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ARA

Active Private limited company (pre-2019)founded 1993active for 33 yearsDuinhoekstraat 164, 8660 De PanneKBO/BCE: BE 0450.762.562 #3 oldest company in De Panne, Professional and technical services sector

Lifetime

19 annual accounts with figures on one time axis, 30 filings since 1995
peak €149,072 (2007)
-€1,869▼ €2,380
lowest -€123,373 (2017)
-€1,925▼ €1,230
peak €57,381 (2012)
-€164,772▼ €1,925
€178,131▼ 0.5%
peak 5 FTE (2007)
-not published
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €511 to -€1,869Loss of €1,925Cash from €7,610 to €11,360

Key points

from the 2025 annual accounts

Equity

-€164,772
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€2,620 in two years
-6952024-1,9252025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€178,131 1,333% of the balance sheet
Suppliers 0%Taxes and wages 1%Other 99%

Of this, €177,604 falls due within a year.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,618 companies had the same profile as ARA has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,618 companies, not a prediction for ARA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0450762562
Registered office moved from De Panne to Adinkerke New registered office: Duinhoekstraat 164, 8660 Adinkerke · Previous registered office: Markt 5, 8660 De Panne · General meeting of 11-04-2017 · Gazette deed
First establishment Duinhoekstraat 164, De Panne
Incorporation published on 24-09-1993 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
ARA De Panne €13,360 -€1,869 -1233.4% -
N & P Associates Oostkamp €12,827 -€5,751 -336.1% -
TRICOTEUSE Kortrijk €13,858 -€14,273 -1651.4% -
MERIVENTI Schelle €13,245 -€9 -714.2% -
ZAKENKANTOOR LOEMAN - TEUGHELS Tremelo €14,503 -€1,582 58.3% -
ENVIRONMENTAL MANAGMENT TEAM Uccle €14,138 -€5,741 93.3% -
ANALYSIS AND PREDICTIVE MAINTENANCE Schoten €12,366 -€1,750 -336.3% -

These companies have the same main activity as ARA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €12,400 and €14,500, founded between 1988 and 1995.

Official details

Source: KBO
Status
Active since 31-08-1993Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.063.793.8738660 De Panne, since 04-10-1993
Financial year end
30 June
Peppol
Reachable since 14-05-2025
Company details

Annual accounts to 30-06-2025

€13,360▼ 17.1%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on ARA

ARA files the micro format. That format states no turnover. The gross margin fell from €149,072 in 2007 to -€1,869 in 2025.

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 0450.762.562. The VAT number is the same number with BE in front: BE 0450.762.562.
Where is ARA based?
The registered office is at Duinhoekstraat 164, 8660 De Panne.Company details
What does ARA do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of ARA?
ARA is a private limited company (pre-2019) (BVBA).
When was ARA founded?
ARA was founded on 31-08-1993.
Is ARA still active?
Yes, ARA is an active enterprise in the KBO register.
What is the turnover of ARA?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is ARA profitable?
In financial year 2025, ARA made a loss of €1,925.
Where can I find the annual accounts of ARA?
ARA filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARA due?
ARA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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