Skip to content

AE Group

Active Risk: not assessed
Public limited companyfounded 199036 yrs activeInterleuvenlaan 74, 3001 Leuven, BelgiumKBO/BCE: BE 0440.713.362

AE Group has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €43.06M and a net result of €800k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 68% of 709 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €43.06M
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 · 7 filings
Deviation from the deadline
2025
3 d early
2024
29 d early
2023
16 d early
2022
33 d early
2021
31 d early
2020
31 d late
2019
91 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, consolidated, statutory

Turnover
€3.22M▲ 42.2%
2024 · €2.26M
2018: €4.39M 2024: €2.26M
2018 → 2025
EBIT margin
40.3%▲ 20.4pp
2024 · 19.9%
2018: 81.6% 2024: 19.9%
2018 → 2025
Net result
€800k
2024 · €-559k
2018: €-16.48M 2019: €600k 2020: €319k 2021: €-88k 2022: €159k 2023: €-3.74M 2024: €-559k
2018 → 2025
Working capital
€-2.18M▼ 34.9%
2024 · €-1.62M
2018: €-15.38M 2019: €-17.51M 2020: €-17.26M 2021: €-17.31M 2022: €-22.90M 2023: €-1.87M 2024: €-1.62M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€2.26M€3.22M▲ 42.2%
Equity€20.77M-€20.92M▲ 0.7%€17.18M▼ 17.9%€16.62M▼ 3.3%€43.06M▲ 159%
Operating result€412k-€773k▲ 87.6%€640k▼ 17.2%€449k▼ 29.7%€1.30M▲ 189%
Net result€-88k-€159k€-3.74M€-559k▲ 85.1%€800k
Result per fiscal year
Operating resultNet result
€-4.00M€-2.00M€0€2.00MOperating result 2021: €412k€412kNet result 2021: €-88k€-88kOperating result 2022: €773k€773kNet result 2022: €159k€159kOperating result 2023: €640k€640kNet result 2023: €-3.74M€-3.74MOperating result 2024: €449k€449kNet result 2024: €-559k€-559kOperating result 2025: €1.30M€1.30MNet result 2025: €800k€800k20212022202320242025
The operating result recovers in 2025; 2025 is 189% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68.30M
Fixed assets €67.50M▲ 92.4%
Current assets €803k▲ 32.5%
Equity and liabilities €68.30M
Equity €43.06M▲ 159%
Debt €25.25M▲ 32.3%
The debt ratio falls from 53.4% to 37.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
63.0%
2024 · 46.6%
ROE
1.9%
2024 · -3.4%
ROA
1.2%
2024 · -1.6%
Debt
€25.25M
2024 · €19.08M
Debt ≤ 1 year
€2.99M
2024 · €2.23M
Debt > 1 year
€21.24M
2024 · €16.03M
Income taxes
€1k
2024 · €178
Staff costs
€227k
2024 · €120k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€35.69M€68.30M
Fixed assets21/28€35.09M€67.50M
Tangible fixed assets22/27€4.66M€8.06M
Land and buildings22€30k€28k
Plant, machinery and equipment23€187k€179k
Furniture and vehicles24€136k€106k
Other tangible fixed assets26€3.00M€7.75M
Assets under construction and advance payments27€1.30M€0
Financial fixed assets28€30.42M€59.44M
Affiliated companies280/1€30.40M€59.41M
Participating interests280€30.40M€59.41M
Companies linked by participating interests282/3€26k€26k=
Participating interests282€26k€26k=
Current assets29/58€606k€803k
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€453k€451k
Trade receivables40€451k€430k
Other amounts receivable41€2k€21k
Cash at bank and in hand54/58€96k€283k
Deferred charges and accrued income490/1€57k€69k
Equity and liabilities
Total equity and liabilities10/49€35.69M€68.30M
Equity10/15€16.62M€43.06M
Contributions10/11€12.72M€13.52M
Capital10€4.16M€4.96M
Issued capital100€4.16M€4.96M
Outside capital11€8.56M€8.56M=
Share premium1100/10€8.56M€8.56M=
Revaluation surpluses12-€24.85M
Reserves13€3.89M€4.69M
Non-distributable reserves130/1€416k€496k
Legal reserve130€416k€496k
Distributable reserves133€3.48M€4.19M
Amounts payable17/49€19.08M€25.25M
Amounts payable after more than one year17€16.03M€21.24M
Financial debts170/4€16.03M€21.24M
Credit institutions173€2.03M€5.24M
Other loans174€14.00M€16.00M
Amounts payable within one year42/48€2.23M€2.99M
Current portion of amounts payable after more than one year42€100k€306k
Trade debts44€328k€234k
Suppliers440/4€328k€234k
Taxes, remuneration and social security45€267k€295k
Taxes450/3€252k€270k
Remuneration and social security454/9€15k€25k
Other amounts payable47/48€1.53M€2.15M
Accrued charges and deferred income492/3€820k€1.02M
Income statement Code20242025
Operating income70/76A€2.40M€3.38M
Turnover70€2.26M€3.22M
Other operating income74€133k€158k
Non-recurring operating income76A€0-
Operating charges60/66A€1.95M€2.08M
Goods for resale, raw materials and consumables60€52k€84k
Purchases600/8€52k€84k
Services and other goods61€1.24M€1.24M
Remuneration, social security and pensions62€120k€227k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€423k€438k
Other operating charges640/8€117k€91k
Non-recurring operating charges66A-€3k
Operating profit (loss)9901€449k€1.30M
Financial income75/76B€46k€743k
Recurring financial income75€46k€18k
Income from financial fixed assets750€37k€972
Income from current assets751€9k€0
Other financial income752/9€0€17k
Non-recurring financial income76B€0€725k
Financial charges65/66B€1.05M€1.24M
Recurring financial charges65€965k€1.24M
Debt charges650€965k€1.24M
Other financial charges652/9€7€413
Non-recurring financial charges66B€88k€96
Profit (loss) for the period before taxes9903€-558k€801k
Income taxes67/77€178€1k
Taxes670/3€178€1k
Profit (loss) for the period9904€-559k€800k
Profit (loss) for the period to be appropriated9905€-559k€800k
Appropriation of the result
Profit (loss) to be appropriated9906€-559k€800k
Transfer from equity791/2€559k€0
From reserves792€559k€0
Transfer to equity691/2-€796k
To the legal reserve6920-€80k
To other reserves6921-€717k
Profit to be distributed694/7€0€4k
Employees696€0€4k
Social balance
Average headcount (FTE)90872.03.3

The notes to these accounts (89 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
28-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
23-01
State Gazette act Capital & shares · Statutes amendment
Capital1 fact ▸
  • Capital, €4.958.749,48
2025
31-12
Financial Back to profitnet €800k
Net result €800k after 2 loss-making years.
31-12
Financial Equity above €25MEq €43.06M ▲159%
Equity rises from €16.62M to €43.06M.
07-11
State Gazette act Statutes amendment
General meeting · Name change2 facts ▸
  • General meeting, 2025-10-30
  • Name change, AE Group
26-08
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
02-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
28-01
State Gazette act Capital & shares · Restructuring
General meeting · Merger · Accounting effect5 facts ▸
  • General meeting, 2024-12-31
  • Merger, absorption, 2024-12-31
  • Accounting effect, 2025-01-01
  • Shareholding, 100%
  • Indemnification, de bestuurders van de overgenomen vennootschap te vrijwaren tegen elke vordering
2024
27-11
State Gazette act Restructuring
Merger · Capital · Corporate purpose8 facts ▸
  • Merger
  • Capital, €4.162.839,48
  • Capital, €6.200
  • Corporate purpose, De vennootschap heeft tot voorwerp zowel in België als in het buitenland zowel voor eigen naam en voor eigen rekening als voor naam of voor rekening van derden,…
  • Corporate purpose, De vennootschap heeft tot voorwerp zowel in België als in het buitenland zowel voor eigen naam en voor eigen rekening als voor naam of voor rekening van derden,…
  • Accounting effect, 2025-01-01
  • Power of attorney, Thomas Van Dyck
  • Power of attorney, Lise Paulussen
16-10
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
15-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
24-06
State Gazette act Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
  • General meeting, 2023-12-29
  • Auditor appointment, Moore Audit BV
  • Permanent representative, Jimmy Depré
28-05
State Gazette act Resignations & appointments
General meeting · Director reappointment · Board composition5 facts ▸
  • General meeting, 2024-04-19
  • Director reappointment, Bruno Denys (bestuurder)
  • Board composition, bestuurder, 2024-04-19
  • Board composition, bestuurder, 2024-04-19
  • Permanent representative, Marnix Denys
2023
20-12
State Gazette act Purpose · Statutes amendment · Resignations & appointments
General meeting · Purpose change · Statutes amendment6 facts ▸
  • General meeting, 2023-11-28
  • Purpose change, De vennootschap heeft tot voorwerp zowel in België als in het buitenland zowel voor eigen naam en voor eigen rekening als voor naam of voor rekening van derden,…
  • Statutes amendment
  • Capital, €4.162.839,48
  • Board meeting, 2023-11-28
  • Director appointment, Bruno Denys (dagelijks bestuurder)
17-08
State Gazette act Resignations & appointments
General meeting · Director reappointment · Permanent representative5 facts ▸
  • General meeting, 2023-06-15
  • Director reappointment, Bercopar NV (bestuurder)
  • Permanent representative, Marnix Denys
  • Board composition, gedelegeerd bestuurder, 2023-06-15
  • Board composition, bestuurder, 2023-06-15
28-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
30-01
State Gazette act Resignations & appointments
Board meeting · Power of attorney3 facts ▸
  • Board meeting, 2023-01-05
  • Power of attorney, Ann Beutels
  • Power of attorney, Wouter Wouters
2022
31-12
Financial Back to profitnet €159k
Net result €159k after one loss-making year.
08-12
State Gazette act Registered office
Board meeting · Registered-office move2 facts ▸
  • Board meeting, 2022-11-02
  • Registered-office move, Interleuvenlaan 74, 3001 Leuven
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
26-08
State Gazette act Resignations & appointments
General meeting · Permanent representative2 facts ▸
  • General meeting, 2020-10-21
  • Permanent representative, Marnix Denys
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial Back to profitnet €600k
Net result €600k after one loss-making year.
2018
29-08
State Gazette act Resignations & appointments
General meeting · Permanent representative · Director resignation14 facts ▸
  • General meeting, 2018-04-30
  • Permanent representative, Bruno DENYS
  • Director resignation, BRUNO DENYS BVBA (bestuurder)
  • Director discharge, BRUNO DENYS BVBA
  • Director appointment, Bruno DENYS (bestuurder)
  • Mandate compensation, Bruno DENYS
  • Board composition, Bestuurder, 2018-04-30
  • Board composition, Bestuurder, 2018-04-30
  • Board meeting, 2018-04-30
  • Director resignation, BRUNO DENYS BVBA (gedelegeerd bestuurder)
  • Director appointment, Bruno DENYS (gedelegeerd bestuurder)
  • Mandate compensation, Bruno DENYS
  • +2 further facts in this act
12-04
State Gazette act Resignations & appointments
Board meeting · Power of attorney · Permanent representative3 facts ▸
  • Board meeting
  • Power of attorney, Ann Beutels
  • Permanent representative, Bruno Denys
2017
10-05
State Gazette act Purpose · Statutes amendment
General meeting · Purpose change · Statutes amendment5 facts ▸
  • General meeting, 2017-04-20
  • Purpose change, De vennootschap heeft tot doel zowel in België als in het buitenland zowel voor eigen naam en voor eigen rekening als voor naam of voor rekening van derden, all…
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
07-03
State Gazette act Resignations & appointments
General meeting · Director resignation · Director discharge12 facts ▸
  • General meeting, 2016-12-29
  • Director resignation, Bruno Denys (gedelegeerd bestuurder)
  • Director discharge, Bruno Denys
  • Director appointment, Bruno Denys BVBA (bestuurder)
  • Permanent representative, Bruno Denys
  • Mandate compensation, Bruno Denys BVBA
  • Board composition, bestuurder, 2017-01-01
  • Board composition, bestuurder, 2017-01-01
  • Board meeting, 2016-12-30
  • Director appointment, Bruno Denys BVBA (gedelegeerd bestuurder)
  • Director appointment, Bruno Denys BVBA (voorzitter)
  • Mandate compensation, Bruno Denys BVBA
2016
12-09
State Gazette act Resignations & appointments
General meeting · Director resignation · Permanent representative7 facts ▸
  • General meeting, 2016-07-01
  • Director resignation, Definam NV (bestuurder)
  • Permanent representative, Olivia Vandenbrande
  • Director discharge, Definam NV
  • Board composition, Gedelegeerd Bestuurder, 2016-07-01
  • Board composition, bestuurder, 2016-07-01
  • Permanent representative, Luc De Bodt
2015
04-11
State Gazette act Resignations & appointments
General meeting · Auditor appointment2 facts ▸
  • General meeting, 2014-12-15
  • Auditor appointment, VMB Bedrijfsrevisoren cvba (commissaris-revisor)
2014
06-11
State Gazette act Resignations & appointments
General meeting · Director appointment · Permanent representative7 facts ▸
  • General meeting, 2014-06-16
  • Director appointment, Definam N.V. (bestuurder)
  • Permanent representative, Olivia Vandenbrande
  • Board composition, Gedelegeerd Bestuurder, 2014-06-16
  • Board composition, bestuurder, 2014-06-16
  • Permanent representative, Luc De Bodt
  • Board composition, bestuurder, 2014-06-16
19-02
State Gazette act Resignations & appointments
General meeting · Director resignation · Board meeting7 facts ▸
  • General meeting, 2014-01-27
  • Director resignation, Ilse Vanderschueren (bestuurder)
  • Board meeting, 2014-01-27
  • Director discharge, Ilse Vanderschueren
  • Board composition, Gedelegeerd Bestuurder, 2014-01-27
  • Board composition, bestuurder, 2014-01-27
  • Permanent representative, Luc De Bodt
14-01
State Gazette act Resignations & appointments
General meeting · Name change · Power of attorney3 facts ▸
  • General meeting, 13/12/2013
  • Name change, DEPARCO GROUP
  • Power of attorney, VANDENBRANDE Olivia
2013
31-12
State Gazette act Resignations & appointments
Permanent representative1 fact ▸
  • Permanent representative, Luc De Bodt
08-01
State Gazette act Capital & shares · Statutes amendment
General meeting · Capital increase · Statutes amendment6 facts ▸
  • General meeting, 2012-12-19
  • Capital increase, €1.219.479,66
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
2012
14-03
State Gazette act Miscellaneous
General meeting · Permanent representative2 facts ▸
  • General meeting, 2012-02-24
  • Permanent representative, Bruno Denys
2011
03-10
State Gazette act Registered office · Resignations & appointments
General meeting · Director reappointment · Permanent representative14 facts ▸
  • General meeting, 2011-06-15
  • Director reappointment, Bruno Denys (Bestuurder)
  • Director reappointment, Ilse Vanderschueren (Bestuurder)
  • Director reappointment, Deparco Comm.V.A. (Bestuurder)
  • Permanent representative, Olivia Vandenbrande
  • Mandate compensation, Bruno Denys
  • Mandate compensation, Deparco Comm.V.A.
  • Mandate compensation, Ilse Vanderschueren
  • Board composition, Bestuurder, 2011-06-15
  • Board composition, Bestuurder, 2011-06-15
  • Board composition, Bestuurder, 2011-06-15
  • Board meeting, 2011-06-15
  • +2 further facts in this act
2010
29-09
State Gazette act Capital & shares · Statutes amendment
General meeting · Capital decrease · Capital9 facts ▸
  • General meeting, 2010-09-14
  • Capital decrease, €4.000.026,24
  • Capital, €2.943.359,82
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Corporate purpose, Verlenen van diensten op vlak van management, marketing, consulting, public relations, telemarketing en opleiding; aan- en verkoop, huur en verhuur van drukwerk…
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 directors, no change since 2024
Bercopar NV
Director · since 15-06-2023 · Legal entity · perm. rep.: Marnix Denys
Current
Bruno Denys
Director · since 30-04-2018
Current
Brightspace
Director · since 01-01-2017 · Private limited company · perm. rep.: Bruno Denys
Not recently confirmed
Deparco
Director · since 16-06-2014 · Public limited company · perm. rep.: Olivia Vandenbrande
Not recently confirmed
Bercopar
Director · since 15-06-2011 · Public limited company · perm. rep.: Olivia Vandenbrande
Not recently confirmed
19-04-2024 Bruno Denys: Mandate renewed as Director
28-11-2023 Bruno Denys: Appointed as Dagelijks bestuurder
15-06-2023 Bercopar NV: Mandate renewed as Director
30-04-2018 Bruno Denys: Appointed as Managing director
30-04-2018 Bruno Denys: Appointed as Director
30-04-2018 Bruno Denys BVBA: Resigned as Director
30-04-2018 Bruno Denys BVBA: Resigned as Managing director
01-01-2017 Bruno Denys: Resigned as Managing director
01-01-2017 Brightspace: Appointed as Director
01-01-2017 Brightspace: Appointed as Chair
01-01-2017 Brightspace: Appointed as Managing director
01-07-2016 Definam NV: Resigned as Director
16-06-2014 Deparco: Appointed as Director
27-01-2014 Ilse Vanderschueren: Resigned as Director
15-06-2011 Bruno Denys: Mandate renewed as Director
15-06-2011 Bruno Denys: Mandate renewed as Managing director
15-06-2011 Bercopar: Mandate renewed as Director
15-06-2011 Ilse Vanderschueren: Mandate renewed as Director
Location & real-estate footprint
Registered office, Leuven · 2 establishment units since 1990
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Interleuvenlaan 743001 Leuven
Ground area
3.3 ha
Building footprint
3,415 m²
Volume, LiDAR
23,067 m³
2 parcels, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
AE Group
Weg tussen Weiden(OPV) 14, 3360 BierbeekNACE 65231
since 19902.048.821.132
AE Group
Interleuvenlaan 74, 3001 LeuvenHoldings
since 20202.316.612.297
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24713D0269/00A000
ProtectedMonument · Townscape or village viewHoeve BerkenhofSource ↗
Flanders 1.7 ha 1 · 1,662 m² 15.9 m · 2 fl.
24514C0079/00G002 Flanders 1.6 ha 1 · 1,753 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Statutory auditor

2 auditors
Moore AuditCurrent
Auditor · represented by Jimmy Depré
29-12-2023 → present
Show 1 earlier auditors
VMB Bedrijfsrevisoren CVBA
Commissaris revisor
succeeded by Moore Audit in 2023
15-12-2014 → 29-12-2023

Structure & network

Connections & network

4 connected companies

Ownership & control

6 parties
Control over this companysits on this company's board3
5 subsidiaries · 1 location
2 subsidiaries · 1 location
1 subsidiary · 1 location
controls
AE GroupBE 0440.713.362
controls
Where this company holds controlthis company sits on their board3
2 locations
1 subsidiary · 1 location
1 location

Acquisitions and mergers

1 transaction
Took over:Winne2
BE 0820.972.564merger by absorption · State Gazette act of 28-01-2025 (2 acts) · effective 01-01-2025

Capital and shareholders

Capital increase of 1,219,479.66 EUR
State Gazette act of 08-01-2013

Recognitions · licences · registrations

Legal Entity Identifier

875500Q3Z4JFISNT9Y40
live in the LEI register

Similar companies · same sector, comparable size

Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 123 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-04-1990
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.