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AZR

Active
Private limited companyfounded 201114 yrs activeLiefkenshage 19, 9470 Denderleeuw, BelgiumKBO/BCE: BE 0842.272.081

AZR has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 78% of 4472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
100 / 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.23 against 6.18 in 2024), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
68.7%
Return on assets
25.8%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €144k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
23 d late
2023
21 d late
2022
21 d late
2021
3 d early
2020
24 d early
2019
31 d late
← before the deadline after the deadline →
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
14-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€144k▲ 60.2%
2024 · €90k
2018: €92k 2019: €78k 2020: €44k 2021: €24k 2022: €41k 2023: €68k 2024: €90k
2018 → 2025
Total assets
€209k▲ 97.3%
2024 · €106k
2018: €154k 2019: €132k 2020: €96k 2021: €59k 2022: €68k 2023: €88k 2024: €106k
2018 → 2025
Net result
€54k▲ 148%
2024 · €22k
2018: €20k 2019: €-14k 2020: €-34k 2021: €-20k 2022: €17k 2023: €27k 2024: €22k
2018 → 2025
Working capital
€144k▲ 70.9%
2024 · €84k
2018: €72k 2019: €54k 2020: €18k 2021: €11k 2022: €26k 2023: €54k 2024: €84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€24k-€41k▲ 69.0%€68k▲ 64.8%€90k▲ 32.1%€144k▲ 60.2%
Operating result€-21k-€17k€27k▲ 62.6%€25k▼ 6.8%€80k▲ 216%
Net result€-20k-€17k€27k▲ 58.6%€22k▼ 18.4%€54k▲ 148%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €-21k€-21kNet result 2021: €-20k€-20kOperating result 2022: €17k€17kNet result 2022: €17k€17kOperating result 2023: €27k€27kNet result 2023: €27k€27kOperating result 2024: €25k€25kNet result 2024: €22k€22kOperating result 2025: €80k€80kNet result 2025: €54k€54k20212022202320242025
The operating result recovers in 2025; 2025 is 216% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €209k
Equity €144k▲ 60.2%
Debt €65k▲ 301%
The debt ratio rises from 15.4% to 31.3%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86k
2024 · €34k
Cash flow
€59k
2024 · €30k
Solvency
68.7%
2024 · 84.6%
Current ratio
3.23
2024 · 6.18
Quick ratio
3.23
2024 · 6.18
Debt / equity
0.46
2024 · 0.18
ROE
37.6%
2024 · 24.3%
ROA
25.8%
2024 · 20.5%
Interest coverage
650.73
2024 · 170.35
Debt
€65k
2024 · €16k
Debt ≤ 1 year
€65k
2024 · €16k
Income taxes
€26k
2024 · €4k
Staff costs
€38k
2024 · €38k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€106k€209k
Fixed assets21/28€5k-
Tangible fixed assets22/27€5k-
Furniture and vehicles24€5k-
Current assets29/58€101k€209k
Amounts receivable within one year40/41€10k€44k
Trade receivables40€6k€41k
Other amounts receivable41€4k€3k
Cash at bank and in hand54/58€89k€161k
Deferred charges and accrued income490/1€2k€4k
Equity and liabilities
Total equity and liabilities10/49€106k€209k
Equity10/15€90k€144k
Contributions10/11€6k€6k=
Reserves13€83k€137k
Distributable reserves133€83k€137k
Amounts payable17/49€16k€65k
Amounts payable within one year42/48€16k€65k
Trade debts44€6k€44k
Suppliers440/4€6k€44k
Taxes, remuneration and social security45€5k€16k
Taxes450/3€3k€13k
Remuneration and social security454/9€3k€3k
Other amounts payable47/48€5k€5k
Accrued charges and deferred income492/3-€671
Income statement Code20242025
Remuneration, social security and pensions62€38k€38k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k
Other operating charges640/8€2k€1k
Gross operating margin9900€74k€125k
Operating profit (loss)9901€25k€80k
Financial income75/76B€1€8
Recurring financial income75€1€8
Financial charges65/66B€198€132
Recurring financial charges65€198€132
Profit (loss) for the period before taxes9903€25k€80k
Income taxes67/77€4k€26k
Profit (loss) for the period9904€22k€54k
Profit (loss) for the period to be appropriated9905€22k€54k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€54k
Transfer to equity691/2€22k€54k
To other reserves6921€22k€54k

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial Highest result since 2018net €54k ▲148%
Operating result €80k, net result €54k, both a record.
31-12
Financial Equity above €100kEq €144k ▲60.2%
4 profitable years in a row build equity to €144k.
23-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
21-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial Back to profitnet €17k
Net result €17k after 3 loss-making years.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Denderleeuw · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Liefkenshage 199470 Denderleeuw
Ground area
560 m²
Building footprint
129 m²
Volume, LiDAR
666 m³
Parcel 41402B0168/00D000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AZR
Liefkenshage 19, 9470 DenderleeuwLand transport and transport via pipelines
since 20112.205.973.208
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41402B0168/00D000 Flanders 560 m² 1 · 129 m² 8.1 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.

Similar companies · same sector, comparable size

Of 6,625 companies in sector 49330 we hold annual accounts for 2,254. 1,383 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-12-2011
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
86903Human health activities
86920Human health activities
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.