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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
AREL from Aywaille, company number BE0760485542, closed financial year 2025 with a result of € 435,098 after tax. For that financial year AREL recorded a gross margin of € 67,754 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 324,159 to € 435,098. Profitable, and profit is growing. 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 September 30, 2026.
€ 1.2 million
▲ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 435,098
▲ 34% vs 2024
Profit after tax over the fiscal year.
€ 35,894
▼ 91% 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 € 1.2 million.
Debts at end 2025
€ 706,455
▼ 61% vs 2024
€ 86,291 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,654
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,429 | € -3,629 | € 3,013 | € 67,754 | ▲ € 64,741 |
| Profit after taxes | € 189,377 | € 242,461 | € 324,159 | € 435,098 | ▲ 34% |
| Equity | € 194,143 | € 436,603 | € 760,762 | € 1,195,860 | ▲ 57% |
| Total debts | € 1,366,150 | € 1,262,842 | € 1,799,135 | € 1,015,057 | ▼ 44% |
| Cash | € 86,834 | € 229,612 | € 384,082 | € 35,894 | ▼ 91% |
| Land & buildings | - | - | € 701,372 | € 683,265 | ▼ 3% |
| Retained profit | € 184,143 | € 426,603 | € 750,762 | € 1,185,860 | ▲ 58% |
| Bank debt | € 1,152,368 | € 1,079,578 | € 1,795,870 | € 706,455 | ▼ 61% |
| Balance sheet total | € 1,560,293 | € 1,699,445 | € 2,559,897 | € 2,210,917 | ▼ 14% |
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 € 435,098 (▲ 34% vs 2024). filed late Source: NBB ↗
- Portino became a director. NBB
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 189,377 profit in 2022 to € 435,098 profit in 2025.
Best year ever: 2025, with € 435,098 profit.
Management
Behind AREL is Portino. It owns 100% of Atelier Luxus and 26.9% of Conception Eclairage Automatisation itself.
Directors
According to the 2025 annual accounts
Director · represented by Thibault RENSON
Also active at: VERVLOET, VERVLOET INTERNATIONAL, Shiver, PRADO EUROPE, ATELIER LUXUS
since 2025
Establishments
Establishment units
Physical locations of this company
Rue de Bénister 8
4920 Aywaille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SQUARESPACE - Squarespace, Inc., US
Domain
Domain
atelierluxus.com
Registered
2014-11-05
Registrar
Infomaniak Network SA
Expires
2028-11-05
Website info
Features
Security
Network
Details
- Company number
- 0760.485.542
- VAT number
- BE 0760.485.542
- Registered office
- Rue de Bénister 8, 4920 Aywaille
- Names & denominations
- AREL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2020
- Peppol
- Not registered
- Contact
- atelierluxus.com 04 344 44 51