ARCTAS

Active

Private limited company (pre-2019)founded 200818 yrs activeHoute 97, 9860 Oosterzele, BelgiumKBO/BCE: BE 0895.076.309

ARCTAS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 9369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

58 / 100

Fair▲ +26 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency32▼-8

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 1.67 against 1.91 in 2024), but 91% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

Return on assets

-1.5%

Age of the figures

17 mo

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

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€2k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9369 sector peers (2025).

NBB · sector comparison

Position among 9369 sector peers

Solvency

better than 14%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-11-2025, 30 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

30 d late

2024

on the day

2023

1 d early

2022

23 d late

2021

2 d early

2020

23 d late

2019

on the day

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close12-09-2026 today31-10-2026 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€15k▼ 14.1%

2024 · €18k

2019: €15k 2020: €31k 2021: €29k 2022: €51k 2023: €77k 2024: €18k

2019 → 2025

Total assets

€168k▲ 30.5%

2024 · €129k

2019: €93k 2020: €110k 2021: €125k 2022: €192k 2023: €194k 2024: €129k

2019 → 2025

Net result

€-2k▲ 95.8%

2024 · €-59k

2019: €10k 2020: €16k 2021: €-2k 2022: €22k 2023: €28k 2024: €-59k

2019 → 2025

Working capital

€61k▲ 37.5%

2024 · €44k

2019: €3k 2020: €15k 2021: €16k 2022: €55k 2023: €107k 2024: €44k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€29k-€51k▲ 73.5%€77k▲ 50.2%€18k▼ 77.0%€15k▼ 14.1%

Operating result€157-€27k▲ 17,197%€42k▲ 53.5%€-58k€-2k▲ 96.8%

Net result€-2k-€22k€28k▲ 27.7%€-59k€-2k▲ 95.8%

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 €2k in 2025 against €58k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €168k

10%

89.6%

Fixed assets €17k▼ 52.1%

Current assets €150k▲ 63.1%

Equity and liabilities €168k

91.0%

Equity €15k▼ 14.1%

Debt €153k▲ 37.5%

The debt ratio rises from 86.3% to 91.0%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€20k▲

2024 · €-32k

Cash flow

€19k▲

2024 · €-33k

Solvency

9.0%▼

2024 · 13.7%

Current ratio

1.67▼

2024 · 1.91

Quick ratio

1.44▼

2024 · 1.66

Debt / equity

10.08▲

2024 · 6.29

ROE

-16.4%▲

2024 · -335.3%

ROA

-1.5%▲

2024 · -46.0%

Interest coverage

38.97▲

2024 · -26.28

Debt

€153k▲

2024 · €111k

Debt ≤ 1 year

€90k▲

2024 · €48k

Debt > 1 year

€51k=

2024 · €51k

Income taxes

€143▼

2024 · €167

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€129k€168k▲

Fixed assets21/28€36k€17k▼

Intangible fixed assets21€2k€1k▼

Tangible fixed assets22/27€34k€16k▼

Plant, machinery and equipment23€31k€12k▼

Furniture and vehicles24€1k€2k▲

Other tangible fixed assets26€2k€2k▼

Current assets29/58€92k€150k▲

Stocks and contracts in progress3€12k€21k▲

Stocks30/36€12k€21k▲

Amounts receivable within one year40/41€63k€106k▲

Trade receivables40€50k€94k▲

Other amounts receivable41€13k€12k▼

Cash at bank and in hand54/58€13k€22k▲

Deferred charges and accrued income490/1€3k€2k▼

Equity and liabilities

Total equity and liabilities10/49€129k€168k▲

Equity10/15€18k€15k▼

Contributions10/11€19k€19k=

Reserves13€58k€58k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€56k€56k=

Profit (loss) carried forward14€-59k€-62k▼

Amounts payable17/49€111k€153k▲

Amounts payable after more than one year17€51k€51k=

Financial debts170/4€51k€51k=

Amounts payable within one year42/48€48k€90k▲

Current portion of amounts payable after more than one year42€8k€0▼

Trade debts44€6k€23k▲

Suppliers440/4€6k€23k▲

Taxes, remuneration and social security45€3k€9k▲

Taxes450/3€1k€7k▲

Remuneration and social security454/9€2k€2k=

Other amounts payable47/48€31k€57k▲

Accrued charges and deferred income492/3€12k€12k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€22k▼

Other operating charges640/8€851€831▼

Gross operating margin9900€-31k€21k▲

Operating profit (loss)9901€-58k€-2k▲

Financial income75/76B€47€28▼

Recurring financial income75€47€28▼

Financial charges65/66B€1k€508▼

Recurring financial charges65€1k€508▼

Profit (loss) for the period before taxes9903€-59k€-2k▲

Income taxes67/77€167€143▼

Profit (loss) for the period9904€-59k€-2k▲

Profit (loss) for the period to be appropriated9905€-59k€-2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-59k€-62k▼

Profit (loss) brought forward from the previous period14P-€-59k

Transfer to equity691/2€0-

To other reserves6921€0-

Profit to be distributed694/7€0-

Directors or managers695€0-

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-10-2026

2025

30-11

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 30 days late

2024

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

31-03

Financial Weakest financial yearnet €-59k ▼314%

Net result drops to €-59k, the lowest in the series; recovery starts the following year.

2023

30-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

31-03

Financial Highest result since 2019net €28k ▲27.7%

Operating result €42k, net result €28k, both a record.

2022

23-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 23 days late

31-03

Financial Back to profitnet €22k

Net result €22k after one loss-making year.

2021

29-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2020

23-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 23 days late

2019

31-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2018

30-11

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2017

25-10

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2016

14-11

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 14 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Oosterzele · 1 establishment unit since 2008

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.

Houte 979860 Oosterzele

Ground area

1,238 m²

Building footprint

47 m²

Volume, LiDAR

99 m³

Parcel 44007B1386/00W000, Flanders · tallest building 3.6 m, ±1 floor. Linked by address, not a title deed.