Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARSO from Wellen, company number BE0692628597, closed financial year 2025 with a result of € -9,933 after tax. For that financial year ARSO recorded a gross margin of € 4,111 and equity of € 33,104. Compared with financial year 2024, the result moved from € -23,768 to € -9,933. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 33,104
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,933
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,645
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 32,104.
People and assets in 2025
€ 20,777
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 21,965
▼ 23% vs 2024
€ 6,985 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 12,266
▲ € 12,255 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 576
▼ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,029 | € 34,462 | € -8,510 | € 4,111 | ▲ € 12,621 |
| Profit after taxes | € 12,572 | € 15,495 | € -23,768 | € -9,933 | ▲ € 13,835 |
| Equity | € 51,310 | € 66,806 | € 43,037 | € 33,104 | ▼ 23% |
| Total debts | € 20,911 | € 42,888 | € 61,293 | € 64,967 | ▲ 6% |
| Cash | € 26,455 | € 16,664 | € 10,229 | € 5,645 | ▼ 45% |
| Retained profit | € 50,310 | € 65,806 | € 42,037 | € 32,104 | ▼ 24% |
| Bank debt | € 0 | € 35,000 | € 28,634 | € 21,965 | ▼ 23% |
| Balance sheet total | € 72,221 | € 109,694 | € 104,331 | € 98,071 | ▼ 6% |
Key figures of ARSO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ARSO?
What happened at ARSO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,933. filed late Source: NBB ↗
- Kristien Praet became a director. NBB
- New establishment in Wellen. KBO
- Guillaume Houben became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,572 profit in 2022 to € 9,933 loss in 2025.
Paid € 20,439 in corporate taxes since 2022.
Best year ever: 2023, with € 15,495 profit.
Management
Behind ARSO are Guillaume Houben and Kristien Praet. Guillaume Houben is also behind GEKCO Group.
Directors
According to the 2025 annual accounts
since 2018
Kristien Praet
Andere functie
since 2021
Establishments
Establishment units
Physical locations of this company
Russelt 57
3830 Wellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0692.628.597
- VAT number
- BE 0692.628.597
- Registered office
- Russelt 57, 3830 Wellen
- Names & denominations
- ARSO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
Holdings
Diverse administratieve activiteiten ten behoeve van kantoren
+1