ACTIVE

AED Rent

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Financial year 2025 · closed on 31/12/2025

Net result

3,4 M €

+45.3% YoY

Revenue

36,3 M €

-3.8% YoY

Equity

28,8 M €

+13.2% YoY

Workforce

104,4 ETP

+10.0% YoY

What does AED Rent do?

AED Rent is a Public limited company incorporated in 1994. Its registered office is in Willebroek. It employs on average 104,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.899.343

Incorporation

18/01/1994

Legal form

Public limited company

Registered office

Bedrijvenpark De Veert 12
2830 Willebroek · FlandreSee on map

Contributed capital

8 409 249,50 €

Latest accounts

31/12/2025

Average workforce

104,4 ETP

Joint committees (5)

126
14901
200
201
218

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	36,3 M €	-3.8%	37,8 M €	+20.9%	31,3 M €	+15.5%	27,1 M €	+57.5%	17,2 M €	+65.8%	10,4 M €	-61.5%	26,9 M €	+12.3%	24 M €	-14.6%	28,1 M €	-10.6%	31,4 M €	+14.6%	27,4 M €	+16.4%	23,5 M €	+18.0%	19,9 M €	-6.5%	21,3 M €	+56.2%	13,7 M €	+18.2%	11,6 M €	-15.4%	13,7 M €	+0.3%	13,6 M €	+7.9%	12,6 M €
EBITDA	18,5 M €	-8.8%	20,3 M €	+29.2%	15,7 M €	-2.2%	16,1 M €	+50.0%	10,7 M €	+402%	2,1 M €	-84.2%	13,5 M €	+7.9%	12,5 M €	+10.2%	11,4 M €	-4.7%	11,9 M €	+6.3%	11,2 M €	+5.5%	10,7 M €	+10.2%	9,7 M €	-20.7%	12,2 M €	+48.8%	8,2 M €	+6.5%	7,7 M €	-6.2%	8,2 M €	+6.3%	7,7 M €	+36.3%	5,7 M €
Operating result	2,1 M €	-54.3%	4,6 M €	+117%	2,1 M €	-50.0%	4,3 M €	-23.4%	5,6 M €	+262%	-3,4 M €	-221%	2,8 M €	+55.8%	1,8 M €	+53.2%	1,2 M €	-51.2%	2,4 M €	+69.5%	1,4 M €	+8.1%	1,3 M €	+108%	640,3 k €	-77.6%	2,9 M €	+438%	530,7 k €	-65.2%	1,5 M €	+57.2%	969,8 k €	-40.8%	1,6 M €	+14.8%	1,4 M €
Net result	3,4 M €	+45.3%	2,3 M €	+1.7%	2,3 M €	-43.4%	4 M €	+65.4%	2,4 M €	+138%	-6,5 M €	-1062%	672,9 k €	-27.8%	932,5 k €	+90.6%	489,4 k €	+495%	-123,8 k €	-157%	215,7 k €	-88.3%	1,8 M €	+910%	-227,4 k €	-114%	1,6 M €	+46.4%	1,1 M €	+0.1%	1,1 M €	+389%	220,7 k €	-71.6%	776,9 k €	-50.6%	1,6 M €
Balance sheet
Equity	28,8 M €	+13.2%	25,5 M €	+10.0%	23,1 M €	+10.9%	20,9 M €	+23.9%	16,8 M €	+16.9%	14,4 M €	-31.0%	20,9 M €	+3.3%	20,2 M €	+4.8%	19,3 M €	+2.6%	18,8 M €	-0.7%	18,9 M €	+1.1%	18,7 M €	+10.9%	16,9 M €	-1.4%	17,1 M €	+10.1%	15,5 M €	+34.5%	11,6 M €	+11.4%	10,4 M €	+6.9%	9,7 M €	+147%	3,9 M €
Total assets	84,6 M €	-5.6%	89,6 M €	+8.4%	82,7 M €	+13.9%	72,6 M €	+12.4%	64,6 M €	-1.4%	65,5 M €	-5.0%	68,9 M €	+12.3%	61,4 M €	+3.4%	59,4 M €	+5.5%	56,3 M €	+6.2%	53 M €	+15.3%	46 M €	+5.9%	43,4 M €	+0.6%	43,2 M €	+7.3%	40,2 M €	+17.7%	34,2 M €	+22.3%	27,9 M €	+34.1%	20,8 M €	+17.2%	17,8 M €
Cash	4,6 M €	-47.5%	8,7 M €	-24.2%	11,5 M €	+63.6%	7 M €	-22.9%	9,1 M €	+15.1%	7,9 M €	-27.8%	11 M €	+35.0%	8,1 M €	+6.6%	7,6 M €	+176%	2,8 M €	-39.5%	4,6 M €	+110%	2,2 M €	+41.4%	1,5 M €	+74.9%	881,2 k €	-63.5%	2,4 M €	+61.0%	1,5 M €	+62.9%	919,7 k €	+243%	268,2 k €	-70.9%	923,1 k €
Debts	54,8 M €	-13.4%	63,3 M €	+7.9%	58,7 M €	+15.8%	50,7 M €	+7.9%	47 M €	-6.5%	50,3 M €	+6.2%	47,3 M €	+18.5%	39,9 M €	+5.0%	38 M €	+10.3%	34,5 M €	+14.3%	30,2 M €	+18.4%	25,5 M €	-0.9%	25,7 M €	+4.3%	24,6 M €	+8.1%	22,8 M €	+13.2%	20,1 M €	+17.0%	17,2 M €	+59.7%	10,8 M €	-20.2%	13,5 M €
Other
Workforce	104,4 ETP	+10.0%	94,9 ETP	+8.6%	87,4 ETP	+13.5%	77,0 ETP	-10.4%	85,9 ETP	-22.1%	110,3 ETP	+3.4%	106,7 ETP	+21.1%	88,1 ETP	-4.3%	92,1 ETP	+19.3%	77,2 ETP	+0.1%	77,1 ETP	+1.2%	76,2 ETP	+46.3%	52,1 ETP	+7.0%	48,7 ETP	+25.8%	38,7 ETP	+30.3%	29,7 ETP	-11.6%	33,6 ETP	-1.8%	34,2 ETP	+14.4%	29,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 41 ended

Active mandates

FILOVEST

Director · since 18 décembre 2025 · until 07 juin 2031 · 0789.515.761

Represented by Steven Mansvelt

Active

Dean Roggeman

Director · since 25 août 2025 · until 11 décembre 2025

Active

AS Partners

Director · since 30 juin 2023 · until 02 juin 2029 · 0466.690.556

Represented by Stefan Yee

Active

AUDIOWORX

Managing director · since 30 juin 2023 · until 08 juillet 2025 · 0454.610.888

Represented by Glenn Roggeman

Active

AVWORX

Director · since 30 juin 2023 · until 02 juin 2029 · 0843.986.409

Represented by Thierry Heldenbergh

Active

ING BELGIQUE

Director · since 30 juin 2023 · until 02 juin 2029 · 0403.200.393

Represented by Tom Bousmans

Active

Phifin

Director · since 30 juin 2023 · until 02 juin 2029 · 0837.970.528

Represented by Jacques-Martin Philippson

Active

Ended mandates

AUDIOWORX

Managing director · since 30 juin 2023 · until 02 juin 2029 · 0454.610.888

Represented by Glenn Roggeman

Ended

AS Partners

Director · since 03 juin 2017 · until 03 juin 2023 · 0466.690.556

Represented by Stefaan Yee

Ended

AS Partners

Director · since 03 juin 2017 · until 30 juin 2023 · 0466.690.556

Represented by Stefaan Yee

Ended

AS Partners

Director · since 03 juin 2017 · until 03 juin 2023 · 0466.690.556

Represented by STEFAAN YEE

Ended

At this address

Other companies at this address

Company	CBE no.
AED LEASE● Active	0842.318.009

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	m120-f-p
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	23/09/2024	26/07/2023	11/07/2022	16/08/2021
General meeting	06/06/2026	01/04/2025	28/06/2024	30/06/2023	30/06/2022	03/08/2021
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

34 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
m120-f-p	31/12/2024	01/04/2025	14/04/2025	Dutch	PDF
Full modelCorrection	31/12/2023	28/06/2024	23/09/2024	Dutch	PDF
Full model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
m120-f-p	31/12/2023	31/07/2024	19/08/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
m120-f-p	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	11/07/2022	Dutch	PDF
m120-f-p	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	22/07/2021	Dutch	PDF
m120-f-p	31/12/2020	03/08/2021	16/08/2021	Dutch	PDF
Full modelCorrection	31/12/2019	09/11/2020	25/11/2020	Dutch	PDF
Full model	31/12/2019	08/09/2020	08/10/2020	Dutch	PDF
m120-f-p	31/12/2019	08/09/2020	26/11/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	26/07/2019	Dutch	PDF
m120-f-p	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Full model	31/12/2017	23/06/2018	23/07/2018	Dutch	PDF
m120-f-p	31/12/2017	30/06/2018	13/11/2018	Dutch	PDF
Full model	31/12/2016	03/06/2017	03/07/2017	Dutch	PDF
m120-f-p	31/12/2016	30/06/2017	02/10/2017	Dutch	PDF
Full model	31/12/2015	04/06/2016	27/06/2016	Dutch	PDF
m120-f-p	31/12/2015	04/06/2016	14/07/2016	Dutch	PDF
Full model	31/12/2014	06/06/2015	03/07/2015	Dutch	PDF

View all 34 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

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 · 7 active · 41 ended

Active mandates

FILOVEST

Director · since 18 décembre 2025 · until 07 juin 2031 · 0789.515.761

Represented by Steven Mansvelt

Active

Dean Roggeman

Director · since 25 août 2025 · until 11 décembre 2025

Active

AS Partners

Director · since 30 juin 2023 · until 02 juin 2029 · 0466.690.556

Represented by Stefan Yee

Active

AUDIOWORX

Managing director · since 30 juin 2023 · until 08 juillet 2025 · 0454.610.888

Represented by Glenn Roggeman

Active

AVWORX

Director · since 30 juin 2023 · until 02 juin 2029 · 0843.986.409

Represented by Thierry Heldenbergh

Active

ING BELGIQUE

Director · since 30 juin 2023 · until 02 juin 2029 · 0403.200.393

Represented by Tom Bousmans

Active

Phifin

Director · since 30 juin 2023 · until 02 juin 2029 · 0837.970.528

Represented by Jacques-Martin Philippson

Active

Ended mandates

AUDIOWORX

Managing director · since 30 juin 2023 · until 02 juin 2029 · 0454.610.888

Represented by Glenn Roggeman

Ended

AS Partners

Director · since 03 juin 2017 · until 03 juin 2023 · 0466.690.556

Represented by Stefaan Yee

Ended

AS Partners

Director · since 03 juin 2017 · until 30 juin 2023 · 0466.690.556

Represented by Stefaan Yee

Ended

AS Partners

Director · since 03 juin 2017 · until 03 juin 2023 · 0466.690.556

Represented by STEFAAN YEE

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring17/08/2026
Neerlegging voorstellen tot fusie overeenkomstig de artikelen 12:50 tot en
PDF
Capital / shares29/05/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates05/05/2026
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates15/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring29/01/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares07/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates07/01/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring04/11/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

13/05/2026
augmentation_capital
03/04/2026
nominationWim Loridan — bijzondere volmacht
03/04/2026
nominationEddy De Greef — bijzondere volmacht
01/01/2026
autre
2025
Annual accounts 20253,4 M €↑
23/12/2025
autre
23/12/2025
augmentation_capital
18/12/2025
nominationFILOVEST — A-bestuurder
25/08/2025
nominationDean Roggeman — A-bestuurder
08/07/2025
nominationSteven Mansvelt — dagelijks bestuur
07/03/2025
autre
2024
Annual accounts 20242,3 M €↑
11/10/2024
autre
2023
Annual accounts 20232,3 M €↓
27/09/2023
reconductionThierry Heldenbergh — bestuurder (vertegenwoordiger van AVWORX BV)
27/09/2023
reconductionGlenn Roggeman — bestuurder (vertegenwoordiger van AVWORX BV)
27/09/2023
reconductionStefan Yee — bestuurder (vertegenwoordiger van AS PARTNERS BV)
27/09/2023
reconductionTom Bousmans — bestuurder (vertegenwoordiger van ING BELGIË NV)
27/09/2023
reconductionJacques-Martin Philippson — bestuurder (vertegenwoordiger van PHIFIN NV)
19/09/2023
nominationGlenn Roggeman — gedelegeerd bestuurder (vertegenwoordiger van AUDIOWORX BV)
30/06/2023
nominationBart Roose — commissaris (vaste vertegenwoordiger van VGD Bedrijfsrevisoren)
2022
Annual accounts 20224 M €↑
16/09/2022
autre
2021
Annual accounts 20212,4 M €↑
2020
Annual accounts 2020-6,5 M €↓
2019
Annual accounts 2019672,9 k €↓
2018
Annual accounts 2018932,5 k €↑
2017
Annual accounts 2017489,4 k €↑
2016
Annual accounts 2016-123,8 k €↓
2015
Annual accounts 2015215,7 k €↓
2014
Annual accounts 20141,8 M €↑
2013
Annual accounts 2013-227,4 k €↓
2013
Name changeAED RENT
2012
Annual accounts 20121,6 M €↑
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 20101,1 M €↑
2009
Annual accounts 2009220,7 k €↓
2008
Annual accounts 2008776,9 k €↓
2007
Annual accounts 20071,6 M €
2007
Name changeA.E.D. RENT
18/01/1994
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 Rent

Overview

What does AED Rent 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

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline