ARS PLUS
ARS PLUS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.27M and a net result of €12k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 516 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €1.27M |
| Net result | €12k |
| Better than sector | 95% |
| Active | 15 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.7% | 46.0% | |
| Net result | €12k | €55k | |
| Equity | €1.27M | €216k | |
| Gross operating margin | €37k | €98k | |
| Total assets | €1.28M | €811k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €32k | €31k | €78k |
| Net profit | €12k | €938 | €36k |
| Cash flow | €40k | €29k | €64k |
| Staff costs | - | - | - |
| Income taxes | €6k | €2k | €14k |
| Dividends | - | - | - |
| Total assets | €1.28M | €1.26M | €1.27M |
| Equity | €1.27M | €1.26M | €1.26M |
| Debt | €4k | €4k | €9k |
| of which ≤ 1y | €2k | €3k | €8k |
| of which > 1y | - | - | - |
| Working capital | €494k | €455k | €426k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 206.91 | 167.56 | 55.56 |
| Quick ratio | 206.91 | 167.56 | 55.56 |
| Working capital ratio | 38.7% | 36.0% | 33.6% |
| Solvency | 99.7% | 99.7% | 99.3% |
| Debt / equity | 0.00 | 0.00 | 0.01 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 487.71 | 512.51 | 55.09 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.9% | 0.1% | 2.8% |
| ROE | 0.9% | 0.1% | 2.8% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.28M | €1.26M | €1.27M |
| Fixed assets | 21/28 | €779k | €807k | €835k |
| Tangible fixed assets | 22/27 | €779k | €807k | €835k |
| Financial fixed assets | 28 | €500 | €500 | €500 |
| Current assets | 29/58 | €497k | €458k | €434k |
| Amounts receivable within one year | 40/41 | €5k | €6k | €7k |
| Investments | 50/53 | - | €400k | - |
| Cash & bank | 54/58 | €488k | €47k | €66k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.28M | €1.26M | €1.27M |
| Equity | 10/15 | €1.27M | €1.26M | €1.26M |
| Contributions / capital | 10/11 | €98k | €98k | €98k |
| Reserves | 13 | €704k | €704k | €704k |
| Accumulated profits (losses) | 14 | €470k | €459k | €458k |
| Amounts payable | 17/49 | €4k | €4k | €9k |
| Amounts payable within one year | 42/48 | €2k | €3k | €8k |
| Trade debts payable within one year | 44 | €2k | €2k | €3k |
| Income statement | ||||
| Gross operating margin | 9900 | €37k | €35k | €82k |
| Operating result | 9901 | €4k | €3k | €50k |
| Financial income | 75 | €13k | - | €610 |
| Financial charges | 65 | €65 | €61 | €1k |
| Result before taxes | 9903 | €17k | €3k | €49k |
| Income taxes | 67/77 | €6k | €2k | €14k |
| Net result for the period | 9904 | €12k | €938 | €36k |
| Result to be appropriated | 9905 | €12k | €938 | €36k |
| NACE primary | Activities of head offices(70100) |
| Legal form | Private limited company(610) |
| Incorporation | 06-12-2010 |
| Status | Active |
| Postal code | 8740 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A1338/00X000 | Flanders | 5,714 m² | 1 · 1,332 m² | 9.0 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
01-06-2023 Registered office moved from Hulste to Pittem
- Waterstraat 14, 8531 Hulste (Harelbeke) → Nijverheidsstraat 3 te 8740 Pittem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Nijverheidsstraat 3 te 8740 Pittem",
"city": "Pittem",
"region": "vlaams_gewest",
"street": "Nijverheidsstraat",
"country": "BE",
"postcode": "8740",
"box_number": null,
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "Waterstraat 14, 8531 Hulste (Harelbeke)",
"city": "Hulste",
"region": "vlaams_gewest",
"street": "Waterstraat",
"country": "BE",
"postcode": "8531",
"box_number": null,
"street_number": "14",
"locality_suffix": "(Harelbeke)"
},
"effective_date": "2023-05-11",
"evidence_quote": "Uit het verslag van de algemene vergadering van 11 mei 2023 blijkt dat de maatschappelijke zetel van de vennootschap verplaatst wordt naar Nijverheidsstraat 3 te 8740 Pittem en dit met ingang vanaf heden, 11 mei 2023.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-05-22",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-05-11",
"unanimous": null
},
"subject_company": {
"kbo": "0831.720.758",
"name_full": "ARS PLUS",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Frank Dick",
"org_rep_person_name": null,
"person_role_at_subject": "Bijzonder gevolmachtigde"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}| Legal nameNL | ARS PLUS |