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AERNOUTS

Active Private limited companyfounded 1989active for 37 yearsDorp 53, 2382 RavelsKBO/BCE: BE 0438.366.556 #10 oldest company in Ravels, Manufacturing sector

Lifetime

19 annual accounts with figures on one time axis, 35 filings since 1990
peak €245,434 (2008)
€88,229▲ 4.1%
lowest -€40,845 (2013)
-€15,641▼ €4,774
peak €232,325 (2011)
-€54,052▼ €15,641
€86,056▲ 3.0%
peak 7.5 FTE (2009)
2.5 FTE▲ 4.2%
Board2 names since 2021
1 director
Documentsfilings and deeds
17-06-202644 days before the deadline
2025abbreviated format
Loss of €15,641Equity from -€38,412 to -€54,052Cash from €2,425 to €3,327

Key points

from the 2025 annual accounts

Equity

-€54,052
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€72,137 in four years
-20,7492022-24,8812023-10,8662024-15,6412025

Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.

Debts

€86,056 269% of the balance sheet
Suppliers 33%Taxes and wages 24%Other 43%

Staff

2.5 FTE from 7.5 in 2009

Between 2009 and 2025, 67% of the full-time equivalents disappeared.

Filings

35 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

The 2019 accounts came 6 days late. The other nine of the last ten were filed on time.

Position in the sector

-168.9%

Lower solvency than 95% of companies in food products. Sector median 35.1% · 1,082 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,618 companies had the same profile as AERNOUTS has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,618 companies, not a prediction for AERNOUTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0438366556
Change of role: , from statutory manager to director Appointment: (director) · Gazette deed
First establishment Dorp 53, Ravels
Incorporation published on 14-10-1989 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
AERNOUTS Ravels €32,004 €88,229 -168.9% 2.5
BAKKERIJ VAN KEER Stabroek €35,671 €67,935 -184.6% -
B-SIDE Mechelen €33,923 €81,709 4.2% -
Andriescu-Ancuta Antwerp €43,909 €81,707 -132.8% -
BROODHUIS Geraardsbergen €66,002 €40,473 83.9% 1.9
PATISSERIE CHANSON Anderlecht €65,065 €130,866 -7.9% 3
BOULANGERIE ERIC GOURDIN Beloeil €70,958 €68,763 61.9% 2

These companies have the same main activity as AERNOUTS: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €33,900 and €71,000, founded between 1982 and 2008.

Official details

Source: KBO
Status
Active since 20-09-1989Normal situation
Activity
Artisanal bread and fresh pastry makingNACE 10712
Joint committees
118Food industry
201Independent retail · annual accounts 2024
Establishment unit
2.045.080.0012382 Ravels, since 04-10-1989
Financial year end
31 December
Peppol
Reachable since 04-09-2025
Company details

Annual accounts 2025

≈ €250,000estimated
€32,004▼ 29.1%
Employeeson 31-12-2025
6▼ 25.0%
Filing
Filed on 17-06-2026, 44 days before the end of the filing period
Financials

Insights on AERNOUTS

AERNOUTS files the abbreviated format. That format states no turnover. The gross margin fell from €219,508 in 2006 to €88,229 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AERNOUTS

What is the company number of AERNOUTS?
The company number of AERNOUTS is 0438.366.556. The VAT number is the same number with BE in front: BE 0438.366.556.
Where is AERNOUTS based?
The registered office is at Dorp 53, 2382 Ravels.Company details
What does AERNOUTS do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of AERNOUTS?
AERNOUTS is a private limited company (BV).
When was AERNOUTS founded?
AERNOUTS was founded on 20-09-1989.
Is AERNOUTS still active?
Yes, AERNOUTS is an active enterprise in the KBO register.
How many employees does AERNOUTS have?
AERNOUTS had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AERNOUTS fall under?
In its 2024 annual accounts, AERNOUTS states joint committees 118 (Food industry) and 201 (Independent retail).
What is the turnover of AERNOUTS?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €88,229 and 1,300 comparable companies of the same size. It probably lies between €150,000 and €470,000. It is a rough estimate.
Is AERNOUTS profitable?
In financial year 2025, AERNOUTS made a loss of €15,641.
Where can I find the annual accounts of AERNOUTS?
AERNOUTS filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AERNOUTS due?
AERNOUTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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