AEM
ActiveSummary
AEM has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €263,345 and a net result of -€15,360. Equity is shrinking by ~2.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average 26 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)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 6,915 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,548 | €27,408 | €26,266 | €13,710 | €10,514 | ▼ 23.3% |
| Other operating charges640/8 | - | €4,794 | €5,613 | €3,382 | €1,831 | ▼ 45.9% |
| Non-recurring operating charges66A | - | - | - | €56,796 | - | - |
| Gross operating margin9900 | €29,944 | €21,752 | €28,127 | -€23,791 | -€3,797 | ▲ 84.0% |
| Operating profit (loss)9901 | -€5,300 | -€10,450 | -€3,752 | -€97,680 | -€16,143 | ▲ 83.5% |
| Financial income75/76B | - | - | - | €636 | €783 | ▲ 23.2% |
| Recurring financial income75 | - | - | - | €636 | €783 | ▲ 23.2% |
| Financial charges65/66B | - | €228 | €0 | - | - | - |
| Recurring financial charges65 | €379 | €228 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€5,679 | -€10,678 | -€3,752 | -€97,044 | -€15,360 | ▲ 84.2% |
| Profit (loss) for the period9904 | -€5,679 | -€10,678 | -€3,752 | -€97,044 | -€15,360 | ▲ 84.2% |
| Profit (loss) for the period to be appropriated9905 | -€5,679 | -€10,678 | -€3,752 | -€97,044 | -€15,360 | ▲ 84.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €800,619 | €782,859 | €779,198 | €679,165 | €263,808 | ▼ 61.2% |
| Fixed assets21/28 | €708,495 | €681,087 | €654,821 | €259,085 | €248,571 | ▼ 4.1% |
| Tangible fixed assets22/27 | €708,495 | €681,087 | €654,821 | €259,085 | €248,571 | ▼ 4.1% |
| Land and buildings22 | - | €680,425 | €654,428 | €259,001 | €248,424 | ▼ 4.1% |
| Plant, machinery and equipment23 | - | €662 | €392 | €84 | €147 | ▲ 76.0% |
| Current assets29/58 | €92,125 | €101,772 | €124,377 | €420,080 | €15,237 | ▼ 96.4% |
| Amounts receivable within one year40/41 | - | €759 | €6,022 | €14,316 | €13,790 | ▼ 3.7% |
| Other amounts receivable41 | - | €759 | €6,022 | €14,316 | €13,790 | ▼ 3.7% |
| Cash at bank and in hand54/58 | €89,995 | €98,763 | €115,576 | €404,803 | €323 | ▼ 99.9% |
| Deferred charges and accrued income490/1 | - | €2,250 | €2,779 | €961 | €1,124 | ▲ 17.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €800,619 | €782,859 | €779,198 | €679,165 | €263,808 | ▼ 61.2% |
| Equity10/15 | €790,179 | €779,502 | €775,749 | €678,705 | €263,345 | ▼ 61.2% |
| Contributions10/11 | €865,000 | €865,000 | €865,000 | €865,000 | €465,000 | ▼ 46.2% |
| Capital10 | - | €865,000 | €865,000 | €865,000 | €465,000 | ▼ 46.2% |
| Issued capital100 | - | €865,000 | €865,000 | €865,000 | €465,000 | ▼ 46.2% |
| Profit (loss) carried forward14 | -€74,821 | -€85,498 | -€89,251 | -€186,295 | -€201,655 | ▼ 8.2% |
| Amounts payable17/49 | €10,440 | €3,357 | €3,448 | €460 | €462 | ▲ 0.6% |
| Amounts payable within one year42/48 | €7,390 | €1,557 | €1,648 | €460 | €462 | ▲ 0.6% |
| Trade debts44 | €2,830 | €1,557 | €1,648 | €460 | - | - |
| Suppliers440/4 | - | €1,557 | €1,648 | €460 | - | - |
| Other amounts payable47/48 | - | - | - | - | €462 | - |
| Accrued charges and deferred income492/3 | - | €1,800 | €1,800 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,679 | -€10,678 | -€3,752 | -€97,044 | -€15,360 | ▲ 84.2% |
| + Depreciation and write-downs630 | €30,548 | €27,408 | €26,266 | €13,710 | €10,514 | ▼ 23.3% |
| Operating cash flow (approximation) | €24,869 | €16,730 | €22,514 | -€83,334 | -€4,846 | ▲ 94.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €382,026 | €0 | ▼ 100% |
| Change in cash | - | €8,768 | €16,813 | €289,227 | -€404,480 | ▼ 240% |
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
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.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029B0865/00N003 | Flanders | 623 m² | 1 · 623 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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