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AR Elektro

Active
Private limited companyfounded 20178 yrs activeVondelstraat 87, 9280 Lebbeke, BelgiumKBO/BCE: BE 0683.789.919

AR Elektro has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €43k. Equity is growing by ~74.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
93 / 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 1.98 in 2024), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68.1%
Return on assets
18.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
22 d early
2024
39 d early
2023
41 d early
2022
34 d early
2021
6 d early
2020
9 d early
2019
23 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€158k▲ 37.3%
2024 · €115k
2019: €8k 2020: €8k 2021: €9k 2022: €24k 2023: €70k 2024: €115k
2019 → 2025
Total assets
€231k▲ 13.2%
2024 · €205k
2019: €50k 2020: €70k 2021: €61k 2022: €71k 2023: €117k 2024: €205k
2019 → 2025
Net result
€43k▼ 5.6%
2024 · €45k
2019: €1k 2020: €368 2021: €876 2022: €15k 2023: €45k 2024: €45k
2019 → 2025
Working capital
€116k▲ 67.3%
2024 · €69k
2019: €6k 2020: €4k 2021: €9k 2022: €28k 2023: €61k 2024: €69k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€9k-€24k▲ 175%€70k▲ 187%€115k▲ 65.2%€158k▲ 37.3%
Operating result€2k-€23k▲ 1,013%€63k▲ 171%€63k▼ 0.3%€60k▼ 5.1%
Net result€876-€15k▲ 1,664%€45k▲ 193%€45k▲ 0.1%€43k▼ 5.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €2k€2kNet result 2021: €876€876Operating result 2022: €23k€23kNet result 2022: €15k€15kOperating result 2023: €63k€63kNet result 2023: €45k€45kOperating result 2024: €63k€63kNet result 2024: €45k€45kOperating result 2025: €60k€60kNet result 2025: €43k€43k20212022202320242025
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets €52k▼ 18.4%
Current assets €179k▲ 27.7%
Equity and liabilities €231k
Equity €158k▲ 37.3%
Debt €74k▼ 17.7%
The debt ratio falls from 43.8% to 31.9%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€74k
2024 · €74k
Cash flow
€57k
2024 · €56k
Solvency
68.1%
2024 · 56.2%
Current ratio
2.84
2024 · 1.98
Quick ratio
2.61
2024 · 1.83
Debt / equity
0.47
2024 · 0.78
ROE
27.1%
2024 · 39.5%
ROA
18.5%
2024 · 22.2%
Interest coverage
68.66
2024 · 51.73
Debt
€74k
2024 · €90k
Debt ≤ 1 year
€63k
2024 · €71k
Debt > 1 year
€11k
2024 · €19k
Income taxes
€16k
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€205k€231k
Fixed assets21/28€64k€52k
Tangible fixed assets22/27€64k€52k
Plant, machinery and equipment23€8k€4k
Furniture and vehicles24€43k€31k
Other tangible fixed assets26€13k€17k
Financial fixed assets28€30€30=
Current assets29/58€140k€179k
Stocks and contracts in progress3€11k€15k
Stocks30/36€11k€15k
Amounts receivable within one year40/41€21k€50k
Trade receivables40€9k€30k
Other amounts receivable41€12k€20k
Cash at bank and in hand54/58€97k€83k
Deferred charges and accrued income490/1€12k€32k
Equity and liabilities
Total equity and liabilities10/49€205k€231k
Equity10/15€115k€158k
Contributions10/11€6k€6k=
Reserves13€109k€152k
Distributable reserves133€109k€152k
Amounts payable17/49€90k€74k
Amounts payable after more than one year17€19k€11k
Financial debts170/4€19k€11k
Amounts payable within one year42/48€71k€63k
Current portion of amounts payable after more than one year42€8k€8k
Trade debts44€60k€47k
Suppliers440/4€60k€47k
Taxes, remuneration and social security45€3k€8k
Taxes450/3€3k€8k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k
Other operating charges640/8€2k€1k
Gross operating margin9900€75k€75k
Operating profit (loss)9901€63k€60k
Financial income75/76B€12€160
Recurring financial income75€12€160
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€62k€59k
Income taxes67/77€16k€16k
Profit (loss) for the period9904€45k€43k
Profit (loss) for the period to be appropriated9905€45k€43k
Appropriation of the result
Profit (loss) to be appropriated9906€45k€43k
Transfer to equity691/2€45k€43k
To other reserves6921€45k€43k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
09-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Equity above €150kEq €158k ▲37.3%
7 profitable years in a row build equity to €158k.
2024
23-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Highest result since 2019net €45k ▲0.1%
Net result €45k, the highest in the series.
30-06
Financial Equity above €100kEq €115k ▲65.2%
6 profitable years in a row build equity to €115k.
2023
21-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
28-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
25-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet €368 ▼73%
Net result drops to €368, the lowest in the series; recovery starts the following year.
08-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Lebbeke · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vondelstraat 879280 Lebbeke
Ground area
2,002 m²
Building footprint
127 m²
Volume, LiDAR
849 m³
Parcel 42011A0020/00N000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AR Solar
Vondelstraat 87, 9280 LebbekeGeneral electrical installation work
since 20172.270.087.733
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42011A0020/00N000 Flanders 2,002 m² 1 · 127 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,519 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-10-2017
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
E-mail:info@aaboekhoudkantoor.be
Establishment Lebbeke 2.270.087.733
Phone:037765351
Establishment Lebbeke 2.270.087.733
Fax:037765350
Establishment Lebbeke 2.270.087.733