ARPODAT
ActiveSummary
ARPODAT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €8k. Equity is growing by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 41% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-5
Solvency45▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.41 in 2024; short-term debt: 36.3% and cash: 34.1% of total assets), but 79.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 · 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
20.2%
Return on assets
3%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
35 d early
2023
49 d early
2022
46 d early
2021
72 d early
2020
30 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▲ 17.1%
2024 · €46k
2018: €-59k
2019: €-70k
2020: €-65k
2021: €-38k
2022: €14k
2023: €22k
2024: €46k
2018 → 2025
Total assets
€269k▼ 13.2%
2024 · €310k
2018: €282k
2019: €269k
2020: €239k
2021: €255k
2022: €298k
2023: €269k
2024: €310k
2018 → 2025
Net result
€8k▼ 67.0%
2024 · €24k
2018: €-19k
2019: €-10k
2020: €4k
2021: €27k
2022: €51k
2023: €9k
2024: €24k
2018 → 2025
Working capital
€52k▲ 8.8%
2024 · €48k
2018: €-27k
2019: €29k
2020: €37k
2021: €60k
2022: €87k
2023: €27k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-38k-€14k€22k▲ 65.3%€46k▲ 107%€54k▲ 17.1%
Operating result€43k-€69k▲ 58.7%€26k▼ 62.1%€48k▲ 84.1%€24k▼ 49.5%
Net result€27k-€51k▲ 87.8%€9k▼ 82.8%€24k▲ 172%€8k▼ 67.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269k
Fixed assets
€119k ▼ 17.0%
Current assets
€150k ▼ 10.0%
Equity and liabilities €269k
Equity
€54k ▲ 17.1%
Debt
€215k ▼ 18.5%
Debt's share of the balance-sheet total falls from 85.0% to 79.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53k▼
2024 · €74k
Cash flow
€37k▼
2024 · €50k
Current ratio
1.54▲
2024 · 1.41
Quick ratio
1.27▲
2024 · 1.20
Debt to equity
3.95▼
2024 · 5.68
ROE
14.6%▼
2024 · 51.8%
ROA
3.0%▼
2024 · 7.8%
Interest coverage
3.80▲
2024 · 3.70
Debt ≤ 1 year
€98k▼
2024 · €119k
Debt > 1 year
€114k▼
2024 · €143k
Income taxes
€3k▼
2024 · €4k
Staff costs
€137k▲
2024 · €127k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€310k€269k▼
Fixed assets21/28€143k€119k▼
Tangible fixed assets22/27€141k€117k▼
Land and buildings22€72k€60k▼
Plant, machinery and equipment23€43k€34k▼
Furniture and vehicles24€2k€3k▲
Other tangible fixed assets26€24k€20k▼
Financial fixed assets28€2k€2k=
Current assets29/58€167k€150k▼
Stocks and contracts in progress3€25k€26k▲
Stocks30/36€25k€26k▲
Amounts receivable within one year40/41€68k€28k▼
Trade receivables40€68k€26k▼
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€73k€92k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€310k€269k▼
Equity10/15€46k€54k▲
Contributions10/11€118k€118k=
Profit (loss) carried forward14€-71k€-63k▲
Amounts payable17/49€263k€215k▼
Amounts payable after more than one year17€143k€114k▼
Financial debts170/4€143k€114k▼
Amounts payable within one year42/48€119k€98k▼
Current portion of amounts payable after more than one year42€61k€54k▼
Trade debts44€28k€18k▼
Suppliers440/4€28k€18k▼
Advances received on contracts in progress46€8k€2k▼
Taxes, remuneration and social security45€21k€24k▲
Taxes450/3€10k€12k▲
Remuneration and social security454/9€11k€12k▲
Other amounts payable47/48€998€39▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€127k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€29k▲
Other operating charges640/8€8k€6k▼
Non-recurring operating charges66A€892€0▼
Gross operating margin9900€211k€196k▼
Operating profit (loss)9901€48k€24k▼
Financial income75/76B€0€783▲
Recurring financial income75€0€783▲
Financial charges65/66B€20k€14k▼
Recurring financial charges65€20k€14k▼
Profit (loss) for the period before taxes9903€28k€11k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€24k€8k▼
Profit (loss) for the period to be appropriated9905€24k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-63k▲
Profit (loss) brought forward from the previous period14P€-95k€-71k▲
The notes to these accounts (18 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €51k ▲87.8%
Operating result €69k, net result €51k, both a record.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 1.52
Current ratio from 0.75 to 1.52; short-term debt falls from €108k to €56k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Leuven · 1 establishment unit since 1992
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.
Naamsestraat 723000 LeuvenGround area
1,435 m²
Building footprint
452 m²
Volume, LiDAR
3,040 m³
Parcel 24504D0585/00N000, Flanders · tallest building 19.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RESTAURANT D'ARTAGNAN
since 19922.060.094.809
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24504D0585/00N000 | Flanders | 1,435 m² | 1 · 452 m² | 19.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.060.094.809
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AAPS
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HISTOIRE DE GOUTS
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,862 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 formPrivate limited company
Founded20-11-1992
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.