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AZO

Active Public limited companyfounded 1995active for 31 yearsKatwilgweg 15, 2050 AntwerpKBO/BCE: BE 0454.487.659 subsidiary of AZO Holding GmbH#8 employer in the province of Antwerp, Machinery and equipment sector
AZO
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Overview

Lifetime

19 annual accounts with figures on one time axis, 31 filings since 1995
peak €46.4m (2025)
€46.4m▲ 8.9%
peak €5.9m (2021)
€4.7m▲ 8.8%
peak €20.3m (2023)
€12.4m▲ 16.1%
€25.7m▼ 8.9%
peak 130.3 FTE (2024)
129.8 FTE▼ 0.4%
Board15 names since 2006all names
3 directorsRainer Zimmermann and 2 others
Owners3 names in the annual accounts
consolidatesAZO Holding GmbH
Documentsfilings and deeds
17-07-202614 days before the deadline
2025financial year
Merger proposal: AZO takes over VERVAN 10-11Dividend €3.0mEquity from €10.6m to €12.4mCash from €10.1m to €14.2m

Key points

from the 2025 annual accounts

Equity

€12.4m ▲ 16.1%
10.62024+4.7Profit-3.0Dividend12.42025

AZO paid out €3.0m in dividends. That is 64% of the 2025 profit.

Staff

133 employees on 31-12-2025
2115202119112022151120231412202416142025

In 2025, 16 people joined and 14 left.

Payment terms

53 days to suppliers
Suppliers
32 to 53
Customers
95 to 74

AZO pays its suppliers 21 days later than in 2024. Customers pay 21 days earlier.

Filings

31 annual accounts since 1995
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 14 to 27 days before the end of the period.

Board

1 joined · 1 left

Board changed. Latest change 23-06-2026 · 3 in office.

Position in the sector

€4.7m

Higher net result than 93% of companies in machinery and equipment. Sector median €150,798 · 384 companies.

Checked score

97
Excellent
Financially stronger than 73% of medium-sized companies in machinery and equipment (NACE 28)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 101 companies (NACE 28, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025highest value 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

57+5equity 32.1% of total assets
61+17short-term debt 65.8% · cash 36.8%
82+2return on assets 12.3%

Score breakdown

raises risk
Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
lowers risk
Founded in 1995
Liquidity: current ratio 1.41, cash €14.2m
Size: turnover €46.4m, 129.8 FTE, total assets €38.5m
Calculation

The band follows from the bankruptcy probability. 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 28, medium-sized). It does better than 46% of them on solvency, 85% on liquidity, 88% on profitability and 74% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,579 companies had the same profile as AZO has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of AZO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,579 companies, not a prediction for AZO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,150,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.41 (1.3 in 2024), below the usual 1.5. Short-term debt is 65.8% and cash 36.8% of total assets. 67.9% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1995
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.41, cash €14.2m
NBB · annual accounts
lowers risk · Size: turnover €46.4m, 129.8 FTE, total assets €38.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
23 days early
2023
22 days early
2022
14 days early
2021
27 days early
2020
29 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LZ
Lukas Zimmermann
Chair
AS
ART Solutions
Director, Pieter Vanneuville, since 27-06-2024
DK
Dennis Künkel
Director
MA
Moore Audit
Auditor, Bart Dauwen

Shares in 1 company, Vervan

Board & ownership

Recent changes

2 directors appointed, 1 resignation, 1 statutory auditor reappointed Reappointment: Moore Audit BV (statutory auditor) · Permanent representatives: Bart Dauwen and Pieter Vanneuville · Resignation: Rainer Zimmermann · Gazette deed
Merger proposal: AZO takes over VERVAN The company holds all the shares of VERVAN · Founding capital of €18,600, 250 shares · The company is a shareholder of AZO · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0454487659
Permanent representatives: Johan Van Mieghem, Bart Dauwen and Pieter Vanneuville Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
AZO Antwerp €46.4m 14.0% 32.1% 129.8
VALVAN Menen €44.5m 6.7% 19.1% 113.8
BEP EUROPE Bruges €60.4m 18.4% 53.2% 148.1
XEIKON MANUFACTURING Lier €102.0m -3.9% 41.8% 191.1
FAM Kontich €37.2m 5.8% 58.8% 42.9
PHARMA TECHNOLOGY Nivelles €26.8m 15.8% 68.0% 69.9
ASEPTIC TECHNOLOGIES Gembloux €30.4m 21.6% 77.4% 61.4
-10%0%10%20%€10m€100m€1bnAZOEBIT margin

Grey: the largest companies of the sector (machinery and equipment (NACE 28)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as AZO: manufacture of machinery and equipment not elsewhere classified (NACE 28990). They are comparable in size and age: total assets between €24m and €80m, founded between 1991 and 2002.

Official details

Source: KBO
Status
Active since 01-02-1995Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28990and 4 others
Joint committees
200Auxiliary committee for white-collar workers
149.04Metal trade · annual accounts 2025
Establishment unit
2.070.695.3252050 Antwerp, since 01-02-1995
Financial year end
31 December
Peppol
Reachable since 30-10-2025
Company details

Annual accounts 2025

€46.4m▲ 8.9%
€4.7m▲ 8.8%
€12.4m▲ 16.1%
€38.5m▼ 1.9%
Employeeson 31-12-2025
133▲ 1.5%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on AZO

AZO has existed since 1995. Turnover grew from €19.8m in 2006 to €46.4m in 2025 and staff from 76.6 to 129.8 full-time equivalents.

In 2024, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 17-07-2026, 14 days before the deadline
€46.4m
▲ 8.9%
€6.5m
▲ 16.5%
€6.8m
▲ 15.7%
€5.1m
▲ 8.4%
32.1%
▲ 5.0 percentage points
1.41
▲ 0.11
In the rankings #8 employer in the province of Antwerp, Machinery and equipment sector

Money flows

of every €100 of turnover, €10.18 remains as profit in 2025

Balance sheet

balance sheet total €38.5m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

32.1%

Higher than 36% of 384 companies in 2025.

1.41

Higher than 38% of 382 companies in 2025.

12.3%

Higher than 80% of 383 companies in 2025.

AZO Middle half of the sector 80% of the sector Full accounts in machinery and equipment (NACE 28)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women15% women

109.8 men and 20 women in full-time equivalents in 2025.

€108,669

Men €111,871, women €91,094 per full-time equivalent. Jobs differ, so this is not a pay gap.

+2 people

people who joined people who left

In 2025, 16 people joined and 14 left. Training hours in 2025: 5,641.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082006
Balance sheet: assets
20/58 38.5m39.3m50.1m37.0m31.5m29.8m25.5m25.2m24.1m19.6m21.0m14.3m11.5m11.1m10.3m9.6m9.0m9.0m10.9m
20 0000---------------
21/28 2.8m2.8m2.9m3.1m3.1m3.4m3.9m3.9m4.3m2.3m1.5m975,883975,1431.1m1.2m965,6311.1m1.3m1.6m
21 30,2056,9990024,50557,38890,2711815489401,5613,7011,8663,507-----
22/27 2.3m2.4m2.5m2.7m2.7m3.0m3.4m3.6m3.9m1.9m926,823971,135972,3501.1m1.2m964,7851.1m1.3m1.6m
22 1.9m2.0m2.1m2.3m2.2m2.4m2.7m2.9m3.1m1.5m575,360574,734627,370690,293762,985809,617895,553991,3041.2m
23 184,684167,520124,247153,871156,614204,046275,604336,422385,400197,610175,577204,782210,705228,933241,79652,32833,55147,39594,750
24 252,059284,978247,776260,611310,430326,958449,696328,687430,040180,486175,886191,619134,276131,181147,016102,839184,693236,244283,589
28 406,846401,877395,779391,831387,043380,410375,410368,953362,506357,609577,0871,047927887887847837767567
280/1 404,879400,310394,412389,157384,369379,283374,283367,827361,380355,328576,000--------
280 404,879400,310394,412389,157384,369379,283374,283367,827361,380355,328576,000--------
284/8 1,9671,5671,3672,6742,6741,1271,1271,1271,1272,2811,0871,047927887887847837767567
285/8 1,9671,5671,3672,6742,6741,1271,1271,1271,1272,2811,0871,047927887887847837767567
29/58 35.7m36.4m47.2m34.0m28.4m26.4m21.6m21.3m19.8m17.4m19.4m13.3m10.5m10.0m9.1m8.6m7.9m7.7m9.4m
3 9.9m9.7m7.8m4.7m4.9m9.4m2.8m1.9m5.1m3.9m4.1m714,463569,798898,5981.1m515,178572,858580,115668,521
30/36 4.9m3.6m5.5m3.6m3.2m2.5m2.1m1.6m3.5m1.6m799,422714,463569,798648,597536,525503,647570,860578,072612,753
34 3.4m2.1m3.4m2.1m1.4m1.4m1.4m1.0m2.1m1.1m799,422714,463569,798648,597536,525503,647570,860578,072612,753
36 1.5m1.6m2.1m1.5m1.7m1.1m700,313547,3271.4m570,335---------
37 5.1m6.1m2.2m1.1m1.7m6.9m707,023377,7311.5m2.2m3.3m--250,001607,51611,5311,9982,04355,768
40/41 11.6m12.6m20.5m12.3m10.5m13.1m6.7m6.4m9.2m7.0m9.1m7.9m6.1m7.2m5.4m6.3m6.5m5.7m7.8m
40 9.4m11.1m19.8m10.9m9.7m12.6m6.1m6.0m9.0m6.9m8.8m7.7m6.1m7.0m5.2m6.2m6.4m5.5m7.7m
41 2.2m1.5m749,5371.4m797,686490,465569,894389,814229,81278,813321,936231,10268,318142,890220,67670,34193,698183,46049,514
50/53 -4.0m-----------------
51/53 -4.0m-----------------
54/58 14.2m10.1m18.9m17.0m12.9m3.9m12.1m12.9m5.5m6.5m6.2m4.0m3.8m1.8m2.5m1.7m800,7701.4m869,773
490/1 8,96521,621-4,31333,52231,3097,99417,2003,23217,6516,181662,02343,859104,094104,217138,58837,14265,39059,718
Balance sheet: equity and liabilities
10/49 38.5m39.3m50.1m37.0m31.5m29.8m25.5m25.2m24.1m19.6m21.0m14.3m11.5m11.1m10.3m9.6m9.0m9.0m10.9m
10/15 12.4m10.6m20.3m16.2m12.3m6.4m8.1m11.7m8.7m6.7m4.8m3.7m2.5m2.2m1.8m1.5m3.2m2.8m2.4m
10/11 150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000
10 150,000150,000150,000150,000150,000--------------
100 150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000150,000
13 12.2m10.5m20.2m16.0m12.1m6.3m8.0m11.5m8.6m6.6m4.6m2.4m2.4m2.0m1.6m1.3m3.0m2.7m2.3m
130/1 15,00015,00015,00015,00015,00015,000-------------
130 15,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00015,000
132 5,4225,4225,4225,4225,4224,2112,933751,842750,764749,999749,999--------
133 12.2m10.5m20.1m16.0m12.1m6.3m8.0m10.7m7.8m5.8m3.8m2.4m2.4m2.0m1.6m1.3m3.0m2.6m2.3m
14 -----------1.2m-------
16 463,549425,526458,439405,325442,588331,487266,756361,406393,074417,777414,919340,187348,617331,787319,409196,024200,452230,534197,512
160/5 463,549425,526458,439405,325442,588331,487266,756361,406393,074417,777414,919340,187348,617331,787319,409196,024200,452230,534197,512
164/5 463,549425,526458,439405,325442,588331,487266,756361,406393,074417,777414,919340,187348,617331,787319,409196,024200,452230,534197,512
17/49 25.7m28.2m29.3m20.5m18.7m23.0m17.1m13.2m15.0m12.5m15.8m10.3m8.6m8.6m8.2m7.9m5.6m6.0m8.3m
17 ----------40,076200,380360,684520,988681,292841,5962,63195,226391,255
170/4 ----------40,076200,380360,684520,988681,292841,5962,63195,226391,255
173 ----------40,076200,380360,684520,988681,292841,5962,63195,226391,255
42/48 25.3m27.9m29.3m20.4m18.7m23.0m17.0m13.1m14.9m12.5m15.7m10.1m8.3m8.1m7.5m7.1m5.6m5.9m7.8m
42 ---------40,076160,304160,304160,304160,304160,304162,93692,595148,014148,014
43 ---------------33,428---
430/8 --------------033,428---
44 3.7m2.4m3.5m3.6m3.3m3.1m2.0m2.2m3.3m2.9m3.2m2.6m3.3m3.6m2.5m2.2m3.0m2.7m4.7m
440/4 3.7m2.4m3.5m3.6m3.3m3.1m2.0m2.2m3.3m2.9m3.2m2.6m3.3m3.6m2.5m2.2m3.0m2.7m4.7m
46 19.5m23.0m23.0m14.1m13.2m17.8m12.9m8.8m9.7m7.6m10.5m5.7m3.3m3.2m3.9m3.3m1.4m2.1m1.9m
45 2.1m2.5m2.7m2.6m2.2m2.1m2.1m2.1m2.0m1.9m1.8m1.6m1.6m1.1m921,6631.4m1.2m929,6751.0m
450/3 -336,773378,374364,805326,070265,859265,959255,474249,686407,896259,639260,883447,246315,247229,357646,456553,946282,807388,689
454/9 2.1m2.2m2.4m2.3m1.9m1.9m1.9m1.8m1.8m1.5m1.6m1.3m1.1m758,911692,307749,615607,707646,868625,930
47/48 12,16611,8918,86612,16612,16611,98411,52311,5239,900----------
492/3 341,187243,62341,08840,35133,57657,37130,38531,81733,15235,11135,9514,1331,2091,6851,2981,7822,5364,31793,596
Income statement
70/76A 46.7m47.7m48.1m41.0m39.9m40.2m27.9m35.9m28.3m30.5m35.5m23.8m24.2m22.3m21.0m19.8m20.2m23.2m19.9m
70 46.4m42.6m45.8m40.5m44.3m33.1m26.7m36.1m28.2m30.6m30.4m22.9m23.8m22.4m20.3m19.6m20.0m23.1m19.8m
71 -995,3733.9m1.1m-641,731-5.2m6.2m329,292-1.1m-722,518-1.0m3.3m--250,001-357,516595,9859,533---
74 1.3m1.2m1.1m1.1m884,617--------------
76A 22,35029,22020,653--39,75115,82928317,703-38012,500-6,810-10,25012,6045,0001,956
60/66A 40.2m42.1m42.3m35.6m31.9m35.6m25.6m31.6m25.0m27.1m32.3m21.9m22.8m20.9m20.0m19.0m19.5m22.8m19.4m
60 20.4m24.1m25.4m20.3m18.5m23.5m13.0m19.0m13.5m15.9m21.2m12.2m13.1m11.9m11.3m10.5m11.3m13.7m11.6m
600/8 21.7m22.7m26.6m21.0m18.6m23.5m13.4m18.0m14.6m16.2m21.3m12.3m13.1m12.0m11.3m10.5m11.2m13.6m11.6m
609 -1.3m1.3m-1.2m-713,071-83,24923,503-354,1451.1m-1.0m-259,852-84,960-144,66578,800-112,072-32,87867,2137,21277,5051,471
61 4.9m3.5m2.9m2.6m2.1m1.9m2.0m2.1m2.1m2.3m2.4m1.9m2.0m2.0m1.9m2.0m1.9m2.6m1.8m
62 14.1m14.2m13.6m12.3m10.6m9.6m9.9m9.9m9.0m8.6m8.4m7.7m7.4m6.8m6.5m6.2m6.1m6.2m5.7m
630 349,344338,497354,840404,157442,434476,057495,538499,442385,208215,631159,310144,749165,167175,879160,456182,193232,214279,224347,979
631/4 11,267---5,0891,764---5,000----1,5952,17846,93912,128--
635/8 38,023-32,91353,114-37,263111,10164,731-94,650-31,668-24,7032,85874,732-8,43016,83012,378123,385-4,428-30,082-30,535-20,539
640/8 361,58052,00889,19646,81592,14558,967159,17244,60530,55353,80561,62725,06263,94123,47023,10024,08827,30629,45040,665
66A 1,250---16,26112,26041,9552,337-18,71888-16,691--19,498-800-
9901 6.5m5.6m5.8m5.4m8.1m4.6m2.3m4.3m3.2m3.4m3.2m1.9m1.5m1.4m1.0m801,236672,754454,612479,633
75/76B 312,330601,738113,72216,24515,26310,70417,07821,20138,28950,20955,56161,96160,66270,42336,25524,68033,78856,41240,869
75 307,760595,841108,46711,45610,1775,70310,62114,75432,23750,20955,56161,96160,66270,42336,25524,68033,78856,41240,869
750 -0-----------------
751 294,528548,66375,4717455886557064,65126,57921,28425,24329,41129,17432,08528,45418,5129,15147,78016,998
752/9 13,23247,17832,99610,7119,5895,0489,91510,1025,65828,92530,31832,55031,48838,3387,8016,16824,6378,63223,871
76B 4,5705,8975,2554,7885,0855,0016,4566,4476,051----------
65/66B 160,871119,86998,98480,60673,19361,43256,05256,43757,637279,96872,78573,75482,50293,396117,175102,70874,42786,67071,284
65 160,871119,86998,98480,60673,19361,43256,05256,43757,63759,29672,78573,75482,50293,396117,175102,70874,42786,67071,284
650 158,250117,02487,73862,67256,37456,90553,73553,57155,06658,22968,47769,92377,76386,50496,05490,24969,23571,12068,016
652/9 2,6212,84411,24617,93316,8194,5272,3172,8662,5711,0674,3093,8314,7396,89221,12112,4595,19315,5503,267
66B ---------220,672---------
9903 6.6m6.0m5.8m5.3m8.0m4.5m2.3m4.2m3.2m3.2m3.2m1.9m1.4m1.3m955,631713,959644,718428,555451,174
67/77 1.9m1.7m1.6m1.5m2.1m1.3m821,3971.3m1.2m1.2m1.1m698,228553,310520,337361,689301,448258,308206,865176,738
670/3 1.9m1.7m1.6m1.5m2.1m1.3m821,3971.3m1.2m1.2m1.1m698,228555,006520,337377,641301,448258,308207,721179,349
77 --------3,486---1,697-15,952--8562,611
9904 4.7m4.3m4.2m3.9m5.9m3.3m1.5m2.9m2.0m2.0m2.0m1.2m861,790818,804593,942412,511386,410221,690274,436
789 ------749,999------------
689 ---01,2111,2781,0901,078766-749,999--------
9905 4.7m4.3m4.2m3.9m5.9m3.3m2.2m2.9m2.0m2.0m1.3m1.2m861,790818,804593,942412,511386,410221,690274,436
Appropriation of the result
9906 4.7m4.3m4.2m3.9m5.9m3.3m2.2m2.9m2.0m2.0m2.5m1.2m861,790818,804593,942412,511386,410221,690274,436
791/2 3.0m14.0m---5.0m5.0m---1.0m-500,000400,000300,0002.2m---
792 3.0m14.0m---5.0m5.0m---1.0m-500,000400,000300,0002.2m---
691/2 4.7m4.3m4.2m3.9m5.9m3.3m2.2m2.9m2.0m2.0m2.5m-861,790818,804593,942412,511386,410221,690274,436
6921 4.7m4.3m4.2m3.9m5.9m3.3m2.2m2.9m2.0m2.0m2.5m-861,790818,804593,942412,511386,410221,690274,436
694/7 3.0m14.0m---5.0m5.0m---1.0m-500,000400,000300,0002.2m---
694 3.0m14.0m---5.0m5.0m---1.0m-500,000400,000300,0002.2m---
Social balance sheet
9087 129.8130.3126.7119.6111.1104.310499.394.692.989.482.978.673.273.372.576.477.976.6
Men (FTE)1003 109.8110.2107.3102.196.391.19084.679.177.875.370.366.662.9-----
Women (FTE)1003 2020.119.417.514.813.21414.715.515.114.112.61210.3-----
Agency workers1501 00.50.71.10.40.10.10.30.50.20.40.20.810.40.5120
Hours worked1013 216,627214,341201,533190,789182,852164,985172,667167,074157,380157,719151,231137,252132,616121,224122,112121,143123,408134,162129,093
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 67 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 17-07-2026 2026-00304976 PDF
31-12-2024 full format 08-07-2025 2025-00242014 PDF
31-12-2023 full format 09-07-2024 2024-00224243 PDF
31-12-2022 full format 17-07-2023 2023-00240133 PDF
31-12-2021 full format 04-07-2022 2022-20154466 PDF
31-12-2020 full format 02-07-2021 2021-29000277 PDF
31-12-2019 full format 30-06-2020 2020-22500192 PDF
31-12-2018 full format 24-06-2019 2019-21600287 PDF
31-12-2017 full format 29-06-2018 2018-26500340 PDF
31-12-2016 full format 14-07-2017 2017-30900111 PDF
31-12-2015 full format 30-06-2016 2016-24100390 PDF
31-12-2014 full format 10-07-2015 2015-28700389 PDF
31-12-2013 full format 27-06-2014 2014-21900466 PDF
31-12-2012 full format 19-07-2013 2013-32900142 PDF
31-12-2011 full format 10-07-2012 2012-27800031 PDF
31-12-2010 full format 01-07-2011 2011-23300578 PDF
31-12-2009 full format 06-07-2010 2010-27900214 PDF
31-12-2008 full format 15-07-2009 2009-42100211 PDF
31-12-2007 full format 11-07-2008 2008-41000112 PDF
31-12-2006 full format 02-07-2007 2007-35000157 PDF
31-12-2005 full format 06-07-2006 2006-42102073 PDF
31-12-2004 full format 20-06-2005 2005-29000376 PDF
31-12-2003 full format 22-07-2004 2004-49103127 PDF
31-12-2002 full format 29-07-2003 2003-53203984 PDF
31-12-2001 full format 05-07-2002 2002-34404385 PDF
31-12-2000 full format 20-07-2001 2001-40803601 PDF
31-12-1999 full format 12-07-2000 2000-40503644 PDF
31-12-1998 full format 18-11-1999 1999-59203986 PDF
31-12-1997 abbreviated format 20-07-1998 1998-34304601 PDF
31-12-1996 abbreviated format 27-06-1997 1997-23500405 PDF
31-12-1995 abbreviated format 25-07-1996 1996-37203665 PDF

Subsidies and aid

Flemish government 2022 to 2025, 6 entries, €24,046 awarded, €24,013 paid

Vlaams opleidingsverlof (VOV)
€17,036
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€7,010
Year Entries AwardedPaid
2025 1 €1,353€1,353
2024 1 €8,239€8,239
2023 2 €7,151€7,151
2022 2 €7,303€7,270

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082006
6.8m5.9m6.1m5.8m8.5m5.1m2.8m4.8m3.6m3.6m3.4m2.0m1.6m1.5m1.2m983,428904,968733,836827,612
5.1m4.7m4.5m4.3m6.3m3.8m2.0m3.4m2.4m2.2m2.2m1.3m1.0m994,683754,398594,704618,624500,913622,415
304,846320,621147,502340,742222,55244,507435,724136,7072.4m1.2m688,858145,368122,67178,710347,46780,62394,574216,441302,037
4.1m-8.8m2.0m4.0m9.1m-8.3m-746,5807.3m-1.0m293,5322.2m223,5691.9m-623,525762,007907,785-553,642--
10.4m8.5m17.9m13.5m9.7m3.4m4.6m8.1m4.9m4.9m3.7m3.3m2.3m2.0m1.6m1.5m2.3m1.9m1.6m
14.0%13.1%12.6%13.3%18.2%13.9%8.8%11.8%11.4%11.2%10.6%8.2%6.1%6.0%5.1%4.1%3.4%2.0%2.4%
32.1%27.1%40.6%43.6%39.1%21.6%32.0%46.3%36.3%34.2%22.7%25.9%22.0%19.6%17.1%15.2%35.4%31.2%22.4%
1.411.301.611.661.521.151.271.621.331.391.241.331.281.241.211.221.411.321.20
1.020.961.351.431.260.741.111.470.991.080.981.261.211.131.061.141.301.221.11
2.082.651.441.271.523.592.101.131.711.863.322.773.403.954.685.421.762.123.39
38.2%40.7%20.5%23.9%47.8%51.1%18.2%25.0%23.2%29.2%43.0%31.6%34.0%37.6%33.8%28.2%12.1%7.9%11.2%
12.3%11.0%8.3%10.4%18.7%11.0%5.8%11.6%8.4%10.0%9.8%8.2%7.5%7.4%5.8%4.3%4.3%2.5%2.5%
43.1850.4669.7592.68over 10089.0952.7689.2265.1662.4549.2128.8220.8217.7012.4610.9013.0710.3212.17
74 days95 days157 days98 days80 days139 days84 days61 days117 days82 days106 days123 days93 days115 days94 days115 days117 days88 days143 days
53 days32 days46 days58 days58 days44 days49 days39 days76 days58 days50 days67 days79 days94 days69 days64 days83 days60 days129 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date133131129125117
full-time113117119118111
part-time20141076
in full-time equivalents129128.4127.1123.7115.9
129.8130.3126.7119.6111.1
On a permanent contract133131129125117
Joined1614151921
Left1412111115
Agency workers, average number00.50.71.10.4
Training hours5,6414,6433,1431,5421,576

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
€917,206€917,206€917,206€917,206€917,206
€2.5m€2.5m€2.5m€2.5m€2.5m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€277,947€311,899€147,502€340,742€222,552
Intangible fixed assets€26,899€8,723---
€349,344€338,497€354,840€404,157€442,434

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is Moore Audit.

Item20252024202320222021
Fee for the audit€18,000€17,500€17,500€17,500€17,500
Other work by the auditor€23,614€21,092€6,734€2,851€8,995
Work by persons linked to the auditor€11,069€14,713---

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on AZO

The operating result for 2025 is 17% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 71.8% to 66.7%. Equity is higher and debt is lower.

Board & ownership

Board

3 directors, 1 auditor, no change since June 2026
Lukas Zimmermann
Chair and director
chair appointed by deed of 22-07-2026 director since 27-06-2024 term until 27-06-2029
listed in the 2025 annual accounts, filed on 17-07-2026
ART Solutions BV
Director, permanent representative Pieter Vanneuville
since 27-06-2024 term until 27-06-2029
listed in the 2025 annual accounts, filed on 17-07-2026
Dennis Künkel
Director
appointed by deed of 22-07-2026
Moore Audit
Statutory auditor, permanent representative Bart Dauwen
current term since 23-06-2025 3-year term from 2025
listed in the 2025 annual accounts, filed on 17-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De Verkrijgende Vennootschap wordt op heden bestuurd door: -ART SOLUTIONS BV, bestuurder en gedelegeerd bestuurder, vast vertegenwoordigd…”
deed of 10-11-2025
Permanent representatives 1
Pieter Vanneuville
Permanent representative, for ART Solutions
appointed by deed of 22-10-2024

Office holders in the KBO →

Mandates through the years

15 names, the dashed line is today
Show
ART Solutions
Director
Lukas Zimmermann
Director, Chair
Dennis Künkel
Director
Moore Audit
Statutory auditor
Rainer Zimmermann
Director
Frank Opdebeeck
Director
Pieter Vanneuville
Director
VAN OEVELEN Wim
Director
Robert Zimmermann
Director
Verschelden - Walkiers & Co, Bedrijfsrevisoren BV CVBA
Statutory auditor
Ellen Hoekstra
Director
Petronella Hoekstra
Director
Jan Bogaert
Director
Emile Walkiers
Statutory auditor
Johan Van Mieghem
Statutory auditor
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • ART Solutions
    • Director, since before 31-12-2021
  • Lukas Zimmermann
    • Director, from 27-06-2024 to date
    • Chair, appointed by deed of 22-07-2026, still in office
  • Dennis Künkel
    • Director, appointed by deed of 22-07-2026, still in office
  • Moore Audit
    • Statutory auditor, appointed by deed of 19-07-2016, still in office
  • Rainer Zimmermann
    • Director, from before 20-06-2006 to 23-06-2026
    • Chair of the board, appointed by deed of 29-03-2018, ended, last mentioned on 11-03-2024
  • Frank Opdebeeck
    • Director, appointed by deed of 16-07-2010, until 27-06-2024
    • Managing director, appointed by deed of 16-07-2010, ended, last mentioned on 11-03-2024
  • Pieter Vanneuville
    • Director, from before 31-12-2021 to 01-03-2024
  • VAN OEVELEN Wim
    • Director, appointed by deed of 01-08-2013, until 01-03-2024
  • Robert Zimmermann
    • Chair of the board, from before 20-06-2006, ended, last mentioned on 19-07-2016
    • Director, from before 20-06-2006 to 19-03-2018
  • Verschelden - Walkiers & Co, Bedrijfsrevisoren BV CVBA
    • Statutory auditor, appointed by deed of 01-08-2013, until 22-06-2016
  • Ellen Hoekstra
    • Director, from before 20-06-2006 to 21-06-2013
  • Petronella Hoekstra
    • Director, from before 18-06-2010, no longer listed in the 2025 annual accounts
  • Jan Bogaert
    • Director, from before 20-06-2006 to 18-06-2010
    • Managing director, from before 20-06-2006, ended, last mentioned on 06-07-2006
  • Emile Walkiers
    • Statutory auditor, until 20-06-2006
  • Johan Van Mieghem
    • Statutory auditor, until 20-06-2006

See the board, name and registered office on a given date →

Control

Consolidating parent
AZO Holding GmbH DE
Source: parent in own accounts 2025
consolidates
This company
AZO
Equity €12.4m
Profit €4.7m in 2025

Capital

Capital
€150,000
Shares
6,000
Contribution per share
€25
Equity per share
€2,060 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
AZO Holding GmbH DE
consolidates
consolidates
AZO GmbH DE
consolidates until 2015
G.T.S.
34%
34% until 2009
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 11-03-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 09:00

Capital transactions

Shareholders according to the deeds
At incorporation deed of 10-11-2025 ↗
  • VERVAN (BE 0420.267.445) sole founder · 100% at incorporation
Capital over time
  1. 10-11-2025 Incorporation · €18,600 · 250 shares
  2. 11-03-2024 Capital stated in 2 deeds · €150,000 · 6,000 shares

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyAZO1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE VERVAN €144,239 result €4,570

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

Parent

AZO Holding GmbH
Germany

Earlier ties

LEVENSVREUGDE VERBLIJVEN
via Jan Bogaert, at AZO until 2010 · Director general and day-to-day manager · deed of 25-11-2024
founded in 1989
 156 FTE (2024)
MYRMEX
via Jan Bogaert, at AZO until 2010 · Permanent representative · deed of 21-06-2022
founded in 2021
 total assets €178,173 (2025)
JAN BOGAERT
via Jan Bogaert, at AZO until 2010 · Manager (not named in the articles) · deed of 10-12-2019
 founded in 2019
TSM
via Frank Opdebeeck, at AZO until 2024 · Manager · deed of 01-06-2021
No longer active

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2015 to 2025
Holdings through the years
Name20152016201720182019202020212022202320242025
Vervan 100%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate
Board mandates of AZOAZO sits on their board1
Vervan
Director
Founded in 1980 · total assets €145,546 (2025)

Acquisitions and mergers

1 transaction
Took over:VERVAN
BE 0420.267.445silent merger · proposal · Gazette deed of 10-11-2025 (2 deeds)

Connections & network

Depth
JAN BOGAERT, Shared director JBJAN BOGAERTLEVENSVREUGDE VERBLIJVEN, Shared director LVLEVENSVREUGDEVERBLIJVENMYRMEX, Shared director MMYRMEXTSM, Shared director TTSMAZO AZO0454.487.659
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

53 events since 1995

Deadline for the 2026 accounts: 31-07-2027

2026
2 directors appointed, 1 resignation, 1 statutory auditor reappointedReappointment: Moore Audit BV (statutory auditor) · Permanent representatives: Bart Dauwen and Pieter Vanneuville · Resignation: Rainer Zimmermann10 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBfull format · 14 days before the deadline
2025
Merger proposal: AZO takes over VERVANThe company holds all the shares of VERVAN · Founding capital of €18,600, 250 shares · The company is a shareholder of AZO8 points ▸
  • The company holds all the shares of VERVAN
  • Capital, €150,000, 6,000 shares
  • Board composition, ART SOLUTIONS BV (managing director)
  • Board composition, Rainer Zimmermann (director)
  • Board composition, Lukas Zimmermann (director)
  • Related document, 06-09-2025
  • Founding capital, €18,600, 250 shares
  • The company is a shareholder of AZO
  • The deed holds 13 more points.

Open the deed in the Belgian Official Gazette

Registered in the Peppol Directory Reachable for e-invoices through 0208:0454487659
Annual accounts 2024 filed PDFfull format · 23 days before the deadline
2024
Permanent representatives: Johan Van Mieghem, Bart Dauwen and Pieter Vanneuville3 points ▸
  • Permanent representative, Johan Van Mieghem
  • Permanent representative, Bart Dauwen
  • Permanent representative, Pieter Vanneuville
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2 directors appointed, 1 resignationResignation: Frank Opdebeeck · Appointments: Lukas Zimmermann and ART SOLUTIONS BV · Permanent representative: Pieter Vanneuville · General meeting of 27-06-202410 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 22 days before the deadline
2 directors resigning, 2 reappointmentsChanges of role: ZIMMERMANN Rainer Paul (chair of the board) and OPDEBEECK Frank Franciscus (gedelegeerd bestuurder bevoegd tot daden van dagelijks bestuur) · Resignations: VANNEUVILLE Pieter and VAN OEVELEN Wim · Reappointments: ZIMMERMANN Rainer Paul and OPDEBEECK Frank Franciscus14 points ▸

Open the deed in the Belgian Official Gazette

2023
3 directors appointed, 1 statutory auditor reappointed, 3 reappointmentsReappointments: Moore Audit BV (statutory auditor), Rainer Zimmermann (chair), Frank Opdebeeck (managing director) and Wim Van Oevelen · Permanent representative: Johan Van Mieghem · Appointments: Rainer Zimmermann (chair), Frank Opdebeeck (managing director) and Wim Van Oevelen · General meeting of 22-06-202319 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 14 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 27 days before the deadline
Appointment: Pieter Vanneuville (director)General meeting of 21-03-20226 points ▸

Open the deed in the Belgian Official Gazette

2021
Highest result from 2006 to 2025 net €5.9m ▲78.9% The operating result of €8.1m and the net result of €5.9m are both a record.
Annual accounts 2020 filed PDFfull format · 29 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 31 days before the deadline
2019
1 statutory auditor appointedMoore Stephens Audit CVBA (statutory auditor) · Permanent representatives: Johan Van Mieghem and Bart Dauwen3 points ▸
  • Auditor appointment, Moore Stephens Audit CVBA (statutory auditor)
  • Permanent representative, Johan Van Mieghem
  • Permanent representative, Bart Dauwen

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFfull format · 37 days before the deadline
2018
Equity above €10m equity €11.7m ▲33.3% Equity rises from €8.7m to €11.7m.
Power of attorney: Patricia Mathelin1 point ▸
  • Power of attorney, Patricia Mathelin

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFfull format · 32 days before the deadline
New chair of the boardRainer Zimmermann appointed, Robert Zimmermann resigned · Board meeting of 13-07-20173 points ▸

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFfull format · 17 days before the deadline
2016
Equity above €5m equity €6.7m ▲41.2% Equity rises from €4.8m to €6.7m.
Purpose change“De vennootschap heeft tot doel in België en in het buitenland: 1) De aankoop, de verkoop, de bemiddeling tot…” (deed in Dutch) · General meeting of 12-10-20165 points ▸
  • General meeting, 12-10-2016
  • Purpose change, “De vennootschap heeft tot doel in België en in het buitenland: 1) De aankoop, de verkoop, de bemiddeling tot verkoop, de import, de export, de distributie, de c…” (deed in Dutch)
  • Power of attorney, Tanja De Naeyer
  • Power of attorney, Julie De Roy
  • Power of attorney, Patricia Mathelin

Open the deed in the Belgian Official Gazette

1 statutory auditor appointed, 4 directors reappointedReappointments: Robert Zimmermann (chair of the board), Rainer Zimmermann, Frank Opdebeeck (managing director) and Wim Van Oevelen · Appointment: Moore Stephens Audit BV CVBA (statutory auditor) · Permanent representative: Johan Van Mieghem · General meeting of 22-06-201614 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2015 filed PDFfull format · 31 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 21 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 34 days before the deadline
2013
1 director appointed, 1 statutory auditor appointed, 1 resignationResignation: Ellen Hoekstra · Appointments: Wim Van Oevelen and Verschelden - Walkiers & Co, Bedrijfsrevisoren BV CVBA (statutory auditor) · Permanent representative: Johan Van Mieghem · General meeting of 21-06-20137 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2012 filed PDFfull format · 12 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 21 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 30 days before the deadline
2010
Appointment: Walkiers & Co (statutory auditor)General meeting of 18-06-20102 points ▸
  • General meeting, 18-06-2010
  • Auditor appointment, Walkiers & Co (statutory auditor)

Open the deed in the Belgian Official Gazette

3 directors appointed, 3 resignationsChange of role: Robert Zimmermann, from director to chair of the board · Resignations: Jan Bogaert, Petronella Hoekstra and Rainer Zimmermann · Appointments: Rainer Zimmermann, Frank Opdebeeck (managing director) and Petronella Hoekstra · General meeting of 18-06-201018 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2009 filed PDFfull format · 25 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 16 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 20 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 29 days before the deadline
2006
2 statutory auditors resigning, 4 directors reappointedReappointments: Jan Bogaert (managing director), Ellen Hoekstra, Robert Zimmermann (chair of the board) and Rainer Zimmermann · Resignations: Emile Walkiers (statutory auditor) and Johan Van Mieghem (statutory auditor) · Mandate compensation: Jan Bogaert · General meeting of 20-06-200614 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Incorporation published on 02-03-1995
First establishment Katwilgweg 15, Antwerp

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 February 1995, AZO was incorporated.1 Today the board has 3 members.2 Turnover went from €36.1m in 2018 to €46.4m in 2025 and headcount from 99.3 to 130 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-07-2026
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0454.487.659
VAT number
BE 0454.487.659
Peppol ID
0208:0454487659
Other Peppol ID
9925:BE0454487659
Legal form
Public limited company
Status
Active, normal situation
Founded
01-02-1995
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 09:00
deed of 11-03-2024 (in Dutch)
Peppol
Reachable since 30-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
AZO in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-03-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Katwilgweg 15, 2050 Antwerpen”
deed of 11-03-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
28990 Manufacture of machinery and equipment not elsewhere classified main activity
33200 Installation of industrial machinery and equipment
43990 Other specialised construction activities
46649 Wholesale of other machinery and equipment
71121 Engineering and related technical consultancy, excluding land surveyors
Social security (RSZ) activities
71121 Engineering and related technical consultancy, excluding land surveyors main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
JC 149.04 Metal trade
Codes under NACEBEL 2008
VAT activities
28990 Manufacture of machinery and equipment not elsewhere classified main activity
33200 Installation of industrial machinery and equipment
43999 Specialised construction activities
46699 Wholesale trade
71121 Engineering activities
Social security (RSZ) activities
71121 Engineering activities main activity
Codes under NACEBEL 2003
VAT activities
45250
Social security (RSZ) activities
74203 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De aankoop, de verkoop, de bemiddeling tot verkoop, de import, de export, de distributie, de commercialisering, de algemene…”
4 activities
  1. De aankoop, de verkoop, de bemiddeling tot verkoop, de import, de export, de distributie, de commercialisering, de algemene vertegenwoordiging van machines en installaties voor de industrie in de meest ruime betekenis;
  2. De organisatie en het verlenen van een service, een naverkoopdienst alsmede het ontwikkelen van alle rechtstreeks of onrechtstreeks ondersteunende activiteiten met betrekking tot de activiteit omschreven in voorgaande paragraaf;
  3. Het ontwerpen, monteren en opstarten van de hoger omschreven installaties en dit door eigen personeel of door derden;
  4. Het verwerven, vervreemden, uitbaten, valoriseren, verkavelen, uitrusten, ordenen, het oordeelkundig uitbouwen, het beheren en verhandelen van een onroerend vermogen; het oprichten van gebouwen, alle verrichtingen, studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, het oprichten van, de aanpassing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten, onder meer recht van opstal, onroerende leasing.
deed of 10-11-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Katwilgweg 15 registered office 2050 Antwerp 01-02-1995 2.070.695.325

Buildings and parcels at the address

Ground area
6,363 m²
Buildings
1,540 m²
Volume, LiDAR
10,315 m³
Tallest building
9.0 m
Buildings to scale, each on its own parcel
1,540 m², 9.0 m 1,540 m², 9.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11813N0223/00Z0026,363 m² 1 · 1,540 m² 9.0 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0454.487.659

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