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ARAYAR

Active
Private limited companyfounded 20241 yr activeMonerikstraat 34, 3511 Hasselt, BelgiumKBO/BCE: BE 1016.021.847
Summary

The computed 12-month bankruptcy probability of ARAYAR is 2.0% (moderate). The 2025 annual accounts show equity of €333 and a net result of -€4,667. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability18
Solvency25
Growth-
Track record67
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.99; short-term debt: 99.9% and cash: 0.8% of total assets), and 99.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
0.1%
Return on assets
-1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 November 2024, ARAYAR was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€333
Total assets
€485,414
Net result
-€4,667
Working capital
-€4,597

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €483,334
Fixed assets €2,850
Current assets €480,484
Equity and liabilities €485,414
Equity €333
Debt €485,081
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€726
Cash flow
-€3,407
Current ratio
0.99
Quick ratio
0.05
ROA
-1.0%
Interest coverage
-0.39
Debt ≤ 1 year
€485,081
Income taxes
€820
Equity ratios withheld: equity of €333 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€485,414
Formation expenses20€2,080
Fixed assets21/28€2,850
Financial fixed assets28€2,850
Current assets29/58€480,484
Stocks and contracts in progress3€455,132
Stocks30/36€455,132
Amounts receivable within one year40/41€20,000
Trade receivables40€20,000
Cash at bank and in hand54/58€4,089
Deferred charges and accrued income490/1€1,263
Equity and liabilities
Total equity and liabilities10/49€485,414
Equity10/15€333
Contributions10/11€5,000
Profit (loss) carried forward14-€4,667
Amounts payable17/49€485,081
Amounts payable within one year42/48€485,081
Financial debts43€201,400
Credit institutions430/8€201,400
Trade debts44€11,336
Suppliers440/4€11,336
Taxes, remuneration and social security45€820
Taxes450/3€820
Other amounts payable47/48€271,525
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,260
Other operating charges640/8€2,297
Gross operating margin9900€1,571
Operating profit (loss)9901-€1,986
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,861
Recurring financial charges65€1,861
Profit (loss) for the period before taxes9903-€3,848
Income taxes67/77€820
Profit (loss) for the period9904-€4,667
Profit (loss) for the period to be appropriated9905-€4,667
Appropriation of the result
Profit (loss) to be appropriated9906-€4,667

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,260
Other operating charges640/8€2,297
Gross operating margin9900€1,571
Operating profit (loss)9901-€1,986
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,861
Recurring financial charges65€1,861
Profit (loss) for the period before taxes9903-€3,848
Income taxes67/77€820
Profit (loss) for the period9904-€4,667
Profit (loss) for the period to be appropriated9905-€4,667
Line2025
Assets
Total assets20/58€485,414
Formation expenses20€2,080
Fixed assets21/28€2,850
Financial fixed assets28€2,850
Current assets29/58€480,484
Stocks and contracts in progress3€455,132
Stocks30/36€455,132
Amounts receivable within one year40/41€20,000
Trade receivables40€20,000
Cash at bank and in hand54/58€4,089
Deferred charges and accrued income490/1€1,263
Equity and liabilities
Total equity and liabilities10/49€485,414
Equity10/15€333
Contributions10/11€5,000
Profit (loss) carried forward14-€4,667
Amounts payable17/49€485,081
Amounts payable within one year42/48€485,081
Financial debts43€201,400
Credit institutions430/8€201,400
Trade debts44€11,336
Suppliers440/4€11,336
Taxes, remuneration and social security45€820
Taxes450/3€820
Other amounts payable47/48€271,525
Line2025
Profit (loss) for the period9904-€4,667
+ Depreciation and write-downs630€1,260
Operating cash flow (approximation)-€3,407

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Hasselt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,500 m²
Building footprint
122 m²
Volume, LiDAR
933 m³
Parcel 71032B0342/00P000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ARAYAR
Monerikstraat 34, 3511 HasseltReal estate development
since 20242.366.153.662
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71032B0342/00P000 Flanders 1,500 m² 1 · 122 m² 10.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-11-2024
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.