FAZAL
ActiveSummary
The computed 12-month bankruptcy probability of FAZAL is 1.8% (moderate). The 2024 annual accounts show equity of €49k and a net result of €9k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 26043 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability50▲+3
Solvency51▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.34 against 1.31 in 2023; short-term debt: 73.7% and cash: 12.6% of total assets), and 73.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
26.3%
Return on assets
4.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
89 d late
2022
70 d late
2021
94 d late
2020
145 d late
2019
6 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€49k▲ 22.4%
2023 · €40k
Total assets
€185k▲ 8.5%
2023 · €170k
Net result
€9k
2023 · €-460
Working capital
€47k▲ 17.8%
2023 · €40k
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
Line20202021202220232024
Operating result€13k▲ 51.8%€5k▼ 63.3%€6k▲ 34.9%€4k▼ 36.5%€15k▲ 269%
Net result€2k▲ 25.3%€783▼ 68.3%€458▼ 41.4%€-460€9k
Equity€39k▲ 6.8%€40k▲ 2.0%€40k▲ 1.2%€40k▼ 1.1%€49k▲ 22.4%
Total assets€164k▲ 50.6%€117k▼ 28.2%€121k▲ 3.0%€170k▲ 41.0%€185k▲ 8.5%
Debt€125k▲ 72.8%€78k▼ 37.7%€81k▲ 3.9%€131k▲ 61.9%€136k▲ 4.3%
Working capital€21k▲ 37.7%€37k▲ 75.3%€41k▲ 12.2%€40k▼ 3.4%€47k▲ 17.8%
Staff (FTE)1.73▲ 76.5%2.1▼ 30.0%3▲ 42.9%2.2▼ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 269% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €185k
Fixed assets
€2k =
Current assets
€183k ▲ 8.6%
Equity and liabilities €185k
Equity
€49k ▲ 22.4%
Debt
€136k ▲ 4.3%
Debt's share of the balance-sheet total falls from 76.7% to 73.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.34▲
2023 · 1.31
Quick ratio
0.26▲
2023 · 0.16
Debt to equity
2.80▼
2023 · 3.29
ROE
18.3%▲
2023 · -1.2%
ROA
4.8%▲
2023 · -0.3%
Debt ≤ 1 year
€136k▲
2023 · €129k
Income taxes
€3k▲
2023 · €2k
Staff costs
€25k▼
2023 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €46k | €25k | €42k | €25k | ▼ 40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €15k | €15k | €6k | - | - |
| Other operating charges640/8 | - | €5k | €7k | €17k | €7k | ▼ 57.3% |
| Gross operating margin9900 | €73k | €71k | €54k | €69k | €47k | ▼ 31.6% |
| Operating profit (loss)9901 | €13k | €5k | €6k | €4k | €15k | ▲ 269% |
| Financial income75/76B | - | €1 | - | €139 | - | - |
| Recurring financial income75 | €0 | €1 | - | €139 | - | - |
| Financial charges65/66B | - | €3k | €5k | €3k | €3k | ▲ 8.8% |
| Recurring financial charges65 | €8k | €3k | €5k | €3k | €3k | ▲ 8.8% |
| Profit (loss) for the period before taxes9903 | €5k | €2k | €1k | €1k | €12k | ▲ 909% |
| Income taxes67/77 | €2k | €1k | €999 | €2k | €3k | ▲ 72.5% |
| Profit (loss) for the period9904 | €2k | €783 | €458 | €-460 | €9k | ▲ 2,035% |
| Profit (loss) for the period to be appropriated9905 | €2k | €783 | €458 | €-460 | €9k | ▲ 2,035% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €164k | €117k | €121k | €170k | €185k | ▲ 8.5% |
| Fixed assets21/28 | €39k | €24k | €8k | €2k | €2k | = |
| Tangible fixed assets22/27 | €37k | €22k | €6k | - | - | - |
| Plant, machinery and equipment23 | - | €200 | - | - | - | - |
| Furniture and vehicles24 | - | €22k | €6k | - | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €125k | €94k | €113k | €169k | €183k | ▲ 8.6% |
| Stocks and contracts in progress3 | €35k | €45k | €81k | €148k | €148k | ▲ 0.1% |
| Stocks30/36 | - | €45k | €81k | €148k | €148k | ▲ 0.1% |
| Amounts receivable within one year40/41 | €75k | €20k | €18k | €20k | €11k | ▼ 43.9% |
| Trade receivables40 | - | €4k | - | €14k | €10k | ▼ 29.9% |
| Other amounts receivable41 | - | €16k | €18k | €6k | €2k | ▼ 73.5% |
| Cash at bank and in hand54/58 | €15k | €30k | €13k | €103 | €23k | ▲ 22,629% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €164k | €117k | €121k | €170k | €185k | ▲ 8.5% |
| Equity10/15 | €39k | €40k | €40k | €40k | €49k | ▲ 22.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €19k | €19k | €20k | €19k | €28k | ▲ 46.1% |
| Amounts payable17/49 | €125k | €78k | €81k | €131k | €136k | ▲ 4.3% |
| Amounts payable after more than one year17 | €21k | €20k | €9k | €2k | - | - |
| Financial debts170/4 | - | €20k | €9k | €2k | - | - |
| Amounts payable within one year42/48 | €104k | €57k | €72k | €129k | €136k | ▲ 5.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €2k | - |
| Financial debts43 | - | €14k | €14k | €17k | €3k | ▼ 84.3% |
| Credit institutions430/8 | - | €14k | €14k | €17k | €3k | ▼ 84.3% |
| Trade debts44 | €80k | €30k | €53k | €57k | €104k | ▲ 83.3% |
| Suppliers440/4 | - | €30k | €53k | €57k | €104k | ▲ 83.3% |
| Taxes, remuneration and social security45 | - | €13k | €5k | €10k | €20k | ▲ 95.5% |
| Taxes450/3 | - | €3k | €999 | €2k | €9k | ▲ 487% |
| Remuneration and social security454/9 | - | €11k | €4k | €9k | €11k | ▲ 23.8% |
| Other amounts payable47/48 | - | - | - | €44k | €7k | ▼ 84.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €783 | €458 | €-460 | €9k | ▲ 2,035% |
| + Depreciation and write-downs630 | €11k | €15k | €15k | €6k | - | - |
| Operating cash flow (approximation) | €14k | €16k | €16k | €6k | €9k | ▲ 50.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €15k | €-17k | €-13k | €23k | ▲ 278% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
31-12
Financial
Weakest financial yearnet €-460
Net result drops to €-460, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Antwerpen · 6 establishment units since 2004
Ground area
2,584 m²
Building footprint
1,104 m²
Volume, LiDAR
7,704 m³
5 parcels, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
6 establishment units
Fazal
since 20042.135.397.788
FAZAL
since 20052.148.072.225
NACHTWINKEL
since 20092.179.030.863
FAZAL
since 20162.254.141.428
punt komma
since 20182.277.677.091
Liersesteenweg 253, 2220 Heist-op-den-Berg
since 20182.279.322.331
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0214/00C004 | Flanders | 1,108 m² | 1 · 249 m² | 7.4 m · 1 fl. |
| 11028A0150/00D003 | Flanders | 463 m² | 1 · 346 m² | 17.3 m · 5 fl. |
| 11025D0173/00W007 | Flanders | 427 m² | 1 · 177 m² | 11.6 m · 2 fl. |
| 11021A0244/00F006 | Flanders | 347 m² | 1 · 191 m² | 10.1 m · 3 fl. |
| 11021A0244/00M006 | Flanders | 239 m² | 1 · 141 m² | 11.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
6 sitesAntwerpen2.135.397.788
Antwerpen2.254.141.428
Heist-op-den-Berg2.279.322.331
Hove2.148.072.225
Show 2 more sites
Hove2.277.677.091
Lint2.179.030.863
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Of 10,506 companies in sector 47110 we hold annual accounts for 5,849. 4,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-07-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.