AZUR-HR
ActiveThe computed 12-month bankruptcy probability of AZUR-HR is 2.2% (moderate). The 2025 annual accounts show equity of €126k and a net result of €20k. Equity is growing by ~43.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 7690 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-19
Solvency33▲+2
Growth78=
Stability94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.61 in 2024), and 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← 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 2025Solvency, return and age of the figures
Solvency
26.2%
Return on assets
4.2%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
18 d late
2023
30 d early
2022
19 d early
2021
16 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▲ 19.3%
2024 · €106k
2021: €6k
2022: €30k
2023: €74k
2024: €106k
2021 → 2025
Total assets
€481k▲ 19.3%
2024 · €403k
2021: €20k
2022: €82k
2023: €119k
2024: €403k
2021 → 2025
Net result
€20k▼ 26.0%
2024 · €28k
2021: €-9k
2022: €22k
2023: €43k
2024: €28k
2021 → 2025
Working capital
€-46k▼ 5.5%
2024 · €-44k
2021: €-1k
2022: €23k
2023: €31k
2024: €-44k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€30k▲ 432%€74k▲ 142%€106k▲ 44.0%€126k▲ 19.3%
Operating result€-9k-€29k€59k▲ 107%€43k▼ 26.9%€38k▼ 12.9%
Net result€-9k-€22k€43k▲ 94.5%€28k▼ 36.1%€20k▼ 26.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €481k
Fixed assets
€364k▲ 9.1%
Current assets
€117k▲ 68.6%
Equity and liabilities €481k
Equity
€126k▲ 19.3%
Debt
€355k▲ 19.3%
The debt ratio stays at 73.8%.
Key figures and ratios
EBITDA
€60k▲
2024 · €60k
Cash flow
€43k▼
2024 · €44k
Solvency
26.2%=
2024 · 26.3%
Current ratio
0.72▲
2024 · 0.61
Quick ratio
0.72▲
2024 · 0.61
Debt / equity
2.81▲
2024 · 2.81
ROE
16.2%▼
2024 · 26.0%
ROA
4.2%▼
2024 · 6.8%
Interest coverage
7.33▼
2024 · 9.84
Debt
€355k▲
2024 · €297k
Debt ≤ 1 year
€163k▲
2024 · €113k
Debt > 1 year
€184k=
2024 · €184k
Income taxes
€9k▼
2024 · €10k
Staff costs
€147k▲
2024 · €115k
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€403k€481k▲
Fixed assets21/28€334k€364k▲
Tangible fixed assets22/27€333k€364k▲
Land and buildings22€275k€280k▲
Plant, machinery and equipment23€11k€46k▲
Furniture and vehicles24€31k€22k▼
Other tangible fixed assets26€17k€15k▼
Financial fixed assets28€570€570=
Current assets29/58€69k€117k▲
Amounts receivable within one year40/41€52k€100k▲
Trade receivables40€46k€82k▲
Other amounts receivable41€6k€18k▲
Cash at bank and in hand54/58€16k€15k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€403k€481k▲
Equity10/15€106k€126k▲
Contributions10/11€23k€23k=
Reserves13-€20k
Distributable reserves133-€20k
Profit (loss) carried forward14€83k€83k=
Amounts payable17/49€297k€355k▲
Amounts payable after more than one year17€184k€184k=
Financial debts170/4€184k€184k=
Amounts payable within one year42/48€113k€163k▲
Current portion of amounts payable after more than one year42€10k-
Trade debts44€28k€24k▼
Suppliers440/4€28k€24k▼
Taxes, remuneration and social security45€31k€34k▲
Taxes450/3€29k€33k▲
Remuneration and social security454/9€2k€641▼
Other amounts payable47/48€44k€106k▲
Accrued charges and deferred income492/3-€8k
Income statement
Code20242025
Remuneration, social security and pensions62€115k€147k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€23k▲
Other operating charges640/8€754€4k▲
Gross operating margin9900€175k€212k▲
Operating profit (loss)9901€43k€38k▼
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€37k€30k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€28k€20k▼
Profit (loss) for the period to be appropriated9905€28k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€104k▲
Profit (loss) brought forward from the previous period14P€56k€83k▲
Transfer to equity691/2-€20k
To other reserves6921-€20k
The notes to these accounts (7 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
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Equity above €100kEq €106k ▲44%
3 profitable years in a row build equity to €106k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €43k ▲94.5%
Operating result €59k, net result €43k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 2 establishment units since 2020
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.
Helihavenlaan 221000 BrusselGround area
1.6 ha
Building footprint
2,392 m²
Volume, LiDAR
42,527 m³
2 parcels, Brussels, Flanders · tallest building 45.8 m, ±14 floors. Linked by address, not a title deed.
2 establishment units
AZUR-HR
since 20202.309.259.204
Helihavenlaan 22, 1000 Brussel
since 20242.363.022.047
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0255/00A003 | Brussels | 9,208 m² | 1 · 761 m² | 45.8 m · 14 fl. |
| 23772C0379/00L000 | Flanders | 7,036 m² | 1 · 1,631 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 267 EUR awarded · 267 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 267 EUR | 267 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,009 companies in sector 78200 we hold annual accounts for 644. 459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2020
Fiscal year end31-12
Activities, NACEBEL
78200Temporary employment agencies and other provision of personnel
78300Employment activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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
2 entriesWebsite:www.azur-hr.be
E-mail:info@azur-hr.be