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 11 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AZAD from Genk, company number BE0797612588, closed financial year 2024 with a result of € 57,372 after tax. For that financial year AZAD recorded a gross margin of € 87,409 and equity of € 132,885. Compared with financial year 2023, the result moved from € 72,513 to € 57,372. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2025.
€ 132,885
▲ 76% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,372
▼ 21% vs 2023
Profit after tax over the fiscal year.
€ 582
▼ € 352,900 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 € 129,885.
People and assets in 2024
€ 817
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 23,897
▲ € 23,273 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 37,828
▲ 86% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 95,820 | € 87,409 | ▼ 9% |
| Profit after taxes | € 72,513 | € 57,372 | ▼ 21% |
| Equity | € 75,513 | € 132,885 | ▲ 76% |
| Total debts | € 301,387 | € 361,579 | ▲ 20% |
| Cash | € 353,483 | € 582 | ▼ € 352,900 |
| Land & buildings | - | € 479,352 | |
| Retained profit | € 72,513 | € 129,885 | ▲ 79% |
| Balance sheet total | € 376,901 | € 494,464 | ▲ 31% |
Key figures of AZAD, fiscal years 2023 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 AZAD?
What happened at AZAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 57,372 (▼ 21% vs 2023). Source: NBB ↗
- New establishment in Genk. KBO
- Deniz Sarikay became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 72,513 profit in 2023 to € 57,372 profit in 2024.
Paid € 37,828 in corporate taxes since 2023.
Best year ever: 2023, with € 72,513 profit.
A new publication or filing at AZAD? 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
Directors
According to the 2024 annual accounts
Deniz Sarikay
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Krelstraat 1
3600 Genk
Sledderlo 63
3600 Genk
Active since 25 January 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
- 0797.612.588
- VAT number
- BE 0797.612.588
- Registered office
- Krelstraat 1, 3600 Genk
- Names & denominations
- AZAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2023
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
Installatie van isolatie
Isolatiewerkzaamheden
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering