AZIMMO
ActiveSummary
AZIMMO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €203k and a net result of €23k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+27
Solvency32▲+1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.0 in 2023; short-term debt: 13% and cash: 0.7% of total assets), and 93% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
42 d early
2022
17 d early
2021
37 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€203k▲ 13.0%
2023 · €179k
Total assets
€2.90M▼ 2.9%
2023 · €2.99M
Net result
€23k
2023 · €-61k
Working capital
€-353k▲ 43.9%
2023 · €-629k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€68k▲ 171%€-131k€150k€-38k€45k
Net result€27k€-153k€131k€-61k€23k
Equity€262k▲ 11.6%€109k▼ 58.5%€240k▲ 121%€179k▼ 25.3%€203k▲ 13.0%
Total assets€2.33M▲ 2.0%€2.76M▲ 18.7%€3.07M▲ 11.2%€2.99M▼ 2.8%€2.90M▼ 2.9%
Debt€2.06M▲ 0.9%€2.65M▲ 28.5%€2.83M▲ 6.8%€2.81M▼ 0.9%€2.70M▼ 3.9%
Working capital€-566k▼ 98.0%€-202k▲ 64.4%€-593k▼ 194%€-629k▼ 6.1%€-353k▲ 43.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €45k after a loss of €38k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.90M
Fixed assets
€2.88M ▼ 3.6%
Current assets
€23k ▲ 7,334%
Equity and liabilities €2.90M
Equity
€203k ▲ 13.0%
Debt
€2.70M ▼ 3.9%
Debt's share of the balance-sheet total falls from 94.0% to 93.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155k▲
2023 · €73k
Cash flow
€133k▲
2023 · €50k
Current ratio
0.06▲
2023 · 0.00
Debt to equity
13.33▼
2023 · 15.66
ROE
11.5%▲
2023 · -33.8%
ROA
0.8%▲
2023 · -2.0%
Interest coverage
7.14▲
2023 · 3.24
Debt ≤ 1 year
€376k▼
2023 · €630k
Debt > 1 year
€2.30M▲
2023 · €2.16M
Income taxes
€294▼
2023 · €441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €65k | €79k | €102k | €110k | €109k | ▼ 0.9% |
| Other operating charges640/8 | - | €11k | €11k | €11k | €20k | ▲ 92.8% |
| Gross operating margin9900 | €142k | €-41k | €263k | €83k | €175k | ▲ 110% |
| Operating profit (loss)9901 | €68k | €-131k | €150k | €-38k | €45k | ▲ 220% |
| Financial charges65/66B | - | €22k | €19k | €22k | €22k | ▼ 3.4% |
| Recurring financial charges65 | €28k | €22k | €19k | €22k | €22k | ▼ 3.4% |
| Profit (loss) for the period before taxes9903 | €39k | €-153k | €131k | €-60k | €24k | ▲ 139% |
| Income taxes67/77 | €12k | - | - | €441 | €294 | ▼ 33.4% |
| Profit (loss) for the period9904 | €27k | €-153k | €131k | €-61k | €23k | ▲ 138% |
| Profit (loss) for the period to be appropriated9905 | €27k | €-153k | €131k | €-61k | €23k | ▲ 138% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.33M | €2.76M | €3.07M | €2.99M | €2.90M | ▼ 2.9% |
| Fixed assets21/28 | €2.29M | €2.75M | €3.07M | €2.99M | €2.88M | ▼ 3.6% |
| Tangible fixed assets22/27 | €2.29M | €2.75M | €3.07M | €2.99M | €2.88M | ▼ 3.6% |
| Land and buildings22 | - | €2.74M | €3.06M | €2.98M | €2.87M | ▼ 3.6% |
| Furniture and vehicles24 | - | €10k | €8k | €7k | €6k | ▼ 14.1% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €37k | €9k | €7k | €310 | €23k | ▲ 7,334% |
| Amounts receivable within one year40/41 | €6k | €409 | - | €290 | €500 | ▲ 72.5% |
| Trade receivables40 | - | - | - | €78 | €500 | ▲ 544% |
| Other amounts receivable41 | - | €409 | - | €212 | - | - |
| Cash at bank and in hand54/58 | €28k | €7k | €7k | €20 | €22k | ▲ 107,947% |
| Deferred charges and accrued income490/1 | - | €2k | - | - | €869 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.33M | €2.76M | €3.07M | €2.99M | €2.90M | ▼ 2.9% |
| Equity10/15 | €262k | €109k | €240k | €179k | €203k | ▲ 13.0% |
| Contributions10/11 | - | €90k | €90k | €90k | €90k | = |
| Capital10 | - | €90k | - | - | - | - |
| Issued capital100 | - | €90k | - | - | - | - |
| Reserves13 | €117k | €117k | €117k | €117k | €117k | = |
| Non-distributable reserves130/1 | - | €9k | €9k | €9k | €9k | = |
| Legal reserve130 | - | €9k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €9k | €9k | €9k | = |
| Tax-exempt reserves132 | - | €15k | €15k | €15k | €15k | = |
| Distributable reserves133 | - | €93k | €93k | €93k | €93k | = |
| Profit (loss) carried forward14 | €55k | €-98k | €33k | €-27k | €-4k | ▲ 84.6% |
| Amounts payable17/49 | €2.06M | €2.65M | €2.83M | €2.81M | €2.70M | ▼ 3.9% |
| Amounts payable after more than one year17 | €1.46M | €2.44M | €2.23M | €2.16M | €2.30M | ▲ 6.6% |
| Financial debts170/4 | - | €840k | €632k | €561k | €704k | ▲ 25.5% |
| Other amounts payable178/9 | - | €1.60M | €1.60M | €1.60M | €1.60M | = |
| Amounts payable within one year42/48 | €603k | €211k | €600k | €630k | €376k | ▼ 40.3% |
| Current portion of amounts payable after more than one year42 | - | €77k | €64k | €172k | €102k | ▼ 40.4% |
| Financial debts43 | - | - | €100k | €6k | - | - |
| Credit institutions430/8 | - | - | €100k | €6k | - | - |
| Trade debts44 | €55k | €50k | €83k | €101k | €58k | ▼ 42.9% |
| Suppliers440/4 | - | €50k | €83k | €101k | €58k | ▼ 42.9% |
| Taxes, remuneration and social security45 | - | €10k | €5k | €74 | €383 | ▲ 418% |
| Taxes450/3 | - | €10k | €5k | €74 | €383 | ▲ 418% |
| Other amounts payable47/48 | - | €74k | €347k | €350k | €215k | ▼ 38.5% |
| Accrued charges and deferred income492/3 | - | €2k | - | €18k | €20k | ▲ 12.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €-153k | €131k | €-61k | €23k | ▲ 138% |
| + Depreciation and write-downs630 | €65k | €79k | €102k | €110k | €109k | ▼ 0.9% |
| Operating cash flow (approximation) | €93k | €-75k | €233k | €50k | €133k | ▲ 167% |
| Investment in fixed assets (approximation) | - | €-541k | €-415k | €-31k | €-2k | ▲ 95.1% |
| Change in cash | - | €-22k | €-3 | €-7k | €22k | ▲ 429% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Equity above €200kEq €203k ▲13%
Equity rises from €179k to €203k.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €131k
Net result €131k after one loss-making year.
31-12
Financial
Equity above €200kEq €240k ▲121%
Equity rises from €109k to €240k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-153k
Net result drops to €-153k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2002
Ground area
277 m²
Building footprint
130 m²
Volume, LiDAR
3,053 m³
Parcel 21362B0292/00B007, Brussels · tallest building 31.9 m, ±9 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AZIMMO
since 20022.094.629.579
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0292/00B007 | Brussels | 277 m² | 1 · 130 m² | 31.9 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DWB Beheer
BE 0479.383.106
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DV Management & Servicing
BE 1002.158.270
Edegem · Eq €202,554
STEFIMAT
BE 0479.705.976
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SPARKLING'US
BE 0744.965.245
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D.W. MANAGEMENT
BE 0676.406.041
Florennes · Eq €202,593
Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,029 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-03-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.