Equity
€37,357 ▲ 34.0%
Arrow Racing Events has made a profit in every financial year since 2022.
Arrow Racing Events
Lifetime
4 annual accounts with figures on one time axispeak €45,760 (2025)
€45,760▲ 85.2%
peak €14,122 (2023)
€9,470▲ 100%
peak €37,357 (2025)
€37,357▲ 34.0%
€57,504▼ 41.8%
Board2 names since 2022
2 directorsArthur Zeelmaekers and 1 other
Documentsfilings and deeds
26-10-202687 days late
2025micro format
Gross margin from €24,714 to €45,760Result from €4,724 to €9,470Equity from €27,887 to €37,357Debts from €98,825 to €57,504Cash from €4,000 to €9,174
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 47% of micro companies in office administrative support (NACE 82)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,668 companies (NACE 82, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.6%highest value
01-2025: 1.5%▼ -3.1 percentage points vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.5%● unchanged vs 06-2025
08-2025: 2.0%▲ +0.5 percentage points vs 07-2025
09-2025: 2.3%▲ +0.3 percentage points vs 08-2025
10-2025: 3.2%▲ +0.9 percentage points vs 09-2025
11-2025: 3.0%▼ -0.2 percentage points vs 10-2025
12-2025: 3.2%▲ +0.2 percentage points vs 11-2025
01-2026: 1.8%▼ -1.4 percentage points vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.7%▼ -0.1 percentage points vs 02-2026
04-2026: 1.8%▲ +0.1 percentage points vs 03-2026
05-2026: 1.7%▼ -0.1 percentage points vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.3%▲ +0.6 percentage points vs 07-2026
09-2026: 2.8%▲ +0.5 percentage points vs 08-2026
10-2026: 0.9%▼ -1.9 percentage points vs 09-2026lowest value
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 87 days late; 3 of the last 3 accounts late
Size: total assets €94,861
Founded in 2022
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation
The band follows from the bankruptcy probability. 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 82, micro). It does better than 43% of them on solvency, 17% on liquidity, 54% on profitability and 74% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Arrow Racing Events has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
That fits the bankruptcy probability of Arrow Racing Events itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for Arrow Racing Events. 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.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.16 (0.12 in 2024), below 1. Short-term debt is 60.6% and cash 9.7% of total assets. 60.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 87 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-10-2026, 87 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
87 days late
2024
145 days late
2023
152 days late
2022
150 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 134 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 December (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Arthur Zeelmaekers 15 sharesdeed of 17-03-2022
- Rob Reynders 15 sharesdeed of 17-03-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783450192
First establishment
Ganzenhoek 32A, Herk-de-Stad
Incorporation
Founding capital of €3,000, 30 shares · Founders: Arthur Zeelmaekers and Rob Reynders · Appointments: Arthur Zeelmaekers (director) and Rob Reynders (director) · published on 17-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Arrow Racing Events Herk-de-Stad | €94,861 | €45,760 | 39.4% | - |
| ANDECCO Sint-Truiden | €86,585 | €44,718 | 55.6% | - |
| WILDEBRAS FOOD Heusden-Zolder | €92,837 | €42,938 | 91.3% | - |
| PleJo Oudsbergen | €84,362 | €43,803 | 68.7% | - |
| Iluminado Beringen | €121,237 | €46,871 | 65.7% | - |
| MAVASA Sint-Truiden | €73,959 | €43,409 | 79.1% | - |
| JB T-CONSULT Dilsen-Stokkem | €121,301 | €49,155 | 73.7% | - |
These companies have the same main activity as Arrow Racing Events: other business support services (NACE 82990). They are comparable in size and age: total assets between €74,000 and €121,000, founded in 2022.
Official details
Source: KBO- Status
- Active since 15-03-2022Normal situation
- Activity
- Other business support servicesNACE 82990and 3 others
- Establishment unit
- 2.330.445.3883540 Herk-de-Stad, since 01-04-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Insights on Arrow Racing Events
Arrow Racing Events files the micro format. That format states no turnover. The gross margin rose from €21,478 in 2022 to €45,760 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Arrow Racing Events
- What is the company number of Arrow Racing Events?
- The company number of Arrow Racing Events is 0783.450.192. The VAT number is the same number with BE in front: BE 0783.450.192.
- Where is Arrow Racing Events based?
- The registered office is at Ganzenhoek 32A, 3540 Herk-de-Stad.Company details
- What does Arrow Racing Events do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of Arrow Racing Events?
- Arrow Racing Events is a private limited company (BV).
- When was Arrow Racing Events founded?
- Arrow Racing Events was founded on 15-03-2022.
- Is Arrow Racing Events still active?
- Yes, Arrow Racing Events is an active enterprise in the KBO register.
- What is the turnover of Arrow Racing Events?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €45,760 and 41 comparable companies (NACE 82990). It probably lies between €73,000 and €150,000.Financials
- Is Arrow Racing Events profitable?
- In financial year 2025, Arrow Racing Events made a profit of €9,470.
- Where can I find the annual accounts of Arrow Racing Events?
- Arrow Racing Events filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Arrow Racing Events due?
- Arrow Racing Events must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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