Azalea Vision
The computed 12-month bankruptcy probability of Azalea Vision is 1.3% (low). The 2024 annual accounts show negative equity (€-2.54M) and a net result of €-1.62M. Its solvency ranks better than 5% of 106 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-2.54M |
| Net result | €-1.62M |
| Staff (FTE) | 5.4 |
| Better than sector | 5% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -186.4% | 45.9% | |
| Net result | €-1.62M | €9k | |
| Equity | €-2.54M | €76k | |
| Gross operating margin | €71k | €75k | |
| Staff costs | €604k | €176k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-535k |
| Net profit | €-1.62M |
| Cash flow | €-361k |
| Staff costs | €604k |
| Income taxes | €-179k |
| Dividends | - |
| Total assets | €1.36M |
| Equity | €-2.54M |
| Debt | €3.91M |
| of which ≤ 1y | €2.95M |
| of which > 1y | €0 |
| Working capital | €-1.71M |
| Employees (FTE) | 5.4 |
| 2024 | |
|---|---|
| Current ratio | 0.42 |
| Quick ratio | 0.42 |
| Working capital ratio | -125.6% |
| Solvency | -186.4% |
| Debt / equity | -1.54 |
| Long-term debt ratio | 0.00 |
| Interest coverage | -144.66 |
| Gross margin | - |
| Net margin | - |
| ROA | -118.6% |
| ROE | 63.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.36M |
| Fixed assets | 21/28 | €113k |
| Formation expenses | 20 | €19k |
| Intangible fixed assets | 21 | €57k |
| Tangible fixed assets | 22/27 | €19k |
| Financial fixed assets | 28 | €37k |
| Current assets | 29/58 | €1.23M |
| Amounts receivable within one year | 40/41 | €124k |
| Cash & bank | 54/58 | €876k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.36M |
| Equity | 10/15 | €-2.54M |
| Contributions / capital | 10/11 | €7.80M |
| Accumulated profits (losses) | 14 | €-10.34M |
| Amounts payable | 17/49 | €3.91M |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €2.95M |
| Trade debts payable within one year | 44 | €372k |
| Income statement | ||
| Gross operating margin | 9900 | €71k |
| Operating result | 9901 | €-1.79M |
| Financial income | 75 | €17 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-1.80M |
| Income taxes | 67/77 | €-179k |
| Net result for the period | 9904 | €-1.62M |
| Result to be appropriated | 9905 | €-1.62M |
-
Enrique Vega & PartnersLegal entityDirector (executive)· perm. rep.: Enrique VegaState Gazette act 25120561 (24-09-2025)Current24-09-2025 → present
-
Robert DempseyDirectorState Gazette act 25087443 (10-07-2025)Current01-04-2025 → present
-
Alexandre LOISEAUDirectorState Gazette act 25316068 (04-03-2025)Current04-03-2025 → present
-
Andrés Felipe VASQUEZ QUINTERODirectorState Gazette act 25316068 (04-03-2025)Current04-03-2025 → present
-
FPCI PSL INNOVATION FUNDLegal entityDirector· perm. rep.: Clément VANDEN DRIESSCHEState Gazette act 25316068 (04-03-2025)Current04-03-2025 → present
-
IMEC.XPANDLegal entityDirector· perm. rep.: Frank BULENSState Gazette act 25316068 (04-03-2025)Current04-03-2025 → present
-
SENSINNOVATLegal entityDirector· perm. rep.: Rudi DE WINTERState Gazette act 25316068 (04-03-2025)Current04-03-2025 → present
-
Sung-Ya KAODirectorState Gazette act 25316068 (04-03-2025)Current04-03-2025 → present
| NACE primary | Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg(74999) |
| Legal form | Private limited company(610) |
| Incorporation | 04-09-2020 |
| Status | Active |
| Postal code | 9052 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0100/00H000 | Flanders | 3,594 m² | 1 · 1,214 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-09-2025 5 directors appointed
- Enrique Vega, Directeur
- Olivier Van Raemdonck, Dagelijks bestuur
- Charles Groffils, Dagelijks bestuur
- Lotte Wuyts, Dagelijks bestuur
- CRESCO ADVOCATEN BV, Dagelijks bestuur
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}10-07-2025 4 directors appointed
- Robert Dempsey, Bestuurder
- Elske Bleeker, Gedelegeerd bestuurder
- Charles Groffils, Gedelegeerd bestuurder
- CRESCO ADVOCATEN BV, Gedelegeerd bestuurder
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}04-03-2025 Capital increase of €5,149,970
- Inbreng in geld · Apport en numéraire
- 3 kapitaalbewegingen in deze akte
Technical details
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}06-08-2024 Bert Kegels appointed as statutory auditor
- Bert Kegels, Commissaris
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"evidence_quote": "De buitengewone aandeelhoudersvergadering benoemt Bert Kegels, BDO Bedrijfsrevisoren als de commissaris van de vennootschap, met kantoor te Da Vincilaan 9, bus E.6, 1930 Zaventem. De commissaris zal de vennootschap controleren gedurende drie boekjaren, namelijk van boekjaar 2023 tot boekjaar 2025. D",
"decharge_status": null,
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},
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}
],
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},
"act_meta": {
"language": "nl",
"pub_date": "2024-08-06",
"filing_date": "2023-12-20",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-20",
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}
],
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"subject_company": {
"kbo": "0753.715.734",
"name_full": "Azalea Vision BV",
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},
"publication_proxy": {
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"org_rep_person_name": "Charles Groffils",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Azalea Vision |