Active BE 0407.624.484Non-profit association

Aurora

Kloostermuur 2 ·1702 Dilbeek, Belgium· 56 yrs active

Sector: Other cleaning activities (81230)

Conclusion Checked

Aurora has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.78M and a net result of €146k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 95% of 1074 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€1.78M
Net result	€146k
Staff (FTE)	44.7
Better than sector	95%

Financial profile 5 of 5 axes measured · computed by Checked

77 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94

Profitability 41

Solvency 100

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

< 0.1% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1969, 56 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

94 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€170k

estimate, not credit advice

Score history

93 2021

93 2022

86 2023

94 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 8.94 (≥ 1.5) +10

Quick ratio Quick ratio 8.92 (≥ 1.0) +5

Leverage Debt/equity 0.10 (< 1.0) +10

Profitability ROE 8% +3

Interest coverage Interest coverage 63.3× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~10%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 81, Services to buildings and landscape activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	90.8%	42.0%	better than 95% of 1074 sector peers
Net result	€146k	€38k	better than 78% of 1072 sector peers
Equity	€1.78M	€323k	better than 89% of 1074 sector peers
Gross operating margin	€1.52M	€369k	better than 90% of 1068 sector peers
Staff costs	€1.34M	€279k	higher than 90% of 792 sector peers

EBITDA

€175k

+18.5% 21-24

Net profit

€146k

+30.9% 21-24

Cash flow

€185k

+22.4% 21-24

Total assets

€1.96M

+9.1% 21-24

Equity

€1.78M

+9.0% 21-24

Working capital

€1.43M

+12.7% 21-24

Employees (FTE)

45

-0.2% 21-24

Staff costs

€1.34M

+13.7% 21-24

Income taxes

€6k

+1258.1% 21-24

Debt

€180k

+10.2% 21-24

Debt ≤ 1y

€180k

+11.7% 21-24

Current ratio

8.94

+0.8% 21-24

Quick ratio

8.92

+0.7% 21-24

Solvency

90.8%

-0.1% 21-24

Debt / equity

0.10

+1.1% 21-24

ROE

8.2%

+20.1% 21-24

ROA

7.5%

+20.0% 21-24

Interest coverage

63.28

+6.1% 21-24

Figures by fiscal year and ratios

Change versus the prior fiscal year, coloured by direction (green = favourable).

Fiscal year	2024 Δ	2023 Δ	2022 Δ	2021 Δ
Deposit	abbreviated schema	abbreviated schema	abbreviated schema	abbreviated schema
Revenue	-	-	-	-
EBITDA	+18.5%	-43.2%	+11.8%	-
Net profit	+30.9%	-47.9%	-1.5%	-
Cash flow	+22.4%	-40.8%	+9.6%	-
Staff costs	+13.7%	-1.0%	-0.6%	-
Income taxes	+1258.1%	+2.0%	+6.4%	-
Dividends	-	-	-	-
Total assets	+9.1%	+5.9%	+18.3%	-
Equity	+9.0%	+8.3%	+18.3%	-
Debt	+10.2%	-13.3%	+17.7%	-
of which ≤ 1y	+11.7%	-11.8%	+18.3%	-
of which > 1y	-	-	-	-
Working capital	+12.7%	+14.0%	+30.5%	-
Employees (FTE)	-0.2%	+3.5%	+1.4%	-

Ratios (computed)

	2024	2023	2022	2021
Current ratio	8.94	8.87	7.09	6.52
Quick ratio	8.92	8.86	7.07	6.50
Working capital ratio	73.0%	70.7%	65.7%	59.5%
Solvency	90.8%	90.9%	88.9%	88.8%
Debt / equity	0.10	0.10	0.13	0.13
Long-term debt ratio	-	-	-	-
Interest coverage	63.28	59.66	28.11	37.00
Gross margin	-	-	-	-
Net margin	-	-	-	-
ROA	7.5%	6.2%	12.7%	15.2%
ROE	8.2%	6.9%	14.3%	17.2%
EBITDA margin	-	-	-	-
Days sales outstanding	-	-	-	-
Days payable outstanding	-	-	-	-
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €347k · 17.8% Current assets €1.61M · 82.2%

Equity & liabilities

Equity €1.78M · 90.8% Debt €180k · 9.2%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.96M	€1.79M	€1.69M	€1.43M
Fixed assets	21/28	€347k	€365k	€399k	€426k
Tangible fixed assets	22/27	€347k	€365k	€399k	€426k
Current assets	29/58	€1.61M	€1.43M	€1.29M	€1.01M
Stocks & contracts in progress	3	€5k	€2k	€4k	€4k
Amounts receivable within one year	40/41	€137k	€130k	€152k	€120k
Investments	50/53	€1.03M	€26k	€25k	€27k
Cash & bank	54/58	€435k	€1.26M	€1.11M	€852k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.96M	€1.79M	€1.69M	€1.43M
Equity	10/15	€1.78M	€1.63M	€1.50M	€1.27M
Reserves	13	€321k	€318k	€301k	€279k
Accumulated profits (losses)	14	€1.44M	€1.29M	€1.18M	€967k
Amounts payable	17/49	€180k	€163k	€188k	€160k
Amounts payable within one year	42/48	€180k	€161k	€182k	€154k
Trade debts payable within one year	44	€11k	€32k	€35k	€15k
Income statement
Gross operating margin	9900	€1.52M	€1.36M	€1.48M	€1.44M
Operating result	9901	€137k	€109k	€221k	€219k
Financial income	75	€18k	€6k	€4k	€6k
Financial charges	65	€3k	€2k	€9k	€6k
Result before taxes	9903	€152k	€112k	€215k	€219k
Income taxes	67/77	€6k	€418	€410	€386
Net result for the period	9904	€146k	€112k	€215k	€218k
Result to be appropriated	9905	€146k	€112k	€215k	€218k

Directors & mandates 12 directors

Current directors & mandates

Maaike Verhelst
Director
State Gazette act 25035104 (13-03-2025)

Current
13-03-2025 → present
Henri VANDEN MEERSSCHE
Director
State Gazette act 24088271 (11-06-2024)

Current
11-06-2024 → present
Rita MATTHYS
Bestuurder raad van bestuur
State Gazette act 21075035 (24-06-2021)

Current
24-06-2021 → present
Marc GUNST
Voorzitter raad van bestuur
State Gazette act 21075035 (24-06-2021)

Current
23-04-2019 → present
2 events
- 24-06-2021 Appointed· Voorzitter raad van bestuur
- 23-04-2019 Appointed· Director

Historic, not recently confirmed (3)

These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.

Els Du Bois
Director
State Gazette act 19055635 (23-04-2019)

Not recently confirmed
last confirmed in an act from 2019
Jaco Vankelecom
Secretary
State Gazette act 19055635 (23-04-2019)

Not recently confirmed
last confirmed in an act from 2019
2 events
- 23-04-2019 Appointed· Secretary
- 09-12-2014 Appointed· Secretary
Olivier Destuyver
Director (executive)
State Gazette act 19055635 (23-04-2019)

Not recently confirmed
last confirmed in an act from 2019

Former directors (5)

Christiaan Verhelst
Director
State Gazette act 19055635 (23-04-2019)

Former
23-04-2019 → 13-03-2025
2 events
- 13-03-2025 Resigned· Director
- 23-04-2019 Appointed· Director
Guido Verhelst
Chair
State Gazette act 19055635 (23-04-2019)

Former
09-12-2014 → 13-03-2025
5 events
- 13-03-2025 Resigned· Director
- 24-06-2021 Resigned· Voorzitter raad van bestuur
- 23-04-2019 Appointed· Chair
- 09-12-2014 Resigned· Secretary
- 09-12-2014 Appointed· Chair
Agnes Longin
Director
State Gazette act 19055635 (23-04-2019)

Former
23-04-2019 → 24-06-2021
2 events
- 24-06-2021 Resigned· Bestuurder raad van bestuur
- 23-04-2019 Appointed· Director
Ivo de BISSCHOP
Director
State Gazette act 18050275 (22-03-2018)

Former
- → 22-03-2018
Louis MARISSENS
Chair
State Gazette act 14219895 (09-12-2014)

Former
- → 09-12-2014

Legal Structure

NACE primary	Other cleaning activities(81230)
Legal form	Non-profit association(017)
Incorporation	27-11-1969
Status	Active
Postal code	1702

Establishment units 1 location

Aurora

Kloostermuur 2a, 1702 DilbeekEducation

since 20062.153.750.188

Real-estate footprint Source: CBE × cadastre

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23026B0224/00L004 ProtectedMonument · Townscape or village viewSint-WivinakloosterSource ↗	Flanders	6.9 ha	1 · 249 m²	7.9 m · 1 fl.
23026B0217/00G000 ProtectedMonument · Townscape or village viewSint-WivinakloosterSource ↗	Flanders	6,143 m²	1 · 1,054 m²	8.1 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Updates 14 events

All 15Financial 1Gazette 8Filings 6

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 31 days late

13-03

State Gazette act Director changes

v3.2

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 30 days late

11-06

State Gazette act Director changes

v3.2

2023

31-12

Financial Weakest financial yearnet €112k ▼47.9%

Net result drops to €112k, the lowest in the series; recovery starts the following year.

03-04

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

26-04

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

24-06

State Gazette act Director changes

v3.2

02-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

26-06

State Gazette act Statutes amendment

v3.2

19-03

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

23-04

State Gazette act Director changes

v3.2

2018

22-03

State Gazette act Director changes

v3.2

2016

30-08

State Gazette act Director changes

v3.2

2014

09-12

State Gazette act Director changes

v3.2

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 14 acts read

We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 8 acts

All acts · 8 updated 1 year ago

2025

13-03-2025 1 director appointed, 2 resigning Director changes

Maaike Verhelst, Bestuurder
Guido Verhelst, Bestuurder
Christiaan Verhelst, Bestuurder

Summary: v3.2

Original publication ↗

Technical details

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2024

11-06-2024 Henri VANDEN MEERSSCHE appointed as director Director changes

Henri VANDEN MEERSSCHE, Bestuurder

Summary: v3.2

Original publication ↗

Technical details

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2021

24-06-2021 2 directors appointed, 2 resigning Director changes

Marc GUNST, Voorzitter raad van bestuur
Rita MATTHYS, Bestuurder raad van bestuur
Guido VERHELST, Voorzitter raad van bestuur
Agnes LONGIN, Bestuurder raad van bestuur

Summary: v3.2

Original publication ↗

Technical details

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2020

26-06-2020 Articles of association amended Statutes amendment

Summary: v3.2

Original publication ↗

Technical details

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2019

23-04-2019 7 directors appointed Director changes

Els Du Bois, Bestuurder
Guido Verhelst, Voorzitter
Jaco Vankelecom, Secretaris
Agnes Longin, Bestuurder
Marc Gunst, Bestuurder
Christiaan Verhelst, Bestuurder
Olivier Destuyver, Directeur

Summary: v3.2

Original publication ↗

Technical details

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2018

22-03-2018 Ivo de BISSCHOP resigns as director Director changes

Ivo de BISSCHOP, Bestuurder

Summary: v3.2

Original publication ↗

Technical details

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2016

30-08-2016 Change in the board of directors Director changes

Summary: v3.2

Original publication ↗

Technical details

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2014

09-12-2014 2 directors appointed, 2 resigning Director changes

Guido VERHELST, Voorzitter
Jaco VANKELECOM, Secretaris
Louis MARISSENS, Voorzitter
Guido VERHELST, Secretaris

Summary: v3.2

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Other cleaning activities8123085322Social work activities without accommodation88993Printing and reproduction of recorded media18140Painting of buildings43341Landscape service activities81300

Names & trade names

Legal nameNL

Aurora

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