About Are Projects
Are Projects is a public limited company (NV/SA) based in Arendonk, founded in 2018. According to the company register, Are Projects has the status "Opening faillissement". Its main activity is classified as "Ontwikkeling van residentiële bouwprojecten". For the 2023 financial year, Are Projects reported a loss of €1.2 million. A year earlier, in 2022, it still made a profit of €225,594. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €40,709, down 89% on 2022. Equity is negative (-€988,318): liabilities exceed assets. In 2019 it was -€57,318. 5 annual accounts are available, covering 2019 to 2023.
- Signals
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Juridical warningJuridical warning
The legal status points to elevated risk (e.g. dissolution or bankruptcy).
Negative equityNegative equity € -988KEquity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -998KThe company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -137KOperating cash flow was negative in the latest financial year.
Positive EBITDAPositive EBITDA € 37KPositive EBITDA: operating activities are profitable.
Financial ratios
|
|
2023
|
2022
|
2021
|
2020
|
|---|---|---|---|---|
|
€
41K
|
€
367K
|
€
27K
|
€
170K
|
|
|
€
37K
|
€
364K
|
€
25K
|
€
170K
|
|
|
€
-1.17M
|
€
226K
|
€
-131K
|
€
146K
|
|
|
€
-988K
|
€
184K
|
€
-42K
|
€
89K
|
|
|
-19.82%
|
4.36%
|
-1.02%
|
4.15%
|
|
|
€
5.98M
|
€
4.03M
|
€
4.15M
|
€
2.05M
|
|
|
€
40K
|
€
66K
|
€
140K
|
€
25K
|
Publications 2
All publicationsFrequently asked questions
Answers to the most common questions about Are Projects, based on official government data and the filed annual accounts.
What is the VAT number of Are Projects?
The VAT number of Are Projects is BE0705.973.126.
When was Are Projects established?
Are Projects was founded in 28-09-2018.
What is the official address of Are Projects?
The official address of Are Projects is Hoge Mauw 1510 Arendonk 2370.
What is the legal form of Are Projects?
The juridical form of Are Projects is Public limited company (NV/SA).
What is the annual revenue of Are Projects?
The 2023 accounts of Are Projects do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Are Projects a reliable company?
Are Projects is a registered Rechtspersoon with company number 0705.973.126 and can be verified through the official CBE database.
What is the credit limit of Are Projects?
The estimated credit limit of Are Projects is €29,316.
Is Are Projects still active?
Are Projects currently has the status "Opening faillissement" and is not active.