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AZRAM

Active
Private limited company (pre-2019)founded 2011active for 15 yearsMolenpoort 1, 3500 Hasselt, BelgiumKBO/BCE: BE 0834.456.653
Summary

AZRAM has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,838 and a net result of €5,269. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 79% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 28-02-2011 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Establishment unit
2.198.052.464 3500 Hasselt, since 09-03-2011
Financial year end
31 March
Peppol
Reachable since 22-12-2025

Board and ownership

Board
  • Afacan BulentDirector

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts to 31-03-2025
Gross margin
€26,455
▲ 59.9%
Turnover
≈ €130,000
estimated
Profit
€5,269
Equity
€18,838
▲ 38.8%
Total assets
€29,533
▼ 35.8%
Staff
≈ 0.5 FTE
estimated
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises risk1 change of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 2.51, cash €22,434Founded in 2011Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 80% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 89+35
equity 63.8% of total assets
Liquidity 84+22
short-term debt 36.2% · cash 76.0%
Profitability 91+26
return on assets 17.8%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.2 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.3 percentage points vs 09-2026 11-2026: 1.0%▲ +0.2 percentage points vs 10-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.51 (1.32 in 2024), above the usual 1.5. Short-term debt is 36.2% and cash 76% of total assets. 36.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 79% of them on solvency, 86% on liquidity, 79% on profitability and 77% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.51, cash €22,434
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €18,838
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 filings
Deviation from the deadline
2026
not filed
2025
7 days early
2024
33 days early
2023
33 days early
2022
32 days early
2021
3 days early
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 18 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved to Hasselt
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as AZRAM: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €24,200 and €35,300, founded between 2008 and 2012.

CompanyTotal assetsGross margin
AZRAM Hasselt€29,533€26,455
Marclin Zaventem€27,182€24,375
L.G.L. Liège€31,410€22,049
IL NABUCCO Watermaal-Bosvoorde€34,787€29,283
LA FEUILLE DE MENTHE Sint-Pieters-Woluwe€24,155€26,036
DA MARCO Denderleeuw€26,258€25,394
Smik & Smak Beringen€35,319€27,066
Full comparison

Key facts about AZRAM

What is the company number of AZRAM?
The company number of AZRAM is 0834.456.653. The VAT number is the same number with BE in front: BE 0834.456.653.
Where is AZRAM based?
The registered office is at Molenpoort 1, 3500 Hasselt.Company details
What does AZRAM do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of AZRAM?
The legal form of AZRAM is Private limited company (pre-2019) (BVBA).
When was AZRAM founded?
AZRAM was founded on 28-02-2011.
Is AZRAM still active?
Yes, AZRAM is an active enterprise in the KBO register.
How many employees does AZRAM have?
AZRAM had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of AZRAM?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €26,455 and 60 comparable companies (NACE 56111). It probably lies between €100,000 and €170,000.
Is AZRAM profitable?
In financial year 2025, AZRAM made a profit of €5,269.
Where can I find the annual accounts of AZRAM?
AZRAM filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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