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ARFA

Active
Private limited companyfounded 2002active for 24 yearsVeldstraat 5, 1040 Etterbeek, BelgiumKBO/BCE: BE 0478.665.702
Summary

ARFA has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,167 and a net result of -€10,261. Equity has been growing by about 5.5% per year since 2018. Its solvency ranks better than 91% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 28-10-2002 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Establishment unit
2.139.775.656 1040 Etterbeek, since 11-06-2003
Financial year end
31 December
Peppol
Reachable since 25-12-2025

Board and ownership

Board

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
-€5,434
Loss
€10,261
Equity
€61,167
▼ 14.4%
Total assets
€72,277
▼ 7.0%
  • 2025 accounts filed 75 days after the deadline
Score breakdownraises riskLast filed accounts filed 75 days late; 3 of the last 3 accounts lateLoss of €10,261 (financial year 2025)lowers riskLiquidity: current ratio 6.21, cash €13,696Equity €61,167 (84.6% of total assets)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 100=
equity 84.6% of total assets
Liquidity 70-9
short-term debt 15.4% · cash 18.9%
Profitability 1-86
return on assets -14.2%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%▲ +0.2 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.9%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 0.9%● unchanged vs 10-2026highest value
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.21 (11.74 in 2024), above the usual 1.5. Short-term debt is 15.4% and cash 18.9% of total assets. 15.4% of the assets are financed with debt and provisions.
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 47, micro). It does better than 92% of them on solvency, 76% on liquidity, 13% on profitability and 23% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 75 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Loss of €10,261 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 6.21, cash €13,696
NBB · annual accounts
lowers risk · Equity €61,167 (84.6% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
75 days late
2024
42 days late
2023
47 days late
2022
28 days late
2021
24 days early
2020
25 days early
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 September (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

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, 2026-00566631.

Annual accounts 2025 filed on 14-10-2026 at the NBB all 23 filings

Turnover
€393,930▲ 32.0%
2019 · €298,408
EBIT margin
-1.1%▼ 4.0pp
2019 · 2.9%
Net result
-€10,261
2024 · €11,543
Working capital
€57,867▼ 13.8%
2024 · €67,128
Multi-year overview
2018 to 2025, 8 financial years
Turnover
no figure
2025
20182025
Operating result
-€8,895
2025
20182025
Net result
-€10,261
2025
lowest quarter of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€61,167
▼ 14.4% 2025
middle half of the sector
20182025
Total assets
€72,277
▼ 7.0% 2025
middle half of the sector
20182025
Debt
€11,110
▲ 77.7% 2025
20182025
Working capital
€57,867
▼ 13.8% 2025
middle half of the sector
20182025
Solvency
84.6%
▼ 7.3pp 2025
highest quarter of the sector
20182025
Current ratio
6.21
▼ 5.53 2025
highest quarter of the sector
20182025
Return on assets (ROA)
-14.2%
▼ 29.1pp 2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€297,783-€298,408▲ 0.2%€393,930▲ 32.0%
Operating result€196-€8,549▲ 44×-€4,519€1,595€109▼ 93.2%€5,916▲ 54×€11,377▲ 92.3%-€8,895
Net result€905-€9,332▲ 931%-€2,877below the sector's middle half€3,294within the sector's middle half€872within the sector's middle half▼ 73.5%€5,884within the sector's middle half▲ 575%€11,543within the sector's middle half▲ 96.2%-€10,261below the sector's middle half
EBIT margin0.1%-2.9%▲ 2.8pp-1.1%▼ 4.0pp
Equity€43,380-€52,712▲ 21.5%€49,835within the sector's middle half▼ 5.5%€53,129within the sector's middle half▲ 6.6%€54,001within the sector's middle half▲ 1.6%€59,885within the sector's middle half▲ 10.9%€71,428within the sector's middle half▲ 19.3%€61,167within the sector's middle half▼ 14.4%
Total assets€43,380-€52,712▲ 21.5%€51,165below the sector's middle half▼ 2.9%€53,223below the sector's middle half▲ 4.0%€55,472below the sector's middle half▲ 4.2%€61,436within the sector's middle half▲ 10.8%€77,680within the sector's middle half▲ 26.4%€72,277within the sector's middle half▼ 7.0%
Debt€1,330€94▼ 92.9%€1,471▲ 16×€1,551▲ 5.4%€6,252▲ 303%€11,110▲ 77.7%
Working capital€42,447within the sector's middle half€45,829within the sector's middle half▲ 8.0%€47,701within the sector's middle half▲ 4.1%€54,585within the sector's middle half▲ 14.4%€67,128within the sector's middle half▲ 23.0%€57,867within the sector's middle half▼ 13.8%
Solvency100.0%-100.0%=97.4%above the sector's middle half▼ 2.6pp99.8%above the sector's middle half▲ 2.4pp97.3%above the sector's middle half▼ 2.5pp97.5%above the sector's middle half▲ 0.1pp92.0%above the sector's middle half▼ 5.5pp84.6%above the sector's middle half▼ 7.3pp
Current ratio32.92above the sector's middle half33.43above the sector's middle half36.19above the sector's middle half▲ 2.7711.74above the sector's middle half▼ 24.466.21above the sector's middle half▼ 5.53
Return on assets (ROA)2.1%-17.7%▲ 15.6pp-5.6%below the sector's middle half▼ 23.3pp6.2%within the sector's middle half▲ 11.8pp1.6%within the sector's middle half▼ 4.6pp9.6%within the sector's middle half▲ 8.0pp14.9%above the sector's middle half▲ 5.3pp-14.2%below the sector's middle half▼ 29.1pp
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). 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 operating result for 2025 is a loss of €8,895, after a profit of €11,377 in 2024. It is the lowest result since 2021.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72,277
Fixed assets €3,300 ▼ 23.3%
Current assets €68,977 ▼ 6.0%
Equity and liabilities €72,277
Equity €61,167 ▼ 14.4%
Debt €11,110 ▲ 77.7%
Debt's share of the balance-sheet total rises from 8.0% to 15.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€7,895▼
2024 · €12,377
Cash flow
-€9,261▼
2024 · €12,543
Quick ratio
5.73▼
2024 · 10.89
Debt to equity
0.18▲
2024 · 0.09
ROE
-16.8%▼
2024 · 16.2%
Interest coverage
-92.88▼
2024 · 77.36
Debt ≤ 1 year
€11,110▲
2024 · €6,252
Income taxes
€2,831▲
2024 · €1,340
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€5,000----
Depreciation and write-downs of the year€5,088€1,000€1,000€1,000€1,000

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€77,680€72,277▼
Fixed assets21/28€4,300€3,300▼
Tangible fixed assets22/27€1,000-
Plant, machinery and equipment23€1,000-
Financial fixed assets28€3,300€3,300=
Current assets29/58€73,380€68,977▼
Stocks and contracts in progress3€5,281€5,281=
Stocks30/36€5,281€5,281=
Amounts receivable within one year40/41€50,000€50,000=
Other amounts receivable41€50,000€50,000=
Cash at bank and in hand54/58€18,099€13,696▼
Equity and liabilities
Total equity and liabilities10/49€77,680€72,277▼
Equity10/15€71,428€61,167▼
Contributions10/11€19,000€19,000=
Reserves13€1,900€1,900=
Distributable reserves133€1,900€1,900=
Profit (loss) carried forward14€50,528€40,267▼
Amounts payable17/49€6,252€11,110▲
Amounts payable within one year42/48€6,252€11,110▲
Trade debts44€6,252€10,760▲
Suppliers440/4€6,252€10,760▲
Taxes, remuneration and social security45-€350
Taxes450/3-€350
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,000€1,000=
Other operating charges640/8€536€2,461▲
Non-recurring operating charges66A€80-
Gross operating margin9900€12,993-€5,434▼
Operating profit (loss)9901€11,377-€8,895▼
Financial income75/76B€1,666€1,550▼
Recurring financial income75€1,666€1,550▼
Financial charges65/66B€160€85▼
Recurring financial charges65€160€85▼
Profit (loss) for the period before taxes9903€12,883-€7,430▼
Income taxes67/77€1,340€2,831▲
Profit (loss) for the period9904€11,543-€10,261▼
Profit (loss) for the period to be appropriated9905€11,543-€10,261▼
Appropriation of the result
Profit (loss) to be appropriated9906€50,528€40,267▼
Profit (loss) brought forward from the previous period14P€38,985€50,528▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 14-10-2026.

Line20182019202020212022202320242025Change
Turnover70€297,783€298,408€393,930------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,138€4,088€4,087€5,088€1,000€1,000€1,000€1,000=
Other operating charges640/8---€1,189€497€1,009€536€2,461▲ 359%
Non-recurring operating charges66A---€141€201-€80--
Gross operating margin9900€6,729€13,145€3,183€8,013€1,807€7,925€12,993-€5,434-
Operating profit (loss)9901€196€8,549-€4,519€1,595€109€5,916€11,377-€8,895-
Financial income75/76B---€1,979€1,730€1,898€1,666€1,550▼ 7.0%
Recurring financial income75€709€782€1,668€1,979€1,730€1,898€1,666€1,550▼ 7.0%
Financial charges65/66B---€280€261€1,540€160€85▼ 46.9%
Recurring financial charges65--€26€280€261€1,540€160€85▼ 46.9%
Profit (loss) for the period before taxes9903€905€9,332-€2,877€3,294€1,578€6,274€12,883-€7,430-
Income taxes67/77----€706€390€1,340€2,831▲ 111%
Profit (loss) for the period9904€905€9,332-€2,877€3,294€872€5,884€11,543-€10,261-
Profit (loss) for the period to be appropriated9905€905€9,332-€2,877€3,294€872€5,884€11,543-€10,261-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€43,380€52,712€51,165€53,223€55,472€61,436€77,680€72,277▼ 7.0%
Fixed assets21/28€15,563€11,475€7,388€7,300€6,300€5,300€4,300€3,300▼ 23.3%
Tangible fixed assets22/27€12,263€8,175€4,088€4,000€3,000€2,000€1,000--
Plant, machinery and equipment23---€4,000-€2,000€1,000--
Furniture and vehicles24----€3,000----
Financial fixed assets28€3,300€3,300€3,300€3,300€3,300€3,300€3,300€3,300=
Current assets29/58€27,817€41,237€43,777€45,923€49,172€56,136€73,380€68,977▼ 6.0%
Stocks and contracts in progress3€23,310€3,723€6,036€4,541€5,281€5,281€5,281€5,281=
Stocks30/36---€4,541€5,281€5,281€5,281€5,281=
Amounts receivable within one year40/41---€6,615--€50,000€50,000=
Other amounts receivable41---€6,615--€50,000€50,000=
Cash at bank and in hand54/58€4,507€37,514€37,741€34,767€43,891€50,855€18,099€13,696▼ 24.3%
Equity and liabilities
Total equity and liabilities10/49€43,380€52,712€51,165€53,223€55,472€61,436€77,680€72,277▼ 7.0%
Equity10/15€43,380€52,712€49,835€53,129€54,001€59,885€71,428€61,167▼ 14.4%
Contributions10/11€19,000€19,000€19,000€19,000€19,000€19,000€19,000€19,000=
Reserves13€1,900€1,900€1,900€1,900€1,900€1,900€1,900€1,900=
Non-distributable reserves130/1---€1,900€1,900€1,900---
Reserves not available under the articles1311---€1,900€1,900€1,900---
Distributable reserves133------€1,900€1,900=
Profit (loss) carried forward14€22,480€31,812€28,935€32,229€33,101€38,985€50,528€40,267▼ 20.3%
Amounts payable17/49--€1,330€94€1,471€1,551€6,252€11,110▲ 77.7%
Amounts payable within one year42/48--€1,330€94€1,471€1,551€6,252€11,110▲ 77.7%
Trade debts44--€1,330---€6,252€10,760▲ 72.1%
Suppliers440/4------€6,252€10,760▲ 72.1%
Taxes, remuneration and social security45---€94€1,471€1,551-€350-
Taxes450/3---€94€1,471€1,551-€350-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€905€9,332-€2,877€3,294€872€5,884€11,543-€10,261-
+ Depreciation and write-downs630€5,138€4,088€4,087€5,088€1,000€1,000€1,000€1,000=
Operating cash flow (approximation)€6,043€13,419€1,210€8,382€1,872€6,884€12,543-€9,261-
Investment in fixed assets (approximation)-€0€0-€5,000€0€0€0€0-
Change in cash-€33,007€227-€2,974€9,124€6,964-€32,756-€4,403▲ 86.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 5,831 companies had the same profile as ARFA has now. Two years later, 84.6% were still going and 1.7% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
84.6% was still going
13.4% stopped otherwise
1.7% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ARFA itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,446 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 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 5,831 companies, not a prediction for ARFA. 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.

Latest 10 of 23 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 14-10-2026 2026-00566631 PDF
31-12-2024 micro format 11-09-2025 2025-00491888 PDF
31-12-2023 micro format 16-09-2024 2024-00463437 PDF
31-12-2022 micro format 28-08-2023 2023-00409625 PDF
31-12-2021 micro format 07-07-2022 2022-20165679 PDF
31-12-2020 micro format 06-07-2021 2021-31500026 PDF
31-12-2019 full format 11-08-2020 2020-40800301 PDF
31-12-2018 micro format 05-08-2019 2019-43900119 PDF
31-12-2017 micro format 10-08-2018 2018-45000559 PDF
31-12-2016 micro format 02-07-2017 2017-26100373 PDF

Show all 23 filings

Board & ownership

Directors

Directors
1 director, last change in 2025
AK Ceylan
Director · appointed in the act of 27-10-2025
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 13-02-2024

Owners and capital

Shareholders

Stated in the act act of 27-10-2025 ↗
Stated in the act act of 01-08-2025 ↗
Stated in the act act of 02-05-2022 ↗
Share transfer act of 02-05-2022 ↗
Stated in the act act of 23-02-2022 ↗
Share transfer act of 23-02-2022 ↗

Capital transactions

Capital over time
  1. 27-10-2025 Capital stated in the deed · 100 shares
  2. 13-02-2024 Converted to unavailable equity · €20,900
  3. 02-05-2022 Capital stated in 2 acts · 100 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
AK Ceylan
  • Director, until 23-02-2022
  • Director, appointed in the act of 02-05-2022, until 22-07-2025
  • Director, appointed in the act of 27-10-2025, still in office
CEKIC Faruk
  • Director, appointed in the act of 23-02-2022, until 13-02-2024
  • Director, appointed in the act of 01-08-2025, until 10-10-2025
See the board, name and registered office on a given date →

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“13, sous réserve de ceux que la loi et les statuts réservent à l'assemblée générale”
“14, l'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Titulaires peuvent prendre connaissance du registre relatif à leurs titres, 9”
“Chaque titulaire peut prendre connaissance du registre relatif à ses titres, 10”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“11, au cas où la société ne compterait plus qu'un actionnaire, celui-ci sera libre de céder tout ou partie de ses actions librement”

Articles of association, deed of 13-02-2024 (in French)

Network & group

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
DOGANCAN FRUITS
via AK Ceylan · Director
former→

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
14-10
NBB filing Annual accounts 2025 filedNBB
micro format · 75 days late
2025
31-12
Financial Weakest financial yearnet -€10,261
The net result drops to -€10,261, the lowest from 2018 to 2025.
27-10
Gazette deed Resignation: CEKIC Faruk (director)
Appointment: AK Ceylan (director) · Shareholding · Capital5 points ▸
  • General meeting, 10-10-2025
  • Director resignation, CEKIC Faruk (director)
  • Director appointment, AK Ceylan (director)
  • AK Ceylan holds 100 shares
  • Capital

Open the act in the Belgian Official Gazette

11-09
NBB filing Annual accounts 2024 filedPDF
micro format · 42 days late
01-08
Gazette deed Resignation: AK Ceylan (director)
Appointment: CEKIC Faruk (director) · Shareholding4 points ▸
  • General meeting, 22-07-2025
  • Director resignation, AK Ceylan (director)
  • Director appointment, CEKIC Faruk (director)
  • CEKIC Faruk holds 100 shares

Open the act in the Belgian Official Gazette

2024
31-12
Financial Highest result from 2018 to 2025net €11,543 ▲96.2%
The operating result of €11,377 and the net result of €11,543 are both a record.
16-09
NBB filing Annual accounts 2023 filedPDF
micro format · 47 days late
13-02
Gazette deed Resignation: CEKIC Faruk (director)
Legal form clause · Capital conversion · Capital9 points ▸
  • General meeting, “conformité des statuts au Code des sociétés et des associations, article 39 § 1 de la loi du 23-03-2019” (deed in French)
  • Legal form clause, “société à responsabilité limitée (en abrégé SRL)” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • General meeting, “distribution”, EUR (deed in French)
  • General meeting, “suppression de l'adjectif « social » ou « sociale » dans l'objet, adopter des statuts complètement nouveaux” (deed in French)
  • Capital
  • Director in office, AK Ceylan (director)
  • Director resignation, CEKIC Faruk (director)
  • Power of attorney, mentioned 2 times in the deed

Open the act in the Belgian Official Gazette

2023
28-08
NBB filing Annual accounts 2022 filedPDF
micro format · 28 days late
2022
07-07
NBB filing Annual accounts 2021 filedPDF
micro format · 24 days before the deadline
02-05
Gazette deed Transfer of 80 shares
Appointment: AK Ceylan (director) · Registered office clause · Shareholding9 points ▸
  • General meeting, 22-04-2022
  • Registered office clause, “RUE DE CHAMPS 5 -1040 BRUXELLES” (deed in French)
  • Other provision, “approval as new associate”, 1 (deed in French)
  • Share transfer, CEKIC Faruk → AK Ceylan
  • Director appointment, AK Ceylan (director)
  • AK Ceylan holds 80 shares
  • CEKIC Faruk holds 10 shares
  • ALLAH Hichame holds 10 shares
  • Capital

Open the act in the Belgian Official Gazette

23-02
Gazette deed Transfer of 90 shares
Resignation: AK Ceylan (director) · Admission: CEKIC Faruk (partner) · Appointment: CEKIC Faruk (director)9 points ▸
  • General meeting, 31-12-2021
  • Director resignation, AK Ceylan (director)
  • Director discharge, AK Ceylan
  • Member admission, CEKIC Faruk (partner)
  • Share transfer, AK Ceylan → CEKIC Faruk
  • Director appointment, CEKIC Faruk (director)
  • CEKIC Faruk holds 90 shares
  • ALLAH Hichame holds 10 shares
  • Capital

Open the act in the Belgian Official Gazette

Show earlier events
2021
31-12
Financial Back to profitnet €3,294
The net result is €3,294, after one loss-making year.
31-12
Financial Liquidity more than 14 timescurrent ratio 488.54
The current ratio rises from 32.92 to 488.54. Short-term debt falls from €1,330 to €94.
06-07
NBB filing Annual accounts 2020 filedPDF
micro format · 25 days before the deadline
2020
11-08
NBB filing Annual accounts 2019 filedPDF
full format · 11 days late
2019
05-08
NBB filing Annual accounts 2018 filedPDF
micro format · 5 days late
2018
10-08
NBB filing Annual accounts 2017 filedPDF
micro format · 10 days late
2017
02-07
NBB filing Annual accounts 2016 filedPDF
micro format · 29 days before the deadline
2002
05-11
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

ARFA was incorporated on 28 October 2002.1 Turnover grew from €297,783 in 2018 to €393,930 in 2020.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2020

Company details

Register details

Identity

KBO record
Name ARFA in French
Enterprise number 0478.665.702
Legal form Private limited company
Status Active, normale toestand
Founded 28-10-2002
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-02-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la Région wallonne par simple décision de…”
deed of 13-02-2024 (in French)

Registered office and establishments

Registered office Veldstraat 5, 1040 Etterbeek, Belgium
Establishment unit Veldstraat 5, 1040 Etterbeek since 11-06-2003 · unit number 2.139.775.656

Activities

NACEBEL 2025
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
Codes under NACEBEL 2008
47112 Retail trade main activity
Codes under NACEBEL 2003
52112 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alimentation générale; Exploitation d’une épicerie; Exploitation de centrales téléphoniques; Internet; Transport de marchandises de plus de…”
23 activities
  1. Alimentation générale
  2. Exploitation d’une épicerie
  3. Exploitation de centrales téléphoniques
  4. Internet
  5. Transport de marchandises de plus de 500 kg national et international
  6. Courrier-expresse
  7. Acquisition, création, aménagement, agencement, installation, achat, vente, location, gestion, gérance, exploitation pour compte propre, pour compte d’autrui, par et avec l’autrui des établissements de type horeca (restaurant, taverne, brasserie, friture, snack, débits de boissons, snack-bar, locaux et salon de consommation, traiteurs)
  8. Fourniture de tout produit et services de quelque nature que ce soit en rapport direct ou indirect avec l’activité mentionnée
  9. Toutes activités de secteur horeca dans le sens le plus large
  10. Achat, vente, distribution, importation, exportation, fabrication, conception, transformation, location, courtage, en gros et en détail, vente sur les marchés et voies publiques ou privés de produits et articles de cadeaux, divers, produits du tabacs, industrie du bois, papier, imprimerie, céramique, industrie verrière et construction
  11. Tous produits d’alimentation générale, volaille, gibier abattu, produits de la boulangerie, pâtisserie, confiserie
  12. Véhicules à moteurs, pièces détachées et accessoires de véhicules à moteur
  13. Tous produits en textiles et en cuirs de vêtements neufs ou usagés pour dames, hommes et enfants
  14. Chaussures pour dames, hommes et enfants
  15. Tous produits de maroquinerie et de cuirs
  16. Produits et matériels de jouets
  17. Produits et matériels neufs ou occasions de construction, transformation et décoration intérieure d’immeubles
  18. Électrique, électronique, informatique, téléphonique, télématique, télécommunication, électroménager, électromécanique, sanitaire, chauffage centrale, faux plafonds, isolation, peinture industrielle, communication, antenne parabolique
  19. Mécanique, robotique, domotique, jouets, imprimeries, articles de cadeaux, porcelaine, verrerie, tapis plain, vinyle, papiers à tapisser, meubles
  20. Tous biens ou marchandises dont le marché n’est pas actuellement réglementé
  21. Actes, transactions ou opérations commerciales, industrielles, financières, mobilières, immobilières
  22. Prestations de services, de conseil, de formation, d’agent de mandataire, d’intermédiaire, de cautionnement, d’aval, de sous-traitance, de fusion, d’acquisition, d’apport en espèces ou en nature, de souscription, d’intervention financière dans les sociétés ou entreprises ayant un objet analogue, connexe, complémentaire ou similaire ou pas au sien
  23. Toutes opérations de nature quelconque à favoriser la réalisation de son objet
deed of 13-02-2024 (in French)

Invoicing and payment

VAT number BE 0478.665.702
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0478665702
Other Peppol ID 9925:BE0478665702
Registered 25-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Recognitions · licences · registrations

Food safety, FASFC

1 site
Etterbeekunit number 2.139.775.656
1 permission
Authorisation · Detailhandel met verwerking · since 01-01-2006

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
123 m²
Building footprint
78 m²
Building volume
995 m³
Cadastral parcel Region Area Buildings Height / floors
21362B0059/00B002 Brussels 123 m² 1 · 78 m² 14.4 m · 4