ACTIVE

AED DISTRIBUTION

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Financial year 2025 · closed on 31/12/2025

Net result

-2 M €

-354.8% YoY

Revenue

11,7 M €

-19.9% YoY

Equity

-1,2 M €

-271.0% YoY

Workforce

15,3 ETP

+14.2% YoY

What does AED DISTRIBUTION do?

AED DISTRIBUTION is a Public limited company incorporated in 1981. Its registered office is in Willebroek. It employs on average 15,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.857.156

Incorporation

20/08/1981

Legal form

Public limited company

Registered office

Bedrijvenpark De Veert 13 box 004
2830 Willebroek · FlandreSee on map

Contributed capital

2 500 000,00 €

Latest accounts

31/12/2025

Average workforce

15,3 ETP

Joint committees (4)

14901
200
201
218

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	11,7 M €	-19.9%	14,7 M €	+22.0%	12 M €	+27.6%	9,4 M €	+24.8%	7,5 M €	+15.8%	6,5 M €	-63.7%	18 M €	-10.6%	20,1 M €	-18.0%	24,5 M €	+10.8%	22,1 M €	+17.7%	18,8 M €	+71.5%	11 M €	+32.6%	8,3 M €	+17.8%	7 M €	+41.1%	5 M €	+44.6%	3,4 M €		–		–		–		–
EBITDA	-571,8 k €	-351%	227,8 k €	-72.7%	835,8 k €	+260%	232,3 k €	+130%	-763,6 k €	-503%	189,4 k €	-67.6%	585,2 k €	+649%	78,1 k €	+363%	16,9 k €	-97.6%	704,2 k €	+34.5%	523,6 k €	-15.9%	623 k €	+52.4%	408,7 k €	-32.8%	607,8 k €	+20.5%	504,5 k €	+89.1%	266,8 k €	+126%	117,9 k €	+95.6%	60,3 k €	-82.7%	349,2 k €	+129%	152,2 k €
Operating result	-1,6 M €	-4213%	-38,2 k €	-112%	321,3 k €	+412%	-102,9 k €	+93.2%	-1,5 M €	-248%	-435,1 k €	-228%	339,5 k €	+980%	-38,6 k €	+13.1%	-44,4 k €	-211%	40,1 k €	-89.4%	379,2 k €	-23.3%	494,7 k €	+47.6%	335,2 k €	-24.2%	442,3 k €	+17.4%	376,8 k €	+166%	141,9 k €	+256%	39,8 k €	+785%	4,5 k €	-98.5%	298,2 k €	+155%	116,9 k €
Net result	-2 M €	-355%	-430,4 k €	-269%	254,4 k €	+670%	-44,7 k €	+96.9%	-1,4 M €	-128%	-627,6 k €	-278%	351,7 k €	+7446%	4,7 k €	+133%	-14 k €	+96.0%	-352,9 k €	-552%	78 k €	-29.3%	110,2 k €	-11.7%	124,9 k €	-44.2%	223,9 k €	-39.3%	369,1 k €	+551%	56,7 k €	+138%	23,9 k €	+156%	-42,5 k €	-117%	245 k €	+824%	26,5 k €
Balance sheet
Equity	-1,2 M €	-271%	722,3 k €	-37.3%	1,2 M €	+28.3%	898,4 k €	-4.7%	943,1 k €	-60.3%	2,4 M €	-20.9%	3 M €	+13.3%	2,7 M €	+0.2%	2,6 M €	-0.5%	2,7 M €	-11.7%	3 M €	+2.7%	2,9 M €	+60.8%	1,8 M €	+7.3%	1,7 M €	+15.2%	1,5 M €	+68.4%	877,1 k €	+6.9%	820,4 k €	+3.0%	796,5 k €	-5.1%	839,1 k €	+41.2%	594,1 k €
Total assets	9,1 M €	-14.1%	10,6 M €	+33.1%	8 M €	-19.0%	9,9 M €	+8.1%	9,1 M €	-0.4%	9,2 M €	-20.9%	11,6 M €	-15.3%	13,7 M €	-4.7%	14,4 M €	-22.6%	18,6 M €	+14.5%	16,2 M €	+38.8%	11,7 M €	+81.1%	6,4 M €	+49.3%	4,3 M €	+14.9%	3,8 M €	+39.8%	2,7 M €	+10.6%	2,4 M €	+9.5%	2,2 M €	+16.3%	1,9 M €	+22.1%	1,6 M €
Cash	289,4 k €	-20.5%	364,2 k €	-16.3%	435 k €	-53.9%	944,1 k €	-38.1%	1,5 M €	+4111%	36,2 k €	-82.1%	202 k €	-33.6%	304,4 k €	+0.2%	303,7 k €	+27.0%	239,1 k €	-60.8%	609,6 k €	+44.4%	422,3 k €	+195%	143 k €	-46.5%	267,6 k €	+43.4%	186,6 k €	+36.9%	136,3 k €	+217%	43 k €	-76.2%	180,4 k €	+2.0%	176,9 k €	-2.9%	182,1 k €
Debts	10,3 M €	+5.2%	9,8 M €	+45.4%	6,7 M €	-23.4%	8,8 M €	+8.2%	8,1 M €	+20.1%	6,8 M €	-20.9%	8,5 M €	-21.1%	10,8 M €	-7.2%	11,7 M €	-26.4%	15,8 M €	+20.7%	13,1 M €	+51.5%	8,7 M €	+96.0%	4,4 M €	+74.3%	2,5 M €	+16.3%	2,2 M €	+20.2%	1,8 M €	+12.4%	1,6 M €	+13.2%	1,4 M €	+33.0%	1,1 M €	+10.4%	970,2 k €
Other
Workforce	15,3 ETP	+14.2%	13,4 ETP	+0.8%	13,3 ETP	-10.7%	14,9 ETP	+3.5%	14,4 ETP	+4.3%	13,8 ETP	-1.4%	14,0 ETP	-7.9%	15,2 ETP	+7.0%	14,2 ETP	+4.4%	13,6 ETP	+4.6%	13,0 ETP	+27.5%	10,2 ETP	+25.9%	8,1 ETP	+22.7%	6,6 ETP	+24.5%	5,3 ETP	+3.9%	5,1 ETP	-7.3%	5,5 ETP	-22.5%	7,1 ETP	-19.3%	8,8 ETP	-1.1%	8,9 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

FILOVEST

Director · since 09 septembre 2025 · until 07 juillet 2031 · 0789.515.761

Represented by Steven Mansvelt

Active

AED Rent

Director · since 30 juin 2023 · until 02 juin 2029 · 0451.899.343

Represented by Stefan Yee

Active

AUDIOWORX

Director · since 30 juin 2023 · until 09 septembre 2025 · 0454.610.888

Represented by Glenn Roggeman

Active

Ended mandates

AED Rent

Director · since 30 juin 2023 · until 06 avril 2029 · 0451.899.343

Represented by Stefan Yee

Ended

AUDIOWORX

Director · since 30 juin 2023 · until 06 avril 2029 · 0454.610.888

Represented by Glenn Roggeman

Ended

AUDIOWORX

Director · since 30 juin 2023 · until 02 juin 2029 · 0454.610.888

Represented by Glenn Roggeman

Ended

Hans Vanderheijden

Managing director · since 30 juin 2023 · until 30 septembre 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/06/2026	04/04/2025	11/07/2024	26/07/2023	11/07/2022	22/07/2021
General meeting	06/06/2026	01/04/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	06/06/2026	23/06/2026	Dutch	PDF
Full model	31/12/2024	01/04/2025	04/04/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	11/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	22/07/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	08/10/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	17/07/2019	Dutch	PDF
Full model	31/12/2017	24/04/2018	22/05/2018	Dutch	PDF
Full model	31/12/2016	04/04/2017	04/05/2017	Dutch	PDF
Full model	31/12/2015	05/04/2016	04/05/2016	Dutch	PDF
Full model	31/12/2014	07/04/2015	08/05/2015	Dutch	PDF
Full model	31/12/2013	01/04/2014	02/06/2014	Dutch	PDF
Full model	31/12/2012	27/06/2013	18/07/2013	Dutch	PDF
Full model	31/12/2011	22/05/2012	06/06/2012	Dutch	PDF
Full model	31/12/2010	20/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

FILOVEST

Director · since 09 septembre 2025 · until 07 juillet 2031 · 0789.515.761

Represented by Steven Mansvelt

Active

AED Rent

Director · since 30 juin 2023 · until 02 juin 2029 · 0451.899.343

Represented by Stefan Yee

Active

AUDIOWORX

Director · since 30 juin 2023 · until 09 septembre 2025 · 0454.610.888

Represented by Glenn Roggeman

Active

Ended mandates

AED Rent

Director · since 30 juin 2023 · until 06 avril 2029 · 0451.899.343

Represented by Stefan Yee

Ended

AUDIOWORX

Director · since 30 juin 2023 · until 06 avril 2029 · 0454.610.888

Represented by Glenn Roggeman

Ended

AUDIOWORX

Director · since 30 juin 2023 · until 02 juin 2029 · 0454.610.888

Represented by Glenn Roggeman

Ended

Hans Vanderheijden

Managing director · since 30 juin 2023 · until 30 septembre 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring17/08/2026
Neerlegging voorstel tot fusie overeenkomstig de artikelen 12:50 tot en met
PDF
Mandates20/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/09/2025
KAPITAAL - AANDELEN
PDF
Mandates22/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other13/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ALGEMENE VERGADERING
PDF
Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2021
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-2 M €↓
2024
Annual accounts 2024-430,4 k €↓
2023
Annual accounts 2023254,4 k €↑
2022
Annual accounts 2022-44,7 k €↑
2021
Annual accounts 2021-1,4 M €↓
2020
Annual accounts 2020-627,6 k €↓
2019
Annual accounts 2019351,7 k €↑
2018
Annual accounts 20184,7 k €↑
2017
Annual accounts 2017-14 k €↑
2016
Annual accounts 2016-352,9 k €↓
2015
Annual accounts 201578 k €↓
2014
Annual accounts 2014110,2 k €↓
2013
Annual accounts 2013124,9 k €↓
2012
Annual accounts 2012223,9 k €↓
2011
Annual accounts 2011369,1 k €↑
2011
Name changeAED DISTRIBUTION
2010
Annual accounts 201056,7 k €↑
2009
Annual accounts 200923,9 k €↑
2008
Annual accounts 2008-42,5 k €↓
2007
Annual accounts 2007245 k €↑
2006
Annual accounts 200626,5 k €
2006
Name changeACCOUSTICAL AND ELECTRONICAL DEVELOPMENT
20/08/1981
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AED DISTRIBUTION

Overview

What does AED DISTRIBUTION do?

Trend over 20 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline