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ARPA GROUP

Active
Private limited companyfounded 20233 yrs activede Smet de Naeyerlaan 172, 1090 Jette, BelgiumKBO/BCE: BE 0801.305.518
Summary

The computed 12-month bankruptcy probability of ARPA GROUP is 7.5% (elevated). The 2024 annual accounts show equity of €4,415 and a net result of €225. Its solvency ranks better than 79% of 6718 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability46▼-54
Solvency94▼-6
Growth52
Track record94
Bankruptcy probability, 12 months
7.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.26; short-term debt: 30.7% and cash: 4% of total assets), and 30.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
69.3%
Return on assets
3.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ARPA GROUP was incorporated on 28 April 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€4,415▲ 5.4%
2023 · €4,190
Total assets
€6,367▲ 34.4%
2023 · €4,737
Net result
€225▼ 89.7%
2023 · €2,190
Working capital
€2,465▲ 10.1%
2023 · €2,240
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20232024
Operating result€2,737-€282▼ 89.7%
Net result€2,190within the sector's middle half-€225within the sector's middle half▼ 89.7%
Equity€4,190below the sector's middle half-€4,415below the sector's middle half▲ 5.4%
Total assets€4,737below the sector's middle half-€6,367below the sector's middle half▲ 34.4%
Debt€548-€1,952▲ 257%
Working capital€2,240within the sector's middle half-€2,465within the sector's middle half▲ 10.1%
Solvency69.3%above the sector's middle half
Current ratio2.26within the sector's middle half
Return on assets (ROA)3.5%within the sector's middle half
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
€0€1,000€2,000€3,000Operating result 2023: €2,737€2,737Net result 2023: €2,190€2,190Operating result 2024: €282€282Net result 2024: €225€22520232024€0€1,000€2,000€3,000Operating result 2023: €2,737€2,740Net result 2023: €2,190€2,190Operating result 2024: €282€282Net result 2024: €225€22520232024
The operating result falls in 2024; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6,367
Fixed assets €1,950 =
Current assets €4,417 ▲ 58.5%
Equity and liabilities €6,367
Equity €4,415 ▲ 5.4%
Debt €1,952 ▲ 257%
Debt's share of the balance-sheet total rises from 11.6% to 30.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Quick ratio
2.03
Debt to equity
0.44
ROE
5.1%
Debt ≤ 1 year
€1,952▲
2023 · €548
Income taxes
€56▼
2023 · €548
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 2,546 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€4,737€6,367▲
Fixed assets21/28€1,950€1,950=
Financial fixed assets28€1,950€1,950=
Current assets29/58€2,787€4,417▲
Stocks and contracts in progress3-€450
Stocks30/36-€450
Amounts receivable within one year40/41€780€3,714▲
Other amounts receivable41€780€3,714▲
Cash at bank and in hand54/58€2,007€254▼
Equity and liabilities
Total equity and liabilities10/49€4,737€6,367▲
Equity10/15€4,190€4,415▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€2,190€2,415▲
Amounts payable17/49€548€1,952▲
Amounts payable within one year42/48€548€1,952▲
Trade debts44-€1,348
Suppliers440/4-€1,348
Taxes, remuneration and social security45€548€604▲
Taxes450/3€548€604▲
Income statement Code20232024
Gross operating margin9900€2,737€282▼
Operating profit (loss)9901€2,737€282▼
Profit (loss) for the period before taxes9903€2,737€282▼
Income taxes67/77€548€56▼
Profit (loss) for the period9904€2,190€225▼
Profit (loss) for the period to be appropriated9905€2,190€225▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,190€2,415▲
Profit (loss) brought forward from the previous period14P-€2,190

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Gross operating margin9900€2,737€282▼ 89.7%
Operating profit (loss)9901€2,737€282▼ 89.7%
Profit (loss) for the period before taxes9903€2,737€282▼ 89.7%
Income taxes67/77€548€56▼ 89.7%
Profit (loss) for the period9904€2,190€225▼ 89.7%
Profit (loss) for the period to be appropriated9905€2,190€225▼ 89.7%
Line20232024Change
Assets
Total assets20/58€4,737€6,367▲ 34.4%
Fixed assets21/28€1,950€1,950=
Financial fixed assets28€1,950€1,950=
Current assets29/58€2,787€4,417▲ 58.5%
Stocks and contracts in progress3-€450-
Stocks30/36-€450-
Amounts receivable within one year40/41€780€3,714▲ 376%
Other amounts receivable41€780€3,714▲ 376%
Cash at bank and in hand54/58€2,007€254▼ 87.4%
Equity and liabilities
Total equity and liabilities10/49€4,737€6,367▲ 34.4%
Equity10/15€4,190€4,415▲ 5.4%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€2,190€2,415▲ 10.3%
Amounts payable17/49€548€1,952▲ 257%
Amounts payable within one year42/48€548€1,952▲ 257%
Trade debts44-€1,348-
Suppliers440/4-€1,348-
Taxes, remuneration and social security45€548€604▲ 10.3%
Taxes450/3€548€604▲ 10.3%
Line20232024Change
Profit (loss) for the period9904€2,190€225▼ 89.7%
Operating cash flow (approximation)€2,190€225▼ 89.7%
Investment in fixed assets (approximation)-€0-
Change in cash--€1,754-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
NBB filing
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, Jette · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
94 m²
Building footprint
76 m²
Volume, LiDAR
1,081 m³
Parcel 21463D0283/00Z040, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
svet makeup studio
de Smet de Naeyerlaan 172, 1090 JetteRetail trade
since 20232.344.636.686
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21463D0283/00Z040 Brussels 94 m² 1 · 76 m² 17.7 m · 5 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.

Similar companies · same sector, comparable size

Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 2,552 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
Founded28-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47750Retail sale of cosmetics and toilet articles
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801305518
Also 9925:BE0801305518
Registered 05-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.