ARBEJDSGLAEDE
ActiveARBEJDSGLAEDE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €71k and a net result of €-43k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 3873 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2023
Axes · tick = 2022
Profitability0▼-100
Solvency97▼-3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 2.22 against 3.33 in 2022), and 44.5% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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 2023Solvency, return and age of the figures
Solvency
55.5%
Return on assets
-33.7%
Age of the figures
32 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline08-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-11-2024, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
119 d late
2022
485 d late
2021
200 d late
2020
22 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€71k▼ 37.8%
2022 · €115k
2018: €16k
2019: €30k
2020: €49k
2021: €59k
2022: €115k
2018 → 2023
Total assets
€129k▼ 21.1%
2022 · €163k
2018: €24k
2019: €62k
2020: €97k
2021: €105k
2022: €163k
2018 → 2023
Net result
€-43k
2022 · €56k
2018: €6k
2019: €14k
2020: €19k
2021: €10k
2022: €56k
2018 → 2023
Working capital
€70k▼ 37.9%
2022 · €113k
2018: €15k
2019: €29k
2020: €45k
2021: €62k
2022: €113k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€30k-€49k▲ 60.8%€59k▲ 19.8%€115k▲ 95.7%€71k▼ 37.8%
Operating result€20k-€26k▲ 27.6%€13k▼ 49.4%€76k▲ 487%€-42k
Net result€14k-€19k▲ 28.8%€10k▼ 47.7%€56k▲ 480%€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €42k after €76k in 2022, the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €129k
Fixed assets
€1k▼ 35.2%
Current assets
€127k▼ 20.9%
Equity and liabilities €129k
Equity
€71k▼ 37.8%
Debt
€57k▲ 18.6%
The debt ratio rises from 29.6% to 44.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-42k▼
2022 · €77k
Cash flow
€-43k▼
2022 · €57k
Solvency
55.5%▼
2022 · 70.4%
Current ratio
2.22▼
2022 · 3.33
Quick ratio
2.22▼
2022 · 3.33
Debt / equity
0.80▲
2022 · 0.42
ROE
-60.8%▼
2022 · 48.9%
ROA
-33.7%▼
2022 · 34.4%
Interest coverage
-53.93▼
2022 · 116.24
Debt
€57k▲
2022 · €48k
Debt ≤ 1 year
€57k▲
2022 · €48k
Income taxes
€133▼
2022 · €19k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€163k€129k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€560€448▼
Furniture and vehicles24€2k€965▼
Current assets29/58€161k€127k▼
Amounts receivable within one year40/41€144k€127k▼
Trade receivables40€63k€44k▼
Other amounts receivable41€81k€84k▲
Cash at bank and in hand54/58€17k€2▼
Equity and liabilities
Total equity and liabilities10/49€163k€129k▼
Equity10/15€115k€71k▼
Contributions10/11€10k€10k=
Reserves13€105k€61k▼
Non-distributable reserves130/1€1k€0▼
Reserves not available under the articles1311€1k€0▼
Distributable reserves133€103k€61k▼
Amounts payable17/49€48k€57k▲
Amounts payable within one year42/48€48k€57k▲
Financial debts43-€40
Credit institutions430/8-€40
Trade debts44€9k€38k▲
Suppliers440/4€9k€38k▲
Taxes, remuneration and social security45€40k€19k▼
Taxes450/3€37k€19k▼
Remuneration and social security454/9€3k€0▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€980€769▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€80k€-39k▼
Operating profit (loss)9901€76k€-42k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€664€774▲
Recurring financial charges65€664€774▲
Profit (loss) for the period before taxes9903€76k€-43k▼
Income taxes67/77€19k€133▼
Profit (loss) for the period9904€56k€-43k▼
Profit (loss) for the period to be appropriated9905€56k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€-43k▼
Profit (loss) brought forward from the previous period14P€38k€0▼
Transfer from equity791/2-€43k
Transfer to equity691/2€94k€0▼
To other reserves6921€94k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 485 days late
2023
31-12
Financial
Weakest financial yearnet €-43k ▼177%
Net result drops to €-43k, the lowest in the series.
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 200 days late
2022
31-12
Financial
Highest result since 2018net €56k ▲480%
Operating result €76k, net result €56k, both a record.
31-12
Financial
Equity above €100kEq €115k ▲95.7%
5 profitable years in a row build equity to €115k.
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Niklaas · 1 establishment unit since 2017
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.
Breedstraat 499100 Sint-NiklaasGround area
175 m²
Building footprint
90 m²
Volume, LiDAR
500 m³
Parcel 46445D1495/00C002, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ARBEJDSGLAEDE
since 20172.270.630.438
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1495/00C002 | Flanders | 175 m² | 1 · 89 m² | 10.7 m · 1 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.
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Of 6,290 companies in sector 74120 we hold annual accounts for 1,001. 847 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-11-2017
Fiscal year end31-12
Trade name NL
BESLOTEN VENNOOTSCHAP MET BEPERKTE AANSPRAKELIJKHEID
Activities, NACEBEL
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
59209Motion picture, video and television programme production, sound recording and music publishing activities
62010Computer programming, consultancy and related activities
62020IT consultancy
62030Computer programming, consultancy and related activities
62100Computer programming
62200Computer consultancy and computer facilities management
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.