AZmat
ActiveSummary
AZmat has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €21k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+21
Solvency90▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 3.88 in 2024; short-term debt: 35.3% and cash: 20.4% of total assets), and 35.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.7%
Return on assets
18.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-12-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
58 d early
2023
58 d early
2022
42 d early
2021
53 d early
2020
55 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€73k▲ 40.7%
2024 · €52k
2019: €15k
2020: €26k
2021: €43k
2022: €37k
2023: €45k
2024: €52k
2019 → 2025
Total assets
€113k▲ 61.4%
2024 · €70k
2019: €28k
2020: €45k
2021: €87k
2022: €72k
2023: €81k
2024: €70k
2019 → 2025
Net result
€21k▲ 198%
2024 · €7k
2019: €12k
2020: €11k
2021: €17k
2022: €14k
2023: €8k
2024: €7k
2019 → 2025
Working capital
€73k▲ 40.7%
2024 · €52k
2019: €12k
2020: €25k
2021: €43k
2022: €37k
2023: €45k
2024: €52k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€37k▼ 14.9%€45k▲ 22.1%€52k▲ 15.8%€73k▲ 40.7%
Operating result€23k-€19k▼ 18.4%€11k▼ 39.8%€9k▼ 16.7%€29k▲ 206%
Net result€17k-€14k▼ 20.4%€8k▼ 40.3%€7k▼ 12.7%€21k▲ 198%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 206% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €113k
Equity
€73k ▲ 40.7%
Debt
€40k ▲ 121%
Debt's share of the balance-sheet total rises from 25.8% to 35.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.84▼
2024 · 3.88
Quick ratio
1.97▼
2024 · 2.60
Debt to equity
0.54▲
2024 · 0.35
ROE
28.9%▲
2024 · 13.7%
ROA
18.7%▲
2024 · 10.1%
Debt ≤ 1 year
€40k▲
2024 · €18k
Income taxes
€8k▲
2024 · €2k
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 · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€70k€113k▲
Current assets29/58€70k€113k▲
Stocks and contracts in progress3€23k€34k▲
Stocks30/36€23k€34k▲
Amounts receivable within one year40/41€22k€55k▲
Trade receivables40€19k€55k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€25k€23k▼
Deferred charges and accrued income490/1€79€91▲
Equity and liabilities
Total equity and liabilities10/49€70k€113k▲
Equity10/15€52k€73k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€33k€54k▲
Amounts payable17/49€18k€40k▲
Amounts payable within one year42/48€18k€40k▲
Trade debts44€15k€26k▲
Suppliers440/4€15k€26k▲
Advances received on contracts in progress46€100-
Taxes, remuneration and social security45€767€12k▲
Taxes450/3€767€12k▲
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Other operating charges640/8€274€557▲
Gross operating margin9900€10k€29k▲
Operating profit (loss)9901€9k€29k▲
Financial income75/76B€103€333▲
Recurring financial income75€103€333▲
Financial charges65/66B€91€134▲
Recurring financial charges65€91€134▲
Profit (loss) for the period before taxes9903€9k€29k▲
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€7k€21k▲
Profit (loss) for the period to be appropriated9905€7k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€54k▲
Profit (loss) brought forward from the previous period14P€26k€33k▲
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
Next filing, fiscal year 2026, expected by
2025
04-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €21k ▲198%
Operating result €29k, net result €21k, both a record.
2024
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €7k ▼12.7%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Herenthout · 1 establishment unit since 2011
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.
Moerbroek 62270 HerenthoutGround area
5,826 m²
Building footprint
872 m²
Volume, LiDAR
4,470 m³
Parcel 13012A0423/00Y000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AZmat
since 20112.211.809.737
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13012A0423/00Y000 | Flanders | 5,826 m² | 1 · 872 m² | 6.3 m · 2 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 393 companies in sector 38110 we hold annual accounts for 202. 110 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
Founded20-04-2011
Fiscal year end30-06
Activities, NACEBEL 2025
38110Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
46872Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:RimmoX@gmail.com
Phone:0468325832