Financials · financial year 2025, full format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00537197.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 23 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €71,619, after a loss of €49,284 in 2024. It is the highest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 6 | 5 | 5 | 5 |
| full-time | 6 | 6 | 5 | 5 | 5 |
| in full-time equivalents | 6 | 6 | 5 | 5 | 5 |
| Average over the year, in full-time equivalents | 6 | 6 | 5 | 5 | 5 |
| On a permanent contract | 6 | 6 | 5 | 5 | 5 |
| Joined | - | - | 0 | - | - |
| Left | - | - | 1 | - | - |
| Training hours | - | - | 6 | 24 | 16 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Intangible fixed assets | €356,145 | €378,760 | €308,582 | €174,576 | €327,150 |
| Depreciation and write-downs of the year | €358,397 | €398,378 | €420,836 | €353,069 | €264,967 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €2,500 | €2,625 | €2,900 | €3,118 | €3,081 |
| Other work by the auditor | €2,953 | €1,181 | - | - | - |
| Work by persons linked to the auditor | - | - | - | €1,153 | €1,153 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Comparable companies
These companies have the same main activity as AZOLLA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €4.8m and €8.8m, founded between 1999 and 2005.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| AZOLLA Aalst | 2002 | €5.9m | €2.6m | €0.6m | -€0.009m | 5 | 2025 |
| REMIC Aalter | 1999 | €7.1m | €2.9m | €1.0m | €17.1m | 3.8 | 2025 |
| MOVO Nieuwpoort | 2001 | €6.2m | €2.3m | €1.0m | €0.1m | 6.3 | 2025 |
| POSA Roeselare | 2002 | €4.8m | €4.7m | €0.6m | -€0.07m | 3.1 | 2025 |
| TIME ZONE Ranst | 2005 | €7.3m | €6.4m | €0.5m | €0.06m | 3.7 | 2025 |
| SOVA-CONSULT Tielt | 2003 | €8.8m | €8.5m | €0.7m | €0.6m | 6 | 2025 |
| DIFFERENT HOTEL GROUP Genk | 2001 | €5.0m | €2.8m | €1.1m | €0.5m | 4.3 | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.9m | €0.6m | €0.8m | €0.8m | €0.9m | ▲ 10.3% |
| Turnover70 | €0.6m | €1.1m | €0.5m | €0.7m | €0.3m | €0.6m | €0.6m | €0.6m | ▲ 9.8% |
| Own construction capitalised72 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 12.8% |
| Other operating income74 | - | - | - | €0.05m | €0.06m | €0.05m | €0.05m | €0.05m | ▲ 8.5% |
| Operating charges60/66A | - | - | - | €0.8m | €1.0m | €0.9m | €0.8m | €0.8m | ▼ 5.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €0.1m | €0.05m | - | - | - |
| Purchases600/8 | - | - | - | - | €0.1m | €0.05m | - | - | - |
| Services and other goods61 | - | - | - | €0.08m | €0.06m | €0.07m | €0.07m | €0.07m | ▼ 0.3% |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 25.0% |
| Other operating charges640/8 | - | - | - | €0.001m | €442 | €491 | €0.004m | €0.02m | ▲ 260% |
| Operating profit (loss)9901 | €0.3m | €0.8m | -€0.2m | €0.07m | -€0.4m | -€0.1m | -€0.05m | €0.07m | - |
| Recurring financial income75 | €0.01m | €0.02m | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.06m | €0.07m | €0.08m | €0.08m | €0.08m | ▲ 1.3% |
| Recurring financial charges65 | €0.09m | €0.1m | €0.06m | €0.06m | €0.07m | €0.08m | €0.08m | €0.08m | ▲ 1.3% |
| Debt charges650 | €0.09m | €0.1m | €0.06m | €0.06m | €0.07m | €0.08m | €0.08m | €0.07m | ▼ 4.5% |
| Other financial charges652/9 | - | - | - | €0.001m | €0.001m | €0.001m | €0.002m | €0.006m | ▲ 285% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.7m | -€0.2m | €0.004m | -€0.5m | -€0.2m | -€0.1m | -€0.009m | ▲ 93.2% |
| Income taxes67/77 | €267 | €43 | - | - | €0.001m | -€274 | - | - | - |
| Taxes670/3 | - | - | - | - | €0.001m | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | €274 | - | - | - |
| Profit (loss) for the period9904 | €0.2m | €0.7m | -€0.2m | €0.004m | -€0.5m | -€0.2m | -€0.1m | -€0.009m | ▲ 93.2% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.7m | -€0.2m | €0.004m | -€0.5m | -€0.2m | -€0.1m | -€0.009m | ▲ 93.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €7.0m | €7.8m | €6.2m | €6.2m | €6.2m | €6.3m | €5.8m | €5.9m | ▲ 1.6% |
| Fixed assets21/28 | €6.2m | €6.3m | €6.2m | €6.2m | €6.2m | €6.0m | €5.8m | €5.9m | ▲ 1.1% |
| Intangible fixed assets21 | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | €0.8m | €0.6m | €0.7m | ▲ 9.8% |
| Financial fixed assets28 | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Affiliated companies280/1 | - | - | - | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Participating interests280 | - | - | - | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Current assets29/58 | €0.8m | €1.5m | €0.02m | €0.01m | €0.08m | €0.3m | €0.01m | €0.04m | ▲ 222% |
| Amounts receivable within one year40/41 | €0.8m | €1.5m | €0.006m | €0.007m | €0.08m | €0.3m | €0.006m | €0.04m | ▲ 510% |
| Trade receivables40 | - | - | - | - | €0.05m | €0.2m | - | €0.03m | - |
| Other amounts receivable41 | - | - | - | €0.007m | €0.03m | €0.05m | €0.006m | €0.007m | ▲ 8.0% |
| Cash at bank and in hand54/58 | €0.002m | €0.009m | €0.006m | €0.003m | €0.001m | €0.001m | €0.007m | €0.005m | ▼ 28.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.003m | €0.001m | €0.001m | €0.001m | ▲ 0.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €7.0m | €7.8m | €6.2m | €6.2m | €6.2m | €6.3m | €5.8m | €5.9m | ▲ 1.6% |
| Equity10/15 | €2.9m | €3.6m | €3.4m | €3.4m | €2.9m | €2.7m | €2.6m | €2.6m | ▼ 0.3% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €2.7m | €2.7m | €2.7m | €2.7m | €2.7m | €2.7m | €2.5m | €2.5m | ▼ 0.3% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €2.7m | €2.7m | €2.7m | €2.5m | €2.5m | ▼ 0.3% |
| Profit (loss) carried forward14 | €0.2m | €0.9m | €0.7m | €0.7m | €0.2m | - | - | - | - |
| Amounts payable17/49 | €4.1m | €4.2m | €2.8m | €2.8m | €3.3m | €3.6m | €3.3m | €3.4m | ▲ 3.1% |
| Amounts payable within one year42/48 | €4.1m | €4.2m | €2.8m | €2.8m | €3.3m | €3.6m | €3.3m | €3.4m | ▲ 3.1% |
| Trade debts44 | €0.2m | €0.09m | €0.1m | €0.1m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 129% |
| Suppliers440/4 | - | - | - | €0.1m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 129% |
| Taxes, remuneration and social security45 | - | - | - | €0.09m | €0.08m | €0.09m | €0.2m | €0.1m | ▼ 27.9% |
| Taxes450/3 | - | - | - | €0.02m | €0.03m | €0.01m | €0.05m | €0.04m | ▼ 29.5% |
| Remuneration and social security454/9 | - | - | - | €0.07m | €0.06m | €0.08m | €0.1m | €0.07m | ▼ 27.1% |
| Other amounts payable47/48 | - | - | - | €2.6m | €2.9m | €3.3m | €3.0m | €3.0m | ▲ 0.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.7m | -€0.2m | €0.004m | -€0.5m | -€0.2m | -€0.1m | -€0.009m | ▲ 93.2% |
| + Depreciation and write-downs630 | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 25.0% |
| Operating cash flow (approximation) | €0.5m | €1.0m | €0.1m | €0.4m | -€0.1m | €0.2m | €0.2m | €0.3m | ▲ 14.2% |
| Investment in fixed assets (approximation) | - | -€0.4m | -€0.2m | -€0.4m | -€0.4m | -€0.2m | -€0.2m | -€0.3m | ▼ 87.4% |
| Change in cash | - | €0.007m | -€0.003m | -€0.002m | -€0.003m | €446 | €0.005m | -€0.002m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-09-2026 | 2026-00537197 | NBB |
| 31-12-2024 | full format | 06-10-2025 | 2025-00534503 | |
| 31-12-2023 | full format | 16-09-2024 | 2024-00462304 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00428443 | |
| 31-12-2021 | full format | 29-07-2022 | 2022-20247857 | |
| 31-12-2020 | full format | 08-11-2021 | 2021-76900269 | |
| 31-12-2019 | full format | 08-10-2020 | 2020-60400511 | |
| 31-12-2018 | full format | 29-07-2019 | 2019-40900451 | |
| 31-12-2017 | full format | 27-07-2018 | 2018-39600453 | |
| 31-12-2016 | full format | 11-07-2017 | 2017-30700179 |