Arscensio
ActiveSummary
Arscensio has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €474,450 and a net result of €154,755. Equity is growing by ~46.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 10.48 against 6.02 in 2023; short-term debt: 8.3% and cash: 60.9% of total assets), and 10.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
89.5%
Return on assets
29.2%
Age of the figures
21 mo
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 24-06-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 d early
2024
31 d early
2023
138 d early
2022
3 d early
2021
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
€474,450▼ 36.2%
2023 · €743,225
Total assets
€529,980▼ 41.5%
2023 · €906,086
Net result
€154,755▼ 55.0%
2023 · €343,869
Working capital
€415,338▼ 38.5%
2023 · €675,869
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€66,721-€380,165▲ 470%€458,633▲ 20.6%€203,910▼ 55.5%
Net result€64,091above the sector's middle half-€285,265above the sector's middle half▲ 345%€343,869above the sector's middle half▲ 20.5%€154,755above the sector's middle half▼ 55.0%
Equity€114,091within the sector's middle half-€399,356above the sector's middle half▲ 250%€743,225above the sector's middle half▲ 86.1%€474,450above the sector's middle half▼ 36.2%
Total assets€122,519within the sector's middle half-€1.0mabove the sector's middle half▲ 719%€906,086above the sector's middle half▼ 9.7%€529,980above the sector's middle half▼ 41.5%
Debt€8,428-€604,192▲ 7,069%€162,861▼ 73.0%€55,530▼ 65.9%
Working capital€88,416within the sector's middle half-€360,644above the sector's middle half▲ 308%€675,869above the sector's middle half▲ 87.4%€415,338above the sector's middle half▼ 38.5%
Solvency93.1%above the sector's middle half-39.8%within the sector's middle half▼ 53.3pp82.0%above the sector's middle half▲ 42.2pp89.5%above the sector's middle half▲ 7.5pp
Current ratio11.49above the sector's middle half-1.63within the sector's middle half▼ 9.866.02above the sector's middle half▲ 4.3910.48above the sector's middle half▲ 4.46
Return on assets (ROA)52.3%above the sector's middle half-28.4%above the sector's middle half▼ 23.9pp38.0%above the sector's middle half▲ 9.5pp29.2%above the sector's middle half▼ 8.8pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 56% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €529,980
Fixed assets
€70,818 ▼ 25.8%
Current assets
€459,162 ▼ 43.4%
Equity and liabilities €529,980
Equity
€474,450 ▼ 36.2%
Debt
€55,530 ▼ 65.9%
Debt's share of the balance-sheet total falls from 18.0% to 10.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€238,520▼
2023 · €485,248
Cash flow
€189,365▼
2023 · €370,484
Quick ratio
8.78▲
2023 · 4.60
Debt to equity
0.12▼
2023 · 0.22
ROE
32.6%▼
2023 · 46.3%
Interest coverage
73.49▼
2023 · 84.59
Debt ≤ 1 year
€43,824▼
2023 · €134,720
Debt > 1 year
€11,706▼
2023 · €21,141
Income taxes
€45,909▼
2023 · €109,059
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,781 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €915 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,331 | €11,552 | €26,615 | €34,610 | ▲ 30.0% |
| Other operating charges640/8 | €447 | €1,112 | €1,973 | €2,824 | ▲ 43.1% |
| Gross operating margin9900 | €70,499 | €392,829 | €487,221 | €241,343 | ▼ 50.5% |
| Operating profit (loss)9901 | €66,721 | €380,165 | €458,633 | €203,910 | ▼ 55.5% |
| Financial income75/76B | €39 | €44 | €32 | €0 | ▼ 100% |
| Recurring financial income75 | €39 | €44 | €32 | €0 | ▼ 100% |
| Financial charges65/66B | €53 | €10,328 | €5,737 | €3,246 | ▼ 43.4% |
| Recurring financial charges65 | €53 | €10,328 | €5,737 | €3,246 | ▼ 43.4% |
| Profit (loss) for the period before taxes9903 | €66,707 | €369,881 | €452,928 | €200,664 | ▼ 55.7% |
| Income taxes67/77 | €2,616 | €84,615 | €109,059 | €45,909 | ▼ 57.9% |
| Profit (loss) for the period9904 | €64,091 | €285,265 | €343,869 | €154,755 | ▼ 55.0% |
| Profit (loss) for the period to be appropriated9905 | €64,091 | €285,265 | €343,869 | €154,755 | ▼ 55.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €122,519 | €1.0m | €906,086 | €529,980 | ▼ 41.5% |
| Fixed assets21/28 | €25,675 | €68,820 | €95,498 | €70,818 | ▼ 25.8% |
| Tangible fixed assets22/27 | €25,675 | €68,820 | €95,498 | €70,818 | ▼ 25.8% |
| Plant, machinery and equipment23 | €1,836 | €9,492 | €8,467 | €7,445 | ▼ 12.1% |
| Furniture and vehicles24 | €23,839 | €59,328 | €87,031 | €63,373 | ▼ 27.2% |
| Current assets29/58 | €96,844 | €934,728 | €810,588 | €459,162 | ▼ 43.4% |
| Stocks and contracts in progress3 | €24,710 | €425,618 | €191,380 | €74,420 | ▼ 61.1% |
| Stocks30/36 | €24,710 | €425,618 | €191,380 | €74,420 | ▼ 61.1% |
| Amounts receivable within one year40/41 | €12,551 | €100,098 | €102,400 | €56,285 | ▼ 45.0% |
| Trade receivables40 | €12,466 | €91,722 | €90,648 | €13,969 | ▼ 84.6% |
| Other amounts receivable41 | €85 | €8,376 | €11,752 | €42,316 | ▲ 260% |
| Current investments50/53 | €15,000 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €43,373 | €408,372 | €514,810 | €322,992 | ▼ 37.3% |
| Deferred charges and accrued income490/1 | €1,210 | €639 | €1,999 | €5,465 | ▲ 173% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €122,519 | €1.0m | €906,086 | €529,980 | ▼ 41.5% |
| Equity10/15 | €114,091 | €399,356 | €743,225 | €474,450 | ▼ 36.2% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | €64,091 | €349,356 | €693,225 | €424,450 | ▼ 38.8% |
| Amounts payable17/49 | €8,428 | €604,192 | €162,861 | €55,530 | ▼ 65.9% |
| Amounts payable after more than one year17 | - | €30,108 | €21,141 | €11,706 | ▼ 44.6% |
| Financial debts170/4 | - | €30,108 | €21,141 | €11,706 | ▼ 44.6% |
| Amounts payable within one year42/48 | €8,428 | €574,084 | €134,720 | €43,824 | ▼ 67.5% |
| Current portion of amounts payable after more than one year42 | - | €8,524 | €8,967 | €9,435 | ▲ 5.2% |
| Financial debts43 | - | €150,000 | €0 | €27,046 | - |
| Credit institutions430/8 | - | €150,000 | €0 | €27,046 | - |
| Trade debts44 | €1,627 | €315,331 | €15,183 | €7,149 | ▼ 52.9% |
| Suppliers440/4 | €1,627 | €315,331 | €15,183 | €7,149 | ▼ 52.9% |
| Taxes, remuneration and social security45 | €6,750 | €100,075 | €110,160 | €29 | ▼ 100.0% |
| Taxes450/3 | €6,750 | €100,075 | €110,160 | €29 | ▼ 100.0% |
| Other amounts payable47/48 | €51 | €154 | €409 | €164 | ▼ 59.9% |
| Accrued charges and deferred income492/3 | - | - | €7,000 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,091 | €285,265 | €343,869 | €154,755 | ▼ 55.0% |
| + Depreciation and write-downs630 | €3,331 | €11,552 | €26,615 | €34,610 | ▲ 30.0% |
| Operating cash flow (approximation) | €67,422 | €296,817 | €370,484 | €189,365 | ▼ 48.9% |
| Investment in fixed assets (approximation) | - | -€54,697 | -€53,292 | -€9,930 | ▲ 81.4% |
| Change in cash | - | €364,999 | €106,438 | -€191,819 | ▼ 280% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €343,869 ▲20.5%
Operating result €458,633, net result €343,869, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 6.02
Current ratio from 1.63 to 6.02; short-term debt falls from €574,084 to €134,720.
31-12
Financial
Equity above €500,000Eq €743,225 ▲86.1%
3 profitable years in a row build equity to €743,225.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €399,356 ▲250%
2 profitable years in a row build equity to €399,356.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2020
Ground area
997 m²
Building footprint
236 m²
Volume, LiDAR
1,150 m³
Parcel 73090F0623/00P000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PowerYourself
since 20202.308.407.186
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73090F0623/00P000 | Flanders | 996 m² | 1 · 236 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 545 EUR awarded · 545 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 378 EUR | 378 EUR |
| 2023 | 1 | 0 EUR | 167 EUR |
| 2022 | 1 | 167 EUR | 0 EUR |
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Of 11,567 companies in this sector we hold annual accounts for 6,567. 4,480 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
43212Electrical installation work in industrial facilities
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754842023
Also
9925:BE0754842023
Registered
11-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.