ARNOUT
ActiveSummary
The annual accounts of ARNOUT for fiscal year 2026 show a net loss of 51% of the equity at the start of that year. The 2026 annual accounts show equity of €67,640 and a net result of -€69,923. Equity is shrinking by ~21.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 39% of 242 sector peers (fiscal year 2026). The company has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability0=
Solvency42▼-8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.08 against 1.21 in 2025; short-term debt: 83% and cash: 15.4% of total assets), and 83.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
16.9%
Return on assets
-17.4%
Age of the figures
6 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year -€69,923
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-07-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
92 d early
2025
35 d early
2024
29 d late
2023
169 d late
2022
128 d late
2021
4 d early
2020
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, abbreviated schema
In the rankings
#9 oldest company in Deerlijk, Wholesale and retail trade sector
Turnover
€299,358
EBIT margin
130.4%
Net result
-€69,923▲ 51.9%
2025 · -€145,482
Working capital
€25,757▼ 70.8%
2025 · €88,089
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Turnover
Operating result€19,579€383,673▲ 1,860%-€691,936-€140,634▲ 79.7%-€69,869▲ 50.3%
Net result€11,348within the sector's middle half€288,637above the sector's middle half▲ 2,443%-€632,955below the sector's middle half-€145,482below the sector's middle half▲ 77.0%-€69,923▲ 51.9%
EBIT margin
Equity€627,362above the sector's middle half▲ 1.8%€915,999above the sector's middle half▲ 46.0%€283,044above the sector's middle half▼ 69.1%€137,563above the sector's middle half▼ 51.4%€67,640▼ 50.8%
Total assets€1.1mabove the sector's middle half▼ 3.8%€1.3mabove the sector's middle half▲ 19.3%€525,644above the sector's middle half▼ 59.7%€547,875above the sector's middle half▲ 4.2%€400,816▼ 26.8%
Debt€465,637▼ 10.5%€293,178▼ 37.0%€242,600▼ 17.3%€410,312▲ 69.1%€333,176▼ 18.8%
Working capital€537,991above the sector's middle half▼ 9.4%€995,190above the sector's middle half▲ 85.0%€270,658above the sector's middle half▼ 72.8%€88,089within the sector's middle half▼ 67.5%€25,757▼ 70.8%
Solvency57.4%within the sector's middle half▲ 3.2pp70.2%above the sector's middle half▲ 12.8pp53.8%within the sector's middle half▼ 16.4pp25.1%within the sector's middle half▼ 28.7pp16.9%▼ 8.2pp
Current ratio2.49within the sector's middle half▼ 0.354.39above the sector's middle half▲ 1.902.12within the sector's middle half▼ 2.281.21within the sector's middle half▼ 0.901.08▼ 0.14
Return on assets (ROA)1.0%within the sector's middle half▲ 13.0pp22.1%above the sector's middle half▲ 21.1pp-120.4%below the sector's middle half▼ 142.5pp-26.6%below the sector's middle half▲ 93.9pp-17.4%▲ 9.1pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 stays negative: a loss of €69,869 in 2026 against €140,634 in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €400,816
Fixed assets
€42,203 ▼ 14.7%
Current assets
€358,613 ▼ 28.0%
Equity and liabilities €400,816
Equity
€67,640 ▼ 50.8%
Debt
€333,176 ▼ 18.8%
Debt's share of the balance-sheet total rises from 74.9% to 83.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€64,255▲
2025 · -€131,794
Cash flow
-€64,309▲
2025 · -€136,642
Quick ratio
0.95▼
2025 · 1.10
Debt to equity
4.93▲
2025 · 2.98
ROE
-103.4%▲
2025 · -105.8%
Interest coverage
-1189.91▼
2025 · -26.96
Debt ≤ 1 year
€332,856▼
2025 · €410,295
Staff costs
€53▲
2025 · €52
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,221 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 88% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
3.5%
went bankrupt
7.4%
stopped otherwise
88%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,221 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €76,270 | €380,467 | - | - | - | - |
| Remuneration, social security and pensions62 | -€1,304 | - | €6 | €52 | €53 | ▲ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,342 | €3,880 | €3,540 | €8,840 | €5,613 | ▼ 36.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €653,590 | €3,585 | €0 | ▼ 100% |
| Other operating charges640/8 | €7,834 | €12,253 | €75,054 | €54,374 | €6,788 | ▼ 87.5% |
| Gross operating margin9900 | €51,451 | €399,806 | €40,254 | -€73,783 | -€57,414 | ▲ 22.2% |
| Operating profit (loss)9901 | €19,579 | €383,673 | -€691,936 | -€140,634 | -€69,869 | ▲ 50.3% |
| Financial income75/76B | €1,184 | €877 | €261 | €41 | €0 | ▼ 100% |
| Recurring financial income75 | €1,184 | €877 | €261 | €41 | €0 | ▼ 100% |
| Financial charges65/66B | €9,415 | €796 | €36,397 | €4,889 | €54 | ▼ 98.9% |
| Recurring financial charges65 | €9,415 | €796 | €36,397 | €4,889 | €54 | ▼ 98.9% |
| Profit (loss) for the period before taxes9903 | €11,348 | €383,754 | -€728,072 | -€145,482 | -€69,923 | ▲ 51.9% |
| Transfer from deferred taxes780 | - | - | €95,117 | - | - | - |
| Transfer to deferred taxes680 | - | €95,117 | - | - | - | - |
| Profit (loss) for the period9904 | €11,348 | €288,637 | -€632,955 | -€145,482 | -€69,923 | ▲ 51.9% |
| Transfer from tax-exempt reserves789 | - | - | €285,350 | - | - | - |
| Transfer to tax-exempt reserves689 | - | €285,350 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €11,348 | €3,287 | -€347,605 | -€145,482 | -€69,923 | ▲ 51.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.3m | €525,644 | €547,875 | €400,816 | ▼ 26.8% |
| Fixed assets21/28 | €194,222 | €15,926 | €12,386 | €49,490 | €42,203 | ▼ 14.7% |
| Intangible fixed assets21 | €200 | €100 | - | - | - | - |
| Tangible fixed assets22/27 | €191,832 | €13,684 | €10,244 | €47,816 | €42,203 | ▼ 11.7% |
| Land and buildings22 | €184,089 | €8,749 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | €10,244 | €47,816 | €42,203 | ▼ 11.7% |
| Furniture and vehicles24 | €7,743 | €4,935 | - | - | - | - |
| Financial fixed assets28 | €2,190 | €2,142 | €2,142 | €1,674 | €0 | ▼ 100% |
| Current assets29/58 | €898,777 | €1.3m | €513,258 | €498,385 | €358,613 | ▼ 28.0% |
| Amounts receivable after more than one year29 | - | €185,000 | €185,000 | €185,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | €185,000 | €185,000 | €185,000 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €704,837 | €707,198 | €53,608 | €47,091 | €41,706 | ▼ 11.4% |
| Stocks30/36 | €704,837 | €707,198 | €53,608 | €47,091 | €41,706 | ▼ 11.4% |
| Amounts receivable within one year40/41 | €92,012 | €189,982 | €183,895 | €249,638 | €254,447 | ▲ 1.9% |
| Trade receivables40 | €74,468 | €106,193 | €9,103 | - | €4,809 | - |
| Other amounts receivable41 | €17,544 | €83,789 | €174,792 | €249,638 | €249,638 | = |
| Current investments50/53 | - | - | €35,853 | - | - | - |
| Cash at bank and in hand54/58 | €101,180 | €202,998 | €14,248 | €15,256 | €61,827 | ▲ 305% |
| Deferred charges and accrued income490/1 | €749 | €3,190 | €40,653 | €1,400 | €633 | ▼ 54.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.3m | €525,644 | €547,875 | €400,816 | ▼ 26.8% |
| Equity10/15 | €627,362 | €915,999 | €283,044 | €137,563 | €67,640 | ▼ 50.8% |
| Contributions10/11 | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Capital10 | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Issued capital100 | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Reserves13 | €492,067 | €790,274 | €74,924 | €74,924 | €74,924 | = |
| Non-distributable reserves130/1 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Legal reserve130 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Tax-exempt reserves132 | €62,529 | €347,879 | €62,529 | €62,529 | €62,529 | = |
| Distributable reserves133 | €417,143 | €430,000 | - | - | - | - |
| Profit (loss) carried forward14 | €11,348 | €1,779 | €84,174 | -€61,308 | -€131,230 | ▼ 114% |
| Provisions and deferred taxes16 | - | €95,117 | - | - | - | - |
| Deferred taxes168 | - | €95,117 | - | - | - | - |
| Amounts payable17/49 | €465,637 | €293,178 | €242,600 | €410,312 | €333,176 | ▼ 18.8% |
| Amounts payable after more than one year17 | €98,220 | - | - | - | - | - |
| Financial debts170/4 | €98,220 | - | - | - | - | - |
| Amounts payable within one year42/48 | €360,786 | €293,178 | €242,600 | €410,295 | €332,856 | ▼ 18.9% |
| Current portion of amounts payable after more than one year42 | €4,693 | - | - | - | - | - |
| Trade debts44 | €81,861 | €18,891 | €35,494 | €7,872 | €838 | ▼ 89.4% |
| Suppliers440/4 | €81,861 | €18,891 | €35,494 | €7,872 | €838 | ▼ 89.4% |
| Advances received on contracts in progress46 | - | - | - | €959 | €34 | ▼ 96.5% |
| Taxes, remuneration and social security45 | €1,946 | - | €82 | €8,210 | €250 | ▼ 96.9% |
| Taxes450/3 | - | - | €82 | €8,210 | €250 | ▼ 96.9% |
| Remuneration and social security454/9 | €1,946 | - | - | - | - | - |
| Other amounts payable47/48 | €272,287 | €274,287 | €207,024 | €393,254 | €331,734 | ▼ 15.6% |
| Accrued charges and deferred income492/3 | €6,631 | - | - | €17 | €320 | ▲ 1,812% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,348 | €288,637 | -€632,955 | -€145,482 | -€69,923 | ▲ 51.9% |
| + Depreciation and write-downs630 | €25,342 | €3,880 | €3,540 | €8,840 | €5,613 | ▼ 36.5% |
| Operating cash flow (approximation) | €36,691 | €292,517 | -€629,415 | -€136,642 | -€64,309 | ▲ 52.9% |
| Investment in fixed assets (approximation) | - | €174,416 | €0 | -€45,943 | €1,674 | ▲ 104% |
| Change in cash | - | €101,818 | -€188,750 | €1,008 | €46,571 | ▲ 4,520% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 169 days late
31-03
Financial
Weakest financial yearnet -€632,955
Net result drops to -€632,955, the lowest in the series; recovery starts the following year.
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 128 days late
2022
31-03
Financial
Back to profitnet €11,348
Net result €11,348 after one loss-making year.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
31-03
Financial
Back to profitnet €376,800
Net result €376,800 after one loss-making year.
31-03
Financial
Equity above €500,000Eq €752,429 ▲100%
Equity rises from €375,629 to €752,429.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Deerlijk · 1 establishment unit since 1978
Ground area
1,302 m²
Building footprint
825 m²
Volume, LiDAR
3,571 m³
Parcel 34009A0095/00L003, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Beverenstraat 23, 8540 Deerlijk
since 19782.102.234.478
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009A0095/00L003 | Flanders | 1,302 m² | 1 · 825 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- BACOO
- ARNOUT
Highest known parent: BACOO. The sources do not say who stands above it.
Owners 1
- BACOOparentSourceaccounts BACOO 202499.98%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
RVE Electronics
BE 0883.456.697
Grobbendonk · Eq €67,117
JCM ELECTRO
BE 0883.358.907
Sint-Gillis (bij-Brussel) · Eq €68,603
S’8 HOME
BE 0794.306.670
Awans · Eq €66,014
CLEEREN - DE SMET
BE 0421.166.872
Zelzate · Eq €69,323
MBI
BE 0686.887.187
Elsene · Eq €69,493
Of 1,513 companies in sector 47540 we hold annual accounts for 806. 612 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-06-1978
Fiscal year end31-03
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
46431Wholesale of electrical household appliances and audio-video equipment
77229Renting and leasing of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418401382
Also
9925:BE0418401382
Registered
28-08-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.