The last five annual accounts were filed 19 to 77 days before the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,884 companies had the same profile as AREÔS has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
Medium-sized
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 1,884 companies, not a prediction for AREÔS. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0860136612
Environmental permit granted
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen · Nazareth-De Pinte
Resignation: Hidden nameVisible after signing in (director)
Director discharge: Name after signing inVisible after signing in · General meeting of 17-06-2024 · Gazette deed
Demerger: AREÔS splits off to HERMEIAS
Capital decrease of €160,077.82 to €439,922.18 · Capital from €600,000 to €439,922.18 · HERMEIAS holds all the shares · General meeting of 21-06-2024 · Gazette deed
The company number of AREÔS is 0860.136.612. The VAT number is the same number with BE in front: BE 0860.136.612.
Where is AREÔS based?
The registered office is at Kunstschildersweg 5B, 9840 Nazareth-De Pinte.Company details
What is the legal form of AREÔS?
AREÔS is a public limited company (NV).
When was AREÔS founded?
AREÔS was founded on 19-08-2003.
Is AREÔS still active?
Yes, AREÔS is an active enterprise in the KBO register.
How many employees does AREÔS have?
AREÔS had an average of 1.8 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of AREÔS?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,585 comparable companies of the same size. It probably lies between €1.4m and €3.5m. It is a rough estimate.
Is AREÔS profitable?
In financial year 2025, AREÔS made a profit of €187,372.
Where can I find the annual accounts of AREÔS?
AREÔS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AREÔS due?
AREÔS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline