A+E CONSULT
ActiveSummary
A+E CONSULT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €549k and a net result of €550k. Equity is growing by ~269.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency61▲+30
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.59 in 2024; short-term debt: 63.2% and cash: 24.4% of total assets), and 64.2% 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
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
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
35.8%
Return on assets
35.8%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
24 d early
2024
3 d early
2023
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€549k▲ 453%
2024 · €99k
2023: €13klowest in 3 years
2024: €99k▲ +649% vs 2023
2025: €549k▲ +453% vs 2024highest in 3 years
2023 → 2025
Total assets
€1.53M▼ 0.7%
2024 · €1.54M
2023: €1.65Mhighest in 3 years
2024: €1.54M▼ -6.3% vs 2023
2025: €1.53M▼ -0.7% vs 2024lowest in 3 years
2023 → 2025
Net result
€550k▲ 43.9%
2024 · €382k
2023: €10klowest in 3 years
2024: €382k▲ +3619% vs 2023
2025: €550k▲ +43.9% vs 2024highest in 3 years
2023 → 2025
Working capital
€-14k▲ 97.4%
2024 · €-561k
2023: €-817klowest in 3 years
2024: €-561k▲ +31.4% vs 2023
2025: €-14k▲ +97.4% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€13k-€99k▲ 649%€549k▲ 453%
2023: €13klowest in 3 years
2024: €99k▲ +649% vs 2023
2025: €549k▲ +453% vs 2024highest in 3 years
Operating result€32k-€458k▲ 1,341%€769k▲ 68.1%
2023: €32klowest in 3 years
2024: €458k▲ +1341% vs 2023
2025: €769k▲ +68.1% vs 2024highest in 3 years
Net result€10k-€382k▲ 3,619%€550k▲ 43.9%
2023: €10klowest in 3 years
2024: €382k▲ +3619% vs 2023
2025: €550k▲ +43.9% vs 2024highest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 68% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets
€579k ▼ 20.1%
Current assets
€955k ▲ 16.5%
Equity and liabilities €1.53M
Equity
€549k ▲ 453%
Debt
€985k ▼ 31.9%
Debt's share of the balance-sheet total falls from 93.6% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€990k▲
2024 · €600k
Cash flow
€770k▲
2024 · €524k
Current ratio
0.99▲
2024 · 0.59
Debt to equity
1.79▼
2024 · 14.54
ROE
100.1%▼
2024 · 384.4%
ROA
35.8%▲
2024 · 24.7%
Interest coverage
28.91▲
2024 · 12.83
Debt ≤ 1 year
€969k▼
2024 · €1.38M
Income taxes
€192k▲
2024 · €41k
Staff costs
€1.07M▲
2024 · €555k
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€1.54M€1.53M▼
Fixed assets21/28€725k€579k▼
Intangible fixed assets21€584k€433k▼
Tangible fixed assets22/27€134k€138k▲
Plant, machinery and equipment23€76k€36k▼
Furniture and vehicles24€58k€102k▲
Financial fixed assets28€8k€8k=
Current assets29/58€819k€955k▲
Amounts receivable within one year40/41€297k€513k▲
Trade receivables40€287k€449k▲
Other amounts receivable41€11k€64k▲
Current investments50/53€0€60k▲
Cash at bank and in hand54/58€508k€374k▼
Deferred charges and accrued income490/1€14k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.53M▼
Equity10/15€99k€549k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€96k€546k▲
Amounts payable17/49€1.45M€985k▼
Amounts payable within one year42/48€1.38M€969k▼
Financial debts43-€22
Credit institutions430/8-€22
Trade debts44€414k€402k▼
Suppliers440/4€414k€402k▼
Advances received on contracts in progress46-€84k
Taxes, remuneration and social security45€102k€182k▲
Taxes450/3€30k€19k▼
Remuneration and social security454/9€71k€163k▲
Other amounts payable47/48€864k€301k▼
Accrued charges and deferred income492/3€65k€16k▼
Income statement
Code20242025
Remuneration, social security and pensions62€555k€1.07M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€220k▲
Other operating charges640/8€3k€7k▲
Gross operating margin9900€1.16M€2.06M▲
Operating profit (loss)9901€458k€769k▲
Financial income75/76B€13k€6k▼
Recurring financial income75€13k€6k▼
Financial charges65/66B€47k€34k▼
Recurring financial charges65€47k€34k▼
Profit (loss) for the period before taxes9903€423k€742k▲
Income taxes67/77€41k€192k▲
Profit (loss) for the period9904€382k€550k▲
Profit (loss) for the period to be appropriated9905€382k€550k▲
Appropriation of the result
Profit (loss) to be appropriated9906€392k€646k▲
Profit (loss) brought forward from the previous period14P€10k€96k▲
Profit to be distributed694/7€296k€100k▼
Return on contributions (dividend)694-€60k
Directors or managers695€296k€40k▼
Social balance
Average headcount (FTE)90878.810.0▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €699k | €555k | €1.07M | ▲ 92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €159k | €142k | €220k | ▲ 55.0% |
| Other operating charges640/8 | €3k | €3k | €7k | ▲ 131% |
| Gross operating margin9900 | €893k | €1.16M | €2.06M | ▲ 78.2% |
| Operating profit (loss)9901 | €32k | €458k | €769k | ▲ 68.1% |
| Financial income75/76B | €24 | €13k | €6k | ▼ 48.2% |
| Recurring financial income75 | €24 | €13k | €6k | ▼ 48.2% |
| Financial charges65/66B | €4k | €47k | €34k | ▼ 26.8% |
| Recurring financial charges65 | €4k | €47k | €34k | ▼ 26.8% |
| Profit (loss) for the period before taxes9903 | €28k | €423k | €742k | ▲ 75.1% |
| Income taxes67/77 | €18k | €41k | €192k | ▲ 363% |
| Profit (loss) for the period9904 | €10k | €382k | €550k | ▲ 43.9% |
| Profit (loss) for the period to be appropriated9905 | €10k | €382k | €550k | ▲ 43.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.65M | €1.54M | €1.53M | ▼ 0.7% |
| Fixed assets21/28 | €848k | €725k | €579k | ▼ 20.1% |
| Intangible fixed assets21 | €680k | €584k | €433k | ▼ 25.8% |
| Tangible fixed assets22/27 | €160k | €134k | €138k | ▲ 3.2% |
| Plant, machinery and equipment23 | €102k | €76k | €36k | ▼ 52.8% |
| Furniture and vehicles24 | €57k | €58k | €102k | ▲ 76.6% |
| Financial fixed assets28 | €8k | €8k | €8k | = |
| Current assets29/58 | €800k | €819k | €955k | ▲ 16.5% |
| Amounts receivable within one year40/41 | €307k | €297k | €513k | ▲ 72.7% |
| Trade receivables40 | €291k | €287k | €449k | ▲ 56.8% |
| Other amounts receivable41 | €16k | €11k | €64k | ▲ 503% |
| Current investments50/53 | €100k | €0 | €60k | - |
| Cash at bank and in hand54/58 | €382k | €508k | €374k | ▼ 26.3% |
| Deferred charges and accrued income490/1 | €12k | €14k | €7k | ▼ 47.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.65M | €1.54M | €1.53M | ▼ 0.7% |
| Equity10/15 | €13k | €99k | €549k | ▲ 453% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €10k | €96k | €546k | ▲ 467% |
| Amounts payable17/49 | €1.63M | €1.45M | €985k | ▼ 31.9% |
| Amounts payable within one year42/48 | €1.62M | €1.38M | €969k | ▼ 29.8% |
| Financial debts43 | - | - | €22 | - |
| Credit institutions430/8 | - | - | €22 | - |
| Trade debts44 | €510k | €414k | €402k | ▼ 3.0% |
| Suppliers440/4 | €510k | €414k | €402k | ▼ 3.0% |
| Advances received on contracts in progress46 | - | - | €84k | - |
| Taxes, remuneration and social security45 | €130k | €102k | €182k | ▲ 79.1% |
| Taxes450/3 | €21k | €30k | €19k | ▼ 36.9% |
| Remuneration and social security454/9 | €109k | €71k | €163k | ▲ 129% |
| Other amounts payable47/48 | €978k | €864k | €301k | ▼ 65.2% |
| Accrued charges and deferred income492/3 | €17k | €65k | €16k | ▼ 76.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €382k | €550k | ▲ 43.9% |
| + Depreciation and write-downs630 | €159k | €142k | €220k | ▲ 55.0% |
| Operating cash flow (approximation) | €169k | €524k | €770k | ▲ 46.9% |
| Investment in fixed assets (approximation) | - | €-20k | €-74k | ▼ 273% |
| Change in cash | - | €127k | €-134k | ▼ 206% |
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
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €550k ▲43.9%
Operating result €769k, net result €550k, both a record.
31-12
Financial
Equity above €500kEq €549k ▲453%
3 profitable years in a row build equity to €549k.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated 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, Menen · 2 establishment units since 2022
Ground area
3,589 m²
Building footprint
854 m²
Volume, LiDAR
1,243 m³
2 parcels, Flanders, Wallonia · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
A+E CONSULT
since 20222.330.185.468
A+E Consult
since 20222.347.185.808
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54006N0215/00H002 | Wallonia | 3,411 m² | 1 · 577 m² | - |
| 34024B0374/00T017 | Flanders | 179 m² | 1 · 277 m² | 10.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 9,375 EUR awarded · 7,251 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,676 EUR | 964 EUR |
| 2024 | 1 | 6,613 EUR | 5,201 EUR |
| 2023 | 1 | 728 EUR | 728 EUR |
| 2022 | 1 | 358 EUR | 358 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,307 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
Founded13-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.