AZIM
ActiveSummary
The computed 12-month bankruptcy probability of AZIM is 2.5% (moderate). The 2025 annual accounts show equity of €147k and a net result of €22k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 478 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+23
Solvency100▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 4.64 against 3.47 in 2024; short-term debt: 20.1% and cash: 6.4% of total assets), and 20.1% 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.
−lowers risk+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 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
79.9%
Return on assets
11.9%
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 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
18 d late
2023
25 d late
2022
28 d late
2021
29 d late
2020
31 d early
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€147k▲ 17.4%
2024 · €125k
2018: €61k
2019: €75k
2020: €105k
2021: €118k
2022: €117k
2023: €136k
2024: €125k
2018 → 2025
Total assets
€184k▲ 9.3%
2024 · €168k
2018: €83k
2019: €95k
2020: €124k
2021: €181k
2022: €150k
2023: €180k
2024: €168k
2018 → 2025
Net result
€22k
2024 · €-11k
2018: €290
2019: €14k
2020: €30k
2021: €13k
2022: €-2k
2023: €19k
2024: €-11k
2018 → 2025
Working capital
€134k▲ 29.0%
2024 · €104k
2018: €59k
2019: €74k
2020: €103k
2021: €111k
2022: €91k
2023: €123k
2024: €104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€117k▼ 1.5%€136k▲ 16.4%€125k▼ 7.8%€147k▲ 17.4%
Operating result€21k-€1k▼ 93.6%€30k▲ 2,106%€-10k€31k
Net result€13k-€-2k€19k€-11k€22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €31k after a loss of €10k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets
€13k ▼ 42.1%
Current assets
€171k ▲ 17.1%
Equity and liabilities €184k
Equity
€147k ▲ 17.4%
Debt
€37k ▼ 14.3%
Debt's share of the balance-sheet total falls from 25.6% to 20.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2024 · €12k
Cash flow
€33k▲
2024 · €10k
Current ratio
4.64▲
2024 · 3.47
Debt to equity
0.25▼
2024 · 0.34
ROE
14.8%▲
2024 · -8.5%
ROA
11.9%▲
2024 · -6.3%
Interest coverage
37.86▲
2024 · 12.45
Debt ≤ 1 year
€37k▼
2024 · €42k
Income taxes
€8k▲
2024 · €230
Staff costs
€75k▲
2024 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€168k€184k▲
Fixed assets21/28€22k€13k▼
Tangible fixed assets22/27€22k€13k▼
Plant, machinery and equipment23€142€984▲
Furniture and vehicles24€22k€12k▼
Current assets29/58€146k€171k▲
Amounts receivable within one year40/41€135k€158k▲
Trade receivables40€53k€73k▲
Other amounts receivable41€81k€84k▲
Cash at bank and in hand54/58€11k€12k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€168k€184k▲
Equity10/15€125k€147k▲
Contributions10/11€6k€6k=
Reserves13€129k€141k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€128k€139k▲
Profit (loss) carried forward14€-11k-
Amounts payable17/49€43k€37k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€42k€37k▼
Current portion of amounts payable after more than one year42€13k€1k▼
Trade debts44€14k€15k▲
Suppliers440/4€14k€15k▲
Taxes, remuneration and social security45€15k€21k▲
Taxes450/3€11k€9k▼
Remuneration and social security454/9€5k€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€62k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€11k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€79k€122k▲
Operating profit (loss)9901€-10k€31k▲
Financial income75/76B€23€10▼
Recurring financial income75€23€10▼
Financial charges65/66B€924€1k▲
Recurring financial charges65€924€1k▲
Profit (loss) for the period before taxes9903€-10k€30k▲
Income taxes67/77€230€8k▲
Profit (loss) for the period9904€-11k€22k▲
Profit (loss) for the period to be appropriated9905€-11k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€11k▲
Profit (loss) brought forward from the previous period14P-€-11k
Transfer to equity691/2-€11k
To other reserves6921-€11k
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Weakest financial yearnet €-11k ▼156%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €30k ▲109%
Operating result €41k, net result €30k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲39.7%
3 profitable years in a row build equity to €105k.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 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, Brussel · 1 establishment unit since 2006
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.
Generaal de Ceunincklaan 91020 BrusselGround area
290 m²
Building footprint
100 m²
Volume, LiDAR
991 m³
Parcel 21818A0003/00B040, Brussels · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AZIM
since 20062.158.764.296
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0003/00B040 | Brussels | 290 m² | 1 · 100 m² | 12.2 m · 4 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
BECKS TRANSPORTS
BE 0721.450.663
Ans · Eq €147,354
Belgium Aviation Services
BE 0640.924.332
Antwerpen · Eq €145,826
L.A. EXPRESS
BE 0676.825.121
Riemst · Eq €147,882
BEL-AY
BE 0895.373.742
Brussel · Eq €145,701
DISTRIBUTION SERVICES-MESSAGERIE
BE 0889.757.244
Walcourt · Eq €145,618
Of 4,915 companies in sector 53200 we hold annual accounts for 1,329. 975 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.