NARACORP
ActiveSummary
NARACORP has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,027 and a net result of €4,027. Its solvency ranks better than 88% of 3,374 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Computer programming
NACE 62100
1 site
Size
€7,981total assets 2025
- Equity
- €7,027
- Profit
- €4,027
Turnover not published (abbreviated format)
Why 98raises riskFounded in 2025lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 8.37, cash €7,768Equity €7,027 (88.1% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 86% of its sector peers (NACE 62, micro)
Financial strength
Strong
Solvency
100
equity 88.1% of total assets
Liquidity
99
short-term debt 11.9% · cash 97.3%
Profitability
100
return on assets 50.5%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2026: 0.4%
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026highest value
09-2026: < 0.1%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 8.37, above the usual 1.5; short-term debt: 11.9% and cash: 97.3% of total assets), and 11.9% 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 62, micro): better than 85% on solvency, 90% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 26-10-2026 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 risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingDeviation from the deadline
2025
28 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- IncorporationAppointment: ARIFI Younes (director) ·…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444864.
Equity
€7,027
Total assets
€7,981
Net result
€4,027
Working capital
€7,027
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
Equity and liabilities €7,981
Equity
€7,027
Debt
€953
Debt finances 11.9% of the balance-sheet total.
Key figures and ratios
Current ratio
8.37
Debt to equity
0.14
ROE
57.3%
ROA
50.5%
Debt ≤ 1 year
€953
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.6%
stopped otherwise
96.6%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 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 11,280 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
| Line | 2025 |
|---|---|
| Gross operating margin9900 | €4,100 |
| Operating profit (loss)9901 | €4,100 |
| Financial charges65/66B | €73 |
| Recurring financial charges65 | €73 |
| Profit (loss) for the period before taxes9903 | €4,027 |
| Profit (loss) for the period9904 | €4,027 |
| Profit (loss) for the period to be appropriated9905 | €4,027 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €7,981 | |
| Current assets29/58 | €7,981 | |
| Amounts receivable within one year40/41 | €213 | |
| Other amounts receivable41 | €213 | |
| Cash at bank and in hand54/58 | €7,768 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €7,981 | |
| Equity10/15 | €7,027 | |
| Contributions10/11 | €3,000 | |
| Contributions outside capital11 | €3,000 | |
| Other1109/19 | €3,000 | |
| Profit (loss) carried forward14 | €4,027 | |
| Amounts payable17/49 | €953 | |
| Amounts payable within one year42/48 | €953 | |
| Taxes, remuneration and social security45 | €953 | |
| Taxes450/3 | €953 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €4,027 |
| Operating cash flow (approximation) | €4,027 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-08-2026 | 2026-00444864 |
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Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,968. 3,786 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 2025
ARIFI Younes
CurrentDirector (not named in the articles) · since 14-02-2025
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 2025, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| ARIFI Younes |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 14-02-2025 ↗
- ARIFI Younes 100 shares (100%) · €3,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 14-02-2025 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
2026
28-08
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 28 days late
2025
14-02
Gazette deed
IncorporationAppointment: ARIFI Younes (director) · Founder · Founding capital13 facts ▸
Gazette deed
Incorporation
Appointment: ARIFI Younes (director) · Founder · Founding capital13 facts ▸
- Incorporation, “NARACORP” (deed in French)
- Founder, ARIFI Younes
- Founding capital, €3,000
- Other provision, 09-02-2025
- Other provision, “capitaux propres de départ manifestement insuffisants pour mener l’activité projetée, avertissement sur responsabilité des fondateurs” (deed in French)
- Bank account, “compte spécial ouvert au nom de la société en formation”, 3000 (deed in French)
- Other provision, “fonds à disposition et compte indisponible”, 3000 (deed in French)
- Other provision, “arrêté des statuts, les comparants ont déclaré arrêter les statuts comme suit” (deed in French)
- Capital
- Registered office clause, “6140 Fontaine-L'Evêque,rue du Martinet 42” (deed in French)
- Board rule, 1
- Director appointment, ARIFI Younes (director (not named in the articles))
- +1 further fact in this act
Gazette deedNBB filing
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded12-02-2025
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:1019890959
Also
9925:BE1019890959
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Fontaine-l'Evêque · 1 establishment unit since 2025
Ground area
193 m²
Building footprint
59 m²
Building volume
431 m³
Parcel 52022C0224/00N008, Wallonia · tallest building 9.1 m. Linked by address, not a title deed.
1 establishment unit
NARACORP
since 2025unit no. 2.370.037.127
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52022C0224/00N008 | Wallonia | 193 m² | 1 · 59 m² | 9.1 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.
- “Le développement d'applications web, mobiles, et desktop,; L'ingénierie informatique : conception, réalisation, et intégration…” (deed in French)
72 activities (deed in French)
- Le développement d'applications web, mobiles, et desktop,
- L'ingénierie informatique : conception, réalisation, et intégration d'infrastructures et de réseaux,
- L'e-commerce : création, gestion et promotion de sites de vente en ligne,
- L'import-export de produits et services informatiques et technologiques,
- La cybersécurité : audit, consulting et mise en œuvre de solutions,
- L'intelligence artificielle : conception, développement et application de solutions IA,
- La réalité virtuelle et augmentée : développement et mise en œuvre de solutions et d'expériences,
- L'Internet des objets (IoT) : développement, intégration et gestion de dispositifs connectés,
- La blockchain : développement et gestion de solutions basées sur la blockchain,
- Le conseil en technologies de l'information,
- La formation en informatique et technologies,
- La maintenance et le support informatique,
- L'hébergement et le cloud computing,
- La vente et la distribution de matériel informatique et technologique,
- La vente, distribution et licence de logiciels,
- La location de matériel et d'infrastructures informatiques,
- Les services de réparation et maintenance de matériel informatique,
- La négociation de cryptomonnaies et de NFT,
- Le développement de solutions de paiement en cryptomonnaies et autres monnaies digitales,
- La recherche et le développement en technologies de l'information,
- L'audit et l'analyse de systèmes informatiques,
- La gestion et la mise en œuvre de bases de données,
- Le développement, édition, et distribution de jeux vidéo,
- Le marketing digital : SEO, SEA, SMM, content marketing, etc.,
- La création, gestion et distribution de contenus numériques et multimédias,
- Les services de design graphique, UX et UI,
- L'élaboration d'identités de marque et de stratégies digitales,
- La domotique et les solutions pour la maison et le bâtiment intelligent,
- Les technologies financières (fintech) : développement et mise en œuvre,
- La digitalisation des processus d'entreprise,
- Les systèmes ERP et CRM : mise en œuvre, gestion et maintenance,
- Les services de data science, big data, et d'analyse de données,
- Le développement et la gestion de solutions de télécommunication,
- L'édition et la distribution de publications électroniques,
- L'organisation, promotion et gestion d'événements, salons, et conférences tech.
- La vente, la distribution, et l'import-export de produits électroniques, électroménagers, et de tout autre type de marchandises,
- La commercialisation de produits, qu'ils soient de nature informatique ou non, via des plateformes en ligne tierces ou propriétaires,
- L'ouverture, la gestion, et l'exploitation de points de vente physiques destinés à la vente de marchandises de toutes natures,
- La gestion de stocks, d'entrepôts, et de logistiques liées à la vente et la distribution de produits.
- Développement et intégration de solutions d'automatisation et RPA (Robotic Process Automation) pour l’optimisation des processus métier.
- Consulting en architecture logicielle : conception et optimisation des infrastructures applicatives et systèmes d’information.
- Développement et gestion de plateformes SaaS (Software as a Service).
- Développement et mise en œuvre de solutions low-code/no-code.
- Services de mise en conformité RGPD et autres régulations liées à la protection des données.
- Surveillance et gestion des incidents de sécurité informatique (Security Operations Center - SOC).
- Développement de smart contracts et applications décentralisées (DApps).
- Tokenisation d’actifs numériques (immobilier, art, finance, etc.).
- Développement de solutions de finance décentralisée (DeFi).
- Développement et application de modèles d’intelligence artificielle générative (LLMs,
- Vision AI, etc.).
- Mise en place de solutions de computer vision et reconnaissance faciale.
- Développement et intégration de solutions cloud hybride et edge computing.
- Mise en place et gestion d’environnements conteneurisés (Docker, Kubernetes, OpenShift).
- Développement de marketplaces et plateformes e-commerce B2B/B2C.
- Intégration de solutions de paiement avancées (Buy Now Pay Later, Open Banking, etc.).
- Optimisation et automatisation des processus de gestion des stocks et de la logistique e-commerce.
- Mise en place de solutions de click & collect et gestion des points de retrait.
- Développement et gestion de solutions de VoIP et communications unifiées (PBX, WebRTC, etc.).
- Développement d’applications et d'infrastructures pour la 5G et l’IoT industriel.
- Développement de solutions de réalité mixte (XR), intégrant VR, AR et MR.
- Intégration d’intelligence artificielle et d’automatisation dans l’industrie manufacturière et l’AgriTech.
- Production et monétisation de contenus numériques, vidéos et podcasts tech.
- Création et gestion de NFT utilitaires pour le marketing et l’engagement communautaire.
- La prise de participations, directe ou indirecte, sous quelque forme que ce soit, dans toutes sociétés ou entreprises, en Belgique ou à l’étranger.
- La création, acquisition, gestion et administration de filiales ou sociétés affiliées, en Belgique ou à l’étranger.
- La gestion de portefeuilles d’actions ou de parts sociales dans des sociétés du même secteur ou de secteurs connexes.
- La prestation de services de gestion, de conseil et d’assistance aux sociétés dans lesquelles elle détient une participation.
- Conception, développement et commercialisation de formations en présentiel et en ligne (e-learning, MOOC, masterclass, etc.).
- Accompagnement, coaching et consulting pour entreprises et particuliers dans les domaines technologiques, e-commerce, digitalisation, cybersécurité, blockchain, intelligence artificielle, et autres innovations.
- Organisation de séminaires, webinaires, workshops et conférences liés aux nouvelles technologies et à la transformation digitale.
- Mise en place de partenariats avec des institutions éducatives et organisations professionnelles pour la formation continue et la certification.
- Développement et commercialisation de supports pédagogiques et de contenus éducatifs numériques (livres, vidéos, cours en ligne, podcasts…).
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NARACORP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Article 2. Siège” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)“Fixe ou proportionnelle, gratuitement ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreur(s) proportionnellement au nombre d'actions si plusieurs, prix mentionné en notification initiale ou à défaut…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
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
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, administrateurs en fonction désignés comme liquidateurs en vertu des statuts…” (deed in French)