NICOLAS ARNOULD
ActiveThe computed 12-month bankruptcy probability of NICOLAS ARNOULD is 2.1% (moderate). The 2025 annual accounts show equity of €6k and a net result of €92k. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 7391 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+17
Solvency26▼-60
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
1.4%
Return on assets
22.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7391 sector peers (2025).
NBB · sector comparisonPosition among 7391 sector peers
Solvency
better than 13%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
1 d late
2023
7 d early
2022
1 d early
2021
5 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 97.3%
2024 · €214k
2021: €24k
2022: €122k
2023: €185k
2024: €214k
2021 → 2025
Total assets
€415k▲ 17.9%
2024 · €352k
2021: €161k
2022: €279k
2023: €320k
2024: €352k
2021 → 2025
Net result
€92k▲ 221%
2024 · €29k
2021: €19k
2022: €99k
2023: €63k
2024: €29k
2021 → 2025
Working capital
€-70k
2024 · €202k
2021: €-96k
2022: €26k
2023: €137k
2024: €202k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€122k▲ 420%€185k▲ 51.7%€214k▲ 15.5%€6k▼ 97.3%
Operating result€25k-€123k▲ 400%€83k▼ 32.8%€47k▼ 43.1%€134k▲ 185%
Net result€19k-€99k▲ 433%€63k▼ 36.0%€29k▼ 54.6%€92k▲ 221%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 185% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €415k
Fixed assets
€76k▲ 540%
Current assets
€340k▼ 0.2%
Equity and liabilities €415k
Equity
€6k▼ 97.3%
Debt
€410k▲ 196%
The debt ratio rises from 39.3% to 98.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€142k▲
2024 · €84k
Cash flow
€99k▲
2024 · €65k
Solvency
1.4%▼
2024 · 60.7%
Current ratio
0.83▼
2024 · 2.46
Quick ratio
0.82▼
2024 · 2.46
Debt / equity
71.41▲
2024 · 0.65
ROA
22.1%▲
2024 · 8.1%
Interest coverage
9.32▲
2024 · 8.00
Debt
€410k▲
2024 · €138k
Debt ≤ 1 year
€410k▲
2024 · €138k
Income taxes
€28k▲
2024 · €10k
A ratio outside any meaningful range has been withheld (balance sheet total €415k, equity €6k).
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€352k€415k▲
Fixed assets21/28€12k€76k▲
Tangible fixed assets22/27€12k€76k▲
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24-€68k
Current assets29/58€340k€340k▼
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€37k€24k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€28k€20k▼
Cash at bank and in hand54/58€303k€313k▲
Deferred charges and accrued income490/1€862€39▼
Equity and liabilities
Total equity and liabilities10/49€352k€415k▲
Equity10/15€214k€6k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€209k€735▼
Amounts payable17/49€138k€410k▲
Amounts payable within one year42/48€138k€410k▲
Trade debts44€435€3k▲
Suppliers440/4€435€3k▲
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€8k▲
Other amounts payable47/48€135k€399k▲
Accrued charges and deferred income492/3€87-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€7k▼
Other operating charges640/8€464€275▼
Gross operating margin9900€84k€142k▲
Operating profit (loss)9901€47k€134k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€10k€15k▲
Recurring financial charges65€10k€15k▲
Profit (loss) for the period before taxes9903€38k€120k▲
Income taxes67/77€10k€28k▲
Profit (loss) for the period9904€29k€92k▲
Profit (loss) for the period to be appropriated9905€29k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€209k€301k▲
Profit (loss) brought forward from the previous period14P€180k€209k▲
Profit to be distributed694/7-€300k
Return on contributions (dividend)694-€300k
The notes to these accounts (7 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Equity above €200kEq €214k ▲15.5%
4 profitable years in a row build equity to €214k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €185k ▲51.7%
3 profitable years in a row build equity to €185k.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €99k ▲433%
Net result €99k, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 1.17
Current ratio from 0.30 to 1.17.
31-12
Financial
Equity above €100kEq €122k ▲420%
2 profitable years in a row build equity to €122k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Theux · 1 establishment unit since 2021
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.
Jevoumont 93a4910 TheuxGround area
511 m²
Building footprint
223 m²
Volume, LiDAR
1,451 m³
2 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NICOLAS ARNOULD
since 20212.325.266.875
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63076D0760/00A000 | Wallonia | 413 m² | 1 · 125 m² | 8.2 m · 2 fl. |
| 63076D0784/00C000 | Wallonia | 98 m² | 1 · 98 m² | 7.6 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryNICOLAS ARNOULD SRL43266
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 6,998 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.