AE
0466.550.303 · rovalta.com · 22/09/2026
ACTIVE
Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
-49.2% YoY
Revenue
64,8 M €
+8.1% YoY
Equity
9,1 M €
+5.9% YoY
Workforce
336,0 ETP
+4.4% YoY
Overview
What does AE do?
AE is a Public limited company incorporated in 1999. Its registered office is in Leuven. It employs on average 336,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0466.550.303
Incorporation
28/07/1999
Legal form
Public limited company
Registered office
Interleuvenlaan 76
3001 Leuven · FlandreSee on map
3001 Leuven · FlandreSee on map
Contributed capital
1 925 658,00 €
Latest accounts
31/12/2025
Average workforce
336,0 ETP
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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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 | 64,8 M € | +8.1% | 60 M € | +18.2% | 50,7 M € | +10.3% | 46 M € | +13.0% | 40,7 M € | +6.6% | 38,2 M € | +5.5% | 36,2 M € | +11.0% | 32,6 M € | +15.4% | 28,3 M € | +17.2% | 24,1 M € | +14.4% | 21,1 M € | +1.4% | 20,8 M € | +13.4% | 18,3 M € | +10.2% | 16,6 M € | +13.7% | 14,6 M € | -11.5% | 16,5 M € | +24.3% | 13,3 M € | +23.3% | 10,8 M € | -5.1% | 11,4 M € |
| EBITDA | 2,6 M € | -41.1% | 4,5 M € | +21.5% | 3,7 M € | +24.9% | 2,9 M € | +16.0% | 2,5 M € | +22.7% | 2,1 M € | +1.2% | 2 M € | -18.6% | 2,5 M € | -27.5% | 3,5 M € | +84.9% | 1,9 M € | +28.7% | 1,5 M € | -20.3% | 1,8 M € | +4.0% | 1,8 M € | -1.0% | 1,8 M € | +54.2% | 1,1 M € | -18.1% | 1,4 M € | +15.0% | 1,2 M € | +13.8% | 1,1 M € | -30.0% | 1,5 M € |
| Operating result | 789,8 k € | -71.9% | 2,8 M € | +35.8% | 2,1 M € | +33.5% | 1,5 M € | +7.5% | 1,4 M € | +90.4% | 756,5 k € | +11.1% | 681,2 k € | -36.4% | 1,1 M € | -55.7% | 2,4 M € | +135% | 1 M € | +25.6% | 818,6 k € | -37.4% | 1,3 M € | +5.6% | 1,2 M € | +0.9% | 1,2 M € | +68.5% | 728,6 k € | -37.3% | 1,2 M € | +12.6% | 1 M € | +6.3% | 971,1 k € | -32.2% | 1,4 M € |
| Net result | 1,5 M € | -49.2% | 2,9 M € | +34.7% | 2,2 M € | +31.1% | 1,7 M € | +4.0% | 1,6 M € | +27.8% | 1,2 M € | +49.8% | 830,9 k € | +192% | -902,7 k € | -147% | 1,9 M € | +3884% | 48 k € | -96.5% | 1,4 M € | -20.0% | 1,7 M € | +162% | 649,8 k € | -38.3% | 1,1 M € | +443% | 193,9 k € | -85.6% | 1,3 M € | +62.4% | 827,8 k € | +127% | 364,9 k € | -61.9% | 957,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 9,1 M € | +5.9% | 8,6 M € | +14.4% | 7,5 M € | +14.4% | 6,6 M € | -31.5% | 9,6 M € | +6.5% | 9 M € | +9.1% | 8,2 M € | +5.2% | 7,8 M € | -13.3% | 9 M € | +1.3% | 8,9 M € | +0.5% | 8,9 M € | +10.7% | 8 M € | +25.9% | 6,4 M € | +0.8% | 6,3 M € | +7.1% | 5,9 M € | +7.4% | 5,5 M € | +11.0% | 4,9 M € | +7.2% | 4,6 M € | +8.6% | 4,3 M € |
| Total assets | 27,3 M € | +18.6% | 23 M € | +16.9% | 19,7 M € | +5.4% | 18,7 M € | +8.5% | 17,2 M € | +20.6% | 14,3 M € | +0.8% | 14,2 M € | -4.7% | 14,9 M € | -15.5% | 17,6 M € | +16.9% | 15 M € | +2.3% | 14,7 M € | +13.7% | 12,9 M € | +23.1% | 10,5 M € | +2.3% | 10,3 M € | +12.0% | 9,2 M € | +7.4% | 8,5 M € | +12.4% | 7,6 M € | +17.9% | 6,4 M € | -5.6% | 6,8 M € |
| Cash | 1,7 M € | -8.4% | 1,8 M € | +149% | 733,4 k € | -35.5% | 1,1 M € | -41.5% | 1,9 M € | +64.7% | 1,2 M € | +64.3% | 717,7 k € | -36.0% | 1,1 M € | -58.3% | 2,7 M € | +805% | 297,1 k € | -77.9% | 1,3 M € | -24.6% | 1,8 M € | +103% | 878,1 k € | -25.9% | 1,2 M € | +163% | 450,6 k € | -27.5% | 621,3 k € | -25.0% | 828,7 k € | +257% | 231,9 k € | -41.0% | 392,9 k € |
| Debts | 16,4 M € | +29.2% | 12,7 M € | +12.9% | 11,2 M € | +3.8% | 10,8 M € | +59.1% | 6,8 M € | +30.6% | 5,2 M € | -8.1% | 5,7 M € | -14.4% | 6,6 M € | -21.9% | 8,5 M € | +39.7% | 6,1 M € | +4.7% | 5,8 M € | +18.7% | 4,9 M € | +22.0% | 4 M € | +2.0% | 3,9 M € | +21.5% | 3,2 M € | +14.4% | 2,8 M € | +10.4% | 2,6 M € | +44.5% | 1,8 M € | -22.2% | 2,3 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 336,0 ETP | +4.4% | 321,8 ETP | +11.1% | 289,7 ETP | +27.4% | 227,4 ETP | +6.0% | 214,6 ETP | +3.7% | 206,9 ETP | -1.0% | 208,9 ETP | +11.2% | 187,8 ETP | +4.4% | 179,9 ETP | +8.6% | 165,6 ETP | +11.7% | 148,2 ETP | +12.2% | 132,1 ETP | +5.9% | 124,7 ETP | +13.6% | 109,8 ETP | +10.4% | 99,5 ETP | +14.1% | 87,2 ETP | -2.5% | 89,4 ETP | +3.8% | 86,1 ETP | -2.0% | 87,9 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 47 ended
Active mandates
Active
Active
Active
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
AE Projects● Active | 0872.629.024 |
Financials
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 | 16/06/2026 | 18/06/2025 | 19/06/2024 | 15/06/2023 | 15/06/2022 | 05/07/2021 |
| General meeting | 19/05/2026 | 20/05/2025 | 24/05/2024 | 25/05/2023 | 17/05/2022 | 08/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
26 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 19/05/2026 | 16/06/2026 | Dutch | |
| Full model | 31/12/2024 | 20/05/2025 | 18/06/2025 | Dutch | |
| Full model | 31/12/2023 | 24/05/2024 | 19/06/2024 | Dutch | |
| Full model | 31/12/2022 | 25/05/2023 | 15/06/2023 | Dutch | |
| Full model | 31/12/2021 | 17/05/2022 | 15/06/2022 | Dutch | |
| Full model | 31/12/2020 | 08/06/2021 | 05/07/2021 | Dutch | |
| Full model | 31/12/2019 | 19/05/2020 | 19/06/2020 | Dutch | |
| Full model | 31/12/2018 | 21/05/2019 | 16/06/2019 | Dutch | |
| Full model | 31/12/2017 | 29/05/2018 | 13/07/2018 | Dutch | |
| Full model | 31/12/2016 | 16/05/2017 | 08/06/2017 | Dutch | |
| Full model | 31/12/2015 | 02/06/2016 | 27/06/2016 | Dutch | |
| Full model | 31/12/2014 | 19/05/2015 | 27/05/2015 | Dutch | |
| Full model | 31/12/2013 | 20/05/2014 | 28/05/2014 | Dutch | |
| Full model | 31/12/2012 | 21/05/2013 | 15/06/2013 | Dutch | |
| Full model | 31/12/2011 | 15/05/2012 | 23/05/2012 | Dutch | |
| Full model | 31/12/2010 | 17/05/2011 | 16/06/2011 | Dutch | |
| Full model | 30/09/2009 | 16/03/2010 | 31/03/2010 | Dutch | |
| Full model | 30/09/2008 | 17/03/2009 | 26/03/2009 | Dutch | |
| Full model | 30/09/2007 | 18/03/2008 | 26/03/2008 | Dutch | |
| Full model | 30/09/2006 | 20/03/2007 | 28/03/2007 | Dutch | |
| Full model | 30/09/2005 | 21/03/2006 | 07/04/2006 | Dutch | |
| Full model | 30/09/2004 | 22/03/2005 | 13/04/2005 | Dutch | |
| Full model | 30/09/2003 | 02/03/2004 | 16/03/2004 | Dutch | |
| Full model | 30/09/2002 | 11/03/2003 | 27/03/2003 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 47 ended
Active mandates
Active
Active
Active
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Capital / shares03/07/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Other05/05/2026DIVERSEN
- Registered office18/02/2026MAATSCHAPPELIJKE ZETEL
- Mandates07/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates09/10/2024ONTSLAGEN - BENOEMINGEN
- Mandates02/02/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Restructuring20/07/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates21/06/2023ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,5 M €↓
- 2024Annual accounts 20242,9 M €↑
- 2023Annual accounts 20232,2 M €↑
- 2022Annual accounts 20221,7 M €↑
- 2021Annual accounts 20211,6 M €↑
- 2020Annual accounts 20201,2 M €↑
- 2019Annual accounts 2019830,9 k €↑
- 2018Annual accounts 2018-902,7 k €↓
- 2017Annual accounts 20171,9 M €↑
- 2016Annual accounts 201648 k €↓
- 2015Annual accounts 20151,4 M €↓
- 2014Annual accounts 20141,7 M €↑
- 2013Annual accounts 2013649,8 k €↓
- 2012Annual accounts 20121,1 M €↑
- 2011Annual accounts 2011193,9 k €↓
- 2010Annual accounts 20101,3 M €↑
- 2009Annual accounts 2009827,8 k €↑
- 2008Annual accounts 2008364,9 k €↓
- 2007Annual accounts 2007957,6 k €
- 28/07/1999IncorporationPublic limited company