AEC Automotive Systems
The computed 12-month bankruptcy probability of AEC Automotive Systems is 1.8% (moderate). The 2025 annual accounts show equity of €2.19M and a net result of €606k. Equity is growing by ~48.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 187 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.19M |
| Net result | €606k |
| Staff (FTE) | 39.5 |
| Better than sector | 78% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.4% | 41.5% | |
| Net result | €606k | €159k | |
| Equity | €2.19M | €1.10M | |
| Staff costs | €3.68M | €760k | |
| Employees (FTE) | 39.5 | 10.0 |
Show 13 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €9.27M |
| EBITDA | €904k |
| Net profit | €606k |
| Cash flow | €658k |
| Staff costs | €3.68M |
| Income taxes | €247k |
| Dividends | - |
| Total assets | €3.40M |
| Equity | €2.19M |
| Debt | €1.21M |
| of which ≤ 1y | €1.21M |
| of which > 1y | - |
| Working capital | €2.04M |
| Employees (FTE) | 39.5 |
| 2025 | |
|---|---|
| Current ratio | 2.69 |
| Quick ratio | 2.69 |
| Working capital ratio | 60.0% |
| Solvency | 64.4% |
| Debt / equity | 0.55 |
| Long-term debt ratio | - |
| Interest coverage | 43.32 |
| Gross margin | 60.0% |
| Net margin | 6.5% |
| ROA | 17.8% |
| ROE | 27.7% |
| EBITDA margin | 9.7% |
| Days sales outstanding | 72d |
| Days payable outstanding | 85d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.40M |
| Fixed assets | 21/28 | €150k |
| Intangible fixed assets | 21 | €8k |
| Tangible fixed assets | 22/27 | €93k |
| Financial fixed assets | 28 | €48k |
| Current assets | 29/58 | €3.25M |
| Amounts receivable within one year | 40/41 | €2.44M |
| Cash & bank | 54/58 | €767k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.40M |
| Equity | 10/15 | €2.19M |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €2.18M |
| Amounts payable | 17/49 | €1.21M |
| Amounts payable within one year | 42/48 | €1.21M |
| Trade debts payable within one year | 44 | €866k |
| Income statement | ||
| Turnover | 70 | €9.27M |
| Operating result | 9901 | €851k |
| Financial income | 75 | €23k |
| Financial charges | 65 | €21k |
| Result before taxes | 9903 | €852k |
| Income taxes | 67/77 | €247k |
| Net result for the period | 9904 | €606k |
| Result to be appropriated | 9905 | €606k |
Former directors (1)
-
Michael TsesmelisDirectorState Gazette act 24081335 (29-05-2024)Former29-05-2024 → 02-10-2025
2 events
- 02-10-2025 Resigned· Director
- 29-05-2024 Appointed· Director
| NACE primary | Groothandel in delen en toebehoren van motorvoertuigen(46720) |
| Legal form | Private limited company(610) |
| Incorporation | 21-05-2021 |
| Status | Active |
| Postal code | 9130 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46027B0541/00A000 | Flanders | 14.6 ha | 1 · 1.6 ha | - |
| 46027B1226/00B000 | Flanders | 4.2 ha | 1 · 2.9 ha | - |
| 46010D0593/00D000 | Flanders | 1,014 m² | 1 · 1,014 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-10-2025 1 resigning, 1 reappointed
- Michael Tsesmelis, Bestuurder
- Van Heghe Sara, Commissaris
Technical details
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}29-05-2024 Michael Tsesmelis appointed as director
- Michael Tsesmelis, Bestuurder
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}| Legal nameNL | AEC Automotive Systems |