AHRES
ActiveSummary
AHRES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-44k) and a net result of €-27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-76
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.78 in 2024; short-term debt: 225% and cash: 10.2% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-125%
Return on assets
-78.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-44k
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 05-06-2026, 56 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
56 d early
2024
77 d early
2023
75 d early
2022
67 d early
2021
65 d early
2020
67 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€-44k▼ 168%
2024 · €-16k
Total assets
€35k▼ 37.8%
2024 · €56k
Net result
€-27k
2024 · €3k
Working capital
€-49k▼ 198%
2024 · €-16k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-42k€9k€-5k€5k€-27k
Net result€-43k€7k€-7k€3k€-27k
Equity€-20k€-13k▲ 35.8%€-20k▼ 49.7%€-16k▲ 17.0%€-44k▼ 168%
Total assets€37k▼ 26.4%€54k▲ 44.1%€58k▲ 8.0%€56k▼ 3.3%€35k▼ 37.8%
Debt€58k▲ 106%€67k▲ 15.8%€78k▲ 16.2%€73k▼ 6.8%€79k▲ 8.4%
Working capital€-25k€-16k▲ 36.1%€-21k▼ 31.6%€-16k▲ 21.2%€-49k▼ 198%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €5k in 2024.
Balance-sheet composition
Assets €35k
Fixed assets
€5k
Current assets
€30k
Key figures and ratios
EBITDA
€-25k▼
2024 · €6k
Cash flow
€-26k▼
2024 · €4k
Solvency
-125.0%▼
2024 · -29.0%
Current ratio
0.38▼
2024 · 0.78
Quick ratio
0.15▼
2024 · 0.53
Debt to equity
-1.80▲
2024 · -4.45
ROA
-78.4%▼
2024 · 5.9%
Interest coverage
-55.73▼
2024 · 6.20
Debt ≤ 1 year
€79k▲
2024 · €73k
Income taxes
€354▼
2024 · €361
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €2k | €1k | €2k | ▲ 47.2% |
| Other operating charges640/8 | €6k | €792 | €860 | €892 | €924 | ▲ 3.5% |
| Gross operating margin9900 | €-35k | €12k | €-3k | €7k | €-24k | ▼ 469% |
| Operating profit (loss)9901 | €-42k | €9k | €-5k | €5k | €-27k | ▼ 676% |
| Financial income75/76B | - | - | €23 | - | - | - |
| Recurring financial income75 | - | - | €23 | - | - | - |
| Financial charges65/66B | €1k | €2k | €1k | €913 | €451 | ▼ 50.6% |
| Recurring financial charges65 | €1k | €2k | €1k | €913 | €451 | ▼ 50.6% |
| Profit (loss) for the period before taxes9903 | €-43k | €8k | €-6k | €4k | €-27k | ▼ 830% |
| Income taxes67/77 | €223 | €342 | €349 | €361 | €354 | ▼ 1.8% |
| Profit (loss) for the period9904 | €-43k | €7k | €-7k | €3k | €-27k | ▼ 919% |
| Profit (loss) for the period to be appropriated9905 | €-43k | €7k | €-7k | €3k | €-27k | ▼ 919% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37k | €54k | €58k | €56k | €35k | ▼ 37.8% |
| Fixed assets21/28 | €4k | €3k | €1k | - | €5k | - |
| Intangible fixed assets21 | €3k | €2k | €769 | - | - | - |
| Tangible fixed assets22/27 | €1k | €747 | €270 | - | €5k | - |
| Furniture and vehicles24 | €1k | €747 | €270 | - | €5k | - |
| Current assets29/58 | €33k | €51k | €57k | €56k | €30k | ▼ 46.4% |
| Stocks and contracts in progress3 | €14k | €18k | €18k | €18k | €18k | = |
| Stocks30/36 | €14k | €18k | €18k | €18k | €18k | = |
| Amounts receivable within one year40/41 | €5k | €28k | €25k | €6k | €8k | ▲ 25.2% |
| Trade receivables40 | €5k | €28k | €24k | €6k | €8k | ▲ 25.6% |
| Other amounts receivable41 | €446 | €337 | €920 | €387 | €461 | ▲ 19.1% |
| Cash at bank and in hand54/58 | €13k | €4k | €13k | €31k | €4k | ▼ 88.5% |
| Deferred charges and accrued income490/1 | €1k | €1k | €1k | €1k | €614 | ▼ 41.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37k | €54k | €58k | €56k | €35k | ▼ 37.8% |
| Equity10/15 | €-20k | €-13k | €-20k | €-16k | €-44k | ▼ 168% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €-25k | €-18k | €-25k | €-21k | €-49k | ▼ 129% |
| Amounts payable17/49 | €58k | €67k | €78k | €73k | €79k | ▲ 8.4% |
| Amounts payable within one year42/48 | €58k | €67k | €78k | €73k | €79k | ▲ 8.4% |
| Trade debts44 | €2k | €2k | €6k | €1k | €2k | ▲ 8.5% |
| Suppliers440/4 | €2k | €2k | €6k | €1k | €2k | ▲ 8.5% |
| Taxes, remuneration and social security45 | €6k | €623 | €691 | €372 | €354 | ▼ 4.9% |
| Taxes450/3 | €6k | €623 | €691 | €372 | €354 | ▼ 4.9% |
| Other amounts payable47/48 | €51k | €64k | €71k | €71k | €77k | ▲ 8.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-43k | €7k | €-7k | €3k | €-27k | ▼ 919% |
| + Depreciation and write-downs630 | €1k | €2k | €2k | €1k | €2k | ▲ 47.2% |
| Operating cash flow (approximation) | €-42k | €9k | €-5k | €4k | €-26k | ▼ 691% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €-9k | €9k | €18k | €-27k | ▼ 255% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Walhain · 1 establishment unit since 2020
Ground area
3,056 m²
Building footprint
111 m²
Parcel 25109B0176/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ahrès
since 20202.301.060.922
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25109B0176/00L000 | Wallonia | 3,056 m² | 1 · 111 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FireWise
BE 0798.579.719
Beringen · Eq €22,714
TREEX
BE 0820.140.047
Watermaal-Bosvoorde · Eq €22,632
ID-AL
BE 0478.208.713
Houthalen-Helchteren · Eq €22,599
IG Enterprises
BE 1011.320.416
Antwerpen · Eq €22,888
Vos Pieter
BE 0795.099.201
Riemst · Eq €22,899
Of 4,563 companies in sector 74999 we hold annual accounts for 1,935. 1,340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
10890Manufacture of food products
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.