AZUR PISCINE
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 16-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 32% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €10,221 | €17,874 |
| Financial fixed assets | €55 | €270 | - |
| Depreciation and write-downs of the year | - | €1,572 | €2,983 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,572 | €2,983 | ▲ 89.8% |
| Other operating charges640/8 | €434 | €440 | €1,087 | ▲ 147% |
| Non-recurring operating charges66A | - | - | €3,800 | - |
| Gross operating margin9900 | -€4,034 | €19,327 | €19,722 | ▲ 2.0% |
| Operating profit (loss)9901 | -€4,468 | €17,314 | €11,852 | ▼ 31.5% |
| Financial income75/76B | €0 | €0 | €1 | ▲ 587% |
| Recurring financial income75 | €0 | €0 | €1 | ▲ 587% |
| Financial charges65/66B | €20 | €267 | €377 | ▲ 41.3% |
| Recurring financial charges65 | €20 | €267 | €377 | ▲ 41.3% |
| Profit (loss) for the period before taxes9903 | -€4,488 | €17,048 | €11,476 | ▼ 32.7% |
| Income taxes67/77 | - | €3,393 | €2,149 | ▼ 36.7% |
| Profit (loss) for the period9904 | -€4,488 | €13,654 | €9,327 | ▼ 31.7% |
| Profit (loss) for the period to be appropriated9905 | -€4,488 | €13,654 | €9,327 | ▼ 31.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €6,865 | €21,819 | €52,626 | ▲ 141% |
| Fixed assets21/28 | €55 | €8,974 | €16,098 | ▲ 79.4% |
| Tangible fixed assets22/27 | - | €8,649 | €15,773 | ▲ 82.4% |
| Plant, machinery and equipment23 | - | €75 | €57 | ▼ 25.0% |
| Furniture and vehicles24 | - | €8,574 | €14,653 | ▲ 70.9% |
| Other tangible fixed assets26 | - | - | €1,064 | - |
| Financial fixed assets28 | €55 | €325 | €325 | = |
| Current assets29/58 | €6,810 | €12,845 | €36,528 | ▲ 184% |
| Stocks and contracts in progress3 | - | €2,940 | €5,213 | ▲ 77.3% |
| Stocks30/36 | - | €2,940 | €5,213 | ▲ 77.3% |
| Amounts receivable within one year40/41 | €4,134 | €5,856 | €16,249 | ▲ 177% |
| Trade receivables40 | €4,134 | €5,701 | €16,005 | ▲ 181% |
| Other amounts receivable41 | - | €155 | €244 | ▲ 58.1% |
| Cash at bank and in hand54/58 | €2,676 | €3,952 | €14,991 | ▲ 279% |
| Deferred charges and accrued income490/1 | - | €97 | €74 | ▼ 23.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €6,865 | €21,819 | €52,626 | ▲ 141% |
| Equity10/15 | -€3,488 | €10,166 | €19,493 | ▲ 91.7% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€4,488 | €9,166 | €18,493 | ▲ 102% |
| Amounts payable17/49 | €10,354 | €11,653 | €33,133 | ▲ 184% |
| Amounts payable after more than one year17 | - | - | €9,289 | - |
| Financial debts170/4 | - | - | €9,289 | - |
| Amounts payable within one year42/48 | €10,354 | €11,653 | €23,844 | ▲ 105% |
| Current portion of amounts payable after more than one year42 | - | - | €3,352 | - |
| Trade debts44 | €4,063 | €5,526 | €10,401 | ▲ 88.2% |
| Suppliers440/4 | €4,063 | €5,526 | €10,401 | ▲ 88.2% |
| Taxes, remuneration and social security45 | €4,249 | €3,574 | €8,232 | ▲ 130% |
| Taxes450/3 | €2,649 | €3,574 | €8,232 | ▲ 130% |
| Remuneration and social security454/9 | €1,600 | - | - | - |
| Other amounts payable47/48 | €2,042 | €2,553 | €1,859 | ▼ 27.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,488 | €13,654 | €9,327 | ▼ 31.7% |
| + Depreciation and write-downs630 | - | €1,572 | €2,983 | ▲ 89.8% |
| Operating cash flow (approximation) | -€4,488 | €15,226 | €12,310 | ▼ 19.1% |
| Investment in fixed assets (approximation) | - | -€10,491 | -€10,107 | ▲ 3.7% |
| Change in cash | - | €1,276 | €11,039 | ▲ 765% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as AZUR PISCINE has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of AZUR PISCINE itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for AZUR PISCINE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.