Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 7.2 to 5.7.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ARWY from Herentals, company number BE0404138226, closed financial year 2023 with a result of € -178,370 after tax. For that financial year ARWY recorded revenue of € 9.3 million and equity of € 4.3 million. Compared with financial year 2022, the result moved from € -57,306 to € -178,370. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2024.
€ 4.3 million
▲ 196% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -178,370
▼ 211 % more loss than in 2022
Profit after tax over the fiscal year.
€ 505
▼ 71% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2023
5.7
▼ 1.4 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 421,343
▼ 20% vs 2022
€ 73,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,166
▼ 46% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 6 million
▲ 6% vs 2022
Loans from banks and other lenders, long and short.
€ 14,017
▲ 33% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 207,012
▲ 25% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 9,387,853 | € 9,333,075 | € 9,289,909 | |
| Profit after taxes | € -72,007 | € -57,306 | € -178,370 | ▼ € 121,064 |
| Equity | € 1,511,559 | € 1,454,253 | € 4,298,247 | ▲ 196% |
| Total debts | € 4,932,122 | € 5,898,262 | € 6,351,048 | ▲ 8% |
| Cash | € 3,908 | € 1,745 | € 505 | ▼ 71% |
| Land & buildings | € 167,563 | € 150,835 | € 3,156,642 | ▲ € 3 million |
| Retained profit | € 1,350,428 | € 1,293,122 | € 1,114,752 | ▼ 14% |
| Bank debt | € 4,702,487 | € 5,690,265 | € 6,023,820 | ▲ 6% |
| Balance sheet total | € 6,443,681 | € 7,352,515 | € 10,649,295 | ▲ 45% |
| Employees (FTE) | 7.2 | 7.1 | 5.7 | ▼ 1.4 |
Key figures of ARWY, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ARWY?
What happened at ARWY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ARWY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 178,370. Source: NBB ↗
- Walter Ardies became a director. NBB
- Wim Ardies became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- New establishment in Herentals. KBO
In short
From € 72,007 loss in 2021 to € 178,370 loss in 2023.
Paid € 9,480 in corporate taxes since 2021.
Pays suppliers within 1 days on average.
Management
The stake of ALNICO, LAMAXA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARWYBehind ARWY are Walter Ardies and Wim Ardies. The shares are held by ALNICO (50%) and LAMAXA (50%).
Directors
According to the 2023 annual accounts
since 2022
since 2022
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Langepad(HRT) 1
2200 Herentals
Atomiumsquare 1 box E155
1020 Brussel
Active since 2 January 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.138.226
- VAT number
- BE 0404.138.226
- Registered office
- Langepad(HRT) 1, 2200 Herentals
- Names & denominations
- ARWY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 1 January 1968
- Peppol
- Not registered
- Activities · NACE
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