ARISOL
ActiveARISOL has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €179k and a net result of €-20k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 7446 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability7▼-1
Solvency85▼-2
Growth56▲+18
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 2.41 in 2023; short-term debt: 40.2% and cash: 15% of total assets), and 40.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
59.8%
Return on assets
-6.5%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
25 d late
2022
153 d late
2021
153 d late
2020
152 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€267k▲ 178%
2023 · €96k
2018: €188k
2020: €235k
2021: €237k
2022: €139k
2023: €96k
2018 → 2024
EBIT margin
-31.4%▲ 46.8pp
2023 · -78.2%
2018: -39.0%
2020: -0.8%
2021: 26.6%
2022: -11.8%
2023: -78.2%
2018 → 2024
Net result
€-20k▼ 9.8%
2023 · €-18k
2018: €-83k
2019: €-53k
2020: €-10k
2021: €58k
2022: €-22k
2023: €-18k
2018 → 2024
Working capital
€54k▼ 24.3%
2023 · €72k
2018: €132k
2019: €93k
2020: €86k
2021: €145k
2022: €143k
2023: €72k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€235k-€237k▲ 0.6%€139k▼ 41.1%€96k▼ 31.1%€267k▲ 178%
Equity€180k-€238k▲ 32.4%€217k▼ 9.1%€199k▼ 8.2%€179k▼ 9.9%
Operating result€-2k-€63k€-16k€-75k▼ 356%€-84k▼ 11.4%
Net result€-10k-€58k€-22k€-18k▲ 17.4%€-20k▼ 9.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €84k in 2024 against €75k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €300k
Fixed assets
€125k▼ 37.0%
Current assets
€175k▲ 42.7%
Equity and liabilities €300k
Equity
€179k▼ 9.9%
Debt
€121k▼ 1.2%
The debt ratio rises from 38.0% to 40.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-52k▼
2023 · €-39k
Cash flow
€12k▼
2023 · €18k
Solvency
59.8%▼
2023 · 62.0%
Current ratio
1.45▼
2023 · 2.41
Quick ratio
0.99▲
2023 · 0.54
Debt / equity
0.67▲
2023 · 0.61
ROE
-11.0%▼
2023 · -9.0%
ROA
-6.5%▼
2023 · -5.6%
Interest coverage
-14.32▼
2023 · -10.41
Debt
€121k▼
2023 · €122k
Debt ≤ 1 year
€121k▲
2023 · €51k
Income taxes
€222k
Staff costs
€79k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€321k€300k▼
Fixed assets21/28€198k€125k▼
Tangible fixed assets22/27€198k€125k▼
Land and buildings22€106k€55k▼
Furniture and vehicles24€92k€69k▼
Financial fixed assets28€350€350=
Current assets29/58€123k€175k▲
Stocks and contracts in progress3€95k€55k▼
Stocks30/36€95k€55k▼
Amounts receivable within one year40/41€19k€75k▲
Trade receivables40€13k€28k▲
Other amounts receivable41€6k€47k▲
Cash at bank and in hand54/58€9k€45k▲
Equity and liabilities
Total equity and liabilities10/49€321k€300k▼
Equity10/15€199k€179k▼
Contributions10/11€45k€45k=
Reserves13€286k€286k=
Distributable reserves133€286k€286k=
Profit (loss) carried forward14€-132k€-152k▼
Amounts payable17/49€122k€121k▼
Amounts payable after more than one year17€71k-
Financial debts170/4€71k-
Amounts payable within one year42/48€51k€121k▲
Current portion of amounts payable after more than one year42€22k-
Trade debts44€26k€42k▲
Suppliers440/4€26k€42k▲
Taxes, remuneration and social security45€3k€17k▲
Taxes450/3€3k€11k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48-€62k
Income statement
Code20232024
Turnover70€96k€267k▲
Goods, raw materials, services and sundry goods60/61€132k€236k▲
Remuneration, social security and pensions62-€79k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€32k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€-36k€30k▲
Operating profit (loss)9901€-75k€-84k▼
Financial income75/76B€61k€290k▲
Recurring financial income75€61k€290k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-18k€203k▲
Income taxes67/77-€222k
Profit (loss) for the period9904€-18k€-20k▼
Profit (loss) for the period to be appropriated9905€-18k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-132k€-152k▼
Profit (loss) brought forward from the previous period14P€-114k€-132k▼
Social balance
Average headcount (FTE)9087-3.0
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 35 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 25 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 153 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 153 days late
2021
31-12
Financial
Back to profitnet €58k
Net result €58k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 4.88
Current ratio from 1.74 to 4.88; short-term debt falls from €115k to €37k.
31-12
Financial
Equity above €200kEq €238k ▲32.4%
Equity rises from €180k to €238k.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 113 days late
2018
30-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 152 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 44 days late
2016
25-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 147 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Destelbergen · 1 establishment unit since 2009
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.
Dendermondesteenweg 599070 DestelbergenGround area
221 m²
Building footprint
199 m²
Volume, LiDAR
1,513 m³
Parcel 44013A0003/00D007, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARISOL
since 20092.177.262.988
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013A0003/00D007 | Flanders | 220 m² | 1 · 199 m² | 12.6 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
DE COCK FRANÇOIS
BE 0432.704.627
Hemiksem · Eq €179k
MMB CONCEPT
BE 0670.441.036
Kortenberg · Eq €179k
ROOZE BJORN
BE 0455.967.997
Maldegem · Eq €179k
SCHRIJNWERK DRIEGHE
BE 0774.673.969
Destelbergen · Eq €179k
MENUISERIE CAMACHO
BE 0474.546.368
Genappe · Eq €179k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,519 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-03-2009
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
46839Wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.