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ARY-TECH

Active
Private limited company·Bouwrijp maken van terreinen· 3 yrs active
Sterrestraat 281 ·9160 Lokeren, Belgium
Open bankruptcy
KBO/BCE: BE 0790.364.215
Watch Print / PDF
Age3 yrs
Staff (FTE)0.6
Real estate2 parcels · 1,620 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for ARY-TECH according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €2k and a net result of €-380.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
24-04-2026
Bankruptcy Opening
Date: 14-04-2026 · Ondernemingsrechtbank Brussel · ARY-TECH BV STERRE- STRAAT 281 W002, 9160 LOKEREN · Publications in State Gazette ↗

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9100 sector peers (2023).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2023 31-07-2024 05-11-2024 97 d late 2024-00530278

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-380
Working capital€-7k
Directors1

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 05-11-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 2.5% 38.7%
better than 10% of 9100 sector peers
Net result €-380 €12k
better than 19% of 9085 sector peers
Equity €2k €30k
better than 10% of 9106 sector peers
Gross operating margin €42k €33k
better than 57% of 9074 sector peers
Staff costs €27k €26k
higher than 51% of 3340 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2023
Depositmicro
Revenue-
EBITDA€13k
Net profit€-380
Cash flow€8k
Staff costs€27k
Income taxes€3k
Dividends-
Total assets€65k
Equity€2k
Debt€63k
of which ≤ 1y€44k
of which > 1y€20k
Working capital€-7k
Employees (FTE)0.6
Ratios (computed)
2023
Current ratio0.85
Quick ratio0.85
Working capital ratio-10.3%
Solvency2.5%
Debt / equity39.13
Long-term debt ratio12.27
Interest coverage7.39
Gross margin-
Net margin-
ROA-0.6%
ROE-23.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€65k
Fixed assets 21/28€28k
Formation expenses 20€0
Tangible fixed assets 22/27€28k
Current assets 29/58€37k
Amounts receivable within one year 40/41€32k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€65k
Equity 10/15€2k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€-380
Amounts payable 17/49€63k
Amounts payable after one year 17€20k
Amounts payable within one year 42/48€44k
Trade debts payable within one year 44€19k
Income statement
Gross operating margin 9900€42k
Operating result 9901€4k
Financial income 75€151
Financial charges 65€2k
Result before taxes 9903€2k
Income taxes 67/77€3k
Net result for the period 9904€-380
Result to be appropriated 9905€-380
Ratios computed by Checked.

Health barometer

FY 2023 · computed
0 / 100 Critical
050100
Computed from 4 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 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

1 director
Former directors (1)
  • Rabia Karaca
    Director
    State Gazette act 24056145 (05-04-2024)
    Former
    01-01-2024 → 31-07-2024
    2 events
    • 31-07-2024 Resigned· Director
    • 01-01-2024 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator STEFFI VANHULLE
GROTE BAAN 68, 9120 BEVEREN- KRUIBEKE-ZWIJNDRECHT
 14-04-2026 → present Belgian State Gazette

Legal Structure

NACE primary Bouwrijp maken van terreinen(43120)
Legal form Private limited company(610)
Incorporation02-09-2022
StatusActive
Postal code9160
First BS signal 24-04-2026
Latest BS signal 24-04-2026

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Sterrestraat 2819160 Lokeren

Establishment units

1 location
ARY-TECH
Wetstraat 62, 1040 BrusselBouw van autowegen en andere wegen
since 20222.335.853.931
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,620 m²
Buildings2
Building footprint723 m²
Volume (LiDAR)14,831 m³
Tallest building30.9 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21805E0116/00L002 Brussels 1,194 m² 1 · 560 m² 30.9 m · 9 fl.
46384C1192/00Z000 Flanders 426 m² 1 · 163 m² -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
24-04-2026
Bankruptcy Opening
Date: 14-04-2026 · Ondernemingsrechtbank Brussel · ARY-TECH BV STERRE- STRAAT 281 W002, 9160 LOKEREN · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-04-24 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

2 acts
All acts · 2 updated 1 year ago
2024
26-11-2024 Rabia Karaca resigns as director Director changes
  • Rabia Karaca, Bestuurder
05-04-2024 Rabia Karaca appointed as director Director changes
  • Rabia Karaca, Bestuurder

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability0Solvency9Growth-Stability0
2 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 0
Solvency 9
Growth -
Stability 0

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 936 of the 8,409 companies in this sector. 194 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Ontwikkeling van residentiële bouwprojecten41101Bouw van autowegen en andere wegen42110Bouw van autowegen en andere wegen42110Bouw van water- en gasdistributienetten42211Bouw van water- en gasdistributienetten42211Bouw van rioleringen42212Bouw van rioleringen42212Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Ontwikkeling van residentiële bouwprojecten68121
Primary activity highlighted.
Names & trade names
Legal nameNL ARY-TECH
Registered office
Sterrestraat 281 bus W002
9160 Lokeren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.