ARKADI et ASHOT
ActiveSummary
The computed 12-month bankruptcy probability of ARKADI et ASHOT is 1.8% (moderate). The 2025 annual accounts show equity of €84k and a net result of €15k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 41% of 10359 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+4
Solvency54▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.71 against 1.14 in 2024; short-term debt: 70.6% and cash: 23.5% of total assets), and 70.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
29.4%
Return on assets
5.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
52 d late
2023
68 d late
2022
40 d late
2021
31 d late
2020
91 d late
2019
138 d late
← 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
Turnover
€251k
EBIT margin
3.5%
Net result
€15k▲ 220%
2024 · €5k
2018: €2k
2019: €23k
2020: €44k
2021: €12k
2022: €10k
2023: €4k
2024: €5k
2018 → 2025
Working capital
€-58k
2024 · €20k
2018: €4k
2019: €28k
2020: €62k
2021: €-3k
2022: €-44k
2023: €-2k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€50k▲ 23.6%€65k▲ 29.8%€69k▲ 7.0%€84k▲ 21.1%
Operating result€19k-€27k▲ 44.2%€16k▼ 42.4%€14k▼ 10.2%€30k▲ 118%
Net result€12k-€10k▼ 19.0%€4k▼ 62.6%€5k▲ 27.8%€15k▲ 220%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 118% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€142k ▲ 189%
Current assets
€144k ▼ 15.3%
Equity and liabilities €286k
Equity
€84k ▲ 21.1%
Debt
€202k ▲ 34.7%
Debt's share of the balance-sheet total rises from 68.4% to 70.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €36k
Cash flow
€34k▲
2024 · €27k
Current ratio
0.71▼
2024 · 1.14
Quick ratio
0.41▲
2024 · 0.34
Debt to equity
2.41▲
2024 · 2.16
ROE
17.4%▲
2024 · 6.6%
ROA
5.1%▲
2024 · 2.1%
Interest coverage
6.58▲
2024 · 6.35
Debt ≤ 1 year
€202k▲
2024 · €150k
Income taxes
€8k▲
2024 · €4k
Staff costs
€309k▼
2024 · €367k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€219k€286k▲
Fixed assets21/28€49k€142k▲
Tangible fixed assets22/27€41k€134k▲
Plant, machinery and equipment23€13k€10k▼
Furniture and vehicles24€29k€124k▲
Other tangible fixed assets26-€572
Financial fixed assets28€8k€8k=
Current assets29/58€170k€144k▼
Stocks and contracts in progress3€119k€62k▼
Stocks30/36€119k€62k▼
Amounts receivable within one year40/41€15k€14k▼
Trade receivables40€12k€12k▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€36k€67k▲
Deferred charges and accrued income490/1€796€745▼
Equity and liabilities
Total equity and liabilities10/49€219k€286k▲
Equity10/15€69k€84k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€10k€25k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€8k€23k▲
Profit (loss) carried forward14€41k€41k=
Amounts payable17/49€150k€202k▲
Amounts payable within one year42/48€150k€202k▲
Trade debts44€16k€35k▲
Suppliers440/4€16k€35k▲
Taxes, remuneration and social security45€89k€110k▲
Taxes450/3€19k€32k▲
Remuneration and social security454/9€70k€78k▲
Other amounts payable47/48€44k€58k▲
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62€367k€309k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€20k▼
Other operating charges640/8€3k€8k▲
Non-recurring operating charges66A-€842
Gross operating margin9900€406k€368k▼
Operating profit (loss)9901€14k€30k▲
Financial income75/76B-€224
Recurring financial income75-€224
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€8k€23k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€5k€15k▲
Profit (loss) for the period to be appropriated9905€5k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€55k▲
Profit (loss) brought forward from the previous period14P€41k€41k=
Transfer to equity691/2€5k€15k▲
To other reserves6921€5k€15k▲
The notes to these accounts (7 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 40 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
31-12
Financial
Highest result since 2018net €44k ▲91.8%
Operating result €53k, net result €44k, both a record.
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 239 days late
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 450 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ganshoren · 2 establishment units since 2020
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.
Keizer Karellaan 1041083 GanshorenGround area
504 m²
Building footprint
248 m²
Volume, LiDAR
3,863 m³
2 parcels, Brussels · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
ASA
since 20202.309.936.323
ASA
since 20212.330.531.601
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392B0095/00V000 | Brussels | 418 m² | 1 · 162 m² | 20.3 m · 6 fl. |
| 21392B0100/00Z000 | Brussels | 87 m² | 1 · 86 m² | 18.9 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesGanshoren2.309.936.323
Ganshoren2.330.531.601
Similar companies · same sector, comparable size
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BE 0773.815.619
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TT RETAIL
BE 0783.907.181
Hasselt · Eq €83,932
JKS
BE 0559.824.315
Antwerpen · Eq €83,922
EPICES & TOUT
BE 0651.624.323
Attert · Eq €83,922
Belfresh
BE 0810.351.955
Brugge · Eq €84,026
Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 4,692 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
Founded04-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47120Other non-specialised retail sale
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.