AZ Vastgoed
ActiveAZ Vastgoed has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €6k. Equity is shrinking by ~42.4% per year across the filed fiscal years. Its solvency ranks better than 12% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-21
Solvency29▼-32
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 31662 sector peers (2025).
NBB · sector comparisonPosition among 31662 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 d early
2024
34 d early
2023
33 d early
2022
8 d late
2021
30 d early
2020
8 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 93.3%
2024 · €44k
2020: €72k
2021: €158k
2022: €269k
2023: €52k
2024: €44k
2020 → 2025
Total assets
€81k▼ 33.5%
2024 · €122k
2020: €115k
2021: €194k
2022: €337k
2023: €201k
2024: €122k
2020 → 2025
Net result
€6k▼ 84.7%
2024 · €42k
2020: €70k
2021: €86k
2022: €111k
2023: €24k
2024: €42k
2020 → 2025
Working capital
€-5k
2024 · €15k
2020: €70k
2021: €143k
2022: €257k
2023: €6k
2024: €15k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€158k-€269k▲ 70.4%€52k▼ 80.5%€44k▼ 14.9%€3k▼ 93.3%
Operating result€110k-€140k▲ 27.4%€33k▼ 76.4%€48k▲ 46.4%€10k▼ 80.2%
Net result€86k-€111k▲ 28.8%€24k▼ 78.7%€42k▲ 78.4%€6k▼ 84.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€9k▼ 68.7%
Current assets
€72k▼ 22.1%
Equity and liabilities €81k
Equity
€3k▼ 93.3%
Debt
€78k▲ 0.8%
The debt ratio rises from 63.6% to 96.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €71k
Cash flow
€30k▼
2024 · €65k
Solvency
3.6%▼
2024 · 36.4%
Current ratio
0.94▼
2024 · 1.19
Quick ratio
0.94▼
2024 · 1.19
Debt / equity
26.47▲
2024 · 1.75
ROE
218.2%▲
2024 · 94.8%
ROA
7.9%▼
2024 · 34.5%
Interest coverage
17.36▼
2024 · 1629.46
Debt
€78k▲
2024 · €78k
Debt ≤ 1 year
€77k▼
2024 · €78k
Income taxes
€1k▼
2024 · €15k
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€122k€81k▼
Fixed assets21/28€30k€9k▼
Tangible fixed assets22/27€30k€9k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€25k€3k▼
Current assets29/58€93k€72k▼
Amounts receivable within one year40/41€63k€58k▼
Trade receivables40€24k€20k▼
Other amounts receivable41€39k€38k▼
Cash at bank and in hand54/58€28k€13k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€122k€81k▼
Equity10/15€44k€3k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€42k€962▼
Amounts payable17/49€78k€78k▲
Amounts payable within one year42/48€78k€77k▼
Trade debts44€567€1k▲
Suppliers440/4€567€1k▲
Taxes, remuneration and social security45-€497
Taxes450/3-€497
Other amounts payable47/48€77k€75k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€904€689▼
Gross operating margin9900€72k€33k▼
Operating profit (loss)9901€48k€10k▼
Financial income75/76B€8k-
Recurring financial income75€8k-
Financial charges65/66B€44€2k▲
Recurring financial charges65€44€2k▲
Profit (loss) for the period before taxes9903€57k€8k▼
Income taxes67/77€15k€1k▼
Profit (loss) for the period9904€42k€6k▼
Profit (loss) for the period to be appropriated9905€42k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€49k▼
Profit (loss) brought forward from the previous period14P€50k€42k▼
Profit to be distributed694/7€50k€48k▼
Return on contributions (dividend)694€50k€48k▼
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €6k ▼84.7%
Net result drops to €6k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial
Highest result since 2020net €111k ▲28.8%
Operating result €140k, net result €111k, both a record.
31-12
Financial
Equity above €200kEq €269k ▲70.4%
3 profitable years in a row build equity to €269k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €158k ▲120%
2 profitable years in a row build equity to €158k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mortsel · 1 establishment unit since 2020
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.
Van Dijckstraat 752640 MortselGround area
256 m²
Building footprint
83 m²
Volume, LiDAR
713 m³
Parcel 11513C0438/00C005, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AZ Vastgoed
since 20202.298.692.241
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0438/00C005 | Flanders | 256 m² | 1 · 83 m² | 11.0 m · 3 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 11,118 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.