AOH
ActiveSummary
The computed 12-month bankruptcy probability of AOH is 2.7% (moderate). The 2025 annual accounts show equity of €51k and a net result of €9k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 18400 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-8
Solvency65▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.68 in 2024; short-term debt: 59.6% and cash: 61.3% of total assets), but 59.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
40.4%
Return on assets
7.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
6 d early
2023
6 d early
2022
23 d early
2021
25 d early
2020
6 d late
2019
39 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▼ 19.3%
2024 · €63k
2019: €27klowest in 7 years
2020: €40k▲ +46.8% vs 2019
2021: €41k▲ +2.1% vs 2020
2022: €46k▲ +12.6% vs 2021
2023: €43k▼ -5.1% vs 2022
2024: €63k▲ +45.8% vs 2023highest in 7 years
2025: €51k▼ -19.3% vs 2024
2019 → 2025
Total assets
€126k▼ 10.7%
2024 · €141k
2019: €67klowest in 7 years
2020: €104k▲ +54.8% vs 2019
2021: €146k▲ +40.4% vs 2020highest in 7 years
2022: €134k▼ -8.0% vs 2021
2023: €101k▼ -24.5% vs 2022
2024: €141k▲ +39.8% vs 2023
2025: €126k▼ -10.7% vs 2024
2019 → 2025
Net result
€9k▼ 54.9%
2024 · €20k
2019: €15k
2020: €13k▼ -13.6% vs 2019
2021: €830▼ -93.4% vs 2020lowest in 7 years
2022: €5k▲ +516% vs 2021
2023: €21k▲ +315% vs 2022highest in 7 years
2024: €20k▼ -6.4% vs 2023
2025: €9k▼ -54.9% vs 2024
2019 → 2025
Working capital
€43k▼ 18.2%
2024 · €53k
2019: €-7klowest in 7 years
2020: €21k▲ +377% vs 2019
2021: €13k▼ -38.5% vs 2020
2022: €30k▲ +133% vs 2021
2023: €31k▲ +4.5% vs 2022
2024: €53k▲ +72.5% vs 2023highest in 7 years
2025: €43k▼ -18.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€46k▲ 12.6%€43k▼ 5.1%€63k▲ 45.8%€51k▼ 19.3%
2021: €41klowest in 5 years
2022: €46k▲ +12.6% vs 2021
2023: €43k▼ -5.1% vs 2022
2024: €63k▲ +45.8% vs 2023highest in 5 years
2025: €51k▼ -19.3% vs 2024
Operating result€6k-€3k▼ 52.1%€27k▲ 868%€23k▼ 14.2%€14k▼ 38.1%
2021: €6k
2022: €3k▼ -52.1% vs 2021lowest in 5 years
2023: €27k▲ +868% vs 2022highest in 5 years
2024: €23k▼ -14.2% vs 2023
2025: €14k▼ -38.1% vs 2024
Net result€830-€5k▲ 516%€21k▲ 315%€20k▼ 6.4%€9k▼ 54.9%
2021: €830lowest in 5 years
2022: €5k▲ +516% vs 2021
2023: €21k▲ +315% vs 2022highest in 5 years
2024: €20k▼ -6.4% vs 2023
2025: €9k▼ -54.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€8k ▼ 25.0%
Current assets
€119k ▼ 9.7%
Equity and liabilities €126k
Equity
€51k ▼ 19.3%
Debt
€75k ▼ 3.8%
Debt's share of the balance-sheet total rises from 55.3% to 59.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €25k
Cash flow
€11k▼
2024 · €22k
Current ratio
1.58▼
2024 · 1.68
Quick ratio
1.42▼
2024 · 1.54
Debt to equity
1.48▲
2024 · 1.24
ROE
17.6%▼
2024 · 31.4%
ROA
7.1%▼
2024 · 14.0%
Interest coverage
127.50▼
2024 · 242.82
Debt ≤ 1 year
€75k▼
2024 · €78k
Income taxes
€5k▲
2024 · €3k
Staff costs
€131k▼
2024 · €146k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€141k€126k▼
Fixed assets21/28€10k€8k▼
Intangible fixed assets21€10k€8k▼
Current assets29/58€131k€119k▼
Stocks and contracts in progress3€11k€12k▲
Stocks30/36€11k€12k▲
Amounts receivable within one year40/41€15k€29k▲
Trade receivables40€895€2k▲
Other amounts receivable41€14k€27k▲
Cash at bank and in hand54/58€105k€77k▼
Deferred charges and accrued income490/1€613€388▼
Equity and liabilities
Total equity and liabilities10/49€141k€126k▼
Equity10/15€63k€51k▼
Contributions10/11€12k€12k=
Reserves13€735€735=
Non-distributable reserves130/1€735€735=
Reserves not available under the articles1311€735€735=
Profit (loss) carried forward14€50k€38k▼
Amounts payable17/49€78k€75k▼
Amounts payable within one year42/48€78k€75k▼
Trade debts44€46k€7k▼
Suppliers440/4€46k€7k▼
Taxes, remuneration and social security45€32k€50k▲
Taxes450/3€1k€8k▲
Remuneration and social security454/9€31k€42k▲
Other amounts payable47/48-€18k
Income statement
Code20242025
Remuneration, social security and pensions62€146k€131k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€437€85▼
Gross operating margin9900€171k€147k▼
Operating profit (loss)9901€23k€14k▼
Financial income75/76B€439-
Recurring financial income75€439-
Financial charges65/66B€104€131▲
Recurring financial charges65€104€131▲
Profit (loss) for the period before taxes9903€23k€14k▼
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€20k€9k▼
Profit (loss) for the period to be appropriated9905€20k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€59k▲
Profit (loss) brought forward from the previous period14P€30k€50k▲
Shareholders' contribution to the loss794-€17
Profit to be distributed694/7-€21k
Return on contributions (dividend)694-€21k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €98k | - | - | - | - |
| Remuneration, social security and pensions62 | €167k | €203k | €189k | €146k | €131k | ▼ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €5k | €4k | €3k | €3k | = |
| Other operating charges640/8 | €5k | €1k | €438 | €437 | €85 | ▼ 80.5% |
| Gross operating margin9900 | €195k | €213k | €220k | €171k | €147k | ▼ 14.1% |
| Operating profit (loss)9901 | €6k | €3k | €27k | €23k | €14k | ▼ 38.1% |
| Financial income75/76B | €1 | €10k | €0 | €439 | - | - |
| Recurring financial income75 | €1 | €10k | €0 | €439 | - | - |
| Non-recurring financial income76B | - | €10k | - | - | - | - |
| Financial charges65/66B | €166 | €4k | €108 | €104 | €131 | ▲ 25.0% |
| Recurring financial charges65 | €166 | €105 | €108 | €104 | €131 | ▲ 25.0% |
| Non-recurring financial charges66B | - | €4k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €6k | €8k | €27k | €23k | €14k | ▼ 39.6% |
| Income taxes67/77 | €5k | €3k | €5k | €3k | €5k | ▲ 51.5% |
| Profit (loss) for the period9904 | €830 | €5k | €21k | €20k | €9k | ▼ 54.9% |
| Profit (loss) for the period to be appropriated9905 | €830 | €5k | €21k | €20k | €9k | ▼ 54.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146k | €134k | €101k | €141k | €126k | ▼ 10.7% |
| Fixed assets21/28 | €38k | €16k | €13k | €10k | €8k | ▼ 25.0% |
| Intangible fixed assets21 | €18k | €15k | €13k | €10k | €8k | ▼ 25.0% |
| Tangible fixed assets22/27 | €20k | €1k | - | - | - | - |
| Plant, machinery and equipment23 | €1k | - | - | - | - | - |
| Furniture and vehicles24 | €18k | €799 | - | - | - | - |
| Other tangible fixed assets26 | €747 | €349 | - | - | - | - |
| Current assets29/58 | €108k | €118k | €89k | €131k | €119k | ▼ 9.7% |
| Stocks and contracts in progress3 | €2k | €22k | €16k | €11k | €12k | ▲ 9.5% |
| Stocks30/36 | €2k | €22k | €16k | €11k | €12k | ▲ 9.5% |
| Amounts receivable within one year40/41 | €2k | €30k | €429 | €15k | €29k | ▲ 98.5% |
| Trade receivables40 | - | €29k | - | €895 | €2k | ▲ 114% |
| Other amounts receivable41 | €2k | €664 | €429 | €14k | €27k | ▲ 97.5% |
| Cash at bank and in hand54/58 | €101k | €65k | €68k | €105k | €77k | ▼ 26.6% |
| Deferred charges and accrued income490/1 | €3k | €489 | €4k | €613 | €388 | ▼ 36.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146k | €134k | €101k | €141k | €126k | ▼ 10.7% |
| Equity10/15 | €41k | €46k | €43k | €63k | €51k | ▼ 19.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Capital10 | €12k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Uncalled capital101 | €6k | - | - | - | - | - |
| Reserves13 | €735 | €735 | €735 | €735 | €735 | = |
| Non-distributable reserves130/1 | €735 | €735 | €735 | €735 | €735 | = |
| Legal reserve130 | €735 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €735 | €735 | €735 | €735 | = |
| Profit (loss) carried forward14 | €27k | €33k | €30k | €50k | €38k | ▼ 24.4% |
| Provisions and deferred taxes16 | €10k | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €10k | - | - | - | - | - |
| Major repairs and maintenance162 | €10k | - | - | - | - | - |
| Amounts payable17/49 | €95k | €88k | €58k | €78k | €75k | ▼ 3.8% |
| Amounts payable within one year42/48 | €95k | €88k | €58k | €78k | €75k | ▼ 3.8% |
| Trade debts44 | €30k | €46k | €16k | €46k | €7k | ▼ 84.6% |
| Suppliers440/4 | €30k | €46k | €16k | €46k | €7k | ▼ 84.6% |
| Advances received on contracts in progress46 | - | €12k | - | - | - | - |
| Taxes, remuneration and social security45 | €63k | €30k | €22k | €32k | €50k | ▲ 56.4% |
| Taxes450/3 | €5k | - | €6k | €1k | €8k | ▲ 458% |
| Remuneration and social security454/9 | €58k | €30k | €15k | €31k | €42k | ▲ 36.7% |
| Other amounts payable47/48 | €2k | - | €20k | - | €18k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €830 | €5k | €21k | €20k | €9k | ▼ 54.9% |
| + Depreciation and write-downs630 | €17k | €5k | €4k | €3k | €3k | = |
| Operating cash flow (approximation) | €18k | €11k | €25k | €22k | €11k | ▼ 48.8% |
| Investment in fixed assets (approximation) | - | €16k | €0 | €0 | €0 | - |
| Change in cash | - | €-36k | €2k | €37k | €-28k | ▼ 175% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €21k ▲315%
Operating result €27k, net result €21k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €830 ▼93.4%
Net result drops to €830, the lowest in the series; recovery starts the following year.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has 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
6 acts for this company are 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, Sint-Jans-Molenbeek · 1 establishment unit since 2019
Ground area
61 m²
Building footprint
61 m²
Volume, LiDAR
647 m³
Parcel 21523B0779/00T000, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AOH
since 20192.288.733.113
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0779/00T000 | Brussels | 61 m² | 1 · 61 m² | 14.3 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.288.733.113
Similar companies · same sector, comparable size
Tasko
BE 0664.962.714
Antwerpen · Eq €50,980
BAKE SOMEONE HAPPY
BE 0756.837.847
Mechelen · Eq €51,036
WITTOUCK
BE 0460.462.067
Avelgem · Eq €50,697
ELKHAYMA
BE 0630.629.167
Sint-Jans-Molenbeek · Eq €50,569
BROOD - EN BANKETBAKKERIJ B&C
BE 0663.528.795
Heist-op-den-Berg · Eq €51,535
Of 2,404 companies in sector 47241 we hold annual accounts for 1,101. 933 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)
Founded19-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
Scores and ratios are computed by Checked and are not a credit decision.