ARR GROUP

Active

Private limited companyfounded 20214 yrs activePaasbloemstraat 16, 2170 Antwerpen, BelgiumKBO/BCE: BE 0776.441.547

The computed 12-month bankruptcy probability of ARR GROUP is 2.6% (moderate). The 2024 annual accounts show equity of €7k and a net result of €4k. Equity is growing by ~86% per year across the filed fiscal years. Its solvency ranks better than 16% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

42 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability64▲+34

Solvency32▲+4

Growth54▲+32

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.14 against 1.03 in 2023; short-term debt: 86% and cash: 8.9% of total assets), and 92.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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

7.3%

Return on assets

4.8%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9982 sector peers (2024).

NBB · sector comparison

Position among 9982 sector peers

Solvency

better than 16%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-10-2025, 80 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

80 d late

2023

49 d late

2022

70 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€110k▲ 345%

2023 · €25k

2022: €130k 2023: €25k

2022 → 2024

EBIT margin

5.3%▲ 6.3pp

2023 · -1.0%

2022: 0.4% 2023: -1.0%

2022 → 2024

Net result

€4k

2023 · €-166

2022: €395 2023: €-166

2022 → 2024

Working capital

€11k▲ 488%

2023 · €2k

2022: €2k 2023: €2k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Turnover€130k-€25k▼ 81.0%€110k▲ 345%

Equity€2k-€2k▼ 6.9%€7k▲ 192%

Operating result€543-€-258€6k

Net result€395-€-166€4k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €6k after a loss of €258 in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €89k

98.3%

Fixed assets €2k▲ 321%

Current assets €88k▲ 23.7%

Equity and liabilities €89k

92.7%

Equity €7k▲ 192%

Debt €83k▲ 19.9%

The debt ratio falls from 96.9% to 92.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€7k▲

2023 · €100

Cash flow

€5k▲

2023 · €192

Solvency

7.3%▲

2023 · 3.1%

Current ratio

1.14▲

2023 · 1.03

Quick ratio

0.82▲

2023 · 0.67

Debt / equity

12.73▼

2023 · 31.02

ROE

65.8%▲

2023 · -7.4%

ROA

4.8%▲

2023 · -0.2%

Interest coverage

121.51▲

2023 · 1.93

Debt

€83k▲

2023 · €69k

Debt ≤ 1 year

€77k▲

2023 · €69k

Income taxes

€1k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€71k€89k▲

Fixed assets21/28€359€2k▲

Tangible fixed assets22/27€359€2k▲

Plant, machinery and equipment23€359€2k▲

Current assets29/58€71k€88k▲

Stocks and contracts in progress3€25k€25k=

Contracts in progress37€25k€25k=

Amounts receivable within one year40/41€45k€55k▲

Trade receivables40€45k€55k▲

Other amounts receivable41€5-

Cash at bank and in hand54/58€800€8k▲

Equity and liabilities

Total equity and liabilities10/49€71k€89k▲

Equity10/15€2k€7k▲

Contributions10/11€2k€2k=

Outside capital11€2k-

Share premium1100/10€2k-

Profit (loss) carried forward14€229€5k▲

Amounts payable17/49€69k€83k▲

Amounts payable within one year42/48€69k€77k▲

Trade debts44€22k€30k▲

Suppliers440/4€22k€30k▲

Taxes, remuneration and social security45€590€6k▲

Taxes450/3€590€3k▲

Remuneration and social security454/9-€3k

Other amounts payable47/48€47k€41k▼

Accrued charges and deferred income492/3-€6k

Income statement Code20232024

Turnover70€25k€110k▲

Goods, raw materials, services and sundry goods60/61€24k€104k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€357€725▲

Other operating charges640/8€357€118▼

Gross operating margin9900€456€7k▲

Operating profit (loss)9901€-258€6k▲

Financial income75/76B€144€0▼

Recurring financial income75€144€0▼

Financial charges65/66B€52€54▲

Recurring financial charges65€52€54▲

Profit (loss) for the period before taxes9903€-166€6k▲

Income taxes67/77-€1k

Profit (loss) for the period9904€-166€4k▲

Profit (loss) for the period to be appropriated9905€-166€4k▲

Appropriation of the result

Profit (loss) to be appropriated9906€229€5k▲

Profit (loss) brought forward from the previous period14P€395€229▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

19-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 80 days late

2024

31-12

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

18-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 49 days late

2023

31-12

Financial Weakest financial yearnet €-166 ▼142%

Net result drops to €-166, the lowest in the series; recovery starts the following year.

09-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 70 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Antwerpen · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Paasbloemstraat 162170 Antwerpen

Ground area

144 m²

Building footprint

81 m²

Volume, LiDAR

423 m³

Parcel 11422C0084/00F004, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ARR GROUP

Paasbloemstraat 16, 2170 AntwerpenRepair, maintenance and installation of machinery and equipment

since 20212.324.458.807

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11422C0084/00F004	Flanders	143 m²	1 · 81 m²	7.6 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

YSG VLOEREN

BE 0776.807.078

Leopoldsburg · Eq €7k

Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 7,540 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-10-2021

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

49410Freight transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:arr-group@outlook.com

Enterprise