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ARAK

Active Private limited companyfounded 2006active for 19 yearsVaartkant Rechts 8 J, 2960 BrechtKBO/BCE: BE 0885.026.911

Lifetime

18 annual accounts with figures on one time axis
peak €205,752 (2023)
€87,658▼ 55.2%
lowest -€65,684 (2012)
€27,959▼ 75.0%
peak €596,968 (2025)
€596,968▲ 4.9%
€1.7m▲ 817%
Board3 names since 2006
3 directorsDE ROECK Morena and 2 others
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €195,510 to €87,658Result from €112,013 to €27,959Debts from €189,419 to €1.7mInvestments €1.2mCash from €291,894 to €126,169

Key points

from the 2025 annual accounts

Equity

€596,968 ▲ 4.9%

ARAK has made a profit without a break since 2020.

Result

€27,959 ▼ 75.0%
€112,0002024€28,0002025

The result fell in 2025 from €112,013 to €27,959.

Debts

€1.7m ▲ 817%
Financial debts
+0.7
Suppliers
+0.5
Other debts
+0.3

Debts rose by €1.5m in 2025.

Investments

€1.2m 41.7 × depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 377.9% higher than in 2024.

Liquidity

0.62 was 3.34 in 2024

Short-term debts rose from €132,654 to €1.4m.

Filings

18 annual accounts since 2008
deadline2010201520202025

The last five annual accounts were filed 0 to 50 days before the end of the period.

Checked score

88
Excellent
Financially stronger than 38% of small companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 596 companies (NACE 52, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength
Weak

50-47equity 25.3% of total assets
25-67short-term debt 60.6% · cash 5.3%
57-30return on assets 1.2%

Score breakdown

raises risk
Sector: Warehousing and support activities for transportation (NACE 52)
Liquidity: current ratio 0.62, cash €126,169, halved
lowers risk
Size: total assets €2.4m
Founded in 2006
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 52, small). It does better than 38% of them on solvency, 22% on liquidity, 41% on profitability and 52% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as ARAK has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ARAK itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 4,107 companies, not a prediction for ARAK. 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

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.62 (3.34 in 2024), below 1. Short-term debt is 60.6% and cash 5.3% of total assets. 74.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.62, cash €126,169, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
50 days early
2023
40 days early
2022
on the day
2021
on the day
2020
2 days early
2019
11 days early
← 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 15 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DR
Director, since 16-11-2006
GD
Director, since 16-11-2006
GM
Director, since 04-03-2014
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0885026911
3 managers resigning, 3 directors reappointed Resignations: GALICIA Danny, DE ROECK Morena and GALICIA Melvin · Reappointments: GALICIA Danny, DE ROECK Morena and GALICIA Melvin · Director discharge: GALICIA Danny · Gazette deed
Registered office moved from Antwerp to Sint-Lenaarts New registered office: Vaartkant Rechts 8 J, 2960 Sint-Lenaarts · Previous registered office: Braziliëstraat 24-26, 2000 Antwerpen · Gazette deed
Incorporation published on 27-11-2006 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
ARAK Brecht €2.4m €87,658 25.3% -
Independent Transport Solutions Antwerp €1.4m €136,716 99.1% -
Wiveba Evergem €1.3m €109,309 91.6% -
FLORATRANS - SHIPPING Lochristi €2.6m €85,704 80.5% -
TROVER Antwerp €0.9m €99,574 68.7% -
TRAVOTTO Kontich €0.9m €42,429 8.8% 0
VAGMAR Lievegem €0.9m €81,881 82.6% -

These companies have the same main activity as ARAK: warehousing and support activities for transportation (NACE 52220). They are comparable in size and age: total assets between €891,000 and €2.6m, founded between 2000 and 2008.

Official details

Source: KBO
Status
Active since 16-11-2006Normal situation
Activity
Warehousing and support activities for transportationNACE 52220and 1 other
Establishment unit
2.157.678.8862960 Brecht, since 16-11-2006
Financial year end
30 June
Peppol
Reachable since 13-11-2025
Company details

Annual accounts to 30-06-2025

≈ €260,000estimated
€2.4m▲ 200%
Filing
Filed on 28-01-2026, 3 days before the end of the filing period
Financials

Insights on ARAK

ARAK files the micro format. That format states no turnover. The gross margin rose from €56,027 in 2008 to €87,658 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

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 ARAK

What is the company number of ARAK?
The company number of ARAK is 0885.026.911. The VAT number is the same number with BE in front: BE 0885.026.911.
Where is ARAK based?
The registered office is at Vaartkant Rechts 8 J, 2960 Brecht.Company details
What does ARAK do?
According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52220).
What is the legal form of ARAK?
ARAK is a private limited company (BV).
When was ARAK founded?
ARAK was founded on 16-11-2006.
Is ARAK still active?
Yes, ARAK is an active enterprise in the KBO register.
What is the turnover of ARAK?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €87,658 and 2,666 comparable companies of the same size. It probably lies between €170,000 and €460,000. It is a rough estimate.Financials
Is ARAK profitable?
In financial year 2025, ARAK made a profit of €27,959.
Where can I find the annual accounts of ARAK?
ARAK filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARAK due?
ARAK must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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