Active BE 0437.908.874Public limited company

ARSEMI

Kommenstraat 11 ·1070 Anderlecht, Belgium· 37 yrs active

Conclusion Checked

ARSEMI has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €178k and a net result of €-7k. The computed 12-month bankruptcy probability is 1.3% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€178k
Net result	€-7k
Active	37 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

49 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 45

Profitability 0

Solvency 70

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.3% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1989, 37 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

45 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€8k

estimate, not credit advice

Score history

86 2023

45 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.65 (< 1.0) -10

Leverage Debt/equity 0.10 (< 1.0) +10

Profitability Negatieve ROE -4% -10

Interest coverage Interest coverage 11.0× (≥ 3×) +8

Profit trend Net profit down YoY -3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview32 NBB filings

Annual accounts filed on 10-10-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

EBITDA

€9k

-53.4% 23-24

Net profit

€-7k

- 23-24

Cash flow

€9k

-51.2% 23-24

Total assets

€197k

-4.8% 23-24

Equity

€178k

-11.4% 23-24

Working capital

€-7k

- 23-24

Dividends

€16k

- 23-24

Debt

€19k

+229.7% 23-24

Debt ≤ 1y

€19k

+1627.7% 23-24

Debt > 1y

€5k

- 23-24

Current ratio

0.65

-88.1% 23-24

Quick ratio

0.65

-88.1% 23-24

Solvency

90.6%

-6.9% 23-24

Debt / equity

0.10

+271.9% 23-24

ROE

-3.8%

- 23-24

ROA

-3.5%

- 23-24

Interest coverage

10.99

-44.2% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023
Deposit	micro schema	micro schema
Revenue	-	-
EBITDA	€9k	€20k
Net profit	€-7k	€796
Cash flow	€9k	€19k
Staff costs	-	-
Income taxes	-	-
Dividends	€16k	-
Total assets	€197k	€207k
Equity	€178k	€201k
Debt	€19k	€6k
of which ≤ 1y	€19k	€1k
of which > 1y	-	€5k
Working capital	€-7k	€5k
Employees (FTE)	-	-

Ratios (computed)

	2024	2023
Current ratio	0.65	5.41
Quick ratio	0.65	5.41
Working capital ratio	-3.3%	2.3%
Solvency	90.6%	97.3%
Debt / equity	0.10	0.03
Long-term debt ratio	-	0.02
Interest coverage	10.99	19.69
Gross margin	-	-
Net margin	-	-
ROA	-3.5%	0.4%
ROE	-3.8%	0.4%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €185k · 93.9% Current assets €12k · 6.1%

Equity & liabilities

Equity €178k · 90.6% Debt €19k · 9.4%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€197k	€207k
Fixed assets	21/28	€185k	€201k
Tangible fixed assets	22/27	€183k	€199k
Financial fixed assets	28	€2k	€2k
Current assets	29/58	€12k	€6k
Amounts receivable within one year	40/41	€12k	€4k
Cash & bank	54/58	€41	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€197k	€207k
Equity	10/15	€178k	€201k
Contributions / capital	10/11	€62k	€62k
Reserves	13	€79k	€95k
Accumulated profits (losses)	14	€-38k	€-31k
Amounts payable	17/49	€19k	€6k
Amounts payable after one year	17	-	€5k
Amounts payable within one year	42/48	€19k	€1k
Trade debts payable within one year	44	€3k	€1k
Income statement
Gross operating margin	9900	€18k	€28k
Operating result	9901	€-7k	€2k
Financial income	75	€799	-
Financial charges	65	€846	€1k
Result before taxes	9903	€-7k	€796
Net result for the period	9904	€-7k	€796
Result to be appropriated	9905	€-7k	€796

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	01-06-1989
Status	Active
Postal code	1070

Establishment units 1 location

ARSEMI

Nijverheidsstraat 250, 1800 VilvoordeNACE 4522004

since 19892.044.996.659

Real-estate footprint Source: CBE × cadastre

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23643G0431/00F005	Flanders	405 m²	1 · 101 m²	11.2 m · 3 fl.
21305C0253/00S015	Brussels	124 m²	1 · 77 m²	21.3 m · 7 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 11Gazette 1Filings 10

2025

10-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 71 days late

18-09

State Gazette act Registered-office change

Jakobus MONTEYNE

2024

09-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 40 days late

2022

30-11

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 122 days late

2021

30-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 61 days late

2020

02-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 94 days late

2019

28-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 28 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 31 days late

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 31 days late

2016

13-09

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 44 days late

2015

31-08

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 31 days late

State Gazette actNBB filing

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Address history · 1

18-09-2025

Registered-office move

All acts · 1 updated 11 months ago

2025

18-09-2025 Registered office moved to Anderlecht Registered-office change·Jakobus MONTEYNE

1070 Anderlecht, rue de Bassins 11

Notary: Jakobus MONTEYNE · Machelen

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_clause_amendment_no_move",
      "seat_type": "siege_social",
      "new_address": null,
      "old_address": {
        "raw": "Nijverheidsstraat 250 - 1800 Vilvoorde",
        "city": "Vilvoorde",
        "region": "vlaams_gewest",
        "street": "Nijverheidsstraat",
        "country": "BE",
        "postcode": "1800",
        "box_number": null,
        "street_number": "250",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    },
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "1070 Anderlecht, rue de Bassins 11",
        "city": "Anderlecht",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "rue de Bassins",
        "country": "BE",
        "postcode": "1070",
        "box_number": null,
        "street_number": "11",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Jakobus MONTEYNE",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Machelen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-09-18",
    "filing_date": "2025-09-11",
    "act_kind_objet": "Statutenwijziging - benoeming bestuurders"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2025-08-22",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0437.908.874",
    "name_full": "ARSEMI",
    "legal_form": "nv"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "een afschrift van de akte statutenwijziging",
    "de geco\u00F6rdineerde tekst van de statuten"
  ]
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameFR

ARSEMI