DEN AZALEE
0456.719.748 · rovalta.com · 23/09/2026
ACTIVE
DEN AZALEE
Financial year 2025 · closed on 31/12/2025
Net result
340,4 k €
-52.2% YoY
Revenue
4,7 M €
+2.9% YoY
Equity
15,5 M €
+2.5% YoY
Workforce
188,2 ETP
+2.0% YoY
Overview
What does DEN AZALEE do?
DEN AZALEE is a Non-profit organization incorporated in 1995. Its main activity is: Technical and vocational secondary education. Its registered office is in Sint-Niklaas. It employs on average 188,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0456.719.748
Incorporation
18/04/1995
Legal form
Non-profit organization
Registered office
Nobels-Peelmanstraat 17
9100 Sint-Niklaas · FlandreSee on map
9100 Sint-Niklaas · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
188,2 ETP
Activities (NACE)
Joint committees (1)
- 32701
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 4,7 M € | +2.9% | 4,5 M € | -0.6% | 4,6 M € | +13.4% | 4 M € | +18.5% | 3,4 M € | +5.1% | 3,2 M € | +5.2% | 3,1 M € | +2.2% | 3 M € | +2.8% | 2,9 M € | +10.1% | 2,6 M € | -2.6% | 2,7 M € | +7.4% | 2,5 M € | +4.8% | 2,4 M € | +12.8% | 2,1 M € | +19.2% | 1,8 M € | +20.1% | 1,5 M € | +22.8% | 1,2 M € | +23.1% | 990,4 k € |
| EBITDA | 849,5 k € | -30.8% | 1,2 M € | -20.9% | 1,6 M € | +2.0% | 1,5 M € | +1.4% | 1,5 M € | +22.4% | 1,2 M € | -8.6% | 1,3 M € | +10.5% | 1,2 M € | +12.4% | 1,1 M € | +23.5% | 875,1 k € | -29.9% | 1,2 M € | +0.6% | 1,2 M € | +3.2% | 1,2 M € | +16.8% | 1 M € | +32.6% | 776,5 k € | +12.1% | 692,5 k € | +48.9% | 465,1 k € | +98.8% | 234 k € |
| Operating result | 317,1 k € | -51.8% | 657,5 k € | -36.9% | 1 M € | -3.0% | 1,1 M € | -0.1% | 1,1 M € | +34.4% | 801 k € | -11.7% | 907,2 k € | +14.5% | 792,6 k € | +12.6% | 704,2 k € | +33.2% | 528,7 k € | -43.9% | 943,2 k € | -2.2% | 964,1 k € | +3.0% | 936,3 k € | +12.3% | 833,6 k € | +43.3% | 581,9 k € | +15.0% | 506,2 k € | +45.5% | 348 k € | +311% | 84,7 k € |
| Net result | 340,4 k € | -52.2% | 711,8 k € | -33.1% | 1,1 M € | +1.3% | 1,1 M € | -0.6% | 1,1 M € | +33.8% | 790,1 k € | -11.5% | 892,5 k € | +16.7% | 764,5 k € | +10.9% | 689,3 k € | +30.7% | 527,4 k € | -44.2% | 944,8 k € | +6.2% | 889,4 k € | -2.9% | 916,4 k € | +10.1% | 832,6 k € | +45.7% | 571,3 k € | +14.5% | 498,8 k € | +48.5% | 335,8 k € | +412% | 65,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 15,5 M € | +2.5% | 15,2 M € | +4.5% | 14,5 M € | +7.7% | 13,5 M € | +9.6% | 12,3 M € | +19.6% | 10,3 M € | +8.7% | 9,5 M € | +10.9% | 8,5 M € | +10.3% | 7,7 M € | +9.6% | 7,1 M € | +7.9% | 6,5 M € | +16.6% | 5,6 M € | +18.2% | 4,7 M € | +23.2% | 3,8 M € | +26.8% | 3 M € | +23.1% | 2,5 M € | +31.5% | 1,9 M € | +21.6% | 1,5 M € |
| Total assets | 17,3 M € | +4.7% | 16,5 M € | +2.7% | 16,1 M € | +7.3% | 15 M € | +10.8% | 13,5 M € | +15.6% | 11,7 M € | +10.6% | 10,6 M € | +5.8% | 10 M € | +3.4% | 9,7 M € | +13.9% | 8,5 M € | -0.9% | 8,6 M € | +23.1% | 7 M € | +11.9% | 6,2 M € | +18.1% | 5,3 M € | +18.4% | 4,4 M € | +16.3% | 3,8 M € | +22.5% | 3,1 M € | +9.3% | 2,9 M € |
| Cash | 1,4 M € | -14.3% | 1,6 M € | -25.6% | 2,2 M € | -43.7% | 3,9 M € | -14.4% | 4,6 M € | +88.5% | 2,4 M € | +88.2% | 1,3 M € | +179% | 464 k € | +647% | 62,1 k € | -96.1% | 1,6 M € | +187% | 549,6 k € | +2021% | 25,9 k € | +107% | 12,5 k € | -61.8% | 32,8 k € | -23.6% | 42,9 k € | +51.1% | 28,4 k € | +34.8% | 21,1 k € | -34.4% | 32,1 k € |
| Debts | 1,7 M € | +29.0% | 1,3 M € | -12.8% | 1,5 M € | +2.1% | 1,5 M € | +26.1% | 1,2 M € | -15.3% | 1,4 M € | +26.1% | 1,1 M € | -23.8% | 1,5 M € | -21.3% | 1,9 M € | +30.0% | 1,4 M € | -29.6% | 2 M € | +49.8% | 1,4 M € | -8.3% | 1,5 M € | +6.5% | 1,4 M € | -1.8% | 1,4 M € | +4.0% | 1,4 M € | +8.8% | 1,2 M € | -5.1% | 1,3 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 188,2 ETP | +2.0% | 184,6 ETP | +5.5% | 175,0 ETP | +4.5% | 167,4 ETP | +5.7% | 158,4 ETP | +13.1% | 140,1 ETP | +0.8% | 139,0 ETP | +2.2% | 136,0 ETP | +2.8% | 132,3 ETP | -0.2% | 132,5 ETP | +2.9% | 128,8 ETP | +4.5% | 123,2 ETP | +2.2% | 120,6 ETP | +0.8% | 119,7 ETP | +7.0% | 111,9 ETP | +18.5% | 94,4 ETP | +16.7% | 80,9 ETP | +4.7% | 77,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 24 active · 109 ended
Active mandates
Bert De Laet
ActiveBrigitte Caura
ActiveGreet Van Moer
ActiveKatrien Claus
ActiveKatrijn Bogaerts
ActiveAlda Verbeek
ActiveLuc De Boever
ActiveChristine Meert
ActiveAdelheid Van Hauwermeiren
ActiveBernd Van Besauw
ActiveCarl Hanssens
ActiveEsther Hiel
ActiveGéry Van de Steene
ActiveIlse Martens
ActiveJulien Ghesquiere
ActiveKim Verschueren
ActiveKristof Van Gansen
ActiveLeonard Deknock
ActiveMarleen Lutin-Smet
ActiveMia Mortier
ActivePieter De Witte
ActiveSven Peeters
ActiveVeerle Vermeulen
ActiveWouter Van Bellingen
ActiveEnded mandates
Bernd Van Besauw
EndedEsther Hiel
EndedIlse Martens
EndedJulien Ghesquiere
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
GROEP DEN AZALEE● Active | 0835.272.443 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 02/07/2026 | 23/06/2025 | 17/06/2024 | 25/10/2023 | 24/06/2022 | 18/06/2021 |
| General meeting | 11/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 21/06/2022 | 08/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 11/06/2026 | 02/07/2026 | Dutch | |
| Full model | 31/12/2024 | 10/06/2025 | 23/06/2025 | Dutch | |
| Full model | 31/12/2023 | 11/06/2024 | 17/06/2024 | Dutch | |
| Full modelCorrection | 31/12/2022 | 13/06/2023 | 25/10/2023 | Dutch | |
| Full model | 31/12/2022 | 13/06/2023 | 14/06/2023 | Dutch | |
| Full model | 31/12/2021 | 21/06/2022 | 24/06/2022 | Dutch | |
| Full model | 31/12/2020 | 08/06/2021 | 18/06/2021 | Dutch | |
| Full model | 31/12/2019 | 09/06/2020 | 30/06/2020 | Dutch | |
| Full model | 31/12/2018 | 19/06/2019 | 03/07/2019 | Dutch | |
| Full model | 31/12/2017 | 14/06/2018 | 20/06/2018 | Dutch | |
| Full model | 31/12/2016 | 15/06/2017 | 28/06/2017 | Dutch | |
| Full model | 31/12/2015 | 23/06/2016 | 16/08/2016 | Dutch | |
| Full model | 31/12/2014 | 25/06/2015 | 26/06/2015 | Dutch | |
| Full model | 31/12/2013 | 26/06/2014 | 07/07/2014 | Dutch | |
| Full model | 31/12/2012 | 23/05/2013 | 25/06/2013 | Dutch | |
| Full model | 31/12/2011 | 31/05/2012 | 15/06/2012 | Dutch | |
| Full model | 31/12/2010 | 30/06/2011 | 20/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 20/05/2010 | 15/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 14/05/2009 | 15/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 15/05/2008 | 19/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 19/04/2007 | 27/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 24 active · 109 ended
Active mandates
Bert De Laet
ActiveBrigitte Caura
ActiveGreet Van Moer
ActiveKatrien Claus
ActiveKatrijn Bogaerts
ActiveAlda Verbeek
ActiveLuc De Boever
ActiveChristine Meert
ActiveAdelheid Van Hauwermeiren
ActiveBernd Van Besauw
ActiveCarl Hanssens
ActiveEsther Hiel
ActiveGéry Van de Steene
ActiveIlse Martens
ActiveJulien Ghesquiere
ActiveKim Verschueren
ActiveKristof Van Gansen
ActiveLeonard Deknock
ActiveMarleen Lutin-Smet
ActiveMia Mortier
ActivePieter De Witte
ActiveSven Peeters
ActiveVeerle Vermeulen
ActiveWouter Van Bellingen
ActiveEnded mandates
Bernd Van Besauw
EndedEsther Hiel
EndedIlse Martens
EndedJulien Ghesquiere
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates13/07/2026ONTSLAGEN - BENOEMINGEN
- Mandates13/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates30/12/2025ONTSLAGEN - BENOEMINGEN
- Restructuring05/12/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Registered office28/11/2025MAATSCHAPPELIJKE ZETEL
- Mandates03/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates11/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates23/12/2024ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025340,4 k €↓
- 2024Annual accounts 2024711,8 k €↓
- 2023Annual accounts 20231,1 M €↑
- 2022Annual accounts 20221,1 M €↓
- 2021Annual accounts 20211,1 M €↑
- 2019Annual accounts 2019790,1 k €↓
- 2018Annual accounts 2018892,5 k €↑
- 2017Annual accounts 2017764,5 k €↑
- 2016Annual accounts 2016689,3 k €↑
- 2015Annual accounts 2015527,4 k €↓
- 2014Annual accounts 2014944,8 k €↑
- 2013Annual accounts 2013889,4 k €↓
- 2012Annual accounts 2012916,4 k €↑
- 2011Annual accounts 2011832,6 k €↑
- 2010Annual accounts 2010571,3 k €↑
- 2009Annual accounts 2009498,8 k €↑
- 2008Annual accounts 2008335,8 k €↑
- 2007Annual accounts 200765,6 k €
- 18/04/1995IncorporationNon-profit organization