Arthus Construct
ActiveSummary
Arthus Construct has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €807,945 and a net result of -€137,964. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 48% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €807,945
- Loss
- -€137,964
Why 92raises riskLiquidity: current ratio 3.15, cash €91,721, halvedlowers riskSize: total assets €2.8mFigures for financial year 2025 (filed 01-07-2026)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, small): better than 49% on solvency, 70% on liquidity, 5% on profitability and 19% on growth.
The bankruptcy probability was computed on 25-10-2026 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).
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Signals
This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €318,715
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €91,092 after €401,630 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 748 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 748 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,912 | €2,070 | €14,276 | €17,320 | €190,808 | €74,294 | €74,075 | ▼ 0.3% |
| Other operating charges640/8 | - | - | €2,319 | €2,782 | €4,540 | €10,131 | €6,381 | ▼ 37.0% |
| Non-recurring operating charges66A | - | - | €1,477 | - | - | - | - | - |
| Gross operating margin9900 | €297 | €519,356 | €566,323 | €121,360 | -€24,230 | €486,055 | -€10,636 | - |
| Operating profit (loss)9901 | -€10,025 | €511,964 | €548,251 | €101,257 | -€219,579 | €401,630 | -€91,092 | - |
| Financial income75/76B | - | - | €24,244 | €22,900 | €16,277 | €20,304 | €16,613 | ▼ 18.2% |
| Recurring financial income75 | €38 | €3,971 | €24,244 | €22,900 | €16,277 | €20,304 | €16,613 | ▼ 18.2% |
| Financial charges65/66B | - | - | €14,482 | €22,099 | €60,718 | €80,577 | €63,315 | ▼ 21.4% |
| Recurring financial charges65 | €1,771 | €12,076 | €14,482 | €22,099 | €60,718 | €80,577 | €63,315 | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | -€11,758 | €503,859 | €558,013 | €102,058 | -€264,020 | €341,358 | -€137,794 | - |
| Income taxes67/77 | €300 | €121,004 | €136,693 | €21,040 | €521 | €22,643 | €170 | ▼ 99.2% |
| Profit (loss) for the period9904 | -€12,058 | €382,856 | €421,320 | €81,019 | -€264,541 | €318,715 | -€137,964 | - |
| Profit (loss) for the period to be appropriated9905 | -€12,058 | €382,856 | €421,320 | €81,019 | -€264,541 | €318,715 | -€137,964 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.08m | €1.0m | €3.0m | €1.9m | €3.0m | €3.0m | €2.8m | ▼ 7.5% |
| Fixed assets21/28 | €0.03m | €0.01m | €0.07m | €0.06m | €1.8m | €1.7m | €1.6m | ▼ 4.2% |
| Tangible fixed assets22/27 | €0.03m | €0.01m | €0.07m | €0.06m | €1.8m | €1.7m | €1.6m | ▼ 4.2% |
| Land and buildings22 | - | - | - | - | €1.7m | €1.7m | €1.6m | ▼ 3.4% |
| Furniture and vehicles24 | - | - | €0.07m | €0.06m | €0.04m | €0.04m | €0.02m | ▼ 42.9% |
| Current assets29/58 | €0.06m | €1.0m | €2.9m | €1.9m | €1.3m | €1.3m | €1.2m | ▼ 11.8% |
| Stocks and contracts in progress3 | €0.05m | €0.3m | €2.1m | €1.5m | €0.5m | €0.3m | €0.3m | ▲ 9.6% |
| Stocks30/36 | - | - | €2.1m | €1.5m | €0.5m | €0.3m | €0.3m | ▲ 9.6% |
| Amounts receivable within one year40/41 | €0.004m | €0.2m | €0.4m | €0.2m | €0.1m | €0.02m | €0.8m | ▲ 37× |
| Trade receivables40 | - | - | - | €0.001m | €197 | €401 | €0.002m | ▲ 361% |
| Other amounts receivable41 | - | - | €0.4m | €0.2m | €0.1m | €0.02m | €0.8m | ▲ 37× |
| Cash at bank and in hand54/58 | €0.004m | €0.5m | €0.5m | €0.2m | €0.6m | €1.0m | €0.09m | ▼ 91.1% |
| Deferred charges and accrued income490/1 | - | - | €0.001m | €0.006m | €0.005m | €0.003m | €0.02m | ▲ 457% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.08m | €1.0m | €3.0m | €1.9m | €3.0m | €3.0m | €2.8m | ▼ 7.5% |
| Equity10/15 | €0.007m | €0.4m | €0.8m | €0.9m | €0.6m | €0.9m | €0.8m | ▼ 14.6% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€0.01m | €0.4m | €0.8m | €0.9m | €0.6m | €0.9m | €0.8m | ▼ 14.9% |
| Amounts payable17/49 | €0.08m | €0.6m | €2.2m | €1.0m | €2.4m | €2.1m | €2.0m | ▼ 4.4% |
| Amounts payable after more than one year17 | - | - | - | - | - | €1.7m | €1.6m | ▼ 3.9% |
| Financial debts170/4 | - | - | - | - | - | €1.7m | €1.6m | ▼ 3.9% |
| Amounts payable within one year42/48 | €0.08m | €0.6m | €2.2m | €1.0m | €2.4m | €0.4m | €0.4m | ▼ 5.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.07m | €0.07m | ▲ 3.3% |
| Financial debts43 | - | - | - | €0.8m | €1.6m | €0.2m | €0.2m | = |
| Credit institutions430/8 | - | - | - | €0.8m | €1.3m | - | - | - |
| Other loans439 | - | - | - | - | €0.3m | €0.2m | €0.2m | = |
| Trade debts44 | €0.03m | €0.004m | €0.1m | €0.04m | €0.03m | €0.06m | €0.03m | ▼ 45.7% |
| Suppliers440/4 | - | - | €0.1m | €0.04m | €0.03m | €0.06m | €0.03m | ▼ 45.7% |
| Advances received on contracts in progress46 | - | - | €1.2m | - | €0.7m | - | - | - |
| Taxes, remuneration and social security45 | - | - | €0.4m | €0.1m | €0.04m | €0.001m | €0.001m | ▲ 20.0% |
| Taxes450/3 | - | - | €0.4m | €0.1m | €0.04m | - | €200 | - |
| Remuneration and social security454/9 | - | - | - | - | - | €0.001m | €0.001m | = |
| Other amounts payable47/48 | - | - | €0.5m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Accrued charges and deferred income492/3 | - | - | - | €323 | €0.01m | €0.02m | €0.01m | ▼ 15.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.01m | €0.4m | €0.4m | €0.08m | -€0.3m | €0.3m | -€0.1m | - |
| + Depreciation and write-downs630 | €0.009m | €0.002m | €0.01m | €0.02m | €0.2m | €0.07m | €0.07m | ▼ 0.3% |
| Operating cash flow (approximation) | -€0.003m | €0.4m | €0.4m | €0.1m | -€0.07m | €0.4m | -€0.06m | - |
| Investment in fixed assets (approximation) | - | €0.009m | -€0.08m | €0 | -€1.9m | -€0.01m | -€0.003m | ▲ 74.4% |
| Change in cash | - | €0.5m | -€0.04m | -€0.3m | €0.5m | €0.4m | -€0.9m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00269784 |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00357060 |
| 31-12-2023 | abbreviated format | 19-08-2024 | 2024-00380226 |
| 31-12-2022 | abbreviated format | 21-06-2023 | 2023-00149380 |
| 31-12-2021 | abbreviated format | 31-07-2022 | 2022-20278432 |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22400601 |
| 31-12-2019 | abbreviated format | 18-06-2020 | 2020-17900127 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €497 awarded · €497 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €168 | €168 |
| 2024 | 1 | €155 | €155 |
| 2023 | 1 | €174 | €174 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Sofie Rodts |
|
Owners and capital
Capital and shareholders
- 06-11-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-11
Gazette deed
Appointment: Sofie Rodts (director)Legal-form conversion · Capital conversion · Reserve release9 facts ▸
- Legal-form conversion, “besloten vennootschap(BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffing” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Director appointment, Sofie Rodts (director (not named in the articles))
- Registered office clause, “Kortrijk, blijft gevestigd” (deed in Dutch)
- Other provision, “website en e-mail publicatie” (deed in Dutch)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0712.778.368
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34354C0608/00C000 | Flanders | 1.1 ha | 1 · 461 m² | 8.8 m · 2 |
| 34352A0265/00C007 | Flanders | 807 m² | 1 · 166 m² | 9.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De studie en de uitvoering van alle mogelijke bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en de bouw van alle…” (deed in Dutch)
15 activities (deed in Dutch)
- De studie en de uitvoering van alle mogelijke bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels,de studie en de uitvoering van binnen- en buitendecoraties
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en,algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
- Het verstrekken van advies en bijstand,zowel technisch als administratief en commercieel,aan alle vennootschappen en ondernemingen voor alle mogelijke aangelegenheden met betrekking tot de sector van de onroerende goederen
- Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particuliere gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen
- Het verkopen op plan van residentiële bouwprojecten,en niet residentiële–bouwprojecten
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
- Projectontwikkeling voor de aanleg of renovatie van stadswijken
- Ontwikkeling van residentiële bouwprojecten
- Toezien op de bouwwerkzaamheden(ruwbouw,installatie,afwerking,enz.)
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering
- In de mate toegestaan door de wet,leningen en kredietopeningen toestaan aan vennootschappen en particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen en hypotheekmaatschappijen
- Het waarnemen van bestuursopdrachten,het uitoefenen van mandaten en functies welke rechtstreeks of onrechtstreeks met haar voorwerp verband houden
- Handel en kweek van bloemen,snijbloemen en planten
- Tuincentrum
- Handel in interieur en exterieurdecoratie,keramiek en vazen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ARTHUS CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone“Ter verwezenlijking van het voorwerp zal zij alle commerciële, financiële, industriële, roerende en onroerende handelingen mogen verrichten…”
Full text
Ter verwezenlijking van het voorwerp zal zij alle commerciële, financiële, industriële, roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband met haar voorwerp, of die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden. De vennootschap is verbonden door de rechtshandelingen verricht door de organen van vertegenwoordiging, zelfs indien die handelingen buiten haar voorwerp liggen, tenzij zij bewijst dat de derde daarvan op de hoogte was of er, gezien de omstandigheden, niet onkundig van kon zijn; openbaarmaking van de statuten alleen is echter geen voldoende bewijs.
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, kan voorzien worden van volgnummer” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Behoudens ontbinding en vereffening in een akte en indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten” (deed in Dutch)