Losses
-€10,878 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
A.E. Concept
Overview
Lifetime
4 annual accounts with figures on one time axispeak €36,185 (2023)
€8,119▼ 67.7%
lowest -€6,906 (2022)
-€4,239▲ €2,401
peak €12,779 (2023)
€1,901▼ 69.0%
€31,318▼ 31.6%
Board3 names since 2021
2 directorsARSLAN Erdal and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €25,111 to €8,119Loss of €4,239Equity from €6,140 to €1,901Debts from €45,788 to €31,318Cash from €7,034 to €1,757
Key points
from the 2025 annual accountsTurnover
≈ €70,000 estimated
The micro format states no turnover.
Debts
€31,318 94% of the balance sheet
Suppliers 15%Taxes and wages 85%
Filings
4 annual accounts 2 late
The 2023 accounts came latest: 53 days after the end of the period.
Starting capital
€3,500 3,500 shares
Position in the sector
€1,901
Less equity than 86% of companies in building services and landscaping. Sector median €44,710 · 5,731 companies.
Checked score
33
Weak
Financially stronger than 10% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.8%
01-2025: 4.7%▼ -0.1 percentage points vs 12-2024
02-2025: 4.7%● unchanged vs 01-2025
03-2025: 4.3%▼ -0.4 percentage points vs 02-2025
04-2025: 4.3%● unchanged vs 03-2025
05-2025: 4.4%▲ +0.1 percentage points vs 04-2025
06-2025: 4.5%▲ +0.1 percentage points vs 05-2025
07-2025: 4.4%▼ -0.1 percentage points vs 06-2025
08-2025: 4.2%▼ -0.2 percentage points vs 07-2025
09-2025: 4.2%● unchanged vs 08-2025
10-2025: 4.2%● unchanged vs 09-2025
11-2025: 4.2%● unchanged vs 10-2025
12-2025: 4.2%● unchanged vs 11-2025
01-2026: 4.1%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 4.1%● unchanged vs 01-2026lowest value
03-2026: 4.1%● unchanged vs 02-2026
04-2026: 4.2%▲ +0.1 percentage points vs 03-2026
05-2026: 4.4%▲ +0.2 percentage points vs 04-2026
06-2026: 4.4%● unchanged vs 05-2026
07-2026: 4.3%▼ -0.1 percentage points vs 06-2026
08-2026: 5.3%▲ +1.0 percentage point vs 07-2026
09-2026: 4.7%▼ -0.6 percentage points vs 08-2026
10-2026: 6.3%▲ +1.6 percentage points vs 09-2026highest value
11-2026: 6.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
No registered site in the KBO
Last filed accounts filed 30 days late; 1 of the last 3 accounts late
1 change of registered office in 24 months
lowers risk
Size: total assets €33,220
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 81, micro). It does better than 15% of them on solvency, 6% on liquidity, 13% on profitability and 7% 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 elevated class on 30-06-2025, 6.3% 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, 646 companies had the same profile as A.E. Concept has now. Each dot stands for 2 companies, two years later.
86.1%
were still trading
5.7%
stopped another way
7.3%
went bankrupt
Another 0.9% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of A.E. Concept itself: 6.3% 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.
| 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 646 companies, not a prediction for A.E. Concept. 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
No publishable credit limit, so 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 is insufficient, with a current ratio of 0.4 (0.53 in 2024), below 1. Short-term debt is 94.3% and cash 5.3% of total assets. 94.3% 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
Seven signals.
lowers riskraises risk
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 -€4,239
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 5725 sector peers (2025).
NBB · sector comparisonPosition among 5725 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · 2025 accounts filed 30 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
30 days late
2024
1 day early
2023
53 days late
2022
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 13 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% 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 15 August (3 of the last 4 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Binche to Leval-Trahegnies
New registered office: Rue Albert 1er 46, B15, 7134 Leval-Trahegnies · Previous registered office: Rue Albert 1er 269, 7134 Binche · Resignation: Bruno Serafini (director) · General meeting of 17-07-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0770691328
Resignation: Erdal Arslan (director)
Appointment: Arslan Ayse (director) · General meeting of 13-04-2023 · Gazette deed
Appointment: Bruno Serafini (director)
General meeting of 30-08-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A.E. Concept Binche | €33,220 | €8,119 | 5.7% | - |
| TIME FACADE Zaventem | €33,356 | €10,876 | 72.2% | - |
| Sertim Dessel | €36,384 | €10,525 | 56.6% | - |
| PMHS Verviers | €25,270 | €7,085 | 44.1% | - |
| Klaas Beyens Roeselare | €26,307 | €8,280 | 73.3% | - |
| HANDSPOWER CLEANING SERVICES Ganshoren | €48,128 | €6,878 | 85.0% | - |
| VERHAGEN DENSNEY Mol | €26,395 | €11,953 | 70.0% | - |
These companies have the same main activity as A.E. Concept: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €25,300 and €48,100, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 02-07-2021Normal situation
- Registered office
- 28 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Other building cleaning and industrial cleaningNACE 81220
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €8,119▼ 67.7%
- €4,239▼ 36.2%
- €1,901▼ 69.0%
- €33,220▼ 36.0%
- Filing
- Filed on 30-08-2026
Insights on A.E. Concept
A.E. Concept files the micro format. That format states no turnover. The gross margin rose from €3,654 in 2022 to €8,119 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-08-2026, 30 days late€8,119
▼ 67.7%
-€1,294
▼ €3,021
-€4,239
▲ €2,401
-€18,909
▲ €2,405
5.7%
▼ 6.1 percentage points
0.40
▼ 0.14
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €70,000. Estimated: probably between €40,000 and €180,000.
Balance sheet
balance sheet total €33,220 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
5.7%
Higher than 16% of 5,725 companies in 2025.
0.40
Higher than 8% of 5,586 companies in 2025.
-12.8%
Higher than 11% of 5,612 companies in 2025.
A.E. Concept
Middle half of the sector
80% of the sector
Micro accounts in building services and landscaping (NACE 81)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
33,220 | 51,928 | 32,821 | 13,439 | |
21/28 |
20,811 | 27,454 | 15,643 | 2,572 | |
22/27 |
20,811 | 27,454 | 15,643 | 2,572 | |
24 |
20,811 | 27,454 | 15,643 | 2,572 | |
29/58 |
12,409 | 24,474 | 17,178 | 10,867 | |
40/41 |
10,652 | 15,700 | 12,807 | 6,897 | |
40 |
10,652 | 9,950 | 12,807 | 6,897 | |
41 |
- | 5,750 | - | - | |
54/58 |
1,757 | 7,034 | 3,816 | 3,461 | |
490/1 |
- | 1,739 | 555 | 508 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
33,220 | 51,928 | 32,821 | 13,439 | |
10/15 |
1,901 | 6,140 | 12,779 | -3,406 | |
10/11 |
3,500 | 3,500 | 3,500 | 3,500 | |
14 |
-1,599 | 2,640 | 9,279 | -6,906 | |
17/49 |
31,318 | 45,788 | 20,042 | 16,845 | |
42/48 |
31,318 | 45,788 | 20,042 | 16,845 | |
44 |
4,707 | 6,887 | 3,444 | 5,945 | |
440/4 |
4,707 | 6,887 | 3,444 | 5,945 | |
45 |
26,530 | 38,896 | 16,456 | 9,386 | |
450/3 |
26,530 | 38,896 | 16,456 | 9,386 | |
47/48 |
81 | 5 | 142 | 1,514 | |
| Income statement | |||||
9900 |
8,119 | 25,111 | 36,185 | 3,654 | |
62 |
776 | - | - | - | |
630 |
6,643 | 5,318 | 1,723 | 978 | |
640/8 |
1,994 | 7,842 | 7,463 | 4,599 | |
66A |
- | 10,226 | - | - | |
9901 |
-1,294 | 1,726 | 26,999 | -1,922 | |
65/66B |
2,944 | 5,358 | 1,115 | 928 | |
65 |
2,944 | 5,358 | 1,115 | 928 | |
9903 |
-4,239 | -3,631 | 25,884 | -2,850 | |
67/77 |
- | 3,008 | 9,699 | 4,056 | |
9904 |
-4,239 | -6,639 | 16,185 | -6,906 | |
9905 |
-4,239 | -6,639 | 16,185 | -6,906 | |
| Appropriation of the result | |||||
9906 |
-1,599 | 2,640 | 9,279 | -6,906 | |
14P |
2,640 | 9,279 | -6,906 | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00455121.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 5,349 | 7,044 | 28,722 | -945 | ||
| 2,405 | -1,321 | 17,908 | -5,929 | ||
| 0 | 29,217 | 35,163 | 3,550 | ||
| -5,277 | 3,218 | 355 | - | ||
| -18,909 | -21,314 | -2,864 | -5,979 | ||
| 5.7% | 11.8% | 38.9% | -25.3% | ||
| 0.40 | 0.53 | 0.86 | 0.65 | ||
| 16.47 | 7.46 | 1.57 | - | ||
| -222.9% | -108.1% | 126.7% | - | ||
| -12.8% | -12.8% | 49.3% | -51.4% | ||
| 1.82 | 1.31 | 25.77 | -1.02 |
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| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €29,217 | €35,163 | €3,550 |
| €6,643 | €5,318 | €1,723 | €978 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on A.E. Concept
The operating result for 2025 is a loss of €1,294, after a profit of €1,726 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 88.2% to 94.3%. Equity and debt are lower.
Board & ownership
Board
2 directors, 1 in day-to-day management, no change since 2025Administrateur et administrateur délégué non statutaire et représentant permanent société
appointed by deed of 06-07-2021
term without a fixed end
earlier director, until 13-04-2023
Mandates through the years
3 names, the dashed line is todayARSLAN Erdal
Administrateur et administrateur délégué non statutaire et représentant permanent société
Administrateur et administrateur délégué non statutaire et représentant permanent société
Arslan Ayse
Director
Director
Bruno Serafini
Director
Director
LeadershipBoardEarlier
Mandates as a list
- ARSLAN Erdal
- Administrateur et administrateur délégué non statutaire et représentant permanent société, appointed by deed of 06-07-2021, until 13-04-2023
- Administrateur et administrateur délégué non statutaire et représentant permanent société, appointed by deed of 06-07-2021, still in office
- Administrateur et administrateur délégué non statutaire et représentant permanent société, appointed by deed of 06-07-2021, still in office
- Arslan Ayse
- Director, appointed by deed of 06-06-2023, still in office
- Bruno Serafini
- Director, appointed by deed of 17-09-2021, until 30-09-2025
Control
Capital
- Contribution
- €3,500
- Shares
- 3,500
- Contribution per share
- €1
- Equity per share
- €0.54 in 2025
- Source
- deed of 06-07-2021
Articles of association
deed of 06-07-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Shareholders
At incorporation
deed of 06-07-2021 ↗
- ARSLAN Erdal 3,500 shares (100%) · €3,500
Network & group
No group
A.E. Concept has no parent and no holdings in its annual accounts. A.E. Concept shares no director with another company.
Timeline
Timeline
10 events since 2021Board
Filings
Financial
Address
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered office moved from Binche to Leval-TrahegniesNew registered office: Rue Albert 1er 46, B15, 7134 Leval-Trahegnies · Previous registered office: Rue Albert 1er 269, 7134 Binche · Resignation: Bruno Serafini (director) · General meeting of 17-07-20264 points ▸
- General meeting, 17-07-2026
- Director resignation, Bruno Serafini
- Registered-office move, Rue Albert 1er 46, B15, 7134 Leval-Trahegnies
- Power of attorney, Laura-Kim Vanvaremberg
Annual accounts 2025 filed NBBmicro format · 30 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0770691328
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 53 days late
2023
Back to profit net €16,185 The net result is €16,185, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
Resignation: Erdal Arslan (director)Appointment: Arslan Ayse (director) · General meeting of 13-04-20233 points ▸
- General meeting, 13-04-2023
- Director resignation, Erdal Arslan
- Director appointment, Arslan Ayse
2021
- General meeting, 30-08-2021
- Director appointment, Bruno Serafini
IncorporationFounding capital of €3,500, 3,500 shares · Founder: ARSLAN Erdal · Appointment: ARSLAN Erdal (administrateur et administrateur délégué non statutaire et représentant permanent société) · published on 06-07-20216 points ▸
- Founder, ARSLAN Erdal
- Founding capital, €3,500, 3,500 shares
- 3,500 shares
- Registered office clause, rue Albert 1er, 269, 7134 Binche (Leval-Trahegnies)
- Board rule, 1
- Director appointment, ARSLAN Erdal (administrateur et administrateur délégué non statutaire et représentant permanent société)
- The deed holds 10 more points.
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
Company details
Identity
- Enterprise number
- 0770.691.328
- VAT number
- BE 0770.691.328
- Peppol ID
- 0208:0770691328
- Other Peppol ID
- 9925:BE0770691328
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-07-2021
- Financial year
- ends on 31 December
- Peppol
- Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- A.E. Concept in French
- Name in the Peppol Directory
- AE CONCEPT SRL - GROUPE ARSLAN
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-07-2021 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne de langue française”deed of 06-07-2021 (in French)
Activities
NACEBEL 202581220
Other building cleaning and industrial cleaning main activity
Codes under NACEBEL 2008
81220
Other building cleaning and industrial cleaning main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’offre de services aux entreprises, y compris tout type d’entretiens ou réparations au sens large, en particulier dans le domaine du…”deed of 06-07-2021 (in French)
Text of the purpose
“L’offre de services aux entreprises, y compris tout type d’entretiens ou réparations au sens large, en particulier dans le domaine du nettoyage.”
Registered office and establishments
| Rue Albert 1er 46 registered office 7134 Binche |
Buildings and parcels at the address
- Ground area
- 1.4 ha
- Buildings
- 987 m²
- Volume, LiDAR
- 4,484 m³
- Tallest building
- 9.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 56043A0250/00D003 | 1.4 ha | 1 · 987 m² | 9.5 m · 1 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0770.691.328