AECO
Dissolved and wound up on 23-03-2026Overview
Overview
Official details
Source: KBO- Status
- Dissolved and wound up on 23-03-2026 deed of 09-04-2026
- Activity
- No activity registered in the KBO
- Financial year end
- 23 March
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts to 23-03-2026
- Gross margin
- €2,368
- Turnover
- ≈ €18,000
- estimated
- Profit
- €2,345
- Equity
- €3,366
- ▼ 39.0%
- Total assets
- €5,836
- ▲ 2.0%
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 30-03-2026 PDF all 35 filings
Turnover
≈ €18,000
Estimated: probably between €8,300 and €43,000
Total assets
€5,836▲ 2.0%
2025 · €5,719
Net result
€2,345
2025 · -€14,738
Working capital
-€1,134
2025 · €1,021
Multi-year overview
2018 to 2026, 9 financial yearsOperating result
€2,345
2026
20182026
Net result
€2,345
2026
20182026
Equity
€3,366
▼ 39.0%
2026
20182026
Total assets
€5,836
▲ 2.0%
2026
20182026
Debt
€2,471
▲ 12×
2026
20182026
Working capital
-€1,134
2026
20182026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result-€17,320--€4,098▲ 76.3%€9,411-€19,933-€26,081▼ 30.8%-€37,560▼ 44.0%-€37,593▼ 0.1%-€14,559▲ 61.3%€2,345
Net result-€17,851--€8,816▲ 50.6%€2,208-€20,215-€26,392▼ 30.6%-€33,302▼ 26.2%-€37,646▼ 13.0%-€14,738▲ 60.9%€2,345
Equity€139,922-€131,106▼ 6.3%€133,315▲ 1.7%€113,100▼ 15.2%€86,707▼ 23.3%€53,405▼ 38.4%€15,759▼ 70.5%€5,521▼ 65.0%€3,366▼ 39.0%
Total assets€143,592-€136,309▼ 5.1%€143,844▲ 5.5%€117,288▼ 18.5%€87,221▼ 25.6%€54,935▼ 37.0%€15,841▼ 71.2%€5,719▼ 63.9%€5,836▲ 2.0%
Debt€3,671-€5,203▲ 41.8%€10,530▲ 102%€4,188▼ 60.2%€513▼ 87.7%€1,530▲ 198%€82▼ 94.6%€198▲ 141%€2,471▲ 12×
Working capital€29,192-€37,585▲ 28.8%€58,532▲ 55.7%€57,010▼ 2.6%€49,311▼ 13.5%€34,702▼ 29.6%€15,759▼ 54.6%€1,021▼ 93.5%-€1,134
The operating result for 2026 is a profit of €2,345, after a loss of €14,559 in 2025. It is the highest result since 2020.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €5,836
Fixed assets
€4,500 =
Current assets
€1,336 ▲ 9.6%
Equity and liabilities €5,836
Equity
€3,366 ▼ 39.0%
Debt
€2,471 ▲ 12×
Debt's share of the balance-sheet total rises from 3.5% to 42.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.54▼
2025 · 6.15
Debt to equity
0.73▲
2025 · 0.04
ROE
69.7%▲
2025 · -266.9%
ROA
40.2%▲
2025 · -257.7%
Debt ≤ 1 year
€2,471▲
2025 · €198
Income taxes
€0▼
2025 · €248
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,177 | €17,209 | €18,693 | €18,693 | €18,693 | €18,693 | €18,703 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,271 | €2,339 | €2,513 | €2,483 | €2,415 | €23 | ▼ 99.0% |
| Gross operating margin9900 | €3,815 | €15,557 | €30,273 | €1,031 | -€5,049 | -€16,355 | -€16,407 | -€12,144 | €2,368 | - |
| Operating profit (loss)9901 | -€17,320 | -€4,098 | €9,411 | -€19,933 | -€26,081 | -€37,560 | -€37,593 | -€14,559 | €2,345 | - |
| Financial income75/76B | - | - | - | - | - | €4,584 | €267 | €164 | - | - |
| Recurring financial income75 | - | - | - | - | - | €4,584 | €267 | €164 | - | - |
| Non-recurring financial income76B | - | - | - | - | - | €4,584 | €267 | €164 | - | - |
| Financial charges65/66B | - | - | - | €76 | €88 | €104 | €96 | €96 | - | - |
| Recurring financial charges65 | €144 | €122 | €35 | €76 | €88 | €104 | €96 | €96 | - | - |
| Profit (loss) for the period before taxes9903 | -€17,464 | -€4,219 | €9,376 | -€20,008 | -€26,170 | -€33,081 | -€37,421 | -€14,490 | €2,345 | - |
| Income taxes67/77 | €387 | €4,596 | €7,167 | €206 | €222 | €222 | €225 | €248 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | -€17,851 | -€8,816 | €2,208 | -€20,215 | -€26,392 | -€33,302 | -€37,646 | -€14,738 | €2,345 | - |
| Profit (loss) for the period to be appropriated9905 | -€17,851 | -€8,816 | €2,208 | -€20,215 | -€26,392 | -€33,302 | -€37,646 | -€14,738 | €2,345 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €143,592 | €136,309 | €143,844 | €117,288 | €87,221 | €54,935 | €15,841 | €5,719 | €5,836 | ▲ 2.0% |
| Fixed assets21/28 | €110,730 | €93,521 | €74,783 | €56,090 | €37,396 | €18,703 | - | €4,500 | €4,500 | = |
| Tangible fixed assets22/27 | €110,685 | €93,476 | €74,783 | €56,090 | €37,396 | €18,703 | - | €4,500 | €4,500 | = |
| Land and buildings22 | - | - | - | €56,090 | €37,396 | €18,703 | - | €4,500 | €4,500 | = |
| Financial fixed assets28 | €45 | €45 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €32,863 | €42,788 | €69,061 | €61,198 | €49,824 | €36,232 | €15,841 | €1,219 | €1,336 | ▲ 9.6% |
| Amounts receivable within one year40/41 | €2,704 | €1,646 | €1,397 | €6,935 | €1,234 | €4,292 | €3,318 | €1,068 | €583 | ▼ 45.4% |
| Trade receivables40 | - | - | - | €5,735 | - | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €1,200 | €1,234 | €4,292 | €3,318 | €1,068 | €583 | ▼ 45.4% |
| Current investments50/53 | €28,148 | €28,148 | €28,148 | €28,148 | €28,148 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2,010 | €12,994 | €39,516 | €26,114 | €20,441 | €31,940 | €12,523 | €152 | €754 | ▲ 396% |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €143,592 | €136,309 | €143,844 | €117,288 | €87,221 | €54,935 | €15,841 | €5,719 | €5,836 | ▲ 2.0% |
| Equity10/15 | €139,922 | €131,106 | €133,315 | €113,100 | €86,707 | €53,405 | €15,759 | €5,521 | €3,366 | ▼ 39.0% |
| Contributions10/11 | €24,000 | €24,000 | - | €24,000 | €24,000 | €24,000 | €24,000 | €24,000 | €24,000 | = |
| Revaluation surpluses12 | - | - | - | €52,017 | €34,678 | €17,340 | - | €4,500 | - | - |
| Reserves13 | €157,907 | €175,246 | €192,585 | €209,924 | €227,263 | €244,601 | €261,941 | €261,941 | €261,941 | = |
| Non-distributable reserves130/1 | - | - | - | €209,924 | €227,263 | €244,601 | €261,941 | €261,941 | €261,941 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - | - | - | - | - | - |
| Other1319 | - | - | - | €208,065 | €227,263 | €244,601 | €261,941 | €261,941 | €261,941 | = |
| Profit (loss) carried forward14 | -€146,019 | -€154,835 | -€152,626 | -€172,841 | -€199,234 | -€232,536 | -€270,182 | -€284,920 | -€282,575 | ▲ 0.8% |
| Amounts payable17/49 | €3,671 | €5,203 | €10,530 | €4,188 | €513 | €1,530 | €82 | €198 | €2,471 | ▲ 12× |
| Amounts payable within one year42/48 | €3,671 | €5,203 | €10,530 | €4,188 | €513 | €1,530 | €82 | €198 | €2,471 | ▲ 12× |
| Trade debts44 | €3,249 | €496 | €1,861 | €3,982 | €497 | €1,530 | €82 | - | - | - |
| Suppliers440/4 | - | - | - | €3,982 | €497 | €1,530 | €82 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €206 | €16 | - | - | €198 | - | - |
| Taxes450/3 | - | - | - | €206 | €16 | - | - | €198 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | - | - | €2,471 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,851 | -€8,816 | €2,208 | -€20,215 | -€26,392 | -€33,302 | -€37,646 | -€14,738 | €2,345 | - |
| + Depreciation and write-downs630 | €20,177 | €17,209 | €18,693 | €18,693 | €18,693 | €18,693 | €18,703 | - | - | - |
| Operating cash flow (approximation) | €2,326 | €8,393 | €20,902 | -€1,522 | -€7,699 | -€14,609 | -€18,943 | -€14,738 | €2,345 | - |
| Investment in fixed assets (approximation) | - | €0 | €45 | €0 | €0 | €0 | - | - | €0 | - |
| Change in cash | - | €10,984 | €26,522 | -€13,401 | -€5,673 | €11,498 | -€19,416 | -€12,371 | €602 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 23-03-2026 | micro format | 30-03-2026 | 2026-00068929 | |
| 31-12-2025 | micro format | 26-02-2026 | 2026-00044317 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00467381 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00440986 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00430908 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20401340 | |
| 31-12-2020 | micro format | 02-08-2021 | 2021-45600455 | |
| 31-12-2019 | micro format | 24-09-2020 | 2020-55900092 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-53900180 | |
| 31-12-2017 | micro format | 27-09-2018 | 2018-66500282 |
Board & ownership
Directors
Directors
1 director
Sommer André
Current
Director · listed in the 2026 annual accounts, filed on 30-03-2026
Owners and capital
Owners
Network & group
AECO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of AECO. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2026
09-04
Gazette deed
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 23-03-2026 · No liquidator appointed · Books and records kept in Rebecq4 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed on 23-03-2026 · No liquidator appointed · Books and records kept in Rebecq4 points ▸
- General meeting, 23-03-2026
- Director discharge, SOMMER André Clément
- Net-asset statement, 30-01-2026
- Liquidation closure, 23-03-2026
- The deed holds 5 more points.
30-03
micro format · 207 days before the deadline
23-03
Financial
Back to profitnet €2,345
The net result is €2,345, after 5 loss-making years.
26-02
micro format · 155 days before the deadline
2025
29-08
micro format · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€37,646
The net result drops to -€37,646, the lowest from 2018 to 2026.
31-12
Financial
Liquidity more than 8 timescurrent ratio 192.41
The current ratio rises from 23.68 to 192.41. Short-term debt falls from €1,530 to €82.
30-08
micro format · 30 days late
2023
25-08
micro format · 25 days late
2022
31-12
Financial
Liquidity more than 6 timescurrent ratio 97.07
The current ratio rises from 14.61 to 97.07. Short-term debt falls from €4,188 to €513.
29-08
micro format · 29 days late
2021
31-12
Financial
Liquidity more than doubledcurrent ratio 14.61
The current ratio rises from 6.56 to 14.61. Short-term debt falls from €10,530 to €4,188.
Show earlier events
02-08
micro format · 2 days late
2020
31-12
Financial
Back to profitnet €2,208
The net result is €2,208, after 2 loss-making years.
24-09
micro format · 55 days late
2019
27-08
micro format · 27 days late
2018
27-09
micro format · 58 days late
1992
25-02
Gazette deed
Incorporation
20 publications in the Belgian Official Gazette, the last on 09-04-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Dissolved and wound up on 23 March 2026
AECO is no longer in the KBO register.
- Status
- Inactive
- Reason
- Dissolved and wound up in a single deedBelgian Official Gazette, 9 April 2026 · deed
- Last annual accounts
- financial year to 23 March 2026
- Last registered office
- Rue Bruyere 18, 1430 Rebecq-Rognonas published on 9 April 2026
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 1992