NORMAL SITUATION

AREA

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Financial year 2023 · closed on 31/12/2023

Net result

-1,1 k €

+52.2% YoY

Gross margin

-1,2 k €

+32.5% YoY

Equity

301,3 k €

-0.4% YoY

Company — Normal situation.

What does AREA do?

AREA is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.729.448

Legal form

Private company with limited liability

Contributed capital

9 419,95 €

Latest accounts

31/12/2023

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-1,2 k €	+32.5%	-1,8 k €	-101%	246,1 k €	+1494%	15,4 k €	-7.7%	16,7 k €	-3.8%	17,4 k €	+3.3%	16,8 k €	+1.5%	16,6 k €	-0.0%	16,6 k €	-0.6%	16,7 k €	-1.3%	16,9 k €	+1.5%	16,6 k €	-0.9%	16,8 k €	+1.2%	16,6 k €	-1.8%	16,9 k €	+1.2%	16,7 k €	+2.8%	16,3 k €
EBITDA	-1,3 k €	+41.1%	-2,3 k €	-101%	244 k €	+1673%	13,8 k €	-8.8%	15,1 k €	-4.3%	15,8 k €	+3.5%	15,2 k €	+1.7%	15 k €	-0.1%	15 k €	-0.8%	15,1 k €	-1.9%	15,4 k €	+1.4%	15,2 k €	-1.2%	15,4 k €	+1.3%	15,2 k €	-2.3%	15,5 k €	+1.1%	15,4 k €	+3.1%	14,9 k €
Operating result	-1,3 k €	+41.1%	-2,3 k €	-101%	244 k €	+2411%	9,7 k €	-12.0%	11 k €	-5.8%	11,7 k €	+0.2%	11,7 k €	+2.2%	11,4 k €	-0.1%	11,5 k €	-1.0%	11,6 k €	-2.5%	11,9 k €	+1.8%	11,6 k €	-1.5%	11,8 k €	+1.8%	11,6 k €	-2.7%	11,9 k €	+2.6%	11,6 k €	+5.6%	11 k €
Net result	-1,1 k €	+52.2%	-2,3 k €	-101%	162,5 k €	+2482%	6,3 k €	-9.2%	6,9 k €	-12.9%	8 k €	-10.3%	8,9 k €	+4.9%	8,5 k €	-2.7%	8,7 k €	-0.1%	8,7 k €	-0.7%	8,8 k €	+1.9%	8,6 k €	+0.7%	8,5 k €	+3.6%	8,2 k €	+4.8%	7,9 k €	+10.2%	7,1 k €	+10.2%	6,5 k €
Balance sheet
Equity	301,3 k €	-0.4%	302,4 k €	-0.8%	304,7 k €	+122%	137,5 k €	+4.8%	131,2 k €	+5.6%	124,2 k €	+6.8%	116,3 k €	+8.3%	107,4 k €	+8.5%	98,9 k €	+9.6%	90,3 k €	+10.7%	81,6 k €	+12.0%	72,8 k €	+13.4%	64,2 k €	+15.3%	55,7 k €	+17.4%	47,4 k €	+19.9%	39,6 k €	+22.0%	32,4 k €
Total assets	324,1 k €	-20.3%	406,5 k €	-1.1%	411,2 k €	+144%	168,2 k €	+3.9%	161,9 k €	+1.4%	159,7 k €	+10.4%	144,6 k €	+7.7%	134,3 k €	+7.6%	124,8 k €	+4.5%	119,5 k €	+10.6%	108,1 k €	+9.4%	98,8 k €	+9.5%	90,3 k €	+5.4%	85,6 k €	+10.8%	77,3 k €	-2.2%	79 k €	-4.9%	83,1 k €
Cash	324,1 k €	+9.0%	297,2 k €	-1.6%	301,9 k €	+1133%	24,5 k €	-7.8%	26,5 k €	-18.7%	32,6 k €	-35.6%	50,7 k €	+72.4%	29,4 k €	+3.5%	28,4 k €	-9.9%	31,6 k €	+14.7%	27,5 k €	-20.8%	34,7 k €	+53.2%	22,7 k €	+60.0%	14,2 k €	+524%	2,3 k €	+194%	774 €	-6.1%	824 €
Debts	22,8 k €	-78.1%	104,1 k €	-2.2%	106,5 k €	+246%	30,8 k €	-0.0%	30,8 k €	-13.2%	35,4 k €	+25.1%	28,3 k €	+8.4%	26,1 k €	+0.9%	25,9 k €	-11.5%	29,3 k €	+10.3%	26,5 k €	+1.9%	26 k €	-0.3%	26,1 k €	-13.0%	30 k €	+0.4%	29,9 k €	-24.4%	39,5 k €	-22.1%	50,7 k €

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 4 ended

Active mandates

Henri Peeters

Director

Active

Jozef Spaepen

Director

Active

Ended mandates

Henri Peeters

Director · since 05 décembre 1995

Ended

Henri Peeters

Manager · since 05 décembre 1995

Ended

Jozef Spaepen

Director · since 05 décembre 1995

Ended

Jozef Spaepen

Manager · since 05 décembre 1995

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2024	18/08/2023	22/08/2022	29/10/2021	25/06/2020	27/08/2019
General meeting	22/04/2024	06/06/2023	07/06/2022	01/06/2021	02/06/2020	03/06/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

28 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	22/04/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	06/06/2023	18/08/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	01/06/2021	29/10/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	21/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	13/09/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	28/10/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	31/07/2007	Dutch	PDF
Abridged model	31/12/2005	05/06/2006	01/08/2006	Dutch	PDF
Abridged model	31/12/2004	06/06/2005	07/07/2005	Dutch	PDF
Abridged model	31/12/2003	07/06/2004	20/07/2004	Dutch	PDF
Abridged model	31/12/2002	04/06/2003	29/07/2003	Dutch	PDF
Abridged model	31/12/2001	03/06/2002	08/08/2002	Dutch	PDF
Abridged model	31/12/2000	04/06/2001	25/09/2001	Dutch	PDF

View all 28 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 4 ended

Active mandates

Henri Peeters

Director

Active

Jozef Spaepen

Director

Active

Ended mandates

Henri Peeters

Director · since 05 décembre 1995

Ended

Henri Peeters

Manager · since 05 décembre 1995

Ended

Jozef Spaepen

Director · since 05 décembre 1995

Ended

Jozef Spaepen

Manager · since 05 décembre 1995

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution17/07/2024
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Registered office03/12/2021
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 2023-1,1 k €↑
2022
Annual accounts 2022-2,3 k €↓
2021
Annual accounts 2021162,5 k €↑
2019
Annual accounts 20196,3 k €↓
2018
Annual accounts 20186,9 k €↓
2017
Annual accounts 20178 k €↓
2016
Annual accounts 20168,9 k €↑
2015
Annual accounts 20158,5 k €↓
2014
Annual accounts 20148,7 k €↓
2013
Annual accounts 20138,7 k €↓
2012
Annual accounts 20128,8 k €↑
2011
Annual accounts 20118,6 k €↑
2010
Annual accounts 20108,5 k €↑
2009
Annual accounts 20098,2 k €↑
2008
Annual accounts 20087,9 k €↑
2007
Annual accounts 20077,1 k €↑
2006
Annual accounts 20066,5 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AREA

Overview

What does AREA do?

Trend over 17 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline