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ARKA

Active
Private limited companyfounded 20215 yrs activeKernenergiestraat 19, 2610 Antwerpen, BelgiumKBO/BCE: BE 0768.243.463
Summary

The computed 12-month bankruptcy probability of ARKA is 9.5% (elevated). The 2024 annual accounts show equity of €83,089 and a net result of -€9,023. Equity is growing by ~46.8% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability63▼-37
Solvency68▼-5
Growth52▼-26
Track record78
Bankruptcy probability, 12 months
9.5% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.17 against 1.46 in 2023; short-term debt: 57.4% and cash: 10.9% of total assets), and 57.4% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
42.6%
Return on assets
-4.6%
Age of the figures
21 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
20 d late
2022
53 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 34 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled

History

ARKA was incorporated on 10 May 2021 as a Private limited company.1 Total assets rose from EUR 72,674 in 2022 to EUR 195,242 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€83,089▼ 9.8%
2023 · €92,112
Total assets
€195,242▲ 1.3%
2023 · €192,818
Net result
-€9,023
2023 · €86,713
Working capital
€19,151▼ 58.4%
2023 · €46,024
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
Line202220232024
Operating result€3,720-€108,416▲ 2,814%-€8,972
Net result€2,899-€86,713▲ 2,891%-€9,023
Equity€5,399-€92,112▲ 1,606%€83,089▼ 9.8%
Total assets€72,674-€192,818▲ 165%€195,242▲ 1.3%
Debt€67,275-€100,706▲ 49.7%€112,153▲ 11.4%
Working capital-€22,766-€46,024€19,151▼ 58.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2022: €3,720€3,720Net result 2022: €2,899€2,899Operating result 2023: €108,416€108,416Net result 2023: €86,713€86,713Operating result 2024: -€8,972-€8,972Net result 2024: -€9,023-€9,023202220232024-€50,000€0€50,000€100,000Operating result 2022: €3,720€3,720Net result 2022: €2,899€2,900Operating result 2023: €108,416€108,000Net result 2023: €86,713€86,700Operating result 2024: -€8,972-€8,970Net result 2024: -€9,023-€9,020202220232024
The operating result turns negative in 2024: a loss of €8,972 after €108,416 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195,242
Fixed assets €63,938 ▲ 38.7%
Current assets €131,304 ▼ 10.5%
Equity and liabilities €195,242
Equity €83,089 ▼ 9.8%
Debt €112,153 ▲ 11.4%
Debt's share of the balance-sheet total rises from 52.2% to 57.4%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,406▼
2023 · €116,207
Cash flow
€6,355▼
2023 · €94,504
Current ratio
1.17▼
2023 · 1.46
Debt to equity
1.35▲
2023 · 1.09
ROE
-10.9%▼
2023 · 94.1%
ROA
-4.6%▼
2023 · 45.0%
Interest coverage
87.75
Debt ≤ 1 year
€112,153▲
2023 · €100,706
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 9.5% 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 3,442 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 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€192,818€195,242▲
Fixed assets21/28€46,088€63,938▲
Tangible fixed assets22/27€46,088€63,437▲
Plant, machinery and equipment23€5,680€3,891▼
Furniture and vehicles24€40,408€59,546▲
Financial fixed assets28-€501
Current assets29/58€146,730€131,304▼
Amounts receivable within one year40/41€21,599€109,608▲
Trade receivables40€9,630€106,807▲
Other amounts receivable41€11,969€2,801▼
Cash at bank and in hand54/58€125,131€21,192▼
Deferred charges and accrued income490/1-€504
Equity and liabilities
Total equity and liabilities10/49€192,818€195,242▲
Equity10/15€92,112€83,089▼
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€89,612€80,589▼
Amounts payable17/49€100,706€112,153▲
Amounts payable within one year42/48€100,706€112,153▲
Trade debts44€3,869€20,133▲
Suppliers440/4€3,869€20,133▲
Taxes, remuneration and social security45€21,703€19,703▼
Taxes450/3€21,703€19,703▼
Other amounts payable47/48€75,134€72,317▼
Income statement Code20232024
Non-recurring operating income76A€90,632-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,791€15,378▲
Other operating charges640/8€691€409▼
Gross operating margin9900€116,898€6,815▼
Operating profit (loss)9901€108,416-€8,972▼
Financial income75/76B-€22
Recurring financial income75-€22
Financial charges65/66B-€73
Recurring financial charges65-€73
Profit (loss) for the period before taxes9903€108,416-€9,023▼
Income taxes67/77€21,703-
Profit (loss) for the period9904€86,713-€9,023▼
Profit (loss) for the period to be appropriated9905€86,713-€9,023▼
Appropriation of the result
Profit (loss) to be appropriated9906€89,612€80,589▼
Profit (loss) brought forward from the previous period14P€2,899€89,612▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Non-recurring operating income76A-€90,632--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,387€7,791€15,378▲ 97.4%
Other operating charges640/8€1,186€691€409▼ 40.8%
Gross operating margin9900€9,293€116,898€6,815▼ 94.2%
Operating profit (loss)9901€3,720€108,416-€8,972▼ 108%
Financial income75/76B--€22-
Recurring financial income75--€22-
Financial charges65/66B--€73-
Recurring financial charges65--€73-
Profit (loss) for the period before taxes9903€3,720€108,416-€9,023▼ 108%
Income taxes67/77€821€21,703--
Profit (loss) for the period9904€2,899€86,713-€9,023▼ 110%
Profit (loss) for the period to be appropriated9905€2,899€86,713-€9,023▼ 110%
Line202220232024Change
Assets
Total assets20/58€72,674€192,818€195,242▲ 1.3%
Fixed assets21/28€28,165€46,088€63,938▲ 38.7%
Tangible fixed assets22/27€28,165€46,088€63,437▲ 37.6%
Plant, machinery and equipment23€838€5,680€3,891▼ 31.5%
Furniture and vehicles24€27,327€40,408€59,546▲ 47.4%
Financial fixed assets28--€501-
Current assets29/58€44,509€146,730€131,304▼ 10.5%
Amounts receivable within one year40/41€15,484€21,599€109,608▲ 407%
Trade receivables40€11,202€9,630€106,807▲ 1,009%
Other amounts receivable41€4,282€11,969€2,801▼ 76.6%
Cash at bank and in hand54/58€29,025€125,131€21,192▼ 83.1%
Deferred charges and accrued income490/1--€504-
Equity and liabilities
Total equity and liabilities10/49€72,674€192,818€195,242▲ 1.3%
Equity10/15€5,399€92,112€83,089▼ 9.8%
Contributions10/11€2,500€2,500€2,500=
Profit (loss) carried forward14€2,899€89,612€80,589▼ 10.1%
Amounts payable17/49€67,275€100,706€112,153▲ 11.4%
Amounts payable within one year42/48€67,275€100,706€112,153▲ 11.4%
Trade debts44€3,398€3,869€20,133▲ 420%
Suppliers440/4€3,398€3,869€20,133▲ 420%
Taxes, remuneration and social security45€821€21,703€19,703▼ 9.2%
Taxes450/3€821€21,703€19,703▼ 9.2%
Other amounts payable47/48€63,056€75,134€72,317▼ 3.7%
Line202220232024Change
Profit (loss) for the period9904€2,899€86,713-€9,023▼ 110%
+ Depreciation and write-downs630€4,387€7,791€15,378▲ 97.4%
Operating cash flow (approximation)€7,286€94,504€6,355▼ 93.3%
Investment in fixed assets (approximation)--€25,714-€33,228▼ 29.2%
Change in cash-€96,106-€103,939▼ 208%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-05
KBO administration Address strikeout annulled
16-02
KBO administration Address struck
event 30-01-2026
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Weakest financial yearnet -€9,023
Net result drops to -€9,023, the lowest in the series.
20-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial Highest result since 2022net €86,713 ▲2,891%
Operating result €108,416, net result €86,713, both a record.
31-12
Financial Liquidity doublescurrent ratio 1.46
Current ratio from 0.66 to 1.46.
22-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
9 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, Antwerpen
exact location from the address register On OpenStreetMap
Ground area
1,491 m²
Building footprint
984 m²
Volume, LiDAR
7,216 m³
Parcel 11463D0325/00K002, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
314 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0325/00K002 Flanders 1,491 m² 1 · 984 m² 8.2 m · 3 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 formPrivate limited company
Founded10-05-2021
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.