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Aedifica NV/SA

ENXTBR:AED Stock Report

Market Cap: €5.5b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Aedifica/SA Management

Management criteria checks 3/4

Aedifica/SA's CEO is Mrics Gielens, appointed in Feb 2006, has a tenure of 20.58 years. total yearly compensation is €1.42M, comprised of 50.5% salary and 49.5% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth €1.23M. The average tenure of the management team and the board of directors is 8.9 years and 1.3 years respectively.

Key information

Mrics Gielens

Chief executive officer

€1.4m

Total compensation

CEO salary percentage50.52%
CEO tenure20.6yrs
CEO ownership0.02%
Management average tenure8.9yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

User avatar
Narrative Update • Jun 26

AED: Special Meetings Will Refocus Market Attention On Upgraded Earnings Outlook

Analysts have adjusted their view on Aedifica SA, lifting the indicative fair value from about €74.06 to €83.00 as they update assumptions on the discount rate, revenue growth, profit margin and future P/E levels. What's in the News Aedifica/SA has scheduled a Special/Extraordinary Shareholders Meeting on 12 May 2026 at 14:45 Romance Standard Time, according to company event notices.

CEO Compensation Analysis

How has Mrics Gielens's remuneration changed compared to Aedifica/SA's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

€641m

Mar 31 2026n/an/a

€614m

Dec 31 2025€1m€717k

€244m

Sep 30 2025n/an/a

€228m

Jun 30 2025n/an/a

€176m

Mar 31 2025n/an/a

€192m

Dec 31 2024€1m€667k

€205m

Sep 30 2024n/an/a

€106m

Jun 30 2024n/an/a

€110m

Mar 31 2024n/an/a

€84m

Dec 31 2023€1m€604k

€25m

Sep 30 2023n/an/a

€43m

Jun 30 2023n/an/a

€150m

Mar 31 2023n/an/a

€231m

Dec 31 2022€1m€541k

€332m

Sep 30 2022n/an/a

€489m

Jun 30 2022n/an/a

€408m

Mar 31 2022n/an/a

€354m

Dec 31 2021€1m€507k

€282m

Sep 30 2021n/an/a

€221m

Jun 30 2021n/an/a

€193m

Mar 31 2021n/an/a

€150m

Dec 31 2020€1m€753k

€115m

Compensation vs Market: Mrics's total compensation ($USD1.65M) is about average for companies of similar size in the Belgian market ($USD1.58M).

Compensation vs Earnings: Mrics's compensation has been consistent with company performance over the past year.


CEO

Mrics Gielens (61 yo)

20.6yrs
Tenure
€1,418,955
Compensation

Mr. Stefaan Gielens, also known as Mrics, is Director of Cofinimmo SA from March 10, 2026. Mr. Gielens serves as the Chief Executive Officer and Managing Director at Aedifica NV/SA (formerly known as Aedif...


Leadership Team

NamePositionTenureCompensationOwnership
Stefaan Gielens
MD, CEO20.6yrs€1.42m0.022%
€ 1.2m
Ingrid Daerden
CFO & Executive Manager8yrs€893.90k0.0071%
€ 391.0k
Raoul Thomassen
COO & Executive Manager5.5yrs€658.23k0.0026%
€ 144.8k
Charles-Antoine Van Aelst
Chief Investment Officer & Executive Manager8.9yrs€746.66k0.0086%
€ 470.5k
Sven Bogaerts
Chief Mergers & Acquisitions Officer8.9yrs€753.79k0.0082%
€ 448.6k
Delphine Noirhomme
Investor Relations Managerno datano datano data
Thomas Moerman
Group General Counsel & Compliance Officerno datano datano data
Bob Boeckx
Corporate Communications Managerno datano datano data
Fabienne Vanderhulst
HR Managerno datano datano data
Martina Carlsson
Control & Communication Managerno datano datano data
8.9yrs
Average Tenure
52yo
Average Age

Experienced Management: AED's management team is seasoned and experienced (8.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stefaan Gielens
MD, CEO20.6yrs€1.42m0.022%
€ 1.2m
Xavier de Walque
Independent Directorless than a yearno datano data
Jean Hilgers
Non-Executive Independent Vice-Chair of the Boardless than a yearno datano data
Serge Roger Wibaut
Independent Chairman of the Board10.9yrs€171.10k0.0036%
€ 196.9k
Ann Caluwaerts
Non-Executive Independent Directorless than a yearno datano data
Rikke Lykke
Independent Director1.3yrs€37.54kno data
Nathalie Charles
Non-Executive Independent Directorless than a yearno datano data
Elisabeth May-Roberti
Non-Executive Independent Director10.9yrs€69.70k0.00061%
€ 33.5k
Mirjam van Velthuizen-Lormans
Non-Executive Independent Directorless than a yearno datano data
Kari Pitkin
Independent Director2.3yrs€60.30k0.00019%
€ 10.4k
Marleen Willekens
Non-Executive Independent Director8.9yrs€77.50k0.00020%
€ 11.0k
1.3yrs
Average Tenure
61yo
Average Age

Experienced Board: AED's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 06:28
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aedifica NV/SA is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kanad MitraBarclays
Celine HuynhBarclays
Kai KloseBerenberg

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