AZGO
ActiveThe computed 12-month bankruptcy probability of AZGO is 4.7% (elevated). The 2024 annual accounts show equity of €122k and a net result of €76k. Equity is growing by ~48.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 18942 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+4
Solvency44▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.02 against 1.04 in 2023; short-term debt: 50.5% and cash: 12.7% of total assets), and 80.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-12-2025, 125 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
125 d late
2023
106 d late
2022
32 d early
2021
53 d early
2020
53 d late
2019
56 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€122k▲ 167%
2023 · €46k
2019: €13k
2020: €14k
2021: €20k
2022: €26k
2023: €46k
2019 → 2024
Total assets
€632k▲ 198%
2023 · €212k
2019: €53k
2020: €77k
2021: €77k
2022: €88k
2023: €212k
2019 → 2024
Net result
€76k▲ 286%
2023 · €20k
2019: €-6k
2020: €873
2021: €6k
2022: €5k
2023: €20k
2019 → 2024
Working capital
€6k▲ 21.8%
2023 · €5k
2019: €16k
2020: €2k
2021: €11k
2022: €14k
2023: €5k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€20k▲ 45.9%€26k▲ 26.7%€46k▲ 76.3%€122k▲ 167%
Operating result€1k-€8k▲ 520%€8k▲ 6.4%€27k▲ 223%€102k▲ 284%
Net result€873-€6k▲ 635%€5k▼ 15.0%€20k▲ 262%€76k▲ 286%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 284% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €632k
Fixed assets
€307k▲ 266%
Current assets
€325k▲ 154%
Equity and liabilities €632k
Equity
€122k▲ 167%
Debt
€511k▲ 207%
The debt ratio rises from 78.5% to 80.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135k▲
2023 · €41k
Cash flow
€109k▲
2023 · €34k
Solvency
19.2%▼
2023 · 21.5%
Current ratio
1.02▼
2023 · 1.04
Quick ratio
1.02▼
2023 · 1.04
Debt / equity
4.20▲
2023 · 3.65
ROE
62.6%▲
2023 · 43.3%
ROA
12.0%▲
2023 · 9.3%
Interest coverage
39.40▲
2023 · 20.57
Debt
€511k▲
2023 · €166k
Debt ≤ 1 year
€319k▲
2023 · €123k
Debt > 1 year
€191k▲
2023 · €43k
Income taxes
€23k▲
2023 · €5k
Staff costs
€225k▲
2023 · €100k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€212k€632k▲
Fixed assets21/28€84k€307k▲
Tangible fixed assets22/27€81k€304k▲
Plant, machinery and equipment23€50k€220k▲
Furniture and vehicles24€30k€84k▲
Other tangible fixed assets26€2k€408▼
Financial fixed assets28€3k€3k=
Current assets29/58€128k€325k▲
Amounts receivable within one year40/41€47k€244k▲
Trade receivables40€46k€199k▲
Other amounts receivable41€648€45k▲
Cash at bank and in hand54/58€80k€80k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€212k€632k▲
Equity10/15€46k€122k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€27k€103k▲
Amounts payable17/49€166k€511k▲
Amounts payable after more than one year17€43k€191k▲
Financial debts170/4€23k€171k▲
Other amounts payable178/9€20k€20k=
Amounts payable within one year42/48€123k€319k▲
Current portion of amounts payable after more than one year42€3k€15k▲
Trade debts44€51k€210k▲
Suppliers440/4€51k€210k▲
Taxes, remuneration and social security45€8k€95k▲
Taxes450/3€7k€50k▲
Remuneration and social security454/9€2k€44k▲
Other amounts payable47/48€61k-
Income statement
Code20232024
Remuneration, social security and pensions62€100k€225k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€33k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€143k€363k▲
Operating profit (loss)9901€27k€102k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€25k€99k▲
Income taxes67/77€5k€23k▲
Profit (loss) for the period9904€20k€76k▲
Profit (loss) for the period to be appropriated9905€20k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€103k▲
Profit (loss) brought forward from the previous period14P€7k€27k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 125 days late
2024
31-12
Financial
Highest result since 2019net €76k ▲286%
Operating result €102k, net result €76k, both a record.
31-12
Financial
Equity above €100kEq €122k ▲167%
5 profitable years in a row build equity to €122k.
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 106 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Back to profitnet €873
Net result €873 after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 2 establishment units since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brederodestraat 1242018 AntwerpenGround area
221 m²
Building footprint
221 m²
Volume, LiDAR
2,038 m³
2 parcels, Flanders · tallest building 17.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Köfteci Doktor
since 20192.286.529.233
KASAP-KÖFTECI
since 20232.341.413.417
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3846/00X000 | Flanders | 147 m² | 1 · 147 m² | 17.9 m · 3 fl. |
| 11003B0051/00G019 | Flanders | 74 m² | 1 · 74 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpen2.286.529.233
Antwerpen2.341.413.417
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Of 21,904 companies in sector 56112 we hold annual accounts for 9,781. 7,566 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.