AZH SERVICES
ActiveThe computed 12-month bankruptcy probability of AZH SERVICES is 2.9% (moderate). The 2025 annual accounts show equity of €16k and a net result of €10k. Its solvency ranks better than 54% of 2176 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+6
Solvency66▲+17
Growth52
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 0.73 in 2024; short-term debt: 58.8% and cash: 45.9% of total assets), and 58.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
41.2%
Return on assets
25.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
58 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€84k▼ 16.3%
2024 · €100k
2024: €100k
2024 → 2025
EBIT margin
12.0%▲ 2.8pp
2024 · 9.2%
2024: 9.2%
2024 → 2025
Net result
€10k▲ 8.8%
2024 · €9k
2024: €9k
2024 → 2025
Working capital
€11k
2024 · €-5k
2024: €-5k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€100k-€84k▼ 16.3%
Equity€6k-€16k▲ 161%
Operating result€9k-€10k▲ 9.6%
Net result€9k-€10k▲ 8.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€5k▼ 52.8%
Current assets
€33k▲ 139%
Equity and liabilities €39k
Equity
€16k▲ 161%
Debt
€23k▲ 19.0%
The debt ratio falls from 75.8% to 58.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €15k
Cash flow
€16k▲
2024 · €15k
Solvency
41.2%▲
2024 · 24.2%
Current ratio
1.47▲
2024 · 0.73
Quick ratio
1.47▲
2024 · 0.73
Debt / equity
1.43▼
2024 · 3.13
ROE
61.7%▼
2024 · 147.8%
ROA
25.4%▼
2024 · 35.8%
Interest coverage
68.69▼
2024 · 107.95
Debt
€23k▲
2024 · €19k
Debt ≤ 1 year
€23k▲
2024 · €19k
Staff costs
€343
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€25k€39k▲
Fixed assets21/28€11k€5k▼
Tangible fixed assets22/27€11k€5k▼
Furniture and vehicles24€11k€5k▼
Current assets29/58€14k€33k▲
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40€8k€10k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€2k€18k▲
Equity and liabilities
Total equity and liabilities10/49€25k€39k▲
Equity10/15€6k€16k▲
Profit (loss) carried forward14€6k€16k▲
Amounts payable17/49€19k€23k▲
Amounts payable within one year42/48€19k€23k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€18k€17k▼
Income statement
Code20242025
Turnover70€100k€84k▼
Goods, raw materials, services and sundry goods60/61€84k€66k▼
Remuneration, social security and pensions62-€343
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€17k€18k▲
Operating profit (loss)9901€9k€10k▲
Financial charges65/66B€141€234▲
Recurring financial charges65€141€234▲
Profit (loss) for the period before taxes9903€9k€10k▲
Profit (loss) for the period9904€9k€10k▲
Profit (loss) for the period to be appropriated9905€9k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€16k▲
Profit (loss) brought forward from the previous period14P€-3k€6k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 1.47
Current ratio from 0.73 to 1.47.
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Asse · 2 establishment units since 2022
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.
Kerklaan 681731 AsseGround area
7,625 m²
Building footprint
359 m²
Volume, LiDAR
10,136 m³
2 parcels, Brussels, Flanders · tallest building 37.3 m, ±12 floors. Linked by address, not a title deed.
2 establishment units
AZH SERVICES
since 20222.333.811.090
AZH SERVICES
since 20222.335.821.465
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0861/00D000 | Brussels | 7,479 m² | 1 · 287 m² | 37.3 m · 12 fl. |
| 23095B0228/00E018 | Flanders | 146 m² | 1 · 72 m² | 8.6 m · 1 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.
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BE 0767.818.643
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BE 0894.287.441
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VAN STAAL
BE 0745.807.066
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MAGY & MATHE CONSTRUCTION
BE 0801.771.019
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Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 578 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2022
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
49330On-demand passenger transport by chauffeured vehicle
41001General construction of residential buildings
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49320Taxi operation
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.
Contact details
1 entryPhone:0493877888