A&A Management
ActiveSummary
A&A Management has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339k and a net result of €147k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+14
Solvency81▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.28 in 2024; short-term debt: 36.1% and cash: 1.1% of total assets), and 43.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.1%
Return on assets
24.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
45 d early
2023
27 d early
2022
33 d early
2021
18 d early
2020
5 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€339k▲ 14.9%
2024 · €295k
2018: €228k
2019: €240k▲ +5.4% vs 2018
2020: €174k▼ -27.6% vs 2019
2021: €184k▲ +6.2% vs 2020
2022: €130k▼ -29.4% vs 2021lowest in 8 years
2023: €223k▲ +71.5% vs 2022
2024: €295k▲ +32.3% vs 2023
2025: €339k▲ +14.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€605k▲ 8.5%
2024 · €558k
2018: €488k
2019: €451k▼ -7.5% vs 2018
2020: €370k▼ -18.0% vs 2019
2021: €390k▲ +5.4% vs 2020
2022: €352k▼ -9.6% vs 2021lowest in 8 years
2023: €968k▲ +175% vs 2022highest in 8 years
2024: €558k▼ -42.4% vs 2023
2025: €605k▲ +8.5% vs 2024
2018 → 2025
Net result
€147k▲ 103%
2024 · €72k
2018: €70k
2019: €12k▼ -82.6% vs 2018
2020: €-66k▼ -643% vs 2019lowest in 8 years
2021: €11k▲ +116% vs 2020
2022: €16k▲ +44.7% vs 2021
2023: €93k▲ +497% vs 2022
2024: €72k▼ -22.6% vs 2023
2025: €147k▲ +103% vs 2024highest in 8 years
2018 → 2025
Working capital
€308k▲ 19.3%
2024 · €258k
2018: €266k
2019: €238k▼ -10.4% vs 2018
2020: €178k▼ -25.3% vs 2019
2021: €196k▲ +10.4% vs 2020
2022: €137k▼ -30.5% vs 2021lowest in 8 years
2023: €215k▲ +57.3% vs 2022
2024: €258k▲ +20.3% vs 2023
2025: €308k▲ +19.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€130k▼ 29.4%€223k▲ 71.5%€295k▲ 32.3%€339k▲ 14.9%
2021: €184k
2022: €130k▼ -29.4% vs 2021lowest in 5 years
2023: €223k▲ +71.5% vs 2022
2024: €295k▲ +32.3% vs 2023
2025: €339k▲ +14.9% vs 2024highest in 5 years
Operating result€20k-€24k▲ 18.9%€132k▲ 458%€108k▼ 17.8%€218k▲ 101%
2021: €20klowest in 5 years
2022: €24k▲ +18.9% vs 2021
2023: €132k▲ +458% vs 2022
2024: €108k▼ -17.8% vs 2023
2025: €218k▲ +101% vs 2024highest in 5 years
Net result€11k-€16k▲ 44.7%€93k▲ 497%€72k▼ 22.6%€147k▲ 103%
2021: €11klowest in 5 years
2022: €16k▲ +44.7% vs 2021
2023: €93k▲ +497% vs 2022
2024: €72k▼ -22.6% vs 2023
2025: €147k▲ +103% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 101% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €605k
Fixed assets
€78k ▼ 19.7%
Current assets
€527k ▲ 14.5%
Equity and liabilities €605k
Equity
€339k ▲ 14.9%
Debt
€266k ▲ 1.4%
Debt's share of the balance-sheet total falls from 47.0% to 43.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€238k▲
2024 · €126k
Cash flow
€166k▲
2024 · €90k
Current ratio
2.41▲
2024 · 2.28
Debt to equity
0.78▼
2024 · 0.89
ROE
43.2%▲
2024 · 24.4%
ROA
24.2%▲
2024 · 12.9%
Interest coverage
49.77▲
2024 · 18.73
Debt ≤ 1 year
€219k▲
2024 · €202k
Debt > 1 year
€45k▼
2024 · €59k
Income taxes
€67k▲
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€558k€605k▲
Fixed assets21/28€98k€78k▼
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€94k€77k▼
Land and buildings22€83k€70k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€9k€5k▼
Current assets29/58€460k€527k▲
Amounts receivable within one year40/41€410k€480k▲
Trade receivables40€76k€101k▲
Other amounts receivable41€334k€379k▲
Cash at bank and in hand54/58€42k€6k▼
Deferred charges and accrued income490/1€8k€41k▲
Equity and liabilities
Total equity and liabilities10/49€558k€605k▲
Equity10/15€295k€339k▲
Contributions10/11€12k€12k=
Reserves13€283k€327k▲
Distributable reserves133€283k€327k▲
Amounts payable17/49€262k€266k▲
Amounts payable after more than one year17€59k€45k▼
Financial debts170/4€59k€45k▼
Amounts payable within one year42/48€202k€219k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Financial debts43-€52k
Credit institutions430/8-€52k
Trade debts44€173k€130k▼
Suppliers440/4€173k€130k▼
Taxes, remuneration and social security45€15k€22k▲
Taxes450/3€15k€22k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€128k€240k▲
Operating profit (loss)9901€108k€218k▲
Financial income75/76B€1k€448▼
Recurring financial income75€1k€448▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€103k€214k▲
Income taxes67/77€31k€67k▲
Profit (loss) for the period9904€72k€147k▲
Profit (loss) for the period to be appropriated9905€72k€147k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€147k▲
Profit (loss) brought forward from the previous period14P€-80-
Transfer from equity791/2-€103k
Transfer to equity691/2€72k€147k▲
To other reserves6921€72k€147k▲
Profit to be distributed694/7-€103k
Return on contributions (dividend)694-€103k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €30k | €23k | €18k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €11k | €13k | €18k | €19k | ▲ 9.5% |
| Other operating charges640/8 | €2k | €3k | €2k | €2k | €3k | ▲ 58.4% |
| Gross operating margin9900 | €71k | €61k | €164k | €128k | €240k | ▲ 88.0% |
| Operating profit (loss)9901 | €20k | €24k | €132k | €108k | €218k | ▲ 101% |
| Financial income75/76B | €702 | €368 | €966 | €1k | €448 | ▼ 67.9% |
| Recurring financial income75 | €702 | €368 | €966 | €1k | €448 | ▼ 67.9% |
| Financial charges65/66B | €8k | €6k | €7k | €7k | €5k | ▼ 29.1% |
| Recurring financial charges65 | €8k | €6k | €7k | €7k | €5k | ▼ 29.1% |
| Profit (loss) for the period before taxes9903 | €13k | €18k | €126k | €103k | €214k | ▲ 107% |
| Income taxes67/77 | €2k | €2k | €33k | €31k | €67k | ▲ 117% |
| Profit (loss) for the period9904 | €11k | €16k | €93k | €72k | €147k | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €11k | €16k | €93k | €72k | €147k | ▲ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €390k | €352k | €968k | €558k | €605k | ▲ 8.5% |
| Fixed assets21/28 | €89k | €82k | €85k | €98k | €78k | ▼ 19.7% |
| Intangible fixed assets21 | - | - | €5k | €3k | €1k | ▼ 57.8% |
| Tangible fixed assets22/27 | €88k | €81k | €77k | €94k | €77k | ▼ 18.3% |
| Land and buildings22 | €87k | €77k | €67k | €83k | €70k | ▼ 15.5% |
| Plant, machinery and equipment23 | €628 | €3k | €3k | €3k | €2k | ▼ 13.1% |
| Furniture and vehicles24 | - | - | €7k | €9k | €5k | ▼ 47.2% |
| Financial fixed assets28 | €1k | €1k | €3k | - | - | - |
| Current assets29/58 | €301k | €271k | €882k | €460k | €527k | ▲ 14.5% |
| Amounts receivable after more than one year29 | €165k | €155k | €155k | - | - | - |
| Other amounts receivable291 | €165k | €155k | €155k | - | - | - |
| Stocks and contracts in progress3 | €41k | €34k | €23k | - | - | - |
| Stocks30/36 | €41k | €34k | €23k | - | - | - |
| Amounts receivable within one year40/41 | €58k | €69k | €599k | €410k | €480k | ▲ 17.1% |
| Trade receivables40 | €53k | €68k | €439k | €76k | €101k | ▲ 32.9% |
| Other amounts receivable41 | €5k | €171 | €160k | €334k | €379k | ▲ 13.5% |
| Cash at bank and in hand54/58 | €23k | €4k | €82k | €42k | €6k | ▼ 84.8% |
| Deferred charges and accrued income490/1 | €14k | €9k | €24k | €8k | €41k | ▲ 406% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €390k | €352k | €968k | €558k | €605k | ▲ 8.5% |
| Equity10/15 | €184k | €130k | €223k | €295k | €339k | ▲ 14.9% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €174k | €120k | €211k | €283k | €327k | ▲ 15.6% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €172k | €118k | €211k | €283k | €327k | ▲ 15.6% |
| Profit (loss) carried forward14 | €-2k | €-2k | €-80 | - | - | - |
| Amounts payable17/49 | €205k | €222k | €744k | €262k | €266k | ▲ 1.4% |
| Amounts payable after more than one year17 | €100k | €86k | €73k | €59k | €45k | ▼ 23.9% |
| Financial debts170/4 | €100k | €86k | €73k | €59k | €45k | ▼ 23.9% |
| Amounts payable within one year42/48 | €104k | €134k | €668k | €202k | €219k | ▲ 8.5% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €13k | €14k | €14k | ▲ 2.0% |
| Financial debts43 | - | €23k | €60k | - | €52k | - |
| Credit institutions430/8 | - | €23k | €60k | - | €52k | - |
| Trade debts44 | €73k | €83k | €581k | €173k | €130k | ▼ 24.7% |
| Suppliers440/4 | €73k | €83k | €581k | €173k | €130k | ▼ 24.7% |
| Taxes, remuneration and social security45 | €19k | €14k | €13k | €15k | €22k | ▲ 50.1% |
| Taxes450/3 | €17k | €11k | €13k | €15k | €22k | ▲ 50.1% |
| Remuneration and social security454/9 | €1k | €3k | - | - | - | - |
| Other amounts payable47/48 | - | €2k | - | - | - | - |
| Accrued charges and deferred income492/3 | €1k | €2k | €4k | €2k | €2k | ▲ 38.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €16k | €93k | €72k | €147k | ▲ 103% |
| + Depreciation and write-downs630 | €20k | €11k | €13k | €18k | €19k | ▲ 9.5% |
| Operating cash flow (approximation) | €30k | €26k | €106k | €90k | €166k | ▲ 84.9% |
| Investment in fixed assets (approximation) | - | €-3k | €-16k | €-30k | €0 | ▲ 100% |
| Change in cash | - | €-19k | €78k | €-39k | €-36k | ▲ 9.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €147k ▲103%
Operating result €218k, net result €147k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €223k ▲71.5%
3 profitable years in a row build equity to €223k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Wuustwezel · 2 establishment units since 2009
Ground area
2,699 m²
Building footprint
359 m²
Volume, LiDAR
2,324 m³
2 parcels, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
A&A Management
since 20092.182.101.904
A&A Management
since 20172.265.113.514
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053D0748/00E000 | Flanders | 2,426 m² | 1 · 196 m² | 14.6 m · 3 fl. |
| 11053D0710/00W000 | Flanders | 273 m² | 1 · 162 m² | 9.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,783 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-05-2008
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
33150Repair, maintenance and installation of machinery and equipment
33200Installation of industrial machinery and equipment
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.