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AEDIFICATIO

Active
Private limited company (pre-2019)founded 201016 yrs activeEvergemsesteenweg 195, 9032 Gent, BelgiumKBO/BCE: BE 0825.165.538
Summary

The computed 12-month bankruptcy probability of AEDIFICATIO is 1.6% (moderate). The annual accounts of AEDIFICATIO for fiscal year 2024 show a net loss of 66% of the equity at the start of that year. The 2024 annual accounts show equity of €2,344 and a net result of -€4,491. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability16=
Solvency29▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.07 against 0.16 in 2023; short-term debt: 95.5% and cash: 6.3% of total assets), and 95.5% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
4.5%
Return on assets
-8.6%
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€4,491
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
16 d early
2022
53 d late
2021
79 d late
2020
55 d late
2019
13 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 35 days after 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

AEDIFICATIO was incorporated on 20 April 2010.1 Total assets went from EUR 55,899 in 2018 to EUR 52,484 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€2,344▼ 65.7%
2023 · €6,835
Total assets
€52,484▼ 8.0%
2023 · €57,047
Net result
-€4,491▲ 7.0%
2023 · -€4,828
Working capital
-€46,823▼ 11.7%
2023 · -€41,934
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
Line20202021202220232024
Operating result-€2,230▼ 26.6%€15,047-€3,086-€3,883▼ 25.8%-€4,446▼ 14.5%
Net result-€2,276▼ 25.3%€15,002-€3,131-€4,828▼ 54.2%-€4,491▲ 7.0%
Equity-€209€14,794€11,663▼ 21.2%€6,835▼ 41.4%€2,344▼ 65.7%
Total assets€52,923▼ 4.4%€75,135▲ 42.0%€61,104▼ 18.7%€57,047▼ 6.6%€52,484▼ 8.0%
Debt€53,132▼ 0.3%€60,341▲ 13.6%€49,440▼ 18.1%€50,212▲ 1.6%€50,140▼ 0.1%
Working capital-€49,209▼ 2.7%-€34,373▲ 30.1%-€37,504▼ 9.1%-€41,934▼ 11.8%-€46,823▼ 11.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2020: -€2,230-€2,230Net result 2020: -€2,276-€2,276Operating result 2021: €15,047€15,047Net result 2021: €15,002€15,002Operating result 2022: -€3,086-€3,086Net result 2022: -€3,131-€3,131Operating result 2023: -€3,883-€3,883Net result 2023: -€4,828-€4,828Operating result 2024: -€4,446-€4,446Net result 2024: -€4,491-€4,49120202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€3,086-€3,090Net result 2022: -€3,131-€3,130Operating result 2023: -€3,883-€3,880Net result 2023: -€4,828-€4,830Operating result 2024: -€4,446-€4,450Net result 2024: -€4,491-€4,490202220232024
The operating result stays negative: a loss of €4,446 in 2024 against €3,883 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52,484
Fixed assets €49,167 =
Current assets €3,317 ▼ 57.9%
Equity and liabilities €52,484
Equity €2,344 ▼ 65.7%
Debt €50,140 ▼ 0.1%
Debt's share of the balance-sheet total rises from 88.0% to 95.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.07▼
2023 · 0.16
Debt to equity
21.39▲
2023 · 7.35
ROE
-191.6%▼
2023 · -70.6%
ROA
-8.6%▼
2023 · -8.5%
Debt ≤ 1 year
€50,140▲
2023 · €49,813
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,037 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a small loss
2.9% went bankrupt
2.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,037 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€57,047€52,484▼
Fixed assets21/28€49,167€49,167=
Tangible fixed assets22/27€49,167€49,167=
Land and buildings22€49,167€49,167=
Current assets29/58€7,879€3,317▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€7,879€3,317▼
Equity and liabilities
Total equity and liabilities10/49€57,047€52,484▼
Equity10/15€6,835€2,344▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€23,165-€27,656▼
Amounts payable17/49€50,212€50,140▼
Amounts payable within one year42/48€49,813€50,140▲
Current portion of amounts payable after more than one year42€48,500€48,500=
Trade debts44€1,313€1,640▲
Suppliers440/4€1,313€1,640▲
Accrued charges and deferred income492/3€398€0▼
Income statement Code20232024
Other operating charges640/8€713€592▼
Gross operating margin9900-€3,170-€3,854▼
Operating profit (loss)9901-€3,883-€4,446▼
Financial charges65/66B€945€45▼
Recurring financial charges65€945€45▼
Profit (loss) for the period before taxes9903-€4,828-€4,491▲
Profit (loss) for the period9904-€4,828-€4,491▲
Profit (loss) for the period to be appropriated9905-€4,828-€4,491▲
Appropriation of the result
Profit (loss) to be appropriated9906-€23,165-€27,656▼
Profit (loss) brought forward from the previous period14P-€18,337-€23,165▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€18,718€0---
Other operating charges640/8-€643€545€713€592▼ 17.1%
Gross operating margin9900-€1,663€15,690-€2,541-€3,170-€3,854▼ 21.6%
Operating profit (loss)9901-€2,230€15,047-€3,086-€3,883-€4,446▼ 14.5%
Financial charges65/66B-€45€45€945€45▼ 95.2%
Recurring financial charges65€45€45€45€945€45▼ 95.2%
Profit (loss) for the period before taxes9903-€2,276€15,002-€3,131-€4,828-€4,491▲ 7.0%
Profit (loss) for the period9904-€2,276€15,002-€3,131-€4,828-€4,491▲ 7.0%
Profit (loss) for the period to be appropriated9905-€2,276€15,002-€3,131-€4,828-€4,491▲ 7.0%
Line20202021202220232024Change
Assets
Total assets20/58€52,923€75,135€61,104€57,047€52,484▼ 8.0%
Fixed assets21/28€50,000€49,167€49,167€49,167€49,167=
Tangible fixed assets22/27€50,000€49,167€49,167€49,167€49,167=
Land and buildings22-€49,167€49,167€49,167€49,167=
Current assets29/58€2,923€25,968€11,936€7,879€3,317▼ 57.9%
Amounts receivable within one year40/41€900€900€900€0--
Trade receivables40-€900€900€0--
Cash at bank and in hand54/58€2,023€25,068€11,036€7,879€3,317▼ 57.9%
Equity and liabilities
Total equity and liabilities10/49€52,923€75,135€61,104€57,047€52,484▼ 8.0%
Equity10/15-€209€14,794€11,663€6,835€2,344▼ 65.7%
Contributions10/11-€30,000€30,000€30,000€30,000=
Profit (loss) carried forward14-€30,209-€15,206-€18,337-€23,165-€27,656▼ 19.4%
Amounts payable17/49€53,132€60,341€49,440€50,212€50,140▼ 0.1%
Amounts payable within one year42/48€52,132€60,341€49,440€49,813€50,140▲ 0.7%
Current portion of amounts payable after more than one year42-€59,250€48,500€48,500€48,500=
Trade debts44€382€1,091€940€1,313€1,640▲ 24.8%
Suppliers440/4-€1,091€940€1,313€1,640▲ 24.8%
Accrued charges and deferred income492/3-€0-€398€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,276€15,002-€3,131-€4,828-€4,491▲ 7.0%
Operating cash flow (approximation)-€2,276€15,002-€3,131-€4,828-€4,491▲ 7.0%
Investment in fixed assets (approximation)-€833€0€0€0-
Change in cash-€23,044-€14,031-€3,157-€4,563▼ 44.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€4,828
Net result drops to -€4,828, the lowest in the series; recovery starts the following year.
22-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
18-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial Back to profitnet €15,002
Net result €15,002 after 3 loss-making years.
24-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
13-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
07-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 38 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
11-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gent · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
3,043 m²
Building footprint
752 m²
Volume, LiDAR
7,815 m³
Parcel 44074C0541/00S000, Flanders · tallest building 18.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Aedificatio
Evergemsesteenweg 195, 9032 GentFinancial service activities, except insurance and pension funding
since 20102.188.204.291
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44074C0541/00S000 Flanders 3,043 m² 1 · 752 m² 18.2 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-04-2010
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0825165538
Also 9925:BE0825165538
Registered 15-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.