AREDO
Annual accounts 2025
micro format, filed on 15-05-2026, 77 days before the deadline€18,907
▲ 23.8%
€13,196
▲ 39.4%
€9,964
▲ 52.4%
€52,044
▲ 37.0%
91.1%
▲ 2.6 percentage points
10.72
▲ 2.69
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €71,000 and €260,000.
Balance sheet
balance sheet total €60,375 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
91.1%
Higher than 91% of 13,800 companies in 2025.
10.72
Higher than 91% of 13,181 companies in 2025.
16.5%
Higher than 79% of 13,360 companies in 2025.
AREDO
Middle half of the sector
80% of the sector
Micro accounts in wholesale trade (NACE 46)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
60,375 | 50,919 | 48,519 | 49,161 | 34,129 | 15,324 | 9,199 | 11,131 | 11,127 | 4,341 | 7,556 | 28,360 | 24,064 | 15,212 | |
21/28 |
2,975 | 7,533 | 12,092 | 12,909 | 16,686 | 25 | 25 | 25 | 25 | 25 | 25 | - | - | - | |
22/27 |
2,950 | 7,508 | 12,067 | 12,884 | 16,661 | - | - | - | - | - | - | - | - | - | |
24 |
2,950 | 7,508 | 12,067 | 12,884 | 16,661 | - | - | - | - | - | - | - | - | - | |
28 |
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | - | - | - | |
29/58 |
57,400 | 43,386 | 36,427 | 36,253 | 17,443 | 15,299 | 9,174 | 11,106 | 11,102 | 4,316 | 7,531 | 28,360 | 24,064 | 15,212 | |
40/41 |
38,503 | 32,953 | 34,453 | 28,271 | 7,379 | 10,256 | 9,023 | 10,891 | 10,554 | 4,296 | 6,584 | 25,697 | 22,851 | 13,273 | |
40 |
505 | 626 | 3,989 | 5,644 | 1,029 | 598 | 1,067 | 540 | 472 | 472 | 1,945 | 9,366 | 14,499 | 9,831 | |
41 |
37,998 | 32,327 | 30,464 | 22,627 | 6,350 | 9,659 | 7,956 | 10,351 | 10,083 | 3,825 | 4,639 | 16,331 | 8,352 | 3,442 | |
54/58 |
18,447 | 9,953 | 1,404 | 7,398 | 9,280 | 4,890 | 134 | 151 | 547 | 19 | 947 | 2,663 | 1,213 | 1,939 | |
490/1 |
450 | 480 | 570 | 584 | 785 | 152 | 18 | 63 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
60,375 | 50,919 | 48,519 | 49,161 | 34,129 | 15,324 | 9,199 | 11,131 | 11,127 | 4,341 | 7,556 | 28,360 | 24,064 | 15,212 | |
10/15 |
55,019 | 45,055 | 38,515 | 36,937 | 24,747 | 9,166 | 516 | -546 | -403 | -3,739 | 2,185 | 4,334 | 3,506 | 2,215 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
100 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
53,019 | 43,055 | 36,515 | 34,937 | 22,747 | 7,166 | 200 | 200 | 200 | 200 | 200 | 2,334 | 1,506 | 215 | |
130/1 |
- | - | - | 200 | 200 | 200 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |
1311 |
- | - | - | 200 | 200 | 200 | - | - | - | - | - | - | - | - | |
133 |
53,019 | 43,055 | 36,515 | 34,737 | 22,547 | 6,966 | - | - | - | - | - | 2,134 | 1,306 | 15 | |
14 |
- | - | - | - | - | - | -1,684 | -2,746 | -2,603 | -5,939 | -15 | - | - | - | |
17/49 |
5,356 | 5,864 | 10,004 | 12,225 | 9,381 | 6,158 | 8,684 | 11,677 | 11,530 | 8,080 | 5,371 | 24,026 | 20,558 | 12,997 | |
17 |
- | 438 | 1,313 | - | - | - | - | - | - | - | - | - | - | - | |
170/4 |
- | 438 | 1,313 | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
5,356 | 5,404 | 8,675 | 12,225 | 9,381 | 6,158 | 8,684 | 11,677 | 11,530 | 8,080 | 5,371 | 24,026 | 20,558 | 12,997 | |
42 |
438 | 875 | 875 | - | - | - | - | - | - | - | - | - | - | - | |
43 |
- | - | 1,196 | 2,196 | 2,011 | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | 1,196 | 2,196 | 2,011 | - | - | - | - | - | - | - | - | - | |
44 |
311 | 539 | 982 | 514 | 1,199 | 720 | 5,059 | 8,634 | 8,055 | 7,743 | 1,410 | 17,863 | 13,046 | 8,738 | |
440/4 |
311 | 539 | 982 | 514 | 1,199 | 720 | 5,059 | 8,634 | 8,055 | 7,743 | 1,410 | 17,863 | 13,046 | 8,738 | |
45 |
4,607 | 3,989 | 5,621 | 9,514 | 6,171 | 5,438 | 3,625 | 3,043 | 3,475 | 336 | 3,961 | 6,163 | 7,512 | 4,259 | |
450/3 |
4,607 | 3,989 | 3,488 | 8,559 | 6,171 | 5,438 | 3,625 | 3,043 | 3,475 | 336 | 3,961 | 6,163 | 7,512 | 4,259 | |
454/9 |
- | - | 2,133 | 955 | - | - | - | - | - | - | - | - | - | - | |
492/3 |
- | 22 | 16 | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
9900 |
18,907 | 15,273 | 8,030 | 22,554 | 24,710 | 12,069 | 2,117 | 949 | 4,456 | -5,437 | -1,812 | 7,185 | 8,462 | 6,887 | |
630 |
4,558 | 4,558 | 4,151 | 3,777 | 2,225 | - | - | - | - | - | - | - | - | 1,000 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | 2,246 | - | - | |
640/8 |
1,154 | 1,249 | 1,062 | 1,581 | 1,723 | 521 | 707 | 961 | 746 | 788 | 1,115 | 865 | 793 | 966 | |
9901 |
13,196 | 9,465 | 2,817 | 17,196 | 20,762 | 11,547 | 1,410 | -12 | 3,710 | -6,226 | -2,927 | 4,074 | 7,669 | 4,921 | |
75/76B |
1,901 | 1,902 | 1,412 | 1,033 | 505 | 855 | 770 | 880 | 594 | 375 | 876 | 1,086 | 583 | - | |
75 |
1,901 | 1,902 | 1,412 | 1,033 | 505 | 855 | 770 | 880 | 594 | 375 | 876 | 1,086 | 583 | - | |
65/66B |
242 | 492 | 403 | 117 | 77 | 62 | 160 | 176 | 150 | 73 | 88 | 461 | 143 | 187 | |
65 |
242 | 492 | 403 | 117 | 77 | 62 | 160 | 176 | 150 | 73 | 88 | 461 | 143 | 187 | |
9903 |
14,855 | 10,875 | 3,826 | 18,112 | 21,190 | 12,340 | 2,020 | 692 | 4,154 | -5,924 | -2,139 | 4,699 | 8,109 | 4,734 | |
67/77 |
4,890 | 4,336 | 2,248 | 5,923 | 5,609 | 3,690 | 958 | 835 | 818 | - | 10 | 2,072 | 3,318 | 3,119 | |
9904 |
9,964 | 6,540 | 1,578 | 12,189 | 15,581 | 8,650 | 1,062 | -143 | 3,336 | -5,924 | -2,149 | 2,627 | 4,791 | 1,615 | |
9905 |
9,964 | 6,540 | 1,578 | 12,189 | 15,581 | 8,650 | 1,062 | -143 | 3,336 | -5,924 | -2,149 | 2,627 | 4,791 | 1,615 | |
| Appropriation of the result | |||||||||||||||
9906 |
9,964 | 6,540 | 1,578 | 12,189 | 15,581 | 6,966 | -1,684 | -2,746 | -2,603 | -5,939 | -2,149 | 2,627 | 4,791 | 1,615 | |
791/2 |
- | - | - | - | - | - | - | - | - | - | 2,134 | - | - | - | |
691/2 |
9,964 | 6,540 | 1,578 | 12,189 | 15,581 | 6,966 | - | - | - | - | - | 827 | 1,291 | 215 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 200 | |
6921 |
9,964 | 6,540 | 1,578 | 12,189 | 15,581 | 6,966 | - | - | - | - | - | 827 | 1,291 | 15 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | 1,800 | 3,500 | 1,400 | |
694 |
- | - | - | - | - | - | - | - | - | - | - | 1,800 | 3,500 | 1,400 | |
| Document | |||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 15-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-05-2026 | 2026-00113107 | |
| 31-12-2024 | micro format | 17-04-2025 | 2025-00072787 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00179068 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00193063 | |
| 31-12-2021 | micro format | 12-05-2022 | 2022-20026341 | |
| 31-12-2020 | micro format | 09-06-2021 | 2021-18500035 | |
| 31-12-2019 | micro format | 05-08-2020 | 2020-39200269 | |
| 31-12-2018 | micro format | 09-09-2019 | 2019-63800142 | |
| 31-12-2017 | micro format | 18-09-2018 | 2018-63300309 | |
| 31-12-2016 | micro format | 17-08-2017 | 2017-44000144 | |
| 31-12-2015 | abbreviated format | 25-08-2016 | 2016-46800501 | |
| 31-12-2014 | abbreviated format | 08-09-2015 | 2015-58200391 | |
| 31-12-2013 | abbreviated format | 21-10-2014 | 2014-65100064 | |
| 31-12-2012 | abbreviated format | 25-09-2013 | 2013-59300103 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17,754 | 14,023 | 6,968 | 20,973 | 22,986 | - | - | - | - | - | - | - | - | 5,921 | ||
| 14,523 | 11,098 | 5,729 | 15,966 | 17,806 | - | - | - | - | - | - | - | - | 2,615 | ||
| 0 | 0 | 3,334 | 0 | 18,885 | - | - | - | - | - | 25 | - | - | - | ||
| 8,495 | 8,549 | -5,994 | -1,882 | 4,390 | 4,757 | -18 | -396 | 528 | -928 | -1,716 | 1,450 | -726 | - | ||
| 52,044 | 37,981 | 27,752 | 24,028 | 8,062 | 9,141 | 491 | -571 | -428 | -3,764 | 2,160 | 4,334 | 3,506 | 2,215 | ||
| 91.1% | 88.5% | 79.4% | 75.1% | 72.5% | 59.8% | 5.6% | -4.9% | -3.6% | - | 28.9% | 15.3% | 14.6% | 14.6% | ||
| 10.72 | 8.03 | 4.20 | 2.97 | 1.86 | 2.48 | 1.06 | 0.95 | 0.96 | - | 1.40 | 1.18 | 1.17 | 1.17 | ||
| 0.10 | 0.13 | 0.26 | 0.33 | 0.38 | 0.67 | - | - | - | - | 2.46 | 5.54 | 5.86 | 5.87 | ||
| 18.1% | 14.5% | 4.1% | 33.0% | 63.0% | 94.4% | - | - | - | - | -98.4% | 60.6% | 136.7% | 72.9% | ||
| 16.5% | 12.8% | 3.3% | 24.8% | 45.7% | 56.4% | 11.5% | -1.3% | 30.0% | - | -28.4% | 9.3% | 19.9% | 10.6% | ||
| 73.36 | 28.53 | 17.28 | over 100 | over 100 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €3,334 | - | €18,885 |
| €4,558 | €4,558 | €4,151 | €3,777 | €2,225 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on AREDO
The operating result for 2025 is 39% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 11.5% to 8.9%. Equity is higher and debt is lower.