ARS Drivers
ActiveSummary
The computed 12-month bankruptcy probability of ARS Drivers is 5.5% (elevated). The 2025 annual accounts show equity of €69k and a net result of €20k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 4654 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+10
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 2.79 against 2.52 in 2024; short-term debt: 9.9% and cash: 3.9% of total assets), and 9.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
90.1%
Return on assets
26.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 6 filingsDeviation from the deadline
2025
7 d late
2024
31 d late
2023
61 d late
2022
50 d late
2021
35 d early
2020
32 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€54k▲ 37,802%
2020 · €143
2020: €143
2022: €54k
2020 → 2022
EBIT margin
3.9%▲ 3818.8pp
2020 · -3815.0%
2020: -3815.0%
2022: 3.9%
2020 → 2022
Net result
€20k▲ 85.0%
2024 · €11k
2020: €-6klowest in 6 years
2021: €-3k▲ +41.8% vs 2020
2022: €2k▲ +164% vs 2021
2023: €15k▲ +610% vs 2022
2024: €11k▼ -26.0% vs 2023
2025: €20k▲ +85.0% vs 2024highest in 6 years
2020 → 2025
Working capital
€14k▼ 43.5%
2024 · €24k
2020: €9klowest in 6 years
2021: €11k▲ +24.3% vs 2020
2022: €16k▲ +44.7% vs 2021
2023: €20k▲ +28.2% vs 2022
2024: €24k▲ +17.8% vs 2023highest in 6 years
2025: €14k▼ -43.5% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€54k
Equity€21k-€23k▲ 9.8%€38k▲ 63.2%€49k▲ 28.7%€69k▲ 41.2%
2021: €21klowest in 5 years
2022: €23k▲ +9.8% vs 2021
2023: €38k▲ +63.2% vs 2022
2024: €49k▲ +28.7% vs 2023
2025: €69k▲ +41.2% vs 2024highest in 5 years
Operating result€-3k-€2k€15k▲ 629%€12k▼ 23.1%€17k▲ 39.8%
2021: €-3klowest in 5 years
2022: €2k▲ +167% vs 2021
2023: €15k▲ +629% vs 2022
2024: €12k▼ -23.1% vs 2023
2025: €17k▲ +39.8% vs 2024highest in 5 years
Net result€-3k-€2k€15k▲ 610%€11k▼ 26.0%€20k▲ 85.0%
2021: €-3klowest in 5 years
2022: €2k▲ +164% vs 2021
2023: €15k▲ +610% vs 2022
2024: €11k▼ -26.0% vs 2023
2025: €20k▲ +85.0% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€56k ▲ 123%
Current assets
€21k ▼ 46.8%
Equity and liabilities €77k
Equity
€69k ▲ 41.2%
Debt
€8k ▼ 52.0%
Debt's share of the balance-sheet total falls from 24.4% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2024 · €24k
Cash flow
€37k▲
2024 · €23k
Current ratio
2.79▲
2024 · 2.52
Debt to equity
0.11▼
2024 · 0.32
ROE
29.2%▲
2024 · 22.3%
ROA
26.3%▲
2024 · 16.8%
Interest coverage
413.28▲
2024 · 184.27
Debt ≤ 1 year
€8k▼
2024 · €16k
Income taxes
€3k▲
2024 · €1k
Staff costs
€26k▼
2024 · €29k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€65k€77k▲
Fixed assets21/28€25k€56k▲
Tangible fixed assets22/27€25k€56k▲
Plant, machinery and equipment23€1k€435▼
Furniture and vehicles24€23k€55k▲
Current assets29/58€40k€21k▼
Amounts receivable within one year40/41€25k€18k▼
Trade receivables40-€1k
Other amounts receivable41€25k€16k▼
Cash at bank and in hand54/58€15k€3k▼
Deferred charges and accrued income490/1-€429
Equity and liabilities
Total equity and liabilities10/49€65k€77k▲
Equity10/15€49k€69k▲
Contributions10/11€30k€30k=
Profit (loss) carried forward14€19k€39k▲
Amounts payable17/49€16k€8k▼
Amounts payable within one year42/48€16k€8k▼
Trade debts44€14k€4k▼
Suppliers440/4€14k€4k▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€29k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€17k▲
Other operating charges640/8€2k€7k▲
Non-recurring operating charges66A-€15k
Gross operating margin9900€55k€82k▲
Operating profit (loss)9901€12k€17k▲
Financial income75/76B€151€7k▲
Recurring financial income75€151€7k▲
Non-recurring financial income76B€151€7k▲
Financial charges65/66B€132€82▼
Recurring financial charges65€132€82▼
Profit (loss) for the period before taxes9903€12k€23k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€11k€20k▲
Profit (loss) for the period to be appropriated9905€11k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€39k▲
Profit (loss) brought forward from the previous period14P€8k€19k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €54k | - | - | - | - |
| Non-recurring operating income76A | €8k | - | €2k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €6k | €51k | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €12k | €29k | €26k | ▼ 8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €7k | €12k | €17k | ▲ 38.1% |
| Other operating charges640/8 | - | €348 | €2k | €2k | €7k | ▲ 324% |
| Non-recurring operating charges66A | - | - | - | - | €15k | - |
| Gross operating margin9900 | €2k | €7k | €36k | €55k | €82k | ▲ 50.2% |
| Operating profit (loss)9901 | €-3k | €2k | €15k | €12k | €17k | ▲ 39.8% |
| Financial income75/76B | - | - | - | €151 | €7k | ▲ 4,349% |
| Recurring financial income75 | - | - | - | €151 | €7k | ▲ 4,349% |
| Non-recurring financial income76B | - | - | - | €151 | €7k | ▲ 4,349% |
| Financial charges65/66B | €45 | €45 | €134 | €132 | €82 | ▼ 38.0% |
| Recurring financial charges65 | €45 | €45 | €134 | €132 | €82 | ▼ 38.0% |
| Profit (loss) for the period before taxes9903 | €-3k | €2k | €15k | €12k | €23k | ▲ 95.2% |
| Income taxes67/77 | - | - | €580 | €1k | €3k | ▲ 207% |
| Profit (loss) for the period9904 | €-3k | €2k | €15k | €11k | €20k | ▲ 85.0% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €2k | €15k | €11k | €20k | ▲ 85.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25k | €29k | €60k | €65k | €77k | ▲ 18.5% |
| Formation expenses20 | €603 | €177 | €0 | - | - | - |
| Fixed assets21/28 | €10k | €7k | €18k | €25k | €56k | ▲ 123% |
| Tangible fixed assets22/27 | €10k | €7k | €18k | €25k | €56k | ▲ 123% |
| Plant, machinery and equipment23 | - | - | €2k | €1k | €435 | ▼ 68.7% |
| Furniture and vehicles24 | €10k | €7k | €15k | €23k | €55k | ▲ 134% |
| Current assets29/58 | €15k | €22k | €43k | €40k | €21k | ▼ 46.8% |
| Amounts receivable within one year40/41 | €148 | €4k | €16k | €25k | €18k | ▼ 28.0% |
| Trade receivables40 | - | €4k | €16k | - | €1k | - |
| Other amounts receivable41 | €148 | - | - | €25k | €16k | ▼ 33.2% |
| Cash at bank and in hand54/58 | €15k | €18k | €26k | €15k | €3k | ▼ 80.2% |
| Deferred charges and accrued income490/1 | - | - | €16 | - | €429 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25k | €29k | €60k | €65k | €77k | ▲ 18.5% |
| Equity10/15 | €21k | €23k | €38k | €49k | €69k | ▲ 41.2% |
| Contributions10/11 | €30k | €30k | €30k | €30k | €30k | = |
| Capital10 | - | €30k | - | - | - | - |
| Issued capital100 | - | €30k | - | - | - | - |
| Profit (loss) carried forward14 | €-9k | €-7k | €8k | €19k | €39k | ▲ 107% |
| Amounts payable17/49 | €4k | €6k | €22k | €16k | €8k | ▼ 52.0% |
| Amounts payable within one year42/48 | €4k | €6k | €22k | €16k | €8k | ▼ 52.0% |
| Trade debts44 | €1k | €6k | €13k | €14k | €4k | ▼ 74.9% |
| Suppliers440/4 | €1k | €6k | €13k | €14k | €4k | ▼ 74.9% |
| Taxes, remuneration and social security45 | - | €189 | €9k | €1k | €4k | ▲ 202% |
| Taxes450/3 | - | €189 | €138 | €1k | €2k | ▲ 90.1% |
| Remuneration and social security454/9 | - | - | €9k | - | €1k | - |
| Other amounts payable47/48 | €2k | €294 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €2k | €15k | €11k | €20k | ▲ 85.0% |
| + Depreciation and write-downs630 | €5k | €5k | €7k | €12k | €17k | ▲ 38.1% |
| Operating cash flow (approximation) | €2k | €7k | €21k | €23k | €37k | ▲ 60.0% |
| Investment in fixed assets (approximation) | - | €-2k | €-17k | €-20k | €-48k | ▼ 143% |
| Change in cash | - | €3k | €8k | €-11k | €-12k | ▼ 9.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Highest result since 2020net €20k ▲85%
Operating result €17k, net result €20k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Anderlecht · 2 establishment units since 2019
Ground area
822 m²
Building footprint
594 m²
Volume, LiDAR
6,799 m³
2 parcels, Brussels, Flanders · tallest building 25.7 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
ARS Drivers
since 20192.295.712.361
ARS Drivers
since 20242.355.949.856
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
| 21304B0131/00F006 | Brussels | 302 m² | 1 · 270 m² | 25.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,683 companies in sector 49330 we hold annual accounts for 2,292. 1,776 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
Contact
Website
www.arsdrivers.be
E-mail
info@arsdrivers.be
Scores and ratios are computed by Checked and are not a credit decision.