NORMAL SITUATION

Azaé – Proxy Services

Financial year 2021 · closed on 31/12/2021
Net result
16,2 k €
+219.8% YoY
Revenue
8,3 M €
+8.0% YoY
Equity
329,5 k €
+5.2% YoY
Workforce
315,5 ETP
-2.3% YoY

Company — Normal situation.

What does Azaé – Proxy Services do?

Azaé – Proxy Services is a company registered in Belgium. It employs on average 315,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.114.569
Legal form
Private limited company
Contributed capital
100 000,00 €
Latest accounts
31/12/2021
Average workforce
315,5 ETP
Joint committees (4)
  • 200
  • 218
  • 322
  • 32201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue8,3 M €7,7 M €9,1 M €8,6 M €8,7 M €8,8 M €7,6 M €7,9 M €8,6 M €5,6 M €3,9 M €3,7 M €1,9 M €338,9 k €
EBITDA247,1 k €227,8 k €247,8 k €307,1 k €372,1 k €440,8 k €291,4 k €216,4 k €222,1 k €48,3 k €90,9 k €202,9 k €197,1 k €82,6 k €19,1 k €
Operating result70,6 k €34 k €54,6 k €103,6 k €162,9 k €214,5 k €125,3 k €71,1 k €113 k €-29,5 k €55,8 k €102,3 k €104,9 k €61 k €17,1 k €
Net result16,2 k €-13,5 k €-9,1 k €30 k €55,7 k €64,6 k €20,8 k €-36,3 k €1,2 k €-153,1 k €55,2 k €59,7 k €82 k €17,9 k €16,7 k €
Balance sheet
Equity329,5 k €313,4 k €326,8 k €335,9 k €305,9 k €250,2 k €52,6 k €10,4 k €46,7 k €45,5 k €198,6 k €143,5 k €83,8 k €18,9 k €22,9 k €
Total assets2 M €2,3 M €2,2 M €2,3 M €2,5 M €2,6 M €2,4 M €2,1 M €2,2 M €1,9 M €1,2 M €937,5 k €956,7 k €425,5 k €140,2 k €
Cash411,3 k €357,5 k €533,9 k €343,6 k €359,6 k €459,5 k €356 k €275,2 k €884,3 k €661,1 k €270,8 k €353 k €343 k €87,4 k €16,9 k €
Debts1,6 M €2 M €1,8 M €1,9 M €2,2 M €2,3 M €2,3 M €2,1 M €2,1 M €1,9 M €972 k €730 k €871,9 k €406,6 k €116,6 k €
Other
Workforce315,5 ETP323,0 ETP331,0 ETP303,0 ETP301,7 ETP317,5 ETP253,2 ETP279,5 ETP307,2 ETP343,0 ETP130,0 ETP130,0 ETP101,8 ETP94,9 ETP11,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 25 ended

Active mandates

HCServices Belgium

Mandate · 0877.794.768

Active
LUC SERVAIS

Mandate

Active

Ended mandates

SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS

Director · since 25 novembre 2015 · until 24 novembre 2019 · 0426.887.397

Represented by Sarah KRINS

Ended
ALETHEA

Director · since 24 novembre 2015 · until 23 novembre 2021 · 0860.747.415

Represented by Charles DELLOYE

Ended
ALETHEA

Director · since 24 novembre 2015 · until 24 novembre 2019 · 0860.747.415

Represented by Charles DELLOYE

Ended
ALETHEA

Director · since 24 novembre 2015 · until 24 novembre 2019 · 0860.747.415

Represented by Charles DELLOYE

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202213/07/202117/07/202027/06/201913/06/201808/08/2017
General meeting06/06/202211/06/202110/07/202018/06/201901/06/201822/06/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202106/06/202215/07/2022FrenchPDF
Full model31/12/202011/06/202113/07/2021FrenchPDF
Full model31/12/201910/07/202017/07/2020FrenchPDF
Full model31/12/201818/06/201927/06/2019FrenchPDF
Full model31/12/201701/06/201813/06/2018FrenchPDF
Full model31/12/201622/06/201708/08/2017FrenchPDF
Full model31/12/201506/05/201607/06/2016FrenchPDF
Full model31/12/201428/09/201529/09/2015FrenchPDF
Full model31/12/201325/06/201421/08/2014FrenchPDF
Full model31/12/201226/06/201324/07/2013FrenchPDF
Full model31/12/201101/06/201231/07/2012FrenchPDF
Full model31/12/201030/06/201102/11/2011FrenchPDF
Abridged modelCorrection31/12/200930/06/201009/09/2010FrenchPDF
Abridged model31/12/200930/06/201019/08/2010FrenchPDF
Abridged model31/12/200805/06/200923/07/2009FrenchPDF
Abridged model31/12/200706/06/200829/08/2008FrenchPDF
Estimate

Indicative valuation

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 31/12/2021 · 2 active · 25 ended

Active mandates

HCServices Belgium

Mandate · 0877.794.768

Active
LUC SERVAIS

Mandate

Active

Ended mandates

SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS

Director · since 25 novembre 2015 · until 24 novembre 2019 · 0426.887.397

Represented by Sarah KRINS

Ended
ALETHEA

Director · since 24 novembre 2015 · until 23 novembre 2021 · 0860.747.415

Represented by Charles DELLOYE

Ended
ALETHEA

Director · since 24 novembre 2015 · until 24 novembre 2019 · 0860.747.415

Represented by Charles DELLOYE

Ended
ALETHEA

Director · since 24 novembre 2015 · until 24 novembre 2019 · 0860.747.415

Represented by Charles DELLOYE

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 202116,2 k €
  2. 2020
    Annual accounts 2020-13,5 k €
  3. 2019
    Annual accounts 2019-9,1 k €
  4. 2018
    Annual accounts 201830 k €
  5. 2017
    Annual accounts 201755,7 k €
  6. 2016
    Annual accounts 201664,6 k €
  7. 2015
    Annual accounts 201520,8 k €
  8. 2014
    Annual accounts 2014-36,3 k €
  9. 2013
    Annual accounts 20131,2 k €
  10. 2012
    Annual accounts 2012-153,1 k €
  11. 2011
    Annual accounts 201155,2 k €
  12. 2010
    Annual accounts 201059,7 k €
  13. 2009
    Annual accounts 200982 k €
  14. 2008
    Annual accounts 200817,9 k €
  15. 2007
    Annual accounts 200716,7 k €