ACTIVE

AZELIS BENELUX

Financial year 2025 · Closed on 31/12/2025

Net result
16 M €
+86,1 %over 1 year
Revenue
76,1 M €
+0,1 %over 1 year
Equity
60,6 M €
+35,9 %over 1 year
Workforce
52,8 ETP
+4,6 %over 1 year

Identity

Source · BCE/KBO

AZELIS BENELUX is a Public limited company incorporated in 2004. Its registered office is in Merelbeke-Melle. It employs on average 52,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0864.977.011
Incorporation
28/04/2004
Legal form
Public limited company
Registered office
Verlorenbroodstraat 120
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
10 949 994,00 €
Latest accounts
31/12/2025
Average workforce
52,8 ETP
Joint committees (2)
  • 116
  • 207
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue76,1 M €76 M €89,3 M €98,1 M €72,1 M €
EBITDA7,7 M €7,2 M €8,5 M €8,7 M €6,2 M €
Operating result7,6 M €7,7 M €8,3 M €7,3 M €5,8 M €
Net result16 M €8,6 M €2,5 M €4,6 M €3,5 M €
Balance sheet
Equity60,6 M €44,6 M €36 M €33,5 M €28,9 M €
Total assets124,7 M €129 M €120,8 M €98,6 M €55,1 M €
Cash–––3,5 €310,8 k €
Debts63 M €83,2 M €83,9 M €65 M €26,1 M €
Other
Workforce52,8 ETP50,5 ETP54,4 ETP49,3 ETP47,8 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

4 active · 47 ended

Active mandates

Basak Vural

Director · since 01 janvier 2026 · until 06 juin 2030

Active
Anubizz

Managing director · since 01 mars 2024 · until 06 juin 2030 · 0568.829.477

Represented by Rik Langerock

Active
CRESCENT CONSULTING

Director · since 01 mars 2024 · until 06 juin 2030 · 0599.787.919

Represented by Evy Hellinckx

Active
Ken SCHAMP

Director · since 01 mars 2024 · until 06 juin 2030

Active

Ended mandates

AU-R-ORA

Director · since 01 octobre 2021 · until 31 décembre 2023 · 0772.979.835

Represented by Anna Bertona

Ended
AU-R-ORA

Director · since 01 octobre 2021 · until 03 juin 2027 · 0772.979.835

Represented by Anna Bertona

Ended
Evy Hellinckx

Managing director · since 01 octobre 2021 · until 29 février 2024

Ended
Evy Hellinckx

Managing director · since 01 octobre 2021 · until 03 juin 2027

Ended

Other companies at this address

Verlorenbroodstraat 120 9820 Merelbeke-Melle
CompanyCBE no.
0647.732.346

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 date26/05/202602/06/202523/05/202408/06/202311/07/202211/06/2021
General meeting03/04/202609/04/202526/04/202425/04/202302/06/202227/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202503/04/202626/05/2026DutchPDF
Full model31/12/202409/04/202502/06/2025DutchPDF
Full model31/12/202326/04/202423/05/2024DutchPDF
Full model31/12/202225/04/202308/06/2023DutchPDF
Full model31/12/202102/06/202211/07/2022DutchPDF
Full model31/12/202027/05/202111/06/2021DutchPDF
Full model31/12/201924/06/202017/07/2020DutchPDF
Full model31/12/201815/04/201910/05/2019DutchPDF
Full model31/12/201723/04/201825/05/2018DutchPDF
Full model31/12/201612/05/201720/06/2017DutchPDF
Full model31/12/201502/06/201615/06/2016DutchPDF
Full model31/12/201404/06/201522/06/2015DutchPDF
Full model31/12/201305/06/201418/06/2014DutchPDF
Full model31/12/201206/06/201318/07/2013DutchPDF
Full model31/12/201107/06/201211/06/2012DutchPDF
Full model31/12/201003/06/201110/06/2011DutchPDF
Full model31/12/200903/06/201011/06/2010DutchPDF
Full model31/12/200804/06/200924/06/2009DutchPDF
Full model31/12/200705/06/200820/06/2008DutchPDF
Full model31/12/200607/06/200715/06/2007DutchPDF

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

4 active · 47 ended

Active mandates

Basak Vural

Director · since 01 janvier 2026 · until 06 juin 2030

Active
Anubizz

Managing director · since 01 mars 2024 · until 06 juin 2030 · 0568.829.477

Represented by Rik Langerock

Active
CRESCENT CONSULTING

Director · since 01 mars 2024 · until 06 juin 2030 · 0599.787.919

Represented by Evy Hellinckx

Active
Ken SCHAMP

Director · since 01 mars 2024 · until 06 juin 2030

Active

Ended mandates

AU-R-ORA

Director · since 01 octobre 2021 · until 31 décembre 2023 · 0772.979.835

Represented by Anna Bertona

Ended
AU-R-ORA

Director · since 01 octobre 2021 · until 03 juin 2027 · 0772.979.835

Represented by Anna Bertona

Ended
Evy Hellinckx

Managing director · since 01 octobre 2021 · until 29 février 2024

Ended
Evy Hellinckx

Managing director · since 01 octobre 2021 · until 03 juin 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/11/2024
    DIVERSEN
    PDF
  • Mandates27/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 01/01/2026
    nominationBasak Vural — bestuurder
  2. 2025
    Annual accounts 202516 M €↑
  3. 2024
    Annual accounts 20248,6 M €↑
  4. 01/03/2024
    nominationCRESCENT CONSULTING — bestuurder
  5. 01/03/2024
    nominationAnubizz — bestuurder
  6. 01/03/2024
    reconductionKen Schamp — bestuurder
  7. 2023
    Annual accounts 20232,5 M €↓
  8. 2022
    Annual accounts 20224,6 M €↑
  9. 2021
    Annual accounts 20213,5 M €↑
  10. 26/05/2021
    reconductionPwC Bedrijfsrevisoren BV — commissaris
  11. 2020
    Annual accounts 20202,4 M €↓
  12. 2019
    Annual accounts 20193,8 M €↑
  13. 2018
    Annual accounts 20183,8 M €↑
  14. 2017
    Annual accounts 2017676,4 k €↓
  15. 2016
    Annual accounts 20162,3 M €↑
  16. 2015
    Annual accounts 20152,2 M €↑
  17. 2014
    Annual accounts 2014-2,8 M €↓
  18. 2012
    Annual accounts 20123,7 M €↑
  19. 2011
    Annual accounts 2011-368,1 k €↑
  20. 2010
    Annual accounts 2010-1,3 M €↓
  21. 2009
    Annual accounts 2009344,5 k €↓
  22. 2008
    Annual accounts 20081,7 M €↑
  23. 2007
    Annual accounts 2007-1,3 M €
  24. 28/04/2004
    IncorporationPublic limited company