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AURE

Active
Public limited companyfounded 198244 yrs activeLouizalaan 480, 1050 Brussel, BelgiumKBO/BCE: BE 0423.180.019
Summary

AURE has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.68M and a net result of €4k. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+4
Solvency83▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.14 in 2024; short-term debt: 42.3% and cash: 0.3% of total assets), and 42.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.7%
Return on assets
0%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
31 d early
2023
19 d early
2022
29 d late
2021
24 d late
2020
31 d late
2019
91 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k
2024 · €-162k
2018: €-154k 2019: €82.84M 2020: €-109k 2021: €-63.56M 2022: €44k 2023: €298k 2024: €-162k
2018 → 2025
Working capital
€5.68M▲ 2.7%
2024 · €5.53M
2018: €7.73M 2019: €1.41M 2020: €753k 2021: €-9.99M 2022: €-4.02M 2023: €-4.05M 2024: €5.53M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€6.18M-€6.22M▲ 0.7%€6.52M▲ 4.8%€5.68M▼ 12.9%€5.68M▲ 0.1%
Operating result€-94k-€-94k=€-34k▲ 63.8%€-49k▼ 45.0%€-6k▲ 87.9%
Net result€-63.56M-€44k€298k▲ 573%€-162k€4k
Result per fiscal year
Operating resultNet result
€-80.00M€-60.00M€-40.00M€-20.00M€0Operating result 2021: €-94k€-94kNet result 2021: €-63.56M€-63.56MOperating result 2022: €-94k€-94kNet result 2022: €44k€44kOperating result 2023: €-34k€-34kNet result 2023: €298k€298kOperating result 2024: €-49k€-49kNet result 2024: €-162k€-162kOperating result 2025: €-6k€-6kNet result 2025: €4k€4k20212022202320242025€-200k€0€200kOperating result 2023: €-34k€-34kNet result 2023: €298k€298kOperating result 2024: €-49k€-49kNet result 2024: €-162k€-162kOperating result 2025: €-6k€-6kNet result 2025: €4k€4.1k202320242025
The operating result stays negative: a loss of €6k in 2025 against €49k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.85M
Fixed assets €5k ▼ 96.6%
Current assets €9.84M ▼ 5.0%
Equity and liabilities €9.85M
Equity €5.68M ▲ 0.1%
Debt €4.17M ▼ 13.9%
Debt's share of the balance-sheet total falls from 46.0% to 42.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.36
2024 · 2.14
Debt to equity
0.73
2024 · 0.85
ROE
0.1%
2024 · -2.8%
ROA
0.0%
2024 · -1.5%
Debt ≤ 1 year
€4.17M
2024 · €4.84M
Income taxes
€1k
2024 · €28k
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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€10.52M€9.85M
Fixed assets21/28€149k€5k
Financial fixed assets28€149k€5k
Current assets29/58€10.37M€9.84M
Amounts receivable within one year40/41€9.12M€8.59M
Trade receivables40€58k€67k
Other amounts receivable41€9.06M€8.52M
Current investments50/53€1.23M€1.23M=
Cash at bank and in hand54/58€19k€26k
Deferred charges and accrued income490/1€380€7k
Equity and liabilities
Total equity and liabilities10/49€10.52M€9.85M
Equity10/15€5.68M€5.68M
Contributions10/11€1.16M€1.16M=
Capital10€1.16M€1.16M=
Issued capital100€1.16M€1.16M=
Reserves13€1.23M€1.23M=
Non-distributable reserves130/1€1.23M€1.23M=
Legal reserve130€6k€6k=
Own shares acquired1312€1.23M€1.23M=
Profit (loss) carried forward14€3.29M€3.29M
Amounts payable17/49€4.84M€4.17M
Amounts payable within one year42/48€4.84M€4.17M
Trade debts44€5k€8k
Suppliers440/4€5k€8k
Taxes, remuneration and social security45€117k€30k
Taxes450/3€117k€30k
Other amounts payable47/48€4.72M€4.13M
Income statement Code20242025
Other operating charges640/8€997-
Gross operating margin9900€-48k€-6k
Operating profit (loss)9901€-49k€-6k
Financial income75/76B€524k€12k
Recurring financial income75€524k€12k
Financial charges65/66B€608k€882
Recurring financial charges65€2k€882
Non-recurring financial charges66B€606k-
Profit (loss) for the period before taxes9903€-133k€5k
Income taxes67/77€28k€1k
Profit (loss) for the period9904€-162k€4k
Profit (loss) for the period to be appropriated9905€-162k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€3.96M€3.29M
Profit (loss) brought forward from the previous period14P€4.13M€3.29M
Profit to be distributed694/7€678k-
Return on contributions (dividend)694€678k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
19-03
State Gazette act Resignation: Emmanuel Barthelemy de Saizieu (managing director)
Appointment: Jean-Louis Waucquez (managing director) · Registered-office move · Director discharge6 facts ▸
  • Board meeting, 31/05/2025
  • Registered-office move, Avenue Louise. 480/17ème à 1050 Bruxelles
  • Director resignation, Emmanuel Barthelemy de Saizieu (managing director)
  • Director discharge, Emmanuel Barthelemy de Saizieu
  • Director appointment, Jean-Louis Waucquez (managing director)
  • Power of attorney, Xerius Contact ASBL
2025
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Liquidity triplescurrent ratio 2.14
Current ratio from 0.71 to 2.14; short-term debt falls from €13.80M to €4.84M.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial Back to profitnet €44k
Net result €44k after 2 loss-making years.
24-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial Weakest financial yearnet €-63.56M
Net result drops to €-63.56M, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
Show earlier events
2019
31-12
Financial Back to profitnet €82.84M
Net result €82.84M after one loss-making year.
31-12
Financial Equity above €50MEq €80.05M ▲704%
Equity rises from €9.95M to €80.05M.
01-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 32 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2025
Waucquez Jean-Louis
Managing director · since 31-05-2025
Current
31-05-2025 Waucquez Jean-Louis: Appointed as Managing director
30-05-2025 Emmanuel Barthelemy de Saizieu: Resigned as Managing director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1992
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Louizalaan 4801050 Brussel
Ground area
2,791 m²
Building footprint
1,235 m²
Volume, LiDAR
89,309 m³
Parcel 21822R0227/00V003, Brussels · tallest building 106.8 m, ±30 floors. Linked by address, not a title deed.
1 establishment unit
AURE
Louizalaan 480, 1050 ElseneAir transport
since 19922.021.759.419
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0227/00V003 Brussels 2,791 m² 1 · 1,235 m² 106.8 m · 30 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 10,299 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded16-09-1982
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers

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