Equity
€95,933 from €173,565 in 2008
Equity fell by 45% in 17 years.
A & R Projects
Lifetime
18 annual accounts with figures on one time axis, 36 filings since 1989peak €77,851 (2014)
€34,669▲ 7.4%
lowest -€78,046 (2020)
-€364▼ €8,512
peak €173,565 (2008)
€95,933▲ 3.1%
€43,147▲ 109%
Board1 name since 2014
1 director
Owners
Documentsfilings and deeds
30-09-2026334 days late
2025micro format
Loss of €364Debts from €20,663 to €43,147Investments €54,990Cash from €310 to €140
Key points
from the 2025 annual accountsTurnover
≈ €85,000 estimated
The micro format states no turnover.
Investments
€54,990 2.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 10.6% higher than in 2024.
Liquidity
0.31 was 0.75 in 2024
Short-term debts rose from €19,870 to €30,080.
Filings
36 annual accounts 14 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
-€364
Lower net result than 90% of companies in legal and accounting. Sector median €36,705 · 16,416 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,344 companies had the same profile as A & R Projects has now. Each dot stands for 31 companies, two years later.
90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,344 companies, not a prediction for A & R Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Ternat to Meerbeke
New registered office: Hemelrijk 52, 9402 Meerbeke · Previous registered office: Kattestraat 33, 1741 Ternat · Appointment: (director) · General meeting of 31-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431647723
Purpose change · Amendment of the articles
“1° het nazien en corrigeren van alle boekhoudstukken; 2° zowel privé- als gerechtelijke expertise,met…” (deed in Dutch) · General meeting of 22-02-2018 · Gazette deed
Company renamed from ACCOUNTANCY R.V. to A & R Projects
“Het verlenen van administratieve bijstand aan boekhoudkantoren; Het aanleggen,het oordeelkundig uitbouwen en…” (deed in Dutch) · General meeting of 28-12-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A & R Projects Ninove | - | - | 56.9% | - |
| HERBICOUNT Ninove | - | - | 82.8% | - |
| BBS CONSULT Binche | - | - | 45.2% | - |
| FRETIN & ASSOCIATES - ACCOUNTANCY & TAX Wemmel | - | - | 44.6% | - |
| NASHI ou NASHI CONSEIL La Hulpe | €68,068 | 33.0% | 83.6% | - |
| Fiduciaire François MARECHAL Tintigny | €45,000 | 88.2% | 12.7% | - |
| Banking & Accounting System Haacht | - | - | 91.3% | - |
These companies have the same main activity as A & R Projects: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €149,000 and €193,000, founded between 1985 and 1991.
Official details
Source: KBO- Status
- Active since 15-07-1987Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Establishment unit
- 2.194.037.3579402 Ninove, since 15-06-1990
- Financial year end
- 31 March
- Peppol
- Reachable since 27-11-2025
Insights on A & R Projects
A & R Projects files the micro format. That format states no turnover. The gross margin fell from €66,281 in 2007 to €34,669 in 2025.
The balance sheet grew most from 2011 to 2012 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about A & R Projects
- What is the company number of A & R Projects?
- The company number of A & R Projects is 0431.647.723. The VAT number is the same number with BE in front: BE 0431.647.723.
- Where is A & R Projects based?
- The registered office is at Hemelrijk 52, 9402 Ninove.Company details
- What does A & R Projects do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of A & R Projects?
- Legal form of A & R Projects: Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was A & R Projects founded?
- A & R Projects was founded on 15-07-1987.
- Is A & R Projects still active?
- Yes, A & R Projects is an active enterprise in the KBO register.
- What is the turnover of A & R Projects?
- The turnover in financial year 2025 is ≈ €85,000. This figure is estimated from the gross margin of €34,669 and 41 comparable companies (NACE 69201). It probably lies between €61,000 and €120,000.Financials
- Is A & R Projects profitable?
- In financial year 2025, A & R Projects made a loss of €364.
- Where can I find the annual accounts of A & R Projects?
- A & R Projects filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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