AZZAN
A bankruptcy procedure is open for AZZAN according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2024 annual accounts show negative equity (€-4k) and a net result of €-19k.
| Equity | €-4k |
| Net result | €-19k |
| Better than sector | 9% |
| Active | 3 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -29.3% | 50.1% | |
| Net result | €-19k | €12k | |
| Equity | €-4k | €32k | |
| Gross operating margin | €-13k | €28k | |
| Total assets | €13k | €74k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-14k |
| Net profit | €-19k |
| Cash flow | €-14k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €13k |
| Equity | €-4k |
| Debt | €17k |
| of which ≤ 1y | €17k |
| of which > 1y | - |
| Working capital | €-11k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.37 |
| Quick ratio | 0.37 |
| Working capital ratio | -81.2% |
| Solvency | -29.3% |
| Debt / equity | -4.41 |
| Long-term debt ratio | - |
| Interest coverage | -192.94 |
| Gross margin | - |
| Net margin | - |
| ROA | -139.5% |
| ROE | 475.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €13k |
| Fixed assets | 21/28 | €6k |
| Formation expenses | 20 | €627 |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €6k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €1 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €13k |
| Equity | 10/15 | €-4k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-5k |
| Amounts payable | 17/49 | €17k |
| Amounts payable within one year | 42/48 | €17k |
| Trade debts payable within one year | 44 | €309 |
| Income statement | ||
| Gross operating margin | 9900 | €-13k |
| Operating result | 9901 | €-19k |
| Financial charges | 65 | €72 |
| Result before taxes | 9903 | €-19k |
| Net result for the period | 9904 | €-19k |
| Result to be appropriated | 9905 | €-19k |
-
Current19-01-2026 → present
Former directors (1)
-
Former23-12-2025 → 19-01-2026
2 events
- 19-01-2026 Resigned· Director
- 23-12-2025 Appointed· Director
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JASPER BAERT DRUKKERIJSTRAAT 11, 9240 ZELE- |
08-04-2026 → present | Belgian State Gazette |
| NACE primary | Activiteiten van vertalers(74301) |
| Legal form | Private limited company(610) |
| Incorporation | 07-09-2022 |
| Status | Active |
| Postal code | 9300 |
| First BS signal | 15-12-2025 |
| Latest BS signal | 08-04-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002B0474/00R002 | Flanders | 1,151 m² | 1 · 180 m² | 18.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 15-12-2025 to 08-04-2026.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-01-2026 1 director appointed, 1 resigning
- AHMADZAI Mashal, Bestuurder
- GOGU Iona Cosmia, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "GOGU Iona Cosmia",
"address": null,
"birth_date": null
},
"evidence_quote": "Mevrouw Gogu lona Cosmia wordt ontslagen als bestuurder, er wordt kwijting gegeven voor zijn beheer tot op heden.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "AHMADZAI Mashal",
"address": null,
"birth_date": null
},
"evidence_quote": "Na overdraagt van aandelen Mijnheer Ahmadzai Mashal bezit 100 sociale aandelen Bestuurder Ahmadzai Mashal"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0790.547.723",
"name_full": "AZZAN",
"legal_form": "BV"
}
}23-12-2025 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2025-12-04",
"evidence_quote": "Mijnheer Ahmadzai Mashal draagt 50 aandelen aan Mevrouw Gogu lona Cosmia die aanvaardt.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0790.547.723",
"name_full": "AZZAN",
"legal_form": "BV"
}
}09-09-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9300 Aalst, Parklaan, 48/A004",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-08-24",
"name": "AHMADZAI Mashal Khan",
"niss": null,
"address": "9300 Aalst, Parklaan, 48/A004"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1200,
"holder_person_name": "AHMADZAI Mashal Khan",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 1200,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1200,
"subject_company": {
"kbo": "0790.547.723",
"name_full": "AZZAN",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-09-02",
"post_incorporation_mandates": []
}| Legal nameNL | AZZAN |