ARODO
ActiveSummary
ARODO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €1.0m. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency60▲+9
Growth55▼-3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230,000 at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.22 in 2024; short-term debt: 63.6% and cash: 11% of total assets), and 65.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
34.6%
Return on assets
9.9%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
30 d early
2023
40 d early
2022
41 d early
2021
47 d early
2020
29 d early
2019
44 d early
← 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 37 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 employer in Arendonk, Manufacturing sector#8 company by total assets in Arendonk, Manufacturing sector#8 oldest company in Arendonk, Manufacturing sector
Turnover
€24.0m▼ 10.3%
2024 · €26.7m
EBIT margin
4.7%▼ 0.6pp
2024 · 5.3%
Net result
€1.0m▼ 13.2%
2024 · €1.2m
Working capital
€2.5m▲ 25.1%
2024 · €2.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€19.2m▲ 8.9%€23.1m▲ 20.0%€27.3m▲ 18.2%€26.7m▼ 1.9%€24.0m▼ 10.3%
Operating result€998,363▲ 62.9%€1.6m▲ 55.6%€1.7m▲ 10.8%€1.4m▼ 17.0%€1.1m▼ 21.0%
Net result€1.2m▲ 116%€1.3m▲ 13.5%€1.7m▲ 29.3%€1.2m▼ 33.4%€1.0m▼ 13.2%
EBIT margin5.2%▲ 1.7pp6.7%▲ 1.5pp6.3%▼ 0.4pp5.3%▼ 1.0pp4.7%▼ 0.6pp
Equity€2.6m▼ 42.2%€3.2m▲ 23.4%€3.6m▲ 11.8%€3.1m▼ 13.6%€3.5m▲ 14.3%
Total assets€10.5m▼ 6.3%€11.8m▲ 12.2%€11.2m▼ 5.7%€12.0m▲ 8.0%€10.2m▼ 15.4%
Debt€8.0m▲ 17.6%€8.6m▲ 8.5%€7.5m▼ 13.5%€8.8m▲ 18.5%€6.5m▼ 26.7%
Working capital€2.0m▼ 47.9%€2.5m▲ 28.8%€2.7m▲ 8.6%€2.0m▼ 28.1%€2.5m▲ 25.1%
Staff (FTE)94.7▲ 5.2%97▲ 2.4%103.2▲ 6.4%113.9▲ 10.4%112.4▼ 1.3%
Why a figure moved sharply
- 2021 Net result +116% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.2m
Fixed assets
€1.2m ▲ 0.9%
Current assets
€9.0m ▼ 17.3%
Equity and liabilities €10.2m
Equity
€3.5m ▲ 14.3%
Provisions
€181,148 ▲ 58.4%
Debt
€6.5m ▼ 26.7%
Debt's share of the balance-sheet total falls from 73.4% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.4m▼
2024 · €1.7m
Cash flow
€1.3m▼
2024 · €1.4m
Current ratio
1.38▲
2024 · 1.22
Quick ratio
1.03▲
2024 · 0.92
Debt to equity
1.84▼
2024 · 2.87
ROE
28.5%▼
2024 · 37.5%
ROA
9.9%▲
2024 · 9.6%
Interest coverage
46.52▼
2024 · 231.05
Debt ≤ 1 year
€6.5m▼
2024 · €8.8m
Income taxes
€303,292▼
2024 · €397,593
Staff costs
€10.0m▲
2024 · €9.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,552 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 1,552 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €20.1m | €22.8m | €25.2m | €26.9m | €25.7m | ▼ 4.5% |
| Turnover70 | €19.2m | €23.1m | €27.3m | €26.7m | €24.0m | ▼ 10.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €609,759 | -€575,779 | -€2.5m | -€136,773 | €1.3m | ▲ 1,032% |
| Own construction capitalised72 | - | - | - | - | €37,757 | - |
| Other operating income74 | €162,702 | €174,448 | €412,813 | €305,149 | €364,156 | ▲ 19.3% |
| Non-recurring operating income76A | €59,679 | €102,008 | €6,782 | €1,250 | €12,682 | ▲ 915% |
| Operating charges60/66A | €19.1m | €21.2m | €23.5m | €25.5m | €24.6m | ▼ 3.6% |
| Goods for resale, raw materials and consumables60 | €9.0m | €10.2m | €11.3m | €11.5m | €9.8m | ▼ 15.4% |
| Purchases600/8 | €9.1m | €10.5m | €11.7m | €11.3m | €9.7m | ▼ 14.7% |
| Change in stocks: decrease (increase)609 | -€145,018 | -€293,722 | -€368,642 | €178,927 | €77,956 | ▼ 56.4% |
| Services and other goods61 | €2.4m | €3.2m | €3.3m | €4.1m | €4.4m | ▲ 6.8% |
| Remuneration, social security and pensions62 | €7.0m | €7.5m | €8.6m | €9.6m | €10.0m | ▲ 4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €188,335 | €194,609 | €237,515 | €264,105 | €311,877 | ▲ 18.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €134,716 | €24,771 | -€60,794 | -€77,165 | -€11,598 | ▲ 85.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €118,566 | -€4,208 | €66,791 | ▲ 1,687% |
| Other operating charges640/8 | €73,497 | €12,880 | €14,564 | €16,002 | €10,863 | ▼ 32.1% |
| Non-recurring operating charges66A | €227,027 | €0 | €446 | €35,599 | €15,000 | ▼ 57.9% |
| Operating profit (loss)9901 | €998,363 | €1.6m | €1.7m | €1.4m | €1.1m | ▼ 21.0% |
| Financial income75/76B | €510,326 | €264,401 | €535,566 | €176,281 | €276,020 | ▲ 56.6% |
| Recurring financial income75 | €510,326 | €264,401 | €535,566 | €176,281 | €276,020 | ▲ 56.6% |
| Income from financial fixed assets750 | €400,000 | €141,750 | €471,263 | €41,500 | €217,162 | ▲ 423% |
| Income from current assets751 | €34 | €1,815 | €28,119 | €119,818 | €37,769 | ▼ 68.5% |
| Other financial income752/9 | €110,292 | €120,836 | €36,184 | €14,963 | €21,089 | ▲ 40.9% |
| Financial charges65/66B | €39,102 | €46,507 | €54,456 | €50,128 | €96,414 | ▲ 92.3% |
| Recurring financial charges65 | €39,102 | €46,507 | €54,456 | €50,128 | €96,414 | ▲ 92.3% |
| Debt charges650 | €5,315 | €6,354 | €6,399 | €7,328 | €30,977 | ▲ 323% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | €35,000 | - |
| Other financial charges652/9 | €33,787 | €40,154 | €48,057 | €42,799 | €30,438 | ▼ 28.9% |
| Profit (loss) for the period before taxes9903 | €1.5m | €1.8m | €2.2m | €1.6m | €1.3m | ▼ 15.9% |
| Income taxes67/77 | €285,831 | €428,263 | €466,165 | €397,593 | €303,292 | ▼ 23.7% |
| Taxes670/3 | €285,831 | €428,263 | €466,165 | €425,882 | €305,493 | ▼ 28.3% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €28,289 | €2,201 | ▼ 92.2% |
| Profit (loss) for the period9904 | €1.2m | €1.3m | €1.7m | €1.2m | €1.0m | ▼ 13.2% |
| Transfer to tax-exempt reserves689 | - | - | €79,990 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.2m | €1.3m | €1.7m | €1.2m | €1.0m | ▼ 13.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.5m | €11.8m | €11.2m | €12.0m | €10.2m | ▼ 15.4% |
| Fixed assets21/28 | €733,119 | €670,119 | €946,864 | €1.2m | €1.2m | ▲ 0.9% |
| Intangible fixed assets21 | €187,548 | €108,677 | €57,005 | €72,287 | €133,100 | ▲ 84.1% |
| Tangible fixed assets22/27 | €364,943 | €380,813 | €709,230 | €975,857 | €926,550 | ▼ 5.1% |
| Plant, machinery and equipment23 | €133,205 | €170,306 | €243,556 | €514,319 | €497,782 | ▼ 3.2% |
| Furniture and vehicles24 | €181,061 | €133,783 | €270,469 | €253,098 | €183,933 | ▼ 27.3% |
| Other tangible fixed assets26 | €50,677 | €67,483 | €73,490 | €208,440 | €211,189 | ▲ 1.3% |
| Assets under construction and advance payments27 | - | €9,241 | €121,716 | €0 | €33,646 | - |
| Financial fixed assets28 | €180,629 | €180,629 | €180,629 | €180,629 | €180,629 | = |
| Affiliated companies280/1 | €180,629 | €180,629 | €180,629 | €180,629 | €180,629 | = |
| Participating interests280 | €180,629 | €180,629 | €180,629 | €180,629 | €180,629 | = |
| Current assets29/58 | €9.8m | €11.2m | €10.2m | €10.8m | €9.0m | ▼ 17.3% |
| Stocks and contracts in progress3 | €4.6m | €5.0m | €2.2m | €2.7m | €2.2m | ▼ 16.7% |
| Stocks30/36 | €4.6m | €5.0m | €2.2m | €2.1m | €2.0m | ▼ 3.0% |
| Work in progress32 | €3.1m | €3.3m | €0 | - | - | - |
| Goods purchased for resale34 | €1.5m | €1.8m | €2.2m | €2.1m | €2.0m | ▼ 3.0% |
| Contracts in progress37 | - | - | €19,718 | €588,779 | €203,199 | ▼ 65.5% |
| Amounts receivable within one year40/41 | €3.0m | €3.2m | €6.1m | €4.7m | €4.9m | ▲ 4.0% |
| Trade receivables40 | €2.9m | €3.0m | €6.0m | €4.5m | €4.8m | ▲ 6.7% |
| Other amounts receivable41 | €144,117 | €238,626 | €121,639 | €214,603 | €101,279 | ▼ 52.8% |
| Current investments50/53 | - | - | - | €1.0m | €500,000 | ▼ 50.0% |
| Other investments51/53 | - | - | - | €1.0m | €500,000 | ▼ 50.0% |
| Cash at bank and in hand54/58 | €2.1m | €2.8m | €1.8m | €2.3m | €1.1m | ▼ 50.6% |
| Deferred charges and accrued income490/1 | €42,233 | €80,281 | €48,019 | €168,162 | €210,212 | ▲ 25.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.5m | €11.8m | €11.2m | €12.0m | €10.2m | ▼ 15.4% |
| Equity10/15 | €2.6m | €3.2m | €3.6m | €3.1m | €3.5m | ▲ 14.3% |
| Contributions10/11 | €158,324 | €158,324 | €158,324 | €158,324 | €158,324 | = |
| Reserves13 | €2.4m | €3.0m | €3.4m | €2.9m | €3.4m | ▲ 15.0% |
| Non-distributable reserves130/1 | €15,832 | €15,832 | €0 | - | - | - |
| Reserves not available under the articles1311 | €15,832 | €15,832 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | €79,990 | €79,990 | €79,990 | = |
| Distributable reserves133 | €2.4m | €3.0m | €3.3m | €2.8m | €3.3m | ▲ 15.4% |
| Provisions and deferred taxes16 | - | - | €118,566 | €114,357 | €181,148 | ▲ 58.4% |
| Provisions for liabilities and charges160/5 | - | - | €118,566 | €114,357 | €181,148 | ▲ 58.4% |
| Other liabilities and charges164/5 | - | - | €118,566 | €114,357 | €181,148 | ▲ 58.4% |
| Amounts payable17/49 | €8.0m | €8.6m | €7.5m | €8.8m | €6.5m | ▼ 26.7% |
| Amounts payable within one year42/48 | €7.9m | €8.6m | €7.5m | €8.8m | €6.5m | ▼ 26.7% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | - | - | - |
| Trade debts44 | €1.4m | €2.2m | €1.5m | €1.5m | €1.2m | ▼ 24.8% |
| Suppliers440/4 | €1.4m | €2.2m | €1.5m | €1.5m | €1.2m | ▼ 24.8% |
| Advances received on contracts in progress46 | €4.1m | €4.8m | €4.0m | €4.7m | €3.1m | ▼ 35.0% |
| Taxes, remuneration and social security45 | €1.4m | €1.5m | €1.7m | €2.0m | €2.1m | ▲ 5.3% |
| Taxes450/3 | €282,024 | €291,775 | €391,580 | €534,554 | €657,828 | ▲ 23.1% |
| Remuneration and social security454/9 | €1.2m | €1.2m | €1.3m | €1.5m | €1.5m | ▼ 1.0% |
| Other amounts payable47/48 | €878,166 | €187,468 | €286,678 | €529,067 | €102,768 | ▼ 80.6% |
| Accrued charges and deferred income492/3 | €104,471 | €507 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €1.3m | €1.7m | €1.2m | €1.0m | ▼ 13.2% |
| + Depreciation and write-downs630 | €188,335 | €194,609 | €237,515 | €264,105 | €311,877 | ▲ 18.1% |
| Operating cash flow (approximation) | €1.4m | €1.5m | €2.0m | €1.4m | €1.3m | ▼ 7.4% |
| Investment in fixed assets (approximation) | - | -€131,608 | -€514,260 | -€546,014 | -€323,384 | ▲ 40.8% |
| Change in cash | - | €715,989 | -€992,164 | €434,256 | -€1.1m | ▼ 365% |
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 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.7m ▲29.3%
Operating result €1.7m, net result €1.7m, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
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Directors · office · real estate
Directors
15 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, Arendonk · 1 establishment unit since 1989
Ground area
9,941 m²
Building footprint
3,630 m²
Volume, LiDAR
23,223 m³
Parcel 13322C1829/00A000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoge Mauw 740, 2370 Arendonk
since 19892.102.733.138
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322C1829/00A000 | Flanders | 9,941 m² | 1 · 3,630 m² | 10.9 m · 2 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 owner · 4 holdingsChain of control
- FILROC
- ARODO
Highest known parent: FILROC. The sources do not say who stands above it.
Owners 1
- FILROCparentSourceaccounts FILROC 2025100%
Holdings 4
-
100%
-
100%
-
100%
-
49%
According to the 2025 annual accounts of ARODO and those 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 28,579 EUR awarded · 28,911 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,560 EUR | 5,408 EUR |
| 2024 | 2 | 7,515 EUR | 8,736 EUR |
| 2023 | 2 | 8,503 EUR | 7,766 EUR |
| 2022 | 1 | 7,001 EUR | 7,001 EUR |
Recognitions · licences · registrations
Dual-learning approval
1 live approval · 2 endedElektrotechnieken duaal (so)
Show 2 ended approvals
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Legal Entity Identifier
254900ZF3YEVI3LE3Y18
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Of 46 companies in sector 28291 we hold annual accounts for 40. 24 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
28291Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436332922
Also
9925:BE0436332922
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.