Skip to content

A&E

Active Private limited companyfounded 1990active for 36 yearsWeg naar As 155, 3600 GenkKBO/BCE: BE 0440.535.396

Overview

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €1.1m (2020)
€781,629▼ 20.8%
lowest -€216,647 (2013)
€630,513▼ 14.4%
peak €4.1m (2018)
€3.6m▼ 3.2%
€913,688▲ 63.7%
peak 0 FTE (2023)
0 FTE 
Board3 names since 2003
2 directorsHEYLEN René Joseph Jean Maria and 1 other
Documentsfilings and deeds
22-04-2026100 days before the deadline
2025abbreviated format
Gross margin from €986,977 to €781,629Dividend €750,551Debts from €558,067 to €913,688

Key points

from the 2025 annual accounts

Equity

€3.6m ▼ 3.2%
3.82024+0.6Profit-0.8Dividend3.62025

A&E paid out €750,551 in dividends. That is 119% of the 2025 profit.

Turnover

≈ €1.2m estimated

The abbreviated format states no turnover.

Debts

€913,688 ▲ 63.7%
Other debts
+288,333
Taxes and wages
+80,103
The rest
-12,815

Debts rose by €355,621 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Liquidity

4.97 was 7.68 in 2024

Short-term debts rose from €558,067 to €913,688.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.

Position in the sector

€3.6m

More equity than 93% of companies in human health. Sector median €366,650 · 3,053 companies.

Checked score

93
Excellent
Financially stronger than 45% of small companies in human health (NACE 86)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 1,080 companies (NACE 86, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 80.0% of total assets
48-4short-term debt 20.0% · cash 3.5%
86-4return on assets 13.8%

Score breakdown

raises risk
Liquidity: current ratio 4.97, cash €158,407
lowers risk
Sector: Human health activities (NACE 86)
Size: total assets €4.6m
Figures for financial year 2025 (filed on 22-04-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, small). It does better than 77% of them on solvency, 16% on liquidity, 68% on profitability and 18% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as A&E has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of A&E itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for A&E. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €330,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.97 (7.68 in 2024), above the usual 1.5. Short-term debt is 20% and cash 3.5% of total assets. 20% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Size: total assets €4.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 4.97, cash €158,407
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-04-2026)
NBB · annual accounts
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 22-04-2026, 100 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
100 days early
2024
51 days early
2023
35 days early
2022
14 days early
2021
29 days late
2020
31 days late
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HR
Director, since 06-11-2003
HM
Director, since 25-03-2019
  • HEYLEN René all the sharesdeed of 04-01-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0440535396
Purpose change “Het bij wijze van inschrijving,inbreng,fusie samenwerking,financiële tussenkomt of anderszins verwerven van…” (deed in Dutch) · General meeting of 13-04-2023 · Gazette deed
HEYLEN René holds all the shares Director in office: HEYLEN René · Gazette deed
1 director resigning, 2 reappointments Resignation: HEYLEN Line · Reappointments: HEYLEN René Joseph Jean Maria and HEYLEN Micheline · HEYLEN René Joseph Jean Maria holds all the shares · General meeting of 27-03-2020 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
A&E Genk €4.6m €0.8m 80.0% 0
DR. VROLIX Genk €2.9m €0.9m 98.7% 0
DR. ORIS ELS Hasselt €4.7m €0.7m 99.7% 0
MOVENDI Hasselt €3.6m €0.9m 82.5% 0.5
ARELIN Ypres €4.4m €1.0m 81.0% 0
DR. DE MEESTER & DR. SERBRUYNS Sint-Niklaas €6.1m €0.7m 97.1% 0
Dr. Evert Matthys MKA Ypres €4.1m €0.6m 98.5% 0.4

These companies have the same main activity as A&E: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €2.9m and €6.1m, founded between 1995 and 2004.

Official details

Source: KBO
Status
Active since 03-04-1990Normal situation
Activity
Specialist medical practiceNACE 86220
Establishment unit
2.350.685.5283600 Genk, since 18-01-2003
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€781,629▼ 20.8%
€630,513▼ 14.4%
€3.6m▼ 3.2%
€4.6m▲ 5.5%
Filing
Filed on 22-04-2026, 100 days before the end of the filing period
Financials

Insights on A&E

A&E files the abbreviated format. That format states no turnover. The gross margin rose from €403,621 in 2006 to €781,629 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 22-04-2026, 100 days before the deadline
€781,629
▼ 20.8%
€758,407
▼ 21.3%
€780,313
▼ 20.8%
€652,419
▼ 13.9%
80.0%
▼ 7.1 percentage points
4.97
▼ 2.71

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.2m. Estimated: probably between €1.1m and €1.6m.

Money flows

no detail for 2025

Balance sheet

balance sheet total €4.6m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

80.0%

Higher than 71% of 3,053 companies in 2025.

4.97

Higher than 70% of 2,997 companies in 2025.

13.8%

Higher than 49% of 3,009 companies in 2025.

A&E Middle half of the sector 80% of the sector Abbreviated accounts in human health (NACE 86)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 4.6m4.3m4.3m4.0m3.8m3.6m3.7m4.3m3.9m3.3m2.8m2.7m2.7m2.4m2.5m2.5m2.5m1.8m1.4m1.3m
21/28 14,49734,99853,28968,12584,6581.1m1.1m1.2m1.3m1.3m1.4m1.4m1.5m1.6m1.6m1.6m1.7m666,435666,459381,685
22/27 8,92129,42247,71368,12584,6581.1m1.1m1.2m1.3m1.3m1.4m1.4m1.5m1.6m1.6m1.6m1.7m666,435666,459381,685
22 ----01.0m1.1m1.2m1.2m1.3m1.3m1.4m1.4m1.5m1.5m1.5m1.5m525,310501,459359,918
23 ---0903767162,4664,1302,7773,1732,0833,314330881688495--392
24 8,92129,42247,71368,12578,66595,4071984867,76215,03833,71355,38542,87292,509106,186123,332148,671141,125165,00021,375
25 ----5,903---------------
26 -----------4701,1392,0292,9181,4561,340---
28 5,5765,5765,576-050--------------
29/58 4.5m4.3m4.2m4.0m3.8m2.5m2.6m3.1m2.6m2.0m1.5m1.3m1.2m873,142922,655851,095827,4451.1m778,715876,166
29 421,838251,400---------250,631--------
290 -----------150,631--------
291 421,838251,400---------100,000--------
40/41 3.9m3.7m3.9m2.4m3.0m1.9m2.2m2.4m2.1m1.5m283,07446,58117,62749,30071,89548,65139,54728,87821,72027,696
40 179,24742,01563,226114,68625,0007,027279,869289,980300,127343,041283,074---------
41 3.7m3.7m3.8m2.3m3.0m1.9m2.0m2.1m1.8m1.2m-46,58117,62749,30071,89548,65139,54728,87821,72027,696
50/53 -0100,000--------541,345641,346541,345526,171515,435501,133462,248448,767430,060
54/58 158,407135,093126,5671.4m536,745439,094322,074715,648527,994526,3431.2m414,535295,3717,9249,72236,33918,019521,520280,958390,232
490/1 111,068163,087146,203177,578185,341149,52413,74913,142----265,246274,572314,867250,669268,747128,03527,27028,178
Balance sheet: equity and liabilities
10/49 4.6m4.3m4.3m4.0m3.8m3.6m3.7m4.3m3.9m3.3m2.8m2.7m2.7m2.4m2.5m2.5m2.5m1.8m1.4m1.3m
10/15 3.6m3.8m3.5m3.4m3.1m2.9m2.6m4.1m3.5m3.0m2.6m2.2m1.9m2.4m2.2m2.0m1.8m1.7m1.4m1.2m
10/11 20,00020,00020,00020,00020,00020,00020,0002.0m2.0m2.0m2.0m2.0m2.0m18,55018,55018,55018,55018,55018,55018,550
100 ------20,0002.0m2.0m2.0m2.0m2.0m2.0m18,55018,55018,55018,55018,55018,55018,550
13 3.6m3.7m3.4m3.3m3.0m2.8m2.6m2.1m1.4m992,728491,13031,2711,8552.4m2.2m2.0m1.8m1.6m1.4m1.2m
130/1 196,942196,942196,942198,797198,797198,797--------------
130 ------198,797198,797198,797198,797198,79731,2711,8551,8551,8551,8551,8551,8551,8551,855
1311 196,942196,942196,942198,797198,797198,797--------------
133 3.4m3.5m3.2m3.1m2.8m2.6m2.4m1.9m1.2m793,931292,333--2.4m2.2m2.0m1.8m1.6m1.4m1.2m
14 43,94143,94143,94143,94143,94143,94143,94143,94143,94124,41888,020134,681-39,8655,0253,2432,8104,8285,3263,9115,490
17/49 913,688558,067823,065617,052783,049762,0051.1m180,298455,566329,876258,240533,391740,08252,086300,002417,036662,576156,38430,85826,957
17 ------1.1m----229,997262,255-------
170/4 ------1.1m----229,997262,255-------
42/48 913,688558,067823,065610,591775,967762,0051,058180,298455,566329,876258,240303,394477,82730,073289,861417,036659,26722,30420,27311,556
42 ----------------350,000---
43 -------255316,54370,97545,607300,000-4,581265,000400,000----
430/8 --------109,56670,799-300,000-4,581265,000400,000----
439 -------255206,97717645,607---------
44 32,00144,81642,03592,08432,55594,0071,0581,22812,9605,8641,580453477,827---279,566---
440/4 32,00144,81642,03592,08432,55594,0071,0581,22812,9605,8641,580453477,827---279,566---
45 168,66388,560125,160112,86127,36429,153-178,815126,063253,037211,0532,941--24,86117,036---11,556
450/3 168,66388,560122,660112,86127,36429,153-178,815126,063253,037211,0532,941--24,86117,036---11,556
454/9 -02,500-----------------
47/48 713,024424,690655,869405,646716,047638,844-------25,492--29,70022,30420,273-
492/3 --06,4617,082--------22,01210,140-3,309134,07910,58515,401
Income statement
70 -------------------590,628
76A ---0330,483476,732-141,380----------5,000-
9900 781,629986,9771.1m1.1m958,7731.1m721,674968,998779,891793,723676,518305,119-50,683306,925332,039400,522291,733395,848314,396403,621
60/61 -------------------187,554
62 --324-----------------
630 21,90621,63821,79820,67540,12219,75736,46045,13051,10365,16968,85771,45064,92162,99886,12274,48960,49875,48677,65733,144
640/8 1,3161,5141,1612,377128,9836,7197,3419,6786,4216,7446,8525,5105,8785,1434,1172,5709,2702,7042,5272,365
66A ----054----46,003---------
9901 758,407963,8251.1m1.1m789,6681.1m677,873914,190722,367721,810600,809228,159-121,482238,783241,800323,464221,965317,658234,212368,112
75/76B 176,113127,80871,92324,91019,12518,91918,722159,74315,0701,6131,4612,4361,35715,22314,83114,44816,64623,21726,10323,128
75 176,113127,80871,92324,91019,12518,91918,72218,36315,0701,6131,4612,4361,35715,22314,83114,44816,64623,21726,10323,128
76B -------141,380------------
65/66B 3053,2192,00417,91310,90116,6955742,6717,8421,0256,7962241,4674,8418,9097,8716,1151278672,236
65 3053,2192,00417,91310,90116,6955742,6717,8421,0256,7962241,4674,8418,9097,8716,1151278672,236
9903 934,2151.1m1.1m1.1m797,8921.1m696,0211.1m729,595722,398549,471230,371-121,592249,165247,721330,040232,495340,749264,448389,004
67/77 303,702351,991376,677353,058203,650346,373248,979380,873283,076284,402136,27326,40995,05572,38382,289112,05857,993104,33481,026127,335
9904 630,513736,423763,465742,332594,242750,551447,042690,389446,519437,996413,198203,962-216,647176,782165,433217,982174,502236,415183,422261,669
789 ------------2.4m-------
689 --------426,99688,020145,334---------
9905 630,513736,423763,465742,332594,242750,551447,042690,38919,523349,976267,864203,9622.1m176,782165,433217,982174,502236,415183,422261,669
Appropriation of the result
9906 674,454780,363807,406786,273638,183794,492490,983734,33043,941437,996402,545164,0972.1m180,025168,243222,810179,828240,326188,911265,490
14P 43,94143,94143,94143,94143,941---------------
791/2 750,551447,043690,389426,996413,578489,275--------------
691/2 630,513736,423763,465742,332594,242750,551447,042690,389-413,578314,52529,416-175,000165,000220,000175,000235,000185,000260,000
6920 ----------22,19229,416--------
6921 630,513736,423763,465742,332594,242750,551447,042690,389-413,578292,333--175,000165,000220,000175,000235,000185,000260,000
694/7 750,551447,043690,389426,996413,578489,275------2.2m-------
694 750,551447,043690,389426,996413,578489,275------2.2m-------
Social balance sheet
9087 000-----------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 22-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 22-04-2026 2026-00084906 PDF
31-12-2024 abbreviated format 10-06-2025 2025-00130947 PDF
31-12-2023 abbreviated format 26-06-2024 2024-00163273 PDF
31-12-2022 abbreviated format 17-07-2023 2023-00247153 PDF
31-12-2021 abbreviated format 29-08-2022 2022-20345104 PDF
31-12-2020 abbreviated format 31-08-2021 2021-64100419 PDF
31-12-2019 abbreviated format 12-08-2020 2020-40400173 PDF
31-12-2018 abbreviated format 21-08-2019 2019-47900229 PDF
31-12-2017 abbreviated format 30-08-2018 2018-53300052 PDF
31-12-2016 abbreviated format 11-08-2017 2017-42600099 PDF
31-12-2015 abbreviated format 31-08-2016 2016-51400432 PDF
31-12-2014 abbreviated format 31-08-2015 2015-50500467 PDF
31-12-2013 abbreviated format 29-09-2014 2014-60200288 PDF
31-12-2012 abbreviated format 30-11-2013 2013-67800101 PDF
31-12-2011 abbreviated format 31-10-2012 2012-63300498 PDF
31-12-2010 abbreviated format 31-12-2011 2011-66100023 PDF
31-12-2009 abbreviated format 15-11-2010 2010-60700127 PDF
31-12-2008 abbreviated format 31-10-2009 2009-84700189 PDF
31-12-2007 abbreviated format 30-12-2008 2008-87900024 PDF
31-12-2006 abbreviated format 28-08-2007 2007-63600019 PDF
31-12-2005 abbreviated format 30-08-2006 2006-73502705 PDF
31-12-2004 abbreviated format 21-09-2005 2005-69401718 PDF
31-12-2003 abbreviated format 05-11-2004 2004-78002655 PDF
31-12-2002 abbreviated format 31-07-2003 2003-56201968 PDF
31-12-2001 abbreviated format 17-09-2002 2002-56300336 PDF
31-12-2000 abbreviated format 27-12-2001 2001-78403222 PDF
31-12-1999 abbreviated format 20-10-2000 2000-66703000 PDF
31-12-1998 abbreviated format 22-12-1999 1999-64200385 PDF
31-12-1997 abbreviated format 07-10-1998 1998-51701165 PDF
31-12-1996 abbreviated format 28-08-1997 1997-40103107 PDF
31-12-1995 abbreviated format 11-09-1996 1996-43302640 PDF
31-12-1994 abbreviated format 07-08-1995 1995-44503762 PDF
31-12-1993 abbreviated format 27-03-1995 1995-04404339 PDF
31-12-1992 abbreviated format 09-07-1993 1993-25500328 PDF
31-12-1991 abbreviated format 23-09-1992 1992-32604618 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
780,313985,4631.1m1.1m829,7901.1m714,333959,320773,470786,979669,666299,609-56,561301,782327,922397,952282,463393,144311,869401,256
652,419758,061785,262763,007634,364770,308483,502735,519497,622503,165482,055275,412-151,726239,781251,555292,471234,999311,901261,078294,813
1,4053,3476,9614,1429,05196,45204514,3352,3534,06035,21954,74841,37762,96123,2821.0m75,462362,43133,337
23,3138,526-1.2m815,63797,651117,020-393,574187,6541,651-646,519758,327119,164287,447-1,798-26,61718,320-503,501240,562-109,275-
3.6m3.7m3.4m3.3m3.0m1.8m2.6m3.0m2.2m1.7m1.2m949,698741,763843,069632,793434,058168,1791.1m758,443864,611
-------------------62.3%
80.0%87.1%80.8%84.6%79.6%79.1%70.4%95.8%88.3%90.1%90.9%80.2%72.5%97.9%88.0%83.0%73.4%91.3%97.9%97.9%
4.977.685.166.474.853.32-17.425.816.155.644.132.5529.033.182.041.2651.1438.4175.82
0.250.150.240.180.260.260.420.040.130.110.100.250.380.020.140.200.360.090.020.02
17.3%19.6%22.0%21.8%19.4%26.0%17.1%16.7%12.9%14.6%16.1%9.5%-11.1%7.4%7.5%10.7%9.6%14.3%13.0%21.3%
13.8%17.0%17.8%18.5%15.5%20.6%12.0%16.0%11.4%13.1%14.6%7.6%-8.1%7.3%6.6%8.9%7.0%13.1%12.7%20.8%
over 100over 100over 10061.9176.12---------------
-------------------17 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,405€3,347€1,385€4,142€9,051
Financial fixed assets€0-€5,576--
€21,906€21,638€21,798€20,675€40,122

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on A&E

The operating result for 2025 is 21% lower than in 2024 and the lowest since 2019. It is the third fall in a row.

Debt's share of the balance-sheet total rises from 12.9% to 20.0%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, last change in 2020
Director
since 06-11-2003
listed in the 2025 annual accounts, filed on 22-04-2026
Director
since 25-03-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 22-04-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
The sole director
deed of 08-04-2020

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
HEYLEN Line
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • HEYLEN René Joseph Jean Maria
    • Director, from 06-11-2003 to date
  • HEYLEN Micheline
    • Director, from 25-03-2019 to date
  • HEYLEN Line
    • Director, until 08-04-2020

See the board, name and registered office on a given date →

Control

Shareholder
HEYLEN René
This company
A&E
Equity €3.6m
Profit €630,513 in 2025

Capital

Contribution
€20,000
Shares
172
Contribution per share
€116
Equity per share
€21,186 in 2025
Source
2025 annual accounts

Articles of association

deed of 08-04-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
Term of at most 20 years
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June

Shareholders

Stated in the deed deed of 04-01-2022 ↗
  • HEYLEN René all shares
Stated in the deed deed of 08-04-2020 ↗
  • HEYLEN René Joseph Jean Maria all shares

Network & group

No group

A&E has no parent and no holdings in its annual accounts.

Connections & network

4 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Mithridate
Shared director · deed of 06-06-2023
Founded in 2023 · total assets €164,214 (2025) · negative equity
→
Dr. M. Heylen
via HEYLEN Micheline · Director (not named in the articles) · deed of 21-09-2020
Founded in 2020 · total assets €159,749 (2024) · accounts filed late
→
LINDE PROJECTS
Shared director · deed of 07-04-2023
Founded in 2023 · total assets €3.3m (2025)
→
European Patient Safety Foundation
Shared director · deed of 28-10-2019
Founded in 2013
→

Timeline

Timeline

48 events since 1990

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 100 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0440535396
Annual accounts 2024 filed PDFabbreviated format · 51 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 35 days before the deadline
2023
Highest result from 2006 to 2025 net €763,465 ▲2.8% The net result of €763,465 is the highest of those years.
Annual accounts 2022 filed PDFabbreviated format · 14 days before the deadline
Purpose change“Het bij wijze van inschrijving,inbreng,fusie samenwerking,financiële tussenkomt of anderszins verwerven van…” (deed in Dutch) · General meeting of 13-04-20233 points ▸
  • General meeting, 13-04-2023
  • Purpose change, “Het bij wijze van inschrijving,inbreng,fusie samenwerking,financiële tussenkomt of anderszins verwerven van een belang of deelneming in alle bestaande of nog op…” (deed in Dutch)
  • Amendment of the articles, article 3
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFabbreviated format · 29 days late
HEYLEN René holds all the sharesDirector in office: HEYLEN René1 point ▸
  • HEYLEN René holds all the shares
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFabbreviated format · 31 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 12 days late
1 director resigning, 2 reappointmentsResignation: HEYLEN Line · Reappointments: HEYLEN René Joseph Jean Maria and HEYLEN Micheline · HEYLEN René Joseph Jean Maria holds all the shares · General meeting of 27-03-20207 points ▸

Open the deed in the Belgian Official Gazette

2019
Liquidity more than 139 times current ratio 2434.60 The current ratio rises from 17.42 to 2434.60. Short-term debt falls from €180,298 to €1,058.
Annual accounts 2018 filed PDFabbreviated format · 21 days late
2018
Liquidity more than doubled current ratio 17.42 The current ratio rises from 5.81 to 17.42. Short-term debt falls from €455,566 to €180,298.
Annual accounts 2017 filed PDFabbreviated format · 30 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 11 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2014
Back to profit net €203,962 The net result is €203,962, after one loss-making year.
Annual accounts 2013 filed PDFabbreviated format · 60 days late
2013
Weakest financial year net -€216,647 The net result drops to -€216,647, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFabbreviated format · 122 days late
2012
Liquidity more than 9 times current ratio 29.03 The current ratio rises from 3.18 to 29.03. Short-term debt falls from €289,861 to €30,073.
Annual accounts 2011 filed PDFabbreviated format · 92 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 153 days late
2010
Equity above €2m equity €2.0m ▲11.9% With a profit in every financial year since 2006, equity grows to €2.0m.
Annual accounts 2009 filed PDFabbreviated format · 107 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 92 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 152 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 28 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
First establishment Weg naar As 155, Genk
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1990
Incorporation published on 01-05-1990

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

A&E was incorporated on 3 April 1990.1 Total assets went from €4.3m in 2018 to €4.6m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0440.535.396
VAT number
BE 0440.535.396
Peppol ID
0208:0440535396
Legal form
Private limited company
Status
Active, normal situation
Founded
03-04-1990
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June
deed of 08-04-2020 (in Dutch)
Peppol
Reachable since 29-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
A&E in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-04-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 08-04-2020 (in Dutch)

Activities

NACEBEL 2025
86220 Specialist medical practice main activity
Codes under NACEBEL 2008
86220 Human health activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“In binnen- en buitenland het uitoefenen,organiseren,bevorderen en structureren van alle beroepsactiviteiten van de arts-aandeelhouder of…”
17 activities
  1. In binnen- en buitenland het uitoefenen,organiseren,bevorderen en structureren van alle beroepsactiviteiten van de arts-aandeelhouder of artsen-aandeelhouders op de gebieden van de anesthesie (inclusief pijnbehandeling) en reanimatie (intensieve geneeskunde,urgentiegeneeskunde,medische reisbijstand en binnen- en buitenlandse evacuatie van patiënten),de gerechtelijke geneeskunde en de evaluatie menselijke schade,dit alles rekening houdend met de regelen van de medische plichtenleer qua uitoefening van de geneeskunde
  2. De geneeskunde zal enkel door de arts-aandeelhouder of artsen-aandeelhouders uitgeoefend worden
  3. Het uitvoeren van medische expertises
  4. Het zetelen in commissies en organen waar het wettelijk diploma van arts of een bijzonder beroepstitel voor vereist is
  5. De vennootschap ontvangt rechtstreeks alle verschuldigde honoraria en int voor eigen rekening
  6. Het ter beschikking stellen van nodige middelen voor de arts-aandeelhouders
  7. Het inrichten van algemene diensten en medisch secretariaat in het bijzonder,die nuttig of nodig zijn voor de uitoefening van voornoemde activiteiten
  8. Het verwerven,huren en/of leasen van alle medische apparatuur en begeleidende accommodaties,inclusief gebouwen en transportmiddelen,kortom van een volledige materiele infrastructuur voor de praktijk van de artsen-aandeelhouders
  9. Het scheppen van de mogelijkheden om de arts-aandeelhouder toe te laten zich verder te bekwamen in voormelde disciplines,dit teneinde een hoogstaande praktijkuitoefening mogelijk te maken
  10. De organisatie van seminaries,colloquia,cursussen,studiereizen en lessen in verband met de beroepsactiviteiten
  11. De vennootschap kan bovendien alle werkzaamheden en rechtshandelingen verrichten die van aard zijn om rechtstreeks de verwezenlijking van haar doel te bevorderen
  12. De vennootschap kan zonder afbreuk te doen aan de medische plichtenleer onder het normale beheer als goede huisvader een bestemming geven aan haar gereserveerde winsten
  13. Het bij wijze van inschrijving,inbreng,fusie samenwerking,financiële tussenkomt of anderszins verwerven van een belang of deelneming in alle bestaande of nog op te richten vennootschappen,ondernemingen,bedrijvigheden,instellingen of verenigingen zonder onderscheid in België of in het buitenland
  14. Het beheren,valoriseren en te gelde malen van deze belangen of deelnemingen of rechten en het onderzoeken van investerings- en desinvesteringsopportuniteiten,alsook het rechtstreeks of onrechtstreeks deelnemen aan het bestuur,de directie,de controle en vereffening van de vennootschappen,ondernemingen,bedrijvigheden,instellingen en verenigingen waarin de vennootschap een belang of deelneming of enig ander recht heeft
  15. Het verlenen van alle advies en bijstand op alle mogelijke vlakken van de bedrijfsvoering aan het bestuur en de directie van de vennootschappen,ondernemingen,bedrijvigheden,instellingen en verenigingen waarin zij een belang of deelneming of enig ander geheel of gedeeltelijk,rechtstreeks of onrechtstreeks behoren tot de activiteiten van een moedervennootschap
  16. Het aankopen,ruilen of anderszins verwerven,het verkopen,huren,verhuren,verkavelen,doen bouwen,doen verbouwen,doen bebouwen,van alle al dan niet bebouwde onroerende goederen,of rechten op onroerende goederen,in België en in het buitenland,alsmede het verrichten van alle handelingen die nodig,nuttig of dienstig zijn voor het beheren en uitbaten van een onroerend patrimonium van de vennootschap
  17. Het aankopen,verkopen,overdragen,beheren,te gelde maken en valoriseren,van alle roerende en rechten,en het stellen van alle handelingen of daden die nodig of nuttig zijn voor het beheer van dit roerend patrimonium van de vennootschap
deed of 21-04-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Weg naar As 155 registered office 3600 Genk 18-01-2003 2.350.685.528

Buildings and parcels at the address

Ground area
2,826 m²
Buildings
156 m²
Volume, LiDAR
999 m³
Tallest building
9.5 m
Buildings to scale, each on its own parcel
156 m², 9.5 m 156 m², 9.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
71016I1410/00Z0472,826 m² 1 · 156 m² 9.5 m · 2