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AEF Construct

Active Private limited companyfounded 2020active for 6 yearsEngerstraat 89, 3071 KortenbergKBO/BCE: BE 0744.977.420 #3 company by total assets in Kortenberg, Real estate sector
AEF Construct
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 27-08-2026, 27 days late
€83,383
▲ €110,632
€22,067
▲ €82,764
-€16,257
▲ €133,779
€510,281
▲ €885,770
4.2%
▲ 15.9 percentage points
1.08
▲ 0.18

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €220,000. Estimated: probably between €110,000 and €510,000.

In the rankings #3 company by total assets in Kortenberg, Real estate sector

Balance sheet

balance sheet total €6.9m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

4.2%

Higher than 23% of 11,297 companies in 2025.

1.08

Higher than 47% of 10,849 companies in 2025.

-0.2%

Higher than 36% of 11,182 companies in 2025.

AEF Construct Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

€45,757

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 6.9m3.5m1.2m609,7281.9m
21/28 3803,0377,58345,79158,522
22/27 3803,0377,58345,79158,522
24 3806559311,207-
25 -2,3816,65244,58558,522
29/58 6.9m3.5m1.1m563,9371.8m
3 6.1m3.2m909,780477,4371.8m
30/36 6.1m3.2m909,780477,4371.8m
40/41 817,77645,355151,05561,4181,527
40 288,50429,539142,74022,35694
41 529,27215,8168,31539,0611,433
54/58 33,690251,75077,77920,2942,311
490/1 7,1373,1836,1374,7881,707
Balance sheet: equity and liabilities
10/49 6.9m3.5m1.2m609,7281.9m
10/15 294,381-409,484-259,447-76,202-300,220
10/11 725,1235,0005,0005,0005,000
14 -430,741-414,484-264,447-81,202-305,220
17/49 6.6m3.9m1.4m685,9292.2m
17 216,27937,03157,68426,63538,046
170/4 216,27937,03157,68426,63538,046
42/48 6.4m3.9m1.4m659,2942.1m
42 20,75220,65420,57711,41111,219
43 3.0m2.2m200,000120,07388
430/8 3.0m2.2m200,000120,07388
44 434,000125,825182,058148,608120,094
440/4 434,000125,825182,058148,608120,094
46 2.6m1.2m370,12617,9091.7m
45 117,7962,14425,4384,07029,760
450/3 115,16014023,43333020,856
454/9 2,6362,0042,0043,7408,904
47/48 278,636421,777555,899357,224206,529
Income statement
9900 83,383-27,249-96,983559,926-213,466
62 18,303-916135,31264,715
630 2,6574,5474,54714,1098,073
640/8 40,35628,90058,408172,3778,077
9901 22,067-60,697-160,854238,128-294,331
75/76B 7,30516383318,598
75 7,30516383318,598
65/66B 45,62989,21622,06014,11219,232
65 45,62989,21622,06014,11219,232
9903 -16,257-149,897-182,875224,348-304,965
67/77 -140371330254
9904 -16,257-150,036-183,246224,018-305,220
9905 -16,257-150,036-183,246224,018-305,220
Appropriation of the result
9906 -430,741-414,484-264,447-81,202-305,220
14P -414,484-264,447-81,202-305,220-
Social balance sheet
9087 0.4--1.30.5
Hours worked1013 641--2,7381,256
Document PDFPDFPDFPDFPDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433272.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 27-08-2026 2026-00433272 PDF
31-12-2024 abbreviated format 27-08-2025 2025-00409430 PDF
31-12-2023 abbreviated format 31-07-2024 2024-00309073 PDF
31-12-2022 abbreviated format 30-06-2023 2023-00177522 PDF
31-12-2021 micro format 29-07-2022 2022-20243448 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
24,724-56,150-156,307252,237-286,258
-13,600-145,490-178,699238,127-297,147
6,7470-33,6611,37865,414
-218,060173,97257,48417,983-
510,281-375,490-209,346-95,357-320,695
4.2%-11.6%-22.5%-12.5%-16.2%
1.080.900.850.860.85
0.130.080.170.130.00
22.57----
-5.5%----
-0.2%-4.3%-15.9%36.7%-16.5%
0.54-0.63-7.0917.87-14.88

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202231-12-2021
Employees at the balance-sheet date-11
full-time-11
in full-time equivalents-11
0.41.30.5
On a permanent contract-11
Joined121
Left120

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€6,747--€1,378€65,414
€2,657€4,547€4,547€14,109€8,073

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on AEF Construct

The operating result for 2025 is a profit of €22,067, after a loss of €60,697 in 2024. It is the highest result since 2022.

Debt's share of the balance-sheet total is 95.8%.

Next steps

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