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ARKON

Active
Arbeidstraat 48 ·9300 Aalst, Belgium
KBO/BCE: BE 0769.600.077
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ARKON is 5.2% (elevated). The 2024 annual accounts show negative equity (€-25k) and a net result of €-11k. Equity is shrinking by ~86.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 11087 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
5.2% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-11k+27.0%
Working capital€3k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 03-06-2025 with the NBB · fiscal year 2024 · micro
€-15k€-10k€-5k€0Operating result 2022: €-2k€-2kNet result 2022: €-3k€-3kOperating result 2023: €-13k€-13kNet result 2023: €-15k€-15kOperating result 2024: €-10k€-10kNet result 2024: €-11k€-11k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~86.9%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-80k€-60k€-40k€-20k€02025: €-38k (€-40k - €-36k)2026: €-50k (€-52k - €-48k)2027: €-63k (€-65k - €-61k)2022: €692023: €-14k2024: €-25k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -121.4% 40.9%
better than 5% of 11087 sector peers
Net result €-11k €11k
better than 9% of 11069 sector peers
Equity €-25k €34k
better than 5% of 11090 sector peers
Gross operating margin €-4k €35k
better than 5% of 11060 sector peers
Total assets €21k €93k
better than 9% of 11087 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P5
2022: P9 · n=65332023: P5 · n=90992024: P5 · n=110872022 2024
Stable position over 2022-2024 · n=6533-11087
Net result P9
2022: P13 · n=65182023: P6 · n=90842024: P9 · n=110692022 2024
Stable position over 2022-2024 · n=6518-11069
Equity P5
2022: P9 · n=65392023: P5 · n=91052024: P5 · n=110902022 2024
Stable position over 2022-2024 · n=6539-11090
Gross operating margin P5
2022: P15 · n=65122023: P5 · n=90742024: P5 · n=110602022 2024
Stable position over 2022-2024 · n=6512-11060
Describes the position versus peers, not a forecast.
EBITDA
€-8k
- far below sector median
Net profit
€-11k
+27.0% far below sector median
Cash flow
€-9k
- far below sector median
Total assets
€21k
-9.5% -53% vs sector
Equity
€-25k
-73.4% far below sector median
Working capital
€3k
- -49% vs sector
Debt
€46k
+22.7% +28% vs sector
Debt ≤ 1y
€17k
+28.7% -49% vs sector
Debt > 1y
€28k
+28.0% +88% vs sector
Current ratio
1.19
+191.6% -21% vs sector
Quick ratio
1.19
+191.6% -21% vs sector
Solvency
-121.4%
-91.5% far below sector median
Debt / equity
-1.82
+29.2% far below sector median
ROE
42.3%
-57.9% far above sector median
ROA
-51.4%
+19.3% far below sector median
Interest coverage
-5.54
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA-
Net profit€-11k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€21k
Equity€-25k
Debt€46k
of which ≤ 1y€17k
of which > 1y€28k
Working capital€3k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.19
Quick ratio1.19
Working capital ratio15.7%
Solvency-121.4%
Debt / equity-1.82
Long-term debt ratio-1.13
Interest coverage-
Gross margin-
Net margin-
ROA-51.4%
ROE42.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€21k
Formation expenses 20€0
Current assets 29/58€21k
Amounts receivable within one year 40/41€21k
Cash & bank 54/58€11
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€21k
Equity 10/15€-25k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€-28k
Amounts payable 17/49€46k
Amounts payable after one year 17€28k
Amounts payable within one year 42/48€17k
Trade debts payable within one year 44€7k
Income statement
Gross operating margin 9900€-4k
Operating result 9901€-10k
Financial income 75€89
Financial charges 65€296
Result before taxes 9903€-11k
Net result for the period 9904€-11k
Result to be appropriated 9905€-11k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
50 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
ARKON
Arbeidstraat 48, 9300 AalstReparatie en onderhoud van verwarmingsinstallaties
since 20212.318.298.218
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area69 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002A2139/00A003 Flanders 69 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 1 year ago
2025
15-07-2025 4 directors appointed, 2 resigning Director changes·Alicia Pans
  • MOENS Andy, Bestuurder
  • HELLINCKX Vincent, Bestuurder
  • ELAUT Robin, Bestuurder
  • HELLINCKX Vincent, Vaste vertegenwoordiger
  • DE KUYPER Mathieu, Bestuurder
  • DE PAEP Annelies, Bestuurder
Notary: Alicia Pans · Aalst-Erembodegem

Analysis

Snowflake analysis

financial profile on 5 axes
Health50Profitability100Solvency49Growth32Stability94
65 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 50
Profitability 100
Solvency 49
Growth 32
Stability 94

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
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Primary activity highlighted.
Names & trade names
Legal nameNL ARKON
Registered office
Arbeidstraat 48 bus A
9300 Aalst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.