ARQUS
ActiveSummary
ARQUS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€35,300) and a net result of €9,276. Its solvency ranks better than 9% of 1938 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+40
Solvency22▲+1
Growth78
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.07 against 1.02 in 2023; short-term debt: 29% and cash: 4.7% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
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 →
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 2024Solvency, return and age of the figures
Solvency
-3%
Return on assets
0.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1938 sector peers (2024).
NBB · sector comparisonPosition among 1938 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
21 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 16 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 (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
-€35,300▲ 20.8%
2023 · -€44,576
Total assets
€1.2m▼ 8.2%
2023 · €1.3m
Net result
€9,276
2023 · -€64,576
Working capital
€22,093▲ 210%
2023 · €7,137
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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-€34,551-€4,200
Net result-€64,576below the sector's middle half-€9,276within the sector's middle half
Equity-€44,576below the sector's middle half--€35,300below the sector's middle half▲ 20.8%
Total assets€1.3mwithin the sector's middle half-€1.2mwithin the sector's middle half▼ 8.2%
Debt€1.3m-€1.2m▼ 8.7%
Working capital€7,137-€22,093▲ 210%
Solvency-3.5%below the sector's middle half--3.0%below the sector's middle half▲ 0.5pp
Staff (FTE)5.7within the sector's middle half-6.2within the sector's middle half▲ 8.8%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4,200 after a loss of €34,551 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€802,545 ▼ 11.3%
Current assets
€359,246 ▼ 0.4%
Key figures and ratios
EBITDA
€110,754▲
2023 · €61,725
Cash flow
€115,829▲
2023 · €31,701
Current ratio
1.07▲
2023 · 1.02
Quick ratio
0.88▼
2023 · 1.02
Debt to equity
-33.91▼
2023 · -29.40
ROA
0.8%▲
2023 · -5.1%
Interest coverage
8.04▲
2023 · 2.07
Debt ≤ 1 year
€337,154▼
2023 · €353,633
Debt > 1 year
€858,957▼
2023 · €937,699
Income taxes
€297▲
2023 · €188
Staff costs
€355,290▲
2023 · €314,109
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 516 companies that looked in July 2024 the way this one looks now, 3.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit under 5% of the balance sheet
3.7%
went bankrupt
2.3%
stopped otherwise
92%
still going
A further 2.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,058 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 516 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 | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €314,109 | €355,290 | ▲ 13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €96,277 | €106,553 | ▲ 10.7% |
| Other operating charges640/8 | €1,417 | €883 | ▼ 37.7% |
| Gross operating margin9900 | €377,251 | €466,926 | ▲ 23.8% |
| Operating profit (loss)9901 | -€34,551 | €4,200 | ▲ 112% |
| Financial income75/76B | €0 | €19,155 | ▲ 23,943,225% |
| Recurring financial income75 | €0 | €19,155 | ▲ 23,943,225% |
| Financial charges65/66B | €29,837 | €13,782 | ▼ 53.8% |
| Recurring financial charges65 | €29,837 | €13,782 | ▼ 53.8% |
| Profit (loss) for the period before taxes9903 | -€64,388 | €9,573 | ▲ 115% |
| Income taxes67/77 | €188 | €297 | ▲ 58.3% |
| Profit (loss) for the period9904 | -€64,576 | €9,276 | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | -€64,576 | €9,276 | ▲ 114% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.3m | €1.2m | ▼ 8.2% |
| Fixed assets21/28 | €905,149 | €802,545 | ▼ 11.3% |
| Intangible fixed assets21 | €832,500 | €740,000 | ▼ 11.1% |
| Tangible fixed assets22/27 | €65,649 | €55,545 | ▼ 15.4% |
| Plant, machinery and equipment23 | €35,518 | €28,057 | ▼ 21.0% |
| Furniture and vehicles24 | €30,130 | €27,488 | ▼ 8.8% |
| Financial fixed assets28 | €7,000 | €7,000 | = |
| Current assets29/58 | €360,770 | €359,246 | ▼ 0.4% |
| Stocks and contracts in progress3 | - | €63,446 | - |
| Contracts in progress37 | - | €63,446 | - |
| Amounts receivable within one year40/41 | €283,842 | €226,750 | ▼ 20.1% |
| Trade receivables40 | €283,842 | €226,750 | ▼ 20.1% |
| Cash at bank and in hand54/58 | €57,124 | €54,082 | ▼ 5.3% |
| Deferred charges and accrued income490/1 | €19,804 | €14,969 | ▼ 24.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.3m | €1.2m | ▼ 8.2% |
| Equity10/15 | -€44,576 | -€35,300 | ▲ 20.8% |
| Contributions10/11 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€64,576 | -€55,300 | ▲ 14.4% |
| Amounts payable17/49 | €1.3m | €1.2m | ▼ 8.7% |
| Amounts payable after more than one year17 | €937,699 | €858,957 | ▼ 8.4% |
| Financial debts170/4 | €937,699 | €858,957 | ▼ 8.4% |
| Amounts payable within one year42/48 | €353,633 | €337,154 | ▼ 4.7% |
| Current portion of amounts payable after more than one year42 | €75,579 | €78,742 | ▲ 4.2% |
| Trade debts44 | €224,681 | €213,282 | ▼ 5.1% |
| Suppliers440/4 | €224,681 | €213,282 | ▼ 5.1% |
| Taxes, remuneration and social security45 | €53,373 | €45,129 | ▼ 15.4% |
| Taxes450/3 | €27,947 | €39,016 | ▲ 39.6% |
| Remuneration and social security454/9 | €25,426 | €6,113 | ▼ 76.0% |
| Accrued charges and deferred income492/3 | €19,162 | €981 | ▼ 94.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€64,576 | €9,276 | ▲ 114% |
| + Depreciation and write-downs630 | €96,277 | €106,553 | ▲ 10.7% |
| Operating cash flow (approximation) | €31,701 | €115,829 | ▲ 265% |
| Investment in fixed assets (approximation) | - | -€3,950 | - |
| Change in cash | - | -€3,043 | - |
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
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Back to profitnet €9,276
Net result €9,276 after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Deinze · 1 establishment unit since 2022
Ground area
1,742 m²
Building footprint
641 m²
Parcel 44004C0425/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
ARQUS
since 20222.339.245.565
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44004C0425/00A000indicative | Flanders | 1,742 m² | 1 · 641 m² | - |
Linked by address, not proof of ownership
Good to know
0 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
2023 to 2025 · 3 entries · 1,027 EUR awarded · 1,027 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 64 EUR | 64 EUR |
| 2024 | 1 | 903 EUR | 903 EUR |
| 2023 | 1 | 60 EUR | 60 EUR |
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 1,243 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
71122Land surveying
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0795140969
Also
9925:BE0795140969
Registered
12-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.