AEROLEDGER
ActiveSummary
AEROLEDGER has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,358 and a net result of €2,676. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 9574 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▼-3
Solvency27=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 39.4% and cash: 0% of total assets), and 97.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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 2025Solvency, return and age of the figures
Solvency
2.4%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9574 sector peers (2025).
NBB · sector comparisonPosition among 9574 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
13 d late
2024
36 d early
2023
33 d early
2022
34 d early
2021
17 d early
2020
11 d early
2019
104 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€12,358▲ 27.7%
2024 · €9,681
Total assets
€521,633▲ 0.3%
2024 · €520,325
Net result
€2,676
2024 · -€6,651
Working capital
-€204,755▼ 10.3%
2024 · -€185,583
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,971€7,089▼ 49.3%-€55€10,922
Net result€3,344within the sector's middle half€1,174below the sector's middle half▼ 64.9%-€3,307below the sector's middle half-€6,651below the sector's middle half▼ 101%€2,676within the sector's middle half
Equity€19,170below the sector's middle half▲ 21.1%€19,639below the sector's middle half▲ 2.4%€16,332below the sector's middle half▼ 16.8%€9,681below the sector's middle half▼ 40.7%€12,358below the sector's middle half▲ 27.7%
Total assets€520,711above the sector's middle half▼ 0.6%€520,531above the sector's middle half=€520,374above the sector's middle half=€520,325above the sector's middle half=€521,633above the sector's middle half▲ 0.3%
Debt€501,541▼ 1.2%€500,892▼ 0.1%€504,042▲ 0.6%€510,644▲ 1.3%€509,274▼ 0.3%
Working capital-€137,250below the sector's middle half▼ 152%-€152,128below the sector's middle half▼ 10.8%-€168,011below the sector's middle half▼ 10.4%-€185,583below the sector's middle half▼ 10.5%-€204,755below the sector's middle half▼ 10.3%
Solvency3.7%below the sector's middle half▲ 0.7pp3.8%below the sector's middle half▲ 0.1pp3.1%below the sector's middle half▼ 0.6pp1.9%below the sector's middle half▼ 1.3pp2.4%below the sector's middle half▲ 0.5pp
Current ratio0.00below the sector's middle half▼ 0.050.00below the sector's middle half=0.00below the sector's middle half=0.00below the sector's middle half=0.00below the sector's middle half=
Return on assets (ROA)0.6%below the sector's middle half▲ 0.9pp0.2%below the sector's middle half▼ 0.4pp-0.6%below the sector's middle half▼ 0.9pp-1.3%below the sector's middle half▼ 0.6pp0.5%below the sector's middle half▲ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €10,922 in 2025, compared with -€55 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €521,633
Fixed assets
€520,611 ▲ 0.1%
Current assets
€1,022 ▲ 214%
Equity and liabilities €521,633
Equity
€12,358 ▲ 27.7%
Debt
€509,274 ▼ 0.3%
Debt's share of the balance-sheet total falls from 98.1% to 97.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,210
Cash flow
€2,964
Debt to equity
41.21▼
2024 · 52.75
ROE
21.7%▲
2024 · -68.7%
Interest coverage
1.36
Debt ≤ 1 year
€205,776▲
2024 · €185,908
Debt > 1 year
€301,653▼
2024 · €324,736
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €106 | €111 | €55 | - | €288 | - |
| Gross operating margin9900 | €14,077 | €7,200 | - | - | €11,210 | - |
| Operating profit (loss)9901 | €13,971 | €7,089 | -€55 | - | €10,922 | - |
| Financial charges65/66B | €10,500 | €5,487 | €3,252 | €6,651 | €8,246 | ▲ 24.0% |
| Recurring financial charges65 | €10,500 | €5,438 | €3,252 | €6,651 | €8,246 | ▲ 24.0% |
| Non-recurring financial charges66B | - | €49 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €3,471 | €1,601 | -€3,307 | -€6,651 | €2,676 | ▲ 140% |
| Income taxes67/77 | €127 | €427 | €0 | - | - | - |
| Profit (loss) for the period9904 | €3,344 | €1,174 | -€3,307 | -€6,651 | €2,676 | ▲ 140% |
| Profit (loss) for the period to be appropriated9905 | €3,344 | €1,174 | -€3,307 | -€6,651 | €2,676 | ▲ 140% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €520,711 | €520,531 | €520,374 | €520,325 | €521,633 | ▲ 0.3% |
| Fixed assets21/28 | €520,161 | €520,055 | €520,000 | €520,000 | €520,611 | ▲ 0.1% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €161 | €55 | €0 | - | €611 | - |
| Furniture and vehicles24 | €161 | €55 | €0 | - | €611 | - |
| Financial fixed assets28 | €520,000 | €520,000 | €520,000 | €520,000 | €520,000 | = |
| Current assets29/58 | €550 | €476 | €374 | €325 | €1,022 | ▲ 214% |
| Amounts receivable after more than one year29 | €59 | - | - | - | - | - |
| Other amounts receivable291 | €59 | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | €476 | €326 | €325 | €1,000 | ▲ 208% |
| Other amounts receivable41 | - | €476 | €326 | €325 | €1,000 | ▲ 208% |
| Cash at bank and in hand54/58 | €491 | - | €48 | €0 | €22 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €520,711 | €520,531 | €520,374 | €520,325 | €521,633 | ▲ 0.3% |
| Equity10/15 | €19,170 | €19,639 | €16,332 | €9,681 | €12,358 | ▲ 27.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €570 | €1,039 | -€2,268 | -€8,919 | -€6,242 | ▲ 30.0% |
| Amounts payable17/49 | €501,541 | €500,892 | €504,042 | €510,644 | €509,274 | ▼ 0.3% |
| Amounts payable after more than one year17 | €363,741 | €348,288 | €335,657 | €324,736 | €301,653 | ▼ 7.1% |
| Financial debts170/4 | €181,741 | €348,288 | €142,517 | €123,104 | €301,653 | ▲ 145% |
| Other amounts payable178/9 | €182,000 | - | €193,140 | €201,632 | - | - |
| Amounts payable within one year42/48 | €137,800 | €152,604 | €168,385 | €185,908 | €205,776 | ▲ 10.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €20,200 | - |
| Financial debts43 | - | €819 | - | - | - | - |
| Credit institutions430/8 | - | €819 | - | - | - | - |
| Trade debts44 | - | - | - | - | €227 | - |
| Suppliers440/4 | - | - | - | - | €227 | - |
| Taxes, remuneration and social security45 | - | €1,242 | €428 | €0 | - | - |
| Taxes450/3 | - | €1,242 | €428 | €0 | - | - |
| Other amounts payable47/48 | €137,800 | €150,542 | €167,957 | €185,908 | €185,349 | ▼ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,845 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,344 | €1,174 | -€3,307 | -€6,651 | €2,676 | ▲ 140% |
| + Depreciation and write-downs630 | €106 | €111 | €55 | - | €288 | - |
| Operating cash flow (approximation) | €3,450 | €1,285 | -€3,252 | -€6,651 | €2,964 | ▲ 145% |
| Investment in fixed assets (approximation) | - | -€5 | €0 | €0 | -€899 | - |
| Change in cash | - | - | - | -€48 | €22 | ▲ 145% |
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
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Back to profitnet €2,676
Net result €2,676 after 2 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€6,651
Net result drops to -€6,651, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3,344
Net result €3,344 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Evere · 1 establishment unit since 2018
Ground area
609 m²
Building footprint
266 m²
Volume, LiDAR
3,943 m³
Parcel 21372C0036/00M003, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AeroLedger
since 20182.279.548.203
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0036/00M003 | Brussels | 609 m² | 1 · 266 m² | 18.2 m · 5 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.
Similar companies · same sector, comparable size
ENERGIE & MILIEUSTUDIEBUREAU SAMSON
BE 0886.335.520
Deinze · Eq €12,358
DL P&T MANAGEMENT
BE 0767.403.424
Liège · Eq €12,364
Blueberries
BE 0670.426.188
Kortrijk · Eq €12,339
BUILDWIND
BE 0687.548.074
Anderlecht · Eq €12,290
EGECOR
BE 0882.039.707
Namur · Eq €12,272
Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. 3,273 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62900Other information technology and computer services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0697928064
Also
9925:BE0697928064
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.