Ark Holding
ActiveThe file of Ark Holding contains 2 judicial reorganisations, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 2.7% (moderate). The 2025 annual accounts show equity of €444k and a net result of €268k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 898 sector peers (fiscal year 2025).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+15
Solvency73▲+24
Growth32=
Track record60
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity ample (current ratio 2.43 against 2.01 in 2024; short-term debt: 16.4% and cash: 0.8% of total assets), but 51.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.1%
Return on assets
29.1%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
6 d late
2023
59 d late
2022
on the day
2021
30 d late
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€444k▲ 153%
2024 · €176k
2018: €728k
2019: €509k
2020: €426k
2021: €35k
2022: €-377k
2023: €54k
2024: €176k
2018 → 2025
Total assets
€923k▲ 25.4%
2024 · €736k
2018: €1.75M
2019: €1.76M
2020: €1.50M
2021: €971k
2022: €727k
2023: €711k
2024: €736k
2018 → 2025
Net result
€268k▲ 121%
2024 · €121k
2018: €379k
2019: €-219k
2020: €-83k
2021: €-391k
2022: €-412k
2023: €431k
2024: €121k
2018 → 2025
Working capital
€217k▲ 21.1%
2024 · €179k
2018: €-16k
2019: €440k
2020: €633k
2021: €218k
2022: €-105k
2023: €135k
2024: €179k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€-377k€54k€176k▲ 223%€444k▲ 153%
Operating result€-158k-€-236k▼ 49.2%€145k€141k▼ 2.8%€98k▼ 30.5%
Net result€-391k-€-412k▼ 5.5%€431k€121k▼ 71.9%€268k▲ 121%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €923k
Fixed assets
€554k ▲ 46.5%
Current assets
€369k ▲ 3.1%
Equity and liabilities €923k
Equity
€444k ▲ 153%
Debt
€479k ▼ 14.5%
Debt's share of the balance-sheet total falls from 76.1% to 51.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€118k▼
2024 · €155k
Cash flow
€288k▲
2024 · €135k
Current ratio
2.43▲
2024 · 2.01
Debt to equity
1.08▼
2024 · 3.18
ROE
60.4%▼
2024 · 69.0%
ROA
29.1%▲
2024 · 16.5%
Interest coverage
-2.05▼
2024 · 5.45
Debt ≤ 1 year
€152k▼
2024 · €178k
Debt > 1 year
€327k▼
2024 · €382k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€736k€923k▲
Fixed assets21/28€378k€554k▲
Tangible fixed assets22/27€295k€367k▲
Land and buildings22€267k€344k▲
Plant, machinery and equipment23€28k€18k▼
Other tangible fixed assets26-€5k
Financial fixed assets28€83k€187k▲
Current assets29/58€358k€369k▲
Amounts receivable after more than one year29€203k€207k▲
Other amounts receivable291€203k€207k▲
Amounts receivable within one year40/41€155k€154k▼
Trade receivables40€77k€33k▼
Other amounts receivable41€77k€121k▲
Cash at bank and in hand54/58-€7k
Deferred charges and accrued income490/1-€855
Equity and liabilities
Total equity and liabilities10/49€736k€923k▲
Equity10/15€176k€444k▲
Contributions10/11€20k€20k=
Reserves13€301k€424k▲
Tax-exempt reserves132€299k€299k=
Distributable reserves133€2k€126k▲
Profit (loss) carried forward14€-145k€75▲
Amounts payable17/49€560k€479k▼
Amounts payable after more than one year17€382k€327k▼
Financial debts170/4€308k€280k▼
Trade debts175€35k€22k▼
Other amounts payable178/9€39k€25k▼
Amounts payable within one year42/48€178k€152k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Financial debts43€7k€6k▼
Credit institutions430/8€7k€6k▼
Trade debts44€83k€72k▼
Suppliers440/4€83k€72k▼
Advances received on contracts in progress46€12k€6k▼
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Other amounts payable47/48€49k€43k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€20k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€165k€122k▼
Operating profit (loss)9901€141k€98k▼
Financial income75/76B€9k€112k▲
Recurring financial income75€9k€9k▲
Non-recurring financial income76B-€104k
Financial charges65/66B€28k€-58k▼
Recurring financial charges65€28k€-58k▼
Profit (loss) for the period before taxes9903€121k€268k▲
Profit (loss) for the period9904€121k€268k▲
Profit (loss) for the period to be appropriated9905€121k€268k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-145k€124k▲
Profit (loss) brought forward from the previous period14P€-266k€-145k▲
Transfer to equity691/2-€124k
To other reserves6921-€124k
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €444k ▲153%
3 profitable years in a row build equity to €444k.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
31-12
Financial
Equity above €150kEq €176k ▲223%
2 profitable years in a row build equity to €176k.
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 59 days late
2023
31-12
Financial
Back to profitnet €431k
Net result €431k after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.73
Current ratio from 0.74 to 1.73; short-term debt falls from €410k to €185k.
31-10
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Leuven · 20230011 · event 26-10-2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
04-07
Judicial reorganisation
Opening
Ondernemingsrechtbank Leuven · collectif · event 29-06-2023
2022
31-12
Financial
Weakest financial yearnet €-412k
Net result drops to €-412k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
Show earlier events
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 4.77
Current ratio from 1.82 to 4.77; short-term debt falls from €535k to €168k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Leuven · 2 establishment units since 2011
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.
Zeilstraat 23000 LeuvenGround area
1,160 m²
Building footprint
1,094 m²
Volume, LiDAR
7,978 m³
2 parcels, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Easyfit
since 20112.208.525.395
Hup Hup Kapellen
since 20252.382.061.266
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24062A1111/00A000 | Flanders | 1,063 m² | 1 · 1,003 m² | 13.7 m · 2 fl. |
| 11902E0119/00Z000 | Flanders | 97 m² | 1 · 91 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
HELLAS
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L'ESPACE VITAL
BE 0440.340.804
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VITAFIT
BE 0786.734.732
Eupen · Eq €433k
FITFAKTOR
BE 0819.381.566
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IMMOBEHEER DUERLOO
BE 0437.061.214
Wuustwezel · Eq €431k
Of 1,518 companies in sector 93130 we hold annual accounts for 687. 377 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.