Financials
- Fiscal year
- 2025
- Total assets
- €1,490
- Loss
- -€8,473
- Solvency
- -4878.6%
Total assets▼ 89.4%
Net result
20232025
AZU
ActiveSummary
The computed 12-month bankruptcy probability of AZU is 17.2% (high). The 2025 annual accounts show negative equity (-€72,668) and a net result of -€8,473. Equity is shrinking by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 16078 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
2 sites
Size
€1,490total assets 2025
- Equity
- -€72,668
- Loss
- -€8,473
Turnover not published (abridged schema)
Structure
Accounts filed 31 d late2 of 3 deeds read
Why 13- 2 changes of registered office in 24 months- Sector Food and beverage service activities (NACE 56)- Liquidity: current ratio 0.02+ Size: total assets €1,490Show the evidence
Checked score
Score 2025
13
/ 100
Critical
Probability in this band: over 15.0%
Better than 12% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
0=
equity -4878.6% of total assets
Liquidity
0-50
short-term debt 4947.3%
Profitability
0=
return on assets -568.8%
Bankruptcy probability, 12 months
17.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.9%
12-2024: 5.8%▼ -1.0% vs 11-2024
01-2025: 6.2%▲ +7.0% vs 12-2024
02-2025: 6.4%▲ +2.2% vs 01-2025
03-2025: 6.4%▲ +0.3% vs 02-2025
04-2025: 12.1%▲ +89.9% vs 03-2025
05-2025: 12.1%● -0.0% vs 04-2025
06-2025: 11.7%▼ -3.3% vs 05-2025
07-2025: 11.6%▼ -0.9% vs 06-2025
08-2025: 11.9%▲ +2.9% vs 07-2025
09-2025: 12.5%▲ +4.9% vs 08-2025
10-2025: 13.5%▲ +8.0% vs 09-2025
11-2025: 5.3%▼ -60.9% vs 10-2025
12-2025: 5.3%● 0.0% vs 11-2025
01-2026: 5.2%▼ -0.8% vs 12-2025
02-2026: 5.2%● 0.0% vs 01-2026
03-2026: 5.1%▼ -2.0% vs 02-2026
04-2026: 5.1%● 0.0% vs 03-2026
05-2026: 5.1%● -0.0% vs 04-2026
06-2026: 5.1%▼ -1.1% vs 05-2026lowest value
07-2026: 14.0%▲ +176% vs 06-2026
08-2026: 15.3%▲ +9.6% vs 07-2026
09-2026: 17.2%▲ +12.4% vs 08-2026highest value
10-2026: 17.2%● 0.0% vs 09-2026highest value
- 2 changes of registered office in 24 months raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Liquidity: current ratio 0.02 raises the probability
- Size: total assets €1,490 lowers the probability for this profile
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 1%, profitability 8%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€72,668
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
67 d late
2023
237 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 112 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 6 October (3 of the last 3 filed years within 171 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Registered office · Purpose · Statutes…Purpose change · Capital ·…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 4
- Since
- 2025
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 29-06-2026Registered office · Purpose · Statutes amendment
- 06-10-2025Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 23-02-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 29
- Annual meeting
- Third Friday of June at 20:00
- Purpose
- De onderneming heeft als hoofdactiviteit het realiseren van bouwprojecten in de…
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