ACTIVE

AE Projects

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Financial year 2025 · closed on 31/12/2025

Net result

283,8 k €

+116.2% YoY

Gross margin

402,8 k €

+120.7% YoY

Equity

808,6 k €

-39.0% YoY

Workforce

1,0 ETP

0.0% YoY

What does AE Projects do?

AE Projects is a Private limited company incorporated in 2005. Its main activity is: Computer consultancy activities. Its registered office is in Leuven. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.629.024

Incorporation

21/03/2005

Legal form

Private limited company

Registered office

Interleuvenlaan 76
3001 Leuven · FlandreSee on map

Contributed capital

90 005,40 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 70200Management consultancy activities 70220Business and other management consultancy activities 72100Research and experimental development on natural sciences and engineering 58290Other software publishing+5

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	402,8 k €	+121%	182,5 k €	-38.2%	295,3 k €	-52.9%	627,7 k €	-50.7%	1,3 M €	-12.3%	1,5 M €	+36.2%	1,1 M €	+223%	330,8 k €		–		–		–		–		–		–		–		19,5 k €	-2.3%	20 k €	+3.6%	19,3 k €
EBITDA	356,1 k €	+152%	141,2 k €	-50.1%	283,3 k €	-50.1%	567,7 k €	-49.5%	1,1 M €	-13.5%	1,3 M €	+39.2%	933,5 k €	+226%	286,2 k €	+11709%	-2,5 k €	+4.7%	-2,6 k €	-504%	640,5 €	-96.4%	17,6 k €	-3.5%	18,2 k €	+27.3%	14,3 k €	-76.1%	59,9 k €	+207%	19,5 k €	-0.1%	19,5 k €	+1.2%	19,3 k €
Operating result	355,2 k €	+155%	139,3 k €	-50.4%	280,9 k €	-50.3%	565,1 k €	-49.6%	1,1 M €	-13.6%	1,3 M €	+39.1%	933,5 k €	+226%	286,2 k €	+11709%	-2,5 k €	+4.7%	-2,6 k €	-504%	640,5 €	-96.4%	17,6 k €	-3.5%	18,2 k €	+27.3%	14,3 k €	-76.1%	59,9 k €	+207%	19,5 k €	-0.1%	19,5 k €	+1.2%	19,3 k €
Net result	283,8 k €	+116%	131,3 k €	-45.5%	240,7 k €	-43.2%	423,7 k €	-60.0%	1,1 M €	-16.7%	1,3 M €	+36.4%	931,9 k €	+131%	-3 M €	-131468%	-2,3 k €	+81.0%	-12 k €	-2.7%	-11,7 k €	-100%	3,3 M €	+102393%	3,2 k €	+180%	1,2 k €	-95.0%	23,2 k €	+329%	5,4 k €	-22.8%	7 k €	+11.3%	6,3 k €
Balance sheet
Equity	808,6 k €	-39.0%	1,3 M €	-33.5%	2 M €	+13.7%	1,8 M €	+14.6%	1,5 M €	+42.6%	1,1 M €	+51.5%	707,9 k €	+87.2%	378,1 k €	-88.8%	3,4 M €	-0.1%	3,4 M €	-0.4%	3,4 M €	-0.4%	3,4 M €	+4388%	75,8 k €	+6367%	1,2 k €	+8003%	14,5 €	-100.0%	58,3 k €	+10.2%	52,9 k €	+15.2%	45,9 k €
Total assets	2,2 M €	-20.3%	2,8 M €	-9.7%	3,1 M €	+7.9%	2,8 M €	+7.7%	2,6 M €	+31.9%	2 M €	+61.0%	1,2 M €	+102%	615,7 k €	-82.1%	3,4 M €	-0.0%	3,4 M €	-6.2%	3,7 M €	-0.8%	3,7 M €	+796%	413,2 k €	+22.4%	337,5 k €	+0.4%	336 k €	-15.7%	398,7 k €	+4.4%	381,9 k €	+14.4%	333,9 k €
Cash	1,9 M €	+10.8%	1,7 M €	+133%	733,2 k €	-30.7%	1,1 M €	-51.9%	2,2 M €	+34.6%	1,6 M €	+67.4%	976,3 k €	+287%	252,1 k €	+26786%	937,6 €	-58.3%	2,2 k €	-12.0%	2,6 k €	-67.4%	7,8 k €	-90.2%	79,7 k €	+588%	11,6 k €	-12.6%	13,3 k €		–		7,5 k €	-64.3%	20,9 k €
Debts	1,4 M €	-3.3%	1,5 M €	+34.3%	1,1 M €	-1.4%	1,1 M €	-1.8%	1,1 M €	+19.9%	932,1 k €	+73.1%	538,4 k €	+127%	237,6 k €	+254%	67,2 k €	+0.8%	66,7 k €	-75.8%	275 k €	-5.7%	291,6 k €	-11.5%	329,4 k €	+0.3%	328,3 k €	+0.1%	328 k €	-3.7%	340,4 k €	+3.5%	329,1 k €	+14.3%	288 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP	-62.5%	0,8 ETP	-38.5%	1,3 ETP	-7.1%	1,4 ETP	+40.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		1,0 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Director · since 23 décembre 2019 · 0466.550.303

Represented by Bruno Denys

Active

Ended mandates

Manager · since 30 mars 2010 · 0466.550.303

Represented by Bruno DENYS

Ended

Managing director · since 09 juin 2006 · until 15 mars 2012 · 0466.550.303

Represented by Jan Verbeke

Ended

Deparco

Managing director · since 09 juin 2006 · until 15 mars 2012 · 0471.749.996

Represented by Bruno Denys

Ended

Manager · 0466.550.303

Represented by Bruno Denys

Ended

At this address

Other companies at this address

Company	CBE no.
AE● Active	0466.550.303

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	12/06/2026	19/06/2025	20/06/2024	27/06/2023	08/07/2022	16/07/2021
General meeting	19/05/2026	20/05/2025	24/05/2024	13/06/2023	17/05/2022	18/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/05/2026	12/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/05/2025	19/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/05/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/05/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/05/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	06/06/2019	25/07/2019	Dutch	PDF
Full model	31/12/2017	15/05/2018	30/08/2018	Dutch	PDF
Full model	31/12/2016	16/05/2017	30/08/2017	Dutch	PDF
Full model	31/12/2015	17/05/2016	18/07/2016	Dutch	PDF
Full model	31/12/2014	19/05/2015	09/07/2015	Dutch	PDF
Full model	31/12/2013	20/05/2014	22/07/2014	Dutch	PDF
Full model	31/12/2012	21/05/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	15/05/2012	26/06/2012	Dutch	PDF
Full model	31/12/2010	17/05/2011	18/07/2011	Dutch	PDF
Abridged model	30/09/2009	16/03/2010	31/03/2010	Dutch	PDF
Abridged model	30/09/2008	17/03/2009	28/05/2009	Dutch	PDF
Abridged model	30/09/2007	20/03/2008	26/03/2008	Dutch	PDF
Abridged model	30/09/2006	15/03/2007	30/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 1 active · 5 ended

Active mandates

Director · since 23 décembre 2019 · 0466.550.303

Represented by Bruno Denys

Active

Ended mandates

Manager · since 30 mars 2010 · 0466.550.303

Represented by Bruno DENYS

Ended

Managing director · since 09 juin 2006 · until 15 mars 2012 · 0466.550.303

Represented by Jan Verbeke

Ended

Deparco

Managing director · since 09 juin 2006 · until 15 mars 2012 · 0471.749.996

Represented by Bruno Denys

Ended

Manager · 0466.550.303

Represented by Bruno Denys

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office12/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates31/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/05/2023
KAPITAAL - AANDELEN
PDF
Mandates28/01/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other07/09/2018
BENAMING
PDF
Capital / shares08/01/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025283,8 k €↑
2024
Annual accounts 2024131,3 k €↓
2023
Annual accounts 2023240,7 k €↓
2022
Annual accounts 2022423,7 k €↓
2021
Annual accounts 20211,1 M €↓
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019931,9 k €↑
2018
Annual accounts 2018-3 M €↓
2017
Annual accounts 2017-2,3 k €↑
2016
Annual accounts 2016-12 k €↓
2015
Annual accounts 2015-11,7 k €↓
2013
Annual accounts 20133,3 M €↑
2012
Annual accounts 20123,2 k €↑
2011
Annual accounts 20111,2 k €↓
2010
Annual accounts 201023,2 k €↑
2009
Annual accounts 20095,4 k €↓
2008
Annual accounts 20087 k €↑
2007
Annual accounts 20076,3 k €
21/03/2005
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

AE Projects

Overview

What does AE Projects 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