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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AA+ from Waterloo, company number BE0870707830, closed financial year 2025 with a result of € -15,211 after tax. For that financial year AA+ recorded a gross margin of € 25,769 and equity of € 777,539. Compared with financial year 2024, the result moved from € -38,493 to € -15,211. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 777,539
▲ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,211
▲ 60 % less loss than in 2024
Profit after tax over the fiscal year.
€ 25
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 368,939.
Debts at end 2025
€ 183,193
▼ 55% vs 2024
€ 37,321 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7,605
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 274,296 | € 18,506 | € 9,942 | € 25,769 | ▲ 159% |
| Profit after taxes | € 191,266 | € 29,358 | € -38,493 | € -15,211 | ▲ € 23,282 |
| Equity | € 411,884 | € 441,242 | € 402,749 | € 777,539 | ▲ 93% |
| Total debts | € 1,413,512 | € 1,626,835 | € 1,381,378 | € 1,036,365 | ▼ 25% |
| Cash | € 35,469 | € 393,323 | € 1,546 | € 25 | ▼ 98% |
| Land & buildings | € 397,828 | € 388,170 | € 378,511 | € 758,850 | ▲ 100% |
| Retained profit | € 393,284 | € 422,642 | € 384,149 | € 368,939 | ▼ 4% |
| Bank debt | € 457,204 | € 428,861 | € 405,190 | € 183,193 | ▼ 55% |
| Balance sheet total | € 1,876,033 | € 2,068,077 | € 1,784,127 | € 1,813,904 | ▲ 2% |
Key figures of AA+, 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+?
What happened at AA+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MEHMET SANDURAC became a director. NBB
- New annual accounts for financial year 2025: loss of € 15,211. filed late Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 191,266 profit in 2022 to € 15,211 loss in 2025.
Paid € 76,850 in corporate taxes since 2022.
Best year ever: 2022, with € 191,266 profit.
Management
Behind AA+ is MEHMET SANDURAC. MEHMET SANDURAC is also behind Colin-Desreumaux.
Directors
According to the 2025 annual accounts
since 2027
Establishments
Establishment units
Physical locations of this company
Avenue Beau Séjour 82
1410 Waterloo
Perspectieflaan 47
1150 Sint-Pieters-Woluwe
Active since 21 December 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0870.707.830
- VAT number
- BE 0870.707.830
- Registered office
- Avenue Beau Séjour 82, 1410 Waterloo
- Names & denominations
- AA+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2004
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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