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AESCO

Active Public limited companyfounded 2017active for 8 yearsMosten 14-14A, 9160 LokerenKBO/BCE: BE 0687.903.313

Lifetime

8 annual accounts with figures on one time axis
peak €122,562 (2022)
€26,507▼ 48.3%
lowest -€12,316 (2025)
-€12,316▼ €20,889
peak €345,771 (2024)
€333,455▼ 3.6%
€161,852▼ 25.0%
Board14 names since 2017all names
8 directorsBio&nergy and 7 others
Owners4 names in the annual accounts
44.47%Bio&nergy and 3 others
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €51,268 to €26,507Loss of €12,316Registered office moved within Lokeren 18-06Debts from €215,850 to €161,852

Key points

from the 2025 annual accounts

Turnover

≈ €95,000 estimated

The accounts state no turnover.

Filings

8 annual accounts 8 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 117 days after the end of the period.

Position in the sector

-€12,316

Lower net result than 81% of companies in other professional activities. Sector median €12,609 · 816 companies.

Checked score

51
Fair
Financially stronger than 48% of micro companies in other professional activities (NACE 74)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.7% 01-2025: 3.7%● unchanged vs 12-2024 02-2025: 3.7%● unchanged vs 01-2025 03-2025: 3.7%● unchanged vs 02-2025 04-2025: 3.6%▼ -0.1 percentage points vs 03-2025 05-2025: 3.4%▼ -0.2 percentage points vs 04-2025 06-2025: 3.3%▼ -0.1 percentage points vs 05-2025 07-2025: 4.5%▲ +1.2 percentage points vs 06-2025 08-2025: 5.9%▲ +1.4 percentage points vs 07-2025 09-2025: 7.2%▲ +1.3 percentage points vs 08-2025 10-2025: 10.8%▲ +3.6 percentage points vs 09-2025highest value 11-2025: 4.7%▼ -6.1 percentage points vs 10-2025 12-2025: 4.7%● unchanged vs 11-2025 01-2026: 4.7%● unchanged vs 12-2025 02-2026: 4.8%▲ +0.1 percentage points vs 01-2026 03-2026: 4.8%● unchanged vs 02-2026 04-2026: 4.7%▼ -0.1 percentage points vs 03-2026 05-2026: 4.4%▼ -0.3 percentage points vs 04-2026 06-2026: 4.3%▼ -0.1 percentage points vs 05-2026 07-2026: 3.6%▼ -0.7 percentage points vs 06-2026 08-2026: 4.8%▲ +1.2 percentage points vs 07-2026 09-2026: 2.8%▼ -2.0 percentage points vs 08-2026lowest value 10-2026: 2.8%● unchanged vs 09-2026lowest value 11-2026: 2.8%● unchanged vs 10-2026lowest value

Financial strength
Strong

92+5equity 67.3% of total assets
72+8short-term debt 32.7%
40-14return on assets -2.5%

Score breakdown

raises risk
Liquidity: current ratio 0.40
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
1 change of registered office in 24 months
Ex-officio strike-off in the KBO
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 68% of them on solvency, 63% on liquidity, 25% on profitability and 36% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 929 companies had the same profile as AESCO has now. Each dot stands for 3 companies, two years later.

92.8%
were still trading
5.5%
stopped another way
1.7%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss

The bankruptcy probability of AESCO itself is higher: 2.8% within 12 months. It rests on far more data about AESCO than the profile alone.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 929 companies, not a prediction for AESCO. 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

Credit of up to €17,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.4 (0.48 in 2024), below 1. Short-term debt is 32.7% of total assets. 32.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · Liquidity: current ratio 0.40
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
31 days late
2024
61 days late
2023
78 days late
2022
37 days late
2021
31 days late
2020
31 days late
2019
117 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 55 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline

Board and ownership

IB
Director, STEENDAM Kurt Maria André
LT
Director, VAN POUCKE Robin Franciscus Roel
NS
NV SOCOFI
Director, VERMEERSCH Alain Jacques Christian
B
Director, VAN POUCKE Piet Adelheid Goedhart
and 2 othersand 1 other shareholderBoard & ownership

Recent changes

Registered office moved within Lokeren New registered office: Mosten 14-14A, 9160 Lokeren · Previous registered office: Brandstraat 9, 9160 Lokeren · Reappointments: BIO&NERGY, LINEA TROVATA BIOPROJECTS, CONCORDE, CONCORDE INVEST, SOCOFI, VERMEERSCH Matthias Michel Daniel and 3 others · General meeting of 10-06-2025 · Gazette deed
Address struck Brandstraat 9 9160 L’adresse du siège Brandstraat 9 9160 Loke- Brandstraat 9, 9160 Lokeren Lokeren is doorgehaald met ingang van ren · effective 25-04-2024 · KBO administration
Registered office moved from Ghent to Lokeren New registered office: Brandstraat 9 te 9160 Lokeren · Previous registered office: Tuinwijklaan 79, 9000 Gent · Resignations: Bert Audenaert (director) and OGF bvba (director) · General meeting of 31-05-2019 · Gazette deed
Incorporation published on 24-01-2018 · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
AESCO Lokeren €495,307 €26,507 67.3% -
AGOKO Sint-Niklaas €529,359 €31,001 98.7% -
GV Solutions Lobbes €440,302 €33,124 72.9% -
LCS Aalter €386,333 €52,770 44.4% -
DMD Horizon Mont-Saint-Guibert €360,109 €38,281 17.0% -
Association Technique de l'Industrie Européenne des Lubrifiants Etterbeek €589,388 €29,545 98.6% -
FOR LEISURE & SPORT Leuven €562,315 €37,370 13.8% -

These companies have the same main activity as AESCO: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €360,000 and €589,000, founded between 2015 and 2020.

Official details

Source: KBO
Status
Active since 20-12-2017Normal situation
Activity
Other professional, scientific and technical activitiesNACE 74999and 1 other
Establishment unit
2.273.047.7189160 Lokeren, since 20-12-2017
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€495,307▼ 11.8%
Filing
Filed on 31-08-2026
Financials

Companies linked to AESCO

Insights on AESCO

AESCO files the abbreviated format. That format states no turnover. The gross margin rose from €8,681 in 2019 to €26,507 in 2025.

In December 2023, three directors stepped down.

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 AESCO

What is the company number of AESCO?
The company number of AESCO is 0687.903.313. The VAT number is the same number with BE in front: BE 0687.903.313.
Where is AESCO based?
The registered office is at Mosten 14-14A, 9160 Lokeren.Company details
What does AESCO do?
According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
What is the legal form of AESCO?
AESCO is a public limited company (NV).
When was AESCO founded?
AESCO was founded on 20-12-2017.
Is AESCO still active?
Yes, AESCO is an active enterprise in the KBO register.
What is the turnover of AESCO?
The turnover in financial year 2025 is ≈ €95,000. This figure is estimated from the gross margin of €26,507 and 1,231 comparable companies of the same size. It probably lies between €51,000 and €180,000. It is a rough estimate.Financials
Is AESCO profitable?
In financial year 2025, AESCO made a loss of €12,316.
Where can I find the annual accounts of AESCO?
AESCO filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AESCO due?
AESCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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