AE PROJECT
Annual accounts 2025
micro format, filed on 29-09-2026, 60 days lateMoney flows
no detail for 2025Balance sheet
balance sheet total €21,124 on 31-12-2025in euro
in euro
Position in the sector
-13.0%
Higher than 8% of 39,376 companies in 2025.
0.50
Higher than 11% of 38,058 companies in 2025.
70.2%
Higher than 95% of 38,530 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
21,124 | 20,292 | 4,388 | |
21/28 |
9,108 | 15,145 | - | |
21 |
- | - | 0 | |
22/27 |
9,108 | 15,145 | - | |
23 |
- | 1,472 | - | |
24 |
9,108 | 13,673 | - | |
29/58 |
12,016 | 5,147 | 4,388 | |
40/41 |
11,875 | 3,147 | 2,420 | |
40 |
11,816 | - | 2,420 | |
41 |
59 | 3,147 | - | |
54/58 |
141 | 1,999 | 1,968 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
21,124 | 20,292 | 4,388 | |
10/15 |
-2,747 | -17,580 | -3,669 | |
10/11 |
1,000 | 1,000 | 1,000 | |
14 |
-3,747 | -18,580 | -4,669 | |
17/49 |
23,870 | 37,872 | 8,057 | |
42/48 |
23,870 | 37,872 | 8,057 | |
44 |
1,184 | 15,000 | 1,345 | |
440/4 |
1,184 | 15,000 | 1,345 | |
45 |
132 | - | 268 | |
450/3 |
132 | - | 268 | |
47/48 |
22,554 | 22,872 | 6,445 | |
| Income statement | ||||
70 |
- | - | 2,800 | |
9900 |
21,847 | -12,928 | -3,325 | |
60/61 |
- | - | 6,125 | |
630 |
4,566 | 553 | 949 | |
640/8 |
1,965 | 387 | 384 | |
9901 |
15,317 | -13,868 | -4,658 | |
75/76B |
2 | - | - | |
75 |
2 | - | - | |
65/66B |
353 | 42 | 12 | |
65 |
353 | 42 | 12 | |
9903 |
14,966 | -13,911 | -4,669 | |
67/77 |
132 | - | - | |
9904 |
14,834 | -13,911 | -4,669 | |
9905 |
14,834 | -13,911 | -4,669 | |
| Appropriation of the result | ||||
9906 |
-3,747 | -18,580 | -4,669 | |
14P |
-18,580 | -4,669 | - | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 60 days after the deadline. Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00529902.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 19,882 | -13,315 | -3,709 | ||
| 19,399 | -13,357 | -3,720 | ||
| -1,472 | 15,698 | 949 | ||
| -1,858 | 31 | - | ||
| -11,854 | -32,725 | -3,669 | ||
| -13.0% | -86.6% | - | ||
| 0.50 | 0.14 | - | ||
| 70.2% | -68.6% | - | ||
| 56.32 | -315.98 | -321.96 | ||
| - | - | 315 days | ||
| - | - | 80 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €15,698 | - |
| Intangible fixed assets | - | - | €949 |
| €4,566 | €553 | €949 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on AE PROJECT
The operating result for 2025 is a profit of €15,317, after a loss of €13,868 in 2024. It is the highest result since 2023.
Equity is negative. Debt (€23,870) exceeds the balance-sheet total (€21,124).