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AE CONSULTING

Active
Private limited companyfounded 2020active for 6 yearsZuidlaan 19, 1000 Brussel, BelgiumKBO/BCE: BE 0743.436.308
Summary

AE CONSULTING has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,744 and a net result of €103,870. Equity is shrinking by about 36% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Equity
€23,744▼ 20.5%
2024 · €29,874
Total assets
€157,988▼ 2.2%
2024 · €161,461
Net result
€103,870▲ 43.9%
2024 · €72,189
Working capital
€7,441▼ 31.1%
2024 · €10,793
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result recovers in 2025; 2025 is 44% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€134,766 2025 Net result€103,870 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€96,878-€99,239▲ 2.4%€115,517▲ 16.4%€113,210▼ 2.0%€93,840▼ 17.1%€134,766▲ 43.6%
Net result€77,318-€78,734▲ 1.8%€91,034▲ 15.6%€87,979▼ 3.4%€72,189▼ 17.9%€103,870▲ 43.9%
Equity€81,518-€159,452▲ 95.6%€249,687▲ 56.6%€58,479▼ 76.6%€29,874▼ 48.9%€23,744▼ 20.5%
Total assets€122,338-€222,743▲ 82.1%€322,075▲ 44.6%€118,302▼ 63.3%€161,461▲ 36.5%€157,988▼ 2.2%
Debt€40,819-€63,290▲ 55.0%€72,389▲ 14.4%€59,823▼ 17.4%€131,588▲ 120%€134,244▲ 2.0%
Working capital€68,520-€151,614▲ 121%€250,656▲ 65.3%€58,479▼ 76.7%€10,793▼ 81.5%€7,441▼ 31.1%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157,988
Fixed assets €16,303 ▼ 14.6%
Current assets €141,685 ▼ 0.5%
Equity and liabilities €157,988
Equity €23,744 ▼ 20.5%
Debt €134,244 ▲ 2.0%
Debt's share of the balance-sheet total rises from 81.5% to 85.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€141,297▲
2024 · €93,928
Cash flow
€110,401▲
2024 · €72,276
Current ratio
1.06▼
2024 · 1.08
Debt to equity
5.65▲
2024 · 4.40
ROE
437.5%▲
2024 · 241.6%
ROA
65.7%▲
2024 · 44.7%
Interest coverage
over 100▲
2024 · 27.51
Debt ≤ 1 year
€134,244▲
2024 · €131,588
Income taxes
€30,008▲
2024 · €18,237
Staff costs
€5,883
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
95.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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 6,713 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€161,461€157,988▼
Fixed assets21/28€19,081€16,303▼
Tangible fixed assets22/27€19,081€13,600▼
Furniture and vehicles24€19,081€13,600▼
Financial fixed assets28-€2,703
Current assets29/58€142,380€141,685▼
Amounts receivable within one year40/41€23,325€52,623▲
Trade receivables40€17,926€48,109▲
Other amounts receivable41€5,399€4,513▼
Cash at bank and in hand54/58€119,055€89,062▼
Equity and liabilities
Total equity and liabilities10/49€161,461€157,988▼
Equity10/15€29,874€23,744▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€24,874€18,744▼
Amounts payable17/49€131,588€134,244▲
Amounts payable within one year42/48€131,588€134,244▲
Trade debts44€2,743€10,435▲
Suppliers440/4€2,743€10,435▲
Taxes, remuneration and social security45€26,312€23,029▼
Taxes450/3€26,312€23,029▼
Remuneration and social security454/9€0-
Other amounts payable47/48€102,533€100,779▼
Income statement Code20242025
Remuneration, social security and pensions62-€5,883
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87€6,531▲
Other operating charges640/8€226€1,047▲
Gross operating margin9900€94,154€148,228▲
Operating profit (loss)9901€93,840€134,766▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€3,415€889▼
Recurring financial charges65€3,415€889▼
Profit (loss) for the period before taxes9903€90,425€133,877▲
Income taxes67/77€18,237€30,008▲
Profit (loss) for the period9904€72,189€103,870▲
Profit (loss) for the period to be appropriated9905€72,189€103,870▲
Appropriation of the result
Profit (loss) to be appropriated9906€124,874€128,744▲
Profit (loss) brought forward from the previous period14P€52,685€24,874▼
Profit to be distributed694/7€100,000€110,000▲
Return on contributions (dividend)694€100,000€110,000▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Non-recurring operating income76A--€1,664€0---
Remuneration, social security and pensions62-----€5,883-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,481€5,160--€87€6,531▲ 7,382%
Other operating charges640/8-€8,278€9,460€340€226€1,047▲ 363%
Gross operating margin9900€107,889€112,677€124,978€113,551€94,154€148,228▲ 57.4%
Operating profit (loss)9901€96,878€99,239€115,517€113,210€93,840€134,766▲ 43.6%
Financial income75/76B-€0€4€0€0€1▲ 525%
Recurring financial income75-€0€4€0€0€1▲ 525%
Financial charges65/66B--€0-€1,917€3,415€889▼ 74.0%
Recurring financial charges65€0-€0-€1,917€3,415€889▼ 74.0%
Profit (loss) for the period before taxes9903€96,878€99,239€115,521€111,293€90,425€133,877▲ 48.1%
Income taxes67/77€19,560€20,505€24,487€23,314€18,237€30,008▲ 64.5%
Profit (loss) for the period9904€77,318€78,734€91,034€87,979€72,189€103,870▲ 43.9%
Profit (loss) for the period to be appropriated9905€77,318€78,734€91,034€87,979€72,189€103,870▲ 43.9%
Line202020212022202320242025Change
Assets
Total assets20/58€122,338€222,743€322,075€118,302€161,461€157,988▼ 2.2%
Fixed assets21/28€12,998€7,838--€19,081€16,303▼ 14.6%
Tangible fixed assets22/27€12,998€7,838--€19,081€13,600▼ 28.7%
Furniture and vehicles24-€7,838--€19,081€13,600▼ 28.7%
Financial fixed assets28-----€2,703-
Current assets29/58€109,340€214,904€322,075€118,302€142,380€141,685▼ 0.5%
Amounts receivable within one year40/41€11,435€16,517€15,428€16,132€23,325€52,623▲ 126%
Trade receivables40-€16,517€15,428€15,246€17,926€48,109▲ 168%
Other amounts receivable41---€886€5,399€4,513▼ 16.4%
Cash at bank and in hand54/58€96,844€197,432€305,586€102,170€119,055€89,062▼ 25.2%
Deferred charges and accrued income490/1-€955€1,062€0---
Equity and liabilities
Total equity and liabilities10/49€122,338€222,743€322,075€118,302€161,461€157,988▼ 2.2%
Equity10/15€81,518€159,452€249,687€58,479€29,874€23,744▼ 20.5%
Contributions10/11-€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€76,518€154,452€244,687€53,479€24,874€18,744▼ 24.6%
Amounts payable17/49€40,819€63,290€72,389€59,823€131,588€134,244▲ 2.0%
Amounts payable within one year42/48€40,819€63,290€71,420€59,823€131,588€134,244▲ 2.0%
Trade debts44€86€66€668€794€2,743€10,435▲ 280%
Suppliers440/4-€66€668€794€2,743€10,435▲ 280%
Taxes, remuneration and social security45-€49,201€54,631€16,263€26,312€23,029▼ 12.5%
Taxes450/3-€49,201€54,631€14,742€26,312€23,029▼ 12.5%
Remuneration and social security454/9---€1,521€0--
Other amounts payable47/48-€14,023€16,120€42,765€102,533€100,779▼ 1.7%
Accrued charges and deferred income492/3--€969€0---
Line202020212022202320242025Change
Profit (loss) for the period9904€77,318€78,734€91,034€87,979€72,189€103,870▲ 43.9%
+ Depreciation and write-downs630€2,481€5,160--€87€6,531▲ 7,382%
Operating cash flow (approximation)€79,799€83,894€91,034€87,979€72,276€110,401▲ 52.7%
Investment in fixed assets (approximation)-€0----€3,753-
Change in cash-€100,588€108,154-€203,416€16,885-€29,993-

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

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 03-07-2026 2026-00247088
31-12-2024 micro format 04-07-2025 2025-00228944
31-12-2023 micro format 24-06-2024 2024-00152679
31-12-2022 micro format 21-02-2023 2023-00029502
31-12-2021 micro format 21-06-2022 2022-20076786
31-12-2020 micro format 25-06-2021 2021-26100374

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.