NORMAL SITUATION

A.E.D. DISPLAY

Financial year 2025 · closed on 31/12/2025
Net result
-12,3 k €
+78.3% YoY
Revenue
22,3 M €
-7.5% YoY
Equity
16,2 M €
-0.1% YoY
Workforce
26,2 ETP
-14.9% YoY

Company — Normal situation.

What does A.E.D. DISPLAY do?

A.E.D. DISPLAY is a company registered in Belgium. It employs on average 26,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0886.606.724
Legal form
Public limited company
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
26,2 ETP
Joint committees (5)
  • 14901
  • 200
  • 201
  • 218
  • 227
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue22,3 M €24,1 M €25,6 M €24,7 M €17,9 M €12,2 M €28,1 M €22,2 M €20,8 M €22,6 M €18,2 M €11 M €8,8 M €9,8 M €7,2 M €4,8 M €
EBITDA4,3 M €5,1 M €7,5 M €6,7 M €4,5 M €3,4 M €11,2 M €9,7 M €7,2 M €7 M €7,3 M €6,7 M €5,3 M €5,8 M €5,4 M €3,8 M €2,1 M €2,7 M €1,1 M €
Operating result78 k €10,7 k €1,6 M €2 M €2,6 M €972,1 k €5,4 M €3,3 M €1,3 M €1,3 M €1,5 M €583,9 k €-257,5 k €1,6 M €2,3 M €1,2 M €291,7 k €1,2 M €207,5 k €
Net result-12,3 k €-56,6 k €1,1 M €1,3 M €1,8 M €569 k €3,6 M €2,1 M €674 k €687,3 k €967,4 k €266,8 k €-662,1 k €904,5 k €1,3 M €635,5 k €49,7 k €639,4 k €66,4 k €
Balance sheet
Equity16,2 M €16,2 M €16,3 M €15,2 M €13,9 M €12,1 M €11,6 M €8 M €5,8 M €5,1 M €4,5 M €3,5 M €3,2 M €3,9 M €3 M €1,6 M €1 M €955,9 k €316,4 k €
Total assets26,7 M €31,3 M €37,6 M €31 M €30 M €28,4 M €28,3 M €24,2 M €23,3 M €21,8 M €18,4 M €15 M €14,8 M €16,3 M €12,9 M €7,2 M €5,7 M €5,1 M €3,4 M €
Cash426 k €297,3 k €439,1 k €2,7 M €3,8 M €5,8 k €14,2 k €4,4 k €2,1 k €2,7 M €1,7 M €1,1 M €641,6 k €1,1 M €720,2 k €498,6 k €118 k €643,9 k €249,4 k €
Debts10,4 M €14,7 M €21,1 M €15,8 M €15,7 M €16,2 M €16,5 M €16,2 M €17,3 M €16,6 M €13,9 M €11,4 M €11,5 M €12,4 M €9,9 M €5,6 M €4,7 M €4,1 M €3,1 M €
Other
Workforce26,2 ETP30,8 ETP31,9 ETP28,3 ETP27,6 ETP30,6 ETP30,5 ETP31,1 ETP30,3 ETP26,3 ETP21,5 ETP21,0 ETP20,4 ETP17,9 ETP14,9 ETP9,8 ETP7,4 ETP6,3 ETP3,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 34 ended

Active mandates

AED Rent

Director · since 09 septembre 2025 · until 07 juin 2031 · 0451.899.343

Represented by Steven Mansvelt

Active
AVWORX

Managing director · since 09 septembre 2025 · until 07 juin 2031 · 0843.986.409

Represented by Thierry Heldenbergh

Active
Planet Video

Managing director · since 09 septembre 2025 · until 07 juin 2031 · 0843.928.011

Represented by Roderic Van der Stock

Active

Ended mandates

AED Rent

Director · since 20 septembre 2023 · until 02 juin 2029 · 0451.899.343

Represented by Glenn Roggeman

Ended
AED Rent

Director · since 20 septembre 2023 · until 15 juin 2029 · 0451.899.343

Represented by Glenn Roggeman

Ended
AUDIOWORX

Director · since 28 juin 2019 · until 01 avril 2025 · 0454.610.888

Represented by Glenn Roggeman

Ended
AUDIOWORX

Director · since 28 juin 2019 · until 20 juin 2025 · 0454.610.888

Represented by Glenn Roggeman

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202604/04/202511/07/202426/07/202311/07/202222/07/2021
General meeting06/06/202601/04/202528/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202506/06/202623/06/2026DutchPDF
Full model31/12/202401/04/202504/04/2025DutchPDF
Full model31/12/202328/06/202411/07/2024DutchPDF
Full model31/12/202230/06/202326/07/2023DutchPDF
Full model31/12/202130/06/202211/07/2022DutchPDF
Full model31/12/202030/06/202122/07/2021DutchPDF
Full model31/12/201908/09/202008/10/2020DutchPDF
Full model31/12/201828/06/201924/07/2019DutchPDF
Full model31/12/201730/06/201830/07/2018DutchPDF
Full model31/12/201616/06/201717/07/2017DutchPDF
Full model31/12/201517/06/201627/06/2016DutchPDF
Full model31/12/201419/06/201514/07/2015DutchPDF
Full model31/12/201320/06/201430/06/2014DutchPDF
Full model31/12/201228/06/201318/07/2013DutchPDF
Full model31/12/201115/06/201229/06/2012DutchPDF
Full model31/12/201017/06/201104/07/2011DutchPDF
Abridged model31/12/200907/04/201010/05/2010DutchPDF
Abridged model31/12/200819/06/200903/07/2009DutchPDF
Abridged model31/12/200720/06/200823/06/2008DutchPDF
Estimate

Indicative valuation

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 · 3 active · 34 ended

Active mandates

AED Rent

Director · since 09 septembre 2025 · until 07 juin 2031 · 0451.899.343

Represented by Steven Mansvelt

Active
AVWORX

Managing director · since 09 septembre 2025 · until 07 juin 2031 · 0843.986.409

Represented by Thierry Heldenbergh

Active
Planet Video

Managing director · since 09 septembre 2025 · until 07 juin 2031 · 0843.928.011

Represented by Roderic Van der Stock

Active

Ended mandates

AED Rent

Director · since 20 septembre 2023 · until 02 juin 2029 · 0451.899.343

Represented by Glenn Roggeman

Ended
AED Rent

Director · since 20 septembre 2023 · until 15 juin 2029 · 0451.899.343

Represented by Glenn Roggeman

Ended
AUDIOWORX

Director · since 28 juin 2019 · until 01 avril 2025 · 0454.610.888

Represented by Glenn Roggeman

Ended
AUDIOWORX

Director · since 28 juin 2019 · until 20 juin 2025 · 0454.610.888

Represented by Glenn Roggeman

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-12,3 k €
  2. 2024
    Annual accounts 2024-56,6 k €
  3. 2023
    Annual accounts 20231,1 M €
  4. 2022
    Annual accounts 20221,3 M €
  5. 2021
    Annual accounts 20211,8 M €
  6. 2020
    Annual accounts 2020569 k €
  7. 2019
    Annual accounts 20193,6 M €
  8. 2018
    Annual accounts 20182,1 M €
  9. 2017
    Annual accounts 2017674 k €
  10. 2016
    Annual accounts 2016687,3 k €
  11. 2015
    Annual accounts 2015967,4 k €
  12. 2014
    Annual accounts 2014266,8 k €
  13. 2013
    Annual accounts 2013-662,1 k €
  14. 2012
    Annual accounts 2012904,5 k €
  15. 2011
    Annual accounts 20111,3 M €
  16. 2010
    Annual accounts 2010635,5 k €
  17. 2009
    Annual accounts 200949,7 k €
  18. 2008
    Annual accounts 2008639,4 k €
  19. 2007
    Annual accounts 200766,4 k €