Turnover
The micro format states no turnover.
The micro format states no turnover.
Latest accounts filed late: after the legal deadline.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 64% of them on solvency, 74% on liquidity, 82% on profitability and 94% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 26,972 companies had the same profile as ARESTOR has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ARESTOR itself is lower: 0.2% within 12 months. It rests on far more data about ARESTOR than the profile alone.
The method was tested on the 497,447 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 26,972 companies, not a prediction for ARESTOR. 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.
Liquidity is ample, with a current ratio of 3.44 (2.89 in 2024), above the usual 1.5. Short-term debt is 29.1% and cash 82.3% of total assets. 29.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 120 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ARESTOR Ixelles | €103,587 | €53,806 | 70.9% | - |
| LAYERS TECH Ixelles | €96,613 | €47,163 | 47.2% | - |
| Lixolea Ixelles | €121,609 | €60,574 | 37.4% | - |
| VALUE DRIVE Woluwe-Saint-Pierre | €101,805 | €47,942 | 69.3% | - |
| FABIVER Schaerbeek | €114,493 | €58,800 | 9.3% | - |
| BMA IT Consult Woluwe-Saint-Pierre | €119,504 | €45,384 | 60.3% | - |
| ETYS IT consulting Uccle | €115,876 | €44,240 | 58.6% | - |
These companies have the same main activity as ARESTOR: computer programming (NACE 62100). They are comparable in size and age: total assets between €96,600 and €122,000, founded between 2019 and 2020.
ARESTOR files the micro format. That format states no turnover. The gross margin rose from €51,360 in 2020 to €53,806 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €100,000 and €160,000.
Higher than 63% of 21,208 companies in 2025.
Higher than 63% of 20,571 companies in 2025.
Higher than 78% of 20,746 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
103,587 | 40,977 | 56,470 | 65,171 | 88,398 | 58,785 | |
21/28 |
- | - | - | - | 413 | 826 | |
22/27 |
- | - | - | - | 413 | 826 | |
23 |
- | - | - | - | 413 | 826 | |
29/58 |
103,587 | 40,977 | 56,470 | 65,171 | 87,985 | 57,959 | |
40/41 |
18,315 | 2 | 9,995 | - | 9,872 | 22,940 | |
40 |
11,253 | - | 9,995 | - | 9,872 | 22,940 | |
41 |
7,062 | 2 | - | - | - | - | |
54/58 |
85,272 | 40,975 | 46,475 | 65,171 | 78,101 | 35,019 | |
490/1 |
- | - | - | - | 12 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
103,587 | 40,977 | 56,470 | 65,171 | 88,398 | 58,785 | |
10/15 |
73,492 | 26,779 | 34,899 | 42,746 | 53,540 | 34,901 | |
10/11 |
1 | 1 | 1 | 1 | 1 | 1 | |
10 |
- | - | - | 1 | 1 | - | |
100 |
- | - | - | 1 | 1 | 1 | |
13 |
52,950 | 52,950 | 52,950 | 52,950 | 52,950 | 34,516 | |
133 |
52,950 | 52,950 | 52,950 | 52,950 | 52,950 | 34,516 | |
14 |
20,541 | -26,172 | -18,052 | -10,205 | 589 | 384 | |
17/49 |
30,095 | 14,198 | 21,571 | 22,425 | 34,858 | 23,884 | |
42/48 |
30,095 | 14,198 | 21,571 | 22,425 | 34,858 | 23,884 | |
44 |
40 | - | 9,867 | 17,164 | - | 2,552 | |
440/4 |
40 | - | 9,867 | 17,164 | - | 2,552 | |
45 |
18,174 | 2,819 | 8,367 | 2,730 | 32,327 | 19,116 | |
450/3 |
18,174 | 2,819 | 8,367 | 2,730 | 32,327 | 19,116 | |
47/48 |
11,881 | 11,379 | 3,337 | 2,531 | 2,531 | 2,216 | |
| Income statement | |||||||
9900 |
53,806 | 6,065 | 27,218 | -15,352 | 27,865 | 51,360 | |
630 |
- | - | - | 413 | 413 | 413 | |
640/8 |
400 | 387 | 24,976 | 2,911 | 1,766 | 1,804 | |
9901 |
53,407 | 5,678 | 2,242 | -18,676 | 25,686 | 49,143 | |
75/76B |
0 | - | - | - | - | 1 | |
75 |
0 | - | - | - | - | 1 | |
65/66B |
101 | 52 | 46 | 43 | 2 | - | |
65 |
101 | 52 | 46 | 31 | 2 | - | |
66B |
- | - | - | 12 | - | - | |
9903 |
53,306 | 5,626 | 2,196 | -18,719 | 25,684 | 49,144 | |
67/77 |
11,277 | 6,000 | 10,043 | -7,925 | 7,045 | 14,244 | |
9904 |
42,029 | -374 | -7,847 | -10,794 | 18,639 | 34,900 | |
9905 |
42,029 | -374 | -7,847 | -10,794 | 18,639 | 34,900 | |
| Appropriation of the result | |||||||
9906 |
20,541 | -26,172 | -18,052 | -10,205 | 19,023 | 34,900 | |
14P |
-21,489 | -25,798 | -10,205 | 589 | 384 | - | |
691/2 |
- | - | - | - | - | 34,516 | |
6921 |
- | - | - | - | - | 34,516 | |
694/7 |
- | - | - | - | 18,434 | - | |
694 |
- | - | - | - | 18,434 | - | |
| Document | |||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-10-2026.
2025 annual accounts filed 75 days after the deadline. Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00559317.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-10-2026 | 2026-00559317 | |
| 31-12-2024 | micro format | 14-10-2025 | 2025-00542984 | |
| 31-12-2023 | micro format | 14-10-2025 | 2025-00541789 | |
| 31-12-2022 | micro format | 21-09-2023 | 2023-00456070 | |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20180628 | |
| 31-12-2020 | micro format | 04-11-2021 | 2021-76500211 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| - | - | - | -18,263 | 26,099 | 49,556 | ||
| - | - | - | -10,381 | 19,052 | 35,313 | ||
| - | - | - | 0 | 0 | 1,239 | ||
| 44,297 | -5,500 | -18,696 | -12,930 | 43,082 | - | ||
| 73,492 | 26,779 | 34,899 | 42,746 | 53,127 | 34,075 | ||
| 70.9% | 65.4% | 61.8% | 65.6% | 60.6% | 59.4% | ||
| 3.44 | 2.89 | 2.62 | 2.91 | 2.52 | 2.43 | ||
| 0.41 | 0.53 | 0.62 | 0.52 | 0.65 | 0.68 | ||
| 57.2% | -1.4% | -22.5% | -25.3% | 34.8% | 100.0% | ||
| 40.6% | -0.9% | -13.9% | -16.6% | 21.1% | 59.4% | ||
| - | - | - | -589.13 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is 9.4 times that of 2024 and the highest since 2020. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 34.6% to 29.1%. Equity and debt are higher.
ARESTOR has no parent and no holdings in its annual accounts. SAÏTAS Michail Georgios is the only director. ARESTOR shares no director with another company.
| Association des copropriétaires "La cuve" ayant son siège à 1050 Ixelles, rue de la Cuve 10
registered office since 13-01-2026 |
founded in 2026 1033.624.575 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 3 January 2020, ARESTOR was incorporated as a private limited company by one natural person, with a starting capital of €1.12 In 2026 the registered office moved to Ixelles.3 SAÏTAS Michail Georgios is director of the company, appointed by deed of 07-01-2020.2 Total assets went from €58,785 in 2020 to €103,587 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Kuipstraat 10 registered office 1050 Ixelles | 03-01-2020 | 2.297.420.155 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21443C0093/00E000 | 85 m² | 1 · 65 m² | 16.4 m · 5 |
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