What does ARE³ Development do?

ARE³ Development is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 19 June 2020, 1 establishment.

What is the address of ARE³ Development?

The registered office of ARE³ Development is located at Lembergsesteenweg 29, 9820 Merelbeke-Melle.

Is ARE³ Development still active?

Yes. According to the CBE (29 October 2026) ARE³ Development is active, legal situation “Normale toestand”, started on 19 June 2020.

Is ARE³ Development registered on Peppol?

Yes, ARE³ Development is registered on the Peppol network with ID 0208:0748761410.

What is the enterprise number of ARE³ Development?

The enterprise number of ARE³ Development is BE0748761410.

When was ARE³ Development founded?

ARE³ Development was founded on 19 June 2020.

Who are the directors of ARE³ Development?

According to the 2025 annual accounts, the directors of ARE³ Development are: Vrae BV, Juleste Consulting BV, Calisco BV.

Is ARE³ Development a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 June 2020; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did ARE³ Development make in 2025?

ARE³ Development recorded a loss after taxes of € 1,937,453 in financial year 2025.

What is the revenue of ARE³ Development?

In its most recent annual accounts (2025), ARE³ Development reported revenue of € 6,251,342.

ARE³ Development (Public Limited) - Merelbeke-Melle

Dossier ARE³ Development, printed on 29 October 2026 from databakkes.be/en/0748761410/are-development. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 Development from Merelbeke-Melle, company number BE0748761410, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year ARE³ Development recorded revenue of € 6.3 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 200,185 to € -1.9 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.

What it is worth Growing

€ 1.1 million

▲ € 1.7 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.9 million

▼ still € 200,185 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 769,057

▼ 69% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -3.8 million.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 224,356

▼ 31% vs 2024

€ 102,925 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 2.7 million

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 122 days on average.

Taxes

€ 7,749

▼ 98% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 101,529 Revenue 2022: € 101,529 First fiscal year in the series	€ 189,745 Revenue 2023: € 189,745 ▲ 87% vs 2022 (€ 101,529) Favourable step	€ 3,995,523 Revenue 2024: € 3,995,523 ▲ € 3.8 million vs 2023 (€ 189,745) Favourable step	€ 6,251,342 Revenue 2025: € 6,251,342 ▲ 56% vs 2024 (€ 3,995,523) Favourable step	▲ 56%
Profit after taxes	€ 88,296 Profit after taxes 2022: € 88,296 First fiscal year in the series	€ -985,727 Profit after taxes 2023: € -985,727 ▼ € 1.1 million vs 2022 (€ 88,296) Unfavourable step	€ 200,185 Profit after taxes 2024: € 200,185 ▲ € 1.2 million vs 2023 (€ -985,727) Favourable step	€ -1,937,453 Profit after taxes 2025: € -1,937,453 ▼ € 2.1 million vs 2024 (€ 200,185) Unfavourable step	▼ € 2.1 million
Equity	€ 128,815 Equity 2022: € 128,815 First fiscal year in the series	€ -856,912 Equity 2023: € -856,912 ▼ € 985,727 vs 2022 (€ 128,815) Unfavourable step	€ -656,728 Equity 2024: € -656,728 ▲ € 200,185 vs 2023 (€ -856,912) Favourable step	€ 1,070,820 Equity 2025: € 1,070,820 ▲ € 1.7 million vs 2024 (€ -656,728) Favourable step	▲ € 1.7 million
Total debts	€ 2,524,587 Total debts 2022: € 2,524,587 First fiscal year in the series	€ 3,477,344 Total debts 2023: € 3,477,344 ▲ 38% vs 2022 (€ 2,524,587) Unfavourable step	€ 5,713,230 Total debts 2024: € 5,713,230 ▲ 64% vs 2023 (€ 3,477,344) Unfavourable step	€ 4,032,350 Total debts 2025: € 4,032,350 ▼ 29% vs 2024 (€ 5,713,230) Favourable step	▼ 29%
Cash	€ 920,689 Cash 2022: € 920,689 First fiscal year in the series	€ 544,157 Cash 2023: € 544,157 ▼ 41% vs 2022 (€ 920,689) Unfavourable step	€ 2,487,320 Cash 2024: € 2,487,320 ▲ € 1.9 million vs 2023 (€ 544,157) Favourable step	€ 769,057 Cash 2025: € 769,057 ▼ 69% vs 2024 (€ 2,487,320) Unfavourable step	▼ 69%
Retained profit	€ -1,121,185 Retained profit 2022: € -1,121,185 First fiscal year in the series	€ -2,106,912 Retained profit 2023: € -2,106,912 ▼ € 985,727 vs 2022 (€ -1,121,185) Unfavourable step	€ -1,906,728 Retained profit 2024: € -1,906,728 ▲ € 200,185 vs 2023 (€ -2,106,912) Favourable step	€ -3,844,180 Retained profit 2025: € -3,844,180 ▼ € 1.9 million vs 2024 (€ -1,906,728) Unfavourable step	▼ € 1.9 million
Bank debt	€ 528,644 Bank debt 2022: € 528,644 First fiscal year in the series	€ 427,941 Bank debt 2023: € 427,941 ▼ 19% vs 2022 (€ 528,644) Favourable step	€ 326,519 Bank debt 2024: € 326,519 ▼ 24% vs 2023 (€ 427,941) Favourable step	€ 224,356 Bank debt 2025: € 224,356 ▼ 31% vs 2024 (€ 326,519) Favourable step	▼ 31%
Balance sheet total	€ 2,653,402 Balance sheet total 2022: € 2,653,402 First fiscal year in the series	€ 2,620,431 Balance sheet total 2023: € 2,620,431 ▼ 1% vs 2022 (€ 2,653,402) Unchanged	€ 5,056,502 Balance sheet total 2024: € 5,056,502 ▲ 93% vs 2023 (€ 2,620,431) Unchanged	€ 5,103,169 Balance sheet total 2025: € 5,103,169 ▲ 1% vs 2024 (€ 5,056,502) Unchanged	▲ 1%

Key figures of ARE³ Development, 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 Development?

What happened at ARE³ Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 3, 2026 New annual accounts for financial year 2025: loss of € 1.9 million (▼ € 2.1 million vs 2024). Source: NBB ↗
2026 Juleste Consulting BV stepped down as director. NBB
2026 Calisco BV stepped down as director. NBB
2025 Vrae BV became a director. NBB
Jun 19, 2020 New establishment in Merelbeke-Melle. KBO
Jun 19, 2020 Start of the company according to the CBE. KBO
2020 Juleste Consulting BV became a director. NBB
2020 Calisco BV became a director. NBB