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Azelis Group

Group · 11 companies · 5 countries

Azelis Group and the 10 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure All groups
Companies
11
5 in Belgium, 6 abroad
Countries
5
Belgium, Australia, India, ...
Total assets
€14.00bn
what the companies own together
Equity
€11.99bn
the shareholders' buffer
Net result
€24.9m
profit or loss of the year
Staff (FTE)
157
in Belgium, social balance

Sum of the filed annual accounts of 5 of the 5 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Azelis Group also files consolidated accounts (fiscal year 2025): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

61/100 median score
  • The parent itself: Azelis Group, no verdict.
  • 1 company with a loss in the latest year: Azelis Finance (-€1.3m).
  • 54.9% of the added-up total assets sits in one company: Azelis Finance.
  • None of the added-up total assets sits at a company with an elevated or high risk.

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • Azelis Group7 subsidiaries
    BE 0769.555.240Parent
    No verdict€6.15bn €6.07bn 2025
    • Azelis Finance
      BE 0769.621.754
      No verdict€7.68bn €5.85bn 2025
    • ASHAPURA AROMAS PRIVATE LIMITED
      IN Mumbai, Indiaindirect
    • AZELIS (INDIA) PRIVATE LIMITED
      IN Navi Mumbai, India
    • AZELIS AUSTRALIA PTY LIMITED
      AU Sydney, Australiaindirect
    • Azelis S.A.1 subsidiary
      LU Luxembourg, LuxembourgLEI lapsed
    • AZELIS SOUTH AFRICA (PTY) LTD
      ZA Umhlanga Ridge, South Africa
    • CHEMIPLAS AUSTRALIA PTY LTD
      AU East Melbourne, AustraliaindirectLEI lapsed

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

3

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. 3 directors appointed
    Director changeAzelis Group
  2. Authorised capital
    Capital changeAzelis Group
  3. 2 directors appointed, 1 director resigning
    Director changeAzelis Group
  4. 1 director appointed, 1 director resigning
    Director changeAzelis Products International
  5. Basak Vural appointed as director
    Director changeAZELIS BENELUX

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 29-09-2026

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