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Complete company report
Generated 13-08-2026
Active BE 0550.923.673Private limited company (pre-2019)Open bankruptcy

ARASSE

· 12 yrs active
Conclusion Checked

A bankruptcy procedure is open for ARASSE according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €36k and a net result of €28k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €36k
Net result €28k
Active 12 yrs
Board 2
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health16Profitability100Solvency41Growth78Stability0
47 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 16
Profitability 100
Solvency 41
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 1 events
Address struck
Health barometer FY 2021 · computed
16 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 17-10-2022 with the NBB · fiscal year 2021 · micro
€-50k€0€50k€100kOperating result 2018: €-20k€-20kNet result 2018: €-261€-261Operating result 2019: €7k€7kNet result 2019: €5k€5kRevenue 2020: €105k€105kOperating result 2020: €-4k€-4kNet result 2020: €-303€-303Operating result 2021: €39k€39kNet result 2021: €28k€28k2018201920202021
RevenueOperating resultNet result
Revenue
€105k
- 18-21
EBITDA
€40k
- 18-21
Net profit
€28k
- 18-21
Cash flow
€30k
- 18-21
Total assets
€152k
+204.2% 18-21
Equity
€36k
+365.8% 18-21
Working capital
€33k
- 18-21
Income taxes
€13k
+1845.0% 18-21
Debt
€116k
+174.5% 18-21
Debt ≤ 1y
€116k
+174.5% 18-21
Current ratio
1.28
+36.6% 18-21
Quick ratio
1.28
+36.6% 18-21
Solvency
23.8%
+53.1% 18-21
Debt / equity
3.20
- 18-21
ROE
78.5%
- 18-21
ROA
18.7%
- 18-21
Net margin
-0.3%
- 18-21
EBITDA margin
-3.9%
- 18-21
Interest coverage
18.20
- 18-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA€40k
Net profit€28k
Cash flow€30k
Staff costs-
Income taxes€13k
Dividends-
Total assets€152k
Equity€36k
Debt€116k
of which ≤ 1y€116k
of which > 1y-
Working capital€33k
Employees (FTE)-
Ratios (computed)
2021
Current ratio1.28
Quick ratio1.28
Working capital ratio21.4%
Solvency23.8%
Debt / equity3.20
Long-term debt ratio-
Interest coverage18.20
Gross margin-
Net margin-
ROA18.7%
ROE78.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€152k
Fixed assets 21/28€4k
Tangible fixed assets 22/27€4k
Current assets 29/58€148k
Amounts receivable within one year 40/41€139k
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€152k
Equity 10/15€36k
Contributions / capital 10/11€6k
Reserves 13€30k
Accumulated profits (losses) 14€78
Amounts payable 17/49€116k
Amounts payable within one year 42/48€116k
Trade debts payable within one year 44€100k
Income statement
Gross operating margin 9900€93k
Operating result 9901€39k
Financial income 75€5k
Financial charges 65€2k
Result before taxes 9903€41k
Income taxes 67/77€13k
Net result for the period 9904€28k
Result to be appropriated 9905€28k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • Masquelier Mathieu
    Director
    State Gazette act 24092236 (19-06-2024)
    Current
    19-06-2024 → present
  • Roisin Marvin Steve R
    Director
    State Gazette act 24067501 (26-04-2024)
    Current
    26-04-2024 → present
Former directors (2)
  • Marvin Roisin
    Director
    State Gazette act 24092236 (19-06-2024)
    Former
    - → 19-06-2024
  • Bumbar Petru
    Director
    State Gazette act 24067501 (26-04-2024)
    Former
    - → 26-04-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator YSABELLE ENSCH
AVENUE LOUISE 349 B 17, 1050 IXELLES
 13-10-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation25-04-2014
StatusActive
Postal code-
First BS signal 20-10-2025
Latest BS signal 20-10-2025
Establishment units 1 location
ARASSE
Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
since 20142.229.863.120
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21905C0149/00B013 Brussels 1,194 m² 1 · 392 m² 22.3 m · 6 fl.
21392B0100/00C005
ProtectedMonumentRésidence BasiliqueSource ↗
 Brussels 534 m² 1 · 356 m² 29.6 m · 9 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
20-10-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL ARASSE AVENUE CHARLES- QUINT 124/14, 1083 GANSHOREN · event 13-10-2025
24-01-2025
KBO administration Address struck
2024
19-06-2024
State Gazette act Capital & shares
26-04-2024
State Gazette act Capital & shares
2023
02-08-2023
State Gazette act Capital & shares
2022
17-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
30-09-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
31-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
13-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
22-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
12-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
29-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Lifecycle & Insolvency Signals 2 events
20-10-2025
Bankruptcy Opening
Date: 13-10-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL ARASSE AVENUE CHARLES- QUINT 124/14, 1083 GANSHOREN · Publications in State Gazette ↗
24-01-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-24 · KBO administration · Address struck2025-10-20 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 3 acts
Capital history · 3
19-06-2024
Capital change
26-04-2024
Capital change
02-08-2023
Capital change
All acts · 3 updated 2 years ago
2024
19-06-2024 Transaction in capital or shares Capital & shares
Technical details 
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  "bedrijfsrevisor": null,
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  "shareholders_after": [
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      "n_shares": 100,
      "share_class": null
    }
  ],
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26-04-2024 Restructuring of share classes Capital & shares
Technical details 
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  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Privellee",
    "is_associated": false
  },
  "act_meta": {
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    "pub_date": "2024-04-26",
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
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  "decision": {
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    "act_date": "2024-04-18",
    "unanimous": null,
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  },
  "bedrijfsrevisor": null,
  "subject_company": {
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    "name_full": "ARASSE",
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    "is_foreign_registered": false
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2023
02-08-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
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}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR ARASSE
Registration history
  1. 24-01-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative