AREAL

Active

Private limited companyfounded 2021active for 5 yearsHoek 76, 2850 Boom, Belgium43 active companies are registered at this addressKBO/BCE: BE 0764.661.787

Summary

AREAL has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.8m) and a net result of -€1.5m. Equity is shrinking by about 85% per year across the filed financial years. Its solvency ranks better than 5% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow Report Compare

AREALActiveChecked score 54/100

Risk analysis Report Compare

Activity

Computer programming

NACE 62100

2nd largest company by total assets in Boom, Telecoms and IT sector1 site

Size

€2.4mtotal assets 2025

Staff: 1.6 FTE
Equity: -€2.8m
Loss: -€1.5m

Turnover not published (abbreviated or micro format)Net result -80%: other schema

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.9%

Structure

Parent: PA Technologies · 51%
Board: 4 members

2025 accounts 4 days early2 of 4 deeds summarised

Why 54raises riskCapped at 59: negative equityLoss of €1.5m, the second in a row (financial year 2025)Negative equity -€2.8m1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 25% of its sector peers (NACE 62, small)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -116.5% of total assets

Liquidity 80-20

short-term debt 16.2% · cash 27.1%

Profitability 0=

return on assets -60.2%

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,163 companies, NACE 62, small)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.4%● unchanged vs 03-2025lowest value 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.4 percentage points vs 09-2025 11-2025: 1.3%▲ +0.1 percentage points vs 10-2025 12-2025: 1.4%▲ +0.1 percentage points vs 11-2025 01-2026: 2.1%▲ +0.7 percentage points vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.0%▼ -0.1 percentage points vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 1.8%▼ -0.2 percentage points vs 04-2026 06-2026: 2.1%▲ +0.3 percentage points vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026highest value 08-2026: 0.8%▼ -1.3 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.1 percentage points vs 09-2026

No credit on open account

Liquidity ample (current ratio 3.26, compared with 11.23 in 2024, above the usual 1.5; short-term debt: 16.2% and cash: 27.1% of total assets), but equity is negative.

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, small): better than 2% on solvency, 90% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

Loss of €1.5m, the second in a row (financial year 2025)

NBB · annual accounts

Negative equity -€2.8m

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

1 change of registered office in 24 months

Belgian Official Gazette

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year -€2.8m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

4 days early

2024

99 days late

2023

22 days late

2022

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 37 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (3 of the last 4 filed years within 31 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-07-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Weakest financial yearnet -€1.5m
03-12-2025 Permanent representatives: Bruno Vanwelsenaers, Michiel Beers…Registered-office move

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€2.8m View
Risk: 4 loss-making years in a rowloss financial year 2025 -€1.5m View
Caution: Equity fell in 2025from -€1.4m to -€2.8m ▼ 107% View
Caution: Among the weakest 5% on solvencysector median 60.0% · 21,064 companies -116.5% View
Controlled by PA Technologiesknown shareholders 100% 51% View

By topic

Financials

Financial year: 2025
Total assets: €2.4m
Loss: -€1.5m
Solvency: -116.5%

Total assets▲ 72.9%

Net result

20222025

Go to Financials

Board & ownership

Board: 4 members
Parent: PA Technologies · 51%
Known shareholders: 100%

AS-D.BEDirector
SD-CDirector
viLdiSDirector
WelsiesDirector

Go to Board & ownership

Network & group

Connected companies: 22

Go to Network & group

Timeline

Events: 9
Since: 2023
Next accounts: by 31-07-2027

07-11-2025Annual accounts filed
31-12-2024Liquidity more than quadruples
18-12-2024Resignations: Bruno Vanwelsenaers, Michiel Beers and 2…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Computer programmingNACE 62100
Founded: 04-03-2021
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about AREAL

What is the company number of AREAL?: 0764.661.787. In Belgium the VAT number is the company number with BE in front: BE 0764.661.787.
Where is AREAL based?: The registered office is at Hoek 76, 2850 Boom.Company details
What does AREAL do?: According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of AREAL?: Private limited company (BV).
When was AREAL founded?: On 04-03-2021.
Is AREAL still active?: Yes, AREAL is an active enterprise in the KBO register.
How many employees does AREAL have?: On average 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of AREAL?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is AREAL profitable?: In financial year 2025, AREAL made a loss of €1.5m.
Where can I find the annual accounts of AREAL?: AREAL filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AREAL due?: By 31-07-2027, for financial year 2026.Timeline