Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AE VALVES from Verviers, company number BE0823771807, closed financial year 2025 with a result of € -6.1 million after tax. For that financial year AE VALVES recorded revenue of € 28 million and equity of € 4.7 million. Compared with financial year 2024, the result moved from € -2.7 million to € -6.1 million. The company made a loss. The buffer shrank hard: equity is 56 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ 4.7 million
▼ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.1 million
▼ 128 % more loss than in 2024
Profit after tax over the fiscal year.
€ 17,460
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.3 million.
People and assets in 2025
94.6
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8 million
€ 84,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,400
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7.4 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 1.5 million
▼ 16% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,486,147 | € 30,943,964 | € 48,512,283 | € 27,976,950 | ▼ 42% |
| Profit after taxes | € -2,644,214 | € -3,905,013 | € -2,659,886 | € -6,064,332 | ▼ € 3.4 million |
| Equity | € 17,367,787 | € 13,447,746 | € 10,772,782 | € 4,693,456 | ▼ 56% |
| Total debts | € 8,413,519 | € 17,260,500 | € 19,658,139 | € 23,285,347 | ▲ 18% |
| Cash | € 372 | € 61,396 | € 15,051 | € 17,460 | ▲ 16% |
| Land & buildings | € 3,866,144 | € 3,640,860 | € 3,608,116 | € 3,583,608 | ▼ 1% |
| Retained profit | € 16,966,080 | € 13,061,074 | € 10,401,187 | € 4,336,855 | ▼ 58% |
| Balance sheet total | € 25,913,388 | € 32,126,027 | € 33,302,082 | € 28,696,806 | ▼ 14% |
| Employees (FTE) | 70 | 81.8 | 98.5 | 94.6 | ▼ 3.9 |
Key figures of AE VALVES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to AE VALVES?
What happened at AE VALVES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6.1 million. Source: NBB ↗
- Gareth MCCOY DOIG became a director. NBB
- Dan FISHER became a director. NBB
- Eric SAUSSAYE became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Verviers. KBO
In short
From € 2.6 million loss in 2022 to € 6.1 million loss in 2025.
Paid € 12,981 in corporate taxes since 2022.
Pays suppliers within 77 days on average.
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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
The stake of EMERSON PROCESS MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AE VALVESBehind AE VALVES are Dan FISHER, Eric SAUSSAYE and Gareth MCCOY DOIG. The shares are held by EMERSON PROCESS MANAGEMENT (100%).
Directors
According to the 2025 annual accounts
Dan FISHER
Director
since 2021
Eric SAUSSAYE
Director
since 2021
Gareth MCCOY DOIG
Managing director
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Gelée 20
4800 Verviers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
emerson.com
Registered
1995-07-29
Registrar
CSC Corporate Domains, Inc.
Expires
2027-07-28
Website info
Features
Security
Network
Details
- Company number
- 0823.771.807
- VAT number
- BE 0823.771.807
- Registered office
- Rue de Gelée 20, 4800 Verviers
- Names & denominations
- AE VALVES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2010
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- emerson.com
- Activities · NACE
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