AANN
ActiveFrom the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
AANN has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.4m and a net result of -€103,696. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 85% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 14-09-1990 Normal situation
- Legal form
- Private limited company
- Registered office
- Zavelstraat 7, 1000 Brussel
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 2 others
- Establishment unit
- 2.050.595.836 1000 Brussel, since 12-12-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €272,299
- ▼ 2.3%
- Turnover
- ≈ €300,000
- estimated
- Loss
- €103,696
- ▼ 33.1%
- Equity
- €9.4m
- ▼ 1.1%
- Total assets
- €11.8m
- ▼ 0.1%
- Staff
- 1.3 FTE
- ▼ 7.1%
2025 accounts 3 days early
Filed on 28-07-2026at the National Bank
Why 90raises riskLiquidity: current ratio 0.03, cash €122, halvedlowers riskFounded in 1990Size: total assets €11.8mFigures for financial year 2025 (filed 28-07-2026)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 68, medium-sized)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 79.7% of total assets
Liquidity
45=
short-term debt 18.4% · cash 0.0%
Profitability
44+12
return on assets -0.9%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: 0.2%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.03, compared with 0.03 in 2024, below 1; short-term debt: 18.4% and cash: 0% of total assets), and 20.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized): better than 92% on solvency, 38% on liquidity, 52% on profitability and 36% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
9 days early
2023
26 days early
2022
50 days late
2021
52 days late
2020
2 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, micro format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 28-07-2026
- Format
- micro format
- Reference
- 2026-00338454
Turnover
≈ €300,000
Estimated: probably between €280,000 and €380,000
EBIT margin
Not included in this filing
Net result
-€103,696▲ 33.1%
2024 · -€154,966
Working capital
-€2.1m▼ 2.9%
2024 · -€2.1m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €24,553 in 2025 against €56,290 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.02m
2025
Net result-€0.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€11.8m
2025
Equity€9.4m
2025
Debt€2.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€2.1m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-0.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency79.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.03
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1.3
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.3m-€0.3m▲ 1.0%€0.01m▼ 95.4%-€0.03m-€0.02m▲ 20.0%€0.05m-€0.06m-€0.02m▲ 56.4%
Net result€0.1m-€0.1m▲ 19.9%-€0.08mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 32.4%-€0.1mbelow the sector's middle half▲ 4.8%-€0.05mbelow the sector's middle half▲ 51.2%-€0.2mbelow the sector's middle half▼ 217%-€0.1mbelow the sector's middle half▲ 33.1%
Equity€1.1m-€1.2m▲ 13.4%€9.9mabove the sector's middle half▲ 718%€9.8mabove the sector's middle half▼ 1.1%€9.7mabove the sector's middle half▼ 1.0%€9.7mabove the sector's middle half▼ 0.5%€9.5mabove the sector's middle half▼ 1.6%€9.4mabove the sector's middle half▼ 1.1%
Total assets€3.9m-€4.0m▲ 0.9%€12.4mabove the sector's middle half▲ 213%€12.2mabove the sector's middle half▼ 1.3%€12.1mabove the sector's middle half▼ 1.2%€12.0mabove the sector's middle half▼ 0.4%€11.9mabove the sector's middle half▼ 1.5%€11.8mabove the sector's middle half▼ 0.1%
Debt€2.9m-€2.7m▼ 3.8%€2.5m▼ 10.8%€2.4m▼ 2.5%€2.3m▼ 1.9%€2.3m▼ 0.2%€2.3m▼ 1.2%€2.4m▲ 3.9%
Working capital-€2.0m--€1.9m▲ 4.7%-€2.2mbelow the sector's middle half▼ 13.4%-€2.0mbelow the sector's middle half▲ 10.9%-€1.9mbelow the sector's middle half▲ 0.8%-€2.0mbelow the sector's middle half▼ 2.6%-€2.1mbelow the sector's middle half▼ 3.2%-€2.1mbelow the sector's middle half▼ 2.9%
Solvency27.3%-30.7%▲ 3.4pp80.2%above the sector's middle half▲ 49.5pp80.5%above the sector's middle half▲ 0.2pp80.6%above the sector's middle half▲ 0.1pp80.6%above the sector's middle half=80.5%above the sector's middle half▼ 0.1pp79.7%above the sector's middle half▼ 0.8pp
Current ratio0.11-0.12▲ 0.010.01below the sector's middle half▼ 0.100.02below the sector's middle half=0.03below the sector's middle half▲ 0.020.03below the sector's middle half=0.03below the sector's middle half=0.03below the sector's middle half=
Return on assets (ROA)3.0%-3.6%▲ 0.6pp-0.6%within the sector's middle half▼ 4.3pp-0.9%within the sector's middle half▼ 0.2pp-0.8%within the sector's middle half=-0.4%within the sector's middle half▲ 0.4pp-1.3%within the sector's middle half▼ 0.9pp-0.9%within the sector's middle half▲ 0.4pp
Staff (FTE)2-2=2within the sector's middle half=2within the sector's middle half=1.3▼ 35.0%1.4▲ 7.7%1.4=1.3▼ 7.1%
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.8m
Fixed assets
€11.8m ▼ 0.1%
Current assets
€59,040 ▼ 5.0%
Equity and liabilities €11.8m
Equity
€9.4m ▼ 1.1%
Debt
€2.4m ▲ 3.9%
Debt's share of the balance-sheet total rises from 19.5% to 20.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€182,398▲
2024 · €172,043
Cash flow
€103,255▲
2024 · €73,367
Debt to equity
0.25▲
2024 · 0.24
ROE
-1.1%▲
2024 · -1.6%
Interest coverage
3.20▲
2024 · 1.74
Debt ≤ 1 year
€2.2m▲
2024 · €2.1m
Debt > 1 year
€39,778▲
2024 · €9,698
Income taxes
€22,223▲
2024 · €0
Staff costs
€40,599▼
2024 · €47,452
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90.3%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3,240 | €13,821 | €13,364 | €4,805 | ▼ 64.0% |
| Remuneration, social security and pensions62 | - | - | - | €72,629 | €40,652 | €43,520 | €47,452 | €40,599 | ▼ 14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €251,321 | €246,882 | €259,392 | €266,208 | €262,866 | €249,841 | €228,333 | €206,952 | ▼ 9.4% |
| Other operating charges640/8 | - | - | - | €37,958 | €36,402 | €41,177 | €57,278 | €49,042 | ▼ 14.4% |
| Non-recurring operating charges66A | - | - | - | €3,984 | €4,383 | €227 | €1,799 | €260 | ▼ 85.5% |
| Gross operating margin9900 | €590,281 | €652,428 | €393,130 | €350,322 | €319,944 | €387,166 | €278,572 | €272,299 | ▼ 2.3% |
| Operating profit (loss)9901 | €259,797 | €262,330 | €12,078 | -€30,457 | -€24,358 | €52,400 | -€56,290 | -€24,553 | ▲ 56.4% |
| Financial income75/76B | - | - | - | €71 | €4 | €97 | €6 | €12 | ▲ 114% |
| Recurring financial income75 | €37 | €22 | €21 | €71 | €4 | €97 | €6 | €12 | ▲ 114% |
| Financial charges65/66B | - | - | - | €66,540 | €59,312 | €72,951 | €98,682 | €56,932 | ▼ 42.3% |
| Recurring financial charges65 | €100,264 | €92,203 | €78,781 | €66,540 | €59,312 | €72,951 | €98,682 | €56,932 | ▼ 42.3% |
| Profit (loss) for the period before taxes9903 | €159,570 | €170,148 | -€66,682 | -€96,927 | -€83,665 | -€20,455 | -€154,966 | -€81,473 | ▲ 47.4% |
| Income taxes67/77 | €39,746 | €26,530 | €12,852 | €8,342 | €16,542 | €28,400 | €0 | €22,223 | - |
| Profit (loss) for the period9904 | €119,823 | €143,619 | -€79,534 | -€105,269 | -€100,208 | -€48,855 | -€154,966 | -€103,696 | ▲ 33.1% |
| Profit (loss) for the period to be appropriated9905 | €119,823 | €143,619 | -€79,534 | -€105,269 | -€100,208 | -€48,855 | -€154,966 | -€103,696 | ▲ 33.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.9m | €4.0m | €12.4m | €12.2m | €12.1m | €12.0m | €11.9m | €11.8m | ▼ 0.1% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €3.7m | €3.7m | €12.4m | €12.2m | €12.0m | €12.0m | €11.8m | €11.8m | ▼ 0.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €3.7m | €3.7m | €12.4m | €12.2m | €12.0m | €12.0m | €11.8m | €11.8m | ▼ 0.1% |
| Land and buildings22 | - | - | - | €12.1m | €12.0m | €11.9m | €11.7m | €11.7m | ▼ 0.5% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.002m | €0.001m | €0.001m | €0.001m | ▼ 16.0% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.04m | €0.06m | €0.05m | €0.1m | ▲ 102% |
| Assets under construction and advance payments27 | - | - | - | €0.01m | €0.01m | €0.01m | €0 | - | - |
| Financial fixed assets28 | €202 | €202 | €202 | €202 | €202 | €202 | €202 | €202 | = |
| Current assets29/58 | €0.2m | €0.3m | €0.03m | €0.03m | €0.06m | €0.07m | €0.06m | €0.06m | ▼ 5.0% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.008m | €0.02m | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 16.1% |
| Trade receivables40 | - | - | - | €0.01m | €0.02m | €0.005m | €0.009m | €0.04m | ▲ 319% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.02m | €0.03m | €0.03m | €0.003m | ▼ 87.5% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.09m | €0 | €0.01m | €331 | €414 | €0.02m | €0.008m | €122 | ▼ 98.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.03m | €0.02m | €0.02m | €0.02m | ▼ 6.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.9m | €4.0m | €12.4m | €12.2m | €12.1m | €12.0m | €11.9m | €11.8m | ▼ 0.1% |
| Equity10/15 | €1.1m | €1.2m | €9.9m | €9.8m | €9.7m | €9.7m | €9.5m | €9.4m | ▼ 1.1% |
| Contributions10/11 | €0.7m | €0.7m | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Revaluation surpluses12 | - | - | - | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | = |
| Reserves13 | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Reserves not available under the articles1311 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Profit (loss) carried forward14 | €0.3m | €0.5m | €0.4m | €0.3m | €0.2m | €0.2m | €0.001m | -€0.1m | - |
| Amounts payable17/49 | €2.9m | €2.7m | €2.5m | €2.4m | €2.3m | €2.3m | €2.3m | €2.4m | ▲ 3.9% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | - | €0.2m | €0.1m | €0.09m | €0.01m | €0.04m | ▲ 310% |
| Financial debts170/4 | - | - | - | €0.2m | €0.1m | €0.09m | €0.01m | €0.04m | ▲ 310% |
| Amounts payable within one year42/48 | €2.3m | €2.2m | €2.2m | €2.0m | €2.0m | €2.1m | €2.1m | €2.2m | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.08m | €0.08m | €0.02m | ▼ 69.9% |
| Financial debts43 | - | - | - | €0.007m | €0.003m | €0.01m | €0 | €0.01m | - |
| Credit institutions430/8 | - | - | - | €0.007m | €0.003m | €0.01m | €0 | €0.01m | - |
| Trade debts44 | €0.2m | €0.2m | €0.06m | €0.07m | €0.05m | €0.06m | €0.04m | €0.09m | ▲ 107% |
| Suppliers440/4 | - | - | - | €0.07m | €0.05m | €0.06m | €0.04m | €0.09m | ▲ 107% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.06m | €0.08m | €0.08m | €0.08m | ▼ 6.0% |
| Taxes450/3 | - | - | - | €0.06m | €0.06m | €0.07m | €0.07m | €0.07m | ▼ 5.6% |
| Remuneration and social security454/9 | - | - | - | €0.001m | €0.006m | €0.01m | €0.008m | €0.007m | ▼ 9.5% |
| Other amounts payable47/48 | - | - | - | €1.8m | €1.8m | €1.8m | €1.9m | €2.0m | ▲ 3.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 1.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.1m | -€0.08m | -€0.1m | -€0.1m | -€0.05m | -€0.2m | -€0.1m | ▲ 33.1% |
| + Depreciation and write-downs630 | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 9.4% |
| Operating cash flow (approximation) | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | €0.2m | €0.07m | €0.1m | ▲ 40.7% |
| Investment in fixed assets (approximation) | - | -€0.3m | -€8.9m | -€0.1m | -€0.08m | -€0.2m | -€0.05m | -€0.2m | ▼ 292% |
| Change in cash | - | -€0.09m | €0.01m | -€0.01m | €83 | €0.02m | -€0.008m | -€0.007m | ▲ 11.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00338454 | NBB |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00293247 | |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00210375 | |
| 31-12-2022 | micro format | 19-09-2023 | 2023-00448167 | |
| 31-12-2021 | full format | 21-09-2022 | 2022-20432339 | |
| 31-12-2020 | full format | 02-08-2021 | 2021-44000259 | |
| 31-12-2019 | full format | 30-09-2020 | 2020-56700349 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-50900197 | |
| 31-12-2017 | full format | 27-09-2018 | 2018-64900221 | |
| 31-12-2016 | micro format | 26-07-2017 | 2017-35200358 |
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Of the 12,070 active companies whose main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203), figures are known for 6,214. 2,003 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2026
BRÄUER Jörg
Current
Director · appointed in the act of 07-04-2026
DERASSE Anne
Current
Director (not named in the articles) · appointed in the act of 07-04-2026 · in the 2025 annual accounts, filed on 28-07-2026
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BRÄUER Jörg |
|
| DERASSE Anne |
|
How the board is organised
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d'administration”
- Permanent representative ruleA company that is a director names a natural person to carry out the mandate on its behalf.
- “Représentant permanent, exécution du mandat au nom et pour compte de personne morale”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modification des statuts, assemblée générale”“En tout temps par décision assemblée générale délibérant dans formes prévues pour modifications aux statuts”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, administrateurs en fonction désignés comme liquidateurs en vertu statuts si…”
Articles of association, deed of 07-04-2026 (in French)
Owners and capital
Capital and shareholders
Capital over the years
- 07-04-2026 Converted to unavailable equity
Shares according to the articles of association
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Mutatis mutandis,ayants droit notifient qualité dans quatre mois du décès, prix offert,défaut accord prix fixé par expert commun…”
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Appels de fonds, souverainement”Other provision: “Aux actionnaires existants proportionnellement aux actions détenues, apport en numéraire avec nouvelles actions-droit de préférence”Other provision: “Nominatives, nature des actions”Other provision: “Nominatifs, nature des autres titres”Other provision: “Indivisibilité des titres, indivisibles”Other provision: “Rémunération des administrateurs, assemblée générale annuelle”Other provision: “Gestion journalière ainsi que représentation en ce qui concerne cette gestion, gestion journalière”Other provision: “Contrôle de la société, un ou plusieurs commissaires”Other provision: “Toutes décisions relevant du pouvoir de assemblée générale, assemblée générale par procédure écrite”Other provision: “Moyen de communication électronique mis à disposition par société, participation à distance par voie électronique”Other provision: “Admission à assemblée générale, titulaire de titres nominatifs doit être inscrit en cette qualité dans registre des titres nominatifs…”Other provision: “Composition du bureau et procès-verbaux, président,administrateurs présents et personnes désignées”Other provision: “Tout actionnaire peut donner à toute autre personne,actionnaire ou non,par tout moyen de transmission,procuration écrite, Délibérations de…”Other provision: “Organe d'administration, Prorogation de l'assemblée générale”Other provision: “Pouvoirs de l'assemblée générale, exerce pouvoirs conférés par le Code des sociétés et des associations”Other provision: “Répartition des bénéfices et réserves, chaque action confère droit égal”Liquidation distribution: “Après apurement dettes,charges et frais ou consignation montants nécessaires, actif net réparti entre actionnaires en proportion de leurs…”Other provision: “Élection de domicile, tout actionnaire,administrateur,commissaire,liquidateur ou porteur d'obligations domicilié à l'étranger”Other provision: “Droit commun, dispositions CSA auxquelles il ne serait pas licitement dérogé réputées inscrites”1 more provision in the deed, see the deed of 07-04-2026
Articles of association, deed of 07-04-2026 (in French)
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
28-07
financial year 2025 · micro format
07-04
Gazette deed
Resignation: DERASSE Anne (manager)Appointments: DERASSE Anne (director) and BRÄUER Jörg (director) · Capital conversion · Reserve release13 facts ▸
Gazette deed
Resignation: DERASSE Anne (manager)
Appointments: DERASSE Anne (director) and BRÄUER Jörg (director) · Capital conversion · Reserve release13 facts ▸
- General meeting, 12-02-2026
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “compte de capitaux propres statutairement indisponible créé en application de l’article 39,§2,deuxième alinéa, suppression” (deed in French)
- Other provision, “rapport spécial justifiant la modification de l’objet, administrateur unique” (deed in French)
- Purpose change
- Amendment of the articles
- Capital
- Director resignation, DERASSE Anne (manager)
- Director appointment, DERASSE Anne (director (not named in the articles))
- Director appointment, BRÄUER Jörg (director)
- Registered office clause, “1000 Bruxelles,Rue des Sablons,7” (deed in French)
- Power of attorney
- +1 further fact in this act
2025
22-07
financial year 2024 · micro format
2024
31-12
Financial
Weakest financial yearnet -€154,966
Net result drops to -€154,966, the lowest in the series; recovery starts the following year.
05-07
financial year 2023 · micro format
2023
19-09
financial year 2022 · micro format · 50 days late
2022
21-09
financial year 2021 · full format · 52 days late
2021
02-08
financial year 2020 · full format · 2 days late
2020
31-12
Financial
Equity above €5mequity €9.9m ▲718%
Equity rises from €1.2m to €9.9m.
30-09
financial year 2019 · full format · 61 days late
2019
31-12
Financial
Highest result from 2018 to 2025net €143,619 ▲19.9%
Operating result €262,330, net result €143,619, both a record.
27-08
financial year 2018 · micro format · 27 days late
2018
27-09
financial year 2017 · full format · 58 days late
2017
26-07
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
AANN in French
Enterprise number
0442.010.984
Legal form
Private limited company
Status
Active, normale toestand
Founded
14-09-1990
Type
Legal entity
Where it is based
Registered office
Zavelstraat 7, 1000 Brussel, Belgium
Establishments
1 establishment unit since 1990
What it does
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
71112
Activities of interior architects main activity
93299
Other amusement and recreation activities
Invoicing and payment
VAT number
BE 0442.010.984
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AANN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Thursday of June
Articles of association, deed of 07-04-2026 (in French)
Sites & property
Registered office and establishments
1 establishment unit
HODGE BELGIUM SCA
since 1990unit no. 2.050.595.836
Buildings and parcels at the address
Ground area
486 m²
Building footprint
294 m²
Building volume
4,722 m³
Parcel 21808H1535/00H000, Brussels · tallest building 26.6 m.
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21808H1535/00H000 | Brussels | 486 m² | 1 · 294 m² | 26.6 m · 6 |