Equity
€890,538 ▲ 3.4%
AE+D has made a profit without a break since 2009.
AE+D
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €1.2m (2018)
€452,905▼ 6.4%
lowest -€40,926 (2008)
€29,344▼ 38.1%
peak €1.6m (2023)
€890,538▲ 3.4%
€1.7m▼ 33.0%
peak 5.1 FTE (2024)
5.1 FTEunchanged
Board1 name since 2021
1 director
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Result from €47,406 to €29,344Debts from €2.6m to €1.7m
1 name is hidden.
Create a free account or sign in to see the name.
Key points
from the 2025 annual accountsStaff
2 employees on 31-12-2025
In 2025, 4 people joined and 7 left.
Liquidity
3.64 was 1.77 in 2024
Short-term debts fell from €941,563 to €223,395.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as AE+D has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
| 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% |
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 17,041 companies, not a prediction for AE+D. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The Checked score is hidden.
Create a free account or sign in to see the score and the bankruptcy probability.
Signals
5 signals are hidden.
Create a free account or sign in to see the signals.
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455760834
First establishment
A E + D, de Merodedreef 46, Westerlo
Incorporation
published on 19-08-1995 · Gazette deed
1 name is hidden.
Create a free account or sign in to see the name.
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AE+D Westerlo | €2.6m | €452,905 | 33.8% | 5.1 |
| ARIDO Izegem | €2.8m | €365,333 | 75.5% | 5.8 |
| SOFACOVER Deerlijk | €2.1m | €450,183 | 28.4% | 3 |
| INTERPAT Borsbeek | €1.7m | €362,553 | 7.2% | 4 |
| FJA-OEYEN Mol | €1.4m | €519,013 | 56.7% | 7.4 |
| DURANET Ostend | €3.1m | €876,360 | 69.3% | 4.9 |
| ADI ROELANDT IMPORT-EXPORT Dendermonde | €4.4m | €424,373 | 42.0% | 4 |
These companies have the same main activity as AE+D: manufacture of textiles (NACE 13929). They are comparable in size and age: total assets between €1.4m and €4.4m, founded between 1988 and 2002.
Official details
Source: KBO- Status
- Active since 01-08-1995Normal situation
- Activity
- Manufacture of textilesNACE 13929and 4 others
- Establishment unit
- 2.072.873.8652260 Westerlo, since 30-08-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 23-01-2025
Annual accounts 2025
- ≈ €1.1mestimated
- €2.6m▼ 23.9%
- Employeeson 31-12-2025
- 2▼ 60.0%
- Filing
- Filed on 31-08-2026
Insights on AE+D
AE+D has existed since 1995. In 2018 the gross margin rose from €380,738 to €1.2m and staff from 3 to 4.1 full-time equivalents.
The gross margin has fallen every year since 2022. Solvency rose in 2025 from 24.9% to 33.8% because of the retained profit and lower debts.
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 AE+D
- What is the company number of AE+D?
- The company number of AE+D is 0455.760.834. The VAT number is the same number with BE in front: BE 0455.760.834.
- Where is AE+D based?
- The registered office is at de Merodedreef 46, 2260 Westerlo.Company details
- What does AE+D do?
- According to the KBO register, the main activity is manufacture of textiles (NACE 13929).
- What is the legal form of AE+D?
- AE+D is a private limited company (pre-2019) (BVBA).
- When was AE+D founded?
- AE+D was founded on 01-08-1995.
- Is AE+D still active?
- Yes, AE+D is an active enterprise in the KBO register.
- How many employees does AE+D have?
- AE+D had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of AE+D?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €452,905 and 2,274 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate.
- Is AE+D profitable?
- In financial year 2025, AE+D made a profit of €29,344.
- Where can I find the annual accounts of AE+D?
- AE+D filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AE+D due?
- AE+D must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.