ACTIVE

Azalea Vision

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Financial year 2025 · closed on 31/12/2025
Net result
-3,3 M €
-102.2% YoY
Gross margin
1,4 M €
+1824.6% YoY
Equity
1,4 M €
+156.3% YoY
Workforce
7,0 ETP
+29.6% YoY

What does Azalea Vision do?

Azalea Vision is a Private limited company incorporated in 2020. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Gent. It employs on average 7,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0753.715.734
Incorporation
04/09/2020
Legal form
Private limited company
Registered office
Technologiepark-Zwijnaarde 122
9052 Gent · FlandreSee on map
Contributed capital
15 045 120,00 €
Latest accounts
31/12/2025
Average workforce
7,0 ETP
Activities (NACE)
32500Manufacture of medical and dental instruments and supplies· main32500Manufacture of medical and dental instruments and supplies74909Other professional, scientific and technical activities n.e.c.74999Other professional, scientific and technical activities n.e.c.32500Manufacture of medical and dental instruments and supplies32500Manufacture of medical and dental instruments and supplies+4
Joint committees (2)
  • 200
  • 20000
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,4 M €71,4 k €639,2 k €1,3 M €-498,9 k €
EBITDA542,5 k €-534,5 k €-5 k €594,1 k €-578,1 k €
Operating result-3,4 M €-1,8 M €-3,3 M €-2,6 M €-756,4 k €
Net result-3,3 M €-1,6 M €-3,3 M €-2,6 M €-758,5 k €
Balance sheet
Equity1,4 M €-2,5 M €-924,8 k €2,4 M €7 M €
Total assets1,9 M €1,4 M €1,6 M €2,9 M €7,2 M €
Cash1 M €875,7 k €728 k €2,5 M €4,5 M €
Debts501,4 k €2,9 M €2,5 M €417,4 k €196,8 k €
Other
Workforce7,0 ETP5,4 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 17 ended

Active mandates

Te-Sheng Yang

Director · since 22 juin 2026

Active
Robert Dempsey

Director · since 01 avril 2025

Active
Alexandre Loiseau

Director · since 06 juillet 2021

Active
Felipe Andrés Quintero Vasquez

Director · since 06 juillet 2021

Active
imec.xpand

Director · since 06 juillet 2021 · 0671.931.371

Represented by Frank Bulens

Active
SENSINNOVAT

Director · since 06 juillet 2021 · 0884.338.607

Represented by Rudi DE WINTER

Active

Ended mandates

Sung-Ya Kao

Director · since 21 février 2025

Ended
Alexandre René Daniel LOISEAU

Director · since 06 juillet 2021 · until 28 juin 2024

Ended
Alexandre René Daniel LOISEAU

Director · since 06 juillet 2021 · until 07 octobre 2024

Ended
Andrés Felipe Vasquez Quintero

Director · since 06 juillet 2021 · until 28 juin 2024

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202204/09/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months16 months
Filing date17/07/202608/08/202523/10/202429/02/202431/08/2022
General meeting30/06/202627/06/202507/10/202430/06/202324/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202617/07/2026DutchPDF
Abridged model31/12/202427/06/202508/08/2025DutchPDF
Micro model31/12/202307/10/202423/10/2024DutchPDF
Micro modelCorrection31/12/202230/06/202329/02/2024DutchPDF
Micro model31/12/202230/06/202302/08/2023DutchPDF
Micro model31/12/202124/06/202231/08/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 17 ended

Active mandates

Te-Sheng Yang

Director · since 22 juin 2026

Active
Robert Dempsey

Director · since 01 avril 2025

Active
Alexandre Loiseau

Director · since 06 juillet 2021

Active
Felipe Andrés Quintero Vasquez

Director · since 06 juillet 2021

Active
imec.xpand

Director · since 06 juillet 2021 · 0671.931.371

Represented by Frank Bulens

Active
SENSINNOVAT

Director · since 06 juillet 2021 · 0884.338.607

Represented by Rudi DE WINTER

Active

Ended mandates

Sung-Ya Kao

Director · since 21 février 2025

Ended
Alexandre René Daniel LOISEAU

Director · since 06 juillet 2021 · until 28 juin 2024

Ended
Alexandre René Daniel LOISEAU

Director · since 06 juillet 2021 · until 07 octobre 2024

Ended
Andrés Felipe Vasquez Quintero

Director · since 06 juillet 2021 · until 28 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/07/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2021
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/09/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-3,3 M €↓
  2. 2024
    Annual accounts 2024-1,6 M €↑
  3. 2023
    Annual accounts 2023-3,3 M €↓
  4. 2022
    Annual accounts 2022-2,6 M €↓
  5. 2021
    Annual accounts 2021-758,5 k €
  6. 04/09/2020
    IncorporationPrivate limited company