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Algemene Ondernemingen Aerts

Active
Public limited companyfounded 1954active for 72 yearsDorpsstraat 23, 2970 Schilde, BelgiumKBO/BCE: BE 0403.868.408
Summary

Algemene Ondernemingen Aerts has been active since 1954 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.1m and a net result of €9.8m, of which €11.0m non-recurring income. Equity has been stable since 2019 (±2% per year). Its solvency ranks better than 95% of 1,029 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-02-1954 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Establishment unit
2.039.785.185 2500 Lier, since 01-02-1954
Financial year end
31 December
Peppol
Reachable since 30-01-2026

Board and ownership

Board
Shareholders

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€13.1m
Turnover
≈ €23.0m
estimated
Profit
€9.8m
Equity
€10.1m
Total assets
€11.1m
Employees on 31-12-2025
2
  • 2025 accounts filed 28 days after the deadline
Net result +46,540%: 19-month year
Score breakdownraises risk1 change of registered office in 24 monthslowers riskFounded in 1954Size: 4.5 FTE, total assets €11.1mLiquidity: current ratio 11.48, cash €1.4mShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 100+73
equity 91.3% of total assets
Liquidity 66+21
short-term debt 8.7% · cash 12.8%
Profitability 100+62
return on assets 88.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 3.2% 01-2025: 3.5%▲ +0.3 percentage points vs 12-2024 02-2025: 3.9%▲ +0.4 percentage points vs 01-2025 03-2025: 5.0%▲ +1.1 percentage points vs 02-2025 04-2025: 1.8%▼ -3.2 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 2.0%▲ +0.2 percentage points vs 11-2025 01-2026: 2.3%▲ +0.3 percentage points vs 12-2025 02-2026: 2.6%▲ +0.3 percentage points vs 01-2026 03-2026: 3.4%▲ +0.8 percentage points vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 6.5%▲ +3.1 percentage points vs 04-2026 06-2026: 8.6%▲ +2.1 percentage points vs 05-2026 07-2026: 8.8%▲ +0.2 percentage points vs 06-2026 08-2026: 8.8%● unchanged vs 07-2026highest value 09-2026: 0.2%▼ -8.6 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €950,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 11.48 (3.42 in 2024), above the usual 1.5. Short-term debt is 8.7% and cash 12.8% of total assets. 8.7% of the assets are financed with debt and provisions.
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 41, micro). It does better than 92% of them on solvency, 71% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1954
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 4.5 FTE, total assets €11.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 11.48, cash €1.4m
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €10.1m
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filings
Deviation from the deadline
2025
28 days late
2024
62 days late
2023
231 days late
2022
73 days late
2021
305 days late
2020
171 days late
2019
441 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 187 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €305,060 to €10.1m ▲ 33× View
  • Positive: Oldest company in Schilde, Construction sectorin the Checked rankings No. 1 View
  • Merger with NIGHTINGALE FINANCEmerger on 13-01-2026 2026 View
  • A director leftlatest change 23-12-2025 · 3 in office 1 left View

Recent changes

  1. · Gazette deed Registered office moved from Lier to SchildeNew seat: Dorpstraat 23A, 2970 Schilde · Previous seat: Paaiestraat 9, 2500 Lier
  2. · Gazette deed Merger: Algemene Ondernemingen Aerts takes over NIGHTINGALE FINANCEResignations: De Bie François Paul, De Bie Patrick and De Bie Pascal · Reappointments: De Bie François Paul, De Bie Patrick and De Bie Pascal
  3. · Gazette deed Resignation: Immo Hagenbroek NV (director)
All 20 events

Comparable companies

These companies have the same main activity as Algemene Ondernemingen Aerts: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €6.2m and €24m, founded between 1968 and 1991.

CompanyTotal assetsGross margin
Algemene Ondernemingen Aerts Schilde€11.1m€13.1m
DELEERSNYDER Zulte€14.2m€3.2m
Bouwbedrijf G. Sels Schilde€8.0m€2.0m
DISA International Holding Beerse€6.2m-
ORELIA BOUW Wommelgem€8.8m-
SCHOUKENS Halle€9.7m-
WIESEN-PIRONT Amel€24.2m-
Full comparison

Key facts about Algemene Ondernemingen Aerts

What is the company number of Algemene Ondernemingen Aerts?
The company number of Algemene Ondernemingen Aerts is 0403.868.408. The VAT number is the same number with BE in front: BE 0403.868.408.
Where is Algemene Ondernemingen Aerts based?
The registered office is at Dorpsstraat 23, 2970 Schilde.Company details
What does Algemene Ondernemingen Aerts do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Algemene Ondernemingen Aerts?
The legal form of Algemene Ondernemingen Aerts is Public limited company (NV).
When was Algemene Ondernemingen Aerts founded?
Algemene Ondernemingen Aerts was founded on 27-02-1954.
Is Algemene Ondernemingen Aerts still active?
Yes, Algemene Ondernemingen Aerts is an active enterprise in the KBO register.
How many employees does Algemene Ondernemingen Aerts have?
Algemene Ondernemingen Aerts had an average of 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Algemene Ondernemingen Aerts?
The turnover in financial year 2025 is ≈ €23.0m. This figure is estimated from the gross margin of €13.1m and 1,584 comparable companies of the same size. It probably lies between €15.0m and €37.0m. It is a rough estimate. In financial year 2023 turnover was €463,293.
Is Algemene Ondernemingen Aerts profitable?
In financial year 2025, Algemene Ondernemingen Aerts made a profit of €9.8m.
Where can I find the annual accounts of Algemene Ondernemingen Aerts?
Algemene Ondernemingen Aerts filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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