ARSmarts

Active

Public limited companyfounded 2009active for 17 yearsAllée Edgard-D'Hont 13, 4032 Liège, BelgiumKBO/BCE: BE 0809.398.979

Summary

ARSmarts has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83,472 and a net result of -€242. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 84% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

ARSmartsActiveChecked score 94/100

Risk analysis Report Compare

Activity

Computer programming

NACE 62100

1 site

Size

€7,363turnover 2025

Equity: €83,472
Loss: -€242

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts 3 days early2 deeds in the Belgian Official Gazette

Why 94raises riskLoss of €242 (financial year 2025)lowers riskLiquidity: current ratio 15.40, cash €95,298Equity €83,472 (86.7% of total assets)Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 55% of its sector peers (NACE 62, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 86.7% of total assets

Liquidity 100=

short-term debt 6.5% · cash 98.9%

Profitability 37-6

return on assets -0.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,873 companies, NACE 62, micro)

Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €500 on 30-day terms is acceptable

Liquidity ample (current ratio 15.4, compared with 80.6 in 2024, above the usual 1.5; short-term debt: 6.5% and cash: 98.9% of total assets), and 13.3% of the assets are financed with debt and provisions.

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 62, micro): better than 85% on solvency, 96% on liquidity, 18% on profitability and 23% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

Credit check for your own amount and term

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

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 15.40, cash €95,298

NBB · annual accounts

Equity €83,472 (86.7% of total assets)

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Loss of €242 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

3 days early

2024

71 days early

2023

82 days early

2022

54 days early

2021

39 days early

2020

71 days early

2019

23 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 March (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end24-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-04-2026 Annual accounts filedfinancial year 2025 · micro…
18-02-2025 Annual accounts filedfinancial year 2024 · micro…
30-09-2024 Highest result from 2019 to 2025net €2,053 ▲27.2%

Key points

Caution: Among the weakest 18% on net resultsector median €28,663 · 21,072 companies -€242 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Turnover 20256 financial years filed €7,363 View

By topic

Financials

Financial year: 2025
Turnover: €7,363
Loss: -€242
Solvency: 86.7%

Turnover▼ 52.7%

Net result

20192025

Go to Financials

Timeline

Events: 23
Since: 2011
Next accounts: by 30-04-2027

30-09-2024Liquidity more than triples
08-02-2024Annual accounts filed
30-09-2023Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Computer programmingNACE 62100
Founded: 27-01-2009
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about ARSmarts

What is the company number of ARSmarts?: 0809.398.979. In Belgium the VAT number is the company number with BE in front: BE 0809.398.979.
Where is ARSmarts based?: The registered office is at Allée Edgard-D'Hont 13, 4032 Liège.Company details
What does ARSmarts do?: According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of ARSmarts?: Public limited company (NV).
When was ARSmarts founded?: On 27-01-2009.
Is ARSmarts still active?: Yes, ARSmarts is an active enterprise in the KBO register.
What is the turnover of ARSmarts?: €7,363 in financial year 2025, according to the filed annual accounts.Financials
Is ARSmarts profitable?: In financial year 2025, ARSmarts made a loss of €242.
Where can I find the annual accounts of ARSmarts?: ARSmarts filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARSmarts due?: By 30-04-2027, for financial year 2026.Timeline