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AZZ-R

Active Private limited companyfounded 2015active for 11 yearsd'Aumalestraat 108, 1070 AnderlechtKBO/BCE: BE 0631.767.433

Lifetime

10 annual accounts with figures on one time axis
peak €54,437 (2020)
€40,074▼ 9.7%
lowest -€6,638 (2016)
€6,076▲ 44.1%
peak €56,612 (2025)
€56,612▲ 12.0%
€23,281▲ 6.2%
peak 1 FTE (2019)
-not published
Board2 names since 2024
Documentsfilings and deeds
12-08-202612 days late
2025micro format
Result from €4,216 to €6,076Equity from €50,537 to €56,612

Key points

from the 2025 annual accounts

Equity

€56,612 ▲ 12.0%

AZZ-R has made a profit without a break since 2019.

Turnover

≈ €380,000 estimated

The micro format states no turnover.

Filings

10 annual accounts 9 late
AprilJune31 JulyOctober20202025

The 2020 accounts came latest: 92 days after the end of the period.

Checked score

96
Excellent
Financially stronger than 69% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.1%▼ -0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

96+1equity 70.9% of total assets
88+1short-term debt 29.1% · cash 70.4%
57+5return on assets 7.6%

Score breakdown

raises risk
Size: total assets €79,893
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 3.43, cash €56,263
Equity €56,612 (70.9% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 81% of them on solvency, 90% on liquidity, 40% on profitability and 64% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as AZZ-R has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of AZZ-R itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for AZZ-R. 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.

Credit verdict

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.43 (3.31 in 2024), above the usual 1.5. Short-term debt is 29.1% and cash 70.4% of total assets. 29.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.43, cash €56,263
NBB · annual accounts
lowers risk · Equity €56,612 (70.9% of total assets)
NBB · annual accounts
raises risk · Size: total assets €79,893
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
12 days late
2024
21 days late
2023
2 days early
2022
59 days late
2021
61 days late
2020
92 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AH
Director
Board & ownership

Recent changes

Appointment: Azzouz Hanin (director) General meeting of 15-04-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0631767433
Change of role: EL BOUAZZATI El Hassan, from manager to director Director discharge: EL BOUAZZATI El Hassan · General meeting of 07-03-2024 · Gazette deed
First establishment d'Aumalestraat 108, Anderlecht
All 18 events

Comparable companies

same main activity, similar in size and age
Company
AZZ-R Anderlecht €79,893 €40,074 70.9% -
Ilicom Wommelgem €78,435 €35,627 67.1% -
AL HODA Anderlecht €92,733 €34,766 -80.9% -
DK CABS Molenbeek-Saint-Jean €76,218 €52,312 -0.6% -
MOUNTAKHAB Nivelles €67,380 €36,749 66.9% -
Boucherie De KEYSER Andenne €83,021 €41,583 38.7% -
HEIDI DELICATESSEN Heist-op-den-Berg €87,438 €38,878 51.9% -

These companies have the same main activity as AZZ-R: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €67,400 and €92,700, founded between 2011 and 2017.

Official details

Source: KBO
Status
Active since 04-06-2015Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultryNACE 47221
Establishment unit
2.245.835.7531070 Anderlecht, since 01-10-2015
Financial year end
31 December
Peppol
Reachable since 16-12-2025
Company details

Annual accounts 2025

€79,893▲ 10.3%
Filing
Filed on 12-08-2026
Financials

Insights on AZZ-R

AZZ-R files the micro format. That format states no turnover. The gross margin rose from €796 in 2016 to €40,074 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AZZ-R

What is the company number of AZZ-R?
The company number of AZZ-R is 0631.767.433. The VAT number is the same number with BE in front: BE 0631.767.433.
Where is AZZ-R based?
The registered office is at d'Aumalestraat 108, 1070 Anderlecht.Company details
What does AZZ-R do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of AZZ-R?
AZZ-R is a private limited company (BV).
When was AZZ-R founded?
AZZ-R was founded on 04-06-2015.
Is AZZ-R still active?
Yes, AZZ-R is an active enterprise in the KBO register.
How many employees does AZZ-R have?
AZZ-R had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of AZZ-R?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €40,074 and 48 comparable companies (NACE 472). It probably lies between €220,000 and €670,000.
Is AZZ-R profitable?
In financial year 2025, AZZ-R made a profit of €6,076.
Where can I find the annual accounts of AZZ-R?
AZZ-R filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AZZ-R due?
AZZ-R must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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