Equity
€11,649 from €132,558 in 2022
Equity fell by 91% in 3 years.
ARNTHOR
Overview
Lifetime
6 annual accounts with figures on one time axispeak €148,361 (2025)
€148,361▲ 11.4%
peak €105,317 (2025)
€105,317▲ 8.7%
peak €132,558 (2022)
€11,649▲ 84.0%
€106,821▼ 12.4%
Board1 name since 2020
1 directorLESAFFRE Arthur
Documentsfilings and deeds
19-12-2025132 days before the deadline
2025micro format
Dividend €100,000Equity from €6,332 to €11,649Investments €9,006
Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Debts
€106,821 90% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Of this, €106,522 falls due within a year.
Investments
€9,848 2.3 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 4 to 134 days before the end of the period.
Position in the sector
€11,649
Less equity than 86% of companies in financial services. Sector median €124,057 · 9,778 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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
Two signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9771 sector peers (2025).
NBB · sector comparisonPosition among 9771 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-12-2025, 132 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
132 days early
2024
134 days early
2023
36 days early
2022
45 days early
2021
4 days early
2020
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 60 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 16 March (4 of the last 5 accounts filed within 87 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0750804249
Registered office moved from Lievegem to Mariakerke
New registered office: Albrecht Dürerlaan 52, 9030 MARIAKERKE · Previous registered office: Pastoor Moemautstraat 2, 9921 LIEVEGEM · Board meeting of 01-12-2022 · Gazette deed
Incorporation
Founding capital of €1,000 · Founder: LESAFFRE Arthur · Appointment: LESAFFRE Arthur (director) · published on 22-07-2020 · Gazette deed
First establishment
Albrecht Dürerlaan 52, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARNTHOR Ghent | €118,471 | €148,361 | 9.8% | - |
| Jan4food Deinze | €135,241 | €158,448 | 75.1% | - |
| Bevercon Zottegem | €116,538 | €131,183 | 74.3% | - |
| Tyger Deinze | €142,272 | €171,042 | 14.4% | - |
| PWDM Nazareth-De Pinte | €136,607 | €127,231 | 11.9% | 0 |
| 5D2 Hamme (Vl.) | €117,955 | €125,849 | 78.1% | - |
| ARCARIUS Mechelen | €132,432 | €139,580 | 70.2% | - |
These companies have the same main activity as ARNTHOR: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €117,000 and €142,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 17-07-2020Normal situation
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.305.799.0749030 Ghent, since 17-07-2020
- Financial year end
- 30 September
- Peppol
- Reachable since 05-01-2026
Annual accounts to 30-09-2025
- €105,317▲ 8.7%
- €11,649▲ 84.0%
- €118,471▼ 7.6%
- Filing
- Filed on 19-12-2025, 132 days before the end of the filing period
Insights on ARNTHOR
ARNTHOR files the micro format. That format states no turnover. The gross margin rose from €7,007 in 2020 to €148,361 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 19-12-2025, 132 days before the deadline€11,649
▲ 84.0%
€118,471
▼ 7.6%
€105,317
▲ 8.7%
9.8%
▲ 4.9 percentage points
904.1%
88.9%
▲ 13.3 percentage points
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €118,471 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
9.8%
Higher than 16% of 9,771 companies in 2025.
88.9%
Higher than 95% of 9,625 companies in 2025.
ARNTHOR
Middle half of the sector
80% of the sector
Micro accounts in financial services (NACE 64)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
118,471 | 128,243 | 80,475 | 155,047 | 85,304 | 20,604 | |
21/28 |
10,672 | 5,896 | 27,877 | 31,395 | 36,640 | 592 | |
22/27 |
10,672 | 5,896 | 27,877 | 31,395 | 36,640 | 592 | |
23 |
5,369 | - | - | - | - | - | |
24 |
5,303 | 5,896 | 27,877 | 31,395 | 36,640 | 592 | |
29/58 |
107,799 | 122,347 | 52,598 | 123,652 | 48,664 | 20,013 | |
40/41 |
914 | 1,462 | 13,867 | 4,517 | 10,188 | 11,724 | |
40 |
- | - | 8,823 | - | 10,188 | 11,724 | |
41 |
914 | 1,462 | 5,044 | 4,517 | - | - | |
54/58 |
54,565 | 76,496 | 3,129 | 94,629 | 37,508 | 8,289 | |
490/1 |
52,320 | 44,390 | 35,602 | 24,505 | 968 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
118,471 | 128,243 | 80,475 | 155,047 | 85,304 | 20,604 | |
10/15 |
11,649 | 6,332 | 24,441 | 132,558 | 59,066 | 6,404 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
13 |
10,000 | 5,332 | 23,000 | 131,000 | 58,000 | 5,000 | |
133 |
10,000 | 5,332 | 23,000 | 131,000 | 58,000 | 5,000 | |
14 |
649 | - | 441 | 558 | 66 | 404 | |
17/49 |
106,821 | 121,910 | 56,034 | 22,489 | 26,239 | 14,200 | |
42/48 |
106,522 | 121,359 | 55,537 | 22,329 | 25,952 | 14,200 | |
44 |
383 | 1,417 | 1,222 | 1,612 | 864 | 1,495 | |
440/4 |
383 | 1,417 | 1,222 | 1,612 | 864 | 1,495 | |
45 |
26 | 2,783 | 588 | 20,717 | 22,835 | 9,164 | |
450/3 |
26 | 2,783 | 588 | 20,717 | 21,235 | 6,011 | |
454/9 |
- | - | - | - | 1,600 | 3,153 | |
47/48 |
106,113 | 117,160 | 53,727 | - | 2,253 | 3,541 | |
492/3 |
299 | 551 | 497 | 160 | 287 | - | |
| Income statement | |||||||
76A |
- | 7,072 | - | - | - | - | |
9900 |
148,361 | 133,182 | 103,956 | 103,424 | 71,293 | 7,007 | |
630 |
4,229 | 2,231 | 10,577 | 8,934 | 2,362 | 27 | |
640/8 |
566 | 681 | 1,291 | 873 | 1,592 | - | |
66A |
842 | 14 | - | 62 | - | - | |
9901 |
142,723 | 130,256 | 92,087 | 93,555 | 67,339 | 6,980 | |
75/76B |
- | 0 | 0 | 254 | - | - | |
75 |
- | 0 | 0 | 254 | - | - | |
65/66B |
820 | 582 | 249 | 37 | 151 | - | |
65 |
820 | 582 | 249 | 37 | 151 | - | |
9903 |
141,903 | 129,674 | 91,839 | 93,773 | 67,188 | 6,980 | |
67/77 |
36,586 | 32,783 | 19,956 | 20,280 | 14,526 | 1,575 | |
9904 |
105,317 | 96,891 | 71,883 | 73,493 | 52,661 | 5,404 | |
9905 |
105,317 | 96,891 | 71,883 | 73,493 | 52,661 | 5,404 | |
| Appropriation of the result | |||||||
9906 |
105,317 | 97,332 | 72,441 | 73,558 | 53,066 | 5,404 | |
14P |
- | 441 | 558 | 66 | 404 | - | |
791/2 |
- | 17,668 | 130,000 | - | - | - | |
691/2 |
4,668 | - | 22,000 | 73,000 | 53,000 | 5,000 | |
6921 |
4,668 | - | 22,000 | 73,000 | 53,000 | 5,000 | |
694/7 |
100,000 | 115,000 | 180,000 | - | - | - | |
694 |
100,000 | 115,000 | 180,000 | - | - | - | |
| Document | |||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 19-12-2025 | 2025-00589061 | |
| 30-09-2024 | micro format | 17-12-2024 | 2024-00617890 | |
| 30-09-2023 | micro format | 25-03-2024 | 2024-00048908 | |
| 30-09-2022 | micro format | 16-03-2023 | 2023-00040481 | |
| 30-09-2021 | micro format | 26-04-2022 | 2022-20008800 | |
| 30-09-2020 | micro format | 22-04-2021 | 2021-10900283 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 9,848 | 939 | 7,059 | 3,689 | 38,410 | 619 | ||
| -21,931 | 73,366 | -91,500 | 57,121 | 29,219 | - | ||
| 9.8% | 4.9% | 30.4% | 85.5% | 69.2% | 31.1% | ||
| 904.1% | - | 294.1% | 55.4% | 89.2% | 84.4% | ||
| 88.9% | 75.6% | 89.3% | 47.4% | 61.7% | 26.2% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,848 | €939 | €7,059 | €3,689 | €38,410 |
| €4,229 | €2,231 | €10,577 | €8,934 | €2,362 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ARNTHOR
The operating result for 2025 is 10% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 95.1% to 90.2%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 17-07-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 19-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Onverminderd de verplichtingen die voortvloeien uit collegiaal bestuur, met name overleg en toezicht, kunnen de bestuurders de bestuurstaken…”deed of 22-07-2020
Mandates through the years
1 name, the dashed line is todayLESAFFRE Arthur
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- LESAFFRE Arthur
- Director (not named in the articles), from 17-07-2020 to date
Control
Founder
LESAFFRE Arthur
This company
ARNTHOR
Equity €11,649
Profit €105,317 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €116 in 2025
- Source
- deed of 22-07-2020
Articles of association
deed of 22-07-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Meerderheid van leden aanwezig of vertegenwoordigd, eenvoudige meerderheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of March at 14:00
Shareholders
At incorporation
deed of 22-07-2020 ↗
- LESAFFRE Arthur 100 shares (100%) · €1,000
Capital transactions
Capital over time
- 22-07-2020 Incorporation · €1,000
- 22-07-2020 Incorporation · 100 shares
Network & group
No group
ARNTHOR has no parent and no holdings in its annual accounts. LESAFFRE Arthur is the only director.
The LEI register names no parent.
At the same address
Albrecht Dürerlaan 52, 9030 Ghent · 1 other company| Lesaffre, Arthur (sole trader)
establishment since 08-08-2022 |
founded in 2022 0789.471.320 |
Earlier ties
| City 25 via LESAFFRE Arthur, no longer at City 25 · Director (not named in the articles) · deed of 22-01-2026 founded in 1980 |
2 FTE (2025) |
Connections & network
The network starts from the earlier ties.
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
Timeline
13 events since 2020Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 30-04-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0750804249
2025
Annual accounts 2025 filed PDFmicro format · 132 days before the deadline
Highest result from 2020 to 2025 net €105,317 ▲8.7% The operating result of €142,723 and the net result of €105,317 are both a record.
2024
Annual accounts 2024 filed PDFmicro format · 134 days before the deadline
Annual accounts 2023 filed PDFmicro format · 36 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 45 days before the deadline
Registered office moved from Lievegem to MariakerkeNew registered office: Albrecht Dürerlaan 52, 9030 MARIAKERKE · Previous registered office: Pastoor Moemautstraat 2, 9921 LIEVEGEM · Board meeting of 01-12-20222 points ▸
- Board meeting, 01-12-2022
- Registered-office move, Albrecht Dürerlaan 52, 9030 MARIAKERKE
2022
Liquidity more than doubled current ratio 5.54 The current ratio rises from 1.88 to 5.54. Short-term debt falls from €25,952 to €22,329.
Equity above €100,000 equity €132,558 ▲124% With a profit in every financial year since 2020, equity grows to €132,558.
Annual accounts 2021 filed PDFmicro format · 4 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 8 days before the deadline
2020
IncorporationFounding capital of €1,000 · Founder: LESAFFRE Arthur · Appointment: LESAFFRE Arthur (director) · published on 22-07-20205 points ▸
- Founder, LESAFFRE Arthur
- Founding capital, €1,000
- 100 shares
- Board rule, 1
- Director appointment, LESAFFRE Arthur (director (not named in the articles))
- The deed holds 2 more points.
First establishment Albrecht Dürerlaan 52, Ghent
Financial 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
Identity
- Enterprise number
- 0750.804.249
- VAT number
- BE 0750.804.249
- Peppol ID
- 0208:0750804249
- Other Peppol ID
- 9925:BE0750804249
- LEI code
- 875500LMCQNWALNQ1063 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-07-2020
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of March at 14:00deed of 22-07-2020 (in Dutch)
- Peppol
- Reachable since 05-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- "ARNTHOR" in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-07-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Pastoor Moernautstraat 2, 9921 Lievegem (Vinderhoute)”deed of 22-07-2020 (in Dutch)
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium; Het verrichten van alle handelingen met betrekking tot…”deed of 22-07-2020 (in Dutch)
11 activities
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium.
- Het verrichten van alle handelingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het beheren,het verwerven of vervreemden van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen,vennootschappen en ondernemingen.
- De vennootschap kan zowel in België als in het buitenland alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks,geheel of gedeeltelijk verband met haar voorwerp of die van die aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden.
- Het verlenen van bijstand en hulp onder hun meest verschillende vormen aan derden,bijvoorbeeld andere vennootschappen en/of eenmanszaken,en dit op het vlak van beheer,de controle,het toezicht,de organisatie,de administratie;het verlenen van adviezen en intellectuele en administratieve hulp,het ter beschikking stellen aan derden onder welke vorm ook van benodigdheden,materiaal,instrumenten,hard- en software,het uitvoeren in verband met hetgeen voorafgaat aan concrete projecten,het dienstbetoon inzake organisatie en toepassing van de meest verschillende wetgevingen,het ter beschikking stellen van management,het uitoefenen van bedrijfsleiding en het organiseren ervan,voor eigen rekening als voor rekening van of in deelneming met derden,van handels-,nijverheids-,of andere ondernemingen,bestaande onder om het even welke vorm,en dit zonder enige beperking.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer,valorisatie en in stand houden van eigen onroerende goederen,ondermeer door verhuring,onroerende leasing en andere overeenkomsten met derden in verband met hun gebruik en genot.
- De vennootschap mag ondermeer onroerende goederen verwerven,laten bouwen,laten opschikken,laten uitrusten,laten ombouwen;zij mag onroerende goederen vervreemden met het oog op wederbelegging en opbrengst,zij mag optierechten met betrekking tot onroerende goederen nemen en afstaan;zij mag zakelijke rechten (vruchtgebruik,erfpacht,opstal,…) op onroerende goederen verwerven,vestigen,overdragen en beëindigen.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen,vennootschappen,ondernemingen en particulieren,onder om het even welke vorm.
- In dit kader kan zij alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Albrecht Dürerlaan 52 registered office 9030 Ghent | 17-07-2020 | 2.305.799.074 |
1 former office
- 9921 Lievegem until 01-12-2022 · deed of 17-02-2023
Buildings and parcels at the address
- Ground area
- 1,291 m²
- Buildings
- 287 m²
- Volume, LiDAR
- 1,122 m³
- Tallest building
- 6.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44038A0470/00G002 | 1,291 m² | 1 · 287 m² | 6.4 m · 1 |
Contact
E-mail
arnthorbv@gmail.com