A.E. Concept
ActiveSummary
The computed 12-month bankruptcy probability of A.E. Concept is 3.1% (moderate). The annual accounts of A.E. Concept for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 4522 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+4
Solvency31▼-6
Growth78=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.4 against 0.53 in 2024; short-term debt: 94.3% and cash: 5.3% of total assets), and 94.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.7%
Return on assets
-12.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 4522 sector peers (2025).
NBB · sector comparisonPosition among 4522 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
30 d late
2024
1 d early
2023
53 d late
2022
32 d early
← 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, micro schema
Equity
€2k▼ 69.0%
2024 · €6k
2022: €-3klowest in 4 years
2023: €13k▲ +475% vs 2022highest in 4 years
2024: €6k▼ -52.0% vs 2023
2025: €2k▼ -69.0% vs 2024
2022 → 2025
Total assets
€33k▼ 36.0%
2024 · €52k
2022: €13klowest in 4 years
2023: €33k▲ +144% vs 2022
2024: €52k▲ +58.2% vs 2023highest in 4 years
2025: €33k▼ -36.0% vs 2024
2022 → 2025
Net result
€-4k▲ 36.2%
2024 · €-7k
2022: €-7klowest in 4 years
2023: €16k▲ +334% vs 2022highest in 4 years
2024: €-7k▼ -141% vs 2023
2025: €-4k▲ +36.2% vs 2024
2022 → 2025
Working capital
€-19k▲ 11.3%
2024 · €-21k
2022: €-6k
2023: €-3k▲ +52.1% vs 2022highest in 4 years
2024: €-21k▼ -644% vs 2023lowest in 4 years
2025: €-19k▲ +11.3% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-3k-€13k€6k▼ 52.0%€2k▼ 69.0%
2022: €-3klowest in 4 years
2023: €13k▲ +475% vs 2022highest in 4 years
2024: €6k▼ -52.0% vs 2023
2025: €2k▼ -69.0% vs 2024
Operating result€-2k-€27k€2k▼ 93.6%€-1k
2022: €-2klowest in 4 years
2023: €27k▲ +1505% vs 2022highest in 4 years
2024: €2k▼ -93.6% vs 2023
2025: €-1k▼ -175% vs 2024
Net result€-7k-€16k€-7k€-4k▲ 36.2%
2022: €-7klowest in 4 years
2023: €16k▲ +334% vs 2022highest in 4 years
2024: €-7k▼ -141% vs 2023
2025: €-4k▲ +36.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€21k ▼ 24.2%
Current assets
€12k ▼ 49.3%
Equity and liabilities €33k
Equity
€2k ▼ 69.0%
Debt
€31k ▼ 31.6%
Debt's share of the balance-sheet total rises from 88.2% to 94.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €7k
Cash flow
€2k▲
2024 · €-1k
Current ratio
0.40▼
2024 · 0.53
Debt to equity
16.47▲
2024 · 7.46
ROE
-222.9%▼
2024 · -108.1%
ROA
-12.8%▲
2024 · -12.8%
Interest coverage
1.82▲
2024 · 1.31
Debt ≤ 1 year
€31k▼
2024 · €46k
Staff costs
€776
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€52k€33k▼
Fixed assets21/28€27k€21k▼
Tangible fixed assets22/27€27k€21k▼
Furniture and vehicles24€27k€21k▼
Current assets29/58€24k€12k▼
Amounts receivable within one year40/41€16k€11k▼
Trade receivables40€10k€11k▲
Other amounts receivable41€6k-
Cash at bank and in hand54/58€7k€2k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€52k€33k▼
Equity10/15€6k€2k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€3k€-2k▼
Amounts payable17/49€46k€31k▼
Amounts payable within one year42/48€46k€31k▼
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€39k€27k▼
Taxes450/3€39k€27k▼
Other amounts payable47/48€5€81▲
Income statement
Code20242025
Remuneration, social security and pensions62-€776
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€8k€2k▼
Non-recurring operating charges66A€10k-
Gross operating margin9900€25k€8k▼
Operating profit (loss)9901€2k€-1k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-4k€-4k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€-7k€-4k▲
Profit (loss) for the period to be appropriated9905€-7k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-2k▼
Profit (loss) brought forward from the previous period14P€9k€3k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €776 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €978 | €2k | €5k | €7k | ▲ 24.9% |
| Other operating charges640/8 | €5k | €7k | €8k | €2k | ▼ 74.6% |
| Non-recurring operating charges66A | - | - | €10k | - | - |
| Gross operating margin9900 | €4k | €36k | €25k | €8k | ▼ 67.7% |
| Operating profit (loss)9901 | €-2k | €27k | €2k | €-1k | ▼ 175% |
| Financial charges65/66B | €928 | €1k | €5k | €3k | ▼ 45.0% |
| Recurring financial charges65 | €928 | €1k | €5k | €3k | ▼ 45.0% |
| Profit (loss) for the period before taxes9903 | €-3k | €26k | €-4k | €-4k | ▼ 16.7% |
| Income taxes67/77 | €4k | €10k | €3k | - | - |
| Profit (loss) for the period9904 | €-7k | €16k | €-7k | €-4k | ▲ 36.2% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €16k | €-7k | €-4k | ▲ 36.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13k | €33k | €52k | €33k | ▼ 36.0% |
| Fixed assets21/28 | €3k | €16k | €27k | €21k | ▼ 24.2% |
| Tangible fixed assets22/27 | €3k | €16k | €27k | €21k | ▼ 24.2% |
| Furniture and vehicles24 | €3k | €16k | €27k | €21k | ▼ 24.2% |
| Current assets29/58 | €11k | €17k | €24k | €12k | ▼ 49.3% |
| Amounts receivable within one year40/41 | €7k | €13k | €16k | €11k | ▼ 32.2% |
| Trade receivables40 | €7k | €13k | €10k | €11k | ▲ 7.0% |
| Other amounts receivable41 | - | - | €6k | - | - |
| Cash at bank and in hand54/58 | €3k | €4k | €7k | €2k | ▼ 75.0% |
| Deferred charges and accrued income490/1 | €508 | €555 | €2k | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13k | €33k | €52k | €33k | ▼ 36.0% |
| Equity10/15 | €-3k | €13k | €6k | €2k | ▼ 69.0% |
| Contributions10/11 | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €-7k | €9k | €3k | €-2k | ▼ 161% |
| Amounts payable17/49 | €17k | €20k | €46k | €31k | ▼ 31.6% |
| Amounts payable within one year42/48 | €17k | €20k | €46k | €31k | ▼ 31.6% |
| Trade debts44 | €6k | €3k | €7k | €5k | ▼ 31.6% |
| Suppliers440/4 | €6k | €3k | €7k | €5k | ▼ 31.6% |
| Taxes, remuneration and social security45 | €9k | €16k | €39k | €27k | ▼ 31.8% |
| Taxes450/3 | €9k | €16k | €39k | €27k | ▼ 31.8% |
| Other amounts payable47/48 | €2k | €142 | €5 | €81 | ▲ 1,666% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €16k | €-7k | €-4k | ▲ 36.2% |
| + Depreciation and write-downs630 | €978 | €2k | €5k | €7k | ▲ 24.9% |
| Operating cash flow (approximation) | €-6k | €18k | €-1k | €2k | ▲ 282% |
| Investment in fixed assets (approximation) | - | €-15k | €-17k | €0 | ▲ 100% |
| Change in cash | - | €355 | €3k | €-5k | ▼ 264% |
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
11-09
State Gazette act
Resignation: Bruno Serafini (director)Registered-office move · Power of attorney5 facts ▸
State Gazette act
Resignation: Bruno Serafini (director)
Registered-office move · Power of attorney5 facts ▸
- General meeting, 17-07-2026
- Director resignation, Bruno Serafini (director)
- Director in office, Ayse Arslan (director and chair)
- Registered-office move, Rue Albert 1er 46, B15, 7134 Leval-Trahegnies
- Power of attorney, Laura-Kim Vanvaremberg
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 53 days late
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-09-2025
Resigned as Director
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Binche
Ground area
1.4 ha
Building footprint
987 m²
Volume, LiDAR
4,484 m³
Parcel 56043A0250/00D003, Wallonia · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56043A0250/00D003 | Wallonia | 1.4 ha | 1 · 987 m² | 9.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,006 companies in sector 81220 we hold annual accounts for 2,414. 478 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
Founded02-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.