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Public limited companyfounded 199729 yrs activeRoute des Canons 3, 5000 Namur, BelgiumKBO/BCE: BE 0460.855.809
Summary

AEDES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €7.47M and a net result of €904k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 45% of 492 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 filings
Deviation from the deadline
2025
16 d early
2024
25 d late
2023
42 d early
2022
4 d early
2021
29 d late
2020
16 d late
2019
30 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, full schema

Equity
€7.47M▲ 0.1%
2024 · €7.46M
2018: €2.67Mlowest in 8 years 2019: €2.75M▲ +3.0% vs 2018 2020: €3.15M▲ +14.3% vs 2019 2021: €4.71M▲ +49.8% vs 2020 2022: €5.91M▲ +25.5% vs 2021 2023: €6.67M▲ +12.7% vs 2022 2024: €7.46M▲ +11.9% vs 2023 2025: €7.47M▲ +0.1% vs 2024highest in 8 years
2018 → 2025
Net result
€904k▲ 13.5%
2024 · €797k
2018: €278k 2019: €81k▼ -70.9% vs 2018lowest in 8 years 2020: €793k▲ +879% vs 2019 2021: €1.57M▲ +97.7% vs 2020highest in 8 years 2022: €1.20M▼ -23.4% vs 2021 2023: €752k▼ -37.4% vs 2022 2024: €797k▲ +6.0% vs 2023 2025: €904k▲ +13.5% vs 2024
2018 → 2025
Total assets
€20.86M▲ 7.7%
2024 · €19.38M
2018: €10.70Mlowest in 8 years 2019: €11.63M▲ +8.7% vs 2018 2020: €13.60M▲ +17.0% vs 2019 2021: €18.99M▲ +39.6% vs 2020 2022: €19.86M▲ +4.6% vs 2021 2023: €22.03M▲ +10.9% vs 2022highest in 8 years 2024: €19.38M▼ -12.0% vs 2023 2025: €20.86M▲ +7.7% vs 2024
2018 → 2025
Solvency
35.8%▼ 2.7pp
2024 · 38.5%
2018: 25.0% 2019: 23.7%▼ -5.2% vs 2018 2020: 23.1%▼ -2.3% vs 2019lowest in 8 years 2021: 24.8%▲ +7.3% vs 2020 2022: 29.8%▲ +20.0% vs 2021 2023: 30.3%▲ +1.6% vs 2022 2024: 38.5%▲ +27.3% vs 2023highest in 8 years 2025: 35.8%▼ -7.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€16.24M-€17.25M▲ 6.3%€18.36M▲ 6.4%€20.58M▲ 12.1%€22.07M▲ 7.2% 2021: €16.24Mlowest in 5 years 2022: €17.25M▲ +6.3% vs 2021 2023: €18.36M▲ +6.4% vs 2022 2024: €20.58M▲ +12.1% vs 2023 2025: €22.07M▲ +7.2% vs 2024highest in 5 years
Equity€4.71M-€5.91M▲ 25.5%€6.67M▲ 12.7%€7.46M▲ 11.9%€7.47M▲ 0.1% 2021: €4.71Mlowest in 5 years 2022: €5.91M▲ +25.5% vs 2021 2023: €6.67M▲ +12.7% vs 2022 2024: €7.46M▲ +11.9% vs 2023 2025: €7.47M▲ +0.1% vs 2024highest in 5 years
Operating result€1.85M-€1.73M▼ 6.3%€1.15M▼ 33.4%€1.19M▲ 2.9%€1.29M▲ 8.7% 2021: €1.85Mhighest in 5 years 2022: €1.73M▼ -6.3% vs 2021 2023: €1.15M▼ -33.4% vs 2022lowest in 5 years 2024: €1.19M▲ +2.9% vs 2023 2025: €1.29M▲ +8.7% vs 2024
Net result€1.57M-€1.20M▼ 23.4%€752k▼ 37.4%€797k▲ 6.0%€904k▲ 13.5% 2021: €1.57Mhighest in 5 years 2022: €1.20M▼ -23.4% vs 2021 2023: €752k▼ -37.4% vs 2022lowest in 5 years 2024: €797k▲ +6.0% vs 2023 2025: €904k▲ +13.5% vs 2024
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50M€2.00MOperating result 2021: €1.85M€1.85MNet result 2021: €1.57M€1.57MOperating result 2022: €1.73M€1.73MNet result 2022: €1.20M€1.20MOperating result 2023: €1.15M€1.15MNet result 2023: €752k€752kOperating result 2024: €1.19M€1.19MNet result 2024: €797k€797kOperating result 2025: €1.29M€1.29MNet result 2025: €904k€904k20212022202320242025€0€500k€1M€1.5MOperating result 2023: €1.15M€1.2MNet result 2023: €752k€752kOperating result 2024: €1.19M€1.2MNet result 2024: €797k€797kOperating result 2025: €1.29M€1.3MNet result 2025: €904k€904k202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.86M
Fixed assets €6.64M ▼ 0.2%
Current assets €14.22M ▲ 11.8%
Equity and liabilities €20.86M
Equity €7.47M ▲ 0.1%
Provisions €850k ▲ 27.7%
Debt €12.54M ▲ 11.5%
Debt's share of the balance-sheet total rises from 58.1% to 60.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
12.1%▲
2024 · 10.7%
ROA
4.3%▲
2024 · 4.1%
Debt ≤ 1 year
€11.05M▲
2024 · €9.70M
Debt > 1 year
€1.00M▼
2024 · €1.08M
Income taxes
€412k▲
2024 · €382k
Staff costs
€5.03M▲
2024 · €4.47M
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 · 82 lines
Balance sheet Code20242025
Assets
Total assets20/58€19.38M€20.86M▲
Fixed assets21/28€6.66M€6.64M▼
Intangible fixed assets21€1.96M€2.20M▲
Tangible fixed assets22/27€3.92M€3.67M▼
Land and buildings22€2.66M€2.53M▼
Plant, machinery and equipment23€328k€490k▲
Furniture and vehicles24€925k€650k▼
Financial fixed assets28€776k€776k=
Affiliated companies280/1€776k€776k=
Participating interests280€776k€776k=
Other financial fixed assets284/8€60€60=
Amounts receivable and cash guarantees285/8€60€60=
Current assets29/58€12.72M€14.22M▲
Amounts receivable after more than one year29€1.11M€1.02M▼
Other amounts receivable291€1.11M€1.02M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€8.19M€8.93M▲
Trade receivables40€6.97M€7.45M▲
Other amounts receivable41€1.22M€1.48M▲
Cash at bank and in hand54/58€2.39M€2.09M▼
Deferred charges and accrued income490/1€1.03M€2.18M▲
Equity and liabilities
Total equity and liabilities10/49€19.38M€20.86M▲
Equity10/15€7.46M€7.47M▲
Contributions10/11€1.49M€1.49M=
Capital10€600k€600k=
Issued capital100€600k€600k=
Outside capital11€892k€892k=
Share premium1100/10€892k€892k=
Reserves13€60k€60k=
Non-distributable reserves130/1€60k€60k=
Legal reserve130€60k€60k=
Profit (loss) carried forward14€5.91M€5.91M▲
Provisions and deferred taxes16€666k€850k▲
Provisions for liabilities and charges160/5€666k€850k▲
Other liabilities and charges164/5€666k€850k▲
Amounts payable17/49€11.25M€12.54M▲
Amounts payable after more than one year17€1.08M€1.00M▼
Financial debts170/4€1.08M€1.00M▼
Credit institutions173€80k€0▼
Other loans174€1.00M€1.00M=
Amounts payable within one year42/48€9.70M€11.05M▲
Current portion of amounts payable after more than one year42€165k€80k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€8.47M€8.72M▲
Suppliers440/4€8.47M€8.72M▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€868k€1.16M▲
Taxes450/3€211k€316k▲
Remuneration and social security454/9€658k€846k▲
Other amounts payable47/48€200k€1.08M▲
Accrued charges and deferred income492/3€466k€494k▲
Income statement Code20242025
Operating income70/76A€20.87M€22.40M▲
Turnover70€20.58M€22.07M▲
Other operating income74€283k€333k▲
Non-recurring operating income76A€9k€339▼
Operating charges60/66A€19.69M€21.11M▲
Services and other goods61€12.95M€14.28M▲
Remuneration, social security and pensions62€4.47M€5.03M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.50M€1.55M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€666k€184k▼
Other operating charges640/8€47k€25k▼
Non-recurring operating charges66A€58k€35k▼
Operating profit (loss)9901€1.19M€1.29M▲
Financial income75/76B€40k€53k▲
Recurring financial income75€40k€53k▲
Income from financial fixed assets750€19k€11k▼
Other financial income752/9€21k€42k▲
Financial charges65/66B€48k€27k▼
Recurring financial charges65€48k€27k▼
Debt charges650€25k€3k▼
Other financial charges652/9€23k€23k▲
Profit (loss) for the period before taxes9903€1.18M€1.32M▲
Income taxes67/77€382k€412k▲
Taxes670/3€382k€412k▲
Profit (loss) for the period9904€797k€904k▲
Profit (loss) for the period to be appropriated9905€797k€904k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.91M€6.81M▲
Profit (loss) brought forward from the previous period14P€5.11M€5.91M▲
Profit to be distributed694/7-€900k
Return on contributions (dividend)694-€900k
Social balance
Average headcount (FTE)908737.553.6▲

The notes to these accounts (102 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Operating income70/76A€16.51M€17.59M€18.67M€20.87M€22.40M▲ 7.3%
Turnover70€16.24M€17.25M€18.36M€20.58M€22.07M▲ 7.2%
Other operating income74€247k€307k€285k€283k€333k▲ 17.5%
Non-recurring operating income76A€23k€33k€28k€9k€339▼ 96.2%
Operating charges60/66A€14.66M€15.86M€17.52M€19.69M€21.11M▲ 7.2%
Services and other goods61€10.25M€10.77M€12.02M€12.95M€14.28M▲ 10.3%
Remuneration, social security and pensions62€3.42M€3.69M€3.98M€4.47M€5.03M▲ 12.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€951k€1.35M€1.46M€1.50M€1.55M▲ 3.7%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€666k€184k▼ 72.3%
Other operating charges640/8€29k€46k€40k€47k€25k▼ 46.7%
Non-recurring operating charges66A€6k€3k€14k€58k€35k▼ 39.3%
Operating profit (loss)9901€1.85M€1.73M€1.15M€1.19M€1.29M▲ 8.7%
Financial income75/76B€292k€17k€39k€40k€53k▲ 32.3%
Recurring financial income75€21k€17k€39k€40k€53k▲ 32.3%
Income from financial fixed assets750€0-€4k€19k€11k▼ 43.9%
Other financial income752/9€21k€17k€35k€21k€42k▲ 102%
Non-recurring financial income76B€271k€0----
Financial charges65/66B€44k€45k€40k€48k€27k▼ 44.4%
Recurring financial charges65€44k€45k€40k€48k€27k▼ 44.4%
Debt charges650€24k€23k€25k€25k€3k▼ 86.6%
Other financial charges652/9€20k€22k€16k€23k€23k▲ 0.4%
Profit (loss) for the period before taxes9903€2.10M€1.70M€1.15M€1.18M€1.32M▲ 11.7%
Income taxes67/77€531k€505k€401k€382k€412k▲ 7.8%
Taxes670/3€531k€505k€401k€382k€412k▲ 7.8%
Profit (loss) for the period9904€1.57M€1.20M€752k€797k€904k▲ 13.5%
Profit (loss) for the period to be appropriated9905€1.57M€1.20M€752k€797k€904k▲ 13.5%
Line20212022202320242025Change
Assets
Total assets20/58€18.99M€19.86M€22.03M€19.38M€20.86M▲ 7.7%
Fixed assets21/28€7.02M€7.10M€7.03M€6.66M€6.64M▼ 0.2%
Intangible fixed assets21€2.00M€2.04M€2.01M€1.96M€2.20M▲ 11.8%
Tangible fixed assets22/27€4.23M€4.28M€4.25M€3.92M€3.67M▼ 6.3%
Land and buildings22€3.06M€2.93M€2.79M€2.66M€2.53M▼ 5.0%
Plant, machinery and equipment23€319k€301k€327k€328k€490k▲ 49.2%
Furniture and vehicles24€857k€1.05M€1.13M€925k€650k▼ 29.8%
Financial fixed assets28€776k€776k€776k€776k€776k=
Affiliated companies280/1€776k€776k€776k€776k€776k=
Participating interests280€776k€776k€776k€776k€776k=
Other financial fixed assets284/8€60€60€60€60€60=
Amounts receivable and cash guarantees285/8€60€60€60€60€60=
Current assets29/58€11.98M€12.76M€15.00M€12.72M€14.22M▲ 11.8%
Amounts receivable after more than one year29€680k€537k€300k€1.11M€1.02M▼ 8.1%
Other amounts receivable291€680k€537k€300k€1.11M€1.02M▼ 8.1%
Stocks and contracts in progress3€0€0€0€0€0-
Amounts receivable within one year40/41€5.67M€6.34M€7.15M€8.19M€8.93M▲ 9.1%
Trade receivables40€4.32M€5.14M€5.91M€6.97M€7.45M▲ 6.9%
Other amounts receivable41€1.35M€1.20M€1.23M€1.22M€1.48M▲ 21.5%
Cash at bank and in hand54/58€2.40M€2.55M€3.75M€2.39M€2.09M▼ 12.9%
Deferred charges and accrued income490/1€3.23M€3.33M€3.79M€1.03M€2.18M▲ 112%
Equity and liabilities
Total equity and liabilities10/49€18.99M€19.86M€22.03M€19.38M€20.86M▲ 7.7%
Equity10/15€4.71M€5.91M€6.67M€7.46M€7.47M▲ 0.1%
Contributions10/11€1.49M€1.49M€1.49M€1.49M€1.49M=
Capital10€600k€600k€600k€600k€600k=
Issued capital100€600k€600k€600k€600k€600k=
Outside capital11€892k€892k€892k€892k€892k=
Share premium1100/10€892k€892k€892k€892k€892k=
Reserves13€60k€60k€60k€60k€60k=
Non-distributable reserves130/1€60k€60k€60k€60k€60k=
Legal reserve130€60k€60k€60k€60k€60k=
Profit (loss) carried forward14€3.16M€4.36M€5.11M€5.91M€5.91M▲ 0.1%
Provisions and deferred taxes16---€666k€850k▲ 27.7%
Provisions for liabilities and charges160/5---€666k€850k▲ 27.7%
Other liabilities and charges164/5---€666k€850k▲ 27.7%
Amounts payable17/49€14.28M€13.95M€15.36M€11.25M€12.54M▲ 11.5%
Amounts payable after more than one year17€1.35M€1.24M€2.16M€1.08M€1.00M▼ 7.4%
Financial debts170/4€1.35M€1.24M€2.16M€1.08M€1.00M▼ 7.4%
Credit institutions173€345k€240k€160k€80k€0▼ 100%
Other loans174€1.00M€1.00M€2.00M€1.00M€1.00M=
Amounts payable within one year42/48€12.49M€12.43M€12.67M€9.70M€11.05M▲ 13.9%
Current portion of amounts payable after more than one year42€289k€190k€165k€165k€80k▼ 51.5%
Financial debts43€200k€200k€200k€0--
Credit institutions430/8€200k€200k€200k€0--
Trade debts44€9.50M€9.92M€10.60M€8.47M€8.72M▲ 3.0%
Suppliers440/4€9.50M€9.92M€10.60M€8.47M€8.72M▲ 3.0%
Advances received on contracts in progress46--€179k€0--
Taxes, remuneration and social security45€1.16M€1.16M€1.00M€868k€1.16M▲ 33.8%
Taxes450/3€718k€676k€510k€211k€316k▲ 49.9%
Remuneration and social security454/9€440k€486k€494k€658k€846k▲ 28.6%
Other amounts payable47/48€1.35M€953k€514k€200k€1.08M▲ 442%
Accrued charges and deferred income492/3€440k€278k€535k€466k€494k▲ 6.0%
Line20212022202320242025Change
Profit (loss) for the period9904€1.57M€1.20M€752k€797k€904k▲ 13.5%
+ Depreciation and write-downs630€951k€1.35M€1.46M€1.50M€1.55M▲ 3.7%
Operating cash flow (approximation)€2.52M€2.55M€2.21M€2.29M€2.46M▲ 7.1%
Investment in fixed assets (approximation)-€-1.44M€-1.39M€-1.12M€-1.54M▼ 37.2%
Change in cash-€152k€1.20M€-1.36M€-308k▲ 77.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €5MEq €5.91M ▲25.5%
5 profitable years in a row build equity to €5.91M.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial Highest result since 2018net €1.57M ▲97.7%
Operating result €1.85M, net result €1.57M, both a record.
16-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2020
30-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 30 days late
2019
31-12
Financial Weakest financial yearnet €81k ▼70.9%
Net result drops to €81k, the lowest in the series; recovery starts the following year.
12-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts

We know of 22 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 Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
22 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 · 2 establishment units since 1997
seat establishment All 2 establishment units on the map
Ground area
2,348 m²
Building footprint
441 m²
Volume, LiDAR
1,227 m³
2 parcels, Flanders, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
2 establishment units
Route des Canons 3, 5000 Namur
NACE 6720
since 19972.083.044.613
AEDES
Hoogstraat 36, 9700 OudenaardeInsurance agents and brokers
since 20192.290.982.424
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
45035B0113/00N000
ProtectedMonument · Townscape or village viewHerenhuis in empirestijlSource ↗
Flanders 1,359 m² 1 · 332 m² -
92302G0406/00X000 Wallonia 990 m² 1 · 108 m² 13.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Ownership & control

1 parent company
Control over this companyparent company per the LEI register1
MUTUELLE CENTRALE DE REASSURANCE
Paris, France
controls
AEDESBE 0460.855.809

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 4,112 EUR awarded · 4,112 EUR paid
Year Entries awardedpaid
2025 1 33 EUR33 EUR
2024 1 1,662 EUR1,662 EUR
2023 1 2,417 EUR2,417 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 4,112 EUR · 4,112 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

815600FEE0817175A178
live in the LEI register

Similar companies · same sector, comparable size

Of 4,677 companies in sector 66220 we hold annual accounts for 3,221. 556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded13-06-1997
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
E-mail muriel.emond@aaedessa.beOudenaarde
Fax 081/73.04.87Oudenaarde

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