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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Late annual account NBB
Fiscal year 2024 was filed 214 days after the legal deadline.
Financials
Financial year 2024
AZ CONNECT from Waasmunster, company number BE0746768059, closed financial year 2024 with a result of € 56,585 after tax. For that financial year AZ CONNECT recorded revenue of € 651,288 and equity of € 104,106. Compared with financial year 2023, the result moved from € 23,283 to € 56,585. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 2, 2026.
€ 104,106
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,585
▲ 143% vs 2023
Profit after tax over the fiscal year.
€ 146,938
▲ 161% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 52,000 paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 90,131
▲ 175% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,532
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 310,355
▲ 72% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 71,716
▲ 158% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 651,288 | |
| Gross margin | € 58,142 | € 55,155 | € 76,518 | € 186,213 | ▲ 143% |
| Profit after taxes | € 41,638 | € 29,600 | € 23,283 | € 56,585 | ▲ 143% |
| Equity | € 46,638 | € 76,238 | € 99,420 | € 104,106 | ▲ 5% |
| Total debts | € 316,739 | € 154,055 | € 207,963 | € 382,071 | ▲ 84% |
| Cash | € 64,800 | € 60,462 | € 56,385 | € 146,938 | ▲ 161% |
| Retained profit | € 41,638 | € 71,238 | € 94,521 | € 99,106 | ▲ 5% |
| Dividend | € 0 | € 0 | € 0 | € 52,000 | |
| Balance sheet total | € 363,377 | € 230,293 | € 307,382 | € 486,177 | ▲ 58% |
Key figures of AZ CONNECT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to AZ CONNECT?
What happened at AZ CONNECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 56,585 (▲ 143% vs 2023). filed late Source: NBB ↗
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,638 profit in 2021 to € 56,585 profit in 2024.
Paid € 67,118 in corporate taxes since 2021.
Best year ever: 2024, with € 56,585 profit.
Paid out € 52,000 in dividends to the owners in total.
Management
Behind AZ CONNECT is Omar Achabar.
Directors
According to the 2024 annual accounts
Omar Achabar
Manager
Establishments
Establishment units
Physical locations of this company
Grote Baan 36
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0746.768.059
- VAT number
- BE 0746.768.059
- Registered office
- Grote Baan 36, 9250 Waasmunster
- Names & denominations
- AZ CONNECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2020
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Overige bouwinstallatie
Elektrotechnische installatiewerken van nijverheidsinrichtingen
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Overige bouwinstallatie, n.e.g.