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, 10,902 companies had the same profile as ARIA has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Micro
10 to 20 years old
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 10,902 companies, not a prediction for ARIA. 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 0208:0817905186
1 director appointed, 2 resignations, 1 reappointment
Resignations: Name hiddenVisible after signing in (statutory director) and Hidden nameVisible after signing in (successor director) · Reappointment: Name after signing inVisible after signing in (statutory director) · Appointment: Name hiddenVisible after signing in (statutory director) · General meeting of 16-01-2024 · Gazette deed
Registered office moved from Desselgem to Sint-Eloois-Vijve
New registered office: Alois Biebuyckstraat 28 bus 1 8793 Sint-Eloois-Vijve · Previous registered office: Gensteweg 1, 8792 Desselgem · Board meeting of 13-12-2021 · Gazette deed
First establishment
Aloise Biebuyckstraat 28-30, Waregem
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ARIA: retail trade (NACE 47260). They are comparable in size and age: total assets between €199,000 and €322,000, founded between 2005 and 2012.
The company number of ARIA is 0817.905.186. The VAT number is the same number with BE in front: BE 0817.905.186.
Where is ARIA based?
The registered office is at Aloise Biebuyckstraat 28, 8793 Waregem.Company details
What does ARIA do?
According to the KBO register, the main activity is retail trade (NACE 47260).
What is the legal form of ARIA?
ARIA is a private limited company (BV).
When was ARIA founded?
ARIA was founded on 18-08-2009.
Is ARIA still active?
Yes, ARIA is an active enterprise in the KBO register.
What is the turnover of ARIA?
The turnover in financial year 2024 is ≈ €270,000. This figure is estimated from the gross margin of €28,420 and 48 comparable companies (NACE 472). It probably lies between €150,000 and €480,000. In financial year 2022 turnover was €845,197.Financials
Is ARIA profitable?
In financial year 2024, ARIA made a profit of €3,074.
Where can I find the annual accounts of ARIA?
ARIA filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.