Equity
€6.07bn ▼ 0.8%
Group paid out €55.0m in dividends. That is 828% of the 2025 profit.
Azelis Group
Heads the group
4 companies in 2 countries
Lifetime
5 annual accounts with figures on one time axispeak €82.0m (2023)
€79.4m▲ 8.3%
lowest -€57.0m (2021)
€6.6m▼ 7.9%
peak €6.16bn (2023)
€6.07bn▼ 0.8%
€82.0m▲ 15.9%
peak 95.4 FTE (2023)
89.9 FTE▼ 1.4%
Board30 names since 2021all names
11 directors and 10 others
Documentsfilings and deeds
27-05-202665 days before the deadline
2025financial year
Powers of attorney: and 23-091 director appointed, 1 resignation, 5 reappointments 23-05Dividend €55.0mDebts from €70.8m to €82.0mCash from €153,172 to €364,492
Key points
from the 2025 annual accountsInvestments
€4.1m 0.2 × depreciation
Green is investment, beige is depreciation.
Payment terms
146 days to suppliers
Group pays its suppliers 28 days later than in 2024. Customers pay 8 days later.
Group
13 companies controlled
Heads a group.
Board
3 joined
New directors. Latest change 13-05-2026 · 14 in office.
Position in the sector
€6.07bn
More equity than 95% of companies in financial services. Sector median €9.7m · 2,069 companies.
Standalone figures, without subsidiaries
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Daily manager,
CEO,
Director
Director
Director
Auditor,
- founderdeed of 14-06-2021
Shares in 5 companies, including and
Board & ownershipRecent changes
3 directors appointed
(executive director), (onafhankelijk en niet uitvoerend bestuurder) and (onafhankelijk en niet uitvoerend bestuurder) · Permanent representative: · General meeting of 13-05-2026 · Gazette deed
New CFO and member of the executive committee
appointed, resigned · Board meeting of 14-10-2025 · Gazette deed
1 director appointed, 1 resignation, 5 reappointments
Reappointments: (executive director), (executive director), (onafhankelijk en niet uitvoerend bestuurder), (non-executive director) and (non-executive director) · Permanent representatives: , , and · Resignation: (onafhankelijk en niet uitvoerend bestuurder) · General meeting of 08-05-2025 · Gazette deed
3 directors appointed, 2 resignations, 1 statutory auditor reappointed
Appointments: (executive director), (independent director and chair of the board) and (independent director) · Permanent representative: · Resignations: (independent director and chair of the board) and (independent director) · General meeting of 13-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Azelis Group Antwerp | €79.4m | 14.9% | 98.6% | 89.9 |
| Wise Europe Ixelles | €434.0m | 1.3% | 0.4% | 38.8 |
| ONTEX GROUP Aalst | - | - | 59.7% | 60.9 |
| Eurostar Group Sint-Gillis (bij-Brussel) | - | - | 72.1% | - |
| Aliaxis Holdings Ixelles | €105.4m | -12.5% | 52.6% | 146.3 |
| MANUCHAR GROUP Antwerp | - | - | 43.6% | - |
| SYENSQO Brussels | - | - | 70.9% | 357.9 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Group: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €888m and €11bn, founded between 2002 and 2023.
Official details
Source: KBO- Status
- Active since 10-06-2021Normal situation
- Registered office
- 13 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Activities of holding companiesNACE 64210and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.318.919.8102600 Antwerp, since 10-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €6.15bn▼ 0.6%
- Filing
- Filed on 27-05-2026, 65 days before the end of the filing period
Insights on Azelis Group
Group is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €6.07bn and a net result of €6.6m.
Equity has been stable since 2021 (±0.2% per year). Its solvency ranks better than 91% of 2,073 sector peers (NACE 64, financial year 2025).
The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Azelis Group
- What is the company number of Azelis Group?
- The company number of Group is 0769.555.240. The VAT number is the same number with BE in front: BE 0769.555.240.
- Where is Azelis Group based?
- The registered office is at Posthofbrug 12, 2600 Antwerp.Company details
- What does Azelis Group do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of Azelis Group?
- Group is a public limited company (NV).
- When was Azelis Group founded?
- Group was founded on 10-06-2021.
- Is Azelis Group still active?
- Yes, Group is an active enterprise in the KBO register.
- How many employees does Azelis Group have?
- Group had an average of 89.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Azelis Group fall under?
- In its 2022 annual accounts, Group states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Azelis Group?
- The turnover of Group was €79.4m in financial year 2025, according to the filed annual accounts.
- Is Azelis Group profitable?
- In financial year 2025, Group made a profit of €6.6m.
- Where can I find the annual accounts of Azelis Group?
- Group filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Azelis Group due?
- Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.