Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AZ-SA from Oudergem, company number BE0685889176, closed financial year 2025 with a result of € 18,420 after tax. For that financial year AZ-SA recorded revenue of € 70,026 and equity of € 79,903. Compared with financial year 2024, the result moved from € 5,404 to € 18,420. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2026.
€ 79,903
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,420
▲ 241% vs 2024
Profit after tax over the fiscal year.
€ 10,248
▲ € 8,961 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 79,803.
People and assets in 2025
€ 6,400
▲ 22% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 883
▼ 94% vs 2024
Loans from banks and other lenders, long and short.
€ 4,782
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,626
▲ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 123,184 | € 256,502 | € 72,594 | € 70,026 | ▼ 4% |
| Gross margin | € 29,761 | € 58,714 | € 1,492 | € 12,341 | ▲ € 10,849 |
| Profit after taxes | € 10,674 | € 17,651 | € 5,404 | € 18,420 | ▲ 241% |
| Equity | € 53,029 | € 56,080 | € 61,483 | € 79,903 | ▲ 30% |
| Total debts | € 21,863 | € 86,195 | € 27,793 | € 17,501 | ▼ 37% |
| Cash | € 16,767 | € 34,991 | € 1,287 | € 10,248 | ▲ € 8,961 |
| Retained profit | € 38,329 | € 55,980 | € 61,383 | € 79,803 | ▲ 30% |
| Bank debt | € 16,448 | € 10,403 | € 14,508 | € 883 | ▼ 94% |
| Balance sheet total | € 74,892 | € 142,275 | € 89,276 | € 97,404 | ▲ 9% |
Key figures of AZ-SA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AZ-SA?
What happened at AZ-SA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,420 (▲ 241% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
In short
From € 10,674 profit in 2022 to € 18,420 profit in 2025.
Paid € 14,730 in corporate taxes since 2022.
Best year ever: 2025, with € 18,420 profit.
Establishments
Establishment units
Physical locations of this company
Waverse steenweg 1676 box 6
1160 Oudergem
Georges Henrilaan 290
1200 Sint-Lambrechts-Woluwe
Active since 13 December 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Syndicat de Défense contre les Bruits d'Avion
Shilla
€ 524,544 gross margin · 2024
ORGATRADE
€ 12,288 gross margin · 2025
Advays
ASSOC DES COPROPRIETAIRE RESIDENCE BELGICA ACP
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ZEGHMICHE Azzedine(oprichter) 90%
- ARBAOUI Samia(oprichter) 10%
Details
- Company number
- 0685.889.176
- VAT number
- BE 0685.889.176
- Registered office
- Waverse steenweg 1676 bus 6, 1160 Oudergem
- Names & denominations
- AZ-SA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2017
- Peppol
- Active · Active since 18 Jun 2026
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Personenvervoer over de weg volgens dienstregeling
Detailhandel in chocolade en suikerwerk
Personenvervoer over de weg zonder dienstregeling
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Overig personenvervoer te land, n.e.g.