ACTIVE

AZO

Financial year 2025 · Closed on 31/12/2025

Net result4,7 M €+8,8 %over 1 year
Revenue46,4 M €+8,9 %over 1 year
Equity12,4 M €+16,1 %over 1 year
Workforce129,8 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

AZO is a Public limited company incorporated in 1995. Its main activity is: Manufacture of other special-purpose machinery n.e.c.. Its registered office is in Antwerpen. It employs on average 129,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.487.659
Incorporation
01/02/1995
Legal form
Public limited company
Registered office
Katwilgweg 15
2050 Antwerpen · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Average workforce
129,8 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue46,4 M €42,6 M €45,8 M €40,5 M €44,3 M €
EBITDA6,9 M €5,9 M €6,2 M €5,8 M €8,6 M €
Operating result6,5 M €5,6 M €5,8 M €5,4 M €8,1 M €
Net result4,7 M €4,3 M €4,2 M €3,9 M €5,9 M €
Balance sheet
Equity12,4 M €10,6 M €20,3 M €16,2 M €12,3 M €
Total assets38,5 M €39,3 M €50,1 M €37 M €31,5 M €
Cash14,2 M €10,1 M €18,9 M €17 M €12,9 M €
Debts25,3 M €27,9 M €29,3 M €20,4 M €18,7 M €
Other
Workforce129,8 ETP130,3 ETP126,7 ETP119,6 ETP111,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ART Solutions0765.776.002Represented by Pieter Vanneuville
Managing director27/06/2024 → 27/06/2029
Lukas Zimmermann
Administrator - manager27/06/2024 → 27/06/2029
Rainer Zimmermann
Chairman of the board of directors22/06/2016 → 22/06/2028Director22/06/2016 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frank Opdebeeck
Managing director22/06/2022 → 2024 accounts
Wim Van Oevelen
Director22/06/2022 → 2023 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202608/07/202509/07/202417/07/202304/07/202202/07/2021
General meeting23/06/202627/06/202527/06/202422/06/202322/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202617/07/2026DutchPDF
Full model31/12/202427/06/202508/07/2025DutchPDF
Full model31/12/202327/06/202409/07/2024DutchPDF
Full model31/12/202222/06/202317/07/2023DutchPDF
Full model31/12/202122/06/202204/07/2022DutchPDF
Full model31/12/202023/06/202102/07/2021DutchPDF
Full model31/12/201919/06/202030/06/2020DutchPDF
Full model31/12/201824/06/201924/06/2019DutchPDF
Full model31/12/201721/06/201829/06/2018DutchPDF
Full model31/12/201613/07/201714/07/2017DutchPDF
Full model31/12/201522/06/201630/06/2016DutchPDF
Full model31/12/201426/06/201510/07/2015DutchPDF
Full modelCorrection31/12/201326/06/201412/08/2014DutchPDF
Full model31/12/201326/06/201427/06/2014DutchPDF
Full model31/12/201221/06/201319/07/2013DutchPDF
Full model31/12/201127/06/201210/07/2012DutchPDF
Full model31/12/201028/06/201101/07/2011DutchPDF
Full model31/12/200918/06/201006/07/2010DutchPDF
Full model31/12/200817/06/200915/07/2009DutchPDF
Full model31/12/200719/06/200811/07/2008DutchPDF
Full model31/12/200627/06/200702/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ART Solutions0765.776.002Represented by Pieter Vanneuville
Managing director27/06/2024 → 27/06/2029
Lukas Zimmermann
Administrator - manager27/06/2024 → 27/06/2029
Rainer Zimmermann
Chairman of the board of directors22/06/2016 → 22/06/2028Director22/06/2016 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frank Opdebeeck
Managing director22/06/2022 → 2024 accounts
Wim Van Oevelen
Director22/06/2022 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/07/2026
    HERBENOEMING COMMISSARIS - ONTSLAG EN BENOEMING
    PDF
  • Restructuring10/11/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates26/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
ART Solutions
Lukas Zimmermann
Rainer Zimmermann
Frank Opdebeeck
Wim Van Oevelen
Pieter Vanneuville
ROBERT ZIMMERMANN
ELLEN HOEKSTRA
JAN BOGAERT
19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
AZO
Katwilgweg 15, 2050 Antwerp-2050
Managing director
Administrator - manager
Chairman of the board of directorsDirector
Managing director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Katwilgweg 15, 2050 Antwerp-2050Current
accounts 2021 → 2025
Accounts 2025 · 2026-00304976

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
AZOCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00304976

Events

  1. 2025
    Annual accounts 20254,7 M €↑
  2. 2024
    Annual accounts 20244,3 M €↑
  3. 2023
    Annual accounts 20234,2 M €↑
  4. 2022
    Annual accounts 20223,9 M €↓
  5. 2021
    Annual accounts 20215,9 M €↑
  6. 2020
    Annual accounts 20203,3 M €↑
  7. 2019
    Annual accounts 20191,5 M €↓
  8. 2018
    Annual accounts 20182,9 M €↑
  9. 2017
    Annual accounts 20172 M €↑
  10. 2016
    Annual accounts 20162 M €↓
  11. 2015
    Annual accounts 20152 M €↑
  12. 2014
    Annual accounts 20141,2 M €↑
  13. 2013
    Annual accounts 2013861,8 k €↑
  14. 2012
    Annual accounts 2012818,8 k €↑
  15. 2011
    Annual accounts 2011593,9 k €↑
  16. 2010
    Annual accounts 2010412,5 k €↑
  17. 2009
    Annual accounts 2009386,4 k €↑
  18. 2008
    Annual accounts 2008221,7 k €↓
  19. 2006
    Annual accounts 2006274,4 k €
  20. 01/02/1995
    IncorporationPublic limited company