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ARIK CONSTRUCT

Active
Private limited companyfounded 2021active for 5 yearsExcelsiorlaan 25, 1930 Zaventem, Belgium27 active companies are registered at this addressKBO/BCE: BE 0774.992.881
Summary

ARIK CONSTRUCT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,755 and a net result of €4,530. Equity is growing by about 44% per year across the filed financial years. Its solvency ranks better than 79% of 9,316 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€26,756total assets 2025
Staff
1 FTE
Equity
€18,755
Profit
€4,530
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts 60 days early2 deeds in the Belgian Official Gazette
Why 67raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021Size: total assets €26,756lowers riskLiquidity: current ratio 1.21, cash €5,242Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 73% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 95-1
equity 70.1% of total assets
Liquidity 62=
short-term debt 29.9% · cash 19.6%
Profitability 90-10
return on assets 16.9%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)
Last 24 months 11-2024: 4.7% 12-2024: 4.7%● unchanged vs 11-2024 01-2025: 4.7%● unchanged vs 12-2024highest value 02-2025: 4.7%● unchanged vs 01-2025highest value 03-2025: 4.7%● unchanged vs 02-2025 04-2025: 3.6%▼ -1.1 percentage points vs 03-2025 05-2025: 3.6%● unchanged vs 04-2025 06-2025: 3.2%▼ -0.4 percentage points vs 05-2025 07-2025: 1.4%▼ -1.8 percentage points vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.3%▼ -0.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.2 percentage points vs 03-2026 05-2026: 1.6%▲ +0.1 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.2%▼ -0.4 percentage points vs 06-2026 08-2026: 1.2%● unchanged vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.21, compared with 1.36 in 2024, below the usual 1.5; short-term debt: 29.9% and cash: 19.6% of total assets), and 29.9% of the assets are financed with debt and provisions.
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 41, micro): better than 79% on solvency, 67% on liquidity, 75% on profitability and 72% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €26,756
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.21, cash €5,242
NBB · annual accounts
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 01-06-2026, 60 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
60 days early
2024
45 days early
2023
7 days late
2022
7 days early
← 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 26 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 4 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2022 to 2025net €8,290 ▲9,214%

Financials · financial year 2025, micro format

Equity
€18,755▲ 31.8%
2024 · €14,225
Total assets
€26,756▲ 33.2%
2024 · €20,085
Net result
€4,530▼ 45.3%
2024 · €8,290
Working capital
€1,651▼ 22.6%
2024 · €2,133
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 38% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,218 2025 Net result€4,530 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€5,059-€658▼ 87.0%€11,598▲ 18×€7,218▼ 37.8%
Net result€3,846within the sector's middle half-€89within the sector's middle half▼ 97.7%€8,290within the sector's middle half▲ 93×€4,530within the sector's middle half▼ 45.3%
Equity€5,846below the sector's middle half-€5,935below the sector's middle half▲ 1.5%€14,225within the sector's middle half▲ 140%€18,755within the sector's middle half▲ 31.8%
Total assets€6,890below the sector's middle half-€11,392below the sector's middle half▲ 65.3%€20,085below the sector's middle half▲ 76.3%€26,756below the sector's middle half▲ 33.2%
Debt€1,044-€5,457▲ 423%€5,860▲ 7.4%€8,000▲ 36.5%
Working capital€5,846within the sector's middle half-€416below the sector's middle half▼ 92.9%€2,133within the sector's middle half▲ 413%€1,651below the sector's middle half▼ 22.6%
Solvency84.8%above the sector's middle half-52.1%within the sector's middle half▼ 32.7pp70.8%above the sector's middle half▲ 18.7pp70.1%above the sector's middle half▼ 0.7pp
Current ratio6.60above the sector's middle half-1.08within the sector's middle half▼ 5.521.36within the sector's middle half▲ 0.291.21within the sector's middle half▼ 0.16
Return on assets (ROA)55.8%above the sector's middle half-0.8%within the sector's middle half▼ 55.0pp41.3%above the sector's middle half▲ 40.5pp16.9%within the sector's middle half▼ 24.3pp
Staff (FTE)0.11▲ 900%
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26,756
Fixed assets €17,104 ▲ 41.5%
Current assets €9,651 ▲ 20.8%
Equity and liabilities €26,756
Equity €18,755 ▲ 31.8%
Debt €8,000 ▲ 36.5%
Debt's share of the balance-sheet total rises from 29.2% to 29.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,993▼
2024 · €13,406
Cash flow
€9,306▼
2024 · €10,098
Debt to equity
0.43▲
2024 · 0.41
ROE
24.2%▼
2024 · 58.3%
Interest coverage
83.27▲
2024 · 29.39
Debt ≤ 1 year
€8,000▲
2024 · €5,860
Income taxes
€2,543▼
2024 · €2,852
Staff costs
€19,324▲
2024 · €1,881
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 26,974 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€20,085€26,756▲
Fixed assets21/28€12,092€17,104▲
Tangible fixed assets22/27€12,092€16,804▲
Furniture and vehicles24€12,092€16,804▲
Financial fixed assets28-€300
Current assets29/58€7,993€9,651▲
Amounts receivable within one year40/41€4,191€4,410▲
Trade receivables40-€3,047
Other amounts receivable41€4,191€1,363▼
Cash at bank and in hand54/58€3,801€5,242▲
Equity and liabilities
Total equity and liabilities10/49€20,085€26,756▲
Equity10/15€14,225€18,755▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€12,225€16,755▲
Amounts payable17/49€5,860€8,000▲
Amounts payable within one year42/48€5,860€8,000▲
Trade debts44€2,566€2,502▼
Suppliers440/4€2,566€2,502▼
Taxes, remuneration and social security45€3,293€4,445▲
Taxes450/3€3,293€4,445▲
Other amounts payable47/48-€1,053
Income statement Code20242025
Remuneration, social security and pensions62€1,881€19,324▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,808€4,775▲
Other operating charges640/8€725€4,189▲
Gross operating margin9900€16,012€35,506▲
Operating profit (loss)9901€11,598€7,218▼
Financial charges65/66B€456€144▼
Recurring financial charges65€456€144▼
Profit (loss) for the period before taxes9903€11,141€7,074▼
Income taxes67/77€2,852€2,543▼
Profit (loss) for the period9904€8,290€4,530▼
Profit (loss) for the period to be appropriated9905€8,290€4,530▼
Appropriation of the result
Profit (loss) to be appropriated9906€12,225€16,755▲
Profit (loss) brought forward from the previous period14P€3,935€12,225▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62--€1,881€19,324▲ 928%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,077€481€1,808€4,775▲ 164%
Other operating charges640/8€125€1,468€725€4,189▲ 478%
Gross operating margin9900€6,261€2,607€16,012€35,506▲ 122%
Operating profit (loss)9901€5,059€658€11,598€7,218▼ 37.8%
Financial charges65/66B€169€127€456€144▼ 68.4%
Recurring financial charges65€169€127€456€144▼ 68.4%
Profit (loss) for the period before taxes9903€4,890€531€11,141€7,074▼ 36.5%
Income taxes67/77€1,044€442€2,852€2,543▼ 10.8%
Profit (loss) for the period9904€3,846€89€8,290€4,530▼ 45.3%
Profit (loss) for the period to be appropriated9905€3,846€89€8,290€4,530▼ 45.3%
Line2022202320242025Change
Assets
Total assets20/58€6,890€11,392€20,085€26,756▲ 33.2%
Fixed assets21/28-€5,519€12,092€17,104▲ 41.5%
Tangible fixed assets22/27-€5,519€12,092€16,804▲ 39.0%
Furniture and vehicles24-€5,519€12,092€16,804▲ 39.0%
Financial fixed assets28---€300-
Current assets29/58€6,890€5,873€7,993€9,651▲ 20.8%
Amounts receivable within one year40/41€6,505€5,835€4,191€4,410▲ 5.2%
Trade receivables40€1,225€5,047-€3,047-
Other amounts receivable41€5,280€789€4,191€1,363▼ 67.5%
Cash at bank and in hand54/58€385€38€3,801€5,242▲ 37.9%
Equity and liabilities
Total equity and liabilities10/49€6,890€11,392€20,085€26,756▲ 33.2%
Equity10/15€5,846€5,935€14,225€18,755▲ 31.8%
Contributions10/11€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€3,846€3,935€12,225€16,755▲ 37.1%
Amounts payable17/49€1,044€5,457€5,860€8,000▲ 36.5%
Amounts payable within one year42/48€1,044€5,457€5,860€8,000▲ 36.5%
Trade debts44-€1,663€2,566€2,502▼ 2.5%
Suppliers440/4-€1,663€2,566€2,502▼ 2.5%
Taxes, remuneration and social security45€1,044€1,486€3,293€4,445▲ 35.0%
Taxes450/3€1,044€1,486€3,293€4,445▲ 35.0%
Other amounts payable47/48-€2,308-€1,053-
Line2022202320242025Change
Profit (loss) for the period9904€3,846€89€8,290€4,530▼ 45.3%
+ Depreciation and write-downs630€1,077€481€1,808€4,775▲ 164%
Operating cash flow (approximation)€4,923€570€10,098€9,306▼ 7.8%
Investment in fixed assets (approximation)---€8,381-€9,788▼ 16.8%
Change in cash--€347€3,764€1,440▼ 61.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 01-06-2026 2026-00128285
31-12-2024 micro format 16-06-2025 2025-00140650
31-12-2023 micro format 07-08-2024 2024-00332664
31-12-2022 micro format 24-07-2023 2023-00261609

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,274. 11,609 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

ARIK CONSTRUCT was incorporated on 4 October 2021 as a private limited company.1 Total assets rose from €6,890 in 2022 to €26,756 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
01-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
16-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Highest result from 2022 to 2025net €8,290 ▲9,214%
Operating result €11,598, net result €8,290, both a record.
07-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 7 days late
2023
31-12
Financial Weakest financial yearnet €89 ▼97.7%
Net result drops to €89, the lowest in the series; recovery starts the following year.
24-07
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official 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.

Register details

Identification
Legal formPrivate limited company
Founded04-10-2021
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43310Plastering work
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0774992881
Also 9925:BE0774992881
Registered 04-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0774.992.881

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
1,915 m²
Building footprint
615 m²
Building volume
4,316 m³
Parcel 23094D0045/00Y000, Flanders · tallest building 10.1 m. Linked by address, not a title deed.
27 companies at this address See who is registered here
1 establishment unit
Excelsiorlaan 25, 1930 Zaventem
General construction of residential buildings
since 2021unit no. 2.322.781.103
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23094D0045/00Y000 Flanders 1,914 m² 1 · 615 m² 10.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.