Aedificandi
ActiveSummary
Aedificandi has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.6m and a net result of €522,791. Equity is growing by ~7.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 8.45 against 9.78 in 2024; short-term debt: 6.8% and cash: 0.7% of total assets), and 9.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.8%
Return on assets
7.2%
Age of the figures
9 mo
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
20 d early
2023
34 d early
2022
45 d early
2021
73 d early
2020
44 d early
2019
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 36 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 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?Public money Which other companies belong to the same group?EMANDENDI · 18 companies
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€994,065
EBIT margin
40.3%
Net result
€522,791▼ 17.5%
2024 · €633,840
Working capital
€3.7m▲ 13.2%
2024 · €3.3m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€994,065
Operating result€431,693▲ 195%€574,186▲ 33.0%€375,657▼ 34.6%€650,648▲ 73.2%€401,052▼ 38.4%
Net result€327,645▲ 208%€447,474▲ 36.6%€374,429▼ 16.3%€633,840▲ 69.3%€522,791▼ 17.5%
EBIT margin40.3%
Equity€4.6m▲ 7.6%€5.1m▲ 9.6%€5.5m▲ 7.3%€6.1m▲ 11.6%€6.6m▲ 8.6%
Total assets€5.5m▲ 4.0%€5.8m▲ 5.8%€6.0m▲ 3.8%€6.7m▲ 11.5%€7.3m▲ 8.0%
Debt€861,258▼ 11.7%€705,653▼ 18.1%€558,443▼ 20.9%€622,186▲ 11.4%€644,250▲ 3.5%
Working capital€1.5m▲ 25.2%€2.3m▲ 48.9%€2.6m▲ 13.5%€3.3m▲ 27.8%€3.7m▲ 13.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.3m
Fixed assets
€3.1m ▼ 0.5%
Current assets
€4.2m ▲ 15.3%
Equity and liabilities €7.3m
Equity
€6.6m ▲ 8.6%
Provisions
€25,627 ▼ 10.3%
Debt
€644,250 ▲ 3.5%
Debt's share of the balance-sheet total falls from 9.2% to 8.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€540,492▼
2024 · €798,104
Cash flow
€662,230▼
2024 · €781,297
Current ratio
8.45▼
2024 · 9.78
Debt to equity
0.10▼
2024 · 0.10
ROE
7.9%▼
2024 · 10.4%
ROA
7.2%▼
2024 · 9.4%
Interest coverage
179.20▼
2024 · 181.01
Debt ≤ 1 year
€496,734▲
2024 · €372,125
Debt > 1 year
€147,254▼
2024 · €250,061
Income taxes
€231,048▲
2024 · €187,285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,577 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €1.0m | - |
| Turnover70 | - | - | - | - | €994,065 | - |
| Other operating income74 | - | - | - | - | €15,759 | - |
| Non-recurring operating income76A | - | €111,708 | - | €274,417 | - | - |
| Operating charges60/66A | - | - | - | - | €608,773 | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €223,132 | - |
| Purchases600/8 | - | - | - | - | €223,132 | - |
| Services and other goods61 | - | - | - | - | €204,679 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €172,131 | €157,559 | €151,236 | €147,457 | €139,440 | ▼ 5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€108,829 | -€65,577 | -€34,938 | €4,934 | -€1,722 | ▼ 135% |
| Other operating charges640/8 | €49,394 | €83,143 | €38,827 | €42,627 | €43,244 | ▲ 1.4% |
| Gross operating margin9900 | €544,388 | €749,310 | €530,783 | €845,666 | - | - |
| Operating profit (loss)9901 | €431,693 | €574,186 | €375,657 | €650,648 | €401,052 | ▼ 38.4% |
| Financial income75/76B | €17,968 | €31,058 | €129,293 | €172,740 | €354,625 | ▲ 105% |
| Recurring financial income75 | €17,968 | €31,058 | €129,293 | €172,740 | €166,960 | ▼ 3.3% |
| Income from current assets751 | - | - | - | - | €163,296 | - |
| Other financial income752/9 | - | - | - | - | €3,664 | - |
| Non-recurring financial income76B | - | - | - | - | €187,664 | - |
| Financial charges65/66B | €8,237 | €8,813 | €6,317 | €4,409 | €4,793 | ▲ 8.7% |
| Recurring financial charges65 | €8,237 | €8,813 | €6,317 | €4,409 | €4,793 | ▲ 8.7% |
| Debt charges650 | - | - | - | - | €3,016 | - |
| Other financial charges652/9 | - | - | - | - | €1,777 | - |
| Profit (loss) for the period before taxes9903 | €441,424 | €596,431 | €498,633 | €818,979 | €750,883 | ▼ 8.3% |
| Transfer from deferred taxes780 | €606 | €762 | €1,281 | €2,146 | €2,955 | ▲ 37.7% |
| Transfer to deferred taxes680 | - | €27,927 | - | - | - | - |
| Income taxes67/77 | €114,385 | €121,792 | €125,486 | €187,285 | €231,048 | ▲ 23.4% |
| Taxes670/3 | - | - | - | - | €231,048 | - |
| Profit (loss) for the period9904 | €327,645 | €447,474 | €374,429 | €633,840 | €522,791 | ▼ 17.5% |
| Transfer from tax-exempt reserves789 | - | €468 | €2,027 | €4,622 | €7,048 | ▲ 52.5% |
| Transfer to tax-exempt reserves689 | - | €83,781 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €327,645 | €364,161 | €376,457 | €638,462 | €529,839 | ▼ 17.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.5m | €5.8m | €6.0m | €6.7m | €7.3m | ▲ 8.0% |
| Fixed assets21/28 | €3.7m | €3.3m | €3.3m | €3.1m | €3.1m | ▼ 0.5% |
| Tangible fixed assets22/27 | €2.4m | €2.0m | €2.0m | €1.8m | €1.8m | ▼ 0.8% |
| Land and buildings22 | €2.4m | €2.0m | €2.0m | €1.8m | €1.8m | ▼ 0.8% |
| Plant, machinery and equipment23 | €8,740 | €5,121 | €1,502 | €110 | - | - |
| Financial fixed assets28 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.1% |
| Affiliated companies280/1 | - | - | - | - | €1.2m | - |
| Participating interests280 | - | - | - | - | €1.2m | - |
| Other financial fixed assets284/8 | - | - | - | - | €97,660 | - |
| Shares284 | - | - | - | - | €97,660 | - |
| Current assets29/58 | €1.8m | €2.5m | €2.8m | €3.6m | €4.2m | ▲ 15.3% |
| Amounts receivable within one year40/41 | €1.7m | €2.3m | €2.7m | €3.6m | €4.1m | ▲ 15.3% |
| Trade receivables40 | €28,331 | €92,980 | €97,215 | €110,404 | €110,821 | ▲ 0.4% |
| Other amounts receivable41 | €1.7m | €2.2m | €2.6m | €3.5m | €4.0m | ▲ 15.7% |
| Cash at bank and in hand54/58 | €58,822 | €207,460 | €23,750 | €49,669 | €54,111 | ▲ 8.9% |
| Deferred charges and accrued income490/1 | €1,865 | €2,513 | €3,790 | €1,889 | €5,829 | ▲ 209% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.5m | €5.8m | €6.0m | €6.7m | €7.3m | ▲ 8.0% |
| Equity10/15 | €4.6m | €5.1m | €5.5m | €6.1m | €6.6m | ▲ 8.6% |
| Contributions10/11 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Capital10 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Issued capital100 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Reserves13 | €2.3m | €2.7m | €3.1m | €3.7m | €4.3m | ▲ 14.0% |
| Non-distributable reserves130/1 | €154,589 | €172,797 | €191,619 | €223,543 | €250,035 | ▲ 11.9% |
| Legal reserve130 | €119,417 | €137,625 | €156,448 | €188,371 | €214,863 | ▲ 14.1% |
| Reserves not available under the articles1311 | €35,172 | €35,172 | €35,172 | €35,172 | €35,172 | = |
| Tax-exempt reserves132 | - | €83,313 | €81,285 | €76,663 | €69,615 | ▼ 9.2% |
| Distributable reserves133 | €2.1m | €2.5m | €2.8m | €3.4m | €3.9m | ▲ 14.6% |
| Investment grants15 | €14,534 | €12,717 | €10,900 | €9,084 | €7,267 | ▼ 20.0% |
| Provisions and deferred taxes16 | €4,845 | €32,010 | €30,729 | €28,582 | €25,627 | ▼ 10.3% |
| Deferred taxes168 | €4,845 | €32,010 | €30,729 | €28,582 | €25,627 | ▼ 10.3% |
| Amounts payable17/49 | €861,258 | €705,653 | €558,443 | €622,186 | €644,250 | ▲ 3.5% |
| Amounts payable after more than one year17 | €607,066 | €452,894 | €351,939 | €250,061 | €147,254 | ▼ 41.1% |
| Financial debts170/4 | €607,066 | €452,894 | €351,939 | €250,061 | €147,254 | ▼ 41.1% |
| Credit institutions173 | - | - | - | - | €147,254 | - |
| Amounts payable within one year42/48 | €254,168 | €252,734 | €206,479 | €372,125 | €496,734 | ▲ 33.5% |
| Current portion of amounts payable after more than one year42 | €117,308 | €91,740 | €92,577 | €101,877 | €102,808 | ▲ 0.9% |
| Trade debts44 | €56,641 | €80,583 | €35,697 | €52,989 | €141,785 | ▲ 168% |
| Suppliers440/4 | €56,641 | €80,583 | €35,697 | €52,989 | €141,785 | ▲ 168% |
| Taxes, remuneration and social security45 | €24,385 | €26,177 | €25,486 | €164,989 | €216,120 | ▲ 31.0% |
| Taxes450/3 | €24,385 | €26,177 | €25,486 | €164,989 | €216,120 | ▲ 31.0% |
| Other amounts payable47/48 | €55,834 | €54,234 | €52,719 | €52,269 | €36,022 | ▼ 31.1% |
| Accrued charges and deferred income492/3 | €25 | €25 | €25 | - | €262 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €327,645 | €447,474 | €374,429 | €633,840 | €522,791 | ▼ 17.5% |
| + Depreciation and write-downs630 | €172,131 | €157,559 | €151,236 | €147,457 | €139,440 | ▼ 5.4% |
| Operating cash flow (approximation) | €499,775 | €605,033 | €525,665 | €781,297 | €662,230 | ▼ 15.2% |
| Investment in fixed assets (approximation) | - | €264,099 | -€118,107 | €34,624 | -€123,295 | ▼ 456% |
| Change in cash | - | €148,639 | -€183,711 | €25,919 | €4,442 | ▼ 82.9% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €633,840 ▲69.3%
Operating result €650,648, net result €633,840, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €5mEq €5.1m ▲9.6%
5 profitable years in a row build equity to €5.1m.
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €106,341 ▼63.4%
Net result drops to €106,341, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Schilde · 1 establishment unit since 1979
Ground area
6,667 m²
Building footprint
476 m²
Volume, LiDAR
8,514 m³
Parcel 11041B0176/00_000, Flanders · tallest building 33.2 m, ±6 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Sint Jobsteenweg 64, 2970 Schilde
since 19792.016.919.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0176/00_000 | Flanders | 6,667 m² | 1 · 475 m² | 33.2 m · 6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Part of the group
EMANDENDI
18 companies
Group, risk and exposure
Owners and holdings
1 owner · 2 holdingsChain of control
- EMANDENDI
- EMANDENDI INVESTMENT
- Aedificandi
Highest known parent: EMANDENDI. The sources do not say who stands above it.
Owners 1
-
99.86%
Holdings 2
-
100%
-
3.41%
According to the 2025 annual accounts of Aedificandi and those 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -37,120 EUR | 0 EUR |
| 2022 | 1 | 37,120 EUR | 0 EUR |
Schemes
Identification & contact
Identification
Legal formPublic limited company
Founded17-10-1979
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0419899241
Registered
18-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.