ARWEN CONSULT
ActiveSummary
ARWEN CONSULT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €309k and a net result of €42k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-11
Solvency100=
Growth70=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 7.49 against 3.81 in 2024; short-term debt: 5.3% and cash: 33.3% of total assets), and 11.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.3%
Return on assets
12%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
42 d late
2023
2 d early
2022
12 d early
2021
33 d early
2020
81 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€164k▲ 16.5%
2021 · €141k
2018: €129k
2019: €132k
2020: €130k
2021: €141k
2018 → 2022
EBIT margin
21.7%▼ 3.6pp
2021 · 25.4%
2018: 25.0%
2019: 31.4%
2020: 31.0%
2021: 25.4%
2018 → 2022
Net result
€42k▼ 42.7%
2024 · €73k
2018: €20k
2019: €28k
2020: €27k
2021: €25k
2022: €24k
2023: €36k
2024: €73k
2018 → 2025
Working capital
€121k▲ 29.7%
2024 · €94k
2018: €-15k
2019: €4k
2020: €35k
2021: €39k
2022: €56k
2023: €75k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€141k-€164k▲ 16.5%
Equity€193k-€207k▲ 7.3%€233k▲ 12.3%€287k▲ 23.5%€309k▲ 7.7%
Operating result€36k-€36k▼ 0.2%€52k▲ 44.7%€103k▲ 100%€59k▼ 42.4%
Net result€25k-€24k▼ 2.0%€36k▲ 47.8%€73k▲ 106%€42k▼ 42.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €347k
Fixed assets
€207k ▼ 5.2%
Current assets
€140k ▲ 10.3%
Equity and liabilities €351k
Equity
€309k ▲ 7.7%
Debt
€41k ▼ 33.6%
Debt's share of the balance-sheet total falls from 17.8% to 11.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▼
2024 · €121k
Cash flow
€61k▼
2024 · €91k
Current ratio
7.49▲
2024 · 3.81
Debt to equity
0.13▼
2024 · 0.22
ROE
13.6%▼
2024 · 25.5%
ROA
12.0%▼
2024 · 21.0%
Interest coverage
93.55▼
2024 · 119.02
Debt ≤ 1 year
€19k▼
2024 · €33k
Debt > 1 year
€22k▼
2024 · €28k
Income taxes
€17k▼
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€349k€351k▲
Formation expenses20€4k€3k▼
Fixed assets21/28€219k€207k▼
Tangible fixed assets22/27€219k€207k▼
Land and buildings22€217k€207k▼
Plant, machinery and equipment23€594€323▼
Furniture and vehicles24€897€405▼
Current assets29/58€127k€140k▲
Amounts receivable within one year40/41€42k€22k▼
Trade receivables40€19k€584▼
Other amounts receivable41€22k€22k▼
Cash at bank and in hand54/58€85k€117k▲
Deferred charges and accrued income490/1€716€684▼
Equity and liabilities
Total equity and liabilities10/49€349k€351k▲
Equity10/15€287k€309k▲
Contributions10/11€0-
Reserves13€203k€225k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€203k€225k▲
Profit (loss) carried forward14€84k€84k▲
Amounts payable17/49€62k€41k▼
Amounts payable after more than one year17€28k€22k▼
Financial debts170/4€27k€21k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€33k€19k▼
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€16k€9k▼
Suppliers440/4€16k€9k▼
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€9k€4k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€690€87▼
Income statement
Code20242025
Non-recurring operating income76A-€251
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Other operating charges640/8€1k€949▼
Gross operating margin9900€122k€80k▼
Operating profit (loss)9901€103k€59k▼
Financial income75/76B€411€699▲
Recurring financial income75€411€699▲
Financial charges65/66B€1k€841▼
Recurring financial charges65€1k€841▼
Profit (loss) for the period before taxes9903€103k€59k▼
Income taxes67/77€29k€17k▼
Profit (loss) for the period9904€73k€42k▼
Profit (loss) for the period to be appropriated9905€73k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€157k€126k▼
Profit (loss) brought forward from the previous period14P€84k€84k▲
Transfer from equity791/2€0€20k▲
Transfer to equity691/2€73k€42k▼
To other reserves6921€73k€42k▼
Profit to be distributed694/7€0€20k▲
Return on contributions (dividend)694€0€20k▲
The notes to these accounts (6 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial
Highest result since 2018net €73k ▲106%
Operating result €103k, net result €73k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €207k ▲7.3%
5 profitable years in a row build equity to €207k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €169k ▲19%
3 profitable years in a row build equity to €169k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 2 establishment units since 2005
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.
Voorhoutkaai 89000 GentGround area
1,092 m²
Building footprint
228 m²
Volume, LiDAR
1,959 m³
2 parcels, Flanders, Wallonia · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Arwen Consult bvba
since 20052.145.185.979
Rue de l'Eglise, Malv. 2, 5575 Gedinne
since 20212.321.041.932
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91085A0540/02E000 | Wallonia | 1,026 m² | 1 · 151 m² | 10.4 m · 3 fl. |
| 44804D0512/52D000 | Flanders | 66 m² | 1 · 77 m² | 14.4 m · 3 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.
Similar companies · same sector, comparable size
BENGAL
BE 0896.135.389
Sint-Gillis-Waas · Eq €309,420
JANEKO
BE 0534.480.094
Brasschaat · Eq €309,392
OMDAT
BE 0694.616.604
Oudsbergen · Eq €309,434
ALMACON
BE 0898.180.606
Aartselaar · Eq €309,388
ELENA SHIBKOVA
BE 0803.058.446
Halle · Eq €309,385
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 37,961 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
82300Organisation of conventions and trade shows
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.