Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.8 to 0.
Financials
Financial year 2025
AZZATO from Chaumont-Gistoux, company number BE0479274030, closed financial year 2025 with a result of € -70,188 after tax. For that financial year AZZATO recorded a gross margin of € -8,463 and equity of € 495,386. Compared with financial year 2024, the result moved from € 28,400 to € -70,188. 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 August 13, 2026.
€ 495,386
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,188
▼ still € 28,400 profit in 2024
Profit after tax over the fiscal year.
€ 231,068
▲ € 217,499 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 243,386.
People and assets in 2025
0
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 23,372
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 160,641
▼ 27% vs 2024
€ 53,592 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 28,295
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,299
▼ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 393,921 | € 369,434 | € 342,273 | € -8,463 | ▼ € 350,736 |
| Profit after taxes | € 16,836 | € -57,347 | € 28,400 | € -70,188 | ▼ € 98,588 |
| Equity | € 594,522 | € 537,175 | € 565,575 | € 495,386 | ▼ 12% |
| Total debts | € 836,989 | € 687,101 | € 392,002 | € 328,019 | ▼ 16% |
| Cash | € 132,371 | € 65,815 | € 13,569 | € 231,068 | ▲ € 217,499 |
| Land & buildings | € 635,009 | € 612,012 | € 571,769 | € 548,772 | ▼ 4% |
| Retained profit | € 342,522 | € 285,175 | € 313,575 | € 243,386 | ▼ 22% |
| Bank debt | € 321,515 | € 276,310 | € 218,862 | € 160,641 | ▼ 27% |
| Balance sheet total | € 1,431,511 | € 1,224,276 | € 957,577 | € 823,406 | ▼ 14% |
| Employees (FTE) | 6.8 | 6.8 | 2.5 | 0 | ▼ 2.5 |
Key figures of AZZATO, 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 AZZATO?
What happened at AZZATO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70,188 (▼ € 98,588 vs 2024). filed late Source: NBB ↗
- New establishment in Chaumont-Gistoux. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,836 profit in 2022 to € 70,188 loss in 2025.
Paid € 18,717 in corporate taxes since 2022.
Best year ever: 2024, with € 28,400 profit.
On average € 136,900 of value added per employee in 2024.
Management
Behind AZZATO are Philippe Cormont and Sabine Dubon. The shares are held by Philippe Cormont and Sabine Dubon.
Directors
According to the 2025 annual accounts
Philippe Cormont
Administrateur Statutaire
Is a shareholder
Sabine Dubon
Director
Is a shareholder
Shareholders
Philippe Cormont · director
Sabine Dubon · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue des Bouvreuils, Bonlez 1
1325 Chaumont-Gistoux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.274.030
- VAT number
- BE 0479.274.030
- Registered office
- Avenue des Bouvreuils, Bonlez 1, 1325 Chaumont-Gistoux
- Names & denominations
- AZZATO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2003
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
Detailhandel in cultuur- en recreatieartikelen, neg
Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur
Detailhandel in muziekinstrumenten in gespecialiseerde winkels
Overige recreatie- en ontspanningsactiviteiten, neg
Reparatie en onderhoud van consumentenartikelen, neg
Niet-gespecialiseerde groothandel
Overig amusement, n.e.g.
Overige reparaties, n.e.g.
+1