Skip to content

ARSAY COMPANY

Active
Private limited companyfounded 2021active for 5 yearsIkaroslaan 1, 1930 Zaventem, BelgiumKBO/BCE: BE 0767.532.987
Summary

The computed 12-month bankruptcy probability of ARSAY COMPANY is 5.5% (elevated). The annual accounts of ARSAY COMPANY for financial year 2025 show a net loss of 53% of total assets and of 95% of the equity at the start of that year. The 2025 annual accounts show equity of €1,500 and a net result of -€29,402. Equity has been growing by about 371% per year since 2021. Its solvency ranks better than 14% of 9,394 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 27-04-2021 Normal situation
Registered office
183 active companies are registered at this address 21 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
General construction of residential buildings NACE 41001and 15 others
Establishment unit
2.316.962.685 1930 Zaventem, since 03-05-2021
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Financial position

34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.5%
Annual accounts 2025
Gross margin
€59,732
▼ 52.2%
Turnover
≈ €310,000
estimated
Loss
€29,402
Equity
€1,500
▼ 95.1%
Total assets
€55,097
▼ 32.9%
Employees on 31-12-2025
2
=
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 20211 of the last 3 accounts lateLoss of €29,402 (financial year 2025)Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 8% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 28-35
equity 2.7% of total assets
Liquidity 7-60
short-term debt 97.3% · cash 5.5%
Profitability 0-100
return on assets -53.4%
Bankruptcy probability within 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 3.3% 01-2025: 2.9%▼ -0.4 percentage points vs 12-2024 02-2025: 2.8%▼ -0.1 percentage points vs 01-2025 03-2025: 2.9%▲ +0.1 percentage points vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%▲ +0.1 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.8%▲ +0.7 percentage points vs 07-2025 09-2025: 4.1%▲ +0.3 percentage points vs 08-2025 10-2025: 1.2%▼ -2.9 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.1%▼ -0.1 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026lowest value 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 5.5%▲ +4.4 percentage points vs 07-2026 09-2026: 5.5%● unchanged vs 08-2026 10-2026: 5.5%● unchanged vs 09-2026highest value 11-2026: 5.5%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.84 (1.53 in 2024), below 1. Short-term debt is 97.3% and cash 5.5% of total assets. 97.3% of the assets are financed with debt and provisions.
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 41, micro). It does better than 13% of them on solvency, 7% on liquidity, 5% on profitability and 5% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €29,402 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9394 sector peers (2025).
NBB · sector comparison
Position among 9394 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
18 days early
2024
29 days late
2023
31 days late
2022
31 days late
2021
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 21 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €49,113 in 2024 -€29,402 View
  • Caution: Lower net result than 94% of companies in construction of buildingssector median €8,554 · 9,384 companies -€29,402 View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as ARSAY COMPANY: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €49,900 and €62,700, founded between 2020 and 2022.

CompanyTotal assetsGross margin
ARSAY COMPANY Zaventem€55,097€59,732
KOREMI Grimbergen€53,428€66,654
BR PROJECT Zaventem€62,748€53,126
YUCO GROUP Kraainem€56,976€50,016
BELA COMPANY Opwijk€58,799€54,172
MARIN BUILDING Affligem€49,852€55,163
GP ENGINEERING Diepenbeek€53,792€64,148
Full comparison

Key facts about ARSAY COMPANY

What is the company number of ARSAY COMPANY?
The company number of ARSAY COMPANY is 0767.532.987. The VAT number is the same number with BE in front: BE 0767.532.987.
Where is ARSAY COMPANY based?
The registered office is at Ikaroslaan 1, 1930 Zaventem.Company details
What does ARSAY COMPANY do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of ARSAY COMPANY?
The legal form of ARSAY COMPANY is Private limited company (BV).
When was ARSAY COMPANY founded?
ARSAY COMPANY was founded on 27-04-2021.
Is ARSAY COMPANY still active?
Yes, ARSAY COMPANY is an active enterprise in the KBO register.
How many employees does ARSAY COMPANY have?
ARSAY COMPANY had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ARSAY COMPANY?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €59,732 and 108 comparable companies (NACE 41001). It probably lies between €220,000 and €540,000.
Is ARSAY COMPANY profitable?
In financial year 2025, ARSAY COMPANY made a loss of €29,402.
Where can I find the annual accounts of ARSAY COMPANY?
ARSAY COMPANY filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARSAY COMPANY due?
ARSAY COMPANY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.