ARNO - PROTEIN & FAT
ActiveARNO - PROTEIN & FAT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.56M and a net result of €746k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency100=
Growth40▲+1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.05M at 30 days acceptable
Liquidity ample (current ratio 4.41 against 3.87 in 2024; short-term debt: 11.5% and cash: 0% of total assets), and 11.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
88.4%
Return on assets
4.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-03-2026, 128 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
128 d early
2024
140 d early
2023
154 d early
2022
152 d early
2021
117 d early
2020
148 d early
2019
112 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory
Turnover
€10.72M▼ 0.1%
2024 · €10.74M
2018: €15.88M
2019: €14.06M
2020: €18.16M
2021: €23.52M
2022: €30.47M
2023: €14.91M
2024: €10.74M
2018 → 2025
EBIT margin
7.9%▼ 0.1pp
2024 · 8.0%
2018: 3.8%
2019: 4.3%
2020: 4.0%
2021: 3.0%
2022: 2.6%
2023: 3.8%
2024: 8.0%
2018 → 2025
Net result
€746k▲ 5.4%
2024 · €708k
2018: €1.72M
2019: €926k
2020: €1.34M
2021: €2.02M
2022: €5.61M
2023: €3.42M
2024: €708k
2018 → 2025
Working capital
€6.03M▲ 16.4%
2024 · €5.18M
2018: €2.73M
2019: €2.44M
2020: €1.68M
2021: €-1.55M
2022: €867k
2023: €4.25M
2024: €5.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€23.52M-€30.47M▲ 29.5%€14.91M▼ 51.1%€10.74M▼ 28.0%€10.72M▼ 0.1%
Equity€6.07M-€8.68M▲ 43.0%€12.11M▲ 39.4%€12.81M▲ 5.8%€13.56M▲ 5.8%
Operating result€701k-€805k▲ 14.8%€564k▼ 30.0%€856k▲ 51.9%€843k▼ 1.5%
Net result€2.02M-€5.61M▲ 177%€3.42M▼ 39.0%€708k▼ 79.3%€746k▲ 5.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.33M
Fixed assets
€7.54M▼ 1.3%
Current assets
€7.80M▲ 11.7%
Equity and liabilities €15.33M
Equity
€13.56M▲ 5.8%
Debt
€1.77M▼ 1.9%
The debt ratio falls from 12.4% to 11.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.12M▼
2024 · €1.14M
Cash flow
€1.03M▲
2024 · €993k
Solvency
88.4%▲
2024 · 87.6%
Current ratio
4.41▲
2024 · 3.87
Quick ratio
4.40▲
2024 · 3.87
Debt / equity
0.13▼
2024 · 0.14
ROE
5.5%▼
2024 · 5.5%
ROA
4.9%▲
2024 · 4.8%
Interest coverage
240.99▼
2024 · 242.99
Debt
€1.77M▼
2024 · €1.81M
Debt ≤ 1 year
€1.77M▼
2024 · €1.80M
Income taxes
€248k▼
2024 · €268k
Staff costs
€1.17M▲
2024 · €1.11M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€14.62M€15.33M▲
Fixed assets21/28€7.64M€7.54M▼
Tangible fixed assets22/27€635k€534k▼
Plant, machinery and equipment23€2k€0▼
Furniture and vehicles24€633k€534k▼
Financial fixed assets28€7.00M€7.00M=
Affiliated companies280/1€7.00M€7.00M=
Participating interests280€7.00M€7.00M=
Other financial fixed assets284/8€3k€2k▼
Amounts receivable and cash guarantees285/8€3k€2k▼
Current assets29/58€6.98M€7.80M▲
Stocks and contracts in progress3€1k€8k▲
Stocks30/36€1k€8k▲
Finished goods33€1k€8k▲
Amounts receivable within one year40/41€6.97M€7.77M▲
Trade receivables40€938k€1.11M▲
Other amounts receivable41€6.03M€6.67M▲
Cash at bank and in hand54/58€201€174▼
Deferred charges and accrued income490/1€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€14.62M€15.33M▲
Equity10/15€12.81M€13.56M▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€715k€719k▲
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€420k€425k▲
Distributable reserves133€280k€280k=
Profit (loss) carried forward14€12.03M€12.77M▲
Amounts payable17/49€1.81M€1.77M▼
Amounts payable within one year42/48€1.80M€1.77M▼
Trade debts44€1.37M€1.57M▲
Suppliers440/4€1.37M€1.57M▲
Taxes, remuneration and social security45€438k€196k▼
Taxes450/3€284k€41k▼
Remuneration and social security454/9€154k€156k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20242025
Operating income70/76A€10.75M€10.76M▲
Turnover70€10.74M€10.72M▼
Change in stocks of work in progress, finished goods and contracts in progress71€1k€6k▲
Other operating income74€12k€9k▼
Non-recurring operating income76A€0€17k▲
Operating charges60/66A€9.89M€9.91M▲
Goods for resale, raw materials and consumables60€7.40M€7.40M=
Purchases600/8€7.40M€7.40M=
Services and other goods61€1.10M€1.06M▼
Remuneration, social security and pensions62€1.11M€1.17M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€285k€279k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€9k€10k▲
Operating profit (loss)9901€856k€843k▼
Financial income75/76B€125k€156k▲
Recurring financial income75€125k€156k▲
Income from financial fixed assets750€0-
Income from current assets751€125k€156k▲
Other financial income752/9€0€72▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Other financial charges652/9€5k€5k▼
Profit (loss) for the period before taxes9903€976k€995k▲
Income taxes67/77€268k€248k▼
Taxes670/3€268k€248k▼
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€708k€746k▲
Transfer to tax-exempt reserves689€0€5k▲
Profit (loss) for the period to be appropriated9905€708k€742k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12.03M€12.77M▲
Profit (loss) brought forward from the previous period14P€11.32M€12.03M▲
Social balance
Average headcount (FTE)908713.814.5▲
The notes to these accounts (47 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
11-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Auditor appointment4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Auditor appointment4 facts ▸
- General meeting, 27/02/2026
- Director reappointment, Bürger Carl (bestuurder)
- Auditor appointment, BV PKF Bofidi Audit (commissaris)
- Permanent representative, VAN NUFFEL Clint
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €708k ▼79.3%
Net result drops to €708k, the lowest in the series; recovery starts the following year.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 2.94
Current ratio from 1.13 to 2.94; short-term debt falls from €6.43M to €2.19M.
31-12
Financial
Equity above €10MEq €12.11M ▲39.4%
6 profitable years in a row build equity to €12.11M.
01-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €5.61M ▲177%
Net result €5.61M, the highest in the series.
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
05-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Bürger Carl
CurrentDirector · since 27-02-2026
27-02-2026
Mandate renewed as Director
Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 1991
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.
Oostendesteenweg(FEER) 968480 IchtegemGround area
945 m²
Building footprint
160 m²
Volume, LiDAR
786 m³
Parcel 35006D0150/00N002, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ARNO- PROTEIN & FAT
since 19912.051.967.395
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006D0150/00N002 | Flanders | 945 m² | 1 · 160 m² | 8.5 m · 1 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.
Statutory auditor
1 auditor| PKF Bofidi AuditCurrent Statutory auditor | 11-08-2026 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 23,151 EUR awarded · 23,215 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 370 EUR | 370 EUR |
| 2024 | 1 | 240 EUR | 240 EUR |
| 2023 | 2 | 21,923 EUR | 21,987 EUR |
| 2022 | 1 | 618 EUR | 618 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 392 companies in sector 46331 we hold annual accounts for 228. 84 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-03-1991
Fiscal year end31-12
Activities, NACEBEL
46331Wholesale trade
49410Freight transport by road
51331
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.