Financials
- Financial year
- 2025
- Turnover
- €33.1m
- Profit
- €18,415
- Solvency
- 23.7%
Turnover▲ 26.5%
Net result
20192025
ARHS Developments Belgium
ActiveSummary
ARHS Developments Belgium has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €18,415. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 36% of 1,677 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Other information technology and computer services
NACE 62900Computer programming NACE 62100
2nd largest employer in Zaventem, Telecoms and IT sector1 site
Size
€33.1mturnover 2025
- Staff
- 244 FTE
- Equity
- €4.3m
- Profit
- €18,415
Net result -96%: 13-month year
Structure
- Karlien GladinéManaging director
- Dany Robert DelepierreDirector
- Catharina GaasbeekDirector
Auditor: PVDM BEDRIJFSREVISOREN BV2025 accounts 18 days early11 of 25 deeds summarised
Why 91raises riskProfit of €18,415 (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.26, cash €3.3mFigures for financial year 2025 (filed 13-03-2026)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (NACE 62, medium-sized)
Financial strength · tick = 2024
Weak
Solvency
49-3
equity 23.7% of total assets
Liquidity
31+18
short-term debt 76.3% · cash 18.3%
Profitability
36-27
return on assets 0.1%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.2%▲ +0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.3%▲ +0.1 percentage points vs 01-2026
03-2026: 0.5%▲ +0.2 percentage points vs 02-2026highest value
04-2026: 0.1%▼ -0.4 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.26, compared with 1.3 in 2024, below the usual 1.5; short-term debt: 76.3% and cash: 18.3% of total assets), and 76.3% of the assets are financed with debt and provisions.
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 62, medium-sized): better than 37% on solvency, 35% on liquidity and 22% on profitability.
The bankruptcy probability was computed on 26-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 13-03-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
4 days early
2023
2 days early
2022
6 days early
2021
24 days early
2020
6 days early
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · full…
- Reappointment: Karlien Gladiné (director)Resignation: Catharina Eveline Gaasbeek (director)…
- Capital & shares · RestructuringMerger · Auditor report ·…
Key points
- Result fell in 202513-month financial year ▼ 96.4% View
- Positive: 6 years of growth in a rowturnover 2025: €33.1m 6 years View
- Positive: 2nd largest employer in Zaventem, Telecoms and IT sectorin the Checked rankings No. 2 View
- 2 restructurings since 2025latest: merger with ARHS Digital 2 View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
- Board changedlatest change 20-02-2026 · 3 in office 1 joined · 1 left View
By topic
Board & ownership
- Board
- 3 members
- Auditor
- PVDM BEDRIJFSREVISOREN BV
- Karlien GladinéManaging director
- Dany Robert DelepierreDirector
- Catharina GaasbeekDirector
Network & group
- Mergers and asset contributions
- 2
Timeline
- Events
- 34
- Since
- 2007
- 14-10-2025Capital & shares · Purpose · Restructuring
- 04-09-2025Amendment of the articles
- 31-08-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Other information technology and computer servicesNACE 62900
- Founded
- 24-01-2006
- Year ends
- 31-08
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 16
- Annual meeting
- Third Friday of February at 14:00
- Purpose
- “Exploitatie, ontwerp, verkoop, installatie, ondersteuning en onderhoud van IT-oplossingen…” (deed in Dutch)
Key facts about ARHS Developments Belgium
- What is the company number of ARHS Developments Belgium?
- 0878.848.308. In Belgium the VAT number is the company number with BE in front: BE 0878.848.308.
- Where is ARHS Developments Belgium based?
- The registered office is at Ikaroslaan 53, 1930 Zaventem.Company details
- What does ARHS Developments Belgium do?
- According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
- What is the legal form of ARHS Developments Belgium?
- Public limited company (NV).
- When was ARHS Developments Belgium founded?
- On 24-01-2006.
- Is ARHS Developments Belgium still active?
- Yes, ARHS Developments Belgium is an active enterprise in the KBO register.
- How many employees does ARHS Developments Belgium have?
- On average 244 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ARHS Developments Belgium?
- €33.1m in financial year 2025, according to the filed annual accounts.
- Is ARHS Developments Belgium profitable?
- In financial year 2025, ARHS Developments Belgium made a profit of €18,415.
- Where can I find the annual accounts of ARHS Developments Belgium?
- ARHS Developments Belgium filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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