ARIFA
InactiveARIFA was declared bankrupt on 18-03-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 21-10-2025, published in the Belgian State Gazette on 07-11-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
24 d late
2020
17 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€245k▼ 5.1%
2019 · €258k
2019: €258k
2019 → 2020
EBIT margin
2.6%▲ 1.8pp
2019 · 0.7%
2019: 0.7%
2019 → 2020
Net result
€867▼ 68.1%
2021 · €3k
2019: €2k
2020: €6k
2021: €3k
2019 → 2022
Working capital
€28k▼ 13.3%
2021 · €33k
2019: €20k
2020: €27k
2021: €33k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Turnover€258k-€245k▼ 5.1%
Equity€20k-€27k▲ 29.7%€29k▲ 10.2%€30k▲ 3.0%
Operating result€2k-€6k▲ 232%€5k▼ 20.3%€4k▼ 28.9%
Net result€2k-€6k▲ 227%€3k▼ 55.4%€867▼ 68.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 29% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €63k
Fixed assets
€20k▼ 31.5%
Current assets
€43k▲ 2.9%
Equity and liabilities €63k
Equity
€30k▲ 3.0%
Debt
€33k▼ 21.0%
The debt ratio falls from 58.5% to 52.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2021 · €12k
Cash flow
€10k▼
2021 · €10k
Solvency
48.0%▲
2021 · 41.5%
Current ratio
2.94▼
2021 · 4.60
Quick ratio
0.95▲
2021 · 0.86
Debt / equity
1.08▼
2021 · 1.41
ROE
2.9%▼
2021 · 9.3%
ROA
1.4%▼
2021 · 3.8%
Interest coverage
4.70▼
2021 · 5.51
Debt
€33k▼
2021 · €41k
Debt ≤ 1 year
€15k▲
2021 · €9k
Debt > 1 year
€18k▼
2021 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€71k€63k▼
Fixed assets21/28€29k€20k▼
Tangible fixed assets22/27€29k€20k▼
Furniture and vehicles24€29k€20k▼
Current assets29/58€42k€43k▲
Stocks and contracts in progress3€34k€29k▼
Stocks30/36€34k€29k▼
Amounts receivable within one year40/41€5k€1k▼
Other amounts receivable41€5k€1k▼
Cash at bank and in hand54/58€3k€13k▲
Equity and liabilities
Total equity and liabilities10/49€71k€63k▼
Equity10/15€29k€30k▲
Contributions10/11€19k€19k=
Reserves13€93€93=
Non-distributable reserves130/1€93€93=
Reserves not available under the articles1311€93€93=
Profit (loss) carried forward14€11k€11k▲
Amounts payable17/49€41k€33k▼
Amounts payable after more than one year17€32k€18k▼
Financial debts170/4€32k€18k▼
Amounts payable within one year42/48€9k€15k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€98€98=
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€5k€646▼
Income statement
Code20212022
Remuneration, social security and pensions62€10k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Gross operating margin9900€23k€13k▼
Operating profit (loss)9901€5k€4k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€3k€867▼
Profit (loss) for the period9904€3k€867▼
Profit (loss) for the period to be appropriated9905€3k€867▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€11k▲
Profit (loss) brought forward from the previous period14P€8k€11k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL ARIFA RUE BROGNIEZ 33, 1070 ANDERLECHT. déclarée le 2 décembre 2024 · event 21-10-2025
15-04
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · ARIFA BV BROGNIEZSTRAAT 33, 1070 ANDER- LECHT · event 08-04-2025
24-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ARIFA BV BROGNIEZ- STRAAT 33, 1070 ANDERLECHT · event 18-03-2025
2024
09-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL ARIFA RUE BROGNIEZ 33, 1070 ANDERLECHT · event 02-12-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €867 ▼68.1%
Net result drops to €867, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.60
Current ratio from 1.73 to 4.60; short-term debt falls from €36k to €9k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Highest result since 2019net €6k ▲227%
Operating result €6k, net result €6k, both a record.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
18-03-2025 → present |
| Curator | FRANCOISE HANSSENS-ENSCH AVENUE LOUISE 349
BTE 17, 1050 FR BRUXELLES 5 |
02-12-2024 → present |