Turnover
The micro format states no turnover.
The micro format states no turnover.
Less equity than 89% of companies in specialised construction. Sector median €58,288 · 35,972 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 52% of them on solvency, 72% on liquidity and 77% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
In July 2024, 39,278 companies had the same profile as Arslan Construct has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Arslan Construct itself is higher: 4.8% within 12 months. It rests on far more data about Arslan Construct than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Arslan Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.94, above the usual 1.5. Short-term debt is 51.7% and cash 59.7% of total assets. However, 51.7% of the assets are financed with debt and provisions.
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.
The company filed its 2024 accounts 20 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Arslan Construct Antwerp | €5,592 | €3,444 | 48.3% | - |
| FACILITY MULTI SERVICES Anderlecht | €5,196 | €3,179 | -117.9% | - |
| NOVO ENERGIES Turnhout | €7,294 | €6,082 | 70.2% | - |
| KOHM Dilbeek | €7,624 | €2,291 | 23.3% | - |
| AKH DYNAMIC Charleroi | €9,969 | €3,821 | 50.1% | - |
| DELACO Ghent | €10,234 | €2,300 | 83.4% | - |
| EMISOL Heist-op-den-Berg | €7,792 | €6,825 | 36.4% | - |
These companies have the same main activity as Arslan Construct: other construction installation (NACE 43240). They are comparable in size and age: total assets between €5,200 and €10,200, founded between 2021 and 2024.
The file of Arslan Construct contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 4.8% (elevated).
The 2024 annual accounts show equity of €2,703 and a net result of €1,203. Its solvency ranks better than 52% of 35,955 sector peers (NACE 43, financial year 2024).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €44,000. Estimated: probably between €20,000 and €84,000.
Higher than 52% of 35,955 companies in 2024.
Higher than 53% of 35,353 companies in 2024.
Higher than 80% of 35,537 companies in 2024.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2024 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
5,592 | |
29/58 |
5,592 | |
40/41 |
2,253 | |
41 |
2,253 | |
54/58 |
3,339 | |
| Balance sheet: equity and liabilities | ||
10/49 |
5,592 | |
10/15 |
2,703 | |
10/11 |
1,500 | |
13 |
1,203 | |
133 |
1,203 | |
17/49 |
2,889 | |
42/48 |
2,889 | |
44 |
2,442 | |
440/4 |
2,442 | |
45 |
447 | |
450/3 |
447 | |
| Income statement | ||
9900 |
3,444 | |
640/8 |
1,378 | |
9901 |
2,066 | |
75/76B |
21 | |
75 |
21 | |
65/66B |
446 | |
65 |
446 | |
9903 |
1,641 | |
67/77 |
438 | |
9904 |
1,203 | |
9905 |
1,203 | |
| Appropriation of the result | ||
9906 |
1,203 | |
691/2 |
1,203 | |
6921 |
1,203 | |
| Document | ||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 11-07-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 11-07-2025 | 2025-00275877 |
| Line | Trend | 2024 |
|---|---|---|
| 2,703 | ||
| 48.3% | ||
| 1.94 | ||
| 1.07 | ||
| 44.5% | ||
| 21.5% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Debt's share of the balance-sheet total is 51.7%.
Arslan Construct has no parent and no holdings in its annual accounts. Ozkan Ali Cihan is the only director. Arslan Construct shares no director with another company.
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Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Arslan Construct was incorporated on 4 September 2023 as a private limited company by one natural person, with a starting capital of €1,500.12 The registered office was moved to Antwerp in 2025.3 Ozkan Ali Cihan is director of the company, appointed by deed of 18-04-2025.3 On 17 September 2026 the company was declared bankrupt.4
| Establishment | Since | Unit number |
|---|---|---|
| Bame Invest registered office IJzerenpoortkaai 3, 2000 Antwerp | 04-09-2023 | 2.348.992.679 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11811L3958/00T000 | 449 m² | 1 · 438 m² | 20.1 m · 5 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0805.442.666
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