AARDINGEN MARO

Active

Private limited companyfounded 201214 yrs activeAmbachtsstraat 9, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0846.807.525

Summary

The computed 12-month bankruptcy probability of AARDINGEN MARO is 1.6% (moderate). The 2025 annual accounts show equity of €251,587 and a net result of -€82,073. Equity is shrinking by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 9497 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

AARDINGEN MAROActiveChecked score 62/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

€551,172total assets 2025

Staff: 4.1 FTE
Equity: €251,587
Loss: -€82,073

Turnover not published (abridged schema)

Financial health

62 Healthy Checked score 2025

Bankruptcy chance 12 m: 1.6%

Structure

Parent: Van Zele Holding NV

Accounts 59 d early2 of 15 deeds read

Why 62- Loss of €82,073, the second in a row (FY 2025)- 1 change of registered office in 24 months- Sector Specialised construction activities (NACE 43)+ Figures for FY 2025 (filed 04-06-2026)Show the evidence

Checked score

Score 2025

62 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Better than 30% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 71-3

equity 45.6% of total assets

Liquidity 41+6

short-term debt 49.1% · cash 12.6%

Profitability 48+23

return on assets -14.9%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)

Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● 0.0% vs 11-2024lowest value 01-2025: 0.5%● 0.0% vs 12-2024lowest value 02-2025: 0.5%● 0.0% vs 01-2025lowest value 03-2025: 0.5%● 0.0% vs 02-2025lowest value 04-2025: 0.6%▲ +7.9% vs 03-2025 05-2025: 0.6%▼ -2.1% vs 04-2025 06-2025: 1.8%▲ +211% vs 05-2025 07-2025: 1.8%● 0.0% vs 06-2025 08-2025: 1.8%● 0.0% vs 07-2025 09-2025: 1.8%● 0.0% vs 08-2025 10-2025: 1.8%● 0.0% vs 09-2025 11-2025: 1.8%● 0.0% vs 10-2025 12-2025: 1.8%● 0.0% vs 11-2025 01-2026: 1.8%● 0.0% vs 12-2025 02-2026: 1.8%● 0.0% vs 01-2026 03-2026: 1.8%● 0.0% vs 02-2026 04-2026: 1.9%▲ +6.7% vs 03-2026 05-2026: 3.3%▲ +74.1% vs 04-2026highest value 06-2026: 3.2%▼ -2.9% vs 05-2026 07-2026: 1.6%▼ -50.8% vs 06-2026 08-2026: 1.6%● 0.0% vs 07-2026 09-2026: 1.6%● 0.0% vs 08-2026 10-2026: 1.6%● 0.0% vs 09-2026

Loss of €82,073, the second in a row (FY 2025) raises the probability
1 change of registered office in 24 months raises the probability
Figures for FY 2025 (filed 04-06-2026) lowers the probability
Sector Specialised construction activities (NACE 43) raises the probability

Credit up to €15,000 at 30 days acceptable

Liquidity short (current ratio 0.58 against 0.64 in 2024; short-term debt: 49.1% and cash: 12.6% of total assets), and 54.4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 49%, liquidity 31%, profitability 23%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Loss of €82,073, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Figures for FY 2025 (filed 04-06-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Sector Specialised construction activities (NACE 43)

In the bankruptcy model this factor raises the probability.

KBO

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€82,073

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

59 d early

2024

66 d early

2023

50 d early

2022

33 d early

2021

34 d early

2020

45 d early

2019

24 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

02-06-26 Annual accounts filedfiscal year 2025 · abbreviated…
30-04-26 Resignation: CRESCENT VENTURES, BV (day-to-day manager)State Gazette act
30-04-26 Registered officeRegistered-office move

Key points

Risk: 6 loss-making years in a rowloss fiscal year 2025 -€82,073 View
Caution: Among the weakest 5% on net resultsector median €27,856 · 9,490 companies -€82,073 View
Caution: Staff fell in 2025from 7.8 FTE to 4.1 FTE ▼ 47.4% View
Controlled by Van Zele Holding NV parent View
Positive: Always filed on timeaccounts within the deadline every year 6 years View