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AA & O

Active Private limited companyfounded 1989active for 36 yearsKareelstraat 138, 9300 AalstKBO/BCE: BE 0439.220.156

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €808,819 (2025)
€808,819▲ 12.1%
lowest -€30,347 (2012)
€36,161▲ 8.9%
peak €100,530 (2010)
€59,615▲ 37.2%
€228,652▼ 13.5%
peak 8.1 FTE (2025)
8.1 FTE▲ 1.3%
Board6 names since 2015
2 directors and 1 other
Owners
50%
Documentsfilings and deeds
17-05-202617 days late
2025abbreviated format
Gross margin from €721,775 to €808,8191 director appointed 20-06Dividend €20,000Equity from €43,454 to €59,615Cash from €113,112 to €202,452

Key points

from the 2025 annual accounts

Equity

€59,615 ▲ 37.2%
43,4542024+36,161Profit-20,000Dividend59,6152025

AA & O paid out €20,000 in dividends. That is 55% of the 2025 profit.

Turnover

≈ €4.1m estimated

The accounts state no turnover.

Debts

€228,652 79% of the balance sheet
Financial debts 7%Suppliers 17%Taxes and wages 67%Other 9%

Staff

7 employees on 30-09-2025
222021212022102023222024342025

In 2025, 3 people joined and 4 left.

Filings

36 annual accounts since 1990
deadline1990200020102020

Five of the last ten came late. The 2019 accounts came latest: 34 days after the end of the period.

Position in the sector

€59,615

Less equity than 83% of companies in wholesale trade. Sector median €493,293 · 10,732 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,820 companies had the same profile as AA & O has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.8%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 3,820 companies, not a prediction for AA & O. 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

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Signals

Board and ownership

Daily manager,
Daily manager,
Auditor,
  • 50%score equity €41,387 (2025) · 2025 annual accounts of
  • 50%score equity €146,479 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered office moved from Erpe-Mere to Aalst New registered office: Kareelstraat 138 bus 1, 9300 Aalst · Previous registered office: Oudenaardsesteenweg 285 bus 2, 9420 Erpe-Mere · Appointment: (day-to-day manager) · Gazette deed
1 director appointed (director) · Permanent representatives: and · General meeting of 30-04-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0439220156
Resignation: (director and partner) Permanent representative: · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
AA & O Aalst - - 20.7% 8.1
NATHAN SYSTEMS Zaventem - - -1223.6% 8.2
MARTENS PLASTICS Mol €0.5m 9.9% 79.0% 4
CONDAIR Holsbeek €1.1m 5.7% 41.0% 7.6
MAISON TIHON-FENENDAEL-VAN MELLE Fexhe-le-Haut-Clocher - - 63.6% 4.4
Société Commerciale Sovac Overijse - - 31.8% 6.6
ENERGY CENTRE COSMONERA Essen - - 41.2% 6.8

These companies have the same main activity as AA & O: wholesale trade (NACE 46842). They are comparable in size and age: total assets between €198,000 and €824,000, founded between 1982 and 1998.

Official details

Source: KBO
Status
Active since 28-12-1989Normal situation
Registered office
11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Wholesale tradeNACE 46842and 2 others
Establishment unit
2.046.358.4219300 Aalst, since 05-01-1990
Financial year end
30 September
Peppol
Reachable since 30-01-2025
Company details

Annual accounts to 30-09-2025

€288,267▼ 6.4%
Employeeson 30-09-2025
7▼ 12.5%
Filing
Filed on 17-05-2026
Financials

Insights on AA & O

AA & O files the abbreviated format. That format states no turnover. The gross margin rose from €171,156 in 2006 to €808,819 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AA & O

What is the company number of AA & O?
The company number of AA & O is 0439.220.156. The VAT number is the same number with BE in front: BE 0439.220.156.
Where is AA & O based?
The registered office is at Kareelstraat 138, 9300 Aalst.Company details
What does AA & O do?
According to the KBO register, the main activity is wholesale trade (NACE 46842).
What is the legal form of AA & O?
AA & O is a private limited company (BV).
When was AA & O founded?
AA & O was founded on 28-12-1989.
Is AA & O still active?
Yes, AA & O is an active enterprise in the KBO register.
How many employees does AA & O have?
AA & O had an average of 8.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of AA & O?
The turnover in financial year 2025 is ≈ €4.1m. This figure is estimated from the gross margin of €808,819 and 139 comparable companies (NACE 46). It probably lies between €2.6m and €7.0m.
Is AA & O profitable?
In financial year 2025, AA & O made a profit of €36,161.
Where can I find the annual accounts of AA & O?
AA & O filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AA & O due?
AA & O must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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