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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AR&OW from Stavelot, company number BE0792714187, closed financial year 2025 with a result of € -50,610 after tax. For that financial year AR&OW recorded a gross margin of € 48,144 and equity of € 90,663. Compared with financial year 2024, the result moved from € -43,720 to € -50,610. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 90,663
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,610
▼ 16 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,059
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -159,337.
Debts at end 2025
€ 595,510
▼ 6% vs 2024
€ 39,547 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 3,269
▲ € 3,105 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 31,551 | € 53,695 | € 48,144 | ▼ 10% |
| Profit after taxes | € -65,007 | € -43,720 | € -50,610 | ▼ € 6,890 |
| Equity | € 184,993 | € 141,273 | € 90,663 | ▼ 36% |
| Total debts | € 922,706 | € 947,286 | € 952,849 | ▲ 1% |
| Cash | € 14,095 | € 17,680 | € 4,059 | ▼ 77% |
| Land & buildings | € 1,037,427 | € 991,989 | € 970,751 | ▼ 2% |
| Retained profit | € -65,007 | € -108,727 | € -159,337 | ▼ € 50,610 |
| Bank debt | € 670,309 | € 633,630 | € 595,510 | ▼ 6% |
| Balance sheet total | € 1,107,698 | € 1,088,558 | € 1,043,512 | ▼ 4% |
Key figures of AR&OW, fiscal years 2023 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 AR&OW?
What happened at AR&OW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 50,610. Source: NBB ↗
- New establishment in Stavelot. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,007 loss in 2023 to € 50,610 loss in 2025.
Management
The stake of LO2 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AR&OWBehind AR&OW is Pol MONVILLE. The shares are held by LO2 (100%).
Directors
According to the 2025 annual accounts
Pol MONVILLE
Managing director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Saint Laurent 3 box A
4970 Stavelot
Rue Saint Laurent 3
4970 Stavelot
Active since 25 October 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0792.714.187
- VAT number
- BE 0792.714.187
- Registered office
- Rue Saint Laurent 3 bus A, 4970 Stavelot
- Names & denominations
- AR&OW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2022
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen