Losses
-€499,480 in 20 years
Every financial year from 2006 to 2025 closed with a loss. 2023 was the heaviest.
AZUL
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €10,266 (2021)
€3,246▲ 49.6%
lowest -€37,752 (2023)
-€25,188▲ €488
peak €438,893 (2024)
€413,705▼ 5.7%
€396,623▲ 0.2%
Board2 names since 2017
1 director
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Gross margin from €2,170 to €3,246Loss of €25,188Cash from €10,310 to €5,029
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as AZUL has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 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 8,617 companies, not a prediction for AZUL. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475590505
New director
appointed, resigned · Auditor report: €483,500 · Legal-form conversion: from public limited company to private limited company · General meeting of 21-12-2023 · Gazette deed
Reappointment: (managing director)
General meeting of 03-06-2023 · Gazette deed
2 directors reappointed
(managing director) and · Permanent representative: · General meeting of 03-06-2017 · Gazette deed
Official details
Source: KBO- Status
- Active since 07-09-2001Normal situation
- Activity
- “Het in patrimonium houden van alle mogelijke onroerende goederen;” (deed in Dutch)From the articles, 9 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.095.250.9739940 Evergem, since 10-10-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on AZUL
AZUL files the abbreviated format. That format states no turnover. The gross margin rose from €1,511 in 2006 to €3,246 in 2025.
The balance sheet grew most in 2024 through fixed assets.
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 AZUL
- What is the company number of AZUL?
- The company number of AZUL is 0475.590.505. The VAT number is the same number with BE in front: BE 0475.590.505.
- Where is AZUL based?
- The registered office is at Droogte 91, 9940 Evergem.Company details
- What is the legal form of AZUL?
- AZUL is a private limited company (BV).
- When was AZUL founded?
- AZUL was founded on 07-09-2001.
- Is AZUL still active?
- Yes, AZUL is an active enterprise in the KBO register.
- What is the turnover of AZUL?
- The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €3,246 and 2,730 comparable companies of the same size. It probably lies between €9,200 and €55,000. It is a rough estimate.Financials
- Is AZUL profitable?
- In financial year 2025, AZUL made a loss of €25,188.
- Where can I find the annual accounts of AZUL?
- AZUL filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AZUL due?
- AZUL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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