AREA
ActiveSummary
AREA has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of -€6,090. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, abbreviated format
Equity
€2.7m▼ 0.2%
2024 · €2.7m
Total assets
€6.4m=
2024 · €6.4m
Net result
-€6,090▼ 4.5%
2024 · -€5,825
Working capital
-€3.6m▼ 0.1%
2024 · -€3.6m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €2,149 in 2025 against €2,104 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.002m
2025
Net result-€0.006m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€6.4m
2025
Equity€2.7m
2025
Debt€3.7m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€3.6m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m--€0.002m▲ 15.6%-€0.002m▼ 27.3%-€0.003m▼ 26.7%-€0.002m▲ 48.5%-€0.004m▼ 124%-€0.002m▲ 41.7%-€0.002m▼ 2.1%
Net result-€0.01m--€0.006m▲ 57.4%-€0.006m▼ 8.2%-€0.007m▼ 10.2%-€0.006m▲ 21.2%€1.2m-€0.006m-€0.006m▼ 4.5%
Equity€1.5m-€1.5m▼ 0.4%€1.5m▼ 0.4%€1.5m▼ 0.5%€1.5m▼ 0.4%€2.7m▲ 82.1%€2.7m▼ 0.2%€2.7m▼ 0.2%
Total assets€6.4m-€6.4m=€6.4m▼ 0.1%€6.4m=€6.4m=€6.4m▼ 0.1%€6.4m=€6.4m=
Debt€4.9m-€4.9m▲ 0.1%€4.9m▲ 0.1%€4.9m▲ 0.1%€4.9m▲ 0.1%€3.7m▼ 25.0%€3.7m▲ 0.1%€3.7m▲ 0.2%
Working capital-€4.9m--€4.9m=-€4.9m▼ 0.1%-€4.9m▼ 0.1%-€4.9m=-€3.6m▲ 25.3%-€3.6m▼ 0.1%-€3.6m▼ 0.1%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.4m
Fixed assets
€6.4m =
Current assets
€451 ▲ 159%
Equity and liabilities €6.4m
Equity
€2.7m ▼ 0.2%
Debt
€3.7m ▲ 0.2%
Debt's share of the balance-sheet total rises from 57.6% to 57.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.00▲
2024 · 0.00
Debt to equity
1.36▲
2024 · 1.36
ROE
-0.2%▼
2024 · -0.2%
ROA
-0.1%▼
2024 · -0.1%
Debt ≤ 1 year
€3.6m▲
2024 · €3.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 1.4% |
| Gross operating margin9900 | -€0.001m | -€0.001m | -€0.001m | -€0.002m | -€0.001m | -€0.003m | -€0.001m | -€0.001m | ▼ 6.3% |
| Operating profit (loss)9901 | -€0.002m | -€0.002m | -€0.002m | -€0.003m | -€0.002m | -€0.004m | -€0.002m | -€0.002m | ▼ 2.1% |
| Financial income75/76B | - | - | - | - | - | €1.2m | - | - | - |
| Recurring financial income75 | - | - | - | - | - | €1.2m | - | - | - |
| Financial charges65/66B | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | ▲ 5.9% |
| Recurring financial charges65 | €0.01m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | ▲ 5.9% |
| Profit (loss) for the period before taxes9903 | -€0.01m | -€0.006m | -€0.006m | -€0.007m | -€0.006m | €1.2m | -€0.006m | -€0.006m | ▼ 4.5% |
| Profit (loss) for the period9904 | -€0.01m | -€0.006m | -€0.006m | -€0.007m | -€0.006m | €1.2m | -€0.006m | -€0.006m | ▼ 4.5% |
| Profit (loss) for the period to be appropriated9905 | -€0.01m | -€0.006m | -€0.006m | -€0.007m | -€0.006m | €1.2m | -€0.006m | -€0.006m | ▼ 4.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | = |
| Fixed assets21/28 | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | = |
| Financial fixed assets28 | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | = |
| Current assets29/58 | €0.02m | €0.01m | €0.01m | €0.007m | €0.006m | €0.002m | €174 | €451 | ▲ 159% |
| Amounts receivable within one year40/41 | €0.001m | €0.001m | €0.001m | €394 | €238 | €170 | - | - | - |
| Trade receivables40 | - | - | - | - | €110 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €394 | €128 | €170 | - | - | - |
| Cash at bank and in hand54/58 | €0.01m | €0.01m | €0.01m | €0.007m | €0.005m | €0.002m | €174 | €451 | ▲ 159% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | €6.4m | = |
| Equity10/15 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €2.7m | €2.7m | €2.7m | ▼ 0.2% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | €1.5m | €1.5m | €1.4m | €1.4m | €1.4m | €2.7m | €2.7m | €2.7m | ▼ 0.2% |
| Amounts payable17/49 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | €3.7m | €3.7m | €3.7m | ▲ 0.2% |
| Amounts payable within one year42/48 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | €3.6m | €3.6m | €3.6m | ▲ 0.1% |
| Trade debts44 | €17 | €0.001m | €30 | - | - | - | - | €30 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €30 | - |
| Other amounts payable47/48 | - | - | - | €4.9m | €4.9m | €3.6m | €3.6m | €3.6m | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.05m | €0.06m | €0.06m | €0.07m | ▲ 6.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.01m | -€0.006m | -€0.006m | -€0.007m | -€0.006m | €1.2m | -€0.006m | -€0.006m | ▼ 4.5% |
| Operating cash flow (approximation) | -€0.01m | -€0.006m | -€0.006m | -€0.007m | -€0.006m | €1.2m | -€0.006m | -€0.006m | ▼ 4.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€0.001m | -€0.003m | -€0.003m | -€0.002m | -€0.004m | -€0.002m | €277 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 46 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-05-2026 | 2026-00119790 |
| 31-12-2024 | abbreviated format | 16-06-2025 | 2025-00140923 |
| 31-12-2023 | abbreviated format | 21-05-2024 | 2024-00091207 |
| 31-12-2022 | abbreviated format | 22-05-2023 | 2023-00090744 |
| 31-12-2021 | abbreviated format | 09-06-2022 | 2022-20056081 |
| 31-12-2020 | abbreviated format | 25-05-2021 | 2021-15200032 |
| 31-12-2019 | abbreviated format | 12-06-2020 | 2020-17000086 |
| 31-12-2018 | micro format | 10-07-2019 | 2019-31300325 |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-41600038 |
| 31-12-2016 | abbreviated format | 19-07-2017 | 2017-34000573 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.