ACTIVE

AA Asset Management

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Financial year 2024 · closed on 31/12/2024

Net result

929,7 €

+33.4% YoY

Gross margin

173,9 k €

+440.1% YoY

Equity

280,9 k €

+0.3% YoY

What does AA Asset Management do?

AA Asset Management is a Private limited company incorporated in 2004. Its main activity is: Electrical installation. Its registered office is in Saint-Ghislain.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.097.972

Incorporation

17/03/2004

Legal form

Private limited company

Registered office

Rue de la Verrerie(SG) 3
7330 Saint-Ghislain · WallonieSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2024

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 45215Maintenance and repair of motor vehicles+12

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	173,9 k €	+440%	32,2 k €	-44.8%	58,4 k €	-51.2%	119,7 k €	+13.2%	105,8 k €	+70.7%	62 k €	+21.9%	50,8 k €	-33.3%	76,2 k €	-24.4%	100,9 k €	-9.6%	111,6 k €	-69.1%	360,8 k €	-22.4%	465,1 k €	+97.8%	235,1 k €	-27.1%	322,5 k €	+52.5%	211,5 k €	+2.9%	205,6 k €	-5.0%	216,5 k €	+25.7%	172,2 k €
EBITDA	38,3 k €	+327%	-16,9 k €	-132%	52,5 k €	-34.9%	80,7 k €	-18.4%	98,9 k €	+81.9%	54,3 k €	+51.7%	35,8 k €	-45.4%	65,7 k €	-27.5%	90,6 k €	-9.5%	100,1 k €	-54.7%	221 k €	+13.8%	194,2 k €	+62.7%	119,4 k €	-40.4%	200,3 k €	+62.9%	123 k €	+29.2%	95,2 k €	-28.7%	133,6 k €	+34.7%	99,1 k €
Operating result	9,4 k €	+83.8%	5,1 k €	-83.4%	30,7 k €	-19.9%	38,3 k €	-51.3%	78,6 k €	+141%	32,6 k €	+131%	14,1 k €	+149%	-29 k €	+35.7%	-45,2 k €	-2.7%	-44 k €	-285%	23,8 k €	-64.1%	66,1 k €	+238%	19,5 k €	-81.3%	104,6 k €	+69.3%	61,8 k €	+37.5%	44,9 k €	-54.2%	98,2 k €	+42.1%	69,1 k €
Net result	929,7 €	+33.4%	697,1 €	-96.7%	20,9 k €	-42.1%	36,1 k €	-54.6%	79,4 k €	+300%	19,9 k €	+1064%	1,7 k €	+103%	-51 k €	+37.5%	-81,5 k €	-29.0%	-63,2 k €	-1326%	-4,4 k €	-204%	4,3 k €	-84.5%	27,5 k €	-26.4%	37,4 k €	-6.1%	39,8 k €	-1.2%	40,3 k €	-40.5%	67,7 k €	+42.4%	47,5 k €
Balance sheet
Equity	280,9 k €	+0.3%	280 k €	+0.2%	279,3 k €	+8.1%	258,4 k €	+16.2%	222,3 k €	+55.6%	142,9 k €	+16.1%	123,1 k €	-30.2%	176,3 k €	-22.4%	227,3 k €	-29.2%	320,9 k €	-16.5%	384,1 k €	-1.1%	388,6 k €	+57.4%	246,9 k €	+12.5%	219,4 k €	+16.4%	188,5 k €	+18.8%	158,7 k €	+18.1%	134,4 k €	+102%	66,7 k €
Total assets	565,1 k €	-1.7%	575,1 k €	-1.0%	580,8 k €	-12.7%	665 k €	+63.9%	405,7 k €	+29.6%	312,9 k €	-10.6%	350,1 k €	-54.8%	774,7 k €	-10.9%	869,9 k €	-25.7%	1,2 M €	-20.7%	1,5 M €	-23.1%	1,9 M €	+8.9%	1,8 M €	+4.5%	1,7 M €	+53.8%	1,1 M €	+36.2%	806,9 k €	-2.7%	829,7 k €	+7.7%	770,7 k €
Cash	52,9 k €	+22542%	233,6 €	-96.3%	6,2 k €	-83.5%	37,8 k €	+19535%	192,7 €	+161%	73,8 €	-99.3%	9,9 k €		–		10,8 k €	+379%	2,2 k €	-93.1%	32,6 k €	-58.2%	77,9 k €	+145%	31,8 k €	-80.9%	166,3 k €	-52.2%	347,7 k €	+3537%	9,6 k €	-89.4%	90,1 k €	+113%	42,2 k €
Debts	284,2 k €	-3.7%	295,1 k €	-2.1%	301,5 k €	-25.8%	406,6 k €	+125%	180,4 k €	+14.7%	157,4 k €	-29.2%	222,4 k €	-60.9%	568,3 k €	-5.7%	603 k €	-21.6%	769,5 k €	-21.2%	975,9 k €	-30.9%	1,4 M €	+50.4%	940 k €	-24.5%	1,2 M €	+49.8%	831,1 k €	+50.8%	551,2 k €	+5.6%	522 k €	-15.0%	614,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		6,6 ETP	-25.8%	8,9 ETP	+85.4%	4,8 ETP	+9.1%	4,4 ETP	+57.1%	2,8 ETP	-36.4%	4,4 ETP	+76.0%	2,5 ETP	+31.6%	1,9 ETP

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 31/12/2024 · 2 active · 5 ended

Active mandates

Rania AIT

Director · since 30 mai 2024

Active

Brahim AIT

Director · since 12 mars 2004 · until 30 mai 2024

Active

Ended mandates

Rania AIT ABDERRAHMAN

Director · since 30 mai 2024

Ended

Brahim AIT ABDERRAHMAN

Manager · since 17 avril 2005

Ended

Brahim AIT

Director · since 12 mars 2004

Ended

Brahim AIT

Manager · since 12 mars 2004

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2025	15/10/2024	18/10/2023	14/10/2022	27/08/2021	30/10/2020
General meeting	05/05/2025	30/06/2024	18/10/2023	02/05/2022	03/05/2021	04/05/2020
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	31/12/2024	05/05/2025	31/08/2025	French	PDF
Micro model	31/12/2023	30/06/2024	15/10/2024	French	PDF
Micro model	31/12/2022	18/10/2023	18/10/2023	French	PDF
Micro model	31/12/2021	02/05/2022	14/10/2022	French	PDF
Micro model	31/12/2020	03/05/2021	27/08/2021	French	PDF
Micro model	31/12/2019	04/05/2020	30/10/2020	French	PDF
Micro model	31/12/2018	20/04/2020	24/04/2020	French	PDF
Micro model	31/12/2017	25/02/2019	27/03/2019	French	PDF
Micro model	31/12/2016	21/09/2017	22/09/2017	French	PDF
Abridged model	31/12/2014	04/05/2015	06/01/2016	French	PDF
Abridged model	31/12/2013	10/12/2014	12/12/2014	French	PDF
Abridged model	31/12/2012	06/03/2014	12/12/2014	French	PDF
Abridged model	31/12/2011	10/11/2012	16/11/2012	French	PDF
Abridged model	31/12/2010	02/05/2011	09/11/2011	French	PDF
Abridged model	31/12/2009	12/11/2010	28/12/2010	French	PDF
Abridged model	31/12/2008	30/09/2009	24/11/2009	French	PDF
Abridged model	31/12/2007	27/10/2008	20/11/2008	French	PDF
Abridged model	31/12/2006	15/11/2007	17/12/2007	French	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 31/12/2024 · 2 active · 5 ended

Active mandates

Rania AIT

Director · since 30 mai 2024

Active

Brahim AIT

Director · since 12 mars 2004 · until 30 mai 2024

Active

Ended mandates

Rania AIT ABDERRAHMAN

Director · since 30 mai 2024

Ended

Brahim AIT ABDERRAHMAN

Manager · since 17 avril 2005

Ended

Brahim AIT

Director · since 12 mars 2004

Ended

Brahim AIT

Manager · since 12 mars 2004

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/06/2024
MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office15/10/2010
SIEGE SOCIAL
PDF
Mandates14/07/2005
DEMISSIONS, NOMINATIONS
PDF
Other24/03/2004
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

2024
Annual accounts 2024929,7 €↑
2023
Annual accounts 2023697,1 €↓
2023
Name changeAA ASSET MANAGEMENT
2022
Annual accounts 202220,9 k €↓
2021
Annual accounts 202136,1 k €↓
2021
Name changeFIBREWORX
2020
Annual accounts 202079,4 k €↑
2019
Annual accounts 201919,9 k €↑
2018
Annual accounts 20181,7 k €↑
2017
Annual accounts 2017-51 k €↑
2016
Annual accounts 2016-81,5 k €↓
2014
Annual accounts 2014-63,2 k €↓
2013
Annual accounts 2013-4,4 k €↓
2012
Annual accounts 20124,3 k €↓
2011
Annual accounts 201127,5 k €↓
2010
Annual accounts 201037,4 k €↓
2009
Annual accounts 200939,8 k €↓
2008
Annual accounts 200840,3 k €↓
2007
Annual accounts 200767,7 k €↑
2006
Annual accounts 200647,5 k €
17/03/2004
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

AA Asset Management

Overview

What does AA Asset Management do?

Trend over 18 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