AAE Construction
ActiveSummary
The computed 12-month bankruptcy probability of AAE Construction is 8.8% (elevated). For AAE Construction, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €59,497 and a net result of -€15,702. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 36386 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability3▼-57
Solvency71=
Growth52=
Track record92
Bankruptcy probability, 12 months
8.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2024Solvency, return and age of the figures
Solvency
46.3%
Return on assets
-12.2%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 4 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 31-01-2025, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
9 d late
2022
23 d late
2021
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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 publicationsPublications
Address struck
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 trust this company with building work?Contractor check 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
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Financials · fiscal year 2024, micro schema
Equity
€59,497▼ 20.9%
2023 · €75,198
Total assets
€128,545▼ 22.0%
2023 · €164,777
Net result
-€15,702
2023 · €17,024
Working capital
€50,439▼ 17.3%
2023 · €60,991
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line2021202220232024
Operating result€39,232-€57,561▲ 46.7%€36,329▼ 36.9%-€15,454
Net result€32,895above the sector's middle half-€34,365above the sector's middle half▲ 4.5%€17,024within the sector's middle half▼ 50.5%-€15,702below the sector's middle half
Equity€16,609below the sector's middle half-€45,974within the sector's middle half▲ 177%€75,198within the sector's middle half▲ 63.6%€59,497within the sector's middle half▼ 20.9%
Total assets€186,126within the sector's middle half-€189,987within the sector's middle half▲ 2.1%€164,777within the sector's middle half▼ 13.3%€128,545within the sector's middle half▼ 22.0%
Debt€169,517-€144,013▼ 15.0%€89,579▼ 37.8%€69,048▼ 22.9%
Working capital€15,410within the sector's middle half-€41,374within the sector's middle half▲ 168%€60,991within the sector's middle half▲ 47.4%€50,439within the sector's middle half▼ 17.3%
Solvency8.9%below the sector's middle half-24.2%within the sector's middle half▲ 15.3pp45.6%within the sector's middle half▲ 21.4pp46.3%within the sector's middle half▲ 0.6pp
Current ratio1.09below the sector's middle half-1.29within the sector's middle half▲ 0.201.68within the sector's middle half▲ 0.391.73within the sector's middle half▲ 0.05
Return on assets (ROA)17.7%above the sector's middle half-18.1%above the sector's middle half▲ 0.4pp10.3%within the sector's middle half▼ 7.8pp-12.2%below the sector's middle half▼ 22.5pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 turns negative in 2024: a loss of €15,454 after €36,329 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128,545
Fixed assets
€9,058 ▼ 36.2%
Current assets
€119,487 ▼ 20.6%
Equity and liabilities €128,545
Equity
€59,497 ▼ 20.9%
Debt
€69,048 ▼ 22.9%
Debt's share of the balance-sheet total falls from 54.4% to 53.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€10,305▼
2023 · €39,793
Cash flow
-€10,552▼
2023 · €20,489
Debt to equity
1.16▼
2023 · 1.19
ROE
-26.4%▼
2023 · 22.6%
Interest coverage
-13.32▼
2023 · 3.44
Debt ≤ 1 year
€69,048▼
2023 · €89,579
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71 | €775 | €3,465 | €5,149 | ▲ 48.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €16,545 | - | - |
| Other operating charges640/8 | - | €2,734 | €3,840 | €3,972 | ▲ 3.4% |
| Non-recurring operating charges66A | - | €2,100 | - | - | - |
| Gross operating margin9900 | €43,529 | €63,170 | €60,179 | -€6,333 | ▼ 111% |
| Operating profit (loss)9901 | €39,232 | €57,561 | €36,329 | -€15,454 | ▼ 143% |
| Financial income75/76B | - | - | €5,047 | €526 | ▼ 89.6% |
| Recurring financial income75 | €8,740 | - | €5,047 | €526 | ▼ 89.6% |
| Financial charges65/66B | - | €10,708 | €11,560 | €774 | ▼ 93.3% |
| Recurring financial charges65 | €11,061 | €10,708 | €11,560 | €774 | ▼ 93.3% |
| Profit (loss) for the period before taxes9903 | €36,911 | €46,853 | €29,816 | -€15,702 | ▼ 153% |
| Income taxes67/77 | €4,016 | €12,488 | €12,792 | - | - |
| Profit (loss) for the period9904 | €32,895 | €34,365 | €17,024 | -€15,702 | ▼ 192% |
| Profit (loss) for the period to be appropriated9905 | €32,895 | €34,365 | €17,024 | -€15,702 | ▼ 192% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €186,126 | €189,987 | €164,777 | €128,545 | ▼ 22.0% |
| Fixed assets21/28 | €1,199 | €4,600 | €14,207 | €9,058 | ▼ 36.2% |
| Tangible fixed assets22/27 | €1,199 | €4,600 | €12,207 | €7,058 | ▼ 42.2% |
| Plant, machinery and equipment23 | - | €1,991 | €5,531 | €3,058 | ▼ 44.7% |
| Furniture and vehicles24 | - | €2,609 | €6,676 | €4,000 | ▼ 40.1% |
| Financial fixed assets28 | - | - | €2,000 | €2,000 | = |
| Current assets29/58 | €184,927 | €185,387 | €150,570 | €119,487 | ▼ 20.6% |
| Amounts receivable within one year40/41 | €161,324 | €151,745 | €120,564 | €107,227 | ▼ 11.1% |
| Trade receivables40 | - | €148,100 | €19,808 | €19,803 | = |
| Other amounts receivable41 | - | €3,645 | €100,756 | €87,424 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €23,603 | €30,831 | €28,748 | €9,482 | ▼ 67.0% |
| Deferred charges and accrued income490/1 | - | €2,811 | €1,259 | €2,777 | ▲ 121% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €186,126 | €189,987 | €164,777 | €128,545 | ▼ 22.0% |
| Equity10/15 | €16,609 | €45,974 | €75,198 | €59,497 | ▼ 20.9% |
| Contributions10/11 | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Capital10 | - | €6,200 | €18,600 | €18,600 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €0 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,549 | €37,914 | €54,738 | €39,037 | ▼ 28.7% |
| Amounts payable17/49 | €169,517 | €144,013 | €89,579 | €69,048 | ▼ 22.9% |
| Amounts payable within one year42/48 | €169,517 | €144,013 | €89,579 | €69,048 | ▼ 22.9% |
| Trade debts44 | €25,717 | €97,909 | €59,498 | €56,391 | ▼ 5.2% |
| Suppliers440/4 | - | €97,909 | €59,498 | €56,391 | ▼ 5.2% |
| Taxes, remuneration and social security45 | - | €12,474 | €30,082 | €12,657 | ▼ 57.9% |
| Taxes450/3 | - | €12,474 | €25,266 | €12,657 | ▼ 49.9% |
| Remuneration and social security454/9 | - | - | €4,816 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €33,630 | €0 | €0 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,895 | €34,365 | €17,024 | -€15,702 | ▼ 192% |
| + Depreciation and write-downs630 | €71 | €775 | €3,465 | €5,149 | ▲ 48.6% |
| Operating cash flow (approximation) | €32,966 | €35,140 | €20,489 | -€10,552 | ▼ 152% |
| Investment in fixed assets (approximation) | - | -€4,176 | -€13,072 | €0 | ▲ 100% |
| Change in cash | - | €7,228 | -€2,083 | -€19,265 | ▼ 825% |
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
2026
13-07
KBO administration
Address struck
Excelsiorlaan 25 1930 L’adresse du siège Excelsiorlaan 25 1930 Die Sitzadresse Excelsiorlaan 25 1930
Zaventem werd doorgehaald met ingang van Zaventem · event 28-06-2026
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet -€15,702
Net result drops to -€15,702, the lowest in the series.
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
23-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-06
Financial
Highest result since 2021net €34,365 ▲4.5%
Operating result €57,561, net result €34,365, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Zaventem · 1 establishment unit since 2019
Ground area
2,360 m²
Building footprint
868 m²
Volume, LiDAR
7,253 m³
2 parcels, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
AAE Construction
since 20192.285.709.483
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0045/00Y000 | Flanders | 1,914 m² | 1 · 615 m² | 10.1 m · 2 fl. |
| 22662B0404/00V003 | Flanders | 446 m² | 1 · 253 m² | 13.1 m · 4 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 6,177 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
Founded21-02-2019
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
43240Other construction installation
81210General cleaning of buildings
Contact
E-mail
anatolii525d@mail.ruWemmel
Phone
0485176310Wemmel
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.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.