AOL Development
ActiveSummary
The computed 12-month bankruptcy probability of AOL Development is 12.4% (high). The 2024 annual accounts show equity of €1,371 and a net result of €1,371. Its solvency ranks better than 20% of 19,153 sector peers (NACE 68, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
- Equity
- €1,371
- Profit
- €1,371
Why 30raises riskFigures for financial year 2024 (filed 21-11-2025)Liquidity: current ratio 1.39, cash €821 financial year not filed after the legal deadline; last filed accounts filed 113 days late; 1 of the last 3 lateEx-officio strike-off in the KBOShow the evidence
Checked score
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
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, micro): better than 20% on solvency, 44% on liquidity and 34% on profitability.
The bankruptcy probability was computed on 24-10-2026 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).
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Signals
This company filed its 2024 accounts 113 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2024 · micro…
- Address strikeout annulledKBO administration
Financials · financial year 2024, micro format
2024 annual accounts filed late (113 days) Filed on 21 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00568847.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.8% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 12.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €102,745 |
| Gross operating margin9900 | €104,964 |
| Operating profit (loss)9901 | €2,219 |
| Financial charges65/66B | €360 |
| Recurring financial charges65 | €360 |
| Profit (loss) for the period before taxes9903 | €1,859 |
| Income taxes67/77 | €488 |
| Profit (loss) for the period9904 | €1,371 |
| Profit (loss) for the period to be appropriated9905 | €1,371 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.7m | |
| Fixed assets21/28 | €1.4m | |
| Tangible fixed assets22/27 | €1.4m | |
| Land and buildings22 | €1.4m | |
| Current assets29/58 | €0.3m | |
| Stocks and contracts in progress3 | €0.2m | |
| Stocks30/36 | €0.2m | |
| Amounts receivable within one year40/41 | €0.09m | |
| Trade receivables40 | €0.09m | |
| Other amounts receivable41 | €0.002m | |
| Cash at bank and in hand54/58 | €82 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.7m | |
| Equity10/15 | €0.001m | |
| Reserves13 | €0.001m | |
| Distributable reserves133 | €0.001m | |
| Amounts payable17/49 | €1.7m | |
| Amounts payable after more than one year17 | €1.5m | |
| Financial debts170/4 | €1.5m | |
| Amounts payable within one year42/48 | €0.2m | |
| Trade debts44 | €0.08m | |
| Suppliers440/4 | €0.08m | |
| Taxes, remuneration and social security45 | €488 | |
| Taxes450/3 | €488 | |
| Other amounts payable47/48 | €0.2m | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €1,371 |
| Operating cash flow (approximation) | €1,371 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 21-11-2025 | 2025-00568847 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| AOULAD-L’ARBI Arzki |
|
Owners and capital
Capital and shareholders
- AOULAD-L'ARBI Abdessamad 1,000 shares (100%) · €1,000,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-11-2023 Incorporation · €1,000,000 · 1,000 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
05-05
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 15-01-2026
- Registered-office move, Kleine Nieuwedijkstraat 27, 2800 Mechelen
28-11
Gazette deed
IncorporationAppointment: AOULAD-L’ARBI Arzki (gewone bestuurder) · Power of attorney · Founder5 facts ▸
- Director appointment, AOULAD-L’ARBI Arzki (gewone bestuurder)
- Power of attorney, Veerle Boere
- Incorporation, 24-11-2023
- Founder, AOULAD-L'ARBI Abdessamad
- Founding capital, €1,000,000
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1002.651.980
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12402B0186/00N002 | Flanders | 478 m² | 1 · 93 m² | 8.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Investeren in – en ontwikkelen van divers vastgoed, projectontwikkeling met betrekking tot vastgoed, huren – en verhuren, kopen – en…” (deed in Dutch)
17 activities (deed in Dutch)
- Investeren in – en ontwikkelen van divers vastgoed, projectontwikkeling met betrekking tot vastgoed, huren – en verhuren, kopen – en verkopen van divers vastgoed, dit zowel in volle eigendom, als vruchtgebruik of als erfpacht en of recht van opstal
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
- Projectontwikkeling voor de bouw van appartementsgebouwen
- Ontwikkeling van niet-residentiële bouwprojecten
- Projectontwikkeling voor de bouw of de aanleg van: commerciële; en industriële centra, hotels, industriezones en markten, jachthavens, wintersportcentra enz…
- Grondverkavelingen
- Ruilverkavelingen
- Verhuur van al dan niet gemeubelde appartementen en huizen
- Verhuur van niet residentiële gebouwen zoals kantoorgebouwen, handelspanden, tentoonstellingsruimtes etc…
- Verhuur per jaar van garageboxen en staanplaatsen voor auto’s
- Verhuur van grond en terreinen, ook indien bebouwd, voor landbouwdoeleinden
- Bemiddeling bij aankoop, verkoop, en verhuur van onroerend goed voor een vast bedrag of op contractbasis
- Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
- Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis
- Verlenen, in opdracht van de eigenaar of de mede-eigenaars, van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de gebouwen (residentieel gebouw)
- Toezien op de bouwwerkzaamheden (ruwbouw, installatie, afwerking enz…)
- Leiden van belangrijke herstellingswerkzaamheden aan gebouwen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Dellingstraat 31A,2800 Mechelen” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, mogelijkheid deel te delegeren” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 11:00