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ARPON ENGINEERING

Active Private limited companyfounded 2019active for 7 yearsMarcel Broodthaersplein 8, 1060 Sint-Gillis (bij-Brussel)KBO/BCE: BE 0734.933.366 subsidiary of ARPON TECHNOLOLOGIES SRL

Lifetime

5 annual accounts with figures on one time axis
peak €293,759 (2021)
€69,817▼ 52.9%
peak €133,561 (2020)
€21,294▲ 22×
peak €138,561 (2020)
€115,910▲ 22.5%
€48,348▼ 72.0%
peak 3.8 FTE (2021)
-not published
Board1 name since 2019
1 directorARPON TECHNOLOGIES
Owners
Documentsfilings and deeds
18-04-2025104 days before the deadline
2024financial year
Gross margin from €148,184 to €69,817Result from €955 to €21,294Equity from €94,616 to €115,910Debts from €172,373 to €48,348Cash from €57,386 to €25,649

Key points

from the 2024 annual accounts

Equity

€115,910 ▲ 22.5%

ARPON ENGINEERING has made a profit in every financial year since 2020.

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Liquidity

3.33 was 1.51 in 2023

Short-term debts fell from €172,373 to €48,348.

Filings

5 annual accounts 103 days past the deadline
AprilJune31 JulyOctober202020222024

2025 accounts not filed: deadline was 31-07-2026.

Checked score

56
Fair
Financially stronger than 60% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 0.6%● unchanged vs 10-2026highest value

Financial strength
Strong

96+36equity 70.6% of total assets
57+14short-term debt 29.4% · cash 15.6%
85+40return on assets 13.0%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 23-04-2025)
1 financial year not filed after the legal deadline; 1 of the last 3 accounts late
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 3.33, cash €25,649, halved
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 70% of them on solvency, 43% on liquidity, 56% on profitability and 69% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as ARPON ENGINEERING has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ARPON ENGINEERING itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for ARPON ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 3.33 (1.51 in 2023), above the usual 1.5. Short-term debt is 29.4% and cash 15.6% of total assets. 29.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 23-04-2025)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 3.33, cash €25,649, halved
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 accounts late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year €115,910
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-04-2025, 104 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
104 days early
2023
117 days early
2022
43 days late
2021
35 days early
2020
81 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 26 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AT
ARPON TECHNOLOGIES
Director, JOUBERT Nicolas, since 10-09-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0734933366
Registered office moved within Saint-Gilles New registered office: Bureau 503, Etage 5, Place Marcel Broodthaers 8, 1060 Saint-Gilles · Previous registered office: Avenue Fonsny 46, bte 59, 1060 Saint-Gilles · Permanent representative: Joubert Nicolas · General meeting of 29-05-2020 · Gazette deed
Incorporation Founding capital of €5,000, 1,000 shares · Founder: ARPON TECHNOLOGIES · Appointment: ARPON TECHNOLOGIES (director) · published on 30-09-2019 · Gazette deed
First establishment Marcel Broodthaersplein 8, Sint-Gillis (bij-Brussel)
All 11 events

Comparable companies

same main activity, similar in size and age
Company
ARPON ENGINEERING Sint-Gillis (bij-Brussel) €164,258 €69,817 70.6% -
IGIS-TECH Berchem-Sainte-Agathe €177,414 €62,796 59.6% -
VABENE WERFLEIDING Malle €160,166 €67,465 85.3% -
BRIMEZ Halle €161,397 €66,445 40.3% -
ADMZ Hoogstraten €152,268 €71,955 75.2% -
GEERTS TECHNICS Arendonk €145,374 €78,379 0.7% -
TAKING WAVES Leuven €139,417 €74,165 59.5% -

These companies have the same main activity as ARPON ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €139,000 and €177,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 26-09-2019Normal situation
Registered office
108 active companies are registered at this address11 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.294.455.2221060 Sint-Gillis (bij-Brussel), since 26-09-2019
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2024

€164,258▼ 38.5%
Filing
Filed on 18-04-2025
Financials

Insights on ARPON ENGINEERING

ARPON ENGINEERING has existed since 2019. The gross margin fell from €243,663 in 2020 to €69,817 in 2024.

The gross margin has fallen every year since 2021. Solvency rose in 2024 from 35.4% to 70.6% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ARPON ENGINEERING

What is the company number of ARPON ENGINEERING?
The company number of ARPON ENGINEERING is 0734.933.366. The VAT number is the same number with BE in front: BE 0734.933.366.
Where is ARPON ENGINEERING based?
The registered office is at Marcel Broodthaersplein 8, 1060 Sint-Gillis (bij-Brussel).Company details
What does ARPON ENGINEERING do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of ARPON ENGINEERING?
ARPON ENGINEERING is a private limited company (BV).
When was ARPON ENGINEERING founded?
ARPON ENGINEERING was founded on 26-09-2019.
Is ARPON ENGINEERING still active?
Yes, ARPON ENGINEERING is an active enterprise in the KBO register.
How many employees does ARPON ENGINEERING have?
ARPON ENGINEERING had an average of 0.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does ARPON ENGINEERING fall under?
In its 2024 annual accounts, ARPON ENGINEERING states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of ARPON ENGINEERING?
The turnover in financial year 2024 is ≈ €150,000. This figure is estimated from the gross margin of €69,817 and 62 comparable companies (NACE 711). It probably lies between €120,000 and €230,000.
Is ARPON ENGINEERING profitable?
In financial year 2024, ARPON ENGINEERING made a profit of €21,294.
Where can I find the annual accounts of ARPON ENGINEERING?
ARPON ENGINEERING filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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