ARSYS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €470k and a net result of €94k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 1468 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
16 d late
2023
1 d early
2022
4 d early
2021
30 d early
2020
22 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€470k▼ 31.6%
2024 · €687k
2018: €96k
2019: €130k
2020: €264k
2021: €433k
2022: €564k
2023: €599k
2024: €687k
2018 → 2025
Net result
€94k▲ 6.8%
2024 · €88k
2018: €31k
2019: €85k
2020: €170k
2021: €191k
2022: €189k
2023: €121k
2024: €88k
2018 → 2025
Total assets
€1.01M▲ 4.7%
2024 · €967k
2018: €247k
2019: €419k
2020: €803k
2021: €875k
2022: €969k
2023: €1.03M
2024: €967k
2018 → 2025
Solvency
46.4%▼ 24.7pp
2024 · 71.1%
2018: 38.8%
2019: 31.0%
2020: 32.9%
2021: 49.5%
2022: 58.2%
2023: 58.4%
2024: 71.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€433k-€564k▲ 30.2%€599k▲ 6.3%€687k▲ 14.6%€470k▼ 31.6%
Operating result€277k-€273k▼ 1.5%€182k▼ 33.5%€125k▼ 30.9%€136k▲ 8.2%
Net result€191k-€189k▼ 1.4%€121k▼ 35.7%€88k▼ 27.8%€94k▲ 6.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€282k▼ 28.5%
Current assets
€731k▲ 27.5%
Equity and liabilities €1.01M
Equity
€470k▼ 31.6%
Debt
€543k▲ 93.9%
The debt ratio rises from 28.9% to 53.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
46.4%▼
2024 · 71.1%
ROE
19.9%▲
2024 · 12.7%
ROA
9.2%▲
2024 · 9.1%
Debt
€543k▲
2024 · €280k
Debt ≤ 1 year
€417k▲
2024 · €110k
Debt > 1 year
€126k▼
2024 · €166k
Income taxes
€46k▲
2024 · €43k
Staff costs
€170k▲
2024 · €169k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€967k€1.01M▲
Fixed assets21/28€394k€282k▼
Intangible fixed assets21€155k€101k▼
Tangible fixed assets22/27€239k€181k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€109k€78k▼
Other tangible fixed assets26€121k€97k▼
Current assets29/58€573k€731k▲
Amounts receivable within one year40/41€58k€180k▲
Trade receivables40€0-
Other amounts receivable41€58k€180k▲
Current investments50/53€10k€266k▲
Cash at bank and in hand54/58€446k€231k▼
Deferred charges and accrued income490/1€59k€54k▼
Equity and liabilities
Total equity and liabilities10/49€967k€1.01M▲
Equity10/15€687k€470k▼
Contributions10/11€6k€6k=
Reserves13€681k€464k▼
Distributable reserves133€681k€464k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€280k€543k▲
Amounts payable after more than one year17€166k€126k▼
Financial debts170/4€166k€126k▼
Amounts payable within one year42/48€110k€417k▲
Current portion of amounts payable after more than one year42€39k€40k▲
Financial debts43€16k€16k=
Other loans439€16k€16k=
Trade debts44€25k€16k▼
Suppliers440/4€25k€16k▼
Taxes, remuneration and social security45€24k€34k▲
Taxes450/3€0-
Remuneration and social security454/9€24k€34k▲
Other amounts payable47/48€5k€311k▲
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€169k€170k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€123k€112k▼
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€422k€423k▲
Operating profit (loss)9901€125k€136k▲
Financial income75/76B€10k€9k▼
Recurring financial income75€10k€9k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€130k€140k▲
Income taxes67/77€43k€46k▲
Profit (loss) for the period9904€88k€94k▲
Profit (loss) for the period to be appropriated9905€88k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€94k▲
Transfer from equity791/2€0€311k▲
Transfer to equity691/2€88k€94k▲
To other reserves6921€88k€94k▲
Profit to be distributed694/7€0€311k▲
Return on contributions (dividend)694€0€311k▲
Social balance
Average headcount (FTE)90870.02.7▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 16 days late
2024
30-09
Financial
Liquidity doublescurrent ratio 5.23
Current ratio from 2.46 to 5.23; short-term debt falls from €215k to €110k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €500kEq €564k ▲30.2%
5 profitable years in a row build equity to €564k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €191k ▲12.8%
Operating result €277k, net result €191k, both a record.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €200kEq €264k ▲104%
3 profitable years in a row build equity to €264k.
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €130k ▲35.8%
2 profitable years in a row build equity to €130k.
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Langemark-Poelkapelle · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stroombeekstraat 48920 Langemark-PoelkapelleGround area
1.8 ha
Building footprint
440 m²
Volume, LiDAR
2,915 m³
2 parcels, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARGENTA - BUYSE
since 20032.159.908.205
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33020E0846/00K000 | Flanders | 1.7 ha | 1 · 140 m² | 9.0 m · 2 fl. |
| 33303E0259/00Y005 | Flanders | 409 m² | 1 · 300 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 3,264 EUR awarded · 3,312 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 434 EUR | 434 EUR |
| 2024 | 3 | 1,205 EUR | 1,451 EUR |
| 2023 | 2 | 1,501 EUR | 1,303 EUR |
| 2022 | 1 | 124 EUR | 124 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
2549001VRD8ASUFK2P09
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Of 1,680 companies in sector 66191 we hold annual accounts for 1,229. 1,021 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2002
Fiscal year end30-09
Activities, NACEBEL
66191Agents and brokers in banking services
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:057/20 23 99
Fax:057/20 28 41