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GROUP AZ-CONSTRUCT

Active Risk: moderate
Private limited company (pre-2019)founded 2007active for 19 yearsKBO/BCE: BE 0889.671.429
Summary

The computed 12-month bankruptcy probability of GROUP AZ-CONSTRUCT is 2.5% (moderate). The 2025 annual accounts show equity of €355,111. Equity remains stable across the filed financial years (±0% per year). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (55 days) Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00521939.

Equity
€355,111=
2024 · €355,111
Total assets
€619,072=
2024 · €619,072
Net result
-€99,472▼ 93.5%
2018 · -€51,404
Working capital
€355,111=
2024 · €355,111
Trend over the years

2020 to 2025, 5 financial years 2018 to 2025, 7 financial years

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.09m 2019 Net result-€0.1m 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202320242025
Operating result€0.2m--€0.09m
Net result-€0.05m--€0.1m▼ 93.5%
Equity€0.5m-€0.4m▼ 21.9%€0.4m=€0.4m=€0.4m-€0.4m=€0.4m=
Total assets€1.9m-€0.8m▼ 56.8%€0.6m▼ 23.1%€0.6m=€0.6m-€0.6m=€0.6m=
Debt€1.4m-€0.4m▼ 68.1%€0.3m▼ 41.3%€0.3m=€0.3m-€0.3m=€0.3m=
Working capital€0.5m-€0.4m▼ 22.0%€0.4m▲ 1.0%€0.4m=€0.4m-€0.4m=€0.4m=
Staff (FTE)7-6.7▼ 4.3%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €619,072
Equity €355,111 =
Debt €263,961 =
Debt's share of the balance-sheet total stays at 42.6%.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.35=
2024 · 2.35
Debt to equity
0.74=
2024 · 0.74
Debt ≤ 1 year
€263,961=
2024 · €263,961
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 21 lines
Balance sheet Code20242025
Assets
Total assets20/58€619,072€619,072=
Current assets29/58€619,072€619,072=
Amounts receivable within one year40/41€619,072€619,072=
Other amounts receivable41€619,072€619,072=
Equity and liabilities
Total equity and liabilities10/49€619,072€619,072=
Equity10/15€355,111€355,111=
Contributions10/11€30,800€30,800=
Capital10€30,800€30,800=
Issued capital100€30,800€30,800=
Reserves13€52,672€52,672=
Non-distributable reserves130/1€3,080€3,080=
Legal reserve130€3,080€3,080=
Tax-exempt reserves132€49,592€49,592=
Profit (loss) carried forward14€271,639€271,639=
Amounts payable17/49€263,961€263,961=
Amounts payable within one year42/48€263,961€263,961=
Trade debts44€3,888€3,888=
Suppliers440/4€3,888€3,888=
Other amounts payable47/48€260,073€260,073=
Income statement Code20242025
Appropriation of the result
Profit (loss) to be appropriated9906€271,639€271,639=
Profit (loss) brought forward from the previous period14P€271,639€271,639=
Line2018201920202021202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€291€291------
Gross operating margin9900€452,655€178,955------
Operating profit (loss)9901€172,271-€91,214------
Recurring financial income75€0-------
Recurring financial charges65€16,430€5,138------
Profit (loss) for the period before taxes9903€155,841-€96,352------
Income taxes67/77€207,245€3,120------
Profit (loss) for the period9904-€51,404-€99,472------
Profit (loss) for the period to be appropriated9905-€51,404-€99,472------
Line2018201920202021202320242025Change
Assets
Total assets20/58€1.9m€0.8m€0.6m€0.6m€0.6m€0.6m€0.6m=
Fixed assets21/28€0.004m€0.003m------
Tangible fixed assets22/27€0.001m€0.001m------
Financial fixed assets28€0.003m€0.003m------
Current assets29/58€1.9m€0.8m€0.6m€0.6m€0.6m€0.6m€0.6m=
Amounts receivable within one year40/41€1.7m€0.8m€0.6m€0.6m€0.6m€0.6m€0.6m=
Other amounts receivable41---€0.6m€0.6m€0.6m€0.6m=
Cash at bank and in hand54/58€0.1m€245------
Equity and liabilities
Total equity and liabilities10/49€1.9m€0.8m€0.6m€0.6m€0.6m€0.6m€0.6m=
Equity10/15€0.5m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m=
Contributions10/11€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Capital10---€0.03m€0.03m€0.03m€0.03m=
Issued capital100---€0.03m€0.03m€0.03m€0.03m=
Reserves13€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m=
Non-distributable reserves130/1---€0.003m€0.003m€0.003m€0.003m=
Legal reserve130---€0.003m€0.003m€0.003m€0.003m=
Tax-exempt reserves132---€0.05m€0.05m€0.05m€0.05m=
Profit (loss) carried forward14€0.4m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Amounts payable17/49€1.4m€0.4m€0.3m€0.3m€0.3m€0.3m€0.3m=
Amounts payable within one year42/48€1.4m€0.4m€0.3m€0.3m€0.3m€0.3m€0.3m=
Trade debts44€0.5m€0.02m€0.004m€0.004m€0.004m€0.004m€0.004m=
Suppliers440/4---€0.004m€0.004m€0.004m€0.004m=
Other amounts payable47/48---€0.3m€0.3m€0.3m€0.3m=
Line2018201920202021202320242025Change
Profit (loss) for the period9904-€51,404-€99,472------
+ Depreciation and write-downs630€291€291------
Operating cash flow (approximation)-€51,113-€99,181------
Investment in fixed assets (approximation)-€0------
Change in cash--€133,309------

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-09-2026 2026-00521939
31-12-2024 micro format 29-08-2025 2025-00440176
31-12-2023 micro format 30-09-2024 2024-00479204
31-12-2021 micro format 30-08-2022 2022-20343476
31-12-2020 micro format 30-09-2021 2021-69600075
31-12-2019 micro format 26-11-2020 2020-72100006
31-12-2018 micro format 06-03-2020 2020-06400056
31-12-2017 abbreviated format 22-02-2019 2019-05700370
31-12-2016 abbreviated format 02-05-2018 2018-11700364
31-12-2015 abbreviated format 14-06-2017 2017-17700140

Show all 17 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.