Staff
3 employees on 31-12-2024
In 2024, 92 people joined and 91 left.
AARAV
Lifetime
4 annual accounts with figures on one time axispeak €98,394 (2024)
€98,394▲ 35.1%
lowest -€3,323 (2022)
€18,830▼ 2.3%
peak €76,986 (2024)
€76,986▲ 32.4%
€30,626▲ 8.6%
peak 1.3 FTE (2024)
1.3 FTE
Board3 names since 2020
2 directorsCHAPAGAI Anuja and 1 other
Documentsfilings and deeds
18-09-202549 days late
2024abbreviated format
Gross margin from €72,837 to €98,394Resignation: Chapagai Anmol (director) 10-04Equity from €58,156 to €76,986
Key points
from the 2024 annual accountsFilings
4 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
71.5%
Higher solvency than 86% of companies in food and beverage service. Sector median 32.3% · 2,938 companies.
Checked score
52
Fair
Financially stronger than 75% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%lowest value
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025
05-2025: 1.5%▲ +0.2 percentage points vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.2 percentage points vs 06-2025
08-2025: 2.2%▲ +0.5 percentage points vs 07-2025
09-2025: 2.5%▲ +0.3 percentage points vs 08-2025
10-2025: 1.7%▼ -0.8 percentage points vs 09-2025
11-2025: 1.6%▼ -0.1 percentage points vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.5%▼ -0.1 percentage points vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.7%▲ +0.2 percentage points vs 06-2026
08-2026: 2.3%▲ +0.6 percentage points vs 07-2026
09-2026: 2.6%▲ +0.3 percentage points vs 08-2026
10-2026: 3.5%▲ +0.9 percentage points vs 09-2026highest value
11-2026: 3.5%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 18-09-2025)
Sector: Food and beverage service activities (NACE 56)
1 financial year not filed after the legal deadline; last filed accounts filed 49 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.52, cash €25,963
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 85% of them on solvency, 73% on liquidity, 67% on profitability and 74% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as AARAV has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AARAV itself is higher: 3.5% within 12 months. It rests on far more data about AARAV than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for AARAV. 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
Credit of up to €4,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.52 (2.0 in 2023), above the usual 1.5. Short-term debt is 28.5% and cash 24.1% of total assets. 28.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
49 days late
2023
54 days early
2022
5 days early
2021
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 14 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- LAMICHHANE Santosh founderdeed of 31-08-2020
- CHAPAGAI Anmol founderdeed of 31-08-2020
- CHAPAGAI Anuja founderdeed of 31-08-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0753396030
Resignation: Chapagai Anmol (director)
Director discharge: Chapagai Anmol · General meeting of 30-06-2023 · Gazette deed
Incorporation
Founders: LAMICHHANE Santosh, CHAPAGAI Anmol and CHAPAGAI Anuja · 100 shares · Appointments: LAMICHHANE Santosh, CHAPAGAI Anmol and CHAPAGAI Anuja · published on 31-08-2020 · Gazette deed
First establishment
Namaste, Grote Markt 17, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AARAV Sint-Niklaas | €107,612 | €98,394 | 71.5% | 1.3 |
| RESTAURANT JER Hasselt | €108,706 | €76,730 | 0.2% | 1.4 |
| RESTAURANT LENTO Hasselt | €127,477 | €99,672 | 48.0% | 1.9 |
| CARPE DIEM VINS ET GASTRONOMIE Blegny | €78,186 | €72,386 | 76.4% | 1 |
| Schulpen Kasterlee | €79,642 | €85,727 | -32.9% | 1 |
| STECA Dendermonde | €153,355 | €79,779 | 57.2% | 0.8 |
| DE FAZANT Kluisbergen | €122,329 | €152,817 | 57.6% | 2.2 |
These companies have the same main activity as AARAV: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €78,200 and €153,000, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 27-08-2020Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Joint committee
- 302Hotels and catering · annual accounts 2024
- Establishment unit
- 2.306.622.9809100 Sint-Niklaas, since 27-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2024
- ≈ €310,000estimated
- €107,612▲ 24.6%
- Employeeson 31-12-2024
- 3▲ 50.0%
- Filing
- Filed on 18-09-2025
Insights on AARAV
AARAV files the abbreviated format. That format states no turnover. The gross margin rose from €65,050 in 2021 to €98,394 in 2024.
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 AARAV
- What is the company number of AARAV?
- The company number of AARAV is 0753.396.030. The VAT number is the same number with BE in front: BE 0753.396.030.
- Where is AARAV based?
- The registered office is at Grote Markt 17, 9100 Sint-Niklaas.Company details
- What does AARAV do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of AARAV?
- AARAV is a private limited company (BV).
- When was AARAV founded?
- AARAV was founded on 27-08-2020.
- Is AARAV still active?
- Yes, AARAV is an active enterprise in the KBO register.
- How many employees does AARAV have?
- AARAV had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does AARAV fall under?
- In its 2024 annual accounts, AARAV states joint committee 302 (Hotels and catering).
- What is the turnover of AARAV?
- The turnover in financial year 2024 is ≈ €310,000. This figure is estimated from the gross margin of €98,394 and 92 comparable companies (NACE 56111). It probably lies between €260,000 and €420,000.
- Is AARAV profitable?
- In financial year 2024, AARAV made a profit of €18,830.
- Where can I find the annual accounts of AARAV?
- AARAV filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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