AE VALVES

Active

Private limited companyfounded 2010active for 16 yearsRue de Gelée 20, 4800 Verviers, BelgiumKBO/BCE: BE 0823.771.807

Summary

The computed 12-month bankruptcy probability of AE VALVES is 2.4% (moderate). The annual accounts of AE VALVES for financial year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €4.7m and a net result of -€6.1m. Equity is shrinking by about 18% per year across the filed financial years. The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

AE VALVESActiveChecked score 50/100

Risk analysis Report Compare

Activity

Manufacture of machinery and equipment not elsewhere classified

NACE 28140

3rd fastest staff growth in Verviers, Manufacturing sector1 site

Size

€28.0mturnover 2025

Staff: 94.6 FTE
Equity: €4.7m
Loss: -€6.1m

Financial health

50 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.4%

Structure

Parent: EMERSON PROCESS MANAGEMENT · 100%

Michael ANDRIAMIALISOАDirector

Auditor: CDP NB & C°2025 accounts 34 days early3 of 17 deeds summarised

Why 50raises riskLoss of €6.1m, the second in a row (financial year 2025)Liquidity: current ratio 1.01, cash €17,460Equity €4.7m (16.4% of total assets)1 of the last 3 lateShow the evidence

Checked score

Score 2025

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 8% of its sector peers (NACE 28, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 41-16

equity 16.4% of total assets

Liquidity 6-13

short-term debt 81.1% · cash 0.1%

Profitability 0-10

return on assets -21.1%

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (101 companies, NACE 28, medium-sized)

Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.9%▲ +0.1 percentage points vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.6 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.2%▼ -0.1 percentage points vs 10-2025 12-2025: 1.3%▲ +0.1 percentage points vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.3%▲ +0.1 percentage points vs 02-2026 04-2026: 2.5%▲ +1.2 percentage points vs 03-2026highest value 05-2026: 2.5%● unchanged vs 04-2026highest value 06-2026: 2.5%● unchanged vs 05-2026highest value 07-2026: 2.5%● unchanged vs 06-2026highest value 08-2026: 2.5%● unchanged vs 07-2026highest value 09-2026: 2.5%● unchanged vs 08-2026highest value 10-2026: 2.4%▼ -0.1 percentage points vs 09-2026

Credit of up to €230,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.01, compared with 1.42 in 2024, below the usual 1.5; short-term debt: 81.1% and cash: 0.1% of total assets), and 83.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, medium-sized): better than 21% on solvency, 4% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

raises riskneutral

Loss of €6.1m, the second in a row (financial year 2025)

NBB · annual accounts

Liquidity: current ratio 1.01, cash €17,460

NBB · annual accounts

Equity €4.7m (16.4% of total assets)

NBB · annual accounts

1 of the last 3 late

NBB · filings

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

34 days early

2024

29 days early

2023

70 days late

2022

86 days late

2021

72 days early

2020

63 days early

2018

70 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 April (4 of the last 5 filed years within 100 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end27-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-10-2026 Resignations: Gareth Doig (director) and Eric…Appointment: Michael ANDRIAMIALISOА (director) ·…
27-03-2026 Annual accounts filedfinancial year 2025 · unclassified…
30-09-2025 Weakest financial yearnet -€6.1m

Key points

Risk: 4 loss-making years in a rowloss financial year 2025 -€6.1m View
Caution: Result fell in 2025from -€2.7m to -€6.1m ▼ 128% View
Caution: Board changedlatest change 21-10-2026 · 1 in office 1 joined · 2 left View
Positive: 3rd fastest staff growth in Verviers, Manufacturing sectorin the Checked rankings No. 3 View
Controlled by EMERSON PROCESS MANAGEMENTultimately: EMERSON ELECTRIC CO. 100% View

By topic

Financials

Financial year: 2025
Turnover: €28.0m
Loss: -€6.1m
Solvency: 16.4%

Turnover▼ 42.3%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member
Parent: EMERSON PROCESS MANAGEMENT · 100%
Auditor: CDP NB & C°

Michael ANDRIAMIALISOАDirector

Go to Board & ownership

Network & group

Group: EMERSON ELECTRIC CO.

Go to Network & group

Timeline

Events: 20
Since: 2012
Next accounts: by 30-04-2027

01-04-2025Annual accounts filed
09-07-2024Annual accounts filed
23-01-2024Resignation: Michael Rauber (director)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of machinery and equipment not elsewhere classifiedNACE 28140
Founded: 09-03-2010
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about AE VALVES

What is the company number of AE VALVES?: 0823.771.807. In Belgium the VAT number is the company number with BE in front: BE 0823.771.807.
Where is AE VALVES based?: The registered office is at Rue de Gelée 20, 4800 Verviers.Company details
What does AE VALVES do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28140).
What is the legal form of AE VALVES?: Private limited company (BV).
When was AE VALVES founded?: On 09-03-2010.
Is AE VALVES still active?: Yes, AE VALVES is an active enterprise in the KBO register.
How many employees does AE VALVES have?: On average 94.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of AE VALVES?: €28.0m in financial year 2025, according to the filed annual accounts.
Is AE VALVES profitable?: In financial year 2025, AE VALVES made a loss of €6.1m.
Where can I find the annual accounts of AE VALVES?: AE VALVES filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AE VALVES due?: By 30-04-2027, for financial year 2026.Timeline