ARE³ Development
0748.761.410 · rovalta.com · 21/09/2026
ARE³ Development
Overview
What does ARE³ Development do?
ARE³ Development is a Public limited company incorporated in 2020. Its main activity is: Development of building projects. Its registered office is in Merelbeke-Melle.
9820 Merelbeke-Melle · FlandreSee on map
Trend over 6 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Revenue | 6,3 M € | +56.5% | 4 M € | +2006% | 189,7 k € | +86.9% | 101,5 k € | -70.5% | 344 k € | +73.7% | 198 k € |
| EBITDA | -1,7 M € | -555% | 381,2 k € | +142% | -909,2 k € | -620% | 175 k € | +113% | -1,3 M € | -2592% | -48,7 k € |
| Operating result | -1,8 M € | -632% | 334,6 k € | +135% | -955,9 k € | -846% | 128,2 k € | +110% | -1,3 M € | -2640% | -48,7 k € |
| Net result | -1,9 M € | -1068% | 200,2 k € | +120% | -985,7 k € | -1216% | 88,3 k € | +108% | -1,2 M € | -2226% | -49,8 k € |
| Balance sheet | |||||||||||
| Equity | 1,1 M € | +263% | -656,7 k € | +23.4% | -856,9 k € | -765% | 128,8 k € | +218% | 40,5 k € | -96.6% | 1,2 M € |
| Total assets | 5,1 M € | +0.9% | 5,1 M € | +93.0% | 2,6 M € | -1.2% | 2,7 M € | -1.5% | 2,7 M € | +92.1% | 1,4 M € |
| Cash | 769,1 k € | -69.1% | 2,5 M € | +357% | 544,2 k € | -40.9% | 920,7 k € | -14.6% | 1,1 M € | -4.0% | 1,1 M € |
| Debts | 4 M € | -29.4% | 5,7 M € | +72.6% | 3,3 M € | +36.2% | 2,4 M € | -8.4% | 2,7 M € | +1215% | 201,7 k € |
Indicative valuation
As an indication, this company is worth
Board of directors
Seen on filing of 31/12/2025 · 3 active · 2 ended
Active mandates
Ended mandates
Other companies at this address
| Company | CBE no. |
|---|---|
A.H.H. VASTGOED● Active | 0475.117.678 |
ARE²● Active | 0628.649.377 |
ARE³● Active | 0646.738.194 |
Immo Sanglier des Ardennes● Active | 0460.538.875 |
Merleau Construct● Active | 1037.083.022 |
Merleau Land● Active | 1037.083.121 |
Oostende Stadion● Active | 0630.938.577 |
Financials
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 19/06/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 7 months |
| Filing date | 03/07/2026 | 16/07/2025 | 29/08/2024 | 31/08/2023 | 31/08/2022 | 13/07/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 14/08/2024 | 24/08/2023 | 01/08/2022 | 30/06/2021 |
| 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 |
Financial ratios
Looking for more information about this company?
Try for 7 daysAnnual accounts filings
6 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 03/07/2026 | Dutch | |
| Full model | 31/12/2024 | 30/06/2025 | 16/07/2025 | Dutch | |
| Full model | 31/12/2023 | 14/08/2024 | 29/08/2024 | Dutch | |
| Full model | 31/12/2022 | 24/08/2023 | 31/08/2023 | Dutch | |
| Full model | 31/12/2021 | 01/08/2022 | 31/08/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 13/07/2021 | Dutch |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Seen on filing of 31/12/2025 · 3 active · 2 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
- Mandates02/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates05/09/2022ONTSLAGEN - BENOEMINGEN
- Restructuring11/01/2022RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring04/10/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Other23/06/2020RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-1,9 M €↓
- 2024Annual accounts 2024200,2 k €↑
- 2023Annual accounts 2023-985,7 k €↓
- 2022Annual accounts 202288,3 k €↑
- 2021Annual accounts 2021-1,2 M €↓
- 2020Annual accounts 2020-49,8 k €
- 19/06/2020IncorporationPublic limited company