AAAcb
ActiveSummary
AAAcb has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €12k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+12
Solvency92▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 2.73 in 2024; short-term debt: 32.6% and cash: 86.1% of total assets), and 32.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
67.4%
Return on assets
23.1%
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
48 d early
2023
65 d early
2022
18 d late
2021
31 d late
2020
27 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€85k
EBIT margin
23.3%
Net result
€12k▲ 120%
2024 · €5k
2019: €-2klowest in 7 years
2020: €655▲ +135% vs 2019
2021: €16k▲ +2322% vs 2020
2022: €17k▲ +4.4% vs 2021highest in 7 years
2023: €-319▼ -102% vs 2022
2024: €5k▲ +1774% vs 2023
2025: €12k▲ +120% vs 2024
2019 → 2025
Working capital
€30k▲ 42.4%
2024 · €21k
2019: €-12k
2020: €-14k▼ -17.1% vs 2019lowest in 7 years
2021: €4k▲ +125% vs 2020
2022: €12k▲ +231% vs 2021
2023: €15k▲ +30.6% vs 2022
2024: €21k▲ +37.9% vs 2023
2025: €30k▲ +42.4% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€85k
Equity€6k-€22k▲ 280%€22k▼ 1.4%€28k▲ 24.1%€34k▲ 24.6%
2021: €6klowest in 5 years
2022: €22k▲ +280% vs 2021
2023: €22k▼ -1.4% vs 2022
2024: €28k▲ +24.1% vs 2023
2025: €34k▲ +24.6% vs 2024highest in 5 years
Operating result€22k-€22k▲ 3.8%€2k▼ 92.9%€10k▲ 521%€20k▲ 100%
2021: €22k
2022: €22k▲ +3.8% vs 2021highest in 5 years
2023: €2k▼ -92.9% vs 2022lowest in 5 years
2024: €10k▲ +521% vs 2023
2025: €20k▲ +100% vs 2024
Net result€16k-€17k▲ 4.4%€-319€5k€12k▲ 120%
2021: €16k
2022: €17k▲ +4.4% vs 2021highest in 5 years
2023: €-319▼ -102% vs 2022lowest in 5 years
2024: €5k▲ +1774% vs 2023
2025: €12k▲ +120% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 100% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€4k ▼ 35.6%
Current assets
€47k ▲ 39.8%
Equity and liabilities €51k
Equity
€34k ▲ 24.6%
Debt
€17k ▲ 35.4%
Debt's share of the balance-sheet total rises from 30.8% to 32.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2024 · €14k
Cash flow
€14k▲
2024 · €10k
Current ratio
2.82▲
2024 · 2.73
Debt to equity
0.48▲
2024 · 0.45
ROE
34.3%▲
2024 · 19.4%
ROA
23.1%▲
2024 · 13.4%
Interest coverage
39.58▼
2024 · 72.67
Debt ≤ 1 year
€17k▲
2024 · €12k
Income taxes
€8k▲
2024 · €5k
Staff costs
€300
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€51k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Land and buildings22€4k€3k▼
Furniture and vehicles24€3k€620▼
Current assets29/58€33k€47k▲
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€5k€2k▼
Other amounts receivable41€794€10▼
Cash at bank and in hand54/58€22k€44k▲
Deferred charges and accrued income490/1€6k€905▼
Equity and liabilities
Total equity and liabilities10/49€40k€51k▲
Equity10/15€28k€34k▲
Contributions10/11€19k€19k=
Reserves13€2k€12k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€12k
Profit (loss) carried forward14€7k€4k▼
Amounts payable17/49€12k€17k▲
Amounts payable within one year42/48€12k€17k▲
Trade debts44€1k€295▼
Suppliers440/4€1k€295▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9-€101
Other amounts payable47/48€8k€12k▲
Accrued charges and deferred income492/3-€2
Income statement
Code20242025
Turnover70-€85k
Non-recurring operating income76A-€1k
Goods, raw materials, services and sundry goods60/61-€63k
Remuneration, social security and pensions62-€300
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€983▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€0€732▲
Gross operating margin9900€16k€25k▲
Operating profit (loss)9901€10k€20k▲
Financial income75/76B€466€60▼
Recurring financial income75€466€60▼
Non-recurring financial income76B€0-
Financial charges65/66B€198€558▲
Recurring financial charges65€198€558▲
Profit (loss) for the period before taxes9903€10k€19k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€5k€12k▲
Profit (loss) for the period to be appropriated9905€5k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€19k▲
Profit (loss) brought forward from the previous period14P€2k€7k▲
Transfer to equity691/2-€10k
To other reserves6921-€10k
Profit to be distributed694/7-€5k
Return on contributions (dividend)694-€5k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €85k | - |
| Non-recurring operating income76A | - | - | - | - | €1k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €63k | - |
| Remuneration, social security and pensions62 | - | - | - | - | €300 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €5k | €4k | €2k | ▼ 50.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €275 | €0 | €983 | - |
| Other operating charges640/8 | €300 | €957 | €302 | €2k | €1k | ▼ 44.3% |
| Non-recurring operating charges66A | - | - | €4 | €0 | €732 | - |
| Gross operating margin9900 | €24k | €27k | €7k | €16k | €25k | ▲ 54.2% |
| Operating profit (loss)9901 | €22k | €22k | €2k | €10k | €20k | ▲ 100% |
| Financial income75/76B | €0 | €2 | €52 | €466 | €60 | ▼ 87.2% |
| Recurring financial income75 | €0 | €2 | €48 | €466 | €60 | ▼ 87.2% |
| Non-recurring financial income76B | - | - | €5 | €0 | - | - |
| Financial charges65/66B | €480 | €392 | €212 | €198 | €558 | ▲ 182% |
| Recurring financial charges65 | €480 | €392 | €212 | €198 | €558 | ▲ 182% |
| Profit (loss) for the period before taxes9903 | €21k | €22k | €1k | €10k | €19k | ▲ 89.9% |
| Income taxes67/77 | €5k | €5k | €2k | €5k | €8k | ▲ 56.3% |
| Profit (loss) for the period9904 | €16k | €17k | €-319 | €5k | €12k | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | €16k | €17k | €-319 | €5k | €12k | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59k | €70k | €65k | €40k | €51k | ▲ 27.9% |
| Fixed assets21/28 | €2k | €11k | €7k | €6k | €4k | ▼ 35.6% |
| Tangible fixed assets22/27 | €2k | €11k | €7k | €6k | €4k | ▼ 35.6% |
| Land and buildings22 | - | - | - | €4k | €3k | ▼ 2.5% |
| Furniture and vehicles24 | €2k | €11k | €7k | €3k | €620 | ▼ 77.6% |
| Current assets29/58 | €56k | €59k | €58k | €33k | €47k | ▲ 39.8% |
| Amounts receivable within one year40/41 | €23k | €15k | €10k | €6k | €2k | ▼ 61.7% |
| Trade receivables40 | €16k | €6k | €8k | €5k | €2k | ▼ 55.6% |
| Other amounts receivable41 | €7k | €9k | €2k | €794 | €10 | ▼ 98.7% |
| Cash at bank and in hand54/58 | €33k | €44k | €47k | €22k | €44k | ▲ 101% |
| Deferred charges and accrued income490/1 | €188 | - | €271 | €6k | €905 | ▼ 85.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59k | €70k | €65k | €40k | €51k | ▲ 27.9% |
| Equity10/15 | €6k | €22k | €22k | €28k | €34k | ▲ 24.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €12k | ▲ 538% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | - | €12k | - |
| Profit (loss) carried forward14 | €-15k | €2k | €2k | €7k | €4k | ▼ 45.7% |
| Amounts payable17/49 | €53k | €47k | €43k | €12k | €17k | ▲ 35.4% |
| Amounts payable within one year42/48 | €53k | €47k | €43k | €12k | €17k | ▲ 35.4% |
| Trade debts44 | €9k | €308 | €5k | €1k | €295 | ▼ 72.3% |
| Suppliers440/4 | €9k | €308 | €5k | €1k | €295 | ▼ 72.3% |
| Taxes, remuneration and social security45 | €7k | €9k | €3k | €3k | €4k | ▲ 28.9% |
| Taxes450/3 | €872 | €3k | €3k | €3k | €4k | ▲ 25.5% |
| Remuneration and social security454/9 | €6k | €6k | €0 | - | €101 | - |
| Other amounts payable47/48 | €37k | €38k | €34k | €8k | €12k | ▲ 51.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €17k | €-319 | €5k | €12k | ▲ 120% |
| + Depreciation and write-downs630 | €2k | €4k | €5k | €4k | €2k | ▼ 50.1% |
| Operating cash flow (approximation) | €18k | €20k | €5k | €10k | €14k | ▲ 42.7% |
| Investment in fixed assets (approximation) | - | €-12k | €-1k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €11k | €3k | €-26k | €22k | ▲ 186% |
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
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.73
Current ratio from 1.36 to 2.73; short-term debt falls from €43k to €12k.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Highest result since 2019net €17k ▲4.4%
Operating result €22k, net result €17k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €655
Net result €655 after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Wavre · 1 establishment unit since 2013
Ground area
2,395 m²
Building footprint
484 m²
Volume, LiDAR
6,395 m³
Parcel 25055A0141/00W000, Wallonia · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AAAcb
since 20132.305.803.529
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055A0141/00W000 | Wallonia | 2,395 m² | 1 · 484 m² | 16.8 m · 5 fl. |
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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 2,978 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
Founded17-12-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68322Real estate appraisal on a fee or contract basis
74999Other professional, scientific and technical activities
81100Combined facilities support activities
Scores and ratios are computed by Checked and are not a credit decision.