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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Busy address KBO
32 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ARAS EXPRESS from Brussel, company number BE0682562274, closed financial year 2023 with a result of € -275,686 after tax. For that financial year ARAS EXPRESS recorded a gross margin of € 418,286 and equity of € 16,357. Compared with financial year 2022, the result moved from € 30,545 to € -275,686. The company made a loss. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 21, 2024.
€ 16,357
▼ 94% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -275,686
▼ still € 30,545 profit in 2022
Profit after tax over the fiscal year.
€ 27,540
▼ 18% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,243.
People and assets in 2023
€ 402,804
▲ 261% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 319,714
▼ 41% vs 2022
Of which on lease € 65,670.
Debts at end 2023
€ 312,762
▼ 45% vs 2022
€ 136,478 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 834,433
▲ 12% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 204,712
▲ 50% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 691,165 | € 546,294 | € 418,286 | ▼ 23% |
| Profit after taxes | € 309,059 | € 30,545 | € -275,686 | ▼ € 306,231 |
| Equity | € 261,498 | € 292,043 | € 16,357 | ▼ 94% |
| Total debts | € 439,549 | € 1,453,425 | € 1,502,557 | ▲ 3% |
| Cash | € 19,040 | € 33,477 | € 27,540 | ▼ 18% |
| Retained profit | € 242,898 | € 273,443 | € -2,243 | ▼ € 275,686 |
| Bank debt | € 28,843 | € 572,174 | € 312,762 | ▼ 45% |
| Balance sheet total | € 701,047 | € 1,745,468 | € 1,518,913 | ▼ 13% |
Key figures of ARAS EXPRESS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ARAS EXPRESS?
What happened at ARAS EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ARAS EXPRESS is active according to the CBE. Legal situation: Opening faillissement.
- New establishment in Brussel. KBO
- New annual accounts for financial year 2023: loss of € 275,686 (▼ € 306,231 vs 2022). Source: NBB ↗
- Derya KASKAR became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 309,059 profit in 2021 to € 275,686 loss in 2023.
Paid € 123,854 in corporate taxes since 2021.
Best year ever: 2021, with € 309,059 profit.
Management
Behind ARAS EXPRESS is Derya KASKAR.
Directors
According to the 2023 annual accounts
Derya KASKAR
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Esplanade 1 box 46
1020 Brussel
Esplanade 1
1020 Brussel
Active since 2 June 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.
All companies at this address →B.E.C. - Raadgevend Ingenieursbureau
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€ 481,124 gross margin · 2025
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€ 46.7 million revenue · 2025
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€ 6.8 million revenue · 2025
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€ 897,579 gross margin · 2025
+27 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
- 0682.562.274
- VAT number
- BE 0682.562.274
- Registered office
- Esplanade 1 bus 46, 1020 Brussel
- Names & denominations
- ARAS EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 5 October 2017
- Peppol
- Not registered
- Contact
- [email protected]
- Activities · NACE
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