ARBELUX
ActiveSummary
The computed 12-month bankruptcy probability of ARBELUX is 4.1% (elevated). The 2025 annual accounts show negative equity (€-8k) and a net result of €-8k. Equity is shrinking by ~68.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 11322 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-34
Growth32=
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Age of the figures
Age of the figures
9 mo
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
222425
2022 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
41 d late
2024
on the day
2022
113 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-8k
2024 · €374
2022: €7k
2024: €374
2022 → 2025
Total assets
€1k▼ 70.2%
2024 · €4k
2022: €30k
2024: €4k
2022 → 2025
Net result
€-8k▼ 63.6%
2024 · €-5k
2022: €2k
2024: €-5k
2022 → 2025
Working capital
€-8k▼ 268%
2024 · €-2k
2022: €7k
2024: €-2k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220242025Trend
Equity€7k-€374▼ 95.0%€-8k
Operating result€4k-€-5k€-8k▼ 60.2%
Net result€2k-€-5k€-8k▼ 63.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1k
Fixed assets
€323 ▼ 87.6%
Current assets
€913 ▼ 41.0%
Key figures and ratios
EBITDA
€-6k▼
2024 · €-3k
Cash flow
€-6k▼
2024 · €-3k
Interest coverage
-57.32▼
2024 · -38.45
Debt
€9k▲
2024 · €4k
Debt ≤ 1 year
€9k▲
2024 · €4k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4k€1k▼
Fixed assets21/28€3k€323▼
Tangible fixed assets22/27€3k€323▼
Plant, machinery and equipment23€2k€323▼
Furniture and vehicles24€421-
Current assets29/58€2k€913▼
Amounts receivable within one year40/41€1k€882▼
Trade receivables40-€882
Other amounts receivable41€1k-
Cash at bank and in hand54/58€70€31▼
Equity and liabilities
Total equity and liabilities10/49€4k€1k▼
Equity10/15€374€-8k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-5k€-13k▼
Amounts payable17/49€4k€9k▲
Amounts payable within one year42/48€4k€9k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€273-
Taxes450/3€273-
Other amounts payable47/48-€6k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€85€565▲
Non-recurring operating charges66A-€421
Gross operating margin9900€-3k€-5k▼
Operating profit (loss)9901€-5k€-8k▼
Financial income75/76B€114-
Recurring financial income75€114-
Financial charges65/66B€75€110▲
Recurring financial charges65€75€110▲
Profit (loss) for the period before taxes9903€-5k€-8k▼
Profit (loss) for the period9904€-5k€-8k▼
Profit (loss) for the period to be appropriated9905€-5k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-13k▼
Profit (loss) brought forward from the previous period14P€410€-5k▼
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
Next filing, fiscal year 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
2025
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 113 days late
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, Habay · 1 establishment unit since 2021
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.
Avenue de la Gare 236720 HabayGround area
625 m²
Building footprint
158 m²
Volume, LiDAR
1,304 m³
Parcel 85014A0860/00A002, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARBELUX
since 20212.328.722.154
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85014A0860/00A002 | Wallonia | 625 m² | 1 · 158 m² | 11.1 m · 3 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
AMB SALES
BE 0762.940.434
Sint-Lambrechts-Woluwe · Eq €379
GANICRICE
BE 0776.609.021
Sint-Gillis (bij-Brussel) · Eq €357
Montrosa
BE 0753.696.631
Ukkel · Eq €411
KEB
BE 0816.898.267
Beveren-Kruibeke-Zwijndrecht · Eq €328
Adamo Interiors
BE 0801.051.833
Lier · Eq €318
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 166 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.