AZUR SHOP

Active

Private limited companyfounded 200025 yrs activeEs Bosse 2, 4650 Herve, BelgiumKBO/BCE: BE 0473.481.546

AZUR SHOP has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-39k) and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 4555 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Watch Print / PDF

Checked score

Score 2025

28 / 100

Weak▲ +21 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency34▲+1

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.55 against 0.44 in 2024), and equity is negative.

How do we compute the score and the probability?

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

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-20.1%

Return on assets

-7.4%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€39k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 10 filings

Deviation from the deadline

2025

29 d late

2024

22 d late

2023

30 d late

2022

60 d late

2021

75 d late

2020

12 d early

2019

32 d early

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-39k▼ 58.2%

2024 · €-25k

2018: €-83k 2019: €-64k 2020: €-54k 2021: €17k 2022: €31k 2023: €40k 2024: €-25k

2018 → 2025

Total assets

€195k▲ 6.7%

2024 · €182k

2018: €57k 2019: €49k 2020: €27k 2021: €90k 2022: €99k 2023: €81k 2024: €182k

2018 → 2025

Net result

€-14k▲ 77.6%

2024 · €-64k

2018: €-17k 2019: €19k 2020: €10k 2021: €71k 2022: €14k 2023: €9k 2024: €-64k

2018 → 2025

Working capital

€-44k▼ 33.5%

2024 · €-33k

2018: €-73k 2019: €-56k 2020: €-49k 2021: €22k 2022: €20k 2023: €31k 2024: €-33k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€17k-€31k▲ 83.8%€40k▲ 28.4%€-25k€-39k▼ 58.2%

Operating result€90k-€22k▼ 75.5%€16k▼ 28.4%€-55k€8k

Net result€71k-€14k▼ 80.1%€9k▼ 37.7%€-64k€-14k▲ 77.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €8k after a loss of €55k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €195k

72.8%

27.2%

Fixed assets €142k▼ 9.5%

Current assets €53k▲ 106%

Key figures and ratios

2025 value · change against 2024

EBITDA

€23k▲

2024 · €-42k

Cash flow

€583▲

2024 · €-52k

Solvency

-20.1%▼

2024 · -13.5%

Current ratio

0.55▲

2024 · 0.44

Quick ratio

0.53▲

2024 · 0.40

Debt / equity

-5.82▲

2024 · -8.12

ROE

36.8%▼

2024 · 260.2%

ROA

-7.4%▲

2024 · -35.2%

Interest coverage

2.05▲

2024 · -4.36

Debt

€227k▲

2024 · €201k

Debt ≤ 1 year

€96k▲

2024 · €58k

Debt > 1 year

€131k▼

2024 · €142k

Income taxes

€11k▲

2024 · €353

Staff costs

€35k▲

2024 · €22k

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€182k€195k▲

Fixed assets21/28€157k€142k▼

Tangible fixed assets22/27€147k€132k▼

Plant, machinery and equipment23€143k€129k▼

Furniture and vehicles24€3k€2k▼

Financial fixed assets28€10k€10k=

Current assets29/58€26k€53k▲

Stocks and contracts in progress3€2k€2k▼

Stocks30/36€2k€2k▼

Amounts receivable within one year40/41€22k€48k▲

Trade receivables40€20k€46k▲

Other amounts receivable41€2k€2k▼

Cash at bank and in hand54/58€1k€2k▲

Deferred charges and accrued income490/1€319€582▲

Equity and liabilities

Total equity and liabilities10/49€182k€195k▲

Equity10/15€-25k€-39k▼

Contributions10/11€6k€6k=

Reserves13€27k€25k▼

Tax-exempt reserves132€27k€25k▼

Profit (loss) carried forward14€-58k€-71k▼

Provisions and deferred taxes16€7k€6k▼

Deferred taxes168€7k€6k▼

Amounts payable17/49€201k€227k▲

Amounts payable after more than one year17€142k€131k▼

Financial debts170/4€142k€131k▼

Amounts payable within one year42/48€58k€96k▲

Current portion of amounts payable after more than one year42€10k€11k▲

Financial debts43€3k€7k▲

Credit institutions430/8€3k€7k▲

Trade debts44€9k€32k▲

Suppliers440/4€9k€32k▲

Taxes, remuneration and social security45€24k€32k▲

Taxes450/3€20k€24k▲

Remuneration and social security454/9€4k€9k▲

Other amounts payable47/48€12k€13k▲

Income statement Code20242025

Remuneration, social security and pensions62€22k€35k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲

Other operating charges640/8€1k€759▼

Non-recurring operating charges66A€5k€247▼

Gross operating margin9900€-14k€59k▲

Operating profit (loss)9901€-55k€8k▲

Financial income75/76B€83€169▲

Recurring financial income75€83€169▲

Financial charges65/66B€10k€11k▲

Recurring financial charges65€10k€11k▲

Profit (loss) for the period before taxes9903€-64k€-3k▲

Transfer from deferred taxes780€281€281=

Income taxes67/77€353€11k▲

Profit (loss) for the period9904€-64k€-14k▲

Transfer from tax-exempt reserves789€1k€1k=

Profit (loss) for the period to be appropriated9905€-63k€-13k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-58k€-71k▼

Profit (loss) brought forward from the previous period14P€6k€-58k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 29 days late

2025

22-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 22 days late

2024

31-12

Financial Weakest financial yearnet €-64k ▼834%

Net result drops to €-64k, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

2022

14-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 75 days late

2021

31-12

Financial Highest result since 2018net €71k ▲609%

Operating result €90k, net result €71k, both a record.

31-12

Financial Liquidity quadruplescurrent ratio 1.35

Current ratio from 0.32 to 1.35; short-term debt falls from €71k to €63k.

19-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

29-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Back to profitnet €19k

Net result €19k after one loss-making year.

14-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 14 days late

2018

22-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 31 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, Herve · 3 establishment units since 2000

establishment approximate All 3 establishment units on the map

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.

Es Bosse 24650 Herve

Ground area

2,648 m²

Building footprint

426 m²

Volume, LiDAR

3,595 m³

4 parcels, Wallonia · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.

3 establishment units

Rue Pepin 19, 4860 Pepinster

NACE 9301101

since 20002.094.164.870

AZUR SHOP

Rue Hubert Halet 24, 4860 PepinsterRetail trade

since 20102.192.700.242

AZUR SHOP

Chaussée de Heusy 234, 4800 VerviersRetail trade

since 20102.192.700.143

4 parcels

Wallonia 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63014A0275/00R000	Wallonia	2,203 m²	1 · 222 m²	10.3 m · 2 fl.
63079D0415/00B012	Wallonia	244 m²	1 · 70 m²	15.2 m · 5 fl.
63058B0213/00E000	Wallonia	134 m²	1 · 77 m²	8.2 m · 2 fl.
63452C0342/00D000	Wallonia	67 m²	1 · 57 m²	11.8 m · 3 fl.