Skip to content

ARBORES

Active
Public limited companyfounded 197253 yrs activeRoggelaan 9, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0412.767.464
Summary

ARBORES has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.7m and a net result of -€110,791. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 62% of 19384 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisWatch ReportCompare
ARBORESActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€12.1mtotal assets 2024
Equity
€5.7m
Loss
-€110,791
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2024
Bankruptcy chance 12 m
1.3%
Structure
Accounts 65 d overdue0 of 13 deeds read
Why 55Capped at 59: a confirmed filing finding- Liquidity: current ratio 3.60, cash €10,184- Figures for FY 2024 (filed 10-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late+ Founded in 1972Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 42% of its sector peers (NACE 68, medium-sized)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 72+6
equity 47.0% of total assets
Liquidity 50+2
short-term debt 4.8% · cash 0.1%
Profitability 20-15
return on assets -0.9%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,713 companies)
Last 24 months 11-2024: 1.3%highest value 12-2024: 0.5%▼ -64.8% vs 11-2024 01-2025: 0.5%● 0.0% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%▲ +1.5% vs 02-2025 04-2025: 0.5%▼ -2.5% vs 03-2025lowest value 05-2025: 0.5%▲ +3.4% vs 04-2025 06-2025: 0.5%▲ +3.9% vs 05-2025 07-2025: 0.6%▲ +16.0% vs 06-2025 08-2025: 0.9%▲ +47.6% vs 07-2025 09-2025: 1.0%▲ +11.1% vs 08-2025 10-2025: 1.2%▲ +29.9% vs 09-2025 11-2025: 1.3%▲ +3.8% vs 10-2025 12-2025: 0.5%▼ -62.3% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.5%▲ +1.4% vs 02-2026 04-2026: 0.5%▼ -2.4% vs 03-2026 05-2026: 0.5%▲ +3.1% vs 04-2026 06-2026: 0.5%▲ +3.4% vs 05-2026 07-2026: 0.5%▼ -1.9% vs 06-2026 08-2026: 0.9%▲ +69.7% vs 07-2026 09-2026: 1.0%▲ +12.5% vs 08-2026 10-2026: 1.3%▲ +32.2% vs 09-2026
  • Liquidity: current ratio 3.60, cash €10,184 raises the probability
  • Figures for FY 2024 (filed 10-11-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late raises the probability
  • Founded in 1972 lowers the probability for this profile
Credit up to €310,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.6 against 1.73 in 2023; short-term debt: 4.8% and cash: 0.1% of total assets), but 53% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, medium-sized). Better than this share of them on solvency 68%, liquidity 52%, profitability 14%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Liquidity: current ratio 3.60, cash €10,184
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 10-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 1972
In the bankruptcy model this factor lowers the probability for this profile.
KBO
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 31-10-2025, 92 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 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
91 d late
2022
31 d late
2021
19 d late
2020
31 d late
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Liquidity doublescurrent ratio 3.60
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: From profit to loss in 2024after €351,071 in 2023 -€110,791 View
  • Caution: Among the weakest 5% on net resultsector median €4,429 · 19,370 companies -€110,791 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Active since 1972founded 27-11-1972 53 years View

By topic

Financials

Fiscal year
2024
Total assets
€12.1m
Loss
-€110,791
Solvency
47.0%
Total assets▼ 13.5%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 31-10-2025Annual accounts filed
  2. 31-12-2024Liquidity doubles
  3. 30-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
27-11-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure