FIRDAUS AZAD
ActiveThe computed 12-month bankruptcy probability of FIRDAUS AZAD is 4.1% (elevated). The 2025 annual accounts show equity of €53k and a net result of €-443. Equity is growing by ~40% per year across the filed fiscal years. Its solvency ranks better than 55% of 13071 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency58▲+15
Growth78=
Stability94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 0.91 in 2024), and 64.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
35.6%
Return on assets
-0.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
57 d late
2023
29 d late
2022
25 d late
2021
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€414k
EBIT margin
-0.7%
Net result
€-443
2024 · €18k
2021: €-3k
2022: €3k
2023: €26k
2024: €18k
2021 → 2025
Working capital
€11k
2024 · €-12k
2021: €-58k
2022: €-59k
2023: €-46k
2024: €-12k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€414k-
Equity€7k-€10k▲ 37.6%€36k▲ 263%€53k▲ 48.7%€53k▼ 0.8%
Operating result€-3k-€3k€35k▲ 1,065%€27k▼ 23.6%€5k▼ 80.8%
Net result€-3k-€3k€26k▲ 863%€18k▼ 32.8%€-443
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 81% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€46k▼ 28.7%
Current assets
€102k▼ 14.7%
Equity and liabilities €149k
Equity
€53k▼ 0.8%
Debt
€96k▼ 27.3%
The debt ratio falls from 71.1% to 64.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€24k▼
2024 · €46k
Cash flow
€18k▼
2024 · €36k
Solvency
35.6%▲
2024 · 28.9%
Current ratio
1.12▲
2024 · 0.91
Quick ratio
1.12▲
2024 · 0.91
Debt / equity
1.81▼
2024 · 2.46
ROE
-0.8%▼
2024 · 32.7%
ROA
-0.3%▼
2024 · 9.5%
Interest coverage
3.76▲
2024 · -117668.21
Debt
€96k▼
2024 · €132k
Debt ≤ 1 year
€92k▼
2024 · €132k
Income taxes
€590▼
2024 · €10k
Staff costs
€397k▲
2024 · €309k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€185k€149k▼
Fixed assets21/28€65k€46k▼
Tangible fixed assets22/27€65k€46k▼
Plant, machinery and equipment23€50k€33k▼
Furniture and vehicles24€13k€11k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€120k€102k▼
Amounts receivable within one year40/41€39k€40k▲
Other amounts receivable41€39k€40k▲
Cash at bank and in hand54/58€81k€62k▼
Equity and liabilities
Total equity and liabilities10/49€185k€149k▼
Equity10/15€53k€53k▼
Contributions10/11€10k€10k=
Reserves13€44k€44k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€-96€-539▼
Amounts payable17/49€132k€96k▼
Amounts payable within one year42/48€132k€92k▼
Trade debts44€73k€45k▼
Suppliers440/4€73k€45k▼
Taxes, remuneration and social security45€58k€47k▼
Taxes450/3€58k€35k▼
Remuneration and social security454/9-€12k
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Non-recurring operating income76A-€110
Remuneration, social security and pensions62€309k€397k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€362k€423k▲
Operating profit (loss)9901€27k€5k▼
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€0€6k▲
Recurring financial charges65€0€6k▲
Profit (loss) for the period before taxes9903€27k€147▼
Income taxes67/77€10k€590▼
Profit (loss) for the period9904€18k€-443▼
Profit (loss) for the period to be appropriated9905€18k€-443▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-539▼
Profit (loss) brought forward from the previous period14P€-96€-96=
Transfer to equity691/2€18k€0▼
To other reserves6921€18k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2021net €26k ▲863%
Operating result €35k, net result €26k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leuven · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Monseigneur Ladeuzeplein 323000 LeuvenGround area
202 m²
Building footprint
202 m²
Volume, LiDAR
1,674 m³
Parcel 24502B0730/00G000, Flanders · tallest building 17.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIRDAUS AZAD
since 20212.314.388.623
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0730/00G000 | Flanders | 202 m² | 1 · 202 m² | 17.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyLeuven2.314.388.623
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DE PREMIEJAGERS
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Baron Casier
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Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,715 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.