ARPENDIS
ActiveSummary
ARPENDIS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,506) and a net result of €5,904. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+32
Solvency5▲+5
Growth68▲+16
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.73 in 2024; short-term debt: 76.7% and cash: 4.2% of total assets), and equity is negative.
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Signals
Six 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
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
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 2025Solvency, return and age of the figures
Solvency
-20.2%
Return on assets
15.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 9537 sector peers (2025).
NBB · sector comparisonPosition among 9537 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
48 d late
2023
61 d late
2022
82 d early
2021
26 d late
2020
27 d late
2019
46 d late
← 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 22 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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, micro schema
Turnover
€97,337▲ 4.9%
2018 · €92,834
EBIT margin
6.8%▼ 3.6pp
2018 · 10.4%
Net result
€5,904▲ 87.4%
2024 · €3,150
Working capital
-€6,664▲ 11.3%
2024 · -€7,511
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
Operating result-€3,330€6,083€879▼ 85.6%€6,299▲ 617%€9,988▲ 58.6%
Net result-€5,629€2,434-€1,543€3,150€5,904▲ 87.4%
EBIT margin
Equity-€17,451▼ 47.6%-€15,018▲ 13.9%-€16,560▼ 10.3%-€13,410▲ 19.0%-€7,506▲ 44.0%
Total assets€37,711▼ 28.0%€34,580▼ 8.3%€40,090▲ 15.9%€37,022▼ 7.7%€37,220▲ 0.5%
Debt€55,162▼ 14.1%€49,598▼ 10.1%€56,650▲ 14.2%€50,432▼ 11.0%€44,726▼ 11.3%
Working capital-€2,812-€1,132▲ 59.7%-€4,445▼ 293%-€7,511▼ 69.0%-€6,664▲ 11.3%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,220
Fixed assets
€15,327 ▼ 7.0%
Current assets
€21,893 ▲ 6.6%
Key figures and ratios
EBITDA
€11,146▲
2024 · €8,269
Cash flow
€7,062▲
2024 · €5,120
Solvency
-20.2%▲
2024 · -36.2%
Current ratio
0.77▲
2024 · 0.73
Debt to equity
-5.96▼
2024 · -3.76
ROA
15.9%▲
2024 · 8.5%
Interest coverage
5.44▲
2024 · 2.74
Debt ≤ 1 year
€28,556▲
2024 · €28,049
Debt > 1 year
€16,170▼
2024 · €22,384
Income taxes
€2,036▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,058 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 3,799 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,772 | €4,703 | €4,702 | €1,969 | €1,158 | ▼ 41.2% |
| Other operating charges640/8 | €1,300 | €1,234 | €2,784 | €1,494 | €1,752 | ▲ 17.3% |
| Gross operating margin9900 | €3,742 | €12,020 | €8,364 | €9,763 | €12,898 | ▲ 32.1% |
| Operating profit (loss)9901 | -€3,330 | €6,083 | €879 | €6,299 | €9,988 | ▲ 58.6% |
| Financial income75/76B | €20 | €1 | €0 | €6 | €0 | ▼ 99.2% |
| Recurring financial income75 | €20 | €1 | €0 | €6 | €0 | ▼ 99.2% |
| Financial charges65/66B | €2,115 | €1,530 | €2,241 | €3,016 | €2,048 | ▼ 32.1% |
| Recurring financial charges65 | €2,115 | €1,530 | €2,241 | €3,016 | €2,048 | ▼ 32.1% |
| Profit (loss) for the period before taxes9903 | -€5,425 | €4,553 | -€1,362 | €3,290 | €7,940 | ▲ 141% |
| Income taxes67/77 | €204 | €2,119 | €180 | €140 | €2,036 | ▲ 1,359% |
| Profit (loss) for the period9904 | -€5,629 | €2,434 | -€1,543 | €3,150 | €5,904 | ▲ 87.4% |
| Profit (loss) for the period to be appropriated9905 | -€5,629 | €2,434 | -€1,543 | €3,150 | €5,904 | ▲ 87.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,711 | €34,580 | €40,090 | €37,022 | €37,220 | ▲ 0.5% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €24,325 | €19,622 | €16,671 | €16,485 | €15,327 | ▼ 7.0% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €23,201 | €18,498 | €15,547 | €15,361 | €14,203 | ▼ 7.5% |
| Land and buildings22 | €20,021 | €16,123 | €12,225 | €11,250 | €11,250 | = |
| Plant, machinery and equipment23 | €260 | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | €149 | €0 | €1,342 | €759 | €176 | ▼ 76.8% |
| Other tangible fixed assets26 | €2,772 | €2,376 | €1,980 | €3,352 | €2,777 | ▼ 17.1% |
| Financial fixed assets28 | €1,124 | €1,124 | €1,124 | €1,124 | €1,124 | = |
| Current assets29/58 | €13,386 | €14,958 | €23,419 | €20,537 | €21,893 | ▲ 6.6% |
| Amounts receivable within one year40/41 | €10,876 | €9,963 | €19,197 | €17,871 | €18,874 | ▲ 5.6% |
| Trade receivables40 | €10,876 | €9,890 | €17,947 | €16,621 | €18,825 | ▲ 13.3% |
| Other amounts receivable41 | €0 | €74 | €1,250 | €1,250 | €49 | ▼ 96.1% |
| Cash at bank and in hand54/58 | €1,157 | €3,045 | €1,740 | €1,301 | €1,567 | ▲ 20.5% |
| Deferred charges and accrued income490/1 | €1,353 | €1,950 | €2,483 | €1,365 | €1,451 | ▲ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,711 | €34,580 | €40,090 | €37,022 | €37,220 | ▲ 0.5% |
| Equity10/15 | -€17,451 | -€15,018 | -€16,560 | -€13,410 | -€7,506 | ▲ 44.0% |
| Contributions10/11 | €12,403 | €12,403 | €12,403 | €12,403 | €12,403 | = |
| Reserves13 | €1,859 | €1,859 | €0 | - | - | - |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | - | - | €0 | - | - | - |
| Profit (loss) carried forward14 | -€31,713 | -€29,279 | -€28,963 | -€25,813 | -€19,909 | ▲ 22.9% |
| Amounts payable17/49 | €55,162 | €49,598 | €56,650 | €50,432 | €44,726 | ▼ 11.3% |
| Amounts payable after more than one year17 | €38,965 | €33,508 | €28,786 | €22,384 | €16,170 | ▼ 27.8% |
| Financial debts170/4 | €38,965 | €33,508 | €28,786 | €22,384 | €16,170 | ▼ 27.8% |
| Amounts payable within one year42/48 | €16,197 | €16,090 | €27,864 | €28,049 | €28,556 | ▲ 1.8% |
| Current portion of amounts payable after more than one year42 | €5,303 | €5,457 | €6,212 | €6,402 | €6,214 | ▼ 2.9% |
| Trade debts44 | €2,788 | €1,076 | €1,574 | €1,186 | €894 | ▼ 24.6% |
| Suppliers440/4 | €2,788 | €1,076 | €1,574 | €1,186 | €894 | ▼ 24.6% |
| Advances received on contracts in progress46 | €0 | €1,000 | €3,920 | €3,553 | €641 | ▼ 82.0% |
| Taxes, remuneration and social security45 | €6,107 | €6,560 | €7,781 | €5,500 | €8,295 | ▲ 50.8% |
| Taxes450/3 | €6,107 | €6,560 | €6,181 | €4,500 | €8,295 | ▲ 84.4% |
| Remuneration and social security454/9 | €0 | €0 | €1,600 | €1,000 | €0 | ▼ 100% |
| Other amounts payable47/48 | €1,999 | €1,997 | €8,377 | €11,409 | €12,512 | ▲ 9.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,629 | €2,434 | -€1,543 | €3,150 | €5,904 | ▲ 87.4% |
| + Depreciation and write-downs630 | €5,772 | €4,703 | €4,702 | €1,969 | €1,158 | ▼ 41.2% |
| Operating cash flow (approximation) | €143 | €7,137 | €3,159 | €5,120 | €7,062 | ▲ 37.9% |
| Investment in fixed assets (approximation) | - | €0 | -€1,750 | -€1,783 | €0 | ▲ 100% |
| Change in cash | - | €1,888 | -€1,305 | -€439 | €267 | ▲ 161% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €5,904 ▲87.4%
Operating result €9,988, net result €5,904, both a record.
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Back to profitnet €3,150
Net result €3,150 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €2,434
Net result €2,434 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet -€5,629
Net result drops to -€5,629, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 50 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ittre · 1 establishment unit since 1999
Ground area
276 m²
Building footprint
139 m²
Volume, LiDAR
797 m³
Parcel 25044A0483/00L000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ARPENDIS - DRONE SURVEYING
since 19992.091.970.195
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25044A0483/00L000 | Wallonia | 276 m² | 1 · 139 m² | 7.6 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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Evere
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,759 companies in sector 71122 we hold annual accounts for 771. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
71122Land surveying
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465259609
Also
9925:BE0465259609
Registered
04-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.