Skip to content

ARAGONIA

Active
Public limited companyfounded 201114 yrs activeLeopold de Waelplaats 26, 2000 Antwerpen, BelgiumKBO/BCE: BE 0841.355.135
Summary

ARAGONIA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,370) and a net result of -€179,278. Equity is shrinking by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 5338 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisWatch ReportCompare
ARAGONIAActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
Size
€212,810total assets 2025
Equity
-€6,370
Loss
-€179,278
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
1.2%
Structure
Parent
VOORUITZICHT · 100%
Accounts 28 d early1 of 15 deeds read
Why 53Capped at 59: negative equity- Loss of €179,278 (FY 2025)- Negative equity -€6,370+ Size: total assets €212,810+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 22-37
equity -3.0% of total assets
Liquidity 36+14
short-term debt 39.2% · cash 3.7%
Profitability 0-84
return on assets -84.2%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,417 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%● 0.0% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%▼ -1.8% vs 02-2025 04-2025: 0.5%▼ -6.1% vs 03-2025 05-2025: 0.5%▼ -0.7% vs 04-2025 06-2025: 0.5%▲ +9.6% vs 05-2025 07-2025: 0.7%▲ +34.8% vs 06-2025 08-2025: 0.1%▼ -79.2% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%▲ +2.1% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▲ +0.7% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.2%▲ +6.9% vs 03-2026 05-2026: 0.2%▲ +5.8% vs 04-2026 06-2026: 0.2%▼ -2.5% vs 05-2026 07-2026: 0.2%▲ +12.6% vs 06-2026 08-2026: 1.2%▲ +575% vs 07-2026highest value 09-2026: 1.2%● 0.0% vs 08-2026highest value 10-2026: 1.2%● 0.0% vs 09-2026highest value
  • Loss of €179,278 (FY 2025) raises the probability
  • Size: total assets €212,810 lowers the probability for this profile
  • Negative equity -€6,370 raises the probability
  • Legal form Public limited company lowers the probability
No credit on open account
Liquidity ample (current ratio 2.51 against 1.78 in 2024; short-term debt: 39.2% and cash: 3.7% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 17%, liquidity 29%, profitability 4%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €179,278 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €212,810
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€6,370
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€6,370
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
23 d early
2023
27 d early
2022
26 d early
2021
25 d early
2020
23 d early
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Capital & shares · RestructuringResignation: VOORUITZICHT (director) · Merger…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€6,370 View
  • Caution: From profit to loss in 2025after €77,358 in 2024 -€179,278 View
  • Caution: Among the weakest 12% on solvencysector median 38.1% · 5,338 companies -3.0% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by VOORUITZICHTknown shareholders 100% 100% View
  • Merger with SCHELDEDIJKmerger on 22-12-2025 2025 View
  • A director leftlatest change 03-03-2026 · 0 in office 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€212,810
Loss
-€179,278
Solvency
-3.0%
Total assets▼ 48.7%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 03-07-2026Annual accounts filed
  2. 03-03-2026Capital & shares · Restructuring
  3. 08-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
22-11-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?SOCREAL · 16 companies How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure