Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
AA Holdings Belgium from Antwerpen, company number BE0838056442, closed financial year 2025 with a result of € -3,178 after tax. Compared with financial year 2024, the result moved from € -351,075 to € -3,178. 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 April 27, 2026.
€ -2,161
▼ € 3,178 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,178
▲ 99 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,711.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 815
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 7,758 | € -493 | € -351,075 | € -3,178 | ▲ € 347,896 |
| Equity | € 352,585 | € 352,091 | € 1,017 | € -2,161 | ▼ € 3,178 |
| Total debts | € 348 | € 841 | € 1,346 | € 2,161 | ▲ 61% |
| Retained profit | € 334,035 | € 333,541 | € -17,533 | € -20,711 | ▼ € 3,178 |
| Balance sheet total | € 352,932 | € 352,932 | € 2,363 | € 0 | ▼ 100% |
Key figures of AA Holdings Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AA Holdings Belgium?
What happened at AA Holdings Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,178. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,758 profit in 2022 to € 3,178 loss in 2025.
Best year ever: 2022, with € 7,758 profit.
Management
Behind AA Holdings Belgium is Sudhir Sand. It owns 99.9% of IEH Recycling Benelux itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Prins Boudewijnlaan 183 box 1
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.056.442
- VAT number
- BE 0838.056.442
- Registered office
- Prins Boudewijnlaan 183 bus 1, 2610 Antwerpen
- Names & denominations
- AA Holdings Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2011
- Peppol
- Not registered