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ARRAKIS

Active
Public limited companyfounded 199036 yrs activeOpgeëistenlaan 2, 9000 Gent, BelgiumKBO/BCE: BE 0440.481.750
Summary

ARRAKIS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.0m and a net result of €1.1m. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 77% of 5653 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
ARRAKISActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Buying and selling of own real estate
NACE 68110NACE 62010Computer programming NACE 62100
#2 employer in Ghent, Real estate sector3 sites
Size
€13.4mturnover 2025
Staff
84.2 FTE
Equity
€7.0m
Profit
€1.1m
Financial health
98 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
Larian Group Holdings Limited
Accounts 11 d early1 of 8 deeds read
Why 98+ Profit of €1.1m (FY 2025)+ Founded in 1990+ Equity €7.0m (75.8% of total assets)+ Liquidity: current ratio 3.09, cash €841,635Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 86% of its sector peers (NACE 68, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+9
equity 75.8% of total assets
Liquidity 53-4
short-term debt 23.4% · cash 9.1%
Profitability 87+5
return on assets 11.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (1,716 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▼ -4.2% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%● 0.0% vs 03-2025lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%▲ +4.3% vs 05-2025 07-2025: < 0.1%▲ +8.3% vs 06-2025 08-2025: < 0.1%▲ +30.8% vs 07-2025 09-2025: < 0.1%▲ +2.9% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%▼ -2.9% vs 03-2026 05-2026: < 0.1%▲ +2.9% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%▲ +17.1% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value
  • Profit of €1.1m (FY 2025) lowers the probability
  • Founded in 1990 lowers the probability for this profile
  • Equity €7.0m (75.8% of total assets) lowers the probability
  • Liquidity: current ratio 3.09, cash €841,635 lowers the probability
Credit up to €650,000 at 30 days acceptable
Liquidity ample (current ratio 3.09 against 2.06 in 2024; short-term debt: 23.4% and cash: 9.1% of total assets), and 24.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, medium-sized). Better than this share of them on solvency 92%, liquidity 77%, profitability 97%, growth against the median 79%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Profit of €1.1m (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1990
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €7.0m (75.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.09, cash €841,635
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
1 d early
2023
9 d early
2022
11 d early
2021
18 d late
2020
10 d late
2019
8 d early
← 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 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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. Usually files around 23 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Reappointment: Swen Vincke (managing director)Appointment: Valérie Coessens (managing director)
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Employer in Ghent, Real estate sectorin the Checked rankings #2 View
  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • Controlled by Larian Group Holdings Limited parent View
  • New directorlatest change 17-02-2026 · 0 in office 1 joined View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Turnover
€13.4m
Profit
€1.1m
Solvency
75.8%
Turnover▲ 11.4%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 20-07-2026Annual accounts filed
  2. 17-02-2026Reappointment: Swen Vincke (managing director)
  3. 30-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
26-03-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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