ARETHE
The computed 12-month bankruptcy probability of ARETHE is 1.5% (low). The 2025 annual accounts show equity of €122k and a net result of €7k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 54 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €122k |
| Net result | €7k |
| Better than sector | 95% |
| Active | 3 yrs |
Strong profile, led by solvency.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 97.3% | 48.3% | |
| Net result | €7k | €24k | |
| Equity | €122k | €45k | |
| Gross operating margin | €12k | €49k | |
| Total assets | €125k | €150k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €12k |
| Net profit | €7k |
| Cash flow | €9k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €125k |
| Equity | €122k |
| Debt | €3k |
| of which ≤ 1y | €3k |
| of which > 1y | - |
| Working capital | €119k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 36.43 |
| Quick ratio | 36.43 |
| Working capital ratio | 95.0% |
| Solvency | 97.3% |
| Debt / equity | 0.03 |
| Long-term debt ratio | - |
| Interest coverage | 103.61 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.3% |
| ROE | 5.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €125k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €122k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €104k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €125k |
| Equity | 10/15 | €122k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €117k |
| Amounts payable | 17/49 | €3k |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €978 |
| Income statement | ||
| Gross operating margin | 9900 | €12k |
| Operating result | 9901 | €9k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €114 |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
| NACE primary | 72109 |
| Legal form | Private limited company(610) |
| Incorporation | 12-09-2022 |
| Status | Active |
| Postal code | 1050 |
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. |
|---|---|---|---|---|
| 21444B0199/00W027 | Brussels | 440 m² | 1 · 150 m² | 22.2 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-03-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Maxime van der STRATEN WAILLET",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-04",
"filing_date": "2024-02-29",
"act_kind_objet": "OBJET"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-02-08",
"unanimous": true
},
"agm_change": null,
"detected_kind": "single_shareholder_declaration",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0790.711.534",
"name_full": "ARETHE",
"legal_form": "SRL"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Maxime van der STRATEN WAILLET",
"org_rep_person_name": null
},
"co_filed_documents": [
"exp\u00E9dition de l\u2019acte du 8 f\u00E9vrier 2024",
"rapport de l\u2019organe d\u2019administration exposant la justification d\u00E9taill\u00E9e de la modification propos\u00E9e \u00E0 l\u2019objet social conform\u00E9ment \u00E0 l\u2019article 5.101 du Code des Soci\u00E9t\u00E9s et des Associations"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": {
"art_csa": null,
"effective_date": "2024-02-08",
"shareholder_kbo": "0790.711.534",
"shareholder_name": "ARETHE"
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ARETHE |