ARIO COMPANY
InactiveARIO COMPANY was declared bankrupt on 19-04-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 05-09-2023, published in the Belgian State Gazette on 12-09-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
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 31-03-2022, 4 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 · 3 filingsPosition against the passed deadline
31-03-2022 close31-10-2022 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 21-11-2021, 21 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
21 d late
2020
4 d early
2019
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-41k▲ 58.8%
2020 · €-99k
2019: €-170k
2020: €-99k
2019 → 2021
Working capital
€-286k▼ 13.0%
2020 · €-253k
2019: €-152k
2020: €-253k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-60k-€-159k▼ 165%€-200k▼ 25.6%
Operating result€-155k-€-81k▲ 47.7%€-9k▲ 88.6%
Net result€-170k-€-99k▲ 41.7%€-41k▲ 58.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2021 against €81k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €420k
Fixed assets
€342k▼ 13.2%
Current assets
€78k▼ 30.5%
Key figures and ratios
EBITDA
€48k▲
2020 · €-25k
Cash flow
€16k▲
2020 · €-43k
Solvency
-47.5%▼
2020 · -31.4%
Current ratio
0.22▼
2020 · 0.31
Quick ratio
0.07▼
2020 · 0.17
Debt / equity
-1.28▲
2020 · -1.89
ROA
-9.7%▲
2020 · -19.5%
Debt
€620k▼
2020 · €666k
Debt ≤ 1 year
€364k▼
2020 · €366k
Debt > 1 year
€256k▼
2020 · €300k
Income taxes
€814▼
2020 · €832
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€507k€420k▼
Fixed assets21/28€394k€342k▼
Intangible fixed assets21€371k€317k▼
Tangible fixed assets22/27€14k€16k▲
Financial fixed assets28€9k€9k=
Current assets29/58€113k€78k▼
Stocks and contracts in progress3€50k€52k▲
Amounts receivable within one year40/41€35k€6k▼
Cash at bank and in hand54/58€21k€19k▼
Equity and liabilities
Total equity and liabilities10/49€507k€420k▼
Equity10/15€-159k€-200k▼
Contributions10/11€110k-
Profit (loss) carried forward14€-269k€-310k▼
Amounts payable17/49€666k€620k▼
Amounts payable after more than one year17€300k€256k▼
Amounts payable within one year42/48€366k€364k▼
Trade debts44€299k€289k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€57k▲
Gross operating margin9900€229k€330k▲
Operating profit (loss)9901€-81k€-9k▲
Recurring financial income75€121-
Recurring financial charges65€18k€31k▲
Profit (loss) for the period before taxes9903€-98k€-40k▲
Income taxes67/77€832€814▼
Profit (loss) for the period9904€-99k€-41k▲
Profit (loss) for the period to be appropriated9905€-99k€-41k▲
Timeline · acts, filings and financial milestones
2023
12-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · ARIO COMPANY BV MECHELSESTEENWEG 252, 1970 WEZEMBEEK-OPPEM · event 05-09-2023
2022
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ARIO COMPANY BV MECHEL- SESTEENWEG 252, 1970 WEZEMBEEK-OPPEM · event 19-04-2022
2021
21-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 21 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalNBB filing
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
19-04-2022 → present |