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AR BUTT

Active
Private limited companyfounded 201412 yrs activeJachtlaan 133/135, 1040 Etterbeek, BelgiumKBO/BCE: BE 0558.961.015
Summary

The computed 12-month bankruptcy probability of AR BUTT is 16.9% (high). The 2024 annual accounts show negative equity (€-27k) and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth29=
Track record92
Bankruptcy probability, 12 months
16.9% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-27k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
57 d late
2023
31 d late
2022
32 d late
2021
92 d late
2020
27 d late
2019
19 d late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Financials · fiscal year 2024, micro schema

Turnover
€54k▼ 3.7%
2018 · €57k
EBIT margin
0.4%▲ 0.1pp
2018 · 0.3%
Net result
€-6k▲ 73.9%
2023 · €-23k
Working capital
€-27k▼ 27.5%
2023 · €-21k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover
Operating result€-15k€1k€582▼ 45.9%€-23k€-6k▲ 74.1%
Net result€-15k€648€534▼ 17.6%€-23k€-6k▲ 73.9%
EBIT margin
Equity€-25€623€1k▲ 85.7%€-21k€-27k▼ 27.5%
Total assets€11k▼ 29.6%€13k▲ 12.4%€15k▲ 16.6%€6k▼ 61.4%€126▼ 97.8%
Debt€11k▲ 679%€12k▲ 6.7%€14k▲ 13.1%€27k▲ 99.4%€28k▲ 1.2%
Working capital€-25€623€1k▲ 85.7%€-21k€-27k▼ 27.5%
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2020: €-15k€-15kNet result 2020: €-15k€-15kOperating result 2021: €1k€1kNet result 2021: €648€648Operating result 2022: €582€582Net result 2022: €534€534Operating result 2023: €-23k€-23kNet result 2023: €-23k€-23kOperating result 2024: €-6k€-6kNet result 2024: €-6k€-6k20202021202220232024€-30k€-20k€-10k€0Operating result 2022: €582€582Net result 2022: €534€534Operating result 2023: €-23k€-23kNet result 2023: €-23k€-23kOperating result 2024: €-6k€-5.9kNet result 2024: €-6k€-5.9k202220232024
The operating result stays negative: a loss of €6k in 2024 against €23k in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€28k▲
2023 · €27k
Staff costs
€2k▼
2023 · €43k
Ratios withheld: a balance sheet total of €126 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€6k€126▼
Current assets29/58€6k€126▼
Amounts receivable within one year40/41€4k-
Trade receivables40€4k-
Cash at bank and in hand54/58€2k€126▼
Equity and liabilities
Total equity and liabilities10/49€6k€126▼
Equity10/15€-21k€-27k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€-40k€-46k▼
Amounts payable17/49€27k€28k▲
Amounts payable within one year42/48€27k€28k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€23k€8k▼
Taxes450/3€7k€1k▼
Remuneration and social security454/9€16k€6k▼
Other amounts payable47/48-€18k
Income statement Code20232024
Remuneration, social security and pensions62€43k€2k▼
Other operating charges640/8€534€5k▲
Gross operating margin9900€21k€1k▼
Operating profit (loss)9901€-23k€-6k▲
Financial charges65/66B€34€52▲
Recurring financial charges65€34€52▲
Profit (loss) for the period before taxes9903€-23k€-6k▲
Profit (loss) for the period9904€-23k€-6k▲
Profit (loss) for the period to be appropriated9905€-23k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-46k▼
Profit (loss) brought forward from the previous period14P€-17k€-40k▼
Line20202021202220232024Change
Remuneration, social security and pensions62-€10k€24k€43k€2k▼ 95.4%
Other operating charges640/8-€810€147€534€5k▲ 884%
Gross operating margin9900€-4k€12k€25k€21k€1k▼ 93.5%
Operating profit (loss)9901€-15k€1k€582€-23k€-6k▲ 74.1%
Financial charges65/66B-€429€49€34€52▲ 54.8%
Recurring financial charges65€68€429€49€34€52▲ 54.8%
Profit (loss) for the period before taxes9903€-15k€648€534€-23k€-6k▲ 73.9%
Profit (loss) for the period9904€-15k€648€534€-23k€-6k▲ 73.9%
Profit (loss) for the period to be appropriated9905€-15k€648€534€-23k€-6k▲ 73.9%
Line20202021202220232024Change
Assets
Total assets20/58€11k€13k€15k€6k€126▼ 97.8%
Current assets29/58€11k€13k€15k€6k€126▼ 97.8%
Amounts receivable within one year40/41€11k€11k€10k€4k--
Trade receivables40-€11k€10k€4k--
Cash at bank and in hand54/58€164€2k€5k€2k€126▼ 93.3%
Equity and liabilities
Total equity and liabilities10/49€11k€13k€15k€6k€126▼ 97.8%
Equity10/15€-25€623€1k€-21k€-27k▼ 27.5%
Contributions10/11€19k€19k€19k€19k€19k=
Capital10-€19k€19k€19k€19k=
Issued capital100-€19k€19k€19k€19k=
Profit (loss) carried forward14€-19k€-18k€-17k€-40k€-46k▼ 14.7%
Amounts payable17/49€11k€12k€14k€27k€28k▲ 1.2%
Amounts payable within one year42/48€11k€12k€14k€27k€28k▲ 1.2%
Trade debts44€9k€4k€8k€4k€2k▼ 51.7%
Suppliers440/4-€4k€8k€4k€2k▼ 51.7%
Taxes, remuneration and social security45-€8k€5k€23k€8k▼ 66.0%
Taxes450/3-€2k€3k€7k€1k▼ 82.1%
Remuneration and social security454/9-€6k€2k€16k€6k▼ 58.4%
Other amounts payable47/48--€515-€18k-
Line20202021202220232024Change
Profit (loss) for the period9904€-15k€648€534€-23k€-6k▲ 73.9%
Operating cash flow (approximation)€-15k€648€534€-23k€-6k▲ 73.9%
Change in cash-€2k€3k€-3k€-2k▲ 48.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
01-12
KBO administration Address struck
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial Back to profitnet €648
Net result €648 after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
19-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
31-12
Financial Liquidity times 6current ratio 11.03
Current ratio from 1.78 to 11.03; short-term debt falls from €3k to €1k.
19-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
15-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 76 days late
2017
29-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 151 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Etterbeek
exact location from the address register On OpenStreetMap
Ground area
75 m²
Building footprint
63 m²
Volume, LiDAR
859 m³
Parcel 21364B0183/00H003, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21364B0183/00H003 Brussels 75 m² 1 · 63 m² 17.8 m · 5 fl.
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
Founded12-08-2014
Fiscal year end31-12
Legal name NL BUILD & BEYOND SOCIETY
Contact
Phone 0466068134

Scores and ratios are computed by Checked and are not a credit decision.