ARAX
ActiveARAX has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €-11k. Equity is shrinking by ~31% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 21% of 2503 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
22
/ 100
Critical▼ -54 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency15▼-21
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.02 against 1.24 in 2024), and 94.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-11.5%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2503 sector peers (2025).
NBB · sector comparisonPosition among 2503 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
11 d late
2022
17 d late
2021
25 d late
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 67.5%
2024 · €16k
2018: €54k
2019: €48k
2020: €45k
2021: €30k
2022: €13k
2023: €9k
2024: €16k
2018 → 2025
Total assets
€96k▲ 30.6%
2024 · €74k
2018: €60k
2019: €59k
2020: €53k
2021: €46k
2022: €41k
2023: €46k
2024: €74k
2018 → 2025
Net result
€-11k
2024 · €7k
2018: €-39
2019: €-6k
2020: €-2k
2021: €-16k
2022: €-17k
2023: €-4k
2024: €7k
2018 → 2025
Working capital
€2k▼ 87.2%
2024 · €14k
2018: €46k
2019: €29k
2020: €29k
2021: €16k
2022: €5k
2023: €5k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€13k▼ 55.9%€9k▼ 31.5%€16k▲ 82.6%€5k▼ 67.5%
Operating result€-15k-€-16k▼ 7.0%€-4k▲ 75.2%€7k€-11k
Net result€-16k-€-17k▼ 6.5%€-4k▲ 75.1%€7k€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€4k▲ 35.5%
Current assets
€92k▲ 30.4%
Equity and liabilities €96k
Equity
€5k▼ 67.5%
Debt
€91k▲ 58.6%
The debt ratio rises from 77.8% to 94.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-10k▼
2024 · €8k
Cash flow
€-10k▼
2024 · €8k
Solvency
5.5%▼
2024 · 22.2%
Current ratio
1.02▼
2024 · 1.24
Quick ratio
0.97▼
2024 · 1.20
Debt / equity
17.07▲
2024 · 3.50
ROE
-207.9%▼
2024 · 45.2%
ROA
-11.5%▼
2024 · 10.1%
Interest coverage
-225.71▼
2024 · 166.34
Debt
€91k▲
2024 · €57k
Debt ≤ 1 year
€91k▲
2024 · €57k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€74k€96k▲
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€4k▲
Furniture and vehicles24-€2k
Other tangible fixed assets26€3k€2k▼
Current assets29/58€71k€92k▲
Stocks and contracts in progress3€2k€5k▲
Stocks30/36€2k€5k▲
Amounts receivable within one year40/41€45k€41k▼
Trade receivables40€43k€38k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€23k€45k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€74k€96k▲
Equity10/15€16k€5k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-4k€-15k▼
Amounts payable17/49€57k€91k▲
Amounts payable within one year42/48€57k€91k▲
Trade debts44€672€1k▲
Suppliers440/4€672€1k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€53k€86k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€948€899▼
Other operating charges640/8€106€352▲
Gross operating margin9900€9k€-10k▼
Operating profit (loss)9901€7k€-11k▼
Financial charges65/66B€51€45▼
Recurring financial charges65€51€45▼
Profit (loss) for the period before taxes9903€7k€-11k▼
Profit (loss) for the period9904€7k€-11k▼
Profit (loss) for the period to be appropriated9905€7k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-15k▼
Profit (loss) brought forward from the previous period14P€-11k€-4k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 6 loss-making years.
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 11 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 105 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Brussel · 1 establishment unit since 2009
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.
Inquisitiestraat 221000 BrusselGround area
204 m²
Building footprint
206 m²
Volume, LiDAR
1,667 m³
Parcel 21806F0025/00R003, Brussels · tallest building 17.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Inquisitiestraat 22, 1000 Brussel
since 20092.178.595.155
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0025/00R003 | Brussels | 204 m² | 1 · 206 m² | 17.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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B.V PARE-BRISE
BE 1005.246.236
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GARAGE LAMY
BE 0689.825.101
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Of 7,341 companies in sector 95311 we hold annual accounts for 2,939. 840 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-03-2009
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.