A.R. DIFFUSION
ActiveSummary
A.R. DIFFUSION has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315k and a net result of €32k. Equity is growing by ~13.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50=
Solvency76▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 0.02 in 2024; short-term debt: 0.5% and cash: 0.8% of total assets), and 49.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.7%
Return on assets
5.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
51 d early
2023
51 d early
2022
52 d early
2021
62 d early
2020
85 d early
2019
10 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32k▲ 5.0%
2024 · €30k
2018: €31k
2019: €23k▼ -25.5% vs 2018lowest in 8 years
2020: €24k▲ +6.0% vs 2019
2021: €24k▼ -1.9% vs 2020
2022: €26k▲ +8.7% vs 2021
2023: €29k▲ +9.7% vs 2022
2024: €30k▲ +6.6% vs 2023
2025: €32k▲ +5.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€1k
2024 · €-333k
2018: €-490klowest in 8 years
2019: €-467k▲ +4.7% vs 2018
2020: €-442k▲ +5.2% vs 2019
2021: €-418k▲ +5.4% vs 2020
2022: €-392k▲ +6.2% vs 2021
2023: €-363k▲ +7.3% vs 2022
2024: €-333k▲ +8.4% vs 2023
2025: €1k▲ +100% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€197k-€223k▲ 13.2%€252k▲ 12.8%€283k▲ 12.1%€315k▲ 11.3%
2021: €197klowest in 5 years
2022: €223k▲ +13.2% vs 2021
2023: €252k▲ +12.8% vs 2022
2024: €283k▲ +12.1% vs 2023
2025: €315k▲ +11.3% vs 2024highest in 5 years
Operating result€-4k-€-3k▲ 15.1%€-2k▲ 35.3%€-2k▲ 19.0%€-2k▲ 3.1%
2021: €-4klowest in 5 years
2022: €-3k▲ +15.1% vs 2021
2023: €-2k▲ +35.3% vs 2022
2024: €-2k▲ +19.0% vs 2023
2025: €-2k▲ +3.1% vs 2024highest in 5 years
Net result€24k-€26k▲ 8.7%€29k▲ 9.7%€30k▲ 6.6%€32k▲ 5.0%
2021: €24klowest in 5 years
2022: €26k▲ +8.7% vs 2021
2023: €29k▲ +9.7% vs 2022
2024: €30k▲ +6.6% vs 2023
2025: €32k▲ +5.0% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €620k
Fixed assets
€615k =
Current assets
€5k ▼ 41.5%
Equity and liabilities €620k
Equity
€315k ▲ 11.3%
Debt
€306k ▼ 10.4%
Debt's share of the balance-sheet total falls from 54.7% to 49.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.44▲
2024 · 0.02
Debt to equity
0.97▼
2024 · 1.21
ROE
10.2%▼
2024 · 10.8%
ROA
5.2%▲
2024 · 4.9%
Debt ≤ 1 year
€3k▼
2024 · €341k
Income taxes
€3k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€623k€620k▼
Fixed assets21/28€615k€615k=
Financial fixed assets28€615k€615k=
Current assets29/58€8k€5k▼
Cash at bank and in hand54/58€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€623k€620k▼
Equity10/15€283k€315k▲
Contributions10/11€31k€31k=
Reserves13€251k€283k▲
Distributable reserves133€251k€283k▲
Profit (loss) carried forward14€592€596▲
Amounts payable17/49€341k€306k▼
Amounts payable within one year42/48€341k€3k▼
Trade debts44€725€45▼
Suppliers440/4€725€45▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€334k-
Accrued charges and deferred income492/3-€302k
Income statement
Code20242025
Other operating charges640/8€486€510▲
Gross operating margin9900€-1k€-1k▲
Operating profit (loss)9901€-2k€-2k▲
Financial income75/76B€53k€53k=
Recurring financial income75€53k€53k=
Financial charges65/66B€17k€16k▼
Recurring financial charges65€17k€16k▼
Profit (loss) for the period before taxes9903€34k€35k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€30k€32k▲
Profit (loss) for the period to be appropriated9905€30k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€33k▲
Profit (loss) brought forward from the previous period14P€549€592▲
Transfer to equity691/2€30k€32k▲
To other reserves6921€30k€32k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1k | €436 | €504 | €486 | €510 | ▲ 5.0% |
| Gross operating margin9900 | €-3k | €-3k | €-2k | €-1k | €-1k | ▲ 6.2% |
| Operating profit (loss)9901 | €-4k | €-3k | €-2k | €-2k | €-2k | ▲ 3.1% |
| Financial income75/76B | €53k | €53k | €53k | €53k | €53k | = |
| Recurring financial income75 | €53k | €53k | €53k | €53k | €53k | = |
| Financial charges65/66B | €22k | €21k | €19k | €17k | €16k | ▼ 9.5% |
| Recurring financial charges65 | €22k | €21k | €19k | €17k | €16k | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €26k | €29k | €31k | €34k | €35k | ▲ 5.0% |
| Income taxes67/77 | €2k | €3k | €3k | €3k | €3k | ▲ 5.2% |
| Profit (loss) for the period9904 | €24k | €26k | €29k | €30k | €32k | ▲ 5.0% |
| Profit (loss) for the period to be appropriated9905 | €24k | €26k | €29k | €30k | €32k | ▲ 5.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €635k | €629k | €625k | €623k | €620k | ▼ 0.5% |
| Fixed assets21/28 | €615k | €615k | €615k | €615k | €615k | = |
| Financial fixed assets28 | €615k | €615k | €615k | €615k | €615k | = |
| Current assets29/58 | €20k | €14k | €9k | €8k | €5k | ▼ 41.5% |
| Cash at bank and in hand54/58 | €20k | €14k | €9k | €8k | €5k | ▼ 41.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €635k | €629k | €625k | €623k | €620k | ▼ 0.5% |
| Equity10/15 | €197k | €223k | €252k | €283k | €315k | ▲ 11.3% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Reserves13 | €166k | €192k | €220k | €251k | €283k | ▲ 12.8% |
| Non-distributable reserves130/1 | €3k | - | - | - | - | - |
| Reserves not available under the articles1311 | €3k | - | - | - | - | - |
| Distributable reserves133 | €163k | €192k | €220k | €251k | €283k | ▲ 12.8% |
| Profit (loss) carried forward14 | €364 | €446 | €549 | €592 | €596 | ▲ 0.7% |
| Amounts payable17/49 | €438k | €406k | €372k | €341k | €306k | ▼ 10.4% |
| Amounts payable within one year42/48 | €438k | €406k | €372k | €341k | €3k | ▼ 99.0% |
| Trade debts44 | - | - | €76 | €725 | €45 | ▼ 93.8% |
| Suppliers440/4 | - | - | €76 | €725 | €45 | ▼ 93.8% |
| Taxes, remuneration and social security45 | €2k | €3k | €3k | €6k | €3k | ▼ 45.7% |
| Taxes450/3 | €2k | €3k | €3k | €6k | €3k | ▼ 45.7% |
| Other amounts payable47/48 | €435k | €403k | €370k | €334k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €302k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €26k | €29k | €30k | €32k | ▲ 5.0% |
| Operating cash flow (approximation) | €24k | €26k | €29k | €30k | €32k | ▲ 5.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-6k | €-5k | €-1k | €-3k | ▼ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €32k ▲5%
Operating result €-2k, net result €32k, both a record.
31-12
Financial
Liquidity times 61current ratio 1.44
Current ratio from 0.02 to 1.44; short-term debt falls from €341k to €3k.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €200kEq €223k ▲13.2%
5 profitable years in a row build equity to €223k.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €150kEq €173k ▲16.4%
3 profitable years in a row build equity to €173k.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 10 days late
2019
31-12
Financial
Weakest financial yearnet €23k ▼25.5%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
Show earlier events
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 1998
Ground area
1,373 m²
Building footprint
1,354 m²
Parcel 25112B0045/00N000, Wallonia. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Avenue Vésale 8, 1300 Wavre
since 19982.024.055.349
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0045/00N000 | Wallonia | 1,373 m² | 1 · 1,354 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded30-12-1983
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.