ACTIVE

Azulatis

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Financial year 2025 · closed on 31/12/2025
Net result
-88,9 k €
+95.6% YoY
Gross margin
5,7 M €
+20.8% YoY
Equity
19,7 M €
+125.1% YoY
Workforce
26,2 ETP
-13.2% YoY

What does Azulatis do?

Azulatis is a Public limited company incorporated in 2022. Its main activity is: Manufacture of soft drinks; production of mineral waters and other bottled waters. Its registered office is in Deerlijk. It employs on average 26,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0795.326.754
Incorporation
23/12/2022
Legal form
Public limited company
Registered office
Oudenaardse heerweg 72
8540 Deerlijk · FlandreSee on map
Contributed capital
23 568 016,25 €
Latest accounts
31/12/2025
Average workforce
26,2 ETP
Activities (NACE)
11070Manufacture of soft drinks; production of mineral waters and other bottled waters· main11070Manufacture of soft drinks; production of mineral waters and other bottled waters36000Water collection, treatment and supply36000Water collection, treatment and supply28295Manufacture of other general-purpose machinery n.e.c.28295Manufacture of other general-purpose machinery n.e.c.+6
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin5,7 M €4,7 M €–
EBITDA2,6 M €943,7 k €970,2 k €
Operating result140,2 k €-1,6 M €-1,8 M €
Net result-88,9 k €-2 M €-1,8 M €
Balance sheet
Equity19,7 M €8,7 M €10,8 M €
Total assets23,4 M €20,2 M €19,6 M €
Cash1,1 M €319,9 k €201,4 k €
Debts3,7 M €11,4 M €8,8 M €
Other
Workforce26,2 ETP30,2 ETP27,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 5 ended

Active mandates

Lien Callens

Director · since 27 juin 2025 · until 13 juin 2031

Active
Luc Asselman

Director · since 27 juin 2025 · until 13 juin 2031

Active
Stéphanie Dobbelaere

Director · since 27 juin 2025 · until 13 juin 2031

Active
TINC

Director · since 27 juin 2025 · until 13 juin 2031 · 0894.555.972

Represented by Filip Audenaert

Active

Ended mandates

Brecht Vermeulen

Chairman of the board of directors · since 23 décembre 2022 · until 09 juin 2028

Ended
Ilse Tant

Director · since 22 décembre 2022 · until 31 décembre 2023

Ended
Lien Callens

Director · since 22 décembre 2022 · until 09 juin 2028

Ended
Luc Asselman

Director · since 22 décembre 2022 · until 09 juin 2028

Ended
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelFull model
Start of the financial year01/01/202501/01/202422/12/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months13 months
Filing date17/06/202614/03/202529/08/2024
General meeting29/05/202628/02/202530/07/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202617/06/2026DutchPDF
Abridged model31/12/202428/02/202514/03/2025DutchPDF
Full model31/12/202330/07/202429/08/2024DutchPDF
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.

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 · 4 active · 5 ended

Active mandates

Lien Callens

Director · since 27 juin 2025 · until 13 juin 2031

Active
Luc Asselman

Director · since 27 juin 2025 · until 13 juin 2031

Active
Stéphanie Dobbelaere

Director · since 27 juin 2025 · until 13 juin 2031

Active
TINC

Director · since 27 juin 2025 · until 13 juin 2031 · 0894.555.972

Represented by Filip Audenaert

Active

Ended mandates

Brecht Vermeulen

Chairman of the board of directors · since 23 décembre 2022 · until 09 juin 2028

Ended
Ilse Tant

Director · since 22 décembre 2022 · until 31 décembre 2023

Ended
Lien Callens

Director · since 22 décembre 2022 · until 09 juin 2028

Ended
Luc Asselman

Director · since 22 décembre 2022 · until 09 juin 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other16/09/2026
    DIVERSEN
    PDF
  • Mandates15/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/06/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/02/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2023
    ONTSLAGEN - BENOEMINGEN
    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 2025-88,9 k €↑
  2. 2024
    Annual accounts 2024-2 M €↓
  3. 2023
    Annual accounts 2023-1,8 M €
  4. 23/12/2022
    IncorporationPublic limited company