Active BE 0787.786.983Private limited company

ARI SAN MANAGEMENT

Kokerijstraat 64 ·9310 Aalst, Belgium· 4 yrs active

Sector: Productie van elektriciteit uit niet-hernieuwbare bronnen (35110)

Conclusion Checked

The computed 12-month bankruptcy probability of ARI SAN MANAGEMENT is 0.8% (low). The 2024 annual accounts show equity of €128k and a net result of €48k. Its solvency ranks better than 35% of 81 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€128k
Net result	€48k
Better than sector	35%
Active	4 yrs

Financial profile 5 of 5 axes measured · computed by Checked

75 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 73

Profitability 100

Solvency 54

Growth 52

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.8% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

73 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 12-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 35 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	22.8%	49.2%	better than 35% of 81 sector peers
Net result	€48k	€4k	better than 81% of 81 sector peers
Equity	€128k	€48k	better than 65% of 81 sector peers
Gross operating margin	€135k	€19k	better than 85% of 81 sector peers
Total assets	€562k	€167k	better than 74% of 81 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€135k

-26.4% 23-24

Net profit

€48k

-38.3% 23-24

Cash flow

€105k

-22.1% 23-24

Total assets

€562k

-20.8% 23-24

Equity

€128k

+59.4% 23-24

Working capital

€173k

-38.7% 23-24

Income taxes

€18k

-39.2% 23-24

Debt

€434k

-31.1% 23-24

Show 9 other metrics

Debt ≤ 1y

€48k

+61.3% 23-24

Debt > 1y

€380k

-34.5% 23-24

Current ratio

4.60

-56.1% 23-24

Quick ratio

4.60

-56.1% 23-24

Solvency

22.8%

+101.3% 23-24

Debt / equity

3.39

-56.7% 23-24

ROE

37.3%

-61.3% 23-24

ROA

8.5%

-22.1% 23-24

Interest coverage

10.88

+16.2% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€135k
Net profit	€48k
Cash flow	€105k
Staff costs	-
Income taxes	€18k
Dividends	-
Total assets	€562k
Equity	€128k
Debt	€434k
of which ≤ 1y	€48k
of which > 1y	€380k
Working capital	€173k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	4.60
Quick ratio	4.60
Working capital ratio	30.7%
Solvency	22.8%
Debt / equity	3.39
Long-term debt ratio	2.97
Interest coverage	10.88
Gross margin	-
Net margin	-
ROA	8.5%
ROE	37.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €341k · 60.7% Current assets €221k · 39.3%

Equity & liabilities

Equity €128k · 22.8% Debt €434k · 77.2%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€562k
Fixed assets	21/28	€341k
Tangible fixed assets	22/27	€341k
Current assets	29/58	€221k
Investments	50/53	€10k
Cash & bank	54/58	€211k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€562k
Equity	10/15	€128k
Contributions / capital	10/11	€3k
Reserves	13	€125k
Amounts payable	17/49	€434k
Amounts payable after one year	17	€380k
Amounts payable within one year	42/48	€48k
Trade debts payable within one year	44	€641
Income statement
Gross operating margin	9900	€135k
Operating result	9901	€78k
Financial charges	65	€12k
Result before taxes	9903	€66k
Income taxes	67/77	€18k
Net result for the period	9904	€48k
Result to be appropriated	9905	€48k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Productie van elektriciteit uit niet-hernieuwbare bronnen(35110)
Legal form	Private limited company(610)
Incorporation	29-06-2022
Status	Active
Postal code	9310

Establishment units 1 location

ARI SAN MANAGEMENT

Kokerijstraat 64, 9310 AalstProductie van elektriciteit uit niet-hernieuwbare bronnen

since 20222.333.109.722

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41039D0128/00E000	Flanders	3,278 m²	1 · 239 m²	0.0 m

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

12-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

24-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Productie van elektriciteit uit niet-hernieuwbare bronnen35110Handel in elektriciteit35150

Primary activity highlighted.

Names & trade names

Legal nameNL

ARI SAN MANAGEMENT

Registered office

Kokerijstraat 64

9310 Aalst, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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