A.E.F.
ActiveSummary
The computed 12-month bankruptcy probability of A.E.F. is 2.8% (moderate). For A.E.F., at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€13,785) and a net result of €2,632. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 17997 sector peers (fiscal year 2023). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability82▲+79
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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 2023Solvency, return and age of the figures
Solvency
-242.8%
Return on assets
46.4%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-09-2024, 57 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
57 d late
2022
410 d late
2021
134 d late
2020
153 d late
2019
209 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 193 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€13,785▲ 16.0%
2022 · -€16,417
Total assets
€5,677▼ 62.3%
2022 · €15,075
Net result
€2,632
2022 · -€8,301
Working capital
-€15,550▲ 29.9%
2022 · -€22,168
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€23,621▲ 115%€2,580▼ 89.1%-€16,648-€3,214▲ 80.7%€9,436
Net result€15,259▲ 192%€1,086within the sector's middle half▼ 92.9%-€17,654below the sector's middle half-€8,301within the sector's middle half▲ 53.0%€2,632within the sector's middle half
Equity€8,452€9,538within the sector's middle half▲ 12.8%-€8,116below the sector's middle half-€16,417below the sector's middle half▼ 102%-€13,785below the sector's middle half▲ 16.0%
Total assets€77,527▼ 14.8%€47,618within the sector's middle half▼ 38.6%€27,483below the sector's middle half▼ 42.3%€15,075below the sector's middle half▼ 45.1%€5,677below the sector's middle half▼ 62.3%
Debt€69,074▼ 29.4%€38,080▼ 44.9%€35,599▼ 6.5%€31,492▼ 11.5%€19,462▼ 38.2%
Working capital€335€4,276within the sector's middle half▲ 1,175%-€12,933within the sector's middle half-€22,168within the sector's middle half▼ 71.4%-€15,550within the sector's middle half▲ 29.9%
Solvency10.9%▲ 18.4pp20.0%within the sector's middle half▲ 9.1pp-29.5%below the sector's middle half▼ 49.6pp-108.9%below the sector's middle half▼ 79.4pp-242.8%below the sector's middle half▼ 133.9pp
Current ratio1.01▲ 0.201.15within the sector's middle half▲ 0.140.59within the sector's middle half▼ 0.560.30below the sector's middle half▼ 0.300.20below the sector's middle half▼ 0.10
Return on assets (ROA)19.7%▲ 14.0pp2.3%within the sector's middle half▼ 17.4pp-64.2%below the sector's middle half▼ 66.5pp-55.1%below the sector's middle half▲ 9.2pp46.4%above the sector's middle half▲ 101.4pp
Staff (FTE)11within the sector's middle half=1=
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €9,436 after a loss of €3,214 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €5,677
Fixed assets
€1,765 ▼ 69.3%
Current assets
€3,912 ▼ 58.0%
Key figures and ratios
EBITDA
€13,422▲
2022 · €1,669
Cash flow
€6,618▲
2022 · -€3,417
Quick ratio
0.19▲
2022 · 0.19
Debt to equity
-1.41▲
2022 · -1.92
Interest coverage
3.84▲
2022 · 0.35
Debt ≤ 1 year
€19,462▼
2022 · €31,492
Income taxes
€3,306▲
2022 · €482
Staff costs
€54▼
2022 · €9,867
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €10,819 | €9,867 | €54 | ▼ 99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,387 | €7,914 | €5,392 | €4,884 | €3,986 | ▼ 18.4% |
| Other operating charges640/8 | - | - | €1,525 | €927 | €1,070 | ▲ 15.5% |
| Non-recurring operating charges66A | - | - | €6,000 | - | - | - |
| Gross operating margin9900 | €49,557 | €13,601 | €7,087 | €12,462 | €14,546 | ▲ 16.7% |
| Operating profit (loss)9901 | €23,621 | €2,580 | -€16,648 | -€3,214 | €9,436 | ▲ 394% |
| Financial income75/76B | - | - | - | €165 | - | - |
| Recurring financial income75 | €4,602 | €3,913 | - | €165 | - | - |
| Financial charges65/66B | - | - | €612 | €4,770 | €3,498 | ▼ 26.7% |
| Recurring financial charges65 | €1,735 | €2,475 | €612 | €4,770 | €3,498 | ▼ 26.7% |
| Profit (loss) for the period before taxes9903 | €26,488 | €4,019 | -€17,260 | -€7,819 | €5,938 | ▲ 176% |
| Income taxes67/77 | €11,229 | €2,933 | €394 | €482 | €3,306 | ▲ 586% |
| Profit (loss) for the period9904 | €15,259 | €1,086 | -€17,654 | -€8,301 | €2,632 | ▲ 132% |
| Profit (loss) for the period to be appropriated9905 | €15,259 | €1,086 | -€17,654 | -€8,301 | €2,632 | ▲ 132% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77,527 | €47,618 | €27,483 | €15,075 | €5,677 | ▼ 62.3% |
| Fixed assets21/28 | €22,090 | €14,177 | €8,785 | €5,751 | €1,765 | ▼ 69.3% |
| Tangible fixed assets22/27 | €21,421 | €13,507 | €8,115 | €5,082 | €1,095 | ▼ 78.4% |
| Plant, machinery and equipment23 | - | - | €176 | €1,663 | €1,095 | ▼ 34.2% |
| Leasing and similar rights25 | - | - | €7,939 | €3,418 | - | - |
| Financial fixed assets28 | €670 | €670 | €670 | €670 | €670 | = |
| Current assets29/58 | €55,436 | €33,441 | €18,699 | €9,323 | €3,912 | ▼ 58.0% |
| Stocks and contracts in progress3 | €4,524 | €6,774 | €6,900 | €3,344 | €124 | ▼ 96.3% |
| Stocks30/36 | - | - | €6,900 | €3,344 | €124 | ▼ 96.3% |
| Amounts receivable within one year40/41 | €50,908 | €26,665 | €3,373 | €4,164 | €3,562 | ▼ 14.5% |
| Other amounts receivable41 | - | - | €3,373 | €4,164 | €3,562 | ▼ 14.5% |
| Cash at bank and in hand54/58 | €4 | €2 | €8,427 | €1,642 | €226 | ▼ 86.2% |
| Deferred charges and accrued income490/1 | - | - | - | €173 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77,527 | €47,618 | €27,483 | €15,075 | €5,677 | ▼ 62.3% |
| Equity10/15 | €8,452 | €9,538 | -€8,116 | -€16,417 | -€13,785 | ▲ 16.0% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€11,999 | -€10,913 | -€28,567 | -€36,868 | -€34,236 | ▲ 7.1% |
| Amounts payable17/49 | €69,074 | €38,080 | €35,599 | €31,492 | €19,462 | ▼ 38.2% |
| Amounts payable after more than one year17 | €13,973 | €8,915 | €3,968 | - | - | - |
| Financial debts170/4 | - | - | €3,968 | - | - | - |
| Amounts payable within one year42/48 | €55,101 | €29,165 | €31,631 | €31,492 | €19,462 | ▼ 38.2% |
| Current portion of amounts payable after more than one year42 | - | - | €7,607 | €6,110 | - | - |
| Financial debts43 | - | - | €11 | - | - | - |
| Credit institutions430/8 | - | - | €11 | - | - | - |
| Trade debts44 | €1,472 | €6,111 | €10,551 | €21,992 | €14,732 | ▼ 33.0% |
| Suppliers440/4 | - | - | €10,551 | €21,992 | €14,732 | ▼ 33.0% |
| Taxes, remuneration and social security45 | - | - | €13,463 | €1,890 | €4,730 | ▲ 150% |
| Taxes450/3 | - | - | €13,416 | €1,890 | €4,730 | ▲ 150% |
| Remuneration and social security454/9 | - | - | €46 | - | - | - |
| Other amounts payable47/48 | - | - | - | €1,499 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,259 | €1,086 | -€17,654 | -€8,301 | €2,632 | ▲ 132% |
| + Depreciation and write-downs630 | €8,387 | €7,914 | €5,392 | €4,884 | €3,986 | ▼ 18.4% |
| Operating cash flow (approximation) | €23,646 | €8,999 | -€12,262 | -€3,417 | €6,618 | ▲ 294% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,850 | €0 | ▲ 100% |
| Change in cash | - | -€2 | €8,424 | -€6,784 | -€1,416 | ▲ 79.1% |
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
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 410 days late
2023
31-12
Financial
Back to profitnet €2,632
Net result €2,632 after 2 loss-making years.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 134 days late
2021
31-12
Financial
Weakest financial yearnet -€17,654
Net result drops to -€17,654, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 209 days late
2019
31-12
Financial
Highest result since 2018net €15,259 ▲192%
Operating result €23,621, net result €15,259, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 191 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Dour · 1 establishment unit since 1990
Ground area
205 m²
Building footprint
155 m²
Parcel 53020A0456/00N000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LE P'TIT RESTO
since 19902.047.000.502
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53020A0456/00N000 | Wallonia | 205 m² | 1 · 155 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDour2.047.000.502
Similar companies · same sector, comparable size
El Vino
BE 0675.866.306
Antwerpen · Eq €9,535
Better than Hungry
BE 0880.084.859
Brussel · Eq €9,549
THEKIM INVEST
BE 0772.377.049
Mechelen · Eq €9,550
Crazy Food
BE 0666.763.053
Tielt · Eq €9,552
AMAUBERK
BE 1005.322.054
Oupeye · Eq €9,554
Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 6,796 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 (pre-2019)
Founded09-01-1990
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.