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AED STORE

Active
Public limited companyfounded 200917 yrs activeBedrijvenpark De Veert 6, 2830 Willebroek, BelgiumKBO/BCE: BE 0811.242.276
Summary

AED STORE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.45M and a net result of €158k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
76 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-1
Solvency100=
Growth63▲+1
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 7.17 against 6.16 in 2023; short-term debt: 13.8% and cash: 1.2% of total assets), and 14.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
85.3%
Return on assets
5.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-04-2025, 118 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
118 d early
2023
20 d early
2022
5 d early
2021
20 d early
2020
15 d early
2019
69 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
€3.55M▲ 4.4%
2023 · €3.40M
2018: €3.53M 2019: €3.15M 2020: €1.26M 2021: €1.58M 2022: €2.78M 2023: €3.40M
2018 → 2024
EBIT margin
3.9%▼ 0.3pp
2023 · 4.2%
2018: 2.9% 2019: 5.0% 2020: -6.2% 2021: 3.2% 2022: 3.4% 2023: 4.2%
2018 → 2024
Net result
€158k▲ 0.7%
2023 · €157k
2018: €84k 2019: €119k 2020: €-66k 2021: €61k 2022: €96k 2023: €157k
2018 → 2024
Working capital
€2.44M▲ 6.5%
2023 · €2.30M
2018: €1.91M 2019: €1.99M 2020: €1.96M 2021: €2.02M 2022: €2.14M 2023: €2.30M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€1.26M-€1.58M▲ 25.6%€2.78M▲ 76.0%€3.40M▲ 22.1%€3.55M▲ 4.4%
Equity€1.98M-€2.04M▲ 3.1%€2.14M▲ 4.7%€2.29M▲ 7.3%€2.45M▲ 6.9%
Operating result€-78k-€51k€94k▲ 84.2%€142k▲ 52.1%€137k▼ 3.6%
Net result€-66k-€61k€96k▲ 57.0%€157k▲ 62.8%€158k▲ 0.7%
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2020: €-78k€-78kNet result 2020: €-66k€-66kOperating result 2021: €51k€51kNet result 2021: €61k€61kOperating result 2022: €94k€94kNet result 2022: €96k€96kOperating result 2023: €142k€142kNet result 2023: €157k€157kOperating result 2024: €137k€137kNet result 2024: €158k€158k20202021202220232024€0€50k€100k€150kOperating result 2022: €94k€94kNet result 2022: €96k€96kOperating result 2023: €142k€142kNet result 2023: €157k€157kOperating result 2024: €137k€137kNet result 2024: €158k€158k202220232024
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.87M
Fixed assets €32k ▲ 1,558%
Current assets €2.84M ▲ 3.7%
Equity and liabilities €2.87M
Equity €2.45M ▲ 6.9%
Debt €421k ▼ 6.1%
Debt's share of the balance-sheet total falls from 16.4% to 14.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€142k
2023 · €149k
Cash flow
€163k
2023 · €164k
Current ratio
7.17
2023 · 6.16
Quick ratio
4.46
2023 · 3.66
Debt to equity
0.17
2023 · 0.20
ROE
6.4%
2023 · 6.8%
ROA
5.5%
2023 · 5.7%
Interest coverage
2977.97
2023 · 5485.16
Debt ≤ 1 year
€396k
2023 · €445k
Debt > 1 year
€21k
Income taxes
€61k
2023 · €56k
Staff costs
€267k
2023 · €253k
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 · 73 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.74M€2.87M
Fixed assets21/28€2k€32k
Tangible fixed assets22/27€1k€31k
Plant, machinery and equipment23€77-
Furniture and vehicles24€846€2k
Leasing and similar rights25€188€30k
Financial fixed assets28€835€835=
Affiliated companies280/1€835€835=
Participating interests280€835€835=
Current assets29/58€2.74M€2.84M
Stocks and contracts in progress3€1.11M€1.07M
Stocks30/36€1.11M€1.07M
Goods purchased for resale34€1.11M€1.07M
Amounts receivable within one year40/41€1.60M€1.73M
Trade receivables40€150k€210k
Other amounts receivable41€1.45M€1.52M
Cash at bank and in hand54/58€31k€35k
Deferred charges and accrued income490/1€742€1k
Equity and liabilities
Total equity and liabilities10/49€2.74M€2.87M
Equity10/15€2.29M€2.45M
Contributions10/11€550k€550k=
Capital10€550k€550k=
Issued capital100€700k€700k=
Uncalled capital101€150k€150k=
Reserves13€1.74M€1.90M
Non-distributable reserves130/1€70k€70k=
Legal reserve130€70k€70k=
Distributable reserves133€1.67M€1.83M
Amounts payable17/49€448k€421k
Amounts payable after more than one year17-€21k
Financial debts170/4-€21k
Leasing and similar obligations172-€21k
Amounts payable within one year42/48€445k€396k
Current portion of amounts payable after more than one year42€208€9k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€400k€345k
Suppliers440/4€400k€345k
Taxes, remuneration and social security45€45k€37k
Taxes450/3€17k€10k
Remuneration and social security454/9€27k€27k
Accrued charges and deferred income492/3€4k€4k
Income statement Code20232024
Operating income70/76A€3.42M€3.58M
Turnover70€3.40M€3.55M
Other operating income74€23k€30k
Operating charges60/66A€3.28M€3.44M
Goods for resale, raw materials and consumables60€2.60M€2.76M
Purchases600/8€2.39M€2.72M
Change in stocks: decrease (increase)609€208k€41k
Services and other goods61€382k€408k
Remuneration, social security and pensions62€253k€267k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€35k€2k
Other operating charges640/8€7k€6k
Operating profit (loss)9901€142k€137k
Financial income75/76B€75k€85k
Recurring financial income75€75k€85k
Income from financial fixed assets750€19€34
Other financial income752/9€75k€85k
Financial charges65/66B€5k€4k
Recurring financial charges65€5k€4k
Debt charges650€27€48
Other financial charges652/9€5k€4k
Profit (loss) for the period before taxes9903€213k€219k
Income taxes67/77€56k€61k
Taxes670/3€56k€61k
Tax adjustments and reversals of tax provisions77€54-
Profit (loss) for the period9904€157k€158k
Profit (loss) for the period to be appropriated9905€157k€158k
Appropriation of the result
Profit (loss) to be appropriated9906€157k€158k
Transfer to equity691/2€157k€158k
To other reserves6921€157k€158k
Social balance
Average headcount (FTE)90874.54.7

The notes to these accounts (49 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
17-08
State Gazette act Statutes amendment · Restructuring
Merger · Accounting effect2 facts ▸
  • Merger, AED Rent
  • Accounting effect, 01/10/2026
2025
04-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €158k ▲0.7%
Net result €158k, the highest in the series.
11-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €61k
Net result €61k after one loss-making year.
31-12
Financial Equity above €2MEq €2.04M ▲3.1%
Equity rises from €1.98M to €2.04M.
16-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet €-66k ▼156%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
08-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial Equity above €2MEq €2.04M ▲6.2%
2 profitable years in a row build equity to €2.04M.
Show earlier events
17-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
09-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts

Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Willebroek · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
3,932 m²
Building footprint
3,362 m²
Volume, LiDAR
22,776 m³
Parcel 12040A0524/00R006, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AED Store nv
Bedrijvenpark De Veert 6, 2830 WillebroekWholesale of electrical household appliances and audio-video equipment
since 20092.177.815.591
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12040A0524/00R006 Flanders 3,932 m² 1 · 3,362 m² 7.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
De vennootschap heeft tot voorwerp, zowel in België als in het buitenland: - optreden als groothandelaar van audio-, visueel en elektrische apparatuur en aanverwanten; aankoop…
Full purpose

De vennootschap heeft tot voorwerp, zowel in België als in het buitenland: - optreden als groothandelaar van audio-, visueel en elektrische apparatuur en aanverwanten; aankoop, verkoop, in- en export, opslag, distributie, herstelling en fabricage van audio-, visueel en elektrische apparatuur; aankoop, verkoop, in- en export, opslag, distributie, herstelling en fabricage van audio-, visueel en elektrische 2de handsapparatuur; - consultancy, opleiding, technische expertise en bijstand op voornoemde gebieden; - de vennootschap zal haar maatschappelijk doel kunnen realiseren op alle mogelijke wijzen, welke haar het meest geschikt lijken; - zij mag daarenboven alle commerciële, industriële, roerende en onroerende verrichtingen doen die in verband staan met haar maatschappelijk doel of die de verwezenlijking van dat doel kunnen beïnvloeden of vergemakkelijken, zowel in het binnenland als in het buitenland, zelfs in voordeel of rekening van derden-opdrachtgevers; - zij mag haar onroerende goederen in hypotheek steilen en al haar onroerende goederen, met inbegrip van het handelsfonds in pand stellen en zij mag aval verlenen voor alle leningen, kredietopeningen, en alle andere verbintenissen, zowel van haar zelf als van alle derden. - De vennootschap mag handelen voor eigen rekening in consignatie, in commissie, als tussenpersoon of als vertegenwoordiger. Zij zal bij middel van inbrengen, onderschrijvingen, financiële tussenkomsten of op gelijk welke wijze kunnen deelnemen in alle vennootschappen of ondernemingen die geheel of gedeeltelijk een gelijkaardig of gelijklopend voorwerp hebben als zijzelf of die een geheel ander voorwerp hebben van die aard zijn om de uitbreiding en ontwikkeling ervan te bevorderen, en dit zowel in België als in het buitenland. Zij kan tevens functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:AED Rent
BE 0451.899.343proposal · State Gazette act of 17-08-2026 (2 acts)

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 3,000 EUR awarded · 3,000 EUR paid
Year Entries awardedpaid
2025 1 1,000 EUR1,000 EUR
2024 1 2,000 EUR2,000 EUR
Schemes
Premie kwalificerend werkplekleren
2 entries · 3,000 EUR · 3,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

5 live approvals
Logistiek assistent magazijn (vwo)
Goedgekeurd · 2023 to 2028
Logistiek assistent magazijn duaal (so)
Goedgekeurd · 2023 to 2028
Logistiek duaal (so)
Goedgekeurd · 2023 to 2028
Magazijnmedewerker (vwo)
Goedgekeurd · 2022 to 2027
Magazijnmedewerker duaal (so)
Goedgekeurd · 2022 to 2027

Similar companies · same sector, comparable size

Of 977 companies in sector 46431 we hold annual accounts for 705. 376 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded20-04-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
46499Wholesale of other household goods
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 15 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.