Aoragh Projects
ActiveSummary
The computed 12-month bankruptcy probability of Aoragh Projects is 15.1% (high). For Aoragh Projects, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €57 and a net result of -€955. Equity is shrinking by about 56% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2024. Its solvency ranks better than 21% of 14,750 sector peers (NACE 46, financial year 2023). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 29 October 2026.
2021 to 2023, 3 financial years
The operating result stays negative: a loss of €905 in 2023 against €110 in 2022; the loss grows and 2023 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | - | €9,600 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €9,307 | €789 | ▼ 91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €96 | €166 | €166 | ▼ 0.2% |
| Other operating charges640/8 | - | €237 | - | - |
| Gross operating margin9900 | -€352 | €293 | -€739 | - |
| Operating profit (loss)9901 | -€448 | -€110 | -€905 | ▼ 723% |
| Financial charges65/66B | - | €80 | €50 | ▼ 37.8% |
| Recurring financial charges65 | - | €80 | €50 | ▼ 37.8% |
| Profit (loss) for the period before taxes9903 | -€448 | -€190 | -€955 | ▼ 402% |
| Profit (loss) for the period9904 | -€448 | -€190 | -€955 | ▼ 402% |
| Profit (loss) for the period to be appropriated9905 | -€448 | -€190 | -€955 | ▼ 402% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4,446 | €4,006 | €3,001 | ▼ 25.1% |
| Fixed assets21/28 | €499 | €333 | €167 | ▼ 49.8% |
| Tangible fixed assets22/27 | €499 | €333 | €167 | ▼ 49.8% |
| Plant, machinery and equipment23 | €499 | €333 | €167 | ▼ 49.8% |
| Current assets29/58 | €3,947 | €3,673 | €2,834 | ▼ 22.9% |
| Amounts receivable within one year40/41 | €78 | - | - | - |
| Other amounts receivable41 | €78 | - | - | - |
| Cash at bank and in hand54/58 | €3,869 | €3,673 | €2,834 | ▼ 22.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4,446 | €4,006 | €3,001 | ▼ 25.1% |
| Equity10/15 | €1,252 | €1,062 | €57 | ▼ 94.6% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Capital10 | - | €2,500 | - | - |
| Issued capital100 | - | €2,500 | - | - |
| Profit (loss) carried forward14 | -€1,248 | -€1,438 | -€2,443 | ▼ 69.9% |
| Amounts payable17/49 | €3,194 | €2,944 | €2,944 | = |
| Amounts payable within one year42/48 | €3,194 | €2,944 | €2,944 | = |
| Financial debts43 | - | €2,944 | €2,944 | = |
| Other loans439 | - | €2,944 | €2,944 | = |
| Other amounts payable47/48 | €3,194 | - | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€448 | -€190 | -€955 | ▼ 402% |
| + Depreciation and write-downs630 | €96 | €166 | €166 | ▼ 0.2% |
| Operating cash flow (approximation) | -€352 | -€24 | -€789 | ▼ 3,182% |
| Investment in fixed assets (approximation) | - | €0 | -€0 | - |
| Change in cash | - | -€196 | -€839 | ▼ 328% |
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 (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 16-09-2024 | 2024-00464513 |
| 31-12-2022 | micro format | 16-09-2024 | 2024-00464357 |
| 31-12-2021 | micro format | 16-12-2022 | 2022-20538664 |
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.