ACTIVE

AARON

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Financial year 2025 · closed on 31/12/2025

Net result

-2,4 k €

-108.7% YoY

Gross margin

785,9 €

-97.9% YoY

Equity

110,3 k €

-2.1% YoY

What does AARON do?

AARON is a Public limited company incorporated in 1990. Its registered office is in Brasschaat.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.049.793

Incorporation

25/07/1990

Legal form

Public limited company

Registered office

Bredabaan 1057 box 2
2930 Brasschaat · FlandreSee on map

Contributed capital

124 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	785,9 €	-97.9%	36,9 k €	+1544%	2,2 k €	+121%	-10,9 k €	-264%	6,6 k €	-35.1%	10,2 k €	+131%	4,4 k €	-87.4%	35 k €	+82.4%	19,2 k €	+202%	6,3 k €	-35.7%	9,9 k €	+186%	3,5 k €	-39.3%	5,7 k €	+252%	-3,7 k €	-178%	4,8 k €	+161%	-7,8 k €	-196%	8,2 k €	+161%	-13,5 k €	+8.5%	-14,7 k €
EBITDA	408,6 €	-98.8%	34,3 k €	+3807%	878,8 €	+107%	-11,8 k €	-346%	4,8 k €	-46.1%	8,9 k €	+156%	3,5 k €	-89.6%	33,6 k €	+98.0%	17 k €	+388%	3,5 k €	-61.1%	9 k €	+200%	3 k €	-40.7%	5 k €	+196%	-5,3 k €	-242%	3,7 k €	+140%	-9,2 k €	-226%	7,3 k €	+145%	-16,1 k €	-2.6%	-15,7 k €
Operating result	-608 €	-102%	34,3 k €	+3807%	878,8 €	+107%	-11,8 k €	-346%	4,8 k €	+40.4%	3,4 k €	+172%	-4,8 k €	-119%	25,4 k €	+191%	8,7 k €	+1090%	734 €	-91.8%	9 k €	+200%	3 k €	-40.7%	5 k €	+196%	-5,3 k €	-805%	-582,9 €	+96.7%	-17,8 k €	-1320%	-1,3 k €	+95.3%	-26,5 k €	-18.9%	-22,3 k €
Net result	-2,4 k €	-109%	27,3 k €	+61635%	-44,4 €	+99.6%	-11,8 k €	-341%	4,9 k €	+37.6%	3,5 k €	+183%	-4,3 k €	-117%	24,7 k €	+183%	8,7 k €	+75.8%	5 k €	-45.7%	9,1 k €	+211%	2,9 k €	-43.3%	5,2 k €	+215%	-4,5 k €	-556%	-684 €	+95.9%	-16,7 k €	-1525%	-1 k €	+96.2%	-26,9 k €	-31.1%	-20,5 k €
Balance sheet
Equity	110,3 k €	-2.1%	112,7 k €	+32.0%	85,4 k €	-0.1%	85,4 k €	-12.1%	97,2 k €	+5.3%	92,3 k €	+4.0%	88,8 k €	-4.6%	93,1 k €	+19.9%	77,6 k €	+12.6%	68,9 k €	+7.7%	64 k €	+16.6%	54,8 k €	+5.6%	51,9 k €	+11.1%	46,7 k €	-8.8%	51,2 k €	-1.3%	51,9 k €	-24.4%	68,6 k €	-1.5%	69,7 k €	-27.8%	96,6 k €
Total assets	127,7 k €	-3.9%	132,9 k €	+38.3%	96,1 k €	-1.8%	97,9 k €	-6.7%	104,9 k €	+2.5%	102,4 k €	+10.4%	92,8 k €	-15.5%	109,8 k €	+18.7%	92,5 k €	-2.0%	94,3 k €	+39.3%	67,7 k €	+21.1%	55,9 k €	+2.3%	54,6 k €	-33.2%	81,8 k €	+32.0%	61,9 k €	-18.2%	75,7 k €	-41.0%	128,4 k €	-14.2%	149,5 k €	-10.1%	166,3 k €
Cash	32,8 k €	+13.9%	28,8 k €	-49.1%	56,6 k €	-25.3%	75,7 k €	+5.1%	72 k €	+57.9%	45,6 k €	+128%	20 k €	-55.6%	45 k €	+1902%	2,3 k €	+57.7%	1,4 k €	-94.9%	28 k €	-2.6%	28,8 k €	+132%	12,4 k €	+28.4%	9,7 k €	-2.1%	9,9 k €	-38.4%	16 k €	-69.1%	51,9 k €	-7.7%	56,2 k €	-22.9%	73 k €
Debts	17,4 k €	-14.1%	20,2 k €	+89.1%	10,7 k €	-14.4%	12,5 k €	+280%	3,3 k €	-67.3%	10,1 k €	+154%	4 k €	-76.2%	16,7 k €	+12.6%	14,8 k €	-41.5%	25,4 k €	+770%	2,9 k €	+180%	1 k €	-61.5%	2,7 k €	-92.3%	35,1 k €	+227%	10,7 k €	-55.0%	23,8 k €	-60.1%	59,7 k €	-25.2%	79,9 k €	+14.5%	69,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

Luc Van Noten

Director · since 30 août 2024

Active

Marilou Van Noten

Director · since 30 août 2024

Active

Ended mandates

I.D.H. DIAMONDS

Director · since 01 juin 2012 · until 31 mai 2018 · 0404.962.627

Represented by David Horowitz

Ended

I.D.H. DIAMONDS

Director · since 01 juin 2012 · until 31 mai 2018 · 0404.962.627

Represented by David Horowitz

Ended

Luc VAN NOTEN

Managing director · since 01 juin 2012 · until 31 mai 2018

Ended

Philippe VAN NOTEN

Director · since 01 juin 2012 · until 31 mai 2018

Ended

At this address

Other companies at this address

Company	CBE no.
JUGLANS● Active	0448.555.615
TER HEIDE● Active	0425.968.570

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/09/2026	29/08/2025	29/08/2024	19/09/2023	26/08/2022	25/10/2021
General meeting	31/08/2026	31/07/2025	28/06/2024	30/06/2023	30/06/2022	30/09/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/08/2026	09/09/2026	Dutch	PDF
Abridged model	31/12/2024	31/07/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	19/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/09/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	28/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/05/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	30/05/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	25/05/2011	18/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	12/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/05/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	17/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 13 ended

Active mandates

Luc Van Noten

Director · since 30 août 2024

Active

Marilou Van Noten

Director · since 30 août 2024

Active

Ended mandates

I.D.H. DIAMONDS

Director · since 01 juin 2012 · until 31 mai 2018 · 0404.962.627

Represented by David Horowitz

Ended

I.D.H. DIAMONDS

Director · since 01 juin 2012 · until 31 mai 2018 · 0404.962.627

Represented by David Horowitz

Ended

Luc VAN NOTEN

Managing director · since 01 juin 2012 · until 31 mai 2018

Ended

Philippe VAN NOTEN

Director · since 01 juin 2012 · until 31 mai 2018

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-2,4 k €↓
2024
Annual accounts 202427,3 k €↑
2023
Annual accounts 2023-44,4 €↑
2022
Annual accounts 2022-11,8 k €↓
2021
Annual accounts 20214,9 k €↑
2020
Annual accounts 20203,5 k €↑
2019
Annual accounts 2019-4,3 k €↓
2018
Annual accounts 201824,7 k €↑
2016
Annual accounts 20168,7 k €↑
2015
Annual accounts 20155 k €↓
2014
Annual accounts 20149,1 k €↑
2013
Annual accounts 20132,9 k €↓
2012
Annual accounts 20125,2 k €↑
2011
Annual accounts 2011-4,5 k €↓
2010
Annual accounts 2010-684 €↑
2009
Annual accounts 2009-16,7 k €↓
2008
Annual accounts 2008-1 k €↑
2007
Annual accounts 2007-26,9 k €↓
2006
Annual accounts 2006-20,5 k €
25/07/1990
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

AARON

Overview

What does AARON do?

Trend over 19 financial years

Indicative valuation

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

Similar companies

Similar companies

Timeline