Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
ARE³ from Merelbeke-Melle, company number BE0646738194, closed financial year 2025 with a result of € -382,315 after tax. For that financial year ARE³ recorded revenue of € 265,825 and equity of € 11.1 million. Compared with financial year 2024, the result moved from € 1.1 million to € -382,315. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 11.1 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -382,315
▼ still € 1.1 million profit in 2024
Profit after tax over the fiscal year.
€ 694,531
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
€ 9,567
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39.1 million
▼ 10% vs 2024
€ 360,915 is repaid this year. At this pace the long-term loan is gone in ≈ 108 years.
€ 38,240
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 26,184
▲ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,729 | € 34,323 | € 2,244,194 | € 265,825 | ▼ 88% |
| Profit after taxes | € -500,060 | € 321,676 | € 1,116,438 | € -382,315 | ▼ € 1.5 million |
| Equity | € 10,083,488 | € 10,405,164 | € 11,521,602 | € 11,139,287 | ▼ 3% |
| Total debts | € 40,622,801 | € 43,185,433 | € 43,922,747 | € 39,171,236 | ▼ 11% |
| Cash | € 341,325 | € 608,872 | € 4,848,913 | € 694,531 | ▼ 86% |
| Land & buildings | € 34,877,376 | € 36,380,194 | € 26,086,724 | € 25,514,137 | ▼ 2% |
| Retained profit | € 83,488 | € 405,164 | € 1,521,602 | € 1,139,287 | ▼ 25% |
| Bank debt | € 40,141,391 | € 42,554,776 | € 43,266,375 | € 39,103,767 | ▼ 10% |
| Balance sheet total | € 51,086,888 | € 53,958,601 | € 55,799,759 | € 50,653,339 | ▼ 9% |
Key figures of ARE³, 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 ARE³?
What happened at ARE³ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aubisque BVBA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 382,315 (▼ € 1.5 million vs 2024). Source: NBB ↗
- Vrae BV became a director. NBB
- Aubisque BVBA became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 500,060 loss in 2022 to € 382,315 loss in 2025.
Paid € 19,297 in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
Pays suppliers within 62 days on average.
A new publication or filing at ARE³? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ALYCHLO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARE³Behind ARE³ is Vrae BV. The shares are held by ALYCHLO (100%). It owns 100% of Désirée Durbuy, 100% of A.H.H. Vastgoed, 50% of miVXBuilding, 50% of Résidence du Sanglier, 50% of Désirée Oostende and 28.1% of Real Estate Durbuy - RED² itself.
Directors
According to the 2025 annual accounts
Director · represented by Frederic Teerlynck
Also active at: ICE OF QUEENS, WP HOTELS EN EVENTS, ATCARS, ARE³ Development, Witte Paard Events, ZOUTE GRAND PRIX
since 2025
Director · represented by Freya Loncin
Also active at: LE SANGLIER DES ARDENNES, SANGLIER DES ARDENNES BY BRU, Adventure Valley Durbuy, VOLCANO, The Big Smile Company, LPM Holding, VAGATO, THERIVER +5 more
since 2021 · until 2027
Shareholders
100%
Participations
100%
100%
50%
50%
Establishments
Establishment units
Physical locations of this company
Lembergsesteenweg 29
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Immo Sanglier des Ardennes
€ 11,585 gross margin · 2025
A.H.H. VASTGOED same network
€ 85,446 gross margin · 2025
ARE²
Oostende Stadion
ARE³ Development same network
€ 6.3 million revenue · 2025
+2 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
- 0646.738.194
- VAT number
- BE 0646.738.194
- Registered office
- Lembergsesteenweg 29, 9820 Merelbeke-Melle
- Names & denominations
- ARE³
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2016
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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