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AEB BUSINESS

Active
Private limited companyfounded 2025active for 1 yearHeikruisesteenweg(P) 19, 1670 Pepingen, BelgiumKBO/BCE: BE 1018.950.653
Summary

The computed 12-month bankruptcy probability of AEB BUSINESS is 2.2% (moderate). The 2025 annual accounts show equity of €124 and a net result of -€1,876. Its solvency ranks better than 19% of 318 sector peers (NACE 61, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Telecommunications resale and intermediation services
NACE 61200
1 site
Size
€20,141total assets 2025
Equity
€124
Loss
-€1,876
Turnover not published (micro format)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts 26 days early1 of 4 deeds read
Why 52raises riskFounded in 20251 change of registered office in 24 monthslowers riskLiquidity: current ratio 0.53, cash €6,030Figures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 24% of its sector peers (NACE 61, micro)
Financial strength
Weak
Solvency 26
equity 0.6% of total assets
Liquidity 37
short-term debt 99.4% · cash 29.9%
Profitability 7
return on assets -9.3%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.9% (527 companies, NACE 61, micro)
Last 24 months 02-2026: 3.9% 03-2026: 3.9%● unchanged vs 02-2026 04-2026: 4.1%▲ +0.2 percentage points vs 03-2026 05-2026: 4.4%▲ +0.3 percentage points vs 04-2026 06-2026: 4.6%▲ +0.2 percentage points vs 05-2026 07-2026: 5.1%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 2.1%▼ -3.0 percentage points vs 07-2026lowest value 09-2026: 2.2%▲ +0.1 percentage points vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026
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 61, micro): better than 20% on solvency, 35% on liquidity and 18% on profitability.

The bankruptcy probability was computed on 08-10-2026 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).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Founded in 2025
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.53, cash €6,030
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 07-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 318 sector peers (2025).
NBB · sector comparison
Position among 318 sector peers
Solvency
better than 19%
← weakest strongest →
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 05-07-2026, 26 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
26 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: ALILECHE BOUZID RACHID (director)Shareholding · Registered-office move ·…

Financials · financial year 2025, micro format

Equity
€124
Total assets
€20,141
Net result
-€1,876
Working capital
-€9,455

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €20,141
Fixed assets €9,579
Current assets €10,561
Equity and liabilities €20,141
Equity €124
Debt €20,016
Debt finances 99.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€426
Cash flow
-€432
Current ratio
0.53
ROA
-9.3%
Interest coverage
-71.17
Debt ≤ 1 year
€20,016
Equity ratios withheld: equity of €124 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 280 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
1.1% went bankrupt
3.2% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€20,141
Fixed assets21/28€9,579
Tangible fixed assets22/27€579
Furniture and vehicles24€579
Financial fixed assets28€9,000
Current assets29/58€10,561
Amounts receivable within one year40/41€4,531
Trade receivables40€545
Other amounts receivable41€3,987
Cash at bank and in hand54/58€6,030
Equity and liabilities
Total equity and liabilities10/49€20,141
Equity10/15€124
Contributions10/11€2,000
Profit (loss) carried forward14-€1,876
Amounts payable17/49€20,016
Amounts payable within one year42/48€20,016
Trade debts44€2,104
Suppliers440/4€2,104
Other amounts payable47/48€17,912
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,444
Other operating charges640/8€785
Gross operating margin9900€360
Operating profit (loss)9901-€1,870
Financial charges65/66B€6
Recurring financial charges65€6
Profit (loss) for the period before taxes9903-€1,876
Profit (loss) for the period9904-€1,876
Profit (loss) for the period to be appropriated9905-€1,876
Appropriation of the result
Profit (loss) to be appropriated9906-€1,876

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,444
Other operating charges640/8€785
Gross operating margin9900€360
Operating profit (loss)9901-€1,870
Financial charges65/66B€6
Recurring financial charges65€6
Profit (loss) for the period before taxes9903-€1,876
Profit (loss) for the period9904-€1,876
Profit (loss) for the period to be appropriated9905-€1,876
Line2025
Assets
Total assets20/58€20,141
Fixed assets21/28€9,579
Tangible fixed assets22/27€579
Furniture and vehicles24€579
Financial fixed assets28€9,000
Current assets29/58€10,561
Amounts receivable within one year40/41€4,531
Trade receivables40€545
Other amounts receivable41€3,987
Cash at bank and in hand54/58€6,030
Equity and liabilities
Total equity and liabilities10/49€20,141
Equity10/15€124
Contributions10/11€2,000
Profit (loss) carried forward14-€1,876
Amounts payable17/49€20,016
Amounts payable within one year42/48€20,016
Trade debts44€2,104
Suppliers440/4€2,104
Other amounts payable47/48€17,912
Line2025
Profit (loss) for the period9904-€1,876
+ Depreciation and write-downs630€1,444
Operating cash flow (approximation)-€432

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of the 2,142 companies in this sector, figures are known for 698. 14 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Directors

Directors
1 director, last change in 2025
ALILECHE BOUZID RACHID
Director · since 01-11-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette acts have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ALILECHE BOUZID RACHID
  • Director, from 01-11-2025 to date
See the board, name and seat on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 21-11-2025 ↗
Share transfer act of 21-11-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 20 January 2025, AEB BUSINESS was incorporated as a private limited company.1 In 2025 the registered office moved to Pepingen.2 ALILECHE BOUZID RACHID has served as director of the company since 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2Belgian Official Gazette, 21-11-2025

Acts, filings and financial milestones

2026
05-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
21-11
Gazette deed Appointment: ALILECHE BOUZID RACHID (director)
Shareholding · Registered-office move · Share transfer7 facts ▸
  • General meeting, 17.30 uur, 17.00 uur
  • Other statement, convocaties, sturen van convocaties
  • Shareholding, 100
  • Registered-office move, Heikruisesteenweg 19,1670 Pepingen
  • Share transfer, ALILECHE EL BAHRI ANAS → ALILECHE BOUZID RACHID
  • Director appointment, ALILECHE BOUZID RACHID (director)
  • Shareholding, 50 (2 times)
Gazette deedNBB filing
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded20-01-2025
Financial year end31-12
Activities, NACEBEL 2025
61200Telecommunications resale and intermediation services
42220Construction of utility projects for electricity and telecommunications
49410Freight transport by road
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018950653
Also 9925:BE1018950653
Registered 21-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 9 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Pepingen · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
2,208 m²
Building footprint
452 m²
Building volume
2,323 m³
Parcel 23010B0037/00W002, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
1 establishment unit
AEB BUSINESS
Heikruisesteenweg(P) 19, 1670 PepingenSite preparation
since 2025unit no. 2.370.563.204
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23010B0037/00W002 Flanders 2,208 m² 1 · 452 m² 8.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.