ARROW INVEST

Active

Public limited companyfounded 2011active for 15 yearsLouizalaan 207, 1050 Elsene, Belgium111 active companies are registered at this addressKBO/BCE: BE 0840.436.308

Summary

The computed 12-month bankruptcy probability of ARROW INVEST is 5.0% (elevated). The 2024 annual accounts show negative equity (-€4.3m) and a net result of €474,311, of which €560,000 non-recurring income. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 5% of 34 sector peers (NACE 39, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ARROW INVESTActiveChecked score 37/100

Risk analysis Report Compare

Activity

Remediation activities and other waste management service activities

NACE 39000

1 site

Size

€499,279total assets 2024

Equity: -€4.3m
Profit: €474,311

Turnover not published (abbreviated format)

Financial health

37 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 5.0%

Structure

Parent: LIVING BRAINS · 100%

HAJDINAJ ArbenDirector

2025 accounts not filed, 86 days past the deadline3 of 12 deeds summarised

Why 37raises riskFigures for financial year 2024 (filed 08-07-2025)1 change of registered office in 24 monthsLiquidity: current ratio 0.00, cash €1,163, halvedlowers riskSize: total assets €499,279Show the evidence

Checked score

Score 2024

37 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 37% of its sector peers (NACE 39, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 0=

equity -858.1% of total assets

Liquidity 0-50

short-term debt 958.1% · cash 0.2%

Profitability 100+100

return on assets 95.0%

Bankruptcy probability, 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (92 companies, NACE 39, micro)

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 0.9%▼ -0.6 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.9%▲ +2.0 percentage points vs 07-2026 09-2026: 3.5%▲ +0.6 percentage points vs 08-2026 10-2026: 5.0%▲ +1.5 percentage points vs 09-2026highest value

No credit on open account

Liquidity insufficient (current ratio 0.0, compared with 0.0 in 2023, below 1; short-term debt: 958.1% and cash: 0.2% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 39, micro): better than 6% on solvency, 2% on liquidity, 94% on profitability and 45% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 08-07-2025)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Size: total assets €499,279

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 0.00, cash €1,163, halved

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 34 sector peers (2024).

NBB · sector comparison

Position among 34 sector peers

Solvency

better than 5%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-07-2025, 25 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

25 days early

2023

5 days early

2022

25 days late

2021

16 days early

2020

40 days late

2019

87 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 18 days after the deadline; the sector median (NACE 39) for financial year 2024 is 9 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-07-2026 Resignation: HAJDINAJ Arben (director)Reappointment: HAJDINAJ Arben (sole director)…
02-04-2026 Resignation: NV LIVING BRAINS (director)Permanent representative: Kurt JACOBS ·…
06-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€4.3m View
Caution: Among the weakest 5% on solvencysector median 26.7% · 34 companies -858.1% View
Positive: Back in profit in 2024after -€50,571 in 2023 €474,311 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
Caution: Board changedlatest change 02-04-2026 · 1 in office 1 joined · 1 left View
Controlled by LIVING BRAINS 100% View

By topic

Financials

Financial year: 2024
Total assets: €499,279
Profit: €474,311
Solvency: -858.1%

Total assets▲ 95×

Net result

20182024

Go to Financials

Board & ownership

Board: 1 member
Parent: LIVING BRAINS · 100%

HAJDINAJ ArbenDirector

Go to Board & ownership

Timeline

Events: 17
Since: 2013

09-01-2025Reappointments: CMG INVEST BV (director) and JEROMA…
31-12-2024Back to profit
26-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Remediation activities and other waste management service activitiesNACE 39000
Founded: 13-10-2011
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 11

Who signs: The sole director
Annual meeting: First Friday of June at 20:00
Purpose: “Het aanvaarden,verwerken en reinigen van afvalresidu’s afkomstig van afvalverwerkers door…” (deed in Dutch)

Go to Articles of association

Key facts about ARROW INVEST

What is the company number of ARROW INVEST?: 0840.436.308. In Belgium the VAT number is the company number with BE in front: BE 0840.436.308.
Where is ARROW INVEST based?: The registered office is at Louizalaan 207, 1050 Elsene.Company details
What does ARROW INVEST do?: According to the KBO register, the main activity is remediation activities and other waste management service activities (NACE 39000).
What is the legal form of ARROW INVEST?: Public limited company (NV).
When was ARROW INVEST founded?: On 13-10-2011.
Is ARROW INVEST still active?: Yes, ARROW INVEST is an active enterprise in the KBO register.
How many employees does ARROW INVEST have?: On average 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of ARROW INVEST?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ARROW INVEST profitable?: In financial year 2024, ARROW INVEST made a profit of €474,311.
Where can I find the annual accounts of ARROW INVEST?: ARROW INVEST filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.