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ARJOBO

Active
Public limited companyfounded 199531 yrs activeLobbensestraat(Z) 165, 3271 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 0454.431.340
Summary

ARJOBO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €715,526 and a net result of €34,846. Equity is growing by ~10.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability72▼-6
Solvency75▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.62 in 2023; short-term debt: 17.6% and cash: 3.1% of total assets), and 50.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
43 d early
2022
61 d early
2021
44 d early
2020
44 d early
2019
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 February 1995, ARJOBO was incorporated.1 Total assets went from EUR 2 million in 2018 to EUR 1.4 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€715,526▲ 5.1%
2023 · €680,681
Total assets
€1.4m▼ 4.9%
2023 · €1.5m
Net result
€34,846▼ 69.3%
2023 · €113,674
Working capital
-€66,697▲ 54.7%
2023 · -€147,184
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€45,446▲ 1,243%€96,923▲ 113%€92,463▼ 4.6%€158,188▲ 71.1%€52,574▼ 66.8%
Net result€5,642€60,026▲ 964%€64,969▲ 8.2%€113,674▲ 75.0%€34,846▼ 69.3%
Equity€442,013▲ 1.3%€502,038▲ 13.6%€567,007▲ 12.9%€680,681▲ 20.0%€715,526▲ 5.1%
Total assets€2.0m▲ 0.5%€1.8m▼ 8.7%€1.7m▼ 3.4%€1.5m▼ 13.2%€1.4m▼ 4.9%
Debt€1.4m▲ 1.0%€1.2m▼ 16.1%€1.0m▼ 10.1%€707,882▼ 32.0%€608,666▼ 14.0%
Working capital-€397,616▼ 17.0%-€166,224▲ 58.2%-€299,347▼ 80.1%-€147,184▲ 50.8%-€66,697▲ 54.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €45,446€45,446Net result 2020: €5,642€5,642Operating result 2021: €96,923€96,923Net result 2021: €60,026€60,026Operating result 2022: €92,463€92,463Net result 2022: €64,969€64,969Operating result 2023: €158,188€158,188Net result 2023: €113,674€113,674Operating result 2024: €52,574€52,574Net result 2024: €34,846€34,84620202021202220232024€0€50,000€100,000€150,000Operating result 2022: €92,463€92,500Net result 2022: €64,969€65,000Operating result 2023: €158,188€158,000Net result 2023: €113,674€114,000Operating result 2024: €52,574€52,600Net result 2024: €34,846€34,800202220232024
The operating result falls in 2024; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets €1.3m ▼ 1.3%
Current assets €187,043 ▼ 23.3%
Equity and liabilities €1.4m
Equity €715,526 ▲ 5.1%
Provisions €115,741 ▼ 7.3%
Debt €608,666 ▼ 14.0%
Debt's share of the balance-sheet total falls from 46.8% to 42.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€160,340▼
2023 · €257,613
Cash flow
€142,612▼
2023 · €213,098
Current ratio
0.74▲
2023 · 0.62
Debt to equity
0.85▼
2023 · 1.04
ROE
4.9%▼
2023 · 16.7%
ROA
2.4%▼
2023 · 7.5%
Interest coverage
13.77▼
2023 · 22.13
Debt ≤ 1 year
€253,740▼
2023 · €391,199
Debt > 1 year
€354,926▲
2023 · €316,683
Income taxes
€15,783▼
2023 · €42,024
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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 · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.5m€1.4m▼
Fixed assets21/28€1.3m€1.3m▼
Tangible fixed assets22/27€1.2m€1.2m▼
Land and buildings22€1.2m€1.2m▼
Plant, machinery and equipment23€3,730-
Financial fixed assets28€100,040€100,040=
Current assets29/58€244,015€187,043▼
Amounts receivable after more than one year29€49,000€49,000=
Other amounts receivable291€49,000€49,000=
Amounts receivable within one year40/41€96,617€90,296▼
Other amounts receivable41€96,617€90,296▼
Cash at bank and in hand54/58€97,337€44,480▼
Deferred charges and accrued income490/1€1,062€3,266▲
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.4m▼
Equity10/15€680,681€715,526▲
Contributions10/11€244,091€244,091=
Capital10-€244,091
Issued capital100-€244,091
Reserves13€237,796€240,437▲
Non-distributable reserves130/1-€24,409
Legal reserve130-€24,409
Tax-exempt reserves132€237,796€216,027▼
Profit (loss) carried forward14€198,794€230,999▲
Provisions and deferred taxes16€124,885€115,741▼
Deferred taxes168€124,885€115,741▼
Amounts payable17/49€707,882€608,666▼
Amounts payable after more than one year17€316,683€354,926▲
Financial debts170/4€195,866€271,593▲
Other amounts payable178/9€120,817€83,333▼
Amounts payable within one year42/48€391,199€253,740▼
Current portion of amounts payable after more than one year42€151,950€121,599▼
Trade debts44€27,286€48,917▲
Suppliers440/4€27,286€48,917▲
Taxes, remuneration and social security45€42,716€15,783▼
Taxes450/3€42,716€15,783▼
Other amounts payable47/48€169,246€67,441▼
Income statement Code20232024
Remuneration, social security and pensions62€41-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99,425€107,766▲
Other operating charges640/8€59,612€60,783▲
Non-recurring operating charges66A€256,667€73,333▼
Gross operating margin9900€573,933€294,457▼
Operating profit (loss)9901€158,188€52,574▼
Financial income75/76B€7€553▲
Recurring financial income75€7€553▲
Financial charges65/66B€11,641€11,643=
Recurring financial charges65€11,641€11,643=
Profit (loss) for the period before taxes9903€146,553€41,484▼
Transfer from deferred taxes780€9,144€9,144=
Income taxes67/77€42,024€15,783▼
Profit (loss) for the period9904€113,674€34,846▼
Transfer from tax-exempt reserves789€21,769€21,769=
Profit (loss) for the period to be appropriated9905€135,442€56,614▼
Appropriation of the result
Profit (loss) to be appropriated9906€198,794€255,408▲
Profit (loss) brought forward from the previous period14P€63,351€198,794▲
Transfer to equity691/2-€24,409
To the legal reserve6920-€24,409

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

Line20202021202220232024Change
Remuneration, social security and pensions62---€41--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71,474€71,661€85,699€99,425€107,766▲ 8.4%
Other operating charges640/8-€51,052€53,345€59,612€60,783▲ 2.0%
Non-recurring operating charges66A--€36,667€256,667€73,333▼ 71.4%
Gross operating margin9900€170,909€219,637€268,173€573,933€294,457▼ 48.7%
Operating profit (loss)9901€45,446€96,923€92,463€158,188€52,574▼ 66.8%
Financial income75/76B--€710€7€553▲ 8,177%
Recurring financial income75--€710€7€553▲ 8,177%
Financial charges65/66B-€23,107€12,658€11,641€11,643=
Recurring financial charges65€29,719€23,107€12,658€11,641€11,643=
Profit (loss) for the period before taxes9903€15,727€73,817€80,515€146,553€41,484▼ 71.7%
Transfer from deferred taxes780-€9,144€9,144€9,144€9,144=
Income taxes67/77€19,134€22,935€24,690€42,024€15,783▼ 62.4%
Profit (loss) for the period9904€5,642€60,026€64,969€113,674€34,846▼ 69.3%
Transfer from tax-exempt reserves789-€21,769€21,769€21,769€21,769=
Profit (loss) for the period to be appropriated9905€27,183€81,794€86,737€135,442€56,614▼ 58.2%
Line20202021202220232024Change
Assets
Total assets20/58€2.0m€1.8m€1.7m€1.5m€1.4m▼ 4.9%
Fixed assets21/28€1.5m€1.5m€1.5m€1.3m€1.3m▼ 1.3%
Tangible fixed assets22/27€1.4m€1.4m€1.4m€1.2m€1.2m▼ 1.4%
Land and buildings22-€1.4m€1.4m€1.2m€1.2m▼ 1.1%
Plant, machinery and equipment23--€1,200€3,730--
Financial fixed assets28€100,040€100,040€100,040€100,040€100,040=
Current assets29/58€478,668€338,259€208,737€244,015€187,043▼ 23.3%
Amounts receivable after more than one year29-€49,000€49,000€49,000€49,000=
Other amounts receivable291-€49,000€49,000€49,000€49,000=
Amounts receivable within one year40/41€237,987€111,898€98,405€96,617€90,296▼ 6.5%
Other amounts receivable41-€111,898€98,405€96,617€90,296▼ 6.5%
Cash at bank and in hand54/58€189,132€176,420€60,731€97,337€44,480▼ 54.3%
Deferred charges and accrued income490/1-€941€602€1,062€3,266▲ 208%
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.8m€1.7m€1.5m€1.4m▼ 4.9%
Equity10/15€442,013€502,038€567,007€680,681€715,526▲ 5.1%
Contributions10/11-€244,091€244,091€244,091€244,091=
Capital10----€244,091-
Issued capital100----€244,091-
Reserves13€303,103€281,334€259,565€237,796€240,437▲ 1.1%
Non-distributable reserves130/1----€24,409-
Legal reserve130----€24,409-
Tax-exempt reserves132-€281,334€259,565€237,796€216,027▼ 9.2%
Profit (loss) carried forward14-€105,181-€23,386€63,351€198,794€230,999▲ 16.2%
Provisions and deferred taxes16€152,317€143,173€134,029€124,885€115,741▼ 7.3%
Deferred taxes168-€143,173€134,029€124,885€115,741▼ 7.3%
Amounts payable17/49€1.4m€1.2m€1.0m€707,882€608,666▼ 14.0%
Amounts payable after more than one year17€505,092€654,339€533,499€316,683€354,926▲ 12.1%
Financial debts170/4-€400,189€296,015€195,866€271,593▲ 38.7%
Other amounts payable178/9-€254,150€237,483€120,817€83,333▼ 31.0%
Amounts payable within one year42/48€876,284€504,483€508,084€391,199€253,740▼ 35.1%
Current portion of amounts payable after more than one year42-€139,032€146,647€151,950€121,599▼ 20.0%
Trade debts44€126,681€4,418€34,033€27,286€48,917▲ 79.3%
Suppliers440/4-€4,418€34,033€27,286€48,917▲ 79.3%
Taxes, remuneration and social security45-€42,761€25,383€42,716€15,783▼ 63.1%
Taxes450/3-€42,761€25,383€42,716€15,783▼ 63.1%
Other amounts payable47/48-€318,272€302,021€169,246€67,441▼ 60.2%
Line20202021202220232024Change
Profit (loss) for the period9904€5,642€60,026€64,969€113,674€34,846▼ 69.3%
+ Depreciation and write-downs630€71,474€71,661€85,699€99,425€107,766▲ 8.4%
Operating cash flow (approximation)€77,116€131,687€150,667€213,098€142,612▼ 33.1%
Investment in fixed assets (approximation)--€40,398-€153,806€165,024-€91,224▼ 155%
Change in cash--€12,712-€115,689€36,606-€52,856▼ 244%

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

Timeline · acts, filings and financial milestones

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €113,674 ▲75%
Operating result €158,188, net result €113,674, both a record.
31-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €500,000Eq €502,038 ▲13.6%
2 profitable years in a row build equity to €502,038.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €5,642
Net result €5,642 after one loss-making year.
18-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet -€25,275
Net result drops to -€25,275, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 34 days late
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State 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.

Directors · office · real estate

Directors
7 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, Scherpenheuvel-Zichem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,488 m²
Building footprint
661 m²
Volume, LiDAR
4,249 m³
Parcel 24129D0021/00S000, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Arjobo
Lobbensestraat(Z) 165, 3271 Scherpenheuvel-ZichemRenting and operating of own or leased residential real estate, excluding social housing
since 20182.373.643.151
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24129D0021/00S000 Flanders 2,488 m² 1 · 661 m² 12.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded03-02-1995
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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

Register as of 28 September 2026 · Peppol Directory

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