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 64 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
NAZO FOOD from Aalst, company number BE0697723077, closed financial year 2024 with a result of € 157,679 after tax. For that financial year NAZO FOOD recorded revenue of € 4.3 million and equity of € 463,694. Compared with financial year 2023, the result moved from € 46,208 to € 157,679. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ 463,694
▲ 52% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 157,679
▲ 241% vs 2023
Profit after tax over the fiscal year.
€ 25,703
▼ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 445,094.
People and assets in 2024
€ 142,766
▲ 18% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 194,430
▼ 23% vs 2023
Of which on lease € 175,572.
Debts at end 2024
€ 183,770
▼ 19% vs 2023
€ 63,978 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 52,856
▼ 83% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 300,027
▲ 118% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,020,864 | € 1,007,603 | € 2,551,925 | € 4,347,431 | ▲ 70% |
| Gross margin | € 237,358 | € 187,698 | € 383,706 | € 621,291 | ▲ 62% |
| Profit after taxes | € 101,013 | € 45,230 | € 46,208 | € 157,679 | ▲ 241% |
| Equity | € 214,578 | € 259,807 | € 306,015 | € 463,694 | ▲ 52% |
| Total debts | € 229,336 | € 176,401 | € 673,865 | € 538,477 | ▼ 20% |
| Cash | € 29,887 | € 28,422 | € 50,084 | € 25,703 | ▼ 49% |
| Retained profit | € 195,978 | € 241,207 | € 287,415 | € 445,094 | ▲ 55% |
| Bank debt | € 57,758 | € 45,282 | € 228,063 | € 183,770 | ▼ 19% |
| Balance sheet total | € 443,913 | € 436,208 | € 979,881 | € 1,002,172 | ▲ 2% |
| Employees (FTE) | - | 2 | - | - |
Key figures of NAZO FOOD, fiscal years 2021 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 NAZO FOOD?
What happened at NAZO FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 157,679 (▲ 241% vs 2023). filed late Source: NBB ↗
- New establishment in Aalst. KBO
- New establishment in Ninove. KBO
- New establishment in Sint-Niklaas. KBO
- New establishment in Dendermonde. KBO
- New establishment in Aalst. KBO
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,013 profit in 2021 to € 157,679 profit in 2024.
Paid € 186,289 in corporate taxes since 2021.
Best year ever: 2024, with € 157,679 profit.
On average € 93,800 of value added per employee in 2022.
A new publication or filing at NAZO FOOD? 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
Behind NAZO FOOD is ABBAS CAGLAR AZEROGLU.
Directors
According to the 2024 annual accounts
ABBAS CAGLAR AZEROGLU
Manager
since 2018
Establishments
Establishment units
Physical locations of this company
Binnenstraat 36 box 1
9300 Aalst
Binnenstraat 31-36 box 1
9300 Aalst
Active since 7 June 2018
Binnenstraat 31
9300 Aalst
Active since 1 May 2019
Brusselsestraat (DEN) 112
9200 Dendermonde
Active since 10 June 2022
Parklaan 90B
9100 Sint-Niklaas
Active since 5 September 2022
Centrumlaan 83
9400 Ninove
Active since 1 October 2022
Dendermondse steenweg 196
9300 Aalst
Active since 10 October 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.723.077
- VAT number
- BE 0697.723.077
- Registered office
- Binnenstraat 36 bus 1, 9300 Aalst
- Names & denominations
- NAZO FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2018
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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Detailhandel in dranken in gespecialiseerde winkels, algemeen assortiment
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Handelsbemiddeling in voedings- en genotmiddelen
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