Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Azerion Belgium from Oudergem, company number BE0471451177, closed financial year 2024 with a result of € -63,610 after tax. For that financial year Azerion Belgium recorded a gross margin of € 2.4 million and equity of € -1.4 million. Compared with financial year 2023, the result moved from € -338,840 to € -63,610. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 30, 2025.
€ -1.4 million
▼ € 972,156 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,610
▲ 81 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1.1 million
▲ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.9 million.
People and assets in 2024
21.8
▲ 10.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 95% vs 2023
€ 95,000 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.
€ 112,584
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.3 million
▲ 6% vs 2023
Loans from banks and other lenders, long and short.
€ 7.8 million
▲ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1.2 million
▲ 99% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 1,433,442 | € 853,120 | € 2,390,308 | ▲ 180% |
| Profit after taxes | € 405,947 | € -338,840 | € -63,610 | ▲ € 275,230 |
| Equity | € -96,185 | € -435,025 | € -1,407,181 | ▼ € 972,156 |
| Total debts | € 4,102,414 | € 9,007,942 | € 16,768,568 | ▲ 86% |
| Cash | € 304,134 | € 655,415 | € 1,069,878 | ▲ 63% |
| Retained profit | € -3,563,185 | € -3,902,025 | € -4,880,381 | ▼ € 978,356 |
| Bank debt | € 0 | € 2,175,894 | € 2,305,493 | ▲ 6% |
| Balance sheet total | € 4,006,229 | € 8,572,917 | € 15,361,387 | ▲ 79% |
| Employees (FTE) | 7.8 | 11.6 | 21.8 | ▲ 10.2 |
Key figures of Azerion Belgium, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Azerion Belgium?
What happened at Azerion Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 63,610. filed late Source: NBB ↗
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 405,947 profit in 2022 to € 63,610 loss in 2024.
Paid € 173,206 in corporate taxes since 2022.
Best year ever: 2022, with € 405,947 profit.
On average € 109,600 of value added per employee in 2024.
Management
Behind Azerion Belgium is VINCENT DELMOTTE. The shares are held by AZERION TECH HOLDING BV S. Etr. (100%). It owns 100% of PDPH SA and MARCOM WORLD itself.
Directors
According to the 2024 annual accounts
VINCENT DELMOTTE
Administrator-manager
Also active at: MARCOM WORLD, ADEXPERT, Brandinfluence, QUANTUM BELGIUM
Shareholders
AZERION TECH HOLDING BV S. Etr.
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Herrmann-Debrouxlaan 54
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
All companies at this address →Société de saint-Vincent-de-Paul, Conseil national de Belgique(Sint-Vincentius a Paulo Vereniging, Nationale Raad van België
€ 1.2 million gross margin · 2025
ABA MANAGEMENT
€ 78,749 gross margin · 2025
GROUP P - OVERNAME - TRANSMISSION
€ 37,787 gross margin · 2025
SCOOP AGENCY
€ -9,670 gross margin · 2025
BELGIUM PARCELS SERVICE
€ 1.4 million gross margin · 2024
+58 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.451.177
- VAT number
- BE 0471.451.177
- Registered office
- Herrmann-Debrouxlaan 54, 1160 Oudergem
- Names & denominations
- Azerion Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2000
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen
Beheer van publiciteitsdragers
Mediarepresentatie