ARKIA
ActiveARKIA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.90M and a net result of €1.31M. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 18% of 3550 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+20
Solvency42▲+8
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.99 in 2023; short-term debt: 47% and cash: 18.8% of total assets), and 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
16.5%
Return on assets
7.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3550 sector peers (2024).
NBB · sector comparisonPosition among 3550 sector peers
Solvency
better than 18%
← weakest
strongest →
lowers risk · 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 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €2.90M
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 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
58 d early
2022
45 d early
2021
24 d early
2020
53 d early
2019
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.31M▲ 1,813%
2023 · €69k
2018: €13k
2019: €4k
2020: €-137k
2021: €116k
2022: €-107k
2023: €69k
2018 → 2024
Working capital
€610k
2023 · €-74k
2018: €2.00M
2019: €1.10M
2020: €726k
2021: €-686k
2022: €1.23M
2023: €-74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.51M-€1.62M▲ 7.7%€1.52M▼ 6.6%€1.58M▲ 4.5%€2.90M▲ 82.8%
Operating result€109k-€161k▲ 48.2%€-99k€168k€1.55M▲ 822%
Net result€-137k-€116k€-107k€69k€1.31M▲ 1,813%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 822% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.54M
Fixed assets
€8.68M▼ 1.2%
Current assets
€8.86M▲ 5.3%
Equity and liabilities €17.54M
Equity
€2.90M▲ 82.8%
Provisions
€558k▼ 4.5%
Debt
€14.09M▼ 6.3%
The debt ratio falls from 87.4% to 80.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.99M▲
2023 · €473k
Cash flow
€1.75M▲
2023 · €373k
Solvency
16.5%▲
2023 · 9.2%
Current ratio
1.07▲
2023 · 0.99
Quick ratio
1.07▲
2023 · 0.99
Debt / equity
4.86▼
2023 · 9.49
ROE
45.3%▲
2023 · 4.3%
ROA
7.5%▲
2023 · 0.4%
Interest coverage
13.49▲
2023 · 4.65
Debt
€14.09M▼
2023 · €15.04M
Debt ≤ 1 year
€8.25M▼
2023 · €8.49M
Debt > 1 year
€5.82M▼
2023 · €6.55M
Income taxes
€152k▲
2023 · €10k
Staff costs
€43k▲
2023 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€17.21M€17.54M▲
Fixed assets21/28€8.79M€8.68M▼
Tangible fixed assets22/27€8.51M€8.58M▲
Land and buildings22€8.49M€8.57M▲
Furniture and vehicles24€16k€13k▼
Financial fixed assets28€281k€101k▼
Current assets29/58€8.42M€8.86M▲
Amounts receivable within one year40/41€8.29M€5.52M▼
Trade receivables40€10k€37k▲
Other amounts receivable41€8.28M€5.49M▼
Cash at bank and in hand54/58€119k€3.30M▲
Deferred charges and accrued income490/1€8k€39k▲
Equity and liabilities
Total equity and liabilities10/49€17.21M€17.54M▲
Equity10/15€1.58M€2.90M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.49M€2.80M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€1.39M€1.33M▼
Distributable reserves133€89k€1.46M▲
Profit (loss) carried forward14€36k€36k=
Provisions and deferred taxes16€584k€558k▼
Deferred taxes168€584k€558k▼
Amounts payable17/49€15.04M€14.09M▼
Amounts payable after more than one year17€6.55M€5.82M▼
Financial debts170/4€5.74M€5.02M▼
Other amounts payable178/9€805k€805k=
Amounts payable within one year42/48€8.49M€8.25M▼
Current portion of amounts payable after more than one year42€1.22M€1.73M▲
Trade debts44€41k€932▼
Suppliers440/4€41k€932▼
Taxes, remuneration and social security45€27k€158k▲
Taxes450/3€21k€152k▲
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€7.21M€6.37M▼
Accrued charges and deferred income492/3-€14k
Income statement
Code20232024
Non-recurring operating income76A-€1.46M
Remuneration, social security and pensions62€41k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€305k€435k▲
Other operating charges640/8€45k€47k▲
Gross operating margin9900€559k€2.08M▲
Operating profit (loss)9901€168k€1.55M▲
Financial income75/76B€3k€33k▲
Recurring financial income75€3k€33k▲
Financial charges65/66B€102k€147k▲
Recurring financial charges65€102k€147k▲
Profit (loss) for the period before taxes9903€70k€1.44M▲
Transfer from deferred taxes780€9k€26k▲
Income taxes67/77€10k€152k▲
Profit (loss) for the period9904€69k€1.31M▲
Transfer from tax-exempt reserves789€20k€61k▲
Profit (loss) for the period to be appropriated9905€89k€1.37M▲
Appropriation of the result
Profit (loss) to be appropriated9906€125k€1.41M▲
Profit (loss) brought forward from the previous period14P€36k€36k=
Transfer to equity691/2€89k€1.37M▲
To other reserves6921€89k€1.37M▲
Social balance
Average headcount (FTE)90870.70.7=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.31M ▲1813%
Operating result €1.55M, net result €1.31M, both a record.
31-12
Financial
Equity above €2MEq €2.90M ▲82.8%
2 profitable years in a row build equity to €2.90M.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €69k
Net result €69k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €116k
Net result €116k after one loss-making year.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-137k ▼3327%
Net result drops to €-137k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial 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, Evere · 1 establishment unit since 2018
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.
Kolonel Bourgstraat 1271140 EvereGround area
3,304 m²
Building footprint
1,528 m²
Volume, LiDAR
18,106 m³
Parcel 21372C0123/00R000, Brussels · tallest building 21.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kolonel Bourgstraat 127, 1140 Evere
since 20182.309.509.127
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0123/00R000 | Brussels | 3,304 m² | 1 · 1,528 m² | 21.8 m · 5 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.
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ENTREPRISES M.I.G.N.O.N.E.
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Manage · Eq €2.94M
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 2,081 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-12-1996
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.