AEDIFICO
ActiveSummary
AEDIFICO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €754,076 and a net result of €177,665. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 9046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+5
Solvency97▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 3.16 against 1.78 in 2023; short-term debt: 27.8% and cash: 20% of total assets), and 28% of the assets are financed with debt.
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Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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
72%
Return on assets
17%
Age of the figures
22 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 30-06-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
2 d early
2022
1 d early
2021
1 d early
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day 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 (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€754,076▲ 30.8%
2023 · €576,411
Total assets
€1.0m▼ 10.5%
2023 · €1.2m
Net result
€177,665▲ 16.9%
2023 · €152,040
Working capital
€628,908▲ 36.7%
2023 · €460,217
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€175,693▲ 161%€226,036▲ 28.7%€198,611▼ 12.1%€210,291▲ 5.9%€241,556▲ 14.9%
Net result€109,328within the sector's middle half▲ 880%€172,957within the sector's middle half▲ 58.2%€141,287within the sector's middle half▼ 18.3%€152,040within the sector's middle half▲ 7.6%€177,665above the sector's middle half▲ 16.9%
Equity€110,127below the sector's middle half▼ 72.5%€283,084within the sector's middle half▲ 157%€424,371within the sector's middle half▲ 49.9%€576,411within the sector's middle half▲ 35.8%€754,076within the sector's middle half▲ 30.8%
Total assets€1.1mwithin the sector's middle half▼ 8.1%€1.0mwithin the sector's middle half▼ 4.5%€1.2mwithin the sector's middle half▲ 16.2%€1.2mwithin the sector's middle half▼ 2.7%€1.0mwithin the sector's middle half▼ 10.5%
Debt€974,623▲ 25.0%€752,963▼ 22.7%€779,321▲ 3.5%€594,817▼ 23.7%€293,848▼ 50.6%
Working capital€132,083▼ 72.5%€135,133▲ 2.3%€491,616▲ 264%€460,217▼ 6.4%€628,908▲ 36.7%
Solvency10.2%below the sector's middle half▼ 23.8pp27.3%within the sector's middle half▲ 17.2pp35.3%within the sector's middle half▲ 7.9pp49.2%within the sector's middle half▲ 14.0pp72.0%above the sector's middle half▲ 22.7pp
Staff (FTE)4.5within the sector's middle half▼ 21.1%4.7within the sector's middle half▲ 4.4%5.6within the sector's middle half▲ 19.1%5.3within the sector's middle half▼ 5.4%5.3within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 15% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€127,296 ▲ 4.4%
Current assets
€920,628 ▼ 12.3%
Equity and liabilities €1.0m
Equity
€754,076 ▲ 30.8%
Debt
€293,848 ▼ 50.6%
Debt's share of the balance-sheet total falls from 50.8% to 28.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€267,868▲
2023 · €235,738
Cash flow
€203,977▲
2023 · €177,487
Current ratio
3.16▲
2023 · 1.78
Quick ratio
0.89▲
2023 · 0.69
Debt to equity
0.39▼
2023 · 1.03
ROE
23.6%▼
2023 · 26.4%
ROA
17.0%▲
2023 · 13.0%
Interest coverage
36.85▲
2023 · 20.01
Debt ≤ 1 year
€291,720▼
2023 · €589,075
Income taxes
€60,587▲
2023 · €52,706
Staff costs
€280,666▲
2023 · €222,541
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
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 497,058 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% | 1.6% |
| 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 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 31,324 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,066 | - | - | - |
| Remuneration, social security and pensions62 | - | €182,607 | €269,814 | €222,541 | €280,666 | ▲ 26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,511 | €10,350 | €25,094 | €25,447 | €26,312 | ▲ 3.4% |
| Other operating charges640/8 | - | €2,039 | €2,167 | €2,454 | €4,619 | ▲ 88.2% |
| Non-recurring operating charges66A | - | - | - | - | €17,498 | - |
| Gross operating margin9900 | €304,877 | €421,031 | €495,685 | €460,733 | €570,650 | ▲ 23.9% |
| Operating profit (loss)9901 | €175,693 | €226,036 | €198,611 | €210,291 | €241,556 | ▲ 14.9% |
| Financial income75/76B | - | €8,360 | €10,480 | €6,238 | €3,964 | ▼ 36.4% |
| Recurring financial income75 | €4,797 | €8,360 | €10,480 | €6,238 | €3,964 | ▼ 36.4% |
| Financial charges65/66B | - | €10,983 | €19,473 | €11,782 | €7,269 | ▼ 38.3% |
| Recurring financial charges65 | €15,790 | €10,983 | €19,473 | €11,782 | €7,269 | ▼ 38.3% |
| Profit (loss) for the period before taxes9903 | €155,717 | €223,412 | €189,618 | €204,746 | €238,252 | ▲ 16.4% |
| Income taxes67/77 | €46,388 | €50,455 | €48,331 | €52,706 | €60,587 | ▲ 15.0% |
| Profit (loss) for the period9904 | €109,328 | €172,957 | €141,287 | €152,040 | €177,665 | ▲ 16.9% |
| Profit (loss) for the period to be appropriated9905 | €109,328 | €172,957 | €141,287 | €152,040 | €177,665 | ▲ 16.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.0m | €1.2m | €1.2m | €1.0m | ▼ 10.5% |
| Fixed assets21/28 | €36,835 | €151,136 | €142,983 | €121,936 | €127,296 | ▲ 4.4% |
| Tangible fixed assets22/27 | €36,835 | €151,136 | €142,983 | €121,936 | €127,296 | ▲ 4.4% |
| Land and buildings22 | - | €126,852 | €126,125 | €108,224 | - | - |
| Plant, machinery and equipment23 | - | €3,655 | €1,536 | €3,698 | €3,539 | ▼ 4.3% |
| Furniture and vehicles24 | - | €20,630 | €15,322 | €10,014 | €4,706 | ▼ 53.0% |
| Other tangible fixed assets26 | - | - | - | - | €119,051 | - |
| Current assets29/58 | €1.0m | €884,910 | €1.1m | €1.0m | €920,628 | ▼ 12.3% |
| Stocks and contracts in progress3 | €364,503 | €482,001 | €581,733 | €642,547 | €660,085 | ▲ 2.7% |
| Stocks30/36 | - | €482,001 | €581,733 | €642,547 | €660,085 | ▲ 2.7% |
| Amounts receivable within one year40/41 | €339,005 | €20,965 | €3,995 | €7,781 | €21,841 | ▲ 181% |
| Trade receivables40 | - | €4,245 | €3,995 | €7,092 | €21,585 | ▲ 204% |
| Other amounts receivable41 | - | €16,720 | - | €689 | €255 | ▼ 62.9% |
| Cash at bank and in hand54/58 | €314,298 | €355,583 | €453,467 | €371,990 | €209,904 | ▼ 43.6% |
| Deferred charges and accrued income490/1 | - | €26,361 | €21,513 | €26,974 | €28,799 | ▲ 6.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €1.2m | €1.2m | €1.0m | ▼ 10.5% |
| Equity10/15 | €110,127 | €283,084 | €424,371 | €576,411 | €754,076 | ▲ 30.8% |
| Contributions10/11 | €87,500 | €87,500 | €87,500 | €87,500 | €87,500 | = |
| Capital10 | - | €87,500 | €87,500 | €87,500 | €87,500 | = |
| Issued capital100 | - | €87,500 | €87,500 | €87,500 | €87,500 | = |
| Reserves13 | €21,750 | €194,750 | €336,750 | €488,750 | €665,750 | ▲ 36.2% |
| Non-distributable reserves130/1 | - | €8,750 | €8,750 | €8,750 | €8,750 | = |
| Legal reserve130 | - | €8,750 | €8,750 | €8,750 | €8,750 | = |
| Distributable reserves133 | - | €186,000 | €328,000 | €480,000 | €657,000 | ▲ 36.9% |
| Profit (loss) carried forward14 | €877 | €834 | €121 | €161 | €826 | ▲ 413% |
| Amounts payable17/49 | €974,623 | €752,963 | €779,321 | €594,817 | €293,848 | ▼ 50.6% |
| Amounts payable after more than one year17 | - | - | €200,000 | - | - | - |
| Other amounts payable178/9 | - | - | €200,000 | - | - | - |
| Amounts payable within one year42/48 | €915,832 | €749,777 | €569,093 | €589,075 | €291,720 | ▼ 50.5% |
| Trade debts44 | €240,937 | €335,156 | €216,895 | €247,687 | €224,116 | ▼ 9.5% |
| Suppliers440/4 | - | €335,156 | €216,895 | €247,687 | €224,116 | ▼ 9.5% |
| Taxes, remuneration and social security45 | - | €34,050 | €51,627 | €40,817 | €67,033 | ▲ 64.2% |
| Taxes450/3 | - | €533 | €10,260 | €2,925 | €20,231 | ▲ 592% |
| Remuneration and social security454/9 | - | €33,517 | €41,367 | €37,893 | €46,802 | ▲ 23.5% |
| Other amounts payable47/48 | - | €380,571 | €300,571 | €300,571 | €571 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | - | €3,186 | €10,228 | €5,742 | €2,128 | ▼ 62.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €109,328 | €172,957 | €141,287 | €152,040 | €177,665 | ▲ 16.9% |
| + Depreciation and write-downs630 | €10,511 | €10,350 | €25,094 | €25,447 | €26,312 | ▲ 3.4% |
| Operating cash flow (approximation) | €119,839 | €183,307 | €166,381 | €177,487 | €203,977 | ▲ 14.9% |
| Investment in fixed assets (approximation) | - | -€124,651 | -€16,940 | -€4,400 | -€31,672 | ▼ 620% |
| Change in cash | - | €41,285 | €97,884 | -€81,478 | -€162,085 | ▼ 98.9% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-11
Financial
Highest result since 2018net €177,665 ▲16.9%
Operating result €241,556, net result €177,665, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-11
Financial
Equity above €500,000Eq €576,411 ▲35.8%
6 profitable years in a row build equity to €576,411.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial
Equity above €200,000Eq €283,084 ▲157%
4 profitable years in a row build equity to €283,084.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial
Weakest financial yearnet €11,155 ▼86.5%
Net result drops to €11,155, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Gent · 2 establishment units since 1988
Ground area
3,990 m²
Building footprint
2,576 m²
Volume, LiDAR
2,318 m³
2 parcels, Brussels, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
HOBBYGENT
since 19882.039.388.178
HOBBYGENT
since 19892.039.388.277
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0191/00R000 | Flanders | 3,498 m² | 1 · 2,376 m² | - |
| 21819C0181/00E010 | Brussels | 492 m² | 1 · 200 m² | 14.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- ALENTUM
- AEDIFICO
Highest known parent: ALENTUM. The sources do not say who stands above it.
Owners 1
- ALENTUMparent95%
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.039.388.277
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TOUT FIX
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Of 505 companies in sector 46841 we hold annual accounts for 365. 290 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-06-1988
Fiscal year end30-11
Activities, NACEBEL 2025
46841Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47552Retail sale of lighting equipment
Contact
E-mail
perneelinfo@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434611567
Registered
05-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.