Financials
- Financial year
- 2025
- Total assets
- €2.6m
- Profit
- €106,312
- Solvency
- 48.7%
Total assets▼ 14.2%
Net result
20192025
AZARO
ActiveSummary
AZARO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €106,312. Equity is growing by about 9.3% per year across the filed financial years. Its solvency ranks better than 59% of 2,062 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Growing of flowers
NACE 01191
1 site
Size
€2.6mtotal assets 2025
- Equity
- €1.3m
- Profit
- €106,312
Turnover not published (abbreviated format)
Structure
2025 accounts 1 day early1 of 4 deeds summarised
Why 91lowers riskSize: total assets €2.6mSector: Crop and animal production, hunting and related service activities (NACE 01)Figures for financial year 2025 (filed 04-02-2026)Founded in 1990Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 01, small)
Financial strength · tick = 2024
Average
Solvency
74-10
equity 48.7% of total assets
Liquidity
45+2
short-term debt 35.0% · cash 8.7%
Profitability
47-26
return on assets 4.1%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.2%▲ +0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.4%▲ +0.1 percentage points vs 01-2026highest value
03-2026: < 0.1%▼ -0.4 percentage points vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.75, compared with 2.58 in 2024, above the usual 1.5; short-term debt: 35% and cash: 8.7% of total assets), but 51.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small): better than 60% on solvency, 41% on liquidity, 19% on profitability and 6% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
3 days early
2023
1 day early
2022
1 day early
2021
4 days early
2020
27 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end26-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Reappointment: Roggeman,KoenJozefAlbert (niet statutairbestuurder)Appointment: Boomputte,DorothyDeniseAndré (niet statutairbestuurder) ·…
Key points
By topic
Timeline
- Events
- 36
- Since
- 1992
- Next accounts
- by 31-01-2027
- 30-01-2024Annual accounts filed
- 30-01-2023Annual accounts filed
- 30-06-2022Highest result from 2019 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Growing of flowersNACE 01191
- Founded
- 20-07-1990
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 20
- Who signs
- Each director alone
- Annual meeting
- Second Friday of December at 14:00
- Purpose
- “Het telen,de aankoop,de verkoop,de invoer en uitvoer van sierplanten,bloemen en van alles…” (deed in Dutch)
Key facts about AZARO
- What is the company number of AZARO?
- 0441.523.115. In Belgium the VAT number is the company number with BE in front: BE 0441.523.115.
- Where is AZARO based?
- The registered office is at Steenvoordestraat(HEU) 155, 9070 Destelbergen.Company details
- What does AZARO do?
- According to the KBO register, the main activity is growing of flowers (NACE 01191).
- What is the legal form of AZARO?
- Private limited company (BV).
- When was AZARO founded?
- On 20-07-1990.
- Is AZARO still active?
- Yes, AZARO is an active enterprise in the KBO register.
- How many employees does AZARO have?
- On average 16.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of AZARO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is AZARO profitable?
- In financial year 2025, AZARO made a profit of €106,312.
- Where can I find the annual accounts of AZARO?
- AZARO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AZARO due?
- By 31-01-2027, for financial year 2026.Timeline
Companies related to AZARO
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- WVDN YOUNG PLANTSZelzate
- Tuinplantencentrum De PauwBornem
- TUINBOUWBEDRIJF HERTELEERAalter
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