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AA GROUP

Open bankruptcy
Private limited companyfounded 2017KBO/BCE: BE 0682.963.043
Summary

A bankruptcy procedure is open for AA GROUP according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €65,126 and a net result of €80,429.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
18 December 2025
Supervising judge
Leendert Van Waes
Official Gazette
24-12-2025 (pdf) ↗search the document for 2025/153900

Curators

  • Tom ArtsJaarbeurslaan 19/31, 3600 Genktom.arts@moore.be
  • Geert ReniersJaarbeurslaan 19/31, 3600 Genkgeert.reniers@moore.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-06-2024, 33 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
33 d early
2022
24 d late
2021
37 d early
2020
4 d late
2019
12 d late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

AA GROUP was incorporated on 16 October 2017.1 Total assets rose from EUR 11,670 in 2020 to EUR 107,074 in 2023.2 On 18 December 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2023
  3. 3Belgian State Gazette, 24-12-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€138,672
EBIT margin
-14.7%
Net result
€80,429▲ 1,003%
2022 · €7,291
Working capital
€65,126
2022 · -€15,303
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€138,672
Operating result-€1,852▲ 72.7%€859-€20,339€7,445€105,066▲ 1,311%
Net result-€2,047▲ 70.1%€598-€20,495€7,291€80,429▲ 1,003%
EBIT margin-14.7%
Equity-€2,698▼ 314%-€2,099▲ 22.2%-€22,594▼ 976%-€15,303▲ 32.3%€65,126
Total assets€412▼ 44.7%€11,670▲ 2,731%€41,177▲ 253%€7,641▼ 81.4%€107,074▲ 1,301%
Debt€3,110▲ 123%€13,770▲ 343%€63,771▲ 363%€22,944▼ 64.0%€41,948▲ 82.8%
Working capital-€2,698▼ 314%€6,906-€22,594-€15,303▲ 32.3%€65,126
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2019: -€1,852-€1,852Net result 2019: -€2,047-€2,047Operating result 2020: €859€859Net result 2020: €598€598Operating result 2021: -€20,339-€20,339Net result 2021: -€20,495-€20,495Operating result 2022: €7,445€7,445Net result 2022: €7,291€7,291Operating result 2023: €105,066€105,066Net result 2023: €80,429€80,42920192020202120222023-€50,000€0€50,000€100,000Operating result 2021: -€20,339-€20,300Net result 2021: -€20,495-€20,500Operating result 2022: €7,445€7,440Net result 2022: €7,291€7,290Operating result 2023: €105,066€105,000Net result 2023: €80,429€80,400202120222023
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 1,311% above 2022 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €107,074
Equity €65,126
Debt €41,948
Debt finances 39.2% of the balance-sheet total.
Key figures and ratios
2023 value · change against 2022
Current ratio
2.55▲
2022 · 0.33
Debt to equity
0.64▲
2022 · -1.50
ROE
123.5%
ROA
75.1%▼
2022 · 95.4%
Debt ≤ 1 year
€41,948▲
2022 · €22,944
Income taxes
€24,484
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 28 lines
Balance sheet Code20222023
Assets
Total assets20/58€7,641€107,074▲
Current assets29/58€7,641€107,074▲
Amounts receivable within one year40/41€1,768€106,844▲
Trade receivables40€1,457€106,407▲
Other amounts receivable41€312€438▲
Cash at bank and in hand54/58€5,872€230▼
Equity and liabilities
Total equity and liabilities10/49€7,641€107,074▲
Equity10/15-€15,303€65,126▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€21,503€58,926▲
Amounts payable17/49€22,944€41,948▲
Amounts payable within one year42/48€22,944€41,948▲
Trade debts44€17,464€17,464=
Suppliers440/4€17,464€17,464=
Taxes, remuneration and social security45-€24,484
Taxes450/3-€24,484
Other amounts payable47/48€5,480-
Income statement Code20222023
Other operating charges640/8€174€62▼
Gross operating margin9900€7,619€105,128▲
Operating profit (loss)9901€7,445€105,066▲
Financial charges65/66B€153€153=
Recurring financial charges65€153€153=
Profit (loss) for the period before taxes9903€7,291€104,913▲
Income taxes67/77-€24,484
Profit (loss) for the period9904€7,291€80,429▲
Profit (loss) for the period to be appropriated9905€7,291€80,429▲
Appropriation of the result
Profit (loss) to be appropriated9906-€21,503€58,926▲
Profit (loss) brought forward from the previous period14P-€28,794-€21,503▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70--€138,672---
Goods, raw materials, services and sundry goods60/61--€158,826---
Other operating charges640/8--€184€174€62▼ 64.4%
Gross operating margin9900-€1,752€859-€20,155€7,619€105,128▲ 1,280%
Operating profit (loss)9901-€1,852€859-€20,339€7,445€105,066▲ 1,311%
Financial income75/76B--€0---
Recurring financial income75€0€50€0---
Financial charges65/66B--€157€153€153=
Recurring financial charges65€195€161€157€153€153=
Profit (loss) for the period before taxes9903-€2,047€748-€20,495€7,291€104,913▲ 1,339%
Income taxes67/77-€150€0-€24,484-
Profit (loss) for the period9904-€2,047€598-€20,495€7,291€80,429▲ 1,003%
Profit (loss) for the period to be appropriated9905-€2,047€598-€20,495€7,291€80,429▲ 1,003%
Line20192020202120222023Change
Assets
Total assets20/58€412€11,670€41,177€7,641€107,074▲ 1,301%
Current assets29/58€412€11,670€41,177€7,641€107,074▲ 1,301%
Amounts receivable within one year40/41€411€7,507€18,156€1,768€106,844▲ 5,942%
Trade receivables40--€7,957€1,457€106,407▲ 7,205%
Other amounts receivable41--€10,199€312€438▲ 40.4%
Cash at bank and in hand54/58€1€4,163€23,021€5,872€230▼ 96.1%
Equity and liabilities
Total equity and liabilities10/49€412€11,670€41,177€7,641€107,074▲ 1,301%
Equity10/15-€2,698-€2,099-€22,594-€15,303€65,126▲ 526%
Contributions10/11€6,200-€6,200€6,200€6,200=
Profit (loss) carried forward14-€8,898-€8,299-€28,794-€21,503€58,926▲ 374%
Amounts payable17/49€3,110€13,770€63,771€22,944€41,948▲ 82.8%
Amounts payable within one year42/48€3,110€4,765€63,771€22,944€41,948▲ 82.8%
Trade debts44€1,011€487€58,558€17,464€17,464=
Suppliers440/4--€58,558€17,464€17,464=
Taxes, remuneration and social security45--€150-€24,484-
Taxes450/3--€150-€24,484-
Other amounts payable47/48--€5,064€5,480--
Line20192020202120222023Change
Profit (loss) for the period9904-€2,047€598-€20,495€7,291€80,429▲ 1,003%
Operating cash flow (approximation)-€2,047€598-€20,495€7,291€80,429▲ 1,003%
Change in cash-€4,162€18,858-€17,149-€5,643▲ 67.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
24-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 18-12-2025
08-12
KBO administration Address struck
Grote Baan 102 3511 Die Sitzadresse Grote Baan 102 3511 Hasselt Hasselt · event 09-10-2025
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €80,429 ▲1,003%
Operating result €105,066, net result €80,429, both a record.
31-12
Financial Liquidity times 8current ratio 2.55
Current ratio from 0.33 to 2.55.
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial Back to profitnet €7,291
Net result €7,291 after one loss-making year.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€20,495
Net result drops to -€20,495, the lowest in the series.
04-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial Back to profitnet €598
Net result €598 after 2 loss-making years.
31-12
Financial Liquidity times 18current ratio 2.45
Current ratio from 0.13 to 2.45.
12-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
10-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hasselt · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,572 m²
Building footprint
909 m²
Volume, LiDAR
3,829 m³
2 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Kitchen & More
Tushoekstraat 33, 3980 Tessenderlo-HamManufacture of other builders' carpentry and joinery
since 20172.270.883.034
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71362B1601/00K002 Flanders 1,237 m² 1 · 793 m² 8.5 m · 1 fl.
71483D0195/00Y000 Flanders 335 m² 1 · 115 m² 9.9 m · 3 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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator TOM ARTS
JAARBEURSLAAN 19/31, 3600 GENK-
18-12-2025 → present
Curator GEERT RENIERS
JAARBEURSLAAN 19/31, 3600 GENK
18-12-2025 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded16-10-2017
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.