Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
AREA from Brasschaat, company number BE0420237751, closed financial year 2025 with a result of € -6,090 after tax. For that financial year AREA recorded a gross margin of € -1,030 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -5,825 to € -6,090. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 2.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,090
▼ 5 % more loss than in 2024
Profit after tax over the fiscal year.
€ 451
▲ 159% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 30
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -639 | € -2,536 | € -969 | € -1,030 | ▼ € 61 |
| Profit after taxes | € -5,510 | € 1,232,302 | € -5,825 | € -6,090 | ▼ € 265 |
| Equity | € 1,501,120 | € 2,733,422 | € 2,727,596 | € 2,721,506 | |
| Total debts | € 4,938,585 | € 3,702,422 | € 3,706,558 | € 3,712,925 | |
| Cash | € 5,487 | € 1,694 | € 174 | € 451 | ▲ 159% |
| Retained profit | € 1,439,120 | € 2,671,422 | € 2,665,596 | € 2,659,506 | |
| Balance sheet total | € 6,439,705 | € 6,435,844 | € 6,434,154 | € 6,434,431 |
Key figures of AREA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AREA?
What happened at AREA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ilse Smets stepped down as director. NBB
- Maria Smets stepped down as director. NBB
- Herbert Smets stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6,090. Source: NBB ↗
- Ilse Smets became a director. NBB
- Maria Smets became a director. NBB
- Herbert Smets became a director. NBB
- New establishment in Brasschaat. KBO
In short
From € 5,510 loss in 2022 to € 6,090 loss in 2025.
Best year ever: 2023, with € 1.2 million profit.
Management
It owns 40% of Gravo itself.
Establishments
Establishment units
Physical locations of this company
Ruiterijschool 14
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →BBCOPA Bakery Group
€ 1.9 million gross margin · 2025
Gravo same network
€ 17.3 million revenue · 2025
VE MONTAGE EN INSTALLATIE
€ 83,610 gross margin · 2024
Jumbo België
€ 161.5 million revenue · 2025
RETAIL BOUW MANAGEMENT
€ 246,846 gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.237.751
- VAT number
- BE 0420.237.751
- Registered office
- Ruiterijschool 14, 2930 Brasschaat
- Names & denominations
- AREA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 1980
- Peppol
- Active · Active since 27 Jun 2025