ARVAL

Inactive

KBO/BCE: BE 0455.682.046

Inactive; last annual accounts for fiscal year 2015.

Risk analysis Watch Report Compare

ARVALInactive

Risk analysis Report Compare

Signals

Two signals. The signal on the left, the evidence on the right.

○neutral

No filing for years

The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2016 close31-07-2017 deadline25-09-2026 today

Filed after the deadline

The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 27-09-2016, 58 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 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2015, full schema

Turnover

€37k▲ 26.8%

2013 · €29k

2011: €123khighest in 4 years 2012: €44k▼ -64.0% vs 2011 2013: €29k▼ -34.3% vs 2012lowest in 4 years 2014: €37k▲ +26.8% vs 2013

2011 → 2014

EBIT margin

466.1%▲ 495.5pp

2013 · -29.4%

2011: -27.1% 2012: 3.5%▲ +113% vs 2011 2013: -29.4%▼ -950% vs 2012lowest in 4 years 2014: 466.1%▲ +1685% vs 2013highest in 4 years

2011 → 2014

Net result

€-4k

2014 · €174k

2011: €23k 2012: €47k▲ +99.4% vs 2011 2013: €39k▼ -16.6% vs 2012 2014: €174k▲ +347% vs 2013highest in 5 years 2015: €-4k▼ -102% vs 2014lowest in 5 years

2011 → 2015

Working capital

€1.71M▼ 0.5%

2014 · €1.72M

2011: €1.46Mlowest in 5 years 2012: €1.51M▲ +3.2% vs 2011 2013: €1.55M▲ +2.6% vs 2012 2014: €1.72M▲ +11.2% vs 2013highest in 5 years 2015: €1.71M▼ -0.5% vs 2014

2011 → 2015

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20112012201320142015Trend

Turnover€123k-€44k▼ 64.0%€29k▼ 34.3%€37k▲ 26.8% 2011: €123khighest in 4 years 2012: €44k▼ -64.0% vs 2011 2013: €29k▼ -34.3% vs 2012lowest in 4 years 2014: €37k▲ +26.8% vs 2013

Equity€1.46M-€1.50M▲ 3.2%€1.54M▲ 2.6%€1.72M▲ 11.3%€1.71M▼ 0.2% 2011: €1.46Mlowest in 5 years 2012: €1.50M▲ +3.2% vs 2011 2013: €1.54M▲ +2.6% vs 2012 2014: €1.72M▲ +11.3% vs 2013highest in 5 years 2015: €1.71M▼ -0.2% vs 2014

Operating result€-33k-€2k€-9k€171k€-4k 2011: €-33klowest in 5 years 2012: €2k▲ +105% vs 2011 2013: €-9k▼ -659% vs 2012 2014: €171k▲ +2109% vs 2013highest in 5 years 2015: €-4k▼ -102% vs 2014

Net result€23k-€47k▲ 99.4%€39k▼ 16.6%€174k▲ 347%€-4k 2011: €23k 2012: €47k▲ +99.4% vs 2011 2013: €39k▼ -16.6% vs 2012 2014: €174k▲ +347% vs 2013highest in 5 years 2015: €-4k▼ -102% vs 2014lowest in 5 years

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2015: a loss of €4k after €171k in 2014.

Balance-sheet composition

2015 in colour, 2014 as the grey bar beneath

Equity and liabilities €1.71M

99.9%

Equity €1.71M ▼ 0.2%

Debt €879 ▼ 83.9%

Debt's share of the balance-sheet total falls from 0.3% to 0.1%. Equity and debt are lower.

Key figures and ratios

2015 value · change against 2014

ROE

-0.2%▼

2014 · 10.1%

ROA

-0.2%▼

2014 · 10.1%

Debt ≤ 1 year

€879▼

2014 · €2k

A ratio outside any meaningful range has been withheld (balance sheet total €1.71M, equity €1.71M).

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2015 against 2014 · 19 lines

Balance sheet Code20142015

Assets

Total assets20/58€1.72M€1.71M▼

Current assets29/58€1.72M€1.71M▼

Amounts receivable within one year40/41€1.68M€1.67M▼

Cash at bank and in hand54/58€42k€42k=

Equity and liabilities

Total equity and liabilities10/49€1.72M€1.71M▼

Equity10/15€1.72M€1.71M▼

Contributions10/11€2.47M€2.47M=

Reserves13€247k€247k=

Profit (loss) carried forward14€-1,000k€-1.00M▼

Amounts payable17/49€5k€879▼

Amounts payable within one year42/48€2k€879▼

Trade debts44€1k€879▼

Income statement Code20142015

Turnover70€37k-

Operating profit (loss)9901€171k€-4k▼

Recurring financial income75€2k-

Recurring financial charges65€14€416▲

Profit (loss) for the period before taxes9903€174k€-4k▼

Profit (loss) for the period9904€174k€-4k▼

Profit (loss) for the period to be appropriated9905€174k€-4k▼

Accounts by statement

Income statement Balance sheet Cash flow

Line	2011	2012	2013	2014	2015	Change
Turnover70	€123k	€44k	€29k	€37k	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€88k	-	-	-	-	-
Operating profit (loss)9901	€-33k	€2k	€-9k	€171k	€-4k	▼ 102%
Recurring financial income75	€57k	€49k	€50k	€2k	-	-
Recurring financial charges65	€123	€4k	€3k	€14	€416	▲ 2,853%
Profit (loss) for the period before taxes9903	€23k	€47k	€39k	€174k	€-4k	▼ 102%
Profit (loss) for the period9904	€23k	€47k	€39k	€174k	€-4k	▼ 102%
Profit (loss) for the period to be appropriated9905	€23k	€47k	€39k	€174k	€-4k	▼ 102%

Line	2011	2012	2013	2014	2015	Change
Assets
Total assets20/58	€1.47M	€1.51M	€1.55M	€1.72M	€1.71M	▼ 0.5%
Current assets29/58	€1.47M	€1.51M	€1.55M	€1.72M	€1.71M	▼ 0.5%
Amounts receivable within one year40/41	€1.39M	€1.46M	€1.51M	€1.68M	€1.67M	▼ 0.5%
Cash at bank and in hand54/58	€79k	€43k	€41k	€42k	€42k	=
Equity and liabilities
Total equity and liabilities10/49	€1.47M	€1.51M	€1.55M	€1.72M	€1.71M	▼ 0.5%
Equity10/15	€1.46M	€1.50M	€1.54M	€1.72M	€1.71M	▼ 0.2%
Contributions10/11	€2.47M	€2.47M	€2.47M	€2.47M	€2.47M	=
Reserves13	€247k	€247k	€247k	€247k	€247k	=
Profit (loss) carried forward14	€-1.26M	€-1.21M	€-1.17M	€-1,000k	€-1.00M	▼ 0.4%
Amounts payable17/49	€13k	€5k	€10k	€5k	€879	▼ 83.9%
Amounts payable within one year42/48	€9k	€1k	€6k	€2k	€879	▼ 41.8%
Trade debts44	€9k	€1k	€6k	€1k	€879	▼ 22.8%

Line	2011	2012	2013	2014	2015	Change
Profit (loss) for the period9904	€23k	€47k	€39k	€174k	€-4k	▼ 102%
+ Depreciation and write-downs630	€88k	-	-	-	-	-
Operating cash flow (approximation)	€112k	€47k	€39k	€174k	€-4k	▼ 102%
Change in cash	-	€-36k	€-2k	€441	€-14	▼ 103%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2016

27-09

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 58 days late

2015

31-12

Financial Weakest financial yearnet €-4k

Net result drops to €-4k, the lowest in the series.

03-07

NBB filing Annual accounts filed

fiscal year 2014 · full schema

2014

31-12

Financial Highest result since 2011net €174k ▲347%

Operating result €171k, net result €174k, both a record.

31-12

Financial Liquidity quadruplescurrent ratio 1140.28

Current ratio from 258.21 to 1140.28; short-term debt falls from €6k to €2k.

24-09

NBB filing Annual accounts filed

fiscal year 2013 · full schema · 55 days late

2013

22-07

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

31-12

Financial Liquidity times 10current ratio 1509.30

Current ratio from 157.43 to 1509.30; short-term debt falls from €9k to €1k.

25-06

NBB filing Annual accounts filed

fiscal year 2011 · full schema

2011

01-07

NBB filing Annual accounts filed

fiscal year 2010 · full schema

2010

01-07

NBB filing Annual accounts filed

fiscal year 2009 · full schema

2009

10-07

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

09-07

NBB filing Annual accounts filed

fiscal year 2007 · full schema

2007

12-07

NBB filing Annual accounts filed

fiscal year 2006 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 6 acts read

About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Structure & network

Ownership & control

1 board mandate

Board mandates of this companythis company sits on their board1

Vandemoortele

2 locations

Recognitions · licences · registrations

Legal Entity Identifier

21380047FPLKHKRPMR77

no longer live in the LEI register