Financials
- Financial year
- 2024
- Total assets
- €2.3m
- Loss
- -€73,507
- Solvency
- -2.4%
ARENJO CONSTRUCT
ActiveSummary
ARENJO CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€53,507) and a net result of -€73,507. Its solvency ranks better than 15% of 2,048 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Raising of horses and other equines
NACE 01430
1 site
Size
€2.3mtotal assets 2024
- Equity
- -€53,507
- Loss
- -€73,507
Turnover not published (micro format)
Structure
Accounts filed 14 days late1 of 2 deeds read
Why 56raises riskCapped at 59: negative equityLatest accounts 75 days late; 1 of the last 3 latelowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Size: total assets €767,657Figures for financial year 2025 (filed 14-10-2026)Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 54% of its sector peers (NACE 01, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency
23
equity -2.4% of total assets
Liquidity
59
short-term debt 19.6% · cash 12.2%
Profitability
15
return on assets -3.3%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.5%▲ +0.1 percentage points vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.7%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.5 percentage points vs 08-2025
10-2025: 0.1%▼ -0.1 percentage points vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.2%▲ +0.1 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 5.02, above the usual 1.5; short-term debt: 19.6% and cash: 12.2% of total assets), but equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro): better than 23% on solvency, 7% on liquidity, 87% on profitability and 97% on growth.
The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 14 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: Nikolaas Coenegrachts (director)Gazette deed
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Raising of horses and other equinesNACE 01430
- Founded
- 21-09-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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