ARPEGE PRELUDE
ActiveSummary
ARPEGE PRELUDE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €235k and a net result of €78k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 34% of 51 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+14
Solvency62▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.24 in 2023; short-term debt: 62.6% and cash: 1.4% of total assets), and 63.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 84
Relative position
BE, all sectors
reference
Sector 84
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €235k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
180 d late
2022
32 d late
2021
58 d late
2020
36 d early
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€78k▲ 1,379%
2023 · €5k
2019: €19k
2020: €-27k
2021: €13k
2022: €48k
2023: €5k
2019 → 2024
Working capital
€169k▲ 37.6%
2023 · €123k
2018: €183k
2019: €197k
2020: €126k
2021: €139k
2022: €184k
2023: €123k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€151k-€152k▲ 0.1%€152k▲ 0.1%€157k▲ 3.5%€235k▲ 49.7%
Operating result€-27k-€13k€48k▲ 261%€3k▼ 93.1%€72k▲ 2,071%
Net result€-27k-€13k€48k▲ 267%€5k▼ 89.0%€78k▲ 1,379%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2,071% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €639k
Fixed assets
€70k ▲ 104%
Current assets
€569k ▼ 8.9%
Equity and liabilities €639k
Equity
€235k ▲ 49.7%
Debt
€404k ▼ 19.5%
Debt's share of the balance-sheet total falls from 76.2% to 63.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▲
2023 · €7k
Cash flow
€89k▲
2023 · €9k
Current ratio
1.42▲
2023 · 1.24
Debt to equity
1.72▼
2023 · 3.20
ROE
33.2%▲
2023 · 3.4%
ROA
12.2%▲
2023 · 0.8%
Interest coverage
217.94▲
2023 · 24.36
Debt ≤ 1 year
€401k▼
2023 · €503k
Income taxes
€2k▲
2023 · €960
Staff costs
€1.26M▲
2023 · €954k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€660k€639k▼
Fixed assets21/28€34k€70k▲
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€25k€62k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€5k€5k▲
Other tangible fixed assets26€20k€56k▲
Financial fixed assets28€7k€7k=
Current assets29/58€625k€569k▼
Amounts receivable within one year40/41€156k€241k▲
Trade receivables40€2k€10k▲
Other amounts receivable41€153k€231k▲
Current investments50/53€432k€317k▼
Cash at bank and in hand54/58€13k€9k▼
Deferred charges and accrued income490/1€24k€3k▼
Equity and liabilities
Total equity and liabilities10/49€660k€639k▼
Equity10/15€157k€235k▲
Contributions10/11€4k€4k=
Capital10€4k€4k=
Profit (loss) carried forward14€153k€231k▲
Amounts payable17/49€503k€404k▼
Amounts payable within one year42/48€503k€401k▼
Financial debts43€30k-
Credit institutions430/8€30k-
Trade debts44€54k€26k▼
Suppliers440/4€53k€26k▼
Bills of exchange payable441€491-
Taxes, remuneration and social security45€199k€194k▼
Taxes450/3€20k€19k▼
Remuneration and social security454/9€179k€174k▼
Accrued charges and deferred income492/3€0€4k▲
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€197k-
Remuneration, social security and pensions62€954k€1.26M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€11k▲
Other operating charges640/8€85-
Non-recurring operating charges66A€667€-156▼
Gross operating margin9900€962k€1.34M▲
Operating profit (loss)9901€3k€72k▲
Financial income75/76B€3k€8k▲
Recurring financial income75€3k€8k▲
Financial charges65/66B€304€384▲
Recurring financial charges65€304€384▲
Profit (loss) for the period before taxes9903€6k€80k▲
Income taxes67/77€960€2k▲
Profit (loss) for the period9904€5k€78k▲
Profit (loss) for the period to be appropriated9905€5k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€153k€231k▲
Profit (loss) brought forward from the previous period14P€147k€153k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 180 days late
2024
31-12
Financial
Highest result since 2019net €78k ▲1379%
Operating result €72k, net result €78k, both a record.
31-12
Financial
Equity above €200kEq €235k ▲49.7%
4 profitable years in a row build equity to €235k.
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-27k ▼243%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Liège · 2 establishment units since 2000
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.
Rue du Vertbois 274000 LiègeGround area
2,068 m²
Building footprint
795 m²
Volume, LiDAR
12,258 m³
2 parcels, Wallonia · tallest building 21.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
ARPEGE PRELUDE
since 20002.163.029.526
ARPEGE PRELUDE
since 20052.232.636.528
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1406/00B002 | Wallonia | 1,144 m² | 1 · 333 m² | 21.3 m · 6 fl. |
| 25782C0400/00Y007 | Wallonia | 924 m² | 1 · 462 m² | 16.2 m · 4 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.
Public money · subsidies and aid
Federal government
2023 to 2025 · 4 entries · 844,267 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Justitie | 2 | 375,488 EUR |
| 2024 | FOD Justitie | 1 | 299,994 EUR |
| 2023 | FOD Justitie | 1 | 168,785 EUR |
Budget allocations
Toelagen voor de begeleiding van gerechtelijke maatregelen (Globaal Plan)
Wallonia-Brussels Federation
2021 to 2025 · 14 entries · 3,434,064 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 5 | 1,232,544 EUR |
| 2024 | 3 | 1,149,107 EUR |
| 2023 | 5 | 1,049,601 EUR |
| 2021 | 1 | 2,813 EUR |
Budget allocations
Subventions aux services agréés pour l'accompagnement
Subventions pour des projets particuliers d'opérateurs actifs dans les secteurs
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ORTHEX
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Of 32 companies in sector 84239 we hold annual accounts for 14. 12 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 formNon-profit association
Founded21-09-2000
Fiscal year end31-12
Abbreviation FR
Prélude
Activities, NACEBEL 2025
84239Public administration and defence; compulsory social security
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:nivelles@arpege-prelude.be
Phone:067 49 19 85