AE+Engineering
ActiveSummary
AE+Engineering has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €562k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency79▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.13 in 2024; short-term debt: 39.5% and cash: 8% of total assets), and 45.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
54.1%
Return on assets
27%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
172 d early
2023
57 d early
2022
13 d early
2021
6 d early
2020
9 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€1.13M▲ 28.0%
2024 · €880k
Total assets
€2.08M▲ 23.3%
2024 · €1.69M
Net result
€562k▲ 13.6%
2024 · €494k
Working capital
€984k▲ 33.5%
2024 · €738k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€225k▲ 29.9%€249k▲ 10.7%€335k▲ 34.4%€626k▲ 87.0%€688k▲ 9.8%
Net result€152k▲ 42.4%€158k▲ 4.0%€212k▲ 34.6%€494k▲ 133%€562k▲ 13.6%
Equity€472k▲ 47.3%€503k▲ 6.4%€715k▲ 42.2%€880k▲ 23.0%€1.13M▲ 28.0%
Total assets€1.29M▲ 37.9%€1.10M▼ 15.2%€1.37M▲ 25.4%€1.69M▲ 22.8%€2.08M▲ 23.3%
Debt€819k▲ 33.0%€593k▼ 27.6%€659k▲ 11.2%€807k▲ 22.5%€955k▲ 18.3%
Working capital€425k▲ 32.8%€380k▼ 10.5%€602k▲ 58.4%€738k▲ 22.4%€984k▲ 33.5%
Staff (FTE)16.5▲ 18.7%16.6▲ 0.6%14.9▼ 10.2%17.3▲ 16.1%18.7▲ 8.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.08M
Fixed assets
€275k ▼ 6.6%
Current assets
€1.81M ▲ 29.7%
Equity and liabilities €2.08M
Equity
€1.13M ▲ 28.0%
Debt
€955k ▲ 18.3%
Debt's share of the balance-sheet total falls from 47.9% to 45.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€727k▲
2024 · €665k
Cash flow
€602k▲
2024 · €533k
Current ratio
2.20▲
2024 · 2.13
Debt to equity
0.85▼
2024 · 0.92
ROE
49.9%▼
2024 · 56.2%
ROA
27.0%▼
2024 · 29.3%
Interest coverage
235.05▲
2024 · 207.44
Debt ≤ 1 year
€821k▲
2024 · €655k
Debt > 1 year
€97k▼
2024 · €117k
Income taxes
€138k▼
2024 · €140k
Staff costs
€1.32M▲
2024 · €1.09M
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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €350 | €0 | €677 | €4k | ▲ 435% |
| Remuneration, social security and pensions62 | - | €988k | €985k | €1.09M | €1.32M | ▲ 21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €28k | €29k | €39k | €40k | ▲ 2.5% |
| Other operating charges640/8 | - | €3k | €3k | €4k | €27k | ▲ 534% |
| Non-recurring operating charges66A | - | - | €3k | €0 | €7k | - |
| Gross operating margin9900 | €1.09M | €1.27M | €1.36M | €1.76M | €2.08M | ▲ 18.4% |
| Operating profit (loss)9901 | €225k | €249k | €335k | €626k | €688k | ▲ 9.8% |
| Financial income75/76B | - | €1k | €1k | €11k | €15k | ▲ 39.2% |
| Recurring financial income75 | €313 | €1k | €1k | €11k | €15k | ▲ 39.2% |
| Financial charges65/66B | - | €4k | €4k | €3k | €3k | ▼ 3.5% |
| Recurring financial charges65 | €3k | €4k | €4k | €3k | €3k | ▼ 3.5% |
| Profit (loss) for the period before taxes9903 | €223k | €247k | €332k | €634k | €700k | ▲ 10.4% |
| Income taxes67/77 | €71k | €89k | €120k | €140k | €138k | ▼ 1.1% |
| Profit (loss) for the period9904 | €152k | €158k | €212k | €494k | €562k | ▲ 13.6% |
| Profit (loss) for the period to be appropriated9905 | €152k | €158k | €212k | €494k | €562k | ▲ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.29M | €1.10M | €1.37M | €1.69M | €2.08M | ▲ 23.3% |
| Fixed assets21/28 | €250k | €304k | €305k | €295k | €275k | ▼ 6.6% |
| Tangible fixed assets22/27 | €250k | €304k | €305k | €295k | €265k | ▼ 10.0% |
| Land and buildings22 | - | €293k | €278k | €255k | €237k | ▼ 6.9% |
| Plant, machinery and equipment23 | - | €1k | €868 | €616 | €4k | ▲ 618% |
| Furniture and vehicles24 | - | €10k | €26k | €39k | €24k | ▼ 40.0% |
| Financial fixed assets28 | - | - | - | - | €10k | - |
| Current assets29/58 | €1.04M | €792k | €1.07M | €1.39M | €1.81M | ▲ 29.7% |
| Amounts receivable within one year40/41 | €550k | €379k | €548k | €351k | €570k | ▲ 62.1% |
| Trade receivables40 | - | €362k | €542k | €319k | €495k | ▲ 55.3% |
| Other amounts receivable41 | - | €18k | €7k | €33k | €75k | ▲ 129% |
| Current investments50/53 | €756 | €756 | €445k | €931k | €1.01M | ▲ 8.1% |
| Cash at bank and in hand54/58 | €462k | €359k | €40k | €31k | €166k | ▲ 429% |
| Deferred charges and accrued income490/1 | - | €52k | €35k | €79k | €64k | ▼ 18.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.29M | €1.10M | €1.37M | €1.69M | €2.08M | ▲ 23.3% |
| Equity10/15 | €472k | €503k | €715k | €880k | €1.13M | ▲ 28.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €466k | €496k | €709k | €873k | €1.12M | ▲ 28.2% |
| Distributable reserves133 | - | €496k | €709k | €873k | €1.12M | ▲ 28.2% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €819k | €593k | €659k | €807k | €955k | ▲ 18.3% |
| Amounts payable after more than one year17 | €178k | €157k | €137k | €117k | €97k | ▼ 17.0% |
| Financial debts170/4 | - | €157k | €137k | €117k | €97k | ▼ 17.0% |
| Amounts payable within one year42/48 | €616k | €411k | €467k | €655k | €821k | ▲ 25.4% |
| Current portion of amounts payable after more than one year42 | - | €21k | €20k | €20k | €20k | ▲ 1.0% |
| Trade debts44 | €381k | €156k | €204k | €139k | €220k | ▲ 58.7% |
| Suppliers440/4 | - | €156k | €204k | €139k | €220k | ▲ 58.7% |
| Taxes, remuneration and social security45 | - | €233k | €240k | €245k | €266k | ▲ 8.5% |
| Taxes450/3 | - | €57k | €98k | €109k | €57k | ▼ 47.8% |
| Remuneration and social security454/9 | - | €176k | €142k | €135k | €208k | ▲ 54.0% |
| Other amounts payable47/48 | - | €1k | €3k | €251k | €316k | ▲ 25.5% |
| Accrued charges and deferred income492/3 | - | €25k | €55k | €36k | €37k | ▲ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €152k | €158k | €212k | €494k | €562k | ▲ 13.6% |
| + Depreciation and write-downs630 | €21k | €28k | €29k | €39k | €40k | ▲ 2.5% |
| Operating cash flow (approximation) | €173k | €185k | €241k | €533k | €602k | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | €-81k | €-30k | €-29k | €-20k | ▲ 29.5% |
| Change in cash | - | €-102k | €-319k | €-9k | €134k | ▲ 1,571% |
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
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €562k ▲13.6%
Operating result €688k, net result €562k, both a record.
30-06
Financial
Equity above €1MEq €1.13M ▲28%
7 profitable years in a row build equity to €1.13M.
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €500kEq €503k ▲6.4%
4 profitable years in a row build equity to €503k.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €107k ▼7%
Net result drops to €107k, the lowest in the series; recovery starts the following year.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
07-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Truiden · 1 establishment unit since 2013
Ground area
511 m²
Building footprint
940 m²
Volume, LiDAR
5,594 m³
Parcel 71352D0941/00N000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Luikersteenweg 54C, 3800 Sint-Truiden
since 20132.226.919.268
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0941/00N000 | Flanders | 511 m² | 1 · 940 m² | 9.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 11,744 EUR awarded · 12,585 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,642 EUR | 4,538 EUR |
| 2024 | 1 | 2,672 EUR | 2,672 EUR |
| 2023 | 1 | 2,052 EUR | 2,997 EUR |
| 2022 | 1 | 2,378 EUR | 2,378 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
254900RP67FYVXTPC913
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 3,239 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
Founded24-09-2013
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.