Turnover
≈ €2,500 estimated
The micro format states no turnover.
ARA
Lifetime
12 annual accounts with figures on one time axis, 29 filings since 1990peak €23,752 (2011)
€155▼ 99.2%
lowest -€13,742 (2013)
-€592▼ €18,482
peak €6,817 (2020)
€6,226▼ 8.7%
€67,381▲ 3.8%
Board1 name since 2021
1 directorArts Stefan
Documentsfilings and deeds
07-11-2022311 days late
2021micro format
Gross margin from €19,012 to €155Loss of €592Cash from €1,617 to €4,072
Key points
from the 2021 annual accountsDebts
€67,381 92% of the balance sheet
Suppliers 36%Taxes and wages 6%Other 58%
Filings
29 annual accounts 1410 days past the deadline
2022 accounts not filed: deadline was 31-12-2022.
2021 figures too old to score
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2021. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
22.3% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 13.9%
01-2025: 13.2%▼ -0.7 percentage points vs 12-2024lowest value
02-2025: 13.2%● unchanged vs 01-2025lowest value
03-2025: 13.2%● unchanged vs 02-2025lowest value
04-2025: 13.2%● unchanged vs 03-2025lowest value
05-2025: 13.2%● unchanged vs 04-2025lowest value
06-2025: 13.2%● unchanged vs 05-2025lowest value
07-2025: 13.2%● unchanged vs 06-2025lowest value
08-2025: 13.2%● unchanged vs 07-2025lowest value
09-2025: 13.2%● unchanged vs 08-2025lowest value
10-2025: 13.2%● unchanged vs 09-2025lowest value
11-2025: 13.2%● unchanged vs 10-2025lowest value
12-2025: 13.2%● unchanged vs 11-2025lowest value
01-2026: 13.2%● unchanged vs 12-2025lowest value
02-2026: 13.2%● unchanged vs 01-2026lowest value
03-2026: 13.2%● unchanged vs 02-2026lowest value
04-2026: 13.2%● unchanged vs 03-2026lowest value
05-2026: 22.3%▲ +9.1 percentage points vs 04-2026highest value
06-2026: 22.3%● unchanged vs 05-2026highest value
07-2026: 22.3%● unchanged vs 06-2026highest value
08-2026: 22.3%● unchanged vs 07-2026highest value
09-2026: 22.3%● unchanged vs 08-2026highest value
10-2026: 22.3%● unchanged vs 09-2026highest value
11-2026: 22.3%● unchanged vs 10-2026highest value
Financial strength, FY 2021Weak
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Signals
Seven signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-05-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-05-2022 year end31-12-2022 deadline10-11-2026 today
raises risk · 2021 accounts filed 311 days late
The financial year that closed on 31-05-2021 was due by 31-12-2021 and was filed on 07-11-2022, 311 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
311 days late
2020
36 days late
2019
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 120 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Accounts not filed
Recent changes
Accounts not filed
KBO administration
Registered office moved from Brasschaat to Edegem
New registered office: Verbindingstraat 48 verdieping 2 2650 Edegem · Previous registered office: Vriesdonkakker 4 2930 Brasschaat · General meeting of 30-01-2022 · Gazette deed
First establishment
Vriesdonkakker 4, Brasschaat
Incorporation
published on 15-06-1989 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARA Edegem | €73,607 | €155 | 8.5% | - |
| MARIA & JANA Ixelles | €83,613 | -€17,865 | 63.4% | - |
| RENAISSANCE Ghent | €99,332 | -€10,583 | 40.3% | - |
| DE GOUDEN STERRE Bree | €78,320 | -€938 | 44.5% | - |
| Societe LIVIN - VASSEUR et Associes Mons | €68,873 | -€7,054 | -16.8% | - |
| Tiserbo Charleroi | €52,555 | -€12,486 | -132.7% | - |
| DANSHUIS VOLMOLEN Maaseik | €119,964 | -€37,088 | 44.3% | - |
These companies have the same main activity as ARA: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €52,600 and €120,000, founded between 1975 and 1998.
Official details
Source: KBO- Status
- Active since 29-05-1989Normal situation
- Activity
- Other retail sale of foodNACE 47279
- Establishment unit
- 2.043.575.6102930 Brasschaat, since 31-05-1989
- Financial year end
- 31 May
- Peppol
- Not found in the Peppol Directory
Insights on ARA
ARA files the micro format. That format states no turnover. The gross margin fell from €11,711 in 2007 to €155 in 2021.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARA
- What is the company number of ARA?
- The company number of ARA is 0437.516.718. The VAT number is the same number with BE in front: BE 0437.516.718.
- Where is ARA based?
- The registered office is at Verbindingsstraat 48, 2650 Edegem.Company details
- What does ARA do?
- According to the KBO register, the main activity is other retail sale of food (NACE 47279).
- What is the legal form of ARA?
- Legal form of ARA: Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was ARA founded?
- ARA was founded on 29-05-1989.
- Is ARA still active?
- Yes, ARA is an active enterprise in the KBO register.
- What is the turnover of ARA?
- The turnover in financial year 2021 is ≈ €2,500. This figure is estimated from the gross margin of €155 and 93 comparable companies (NACE 472). It probably lies between €1,200 and €5,200. It is a rough estimate.Financials
- Is ARA profitable?
- In financial year 2021, ARA made a loss of €592.
- Where can I find the annual accounts of ARA?
- ARA filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2021.
Next steps
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