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Aula Antwerp Development

Active
Private limited companyfounded 20242 yrs activeFortlaan 1, 9000 Gent, BelgiumKBO/BCE: BE 1013.732.449
Summary

Aula Antwerp Development has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,546) and a net result of -€47,546. Its solvency ranks better than 10% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency1
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74; short-term debt: 112.5% and cash: 2.6% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-23.7%
Return on assets
-30%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
23 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 September 2024, Aula Antwerp Development was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€37,546
Total assets
€158,528
Net result
-€47,546
Working capital
-€45,825

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €158,528
Fixed assets €25,973
Current assets €132,555
Key figures and ratios
2025 value
EBITDA
-€44,873
Cash flow
-€45,665
Solvency
-23.7%
Current ratio
0.74
Quick ratio
0.12
Debt to equity
-5.22
ROA
-30.0%
Interest coverage
-59.97
Debt
€196,073
Debt ≤ 1 year
€178,379
Debt > 1 year
€17,694
Income taxes
€44
Staff costs
€15,973

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.3% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 7,638 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€158,528
Fixed assets21/28€25,973
Tangible fixed assets22/27€25,973
Furniture and vehicles24€25,973
Current assets29/58€132,555
Stocks and contracts in progress3€111,155
Stocks30/36€111,155
Amounts receivable within one year40/41€15,796
Other amounts receivable41€15,796
Cash at bank and in hand54/58€4,061
Deferred charges and accrued income490/1€1,543
Equity and liabilities
Total equity and liabilities10/49€158,528
Equity10/15-€37,546
Contributions10/11€10,000
Profit (loss) carried forward14-€47,546
Amounts payable17/49€196,073
Amounts payable after more than one year17€17,694
Financial debts170/4€17,694
Amounts payable within one year42/48€178,379
Current portion of amounts payable after more than one year42€6,036
Trade debts44€38,035
Suppliers440/4€38,035
Taxes, remuneration and social security45€2,039
Taxes450/3€44
Remuneration and social security454/9€1,995
Other amounts payable47/48€132,270
Income statement Code2025
Remuneration, social security and pensions62€15,973
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,881
Other operating charges640/8€897
Gross operating margin9900-€28,002
Operating profit (loss)9901-€46,753
Financial charges65/66B€748
Recurring financial charges65€748
Profit (loss) for the period before taxes9903-€47,501
Income taxes67/77€44
Profit (loss) for the period9904-€47,546
Profit (loss) for the period to be appropriated9905-€47,546
Appropriation of the result
Profit (loss) to be appropriated9906-€47,546

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

Line2025
Remuneration, social security and pensions62€15,973
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,881
Other operating charges640/8€897
Gross operating margin9900-€28,002
Operating profit (loss)9901-€46,753
Financial charges65/66B€748
Recurring financial charges65€748
Profit (loss) for the period before taxes9903-€47,501
Income taxes67/77€44
Profit (loss) for the period9904-€47,546
Profit (loss) for the period to be appropriated9905-€47,546
Line2025
Assets
Total assets20/58€158,528
Fixed assets21/28€25,973
Tangible fixed assets22/27€25,973
Furniture and vehicles24€25,973
Current assets29/58€132,555
Stocks and contracts in progress3€111,155
Stocks30/36€111,155
Amounts receivable within one year40/41€15,796
Other amounts receivable41€15,796
Cash at bank and in hand54/58€4,061
Deferred charges and accrued income490/1€1,543
Equity and liabilities
Total equity and liabilities10/49€158,528
Equity10/15-€37,546
Contributions10/11€10,000
Profit (loss) carried forward14-€47,546
Amounts payable17/49€196,073
Amounts payable after more than one year17€17,694
Financial debts170/4€17,694
Amounts payable within one year42/48€178,379
Current portion of amounts payable after more than one year42€6,036
Trade debts44€38,035
Suppliers440/4€38,035
Taxes, remuneration and social security45€2,039
Taxes450/3€44
Remuneration and social security454/9€1,995
Other amounts payable47/48€132,270
Line2025
Profit (loss) for the period9904-€47,546
+ Depreciation and write-downs630€1,881
Operating cash flow (approximation)-€45,665

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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Timeline · acts, filings and financial milestones

2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
466 m²
Building footprint
443 m²
Volume, LiDAR
10,621 m³
Parcel 44808H0002/00K000, Flanders · tallest building 28.1 m, ±8 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Aula Antwerp Development
Fortlaan 1, 9000 GentReal estate development
since 20242.363.876.736
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0002/00K000 Flanders 465 m² 1 · 443 m² 28.1 m · 8 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 3,000 EUR awarded
Year Entries awardedpaid
2025 1 3,000 EUR0 EUR
Schemes
1 entry · 3,000 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Contact
E-mail sander.vermeulen@valtor.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013732449
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.