AZRAM
ActiveThe computed 12-month bankruptcy probability of AZRAM is 1.6% (moderate). The 2025 annual accounts show equity of €19k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 78% of 13091 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+26
Solvency89▲+35
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.51 against 1.32 in 2024; short-term debt: 36.2% and cash: 76% of total assets), and 36.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €19k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
33 d early
2023
33 d early
2022
32 d early
2021
3 d early
2020
2 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 38.8%
2024 · €14k
2019: €-37k
2020: €-48k
2021: €-37k
2022: €9k
2023: €15k
2024: €14k
2019 → 2025
Total assets
€30k▼ 35.8%
2024 · €46k
2019: €17k
2020: €10k
2021: €13k
2022: €43k
2023: €41k
2024: €46k
2019 → 2025
Net result
€5k
2024 · €-1k
2019: €3k
2020: €-11k
2021: €11k
2022: €46k
2023: €6k
2024: €-1k
2019 → 2025
Working capital
€16k▲ 57.7%
2024 · €10k
2019: €-45k
2020: €-49k
2021: €-36k
2022: €9k
2023: €10k
2024: €10k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-37k-€9k€15k▲ 66.2%€14k▼ 8.9%€19k▲ 38.8%
Operating result€12k-€47k▲ 301%€10k▼ 78.4%€539▼ 94.7%€9k▲ 1,483%
Net result€11k-€46k▲ 337%€6k▼ 87.1%€-1k€5k
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 1,483% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets
€3k▼ 19.0%
Current assets
€27k▼ 37.1%
Equity and liabilities €30k
Equity
€19k▲ 38.8%
Debt
€11k▼ 67.0%
The debt ratio falls from 70.5% to 36.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2024 · €2k
Cash flow
€7k▲
2024 · €477
Solvency
63.8%▲
2024 · 29.5%
Current ratio
2.51▲
2024 · 1.32
Quick ratio
2.24▲
2024 · 1.23
Debt / equity
0.57▼
2024 · 2.39
ROE
28.0%▲
2024 · -9.8%
ROA
17.8%▲
2024 · -2.9%
Interest coverage
56.54▲
2024 · 15.25
Debt
€11k▼
2024 · €32k
Debt ≤ 1 year
€11k▼
2024 · €32k
Income taxes
€3k▲
2024 · €2k
Staff costs
€11k▲
2024 · €9k
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€46k€30k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€18-
Current assets29/58€43k€27k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40€961€941▼
Other amounts receivable41€766€557▼
Cash at bank and in hand54/58€38k€22k▼
Equity and liabilities
Total equity and liabilities10/49€46k€30k▼
Equity10/15€14k€19k▲
Contributions10/11€19k€19k=
Reserves13-€238
Distributable reserves133-€238
Profit (loss) carried forward14€-5k-
Amounts payable17/49€32k€11k▼
Amounts payable within one year42/48€32k€11k▼
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9€3k€600▼
Other amounts payable47/48€21k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€9k€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€5k€5k▼
Gross operating margin9900€17k€26k▲
Operating profit (loss)9901€539€9k▲
Financial income75/76B€16€12▼
Recurring financial income75€16€12▼
Financial charges65/66B€154€181▲
Recurring financial charges65€154€181▲
Profit (loss) for the period before taxes9903€402€8k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€-1k€5k▲
Profit (loss) for the period to be appropriated9905€-1k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€238▲
Profit (loss) brought forward from the previous period14P€-4k€-5k▼
Transfer to equity691/2-€238
To other reserves6921-€238
The notes to these accounts (5 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
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €46k ▲337%
Operating result €47k, net result €46k, both a record.
31-03
Financial
Liquidity times 5current ratio 1.25
Current ratio from 0.26 to 1.25; short-term debt falls from €48k to €34k.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €-11k ▼490%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
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
5 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, Hasselt · 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.
Molenpoort 13500 HasseltGround area
188 m²
Building footprint
174 m²
Volume, LiDAR
1,559 m³
Parcel 71022H1435/00M000, Flanders · tallest building 17.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AZRAM
since 20112.198.052.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H1435/00M000 | Flanders | 188 m² | 1 · 174 m² | 17.0 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.198.052.464
Similar companies · same sector, comparable size
COSE
BE 0888.562.362
Ganshoren · Eq €19k
DAI GUSTI
BE 0649.509.624
Heusden-Zolder · Eq €19k
MaRo Wines
BE 0672.841.290
Dalhem · Eq €19k
CHURROS VALYSER
BE 0670.836.261
Vilvoorde · Eq €19k
MTC Consult
BE 0534.428.824
La Hulpe · Eq €19k
Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,653 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-02-2011
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0487606220