OPENING OF BANKRUPTCY

ARE Projects

Export PDF

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-1,2 M €-619,5 %over 1 year
Gross margin40,7 k €-88,9 %over 1 year
Equity-988,3 k €-638,4 %over 1 year

Identity

Source · BCE/KBO

ARE Projects is a Public limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Arendonk.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0705.973.126
Incorporation
28/09/2018
Legal form
Public limited company
Registered office
Hoge Mauw 1510
2370 Arendonk · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2023
Signals
Good liquidityPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20232022202120202019
Income statement
Gross margin40,7 k €367,3 k €26,8 k €170,2 k €-115,1 k €
EBITDA36,9 k €363,7 k €24,8 k €169,7 k €-116,3 k €
Operating result-997,7 k €363,7 k €24,8 k €169,7 k €-116,3 k €
Net result-1,2 M €225,6 k €-130,7 k €146 k €-118,8 k €
Balance sheet
Equity-988,3 k €183,6 k €-42 k €88,6 k €-57,3 k €
Total assets5 M €4,2 M €4,1 M €2,1 M €454,2 k €
Cash39,6 k €65,8 k €140,3 k €25,3 k €654,4 €
Debts6 M €4 M €4,1 M €2 M €511,3 k €

Board of directors

Source · NBB, accounts to 31/12/2023

4 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Create & Build0628.577.519Represented by Tom De Vries
Director28/09/2018 → 02/06/2025
EB MANAGEMENT0479.516.233Represented by Eddy Bruyninckx
Director28/09/2018 → 02/06/2025
EDCC0684.716.961Represented by Ruben Devrieze
Director28/09/2018 → 02/06/2025
Luc Van Cauwenbergh0862.352.467Represented by Philip Van Cauwenbergh
Director28/09/2018 → 02/06/2025

Other companies at this address

Hoge Mauw 1510 2370 Arendonk
CompanyCBE no.
ALGEMEEN TIMMER - EN AFWERKINGSBEDRIJF● Active
0463.487.477
ALUSERVICE● Active
0864.623.257
Apart Real Estate +● Bankrupt
0705.936.702
ARKANA● Active
0476.198.932
Atlas Life● Active
1016.339.472
B-AVENUE● Active
0893.417.114
Bouw Technische Installaties● Active
0463.705.926
B & R● Active
0461.486.210
B & R Bouwgroep● Active
0693.808.039
BR&C Holding● Active
0686.548.281
B&R Construct● Active
0546.916.484
B&R Development● Active
0479.139.319
B&R Logistics● Active
0875.838.437
B&S WESTPOORT● Active
0758.552.272
CoYoTTo● Active
1008.121.592
CSA● Active
0870.429.302
HOOYBERGHS● Active
0424.877.618
I.B. Vastgoed Wemmel● Active
0890.130.396
Igor Stevoort● Active
0728.470.493
IMMO ARCADIA● Active
0837.050.117

Full financial information

Source · NBB
20232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202028/09/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months16 months
Filing date30/09/202430/08/202330/08/202217/08/202131/08/2020
General meeting27/09/202424/08/202325/08/202228/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202327/09/202430/09/2024DutchPDF
Abridged model31/12/202224/08/202330/08/2023DutchPDF
Abridged model31/12/202125/08/202230/08/2022DutchPDF
Abridged model31/12/202028/06/202117/08/2021DutchPDF
Abridged model31/12/201930/06/202031/08/2020DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

4 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Create & Build0628.577.519Represented by Tom De Vries
Director28/09/2018 → 02/06/2025
EB MANAGEMENT0479.516.233Represented by Eddy Bruyninckx
Director28/09/2018 → 02/06/2025
EDCC0684.716.961Represented by Ruben Devrieze
Director28/09/2018 → 02/06/2025
Luc Van Cauwenbergh0862.352.467Represented by Philip Van Cauwenbergh
Director28/09/2018 → 02/06/2025

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other02/10/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
EB MANAGEMENT
Create & Build
EDCC
Luc Van Cauwenbergh
201820192020202120222023202420252026
ARE Projects
Tuinwijk 62 bte 2, 2840 Rumst
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Hoge Mauw 1510, 2370 ArendonkCurrent
CBE
Tuinwijk 62 bte 2, 2840 Rumst
accounts 2021 → 2023
Accounts 2023 · 2024-00499673

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ARE ProjectsCurrent
accounts 2019 → 2023
Accounts 2023 · 2024-00499673

Events

  1. 2023
    Annual accounts 2023-1,2 M €↓
  2. 2022
    Annual accounts 2022225,6 k €↑
  3. 2021
    Annual accounts 2021-130,7 k €↓
  4. 2020
    Annual accounts 2020146 k €↑
  5. 2019
    Annual accounts 2019-118,8 k €
  6. 28/09/2018
    IncorporationPublic limited company