A.E.D. DISPLAY
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 01-01-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
118 d early
2023
20 d early
2022
5 d early
2021
20 d early
2020
9 d early
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
€22.32M▼ 7.5%
2024 · €24.13M
2018: €22.16M
2019: €28.12M
2020: €12.15M
2021: €17.88M
2022: €24.68M
2023: €25.63M
2024: €24.13M
2018 → 2025
EBIT margin
0.3%▲ 0.3pp
2024 · 0.0%
2018: 15.1%
2019: 19.1%
2020: 8.0%
2021: 14.3%
2022: 7.9%
2023: 6.2%
2024: 0.0%
2018 → 2025
Net result
€-12k▲ 78.3%
2024 · €-57k
2018: €2.14M
2019: €3.60M
2020: €569k
2021: €1.79M
2022: €1.30M
2023: €1.06M
2024: €-57k
2018 → 2025
Working capital
€12.11M▼ 11.2%
2024 · €13.63M
2018: €2.07M
2019: €6.52M
2020: €9.79M
2021: €7.88M
2022: €9.52M
2023: €10.81M
2024: €13.63M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€17.88M-€24.68M▲ 38.0%€25.63M▲ 3.9%€24.13M▼ 5.9%€22.32M▼ 7.5%
Equity€13.93M-€15.23M▲ 9.3%€16.28M▲ 7.0%€16.23M▼ 0.3%€16.22M▼ 0.1%
Operating result€2.56M-€1.95M▼ 23.7%€1.58M▼ 19.2%€11k▼ 99.3%€78k▲ 627%
Net result€1.79M-€1.30M▼ 27.7%€1.06M▼ 18.5%€-57k€-12k▲ 78.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 627% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26.71M
Fixed assets
€9.06M ▼ 7.0%
Current assets
€17.66M ▼ 18.0%
Equity and liabilities €26.71M
Equity
€16.22M ▼ 0.1%
Debt
€10.50M ▼ 30.2%
Debt's share of the balance-sheet total falls from 48.1% to 39.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4.94M▲
2024 · €4.88M
Cash flow
€4.85M▲
2024 · €4.82M
Current ratio
3.18▲
2024 · 2.72
Quick ratio
2.89▲
2024 · 2.30
Debt to equity
0.65▼
2024 · 0.93
ROE
-0.1%▲
2024 · -0.3%
ROA
0.0%▲
2024 · -0.2%
Interest coverage
11.92▲
2024 · 7.83
Debt ≤ 1 year
€5.55M▼
2024 · €7.91M
Debt > 1 year
€4.83M▼
2024 · €6.83M
Income taxes
€9k▼
2024 · €26k
Staff costs
€2.17M▼
2024 · €2.34M
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 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€31.28M€26.71M▼
Fixed assets21/28€9.74M€9.06M▼
Tangible fixed assets22/27€9.74M€9.06M▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€608k€961k▲
Furniture and vehicles24€12k€5k▼
Leasing and similar rights25€9.12M€8.09M▼
Financial fixed assets28€1k-
Affiliated companies280/1€1k-
Participating interests280€1k-
Current assets29/58€21.54M€17.66M▼
Amounts receivable after more than one year29€58k€58k=
Other amounts receivable291€58k€58k=
Stocks and contracts in progress3€3.35M€1.63M▼
Stocks30/36€3.35M€1.63M▼
Goods purchased for resale34€3.35M€1.63M▼
Amounts receivable within one year40/41€17.58M€15.36M▼
Trade receivables40€3.25M€1.96M▼
Other amounts receivable41€14.32M€13.40M▼
Cash at bank and in hand54/58€297k€426k▲
Deferred charges and accrued income490/1€255k€180k▼
Equity and liabilities
Total equity and liabilities10/49€31.28M€26.71M▼
Equity10/15€16.23M€16.22M▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€15.98M€15.97M▼
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€15.94M€15.92M▼
Amounts payable17/49€15.05M€10.50M▼
Amounts payable after more than one year17€6.83M€4.83M▼
Financial debts170/4€6.83M€4.83M▼
Leasing and similar obligations172€6.83M€4.83M▼
Amounts payable within one year42/48€7.91M€5.55M▼
Current portion of amounts payable after more than one year42€5.39M€4.43M▼
Financial debts43€129k-
Credit institutions430/8€129k-
Trade debts44€2.19M€834k▼
Suppliers440/4€2.19M€834k▼
Taxes, remuneration and social security45€195k€279k▲
Taxes450/3€1k€91k▲
Remuneration and social security454/9€194k€189k▼
Accrued charges and deferred income492/3€315k€121k▼
Income statement
Code20242025
Operating income70/76A€24.28M€22.43M▼
Turnover70€24.13M€22.32M▼
Other operating income74€155k€112k▼
Operating charges60/66A€24.27M€22.36M▼
Goods for resale, raw materials and consumables60€14.90M€13.83M▼
Purchases600/8€14.95M€11.54M▼
Change in stocks: decrease (increase)609€-41k€2.29M▲
Services and other goods61€1.91M€2.04M▲
Remuneration, social security and pensions62€2.34M€2.17M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.87M€4.86M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€221k€-663k▼
Other operating charges640/8€23k€118k▲
Operating profit (loss)9901€11k€78k▲
Financial income75/76B€632k€352k▼
Recurring financial income75€632k€352k▼
Other financial income752/9€632k€352k▼
Financial charges65/66B€673k€432k▼
Recurring financial charges65€673k€432k▼
Debt charges650€623k€414k▼
Other financial charges652/9€50k€17k▼
Non-recurring financial charges66B-€765
Profit (loss) for the period before taxes9903€-30k€-3k▲
Income taxes67/77€26k€9k▼
Taxes670/3€26k€19k▼
Tax adjustments and reversals of tax provisions77-€10k
Profit (loss) for the period9904€-57k€-12k▲
Profit (loss) for the period to be appropriated9905€-57k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-12k▲
Transfer from equity791/2€57k€12k▼
From reserves792€57k€12k▼
Social balance
Average headcount (FTE)908730.826.2▼
The notes to these accounts (72 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
29-01
State Gazette act
Restructuring · End & cessationMerger · Dissolution · Accounting effect4 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Dissolution · Accounting effect4 facts ▸
- General meeting, 31-12-2025
- Merger, verrichting gelijkgesteld met fusie door overneming, 01-01-2026
- Dissolution, 01-01-2026
- Accounting effect, 01-01-2026
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial
Highest result since 2018net €3.60M ▲68.3%
Operating result €5.36M, net result €3.60M, both a record.
31-12
Financial
Equity above €10MEq €11.57M ▲45.3%
2 profitable years in a row build equity to €11.57M.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:AED Rent
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 79,709 EUR awarded · 79,709 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 79,709 EUR | 79,709 EUR |
Schemes
Globalisatiemechanisme (stopgezet)
Recognitions · licences · registrations
Legal Entity Identifier
549300ELL8DRHWAHXQ95