Arovitec
ActiveSummary
Arovitec has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188,707 and a net result of €27,046. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 2026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability85▲+3
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.89 against 2.87 in 2023; short-term debt: 11.2% and cash: 15.2% of total assets), and 11.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
88.8%
Return on assets
12.7%
Age of the figures
12 mo
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 · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-08-2026, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
99 d late
2023
55 d early
2022
111 d early
2021
1 d early
2020
29 d early
2019
36 d early
2018
43 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 25 days before the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 1 April (4 of the last 5 filed years within 82 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€188,707▲ 41.2%
2023 · €133,623
Total assets
€212,467▲ 28.4%
2023 · €165,524
Net result
€27,046▲ 53.1%
2023 · €17,669
Working capital
€92,455▲ 55.3%
2023 · €59,535
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, 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
Line20202021202220232025
Operating result€3,061▼ 55.2%€13,680▲ 347%€56,172▲ 311%€21,400▼ 61.9%€38,385-
Net result€3,274within the sector's middle half▼ 10.7%€9,739within the sector's middle half▲ 197%€46,496above the sector's middle half▲ 377%€17,669within the sector's middle half▼ 62.0%€27,046above the sector's middle half-
Equity€69,718within the sector's middle half▲ 4.9%€79,458within the sector's middle half▲ 14.0%€115,954within the sector's middle half▲ 45.9%€133,623above the sector's middle half▲ 15.2%€188,707above the sector's middle half-
Total assets€91,044within the sector's middle half▲ 19.3%€113,295within the sector's middle half▲ 24.4%€160,874within the sector's middle half▲ 42.0%€165,524within the sector's middle half▲ 2.9%€212,467within the sector's middle half-
Debt€21,326▲ 116%€33,838▲ 58.7%€44,921▲ 32.8%€31,901▼ 29.0%€23,760-
Working capital€48,680within the sector's middle half▼ 16.6%€56,431within the sector's middle half▲ 15.9%€73,534within the sector's middle half▲ 30.3%€59,535within the sector's middle half▼ 19.0%€92,455above the sector's middle half-
Solvency76.6%above the sector's middle half▼ 10.5pp70.1%within the sector's middle half▼ 6.4pp72.1%within the sector's middle half▲ 1.9pp80.7%above the sector's middle half▲ 8.7pp88.8%above the sector's middle half-
Current ratio3.28within the sector's middle half▼ 3.642.67within the sector's middle half▼ 0.622.74within the sector's middle half▲ 0.072.87within the sector's middle half▲ 0.134.89above the sector's middle half-
Return on assets (ROA)3.6%within the sector's middle half▼ 1.2pp8.6%within the sector's middle half▲ 5.0pp28.9%above the sector's middle half▲ 20.3pp10.7%within the sector's middle half▼ 18.2pp12.7%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €38,385 in 2025, compared with €21,400 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €212,467
Fixed assets
€96,251 ▲ 29.9%
Current assets
€116,216 ▲ 27.1%
Equity and liabilities €212,467
Equity
€188,707 ▲ 41.2%
Debt
€23,760 ▼ 25.5%
Debt's share of the balance-sheet total falls from 19.3% to 11.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55,526▲
2023 · €27,175
Cash flow
€44,187▲
2023 · €23,444
Quick ratio
4.81▲
2023 · 2.40
Debt to equity
0.13▼
2023 · 0.24
ROE
14.3%▲
2023 · 13.2%
Interest coverage
31.92▼
2023 · 37.05
Debt ≤ 1 year
€23,760▼
2023 · €31,901
Income taxes
€9,842▲
2023 · €5,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,696 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 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,413 | €3,272 | €2,949 | €5,775 | €17,141 | - |
| Other operating charges640/8 | - | - | €150 | €89 | €1,130 | - |
| Non-recurring operating charges66A | - | - | - | €395 | - | - |
| Gross operating margin9900 | €8,312 | €16,951 | €59,271 | €27,659 | €56,656 | - |
| Operating profit (loss)9901 | €3,061 | €13,680 | €56,172 | €21,400 | €38,385 | - |
| Financial income75/76B | - | €27 | €116 | €2,403 | €242 | - |
| Recurring financial income75 | €1,158 | €27 | €116 | €94 | €242 | - |
| Non-recurring financial income76B | - | - | - | €2,308 | - | - |
| Financial charges65/66B | - | €1,034 | €715 | €733 | €1,739 | - |
| Recurring financial charges65 | €834 | €1,034 | €715 | €733 | €1,739 | - |
| Profit (loss) for the period before taxes9903 | €3,385 | €12,673 | €55,573 | €23,069 | €36,888 | - |
| Income taxes67/77 | €111 | €2,933 | €9,078 | €5,400 | €9,842 | - |
| Profit (loss) for the period9904 | €3,274 | €9,739 | €46,496 | €17,669 | €27,046 | - |
| Transfer from tax-exempt reserves789 | - | €5,000 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €3,274 | €14,739 | €46,496 | €17,669 | €27,046 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91,044 | €113,295 | €160,874 | €165,524 | €212,467 | - |
| Fixed assets21/28 | €21,038 | €23,026 | €44,964 | €74,087 | €96,251 | - |
| Tangible fixed assets22/27 | €21,038 | €17,766 | €42,334 | €71,457 | €96,251 | - |
| Land and buildings22 | - | €9,982 | €18,029 | €15,797 | €11,679 | - |
| Plant, machinery and equipment23 | - | €3,075 | €18,123 | €44,573 | €56,368 | - |
| Furniture and vehicles24 | - | €4,514 | €3,876 | €3,290 | €11,111 | - |
| Other tangible fixed assets26 | - | €195 | €2,305 | €7,798 | €17,092 | - |
| Financial fixed assets28 | - | €5,260 | €2,630 | €2,630 | - | - |
| Current assets29/58 | €70,006 | €90,269 | €115,911 | €91,436 | €116,216 | - |
| Stocks and contracts in progress3 | €27,236 | €28,916 | €15,324 | €14,956 | €1,845 | - |
| Stocks30/36 | - | €28,916 | €15,324 | €14,956 | €1,845 | - |
| Amounts receivable within one year40/41 | €30,707 | €15,591 | €27,491 | €38,118 | €81,406 | - |
| Trade receivables40 | - | €11,191 | €3,632 | €9,699 | €34,370 | - |
| Other amounts receivable41 | - | €4,400 | €23,859 | €28,419 | €47,036 | - |
| Cash at bank and in hand54/58 | €12,063 | €45,762 | €73,096 | €38,362 | €32,297 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €668 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91,044 | €113,295 | €160,874 | €165,524 | €212,467 | - |
| Equity10/15 | €69,718 | €79,458 | €115,954 | €133,623 | €188,707 | - |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Reserves13 | €17,514 | €12,514 | €12,514 | €12,514 | €120,383 | - |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €10,654 | €10,654 | €10,654 | €10,654 | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €109,729 | - |
| Profit (loss) carried forward14 | €33,604 | €48,344 | €84,840 | €102,509 | €49,724 | - |
| Amounts payable17/49 | €21,326 | €33,838 | €44,921 | €31,901 | €23,760 | - |
| Amounts payable after more than one year17 | - | - | €2,544 | - | - | - |
| Financial debts170/4 | - | - | €2,544 | - | - | - |
| Amounts payable within one year42/48 | €21,326 | €33,838 | €42,377 | €31,901 | €23,760 | - |
| Current portion of amounts payable after more than one year42 | - | €15,122 | €7,601 | €5,154 | - | - |
| Financial debts43 | - | - | - | - | €2,601 | - |
| Other loans439 | - | - | - | - | €2,601 | - |
| Trade debts44 | €18,745 | €15,987 | €20,698 | €19,518 | €11,306 | - |
| Suppliers440/4 | - | €15,987 | €20,698 | €19,518 | €11,306 | - |
| Taxes, remuneration and social security45 | - | €2,729 | €4,078 | €7,229 | €9,853 | - |
| Taxes450/3 | - | €2,729 | €4,078 | €2,703 | €9,853 | - |
| Remuneration and social security454/9 | - | - | - | €4,526 | - | - |
| Other amounts payable47/48 | - | - | €10,000 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,274 | €9,739 | €46,496 | €17,669 | €27,046 | - |
| + Depreciation and write-downs630 | €4,413 | €3,272 | €2,949 | €5,775 | €17,141 | - |
| Operating cash flow (approximation) | €7,687 | €13,011 | €49,445 | €23,444 | €44,187 | - |
| Investment in fixed assets (approximation) | - | -€5,260 | -€24,886 | -€34,899 | - | - |
| Change in cash | - | €33,699 | €27,334 | -€34,734 | - | - |
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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 99 days late
2025
30-09
Financial
Equity above €150,000Eq €188,707 ▲41.2%
7 profitable years in a row build equity to €188,707.
2024
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €46,496 ▲377%
Operating result €56,172, net result €46,496, both a record.
30-09
Financial
Equity above €100,000Eq €115,954 ▲45.9%
5 profitable years in a row build equity to €115,954.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €3,274 ▼10.7%
Net result drops to €3,274, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Aarschot · 1 establishment unit since 2015
Ground area
1,623 m²
Building footprint
217 m²
Volume, LiDAR
1,233 m³
Parcel 24060A0419/00F002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Roadtech Services, The Architective, Vintage Design Boutique
since 20152.240.178.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24060A0419/00F002 | Flanders | 1,623 m² | 1 · 217 m² | 7.0 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.
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Of 3,395 companies in sector 90393 we hold annual accounts for 942. 728 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
Founded06-03-2015
Fiscal year end30-09
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0599999141
Also
9925:BE0599999141
Registered
23-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.