Equity
-€1.0m
Debts exceed assets in financial year 2025.
ARBEAL
Part of the group
48 companies in 3 countries
Lifetime
12 annual accounts with figures on one time axispeak €772,073 (2019)
€47,025▲ 42.9%
lowest -€329,298 (2024)
-€8,226▲ €321,071
peak €82,385 (2016)
-€1.0m▼ €8,226
€1.9m▲ 44.4%
peak 16.5 FTE (2022)
-not published
Board9 names since 2014
2 directors and 1 other
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from €32,908 to €47,025Loss of €8,226Registered office moved within Brussels 16-121 director appointed, 1 reappointment 05-08Debts from €1.3m to €1.9m1 establishment registered
Key points
from the 2025 annual accountsLosses
-€981,000 in six years
Every financial year from 2020 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €170,000 estimated
The accounts state no turnover.
Debts
€1.9m 221% of the balance sheet
Financial debts 24%Suppliers 14%Taxes and wages 0%Other 61%
Of this, €1.4m falls due within a year.
Investments
€603,268 14.8 × depreciation
Green is investment, beige is depreciation.
Board
1 left
A director left. Latest change 26-06-2026 · 2 in office.
Net result +98%: other schema
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,215 companies had the same profile as ARBEAL has now. Each dot stands for 4 companies, two years later.
95.6%
were still trading
2.6%
stopped another way
1.1%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,215 companies, not a prediction for ARBEAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director,
Director, since 27-06-2025
- 100%score equity €11.5m (2025) · 2025 annual accounts of
- 100%equity €1.5m (2023) · 30-06-2023 annual accounts of
Recent changes
New establishment in Forest
Globelaan 36
Resignation: (director)
Permanent representative: · General meeting of 26-06-2026 · Gazette deed
Registered office moved within Brussels
New registered office: 26 Rue du Beau Site à 1000 Bruxelles · Previous registered office: Rue Saint-Bernard 1, 1060 Bruxelles · Appointment: (managing director) · General meeting of 18-11-2025 · Gazette deed
New establishment in Charleroi
Rue de la Pépinière 5
Official details
Source: KBO- Status
- Active since 01-04-2014Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- “L'achat,la vente,l'échange,la construction,le reconstruction,la démolition,la transformation,l'exploitation et la location de tous immeubles bâtis,meublés ou…” (deed in French)From the articles, 9 activitiesNo NACE code in the KBO yet
- Joint committee
- 302Hotels and catering · annual accounts 2024
- Establishment units
- 2.362.937.7171000 Brussels, since 01-09-2024
- 2.382.421.1566041 Charleroi, since 05-12-2025and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2024
Annual accounts 2025
- €865,798▲ 202%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Companies linked to ARBEAL
Parent and group
Insights on ARBEAL
ARBEAL files the abbreviated format. That format states no turnover. The gross margin fell from €63,963 in 2014 to €47,025 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARBEAL
- What is the company number of ARBEAL?
- The company number of ARBEAL is 0550.744.818. The VAT number is the same number with BE in front: BE 0550.744.818.
- Where is ARBEAL based?
- The registered office is at Welgelegenstraat 26, 1000 Brussels.Company details
- What is the legal form of ARBEAL?
- ARBEAL is a public limited company (NV).
- When was ARBEAL founded?
- ARBEAL was founded on 01-04-2014.
- Is ARBEAL still active?
- Yes, ARBEAL is an active enterprise in the KBO register.
- How many employees does ARBEAL have?
- ARBEAL had an average of 5.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does ARBEAL fall under?
- In its 2024 annual accounts, ARBEAL states joint committee 302 (Hotels and catering).
- What is the turnover of ARBEAL?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €47,025 and 1,231 comparable companies of the same size. It probably lies between €90,000 and €320,000. It is a rough estimate. In financial year 2024 turnover was €651,253.
- Is ARBEAL profitable?
- In financial year 2025, ARBEAL made a loss of €8,226.
- Where can I find the annual accounts of ARBEAL?
- ARBEAL filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARBEAL due?
- ARBEAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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