S.A. AEDES IMMO
ActiveS.A. AEDES IMMO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €14k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 92% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 41.48 against 24.73 in 2024; short-term debt: 1% and cash: 7.5% of total assets), and 4.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.7%
Return on assets
1.1%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
17 d late
2023
43 d early
2022
6 d early
2021
26 d late
2020
12 d late
2019
10 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▼ 22.0%
2024 · €18k
2019: €61k
2020: €8k
2021: €-4k
2022: €-18k
2023: €16k
2024: €18k
2019 → 2025
Working capital
€526k▲ 10.0%
2024 · €479k
2019: €421k
2020: €273k
2021: €323k
2022: €357k
2023: €417k
2024: €479k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.22M-€1.21M▼ 1.4%€1.22M▲ 1.3%€1.24M▲ 1.5%€1.26M▲ 1.1%
Operating result€-3k-€-22k▼ 784%€20k€24k▲ 20.1%€12k▼ 51.3%
Net result€-4k-€-18k▼ 327%€16k€18k▲ 10.2%€14k▼ 22.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€772k▼ 4.7%
Current assets
€539k▲ 8.2%
Equity and liabilities €1.31M
Equity
€1.26M▲ 1.1%
Provisions
€43k▼ 8.9%
Debt
€13k▼ 35.5%
The debt ratio falls from 1.5% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2024 · €72k
Cash flow
€61k▼
2024 · €65k
Solvency
95.7%▲
2024 · 94.9%
Current ratio
41.48▲
2024 · 24.73
Quick ratio
41.48▲
2024 · 24.73
Debt / equity
0.01▼
2024 · 0.02
ROE
1.1%▼
2024 · 1.4%
ROA
1.1%▼
2024 · 1.4%
Interest coverage
566.43▼
2024 · 686.03
Debt
€13k▼
2024 · €20k
Debt ≤ 1 year
€13k▼
2024 · €20k
Income taxes
€9k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.31M€1.31M▲
Fixed assets21/28€810k€772k▼
Tangible fixed assets22/27€809k€771k▼
Land and buildings22€585k€552k▼
Plant, machinery and equipment23€216k€211k▼
Furniture and vehicles24€8k€8k▼
Financial fixed assets28€615€615=
Current assets29/58€499k€539k▲
Amounts receivable after more than one year29€60k€60k=
Other amounts receivable291€60k€60k=
Amounts receivable within one year40/41€3k€22k▲
Other amounts receivable41€3k€22k▲
Current investments50/53€200k€350k▲
Cash at bank and in hand54/58€228k€98k▼
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.31M€1.31M▲
Equity10/15€1.24M€1.26M▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€78k€65k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€70k€58k▼
Profit (loss) carried forward14€1.09M€1.11M▲
Provisions and deferred taxes16€47k€43k▼
Deferred taxes168€47k€43k▼
Amounts payable17/49€20k€13k▼
Amounts payable within one year42/48€20k€13k▼
Trade debts44€130€3k▲
Suppliers440/4€130€3k▲
Taxes, remuneration and social security45€20k€10k▼
Taxes450/3€20k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€47k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€79k€67k▼
Operating profit (loss)9901€24k€12k▼
Financial income75/76B€1k€8k▲
Recurring financial income75€1k€8k▲
Financial charges65/66B€104€104=
Recurring financial charges65€104€104=
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€25k€19k▼
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€11k€9k▼
Profit (loss) for the period9904€18k€14k▼
Transfer from tax-exempt reserves789€13k€13k=
Profit (loss) for the period to be appropriated9905€30k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.09M€1.11M▲
Profit (loss) brought forward from the previous period14P€1.06M€1.09M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 17 days late
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 86.24
Current ratio from 24.46 to 86.24; short-term debt falls from €14k to €4k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2020
31-12
Financial
Liquidity times 10current ratio 29.29
Current ratio from 2.92 to 29.29; short-term debt falls from €220k to €10k.
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Namur · 3 establishment units since 1989
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.
Route des Canons 45000 NamurGround area
284 m²
Building footprint
285 m²
Volume, LiDAR
1,680 m³
2 parcels, Wallonia · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Hauptstrasse 241, 4760 Büllingen
since 19892.044.475.730
Place de la Gare 8, 4400 Flémalle
since 19962.044.475.631
Place St-Germain 7, 4500 Huy
since 19972.044.475.532
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62037B0511/00P002 | Wallonia | 163 m² | 1 · 159 m² | 13.1 m · 4 fl. |
| 92302G0408/00L002 | Wallonia | 121 m² | 1 · 126 m² | - |
Linked by address, not proof of ownership
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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,070 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-08-1989
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.