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AEW

Active
Private limited companyfounded 2024active for 1 yearAntwerpsestraat 149, 2845 Niel, BelgiumKBO/BCE: BE 1016.615.329
Summary

AEW has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,580 and a net result of €28,580. Its solvency ranks better than 49% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Financials · financial year 2025, abbreviated format

Turnover
€87,112
EBIT margin
41.8%
Net result
€28,580
Working capital
€18,629
Balance-sheet composition
Assets €68,420
Fixed assets €24,345
Current assets €44,075
Equity and liabilities €68,986
Equity €29,580
Debt €39,406
Debt finances 57.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€40,974
Cash flow
€33,141
Current ratio
1.73
Debt to equity
1.33
ROE
96.6%
ROA
41.4%
Interest coverage
82.48
Debt ≤ 1 year
€25,445
Debt > 1 year
€13,961
Income taxes
€7,336
Staff costs
€997

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€68,986
Formation expenses20€566
Fixed assets21/28€24,345
Tangible fixed assets22/27€24,345
Plant, machinery and equipment23€2,136
Furniture and vehicles24€22,209
Current assets29/58€44,075
Amounts receivable within one year40/41€27,912
Trade receivables40€22,935
Other amounts receivable41€4,976
Cash at bank and in hand54/58€16,163
Equity and liabilities
Total equity and liabilities10/49€68,986
Equity10/15€29,580
Contributions10/11€1,000
Contributions outside capital11€1,000
Other1109/19€1,000
Profit (loss) carried forward14€28,580
Amounts payable17/49€39,406
Amounts payable after more than one year17€13,961
Financial debts170/4€13,961
Amounts payable within one year42/48€25,445
Current portion of amounts payable after more than one year42€5,012
Trade debts44€8,680
Suppliers440/4€8,680
Taxes, remuneration and social security45€11,141
Taxes450/3€11,141
Other amounts payable47/48€612
Income statement Code2025
Turnover70€87,112
Goods, raw materials, services and sundry goods60/61€40,313
Remuneration, social security and pensions62€997
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,561
Other operating charges640/8€4,829
Gross operating margin9900€46,800
Operating profit (loss)9901€36,412
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€497
Recurring financial charges65€497
Profit (loss) for the period before taxes9903€35,916
Income taxes67/77€7,336
Profit (loss) for the period9904€28,580
Profit (loss) for the period to be appropriated9905€28,580
Appropriation of the result
Profit (loss) to be appropriated9906€28,580

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€87,112
Goods, raw materials, services and sundry goods60/61€40,313
Remuneration, social security and pensions62€997
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,561
Other operating charges640/8€4,829
Gross operating margin9900€46,800
Operating profit (loss)9901€36,412
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€497
Recurring financial charges65€497
Profit (loss) for the period before taxes9903€35,916
Income taxes67/77€7,336
Profit (loss) for the period9904€28,580
Profit (loss) for the period to be appropriated9905€28,580
Line2025
Assets
Total assets20/58€68,986
Formation expenses20€566
Fixed assets21/28€24,345
Tangible fixed assets22/27€24,345
Plant, machinery and equipment23€2,136
Furniture and vehicles24€22,209
Current assets29/58€44,075
Amounts receivable within one year40/41€27,912
Trade receivables40€22,935
Other amounts receivable41€4,976
Cash at bank and in hand54/58€16,163
Equity and liabilities
Total equity and liabilities10/49€68,986
Equity10/15€29,580
Contributions10/11€1,000
Contributions outside capital11€1,000
Other1109/19€1,000
Profit (loss) carried forward14€28,580
Amounts payable17/49€39,406
Amounts payable after more than one year17€13,961
Financial debts170/4€13,961
Amounts payable within one year42/48€25,445
Current portion of amounts payable after more than one year42€5,012
Trade debts44€8,680
Suppliers440/4€8,680
Taxes, remuneration and social security45€11,141
Taxes450/3€11,141
Other amounts payable47/48€612
Line2025
Profit (loss) for the period9904€28,580
+ Depreciation and write-downs630€4,561
Operating cash flow (approximation)€33,141

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 18-06-2026 2026-00173188

Similar companies · same sector, comparable size

Of the 1,109 active companies whose main activity is electrical installation work in industrial facilities (NACE 43212), figures are known for 432. 348 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.