Financials
Financial year 2025
AREL from Balen, company number BE0445978977, closed financial year 2025 with a result of € 426,372 after tax. For that financial year AREL recorded a gross margin of € 1.2 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 820,515 to € 426,372. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.
€ 2.4 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 426,372
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 191,512
▲ 122% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.4 million.
People and assets in 2025
6.2
Average over the fiscal year, from the social balance sheet.
€ 476,792
▼ 7% vs 2024
€ 76,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 107,540
▼ 28% vs 2024
Of which on lease € 90,196.
Debts at end 2025
€ 158,593
▼ 83% vs 2024
€ 39,571 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 962,607
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,809
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,177,355 | € 2,111,571 | € 1,695,172 | € 1,237,855 | ▼ 27% |
| Profit after taxes | € 1,067,742 | € 985,047 | € 820,515 | € 426,372 | ▼ 48% |
| Equity | € 1,579,688 | € 1,664,735 | € 1,985,250 | € 2,411,622 | ▲ 21% |
| Total debts | € 3,324,280 | € 2,512,085 | € 2,943,676 | € 1,266,808 | ▼ 57% |
| Cash | € 200,253 | € 408,407 | € 86,352 | € 191,512 | ▲ 122% |
| Retained profit | € 1,561,088 | € 1,646,135 | € 1,966,650 | € 2,393,022 | ▲ 22% |
| Dividend | € 975,000 | € 900,000 | € 500,000 | € 0 | ▼ 100% |
| Bank debt | € 890,551 | € 786,265 | € 918,242 | € 158,593 | ▼ 83% |
| Balance sheet total | € 4,903,968 | € 4,176,821 | € 4,928,926 | € 3,678,430 | ▼ 25% |
| Employees (FTE) | 9.6 | 9 | 6.2 | 6.2 |
Key figures of AREL, 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 AREL?
What happened at AREL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 426,372 (▼ 48% vs 2024). Source: NBB ↗
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 426,372 profit in 2025.
Paid € 920,774 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
On average € 199,700 of value added per employee in 2025.
Management
The stake of BREAKAWAY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARELBehind AREL is BREAKAWAY BV. The shares are held by BREAKAWAY (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
KMO-straat 5
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.978.977
- VAT number
- BE 0445.978.977
- Registered office
- KMO-straat 5, 2490 Balen
- Names & denominations
- AREL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1991
- Peppol
- Active · Active since 25 Jun 2026
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Dakwerkzaamheden