Equity
€43,694 ▲ 35.0%
AZH EXPORT has made a profit in every financial year since 2018.
AZH EXPORT
Lifetime
8 annual accounts with figures on one time axispeak €45,694 (2022)
€44,225▲ 5.9%
peak €11,319 (2025)
€11,319▲ 509%
peak €43,694 (2025)
€43,694▲ 35.0%
€42,302▼ 0.9%
Board1 name since 2018
1 directorTRAD KHALED
Documentsfilings and deeds
17-09-202648 days late
2025abbreviated format
Result from €1,860 to €11,319Equity from €32,375 to €43,694Cash from €698 to €131
Key points
from the 2025 annual accountsFilings
8 annual accounts 7 late
The 2024 accounts came latest: 111 days after the end of the period.
Position in the sector
€43,694
Less equity than 80% of companies in specialised construction. Sector median €250,541 · 9,969 companies.
Checked score
51
Fair
Financially stronger than 54% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.1%▼ -0.1 percentage points vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%▼ -0.1 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025lowest value
08-2025: 1.6%▲ +0.5 percentage points vs 07-2025
09-2025: 1.8%▲ +0.2 percentage points vs 08-2025
10-2025: 2.8%▲ +1.0 percentage point vs 09-2025
11-2025: 2.9%▲ +0.1 percentage points vs 10-2025
12-2025: 3.1%▲ +0.2 percentage points vs 11-2025
01-2026: 3.0%▼ -0.1 percentage points vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.1%▲ +0.1 percentage points vs 02-2026
04-2026: 3.1%● unchanged vs 03-2026
05-2026: 3.0%▼ -0.1 percentage points vs 04-2026
06-2026: 2.9%▼ -0.1 percentage points vs 05-2026
07-2026: 2.5%▼ -0.4 percentage points vs 06-2026
08-2026: 3.3%▲ +0.8 percentage points vs 07-2026
09-2026: 3.7%▲ +0.4 percentage points vs 08-2026highest value
10-2026: 3.0%▼ -0.7 percentage points vs 09-2026
11-2026: 3.0%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 48 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.79, cash €131, halved
Size: total assets €85,997
Sector: Specialised construction activities (NACE 43)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 55% of them on solvency, 15% on liquidity, 69% on profitability and 77% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as AZH EXPORT has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of AZH EXPORT itself is higher: 3.0% within 12 months. It rests on far more data about AZH EXPORT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for AZH EXPORT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.79 (1.33 in 2024), above the usual 1.5. Short-term debt is 49.2% and cash 0.2% of total assets. 49.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
48 days late
2024
111 days late
2023
55 days late
2022
44 days late
2021
46 days late
2020
15 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 50 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0646908143
First establishment
Scheldestraat 65, Molenbeek-Saint-Jean
Incorporation
published on 26-01-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AZH EXPORT Molenbeek-Saint-Jean | €85,997 | €44,225 | 50.8% | - |
| GSB CONSTRUCT Evere | €82,923 | €38,250 | 66.1% | - |
| M.C. Interconstruct Anderlecht | €79,023 | €43,704 | 47.8% | - |
| STAR CONSTRUCT Sint-Gillis (bij-Brussel) | €87,579 | €56,344 | 49.5% | - |
| CONSTRUFORT Uccle | €85,767 | €36,878 | 22.9% | - |
| JODI DECO Wemmel | €88,871 | €45,185 | 32.3% | - |
| RD ENTREPRISE Sint-Genesius-Rode | €84,826 | €44,317 | 47.1% | - |
These companies have the same main activity as AZH EXPORT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €79,000 and €88,900, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 22-01-2016Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 3 others
- Establishment unit
- 2.271.526.6971080 Molenbeek-Saint-Jean, since 15-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Insights on AZH EXPORT
AZH EXPORT files the abbreviated format. That format states no turnover. The gross margin rose from €4,295 in 2018 to €44,225 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AZH EXPORT
- What is the company number of AZH EXPORT?
- The company number of AZH EXPORT is 0646.908.143. The VAT number is the same number with BE in front: BE 0646.908.143.
- Where is AZH EXPORT based?
- The registered office is at Scheldestraat 65, 1080 Molenbeek-Saint-Jean.Company details
- What does AZH EXPORT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of AZH EXPORT?
- AZH EXPORT is a private limited company (pre-2019) (BVBA).
- When was AZH EXPORT founded?
- AZH EXPORT was founded on 22-01-2016.
- Is AZH EXPORT still active?
- Yes, AZH EXPORT is an active enterprise in the KBO register.
- How many employees does AZH EXPORT have?
- AZH EXPORT had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of AZH EXPORT?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €44,225 and 117 comparable companies (NACE 43990). It probably lies between €240,000 and €640,000.
- Is AZH EXPORT profitable?
- In financial year 2025, AZH EXPORT made a profit of €11,319.
- Where can I find the annual accounts of AZH EXPORT?
- AZH EXPORT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AZH EXPORT due?
- AZH EXPORT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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