ACTIVE

AE Group

Financial year 2025 · closed on 31/12/2025
Net result
799,7 k €
+243.1% YoY
Revenue
3,2 M €
+42.2% YoY
Equity
43,1 M €
+159.1% YoY
Workforce
3,3 ETP
+65.0% YoY

What does AE Group do?

AE Group is a Public limited company incorporated in 1990. Its main activity is: Activities of holding companies. Its registered office is in Leuven. It employs on average 3,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.713.362
Incorporation
27/04/1990
Legal form
Public limited company
Registered office
Interleuvenlaan 74
3001 Leuven · FlandreSee on map
Contributed capital
13 520 561,11 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Revenue3,2 M €2,3 M €4,4 M €1,8 M €2,3 M €2,6 M €2,4 M €
EBITDA1,7 M €872,2 k €1,1 M €1,2 M €815,2 k €3,6 M €1,4 M €2,1 M €2,4 M €2,2 M €1,3 M €683,3 k €122,7 k €-39,3 k €-49,2 k €196,6 k €44,6 k €176,2 k €
Operating result1,3 M €449,5 k €639,7 k €772,8 k €411,9 k €3,6 M €1,4 M €2,1 M €2,4 M €2,2 M €1,3 M €662,5 k €77,7 k €-84,5 k €-114,0 k €132,4 k €-30,9 k €91,4 k €
Net result799,7 k €-558,7 k €-3,7 M €158,7 k €-88,1 k €-16,5 M €2,2 M €-2,7 M €3,5 M €599,7 k €14,6 M €835,4 k €-445,2 k €5,2 M €192,1 k €385,2 k €104,7 k €90,1 k €
Balance sheet
Equity43,1 M €16,6 M €17,2 M €20,9 M €20,8 M €19,9 M €36,4 M €34,3 M €37,3 M €34,5 M €33,9 M €19,3 M €8,7 M €9,1 M €8,1 M €7,9 M €7,5 M €7,4 M €
Total assets68,3 M €35,7 M €35,7 M €46,4 M €40,0 M €36,4 M €90,0 M €88,2 M €90,8 M €87,9 M €88,2 M €90,1 M €18,4 M €16,6 M €12,5 M €11,6 M €11,9 M €7,5 M €
Cash283,4 k €95,9 k €211,2 k €848,4 k €187,2 k €134,3 k €2,2 M €18,2 k €39,9 k €119,3 k €106,5 k €54,5 k €239,5 k €116,0 k €27,4 k €129,2 k €127,7 k €30,9 k €
Debts24,2 M €18,3 M €17,7 M €24,9 M €18,7 M €15,8 M €52,4 M €53,9 M €53,5 M €52,8 M €53,6 M €70,2 M €9,0 M €7,1 M €4,2 M €3,4 M €4,2 M €119,3 k €
Other
Workforce3,3 ETP2,0 ETP1,0 ETP1,5 ETP2,0 ETP2,0 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 32 ended

Active mandates

Bruno Denys

Managing director · since 30 avril 2018 · until 17 juin 2030

Active
Bercopar

Director · since 05 janvier 2009 · until 15 juin 2029 · 0472.754.838

Represented by Marnix Denys

Active

Ended mandates

Bercopar

Director · since 30 avril 2018 · until 15 juin 2023 · 0472.754.838

Represented by Marnix Denys

Ended
Bercopar

Director · since 30 avril 2018 · until 15 juin 2023 · 0472.754.838

Represented by Bruno Denys

Ended
Bruno Denys

Managing director · since 30 avril 2018 · until 30 avril 2024

Ended
Bruno Denys

Managing director · since 30 avril 2018

Ended
At this address

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AE INVESTActive
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BD INVESTActive
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0472.754.838
BrightspaceActive
0668.653.563
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C-QuilibriumActive
0472.621.711
CustomaiteActive
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DBD InvestActive
0723.780.940
Definam InvestActive
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Denys Invest IIActive
0723.780.445
DeparcoActive
0471.749.996
Deparco InvestActive
1017.565.533
IPCMActive
1032.632.702
IPCM II MIXActive
1038.557.521
IPCM I XWActive
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IV INVESTActive
0783.204.724
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202602/07/202515/07/202428/06/202330/06/202231/08/2021
General meeting30/06/202616/06/202511/07/202415/06/202304/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

25 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202628/07/2026DutchPDF
Full model31/12/202416/06/202502/07/2025DutchPDF
m120-f-p31/12/202416/06/202526/08/2025DutchPDF
Abridged model31/12/202311/07/202415/07/2024DutchPDF
m120-f-p31/12/202325/09/202416/10/2024DutchPDF
Abridged model31/12/202215/06/202328/06/2023DutchPDF
Abridged model31/12/202104/06/202230/06/2022DutchPDF
Abridged model31/12/202015/06/202131/08/2021DutchPDF
Abridged model31/12/201921/10/202030/10/2020DutchPDF
Full model31/12/201815/06/201925/07/2019DutchPDF
Full model31/12/201715/06/201830/08/2018DutchPDF
Full model31/12/201625/09/201727/09/2017DutchPDF
Full model31/12/201529/06/201630/06/2016DutchPDF
m120-f-p31/12/201529/06/201625/07/2016DutchPDF
Full model31/12/201430/09/201527/10/2015DutchPDF
Abridged model31/12/201415/06/201508/09/2015DutchPDF
m120-f-p31/12/201430/09/201527/10/2015DutchPDF
Abridged model31/12/201316/06/201404/09/2014DutchPDF
Abridged model31/12/201215/06/201330/08/2013DutchPDF
Abridged model31/12/201115/06/201230/08/2012DutchPDF
Abridged model15/09/201014/03/201107/04/2011DutchPDF
Abridged model30/12/200915/06/201001/07/2010DutchPDF
Abridged model30/12/200815/06/200926/06/2009DutchPDF
Abridged model30/12/200715/06/200829/07/2008DutchPDF

View all 25 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 32 ended

Active mandates

Bruno Denys

Managing director · since 30 avril 2018 · until 17 juin 2030

Active
Bercopar

Director · since 05 janvier 2009 · until 15 juin 2029 · 0472.754.838

Represented by Marnix Denys

Active

Ended mandates

Bercopar

Director · since 30 avril 2018 · until 15 juin 2023 · 0472.754.838

Represented by Marnix Denys

Ended
Bercopar

Director · since 30 avril 2018 · until 15 juin 2023 · 0472.754.838

Represented by Bruno Denys

Ended
Bruno Denys

Managing director · since 30 avril 2018 · until 30 avril 2024

Ended
Bruno Denys

Managing director · since 30 avril 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other10/06/2026
    DIVERSEN
    PDF
  • Capital / shares23/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other07/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Restructuring28/01/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates24/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - 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

Timeline

  1. 2025
    Annual accounts 2025799,7 k €
  2. 2025
    Name changeAE Group
  3. 01/01/2025
    autre
  4. 2024
    Annual accounts 2024-558,7 k €
  5. 19/04/2024
    reconductionBruno Denys — bestuurder
  6. 2023
    Annual accounts 2023-3,7 M €
  7. 28/12/2023
    nominationJimmy Depré — commissaris (vaste vertegenwoordiger van Moore Audit BV)
  8. 15/06/2023
    reconductionBercopar NV — bestuurder
  9. 2022
    Annual accounts 2022158,7 k €
  10. 2021
    Annual accounts 2021-88,1 k €
  11. 2018
    Annual accounts 2018-16,5 M €
  12. 2017
    Annual accounts 20172,2 M €
  13. 2016
    Annual accounts 2016-2,7 M €
  14. 2015
    Annual accounts 20153,5 M €
  15. 2014
    Annual accounts 2014599,7 k €
  16. 2013
    Annual accounts 201314,6 M €
  17. 2013
    Name changeDeparco Group
  18. 2012
    Annual accounts 2012835,4 k €
  19. 2011
    Annual accounts 2011-445,2 k €
  20. 2010
    Annual accounts 20105,2 M €
  21. 2009
    Annual accounts 2009192,1 k €
  22. 2008
    Annual accounts 2008385,2 k €
  23. 2007
    Annual accounts 2007104,7 k €
  24. 2006
    Annual accounts 200690,1 k €
  25. 2006
    Name changeDENYS MARKETING & CONSULTANCY
  26. 27/04/1990
    IncorporationPublic limited company