Result
From profit to loss in 2025, after a profit of €61,455 in 2024.
From profit to loss in 2025, after a profit of €61,455 in 2024.
The accounts state no turnover.
Green is investment, beige is depreciation. Machinery stands 174.4% higher than in 2024.
Eight of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Merger with CALLUT DABOMPRE. Merger on 02-04-2024.
Lower net result than 95% of companies in crop and animal production. Sector median €50,877 · 2,073 companies.
The dashed line is the sector median: 0.1% across 911 companies (NACE 01, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small). It does better than 71% of them on solvency, 93% on liquidity, 6% on profitability and 16% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 8,617 companies had the same profile as ARLETHO has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARLETHO itself: < 0.1% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for ARLETHO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 4.5 (4.8 in 2024), above the usual 1.5. Short-term debt is 7.1% and cash 26.9% of total assets. 39.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Shares in 2 companies, CALLUT-DABOMPRE and Le Brummel
Board & ownership| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ARLETHO Hannut | €3.3m | €19,318 | 60.8% | - |
| Elagri Braine-le-Comte | €2.3m | €30,354 | 99.8% | - |
| Silvagro Bruges | €1.7m | €25,299 | 81.6% | - |
| Ferme Michaux Les Bons Villers | €3.6m | €41,406 | 84.1% | - |
| GROSSAR Alken | €2.0m | €25,082 | 79.1% | - |
| BEHEER VAN VOOREN Assenede | €2.1m | €28,070 | 63.1% | - |
| MARIAPOLDER Ghent | €1.7m | €38,925 | 98.5% | 0 |
These companies have the same main activity as ARLETHO: mixed farming (NACE 01500). They are comparable in size and age: total assets between €1.7m and €3.6m, founded between 1978 and 2001.
ARLETHO files the abbreviated format. That format states no turnover. The gross margin fell from €97,472 in 2006 to €19,318 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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