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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
A.Z.M. from Merchtem, company number BE0889206621, closed financial year 2025 with a result of € -3,025 after tax. For that financial year A.Z.M. recorded a gross margin of € 719 and equity of € 47,385. Compared with financial year 2024, the result moved from € -3,074 to € -3,025. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 47,385
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,025
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,072
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 41,135.
People and assets in 2025
€ 128
▼ 78% 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.
€ 498
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,383
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,085
▼ 55% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 8,958 | € 11,552 | € 17,057 | € 719 | ▼ 96% |
| Profit after taxes | € -212 | € 1,596 | € -3,074 | € -3,025 | ▲ € 49 |
| Equity | € 51,887 | € 53,483 | € 50,410 | € 47,385 | ▼ 6% |
| Total debts | € 35,119 | € 74,469 | € 85,691 | € 31,446 | ▼ 63% |
| Cash | € 9,178 | € 12,551 | € 7,831 | € 7,072 | ▼ 10% |
| Retained profit | € 45,637 | € 47,233 | € 44,160 | € 41,135 | ▼ 7% |
| Bank debt | € 901 | € 0 | € 25,639 | € 0 | ▼ 100% |
| Balance sheet total | € 87,006 | € 127,952 | € 136,100 | € 78,830 | ▼ 42% |
By gross margin, A.Z.M. ranks 7th of 8 companies with main activity “Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen” in Merchtem that publish figures (fiscal year 2025).
Key figures of A.Z.M., 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.
Ask about A.Z.M. the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to A.Z.M.?
What happened at A.Z.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,025. Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 212 loss in 2022 to € 3,025 loss in 2025.
Paid € 1,409 in corporate taxes since 2022.
Best year ever: 2023, with € 1,596 profit.
Management
Behind A.Z.M. are ZELME ALIZADEH and SAHAR MOHAMMADI.
Directors
According to the 2025 annual accounts
ZELME ALIZADEH
Director
SAHAR MOHAMMADI
Director
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 15
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Merchtem
Same main activity (Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen), 8 active companies in Merchtem, largest first.
€ 2.5 million gross margin · 2025
€ 1.1 million gross margin · 2025
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€ 2,980 gross margin · 2026
Details
- Company number
- 0889.206.621
- VAT number
- BE 0889.206.621
- Registered office
- Nieuwstraat 15, 1785 Merchtem
- Names & denominations
- A.Z.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2007
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
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