ACTIVE

AAH

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Financial year 2025 · closed on 30/09/2025

Net result

94,7 k €

-27.0% YoY

Gross margin

215,4 k €

-19.1% YoY

Equity

688,6 k €

+0.1% YoY

What does AAH do?

AAH is a Private limited company incorporated in 2002. Its main activity is: Legal activities. Its registered office is in Schaerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.194.153

Incorporation

31/12/2002

Legal form

Private limited company

Registered office

Avenue Paul Deschanel 257 box 7
1030 Schaerbeek · BruxellesSee on map

Contributed capital

12 400,00 €

Latest accounts

30/09/2025

Activities (NACE)

69101Legal activities· main 69101Legal activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	215,4 k €	-19.1%	266,4 k €	-23.8%	349,7 k €	+29.2%	270,6 k €	+42.9%	189,4 k €	+37.1%	138,2 k €	+12.5%	122,9 k €	-35.0%	189 k €	+104%	92,6 k €	+172%	34,1 k €	-47.4%	64,8 k €	-41.1%	110,1 k €	+19.7%	91,9 k €	+43.1%	64,2 k €	-64.1%	178,9 k €	+12.3%	159,4 k €	+4.1%	153,1 k €
EBITDA	158,5 k €	-25.1%	211,5 k €	-28.8%	297,2 k €	+33.0%	223,4 k €	+56.2%	143 k €	+42.1%	100,7 k €	+18.9%	84,7 k €	-45.1%	154,4 k €	+177%	55,7 k €	+171%	20,6 k €	-67.4%	63 k €	-41.8%	108,4 k €	+20.0%	90,3 k €	+25.3%	72,1 k €	-59.4%	177,7 k €	+6.3%	167,2 k €	+25.0%	133,8 k €
Operating result	140,7 k €	-27.1%	193 k €	-31.2%	280,3 k €	+33.9%	209,4 k €	+58.0%	132,5 k €	+60.6%	82,5 k €	+27.8%	64,5 k €	-51.5%	133 k €	+234%	39,8 k €	+406%	7,9 k €	-84.9%	52,2 k €	-46.3%	97,2 k €	+11.4%	87,3 k €	+55.6%	56,1 k €	-65.6%	162,9 k €	+6.7%	152,6 k €	+28.0%	119,2 k €
Net result	94,7 k €	-27.0%	129,6 k €	-31.2%	188,4 k €	+34.6%	140 k €	+57.8%	88,7 k €	+52.3%	58,3 k €	+44.2%	40,4 k €	-51.5%	83,4 k €	+222%	25,9 k €	+252%	7,4 k €	-82.1%	41,2 k €	-41.4%	70,3 k €	+17.1%	60 k €	+61.8%	37,1 k €	-64.6%	104,8 k €	+3.9%	100,9 k €	+27.4%	79,2 k €
Balance sheet
Equity	688,6 k €	+0.1%	687,9 k €	+12.4%	612,3 k €	+32.6%	461,8 k €	-48.0%	888,2 k €	+7.3%	827,9 k €	+7.6%	769,6 k €	+5.5%	729,2 k €	+13.0%	645,4 k €	+16.4%	554,7 k €	-7.8%	602 k €	+7.3%	560,8 k €	+14.3%	490,5 k €	+13.9%	430,5 k €	+9.4%	393,3 k €	+36.3%	288,6 k €	+53.7%	187,7 k €
Total assets	890,2 k €	+1.2%	879,2 k €	+19.1%	738,4 k €	+16.4%	634,3 k €	-38.8%	1 M €	+13.0%	916,5 k €	+8.5%	844,4 k €	-0.3%	846,7 k €	+16.2%	728,8 k €	+9.1%	668 k €	-6.5%	714,3 k €	+4.0%	686,7 k €	+9.5%	627,4 k €	+8.6%	577,7 k €	+1.4%	569,8 k €	+23.6%	461,1 k €	+10.4%	417,5 k €
Cash	704,7 k €	+8.5%	649,8 k €	+21.0%	536,8 k €	+30.4%	411,7 k €	-51.2%	843,5 k €	+13.4%	743,9 k €	+13.2%	657 k €	+1.5%	647,2 k €	+22.8%	527,1 k €	+19.0%	443,1 k €	-8.7%	485,3 k €	+5.5%	460,1 k €	+14.1%	403 k €	+25.8%	320,4 k €	-1.7%	325,8 k €	+7148%	4,5 k €	-88.4%	38,7 k €
Debts	201,6 k €	+5.4%	191,3 k €	+51.7%	126,1 k €	-26.9%	172,4 k €	+16.9%	147,5 k €	+66.6%	88,6 k €	+18.5%	74,8 k €	-36.4%	117,5 k €	+41.0%	83,3 k €	-26.4%	113,2 k €	+3.6%	109,3 k €	-13.2%	125,9 k €	-8.0%	136,9 k €	-7.0%	147,2 k €	-12.0%	167,4 k €	+2.4%	163,4 k €	-22.8%	211,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Alain HENDERICKX

Director · since 18 novembre 2002

Active

Ended mandates

ALAIN HENDERICKX

Manager · since 18 novembre 2002

Ended

ALAIN HENDERICKX

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ANAKENA● Active	0448.611.439
Association des copropriétaires de l'immeuble sis à Schaerbeek, avenue Paul Deschanel 257 (act 255-257)● Active	0846.421.307
FRAMEWERK● Active	0765.716.119
LA FISCALE● Active	0697.572.431

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2018
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/03/2026	31/03/2025	26/03/2024	14/03/2023	29/04/2022	21/06/2020
General meeting	12/03/2026	17/03/2025	14/03/2024	09/03/2023	02/03/2022	04/03/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	12/03/2026	15/03/2026	French	PDF
Micro model	30/09/2024	17/03/2025	31/03/2025	French	PDF
Micro model	30/09/2023	14/03/2024	26/03/2024	French	PDF
Micro model	30/09/2022	09/03/2023	14/03/2023	French	PDF
Micro model	30/09/2021	02/03/2022	29/04/2022	French	PDF
Micro model	30/09/2019	04/03/2020	21/06/2020	French	PDF
Micro model	30/09/2018	06/03/2019	09/05/2019	French	PDF
Micro model	30/09/2017	08/03/2018	16/05/2018	French	PDF
Abridged model	30/09/2016	01/03/2017	17/03/2017	French	PDF
Abridged model	30/09/2014	12/03/2015	30/04/2015	French	PDF
Abridged model	30/09/2013	13/03/2014	27/03/2014	French	PDF
Abridged model	30/09/2012	14/03/2013	23/04/2013	French	PDF
Abridged model	30/09/2011	08/03/2012	06/04/2012	French	PDF
Abridged model	30/09/2010	10/03/2011	28/04/2011	French	PDF
Abridged model	30/09/2009	11/03/2010	29/04/2010	French	PDF
Abridged model	30/09/2008	12/03/2009	23/03/2009	French	PDF
Abridged model	30/09/2007	13/03/2008	13/05/2008	French	PDF
Abridged model	30/09/2006	08/03/2007	29/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/09/2025 · 1 active · 2 ended

Active mandates

Alain HENDERICKX

Director · since 18 novembre 2002

Active

Ended mandates

ALAIN HENDERICKX

Manager · since 18 novembre 2002

Ended

ALAIN HENDERICKX

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/11/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares27/10/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office20/11/2007
SIEGE SOCIAL
PDF
Capital / shares05/05/2006
ANNEE COMPTABLE - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office18/08/2005
SIEGE SOCIAL
PDF
Other10/01/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202594,7 k €↓
2024
Annual accounts 2024129,6 k €↓
2023
Annual accounts 2023188,4 k €↑
2022
Annual accounts 2022140 k €↑
2021
Annual accounts 202188,7 k €↑
2019
Annual accounts 201958,3 k €↑
2018
Annual accounts 201840,4 k €↓
2017
Annual accounts 201783,4 k €↑
2016
Annual accounts 201625,9 k €↑
2014
Annual accounts 20147,4 k €↓
2013
Annual accounts 201341,2 k €↓
2012
Annual accounts 201270,3 k €↑
2011
Annual accounts 201160 k €↑
2010
Annual accounts 201037,1 k €↓
2009
Annual accounts 2009104,8 k €↑
2008
Annual accounts 2008100,9 k €↑
2007
Annual accounts 200779,2 k €
31/12/2002
IncorporationPrivate 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

AAH

Overview

What does AAH do?

Trend over 17 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