Arlt
ActiveSummary
Arlt has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€31,239) and a net result of -€13,334. Equity has been shrinking by about 68% per year since 2019. Its solvency ranks better than 5% of 21,158 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-06-2008 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 1 other
- Establishment unit
- 2.171.466.249 2930 Brasschaat, since 11-06-2008
- Financial year end
- 30 June
- Peppol
- Reachable since 07-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts to 30-06-2025
- Gross margin
- -€7,160
- Loss
- €13,334
- ▲ 163%
- Equity
- -€31,239
- ▼ 74.5%
- Total assets
- €7,905
- ▼ 33.5%
- Negative equity on 30-06-2025
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityNegative equity -€31,239Loss of €13,334, the second in a row (financial year 2025)lowers riskSize: total assets €7,905Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 6% of micro companies in computer programming and consultancy (NACE 62)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency
0=
equity -395.2% of total assets
Liquidity
14+8
short-term debt 495.2% · cash 11.3%
Profitability
0=
return on assets -168.7%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.3%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026highest value
03-2026: 0.4%● unchanged vs 02-2026highest value
04-2026: 0.4%● unchanged vs 03-2026highest value
05-2026: 0.4%● unchanged vs 04-2026highest value
06-2026: 0.4%● unchanged vs 05-2026highest value
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: 0.4%● unchanged vs 07-2026highest value
09-2026: 0.4%● unchanged vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.05 (0.08 in 2024), below 1. Short-term debt is 495.2% and cash 11.3% of total assets. Equity is negative.
Calculation
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 62, micro). It does better than 3% of them on solvency, 6% on liquidity, 5% on profitability and 9% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€31,239
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 days early
2024
43 days early
2023
44 days early
2022
41 days early
2021
48 days early
2020
38 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 18 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 11-12-2025 PDF all 17 filings
Equity
-€31,239▼ 74.5%
2024 · -€17,905
Total assets
€7,905▼ 33.5%
2024 · €11,894
Net result
-€13,334▼ 163%
2024 · -€5,068
Working capital
-€37,082▼ 35.5%
2024 · -€27,367
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€13,024
▼ 173%
2025
20192025
Net result
-€13,334
▼ 163%
2025
lowest quarter of the sector
20192025
Equity
-€31,239
▼ 74.5%
2025
lowest quarter of the sector
20192025
Total assets
€7,905
▼ 33.5%
2025
lowest quarter of the sector
20192025
Debt
€39,145
▲ 31.4%
2025
20192025
Working capital
-€37,082
▼ 35.5%
2025
lowest quarter of the sector
20192025
Solvency
-395.2%
▼ 244.6pp
2025
lowest quarter of the sector
20192025
Current ratio
0.05
▼ 0.03
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
-168.7%
▼ 126.1pp
2025
lowest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€123--€13,654-€16,697▼ 22.3%-€6,202▲ 62.9%-€2,123▲ 65.8%-€4,774▼ 125%-€13,024▼ 173%
Net result-€576--€13,864below the sector's middle half▼ 2,308%-€16,978below the sector's middle half▼ 22.5%-€6,297below the sector's middle half▲ 62.9%-€2,458below the sector's middle half▲ 61.0%-€5,068below the sector's middle half▼ 106%-€13,334below the sector's middle half▼ 163%
Equity€26,760-€12,896below the sector's middle half▼ 51.8%-€4,082below the sector's middle half-€10,379below the sector's middle half▼ 154%-€12,837below the sector's middle half▼ 23.7%-€17,905below the sector's middle half▼ 39.5%-€31,239below the sector's middle half▼ 74.5%
Total assets€39,801-€25,924below the sector's middle half▼ 34.9%€7,825below the sector's middle half▼ 69.8%€5,429below the sector's middle half▼ 30.6%€17,316below the sector's middle half▲ 219%€11,894below the sector's middle half▼ 31.3%€7,905below the sector's middle half▼ 33.5%
Debt€13,041-€13,028▼ 0.1%€11,908▼ 8.6%€15,808▲ 32.8%€30,152▲ 90.7%€29,799▼ 1.2%€39,145▲ 31.4%
Working capital€7,466-€325below the sector's middle half▼ 95.6%-€6,621below the sector's middle half-€11,648below the sector's middle half▼ 75.9%-€26,867below the sector's middle half▼ 131%-€27,367below the sector's middle half▼ 1.9%-€37,082below the sector's middle half▼ 35.5%
Solvency67.2%-49.7%within the sector's middle half▼ 17.5pp-52.2%below the sector's middle half▼ 101.9pp-191.2%below the sector's middle half▼ 139.0pp-74.1%below the sector's middle half▲ 117.0pp-150.5%below the sector's middle half▼ 76.4pp-395.2%below the sector's middle half▼ 244.6pp
Current ratio1.57-1.02below the sector's middle half▼ 0.550.44below the sector's middle half▼ 0.580.26below the sector's middle half▼ 0.180.11below the sector's middle half▼ 0.150.08below the sector's middle half▼ 0.030.05below the sector's middle half▼ 0.03
Return on assets (ROA)-1.4%--53.5%below the sector's middle half▼ 52.0pp-217.0%below the sector's middle half▼ 163.5pp-116.0%below the sector's middle half▲ 101.0pp-14.2%below the sector's middle half▲ 101.8pp-42.6%below the sector's middle half▼ 28.4pp-168.7%below the sector's middle half▼ 126.1pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €13,024, larger than the loss of €4,774 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7,905
Fixed assets
€5,843 ▼ 38.2%
Current assets
€2,062 ▼ 15.2%
Equity and liabilities
Equity-€31,239
Debt€39,145
Equity is negative. Debt (€39,145) exceeds the balance-sheet total (€7,905).
Key figures and ratios
EBITDA
-€8,266▼
2024 · -€206
Cash flow
-€8,577▼
2024 · -€501
Interest coverage
-109.01▼
2024 · -3.05
Debt ≤ 1 year
€39,145▲
2024 · €29,799
Income taxes
€235▲
2024 · €227
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €17,899 | - | €1,138 |
| Depreciation and write-downs of the year | €1,269 | €5,138 | €4,568 | €4,758 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · €380 awarded · €380 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €105 | €105 |
| 2023 | 1 | €105 | €105 |
| 2022 | 1 | €170 | €170 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,683 | €6,723 | €4,032 | €1,269 | €5,138 | €4,568 | €4,758 | ▲ 4.2% |
| Other operating charges640/8 | - | - | - | €4,325 | €5,984 | €1,200 | €1,106 | ▼ 7.8% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - |
| Gross operating margin9900 | €16,852 | €2,634 | -€3,277 | -€608 | €8,999 | €994 | -€7,160 | - |
| Operating profit (loss)9901 | €123 | -€13,654 | -€16,697 | -€6,202 | -€2,123 | -€4,774 | -€13,024 | ▼ 173% |
| Financial income75/76B | - | - | - | €0 | - | - | €0 | - |
| Recurring financial income75 | €47 | €7 | €25 | €0 | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €95 | €45 | €67 | €76 | ▲ 12.5% |
| Recurring financial charges65 | €492 | €217 | €307 | €95 | €45 | €67 | €76 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | -€322 | -€13,864 | -€16,978 | -€6,297 | -€2,168 | -€4,841 | -€13,099 | ▼ 171% |
| Income taxes67/77 | €254 | €0 | - | - | €290 | €227 | €235 | ▲ 3.2% |
| Profit (loss) for the period9904 | -€576 | -€13,864 | -€16,978 | -€6,297 | -€2,458 | -€5,068 | -€13,334 | ▼ 163% |
| Profit (loss) for the period to be appropriated9905 | -€576 | -€13,864 | -€16,978 | -€6,297 | -€2,458 | -€5,068 | -€13,334 | ▼ 163% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €39,801 | €25,924 | €7,825 | €5,429 | €17,316 | €11,894 | €7,905 | ▼ 33.5% |
| Fixed assets21/28 | €19,294 | €12,571 | €2,539 | €1,269 | €14,030 | €9,462 | €5,843 | ▼ 38.2% |
| Tangible fixed assets22/27 | €19,294 | €12,571 | €2,539 | €1,269 | €14,030 | €9,462 | €5,843 | ▼ 38.2% |
| Plant, machinery and equipment23 | - | - | - | €1,269 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €14,030 | €9,462 | €5,843 | ▼ 38.2% |
| Current assets29/58 | €20,507 | €13,353 | €5,286 | €4,160 | €3,286 | €2,432 | €2,062 | ▼ 15.2% |
| Amounts receivable within one year40/41 | €4,761 | €6,522 | €159 | €659 | €186 | €1,818 | €1,170 | ▼ 35.7% |
| Trade receivables40 | - | - | - | €0 | - | €1,154 | €710 | ▼ 38.5% |
| Other amounts receivable41 | - | - | - | €659 | €186 | €664 | €460 | ▼ 30.8% |
| Cash at bank and in hand54/58 | €15,746 | €6,763 | €4,935 | €3,500 | €2,447 | €614 | €893 | ▲ 45.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €653 | €0 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €39,801 | €25,924 | €7,825 | €5,429 | €17,316 | €11,894 | €7,905 | ▼ 33.5% |
| Equity10/15 | €26,760 | €12,896 | -€4,082 | -€10,379 | -€12,837 | -€17,905 | -€31,239 | ▼ 74.5% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €12,500 | -€1,364 | -€18,342 | -€24,639 | -€27,097 | -€32,165 | -€45,499 | ▼ 41.5% |
| Amounts payable17/49 | €13,041 | €13,028 | €11,908 | €15,808 | €30,152 | €29,799 | €39,145 | ▲ 31.4% |
| Amounts payable within one year42/48 | €13,041 | €13,028 | €11,908 | €15,808 | €30,152 | €29,799 | €39,145 | ▲ 31.4% |
| Financial debts43 | - | - | - | €5,800 | €5,800 | €5,800 | €5,800 | = |
| Credit institutions430/8 | - | - | - | €5,800 | €5,800 | €5,800 | €5,800 | = |
| Trade debts44 | €8 | €97 | €0 | - | - | €1,000 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | - | - | €1,000 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €0 | €290 | €227 | €235 | ▲ 3.2% |
| Taxes450/3 | - | - | - | €0 | €290 | €227 | €235 | ▲ 3.2% |
| Other amounts payable47/48 | - | - | - | €10,008 | €24,063 | €22,772 | €33,110 | ▲ 45.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€576 | -€13,864 | -€16,978 | -€6,297 | -€2,458 | -€5,068 | -€13,334 | ▼ 163% |
| + Depreciation and write-downs630 | €7,683 | €6,723 | €4,032 | €1,269 | €5,138 | €4,568 | €4,758 | ▲ 4.2% |
| Operating cash flow (approximation) | €7,107 | -€7,141 | -€12,946 | -€5,027 | €2,680 | -€501 | -€8,577 | ▼ 1,613% |
| Investment in fixed assets (approximation) | - | €0 | €6,000 | €0 | -€17,899 | €0 | -€1,138 | - |
| Change in cash | - | -€8,983 | -€1,829 | -€1,434 | -€1,053 | -€1,834 | €279 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,907 companies had the same profile as Arlt has now. Two years later, 85.4% were still going and 5.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
85.4%
was still going
8.1%
stopped otherwise
5.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Arlt itself is lower: 0.4% within 12 months. It rests on far more data about Arlt than the profile alone.
Test of the method
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 6,907 companies, not a prediction for Arlt. 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.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 11-12-2025 | 2025-00579714 | |
| 30-06-2024 | micro format | 19-12-2024 | 2024-00621730 | |
| 30-06-2023 | micro format | 18-12-2023 | 2023-00531507 | |
| 30-06-2022 | micro format | 21-12-2022 | 2022-20544511 | |
| 30-06-2021 | micro format | 14-12-2021 | 2021-80100257 | |
| 30-06-2020 | micro format | 24-12-2020 | 2020-77000372 | |
| 30-06-2019 | micro format | 19-12-2019 | 2019-76600261 | |
| 30-06-2018 | micro format | 10-12-2018 | 2018-73900565 | |
| 30-06-2017 | micro format | 22-12-2017 | 2017-73000413 | |
| 30-06-2016 | abbreviated format | 09-12-2016 | 2016-69700157 |
Board & ownership
Directors
Directors
1 director
ARLT STEPHAN
Current
Director · listed in the 2025 annual accounts, filed on 11-12-2025
Owners and capital
Owners
Network & group
Arlt shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Arlt. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2025
11-12
micro format · 51 days before the deadline
2024
19-12
micro format · 43 days before the deadline
2023
18-12
micro format · 44 days before the deadline
2022
21-12
micro format · 41 days before the deadline
2021
14-12
micro format · 48 days before the deadline
30-06
Financial
Weakest financial yearnet -€16,978
The net result drops to -€16,978, the lowest from 2019 to 2025. It recovers the following year.
2020
24-12
micro format · 38 days before the deadline
2019
19-12
micro format · 43 days before the deadline
2018
10-12
micro format · 52 days before the deadline
2017
22-12
micro format · 40 days before the deadline
2016
09-12
abbreviated format · 53 days before the deadline
2008
13-06
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Arlt in Dutch
Enterprise number
0898.473.089
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
11-06-2008
Entity type
Legal entity
Registered office and establishments
Registered office
Heideaard 143, 2930 Brasschaat, Belgium
Establishment unit
ARLT, Heideaard 143, 2930 Brasschaat since 11-06-2008 · unit number 2.171.466.249
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62900
Other information technology and computer services
Codes under NACEBEL 2008
62020
IT consultancy main activity
62090
Computer programming, consultancy and related activities
Invoicing and payment
VAT number
BE 0898.473.089
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Sites & property
Location
Buildings and parcels at the address
Ground area
547 m²
Building footprint
173 m²
Building volume
617 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11324D0279/00F004 | Flanders | 547 m² | 1 · 173 m² | 5.5 m · 1 |