ARHAS TECHNOLOGIES
ActiveSummary
The computed 12-month bankruptcy probability of ARHAS TECHNOLOGIES is 2.5% (moderate). The 2024 annual accounts show equity of €117,639 and a net result of €23,019. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 20786 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-3
Solvency39▼-4
Growth52=
Track record78
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.22 in 2023; short-term debt: 86.2% and cash: 7.8% of total assets), and 86.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 20786 sector peers (2024).
NBB · sector comparisonPosition among 20786 sector peers
Solvency
better than 14%
← weakest
strongest →
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 10-04-2026, 253 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
253 d late
2023
618 d late
2022
984 d late
2021
1349 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 801 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
History
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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€117,639▲ 24.3%
2023 · €94,620
Total assets
€852,121▲ 63.7%
2023 · €520,445
Net result
€23,019▼ 17.1%
2023 · €27,754
Working capital
€116,135▲ 26.8%
2023 · €91,596
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€48,838-€33,013▼ 32.4%€37,427▲ 13.4%€30,617▼ 18.2%
Net result€37,350within the sector's middle half-€25,516within the sector's middle half▼ 31.7%€27,754within the sector's middle half▲ 8.8%€23,019within the sector's middle half▼ 17.1%
Equity€41,350within the sector's middle half-€66,867within the sector's middle half▲ 61.7%€94,620within the sector's middle half▲ 41.5%€117,639within the sector's middle half▲ 24.3%
Total assets€136,475within the sector's middle half-€422,822above the sector's middle half▲ 210%€520,445above the sector's middle half▲ 23.1%€852,121above the sector's middle half▲ 63.7%
Debt€95,125-€355,956▲ 274%€425,825▲ 19.6%€734,482▲ 72.5%
Working capital€41,240within the sector's middle half-€66,757within the sector's middle half▲ 61.9%€91,596within the sector's middle half▲ 37.2%€116,135within the sector's middle half▲ 26.8%
Solvency30.3%below the sector's middle half-15.8%below the sector's middle half▼ 14.5pp18.2%below the sector's middle half▲ 2.4pp13.8%below the sector's middle half▼ 4.4pp
Current ratio1.43within the sector's middle half-1.19below the sector's middle half▼ 0.251.22below the sector's middle half▲ 0.031.16below the sector's middle half▼ 0.06
Return on assets (ROA)27.4%within the sector's middle half-6.0%within the sector's middle half▼ 21.3pp5.3%within the sector's middle half▼ 0.7pp2.7%below the sector's middle half▼ 2.6pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 18% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €852,121
Fixed assets
€1,504 ▼ 50.3%
Current assets
€850,617 ▲ 64.4%
Equity and liabilities €852,121
Equity
€117,639 ▲ 24.3%
Debt
€734,482 ▲ 72.5%
Debt's share of the balance-sheet total rises from 81.8% to 86.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,138▼
2023 · €38,948
Cash flow
€24,540▼
2023 · €29,274
Debt to equity
6.24▲
2023 · 4.50
ROE
19.6%▼
2023 · 29.3%
Interest coverage
197.02▼
2023 · 504.50
Debt ≤ 1 year
€734,482▲
2023 · €425,825
Income taxes
€7,435▼
2023 · €9,597
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,368 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.7%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,520 | €1,520 | = |
| Other operating charges640/8 | €1,063 | €1,055 | €994 | €189 | ▼ 80.9% |
| Gross operating margin9900 | €49,901 | €34,068 | €39,942 | €32,327 | ▼ 19.1% |
| Operating profit (loss)9901 | €48,838 | €33,013 | €37,427 | €30,617 | ▼ 18.2% |
| Financial income75/76B | €13 | - | - | - | - |
| Recurring financial income75 | €13 | - | - | - | - |
| Financial charges65/66B | €37 | - | €77 | €163 | ▲ 111% |
| Recurring financial charges65 | €37 | - | €77 | €163 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €48,814 | €33,013 | €37,350 | €30,454 | ▼ 18.5% |
| Income taxes67/77 | €11,464 | €7,496 | €9,597 | €7,435 | ▼ 22.5% |
| Profit (loss) for the period9904 | €37,350 | €25,516 | €27,754 | €23,019 | ▼ 17.1% |
| Profit (loss) for the period to be appropriated9905 | €37,350 | €25,516 | €27,754 | €23,019 | ▼ 17.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €136,475 | €422,822 | €520,445 | €852,121 | ▲ 63.7% |
| Fixed assets21/28 | €110 | €110 | €3,024 | €1,504 | ▼ 50.3% |
| Tangible fixed assets22/27 | - | - | €2,914 | €1,394 | ▼ 52.2% |
| Furniture and vehicles24 | - | - | €2,914 | €1,394 | ▼ 52.2% |
| Financial fixed assets28 | €110 | €110 | €110 | €110 | = |
| Current assets29/58 | €136,365 | €422,712 | €517,421 | €850,617 | ▲ 64.4% |
| Amounts receivable within one year40/41 | €81,205 | €367,553 | €450,982 | €784,178 | ▲ 73.9% |
| Trade receivables40 | €36,621 | €320,487 | €352,335 | €683,548 | ▲ 94.0% |
| Other amounts receivable41 | €44,585 | €47,065 | €98,647 | €100,630 | ▲ 2.0% |
| Cash at bank and in hand54/58 | €55,160 | €55,160 | €66,439 | €66,439 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €136,475 | €422,822 | €520,445 | €852,121 | ▲ 63.7% |
| Equity10/15 | €41,350 | €66,867 | €94,620 | €117,639 | ▲ 24.3% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Capital10 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Issued capital100 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €37,350 | €62,867 | €90,620 | €113,639 | ▲ 25.4% |
| Amounts payable17/49 | €95,125 | €355,956 | €425,825 | €734,482 | ▲ 72.5% |
| Amounts payable within one year42/48 | €95,125 | €355,956 | €425,825 | €734,482 | ▲ 72.5% |
| Trade debts44 | €12,679 | €127,449 | €160,144 | €180,777 | ▲ 12.9% |
| Suppliers440/4 | €12,679 | €127,449 | €160,144 | €180,777 | ▲ 12.9% |
| Taxes, remuneration and social security45 | €69,789 | €189,661 | €249,507 | €373,533 | ▲ 49.7% |
| Taxes450/3 | €60,804 | €129,247 | €195,908 | €263,761 | ▲ 34.6% |
| Remuneration and social security454/9 | €8,985 | €60,414 | €53,599 | €109,771 | ▲ 105% |
| Other amounts payable47/48 | €12,656 | €38,845 | €16,174 | €180,173 | ▲ 1,014% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,350 | €25,516 | €27,754 | €23,019 | ▼ 17.1% |
| + Depreciation and write-downs630 | - | - | €1,520 | €1,520 | = |
| Operating cash flow (approximation) | €37,350 | €25,516 | €29,274 | €24,540 | ▼ 16.2% |
| Investment in fixed assets (approximation) | - | €0 | -€4,435 | €0 | ▲ 100% |
| Change in cash | - | €0 | €11,279 | €0 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
24-04
KBO administration
Strikeout withdrawn
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 253 days late
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 618 days late
10-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 984 days late
10-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1349 days late
03-04
KBO administration
Late accounts filing
2024
31-12
Financial
Weakest financial yearnet €23,019 ▼17.1%
Net result drops to €23,019, the lowest in the series.
31-12
Financial
Equity above €100,000Eq €117,639 ▲24.3%
4 profitable years in a row build equity to €117,639.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are 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, Ukkel · 1 establishment unit since 2021
Ground area
6,569 m²
Building footprint
2,809 m²
Volume, LiDAR
3,136 m³
2 parcels, Brussels, Flanders · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
345
companies at this address
See who is registered here
1 establishment unit
ARHAS TECHNOLOGIES
since 20212.315.487.988
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0259/00C002 | Flanders | 6,223 m² | 1 · 2,480 m² | 1.1 m |
| 21616A0121/00Y002 | Brussels | 347 m² | 1 · 329 m² | 17.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
QUALITY TRAINING
BE 0898.204.558
Ukkel · Eq €117,663
KUDOS
BE 0477.145.572
Aarschot · Eq €117,675
SHARP-SPIRE SOLUTIONS
BE 0645.618.142
Oudenaarde · Eq €117,602
SleepSort
BE 1009.140.983
Aalst · Eq €117,583
TAI
BE 0828.495.014
Sint-Katelijne-Waver · Eq €117,703
Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,504 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Contact
E-mail
arhas.technologies@gmail.comVilvoorde
Phone
0466456880Vilvoorde
E-invoicing
Reachable via Peppol
Peppol ID
0208:0762793053
Also
9925:BE0762793053
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.