ARICOT
ActiveSummary
The computed 12-month bankruptcy probability of ARICOT is 1.7% (moderate). The 2025 annual accounts show equity of €772,216 and a net result of €127,248. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 1918 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Freight transport by road
NACE 49410
2 sites
How big
€1.4mtotal assets 2025
- Staff
- 12 FTE
- Equity
- €772,216
- Profit
- €127,248
Who decides
- Holdings
- 1
Accounts filed 30 d late0 of 4 deeds read
Why 66- Higher-failure-rate sector- Multiple establishment units- Higher-failure-rate region+ Annual accounts: healthy financial profileA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability80=
Solvency80▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.48 in 2024; short-term debt: 25.8% and cash: 8.5% of total assets), and 45.5% 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
54.5%
Return on assets
9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
30 d late
2024
2 d early
2023
1 d early
2022
on the day
2021
on the day
2020
27 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
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. Usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2025Total assets €1.4mProfit €127,248Solvency 54.5%Liquidity 0.62
Total assets
€1.4m▲ 4.7%
2018 - 2025
Net result
€127,248▲ 5.3%
2018 - 2025
Equity
€772,216▲ 7.6%
2018 - 2025
Staff (FTE)
12=
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.2m▲ 70.9%€0.2m▼ 16.2%€0.2m▲ 13.5%€0.2m▼ 2.8%€0.2m▲ 10.2%
Net result€0.1mabove the sector's middle half▲ 78.1%€0.3mabove the sector's middle half▲ 114%€0.1mabove the sector's middle half▼ 58.1%€0.1mwithin the sector's middle half▲ 4.5%€0.1mabove the sector's middle half▲ 5.3%
Equity€0.3mabove the sector's middle half▲ 82.9%€0.6mabove the sector's middle half▲ 96.9%€0.6mabove the sector's middle half▲ 13.5%€0.7mwithin the sector's middle half▲ 12.7%€0.8mabove the sector's middle half▲ 7.6%
Total assets€1.2mabove the sector's middle half▲ 258%€1.5mabove the sector's middle half▲ 22.1%€1.5mabove the sector's middle half▼ 2.1%€1.4mwithin the sector's middle half▼ 7.1%€1.4mwithin the sector's middle half▲ 4.7%
Debt€0.9m▲ 406%€0.9m▼ 0.7%€0.8m▼ 11.6%€0.6m▼ 22.5%€0.6m▲ 1.4%
Working capital-€0.05mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 387%-€0.09mbelow the sector's middle half▲ 65.4%-€0.1mbelow the sector's middle half▼ 59.1%-€0.1mbelow the sector's middle half▼ 3.4%
Solvency23.4%within the sector's middle half▼ 22.4pp37.7%within the sector's middle half▲ 14.3pp43.7%within the sector's middle half▲ 6.0pp53.1%within the sector's middle half▲ 9.3pp54.5%within the sector's middle half▲ 1.5pp
Current ratio0.80below the sector's middle half▼ 0.820.49below the sector's middle half▼ 0.310.71below the sector's middle half▲ 0.220.48below the sector's middle half▼ 0.230.62below the sector's middle half▲ 0.13
Return on assets (ROA)10.6%within the sector's middle half▼ 10.7pp18.6%above the sector's middle half▲ 8.0pp7.9%within the sector's middle half▼ 10.6pp8.9%within the sector's middle half▲ 1.0pp9.0%within the sector's middle half▲ 0.1pp
Staff (FTE)5.5▲ 37.5%6▲ 9.1%7.1▲ 18.3%12within the sector's middle half▲ 69.0%12within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Staff figure corrected
- 2025 Filed: 377,500; shown: 12 (source: social balance report). The filed figure means under EUR 100 of staff costs per FTE.
- 2024 Filed: 386,347; shown: 12 (source: social balance report). The filed figure means under EUR 100 of staff costs per FTE.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.2m ▼ 2.8%
Current assets
€225,027 ▲ 77.2%
Equity and liabilities €1.4m
Equity
€772,216 ▲ 7.6%
Debt
€643,526 ▲ 1.4%
Debt's share of the balance-sheet total falls from 46.9% to 45.5%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€260,316▲
2024 · €223,148
Cash flow
€203,004▲
2024 · €176,467
Debt to equity
0.83▼
2024 · 0.88
ROE
16.5%▼
2024 · 16.8%
Interest coverage
20.83▲
2024 · 16.49
Debt ≤ 1 year
€365,867▲
2024 · €263,191
Debt > 1 year
€274,516▼
2024 · €370,984
Income taxes
€45,045▲
2024 · €34,596
Staff costs
€377,500▼
2024 · €386,348
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.7% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,781 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.5m | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €0.2m | - |
| Remuneration, social security and pensions62 | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | ▼ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.06m | €0.06m | €0.06m | €0.08m | ▲ 36.2% |
| Other operating charges640/8 | €0.002m | €0.002m | €0.005m | €0.002m | €0.008m | ▲ 261% |
| Non-recurring operating charges66A | €0.001m | €0.001m | - | €0.006m | €0.5m | ▲ 8,110% |
| Gross operating margin9900 | €0.4m | €0.5m | €0.5m | €0.6m | €1.1m | ▲ 78.5% |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 10.2% |
| Financial income75/76B | €0 | €0.2m | €0.001m | €0.001m | €231 | ▼ 84.1% |
| Recurring financial income75 | €0 | €0.2m | €0.001m | €0.001m | €231 | ▼ 84.1% |
| Financial charges65/66B | €0.007m | €0.008m | €0.01m | €0.01m | €0.01m | ▼ 7.7% |
| Recurring financial charges65 | €0.007m | €0.008m | €0.01m | €0.01m | €0.01m | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 10.8% |
| Income taxes67/77 | €0.04m | €0.02m | €0.04m | €0.03m | €0.05m | ▲ 30.2% |
| Profit (loss) for the period9904 | €0.1m | €0.3m | €0.1m | €0.1m | €0.1m | ▲ 5.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.04m | - | - |
| Transfer to tax-exempt reserves689 | €0.04m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.09m | €0.3m | €0.1m | €0.2m | €0.1m | ▼ 21.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.5m | €1.5m | €1.4m | €1.4m | ▲ 4.7% |
| Fixed assets21/28 | €1.0m | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 2.8% |
| Tangible fixed assets22/27 | €0.1m | €0.3m | €0.3m | €0.3m | €1.2m | ▲ 264% |
| Land and buildings22 | - | - | - | - | €0.8m | - |
| Plant, machinery and equipment23 | €0.06m | €0.06m | €0.06m | €0.07m | €0.07m | ▲ 8.7% |
| Furniture and vehicles24 | €0.04m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 3.8% |
| Other tangible fixed assets26 | €0.004m | €0.02m | €0.04m | €0.05m | €0.04m | ▼ 12.0% |
| Financial fixed assets28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.02m | ▼ 98.2% |
| Current assets29/58 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 77.2% |
| Amounts receivable within one year40/41 | €0.06m | €0.06m | €0.1m | €0.01m | €0.09m | ▲ 736% |
| Trade receivables40 | €0.06m | €0.004m | €0.07m | €0.007m | €0.08m | ▲ 997% |
| Other amounts receivable41 | €0.001m | €0.06m | €0.04m | €0.003m | €0.01m | ▲ 193% |
| Current investments50/53 | - | - | €0.05m | - | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.05m | €0.1m | €0.1m | ▲ 19.5% |
| Deferred charges and accrued income490/1 | €0.009m | €0.008m | €0.01m | €0.02m | €0.02m | ▲ 19.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.5m | €1.5m | €1.4m | €1.4m | ▲ 4.7% |
| Equity10/15 | €0.3m | €0.6m | €0.6m | €0.7m | €0.8m | ▲ 7.6% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 39.2% |
| Non-distributable reserves130/1 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | €0.04m | €0.04m | €0.04m | €0 | - | - |
| Distributable reserves133 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 39.6% |
| Profit (loss) carried forward14 | €36 | €0.3m | €0.4m | €0.5m | €0.6m | ▲ 24.8% |
| Amounts payable17/49 | €0.9m | €0.9m | €0.8m | €0.6m | €0.6m | ▲ 1.4% |
| Amounts payable after more than one year17 | €0.7m | €0.4m | €0.5m | €0.4m | €0.3m | ▼ 26.0% |
| Financial debts170/4 | €0.5m | €0.4m | €0.5m | €0.4m | €0.3m | ▼ 26.0% |
| Other amounts payable178/9 | €0.1m | €0.01m | €0.009m | - | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.5m | €0.3m | €0.3m | €0.4m | ▲ 39.0% |
| Current portion of amounts payable after more than one year42 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 13.9% |
| Trade debts44 | €0.03m | €0.3m | €0.03m | €0.01m | €0.03m | ▲ 198% |
| Suppliers440/4 | €0.03m | €0.3m | €0.03m | €0.01m | €0.03m | ▲ 198% |
| Taxes, remuneration and social security45 | €0.09m | €0.04m | €0.08m | €0.07m | €0.1m | ▲ 33.9% |
| Taxes450/3 | €0.07m | €0.01m | €0.06m | €0.04m | €0.05m | ▲ 34.0% |
| Remuneration and social security454/9 | €0.02m | €0.02m | €0.03m | €0.03m | €0.05m | ▲ 33.7% |
| Other amounts payable47/48 | €0.01m | - | €0.04m | €0.04m | €0.08m | ▲ 91.6% |
| Accrued charges and deferred income492/3 | - | - | - | €370 | €0.003m | ▲ 749% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129,190 | €276,043 | €115,654 | €120,836 | €127,248 | ▲ 5.3% |
| + Depreciation and write-downs630 | €61,611 | €61,380 | €63,616 | €55,632 | €75,756 | ▲ 36.2% |
| Operating cash flow (approximation) | €190,801 | €337,423 | €179,270 | €176,467 | €203,004 | ▲ 15.0% |
| Investment in fixed assets (approximation) | - | -€298,275 | -€58,683 | -€38,384 | -€41,469 | ▼ 8.0% |
| Change in cash | - | €36,474 | -€122,243 | €52,436 | €19,712 | ▼ 62.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
BEUKEN TRANSPORT
BE 0777.394.424
Eupen · Eq €772,382
BREMITRANS
BE 0448.792.571
Brecht · Eq €772,389
AENSPECK - EVERAERTS
BE 0473.645.258
Steenokkerzeel · Eq €773,206
CEYSSENS
BE 0451.171.843
Bree · Eq €773,232
ANCIENS ETABLISSEMENTS HENRI DEBLIQUIT
BE 0434.579.893
Binche · Eq €771,089
Of 12,573 companies in this sector we hold annual accounts for 8,205. 4,552 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2022 annual accounts of ARICOT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 4 Gazette acts processed.
Timeline
12 eventsLatest 30-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €276,043 ▲114%
Net result €276,043, the highest in the series.
31-12
Financial
Equity above €500,000Eq €560,979 ▲96.9%
5 profitable years in a row build equity to €560,979.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €284,936 ▲82.9%
4 profitable years in a row build equity to €284,936.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €150,000Eq €155,746 ▲87.1%
3 profitable years in a row build equity to €155,746.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 29-11-2017Year ends 31-12Peppol reachable2 sites
Register details
Identification
Legal formPrivate limited company
Founded29-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0685487419
Also
9925:BE0685487419
Registered
01-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Namur · 2 establishment units since 2017
Ground area
1.2 ha
Building footprint
766 m²
Volume, LiDAR
4,251 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ARICOT
since 2017unit no. 2.270.528.092
ARICOT
since 2023unit no. 2.346.068.625
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92082B0724/00R003 | Wallonia | 9,671 m² | 1 · 624 m² | 8.3 m · 2 fl. |
| 92302G0502/00N000 | Wallonia | 2,120 m² | 1 · 142 m² | - |
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.
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 Is the workforce growing, and do people stay?Employer check 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
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