Active · per the CBE, 18 September 2026

AZAR

BE0861995943

Rechtspersoon Private limited company 1 establishment

AZAR is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 3 December 2003, 1 establishment.

Leopold II laan 33, 1080 Sint-Jans-Molenbeek

Behind the company: Farid Azarkan.

Active for

22 year, 9 months

Financials

Financial year 2025

AZAR from Sint-Jans-Molenbeek, company number BE0861995943, closed financial year 2025 with a result of € 240,890 after tax. For that financial year AZAR recorded a gross margin of € 479,213 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 48,597 to € 240,890. 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 August 6, 2026.

What it is worth Growing

€ 1.3 million

▲ 24% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 240,890

▲ € 192,293 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 23,638

▲ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.1 million.

People and assets in 2025

Vehicles and equipment

€ 35,009

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 1.1 million

▼ 20% vs 2024

€ 133,450 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 4,039

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 32,706

▼ 36% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 265,337 € 334,736 € 262,953 € 479,213 ▲ 82%
Profit after taxes € 27,818 € 69,910 € 48,597 € 240,890 ▲ € 192,293
Equity € 900,414 € 970,324 € 1,018,921 € 1,259,811 ▲ 24%
Total debts € 2,038,579 € 1,545,447 € 1,474,268 € 1,198,044 ▼ 19%
Cash € 413,111 € 138,432 € 23,004 € 23,638 ▲ 3%
Land & buildings € 2,336,465 € 1,904,402 € 1,812,326 € 1,457,092 ▼ 20%
Retained profit € 781,814 € 851,724 € 900,321 € 1,141,211 ▲ 27%
Bank debt € 1,820,441 € 1,480,641 € 1,389,762 € 1,117,074 ▼ 20%
Balance sheet total € 3,028,868 € 2,593,294 € 2,560,345 € 2,601,672 ▲ 2%
Employees (FTE) 0.6 0.2 - -

Key figures of AZAR, 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 AZAR?

What happened at AZAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 240,890 (▲ € 192,293 vs 2024). filed late Source: NBB ↗
  • New establishment in Sint-Jans-Molenbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 27,818 profit in 2022 to € 240,890 profit in 2025.

Paid € 157,635 in corporate taxes since 2022.

Best year ever: 2025, with € 240,890 profit.

Management

Farid Azarkan

Behind AZAR is Farid Azarkan. Farid Azarkan is also behind AZAMOB, MAZ CONSTRUCT and FAKANE.

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Directors

According to the 2025 annual accounts

Farid Azarkan

Director

Also active at: AZAMOB, MAZ CONSTRUCT, FAKANE

Establishments

Establishment units

Physical locations of this company

Registered office

Leopold II laan 33

1080 Sint-Jans-Molenbeek

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0861.995.943
VAT number
BE 0861.995.943
Registered office
Leopold II laan 33, 1080 Sint-Jans-Molenbeek
Names & denominations
AZAR
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
3 December 2003
Peppol
Active · Active since 29 Dec 2025
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

Frequently asked questions

What does AZAR do?
AZAR is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 3 December 2003, 1 establishment.
What is the address of AZAR?
The registered office of AZAR is located at Leopold II laan 33, 1080 Sint-Jans-Molenbeek.
Is AZAR still active?
Yes. According to the CBE (18 September 2026) AZAR is active, legal situation “Normale toestand”, started on 3 December 2003.
Is AZAR registered on Peppol?
Yes, AZAR is registered on the Peppol network with ID 0208:0861995943.
What is the enterprise number of AZAR?
The enterprise number of AZAR is BE0861995943.
When was AZAR founded?
AZAR was founded on 3 December 2003.