Equity
€3,514 ▼ 26.5%
Azobé paid out €8,200 in dividends. That is 118% of the 2025 profit.
Azobé
Lifetime
5 annual accounts with figures on one time axispeak €24,798 (2021)
€17,383▲ 54.1%
peak €15,851 (2021)
€6,934▲ 485%
peak €24,896 (2023)
€3,514▼ 26.5%
€42,508▲ 40.0%
Board1 name since 2021
1 director
Documentsfilings and deeds
20-06-202641 days before the deadline
2025micro format
Gross margin from €11,280 to €17,383Result from €1,184 to €6,934Dividend €8,200Equity from €4,780 to €3,514Debts from €30,363 to €42,508Cash from €18,635 to €34,957
Key points
from the 2025 annual accountsDebts
€42,508 92% of the balance sheet
Suppliers 28%Taxes and wages 6%Other 66%
Position in the sector
€3,514
Less equity than 88% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as Azobé has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,153 companies, not a prediction for Azobé. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0764401768
Incorporation
Founder: · 100 shares · Appointment: (director) · published on 02-03-2021 · Gazette deed
First establishment
Gaversesteenweg 647, Merelbeke-Melle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Azobé Merelbeke-Melle | €46,022 | €17,383 | 7.6% | - |
| Vercamer Gert Steenkorven Stekene | €39,847 | €17,722 | 9.2% | - |
| N.C.A.S. Aalter | €43,930 | €22,424 | 74.9% | - |
| Electro en Klusjes Blankenberge | €42,889 | €15,765 | 17.3% | - |
| Schrijnwerk De Voorhaven Ostend | €52,776 | €19,004 | 50.6% | 0.5 |
| Big Wood Jodoigne | €52,138 | €19,634 | 18.3% | - |
| O'K Menuiserie Péruwelz | €45,154 | €14,194 | 62.0% | - |
These companies have the same main activity as Azobé: joinery installation (NACE 43320). They are comparable in size and age: total assets between €39,800 and €52,800, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 26-02-2021Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.313.987.3599820 Merelbeke-Melle, since 26-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Annual accounts 2025
- ≈ €180,000estimated
- €46,022▲ 31.0%
- Filing
- Filed on 20-06-2026, 41 days before the end of the filing period
Insights on Azobé
Azobé files the micro format. That format states no turnover. The gross margin fell from €24,798 in 2021 to €17,383 in 2025.
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 Azobé
- What is the company number of Azobé?
- The company number of Azobé is 0764.401.768. The VAT number is the same number with BE in front: BE 0764.401.768.
- Where is Azobé based?
- The registered office is at Gaversesteenweg 647, 9820 Merelbeke-Melle.Company details
- What does Azobé do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Azobé?
- Azobé is a private limited company (BV).
- When was Azobé founded?
- Azobé was founded on 26-02-2021.
- Is Azobé still active?
- Yes, Azobé is an active enterprise in the KBO register.
- What is the turnover of Azobé?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €17,383 and 56 comparable companies (NACE 43320). It probably lies between €110,000 and €340,000. It is a rough estimate.Financials
- Is Azobé profitable?
- In financial year 2025, Azobé made a profit of €6,934.
- Where can I find the annual accounts of Azobé?
- Azobé filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Azobé due?
- Azobé 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 Check whether you can trust this company with building work.Contractor 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 Compare this company with its sector.Sector benchmark
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