AZUL COMPANY
InactiveAZUL COMPANY was declared bankrupt on 20-08-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 07-10-2025, published in the Belgian State Gazette on 14-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 18-01-2023, 171 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2021
171 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€4k
EBIT margin
-320.0%
Net result
€-13k
Working capital
€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €15k
Fixed assets
€13k
Current assets
€2k
Key figures and ratios
EBITDA
€-8k
Cash flow
€-8k
Solvency
-79.3%
Current ratio
0.09
Debt to equity
-2.26
ROA
-79.3%
Interest coverage
-5164.75
Debt
€28k
Debt ≤ 1 year
€28k
Filed annual accounts As filed with the NBB · 2021 · 29 lines
Balance sheet
Code2021
Assets
Total assets20/58€16k
Formation expenses20€547
Fixed assets21/28€13k
Tangible fixed assets22/27€13k
Furniture and vehicles24€13k
Current assets29/58€2k
Amounts receivable within one year40/41€668
Other amounts receivable41€668
Cash at bank and in hand54/58€2k
Equity and liabilities
Total equity and liabilities10/49€16k
Equity10/15€-13k
Profit (loss) carried forward14€-13k
Amounts payable17/49€28k
Amounts payable within one year42/48€28k
Trade debts44€25k
Suppliers440/4€25k
Other amounts payable47/48€3k
Income statement
Code2021
Turnover70€4k
Goods, raw materials, services and sundry goods60/61€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€1k
Gross operating margin9900€-7k
Operating profit (loss)9901€-13k
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903€-13k
Profit (loss) for the period9904€-13k
Profit (loss) for the period to be appropriated9905€-13k
Appropriation of the result
Profit (loss) to be appropriated9906€-13k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · AZUL COMPANY BV STEENWEG OP MECHELEN 455 BUS 1, 1950 KRAAINEM · event 07-10-2025
2024
26-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · AZUL COMPANY BV STEENWEG OP MECHELEN 455 BUS 1, 1950 KRAAINEM · event 20-08-2024
2023
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 171 days late
SignalNBB filing
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ilse VAN DE MIEROP WOLSTRAAT 68-70,
1000 BRUSSEL 1 |
20-08-2024 → 07-10-2025 |