AZAD is a supermarket in Waterloo. Private Limited, started on 19 October 1993, 1 establishment.

What is the address of AZAD?

The registered office of AZAD is located at Chaussée de Tervuren 80, 1410 Waterloo.

Is AZAD still active?

Yes. According to the CBE (31 October 2026) AZAD is active, legal situation “Normale toestand”, started on 19 October 1993.

Is AZAD registered on Peppol?

Yes, AZAD is registered on the Peppol network with ID 0208:0451230835.

What is the enterprise number of AZAD?

The enterprise number of AZAD is BE0451230835.

When was AZAD founded?

AZAD was founded on 19 October 1993.

Who are the directors of AZAD?

According to the 2025 annual accounts, the directors of AZAD are: Rouzbeh Ettekal.

Is AZAD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 October 1993; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did AZAD make in 2025?

AZAD recorded a loss after taxes of € 23,487 in financial year 2025.

What is the revenue of AZAD?

As a small company, AZAD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -23,663.

AZAD (Private Limited) - Waterloo - BE0451230835

Dossier AZAD, printed on 31 October 2026 from databakkes.be/en/0451230835/azad. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

AZAD from Waterloo, company number BE0451230835, closed financial year 2025 with a result of € -23,487 after tax. For that financial year AZAD recorded a gross margin of € -23,663 and equity of € 40,405. Compared with financial year 2024, the result moved from € 13,993 to € -23,487. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Healthy

€ 40,405

▼ 37% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -23,487

▼ still € 13,993 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 0

▼ 100% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 21,813.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 853

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 4,998

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1,778

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 29,835 Gross margin 2022: € 29,835 First fiscal year in the series	€ -107 Gross margin 2023: € -107 ▼ € 29,942 vs 2022 (€ 29,835) Unfavourable step	€ 17,366 Gross margin 2024: € 17,366 ▲ € 17,474 vs 2023 (€ -107) Favourable step	€ -23,663 Gross margin 2025: € -23,663 ▼ € 41,030 vs 2024 (€ 17,366) Unfavourable step	▼ € 41,030
Profit after taxes	€ 24,985 Profit after taxes 2022: € 24,985 First fiscal year in the series	€ -1,083 Profit after taxes 2023: € -1,083 ▼ € 26,068 vs 2022 (€ 24,985) Unfavourable step	€ 13,993 Profit after taxes 2024: € 13,993 ▲ € 15,077 vs 2023 (€ -1,083) Favourable step	€ -23,487 Profit after taxes 2025: € -23,487 ▼ € 37,480 vs 2024 (€ 13,993) Unfavourable step	▼ € 37,480
Equity	€ 50,981 Equity 2022: € 50,981 First fiscal year in the series	€ 49,898 Equity 2023: € 49,898 ▼ 2% vs 2022 (€ 50,981) Unfavourable step	€ 63,891 Equity 2024: € 63,891 ▲ 28% vs 2023 (€ 49,898) Favourable step	€ 40,405 Equity 2025: € 40,405 ▼ 37% vs 2024 (€ 63,891) Unfavourable step	▼ 37%
Total debts	€ 16,343 Total debts 2022: € 16,343 First fiscal year in the series	€ 22,836 Total debts 2023: € 22,836 ▲ 40% vs 2022 (€ 16,343) Unfavourable step	€ 8,885 Total debts 2024: € 8,885 ▼ 61% vs 2023 (€ 22,836) Favourable step	€ 6,777 Total debts 2025: € 6,777 ▼ 24% vs 2024 (€ 8,885) Favourable step	▼ 24%
Cash	€ 18,186 Cash 2022: € 18,186 First fiscal year in the series	-	€ 4,052 Cash 2024: € 4,052 First fiscal year in the series	€ 0 Cash 2025: € 0 ▼ 100% vs 2024 (€ 4,052) Unfavourable step	▼ 100%
Retained profit	€ 32,389 Retained profit 2022: € 32,389 First fiscal year in the series	€ 31,306 Retained profit 2023: € 31,306 ▼ 3% vs 2022 (€ 32,389) Unfavourable step	€ 45,299 Retained profit 2024: € 45,299 ▲ 45% vs 2023 (€ 31,306) Favourable step	€ 21,813 Retained profit 2025: € 21,813 ▼ 52% vs 2024 (€ 45,299) Unfavourable step	▼ 52%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 3,537 Bank debt 2023: € 3,537 Unchanged (€ 0) Unfavourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 3,537) Favourable step	€ 4,998 Bank debt 2025: € 4,998 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 67,325 Balance sheet total 2022: € 67,325 First fiscal year in the series	€ 72,734 Balance sheet total 2023: € 72,734 ▲ 8% vs 2022 (€ 67,325) Unchanged	€ 72,776 Balance sheet total 2024: € 72,776 Unchanged (€ 72,734) Unchanged	€ 47,182 Balance sheet total 2025: € 47,182 ▼ 35% vs 2024 (€ 72,776) Unchanged	▼ 35%

Key figures of AZAD, 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 AZAD?

What happened at AZAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 14, 2026 New annual accounts for financial year 2025: loss of € 23,487 (▼ € 37,480 vs 2024). Source: NBB ↗
Feb 2, 1994 New establishment in Brussel. KBO
Oct 19, 1993 Start of the company according to the CBE. KBO

In short

From € 24,985 profit in 2022 to € 23,487 loss in 2025.

Paid € 6,702 in corporate taxes since 2022.

Best year ever: 2022, with € 24,985 profit.

Original PDFs at the National Bank ↗

Management

Rouzbeh Ettekal

AZAD

Behind AZAD is Rouzbeh Ettekal.

Directors

According to the 2025 annual accounts

Rouzbeh Ettekal

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Tervuren 80

1410 Waterloo

2.065.165.731

Brandhoutkaai 1

1000 Brussel

Active since 2 February 1994

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0451.230.835

VAT number

BE 0451.230.835

Registered office

Chaussée de Tervuren 80, 1410 Waterloo

Names & denominations

AZAD

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 October 1993

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Overige werkzaamheden in verband met de afwerking van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

AZAD

Financials

What happened to AZAD?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions