ARR
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00489966.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 20 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 40% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | - | - |
| part-time | - | - | 1 | 1 |
| in full-time equivalents | 1 | 1 | 0.4 | 0.4 |
| Average over the year, in full-time equivalents | 0.1 | 1 | 0.9 | 0.4 |
| On a permanent contract | 1 | 1 | 1 | 1 |
| Joined | 1 | - | 1 | - |
| Left | 0 | - | 1 | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €197,106 | €187,363 | €246,208 | - | - |
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | - | - |
| Carrying value of the mortgaged assets | €153,103 | €145,484 | €138,071 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,540 | €1,414 | €120,803 | €157,877 | €112,091 |
| Depreciation and write-downs of the year | €23,717 | €10,756 | €10,385 | €11,855 | €15,520 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · €380 awarded · €380 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €49 | €49 |
| 2023 | 1 | €284 | €284 |
| 2022 | 1 | €47 | €47 |
Comparable companies
These companies have the same main activity as ARR: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €580,000 and €729,000, founded between 2003 and 2009.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| ARR Genk | 2006 | €644,155 | €161,227 | €57,241 | €5,089 | - | 2025 |
| ADVOCATENKANTOOR JOS JANSSEN Lommel | 2009 | €603,197 | €495,957 | €59,323 | €54,572 | - | 2025 |
| ADVOCATENKANTOOR LIEVESOENS Beringen | 2004 | €729,348 | €423,751 | €62,004 | €13,631 | - | 2025 |
| D'Hoine & MACKAY Antwerpen | 2004 | €657,872 | €233,408 | €59,284 | €8,679 | 0.5 | 2025 |
| ADVOCAAT MARLEEN DENEF Leuven | 2005 | €579,556 | €568,895 | €57,788 | €39,151 | - | 2025 |
| ADVOCATENKANTOOR VAN NESTE Zwevegem | 2008 | €625,475 | €610,409 | €63,353 | €61,807 | - | 2025 |
| ANIMAR Wemmel | 2003 | €585,289 | €582,138 | €60,267 | €23,028 | - | 2025 |
They were chosen from the 9,371 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 3,984 companies had the same profile as ARR has now. Two years later, 1.1% had gone bankrupt and 96.5% were still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARR itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 3,984 companies, not a prediction for ARR. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,448 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €2,286 | €28,494 | €30,693 | €12,107 | ▼ 60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,316 | €28,818 | €30,508 | €23,717 | €10,756 | €10,385 | €11,855 | €15,520 | ▲ 30.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €111 | -€188 | - | €9,513 | €2,554 | ▼ 73.2% |
| Other operating charges640/8 | - | - | - | €291 | €637 | - | €1,160 | €887 | ▼ 23.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €983 | - |
| Gross operating margin9900 | €104,591 | €63,007 | €70,533 | €45,342 | €25,581 | €54,585 | €95,183 | €57,241 | ▼ 39.9% |
| Operating profit (loss)9901 | €66,289 | €10,836 | €12,255 | €21,223 | €12,090 | €15,706 | €41,963 | €25,191 | ▼ 40.0% |
| Financial income75/76B | - | - | - | €702 | €2,110 | €1,008 | €442 | €140 | ▼ 68.3% |
| Recurring financial income75 | €1,600 | €2,130 | €1,701 | €702 | €2,110 | €1,008 | €442 | €140 | ▼ 68.3% |
| Financial charges65/66B | - | - | - | €8,117 | €4,732 | €7,304 | €11,819 | €17,263 | ▲ 46.1% |
| Recurring financial charges65 | €2,292 | €4,692 | €6,908 | €8,117 | €4,732 | €7,304 | €11,819 | €17,263 | ▲ 46.1% |
| Profit (loss) for the period before taxes9903 | €65,597 | €8,274 | €7,048 | €13,808 | €9,468 | €9,410 | €30,586 | €8,067 | ▼ 73.6% |
| Income taxes67/77 | €15,018 | €2,947 | €1,093 | €3,259 | €2,929 | €3,055 | €10,096 | €2,979 | ▼ 70.5% |
| Profit (loss) for the period9904 | €50,579 | €5,327 | €5,954 | €10,549 | €6,538 | €6,355 | €20,491 | €5,089 | ▼ 75.2% |
| Profit (loss) for the period to be appropriated9905 | €50,579 | €5,327 | €5,954 | €10,549 | €6,538 | €6,355 | €20,491 | €5,089 | ▼ 75.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €184,528 | €541,858 | €564,243 | €398,124 | €355,114 | €454,580 | €573,767 | €644,155 | ▲ 12.3% |
| Fixed assets21/28 | €15,765 | €348,876 | €324,482 | €161,003 | €151,660 | €262,079 | €408,100 | €503,688 | ▲ 23.4% |
| Intangible fixed assets21 | €1,000 | €500 | €3,278 | €2,588 | €1,898 | €1,208 | €518 | - | - |
| Tangible fixed assets22/27 | €14,765 | €348,376 | €321,204 | €158,415 | €149,763 | €260,871 | €407,583 | €503,688 | ▲ 23.6% |
| Land and buildings22 | - | - | - | €153,103 | €145,484 | €138,071 | €130,693 | €497,927 | ▲ 281% |
| Plant, machinery and equipment23 | - | - | - | €1,270 | €1,371 | €823 | €2,046 | €850 | ▼ 58.5% |
| Furniture and vehicles24 | - | - | - | €4,042 | €2,907 | €1,835 | €8,435 | €4,911 | ▼ 41.8% |
| Assets under construction and advance payments27 | - | - | - | - | - | €120,143 | €266,409 | - | - |
| Current assets29/58 | €168,763 | €192,982 | €239,762 | €237,121 | €203,454 | €192,502 | €165,667 | €140,467 | ▼ 15.2% |
| Amounts receivable within one year40/41 | €167,732 | €188,639 | €224,595 | €221,437 | €188,466 | €179,964 | €162,283 | €135,537 | ▼ 16.5% |
| Trade receivables40 | - | - | - | €218,142 | €185,278 | €177,019 | €142,639 | €131,233 | ▼ 8.0% |
| Other amounts receivable41 | - | - | - | €3,296 | €3,188 | €2,945 | €19,644 | €4,304 | ▼ 78.1% |
| Cash at bank and in hand54/58 | - | €3,279 | €2,307 | €2,906 | €6,105 | €6,360 | €765 | €3,432 | ▲ 349% |
| Deferred charges and accrued income490/1 | - | - | - | €12,778 | €8,883 | €6,178 | €2,619 | €1,498 | ▼ 42.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €184,528 | €541,858 | €564,243 | €398,124 | €355,114 | €454,580 | €573,767 | €644,155 | ▲ 12.3% |
| Equity10/15 | €103,324 | €107,851 | €113,805 | €124,354 | €130,092 | €135,647 | €156,138 | €161,227 | ▲ 3.3% |
| Contributions10/11 | €12,600 | €12,600 | - | €12,600 | €12,600 | €12,600 | €12,600 | €12,600 | = |
| Contributions outside capital11 | - | - | - | €12,600 | €12,600 | €12,600 | - | - | - |
| Other1109/19 | - | - | - | €12,600 | €12,600 | €12,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €8,398 | €14,753 | €143,538 | €148,627 | ▲ 3.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €6,538 | €14,753 | €143,538 | €148,627 | ▲ 3.5% |
| Profit (loss) carried forward14 | €88,864 | €93,391 | €99,345 | €109,894 | €109,094 | €108,294 | - | - | - |
| Amounts payable17/49 | €81,204 | €434,007 | €450,438 | €273,770 | €225,022 | €318,933 | €417,629 | €482,928 | ▲ 15.6% |
| Amounts payable after more than one year17 | €4,478 | €336,690 | €327,106 | €187,363 | €177,458 | €222,875 | €334,884 | €408,585 | ▲ 22.0% |
| Financial debts170/4 | - | - | - | €187,363 | €177,458 | €222,875 | €334,884 | €408,585 | ▲ 22.0% |
| Amounts payable within one year42/48 | €76,026 | €96,442 | €121,756 | €85,892 | €46,939 | €95,533 | €82,570 | €74,231 | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,743 | €9,905 | €23,333 | €22,804 | €23,628 | ▲ 3.6% |
| Financial debts43 | - | - | - | €14,780 | €9,143 | €14,203 | €15,505 | €14,205 | ▼ 8.4% |
| Credit institutions430/8 | - | - | - | €14,780 | €9,143 | €14,203 | €15,505 | €14,205 | ▼ 8.4% |
| Trade debts44 | €23,935 | €33,000 | €31,571 | €35,033 | €12,600 | €15,533 | €26,384 | €15,289 | ▼ 42.1% |
| Suppliers440/4 | - | - | - | €35,033 | €12,600 | €15,533 | €26,384 | €15,289 | ▼ 42.1% |
| Taxes, remuneration and social security45 | - | - | - | €6,735 | €11,880 | €26,659 | €17,877 | €19,420 | ▲ 8.6% |
| Taxes450/3 | - | - | - | €4,085 | €6,992 | €12,179 | €8,817 | €10,622 | ▲ 20.5% |
| Remuneration and social security454/9 | - | - | - | €2,650 | €4,888 | €14,480 | €9,060 | €8,798 | ▼ 2.9% |
| Other amounts payable47/48 | - | - | - | €19,601 | €3,410 | €15,805 | - | €1,689 | - |
| Accrued charges and deferred income492/3 | - | - | - | €515 | €625 | €525 | €175 | €112 | ▼ 36.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,579 | €5,327 | €5,954 | €10,549 | €6,538 | €6,355 | €20,491 | €5,089 | ▼ 75.2% |
| + Depreciation and write-downs630 | €9,316 | €28,818 | €30,508 | €23,717 | €10,756 | €10,385 | €11,855 | €15,520 | ▲ 30.9% |
| Operating cash flow (approximation) | €59,895 | €34,145 | €36,463 | €34,265 | €17,295 | €16,739 | €32,345 | €20,609 | ▼ 36.3% |
| Investment in fixed assets (approximation) | - | -€361,929 | -€6,114 | €139,762 | -€1,414 | -€120,803 | -€157,877 | -€111,108 | ▲ 29.6% |
| Change in cash | - | - | -€971 | €598 | €3,200 | €255 | -€5,595 | €2,667 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00489966 | NBB |
| 31-12-2024 | abbreviated format | 26-08-2025 | 2025-00408744 | |
| 31-12-2023 | abbreviated format | 31-08-2024 | 2024-00455558 | |
| 31-12-2022 | abbreviated format | 24-08-2023 | 2023-00430448 | |
| 31-12-2021 | abbreviated format | 21-08-2022 | 2022-20303859 | |
| 31-12-2020 | abbreviated format | 22-09-2021 | 2021-68000542 | |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-50300516 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-57000419 | |
| 31-12-2017 | abbreviated format | 07-08-2018 | 2018-44300261 | |
| 31-12-2016 | abbreviated format | 23-08-2017 | 2017-46800253 |