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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ares-D from Begijnendijk, company number BE0803979946, closed financial year 2025 with a result of € -28,031 after tax. For that financial year Ares-D recorded a gross margin of € -26,319 and equity of € 11.5 million. Compared with financial year 2024, the result moved from € -36,159 to € -28,031. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 11.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,031
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,881
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -64,191.
Debts at end 2025
€ 11.5 million
Loans from banks and other lenders, long and short.
€ 130
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -35,200 | € -26,319 | ▲ € 8,881 |
| Profit after taxes | € -36,159 | € -28,031 | ▲ € 8,128 |
| Equity | € 11,498,159 | € 11,470,127 | |
| Total debts | € 11,573,726 | € 11,594,387 | |
| Cash | € 16,252 | € 8,881 | ▼ 45% |
| Retained profit | € -36,159 | € -64,191 | ▼ € 28,031 |
| Bank debt | € 11,521,315 | € 11,521,315 | |
| Balance sheet total | € 23,071,885 | € 23,064,514 |
Key figures of Ares-D, fiscal years 2024 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 Ares-D?
What happened at Ares-D in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,031. Source: NBB ↗
- New establishment in Begijnendijk. KBO
- Dirk Geerinckx became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 36,159 loss in 2024 to € 28,031 loss in 2025.
Management
Behind Ares-D is Dirk Geerinckx. It owns 77.9% of THE FIRMM itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Soelstraat 97
3130 Begijnendijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0803.979.946
- VAT number
- BE 0803.979.946
- Registered office
- Soelstraat 97, 3130 Begijnendijk
- Names & denominations
- Ares-D
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2023
- Peppol
- Active · Active since 21 Oct 2026
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