ARBATI CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ARBATI CONSTRUCT is 4.7% (elevated). The 2024 annual accounts show equity of €15k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency68▲+33
Growth32=
Track record94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.74 against 1.11 in 2023; short-term debt: 57.4% and cash: 16.1% of total assets), but 57.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
42.6%
Return on assets
26.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
1 d early
2022
33 d early
2021
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Equity
€15k▲ 169%
2023 · €5k
Total assets
€34k▼ 38.6%
2023 · €55k
Net result
€9k
2023 · €-21k
Working capital
€15k▲ 169%
2023 · €5k
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
Line2021202220232024
Operating result€16k-€10k▼ 36.9%€-21k€12k
Net result€12k-€10k▼ 22.5%€-21k€9k
Equity€17k-€27k▲ 55.0%€5k▼ 79.9%€15k▲ 169%
Total assets€66k-€104k▲ 58.9%€55k▼ 46.9%€34k▼ 38.6%
Debt€48k-€78k▲ 60.3%€50k▼ 35.5%€20k▼ 60.9%
Working capital€17k-€27k▲ 55.0%€5k▼ 79.9%€15k▲ 169%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €12k after a loss of €21k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €34k
Equity
€15k ▲ 169%
Debt
€20k ▼ 60.9%
Debt's share of the balance-sheet total falls from 90.3% to 57.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.74▲
2023 · 1.11
Debt to equity
1.35▼
2023 · 9.29
ROE
62.9%▲
2023 · -396.9%
ROA
26.8%▲
2023 · -38.6%
Debt ≤ 1 year
€20k▼
2023 · €50k
Income taxes
€2k
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 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | €34 | - | €1k | - |
| Gross operating margin9900 | €16k | €10k | €-21k | €14k | ▲ 166% |
| Operating profit (loss)9901 | €16k | €10k | €-21k | €12k | ▲ 161% |
| Financial income75/76B | €60 | €92 | €20 | - | - |
| Recurring financial income75 | €60 | €92 | €20 | - | - |
| Financial charges65/66B | €118 | €626 | €873 | €854 | ▼ 2.2% |
| Recurring financial charges65 | €118 | €626 | €873 | €854 | ▼ 2.2% |
| Profit (loss) for the period before taxes9903 | €16k | €10k | €-21k | €12k | ▲ 154% |
| Income taxes67/77 | €4k | - | - | €2k | - |
| Profit (loss) for the period9904 | €12k | €10k | €-21k | €9k | ▲ 143% |
| Profit (loss) for the period to be appropriated9905 | €12k | €10k | €-21k | €9k | ▲ 143% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €66k | €104k | €55k | €34k | ▼ 38.6% |
| Current assets29/58 | €66k | €104k | €55k | €34k | ▼ 38.6% |
| Amounts receivable within one year40/41 | €16k | €15k | €31k | €29k | ▼ 8.6% |
| Trade receivables40 | €10k | €7k | €17k | €20k | ▲ 18.2% |
| Other amounts receivable41 | €6k | €8k | €14k | €8k | ▼ 41.6% |
| Cash at bank and in hand54/58 | €20k | €10k | €24k | €5k | ▼ 77.3% |
| Deferred charges and accrued income490/1 | €30k | €79k | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €66k | €104k | €55k | €34k | ▼ 38.6% |
| Equity10/15 | €17k | €27k | €5k | €15k | ▲ 169% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €12k | €22k | €392 | €10k | ▲ 2,328% |
| Amounts payable17/49 | €48k | €78k | €50k | €20k | ▼ 60.9% |
| Amounts payable within one year42/48 | €48k | €78k | €50k | €20k | ▼ 60.9% |
| Trade debts44 | €45k | €74k | €46k | €16k | ▼ 65.6% |
| Suppliers440/4 | €45k | €74k | €46k | €16k | ▼ 65.6% |
| Taxes, remuneration and social security45 | €4k | €4k | €4k | €4k | = |
| Taxes450/3 | €4k | €4k | €4k | €4k | = |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €10k | €-21k | €9k | ▲ 143% |
| Operating cash flow (approximation) | €12k | €10k | €-21k | €9k | ▲ 143% |
| Change in cash | - | €-10k | €14k | €-19k | ▼ 234% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2021
Ground area
582 m²
Building footprint
483 m²
Volume, LiDAR
3,317 m³
Parcel 21001A0572/00K003, Brussels · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARBATI CONSTRUCT
since 20212.313.866.902
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0572/00K003 | Brussels | 582 m² | 1 · 483 m² | 10.3 m · 3 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 4,741 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
Founded26-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
43350Other building finishing work
Contact
E-mail
arjomagomes@gmail.com
Phone
0477/200341
Scores and ratios are computed by Checked and are not a credit decision.