AZH EXPORT

Active

Private limited company (pre-2019)founded 201610 yrs activeScheldestraat 65, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0646.908.143

The computed 12-month bankruptcy probability of AZH EXPORT is 2.2% (moderate). The 2024 annual accounts show equity of €32k and a net result of €2k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 36373 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

52 / 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

Profitability72▼-2

Solvency68=

Growth52=

Track record100

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days only on tighter terms

Liquidity tight (current ratio 1.33 against 1.57 in 2023; short-term debt: 56.9% and cash: 0.9% of total assets), and 56.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

43.1%

Return on assets

2.5%

Age of the figures

21 mo

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 19-11-2025, 111 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 · 7 filings

Deviation from the deadline

2025

not confirmed

2024

111 d late

2023

55 d late

2022

44 d late

2021

46 d late

2020

15 d late

2019

28 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€32k▲ 6.1%

2023 · €31k

2018: €11k 2019: €12k 2020: €12k 2021: €20k 2022: €28k 2023: €31k

2018 → 2024

Total assets

€75k▲ 5.4%

2023 · €71k

2018: €11k 2019: €13k 2020: €19k 2021: €31k 2022: €74k 2023: €71k

2018 → 2024

Net result

€2k▼ 38.2%

2023 · €3k

2018: €3k 2019: €1k 2020: €199 2021: €7k 2022: €8k 2023: €3k

2018 → 2024

Working capital

€14k▼ 39.0%

2023 · €23k

2019: €6k 2020: €9k 2021: €18k 2022: €18k 2023: €23k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€12k-€20k▲ 59.6%€28k▲ 40.1%€31k▲ 10.9%€32k▲ 6.1%

Operating result€374-€10k▲ 2,525%€11k▲ 9.2%€4k▼ 59.2%€3k▼ 38.1%

Net result€199-€7k▲ 3,574%€8k▲ 7.5%€3k▼ 61.8%€2k▼ 38.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 38% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €75k

24.3%

75.7%

Fixed assets €18k▲ 148%

Current assets €57k▼ 11.0%

Equity and liabilities €75k

43.1%

56.9%

Equity €32k▲ 6.1%

Debt €43k▲ 4.9%

The debt ratio falls from 57.1% to 56.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€6k▼

2023 · €7k

Cash flow

€5k▼

2023 · €5k

Solvency

43.1%▲

2023 · 42.9%

Current ratio

1.33▼

2023 · 1.57

Quick ratio

1.33▼

2023 · 1.57

Debt / equity

1.32▼

2023 · 1.33

ROE

5.7%▼

2023 · 9.9%

ROA

2.5%▼

2023 · 4.2%

Interest coverage

37.75▲

2023 · 17.02

Debt

€43k▲

2023 · €41k

Debt ≤ 1 year

€43k▲

2023 · €41k

Income taxes

€690▼

2023 · €971

Staff costs

€35k▼

2023 · €39k

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€71k€75k▲

Fixed assets21/28€7k€18k▲

Tangible fixed assets22/27€7k€18k▲

Furniture and vehicles24€7k€18k▲

Financial fixed assets28€40-

Current assets29/58€64k€57k▼

Amounts receivable within one year40/41€48k€56k▲

Trade receivables40€48k€40k▼

Other amounts receivable41-€17k

Cash at bank and in hand54/58€15k€698▼

Equity and liabilities

Total equity and liabilities10/49€71k€75k▲

Equity10/15€31k€32k▲

Contributions10/11€8k€8k=

Outside capital11€8k€8k=

Other1109/19€8k€8k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€21k€23k▲

Amounts payable17/49€41k€43k▲

Amounts payable within one year42/48€41k€43k▲

Trade debts44€1k€14k▲

Suppliers440/4€1k€14k▲

Taxes, remuneration and social security45€10k€9k▼

Taxes450/3€6k€4k▼

Remuneration and social security454/9€5k€5k▲

Other amounts payable47/48€29k€20k▼

Income statement Code20232024

Remuneration, social security and pensions62€39k€35k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲

Other operating charges640/8€384€714▲

Gross operating margin9900€46k€42k▼

Operating profit (loss)9901€4k€3k▼

Financial charges65/66B€386€153▼

Recurring financial charges65€386€153▼

Profit (loss) for the period before taxes9903€4k€3k▼

Income taxes67/77€971€690▼

Profit (loss) for the period9904€3k€2k▼

Profit (loss) for the period to be appropriated9905€3k€2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€21k€23k▲

Profit (loss) brought forward from the previous period14P€18k€21k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 2Filings 7

2025

19-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 111 days late

2024

24-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 55 days late

2023

13-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 44 days late

2022

31-12

Financial Highest result since 2018net €8k ▲7.5%

Operating result €11k, net result €8k, both a record.

15-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 46 days late

2021

15-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 15 days late

2020

31-12

Financial Weakest financial yearnet €199 ▼82.9%

Net result drops to €199, the lowest in the series; recovery starts the following year.

28-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 28 days late

2019

30-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Jans-Molenbeek · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Scheldestraat 651080 Sint-Jans-Molenbeek

Ground area

123 m²

Building footprint

82 m²

Volume, LiDAR

1,210 m³

Parcel 21012F0370/00K012, Brussels · tallest building 15.9 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

AZH EXPORT

Scheldestraat 65, 1080 Sint-Jans-MolenbeekManufacture of metal structures and parts of structures

since 20182.271.526.697

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21012F0370/00K012	Brussels	123 m²	1 · 82 m²	15.9 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

DILLENS ALGEMENE BOUWWERKEN

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,746 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded22-01-2016

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

33120Repair and maintenance of machinery

42110Construction of roads and motorways

43120Site preparation

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.