ARAS CONSULT
InactiveARAS CONSULT was declared bankrupt on 02-01-2025 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 13-01-2026, published in the Belgian State Gazette on 20-01-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-01-2024, 187 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
187 d early
2022
133 d early
2021
1 d early
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€68k▲ 124%
2022 · €30k
2020: €19k
2021: €18k
2022: €30k
2020 → 2023
Total assets
€104k▲ 123%
2022 · €46k
2020: €26k
2021: €26k
2022: €46k
2020 → 2023
Net result
€37k▲ 214%
2022 · €12k
2020: €14k
2021: €-483
2022: €12k
2020 → 2023
Working capital
€66k▲ 121%
2022 · €30k
2020: €19k
2021: €18k
2022: €30k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€19k-€18k▼ 2.6%€30k▲ 65.4%€68k▲ 124%
Operating result€14k-€-1k€12k€34k▲ 182%
Net result€14k-€-483€12k€37k▲ 214%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 182% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €104k
Fixed assets
€1k
Current assets
€102k
Equity and liabilities €104k
Equity
€68k▲ 124%
Debt
€36k▲ 121%
The debt ratio falls from 35.1% to 34.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k
Cash flow
€38k
Solvency
65.2%▲
2022 · 64.9%
Current ratio
2.84▼
2022 · 2.85
Quick ratio
2.84▼
2022 · 2.85
Debt / equity
0.53▼
2022 · 0.54
ROE
55.4%▲
2022 · 39.6%
ROA
36.1%▲
2022 · 25.7%
Interest coverage
645.90
Debt
€36k▲
2022 · €16k
Debt ≤ 1 year
€36k▲
2022 · €16k
Staff costs
€30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€46k€104k▲
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Plant, machinery and equipment23-€1k
Current assets29/58€46k€102k▲
Amounts receivable within one year40/41€30k€68k▲
Trade receivables40€27k€68k▲
Other amounts receivable41€3k€39▼
Cash at bank and in hand54/58€16k€34k▲
Equity and liabilities
Total equity and liabilities10/49€46k€104k▲
Equity10/15€30k€68k▲
Contributions10/11€5k€5k=
Capital10€5k€5k=
Issued capital100€5k€5k=
Profit (loss) carried forward14€25k€63k▲
Amounts payable17/49€16k€36k▲
Amounts payable within one year42/48€16k€36k▲
Trade debts44€5k€13k▲
Suppliers440/4€5k€13k▲
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€6k▲
Other amounts payable47/48€10k€18k▲
Income statement
Code20222023
Remuneration, social security and pensions62-€30k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€93
Gross operating margin9900€12k€64k▲
Operating profit (loss)9901€12k€34k▲
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B-€52
Recurring financial charges65-€52
Profit (loss) for the period before taxes9903€12k€37k▲
Profit (loss) for the period9904€12k€37k▲
Profit (loss) for the period to be appropriated9905€12k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€63k▲
Profit (loss) brought forward from the previous period14P€13k€25k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · HAS OIL BV LEOPOLDLAAN 2, 3900 OVERPELT · event 13-01-2026
2025
08-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · HAS OIL BV LEOPOLDLAAN 2, 3900 OVERPELT · event 02-01-2025
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €37k ▲214%
Operating result €34k, net result €37k, both a record.
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-483 ▼104%
Net result drops to €-483, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6,
3700 TONGEREN-BORGLOON |
02-01-2025 → present |
| Curator | ELKE NATENS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON- |
02-01-2025 → present |