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Etablissements Aubert

Active
Public limited companyfounded 1919107 years activePelikaanstraat 20-22, 2018 Antwerpen, BelgiumKBO/BCE: BE 0404.683.703
Summary

Etablissements Aubert has been active since 1919 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€31,570) and a net result of -€1.2m. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 11% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
#3 oldest company in Antwerp, Real estate sector1 site
Size
€1.0mtotal assets 2025
Equity
-€31,570
Loss
-€1.2m
Net result -1,110%: other schema
Financial health
54 Fair Checked score 2025
Bankruptcy probability, 12 months
1.3%
Structure
Parent
DEMA HOTELS INTERNATIONAL · 100%
Board
1 member
Auditor: BV MOORE AUDITAccounts 24 days early2 of 14 deeds read
Why 54Capped at 59: negative equity- Loss of €1.2m, the second in a row (FY 2025)- Negative equity -€31,570- 2 of the last 3 late+ Size: total assets €1.0mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 68, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 22-50
equity -3.1% of total assets
Liquidity 60+36
short-term debt 1.5% · cash 8.2%
Profitability 0-18
return on assets -116.2%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025 10-2025: 1.3%▲ +0.3 percentage points vs 09-2025 11-2025: 0.4%▼ -0.9 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 1.3%● unchanged vs 08-2026highest value 10-2026: 1.3%● unchanged vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 44.39 against 0.28 in 2024; short-term debt: 1.5% and cash: 8.2% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 17% on solvency, 72% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €1.2m, the second in a row (FY 2025)
NBB · annual accounts
lowers risk · Size: total assets €1.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€31,570
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€31,570
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
85 days late
2023
71 days late
2022
3 days early
2021
82 days late
2020
118 days late
2019
290 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 88 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 11 October (4 of the last 5 filed years within 75 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: Andreas Bleeker (director)Appointment: Markus Manuel Harder (director)…
  3. Weakest financial yearnet -€1.2m

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€31,570 View
  • Caution: Result fell in 2025different schema filed ▼ 1,110% View
  • Caution: Among the weakest 5% on net resultsector median €21,361 · 5,675 companies -€1.2m View
  • Caution: Board changedlatest change 31-07-2026 · 1 in office 1 joined · 1 left View
  • Controlled by DEMA HOTELS INTERNATIONALknown shareholders 100% 100% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€1.2m View
  • Active since 1919founded 07-08-1919 107 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.0m
Loss
-€1.2m
Solvency
-3.1%
Total assets▼ 58.2%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
DEMA HOTELS INTERNATIONAL · 100%
Known shareholders
100%
Auditor
BV MOORE AUDIT
Go to Board & ownership

Timeline

Events
18
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity times 157
  2. 09-12-2025Appointment: Moore Audit BV (statutory auditor)
  3. 24-10-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
07-08-1919
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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