Bankrupt · Opening faillissement (CBE)

AZAZ MERTENS BUSINESS

BE0760410318

Rechtspersoon Private limited company 2 establishments

AZAZ MERTENS BUSINESS is an electrical contractor in Fleurus. Private Limited, started on 22 December 2020, 2 establishments.

Avenue de l'Espérance(F) 7E, 6220 Fleurus

Behind the company: Magali MERTENS, Mouloud AZAZ.

Start date

22 December 2020

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

AZAZ MERTENS BUSINESS from Fleurus, company number BE0760410318, closed financial year 2022 with a result of € 231,398 after tax. For that financial year AZAZ MERTENS BUSINESS recorded a gross margin of € 858,144 and equity of € 236,119. Compared with financial year 2021, the result moved from € 721 to € 231,398. 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 May 26, 2023.

What it is worth Growing

€ 236,119

▲ € 231,398 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 231,398

▲ € 230,677 vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 123,701

▲ € 120,325 vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 232,119.

People and assets in 2022

Full-time equivalents

9.4

▲ 4.4 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 490,103

▲ 254% vs 2021

€ 52,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 85,785

▲ 268% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 5 years to go

€ 70,620

€ 14,601 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 165,550

▲ € 145,574 vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 107,590

▲ 148% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 148,171 € 858,144 ▲ € 709,974
Profit after taxes € 721 € 231,398 ▲ € 230,677
Equity € 4,721 € 236,119 ▲ € 231,398
Total debts € 87,471 € 362,911 ▲ € 275,440
Cash € 3,375 € 123,701 ▲ € 120,325
Retained profit € 721 € 232,119 ▲ € 231,398
Bank debt € 0 € 70,620
Balance sheet total € 92,192 € 599,030 ▲ € 506,838
Employees (FTE) 5 9.4 ▲ 4.4

Key figures of AZAZ MERTENS BUSINESS, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to AZAZ MERTENS BUSINESS?

What happened at AZAZ MERTENS BUSINESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

AZAZ MERTENS BUSINESS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 231,398 (▲ € 230,677 vs 2021). Source: NBB ↗
  • New establishment in Fleurus. KBO
  • New establishment in Jemeppe-sur-Sambre. KBO
  • Magali MERTENS became a director. NBB
  • Mouloud AZAZ became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 721 profit in 2021 to € 231,398 profit in 2022.

Paid € 86,048 in corporate taxes since 2021.

Best year ever: 2022, with € 231,398 profit.

On average € 91,300 of value added per employee in 2022.

Management

Magali MERTENS Mouloud AZAZ
AZAZ MERTENS BUSINESS

Behind AZAZ MERTENS BUSINESS are Magali MERTENS and Mouloud AZAZ.

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Directors

According to the 2022 annual accounts

Magali MERTENS

Director

since 2020

Mouloud AZAZ

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue de l'Espérance(F) 7E

6220 Fleurus

2.315.775.723

Rue François-Hittelet 153

5190 Jemeppe-sur-Sambre

Active since 22 December 2020

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0760.410.318
VAT number
BE 0760.410.318
Registered office
Avenue de l'Espérance(F) 7E, 6220 Fleurus
Names & denominations
AZAZ MERTENS BUSINESS · A.M. BUSINESS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
22 December 2020
Peppol
Not registered
Activities · NACE

Algemene elektrotechnische installatiewerken

Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik

Overige bouwinstallatie

Elektrotechnische installatiewerken van nijverheidsinrichtingen

Activiteiten van webportalen

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Overige bouwinstallatie, n.e.g.

Webportalen

Frequently asked questions

What does AZAZ MERTENS BUSINESS do?
AZAZ MERTENS BUSINESS is an electrical contractor in Fleurus. Private Limited, started on 22 December 2020, 2 establishments.
What is the address of AZAZ MERTENS BUSINESS?
The registered office of AZAZ MERTENS BUSINESS is located at Avenue de l'Espérance(F) 7E, 6220 Fleurus.
Is AZAZ MERTENS BUSINESS still active?
No. The CBE lists AZAZ MERTENS BUSINESS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is AZAZ MERTENS BUSINESS registered on Peppol?
No, AZAZ MERTENS BUSINESS is currently not registered on the Peppol network.
What is the enterprise number of AZAZ MERTENS BUSINESS?
The enterprise number of AZAZ MERTENS BUSINESS is BE0760410318.
When was AZAZ MERTENS BUSINESS founded?
AZAZ MERTENS BUSINESS was founded on 22 December 2020.