AZERPON
ActiveSummary
AZERPON has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €107k. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency35▲+5
Growth72=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.05 in 2024; short-term debt: 90.4% and cash: 96.6% of total assets), and 90.4% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.6%
Return on assets
55%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 12738 sector peers (2025).
NBB · sector comparisonPosition among 12738 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
45 d early
2023
19 d early
2022
17 d late
2021
21 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€303k▲ 78.5%
2021 · €170k
EBIT margin
63.1%▲ 24.4pp
2021 · 38.7%
Net result
€107k▼ 28.4%
2024 · €149k
Working capital
€17k▲ 3.8%
2024 · €16k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€170k€303k
Operating result€66k▲ 0.6%€299k▲ 355%€151k▼ 49.4%€191k▲ 26.4%€139k▼ 27.2%
Net result€50k▲ 0.1%€226k▲ 350%€116k▼ 48.9%€149k▲ 29.0%€107k▼ 28.4%
EBIT margin38.7%63.1%
Equity€130k▲ 41.4%€356k▲ 175%€19k▼ 94.8%€19k=€19k=
Total assets€153k▲ 34.5%€361k▲ 136%€502k▲ 39.0%€367k▼ 26.8%€194k▼ 47.1%
Debt€24k▲ 6.1%€5k▼ 79.6%€483k▲ 9,905%€349k▼ 27.8%€176k▼ 49.6%
Working capital€123k▲ 35.5%€351k▲ 185%€15k▼ 95.6%€16k▲ 6.0%€17k▲ 3.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€2k ▼ 51.0%
Current assets
€193k ▼ 47.0%
Equity and liabilities €194k
Equity
€19k =
Debt
€176k ▼ 49.6%
Debt's share of the balance-sheet total falls from 94.9% to 90.4%. Debt is lower.
Key figures and ratios
EBITDA
€141k▼
2024 · €193k
Cash flow
€109k▼
2024 · €151k
Current ratio
1.10▲
2024 · 1.05
Debt to equity
9.46▼
2024 · 18.75
ROE
575.1%▼
2024 · 802.7%
ROA
55.0%▲
2024 · 40.6%
Interest coverage
39.72▼
2024 · 57.06
Debt ≤ 1 year
€176k▼
2024 · €348k
Income taxes
€29k▼
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €170k | - | - | €303k | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €107k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €2k | €2k | €2k | ▼ 17.9% |
| Other operating charges640/8 | - | €220 | €270 | €440 | €220 | ▼ 50.0% |
| Non-recurring operating charges66A | - | €810 | €80 | €5k | - | - |
| Gross operating margin9900 | €67k | €302k | €153k | €198k | €141k | ▼ 28.8% |
| Operating profit (loss)9901 | €66k | €299k | €151k | €191k | €139k | ▼ 27.2% |
| Financial income75/76B | - | - | €74 | €7k | €522 | ▼ 92.8% |
| Recurring financial income75 | - | - | €74 | €7k | €522 | ▼ 92.8% |
| Financial charges65/66B | - | €2k | €3k | €3k | €4k | ▲ 4.7% |
| Recurring financial charges65 | €2k | €2k | €3k | €3k | €4k | ▲ 4.7% |
| Profit (loss) for the period before taxes9903 | €63k | €296k | €149k | €195k | €136k | ▼ 30.2% |
| Income taxes67/77 | €13k | €70k | €33k | €46k | €29k | ▼ 36.2% |
| Profit (loss) for the period9904 | €50k | €226k | €116k | €149k | €107k | ▼ 28.4% |
| Profit (loss) for the period to be appropriated9905 | €50k | €226k | €116k | €149k | €107k | ▼ 28.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €153k | €361k | €502k | €367k | €194k | ▼ 47.1% |
| Fixed assets21/28 | €7k | €5k | €4k | €3k | €2k | ▼ 51.0% |
| Tangible fixed assets22/27 | €7k | €5k | €4k | €3k | €2k | ▼ 51.0% |
| Furniture and vehicles24 | - | €5k | €4k | €3k | €2k | ▼ 51.0% |
| Current assets29/58 | €147k | €356k | €497k | €364k | €193k | ▼ 47.0% |
| Amounts receivable within one year40/41 | €299 | €7k | €12k | €16k | €5k | ▼ 68.0% |
| Trade receivables40 | - | €0 | €0 | €14k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €7k | €12k | €2k | €5k | ▲ 223% |
| Cash at bank and in hand54/58 | €146k | €349k | €486k | €348k | €188k | ▼ 46.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €153k | €361k | €502k | €367k | €194k | ▼ 47.1% |
| Equity10/15 | €130k | €356k | €19k | €19k | €19k | = |
| Contributions10/11 | - | - | €19k | €19k | €19k | = |
| Reserves13 | €0 | €0 | - | - | - | - |
| Distributable reserves133 | - | €0 | - | - | - | - |
| Profit (loss) carried forward14 | €130k | €356k | €0 | - | - | - |
| Amounts payable17/49 | €24k | €5k | €483k | €349k | €176k | ▼ 49.6% |
| Amounts payable within one year42/48 | €24k | €5k | €482k | €348k | €176k | ▼ 49.4% |
| Trade debts44 | €1k | €1k | €1k | €1k | €3 | ▼ 99.7% |
| Suppliers440/4 | - | €1k | €1k | €1k | €3 | ▼ 99.7% |
| Taxes, remuneration and social security45 | - | €4k | €80k | €30k | €4k | ▼ 86.8% |
| Taxes450/3 | - | €4k | €80k | €30k | €4k | ▼ 86.8% |
| Remuneration and social security454/9 | - | €0 | €0 | €0 | - | - |
| Other amounts payable47/48 | - | €0 | €401k | €317k | €172k | ▼ 45.7% |
| Accrued charges and deferred income492/3 | - | - | €1k | €1k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €226k | €116k | €149k | €107k | ▼ 28.4% |
| + Depreciation and write-downs630 | €1k | €2k | €2k | €2k | €2k | ▼ 17.9% |
| Operating cash flow (approximation) | €52k | €228k | €118k | €151k | €109k | ▼ 28.2% |
| Investment in fixed assets (approximation) | - | €-369 | €-1k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €202k | €137k | €-137k | €-160k | ▼ 16.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
30-06
Financial
Highest result since 2019net €226k ▲350%
Operating result €299k, net result €226k, both a record.
30-06
Financial
Liquidity times 12current ratio 73.71
Current ratio from 6.20 to 73.71; short-term debt falls from €24k to €5k.
30-06
Financial
Equity above €200kEq €356k ▲175%
4 profitable years in a row build equity to €356k.
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €130k ▲41.4%
3 profitable years in a row build equity to €130k.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2019
Ground area
5,017 m²
Building footprint
106 m²
Volume, LiDAR
671 m³
Parcel 62815C0423/00X000, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AZERPON
since 20192.286.806.375
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62815C0423/00X000 ProtectedMonument · Site or landscape |
Wallonia | 5,017 m² | 1 · 106 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
Liesbeth Matthys, notarisvennootschap
BE 0543.949.274
Kruisem · Eq €18,600
Philippe VERNIMMEN & Sandra de CLERCQ
BE 0627.900.794
Sint-Genesius-Rode · Eq €18,600
Notaris Sara DE GROOTE
BE 0643.758.712
Lochristi · Eq €18,600
Notaris Heidi Blervacq
BE 0664.922.726
Dessel · Eq €18,600
Didier NELLESSEN et Letizia VACCARI Notaires associés
BE 0667.770.863
Huy · Eq €18,600
Of 2,261 companies in sector 69102 we hold annual accounts for 1,755. 751 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-02-2019
Fiscal year end30-06
Activities, NACEBEL 2025
69102Activities of notaries
Contact
E-mail
benjamin.poncelet@belnot.be
Scores and ratios are computed by Checked and are not a credit decision.