ARS CONSULT
Annual accounts 2025
micro format, filed on 30-06-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €870,000. Estimated: probably between €400,000 and €2.1m.
Balance sheet
balance sheet total €1.3m on 30-11-2025in euro
in euro
Position in the sector
72.1%
Higher than 76% of 13,800 companies in 2025.
6.79
Higher than 86% of 13,181 companies in 2025.
10.1%
Higher than 69% of 13,360 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
1.3m | 1.1m | 1.1m | 937,316 | 849,734 | 823,541 | 783,953 | 758,608 | 725,772 | 757,902 | 705,585 | 661,642 | 628,832 | 575,415 | 638,397 | 86,057 | 75,123 | 86,161 | 84,108 | |
21/28 |
187,284 | 185,568 | 194,534 | 220,441 | 244,999 | 276,110 | 292,256 | 308,739 | 335,802 | 387,236 | 414,367 | 451,632 | 489,935 | 525,679 | 557,594 | 17,154 | 25,340 | 29,608 | 35,973 | |
22/27 |
182,759 | 181,043 | 190,009 | 220,441 | 244,999 | 276,110 | 292,256 | 308,739 | 335,802 | 380,111 | 407,242 | 444,507 | 482,810 | 518,554 | 551,469 | 11,029 | 19,215 | 27,983 | 35,973 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 511,245 | - | - | - | - | |
23 |
384 | 1,644 | 2,208 | 3,511 | - | - | - | - | - | - | - | 646 | 2,330 | 2,075 | 368 | 1,390 | 1,804 | 992 | - | |
24 |
26,312 | 4,863 | 676 | 1,718 | 1,698 | 7,567 | 261 | 976 | 909 | - | - | 826 | 1,653 | 3,114 | 5,207 | 2,532 | 3,197 | 5,669 | 7,544 | |
25 |
140,563 | 159,036 | 187,124 | 215,213 | 243,301 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
15,500 | 15,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
4,525 | 4,525 | 4,525 | - | - | - | - | - | - | 7,125 | 7,125 | 7,125 | 7,125 | 7,125 | 6,125 | 6,125 | 6,125 | 1,625 | - | |
29/58 |
1.1m | 933,661 | 857,578 | 716,874 | 604,736 | 547,431 | 491,698 | 449,868 | 389,970 | 370,666 | 291,219 | 210,011 | 138,898 | 49,736 | 80,803 | 68,903 | 49,783 | 56,553 | 48,135 | |
29 |
762,839 | 664,633 | 565,996 | 469,139 | 421,499 | 358,754 | 316,712 | 265,000 | 244,000 | - | - | - | - | - | - | - | - | - | - | |
291 |
762,839 | 664,633 | 565,996 | 469,139 | 421,499 | 358,754 | 316,712 | 265,000 | 244,000 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
289,255 | 260,339 | 243,226 | 242,998 | 178,291 | 183,728 | 169,258 | 179,613 | 140,093 | 364,504 | 288,049 | 201,991 | 131,052 | 47,387 | 69,909 | 49,381 | 29,072 | 54,002 | 45,530 | |
40 |
151,216 | 154,517 | 140,543 | 145,518 | 129,930 | 120,236 | 126,904 | 126,916 | 118,599 | 120,065 | 131,159 | 46,618 | 2,681 | 16,580 | 42,668 | 3,914 | 8,192 | 5,493 | 6,255 | |
41 |
138,039 | 105,822 | 102,683 | 97,481 | 48,361 | 63,493 | 42,354 | 52,697 | 21,495 | 244,438 | 156,890 | 155,373 | 128,370 | 30,807 | 27,241 | 45,466 | 20,881 | 48,509 | 39,275 | |
50/53 |
4,640 | 4,640 | 4,640 | 4,640 | 4,640 | 4,640 | 4,640 | 4,640 | 4,640 | 2,320 | 2,320 | 2,320 | 2,320 | 2,320 | 2,320 | 2,320 | 2,320 | 2,320 | 2,320 | |
54/58 |
10,570 | 2,278 | 43,549 | - | 16 | - | - | - | - | - | - | 4,740 | 5,002 | 2 | 8,308 | 15,522 | 18,236 | - | 46 | |
490/1 |
1,912 | 1,772 | 167 | 97 | 290 | 309 | 1,088 | 616 | 1,237 | 3,842 | 849 | 959 | 524 | 27 | 266 | 1,681 | 155 | 231 | 239 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
1.3m | 1.1m | 1.1m | 937,316 | 849,734 | 823,541 | 783,953 | 758,608 | 725,772 | 757,902 | 705,585 | 661,642 | 628,832 | 575,415 | 638,397 | 86,057 | 75,123 | 86,161 | 84,108 | |
10/15 |
905,424 | 778,015 | 689,499 | 512,540 | 453,124 | 455,410 | 433,676 | 374,052 | 313,148 | 226,967 | 171,329 | 125,658 | 86,268 | 43,529 | 28,362 | 27,215 | 18,570 | 14,024 | 10,967 | |
10/11 |
61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 61,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 73,600 | 73,600 | 73,600 | 73,600 | 73,600 | 73,600 | 73,600 | 73,600 | 73,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
737,167 | 610,167 | 521,667 | 344,767 | 285,351 | 287,651 | 265,951 | 206,351 | 145,451 | 60,451 | 51,360 | 6,060 | 4,060 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 6,060 | 4,060 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
729,807 | 602,807 | 514,307 | 337,407 | 277,991 | 280,291 | 258,591 | 198,991 | 138,091 | 53,091 | 44,000 | - | - | - | - | - | - | - | - | |
14 |
107,057 | 106,647 | 106,632 | 106,573 | 106,573 | 106,560 | 106,525 | 106,501 | 106,497 | 105,316 | 58,769 | 58,398 | 21,008 | -19,531 | -34,698 | 19,155 | 10,510 | 5,964 | 2,907 | |
17/49 |
351,076 | 341,215 | 362,612 | 424,775 | 396,610 | 368,130 | 350,278 | 384,555 | 412,624 | 530,935 | 534,256 | 535,984 | 542,564 | 531,886 | 610,036 | 58,842 | 56,553 | 72,137 | 73,141 | |
17 |
193,552 | 210,043 | 227,415 | 253,581 | 227,457 | 241,639 | 260,524 | 265,253 | 286,437 | 320,478 | 341,368 | 365,894 | 391,408 | 415,200 | 444,816 | 8,529 | 14,215 | 19,900 | 25,586 | |
170/4 |
193,552 | 210,043 | 227,415 | 253,581 | 227,457 | 241,639 | 260,524 | 265,253 | 286,437 | 320,478 | 341,368 | 365,894 | 391,408 | 415,200 | 444,816 | 8,529 | 14,215 | 19,900 | 25,586 | |
42/48 |
157,524 | 131,171 | 135,197 | 171,194 | 169,153 | 126,492 | 89,753 | 119,302 | 126,187 | 210,457 | 192,889 | 170,090 | 151,156 | 116,685 | 165,220 | 49,861 | 41,887 | 51,826 | 47,120 | |
42 |
43,328 | 38,600 | 27,491 | 29,498 | 30,857 | 17,430 | 15,462 | 43,774 | 25,243 | 33,878 | 24,898 | 25,514 | 26,298 | 31,796 | 35,787 | 9,019 | 10,212 | 15,525 | 32,862 | |
43 |
- | - | 126 | 30,473 | 29,330 | 23,480 | 13,501 | 27,585 | 14,449 | 23,722 | 23,664 | 22,634 | 26,446 | 26,498 | 21,870 | 4,800 | - | 2,477 | - | |
430/8 |
- | - | 126 | 30,473 | 29,330 | 23,480 | 13,501 | 27,585 | 14,449 | 23,722 | 23,664 | 22,634 | 26,446 | 26,498 | 21,870 | 4,800 | - | 2,477 | - | |
44 |
9,639 | 42,300 | 12,532 | 30,778 | 17,700 | 24,524 | 7,235 | 4,052 | 7,119 | 46,891 | 52,698 | 19,150 | 16,556 | 5,819 | 52,874 | 16,880 | 1,725 | 2,862 | 484 | |
440/4 |
9,639 | 42,300 | 12,532 | 30,778 | 17,700 | 24,524 | 7,235 | 4,052 | 7,119 | 46,891 | 52,698 | 19,150 | 16,556 | 5,819 | 52,874 | 16,880 | 1,725 | 2,862 | 484 | |
45 |
104,556 | 50,272 | 95,049 | 36,445 | 47,267 | 61,058 | 53,556 | 43,891 | 72,876 | 87,466 | 91,629 | 58,046 | 37,110 | 7,826 | 7,042 | 19,163 | 29,951 | 30,962 | 13,774 | |
450/3 |
104,556 | 50,272 | 95,049 | 36,445 | 47,267 | 61,058 | 53,556 | 43,891 | 72,876 | 87,466 | 91,629 | 58,046 | 37,110 | 7,826 | 7,042 | 19,163 | 29,951 | 30,962 | 13,774 | |
47/48 |
- | - | - | 44,000 | 44,000 | - | - | - | 6,500 | 18,500 | - | 44,746 | 44,746 | 44,746 | 47,646 | - | - | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 451 | 451 | 411 | 435 | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 2,011 | - | - | - | - | - | - | - | - | - | |
9900 |
229,867 | 172,127 | 304,040 | 120,212 | 102,432 | 78,629 | 132,299 | 138,252 | 236,236 | 131,038 | 132,725 | 121,515 | 128,567 | 85,826 | 68,250 | 30,615 | 87,325 | 127,651 | 94,096 | |
630 |
34,509 | 30,900 | 30,432 | 29,585 | 29,056 | 29,449 | 28,443 | 27,845 | 45,672 | 27,130 | 37,265 | 38,303 | 38,938 | 39,228 | 102,452 | 11,181 | 11,397 | 11,264 | 10,173 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 6,500 | - | - | - | - | - | |
640/8 |
14,602 | 11,662 | 13,286 | 9,114 | 7,309 | 8,963 | 16,394 | 6,133 | 17,737 | 4,984 | 2,036 | 3,155 | 2,122 | 3,912 | 8,911 | 2,428 | 2,357 | 2,652 | 4,714 | |
66A |
63 | 53 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 288 | 340 | 779 | |
9901 |
180,692 | 129,512 | 260,321 | 81,513 | 66,067 | 40,217 | 87,461 | 104,274 | 172,827 | 98,924 | 93,425 | 80,057 | 87,507 | 36,186 | -43,114 | 17,006 | 73,571 | 113,735 | 79,209 | |
75/76B |
21,840 | 18,982 | 18,577 | 15,245 | 10,755 | 10,550 | 10,025 | 8,300 | 11,641 | 18,016 | 9,149 | 9,193 | 4,523 | 1,856 | 4,051 | 2,709 | 9 | - | 3 | |
75 |
21,840 | 18,982 | 18,577 | 15,245 | 10,755 | 10,550 | 10,025 | 8,300 | 11,641 | 18,016 | 9,149 | 9,193 | 4,523 | 1,856 | 4,051 | 2,709 | 9 | - | 3 | |
65/66B |
8,738 | 10,813 | 11,018 | 9,896 | 9,765 | 11,189 | 11,793 | 11,079 | 26,146 | 13,725 | 22,246 | 20,780 | 19,953 | 22,875 | 14,791 | 2,599 | 3,002 | 4,245 | 1,931 | |
65 |
8,738 | 10,813 | 11,018 | 9,896 | 9,765 | 11,189 | 11,793 | 11,079 | 26,146 | 13,725 | 22,246 | 20,780 | 19,953 | 22,875 | 14,791 | 2,599 | 3,002 | 4,245 | 1,931 | |
9903 |
193,795 | 137,681 | 267,880 | 86,862 | 67,057 | 39,578 | 85,693 | 101,495 | 158,323 | 105,226 | 80,328 | 68,470 | 72,077 | 15,168 | -53,854 | 17,116 | 70,290 | 109,150 | 76,502 | |
67/77 |
66,385 | 49,166 | 90,921 | 27,446 | 25,343 | 17,843 | 26,069 | 40,590 | 65,641 | 31,088 | 34,657 | 29,080 | 29,338 | - | - | 8,470 | 28,244 | 46,093 | 25,782 | |
9904 |
127,410 | 88,515 | 176,959 | 59,416 | 41,714 | 21,735 | 59,623 | 60,904 | 92,681 | 74,138 | 45,670 | 39,390 | 42,739 | 15,168 | -53,854 | 8,646 | 42,046 | 63,057 | 50,720 | |
9905 |
127,410 | 88,515 | 176,959 | 59,416 | 41,714 | 21,735 | 59,623 | 60,904 | 92,681 | 74,138 | 45,670 | 39,390 | 42,739 | 15,168 | -53,854 | 8,646 | 42,046 | 63,057 | 50,720 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
234,057 | 195,147 | 283,532 | 165,989 | 148,273 | 128,260 | 166,125 | 167,401 | 197,997 | 132,907 | 104,069 | 60,398 | 23,208 | -19,531 | -34,698 | 19,155 | 48,010 | 65,964 | 52,939 | |
14P |
106,647 | 106,632 | 106,573 | 106,573 | 106,560 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 44,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
127,000 | 88,500 | 176,900 | 59,416 | 41,700 | 21,700 | 59,600 | 60,900 | 85,000 | 9,091 | 45,300 | 2,000 | 2,200 | - | - | - | - | - | 32 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,300 | 2,000 | 2,200 | - | - | - | - | - | 32 | |
6921 |
127,000 | 88,500 | 176,900 | 59,416 | 41,700 | 21,700 | 59,600 | 60,900 | 85,000 | 9,091 | 44,000 | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | 44,000 | - | - | - | 6,500 | 18,500 | - | - | - | - | - | - | 37,500 | 60,000 | 50,000 | |
694 |
- | - | - | - | 44,000 | - | - | - | - | - | - | - | - | - | - | - | 37,500 | 60,000 | 50,000 | |
695 |
- | - | - | - | - | - | - | - | 6,500 | 18,500 | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for financial year 2006 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-11-2025 | micro format | 30-06-2026 | 2026-00223283 | |
| 30-11-2024 | micro format | 04-07-2025 | 2025-00228621 | |
| 30-11-2023 | micro format | 26-06-2024 | 2024-00174176 | |
| 30-11-2022 | micro format | 29-06-2023 | 2023-00171796 | |
| 30-11-2021 | micro format | 28-06-2022 | 2022-20098481 | |
| 30-11-2020 | micro format | 29-06-2021 | 2021-26800572 | |
| 30-11-2019 | micro format | 26-06-2020 | 2020-20700497 | |
| 30-11-2018 | micro format | 28-06-2019 | 2019-24000248 | |
| 30-11-2017 | micro format | 26-07-2018 | 2018-40200251 | |
| 31-03-2016 | full format | 28-11-2016 | 2016-68500278 | |
| 31-03-2015 | full format | 21-12-2015 | 2015-69400333 | |
| 31-03-2014 | full format | 13-10-2014 | 2014-64500144 | |
| 31-03-2013 | full format | 31-10-2013 | 2013-65300268 | |
| 31-03-2012 | full format | 29-11-2012 | 2012-64800125 | |
| 31-03-2011 | full format | 30-11-2011 | 2011-62400380 | |
| 31-03-2010 | full format | 31-10-2010 | 2010-59800435 | |
| 31-03-2009 | full format | 02-11-2009 | 2009-83500155 | |
| 31-03-2008 | full format | 29-12-2008 | 2008-86700355 | |
| 31-03-2007 | full format | 30-10-2007 | 2007-78600007 | |
| 31-03-2006 | full format | 27-10-2006 | 2006-85002798 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 215,201 | 160,412 | 290,753 | 111,098 | 95,123 | 69,666 | 115,905 | 132,119 | 218,499 | 126,054 | 130,690 | 118,360 | 126,445 | 75,414 | 59,339 | 28,187 | 84,968 | 124,999 | 89,382 | ||
| 161,918 | 119,415 | 207,392 | 89,002 | 70,770 | 51,184 | 88,067 | 88,750 | 138,353 | 101,268 | 82,936 | 77,693 | 81,677 | 54,395 | 48,599 | 19,827 | 53,443 | 74,321 | 60,893 | ||
| 36,224 | 21,934 | 4,525 | 5,028 | 2,786 | 13,303 | 11,960 | 782 | 1,363 | 0 | 0 | 0 | 3,193 | 7,313 | 649,999 | 2,996 | 7,129 | 4,899 | 44,420 | ||
| 8,292 | -41,271 | - | - | - | - | - | - | - | - | - | -261 | 5,000 | -8,306 | -7,214 | -2,714 | - | - | - | ||
| 911,693 | 802,490 | 722,381 | 545,681 | 435,583 | 420,939 | 401,944 | 330,567 | 263,783 | 160,209 | 98,330 | 39,921 | -12,258 | -66,950 | -84,416 | 19,042 | 7,896 | 4,727 | 1,015 | ||
| 72.1% | 69.5% | 65.5% | 54.7% | 53.3% | 55.3% | 55.3% | 49.3% | 43.1% | 29.9% | 24.3% | 19.0% | 13.7% | 7.6% | 4.4% | 31.6% | 24.7% | 16.3% | 13.0% | ||
| 6.79 | 7.12 | 6.34 | 4.19 | 3.58 | 4.33 | 5.48 | 3.77 | 3.09 | 1.76 | 1.51 | 1.23 | 0.92 | 0.43 | 0.49 | 1.38 | 1.19 | 1.09 | 1.02 | ||
| 0.39 | 0.44 | 0.53 | 0.83 | 0.88 | 0.81 | 0.81 | 1.03 | 1.32 | 2.34 | 3.12 | 4.27 | 6.29 | 12.22 | 21.51 | 2.16 | 3.05 | 5.14 | 6.67 | ||
| 14.1% | 11.4% | 25.7% | 11.6% | 9.2% | 4.8% | 13.7% | 16.3% | 29.6% | 32.7% | 26.7% | 31.3% | 49.5% | 34.8% | -189.9% | 31.8% | 226.4% | 449.6% | 462.5% | ||
| 10.1% | 7.9% | 16.8% | 6.3% | 4.9% | 2.6% | 7.6% | 8.0% | 12.8% | 9.8% | 6.5% | 6.0% | 6.8% | 2.6% | -8.4% | 10.0% | 56.0% | 73.2% | 60.3% | ||
| 24.63 | 14.84 | 26.39 | 11.23 | 9.74 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-11-2025 | 30-11-2024 | 30-11-2023 | 30-11-2022 | 30-11-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €36,224 | €21,934 | - | €5,028 | €2,786 |
| Financial fixed assets | - | - | €4,525 | - | - |
| €34,509 | €30,900 | €30,432 | €29,585 | €29,056 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ARS CONSULT
The operating result for 2025 is 40% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 30.5% to 27.9%. Equity and debt are higher.