ARROM CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ARROM CONSTRUCT is 1.6% (moderate). The 2024 annual accounts show negative equity (€-62k) and a net result of €-69k. Equity is shrinking by ~106.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 4809 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability35▲+3
Solvency24▼-1
Growth32=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.86 against 1.24 in 2023; short-term debt: 53.7% and cash: 0% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
-0.9%
Return on assets
-1%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-62k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
on the day
2022
6 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-69k▼ 46.2%
2023 · €-47k
2022: €-7khighest in 3 years
2023: €-47k▼ -579% vs 2022
2024: €-69k▼ -46.2% vs 2023lowest in 3 years
2022 → 2024
Working capital
€3.15M▲ 656%
2023 · €417k
2022: €55klowest in 3 years
2023: €417k▲ +665% vs 2022
2024: €3.15M▲ +656% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€55k-€7k▼ 86.6%€-62k
2022: €55khighest in 3 years
2023: €7k▼ -86.6% vs 2022
2024: €-62k▼ -948% vs 2023lowest in 3 years
Operating result€-7k-€-44k▼ 539%€-47k▼ 6.8%
2022: €-7khighest in 3 years
2023: €-44k▼ -539% vs 2022
2024: €-47k▼ -6.8% vs 2023lowest in 3 years
Net result€-7k-€-47k▼ 579%€-69k▼ 46.2%
2022: €-7khighest in 3 years
2023: €-47k▼ -579% vs 2022
2024: €-69k▼ -46.2% vs 2023lowest in 3 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2024 against €44k in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
Solvency
-0.9%▼
2023 · 0.3%
Current ratio
1.86▲
2023 · 1.24
Quick ratio
0.68▲
2023 · 0.18
ROA
-1.0%▲
2023 · -2.2%
Debt
€6.87M▲
2023 · €2.18M
Debt ≤ 1 year
€3.65M▲
2023 · €1.77M
Debt > 1 year
€3.21M▲
2023 · €410k
Income taxes
€200
A ratio outside any meaningful range has been withheld (balance sheet total €6.80M, equity €-62k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.19M€6.80M▲
Current assets29/58€2.19M€6.80M▲
Stocks and contracts in progress3€1.86M€4.33M▲
Stocks30/36€1.86M€4.33M▲
Amounts receivable within one year40/41€302k€2.46M▲
Trade receivables40€150k€274k▲
Other amounts receivable41€152k€2.19M▲
Cash at bank and in hand54/58€161€613▲
Deferred charges and accrued income490/1€20k€9k▼
Equity and liabilities
Total equity and liabilities10/49€2.19M€6.80M▲
Equity10/15€7k€-62k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-54k€-123k▼
Amounts payable17/49€2.18M€6.87M▲
Amounts payable after more than one year17€410k€3.21M▲
Financial debts170/4€410k€3.21M▲
Amounts payable within one year42/48€1.77M€3.65M▲
Financial debts43-€432k
Credit institutions430/8-€432k
Trade debts44€201k€302k▲
Suppliers440/4€201k€302k▲
Advances received on contracts in progress46€327k€327k=
Taxes, remuneration and social security45-€200
Taxes450/3-€200
Other amounts payable47/48€1.24M€2.59M▲
Accrued charges and deferred income492/3-€499
Income statement
Code20232024
Other operating charges640/8€623€1k▲
Gross operating margin9900€-44k€-46k▼
Operating profit (loss)9901€-44k€-47k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€21k▲
Recurring financial charges65€3k€21k▲
Profit (loss) for the period before taxes9903€-47k€-69k▼
Income taxes67/77-€200
Profit (loss) for the period9904€-47k€-69k▼
Profit (loss) for the period to be appropriated9905€-47k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-123k▼
Profit (loss) brought forward from the previous period14P€-7k€-54k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €498 | €623 | €1k | ▲ 86.3% |
| Gross operating margin9900 | €-6k | €-44k | €-46k | ▼ 5.6% |
| Operating profit (loss)9901 | €-7k | €-44k | €-47k | ▼ 6.8% |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - |
| Financial charges65/66B | €10 | €3k | €21k | ▲ 655% |
| Recurring financial charges65 | €10 | €3k | €21k | ▲ 655% |
| Profit (loss) for the period before taxes9903 | €-7k | €-47k | €-69k | ▼ 45.8% |
| Income taxes67/77 | - | - | €200 | - |
| Profit (loss) for the period9904 | €-7k | €-47k | €-69k | ▼ 46.2% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €-47k | €-69k | ▼ 46.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.12M | €2.19M | €6.80M | ▲ 211% |
| Current assets29/58 | €1.12M | €2.19M | €6.80M | ▲ 211% |
| Stocks and contracts in progress3 | €984k | €1.86M | €4.33M | ▲ 132% |
| Stocks30/36 | €984k | €1.86M | €4.33M | ▲ 132% |
| Amounts receivable within one year40/41 | €131k | €302k | €2.46M | ▲ 716% |
| Trade receivables40 | - | €150k | €274k | ▲ 83.0% |
| Other amounts receivable41 | €131k | €152k | €2.19M | ▲ 1,338% |
| Cash at bank and in hand54/58 | €65 | €161 | €613 | ▲ 281% |
| Deferred charges and accrued income490/1 | - | €20k | €9k | ▼ 53.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.12M | €2.19M | €6.80M | ▲ 211% |
| Equity10/15 | €55k | €7k | €-62k | ▼ 948% |
| Contributions10/11 | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | = |
| Profit (loss) carried forward14 | €-7k | €-54k | €-123k | ▼ 127% |
| Amounts payable17/49 | €1.06M | €2.18M | €6.87M | ▲ 215% |
| Amounts payable after more than one year17 | - | €410k | €3.21M | ▲ 684% |
| Financial debts170/4 | - | €410k | €3.21M | ▲ 684% |
| Amounts payable within one year42/48 | €1.06M | €1.77M | €3.65M | ▲ 106% |
| Financial debts43 | - | - | €432k | - |
| Credit institutions430/8 | - | - | €432k | - |
| Trade debts44 | €8k | €201k | €302k | ▲ 50.4% |
| Suppliers440/4 | €8k | €201k | €302k | ▲ 50.4% |
| Advances received on contracts in progress46 | - | €327k | €327k | = |
| Taxes, remuneration and social security45 | - | - | €200 | - |
| Taxes450/3 | - | - | €200 | - |
| Other amounts payable47/48 | €1.05M | €1.24M | €2.59M | ▲ 109% |
| Accrued charges and deferred income492/3 | - | - | €499 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €-47k | €-69k | ▼ 46.2% |
| Operating cash flow (approximation) | €-7k | €-47k | €-69k | ▼ 46.2% |
| Change in cash | - | €96 | €452 | ▲ 372% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-69k
Net result drops to €-69k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ukkel · 1 establishment unit since 2022
Ground area
378 m²
Building footprint
83 m²
Volume, LiDAR
760 m³
Parcel 21614H0054/03A004, Brussels · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
ARROM CONSTRUCT
since 20222.329.489.246
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0054/03A004 | Brussels | 378 m² | 1 · 83 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
98450080767A85101013
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 2,686 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.