Naze

Active

Private limited companyfounded 201511 yrs activeBreydelstraat 2, 2018 Antwerpen, BelgiumKBO/BCE: BE 0636.768.970

The computed 12-month bankruptcy probability of Naze is 1.5% (moderate). The 2025 annual accounts show equity of €30k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 3539 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

86 / 100

Excellent= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency77▲+31

Growth68▼-4

Stability100

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 1.51 against 1.19 in 2024), but 56.6% of the assets are financed with debt.

How do we compute the score and the probability?

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

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

43.4%

Return on assets

18.2%

Age of the figures

8 mo

Growing equity

Equity grew over 2022-2025. Profits are largely retained rather than distributed.

NBB · annual accounts 2025

Equity per financial year

18192021222425

2018 to 2025 · latest year €30k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filings

Deviation from the deadline

2025

31 d late

2024

3 d early

2022

92 d late

2021

44 d early

2020

321 d late

2019

364 d late

2018

50 d late

← before the deadline after the deadline →

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 months

Position in the running window

07-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€301k▲ 156%

2020 · €117k

2018: €119k 2019: €152k 2020: €117k

2018 → 2022

EBIT margin

-7.7%▲ 3.6pp

2020 · -11.3%

2018: 4.1% 2019: -10.5% 2020: -11.3%

2018 → 2022

Net result

€13k▼ 58.7%

2024 · €31k

2018: €18k 2019: €2k 2020: €1k 2021: €10k 2022: €-23k 2024: €31k

2018 → 2025

Working capital

€20k▲ 125%

2024 · €9k

2018: €15k 2019: €11k 2020: €4k 2021: €16k 2022: €-8k 2024: €9k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220242025Trend

Turnover€117k-€301k

Equity€13k-€24k▲ 79.7%€78▼ 99.7%€17k▲ 22,366%€30k▲ 72.1%

Operating result€-13k-€11k€-23k€41k€33k▼ 20.5%

Net result€1k-€10k▲ 797%€-23k€31k€13k▼ 58.7%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 20% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €69k

16.6%

83.4%

Fixed assets €12k▲ 30.4%

Current assets €58k▲ 4.3%

Equity and liabilities €69k

43.4%

56.6%

Equity €30k▲ 72.1%

Debt €39k▼ 16.2%

The debt ratio falls from 72.8% to 56.6%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€43k▼

2024 · €47k

Cash flow

€22k▼

2024 · €36k

Solvency

43.4%▲

2024 · 27.2%

Current ratio

1.51▲

2024 · 1.19

Quick ratio

1.43▲

2024 · 1.13

Debt / equity

1.30▼

2024 · 2.67

ROE

41.9%▼

2024 · 174.8%

ROA

18.2%▼

2024 · 47.6%

Interest coverage

6.63▼

2024 · 8.44

Debt

€39k▼

2024 · €47k

Debt ≤ 1 year

€38k▼

2024 · €47k

Income taxes

€14k▲

2024 · €5k

Staff costs

€19k

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€64k€69k▲

Fixed assets21/28€9k€12k▲

Tangible fixed assets22/27€9k€11k▲

Plant, machinery and equipment23€7k€7k▲

Furniture and vehicles24€1k€4k▲

Financial fixed assets28€300€300=

Current assets29/58€55k€58k▲

Stocks and contracts in progress3€3k€3k▲

Stocks30/36€3k€3k▲

Amounts receivable within one year40/41€16k-

Trade receivables40€10k-

Other amounts receivable41€5k-

Cash at bank and in hand54/58€37k€55k▲

Equity and liabilities

Total equity and liabilities10/49€64k€69k▲

Equity10/15€17k€30k▲

Contributions10/11€1€1=

Outside capital11€1€1=

Other1109/19€1€1=

Profit (loss) carried forward14€17k€30k▲

Amounts payable17/49€47k€39k▼

Amounts payable within one year42/48€47k€38k▼

Trade debts44€15k€6k▼

Suppliers440/4€15k€6k▼

Taxes, remuneration and social security45€12k€13k▲

Taxes450/3€12k€10k▼

Remuneration and social security454/9-€3k

Other amounts payable47/48€20k€20k=

Accrued charges and deferred income492/3-€929

Income statement Code20242025

Remuneration, social security and pensions62-€19k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲

Other operating charges640/8€7k€5k▼

Gross operating margin9900€54k€67k▲

Operating profit (loss)9901€41k€33k▼

Financial income75/76B€211€41▼

Recurring financial income75€211€41▼

Financial charges65/66B€6k€6k▲

Recurring financial charges65€6k€6k▲

Profit (loss) for the period before taxes9903€36k€26k▼

Income taxes67/77€5k€14k▲

Profit (loss) for the period9904€31k€13k▼

Profit (loss) for the period to be appropriated9905€31k€13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€37k€30k▼

Profit (loss) brought forward from the previous period14P€7k€17k▲

Profit to be distributed694/7€20k-

Directors or managers695€20k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 2Filings 9

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

2025

28-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €31k

Net result €31k after one loss-making year.

2023

31-10

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 92 days late

2022

31-12

Financial Weakest financial yearnet €-23k ▼325%

Net result drops to €-23k, the lowest in the series; recovery starts the following year.

17-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

17-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 321 days late

2021

30-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 364 days late

2019

19-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 50 days late

08-01

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 161 days late

2018

14-12

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 501 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 15 acts read

About the unread acts

We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

14 directors, last change in 2024

MOSLEH Dijwar

Director · since 03-01-2024

Current

MUSA Musa Dzhevdzet

Director · since 03-01-2024

Current

ÖZTÜRK Mehmet

Director · since 03-01-2024

Current

ÖZTÜRK Rahsan

Director · since 03-01-2024

Current

Mehmet Ozturk

Director · since 31-01-2022

Current

Ibryamov Sevgin

Manager · since 03-05-2017

Not recently confirmed

03-01-2024 MOSLEH Dijwar: Resigned as Director

03-01-2024 MOSLEH Dijwar: Appointed as Director

03-01-2024 MUSA Musa Dzhevdzet: Resigned as Director

03-01-2024 MUSA Musa Dzhevdzet: Appointed as Director

03-01-2024 ÖZTÜRK Mehmet: Resigned as Director

03-01-2024 ÖZTÜRK Mehmet: Appointed as Director

03-01-2024 ÖZTÜRK Rahsan: Appointed as Director

11-03-2022 Salih Karwan: Resigned as Director

31-01-2022 MOSLEH Dijwar: Appointed as Director

31-01-2022 Mehmet Ozturk: Appointed as Director

13-10-2021 Salih Karwan: Appointed as Director

28-04-2021 Zafer Oguz: Resigned as Director

05-03-2020 MUSA Musa Dzhevdzet: Appointed as Director

05-03-2020 Zafer Oguz: Appointed as Director

12-02-2020 lIbryamov Sevgin: Resigned as Manager

12-02-2020 Salimov Seynur: Resigned as Manager

05-12-2019 Demir Osman: Resigned as Manager

05-12-2019 Islyamov Polat: Resigned as Manager

03-06-2019 Salimov Seynur: Appointed as Manager

03-06-2019 Demir Osman: Appointed as Manager

17-09-2018 Ibryamov Sevgin: Appointed as Manager

17-09-2018 Islyamov Polat: Appointed as Manager

08-06-2018 De heer lbryamov Sevgin: Resigned as Manager

23-03-2018 Byurhan Ryustemov: Resigned as Manager

+ 2 not shown in this overview

Not every act has been read: a resignation may be missing here

15 of this company's 15 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2015

exact location from the address register On OpenStreetMap

Ground area

64 m²

Building footprint

61 m²

Volume, LiDAR

745 m³

Parcel 11808H1249/00A005, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Naze bvba