AREL
The computed 12-month bankruptcy probability of AREL is 2.7% (moderate). The 2024 annual accounts show equity of €761k and a net result of €324k. Equity is growing by ~78.4% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €761k |
| Net result | €324k |
| Active | 5 yrs |
| Board | 1 |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €844 |
| Net profit | €324k |
| Cash flow | €326k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.56M |
| Equity | €761k |
| Debt | €1.80M |
| of which ≤ 1y | €269k |
| of which > 1y | €1.53M |
| Working capital | €121k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.45 |
| Quick ratio | 1.45 |
| Working capital ratio | 4.7% |
| Solvency | 29.7% |
| Debt / equity | 2.36 |
| Long-term debt ratio | 2.01 |
| Interest coverage | 0.15 |
| Gross margin | - |
| Net margin | - |
| ROA | 12.7% |
| ROE | 42.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.56M |
| Fixed assets | 21/28 | €2.17M |
| Tangible fixed assets | 22/27 | €701k |
| Financial fixed assets | 28 | €1.47M |
| Current assets | 29/58 | €390k |
| Cash & bank | 54/58 | €384k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.56M |
| Equity | 10/15 | €761k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €751k |
| Amounts payable | 17/49 | €1.80M |
| Amounts payable after one year | 17 | €1.53M |
| Amounts payable within one year | 42/48 | €269k |
| Income statement | ||
| Gross operating margin | 9900 | €3k |
| Operating result | 9901 | €-789 |
| Financial income | 75 | €331k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €324k |
| Net result for the period | 9904 | €324k |
| Result to be appropriated | 9905 | €324k |
-
Current27-08-2025 → present
Former directors (2)
-
Former- → 27-08-2025
-
Former- → 27-08-2025
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-2020 |
| Status | Active |
| Postal code | 4920 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61026A1010/00E006 | Wallonia | 1,183 m² | 1 · 406 m² | 3.8 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-12-2025 1 director appointed, 2 resigning
- Thibault Renson, Bestuurder
- Orhan Arel, Bestuurder
- Naci Arel, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Orhan Arel",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-27",
"evidence_quote": "L\u0027actionnaire unique prend acte de la d\u00E9mission de Orhan Arel et de Naci Arel de leurs fonctions d\u0027administrateur de la soci\u00E9t\u00E9, \u00E0 compter 27 ao\u00FBt 2025."
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Naci Arel",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-27",
"evidence_quote": "L\u0027actionnaire unique prend acte de la d\u00E9mission de Orhan Arel et de Naci Arel de leurs fonctions d\u0027administrateur de la soci\u00E9t\u00E9, \u00E0 compter 27 ao\u00FBt 2025."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Thibault Renson",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "1018650151",
"name": "SRL PORTINO",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-08-27",
"evidence_quote": "En cons\u00E9quence, l\u0027associ\u00E9 unique d\u00E9cide de nommer la personne suivante en qualit\u00E9 d\u0027administrateur pour une dur\u00E9e ind\u00E9termin\u00E9e, \u00E0 compter du 27 ao\u00FBt 2025: SRL PORTINO, ayant son si\u00E8ge social \u00E0 8620 Nieuport, Emile Verhaerenlaan 40, num\u00E9ro d\u0027entreprise 1018.650.151 (RPR Gand, division Furnes), repr\u00E9s"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.485.542",
"name_full": "AREL",
"legal_form": "SRL"
}
}14-06-2023 Registered office moved from Lizge to Harzé
- rue Hubert Désamoré 9, 4020 Lizge → rue Bénister 8, 4920 Harzé
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Harz\u00E9",
"region": null,
"street": "rue B\u00E9nister",
"country": "BE",
"postcode": "4920",
"box_number": null,
"street_number": "8"
},
"old_address": {
"city": "Lizge",
"region": null,
"street": "rue Hubert D\u00E9samor\u00E9",
"country": "BE",
"postcode": "4020",
"box_number": "32",
"street_number": "9"
},
"effective_date": "2023-05-15",
"evidence_quote": "L\u0027assembl\u00E9e, valablement constitu\u00E9e par la pr\u00E9sence de tous les actionnaires, d\u00E9cide de transf\u00E9rer, \u00E0 dater de ce jour le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante: rue B\u00E9nister, 8 4920 Harz\u00E9"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.485.542",
"name_full": "AREL",
"legal_form": "SRL"
}
}28-12-2020 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4020 Li\u00E8ge, Rue Hubert-D\u00E9samor\u00E9 9 bte 32",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1982-09-22",
"name": "Naci AREL",
"niss": null,
"address": "4020 Li\u00E8ge, Rue Hubert-D\u00E9samor\u00E9 9/0032"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5100,
"holder_person_name": "Naci AREL",
"is_subscriber_only": false,
"n_shares_subscribed": 51,
"amount_subscribed_eur": 5100,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1979-06-13",
"name": "Orhan AREL",
"niss": null,
"address": "4102 Seraing (Ougr\u00E9e), Rue des Fleurs 35"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 4900,
"holder_person_name": "Orhan AREL",
"is_subscriber_only": false,
"n_shares_subscribed": 49,
"amount_subscribed_eur": 4900,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0760.485.542",
"name_full": "AREL",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2020-12-23",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | AREL |