Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AZIMUTH Technisch Studiebureau from Maarkedal, company number BE0457973127, closed financial year 2025 with a result of € -7,278 after tax. For that financial year AZIMUTH Technisch Studiebureau recorded a gross margin of € 43,437 and equity of € 190,353. Compared with financial year 2024, the result moved from € -16,454 to € -7,278. 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 7, 2026.
€ 190,353
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,278
▲ 56 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,442
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 171,761.
Debts at end 2025
€ 21,940
▼ 36% vs 2024
€ 12,971 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,029
▲ € 852 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,366 | € 33,249 | € 36,241 | € 43,437 | ▲ 20% |
| Profit after taxes | € -24,027 | € -21,178 | € -16,454 | € -7,278 | ▲ € 9,176 |
| Equity | € 235,263 | € 214,086 | € 197,632 | € 190,353 | ▼ 4% |
| Total debts | € 296,539 | € 273,896 | € 249,796 | € 215,710 | ▼ 14% |
| Cash | € 1,103 | € 1,007 | € 20,638 | € 9,442 | ▼ 54% |
| Land & buildings | € 536,462 | € 488,482 | € 442,926 | € 407,232 | ▼ 8% |
| Retained profit | € 216,671 | € 195,494 | € 179,040 | € 171,761 | ▼ 4% |
| Bank debt | € 57,605 | € 46,234 | € 34,354 | € 21,940 | ▼ 36% |
| Balance sheet total | € 563,879 | € 518,116 | € 475,619 | € 432,313 | ▼ 9% |
Key figures of AZIMUTH Technisch Studiebureau, 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 AZIMUTH Technisch Studiebureau?
What happened at AZIMUTH Technisch Studiebureau in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,278. Source: NBB ↗
- Beatrix Mornie became a director. NBB
- Olivier Desmet became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,027 loss in 2022 to € 7,278 loss in 2025.
Management
Behind AZIMUTH Technisch Studiebureau are Beatrix Mornie and Olivier Desmet. Olivier Desmet is also behind BEDRIJVENCENTRUM MAARKEDAL, WORKWEAR TEXTILES and STONEWALL.
Directors
According to the 2025 annual accounts
Beatrix Mornie
Director
since 2003
since 2003
Establishments
Establishment units
Physical locations of this company
Neutenstraat Z.N.
9688 Maarkedal
Meersbloem-Melden 16
9700 Oudenaarde
Active since 10 June 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0457.973.127
- VAT number
- BE 0457.973.127
- Registered office
- Neutenstraat Z.N., 9688 Maarkedal
- Names & denominations
- AZIMUTH Technisch Studiebureau
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 1996
- Peppol
- Active · Active since 15 Sept 2025
- Contact
- workweartextiles.be