DAZ
InactiveDAZ was declared bankrupt on 21-11-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-09-2025, published in the Belgian State Gazette on 23-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 18-11-2022, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
110 d late
2020
54 d late
2019
215 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2021, abbreviated schema
Equity
€-16k
2020 · €12k
Total assets
€130k▼ 37.1%
2020 · €207k
Net result
€-28k
2020 · €9k
Working capital
€-49k▼ 146%
2020 · €-20k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€-17k-€1k€9k▲ 513%€-27k
Net result€-17k-€1k€9k▲ 534%€-28k
Equity€2k-€3k▲ 82.4%€12k▲ 286%€-16k
Total assets€56k-€127k▲ 126%€207k▲ 62.6%€130k▼ 37.1%
Debt€55k-€124k▲ 128%€195k▲ 57.1%€146k▼ 25.3%
Working capital€-18k-€-39k▼ 120%€-20k▲ 49.5%€-49k▼ 146%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €27k after €9k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €130k
Fixed assets
€33k ▲ 4.6%
Current assets
€97k ▼ 44.7%
Key figures and ratios
EBITDA
€-14k▼
2020 · €22k
Cash flow
€-14k▼
2020 · €21k
Solvency
-12.0%▼
2020 · 5.8%
Current ratio
0.66▼
2020 · 0.90
Quick ratio
0.62▼
2020 · 0.86
Debt to equity
-9.35
ROA
-21.2%▼
2020 · 4.3%
Interest coverage
-108.81
Debt ≤ 1 year
€146k▼
2020 · €195k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €89k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €12k | €12k | €14k | ▲ 11.2% |
| Gross operating margin9900 | €-8k | €19k | €23k | €-14k | ▼ 160% |
| Operating profit (loss)9901 | €-17k | €1k | €9k | €-27k | ▼ 404% |
| Recurring financial income75 | €170 | - | - | - | - |
| Financial charges65/66B | - | - | - | €125 | - |
| Recurring financial charges65 | €516 | €72 | €147 | €125 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €-17k | €1k | €9k | €-28k | ▼ 410% |
| Profit (loss) for the period9904 | €-17k | €1k | €9k | €-28k | ▼ 410% |
| Profit (loss) for the period to be appropriated9905 | €-17k | €1k | €9k | €-28k | ▼ 410% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €56k | €127k | €207k | €130k | ▼ 37.1% |
| Fixed assets21/28 | €20k | €42k | €32k | €33k | ▲ 4.6% |
| Tangible fixed assets22/27 | €20k | €42k | €32k | €33k | ▲ 4.6% |
| Land and buildings22 | - | - | - | €965 | - |
| Plant, machinery and equipment23 | - | - | - | €5k | - |
| Furniture and vehicles24 | - | - | - | €27k | - |
| Current assets29/58 | €37k | €85k | €175k | €97k | ▼ 44.7% |
| Stocks and contracts in progress3 | €10k | €9k | €7k | €7k | ▲ 3.8% |
| Stocks30/36 | - | - | - | €7k | - |
| Amounts receivable within one year40/41 | €26k | €76k | €162k | €90k | ▼ 44.5% |
| Trade receivables40 | - | - | - | €85k | - |
| Other amounts receivable41 | - | - | - | €5k | - |
| Cash at bank and in hand54/58 | €34 | €45 | €7k | €80 | ▼ 98.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €56k | €127k | €207k | €130k | ▼ 37.1% |
| Equity10/15 | €2k | €3k | €12k | €-16k | ▼ 230% |
| Contributions10/11 | €6k | €6k | €6k | €6k | = |
| Capital10 | - | - | - | €6k | - |
| Issued capital100 | - | - | - | €6k | - |
| Profit (loss) carried forward14 | €-5k | €-3k | €6k | €-22k | ▼ 484% |
| Amounts payable17/49 | €55k | €124k | €195k | €146k | ▼ 25.3% |
| Amounts payable within one year42/48 | €55k | €124k | €195k | €146k | ▼ 25.3% |
| Trade debts44 | €55k | €69k | €98k | €35k | ▼ 63.9% |
| Suppliers440/4 | - | - | - | €35k | - |
| Other amounts payable47/48 | - | - | - | €111k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-17k | €1k | €9k | €-28k | ▼ 410% |
| + Depreciation and write-downs630 | €5k | €12k | €12k | €14k | ▲ 11.2% |
| Operating cash flow (approximation) | €-12k | €13k | €21k | €-14k | ▼ 164% |
| Investment in fixed assets (approximation) | - | €-35k | €-2k | €-15k | ▼ 712% |
| Change in cash | - | €12 | €7k | €-7k | ▼ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
23-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-09-2025
12-05
KBO administration
Address struck
2024
02-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-11-2024
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 110 days late
2021
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 54 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 215 days late
2020
31-12
Financial
Highest result since 2018net €9k ▲534%
Operating result €9k, net result €9k, both a record.
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 127 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 50 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTIAAN HENDRICKX CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
21-11-2024 → 16-09-2025 |
Identification & contact
Identification
Legal formBV
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.