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AZLAR

Open bankruptcy
Private limited companyfounded 2020Edmond Machtenssquare 19, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0747.687.876

A bankruptcy procedure is open for AZLAR according to publications in the Belgian State Gazette; curator: YSABELLE ENSCH.

Summary

The 2023 annual accounts show equity of €40,521 and a net result of €38,410.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
15 September 2025
Supervising judge
Jonathan Pays
Official Gazette
22-09-2025 (pdf) ↗search the document for 2025/137698

Deadlines

Appeal or third-party opposition until
passed on 7 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 15 October 2025art. XX.104 and XX.155 CEL
First verification report
passed on 22 October 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 15 September 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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 28 May 2020, AZLAR was incorporated as a Private limited company.1 Revenue went from EUR 62,006 in 2020 to EUR 356,354 in 2023 and headcount from 1.5 to 5 full-time equivalents.2 The company was declared bankrupt on 15 September 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2023
  3. 3Belgian State Gazette, 22-09-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€356,354▲ 98.5%
2022 · €179,565
EBIT margin
14.8%▲ 17.8pp
2022 · -3.0%
Net result
€38,410
2022 · -€6,309
Working capital
€37,435
2022 · -€508
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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
Line2020202120222023
Turnover€62,006-€453,397▲ 631%€179,565▼ 60.4%€356,354▲ 98.5%
Operating result€5,944-€2,958▼ 50.2%-€5,414€52,640
Net result€4,334within the sector's middle half-€2,086within the sector's middle half▼ 51.9%-€6,309below the sector's middle half€38,410above the sector's middle half
EBIT margin9.6%-0.7%▼ 8.9pp-3.0%▼ 3.7pp14.8%▲ 17.8pp
Equity€6,334below the sector's middle half-€8,420below the sector's middle half▲ 32.9%€2,111below the sector's middle half▼ 74.9%€40,521within the sector's middle half▲ 1,819%
Total assets€27,222below the sector's middle half-€75,486within the sector's middle half▲ 177%€64,361within the sector's middle half▼ 14.7%€169,394within the sector's middle half▲ 163%
Debt€20,888-€67,066▲ 221%€62,250▼ 7.2%€128,873▲ 107%
Working capital€5,151-€4,234▼ 17.8%-€508€37,435
Solvency23.3%within the sector's middle half-11.2%below the sector's middle half▼ 12.1pp3.3%below the sector's middle half▼ 7.9pp23.9%within the sector's middle half▲ 20.6pp
Staff (FTE)1.5within the sector's middle half-9.6▲ 540%4.7▼ 51.0%5▲ 6.4%
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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
-€20,000€0€20,000€40,000€60,000Operating result 2020: €5,944€5,944Net result 2020: €4,334€4,334Operating result 2021: €2,958€2,958Net result 2021: €2,086€2,086Operating result 2022: -€5,414-€5,414Net result 2022: -€6,309-€6,309Operating result 2023: €52,640€52,640Net result 2023: €38,410€38,4102020202120222023-€20,000€0€20,000€40,000€60,000Operating result 2021: €2,958€2,960Net result 2021: €2,086€2,090Operating result 2022: -€5,414-€5,410Net result 2022: -€6,309-€6,310Operating result 2023: €52,640€52,600Net result 2023: €38,410€38,400202120222023
The operating result returns to profit in 2023: €52,640 after a loss of €5,414 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €169,394
Fixed assets €3,086 ▲ 17.8%
Current assets €166,308 ▲ 169%
Equity and liabilities €169,394
Equity €40,521 ▲ 1,819%
Debt €128,873 ▲ 107%
Debt's share of the balance-sheet total falls from 96.7% to 76.1%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€54,373▲
2022 · -€3,847
Cash flow
€40,143▲
2022 · -€4,742
Current ratio
1.29▲
2022 · 0.99
Debt to equity
3.18▼
2022 · 29.49
ROE
94.8%▲
2022 · -298.9%
ROA
22.7%▲
2022 · -9.8%
Interest coverage
213.83▲
2022 · -12.02
Debt ≤ 1 year
€128,873▲
2022 · €62,250
Income taxes
€14,087▲
2022 · €575
Staff costs
€160,918▲
2022 · €111,698
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet Code20222023
Assets
Total assets20/58€64,361€169,394▲
Fixed assets21/28€2,619€3,086▲
Tangible fixed assets22/27€2,469€2,936▲
Furniture and vehicles24€2,469€2,936▲
Financial fixed assets28€150€150=
Current assets29/58€61,741€166,308▲
Amounts receivable within one year40/41€55,801€164,378▲
Trade receivables40€9,191€52,307▲
Other amounts receivable41€46,610€112,071▲
Cash at bank and in hand54/58€5,410€405▼
Deferred charges and accrued income490/1€530€1,525▲
Equity and liabilities
Total equity and liabilities10/49€64,361€169,394▲
Equity10/15€2,111€40,521▲
Contributions10/11€2,000€2,000=
Reserves13€217€217=
Non-distributable reserves130/1€217€217=
Reserves not available under the articles1311€217€217=
Profit (loss) carried forward14-€106€38,304▲
Amounts payable17/49€62,250€128,873▲
Amounts payable within one year42/48€62,250€128,873▲
Trade debts44€8,572€40,093▲
Suppliers440/4€8,572€40,093▲
Taxes, remuneration and social security45€53,640€87,742▲
Taxes450/3€8,944€27,463▲
Remuneration and social security454/9€44,696€60,279▲
Other amounts payable47/48€38€1,038▲
Income statement Code20222023
Turnover70€179,565€356,354▲
Goods, raw materials, services and sundry goods60/61€66,010€130,954▲
Remuneration, social security and pensions62€111,698€160,918▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,567€1,733▲
Other operating charges640/8€5,704€10,110▲
Gross operating margin9900€113,555€225,401▲
Operating profit (loss)9901-€5,414€52,640▲
Financial income75/76B-€112
Recurring financial income75-€112
Financial charges65/66B€320€254▼
Recurring financial charges65€320€254▼
Profit (loss) for the period before taxes9903-€5,734€52,497▲
Income taxes67/77€575€14,087▲
Profit (loss) for the period9904-€6,309€38,410▲
Profit (loss) for the period to be appropriated9905-€6,309€38,410▲
Appropriation of the result
Profit (loss) to be appropriated9906-€106€38,304▲
Profit (loss) brought forward from the previous period14P€6,203-€106▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2020202120222023Change
Turnover70€62,006€453,397€179,565€356,354▲ 98.5%
Goods, raw materials, services and sundry goods60/61-€208,645€66,010€130,954▲ 98.4%
Remuneration, social security and pensions62-€240,316€111,698€160,918▲ 44.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167€497€1,567€1,733▲ 10.6%
Other operating charges640/8-€981€5,704€10,110▲ 77.2%
Gross operating margin9900€48,173€244,752€113,555€225,401▲ 98.5%
Operating profit (loss)9901€5,944€2,958-€5,414€52,640▲ 1,072%
Financial income75/76B---€112-
Recurring financial income75---€112-
Financial charges65/66B-€165€320€254▼ 20.6%
Recurring financial charges65€40€165€320€254▼ 20.6%
Profit (loss) for the period before taxes9903€5,904€2,793-€5,734€52,497▲ 1,016%
Income taxes67/77€1,570€707€575€14,087▲ 2,350%
Profit (loss) for the period9904€4,334€2,086-€6,309€38,410▲ 709%
Profit (loss) for the period to be appropriated9905€4,334€2,086-€6,309€38,410▲ 709%
Line2020202120222023Change
Assets
Total assets20/58€27,222€75,486€64,361€169,394▲ 163%
Fixed assets21/28€1,183€4,186€2,619€3,086▲ 17.8%
Tangible fixed assets22/27€1,033€4,036€2,469€2,936▲ 18.9%
Furniture and vehicles24-€4,036€2,469€2,936▲ 18.9%
Financial fixed assets28€150€150€150€150=
Current assets29/58€26,039€71,300€61,741€166,308▲ 169%
Amounts receivable within one year40/41€26,038€64,851€55,801€164,378▲ 195%
Trade receivables40-€45,742€9,191€52,307▲ 469%
Other amounts receivable41-€19,108€46,610€112,071▲ 140%
Cash at bank and in hand54/58€0€6,449€5,410€405▼ 92.5%
Deferred charges and accrued income490/1--€530€1,525▲ 188%
Equity and liabilities
Total equity and liabilities10/49€27,222€75,486€64,361€169,394▲ 163%
Equity10/15€6,334€8,420€2,111€40,521▲ 1,819%
Contributions10/11€2,000€2,000€2,000€2,000=
Capital10-€2,000---
Issued capital100-€2,000---
Reserves13€217€217€217€217=
Non-distributable reserves130/1-€217€217€217=
Legal reserve130-€217---
Reserves not available under the articles1311--€217€217=
Profit (loss) carried forward14€4,117€6,203-€106€38,304▲ 36,353%
Amounts payable17/49€20,888€67,066€62,250€128,873▲ 107%
Amounts payable within one year42/48€20,888€67,066€62,250€128,873▲ 107%
Trade debts44€1,410€8,139€8,572€40,093▲ 368%
Suppliers440/4-€8,139€8,572€40,093▲ 368%
Taxes, remuneration and social security45-€54,227€53,640€87,742▲ 63.6%
Taxes450/3-€1,769€8,944€27,463▲ 207%
Remuneration and social security454/9-€52,459€44,696€60,279▲ 34.9%
Other amounts payable47/48-€4,700€38€1,038▲ 2,622%
Line2020202120222023Change
Profit (loss) for the period9904€4,334€2,086-€6,309€38,410▲ 709%
+ Depreciation and write-downs630€167€497€1,567€1,733▲ 10.6%
Operating cash flow (approximation)€4,501€2,583-€4,742€40,143▲ 947%
Investment in fixed assets (approximation)--€3,500€0-€2,200-
Change in cash-€6,449-€1,040-€5,005▼ 381%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
22-09
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 15-09-2025
2024
09-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 131 days late
2023
31-12
Financial Back to profitnet €38,410
Net result €38,410 after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial Weakest financial yearnet -€6,309
Net result drops to -€6,309, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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 2020
seat establishment approximate The establishment unit on the map
Ground area
1,238 m²
Building footprint
484 m²
Volume, LiDAR
12,182 m³
Parcel 21524C0260/00E000, Brussels · tallest building 28.8 m, ±9 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
AZLAR
Edmond Machtenssquare 134, 1080 Sint-Jans-MolenbeekCivil engineering
since 20202.303.146.719
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21524C0260/00E000 Brussels 1,238 m² 1 · 484 m² 28.8 m · 9 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator YSABELLE ENSCH
AVENUE LOUISE 349 B 17, 1050 IXELLES
15-09-2025 → present

Similar companies · same sector, comparable size

Of 7,364 companies in sector 81210 we hold annual accounts for 2,741. 2,228 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
Founded28-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Contact
E-mail azlar.srl@gmail.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

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