Active BE 0763.732.270Private limited company

FAZI GROUP

Louizalaan 480 ·1050 Brussel, Belgium· 5 yrs active

Sector: Handel in eigen onroerend goed (68110)

Conclusion Checked

The computed 12-month bankruptcy probability of FAZI GROUP is 1.5% (low). The 2025 annual accounts show equity of €133k and a net result of €-146k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 1360 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€133k
Net result	€-146k
Better than sector	46%
Active	5 yrs

Financial profile 5 of 5 axes measured · computed by Checked

39 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 22

Profitability 0

Solvency 28

Growth 52

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

1.5% Low

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate region +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

22 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 28-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	18.4%	22.9%	better than 46% of 1360 sector peers
Net result	€-146k	€10k	better than 5% of 1358 sector peers
Equity	€133k	€44k	better than 73% of 1361 sector peers
Gross operating margin	€-117k	€39k	better than 5% of 1358 sector peers
Staff costs	€26k	€20k	higher than 54% of 192 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-143k

- 22-25

Net profit

€-146k

- 22-25

Cash flow

€-144k

- 22-25

Total assets

€720k

-1.1% 22-25

Equity

€133k

-52.4% 22-25

Working capital

€97k

-65.3% 22-25

Staff costs

€26k

- 22-25

Income taxes

€238

-98.8% 22-25

Show 10 other metrics

Debt

€587k

+30.7% 22-25

Debt ≤ 1y

€529k

+18.3% 22-25

Debt > 1y

€58k

- 22-25

Current ratio

1.18

-27.3% 22-25

Quick ratio

0.77

+65.6% 22-25

Solvency

18.4%

-51.8% 22-25

Debt / equity

4.42

+174.5% 22-25

ROE

-110.0%

- 22-25

ROA

-20.3%

- 22-25

Interest coverage

-867.78

- 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€-143k
Net profit	€-146k
Cash flow	€-144k
Staff costs	€26k
Income taxes	€238
Dividends	-
Total assets	€720k
Equity	€133k
Debt	€587k
of which ≤ 1y	€529k
of which > 1y	€58k
Working capital	€97k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.18
Quick ratio	0.77
Working capital ratio	13.5%
Solvency	18.4%
Debt / equity	4.42
Long-term debt ratio	0.44
Interest coverage	-867.78
Gross margin	-
Net margin	-
ROA	-20.3%
ROE	-110.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €94k · 13.0% Current assets €626k · 87.0%

Equity & liabilities

Equity €133k · 18.4% Debt €587k · 81.6%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€720k
Fixed assets	21/28	€94k
Tangible fixed assets	22/27	€94k
Financial fixed assets	28	€246
Current assets	29/58	€626k
Stocks & contracts in progress	3	€220k
Amounts receivable within one year	40/41	€345k
Cash & bank	54/58	€58k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€720k
Equity	10/15	€133k
Contributions / capital	10/11	€50k
Accumulated profits (losses)	14	€83k
Amounts payable	17/49	€587k
Amounts payable after one year	17	€58k
Amounts payable within one year	42/48	€529k
Trade debts payable within one year	44	€372k
Income statement
Gross operating margin	9900	€-117k
Operating result	9901	€-146k
Financial income	75	€76
Financial charges	65	€165
Result before taxes	9903	€-146k
Income taxes	67/77	€238
Net result for the period	9904	€-146k
Result to be appropriated	9905	€-146k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 4 directors

Current directors & mandates

Helalouch Karim
Director
State Gazette act 24157468 (05-11-2024)

Current
10-10-2024 → present
Helalouch Mounir
Director
State Gazette act 24157468 (05-11-2024)

Current
10-10-2024 → present

Former directors (2)

Berragiy Jasmina
Director
State Gazette act 23076504 (13-06-2023)

Former
05-06-2023 → 10-10-2024
2 events
- 10-10-2024 Resigned· Director
- 05-06-2023 Appointed· Director
El Boussettati Said
Director
State Gazette act 23076504 (13-06-2023)

Former
- → 05-06-2023

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Handel in eigen onroerend goed(68110)
Legal form	Private limited company(610)
Incorporation	17-02-2021
Status	Active
Postal code	1050

Establishment units 1 location

FAZI GROUP

Louizalaan 480, 1050 ElseneHandel in eigen onroerend goed

since 20212.316.110.768

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21822R0227/00V003	Brussels	2,791 m²	1 · 1,235 m²	106.8 m · 30 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

28-01-2026

NBB filing Annual accounts filed

fiscal year 2025 · micro

2025

31-03-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

05-11-2024

State Gazette act Capital & shares

30-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

13-06-2023

State Gazette act Capital & shares

19-03-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

Belgian State Gazette reading coverage 0 of 3 acts read

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.

Belgisch Staatsblad, acts 2 acts

Capital history · 2

05-11-2024

Capital change

13-06-2023

Capital change

All acts · 2 updated 1 year ago

2024

05-11-2024 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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      "class_name": "Gewone Aandelen",
      "capital_share_eur": null,
      "voting_rights_per_share": null
    }
  ]
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2023

13-06-2023 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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      "paid_up_delta_eur": null,
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    "office_city": null,
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  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-06-05",
    "act_kind_objet": "Onderwerp akte: Ontslag en benoeming bestuurder - overdracht aandelen"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2023-05-08",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
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    "name_full": "Fazi Group",
    "legal_form": "B.V.",
    "is_foreign_registered": false
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  "publication_proxy": {
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  "co_filed_documents": [],
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203

Primary activity highlighted.

Names & trade names

Legal nameNL

FAZI GROUP

Registered office

Louizalaan 480

1050 Brussel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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