AZIRISS
ActiveSummary
The computed 12-month bankruptcy probability of AZIRISS is 3.1% (moderate). The annual accounts of AZIRISS for fiscal year 2024 show a net loss of 81% of the equity at the start of that year. The 2024 annual accounts show equity of €6k and a net result of €-26k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 31% of 26043 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-78
Solvency36▼-30
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.93 against 1.01 in 2023; short-term debt: 88.7% and cash: 3.2% of total assets), and 88.7% 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 · 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
11.3%
Return on assets
-48.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 20-06-2025, 41 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
13 d early
2022
21 d late
2021
40 d early
2020
88 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 81.2%
2023 · €32k
2018: €922
2019: €8k
2020: €25k
2021: €26k
2022: €27k
2023: €32k
2018 → 2024
Total assets
€53k▼ 32.5%
2023 · €79k
2018: €6k
2019: €28k
2020: €35k
2021: €41k
2022: €91k
2023: €79k
2018 → 2024
Net result
€-26k
2023 · €6k
2018: €-979
2019: €-5k
2020: €17k
2021: €1k
2022: €154
2023: €6k
2018 → 2024
Working capital
€-3k
2023 · €696
2018: €922
2019: €-5k
2020: €19k
2021: €26k
2022: €-4k
2023: €696
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€26k▲ 4.3%€27k▲ 0.6%€32k▲ 20.9%€6k▼ 81.2%
Operating result€-7k-€-3k▲ 51.2%€8k€-10k€-19k▼ 86.7%
Net result€17k-€1k▼ 93.7%€154▼ 85.9%€6k▲ 3,486%€-26k
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 €19k in 2024 against €10k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets
€10k ▼ 69.6%
Current assets
€44k ▼ 8.1%
Equity and liabilities €53k
Equity
€6k ▼ 81.2%
Debt
€47k ▲ 0.7%
Debt's share of the balance-sheet total rises from 59.4% to 88.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-11k▼
2023 · €7k
Cash flow
€-18k▼
2023 · €23k
Current ratio
0.93▼
2023 · 1.01
Debt to equity
7.85▲
2023 · 1.46
ROE
-432.0%▼
2023 · 17.3%
ROA
-48.8%▼
2023 · 7.0%
Interest coverage
-36.57▼
2023 · 47.10
Debt ≤ 1 year
€47k▲
2023 · €47k
Income taxes
€8k▲
2023 · €800
Staff costs
€60▼
2023 · €25k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€79k€53k▼
Fixed assets21/28€31k€10k▼
Tangible fixed assets22/27€31k€10k▼
Furniture and vehicles24€26k€5k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€48k€44k▼
Amounts receivable within one year40/41€36k€42k▲
Trade receivables40-€7k
Other amounts receivable41€36k€35k▼
Cash at bank and in hand54/58€11k€2k▼
Equity and liabilities
Total equity and liabilities10/49€79k€53k▼
Equity10/15€32k€6k▼
Contributions10/11€19k€19k=
Reserves13€388€388=
Non-distributable reserves130/1€388€388=
Reserves not available under the articles1311€388€388=
Profit (loss) carried forward14€13k€-13k▼
Amounts payable17/49€47k€47k▲
Amounts payable within one year42/48€47k€47k▲
Trade debts44€27k€28k▲
Suppliers440/4€27k€28k▲
Taxes, remuneration and social security45€20k€13k▼
Remuneration and social security454/9€20k€13k▼
Other amounts payable47/48-€6k
Income statement
Code20232024
Remuneration, social security and pensions62€25k€60▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€8k▼
Other operating charges640/8€10k€829▼
Non-recurring operating charges66A-€14k
Gross operating margin9900€42k€4k▼
Operating profit (loss)9901€-10k€-19k▼
Financial income75/76B€18k€1k▼
Recurring financial income75€161€1k▲
Non-recurring financial income76B€18k€1k▼
Financial charges65/66B€1k€302▼
Recurring financial charges65€153€302▲
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€6k€-18k▼
Income taxes67/77€800€8k▲
Profit (loss) for the period9904€6k€-26k▼
Profit (loss) for the period to be appropriated9905€6k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-13k▼
Profit (loss) brought forward from the previous period14P€8k€13k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-26k ▼571%
Net result drops to €-26k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.97
Current ratio from 0.76 to 2.97; short-term debt falls from €20k to €10k.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 186 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Etterbeek · 2 establishment units since 2019
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.
Jachtlaan 1331040 EtterbeekGround area
286 m²
Building footprint
270 m²
Volume, LiDAR
2,307 m³
2 parcels, Brussels, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
AZIRISS
since 20192.287.564.262
Aziriss srl
since 20232.351.567.238
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22004C0269/00E005 | Flanders | 211 m² | 1 · 207 m² | 10.0 m · 2 fl. |
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 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.
Similar companies · same sector, comparable size
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MICHIELS CAR et CO
BE 0452.415.720
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BEATRICE CLEANING
BE 0767.929.501
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SA CARS
BE 1009.922.032
Vilvoorde · Eq €6,004
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 1,677 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
Founded27-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000