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A.A. INSTALL GROUP

Open bankruptcy
Private limited companyfounded 2022Steenweg 3, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0787.637.525

A bankruptcy procedure is open for A.A. INSTALL GROUP according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-2k) and a net result of €14k.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 36373 sector peers (2024).
NBB · sector comparison
Position among 36373 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
20 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€-2k▲ 90.1%
2023 · €-16k
2023: €-16k
2023 → 2024
Total assets
€61k▲ 11.3%
2023 · €55k
2023: €55k
2023 → 2024
Net result
€14k
2023 · €-18k
2023: €-18k
2023 → 2024
Working capital
€-2k▲ 87.0%
2023 · €-17k
2023: €-17k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€-16k-€-2k▲ 90.1%
Operating result€-19k-€12k
Net result€-18k-€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2023: €-19k€-19kNet result 2023: €-18k€-18kOperating result 2024: €12k€12kNet result 2024: €14k€14k20232024
The operating result returns to profit in 2024: €12k after a loss of €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61k
Fixed assets €570=
Current assets €61k▲ 11.4%
Key figures and ratios
2024 value · change against 2023
Solvency
-2.6%
2023 · -29.1%
Current ratio
0.97
2023 · 0.77
Quick ratio
0.97
2023 · 0.77
Debt / equity
-39.54
2023 · -4.43
ROA
23.6%
2023 · -31.8%
Debt
€63k
2023 · €71k
Debt ≤ 1 year
€63k
2023 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€55k€61k
Fixed assets21/28€570€570=
Financial fixed assets28€570€570=
Current assets29/58€55k€61k
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Amounts receivable within one year40/41€24k€23k
Other amounts receivable41€24k€23k
Cash at bank and in hand54/58€416€8k
Equity and liabilities
Total equity and liabilities10/49€55k€61k
Equity10/15€-16k€-2k
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-18k€-3k
Amounts payable17/49€71k€63k
Amounts payable within one year42/48€71k€63k
Trade debts44€71k€61k
Suppliers440/4€52k€49k
Bills of exchange payable441€19k€12k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Income statement Code20232024
Other operating charges640/8€447€1k
Gross operating margin9900€-18k€13k
Operating profit (loss)9901€-19k€12k
Financial income75/76B€2k€2k
Recurring financial income75€2k€2k
Financial charges65/66B€835€74
Recurring financial charges65€835€74
Profit (loss) for the period before taxes9903€-18k€14k
Profit (loss) for the period9904€-18k€14k
Profit (loss) for the period to be appropriated9905€-18k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-3k
Profit (loss) brought forward from the previous period14P-€-18k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
18-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · A.A. INSTALL GROUP BV STEENWEG 3, 3540 HERK-DE-STAD · event 12-03-2026
2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
20-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Steenweg 33540 Herk-de-Stad
Ground area
5,956 m²
Building footprint
357 m²
Parcel 71003B0070/00Z004, Flanders. Linked by address, not a title deed.
1 establishment unit
A.A. INSTALL GROUP
Steenweg 3, 3540 Herk-de-StadGeneral construction of buildings
since 20222.332.567.017
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71003B0070/00Z004 Flanders 5,956 m² 1 · 357 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator KARL VANSTIPELEN
STATIONSSTRAAT 108, 3400 LANDEN
12-03-2026 → present
Curator WINNY TIRMARCHE
STATIONSSTRAAT 108A 108, 3400 LANDEN-
12-03-2026 → present

Similar companies · same sector and region

We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 15,529 companies in sector 43990 we hold annual accounts for 7,423.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-06-2022
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
46620Wholesale of machine tools
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.