A.E.C.
ActiveSummary
A.E.C. has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422,856 and a net result of €31,954. Equity grew by about 22% per year on average since 2018. In 2025 it fell by 30.7%. Its solvency ranks better than 66% of 11,775 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-01-2017 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
- Establishment unit
- 2.261.397.127 4630 Soumagne, since 30-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- JELTI MohamedDirector · since 30-01-2017
- JELTI Mohamed99 sharesdeed of 30-08-2023
- BIONDI Ada1 sharedeed of 30-08-2023
- Holdings
- Shares in 1 company XELIA
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €58,802
- ▼ 16.4%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €31,954
- ▲ 42.8%
- Equity
- €422,856
- ▼ 30.7%
- Total assets
- €615,483
- ▼ 12.8%
Score breakdownlowers riskLiquidity: current ratio 2.44, cash €404,526Size: total assets €615,483Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €422,856 (68.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 67% of them on solvency, 77% on liquidity, 40% on profitability and 16% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 9 filings
Every figure per financial year
The operating result for 2025 is 64% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 2.3 | 1 | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 | 1 |
| Joined | 4 | - | - | 1 |
| Left | 7 | - | - | 1 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,580 | €1,848 | €1,808 | €135,830 | €14,330 |
| Financial fixed assets | - | - | - | - | €1,250 |
| Depreciation and write-downs of the year | €11,657 | €832 | €6,661 | €6,914 | €8,960 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €130,334 | €53,054 | €59,553 | €19,053 | -€91 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,419 | €12,080 | €6,170 | €11,657 | €832 | €6,661 | €6,914 | €8,960 | ▲ 29.6% |
| Other operating charges640/8 | - | - | - | €6,317 | €2,334 | €632 | €14,988 | €1,626 | ▼ 89.2% |
| Gross operating margin9900 | €122,070 | €142,913 | €283,134 | €405,726 | €194,139 | €175,784 | €70,326 | €58,802 | ▼ 16.4% |
| Operating profit (loss)9901 | €99,720 | €76,974 | €193,320 | €257,419 | €137,918 | €108,937 | €29,371 | €48,307 | ▲ 64.5% |
| Financial income75/76B | - | - | - | €0 | €0 | €1,179 | €3,412 | €1,139 | ▼ 66.6% |
| Recurring financial income75 | - | €0 | €109 | €0 | €0 | €1,179 | €3,412 | €1,139 | ▼ 66.6% |
| Financial charges65/66B | - | - | - | €1,201 | €1,509 | €564 | €333 | €282 | ▼ 15.4% |
| Recurring financial charges65 | €509 | €601 | €863 | €1,201 | €1,509 | €564 | €333 | €282 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €99,211 | €76,374 | €192,566 | €256,219 | €136,409 | €109,551 | €32,450 | €49,163 | ▲ 51.5% |
| Income taxes67/77 | €21,430 | €23,096 | €60,545 | €81,766 | €44,022 | €32,905 | €10,081 | €17,210 | ▲ 70.7% |
| Profit (loss) for the period9904 | €77,781 | €53,278 | €132,021 | €174,453 | €92,387 | €76,646 | €22,369 | €31,954 | ▲ 42.8% |
| Profit (loss) for the period to be appropriated9905 | €77,781 | €53,278 | €132,021 | €174,453 | €92,387 | €76,646 | €22,369 | €31,954 | ▲ 42.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €184,732 | €243,882 | €514,425 | €621,842 | €683,431 | €668,702 | €705,547 | €615,483 | ▼ 12.8% |
| Fixed assets21/28 | €13,467 | €7,173 | €56,834 | €41,234 | €15,645 | €10,791 | €139,707 | €146,299 | ▲ 4.7% |
| Tangible fixed assets22/27 | €13,467 | €7,173 | €56,834 | €41,234 | €15,645 | €10,791 | €139,707 | €145,049 | ▲ 3.8% |
| Land and buildings22 | - | - | - | - | - | - | €130,127 | €137,180 | ▲ 5.4% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €1,103 | €848 | ▼ 23.1% |
| Furniture and vehicles24 | - | - | - | €14,110 | €6,200 | €2,616 | €1,572 | €1,386 | ▼ 11.8% |
| Other tangible fixed assets26 | - | - | - | €27,124 | €9,445 | €8,175 | €6,905 | €5,635 | ▼ 18.4% |
| Financial fixed assets28 | - | - | - | - | - | - | - | €1,250 | - |
| Current assets29/58 | €171,264 | €236,709 | €457,591 | €580,608 | €667,786 | €657,911 | €565,840 | €469,184 | ▼ 17.1% |
| Amounts receivable after more than one year29 | - | - | - | - | €88,897 | €83,735 | €113,141 | €16,784 | ▼ 85.2% |
| Other amounts receivable291 | - | - | - | - | €88,897 | €83,735 | €113,141 | €16,784 | ▼ 85.2% |
| Amounts receivable within one year40/41 | €5,025 | €65,925 | €232,087 | €78,778 | €120,160 | €55,929 | €88,247 | €47,829 | ▼ 45.8% |
| Trade receivables40 | - | - | - | €57,237 | €113,445 | €46,585 | €73,654 | €15,673 | ▼ 78.7% |
| Other amounts receivable41 | - | - | - | €21,541 | €6,715 | €9,344 | €14,593 | €32,155 | ▲ 120% |
| Cash at bank and in hand54/58 | €161,243 | €170,785 | €225,505 | €501,829 | €458,729 | €518,247 | €329,452 | €404,526 | ▲ 22.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €35,000 | €45 | ▼ 99.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €184,732 | €243,882 | €514,425 | €621,842 | €683,431 | €668,702 | €705,547 | €615,483 | ▼ 12.8% |
| Equity10/15 | €103,574 | €165,552 | €297,573 | €472,026 | €564,412 | €641,058 | €610,150 | €422,856 | ▼ 30.7% |
| Contributions10/11 | €9,900 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €55,138 | €187,159 | €361,611 | €453,998 | €530,644 | €499,736 | €312,442 | ▼ 37.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €359,751 | €452,138 | €530,644 | €499,736 | €312,442 | ▼ 37.5% |
| Profit (loss) carried forward14 | €91,814 | €91,814 | €91,814 | €91,814 | €91,814 | €91,814 | €91,814 | €91,814 | = |
| Amounts payable17/49 | €81,158 | €78,331 | €216,853 | €149,816 | €119,019 | €27,643 | €95,397 | €192,627 | ▲ 102% |
| Amounts payable after more than one year17 | €13,425 | €9,161 | €21,711 | €13,678 | €5,515 | - | - | - | - |
| Financial debts170/4 | - | - | - | €13,678 | €5,515 | - | - | - | - |
| Amounts payable within one year42/48 | €67,732 | €69,170 | €158,475 | €136,082 | €113,317 | €27,643 | €95,397 | €192,227 | ▲ 102% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,033 | €8,163 | €5,515 | - | - | - |
| Financial debts43 | - | - | - | - | €13,207 | - | - | - | - |
| Credit institutions430/8 | - | - | - | - | €13,207 | - | - | - | - |
| Trade debts44 | €8,457 | €5,204 | €42,120 | €12,348 | €11,391 | €3,209 | €23,119 | €1,341 | ▼ 94.2% |
| Suppliers440/4 | - | - | - | €12,348 | €11,391 | €3,209 | €23,119 | €1,341 | ▼ 94.2% |
| Taxes, remuneration and social security45 | - | - | - | €115,322 | €80,557 | €18,541 | €21,286 | €21,391 | ▲ 0.5% |
| Taxes450/3 | - | - | - | €106,547 | €69,305 | €10,337 | €21,286 | €21,391 | ▲ 0.5% |
| Remuneration and social security454/9 | - | - | - | €8,776 | €11,252 | €8,205 | - | - | - |
| Other amounts payable47/48 | - | - | - | €378 | - | €378 | €50,992 | €169,495 | ▲ 232% |
| Accrued charges and deferred income492/3 | - | - | - | €57 | €186 | - | - | €400 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €77,781 | €53,278 | €132,021 | €174,453 | €92,387 | €76,646 | €22,369 | €31,954 | ▲ 42.8% |
| + Depreciation and write-downs630 | €10,419 | €12,080 | €6,170 | €11,657 | €832 | €6,661 | €6,914 | €8,960 | ▲ 29.6% |
| Operating cash flow (approximation) | €88,200 | €65,357 | €138,191 | €186,109 | €93,219 | €83,307 | €29,283 | €40,914 | ▲ 39.7% |
| Investment in fixed assets (approximation) | - | -€5,785 | -€55,831 | €3,943 | €24,757 | -€1,808 | -€135,830 | -€15,553 | ▲ 88.5% |
| Change in cash | - | €9,542 | €54,720 | €276,325 | -€43,101 | €59,518 | -€188,795 | €75,074 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,782 companies had the same profile as A.E.C. has now. Two years later, 96.7% were still going and 0.6% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of A.E.C. itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 6,782 companies, not a prediction for A.E.C.. 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.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00243869 | |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00245530 | |
| 31-12-2023 | micro format | 20-06-2024 | 2024-00150509 | |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00148993 | |
| 31-12-2021 | micro format | 11-07-2022 | 2022-20177664 | |
| 31-12-2020 | micro format | 24-06-2021 | 2021-23900317 | |
| 31-12-2019 | micro format | 03-08-2020 | 2020-38300310 | |
| 31-12-2018 | micro format | 20-08-2019 | 2019-47700575 | |
| 31-12-2017 | full format | 29-01-2019 | 2019-04000426 |
Board & ownership
Directors
Owners and capital
Shareholders
- JELTI Mohamed 99 shares
- BIONDI Ada 1 share
Capital transactions
- 30-08-2023 Converted to unavailable equity · €20,460
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| JELTI Mohamed |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs, organe d'administration”
Articles of association, deed of 30-08-2023 (in French)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 202550%
Connections & network
1 current directorThe network starts from the directors of A.E.C.. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
30-08
Gazette deed
Resignation: JELTI Mohamed (manager)Reappointment: JELTI Mohamed (director) · Director discharge: JELTI Mohamed · JELTI Mohamed holds 99 shares7 points ▸
- Director resignation, JELTI Mohamed (manager)
- Director reappointment, JELTI Mohamed (director (not named in the articles))
- Director discharge, JELTI Mohamed
- Registered office clause, rue des Genêts 5, 4630 Soumagne (Ayeneux)
- General meeting, 22-08-2023
- JELTI Mohamed holds 99 shares
- BIONDI Ada holds 1 share
- The deed holds 5 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
26 activities
- Toutes activités se rapportant directement ou indirectement à
- La vente en gros et en détail,l’import-export de
- L’exploitation de
- Toutes prestations de service,de formation,de conseil sous forme d’ingénierie,d’études,d’organisations,d’expertises,actes et conseils techniques,d’assistance administrative,technique et économique ou autre destinées aux entreprises industrielles,commerciales,de services ou autres,en ce compris les services d’assistance à la conception,la mise en service,l’amélioration d’équipements et de systèmes d’automatisation de processus industriels ou commerciaux
- L’entreprise générale de construction et notamment le gros œuvre,la maçonnerie et le béton,les travaux de démolition,plafonnage,cimentage,pose de chape,tailleur de pierre,marbrier,carrelage,toiture et étanchéité,sanitaire et plomberie,installation chauffage au gaz,de chauffage central,zinguerie et couvertures métalliques et non métalliques,travaux de vitrage,menuiserie charpenterie,peinture,pose revêtements murs et sols,électricité générale ainsi que tous placements de système d’alarme,de climatisation et de domotique,électrotechnique,lavage de vitres,horticulture,élagage d’arbres,aménagement de parcs et de jardin,construction de pavillons démontables et baraquements non métalliques,placement de clôture,ramonage de cheminées,installation d’échafaudage,de rejointoiement et nettoyage de façades,travaux d’égout,travaux de pose de câbles et de canalisations diverses,fabrication et d’installation de cheminées ornementales,nettoyage et désinfection de maisons et de locaux,meubles,ameublement et objets divers,fabrication et garnissage de meubles non métallique,installation de ventilation et d’aération,de chauffage à air chaud,de conditionnement d’air et de tuyauteries industrielles,travaux de drainage,placement de cuisines équipées,construction,réfection et entretien des routes
- Nettoyage intérieur de bâtiments de tous types,y compris les bureaux,les ateliers,les usines,les locaux d’institutions et les autres locaux à usage commercial ou professionnel ainsi que les maisons unifamiliales et les immeubles à appartements,le nettoyage des vitres,le repassage ainsi que toutes activités dans le cadre des titres services au domicile et hors domicile de l’utilisateur des titres services
- La restauration en général et le secteur Horeca,l’organisation de banquets et réceptions,le service traiteur,y compris l’organisation,la gestion et l’exploitation de restaurants,sandwicheries,snackbars,bars,cafétérias,débits de boissons,ainsi que toutes opérations de tourisme,d’hôtellerie,de divertissements et de loisirs en ce compris l’achat,la vente en gros et au détail,l’import-export de tous produits se rapportant directement ou indirectement à ces activités
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
- Transport national et international par route de personnes et de marchandises,courrier express
- L’informatique au sens le plus large du terme,tels que la création de sites internet et de logiciels informatique,l’étude,la recherche,la conception,le développement,la mise en place et la commercialisation de technologies et de systèmes informatisés,de systèmes de régulations,d’exploitations,de gestion assistées,administratifs,commerciaux,industriels;la création et la commercialisation de programme informatiques,d’application relatives au domaine IT et de tout software
- Le commerce ambulant
- Matériels de construction,de bricolage,matériel électrique et électronique,sanitaire et de plomberie,machines industrielles
- Tous produits alimentaires tels que fruits,légumes,conserves,produits laitiers,produits de la mer,poissons,boucherie,articles de ménage et articles cadeaux
- Tous textiles en général,vêtements divers,chaussures,cordonnerie,serrurerie,maroquinerie dans le sens le plus large
- Tous produits de l’artisanat en général,tapisseries,antiquités,brocantes,objets de décoration et tous mobiliers
- Tous les articles de parfumerie,de toilette,cosmétiques,produits de beauté,maquillage ainsi que savons et détergents
- Tous les articles d’horticulture tels que fleurs,plantes,articles de jardinage,aménagement et entretien de jardins et de pépinières
- Tous bijoux,orfèvrerie
- Tous appareils électroménagers,audio,vidéo,électronique,télécommunication,livres et revues,matériel de bureau et informatique
- Commerce d’alimentation générale dans le sens plus large du terme,cabines téléphoniques,nightshop
- L’achat,la vente,l’importation,l’exportation,la location à court ou à long termes,le leasing,la représentation,la fabrication,le montage,la démolition,le transport de réparation,le lavage,l’entretien de tous les véhicules automobiles,voitures mixtes,utilitaires,camions,motos,cyclomoteurs,vélos ainsi que des accessoires et pièces de ces véhicules,le tout neuf ou d’occasion,en ce compris le commerce de détail et de gros de pièces détachées et d’équipements divers,le commerce des huiles,essences,carburants,lubrifiants,moteurs,pneumatiques et d’une manière générale de produits quelconques se rapportant à l’automobile,atelier de réparation de carrosserie automobile et de tous les véhicules,carwash,station-service
- Dépôt et atelier de fabrication de tous produits de boulangerie et de pâtisserie,de tous produits alimentaires et non alimentaires
- Libraire dans le sens le plus large du mot,c’est à dire,le commerce de détail en journaux,les magazines,les hebdomadaires,les revues,les livres,les articles de papeterie,les cartes routières,les plans de villes et similaires,les billets de loterie,le lotto,le tiercé,les articles pour fumeurs dans le sens le plus large du mot
- Boucherie,charcuterie,ainsi que la vente,l’achat,l’import,l’export,la distribution,la commercialisation,la fabrication,la conception,la préparation et le commerce en général de tous produits ayant un rapport avec la boucherie,la charcuterie,l’épicerie fine
- L’exploitation de salons de coiffure hommes,dames et enfants,les conseils en beauté et en soins de visage et corps,les soins de la peau et d’épilation,les soins de manucure et de pédicure
- L’exploitation d’une entreprise de taxis,de bureaux de centralisation d’appels téléphoniques et de transmissions pour taxis,la location de tous types de véhicules,avec ou sans chauffeur et le covoiturage,une mise en relation entre chauffeur et utilisateur de transport via des plateformes(application Smartphone)
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62008C0121/00P000 | Wallonia | 1,244 m² | 1 · 142 m² | 10.3 m · 3 |