ARODAN
ActiveSummary
ARODAN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20k and a net result of €58k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 13% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency34▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.95 in 2023; short-term debt: 86.4% and cash: 26.3% of total assets), and 90.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 2024Solvency, return and age of the figures
Solvency
9.1%
Return on assets
26%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 11615 sector peers (2024).
NBB · sector comparisonPosition among 11615 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
40 d early
2022
54 d early
2021
31 d early
2020
33 d early
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€20k=
2023 · €20k
2018: €21k
2019: €29k
2020: €67k
2021: €20k
2022: €83k
2023: €20k
2018 → 2024
Total assets
€224k▼ 32.0%
2023 · €330k
2018: €60k
2019: €72k
2020: €161k
2021: €198k
2022: €279k
2023: €330k
2018 → 2024
Net result
€58k▼ 33.9%
2023 · €88k
2018: €-3k
2019: €18k
2020: €39k
2021: €84k
2022: €64k
2023: €88k
2018 → 2024
Working capital
€-6k▲ 57.1%
2023 · €-15k
2018: €1k
2019: €9k
2020: €33k
2021: €-9k
2022: €113k
2023: €-15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€20k▼ 69.3%€83k▲ 305%€20k▼ 75.3%€20k=
Operating result€54k-€112k▲ 107%€88k▼ 21.7%€121k▲ 38.5%€80k▼ 34.0%
Net result€39k-€84k▲ 112%€64k▼ 23.3%€88k▲ 37.3%€58k▼ 33.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €224k
Fixed assets
€37k ▼ 30.9%
Current assets
€187k ▼ 32.2%
Equity and liabilities €224k
Equity
€20k =
Debt
€204k ▼ 34.1%
Debt's share of the balance-sheet total falls from 93.8% to 90.9%. Debt is lower.
Key figures and ratios
EBITDA
€100k▼
2023 · €142k
Cash flow
€78k▼
2023 · €109k
Current ratio
0.97▲
2023 · 0.95
Debt to equity
9.95▼
2023 · 15.10
ROE
284.2%▼
2023 · 430.2%
ROA
26.0%▼
2023 · 26.7%
Interest coverage
14.46▼
2023 · 18.35
Debt ≤ 1 year
€193k▼
2023 · €291k
Debt > 1 year
€10k▼
2023 · €18k
Income taxes
€17k▼
2023 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€330k€224k▼
Fixed assets21/28€53k€37k▼
Tangible fixed assets22/27€53k€37k▼
Land and buildings22-€814
Plant, machinery and equipment23€365€173▼
Furniture and vehicles24€53k€36k▼
Current assets29/58€276k€187k▼
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40-€2k
Other amounts receivable41€2k€73▼
Current investments50/53-€120k
Cash at bank and in hand54/58€268k€59k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€330k€224k▼
Equity10/15€20k€20k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Amounts payable17/49€309k€204k▼
Amounts payable after more than one year17€18k€10k▼
Financial debts170/4€18k€10k▼
Amounts payable within one year42/48€291k€193k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€91k€30k▼
Taxes450/3€91k€30k▼
Other amounts payable47/48€183k€148k▼
Income statement
Code20232024
Remuneration, social security and pensions62€176-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€143k€101k▼
Operating profit (loss)9901€121k€80k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€116k€75k▼
Income taxes67/77€28k€17k▼
Profit (loss) for the period9904€88k€58k▼
Profit (loss) for the period to be appropriated9905€88k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€88k€58k▼
Transfer from equity791/2€63k-
Profit to be distributed694/7€151k€58k▼
Return on contributions (dividend)694€151k€58k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €88k ▲37.3%
Operating result €121k, net result €88k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.23
Current ratio from 0.95 to 2.23; short-term debt falls from €174k to €92k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Poperinge · 1 establishment unit since 2015
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.
Provenseweg 38970 PoperingeGround area
1,021 m²
Building footprint
221 m²
Volume, LiDAR
1,120 m³
Parcel 33312A1390/00A002, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ARODAN
since 20152.241.662.674
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33312A1390/00A002 | Flanders | 1,021 m² | 1 · 221 m² | 10.9 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.
Similar companies · same sector, comparable size
ARCHITECT DEBEER
BE 0542.858.520
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ORTS & BALLERIAUX ARCHITECTES
BE 0544.826.036
Vorst · Eq €20,460
PLANEO ARCHITECTURE
BE 0607.939.382
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Sander Verhanneman Architecten
BE 0662.475.851
Moorslede · Eq €20,460
Cloet Bouwconsulting
BE 0663.759.518
Roeselare · Eq €20,460
Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 4,497 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
41001General construction of residential buildings
41003General construction of other non-residential buildings
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.