Arive
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 24-03-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 7% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-09-2024 | 30-09-2025 |
|---|---|---|
| Tangible fixed assets | €97,859 | - |
| Financial fixed assets | - | €500 |
| Depreciation and write-downs of the year | €24,186 | €25,539 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €515 awarded · €515 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €327 | €327 |
| 2024 | 1 | €0 | €188 |
| 2023 | 1 | €188 | €0 |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,186 | €25,539 | ▲ 5.6% |
| Other operating charges640/8 | €1,214 | €422 | ▼ 65.3% |
| Gross operating margin9900 | €175,878 | €166,366 | ▼ 5.4% |
| Operating profit (loss)9901 | €150,477 | €140,405 | ▼ 6.7% |
| Financial income75/76B | €5,168 | €8,853 | ▲ 71.3% |
| Recurring financial income75 | €5,168 | €8,853 | ▲ 71.3% |
| Financial charges65/66B | €505 | €1,081 | ▲ 114% |
| Recurring financial charges65 | €505 | €1,081 | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €155,140 | €148,177 | ▼ 4.5% |
| Income taxes67/77 | €46,201 | €43,005 | ▼ 6.9% |
| Profit (loss) for the period9904 | €108,940 | €105,173 | ▼ 3.5% |
| Profit (loss) for the period to be appropriated9905 | €108,940 | €105,173 | ▼ 3.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €633,191 | €677,901 | ▲ 7.1% |
| Fixed assets21/28 | €160,758 | €135,719 | ▼ 15.6% |
| Tangible fixed assets22/27 | €100,758 | €75,219 | ▼ 25.3% |
| Plant, machinery and equipment23 | €2,141 | €1,907 | ▼ 10.9% |
| Furniture and vehicles24 | €82,276 | €59,595 | ▼ 27.6% |
| Other tangible fixed assets26 | €16,342 | €13,717 | ▼ 16.1% |
| Financial fixed assets28 | €60,000 | €60,500 | ▲ 0.8% |
| Current assets29/58 | €472,432 | €542,182 | ▲ 14.8% |
| Amounts receivable within one year40/41 | €100,000 | €108,027 | ▲ 8.0% |
| Trade receivables40 | €59,708 | €54,696 | ▼ 8.4% |
| Other amounts receivable41 | €40,292 | €53,331 | ▲ 32.4% |
| Current investments50/53 | €9,923 | €9,923 | = |
| Cash at bank and in hand54/58 | €362,234 | €424,122 | ▲ 17.1% |
| Deferred charges and accrued income490/1 | €275 | €110 | ▼ 59.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €633,191 | €677,901 | ▲ 7.1% |
| Equity10/15 | €618,183 | €480,941 | ▼ 22.2% |
| Contributions10/11 | €100 | €100 | = |
| Reserves13 | €618,083 | €480,841 | ▼ 22.2% |
| Non-distributable reserves130/1 | €0 | - | - |
| Reserves not available under the articles1311 | €0 | - | - |
| Distributable reserves133 | €618,083 | €480,841 | ▼ 22.2% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €15,008 | €196,960 | ▲ 13× |
| Amounts payable within one year42/48 | €15,008 | €196,960 | ▲ 13× |
| Trade debts44 | €6,137 | €989 | ▼ 83.9% |
| Suppliers440/4 | €6,137 | €989 | ▼ 83.9% |
| Taxes, remuneration and social security45 | €8,871 | €23,851 | ▲ 169% |
| Taxes450/3 | €8,871 | €23,851 | ▲ 169% |
| Remuneration and social security454/9 | €0 | - | - |
| Other amounts payable47/48 | €0 | €172,120 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €108,940 | €105,173 | ▼ 3.5% |
| + Depreciation and write-downs630 | €24,186 | €25,539 | ▲ 5.6% |
| Operating cash flow (approximation) | €133,126 | €130,712 | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | -€500 | - |
| Change in cash | - | €61,887 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as Arive has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Arive itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for Arive. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.