A&E
ActiveSummary
A&E has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.64M and a net result of €631k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 2344 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-4
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 4.97 against 7.68 in 2024; short-term debt: 20% and cash: 3.5% of total assets), and 20% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
80%
Return on assets
13.8%
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 22-04-2026, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
51 d early
2023
35 d early
2022
14 d early
2021
29 d late
2020
31 d late
2019
12 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.64M▼ 3.2%
2024 · €3.76M
2018: €4.14Mhighest in 8 years
2019: €2.62M▼ -36.7% vs 2018lowest in 8 years
2020: €2.88M▲ +10.0% vs 2019
2021: €3.06M▲ +6.3% vs 2020
2022: €3.40M▲ +11.1% vs 2021
2023: €3.47M▲ +2.1% vs 2022
2024: €3.76M▲ +8.3% vs 2023
2025: €3.64M▼ -3.2% vs 2024
2018 → 2025
Total assets
€4.56M▲ 5.5%
2024 · €4.32M
2018: €4.32M
2019: €3.72M▼ -13.9% vs 2018
2020: €3.64M▼ -2.1% vs 2019lowest in 8 years
2021: €3.85M▲ +5.5% vs 2020
2022: €4.02M▲ +4.5% vs 2021
2023: €4.30M▲ +6.9% vs 2022
2024: €4.32M▲ +0.6% vs 2023
2025: €4.56M▲ +5.5% vs 2024highest in 8 years
2018 → 2025
Net result
€631k▼ 14.4%
2024 · €736k
2018: €690k
2019: €447k▼ -35.2% vs 2018lowest in 8 years
2020: €751k▲ +67.9% vs 2019
2021: €594k▼ -20.8% vs 2020
2022: €742k▲ +24.9% vs 2021
2023: €763k▲ +2.8% vs 2022highest in 8 years
2024: €736k▼ -3.5% vs 2023
2025: €631k▼ -14.4% vs 2024
2018 → 2025
Working capital
€3.63M▼ 2.7%
2024 · €3.73M
2018: €2.96M
2019: €2.57M▼ -13.0% vs 2018
2020: €1.77M▼ -31.4% vs 2019lowest in 8 years
2021: €2.99M▲ +68.9% vs 2020
2022: €3.34M▲ +11.9% vs 2021
2023: €3.42M▲ +2.4% vs 2022
2024: €3.73M▲ +9.0% vs 2023highest in 8 years
2025: €3.63M▼ -2.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.06M-€3.40M▲ 11.1%€3.47M▲ 2.1%€3.76M▲ 8.3%€3.64M▼ 3.2%
2021: €3.06Mlowest in 5 years
2022: €3.40M▲ +11.1% vs 2021
2023: €3.47M▲ +2.1% vs 2022
2024: €3.76M▲ +8.3% vs 2023highest in 5 years
2025: €3.64M▼ -3.2% vs 2024
Operating result€790k-€1.09M▲ 37.8%€1.07M▼ 1.7%€964k▼ 9.9%€758k▼ 21.3%
2021: €790k
2022: €1.09M▲ +37.8% vs 2021highest in 5 years
2023: €1.07M▼ -1.7% vs 2022
2024: €964k▼ -9.9% vs 2023
2025: €758k▼ -21.3% vs 2024lowest in 5 years
Net result€594k-€742k▲ 24.9%€763k▲ 2.8%€736k▼ 3.5%€631k▼ 14.4%
2021: €594klowest in 5 years
2022: €742k▲ +24.9% vs 2021
2023: €763k▲ +2.8% vs 2022highest in 5 years
2024: €736k▼ -3.5% vs 2023
2025: €631k▼ -14.4% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 21% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.56M
Fixed assets
€14k ▼ 58.6%
Current assets
€4.54M ▲ 6.0%
Equity and liabilities €4.56M
Equity
€3.64M ▼ 3.2%
Debt
€914k ▲ 63.7%
Debt's share of the balance-sheet total rises from 12.9% to 20.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€780k▼
2024 · €985k
Cash flow
€652k▼
2024 · €758k
Current ratio
4.97▼
2024 · 7.68
Debt to equity
0.25▲
2024 · 0.15
ROE
17.3%▼
2024 · 19.6%
ROA
13.8%▼
2024 · 17.0%
Interest coverage
2562.60▲
2024 · 306.15
Debt ≤ 1 year
€914k▲
2024 · €558k
Income taxes
€304k▼
2024 · €352k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.32M€4.56M▲
Fixed assets21/28€35k€14k▼
Tangible fixed assets22/27€29k€9k▼
Furniture and vehicles24€29k€9k▼
Financial fixed assets28€6k€6k=
Current assets29/58€4.29M€4.54M▲
Amounts receivable after more than one year29€251k€422k▲
Other amounts receivable291€251k€422k▲
Amounts receivable within one year40/41€3.74M€3.85M▲
Trade receivables40€42k€179k▲
Other amounts receivable41€3.70M€3.67M▼
Current investments50/53€0-
Cash at bank and in hand54/58€135k€158k▲
Deferred charges and accrued income490/1€163k€111k▼
Equity and liabilities
Total equity and liabilities10/49€4.32M€4.56M▲
Equity10/15€3.76M€3.64M▼
Contributions10/11€20k€20k=
Reserves13€3.70M€3.58M▼
Non-distributable reserves130/1€197k€197k=
Reserves not available under the articles1311€197k€197k=
Distributable reserves133€3.50M€3.38M▼
Profit (loss) carried forward14€44k€44k=
Amounts payable17/49€558k€914k▲
Amounts payable within one year42/48€558k€914k▲
Trade debts44€45k€32k▼
Suppliers440/4€45k€32k▼
Taxes, remuneration and social security45€89k€169k▲
Taxes450/3€89k€169k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€425k€713k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€987k€782k▼
Operating profit (loss)9901€964k€758k▼
Financial income75/76B€128k€176k▲
Recurring financial income75€128k€176k▲
Financial charges65/66B€3k€305▼
Recurring financial charges65€3k€305▼
Profit (loss) for the period before taxes9903€1.09M€934k▼
Income taxes67/77€352k€304k▼
Profit (loss) for the period9904€736k€631k▼
Profit (loss) for the period to be appropriated9905€736k€631k▼
Appropriation of the result
Profit (loss) to be appropriated9906€780k€674k▼
Profit (loss) brought forward from the previous period14P€44k€44k=
Transfer from equity791/2€447k€751k▲
Transfer to equity691/2€736k€631k▼
To other reserves6921€736k€631k▼
Profit to be distributed694/7€447k€751k▲
Return on contributions (dividend)694€447k€751k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €330k | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €324 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €21k | €22k | €22k | €22k | ▲ 1.2% |
| Other operating charges640/8 | €129k | €2k | €1k | €2k | €1k | ▼ 13.0% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €959k | €1.11M | €1.09M | €987k | €782k | ▼ 20.8% |
| Operating profit (loss)9901 | €790k | €1.09M | €1.07M | €964k | €758k | ▼ 21.3% |
| Financial income75/76B | €19k | €25k | €72k | €128k | €176k | ▲ 37.8% |
| Recurring financial income75 | €19k | €25k | €72k | €128k | €176k | ▲ 37.8% |
| Financial charges65/66B | €11k | €18k | €2k | €3k | €305 | ▼ 90.5% |
| Recurring financial charges65 | €11k | €18k | €2k | €3k | €305 | ▼ 90.5% |
| Profit (loss) for the period before taxes9903 | €798k | €1.10M | €1.14M | €1.09M | €934k | ▼ 14.2% |
| Income taxes67/77 | €204k | €353k | €377k | €352k | €304k | ▼ 13.7% |
| Profit (loss) for the period9904 | €594k | €742k | €763k | €736k | €631k | ▼ 14.4% |
| Profit (loss) for the period to be appropriated9905 | €594k | €742k | €763k | €736k | €631k | ▼ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.85M | €4.02M | €4.30M | €4.32M | €4.56M | ▲ 5.5% |
| Fixed assets21/28 | €85k | €68k | €53k | €35k | €14k | ▼ 58.6% |
| Tangible fixed assets22/27 | €85k | €68k | €48k | €29k | €9k | ▼ 69.7% |
| Land and buildings22 | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | €90 | €0 | - | - | - | - |
| Furniture and vehicles24 | €79k | €68k | €48k | €29k | €9k | ▼ 69.7% |
| Leasing and similar rights25 | €6k | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | €6k | €6k | €6k | = |
| Current assets29/58 | €3.76M | €3.95M | €4.24M | €4.29M | €4.54M | ▲ 6.0% |
| Amounts receivable after more than one year29 | - | - | - | €251k | €422k | ▲ 67.8% |
| Other amounts receivable291 | - | - | - | €251k | €422k | ▲ 67.8% |
| Amounts receivable within one year40/41 | €3.04M | €2.42M | €3.87M | €3.74M | €3.85M | ▲ 3.1% |
| Trade receivables40 | €25k | €115k | €63k | €42k | €179k | ▲ 327% |
| Other amounts receivable41 | €3.01M | €2.31M | €3.81M | €3.70M | €3.67M | ▼ 0.6% |
| Current investments50/53 | - | - | €100k | €0 | - | - |
| Cash at bank and in hand54/58 | €537k | €1.35M | €127k | €135k | €158k | ▲ 17.3% |
| Deferred charges and accrued income490/1 | €185k | €178k | €146k | €163k | €111k | ▼ 31.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.85M | €4.02M | €4.30M | €4.32M | €4.56M | ▲ 5.5% |
| Equity10/15 | €3.06M | €3.40M | €3.47M | €3.76M | €3.64M | ▼ 3.2% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €3.00M | €3.34M | €3.41M | €3.70M | €3.58M | ▼ 3.2% |
| Non-distributable reserves130/1 | €199k | €199k | €197k | €197k | €197k | = |
| Reserves not available under the articles1311 | €199k | €199k | €197k | €197k | €197k | = |
| Distributable reserves133 | €2.80M | €3.14M | €3.21M | €3.50M | €3.38M | ▼ 3.4% |
| Profit (loss) carried forward14 | €44k | €44k | €44k | €44k | €44k | = |
| Amounts payable17/49 | €783k | €617k | €823k | €558k | €914k | ▲ 63.7% |
| Amounts payable within one year42/48 | €776k | €611k | €823k | €558k | €914k | ▲ 63.7% |
| Trade debts44 | €33k | €92k | €42k | €45k | €32k | ▼ 28.6% |
| Suppliers440/4 | €33k | €92k | €42k | €45k | €32k | ▼ 28.6% |
| Taxes, remuneration and social security45 | €27k | €113k | €125k | €89k | €169k | ▲ 90.4% |
| Taxes450/3 | €27k | €113k | €123k | €89k | €169k | ▲ 90.4% |
| Remuneration and social security454/9 | - | - | €3k | €0 | - | - |
| Other amounts payable47/48 | €716k | €406k | €656k | €425k | €713k | ▲ 67.9% |
| Accrued charges and deferred income492/3 | €7k | €6k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €594k | €742k | €763k | €736k | €631k | ▼ 14.4% |
| + Depreciation and write-downs630 | €40k | €21k | €22k | €22k | €22k | ▲ 1.2% |
| Operating cash flow (approximation) | €634k | €763k | €785k | €758k | €652k | ▼ 13.9% |
| Investment in fixed assets (approximation) | - | €-4k | €-7k | €-3k | €-1k | ▲ 58.0% |
| Change in cash | - | €816k | €-1.23M | €9k | €23k | ▲ 173% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €763k ▲2.8%
Net result €763k, the highest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
31-12
Financial
Weakest financial yearnet €447k ▼35.2%
Net result drops to €447k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 140current ratio 2434.60
Current ratio from 17.42 to 2434.60; short-term debt falls from €180k to €1k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 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, Genk · 1 establishment unit since 2003
Ground area
2,826 m²
Building footprint
156 m²
Volume, LiDAR
999 m³
Parcel 71016I1410/00Z047, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A&E
since 20032.350.685.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1410/00Z047 | Flanders | 2,826 m² | 1 · 156 m² | 9.5 m · 2 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.
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Of 16,625 companies in sector 86220 we hold annual accounts for 7,979. 3,239 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-04-1990
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
Scores and ratios are computed by Checked and are not a credit decision.