ARENA CONSTRUCTION
ActiveSummary
ARENA CONSTRUCTION has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104k and a net result of €978. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+1
Solvency68▲+2
Growth62▼-5
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.62 in 2024; short-term debt: 53% and cash: 16.8% of total assets), and 56.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.1%
Return on assets
0.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
on the day
2023
2 d early
2022
3 d early
2021
11 d early
2020
2 d late
2019
11 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€802k▼ 22.2%
2024 · €1.03M
2018: €843k
2019: €755k
2020: €988k
2021: €1.02M
2022: €1.14M
2023: €1.12M
2024: €1.03M
2018 → 2025
EBIT margin
1.1%▲ 0.7pp
2024 · 0.5%
2018: -1.7%
2019: 4.5%
2020: 3.0%
2021: 0.9%
2022: 2.2%
2023: -0.1%
2024: 0.5%
2018 → 2025
Net result
€978
2024 · €-2k
2018: €-20k
2019: €22k
2020: €26k
2021: €4k
2022: €18k
2023: €-3k
2024: €-2k
2018 → 2025
Working capital
€-15k▲ 70.2%
2024 · €-50k
2018: €-77k
2019: €25k
2020: €-48k
2021: €-77k
2022: €-84k
2023: €-72k
2024: €-50k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.02M-€1.14M▲ 11.1%€1.12M▼ 1.1%€1.03M▼ 8.4%€802k▼ 22.2%
Equity€93k-€111k▲ 18.5%€107k▼ 3.2%€104k▼ 3.2%€104k=
Operating result€9k-€25k▲ 171%€-2k€5k€9k▲ 89.3%
Net result€4k-€18k▲ 338%€-3k€-2k▲ 2.2%€978
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 89% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€128k ▼ 25.6%
Current assets
€113k ▲ 38.6%
Equity and liabilities €240k
Equity
€104k =
Provisions
€2k ▼ 25.6%
Debt
€135k ▼ 8.1%
Debt's share of the balance-sheet total falls from 58.0% to 56.1%. Debt is lower.
Key figures and ratios
EBITDA
€45k▼
2024 · €59k
Cash flow
€37k▼
2024 · €52k
Current ratio
0.88▲
2024 · 0.62
Quick ratio
0.82▲
2024 · 0.60
Debt to equity
1.30▼
2024 · 1.41
ROE
0.9%▲
2024 · -2.4%
ROA
0.4%▲
2024 · -1.0%
Interest coverage
10.59▼
2024 · 13.40
Debt ≤ 1 year
€127k▼
2024 · €131k
Debt > 1 year
€7k▼
2024 · €16k
Income taxes
€4k▲
2024 · €4k
Staff costs
€325k▼
2024 · €393k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€253k€240k▼
Fixed assets21/28€172k€128k▼
Tangible fixed assets22/27€171k€127k▼
Land and buildings22€74k€66k▼
Plant, machinery and equipment23€66k€60k▼
Furniture and vehicles24€25k€1k▼
Leasing and similar rights25€6k-
Financial fixed assets28€342€342=
Current assets29/58€81k€113k▲
Stocks and contracts in progress3€3k€8k▲
Stocks30/36€3k€8k▲
Amounts receivable within one year40/41€51k€52k▲
Trade receivables40€50k€47k▼
Other amounts receivable41€768€5k▲
Cash at bank and in hand54/58€24k€40k▲
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€253k€240k▼
Equity10/15€104k€104k=
Contributions10/11€9k€9k=
Reserves13€68k€67k▼
Tax-exempt reserves132€1k-
Distributable reserves133€67k€67k=
Profit (loss) carried forward14€20k€22k▲
Investment grants15€7k€6k▼
Provisions and deferred taxes16€3k€2k▼
Deferred taxes168€3k€2k▼
Amounts payable17/49€147k€135k▼
Amounts payable after more than one year17€16k€7k▼
Financial debts170/4€16k€7k▼
Amounts payable within one year42/48€131k€127k▼
Current portion of amounts payable after more than one year42€26k€8k▼
Trade debts44€25k€35k▲
Suppliers440/4€25k€35k▲
Taxes, remuneration and social security45€53k€48k▼
Taxes450/3€19k€32k▲
Remuneration and social security454/9€34k€17k▼
Other amounts payable47/48€26k€36k▲
Income statement
Code20242025
Turnover70€1.03M€802k▼
Non-recurring operating income76A€36k-
Goods, raw materials, services and sundry goods60/61€608k€483k▼
Remuneration, social security and pensions62€393k€325k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€36k▼
Other operating charges640/8€7k€10k▲
Gross operating margin9900€459k€380k▼
Operating profit (loss)9901€5k€9k▲
Financial income75/76B€7€20▲
Recurring financial income75€7€20▲
Non-recurring financial income76B€7€20▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€360€5k▲
Transfer from deferred taxes780€1k€643▼
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€-2k€978▲
Transfer from tax-exempt reserves789€3k€1k▼
Profit (loss) for the period to be appropriated9905€565€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€22k▲
Profit (loss) brought forward from the previous period14P€19k€20k▲
Social balance
Average headcount (FTE)908710.710.0▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €978
Net result €978 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €100kEq €111k ▲18.5%
4 profitable years in a row build equity to €111k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
31-12
Financial
Highest result since 2018net €26k ▲20.4%
Net result €26k, the highest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.22
Current ratio from 0.39 to 1.22; short-term debt falls from €127k to €112k.
Show earlier events
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 9 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Morlanwelz · 1 establishment unit since 2004
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.
Rue des Ateliers(MLZ) 957140 MorlanwelzGround area
785 m²
Building footprint
135 m²
Volume, LiDAR
968 m³
Parcel 56057A0324/00H030, Wallonia · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARENA CONSTRUCTION
since 20042.136.912.077
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0324/00H030 | Wallonia | 785 m² | 1 · 135 m² | 10.6 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.
Similar companies · same sector, comparable size
Durafin
BE 0763.756.719
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NOWAK
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As · Eq €104,512
YANNICK PETIT
BE 0836.659.642
Tournai · Eq €102,684
Rodégra
BE 0685.919.464
Zulte · Eq €101,925
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 627 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-2004
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
41001General construction of residential buildings
43110Demolition
43320Joinery installation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.