AREGO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €60k and a net result of €994k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 1471 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1471 sector peers (2025).
NBB · sector comparisonPosition among 1471 sector peers
Solvency
better than 10%
← 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 20-08-2026, 20 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
20 d late
2024
13 d early
2023
65 d late
2022
30 d late
2021
30 d early
2020
36 d early
2019
35 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€60k▼ 90.9%
2024 · €657k
2018: €591k
2019: €617k
2020: €662k
2021: €769k
2022: €851k
2023: €1.09M
2024: €657k
2018 → 2025
Net result
€994k▲ 19.6%
2024 · €831k
2018: €384k
2019: €236k
2020: €279k
2021: €340k
2022: €316k
2023: €290k
2024: €831k
2018 → 2025
Total assets
€1.98M▲ 19.8%
2024 · €1.65M
2018: €2.19M
2019: €2.32M
2020: €1.85M
2021: €1.70M
2022: €1.61M
2023: €1.43M
2024: €1.65M
2018 → 2025
Solvency
3.0%▼ 36.7pp
2024 · 39.7%
2018: 26.9%
2019: 26.6%
2020: 35.7%
2021: 45.1%
2022: 53.0%
2023: 76.1%
2024: 39.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€769k-€851k▲ 10.7%€1.09M▲ 28.2%€657k▼ 39.8%€60k▼ 90.9%
Operating result€393k-€390k▼ 0.8%€353k▼ 9.5%€1.08M▲ 206%€1.29M▲ 19.7%
Net result€340k-€316k▼ 7.1%€290k▼ 8.2%€831k▲ 186%€994k▲ 19.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€71k▲ 124%
Current assets
€1.91M▲ 17.8%
Equity and liabilities €1.98M
Equity
€60k▼ 90.9%
Debt
€1.92M▲ 92.8%
The debt ratio rises from 60.3% to 97.0%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
3.0%▼
2024 · 39.7%
ROA
50.2%▼
2024 · 50.3%
Debt
€1.92M▲
2024 · €996k
Debt ≤ 1 year
€1.92M▲
2024 · €996k
Income taxes
€284k▲
2024 · €268k
Staff costs
€839k▲
2024 · €810k
A ratio outside any meaningful range has been withheld (balance sheet total €1.98M, equity €60k).
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€1.65M€1.98M▲
Fixed assets21/28€32k€71k▲
Intangible fixed assets21€8k€6k▼
Tangible fixed assets22/27€24k€65k▲
Plant, machinery and equipment23€18k€18k▲
Furniture and vehicles24€6k€47k▲
Current assets29/58€1.62M€1.91M▲
Amounts receivable within one year40/41€328k€543k▲
Trade receivables40€308k€456k▲
Other amounts receivable41€20k€87k▲
Current investments50/53€759k€364k▼
Cash at bank and in hand54/58€515k€974k▲
Deferred charges and accrued income490/1€19k€27k▲
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.98M▲
Equity10/15€657k€60k▼
Contributions10/11€60k€60k=
Reserves13€597k€0▼
Distributable reserves133€597k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€996k€1.92M▲
Amounts payable within one year42/48€996k€1.92M▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€62k€80k▲
Suppliers440/4€62k€80k▲
Taxes, remuneration and social security45€133k€250k▲
Taxes450/3€2k€26k▲
Remuneration and social security454/9€130k€224k▲
Other amounts payable47/48€801k€1.59M▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€810k€839k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€9k▼
Other operating charges640/8€19k€11k▼
Gross operating margin9900€1.98M€2.15M▲
Operating profit (loss)9901€1.08M€1.29M▲
Financial income75/76B€16k€9k▼
Recurring financial income75€16k€9k▼
Financial charges65/66B€-3k€23k▲
Recurring financial charges65€-3k€23k▲
Profit (loss) for the period before taxes9903€1.10M€1.28M▲
Income taxes67/77€268k€284k▲
Profit (loss) for the period9904€831k€994k▲
Profit (loss) for the period to be appropriated9905€831k€994k▲
Appropriation of the result
Profit (loss) to be appropriated9906€831k€994k▲
Transfer from equity791/2€465k€597k▲
Transfer to equity691/2€31k€0▼
To other reserves6921€31k€0▼
Profit to be distributed694/7€1.27M€1.59M▲
Return on contributions (dividend)694€1.22M€1.43M▲
Directors or managers695€50k€160k▲
Social balance
Average headcount (FTE)908711.312.1▲
The notes to these accounts (10 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
31-12
Financial
Highest result since 2018net €994k ▲19.6%
Operating result €1.29M, net result €994k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.12
Current ratio from 1.96 to 4.12; short-term debt falls from €681k to €327k.
31-12
Financial
Equity above €1MEq €1.09M ▲28.2%
6 profitable years in a row build equity to €1.09M.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €236k ▼38.5%
Net result drops to €236k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-12-2023
Anete: Resigned as Director
19-12-2023
Hubert Fransen: Resigned as Director
02-06-2020
Hubert Fransen: Resigned as Director
Location & real-estate footprint
Registered office, Pelt · 2 establishment units since 2014
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.
De Koel 103900 PeltGround area
1.1 ha
Building footprint
4,267 m²
Volume, LiDAR
1 m³
2 parcels, Flanders · tallest building 0.3 m. Linked by address, not a title deed.
2 establishment units
AREGO
since 20142.226.300.943
AREGO
since 20152.241.741.363
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72029A1330/00A000 | Flanders | 1.0 ha | 1 · 4,207 m² | - |
| 72030D0392/00N000 | Flanders | 668 m² | 1 · 59 m² | 0.3 m |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 3,773 EUR awarded · 3,773 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,471 EUR | 2,471 EUR |
| 2022 | 1 | 1,302 EUR | 1,302 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,682 companies in sector 66220 we hold annual accounts for 3,227. 2,411 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2014
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.