AROFISC
ActiveAROFISC has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €307k and a net result of €29k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 12685 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+7
Solvency77▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.51 in 2024; short-term debt: 27.9% and cash: 30% of total assets), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
51.6%
Return on assets
5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
51 d early
2023
47 d early
2022
50 d early
2021
46 d early
2020
41 d early
2019
56 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€307k▼ 8.0%
2024 · €333k
2019: €232k
2020: €276k
2021: €303k
2022: €406k
2023: €358k
2024: €333k
2019 → 2025
Total assets
€594k▼ 3.0%
2024 · €612k
2019: €564k
2020: €638k
2021: €684k
2022: €765k
2023: €674k
2024: €612k
2019 → 2025
Net result
€29k
2024 · €-3k
2019: €57k
2020: €45k
2021: €27k
2022: €185k
2023: €-13k
2024: €-3k
2019 → 2025
Working capital
€51k▼ 23.5%
2024 · €67k
2019: €152k
2020: €136k
2021: €-43k
2022: €119k
2023: €84k
2024: €67k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€303k-€406k▲ 34.2%€358k▼ 11.8%€333k▼ 6.9%€307k▼ 8.0%
Operating result€35k-€237k▲ 575%€278▼ 99.9%€5k▲ 1,664%€49k▲ 900%
Net result€27k-€185k▲ 574%€-13k€-3k▲ 78.4%€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 900% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €594k
Fixed assets
€377k▼ 8.8%
Current assets
€217k▲ 9.1%
Equity and liabilities €594k
Equity
€307k▼ 8.0%
Provisions
€25k▼ 10.2%
Debt
€262k▲ 4.5%
The debt ratio rises from 41.0% to 44.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€88k▲
2024 · €45k
Cash flow
€69k▲
2024 · €38k
Solvency
51.6%▼
2024 · 54.5%
Current ratio
1.31▼
2024 · 1.51
Quick ratio
1.31▼
2024 · 1.51
Debt / equity
0.85▲
2024 · 0.75
ROE
9.6%▲
2024 · -0.8%
ROA
5.0%▲
2024 · -0.5%
Interest coverage
21.06▲
2024 · 10.39
Debt
€262k▲
2024 · €251k
Debt ≤ 1 year
€166k▲
2024 · €132k
Debt > 1 year
€96k▼
2024 · €119k
Income taxes
€20k▲
2024 · €8k
Staff costs
€285k▲
2024 · €267k
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€612k€594k▼
Fixed assets21/28€413k€377k▼
Tangible fixed assets22/27€412k€376k▼
Land and buildings22€300k€292k▼
Plant, machinery and equipment23€91k€73k▼
Furniture and vehicles24€21k€10k▼
Financial fixed assets28€1k€1k=
Current assets29/58€199k€217k▲
Amounts receivable within one year40/41€29k€38k▲
Trade receivables40€29k€38k▲
Cash at bank and in hand54/58€170k€178k▲
Deferred charges and accrued income490/1-€619
Equity and liabilities
Total equity and liabilities10/49€612k€594k▼
Equity10/15€333k€307k▼
Contributions10/11€19k€19k=
Reserves13€315k€288k▼
Tax-exempt reserves132€112k€100k▼
Distributable reserves133€203k€188k▼
Provisions and deferred taxes16€28k€25k▼
Provisions for liabilities and charges160/5€28k€25k▼
Taxes161€28k€25k▼
Amounts payable17/49€251k€262k▲
Amounts payable after more than one year17€119k€96k▼
Financial debts170/4€119k€96k▼
Amounts payable within one year42/48€132k€166k▲
Current portion of amounts payable after more than one year42€29k€23k▼
Financial debts43€2k€4k▲
Credit institutions430/8€2k€4k▲
Trade debts44€16k€16k▲
Suppliers440/4€16k€16k▲
Taxes, remuneration and social security45€60k€64k▲
Taxes450/3-€22k
Remuneration and social security454/9€60k€42k▼
Other amounts payable47/48€25k€58k▲
Income statement
Code20242025
Remuneration, social security and pensions62€267k€285k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€39k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€2k▼
Other operating charges640/8€12k€10k▼
Gross operating margin9900€327k€386k▲
Operating profit (loss)9901€5k€49k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€2k€46k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€8k€20k▲
Profit (loss) for the period9904€-3k€29k▲
Transfer from tax-exempt reserves789€11k€11k=
Profit (loss) for the period to be appropriated9905€9k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€41k▲
Transfer from equity791/2€22k€56k▲
Transfer to equity691/2€9k€41k▲
To other reserves6921€9k€41k▲
Profit to be distributed694/7€22k€56k▲
Return on contributions (dividend)694€22k€56k▲
The notes to these accounts (8 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
03-07
State Gazette act
Incorporation · Founder
Founding capital · Director appointment
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-13k ▼107%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €185k ▲574%
Operating result €237k, net result €185k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.75 to 1.81; short-term debt falls from €169k to €147k.
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
06-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 1998
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.
Groot Hagelkruis 1702180 AntwerpenGround area
407 m²
Building footprint
322 m²
Volume, LiDAR
1,083 m³
Parcel 11817F0657/00W000, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AROFISC
since 19982.187.948.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11817F0657/00W000 | Flanders | 407 m² | 1 · 322 m² | 8.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,830 EUR awarded · 4,830 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,209 EUR | 1,209 EUR |
| 2024 | 1 | 1,231 EUR | 1,231 EUR |
| 2023 | 1 | 1,351 EUR | 1,351 EUR |
| 2022 | 1 | 1,039 EUR | 1,039 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,048 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-1997
Fiscal year end30-06
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.