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Ara

Open bankruptcy
Private limited company (pre-2019)founded 2014Klapstraat 20, 1790 Affligem, BelgiumKBO/BCE: BE 0551.962.563

A bankruptcy procedure is open for Ara according to publications in the Belgian State Gazette; curator: Mr VERSCHUREN Gerry.

Summary

The 2015 annual accounts show equity of €6,782 and a net result of €582.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Commercial Court of Brussels
Declared bankrupt
10 April 2018
Official Gazette
16-04-2018 (pdf) ↗search the document for 2018/116526

Deadlines

Provisional date payments stopped
10 April 2018A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 1 May 2018Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 10 May 2018art. XX.104 and XX.155 CEL
First verification report
passed on 16 May 2018Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 10 April 2019Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 31-08-2016, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2015
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 May 2014, Ara was incorporated.1 The company has filed annual accounts once, for fiscal year 2015.2 The company was declared bankrupt on 10 April 2018.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2015
  3. 3Belgian State Gazette, 16-04-2018

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2015, abbreviated schema

Turnover
€96,801
EBIT margin
1.5%
Net result
€582
Working capital
€6,782

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €17,657
Equity €6,782
Debt €10,875
Debt finances 61.6% of the balance-sheet total.
Key figures and ratios
2015 value
Current ratio
1.62
ROE
8.6%
ROA
3.3%
Debt ≤ 1 year
€10,875
Income taxes
€703
Annual accounts
Filed annual accounts As filed with the NBB · 2015 · 19 lines
Balance sheet Code2015
Assets
Total assets20/58€17,657
Current assets29/58€17,657
Stocks and contracts in progress3€13,000
Cash at bank and in hand54/58€4,657
Equity and liabilities
Total equity and liabilities10/49€17,657
Equity10/15€6,782
Contributions10/11€6,200
Profit (loss) carried forward14€582
Amounts payable17/49€10,875
Amounts payable within one year42/48€10,875
Trade debts44€1,455
Income statement Code2015
Turnover70€96,801
Gross operating margin9900€1,499
Operating profit (loss)9901€1,437
Recurring financial charges65€152
Profit (loss) for the period before taxes9903€1,285
Income taxes67/77€703
Profit (loss) for the period9904€582
Profit (loss) for the period to be appropriated9905€582
Line2015
Turnover70€96,801
Gross operating margin9900€1,499
Operating profit (loss)9901€1,437
Recurring financial charges65€152
Profit (loss) for the period before taxes9903€1,285
Income taxes67/77€703
Profit (loss) for the period9904€582
Profit (loss) for the period to be appropriated9905€582
Line2015
Assets
Total assets20/58€17,657
Current assets29/58€17,657
Stocks and contracts in progress3€13,000
Cash at bank and in hand54/58€4,657
Equity and liabilities
Total equity and liabilities10/49€17,657
Equity10/15€6,782
Contributions10/11€6,200
Profit (loss) carried forward14€582
Amounts payable17/49€10,875
Amounts payable within one year42/48€10,875
Trade debts44€1,455
Line2015
Profit (loss) for the period9904€582
Operating cash flow (approximation)€582

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2018
16-04
Bankruptcy Opening
Rechtbank van koophandel Brussel · event 10-04-2018
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Affligem · 1 establishment unit since 2014
seat establishment approximate The establishment unit on the map
Ground area
1,398 m²
Building footprint
271 m²
Volume, LiDAR
1,310 m³
Parcel 23085A0992/00P000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARA FURNITURE
Klapstraat 20, 1790 AffligemWholesale trade
since 20142.258.420.910
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23085A0992/00P000 Flanders 1,398 m² 1 · 271 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator Mr VERSCHUREN Gerry
GUSTAAF GILSONSTRAAT 11, 1090 BRUSSEL 9
10-04-2018 → present

Similar companies · same sector, comparable size

Of 334 companies in sector 46471 we hold annual accounts for 190. 67 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded06-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
46471Wholesale trade
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.