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ARJ FINANCE

Active
Private limited company (pre-2019)founded 1998active for 28 yearsDe Frélaan 235, 1180 Ukkel, BelgiumKBO/BCE: BE 0463.479.361

From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ARJ FINANCE has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272,317 and a net result of -€7,951. Equity has been growing by about 3.7% per year since 2019. Its solvency ranks better than 62% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 02-06-1998 Normal situation
Activity
Business and other management consultancy NACE 70200and 4 others
Establishment unit
2.087.167.212 1000 Brussel, since 17-06-1998
Financial year end
30 September
Peppol
Reachable since 17-03-2026

Board and ownership

Board
  • CHARTIER SophieDirector
  • DECLEIRE PhilippeDirector

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-09-2025
Gross margin
€20,677
▼ 39.1%
Turnover
≈ €95,000
estimated
Loss
€7,951
Equity
€272,317
▼ 2.8%
Total assets
€403,289
▼ 3.4%
Filed on 13-05-2026, 13 days after the deadlinePDF
Score breakdownraises riskLiquidity: current ratio 0.72, cash €0, halvedlowers riskSize: total assets €403,289Sector: Activities of head offices; management consultancy activities (NACE 70)Founded in 1998Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency 93+1
equity 67.5% of total assets
Liquidity 44-1
short-term debt 20.2% · cash 0.0%
Profitability 66-3
return on assets -2.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,516 companies, NACE 70, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.3%▼ -0.2 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.72 (0.65 in 2024), below 1. Short-term debt is 20.2% and cash 0% of total assets. 32.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 63% of them on solvency, 23% on liquidity, 30% on profitability and 35% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.72, cash €0, halved
NBB · annual accounts
lowers risk · Size: total assets €403,289
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
13 days late
2024
34 days early
2023
32 days early
2022
3 days early
2021
31 days early
2020
1 day early
2019
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 88% of companies in head offices and management consultancysector median €27,197 · 39,258 companies -€7,951 View

Comparable companies

These companies have the same main activity as ARJ FINANCE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €345,000 and €444,000, founded between 1995 and 2001.

CompanyTotal assetsGross margin
ARJ FINANCE Ukkel€403,289€20,677
YMAGE Ukkel€345,127€19,600
BALARDES Ukkel€444,286€17,991
A + E Brussel€393,589€21,825
THYNNUS CONSULTING Elsene€397,968€18,027
BROCCOLI Anderlecht€411,054€22,180
FNIL Watermaal-Bosvoorde€364,223€16,968
Full comparison

Documents

Annual accounts at the NBB

All 25 annual accounts

Articles and registers

Key facts about ARJ FINANCE

What is the company number of ARJ FINANCE?
The company number of ARJ FINANCE is 0463.479.361. The VAT number is the same number with BE in front: BE 0463.479.361.
Where is ARJ FINANCE based?
The registered office is at De Frélaan 235, 1180 Ukkel.Company details
What does ARJ FINANCE do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of ARJ FINANCE?
The legal form of ARJ FINANCE is Private limited company (pre-2019) (BVBA).
When was ARJ FINANCE founded?
ARJ FINANCE was founded on 02-06-1998.
Is ARJ FINANCE still active?
Yes, ARJ FINANCE is an active enterprise in the KBO register.
What is the turnover of ARJ FINANCE?
The turnover in financial year 2025 is ≈ €95,000. This figure is estimated from the gross margin of €20,677 and 205 comparable companies (NACE 70200). It probably lies between €44,000 and €190,000. It is a rough estimate.Financials
Is ARJ FINANCE profitable?
In financial year 2025, ARJ FINANCE made a loss of €7,951.
Where can I find the annual accounts of ARJ FINANCE?
ARJ FINANCE filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of ARJ FINANCE due?
ARJ FINANCE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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