Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AETHRAE from Antwerpen, company number BE0537614481, closed financial year 2024 with a result of € -40,357 after tax. For that financial year AETHRAE recorded a gross margin of € 25,998 and equity of € -31,948. Compared with financial year 2023, the result moved from € -2,310 to € -40,357. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ -31,948
▼ € 40,357 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,357
▼ 1647 % more loss than in 2023
Profit after tax over the fiscal year.
€ 631
▼ 95% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -38,148.
People and assets in 2024
€ 61,273
▼ 28% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,541
▼ 74% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 30,135
▲ 36% vs 2023
€ 8,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3,318
▼ 69% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 180
▼ 98% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 138,774 | € 68,195 | € 91,196 | € 25,998 | ▼ 71% |
| Profit after taxes | € 36,302 | € -13,896 | € -2,310 | € -40,357 | ▼ € 38,047 |
| Equity | € 24,614 | € 10,718 | € 8,408 | € -31,948 | ▼ € 40,357 |
| Total debts | € 74,728 | € 70,596 | € 56,266 | € 50,551 | ▼ 10% |
| Cash | € 28,696 | € 32,193 | € 11,598 | € 631 | ▼ 95% |
| Retained profit | € 18,414 | € 4,518 | € 2,208 | € -38,148 | ▼ € 40,357 |
| Bank debt | € 22,135 | € 22,135 | € 22,135 | € 30,135 | ▲ 36% |
| Balance sheet total | € 99,342 | € 81,314 | € 64,674 | € 18,602 | ▼ 71% |
Key figures of AETHRAE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to AETHRAE?
What happened at AETHRAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 40,357. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,302 profit in 2021 to € 40,357 loss in 2024.
Paid € 15,677 in corporate taxes since 2021.
Best year ever: 2021, with € 36,302 profit.
A new publication or filing at AETHRAE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind AETHRAE are Werner Van Borm and Simone Hanhart.
Directors
According to the 2024 annual accounts
Werner Van Borm
Director
Simone Hanhart
Director
Establishments
Establishment units
Physical locations of this company
Kernenergiestraat 19 box P6
2610 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.614.481
- VAT number
- BE 0537.614.481
- Registered office
- Kernenergiestraat 19 bus P6, 2610 Antwerpen
- Names & denominations
- AETHRAE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2013
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van holdings
Serviceflats voor ouderen
Rusthuizen voor ouderen (ROB)
Activiteiten van kuuroorden, sauna’s en stoombaden
Holdings
Sauna's, solaria, baden enz.