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AROS-PROJECT

Active
Private limited companyfounded 2024active for 2 yearsPutsesteenweg 258, 2820 Bonheiden, BelgiumKBO/BCE: BE 1011.744.246
Summary

The computed 12-month bankruptcy probability of AROS-PROJECT is 2.2% (moderate). The 2025 annual accounts show equity of €21,031 and a net result of €17,031. Its solvency ranks better than 41% of 34,590 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€53,799total assets 2025
Equity
€21,031
Profit
€17,031
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts filed 2 days late
Why 54raises riskFounded in 20241 change of registered office in 24 monthsSize: total assets €53,799lowers riskLiquidity: current ratio 1.64, cash €15,273Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 61% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 64
equity 39.1% of total assets
Liquidity 54
short-term debt 60.9% · cash 28.4%
Profitability 100
return on assets 31.7%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 08-2025: 1.9%lowest value 09-2025: 1.9%● unchanged vs 08-2025lowest value 10-2025: 2.0%▲ +0.1 percentage points vs 09-2025 11-2025: 2.3%▲ +0.3 percentage points vs 10-2025 12-2025: 2.4%▲ +0.1 percentage points vs 11-2025 01-2026: 2.7%▲ +0.3 percentage points vs 12-2025 02-2026: 3.0%▲ +0.3 percentage points vs 01-2026 03-2026: 3.1%▲ +0.1 percentage points vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 5.3%▲ +2.2 percentage points vs 04-2026 06-2026: 5.6%▲ +0.3 percentage points vs 05-2026 07-2026: 5.8%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 5.8%● unchanged vs 07-2026highest value 09-2026: 5.8%● unchanged vs 08-2026highest value 10-2026: 2.2%▼ -3.6 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.64, above the usual 1.5; short-term debt: 60.9% and cash: 28.4% of total assets), but 60.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 42% on solvency, 49% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.64, cash €15,273
NBB · annual accounts
raises risk · Size: total assets €53,799
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 1 filing
Deviation from the deadline
2025
2 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2025 · micro…
  3. IncorporationAppointment: AAROUS Noureddine (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (2 days) Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00031015.

Equity
€21,031
Total assets
€53,799
Net result
€17,031
Working capital
€21,031

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €53,799
Equity €21,031
Debt €32,768
Debt finances 60.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€32,210
Cash flow
€25,689
Current ratio
1.64
Debt to equity
1.56
ROE
81.0%
ROA
31.7%
Interest coverage
over 100
Debt ≤ 1 year
€32,768
Income taxes
€6,468

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€53,799
Current assets29/58€53,799
Amounts receivable within one year40/41€36,840
Trade receivables40€28,837
Other amounts receivable41€8,003
Cash at bank and in hand54/58€15,273
Deferred charges and accrued income490/1€1,686
Equity and liabilities
Total equity and liabilities10/49€53,799
Equity10/15€21,031
Contributions10/11€4,000
Reserves13€17,031
Distributable reserves133€17,031
Amounts payable17/49€32,768
Amounts payable within one year42/48€32,768
Trade debts44€1,262
Suppliers440/4€1,262
Taxes, remuneration and social security45€6,539
Taxes450/3€6,539
Other amounts payable47/48€24,967
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,658
Other operating charges640/8€213
Gross operating margin9900€32,423
Operating profit (loss)9901€23,552
Financial charges65/66B€53
Recurring financial charges65€53
Profit (loss) for the period before taxes9903€23,499
Income taxes67/77€6,468
Profit (loss) for the period9904€17,031
Profit (loss) for the period to be appropriated9905€17,031
Appropriation of the result
Profit (loss) to be appropriated9906€17,031
Transfer to equity691/2€17,031
To other reserves6921€17,031

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,658
Other operating charges640/8€213
Gross operating margin9900€32,423
Operating profit (loss)9901€23,552
Financial charges65/66B€53
Recurring financial charges65€53
Profit (loss) for the period before taxes9903€23,499
Income taxes67/77€6,468
Profit (loss) for the period9904€17,031
Profit (loss) for the period to be appropriated9905€17,031
Line2025
Assets
Total assets20/58€53,799
Current assets29/58€53,799
Amounts receivable within one year40/41€36,840
Trade receivables40€28,837
Other amounts receivable41€8,003
Cash at bank and in hand54/58€15,273
Deferred charges and accrued income490/1€1,686
Equity and liabilities
Total equity and liabilities10/49€53,799
Equity10/15€21,031
Contributions10/11€4,000
Reserves13€17,031
Distributable reserves133€17,031
Amounts payable17/49€32,768
Amounts payable within one year42/48€32,768
Trade debts44€1,262
Suppliers440/4€1,262
Taxes, remuneration and social security45€6,539
Taxes450/3€6,539
Other amounts payable47/48€24,967
Line2025
Profit (loss) for the period9904€17,031
+ Depreciation and write-downs630€8,658
Operating cash flow (approximation)€25,689

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 02-02-2026 2026-00031015

Similar companies · same sector, comparable size

Of the 22,637 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,450. 7,417 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
AAROUS Noureddine
Director · since 22-07-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
AAROUS Noureddine
  • Director, from 22-07-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 22-07-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 22-07-2024 Incorporation · €4,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 18 July 2024, AROS-PROJECT was incorporated as a private limited company by one natural person, with a starting capital of €4,000.12 In 2026 the registered office moved to Bonheiden.3 AAROUS Noureddine has served as director of the company since 2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-07-2024
  3. 3Belgian Official Gazette, 10-04-2026

Acts, filings and financial milestones

2026
10-04
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 02-12-2025
  • Registered-office move, Putsesteenweg 258,2820 Bonheiden
02-02
NBB filing Annual accounts filed
financial year 2025 · micro format · 2 days late
2024
22-07
Gazette deed Incorporation
Appointment: AAROUS Noureddine (director) · Founder · Founding capital11 facts ▸
  • Incorporation, “AROS-PROJECT” (deed in Dutch)
  • Founder, AAROUS Noureddine
  • Founding capital, €4,000
  • Bank account, “vennootschap in oprichting, storting inbrengen” (deed in Dutch)
  • Other provision, “vaststelling statuten, luiden als volgt” (deed in Dutch)
  • Other provision, “uitwerking beslissingen, neerlegging ter griffie van uitgifte van oprichtingsakte” (deed in Dutch)
  • Registered office clause, “2800 Mechelen, Pennepoelstraat 24” (deed in Dutch)
  • Board rule, 1
  • Director appointment, AAROUS Noureddine (director)
  • Other provision, “persoonlijk of via tussenpersoon onderneming uitbaten of functie bestuurder,commissaris of zaakvoerder uitoefenen, geen bestuursverbod” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded18-07-2024
Financial year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43230Insulation installation
43240Other construction installation
64210Activities of holding companies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011744246
Also 9925:BE1011744246
Registered 11-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 22 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1011.744.246

Recognitions · licences · registrations

Recognised contractor

2 categories
AROS-PROJECT BVapproval no. 44135
  • C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
  • P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
decision 10-09-2024

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Bonheiden · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
985 m²
Building footprint
100 m²
Building volume
502 m³
Parcel 12005A0102/00R004, Flanders · tallest building 7.8 m. Linked by address, not a title deed.
1 establishment unit
Aros-Project
Putsesteenweg 258, 2820 BonheidenGeneral electrical installation work
since 2024unit no. 2.362.061.846
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12005A0102/00R004 Flanders 985 m² 1 · 100 m² 7.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het bouwen van civieltechnische werken voor elektriciteit en telecommunicatie; Het aanleggen van leidingen voor het vervoer en distributie…” (deed in Dutch)
42 activities (deed in Dutch)
  1. Het bouwen van civieltechnische werken voor elektriciteit en telecommunicatie
  2. Het aanleggen van leidingen voor het vervoer en distributie van elektrische energie
  3. Het aanleggen van telecommunicatielijnen en -netten
  4. Het uitvoeren van elektrotechnische installatiewerken aan gebouwen
  5. Het installeren van elektrische bedrading en toebehoren
  6. Het installeren van de bedrading voor telefooninstallaties en computersystemen
  7. Het installeren van bewakingssystemen en alarminstallaties tegen diefstal
  8. Het uitvoeren van elektrotechnische installatiewerken,andere dan aan gebouwen
  9. Het bouwen van koelkamers,kluizen,enz.
  10. Het uitvoeren van activiteiten met betrekking tot installateur-frigorist in de ruimste zin
  11. De isolatie van koelkamers en -pakhuizen
  12. De installatie van lichtreclames en uithangborden
  13. Het installeren van liften en roltrappen
  14. Het installeren van antennes en bliksemafleiders
  15. De installatie van hulpvoedingssystemen (generatoraggregaten)
  16. De installatie van zonnepanelen en warmtepompen
  17. Overige installaties (inclusief accessoires),n.e.g.
  18. Overige werkzaamheden in verband met de afwerking van gebouwen,n.e.g.
  19. Het zagen en schaven van hout
  20. Het zagen,schaven en machinaal bewerken van hout
  21. De oppervlaktebehandeling van metalen
  22. Het afbramen,zandstralen,trommelpolijsten en reinigen van metaal
  23. Isolatiewerkzaamheden in de ruimste zin
  24. Het aanbrengen in gebouwen en andere bouwwerken van thermisch isolatiemateriaal,isolatiemateriaal tegen geluid en trillingen
  25. Schrijnwerk in de ruimste zin
  26. Het plaatsen van tussenwanden en gipsplaten
  27. De bouw van daken
  28. Het plaatsen van dakbedekking van ongeacht welk materiaal
  29. Het plaatsen van dakgoten en regenafvoerbuizen
  30. Het waterdicht maken van muren,daken en terrassen
  31. Het behandelen van muren met vochtwerende en waterafstotende producten
  32. Gevelreiniging door middel van zandstralen,met behulp van stoom,enz.
  33. Handelsbemiddeling in hout en bouwmaterialen
  34. Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.
  35. Overige zakelijke dienstverlening
  36. Het beheer van vennootschappen,het uitoefenen van een bestuursmandaat of mandaat van vereffenaar in andere ondernemingen;het vervullen van interim -opdrachten;het deelnemen aan het toezicht op ondernemingen
  37. Het voeren en uitvoeren van administraties
  38. Het professioneel lanceren,adviseren,beheren,coördineren,coachen,onderhouden,ondersteunen of promoten van projecten en projectmatige activiteiten
  39. Handelsbemiddeling in de ruimste zin van het woord
  40. Managementactiviteiten
  41. Het verlenen van adviezen en hulp aan het bedrijfsleven,de overheid en privé-personen op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.
  42. Handel in eigen onroerend goed

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
AROS-PROJECT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…” (deed in Dutch)

deed of 22-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
“Behalve deze die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden aan hem toegekend,met mogelijkheid deel te…” (deed in Dutch)

deed of 22-07-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)

deed of 22-07-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Tuesday of December at 10:00

deed of 22-07-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

deed of 22-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Bestemming winst, algemene vergadering” (deed in Dutch)
2 more provisions in the deed, see the deed of 22-07-2024

deed of 22-07-2024