AEDENA
ActiveSummary
AEDENA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-147k) and a net result of €154k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-7
Solvency19▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 0.86 in 2024; short-term debt: 48.6% and cash: 16.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 14128 sector peers (2025).
NBB · sector comparisonPosition among 14128 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
11 d early
2023
1 d early
2022
25 d late
2021
10 d late
2020
59 d late
2019
84 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€4k▼ 38.6%
2023 · €6k
2022: €23khighest in 3 years
2023: €6k▼ -73.9% vs 2022
2024: €4k▼ -38.6% vs 2023lowest in 3 years
2022 → 2024
EBIT margin
5156.8%▲ 4372.1pp
2023 · 784.7%
2022: 2579.0%
2023: 784.7%▼ -69.6% vs 2022lowest in 3 years
2024: 5156.8%▲ +557% vs 2023highest in 3 years
2022 → 2024
Net result
€154k▲ 7.9%
2024 · €143k
2018: €-24k
2019: €-61k▼ -149% vs 2018lowest in 8 years
2020: €897▲ +101% vs 2019
2021: €-14k▼ -1696% vs 2020
2022: €545k▲ +3910% vs 2021highest in 8 years
2023: €669▼ -99.9% vs 2022
2024: €143k▲ +21278% vs 2023
2025: €154k▲ +7.9% vs 2024
2018 → 2025
Working capital
€-445k▼ 151%
2024 · €-177k
2018: €-994k
2019: €-1.07M▼ -7.5% vs 2018
2020: €-1.11M▼ -4.2% vs 2019lowest in 8 years
2021: €-1.11M▲ +0.4% vs 2020
2022: €-336k▲ +69.7% vs 2021
2023: €-338k▼ -0.7% vs 2022
2024: €-177k▲ +47.6% vs 2023highest in 8 years
2025: €-445k▼ -151% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€23k€6k▼ 73.9%€4k▼ 38.6%
2022: €23khighest in 3 years
2023: €6k▼ -73.9% vs 2022
2024: €4k▼ -38.6% vs 2023lowest in 3 years
Equity€-990k-€-445k▲ 55.1%€-444k▲ 0.2%€-301k▲ 32.2%€-147k▲ 51.3%
2021: €-990klowest in 5 years
2022: €-445k▲ +55.1% vs 2021
2023: €-444k▲ +0.2% vs 2022
2024: €-301k▲ +32.2% vs 2023
2025: €-147k▲ +51.3% vs 2024highest in 5 years
Operating result€36k-€593k▲ 1,566%€47k▼ 92.1%€190k▲ 303%€186k▼ 1.9%
2021: €36klowest in 5 years
2022: €593k▲ +1566% vs 2021highest in 5 years
2023: €47k▼ -92.1% vs 2022
2024: €190k▲ +303% vs 2023
2025: €186k▼ -1.9% vs 2024
Net result€-14k-€545k€669▼ 99.9%€143k▲ 21,278%€154k▲ 7.9%
2021: €-14klowest in 5 years
2022: €545k▲ +3910% vs 2021highest in 5 years
2023: €669▼ -99.9% vs 2022
2024: €143k▲ +21278% vs 2023
2025: €154k▲ +7.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets
€1.63M ▲ 24.2%
Current assets
€669k ▼ 36.6%
Key figures and ratios
EBITDA
€321k▲
2024 · €318k
Cash flow
€289k▲
2024 · €271k
Solvency
-6.4%▲
2024 · -12.7%
Current ratio
0.60▼
2024 · 0.86
Debt to equity
-16.66▼
2024 · -8.86
ROA
6.7%▲
2024 · 6.1%
Interest coverage
7.68▲
2024 · 6.67
Debt
€2.44M▼
2024 · €2.66M
Debt ≤ 1 year
€1.11M▼
2024 · €1.23M
Debt > 1 year
€1.33M▼
2024 · €1.43M
Income taxes
€163▼
2024 · €311
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.36M€2.30M▼
Formation expenses20€0€0=
Fixed assets21/28€1.31M€1.63M▲
Tangible fixed assets22/27€1.30M€1.62M▲
Land and buildings22€1.10M€1.35M▲
Other tangible fixed assets26€204k€267k▲
Financial fixed assets28€5k€5k=
Current assets29/58€1.05M€669k▼
Stocks and contracts in progress3€200k€0▼
Stocks30/36€200k€0▼
Amounts receivable within one year40/41€151k€291k▲
Trade receivables40€3k€35k▲
Other amounts receivable41€148k€256k▲
Current investments50/53€400k€0▼
Cash at bank and in hand54/58€16k€370k▲
Deferred charges and accrued income490/1€288k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.36M€2.30M▼
Equity10/15€-301k€-147k▲
Contributions10/11€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€-369k€-215k▲
Amounts payable17/49€2.66M€2.44M▼
Amounts payable after more than one year17€1.43M€1.33M▼
Financial debts170/4€1.43M€1.33M▼
Amounts payable within one year42/48€1.23M€1.11M▼
Current portion of amounts payable after more than one year42€102k€105k▲
Trade debts44€3k€11k▲
Suppliers440/4€3k€11k▲
Taxes, remuneration and social security45€913€0▼
Taxes450/3€913€0▼
Other amounts payable47/48€1.13M€999k▼
Income statement
Code20242025
Turnover70€4k-
Non-recurring operating income76A€282k€449k▲
Goods, raw materials, services and sundry goods60/61€332k€407k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128k€135k▲
Other operating charges640/8€15k€15k▲
Non-recurring operating charges66A-€556
Gross operating margin9900€333k€337k▲
Operating profit (loss)9901€190k€186k▼
Financial income75/76B€1k€10k▲
Recurring financial income75€1k€10k▲
Financial charges65/66B€48k€42k▼
Recurring financial charges65€48k€42k▼
Profit (loss) for the period before taxes9903€143k€154k▲
Income taxes67/77€311€163▼
Profit (loss) for the period9904€143k€154k▲
Profit (loss) for the period to be appropriated9905€143k€154k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-369k€-215k▲
Profit (loss) brought forward from the previous period14P€-512k€-369k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €23k | €6k | €4k | - | - |
| Non-recurring operating income76A | - | €8 | €345 | €282k | €449k | ▲ 59.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €40k | €61k | €332k | €407k | ▲ 22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €143k | €125k | €126k | €128k | €135k | ▲ 5.0% |
| Other operating charges640/8 | €13k | €17k | €13k | €15k | €15k | ▲ 6.1% |
| Non-recurring operating charges66A | €21k | €207k | €433 | - | €556 | - |
| Gross operating margin9900 | €213k | €943k | €187k | €333k | €337k | ▲ 1.2% |
| Operating profit (loss)9901 | €36k | €593k | €47k | €190k | €186k | ▼ 1.9% |
| Financial income75/76B | €16 | €1 | €459 | €1k | €10k | ▲ 775% |
| Recurring financial income75 | €16 | €1 | €459 | €1k | €10k | ▲ 775% |
| Financial charges65/66B | €50k | €48k | €47k | €48k | €42k | ▼ 12.5% |
| Recurring financial charges65 | €50k | €48k | €47k | €48k | €42k | ▼ 12.5% |
| Profit (loss) for the period before taxes9903 | €-14k | €545k | €807 | €143k | €154k | ▲ 7.8% |
| Income taxes67/77 | - | - | €138 | €311 | €163 | ▼ 47.5% |
| Profit (loss) for the period9904 | €-14k | €545k | €669 | €143k | €154k | ▲ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €545k | €669 | €143k | €154k | ▲ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.47M | €2.49M | €2.34M | €2.36M | €2.30M | ▼ 2.9% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €1.86M | €1.53M | €1.42M | €1.31M | €1.63M | ▲ 24.2% |
| Tangible fixed assets22/27 | €1.85M | €1.52M | €1.42M | €1.30M | €1.62M | ▲ 24.4% |
| Land and buildings22 | €1.55M | €1.26M | €1.18M | €1.10M | €1.35M | ▲ 23.1% |
| Other tangible fixed assets26 | €298k | €256k | €234k | €204k | €267k | ▲ 31.0% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €608k | €969k | €914k | €1.05M | €669k | ▼ 36.6% |
| Stocks and contracts in progress3 | €480k | €480k | €480k | €200k | €0 | ▼ 100% |
| Stocks30/36 | €480k | €480k | €480k | €200k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €101k | €303k | €349k | €151k | €291k | ▲ 92.5% |
| Trade receivables40 | €436 | €3k | €12k | €3k | €35k | ▲ 947% |
| Other amounts receivable41 | €100k | €300k | €337k | €148k | €256k | ▲ 73.1% |
| Current investments50/53 | - | - | - | €400k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €20k | €179k | €78k | €16k | €370k | ▲ 2,262% |
| Deferred charges and accrued income490/1 | €7k | €6k | €7k | €288k | €8k | ▼ 97.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.47M | €2.49M | €2.34M | €2.36M | €2.30M | ▼ 2.9% |
| Equity10/15 | €-990k | €-445k | €-444k | €-301k | €-147k | ▲ 51.3% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | - | - | - | - |
| Issued capital100 | €62k | €62k | - | - | - | - |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-1.06M | €-513k | €-512k | €-369k | €-215k | ▲ 41.8% |
| Amounts payable17/49 | €3.46M | €2.94M | €2.78M | €2.66M | €2.44M | ▼ 8.4% |
| Amounts payable after more than one year17 | €1.74M | €1.63M | €1.53M | €1.43M | €1.33M | ▼ 7.3% |
| Financial debts170/4 | €1.74M | €1.63M | €1.53M | €1.43M | €1.33M | ▼ 7.3% |
| Amounts payable within one year42/48 | €1.72M | €1.30M | €1.25M | €1.23M | €1.11M | ▼ 9.5% |
| Current portion of amounts payable after more than one year42 | €110k | €113k | €115k | €102k | €105k | ▲ 2.6% |
| Trade debts44 | €1k | €1k | €6k | €3k | €11k | ▲ 236% |
| Suppliers440/4 | €1k | €1k | €6k | €3k | €11k | ▲ 236% |
| Taxes, remuneration and social security45 | €589 | €499 | €1k | €913 | €0 | ▼ 100% |
| Taxes450/3 | €589 | €499 | €1k | €913 | €0 | ▼ 100% |
| Other amounts payable47/48 | €1.60M | €1.19M | €1.13M | €1.13M | €999k | ▼ 11.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €545k | €669 | €143k | €154k | ▲ 7.9% |
| + Depreciation and write-downs630 | €143k | €125k | €126k | €128k | €135k | ▲ 5.0% |
| Operating cash flow (approximation) | €129k | €670k | €127k | €271k | €289k | ▲ 6.5% |
| Investment in fixed assets (approximation) | - | €207k | €-22k | €-16k | €-452k | ▼ 2,740% |
| Change in cash | - | €159k | €-101k | €-63k | €354k | ▲ 665% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €545k
Net result €545k after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Back to profitnet €897
Net result €897 after 2 loss-making years.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1998
Ground area
127 m²
Building footprint
67 m²
Volume, LiDAR
803 m³
Parcel 21443A0095/00R006, Brussels · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Zwemkunststraat 22, 1050 Elsene
since 19982.086.367.852
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443A0095/00R006 | Brussels | 127 m² | 1 · 67 m² | 15.8 m · 4 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.
Similar companies · same sector and region
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Association familiale Speeckaert
BE 0410.852.705
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BELGIUM PURCHASE AND SALE
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,143 companies in sector 68201 we hold annual accounts for 6,764. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
Scores and ratios are computed by Checked and are not a credit decision.