AED LEASE
ActiveSummary
AED LEASE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.1m and a net result of €702,926. Equity is growing by ~4.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability94▲+6
Solvency100▲+31
Growth52▲+30
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270,000 at 30 days acceptable
Liquidity ample (current ratio 4.02 against 0.91 in 2023; short-term debt: 13.9% and cash: 15.8% of total assets), and 21.7% of the assets are financed with debt.
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. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
78.3%
Return on assets
17.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
118 d early
2023
20 d early
2022
5 d early
2021
20 d early
2020
9 d early
2019
69 d late
← 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 20 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies Which other companies belong to the same group?AED Rent · 5 companies
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
In the rankings
#3 company by equity in Willebroek, Administrative and support services sector#6 company by total assets in Willebroek, Administrative and support services sector
Turnover
€2.9m▼ 50.0%
2023 · €5.9m
EBIT margin
23.8%▲ 13.0pp
2023 · 10.8%
Net result
€702,926▲ 26.7%
2023 · €554,679
Working capital
€1.7m
2023 · -€195,119
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€11.7m▼ 11.7%€8.7m▼ 26.0%€7.1m▼ 18.3%€5.9m▼ 16.6%€2.9m▼ 50.0%
Operating result-€3.4m▼ 2,056%-€1.7m▲ 50.6%€1.4m€636,795▼ 53.8%€701,022▲ 10.1%
Net result-€2.8mbelow the sector's middle half▼ 1,024%-€1.7mbelow the sector's middle half▲ 38.8%€1.1mabove the sector's middle half€554,679above the sector's middle half▼ 48.7%€702,926above the sector's middle half▲ 26.7%
EBIT margin-28.6%▼ 27.5pp-19.1%▲ 9.5pp19.5%▲ 38.6pp10.8%▼ 8.7pp23.8%▲ 13.0pp
Equity-€239,788below the sector's middle half€781,806within the sector's middle half€1.9mwithin the sector's middle half▲ 138%€2.4mwithin the sector's middle half▲ 29.8%€3.1mwithin the sector's middle half▲ 29.1%
Total assets€26.9mabove the sector's middle half▼ 25.7%€17.0mabove the sector's middle half▼ 36.7%€9.4mwithin the sector's middle half▼ 44.5%€5.5mwithin the sector's middle half▼ 41.5%€4.0mwithin the sector's middle half▼ 27.8%
Debt€27.1m▼ 19.3%€16.2m▼ 40.1%€7.6m▼ 53.4%€3.1m▼ 59.0%€863,902▼ 72.1%
Working capital-€7.0mbelow the sector's middle half-€6.2mbelow the sector's middle half▲ 11.5%-€2.9mbelow the sector's middle half▲ 53.8%-€195,119below the sector's middle half▲ 93.2%€1.7mabove the sector's middle half
Solvency-0.9%below the sector's middle half▼ 8.0pp4.6%below the sector's middle half▲ 5.5pp19.8%within the sector's middle half▲ 15.2pp43.8%within the sector's middle half▲ 24.0pp78.3%above the sector's middle half▲ 34.5pp
Current ratio0.43below the sector's middle half▼ 0.650.34below the sector's middle half▼ 0.090.37below the sector's middle half▲ 0.030.91within the sector's middle half▲ 0.544.02above the sector's middle half▲ 3.11
Return on assets (ROA)-10.5%below the sector's middle half▼ 9.8pp-10.2%below the sector's middle half▲ 0.4pp11.5%above the sector's middle half▲ 21.6pp10.0%above the sector's middle half▼ 1.4pp17.6%above the sector's middle half▲ 7.6pp
Staff (FTE)4.3within the sector's middle half▲ 34.4%2.9below the sector's middle half▼ 32.6%2.9within the sector's middle half=1.8below the sector's middle half▼ 37.9%1.5below the sector's middle half▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 10% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.0m
Fixed assets
€1.8m ▼ 50.1%
Current assets
€2.2m ▲ 11.8%
Equity and liabilities €4.0m
Equity
€3.1m ▲ 29.1%
Debt
€863,902 ▼ 72.1%
Debt's share of the balance-sheet total falls from 56.2% to 21.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.7m▼
2023 · €4.0m
Cash flow
€2.7m▼
2023 · €3.9m
Quick ratio
4.01▲
2023 · 0.90
Debt to equity
0.28▼
2023 · 1.28
ROE
22.5%▼
2023 · 22.9%
Interest coverage
138.63▲
2023 · 57.25
Debt ≤ 1 year
€551,967▼
2023 · €2.2m
Debt > 1 year
€75,043▼
2023 · €467,807
Income taxes
€188▲
2023 · €133
Staff costs
€97,888▼
2023 · €117,245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 34,696 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €8.8m | €7.2m | €5.9m | €3.0m | ▼ 49.3% |
| Turnover70 | €11.7m | €8.7m | €7.1m | €5.9m | €2.9m | ▼ 50.0% |
| Other operating income74 | - | €96,999 | €132,736 | €25,916 | €54,363 | ▲ 110% |
| Non-recurring operating income76A | - | €65,602 | - | - | - | - |
| Operating charges60/66A | - | €10.5m | €5.8m | €5.3m | €2.3m | ▼ 56.5% |
| Goods for resale, raw materials and consumables60 | - | €2.0m | €1.4m | €1.8m | €594,283 | ▼ 67.6% |
| Purchases600/8 | - | €1.1m | €1.3m | €1.7m | €531,424 | ▼ 69.5% |
| Change in stocks: decrease (increase)609 | - | €906,462 | €102,480 | €89,640 | €62,858 | ▼ 29.9% |
| Services and other goods61 | - | €614,942 | €571,525 | €433,773 | €407,562 | ▼ 6.0% |
| Remuneration, social security and pensions62 | - | €113,609 | €159,834 | €117,245 | €97,888 | ▼ 16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7.5m | €6.9m | €5.0m | €3.3m | €2.0m | ▼ 41.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€609,536 | -€1.4m | -€463,971 | -€839,787 | ▼ 81.0% |
| Other operating charges640/8 | - | €1.4m | €51,538 | €34,687 | €75,595 | ▲ 118% |
| Operating profit (loss)9901 | -€3.4m | -€1.7m | €1.4m | €636,795 | €701,022 | ▲ 10.1% |
| Financial income75/76B | - | €249,380 | €530 | €5,390 | €28,948 | ▲ 437% |
| Recurring financial income75 | €1.0m | €249,380 | €530 | €5,390 | €28,948 | ▲ 437% |
| Income from financial fixed assets750 | - | - | €0 | - | - | - |
| Other financial income752/9 | - | €249,380 | €530 | €5,390 | €28,948 | ▲ 437% |
| Financial charges65/66B | - | €320,789 | €297,880 | €87,374 | €26,857 | ▼ 69.3% |
| Recurring financial charges65 | €494,198 | €320,789 | €297,880 | €87,374 | €26,857 | ▼ 69.3% |
| Debt charges650 | €434,602 | €267,001 | €202,224 | €69,355 | €19,235 | ▼ 72.3% |
| Other financial charges652/9 | - | €53,788 | €95,657 | €18,019 | €7,623 | ▼ 57.7% |
| Profit (loss) for the period before taxes9903 | -€2.8m | -€1.7m | €1.1m | €554,812 | €703,113 | ▲ 26.7% |
| Income taxes67/77 | €22 | €254 | €345 | €133 | €188 | ▲ 41.4% |
| Taxes670/3 | - | €254 | €345 | €154 | €188 | ▲ 21.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €21 | - | - |
| Profit (loss) for the period9904 | -€2.8m | -€1.7m | €1.1m | €554,679 | €702,926 | ▲ 26.7% |
| Profit (loss) for the period to be appropriated9905 | -€2.8m | -€1.7m | €1.1m | €554,679 | €702,926 | ▲ 26.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26.9m | €17.0m | €9.4m | €5.5m | €4.0m | ▼ 27.8% |
| Fixed assets21/28 | €21.6m | €13.8m | €7.7m | €3.5m | €1.8m | ▼ 50.1% |
| Tangible fixed assets22/27 | €21.6m | €13.7m | €7.7m | €3.5m | €1.8m | ▼ 50.1% |
| Furniture and vehicles24 | - | €2,215 | €1,225 | €245 | €1,551 | ▲ 533% |
| Leasing and similar rights25 | - | €13.4m | €7.4m | €3.4m | €1.5m | ▼ 55.9% |
| Other tangible fixed assets26 | - | €332,452 | €279,898 | €147,758 | €270,662 | ▲ 83.2% |
| Financial fixed assets28 | - | €69,000 | - | - | - | - |
| Other financial fixed assets284/8 | - | €69,000 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €69,000 | - | - | - | - |
| Current assets29/58 | €5.2m | €3.2m | €1.7m | €2.0m | €2.2m | ▲ 11.8% |
| Stocks and contracts in progress3 | €818,855 | €231,943 | €92,996 | €28,251 | €6,691 | ▼ 76.3% |
| Stocks30/36 | - | €231,943 | €92,996 | €28,251 | €6,691 | ▼ 76.3% |
| Goods purchased for resale34 | - | €231,943 | €92,996 | €28,251 | €6,691 | ▼ 76.3% |
| Amounts receivable within one year40/41 | €2.9m | €1.6m | €1.1m | €1.4m | €1.6m | ▲ 11.3% |
| Trade receivables40 | - | €1.1m | €849,115 | €1.3m | €506,807 | ▼ 59.5% |
| Other amounts receivable41 | - | €506,638 | €265,039 | €168,049 | €1.1m | ▲ 538% |
| Cash at bank and in hand54/58 | €1.4m | €1.3m | €499,121 | €525,418 | €630,737 | ▲ 20.0% |
| Deferred charges and accrued income490/1 | - | €35,051 | €2,331 | €13,783 | €4,004 | ▼ 70.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26.9m | €17.0m | €9.4m | €5.5m | €4.0m | ▼ 27.8% |
| Equity10/15 | -€239,788 | €781,806 | €1.9m | €2.4m | €3.1m | ▲ 29.1% |
| Contributions10/11 | €1.0m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Capital10 | - | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Issued capital100 | - | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Uncalled capital101 | - | €50,920 | €50,920 | €50,920 | €50,920 | = |
| Reserves13 | €91,944 | €91,944 | €91,944 | €91,944 | €91,944 | = |
| Non-distributable reserves130/1 | - | €91,944 | €91,944 | €91,944 | €91,944 | = |
| Legal reserve130 | - | €91,944 | €91,944 | €91,944 | €91,944 | = |
| Profit (loss) carried forward14 | -€1.3m | -€3.1m | -€2.0m | -€1.4m | -€721,753 | ▲ 49.3% |
| Amounts payable17/49 | €27.1m | €16.2m | €7.6m | €3.1m | €863,902 | ▼ 72.1% |
| Amounts payable after more than one year17 | €12.2m | €5.2m | €2.1m | €467,807 | €75,043 | ▼ 84.0% |
| Financial debts170/4 | - | €5.2m | €2.1m | €467,807 | €75,043 | ▼ 84.0% |
| Leasing and similar obligations172 | - | €5.2m | €2.1m | €467,807 | €75,043 | ▼ 84.0% |
| Amounts payable within one year42/48 | €12.2m | €9.4m | €4.6m | €2.2m | €551,967 | ▼ 74.7% |
| Current portion of amounts payable after more than one year42 | - | €7.8m | €4.3m | €1.5m | €414,379 | ▼ 71.5% |
| Financial debts43 | - | - | - | - | €4,061 | - |
| Credit institutions430/8 | - | - | - | - | €4,061 | - |
| Trade debts44 | €721,096 | €269,404 | €163,453 | €170,432 | €119,855 | ▼ 29.7% |
| Suppliers440/4 | - | €269,404 | €163,453 | €170,432 | €119,855 | ▼ 29.7% |
| Taxes, remuneration and social security45 | - | €18,528 | €30,965 | €13,888 | €13,671 | ▼ 1.6% |
| Taxes450/3 | - | €3,835 | €7,091 | €323 | €687 | ▲ 112% |
| Remuneration and social security454/9 | - | €14,693 | €23,873 | €13,565 | €12,984 | ▼ 4.3% |
| Other amounts payable47/48 | - | €1.3m | €20,751 | €541,069 | - | - |
| Accrued charges and deferred income492/3 | - | €1.7m | €931,297 | €451,880 | €236,893 | ▼ 47.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2.8m | -€1.7m | €1.1m | €554,679 | €702,926 | ▲ 26.7% |
| + Depreciation and write-downs630 | €7.5m | €6.9m | €5.0m | €3.3m | €2.0m | ▼ 41.0% |
| Operating cash flow (approximation) | €4.6m | €5.2m | €6.1m | €3.9m | €2.7m | ▼ 31.4% |
| Investment in fixed assets (approximation) | - | €890,075 | €1.1m | €852,802 | -€197,058 | ▼ 123% |
| Change in cash | - | -€77,681 | -€778,707 | €26,297 | €105,319 | ▲ 300% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 4.02
Current ratio from 0.91 to 4.02; short-term debt falls from €2.2m to €551,967.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2mEq €2.4m ▲29.8%
2 profitable years in a row build equity to €2.4m.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €1.1m
Net result €1.1m after 3 loss-making years.
31-12
Financial
Equity above €1mEq €1.9m ▲138%
Equity rises from €781,806 to €1.9m.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500,000Eq €781,806
Equity rises from -€239,788 to €781,806.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€2.8m
Net result drops to -€2.8m, the lowest in the series; recovery starts the following year.
Show earlier events
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Willebroek · 1 establishment unit since 2012
Ground area
9,221 m²
Building footprint
5,456 m²
Volume, LiDAR
54,813 m³
Parcel 12040A0524/00D006, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AED LEASE
since 20122.205.868.387
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0524/00D006 | Flanders | 9,221 m² | 1 · 5,455 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
AED Rent
5 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- AED Rent
- AED LEASE
Highest known parent: AED Rent. The sources do not say who stands above it.
Owners 1
- AED RentparentSourceaccounts AED Rent 202494.5%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2022 · 3 entries · 84,375 EUR awarded · 84,375 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 3 | 84,375 EUR | 84,375 EUR |
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Company details
Identification
Legal formPublic limited company
Founded28-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
77222Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
77110Renting and leasing of cars and light motor vehicles
77221Rental and leasing activities
77223Rental and leasing activities
77320Rental and leasing activities
77330Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842318009
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.