AEDIFIC (0465.717.883): financials and annual accounts

AEDIFIC

Ixelles ·KBO/BCE: BE 0465.717.883

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	3.7m	5.3m	4.8m	5.0m	2.2m	2.3m	2.6m	2.6m	2.4m	1.3m	1.4m	1.4m	1.4m	948,351	903,034	855,953	818,068	394,630	423,706	392,204
Formation expenses`20`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Fixed assets`21/28`	2.4m	2.1m	1.9m	2.0m	2.1m	2.1m	2.2m	2.3m	2.2m	700,205	738,628	783,035	832,889	878,353	827,255	836,993	793,432	380,081	352,693	373,548
Intangible fixed assets`21`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	2.4m	2.1m	1.9m	2.0m	2.1m	2.1m	2.2m	2.3m	2.2m	698,020	736,443	780,850	831,454	877,318	826,220	835,958	792,717	379,366	351,978	372,833
Land and buildings`22`	2.4m	2.1m	1.8m	1.9m	2.0m	2.1m	2.2m	2.2m	2.2m	691,020	729,443	773,445	822,771	866,410	813,188	818,790	768,946	351,707	325,824	342,742
Plant, machinery and equipment`23`	946	1,261	1,577	5,292	9,008	12,723	16,438	0	0	-	0	405	1,251	2,691	5,324	9,106	12,889	15,728	19,086	22,809
Furniture and vehicles`24`	21,641	34,473	66,581	84,207	106,207	14,023	7,000	8,200	8,600	7,000	7,000	7,000	7,432	8,217	7,708	8,062	10,882	11,931	7,068	7,282
Other tangible fixed assets`26`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Assets under construction and advance payments`27`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	0	1,090	1,090	1,090	1,090	1,090	1,090	1,090	1,090	2,185	2,185	2,185	1,435	1,035	1,035	1,035	715	715	715	715
Current assets`29/58`	1.3m	3.2m	3.0m	3.0m	79,432	124,704	392,342	311,597	227,438	561,002	627,014	663,256	570,485	69,998	75,779	18,960	24,636	14,549	71,013	18,656
Amounts receivable after more than one year`29`	-	-	0	2.9m	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Trade receivables`290`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	-	-	0	2.9m	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Stocks`30/36`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Contracts in progress`37`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	1.2m	3.0m	2.9m	70,527	74,766	114,010	390,716	310,030	227,438	560,972	627,014	663,220	570,402	68,673	75,663	10,014	22,452	14,515	66,921	5,125
Trade receivables`40`	180,000	84,000	41,000	69,688	55,000	60,000	367,580	275,000	95,935	14,475	10,240	267,341	174,523	68,673	60,843	10,000	-	-	3,104	-
Other amounts receivable`41`	1.0m	2.9m	2.9m	839	19,766	54,010	23,136	35,030	131,503	546,497	616,774	395,880	395,880	-	14,821	14	22,452	14,515	63,818	5,125
Current investments`50/53`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	50,044	102,021	10,069	0	4,666	10,023	-	0	0	29	0	36	82	1,325	115	5,967	150	34	3,325	12,765
Deferred charges and accrued income`490/1`	23,450	66,407	38,334	38,052	0	671	1,626	1,567	0	-	0	-	-	-	-	2,980	2,035	-	767	767
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	3.7m	5.3m	4.8m	5.0m	2.2m	2.3m	2.6m	2.6m	2.4m	1.3m	1.4m	1.4m	1.4m	948,351	903,034	855,953	818,068	394,630	423,706	392,204
Equity`10/15`	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	707,372	704,709	123,930	120,484	120,121	117,250	113,126
Contributions`10/11`	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	62,000	62,000	62,000	62,000	62,000
Capital`10`	642,000	642,000	642,000	642,000	642,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	642,000	62,000	62,000	62,000	62,000	62,000
Uncalled capital`101`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Contributions outside capital`11`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Share premium`1100/10`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Revaluation surpluses`12`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Reserves`13`	121,203	78,144	71,401	68,861	58,059	57,903	53,152	53,111	50,173	42,353	42,125	49,552	54,528	65,372	62,709	61,930	58,484	58,121	55,250	51,126
Non-distributable reserves`130/1`	16,000	11,000	10,000	9,000	7,171	7,163	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	16,000	11,000	10,000	9,000	7,171	7,163	6,926	6,924	6,777	6,386	6,374	6,374	6,374	6,374	6,239	6,200	6,200	6,200	6,200	6,200
Own shares acquired`1312`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	105,203	67,144	61,401	59,861	50,887	50,740	46,226	46,187	43,396	35,967	35,751	43,179	48,155	58,998	56,470	55,730	52,284	51,921	49,050	44,926
Profit (loss) carried forward`14`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Investment grants`15`	307,304	334,969	362,634	390,299	417,965	445,630	473,295	491,529	477,853	503,004	503,004	503,004	503,004	-	-	-	-	-	-	-
Advance to shareholders on the distribution of net assets`19`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	14,000	24,049	25,000
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	14,000	24,049	25,000
Pensions and similar obligations`160`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Taxes`161`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Major repairs and maintenance`162`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Environmental obligations`163`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	2.6m	4.2m	3.8m	3.9m	1.1m	1.1m	1.4m	1.4m	1.3m	73,850	178,513	251,735	203,841	240,978	198,325	732,024	697,584	260,509	282,407	254,078
Amounts payable after more than one year`17`	564,862	805,149	728,280	700,000	700,000	700,000	700,000	700,000	700,000	5,406	26,516	46,824	66,360	85,365	103,147	668,123	587,061	151,805	166,636	180,808
Financial debts`170/4`	229,862	246,869	-	-	-	-	-	700,000	-	5,406	26,516	46,824	66,360	85,365	103,147	120,133	136,358	151,805	166,636	180,808
Trade debts`175`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Advances received on contracts in progress`176`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	335,000	558,280	728,280	700,000	700,000	700,000	700,000	0	700,000	-	0	-	-	-	-	547,990	450,703	-	-	-
Amounts payable within one year`42/48`	2.0m	3.4m	3.0m	3.2m	355,715	407,802	713,064	680,367	565,026	68,443	151,997	204,912	137,482	155,614	80,178	63,901	110,523	108,704	113,236	54,280
Current portion of amounts payable after more than one year`42`	17,007	16,337	-	-	-	-	-	0	7,197	21,110	20,308	19,536	20,326	17,782	16,986	16,225	15,498	96,831	96,172	13,543
Financial debts`43`	1.5m	2.7m	2.9m	2.7m	0	50,000	51,651	9	13	-	7	3,418	-	-	3,225	-	3,422	3,615	-	-
Credit institutions`430/8`	1.5m	2.7m	2.9m	2.7m	0	50,000	51,651	9	13	-	7	3,418	-	-	3,225	-	3,422	3,615	-	-
Other loans`439`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Trade debts`44`	37,874	141,080	46,877	67,528	16,882	70,098	40,993	40,881	93,251	28,861	112,020	117,477	56,972	99,274	39,083	37,928	64,221	3,126	14,417	19,814
Suppliers`440/4`	37,874	141,080	46,877	67,528	16,882	70,098	40,993	40,881	93,251	28,861	112,020	117,477	56,972	99,274	39,083	37,928	64,221	3,126	14,417	19,814
Bills of exchange payable`441`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	0	15,507	-	0	-	-	-	-	-	-	-	-	15,778
Taxes, remuneration and social security`45`	3,013	1,690	5,311	3,912	2,046	2,592	2,233	1,751	229	4,672	1,415	9,625	12,354	11,891	13,883	9,749	1,258	5,132	2,647	5,144
Taxes`450/3`	3,013	1,690	5,311	3,912	2,046	2,592	2,233	1,751	229	4,672	1,415	9,625	12,354	11,891	13,883	9,749	1,258	5,132	2,647	5,144
Remuneration and social security`454/9`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	455,456	600,599	57,832	411,825	336,786	285,112	618,188	637,725	448,828	13,800	18,248	54,855	47,829	26,666	7,000	-	26,124	-	-	-
Accrued charges and deferred income`492/3`	2,296	3,712	29,791	14,270	-	-	-	0	3,027	-	0	-	-	-	15,000	-	-	-	2,535	18,990
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	137,949
Non-recurring operating income`76A`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	54,339	3,000	-	33,647
Gross operating margin`9900`	176,008	234,798	203,876	120,218	128,954	135,742	140,202	125,134	138,632	59,990	41,797	58,926	53,840	72,060	75,663	52,098	-740	43,703	47,890	79,634
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	58,315
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	131,596	154,109	128,827	131,626	136,909	128,935	135,194	130,232	140,058	44,622	44,407	48,821	49,947	51,585	47,816	33,623	26,923	25,608	21,431	21,402
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	25,000
Other operating charges`640/8`	12,668	11,626	10,252	8,870	11,531	15,474	22,206	11,121	12,361	10,073	3,528	8,171	8,041	13,319	13,660	1,382	2,811	3,733	439	3,033
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Non-recurring operating charges`66A`	0	7,700	-	-	-	-	-	0	0	-	0	-	-	-	-	620	3,973	-	-	12,047
Operating profit (loss)`9901`	31,744	61,362	64,797	-20,279	-19,486	-8,667	-17,198	-16,219	-13,787	5,295	-6,138	1,934	-4,147	7,157	14,187	17,094	-30,474	14,363	26,020	30,199
Financial income`75/76B`	122,672	135,829	107,415	67,905	27,665	27,665	27,665	27,194	25,150	-	0	-	1	31	4	4	2	4,018	3,831	61
Recurring financial income`75`	122,672	135,829	107,415	67,905	27,665	27,665	27,665	27,194	25,150	-	0	-	1	31	4	4	2	4,018	3,831	61
Non-recurring financial income`76B`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	108,345	190,157	168,275	32,912	7,997	12,228	9,853	6,515	3,314	5,067	1,289	5,992	4,486	6,579	7,648	7,983	13,563	14,309	13,422	14,709
Recurring financial charges`65`	108,345	190,157	168,275	32,912	7,997	12,228	9,853	6,515	3,314	5,067	1,289	5,992	4,486	6,579	7,648	7,983	13,563	14,309	13,422	14,709
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	46,071	7,034	3,938	14,715	183	6,770	614	4,459	8,049	228	-7,427	-4,058	-8,633	609	6,543	8,494	6,330	7,071	16,430	37,151
Income taxes`67/77`	3,013	291	1,399	3,912	27	2,019	573	1,521	229	-	0	918	2,211	-2,055	5,764	5,049	5,967	4,200	12,306	2,043
Profit (loss) for the period`9904`	43,059	6,743	2,540	10,803	156	4,752	41	2,938	7,819	228	-7,427	-4,976	-10,844	2,663	779	3,445	363	2,871	4,124	35,108
Transfer from tax-exempt reserves`789`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	43,059	6,743	2,540	10,803	156	4,752	41	2,938	7,819	228	-7,427	-4,976	-10,844	2,663	779	3,445	363	2,871	4,124	35,108
Appropriation of the result
Profit (loss) to be appropriated`9906`	43,059	6,743	2,540	10,803	156	4,752	41	2,938	7,819	228	-7,427	-4,976	-10,844	2,663	779	3,445	363	2,871	4,124	35,108
Transfer from equity`791/2`	-	-	-	-	-	-	-	0	0	-	7,427	4,976	10,844	-	-	-	-	-	-	-
Transfer to equity`691/2`	43,059	6,743	2,540	10,803	156	4,752	41	2,938	7,819	228	-	-	-	2,663	779	3,445	363	2,871	4,124	35,108
Addition to contributions`691`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	5,000	1,000	1,000	1,829	8	238	2	147	391	12	0	-	-	135	39	-	-	-	-	-
To other reserves`6921`	38,059	5,743	1,540	8,974	148	4,514	39	2,791	7,428	216	0	-	-	2,528	740	3,445	363	2,871	4,124	35,108
Profit to be distributed`694/7`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-
Employees`696`	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	23-06-2026	2026-00188920	PDF
31-12-2024	abbreviated format	02-07-2025	2025-00218212	PDF
31-12-2023	abbreviated format	25-06-2024	2024-00163797	PDF
31-12-2022	abbreviated format	17-07-2023	2023-00240805	PDF
31-12-2021	abbreviated format	11-07-2022	2022-20168058	PDF
31-12-2020	abbreviated format	08-07-2021	2021-33200570	PDF
31-12-2019	abbreviated format	20-07-2020	2020-32000423	PDF
31-12-2018	micro format	26-07-2019	2019-39300424	PDF
31-12-2017	abbreviated format	19-07-2018	2018-35500250	PDF
31-12-2016	abbreviated format	03-08-2017	2017-40300196	PDF
31-12-2015	abbreviated format	31-08-2016	2016-51400282	PDF
31-12-2014	abbreviated format	31-08-2015	2015-50700329	PDF
31-12-2013	abbreviated format	18-08-2014	2014-42300315	PDF
31-12-2012	abbreviated format	28-08-2013	2013-47300471	PDF
31-12-2011	abbreviated format	28-08-2012	2012-45600088	PDF
31-12-2010	abbreviated format	22-08-2011	2011-41400234	PDF
31-12-2009	abbreviated format	13-08-2010	2010-40400548	PDF
31-12-2008	abbreviated format	20-08-2009	2009-59200131	PDF
31-12-2007	abbreviated format	25-07-2008	2008-45700081	PDF
31-12-2006	abbreviated format	27-08-2007	2007-66500118	PDF
31-12-2005	abbreviated format	29-08-2006	2006-73304966	PDF
31-12-2004	abbreviated format	13-07-2005	2005-48002890	PDF
31-12-2003	abbreviated format	07-07-2004	2004-42003509	PDF
31-12-2002	abbreviated format	24-07-2003	2003-49704944	PDF
31-12-2001	abbreviated format	02-10-2002	2002-60000295	PDF
31-12-2000	abbreviated format	31-07-2001	2001-44600108	PDF

Year	Entries	Awarded	Paid
2025	1	€23,649	€0
2024	1	€100,000	€0
2023	1	€76,351	€0

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	163,340	215,471	193,624	111,348	117,423	120,268	117,996	114,013	126,270	49,918	38,269	50,755	45,799	58,742	62,003	50,716	-3,551	39,970	47,452	51,601
Cash flow	174,655	160,853	131,367	142,429	137,064	133,687	135,235	133,170	147,877	44,851	36,980	43,845	39,103	54,248	48,595	37,068	27,286	28,479	25,555	56,510
Investment in fixed assets (approximation)	385,025	457,932	5,260	14,700	108,000	68,397	70,154	175,000	1.7m	6,200	0	20,407	4,483	102,683	38,078	79,292	430,529	52,996	576	25,736
Change in cash	-51,977	91,953	10,069	-4,666	-5,357	-	-	0	-29	29	-36	-46	-1,243	1,210	-5,851	5,817	115	-3,291	-9,440	-
Working capital	-752,309	-273,661	-19,706	-161,948	-276,282	-283,097	-320,722	-368,769	-337,588	492,558	475,017	458,345	433,003	-85,616	-4,399	-44,941	-85,886	-94,155	-42,223	-35,623
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21.9%
Solvency	29.3%	19.9%	22.2%	22.1%	51.4%	50.8%	45.3%	46.2%	48.0%	94.1%	86.9%	82.6%	85.5%	74.6%	78.0%	14.5%	14.7%	30.4%	27.7%	28.8%
Current ratio	0.63	0.92	0.99	0.95	0.22	0.31	0.55	0.46	0.40	8.20	4.13	3.24	4.15	0.45	0.95	0.30	0.22	0.13	0.63	0.34
Debt to equity	2.41	4.02	3.50	3.53	0.94	0.97	1.21	1.16	1.08	0.06	0.15	0.21	0.17	0.34	0.28	5.91	5.79	2.17	2.41	2.25
ROE	4.0%	0.6%	0.2%	1.0%	0.0%	0.4%	0.0%	0.2%	0.7%	0.0%	-0.6%	-0.4%	-0.9%	0.4%	0.1%	2.8%	0.3%	2.4%	3.5%	31.0%
ROA	1.2%	0.1%	0.1%	0.2%	0.0%	0.2%	0.0%	0.1%	0.3%	0.0%	-0.5%	-0.3%	-0.8%	0.3%	0.1%	0.4%	0.0%	0.7%	1.0%	9.0%
Interest coverage	1.51	1.13	1.15	3.38	14.68	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124 days

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€246,869	€263,206	-	-	-
Mortgages, amount registered	€52,500	€52,500	-	-	-
Mortgage mandates	€2.1m	€2.1m	-	-	-
Carrying value of the mortgaged assets	€327,344	€337,401	-	-	-

AEDIFIC

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency29.3%

Current ratio0.63

Return on assets1.2%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €200,000 awarded

Key figures and ratios

Securities and guarantees

Investments

Insights on AEDIFIC

Next steps

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€385,025	€457,932	€5,260	€14,700	€108,000
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€131,596	€154,109	€128,827	€131,626	€136,909