ARTHUR & CO
ActiveThe computed 12-month bankruptcy probability of ARTHUR & CO is 2.6% (moderate). The 2025 annual accounts show negative equity (€-31k) and a net result of €64k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 13061 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
21
/ 100
Critical▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency41▲+7
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85 against 0.55 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-16.4%
Return on assets
34.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 13061 sector peers (2025).
NBB · sector comparisonPosition among 13061 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
91 d late
2023
89 d late
2022
236 d late
2021
31 d late
2020
90 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-31k▲ 67.6%
2024 · €-95k
2018: €-162k
2019: €-164k
2020: €-119k
2021: €-127k
2022: €-107k
2023: €-72k
2024: €-95k
2018 → 2025
Total assets
€188k▲ 62.5%
2024 · €115k
2018: €885
2019: €636
2020: €41k
2021: €82k
2022: €68k
2023: €128k
2024: €115k
2018 → 2025
Net result
€64k
2024 · €-23k
2018: €-209
2019: €-2k
2020: €45k
2021: €-8k
2022: €20k
2023: €35k
2024: €-23k
2018 → 2025
Working capital
€-32k▲ 66.6%
2024 · €-95k
2019: €593
2020: €18k
2021: €-50k
2022: €-114k
2023: €-71k
2024: €-95k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-127k-€-107k▲ 15.9%€-72k▲ 32.5%€-95k▼ 31.6%€-31k▲ 67.6%
Operating result€-6k-€23k€37k▲ 60.2%€-13k€80k
Net result€-8k-€20k€35k▲ 72.6%€-23k€64k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €80k after a loss of €13k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €188k
Fixed assets
€4k▲ 87.9%
Current assets
€184k▲ 62.0%
Key figures and ratios
EBITDA
€81k▲
2024 · €-9k
Cash flow
€65k▲
2024 · €-19k
Solvency
-16.4%▲
2024 · -82.3%
Current ratio
0.85▲
2024 · 0.55
Quick ratio
0.79▲
2024 · 0.49
Debt / equity
-7.10▼
2024 · -2.21
ROE
-208.9%▼
2024 · 24.0%
ROA
34.3%▲
2024 · -19.8%
Interest coverage
9.71▲
2024 · -0.62
Debt
€218k▲
2024 · €211k
Debt ≤ 1 year
€215k▲
2024 · €208k
Debt > 1 year
€3k=
2024 · €3k
Income taxes
€13k
Staff costs
€112k▼
2024 · €164k
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€115k€188k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€1k€3k▲
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€0€981▲
Financial fixed assets28€862€862=
Current assets29/58€113k€184k▲
Stocks and contracts in progress3€12k€13k▲
Stocks30/36€12k€13k▲
Amounts receivable within one year40/41€82k€161k▲
Trade receivables40€10k€10k▼
Other amounts receivable41€72k€151k▲
Cash at bank and in hand54/58€12k€7k▼
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€115k€188k▲
Equity10/15€-95k€-31k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-145k€-81k▲
Amounts payable17/49€211k€218k▲
Amounts payable after more than one year17€3k€3k=
Trade debts175€3k€3k=
Amounts payable within one year42/48€208k€215k▲
Current portion of amounts payable after more than one year42€2k€0▼
Trade debts44€108k€97k▼
Suppliers440/4€108k€97k▼
Taxes, remuneration and social security45€98k€91k▼
Taxes450/3€46k€62k▲
Remuneration and social security454/9€52k€29k▼
Other amounts payable47/48-€28k
Accrued charges and deferred income492/3€0€427▲
Income statement
Code20242025
Non-recurring operating income76A€5k€23k▲
Remuneration, social security and pensions62€164k€112k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€885▼
Other operating charges640/8€6k€2k▼
Non-recurring operating charges66A€13k€10k▼
Gross operating margin9900€173k€205k▲
Operating profit (loss)9901€-13k€80k▲
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€15k€8k▼
Recurring financial charges65€15k€8k▼
Profit (loss) for the period before taxes9903€-23k€78k▲
Income taxes67/77-€13k
Profit (loss) for the period9904€-23k€64k▲
Profit (loss) for the period to be appropriated9905€-23k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-145k€-81k▲
Profit (loss) brought forward from the previous period14P€-122k€-145k▼
The notes to these accounts (11 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Weakest financial yearnet €-23k ▼165%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 236 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €45k
Net result €45k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 196 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 186 days late
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Manhay · 2 establishment units since 2014
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.
Rue du Vicinal 286960 ManhayGround area
912 m²
Building footprint
756 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
FJS événements
since 20142.227.673.195
Arthur & Co
since 20202.308.853.782
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83011B0080/00V000 | Wallonia | 590 m² | 1 · 590 m² | - |
| 83051A2026/00L002 | Wallonia | 322 m² | 1 · 166 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteManhay2.308.853.782
Similar companies · same sector and region
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BE 0756.592.773
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A LA BOULE
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BE 0445.691.541
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 21,633 companies in sector 56112 we hold annual accounts for 9,660.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2014
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.