AR&VB
ActiveSummary
AR&VB has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,701 and a net result of €13,715. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 7524 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+27
Solvency62▲+29
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 0.13 in 2024; short-term debt: 36.2% and cash: 7.1% of total assets), and 62.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
37.4%
Return on assets
30.7%
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
125 d early
2023
125 d early
2022
42 d early
2021
39 d early
2020
36 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 69 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€16,701▲ 459%
2024 · €2,986
Total assets
€44,655▲ 23.6%
2024 · €36,132
Net result
€13,715▲ 1,055%
2024 · €1,187
Working capital
€3,768
2024 · -€15,284
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
Line20212022202320242025
Operating result€1,128▼ 73.3%€25,999▲ 2,204%-€3,741€2,606€22,086▲ 748%
Net result€493▼ 84.8%€17,957▲ 3,540%-€3,781€1,187€13,715▲ 1,055%
Equity€8,542▲ 6.1%€24,899▲ 191%€19,258▼ 22.7%€2,986▼ 84.5%€16,701▲ 459%
Total assets€37,065▲ 32.3%€44,904▲ 21.2%€26,903▼ 40.1%€36,132▲ 34.3%€44,655▲ 23.6%
Debt€28,523▲ 42.9%€20,006▼ 29.9%€7,645▼ 61.8%€33,146▲ 334%€27,954▼ 15.7%
Working capital-€3,896▲ 51.9%€4,926€2,296▼ 53.4%-€15,284€3,768
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 748% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,655
Fixed assets
€24,737 ▼ 26.7%
Current assets
€19,918 ▲ 743%
Equity and liabilities €44,655
Equity
€16,701 ▲ 459%
Debt
€27,954 ▼ 15.7%
Debt's share of the balance-sheet total falls from 91.7% to 62.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,128▲
2024 · €12,043
Cash flow
€24,756▲
2024 · €10,625
Current ratio
1.23▲
2024 · 0.13
Debt to equity
1.67▼
2024 · 11.10
ROE
82.1%▲
2024 · 39.8%
ROA
30.7%▲
2024 · 3.3%
Interest coverage
27.80▲
2024 · 12.04
Debt ≤ 1 year
€16,150▼
2024 · €17,646
Debt > 1 year
€11,804▼
2024 · €15,500
Income taxes
€7,334▲
2024 · €425
Staff costs
€0▲
2024 · -€297
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | -€297 | €0 | ▲ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,963 | €5,908 | €5,751 | €9,437 | €11,041 | ▲ 17.0% |
| Other operating charges640/8 | €795 | €744 | €664 | €1,548 | €1,603 | ▲ 3.5% |
| Gross operating margin9900 | €7,887 | €32,650 | €2,675 | €13,295 | €34,731 | ▲ 161% |
| Operating profit (loss)9901 | €1,128 | €25,999 | -€3,741 | €2,606 | €22,086 | ▲ 748% |
| Financial income75/76B | €275 | €428 | €658 | €7 | €154 | ▲ 2,198% |
| Recurring financial income75 | €275 | €428 | €658 | €7 | €154 | ▲ 2,198% |
| Financial charges65/66B | €377 | €341 | €245 | €1,001 | €1,192 | ▲ 19.1% |
| Recurring financial charges65 | €377 | €341 | €245 | €1,001 | €1,192 | ▲ 19.1% |
| Profit (loss) for the period before taxes9903 | €1,027 | €26,085 | -€3,328 | €1,612 | €21,049 | ▲ 1,206% |
| Income taxes67/77 | €533 | €8,129 | €453 | €425 | €7,334 | ▲ 1,627% |
| Profit (loss) for the period9904 | €493 | €17,957 | -€3,781 | €1,187 | €13,715 | ▲ 1,055% |
| Profit (loss) for the period to be appropriated9905 | €493 | €17,957 | -€3,781 | €1,187 | €13,715 | ▲ 1,055% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,065 | €44,904 | €26,903 | €36,132 | €44,655 | ▲ 23.6% |
| Fixed assets21/28 | €26,802 | €22,713 | €16,962 | €33,770 | €24,737 | ▼ 26.7% |
| Tangible fixed assets22/27 | €25,802 | €21,713 | €15,962 | €32,770 | €23,737 | ▼ 27.6% |
| Land and buildings22 | €6,775 | €5,602 | €4,429 | €0 | - | - |
| Plant, machinery and equipment23 | €19,027 | €16,111 | €11,533 | €6,954 | €2,505 | ▼ 64.0% |
| Furniture and vehicles24 | - | - | - | - | €1,838 | - |
| Other tangible fixed assets26 | - | - | - | €25,816 | €19,394 | ▼ 24.9% |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €10,263 | €22,191 | €9,941 | €2,362 | €19,918 | ▲ 743% |
| Amounts receivable within one year40/41 | €8,509 | €20,588 | €8,962 | €1,274 | €16,769 | ▲ 1,217% |
| Trade receivables40 | €4,936 | - | €1,093 | €970 | €11,186 | ▲ 1,053% |
| Other amounts receivable41 | €3,573 | €20,588 | €7,869 | €304 | €5,583 | ▲ 1,738% |
| Cash at bank and in hand54/58 | €1,701 | €1,603 | €978 | €1,088 | €3,149 | ▲ 189% |
| Deferred charges and accrued income490/1 | €53 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,065 | €44,904 | €26,903 | €36,132 | €44,655 | ▲ 23.6% |
| Equity10/15 | €8,542 | €24,899 | €19,258 | €2,986 | €16,701 | ▲ 459% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €2,000 | €2,000 | = |
| Reserves13 | €1,860 | €6,299 | €4,439 | €4,439 | €14,701 | ▲ 231% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €4,439 | €4,439 | €4,439 | €14,701 | ▲ 231% |
| Profit (loss) carried forward14 | -€11,918 | - | -€3,781 | -€3,452 | €0 | ▲ 100% |
| Amounts payable17/49 | €28,523 | €20,006 | €7,645 | €33,146 | €27,954 | ▼ 15.7% |
| Amounts payable after more than one year17 | €7,364 | €2,741 | - | €15,500 | €11,804 | ▼ 23.8% |
| Financial debts170/4 | €7,364 | €2,741 | - | €15,500 | €11,804 | ▼ 23.8% |
| Amounts payable within one year42/48 | €14,159 | €17,265 | €7,645 | €17,646 | €16,150 | ▼ 8.5% |
| Current portion of amounts payable after more than one year42 | €4,531 | €4,624 | €2,741 | €4,241 | €7,269 | ▲ 71.4% |
| Trade debts44 | €2,033 | €2,913 | €1,791 | €1,297 | €1,815 | ▲ 40.0% |
| Suppliers440/4 | €2,033 | €2,913 | €1,791 | €1,297 | €1,815 | ▲ 40.0% |
| Advances received on contracts in progress46 | - | - | €800 | €0 | - | - |
| Taxes, remuneration and social security45 | €7,594 | €8,129 | €453 | €48 | €7,066 | ▲ 14,765% |
| Taxes450/3 | €533 | €8,129 | €453 | €48 | €4,916 | ▲ 10,242% |
| Remuneration and social security454/9 | €7,061 | - | - | - | €2,150 | - |
| Other amounts payable47/48 | - | €1,600 | €1,860 | €12,060 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €7,000 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €493 | €17,957 | -€3,781 | €1,187 | €13,715 | ▲ 1,055% |
| + Depreciation and write-downs630 | €5,963 | €5,908 | €5,751 | €9,437 | €11,041 | ▲ 17.0% |
| Operating cash flow (approximation) | €6,457 | €23,865 | €1,971 | €10,625 | €24,756 | ▲ 133% |
| Investment in fixed assets (approximation) | - | -€1,819 | €0 | -€26,246 | -€2,008 | ▲ 92.3% |
| Change in cash | - | -€98 | -€624 | €110 | €2,061 | ▲ 1,779% |
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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 9current ratio 1.23
Current ratio from 0.13 to 1.23; short-term debt falls from €17,646 to €16,150.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1,187
Net result €1,187 after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€3,781
Net result drops to -€3,781, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €17,957 ▲3,540%
Operating result €25,999, net result €17,957, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3,241
Net result €3,241 after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Wijnegem · 1 establishment unit since 2007
Ground area
1,876 m²
Building footprint
176 m²
Volume, LiDAR
786 m³
Parcel 11050B0279/00N009, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AR&VB
since 20072.163.767.023
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0279/00N009 | Flanders | 1,876 m² | 1 · 176 m² | 7.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,534 EUR awarded · 2,534 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,534 EUR | 2,534 EUR |
Schemes
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 11,024 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
43350Other building finishing work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.