Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AZIMUT from Elsene, company number BE0418910039, closed financial year 2025 with a result of € 261,624 after tax. For that financial year AZIMUT recorded a gross margin of € 2.4 million and equity of € 607,992. Compared with financial year 2024, the result moved from € -186,687 to € 261,624. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 607,992
▲ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 261,624
▲ still € 186,687 loss in 2024
Profit after tax over the fiscal year.
€ 602,155
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 196,775.
People and assets in 2025
22.1
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 3% vs 2024
€ 51,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,075
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.3 million
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 149,268
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,121
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,505 | € 1,980,683 | € 1,969,422 | € 2,446,068 | ▲ 24% |
| Profit after taxes | € -208,976 | € -974,458 | € -186,687 | € 261,624 | ▲ € 448,311 |
| Equity | € 1,507,513 | € 533,055 | € 346,368 | € 607,992 | ▲ 76% |
| Total debts | € 1,615,314 | € 7,416,261 | € 7,672,957 | € 6,571,507 | ▼ 14% |
| Cash | € 223,472 | € 900,085 | € 1,530,138 | € 602,155 | ▼ 61% |
| Land & buildings | € 1,376,788 | € 4,581,653 | € 4,307,232 | € 4,773,477 | ▲ 11% |
| Retained profit | € 1,038,921 | € 83,588 | € -83,974 | € 196,775 | ▲ € 280,749 |
| Bank debt | € 1,367,514 | € 4,600,000 | € 4,600,000 | € 4,292,254 | ▼ 7% |
| Balance sheet total | € 3,122,827 | € 7,949,316 | € 8,019,325 | € 7,179,499 | ▼ 10% |
| Employees (FTE) | - | 18 | 21.2 | 22.1 | ▲ 0.9 |
Key figures of AZIMUT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AZIMUT?
What happened at AZIMUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 261,624. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 208,976 loss in 2022 to € 261,624 profit in 2025.
Best year ever: 2025, with € 261,624 profit.
On average € 110,700 of value added per employee in 2025.
A new publication or filing at AZIMUT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CH4 Belgique comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AZIMUTBehind AZIMUT is CH4 BELGIQUE SRL. The shares are held by CH4 Belgique (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
de Stassartstraat 43
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
aqua-hotel-brussels.com
Registered
2009-10-21
Registrar
Gandi SAS
Expires
2026-10-21
Website info
Features
Details
- Company number
- 0418.910.039
- VAT number
- BE 0418.910.039
- Registered office
- de Stassartstraat 43, 1050 Elsene
- Names & denominations
- AZIMUT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1978
- Peppol
- Active · Active since 13 Jun 2025
- Contact
- aqua-hotel-brussels.com
- Activities · NACE
Hotels en dergelijke accommodatie