ARSCOTIM
ActiveSummary
ARSCOTIM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €429,919 and a net result of -€10,105. Its solvency ranks better than 95% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €429,919
- Loss
- -€10,105
- Pierre Yves BELLIDirector
Why 87raises riskFounded in 2023Latest accounts 11 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 3719.06, cash €151,703, halvedEquity €429,919 (100.0% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 92% on solvency, 94% on liquidity, 26% on profitability and 34% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 32 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Appointment: Pierre Yves BELLI (sole director)Resignations: Martin STAELENS, Anne BASTIN…
- Liquidity more than 2780 timescurrent ratio 3719.06
Financials · financial year 2025, full format
2025 annual accounts filed late (11 days) Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00397178.
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €6,691 after €440,486 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Return on assets (ROA).
Peer companies
Historical observationOf the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,146 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €3.8m | - | - |
| Non-recurring operating income76A | €2.2m | - | - |
| Goods, raw materials, services and sundry goods60/61 | €4.0m | - | - |
| Remuneration, social security and pensions62 | €0.7m | €148 | ▼ 100.0% |
| Other operating charges640/8 | €0.01m | €0.006m | ▼ 48.6% |
| Non-recurring operating charges66A | €0.9m | - | - |
| Gross operating margin9900 | €2.0m | -€0.001m | - |
| Operating profit (loss)9901 | €0.4m | -€0.007m | - |
| Financial income75/76B | €0.05m | €0.001m | ▼ 97.6% |
| Recurring financial income75 | €0.05m | €0.001m | ▼ 97.6% |
| Financial charges65/66B | €0.01m | €0.002m | ▼ 87.7% |
| Recurring financial charges65 | €0.01m | €0.002m | ▼ 87.7% |
| Profit (loss) for the period before taxes9903 | €0.5m | -€0.007m | - |
| Income taxes67/77 | €0.1m | €0.003m | ▼ 97.9% |
| Profit (loss) for the period9904 | €0.3m | -€0.01m | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | -€0.01m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.7m | €0.4m | ▼ 75.3% |
| Current assets29/58 | €1.7m | €0.4m | ▼ 75.3% |
| Amounts receivable within one year40/41 | €1.3m | €0.3m | ▼ 79.1% |
| Trade receivables40 | €1.2m | - | - |
| Other amounts receivable41 | €0.1m | €0.3m | ▲ 160% |
| Cash at bank and in hand54/58 | €0.4m | €0.2m | ▼ 62.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.7m | €0.4m | ▼ 75.3% |
| Equity10/15 | €0.4m | €0.4m | ▼ 2.3% |
| Contributions10/11 | €0.1m | €0.1m | = |
| Capital10 | €0.1m | €0.1m | = |
| Issued capital100 | €0.1m | €0.1m | = |
| Reserves13 | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | €0.01m | €0.01m | = |
| Legal reserve130 | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €0.3m | €0.3m | ▼ 3.1% |
| Amounts payable17/49 | €1.3m | €116 | ▼ 100.0% |
| Amounts payable within one year42/48 | €1.3m | €116 | ▼ 100.0% |
| Trade debts44 | €1.2m | €116 | ▼ 100.0% |
| Suppliers440/4 | €1.2m | €116 | ▼ 100.0% |
| Taxes, remuneration and social security45 | €0.1m | - | - |
| Taxes450/3 | €0.1m | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €340,024 | -€10,105 | - |
| Operating cash flow (approximation) | €340,024 | -€10,105 | - |
| Change in cash | - | -€256,789 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 11-08-2026 | 2026-00397178 |
| 31-12-2024 | full format | 22-09-2025 | 2025-00503327 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Pierre Yves BELLI |
|
| Anne BASTIN |
|
| Martin STAELENS |
|
| Mathieur STAELENS |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-01
Gazette deed
Appointment: Pierre Yves BELLI (sole director)Resignations: Martin STAELENS, Anne BASTIN and Mathieur STAELENS5 facts ▸
- General meeting, 14-01-2026 (2 times)
- Director appointment, Pierre Yves BELLI (sole director)
- Director resignation, Martin STAELENS (director)
- Director resignation, Anne BASTIN (director)
- Director resignation, Mathieur STAELENS (director)
19-06
Gazette deed
Registered officeRegistered-office move3 facts ▸
- General meeting, 22-05-2024
- Registered-office move, 1348 Ottignies-Louvain-la-Neuve (Louvain-la-Neuve), Rue du Bosquet 4
- Other provision, “opschortende voorwaarde voor beslissing, houden van een tweede akte die de coördinatie van de statuten in het Frans bekrachtigt” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25384B0048/00V000 | Wallonia | 4,586 m² | 1 · 1,697 m² | 7.9 m · 2 |
| 21463D0190/00P006 | Brussels | 3,798 m² | 1 · 3,189 m² | 13.3 m · 2 |