Arbitrium
ActiveThe computed 12-month bankruptcy probability of Arbitrium is 11.2% (high). For Arbitrium, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1k and a net result of €-8k. Equity remains stable across the filed fiscal years (±1.2% per year). The company has been active since 2012 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-38
Solvency30▼-23
Growth32▼-46
Track record92
Bankruptcy probability, 12 months
11.2%
High
0%0.5%1.5%4%10%≥ 25%
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
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 2023Solvency, return and age of the figures
Solvency
4.7%
Return on assets
-29.9%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-12-2024, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
152 d late
2022
31 d late
2021
26 d late
2020
17 d late
2019
91 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Turnover
€2k
EBIT margin
-373.1%
Net result
€-8k
2022 · €134
2018: €12
2019: €115
2020: €83
2021: €223
2022: €134
2018 → 2023
Working capital
€1k▼ 88.2%
2022 · €10k
2018: €9k
2019: €20k
2020: €9k
2021: €9k
2022: €10k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€2k
Equity€9k-€9k▲ 0.9%€10k▲ 2.4%€10k▲ 1.4%€1k▼ 86.4%
Operating result€279-€-130€-317▼ 144%€-128▲ 59.6%€-8k▼ 6,477%
Net result€115-€83▼ 28.0%€223▲ 168%€134▼ 40.0%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2023 against €128 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €28k
Fixed assets
€200=
Current assets
€28k▼ 20.0%
Equity and liabilities €28k
Equity
€1k▼ 86.4%
Debt
€27k▲ 5.7%
The debt ratio rises from 72.3% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
4.7%▼
2022 · 27.7%
Current ratio
1.04▼
2022 · 1.38
Quick ratio
1.04▼
2022 · 1.38
Debt / equity
20.17▲
2022 · 2.61
ROE
-632.6%▼
2022 · 1.4%
ROA
-29.9%▼
2022 · 0.4%
Debt
€27k▲
2022 · €26k
Debt ≤ 1 year
€27k▲
2022 · €26k
Staff costs
€3k▼
2022 · €4k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€35k€28k▼
Fixed assets21/28€200€200=
Financial fixed assets28€200€200=
Current assets29/58€35k€28k▼
Amounts receivable within one year40/41€22k€18k▼
Trade receivables40€22k€18k▼
Other amounts receivable41-€524
Cash at bank and in hand54/58€13k€10k▼
Deferred charges and accrued income490/1€272€161▼
Equity and liabilities
Total equity and liabilities10/49€35k€28k▼
Equity10/15€10k€1k▼
Contributions10/11€14k€14k=
Profit (loss) carried forward14€-5k€-13k▼
Amounts payable17/49€26k€27k▲
Amounts payable within one year42/48€26k€27k▲
Trade debts44€17k€17k▼
Suppliers440/4€17k€17k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€366-
Remuneration and social security454/9€1k€3k▲
Other amounts payable47/48€7k€7k▼
Income statement
Code20222023
Turnover70-€2k
Goods, raw materials, services and sundry goods60/61-€6k
Remuneration, social security and pensions62€4k€3k▼
Other operating charges640/8€165€1k▲
Gross operating margin9900€4k€-4k▼
Operating profit (loss)9901€-128€-8k▼
Financial income75/76B€375€3▼
Recurring financial income75€375€3▼
Non-recurring financial income76B-€3
Financial charges65/66B€64€35▼
Recurring financial charges65€64€35▼
Profit (loss) for the period before taxes9903€182€-8k▼
Income taxes67/77€49-
Profit (loss) for the period9904€134€-8k▼
Profit (loss) for the period to be appropriated9905€134€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-13k▼
Profit (loss) brought forward from the previous period14P€-5k€-5k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-07
State Gazette act
Registered office · Other addressesGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office · Other addresses
General meeting · Registered-office move2 facts ▸
- General meeting, 27/03/2026
- Registered-office move, Hermann-Debrouxlaan 54 1160 Oudergem
2025
22-08
KBO administration
Address struck
de Meeûssquare 35 Die Sitzadresse Square de Meeûs / de
Bruxelles · event 10-08-2025
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
2023
31-12
Financial
Weakest financial yearnet €-8k ▼6430%
Net result drops to €-8k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Highest result since 2018net €223 ▲168%
Net result €223, the highest in the series.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 26 days late
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 120 days late
2015
29-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 151 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2013
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.
Herrmann-Debrouxlaan 541160 OudergemGround area
5,196 m²
Building footprint
2,050 m²
Volume, LiDAR
52,093 m³
2 parcels, Brussels · tallest building 31.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Arbitrium
since 20132.215.878.589
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0081/00H002 | Brussels | 3,929 m² | 1 · 1,150 m² | 30.4 m · 9 fl. |
| 21805E0456/00C000 | Brussels | 1,266 m² | 1 · 900 m² | 31.7 m · 9 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2012
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.