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AZLAF

Active
Private limited companyfounded 20232 yrs activeGentsesteenweg 260, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1003.168.753
Summary

The computed 12-month bankruptcy probability of AZLAF is 3.5% (moderate). The 2025 annual accounts show equity of €25,127 and a net result of €2,900. Its solvency ranks better than 84% of 1577 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability58▼-42
Solvency97▼-1
Growth52
Track record82
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.58 against 3.71 in 2024; short-term debt: 27.9% and cash: 11.4% of total assets), and 27.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
72.1%
Return on assets
8.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
10 d early
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 8 December 2023, AZLAF was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€25,127▲ 13.0%
2024 · €22,227
Total assets
€34,868▲ 14.6%
2024 · €30,414
Net result
€2,900▼ 85.7%
2024 · €20,227
Working capital
€25,127▲ 13.0%
2024 · €22,227
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€20,594-€3,738▼ 81.9%
Net result€20,227within the sector's middle half-€2,900within the sector's middle half▼ 85.7%
Equity€22,227within the sector's middle half-€25,127within the sector's middle half▲ 13.0%
Total assets€30,414below the sector's middle half-€34,868below the sector's middle half▲ 14.6%
Debt€8,187-€9,741▲ 19.0%
Working capital€22,227within the sector's middle half-€25,127within the sector's middle half▲ 13.0%
Solvency73.1%above the sector's middle half-72.1%above the sector's middle half▼ 1.0pp
Current ratio3.71above the sector's middle half-3.58above the sector's middle half▼ 0.14
Return on assets (ROA)66.5%above the sector's middle half-8.3%within the sector's middle half▼ 58.2pp
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2024: €20,594€20,594Net result 2024: €20,227€20,227Operating result 2025: €3,738€3,738Net result 2025: €2,900€2,90020242025€0€10,000€20,000Operating result 2024: €20,594€20,600Net result 2024: €20,227€20,200Operating result 2025: €3,738€3,740Net result 2025: €2,900€2,90020242025
The operating result falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €34,868
Equity €25,127 ▲ 13.0%
Debt €9,741 ▲ 19.0%
Debt's share of the balance-sheet total rises from 26.9% to 27.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.39▲
2024 · 0.37
ROE
11.5%▼
2024 · 91.0%
Debt ≤ 1 year
€9,741▲
2024 · €8,187
Income taxes
€725
Staff costs
€5,487▼
2024 · €14,305
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€30,414€34,868▲
Current assets29/58€30,414€34,868▲
Amounts receivable within one year40/41€18,344€30,899▲
Trade receivables40€5,917€5,575▼
Other amounts receivable41€12,427€25,325▲
Cash at bank and in hand54/58€12,070€3,968▼
Equity and liabilities
Total equity and liabilities10/49€30,414€34,868▲
Equity10/15€22,227€25,127▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€20,227€23,127▲
Amounts payable17/49€8,187€9,741▲
Amounts payable within one year42/48€8,187€9,741▲
Trade debts44€5,975-
Suppliers440/4€5,975-
Taxes, remuneration and social security45€2,212€9,741▲
Taxes450/3€1,867€1,753▼
Remuneration and social security454/9€345€7,987▲
Income statement Code20242025
Remuneration, social security and pensions62€14,305€5,487▼
Other operating charges640/8€428€629▲
Gross operating margin9900€35,327€9,854▼
Operating profit (loss)9901€20,594€3,738▼
Financial charges65/66B€367€112▼
Recurring financial charges65€367€112▼
Profit (loss) for the period before taxes9903€20,227€3,626▼
Income taxes67/77-€725
Profit (loss) for the period9904€20,227€2,900▼
Profit (loss) for the period to be appropriated9905€20,227€2,900▼
Appropriation of the result
Profit (loss) to be appropriated9906€20,227€23,127▲
Profit (loss) brought forward from the previous period14P-€20,227

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€14,305€5,487▼ 61.6%
Other operating charges640/8€428€629▲ 47.0%
Gross operating margin9900€35,327€9,854▼ 72.1%
Operating profit (loss)9901€20,594€3,738▼ 81.9%
Financial charges65/66B€367€112▼ 69.4%
Recurring financial charges65€367€112▼ 69.4%
Profit (loss) for the period before taxes9903€20,227€3,626▼ 82.1%
Income taxes67/77-€725-
Profit (loss) for the period9904€20,227€2,900▼ 85.7%
Profit (loss) for the period to be appropriated9905€20,227€2,900▼ 85.7%
Line20242025Change
Assets
Total assets20/58€30,414€34,868▲ 14.6%
Current assets29/58€30,414€34,868▲ 14.6%
Amounts receivable within one year40/41€18,344€30,899▲ 68.4%
Trade receivables40€5,917€5,575▼ 5.8%
Other amounts receivable41€12,427€25,325▲ 104%
Cash at bank and in hand54/58€12,070€3,968▼ 67.1%
Equity and liabilities
Total equity and liabilities10/49€30,414€34,868▲ 14.6%
Equity10/15€22,227€25,127▲ 13.0%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€20,227€23,127▲ 14.3%
Amounts payable17/49€8,187€9,741▲ 19.0%
Amounts payable within one year42/48€8,187€9,741▲ 19.0%
Trade debts44€5,975--
Suppliers440/4€5,975--
Taxes, remuneration and social security45€2,212€9,741▲ 340%
Taxes450/3€1,867€1,753▼ 6.1%
Remuneration and social security454/9€345€7,987▲ 2,216%
Line20242025Change
Profit (loss) for the period9904€20,227€2,900▼ 85.7%
Operating cash flow (approximation)€20,227€2,900▼ 85.7%
Change in cash--€8,101-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Sint-Jans-Molenbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
261 m²
Building footprint
224 m²
Volume, LiDAR
1,670 m³
Parcel 21526D0148/00S006, Brussels · tallest building 15.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LOUKKOS - Boulangerie Pâtisserie
Gentsesteenweg 260, 1080 Sint-Jans-MolenbeekRetail trade
since 20242.359.102.752
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21526D0148/00S006 Brussels 261 m² 1 · 224 m² 15.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Jans-Molenbeek2.359.102.752
1 permission
Toelating · Bakkerij · since 02-10-2024

Similar companies · same sector, comparable size

Of 4,228 companies in sector 10712 we hold annual accounts for 1,874. 1,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003168753
Registered 15-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.