AZIM GROUP
ActiveThe computed 12-month bankruptcy probability of AZIM GROUP is 1.8% (moderate). The 2024 annual accounts show equity of €2k and a net result of €427. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 8969 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
68
/ 100
Healthy▲ +31 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency25▲+2
Growth32=
Stability94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.18 against 1.14 in 2023), and 85% 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 · 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 · 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 2024Solvency, return and age of the figures
Solvency
15%
Return on assets
3%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8969 sector peers (2024).
NBB · sector comparisonPosition among 8969 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
27 d late
2022
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k▲ 25.4%
2023 · €2k
2022: €2k
2023: €2k
2022 → 2024
Total assets
€14k▲ 3.1%
2023 · €14k
2022: €16k
2023: €14k
2022 → 2024
Net result
€427
2023 · €-774
2022: €455
2023: €-774
2022 → 2024
Working capital
€2k▲ 25.4%
2023 · €2k
2022: €2k
2023: €2k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€2k-€2k▼ 31.5%€2k▲ 25.4%
Operating result€206-€-1k
Net result€455-€-774€427
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €1k after €206 in 2022.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €14k
Equity
€2k▲ 25.4%
Debt
€12k=
The debt ratio falls from 87.7% to 85.0%: equity grows faster than debt.
Key figures and ratios
Solvency
15.0%▲
2023 · 12.3%
Current ratio
1.18▲
2023 · 1.14
Quick ratio
1.18▲
2023 · 1.14
Debt / equity
5.68▼
2023 · 7.13
ROE
20.3%▲
2023 · -46.0%
ROA
3.0%▲
2023 · -5.7%
Debt
€12k=
2023 · €12k
Debt ≤ 1 year
€12k=
2023 · €12k
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€14k€14k▲
Current assets29/58€14k€14k▲
Amounts receivable within one year40/41€14k€14k▲
Other amounts receivable41€14k€14k▲
Equity and liabilities
Total equity and liabilities10/49€14k€14k▲
Equity10/15€2k€2k▲
Contributions10/11€2k€2k=
Reserves13-€108
Distributable reserves133-€108
Profit (loss) carried forward14€-319-
Amounts payable17/49€12k€12k=
Amounts payable within one year42/48€12k€12k=
Trade debts44€8k€8k=
Suppliers440/4€6k€6k=
Bills of exchange payable441€2k€2k=
Taxes, remuneration and social security45€217€217=
Taxes450/3€217€217=
Other amounts payable47/48€4k€4k=
Income statement
Code20232024
Remuneration, social security and pensions62€-1k-
Gross operating margin9900€-3k-
Operating profit (loss)9901€-1k-
Financial income75/76B€731€427▼
Recurring financial income75€731€427▼
Financial charges65/66B€32-
Recurring financial charges65€32-
Profit (loss) for the period before taxes9903€-774€427▲
Profit (loss) for the period9904€-774€427▲
Profit (loss) for the period to be appropriated9905€-774€427▲
Appropriation of the result
Profit (loss) to be appropriated9906€-774€108▲
Profit (loss) brought forward from the previous period14P-€-319
Transfer from equity791/2€455-
Transfer to equity691/2-€108
To other reserves6921-€108
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €427
Net result €427 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-774 ▼270%
Net result drops to €-774, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Genk · 1 establishment unit 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.
Europalaan 693600 GenkGround area
426 m²
Building footprint
424 m²
Volume, LiDAR
8,196 m³
Parcel 71016I0322/00E002, Flanders · tallest building 23.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Azim Group
since 20222.331.142.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I0322/00E002 | Flanders | 426 m² | 1 · 424 m² | 23.6 m · 7 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.
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Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 852 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2022
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
47120Other non-specialised retail sale
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.