Azulatis
Board
4 directors, 2 in day-to-day management, 1 auditor, no change since June 2026Director
current term since 27-06-2025
term until 13-06-2031
listed in the 2025 annual accounts, filed on 17-06-2026
Director
current term since 27-06-2025
6-year term from 2025
earlier ceo ad interim, from 01-07-2024 to 01-02-2025
listed in the 2025 annual accounts, filed on 17-06-2026
Director, permanent representative AUDENAERT Filip Maurice Gregoire
since 27-06-2025
6-year term from 2025
listed in the 2025 annual accounts, filed on 17-06-2026
CEO
appointed by deed of 30-04-2025
earlier CEO and day-to-day manager, until 01-02-2025
also on the board of 4 other companies
AXANTIS BV
CEO and day-to-day manager, permanent representative Ann DE BAL
appointed by deed of 08-07-2025
also on the board of 1 other company
Statutory auditor, permanent representative Dave Minnoy
appointed by deed of 29-07-2026
3-year term from 2026
- Ann De Bal, AXANTIS
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “waarmee hij/zij in het benoemingsbesluit wordt aangeduid. De raad van bestuur, evenals de gevolmachtigden voor het dagelijks bestuur binnen…”deed of 15-07-2025
Permanent representatives 2
Permanent representative, for AXANTIS
appointed by deed of 08-07-2025
also on the board of 4 other companies
Mandates through the years
15 names, the dashed line is todayAsselman Luc
Director
Director
CALLENS Lien
Director
Director
TINC
Director
Director
Philippe Geurts
Director
Director
Ann De Bal
CEO
CEO
AXANTIS
CEO and day-to-day manager
CEO and day-to-day manager
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Statutory auditor
Statutory auditor
Stéphanie Dobbelaere
Director
Director
KPMG Bedrijfsrevisoren BV/SRL
Statutory auditor
Statutory auditor
Pieter Verbeke
Ceo belast met het dagelijks bestuur
Ceo belast met het dagelijks bestuur
llse TANT
Director
Director
Vermeulen Brecht
Chair of the board
Chair of the board
Sammy Wuyts
Director
Director
TANT Ilse
Director
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
- Asselman Luc
- Director, from 22-12-2022 to date
- CALLENS Lien
- Director, from 22-12-2022 to date
- Ceo ad interim, appointed by deed of 27-11-2024, until 01-02-2025
- TINC
- Director, from 27-06-2025 to date
- Philippe Geurts
- Director, appointed by deed of 29-07-2026, still in office
- Ann De Bal
- CEO and day-to-day manager, until 01-02-2025
- CEO, appointed by deed of 30-04-2025, still in office
- AXANTIS
- CEO and day-to-day manager, appointed by deed of 08-07-2025, still in office
- BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
- Statutory auditor, appointed by deed of 29-07-2026, still in office
- Stéphanie Dobbelaere
- Director, appointed by deed of 15-07-2025, until 15-06-2026
- KPMG Bedrijfsrevisoren BV/SRL
- Statutory auditor, from before 31-12-2023 to 29-05-2026
- Pieter Verbeke
- Ceo belast met het dagelijks bestuur, appointed by deed of 23-02-2024, until 01-07-2024
- Frank De Poortere
- Ceo ad interim, appointed by deed of 08-03-2023, until 23-02-2024
- Coo, appointed by deed of 23-02-2024, ended, last mentioned on 23-02-2024
- llse TANT
- Director, until 23-02-2024
- Vermeulen Brecht
- Chair of the board, from 23-12-2022, no longer listed in the 2025 annual accounts
- Director, from 23-12-2022, no longer listed in the 2025 annual accounts
- Sammy Wuyts
- Director, from 22-12-2022, no longer listed in the 2025 annual accounts
- TANT Ilse
- Director, from 22-12-2022, no longer listed in the 2025 annual accounts
Control
Parent
Equity €1.29bn
Profit €24.1m in 2025 (loss €6.7m in 2024)
Checked score 89
51%
This company
Azulatis
Equity €19.7m
Loss €88,862 in 2025
Capital
- Capital
- €23,568,016.25
- Shares
- 9,607,943 in the 2023 annual accounts and 1 later capital increase
- Contribution per share
- €2.45
- Equity per share
- €2.05 in 2025
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- Vlaamse Maatschappij voor Watervoorziening
- TINC
Source: shareholder structure in its own accounts
Articles of association
deed of 15-07-2025 (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.
- Second Friday of June at 09:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Te allen tijde ontbonden door besluit algemene vergadering die beraadslaagt op wijze door wet vereist en zonder afbreuk artikel 22,of…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering kan bevoegdheden te allen tijde bij gewone meerderheid beperken zonder afbreuk artikel 22, aandeelhouders verdelen…”
Shareholders
2 ownersOwners 2
- Equity €1.29bn Profit of €24.1m in 2025 (loss of €6.7m in 2024) Checked score 8951%
-
49%
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 15-07-2025 ↗
- enige aandeelhouder van de Vennootschap all shares
At incorporation
deed of 28-12-2022 ↗
- Vlaamse Maatschappij voor Watervoorziening (BE 0224.771.467) sole founder · 100% at incorporation
Capital over time
- 15-07-2025 Capital increase of €11,013,107 · to €22,475,728.65 · 9,607,843 new shares at €1.15 per share · in cash
- 28-12-2022 Incorporation · €12,555,000 · 100 shares