AED-Projects
Open bankruptcySummary
A bankruptcy procedure is open for AED-Projects according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €61k and a net result of €-9k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 29-01-2025, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
2 d early
2023
41 d early
2022
12 d early
2021
5 d early
2020
55 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€61k▼ 13.1%
2023 · €70k
2019: €34klowest in 6 years
2020: €41k▲ +22.0% vs 2019
2021: €56k▲ +34.5% vs 2020
2022: €57k▲ +2.3% vs 2021
2023: €70k▲ +22.8% vs 2022highest in 6 years
2024: €61k▼ -13.1% vs 2023
2019 → 2024
Total assets
€244k▲ 5.1%
2023 · €232k
2019: €112klowest in 6 years
2020: €177k▲ +58.7% vs 2019
2021: €213k▲ +20.6% vs 2020
2022: €313k▲ +46.7% vs 2021highest in 6 years
2023: €232k▼ -25.8% vs 2022
2024: €244k▲ +5.1% vs 2023
2019 → 2024
Net result
€-9k
2023 · €13k
2019: €12k
2020: €7k▼ -39.8% vs 2019
2021: €14k▲ +91.1% vs 2020highest in 6 years
2022: €1k▼ -90.9% vs 2021
2023: €13k▲ +902% vs 2022
2024: €-9k▼ -170% vs 2023lowest in 6 years
2019 → 2024
Working capital
€51k▼ 8.5%
2023 · €55k
2019: €3klowest in 6 years
2020: €14k▲ +305% vs 2019
2021: €29k▲ +114% vs 2020
2022: €36k▲ +24.4% vs 2021
2023: €55k▲ +53.3% vs 2022highest in 6 years
2024: €51k▼ -8.5% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€56k▲ 34.5%€57k▲ 2.3%€70k▲ 22.8%€61k▼ 13.1%
2020: €41klowest in 5 years
2021: €56k▲ +34.5% vs 2020
2022: €57k▲ +2.3% vs 2021
2023: €70k▲ +22.8% vs 2022highest in 5 years
2024: €61k▼ -13.1% vs 2023
Operating result€10k-€20k▲ 96.9%€7k▼ 65.0%€23k▲ 230%€-4k
2020: €10k
2021: €20k▲ +96.9% vs 2020
2022: €7k▼ -65.0% vs 2021
2023: €23k▲ +230% vs 2022highest in 5 years
2024: €-4k▼ -115% vs 2023lowest in 5 years
Net result€7k-€14k▲ 91.1%€1k▼ 90.9%€13k▲ 902%€-9k
2020: €7k
2021: €14k▲ +91.1% vs 2020highest in 5 years
2022: €1k▼ -90.9% vs 2021
2023: €13k▲ +902% vs 2022
2024: €-9k▼ -170% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €23k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €244k
Fixed assets
€22k ▼ 16.6%
Current assets
€222k ▲ 7.9%
Equity and liabilities €244k
Equity
€61k ▼ 13.1%
Debt
€183k ▲ 13.0%
Debt's share of the balance-sheet total rises from 69.8% to 75.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▼
2023 · €43k
Cash flow
€3k▼
2023 · €33k
Current ratio
1.29▼
2023 · 1.37
Quick ratio
0.80▲
2023 · 0.76
Debt to equity
3.01▲
2023 · 2.31
ROE
-15.0%▼
2023 · 18.6%
ROA
-3.8%▼
2023 · 5.6%
Interest coverage
1.54▼
2023 · 7.96
Debt ≤ 1 year
€172k▲
2023 · €151k
Staff costs
€166k▲
2023 · €155k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€232k€244k▲
Fixed assets21/28€27k€22k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€25k€21k▼
Land and buildings22€14k€10k▼
Plant, machinery and equipment23€1k€753▼
Furniture and vehicles24€10k€10k▲
Financial fixed assets28€350€350=
Current assets29/58€206k€222k▲
Stocks and contracts in progress3€92k€85k▼
Stocks30/36€92k€85k▼
Amounts receivable within one year40/41€111k€134k▲
Trade receivables40€102k€123k▲
Other amounts receivable41€9k€11k▲
Cash at bank and in hand54/58€509€443▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€232k€244k▲
Equity10/15€70k€61k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€62k€53k▼
Amounts payable17/49€162k€183k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€151k€172k▲
Current portion of amounts payable after more than one year42€17k€4k▼
Financial debts43€45k€43k▼
Credit institutions430/8€45k€43k▼
Trade debts44€84k€123k▲
Suppliers440/4€84k€123k▲
Taxes, remuneration and social security45€3k-
Remuneration and social security454/9€3k-
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€8k€12k▲
Income statement
Code20232024
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€155k€166k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€12k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€200k€178k▼
Operating profit (loss)9901€23k€-4k▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€17k€-9k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€13k€-9k▼
Profit (loss) for the period to be appropriated9905€13k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€53k▼
Profit (loss) brought forward from the previous period14P€49k€62k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Remuneration, social security and pensions62 | - | - | €96k | €155k | €166k | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €22k | €23k | €20k | €12k | ▼ 39.3% |
| Other operating charges640/8 | - | - | €222 | €2k | €4k | ▲ 65.5% |
| Gross operating margin9900 | €43k | €103k | €127k | €200k | €178k | ▼ 10.8% |
| Operating profit (loss)9901 | €10k | €20k | €7k | €23k | €-4k | ▼ 115% |
| Financial charges65/66B | - | - | €4k | €5k | €6k | ▲ 3.8% |
| Recurring financial charges65 | €2k | €3k | €4k | €5k | €6k | ▲ 3.8% |
| Profit (loss) for the period before taxes9903 | €8k | €17k | €3k | €17k | €-9k | ▼ 152% |
| Income taxes67/77 | €289 | €2k | €2k | €4k | - | - |
| Profit (loss) for the period9904 | €7k | €14k | €1k | €13k | €-9k | ▼ 170% |
| Profit (loss) for the period to be appropriated9905 | €7k | €14k | €1k | €13k | €-9k | ▼ 170% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €177k | €213k | €313k | €232k | €244k | ▲ 5.1% |
| Fixed assets21/28 | €62k | €70k | €47k | €27k | €22k | ▼ 16.6% |
| Intangible fixed assets21 | €3k | €2k | €2k | €2k | €1k | ▼ 28.6% |
| Tangible fixed assets22/27 | €59k | €67k | €44k | €25k | €21k | ▼ 16.1% |
| Land and buildings22 | - | - | €18k | €14k | €10k | ▼ 29.4% |
| Plant, machinery and equipment23 | - | - | €2k | €1k | €753 | ▼ 43.3% |
| Furniture and vehicles24 | - | - | €25k | €10k | €10k | ▲ 6.7% |
| Financial fixed assets28 | €350 | €350 | €350 | €350 | €350 | = |
| Current assets29/58 | €115k | €144k | €266k | €206k | €222k | ▲ 7.9% |
| Stocks and contracts in progress3 | €27k | €66k | €97k | €92k | €85k | ▼ 8.0% |
| Stocks30/36 | - | - | €97k | €92k | €85k | ▼ 8.0% |
| Amounts receivable within one year40/41 | €84k | €76k | €169k | €111k | €134k | ▲ 20.7% |
| Trade receivables40 | - | - | €150k | €102k | €123k | ▲ 20.3% |
| Other amounts receivable41 | - | - | €19k | €9k | €11k | ▲ 24.6% |
| Cash at bank and in hand54/58 | €112 | €135 | €387 | €509 | €443 | ▼ 13.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €3k | ▲ 37.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €177k | €213k | €313k | €232k | €244k | ▲ 5.1% |
| Equity10/15 | €41k | €56k | €57k | €70k | €61k | ▼ 13.1% |
| Contributions10/11 | €6k | - | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €33k | €48k | €49k | €62k | €53k | ▼ 14.8% |
| Amounts payable17/49 | €136k | €158k | €256k | €162k | €183k | ▲ 13.0% |
| Amounts payable after more than one year17 | €32k | €36k | €18k | €4k | - | - |
| Financial debts170/4 | - | - | €18k | €4k | - | - |
| Amounts payable within one year42/48 | €101k | €115k | €230k | €151k | €172k | ▲ 13.9% |
| Current portion of amounts payable after more than one year42 | - | - | €20k | €17k | €4k | ▼ 78.6% |
| Financial debts43 | - | - | €45k | €45k | €43k | ▼ 3.4% |
| Credit institutions430/8 | - | - | €45k | €45k | €43k | ▼ 3.4% |
| Trade debts44 | €47k | €40k | €159k | €84k | €123k | ▲ 47.3% |
| Suppliers440/4 | - | - | €159k | €84k | €123k | ▲ 47.3% |
| Taxes, remuneration and social security45 | - | - | €4k | €3k | - | - |
| Remuneration and social security454/9 | - | - | €4k | €3k | - | - |
| Other amounts payable47/48 | - | - | €3k | €2k | €2k | ▼ 34.1% |
| Accrued charges and deferred income492/3 | - | - | €7k | €8k | €12k | ▲ 48.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €14k | €1k | €13k | €-9k | ▼ 170% |
| + Depreciation and write-downs630 | €20k | €22k | €23k | €20k | €12k | ▼ 39.3% |
| Operating cash flow (approximation) | €28k | €37k | €24k | €33k | €3k | ▼ 90.8% |
| Investment in fixed assets (approximation) | - | €-30k | €0 | €0 | €-8k | - |
| Change in cash | - | €23 | €252 | €122 | €-66 | ▼ 154% |
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
2025
31-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 25-03-2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €14k ▲91.1%
Net result €14k, the highest in the series.
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Geel · 1 establishment unit since 2016
Ground area
3,998 m²
Building footprint
2,281 m²
Volume, LiDAR
15,118 m³
Parcel 13374F0172/00Z003, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
AED-Projects
since 20162.259.257.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374F0172/00Z003 | Flanders | 3,998 m² | 1 · 2,281 m² | 7.3 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | GERT VERREYT BEGIJNENSTRAAT 17, 2300 TURN-
HOUT |
25-03-2025 → present |
| Curator | THOMAS VAN BOURGOGNIE BEGIJ-
NENSTRAAT 17, 2300 TURNHOUT |
25-03-2025 → present |
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,702 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
Founded13-12-2016
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.