AREGON
ActiveSummary
AREGON has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,857 and a net result of -€1,687. Equity has been shrinking by about 12% per year since 2023. Its solvency ranks better than 85% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-06-2023 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 5 others
- Establishment unit
- 2.349.454.519 5300 Andenne, since 01-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 25-08-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €862
- ▼ 34.6%
- Turnover
- ≈ €4,000
- estimated
- Loss
- €1,687
- ▲ 2.0%
- Equity
- €11,857
- ▼ 12.5%
- Total assets
- €13,739
- ▼ 45.4%
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 6.74, cash €4,716, halvedSize: total assets €13,739Equity €11,857 (86.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 84% on liquidity, 10% on profitability and 27% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 4 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 20-06-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 41% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €1,235 | - |
| Depreciation and write-downs of the year | - | €57 | €124 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as AREGON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €12,300 and €17,300, founded between 2022 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| AREGON Andenne | 2023 | €13,739 | €11,857 | €862 | -€1,687 | 2025 |
| R&W INVEST Sambreville | 2023 | €13,184 | €12,208 | -€8,388 | -€9,876 | 2025 |
| ETHEL DRUART RAY Namur | 2022 | €13,523 | -€11,586 | -€6,604 | -€9,605 | 2025 |
| APEIROGONE Mettet | 2024 | €12,326 | €7,749 | -€99 | -€112 | 2025 |
| BLUE SISTA Eghezée | 2023 | €17,339 | €17,005 | -€3,972 | -€2,584 | 2025 |
| Sellinit Ranst | 2023 | €14,172 | -€19,368 | -€11,826 | -€12,947 | 2025 |
| HARLINGTON-STRAKER FINANCIAL ADVISORS Rixensart | 2023 | €13,753 | -€36,874 | -€29,601 | -€33,560 | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 3,223 companies had the same profile as AREGON has now. Two years later, 3.4% had gone bankrupt and 87.8% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AREGON itself is lower: 0.1% within 12 months. It rests on far more data about AREGON than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for AREGON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €57 | €124 | ▲ 118% |
| Other operating charges640/8 | €80 | €176 | €102 | ▼ 42.1% |
| Gross operating margin9900 | €20,459 | €1,317 | €862 | ▼ 34.6% |
| Operating profit (loss)9901 | €20,379 | €1,084 | €636 | ▼ 41.3% |
| Financial income75/76B | - | €0 | €33 | ▲ 81× |
| Recurring financial income75 | - | €0 | €33 | ▲ 81× |
| Financial charges65/66B | €1,466 | €2,610 | €2,214 | ▼ 15.2% |
| Recurring financial charges65 | €1,466 | €2,610 | €2,214 | ▼ 15.2% |
| Profit (loss) for the period before taxes9903 | €18,914 | -€1,526 | -€1,546 | ▼ 1.3% |
| Income taxes67/77 | €5,316 | €128 | €141 | ▲ 10.1% |
| Profit (loss) for the period9904 | €13,597 | -€1,654 | -€1,687 | ▼ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €13,597 | -€1,654 | -€1,687 | ▼ 2.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €24,988 | €25,173 | €13,739 | ▼ 45.4% |
| Fixed assets21/28 | - | €1,179 | €1,055 | ▼ 10.5% |
| Tangible fixed assets22/27 | - | €1,179 | €1,055 | ▼ 10.5% |
| Other tangible fixed assets26 | - | €1,179 | €1,055 | ▼ 10.5% |
| Current assets29/58 | €24,988 | €23,995 | €12,684 | ▼ 47.1% |
| Amounts receivable within one year40/41 | €14,734 | €6,633 | €5,466 | ▼ 17.6% |
| Trade receivables40 | €2,450 | €4,151 | €3,028 | ▼ 27.1% |
| Other amounts receivable41 | €12,284 | €2,482 | €2,438 | ▼ 1.8% |
| Cash at bank and in hand54/58 | €8,988 | €16,294 | €4,716 | ▼ 71.1% |
| Deferred charges and accrued income490/1 | €1,266 | €1,068 | €2,502 | ▲ 134% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €24,988 | €25,173 | €13,739 | ▼ 45.4% |
| Equity10/15 | €15,197 | €13,543 | €11,857 | ▼ 12.5% |
| Contributions10/11 | €1,600 | €1,600 | €1,600 | = |
| Reserves13 | €12,500 | €12,500 | €12,500 | = |
| Distributable reserves133 | €12,500 | €12,500 | €12,500 | = |
| Profit (loss) carried forward14 | €1,097 | -€557 | -€2,243 | ▼ 303% |
| Amounts payable17/49 | €9,790 | €11,630 | €1,882 | ▼ 83.8% |
| Amounts payable within one year42/48 | €9,790 | €11,630 | €1,882 | ▼ 83.8% |
| Trade debts44 | €3,021 | €10,990 | €721 | ▼ 93.4% |
| Suppliers440/4 | €3,021 | €10,990 | €721 | ▼ 93.4% |
| Taxes, remuneration and social security45 | €6,769 | €641 | €1,161 | ▲ 81.2% |
| Taxes450/3 | €6,769 | €641 | €1,161 | ▲ 81.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,597 | -€1,654 | -€1,687 | ▼ 2.0% |
| + Depreciation and write-downs630 | - | €57 | €124 | ▲ 118% |
| Operating cash flow (approximation) | €13,597 | -€1,597 | -€1,563 | ▲ 2.1% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €7,306 | -€11,578 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- Louis Nicolas Jean Marie 100 shares (100%) · €1,600 in cash
Capital transactions
- 03-07-2023 Incorporation · €1,600 · 100 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs, nullité”
Articles of association, deed of 03-07-2023 (in French)
Network & group
Companies at the same address
2 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
03-07
Gazette deed
IncorporationStarting capital €1,600 · Appointment: Louis Nicolas Jean Marie (director) · Founder13 points ▸
- Founder, Louis Nicolas Jean Marie (comparant)
- Incorporation, 29-06-2023
- Founding capital, €1,600
- Other provision, “plan financier et capitaux propres de départ, responsabilité des fondateurs en cas de faillite dans les trois ans de la constitution si capitaux propres manifes…” (deed in French)
- Declaration, “avertissements légaux préalables à la constitution, reconnait que le notaire a attiré son attention” (deed in French)
- Share issue, “apports, disponibles” (deed in French)
- Other provision, “faillite, jusqu'à ce jour” (deed in French)
- Other provision, “autorisations et licences préalables, notaire a attiré attention que société pourrait devoir se procurer autorisations requises par réglementations en vigueur d…” (deed in French)
- General meeting, “unanimité, assemblée générale des actionnaires” (deed in French)
- Registered office clause, “5300 Andenne, rue Poilsart 44B” (deed in French)
- Board rule, 1
- Director appointment, Louis Nicolas Jean Marie (director)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
20 activities
- De contribuer à l’établissement et au développement d’entreprises et réaliser toute représentation de société au sein du milieu de la construction et tout démarchage approprié
- De dispenser des avis financiers, techniques, commerciaux ou administratifs dans le sens le plus large du terme, à l’exception des conseils de placement d’argent et autres, fournir son assistance et exécuter des services directement ou indirectement sur le plan de l’administration et des finances, de la vente, de la production et de la gestion en général, fournir toutes prestations de service
- Exécuter tous mandats sous forme d’études d’organisations, d’expertises, d’actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet social
- D’exécuter tous mandats d’administrateurs, de Président du Conseil d’Administration, d’administrateur-délégué ou de gérant et en général, tous mandats et fonctions se rapportant directement ou indirectement à son objet, ainsi que la prise de participation, directe ou indirecte, dans le capital de toute personne morale belge ou étrangère, existante ou à créer, de quelque manière que ce soit, notamment par voie d’apport, de fusion, de souscription et de commandite
- L’achat et la vente, l’importation ou l’exportation, le commissionnement, le courtage et la représentation de tous biens généralement quelconques, en bref l’intermédiaire commercial
- La recherche, le développement, la production ou la commercialisation de nouveaux produits, de nouvelles technologies et leur application, ainsi que l’acquisition, la gestion et l’exploitation de tous droits intellectuels, brevets et licences
- La contribution à la constitution de sociétés par voie d’apports, de participation ou d’investissements généralement quelconques
- L’attribution de prêts et d’ouvertures de crédit aux sociétés et aux particuliers sous quelque forme que ce soit, réaliser toutes opérations commerciales et financières, à l’exception de celles légalement réservées aux banques de dépôt, détenteurs de dépôts à court terme, caisses d’épargne, sociétés hypothécaires et entreprises de capitalisation
- L’organisation de toutes formations, séminaires, conférences, trainings à l’attention de toutes entreprises ou collectivités ou particuliers, tous travaux d’auditing et de coaching, études, contrôles, surveillance, expertises, missions ou assistances en matière financière, administrative, fiscale, sociale et juridique ainsi que dans le domaine de la création, l’organisation, l’exploitation et le fonctionnement des entreprises au point de vue financier, administrative, commercial, technique ou autres
- L’organisation de cours particuliers à domicile, de cours en groupes, de formations, de conférences et d’autres services pour aider toute personne faisant appel à ses services à atteindre ses objectifs
- D’effectuer toutes prestations de services dans ce sens
- Au sens le plus large du terme, de réaliser tous travaux d’entreprise générale de construction et/ou la coordination de sous-entreprises en matière de terrassements, maçonnerie, de toiture, d'électricité, de menuiserie, de plafonnage, de vitrerie, de carrelage/faïences et de mosaïque, d'étanchéité et de revêtement de constructions et tous travaux de démolition, ainsi que toute activité en relation directe ou indirecte avec la construction, reconstruction, rénovation et la restauration de tous bâtiments, ainsi que les aménagements de jardin et d’abords au sens le plus large du terme (voiries, parking, piscine, abris, terrains de jeux, terrains de sports, et caetera)
- L’achat, la vente, l’importation et l’exportation, la transformation de métaux ferreux et non-ferreux, d’autres produits de récupération, de déchets industriels et de matériel de réemploi, la manutention et le transport de ces matériaux, avec faculté d’effectuer tous travaux de démolition et exploiter un container service
- En matière immobilière au sens le plus large du terme, l’achat, la vente, la location, la gestion, l’expertise, la modification, la transformation, le lotissement ou équivalent et, d’une façon générale, toutes transactions (acquisition avec ou sans démembrement, droit de superficie, renonciation à accession, emphytéose) et promotions immobilières généralement quelconques (terrains, bâtiments existants, bâtiments neufs, et caetera), ainsi que les activités de conseil, d’étude, de consultance, d’expertise et de courtage en matière immobilière
- Au sens le plus large du terme, effectuer toutes études, transactions et promotions relatives à des fonds de commerce ou à des droits immobiliers, quelle que soit la nature de ceux-ci
- Au sens le plus large du terme, la construction, l'acquisition, la division, l’exploitation, la concession de baux, la valorisation, la cession, la rénovation, le courtage, la négociation et la transformation de biens immeubles
- Au sens le plus large du terme, l'achat, la vente, l’échange, la mise à disposition, la location, la sous-location, la gestion, l'entretien, la construction, l'aménagement et la rénovation de tout bien immobilier (terrains, bâtiments existants, bâtiments neufs, et caetera) ou de droits immobiliers, le lotissement, la promotion de tout objet immobilier et, d'une manière générale, toutes activité en matières immobilière ou de conception, de construction et de promotion
- Le commerce sous toutes ses formes et notamment l’importation, l’exploitation, l’achat et la vente, en gros ou au détail, la distribution, la représentation et le courtage, ainsi que la fabrication, la transformation et le transport de toutes marchandises
- Toute entreprise agricole, de parcs et jardins, de foresterie
- Toute entreprise de vide-maisons
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92411B0002/00P010 | Wallonia | 1,524 m² | 1 · 107 m² | - |