ARK METAL

Active

Private limited companyfounded 198145 yrs activeChemin de l'Etoile 5, 7060 Soignies, BelgiumKBO/BCE: BE 0421.202.407

Summary

ARK METAL has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €337k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 316 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

69 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability53▼-16

Solvency66▼-1

Growth32=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €23k at 30 days acceptable

Liquidity ample (current ratio 1.92 against 2.29 in 2023; short-term debt: 43.5% and cash: 26.8% of total assets), but 58.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €337k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

48 d early

2023

40 d early

2022

40 d early

2021

58 d early

2020

46 d early

2019

46 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€10k▼ 60.3%

2023 · €26k

2018: €81k 2019: €57k 2020: €35k 2021: €-3k 2022: €21k 2023: €26k

2018 → 2024

Working capital

€326k▼ 14.6%

2023 · €382k

2018: €968k 2019: €726k 2020: €517k 2021: €454k 2022: €413k 2023: €382k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€319k-€279k▼ 12.6%€300k▲ 7.5%€325k▲ 8.5%€337k▲ 3.6%

Operating result€45k-€-3k€27k€36k▲ 36.5%€17k▼ 53.4%

Net result€35k-€-3k€21k€26k▲ 21.3%€10k▼ 60.3%

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 53% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €819k

16.7%

83.3%

Fixed assets €137k ▲ 30.1%

Current assets €682k ▲ 0.5%

Equity and liabilities €819k

41.2%

58.8%

Equity €337k ▲ 3.6%

Debt €482k ▲ 5.1%

Debt's share of the balance-sheet total rises from 58.5% to 58.8%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€33k▼

2023 · €45k

Cash flow

€27k▼

2023 · €35k

Current ratio

1.92▼

2023 · 2.29

Quick ratio

1.33▼

2023 · 1.49

Debt to equity

1.43▲

2023 · 1.41

ROE

3.0%▼

2023 · 7.8%

ROA

1.2%▼

2023 · 3.3%

Interest coverage

3.93▼

2023 · 5.49

Debt ≤ 1 year

€356k▲

2023 · €297k

Debt > 1 year

€126k▼

2023 · €162k

Income taxes

€5k▼

2023 · €10k

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 · 2024 against 2023 · 54 lines

Balance sheet Code20232024

Assets

Total assets20/58€784k€819k▲

Fixed assets21/28€105k€137k▲

Intangible fixed assets21€7k€11k▲

Tangible fixed assets22/27€98k€126k▲

Land and buildings22€87k€89k▲

Plant, machinery and equipment23€2k€989▼

Furniture and vehicles24€9k€8k▼

Leasing and similar rights25-€27k

Current assets29/58€679k€682k▲

Stocks and contracts in progress3€238k€207k▼

Stocks30/36€238k€207k▼

Amounts receivable within one year40/41€149k€251k▲

Trade receivables40€144k€245k▲

Other amounts receivable41€6k€5k▼

Cash at bank and in hand54/58€290k€219k▼

Deferred charges and accrued income490/1€2k€5k▲

Equity and liabilities

Total equity and liabilities10/49€784k€819k▲

Equity10/15€325k€337k▲

Contributions10/11€38k€38k=

Reserves13€287k€298k▲

Non-distributable reserves130/1€4k-

Reserves not available under the articles1311€4k-

Tax-exempt reserves132€837€837=

Distributable reserves133€283k€297k▲

Investment grants15-€2k

Amounts payable17/49€459k€482k▲

Amounts payable after more than one year17€162k€126k▼

Financial debts170/4€162k€126k▼

Amounts payable within one year42/48€297k€356k▲

Current portion of amounts payable after more than one year42€56k€60k▲

Trade debts44€184k€237k▲

Suppliers440/4€184k€237k▲

Taxes, remuneration and social security45€16k€16k▲

Taxes450/3€16k€16k▲

Other amounts payable47/48€41k€42k▲

Accrued charges and deferred income492/3€122€13▼

Income statement Code20232024

Non-recurring operating income76A€81€5k▲

Remuneration, social security and pensions62€610-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€16k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-50

Other operating charges640/8€12k€12k▼

Gross operating margin9900€58k€45k▼

Operating profit (loss)9901€36k€17k▼

Financial income75/76B€8k€7k▼

Recurring financial income75€8k€7k▼

Financial charges65/66B€8k€8k▲

Recurring financial charges65€8k€8k▲

Profit (loss) for the period before taxes9903€36k€15k▼

Income taxes67/77€10k€5k▼

Profit (loss) for the period9904€26k€10k▼

Profit (loss) for the period to be appropriated9905€26k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€26k€10k▼

Transfer to equity691/2€26k€10k▼

To other reserves6921€26k€10k▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

13-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

21-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Back to profitnet €21k

Net result €21k after one loss-making year.

03-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Weakest financial yearnet €-3k ▼109%

Net result drops to €-3k, the lowest in the series; recovery starts the following year.

15-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

15-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

08-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

27-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

31-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

29-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Soignies · 1 establishment unit since 1981

establishment approximate The establishment unit on the map

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.

Chemin de l'Etoile 57060 Soignies

Ground area

7,961 m²

Building footprint

598 m²

Volume, LiDAR

4,398 m³

Parcel 55040A0693/00B000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ATELIERS MARIN Sprl

Chemin de l'Etoile 5, 7060 SoigniesInstallation of electric heating, air conditioning, cooling and ventilation

since 19812.018.392.133

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55040A0693/00B000	Wallonia	7,961 m²	1 · 598 m²	9.1 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

Werkplaats Peeters - Mertens en Huybrechts

Oosterzele · Eq €357k

Of 136 companies in sector 28410 we hold annual accounts for 107. 84 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

Founded01-02-1981

Fiscal year end31-12

Activities, NACEBEL 2025

28410Manufacture of machinery and equipment not elsewhere classified

Sources

Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers

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

Contact details

6 entries

Website:www.arkmarin.be

Enterprise

E-mail:info@arkmarin.be

Enterprise

Phone:067443101

Enterprise

Website:www.ateliersmarin.be

Establishment Soignies 2.018.392.133

E-mail:info@ateliersmarin.be

Establishment Soignies 2.018.392.133

Fax:067/648.959

Establishment Soignies 2.018.392.133