ARARAT S5
The computed 12-month bankruptcy probability of ARARAT S5 is 7.6% (elevated). The 2025 annual accounts show negative equity (€-15k) and a net result of €-4k. Equity is shrinking by ~31.9% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-15k |
| Net result | €-4k |
| Active | 5 yrs |
| Publications | 4 |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-4k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €67 |
| Equity | €-15k |
| Debt | €11k |
| of which ≤ 1y | €11k |
| of which > 1y | - |
| Working capital | €-11k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.01 |
| Quick ratio | 0.01 |
| Working capital ratio | -16596.9% |
| Solvency | -22328.7% |
| Debt / equity | -0.75 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -5925.9% |
| ROE | 26.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €67 |
| Current assets | 29/58 | €67 |
| Cash & bank | 54/58 | €67 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €67 |
| Equity | 10/15 | €-15k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-25k |
| Provisions & deferred taxes | 16 | €4k |
| Amounts payable | 17/49 | €11k |
| Amounts payable within one year | 42/48 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €0 |
| Operating result | 9901 | €-4k |
| Financial charges | 65 | €131 |
| Result before taxes | 9903 | €-4k |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
Former directors (1)
-
Former- → 23-03-2023
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 07-06-2021 |
| Status | Active |
| Postal code | 4000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62802D0475/00C000 | Wallonia | 141 m² | 1 · 40 m² | 14.2 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-05-2026 Notarial deed · General meeting · Auditor report · Dissolution balance sheet
- Filing: 2026-04-28 · ARARAT S5
- Publication: 2026-05-08 · ARARAT S5
- Notarial deed: 2026-03-31 · ARARAT S5
- General meeting: 2026-03-31 · ARARAT S5
- Auditor report: 2026-03-27 · ARARAT S5
- Dissolution balance sheet: date: 2025-12-31 · ARARAT S5
- Dissolution: 2026-03-31 · ARARAT S5
- Liquidation: 2026-03-31 · ARARAT S5
- Share distribution: 2026-03-31 · ARARAT S5
- Officer resignation: 2026-03-31 · MOVSISYAN Shushan
- Officer discharge: 2026-03-31 · MOVSISYAN Shushan
- Power of attorney: 2026-03-31 · ARARAT S5
- Real estate declaration: nee · ARARAT S5
- Act object: DISSOLUTION - LIQUIDATION
Technical details
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"quote": "28 AVR, 2026",
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"type": "notarial_deed",
"quote": "Aux termes d\u0027un proc\u00E8s-verbal dress\u00E9 par le Notaire Pierre LEBON, \u00E0 Bruxelles, 2\u00E8me Canton, le 31 mars 2026",
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"value": "2026-03-27",
"object": "e3",
"subject": "e1"
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{
"type": "dissolution_balance_sheet",
"quote": "l\u0027\u00E9tat r\u00E9sumant la situation active et passive \u00E9tabli en discontinuit\u00E9 au 31 d\u00E9cembre 2025 avec un total de bilan de 67,37 EUR et un actif net n\u00E9gatif de 15.042,83 EUR",
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{
"type": "dissolution",
"quote": "L\u0027assembl\u00E9e d\u00E9cide de dissoudre anticipativement la soci\u00E9t\u00E9.",
"value": "2026-03-31",
"object": null,
"subject": "e1"
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{
"type": "liquidation",
"quote": "l\u0027actionnaire unique d\u00E9clare vouloir proc\u00E9der \u00E0 la cl\u00F4ture imm\u00E9diate de la liquidation et d\u00E9cide de ne pas nommer de liquidateur.",
"value": "2026-03-31",
"object": null,
"subject": "e1"
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{
"type": "share_distribution",
"quote": "Cette d\u00E9cision de cl\u00F4ture entra\u00EEne transfert de plein droit de l\u0027avoir social \u00E0 l\u0027actionnaire unique.",
"value": "2026-03-31",
"object": "e5",
"subject": "e1"
},
{
"type": "officer_resignation",
"quote": "L\u0027assembl\u00E9e acte la d\u00E9mission d\u00E8s ce jour de l\u0027administrateur unique Madame MOVSISYAN Shushan",
"value": "2026-03-31",
"object": "e1",
"subject": "e5"
},
{
"type": "officer_discharge",
"quote": "et d\u00E9cide de la d\u00E9charge donn\u00E9e \u00E0 l\u0027administrateur.",
"value": "2026-03-31",
"object": "e1",
"subject": "e5"
},
{
"type": "power_of_attorney",
"quote": "L\u0027assembl\u00E9e d\u00E9cide de nommer Madame MOVSISYAN Shushan, pr\u00E9nomm\u00E9e, avec pouvoir de substitution, ou toute autre personne d\u00E9sign\u00E9e par elle comme mandataire ad hoc de la soci\u00E9t\u00E9",
"value": "2026-03-31",
"object": "e5",
"subject": "e1"
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{
"type": "real_estate_declaration",
"quote": "L\u0027actionnaire unique a d\u00E9clar\u00E9 que la soci\u00E9t\u00E9 ne poss\u00E8de pas d\u0027immeubles.",
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"object": null,
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{
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}19-06-2023 Karapetyan Samvel resigns as director
- Karapetyan Samvel, Bestuurder
Technical details
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}03-02-2022 Registered office moved within Liège
- Rue de Hesbaye 31, 4000 Liège → Rue de Hesbaye 118, 4000 Liège
Technical details
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}09-06-2021 Incorporation of a new SRL
Technical details
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"initial_directors": [],
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ARARAT S5 |