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ARBI

Active
Public limited companyfounded 198739 yrs activeEndepoelstraat(LUB) 5, 3210 Lubbeek, BelgiumKBO/BCE: BE 0431.267.542
Summary

ARBI has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€23,970. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability12▼-43
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
cash: 5.7% of total assets, and 0% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
-1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
92 d late
2023
20 d late
2022
120 d late
2021
2 d early
2020
3 d late
2019
118 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 55 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 31 August (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 May 1987, ARBI was incorporated.1 Total assets went from EUR 2.1 million in 2018 to EUR 2.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€22,680
EBIT margin
-116.4%
Net result
-€23,970▼ 14.1%
2024 · -€20,999
Working capital
€2.1m▼ 1.1%
2022 · €2.1m
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
Turnover€22,680
Operating result-€26,318▲ 74.0%-€14,823▲ 43.7%-€27,114▼ 82.9%-€23,648▲ 12.8%-€26,404▼ 11.7%
Net result-€10,385-€17,802▼ 71.4%-€27,159▼ 52.6%-€20,999▲ 22.7%-€23,970▼ 14.1%
EBIT margin-116.4%
Equity€3.5m▼ 0.3%€2.2m▼ 37.6%€2.2m▼ 1.2%€2.1m▼ 1.0%€2.1m▼ 1.1%
Total assets€3.5m▼ 4.3%€2.2m▼ 37.6%€2.2m▼ 1.3%€2.1m▼ 1.0%€2.1m▼ 1.2%
Debt€2,524▼ 98.3%€4,045▲ 60.3%€3,620▼ 10.5%€2,479▼ 31.5%
Working capital€3.4m▼ 1.3%€2.1m▼ 39.0%€2.1m▼ 1.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€26,318-€26,318Net result 2021: -€10,385-€10,385Operating result 2022: -€14,823-€14,823Net result 2022: -€17,802-€17,802Operating result 2023: -€27,114-€27,114Net result 2023: -€27,159-€27,159Operating result 2024: -€23,648-€23,648Net result 2024: -€20,999-€20,999Operating result 2025: -€26,404-€26,404Net result 2025: -€23,970-€23,97020212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€27,114-€27,100Net result 2023: -€27,159-€27,200Operating result 2024: -€23,648-€23,600Net result 2024: -€20,999-€21,000Operating result 2025: -€26,404-€26,400Net result 2025: -€23,970-€24,000202320242025
The operating result stays negative: a loss of €26,404 in 2025 against €23,648 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets €48,687 ▼ 32.9%
Current assets €2.1m ▼ 0.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,555▼
2024 · €201
Cash flow
-€121▼
2024 · €2,850
Solvency
100.0%▲
2024 · 99.9%
ROE
-1.1%▼
2024 · -1.0%
ROA
-1.1%▼
2024 · -1.0%
Interest coverage
-56.78▼
2024 · 4.47
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.1m€2.1m▼
Fixed assets21/28€72,536€48,687▼
Tangible fixed assets22/27€72,536€48,687▼
Land and buildings22€72,536€48,687▼
Current assets29/58€2.1m€2.1m▼
Amounts receivable after more than one year29€1.7m€1.7m=
Other amounts receivable291€1.7m€1.7m=
Amounts receivable within one year40/41€241,470€241,470=
Trade receivables40€241,470-
Other amounts receivable41-€241,470
Cash at bank and in hand54/58€122,595€119,995▼
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.1m▼
Equity10/15€2.1m€2.1m▼
Contributions10/11€585,000€585,000=
Capital10€585,000€585,000=
Issued capital100€585,000€585,000=
Reserves13€760,000€760,000=
Non-distributable reserves130/1€160,000€160,000=
Legal reserve130€160,000€160,000=
Distributable reserves133€600,000€600,000=
Profit (loss) carried forward14€789,861€765,891▼
Amounts payable17/49€2,479-
Accrued charges and deferred income492/3€2,479-
Income statement Code20242025
Turnover70-€22,680
Goods, raw materials, services and sundry goods60/61-€9,162
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,849€23,849=
Other operating charges640/8€15,583€16,073▲
Gross operating margin9900€15,784€13,518▼
Operating profit (loss)9901-€23,648-€26,404▼
Financial income75/76B€2,694€2,479▼
Recurring financial income75€2,694€2,479▼
Non-recurring financial income76B€2,694€2,479▼
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€20,999-€23,970▼
Profit (loss) for the period9904-€20,999-€23,970▼
Profit (loss) for the period to be appropriated9905-€20,999-€23,970▼
Appropriation of the result
Profit (loss) to be appropriated9906€789,861€765,891▼
Profit (loss) brought forward from the previous period14P€810,860€789,861▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70----€22,680-
Goods, raw materials, services and sundry goods60/61----€9,162-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,294€15,294€27,622€23,849€23,849=
Other operating charges640/8€13,340€13,665€14,976€15,583€16,073▲ 3.1%
Gross operating margin9900€2,316€14,136€15,484€15,784€13,518▼ 14.4%
Operating profit (loss)9901-€26,318-€14,823-€27,114-€23,648-€26,404▼ 11.7%
Financial income75/76B€37,331--€2,694€2,479▼ 8.0%
Recurring financial income75€37,331--€2,694€2,479▼ 8.0%
Non-recurring financial income76B---€2,694€2,479▼ 8.0%
Financial charges65/66B€917€114€45€45€45=
Recurring financial charges65€917€114€45€45€45=
Profit (loss) for the period before taxes9903€10,096-€14,937-€27,159-€20,999-€23,970▼ 14.1%
Income taxes67/77€20,481€2,865----
Profit (loss) for the period9904-€10,385-€17,802-€27,159-€20,999-€23,970▼ 14.1%
Profit (loss) for the period to be appropriated9905-€10,385-€17,802-€27,159-€20,999-€23,970▼ 14.1%
Line20212022202320242025Change
Assets
Total assets20/58€3.5m€2.2m€2.2m€2.1m€2.1m▼ 1.2%
Fixed assets21/28€68,876€92,229€87,597€72,536€48,687▼ 32.9%
Tangible fixed assets22/27€68,876€92,229€87,597€72,536€48,687▼ 32.9%
Land and buildings22€68,876€92,229€87,597€72,536€48,687▼ 32.9%
Current assets29/58€3.4m€2.1m€2.1m€2.1m€2.1m▼ 0.1%
Amounts receivable after more than one year29€1.2m€1.7m€1.7m€1.7m€1.7m=
Other amounts receivable291€1.2m€1.7m€1.7m€1.7m€1.7m=
Amounts receivable within one year40/41€1.5m€196,106€218,788€241,470€241,470=
Trade receivables40€173,424€196,106€218,788€241,470--
Other amounts receivable41€1.3m---€241,470-
Cash at bank and in hand54/58€749,528€200,000€152,356€122,595€119,995▼ 2.1%
Deferred charges and accrued income490/1-€22,990----
Equity and liabilities
Total equity and liabilities10/49€3.5m€2.2m€2.2m€2.1m€2.1m▼ 1.2%
Equity10/15€3.5m€2.2m€2.2m€2.1m€2.1m▼ 1.1%
Contributions10/11€1.9m€585,000€585,000€585,000€585,000=
Capital10€1.9m€585,000€585,000€585,000€585,000=
Issued capital100€1.9m€585,000€585,000€585,000€585,000=
Reserves13€600,000€760,000€760,000€760,000€760,000=
Non-distributable reserves130/1€160,000€160,000€160,000€160,000€160,000=
Legal reserve130€160,000€160,000€160,000€160,000€160,000=
Distributable reserves133€440,000€600,000€600,000€600,000€600,000=
Profit (loss) carried forward14€1.0m€838,019€810,860€789,861€765,891▼ 3.0%
Amounts payable17/49€2,524€4,045€3,620€2,479--
Amounts payable within one year42/48€2,524€2,694€2,824---
Trade debts44--€130---
Suppliers440/4--€130---
Taxes, remuneration and social security45€2,524€2,694€2,694---
Taxes450/3€2,524€2,694€2,694---
Accrued charges and deferred income492/3-€1,351€796€2,479--
Line20212022202320242025Change
Profit (loss) for the period9904-€10,385-€17,802-€27,159-€20,999-€23,970▼ 14.1%
+ Depreciation and write-downs630€15,294€15,294€27,622€23,849€23,849=
Operating cash flow (approximation)€4,909-€2,508€463€2,850-€121▼ 104%
Investment in fixed assets (approximation)--€38,647-€22,990-€8,788€0▲ 100%
Change in cash--€549,528-€47,644-€29,761-€2,600▲ 91.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
20-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial Weakest financial yearnet -€27,159
Net result drops to -€27,159, the lowest in the series; recovery starts the following year.
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity times 56current ratio 1360.72
Current ratio from 24.17 to 1360.72; short-term debt falls from €150,043 to €2,524.
03-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial Highest result since 2018net €1.4m ▲17,197%
Net result €1.4m, the highest in the series.
26-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 118 days late
2019
06-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 98 days late
2018
05-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 97 days late
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Lubbeek · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
3,230 m²
Volume, LiDAR
18,188 m³
Parcel 24063B0182/00X004, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Endepoelstraat(LUB) 5, 3210 Lubbeek
NACE 70201
since 19872.029.459.932
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24063B0182/00X004 Flanders 1.2 ha 1 · 3,230 m² 8.5 m · 2 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.

Identification & contact

Identification
Legal formPublic limited company
Founded22-05-1987
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.