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AR-Top

Active
Private limited companyfounded 2017active for 9 yearsChamp de Présenne 44, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0670.914.158

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of AR-Top is 3.1% (moderate). The annual accounts of AR-Top for financial year 2025 show a net loss of 112% of total assets. The 2025 annual accounts show equity of €1,743 and a net result of -€2,615. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 84% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 09-02-2017 Normal situation
Activity
Retail sale of watches and jewellery NACE 47770and 4 others
Establishment unit
2.262.331.097 1390 Grez-Doiceau, since 09-02-2017
Financial year end
31 December
Peppol
Reachable since 20-12-2025

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.1%
Annual accounts 2025
Gross margin
-€2,259
Loss
€2,615
Equity
€1,743
Total assets
€2,342
Turnover not published (micro format)
Filed on 01-09-2026, 32 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 32 days late; 3 of the last 3 accounts lateLiquidity: current ratio 3.83, cash €3, halvedLoss of €2,615, the second in a row (financial year 2025)1 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 43% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Average
Solvency 99+12
equity 74.4% of total assets
Liquidity 40-42
short-term debt 25.6% · cash 0.1%
Profitability 0=
return on assets -111.7%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025lowest value 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 3.2%▲ +1.9 percentage points vs 08-2025 10-2025: 6.3%▲ +3.1 percentage points vs 09-2025 11-2025: 6.4%▲ +0.1 percentage points vs 10-2025 12-2025: 7.4%▲ +1.0 percentage point vs 11-2025 01-2026: 9.8%▲ +2.4 percentage points vs 12-2025 02-2026: 9.8%● unchanged vs 01-2026 03-2026: 10.1%▲ +0.3 percentage points vs 02-2026 04-2026: 9.5%▼ -0.6 percentage points vs 03-2026 05-2026: 9.5%● unchanged vs 04-2026 06-2026: 9.2%▼ -0.3 percentage points vs 05-2026 07-2026: 9.2%● unchanged vs 06-2026 08-2026: 11.7%▲ +2.5 percentage points vs 07-2026highest value 09-2026: 11.7%● unchanged vs 08-2026 10-2026: 3.1%▼ -8.6 percentage points vs 09-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 84% of them on solvency, 38% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 32 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 3.83, cash €3, halved
NBB · annual accounts
raises risk · Loss of €2,615, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 2025 accounts filed 32 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
32 days late
2023
88 days late
2022
77 days late
2021
79 days late
2020
143 days late
2019
111 days late
2018
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 86 days after the deadline. In the sector (NACE 47), the median for financial year 2023 was on the deadline day, and 48% 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 18 October (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 83% of companies in retail tradesector median 33.2% · 22,726 companies 74.4% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€2,615 View

Comparable companies

These companies have the same main activity as AR-Top: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €666 and €3,450, founded between 2009 and 2020.

CompanyTotal assetsGross margin
AR-Top Grez-Doiceau€2,342-€2,259
MV Jewellery Antwerpen€2,621-€75,043
VAN GUR Antwerpen€1,673-€666
MB AUDIT Erpe-Mere€3,091€1,182
Sevva Jewelry Antwerpen€1,357-€580
SHINE & BITE Brussel€3,449-€17,406
ED10 Rixensart€666-€4,534
Full comparison

Documents

Annual accounts at the NBB

All 8 annual accounts

Articles and registers

Key facts about AR-Top

What is the company number of AR-Top?
The company number of AR-Top is 0670.914.158. The VAT number is the same number with BE in front: BE 0670.914.158.
Where is AR-Top based?
The registered office is at Champ de Présenne 44, 1390 Grez-Doiceau.Company details
What does AR-Top do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of AR-Top?
The legal form of AR-Top is Private limited company (BV).
When was AR-Top founded?
AR-Top was founded on 09-02-2017.
Is AR-Top still active?
Yes, AR-Top is an active enterprise in the KBO register.
What is the turnover of AR-Top?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2022 turnover was €49,260.Financials
Is AR-Top profitable?
In financial year 2025, AR-Top made a loss of €2,615.
Where can I find the annual accounts of AR-Top?
AR-Top filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of AR-Top due?
AR-Top must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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