Arbor Bros
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,781, after a profit of €4,500 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €94,121 | €509 |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €15,281 | €13,664 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €568 awarded · €568 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €345 | €345 |
| 2023 | 1 | €223 | €223 |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,281 | €13,664 | ▼ 10.6% |
| Other operating charges640/8 | €772 | €0 | ▼ 100% |
| Gross operating margin9900 | €20,553 | €11,883 | ▼ 42.2% |
| Operating profit (loss)9901 | €4,500 | -€1,781 | - |
| Financial income75/76B | €13 | €1 | ▼ 96.1% |
| Recurring financial income75 | €13 | €1 | ▼ 96.1% |
| Financial charges65/66B | €3,322 | €2,820 | ▼ 15.1% |
| Recurring financial charges65 | €3,322 | €2,820 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €1,191 | -€4,601 | - |
| Profit (loss) for the period9904 | €1,191 | -€4,601 | - |
| Profit (loss) for the period to be appropriated9905 | €1,191 | -€4,601 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €96,217 | €80,323 | ▼ 16.5% |
| Fixed assets21/28 | €80,114 | €66,851 | ▼ 16.6% |
| Tangible fixed assets22/27 | €80,114 | €66,851 | ▼ 16.6% |
| Plant, machinery and equipment23 | €3,009 | €2,668 | ▼ 11.3% |
| Leasing and similar rights25 | €77,105 | €64,183 | ▼ 16.8% |
| Current assets29/58 | €16,102 | €13,472 | ▼ 16.3% |
| Amounts receivable within one year40/41 | €14,096 | €12,669 | ▼ 10.1% |
| Trade receivables40 | €14,096 | €10,922 | ▼ 22.5% |
| Other amounts receivable41 | - | €1,748 | - |
| Cash at bank and in hand54/58 | €1,589 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €417 | €802 | ▲ 92.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €96,217 | €80,323 | ▼ 16.5% |
| Equity10/15 | €6,191 | €1,590 | ▼ 74.3% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €1,100 | €1,100 | = |
| Distributable reserves133 | €1,100 | €1,100 | = |
| Profit (loss) carried forward14 | €91 | -€4,510 | - |
| Amounts payable17/49 | €90,026 | €78,733 | ▼ 12.5% |
| Amounts payable after more than one year17 | €55,562 | €45,877 | ▼ 17.4% |
| Financial debts170/4 | €55,562 | €45,877 | ▼ 17.4% |
| Amounts payable within one year42/48 | €34,463 | €32,856 | ▼ 4.7% |
| Current portion of amounts payable after more than one year42 | €9,274 | €9,686 | ▲ 4.4% |
| Financial debts43 | - | €841 | - |
| Credit institutions430/8 | - | €841 | - |
| Trade debts44 | €11,003 | €6,577 | ▼ 40.2% |
| Suppliers440/4 | €11,003 | €6,577 | ▼ 40.2% |
| Taxes, remuneration and social security45 | €3 | €0 | ▼ 100% |
| Taxes450/3 | €3 | €0 | ▼ 100% |
| Other amounts payable47/48 | €14,184 | €15,752 | ▲ 11.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,191 | -€4,601 | - |
| + Depreciation and write-downs630 | €15,281 | €13,664 | ▼ 10.6% |
| Operating cash flow (approximation) | €16,472 | €9,063 | ▼ 45.0% |
| Investment in fixed assets (approximation) | - | -€401 | - |
| Change in cash | - | -€1,589 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,301 companies had the same profile as Arbor Bros has now. Two years later, 92.6% were still going and 5.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Arbor Bros itself: 3.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,301 companies, not a prediction for Arbor Bros. 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.