ARBM
ActiveThe computed 12-month bankruptcy probability of ARBM is 1.6% (moderate). The 2024 annual accounts show equity of €18k and a net result of €-15k. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 19% of 6714 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
22
/ 100
Critical▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▼-1
Solvency4▼-6
Growth31▼-4
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.59 in 2023), and 93.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
6.1%
Return on assets
-4.9%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€15k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6714 sector peers (2024).
NBB · sector comparisonPosition among 6714 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-11-2025, 114 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
114 d late
2023
56 d late
2022
64 d late
2021
27 d late
2020
12 d late
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€699k▼ 17.3%
2023 · €845k
2018: €768k
2019: €843k
2020: €704k
2021: €887k
2022: €896k
2023: €845k
2018 → 2024
EBIT margin
-1.7%▼ 2.0pp
2023 · 0.3%
2018: 1.3%
2019: -1.2%
2020: 3.6%
2021: -2.8%
2022: 0.1%
2023: 0.3%
2018 → 2024
Net result
€-15k▼ 29,634%
2023 · €-50
2018: €9k
2019: €-10k
2020: €23k
2021: €-26k
2022: €-881
2023: €-50
2018 → 2024
Working capital
€-128k▼ 78.8%
2023 · €-72k
2018: €1k
2019: €17k
2020: €27k
2021: €-26k
2022: €-15k
2023: €-72k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€704k-€887k▲ 26.0%€896k▲ 1.0%€845k▼ 5.7%€699k▼ 17.3%
Equity€60k-€34k▼ 43.6%€33k▼ 2.6%€33k▼ 0.1%€18k▼ 44.6%
Operating result€26k-€-25k€1k€3k▲ 152%€-12k
Net result€23k-€-26k€-881▲ 96.6%€-50▲ 94.4%€-15k▼ 29,634%
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 2024: a loss of €12k after €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €302k
Fixed assets
€178k▲ 9.7%
Current assets
€124k▲ 22.2%
Equity and liabilities €302k
Equity
€18k▼ 44.6%
Debt
€284k▲ 23.0%
The debt ratio rises from 87.5% to 93.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€58k▲
2023 · €55k
Cash flow
€55k▲
2023 · €52k
Solvency
6.1%▼
2023 · 12.5%
Current ratio
0.49▼
2023 · 0.59
Quick ratio
0.49▼
2023 · 0.59
Debt / equity
15.48▲
2023 · 6.97
ROE
-80.6%▼
2023 · -0.2%
ROA
-4.9%▼
2023 · 0.0%
Interest coverage
24.80▲
2023 · 20.06
Debt
€284k▲
2023 · €231k
Debt ≤ 1 year
€252k▲
2023 · €173k
Debt > 1 year
€28k▼
2023 · €57k
Income taxes
€585▲
2023 · €112
Staff costs
€134k▼
2023 · €200k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€264k€302k▲
Fixed assets21/28€162k€178k▲
Tangible fixed assets22/27€156k€172k▲
Land and buildings22€17k€13k▼
Plant, machinery and equipment23€2k€800▼
Furniture and vehicles24€138k€158k▲
Financial fixed assets28€6k€5k▼
Current assets29/58€102k€124k▲
Amounts receivable within one year40/41€84k€92k▲
Trade receivables40€84k€92k▲
Other amounts receivable41€564€144▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€4k€20k▲
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€264k€302k▲
Equity10/15€33k€18k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Other1319-€2k
Profit (loss) carried forward14€13k€-2k▼
Amounts payable17/49€231k€284k▲
Amounts payable after more than one year17€57k€28k▼
Financial debts170/4€57k€28k▼
Amounts payable within one year42/48€173k€252k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€77k€117k▲
Suppliers440/4€77k€117k▲
Taxes, remuneration and social security45€78k€68k▼
Taxes450/3€17k€12k▼
Remuneration and social security454/9€61k€56k▼
Other amounts payable47/48€18k€62k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Turnover70€845k€699k▼
Non-recurring operating income76A€500€12k▲
Goods, raw materials, services and sundry goods60/61€618k€527k▼
Remuneration, social security and pensions62€200k€134k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€70k▲
Other operating charges640/8€17k€35k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€274k€227k▼
Operating profit (loss)9901€3k€-12k▼
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€62€-14k▼
Income taxes67/77€112€585▲
Profit (loss) for the period9904€-50€-15k▼
Profit (loss) for the period to be appropriated9905€-50€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-2k▼
Profit (loss) brought forward from the previous period14P€13k€13k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 114 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Weakest financial yearnet €-26k ▼217%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2011
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.
Paasbloemstraat 162170 AntwerpenGround area
144 m²
Building footprint
81 m²
Volume, LiDAR
423 m³
Parcel 11422C0084/00F004, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARBM
since 20112.209.386.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0084/00F004 | Flanders | 143 m² | 1 · 81 m² | 7.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,221 EUR awarded · 1,221 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 205 EUR | 205 EUR |
| 2023 | 1 | 468 EUR | 518 EUR |
| 2022 | 1 | 548 EUR | 498 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 4,759 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2011
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.