Skip to content

AARE

Active
Public limited companyfounded 1991active for 35 yearsBrusselsesteenweg 333, 1730 Asse, Belgium11 active companies are registered at this addressKBO/BCE: BE 0444.334.531
Summary

AARE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.0m and a net result of €132,231, of which €528,706 non-recurring income. Equity is growing by about 43% per year across the filed financial years. Its solvency ranks better than 77% of 17,107 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
AAREActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
6th largest company by equity in Asse, Real estate sector1 site
Size
≈ €500,000turnover 2025, estimated
Equity
€9.0m
Profit
€132,231
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 64 days early2 of 10 deeds summarised
Why 96raises riskLiquidity: current ratio 0.65, cash €133,007lowers riskSize: total assets €13.7mFigures for financial year 2025 (filed 28-05-2026)Founded in 1991Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 68, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 91-6
equity 65.9% of total assets
Liquidity 51-1
short-term debt 8.7% · cash 1.0%
Profitability 64+1
return on assets 1.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,721 companies, NACE 68, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €850,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.65, compared with 0.24 in 2024, below 1; short-term debt: 8.7% and cash: 1% of total assets), and 34.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, medium-sized): better than 79% on solvency, 67% on liquidity, 72% on profitability and 52% on growth.

The bankruptcy probability was computed on 30-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €13.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.65, cash €133,007
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 28-05-2026)
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 days early
2024
65 days early
2023
63 days early
2022
69 days early
2021
76 days early
2020
61 days early
2019
73 days early
← 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 67 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Ward Labeeuw (director) and Veerle…Gazette deed
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Back to profitnet €132,231

Key points

  • Positive: Back in profit in 2025after -€286,796 in 2024 €132,231 View
  • Positive: Among the best 5% on equitysector median €73,281 · 17,122 companies €9.0m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • New directorslatest change 28-04-2026 · 2 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€13.7m
Profit
€132,231
Solvency
65.9%
Total assets▲ 10.8%
Net result
20182025
Go to Financials

Timeline

Events
44
Since
1992
Next accounts
by 31-07-2027
  1. 23-07-2025Name
  2. 27-05-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
07-06-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about AARE

What is the company number of AARE?
0444.334.531. In Belgium the VAT number is the company number with BE in front: BE 0444.334.531.
Where is AARE based?
The registered office is at Brusselsesteenweg 333, 1730 Asse.Company details
What does AARE do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of AARE?
Public limited company (NV).
When was AARE founded?
On 07-06-1991.
Is AARE still active?
Yes, AARE is an active enterprise in the KBO register.
What is the turnover of AARE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is AARE profitable?
In financial year 2025, AARE made a profit of €132,231.
Where can I find the annual accounts of AARE?
AARE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AARE due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to AARE

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure