IMMO AZUR

Active

Public limited companyfounded 2004active for 21 yearsRivage de Boubier 25, 6200 Châtelet, Belgium15 active companies are registered at this addressKBO/BCE: BE 0869.804.938

Summary

IMMO AZUR has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.9m) and a net result of -€61,405. Equity is shrinking by about 6% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

IMMO AZURActiveChecked score 54/100

Risk analysis Report Compare

Activity

Activity not known

Size

€120,000turnover 2025

Equity: -€1.9m
Loss: -€61,405

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Structure

Parent: COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES · 100%

Aurore GrosjeanDirector
Maxime GrosjeanDirector

2025 accounts 32 days early1 of 4 deeds summarised

Why 54raises riskCapped at 59: negative equityNegative equity -€1.9mNo registered site in the KBOlowers riskSize: turnover €120,000, total assets €1.7mLegal form: public limited companyShow the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 28% of its sector peers (no NACE code, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -111.6% of total assets

Liquidity 8+3

short-term debt 211.6% · cash 6.6%

Profitability 76=

return on assets -3.5%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 1.1%▲ +0.2 percentage points vs 12-2024highest value 02-2025: 0.6%▼ -0.5 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%▼ -0.2 percentage points vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.6%● unchanged vs 03-2026lowest value 05-2026: 0.6%● unchanged vs 04-2026lowest value 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.03, compared with 0.02 in 2024, below 1; short-term debt: 211.6% and cash: 6.6% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 5% on solvency, 8% on liquidity, 59% on profitability and 41% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

Size: turnover €120,000, total assets €1.7m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Negative equity -€1.9m

NBB · annual accounts

No registered site in the KBO

KBO · seat and establishments

Legal form: public limited company

KBO

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€1.9m

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

32 days early

2024

24 days early

2023

23 days early

2022

48 days early

2021

41 days early

2020

48 days early

2019

45 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 December (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end26-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

07-10-2026 Appointment: COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES…Reappointments: Aurore Grosjean (director) and…
30-12-2025 Annual accounts filedfinancial year 2025 · full…
07-01-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€1.9m View
Risk: 7 loss-making years in a rowloss financial year 2025 -€61,405 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by COMPAGNIE BELGE DE PARTICIPATIONS… 100% View
New directorlatest change 23-09-2026 · 2 in office 1 joined View

By topic

Financials

Financial year: 2025
Turnover: €120,000
Loss: -€61,405
Solvency: -111.6%

Turnover=

Net result

20192025

Go to Financials

Board & ownership

Board: 2 members
Parent: COMPAGNIE BELGE DE PARTICIPATIONS… · 100%

Aurore GrosjeanDirector
Maxime GrosjeanDirector

Go to Board & ownership

Network & group

Connected companies: 8

Go to Network & group

Timeline

Events: 23
Since: 2006
Next accounts: by 31-01-2027

08-01-2024Annual accounts filed
14-12-2022Annual accounts filed
21-12-2021Annual accounts filed

Go to Timeline

Company details

Legal form: Public limited company
Founded: 03-11-2004
Year ends: 30-06
Peppol: Not found in the Peppol directory

Go to Company details

Key facts about IMMO AZUR

What is the company number of IMMO AZUR?: 0869.804.938. In Belgium the VAT number is the company number with BE in front: BE 0869.804.938.
Where is IMMO AZUR based?: The registered office is at Rivage de Boubier 25, 6200 Châtelet.Company details
What is the legal form of IMMO AZUR?: Public limited company (NV).
When was IMMO AZUR founded?: On 03-11-2004.
Is IMMO AZUR still active?: Yes, IMMO AZUR is an active enterprise in the KBO register.
What is the turnover of IMMO AZUR?: €120,000 in financial year 2025, according to the filed annual accounts.Financials
Is IMMO AZUR profitable?: In financial year 2025, IMMO AZUR made a loss of €61,405.
Where can I find the annual accounts of IMMO AZUR?: IMMO AZUR filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IMMO AZUR due?: By 31-01-2027, for financial year 2026.Timeline