AZIMA
ActiveThe computed 12-month bankruptcy probability of AZIMA is 1.9% (moderate). The 2023 annual accounts show equity of €22k and a net result of €-10k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 18028 sector peers (fiscal year 2023). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2023
70
/ 100
Healthy▲ +8 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability0=
Solvency98▼-2
Growth52=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 2.43 against 3.4 in 2022), and 41.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
58.8%
Return on assets
-26%
Age of the figures
32 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2022 and 2023); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2023Net result per financial year
181920212223
2018 to 2023 · latest year -€10k
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline09-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d late
2022
67 d early
2021
53 d early
2020
18 d early
2019
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€22k▼ 30.6%
2022 · €31k
2018: €4k
2019: €9k
2020: €23k
2021: €42k
2022: €31k
2018 → 2023
Total assets
€37k▼ 16.7%
2022 · €44k
2018: €24k
2019: €28k
2020: €32k
2021: €44k
2022: €44k
2018 → 2023
Net result
€-10k▲ 7.0%
2022 · €-10k
2018: €7k
2019: €5k
2020: €14k
2021: €19k
2022: €-10k
2018 → 2023
Working capital
€22k▼ 30.6%
2022 · €31k
2018: €3k
2019: €9k
2020: €23k
2021: €42k
2022: €31k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€9k-€23k▲ 148%€42k▲ 81.2%€31k▼ 24.8%€22k▼ 30.6%
Operating result€8k-€12k▲ 51.3%€20k▲ 57.7%€-10k€-9k▲ 8.8%
Net result€5k-€14k▲ 161%€19k▲ 36.0%€-10k€-10k▲ 7.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2023 against €10k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €37k
Equity
€22k▼ 30.6%
Debt
€15k▲ 16.7%
The debt ratio rises from 29.4% to 41.2%: debt grows while equity shrinks.
Key figures and ratios
Solvency
58.8%▼
2022 · 70.6%
Current ratio
2.43▼
2022 · 3.40
Quick ratio
2.28▼
2022 · 3.24
Debt / equity
0.70▲
2022 · 0.42
ROE
-44.2%▼
2022 · -33.0%
ROA
-26.0%▼
2022 · -23.3%
Debt
€15k▲
2022 · €13k
Debt ≤ 1 year
€15k▲
2022 · €13k
Staff costs
€42k▲
2022 · €23k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€44k€37k▼
Current assets29/58€44k€37k▼
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€10k€15k▲
Other amounts receivable41€10k€15k▲
Cash at bank and in hand54/58€30k€18k▼
Deferred charges and accrued income490/1€2k€900▼
Equity and liabilities
Total equity and liabilities10/49€44k€37k▼
Equity10/15€31k€22k▼
Contributions10/11€37k€37k=
Capital10€37k€37k=
Issued capital100€37k€37k=
Reserves13€4k€4k=
Non-distributable reserves130/1€225€225=
Legal reserve130€225€225=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-10k€-20k▼
Amounts payable17/49€13k€15k▲
Amounts payable within one year42/48€13k€15k▲
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€4k€5k▲
Income statement
Code20222023
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€23k€42k▲
Other operating charges640/8€480€805▲
Non-recurring operating charges66A€1€4▲
Gross operating margin9900€14k€34k▲
Operating profit (loss)9901€-10k€-9k▲
Financial charges65/66B€284€394▲
Recurring financial charges65€284€394▲
Profit (loss) for the period before taxes9903€-10k€-10k▲
Income taxes67/77€-48-
Profit (loss) for the period9904€-10k€-10k▲
Profit (loss) for the period to be appropriated9905€-10k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-20k▼
Profit (loss) brought forward from the previous period14P-€-10k
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
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k ▼155%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €19k ▲36%
Operating result €20k, net result €19k, both a record.
31-12
Financial
Liquidity times 6current ratio 22.94
Current ratio from 3.67 to 22.94; short-term debt falls from €9k to €2k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.67
Current ratio from 1.51 to 3.67; short-term debt falls from €18k to €9k.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
08-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
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, La Louvière · 1 establishment unit since 1991
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.
Rue Hamoir(L.L) 577100 La LouvièreGround area
420 m²
Building footprint
63 m²
Volume, LiDAR
629 m³
Parcel 55022A0471/00F042, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LA COUSCOUSIERE
since 19912.054.631.729
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55022A0471/00F042 | Wallonia | 420 m² | 1 · 63 m² | 13.3 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
DE BOSRUST
BE 0669.713.536
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ASA
BE 1021.712.480
Zandhoven · Eq €22k
BASILS
BE 0698.616.863
Brussel · Eq €22k
HAO-YANG RESTAURATION
BE 0738.766.549
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CIWAN
BE 0833.430.334
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Of 20,229 companies in sector 56111 we hold annual accounts for 11,302. 8,813 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-08-1991
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.