Skip to content

ARCADE

Active Public limited companyfounded 1991active for 35 yearsQuai Timmermans 14, 4000 LiègeKBO/BCE: BE 0444.013.243
ARCADE
Financial year 2025
Follow ReportCompare

Annual accounts 2025

full format, filed on 17-07-2026, 14 days before the deadline
€1.1m
▼ 6.2%
€254,709
▼ 53.3%
€41,494
▼ 84.2%
-€1.2m
▼ €229,180
24.1%
▼ 6.5 percentage points
0.61
▼ 0.05

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.1m. Estimated: probably between €1.0m and €1.2m.

Balance sheet

balance sheet total €10.3m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

24.1%

Higher than 37% of 5,810 companies in 2025.

0.61

Higher than 30% of 5,561 companies in 2025.

0.4%

Higher than 45% of 5,784 companies in 2025.

ARCADE Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half

Staff

€52,621

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 4 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172015201420132012201120102009200820072006
Balance sheet: assets
20/58 10.3m8.0m6.7m6.8m5.5m5.2m3.2m3.1m3.3m3.4m3.5m2.2m2.2m1.9m1.9m2.0m1.9m1.8m1.5m
20 --------------00---
21/28 8.4m6.1m6.0m6.2m4.7m4.7m2.8m2.9m3.1m3.1m3.2m2.1m2.1m1.7m1.8m1.9m1.9m1.6m1.5m
21 --------------00---
22/27 6.0m4.6m4.5m4.7m4.7m4.7m2.8m2.9m3.1m3.1m3.2m2.1m2.1m1.7m1.8m1.9m1.9m1.6m1.5m
22 5.9m4.5m4.5m4.6m4.3m4.6m2.8m2.9m3.1m3.1m3.2m2.1m2.0m1.7m1.8m1.9m1.8m1.6m1.5m
23 23,46225,519-1,4903,9896,489---3,3676,66710,00010,00010,00010,00010,00010,00010,00010,000
24 50,90960,31017,00217,8014,8296,1873,9984,5583,123-----067134201267
26 72,39548,56744,76349,57953,29113,3313404084766128871,8065,5039,19112,87916,56720,25523,94327,631
27 ----333,854--------------
28 2.4m1.5m1.5m1.5m1,6008004004007706451,8631,8631,2181,2181,218818818818818
29/58 1.9m1.9m623,517627,818790,502527,008425,793215,519183,885330,628237,887129,399162,464162,813115,919102,84990,360110,09247,956
29 1.4m------------------
291 1.4m------------------
3 ---------16,50016,50016,500-------
30/36 ---------16,50016,50016,500-------
40/41 398,3831.8m589,785557,823598,690304,171315,829146,862123,779202,831156,90174,69198,446111,66560,65860,65085,12780,82815,918
40 165,111126,777234,667212,282285,28395,97337,36919,61025,64165,97884,35764,69198,439111,6506,9786,97880,84476,47013,543
41 233,2731.6m355,118345,541313,407208,198278,461127,25298,138136,85372,54410,00071553,68053,6724,2834,3582,375
50/53 ----------------5,233--
54/58 5,19027,5319,87329,948128,641106,97217,54711,61912,96221,06913,30918,06039,88232,76414,29127,791-25,1642,518
490/1 54,39465,27123,85940,04763,170115,86592,41757,03847,14490,22851,17720,14824,13518,38440,97014,409-4,10029,520
Balance sheet: equity and liabilities
10/49 10.3m8.0m6.7m6.8m5.5m5.2m3.2m3.1m3.3m3.4m3.5m2.2m2.2m1.9m1.9m2.0m1.9m1.8m1.5m
10/15 2.5m2.4m2.2m1.9m1.4m979,528340,008223,204159,55869,16071,24998,25548,17520,824-47,873-53,535-61,495-56,258-4,445
10/11 142,565142,565142,565142,565142,565142,56580,59280,59280,59262,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 142,565142,565142,565142,565142,565142,565-------------
100 142,565142,565142,565142,565142,565142,56580,59280,59280,59262,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 349,823360,336283,054163,673170,592162,3898,0598,0598,0596,2006,2006,2001,505137137137137137137
130/1 14,25714,25714,25714,25714,25714,257-------------
130 14,25714,25714,25714,25714,25714,2578,0598,0598,0596,2006,2006,2001,505137137137137137137
132 335,566346,079268,798149,417156,335148,132-------------
14 2.0m1.9m1.8m1.6m1.1m674,574251,357134,55370,9079603,04930,055-15,330-41,313-110,011-115,672-123,632-118,395-66,582
16 63,01068,52172,09875,67479,25078,702----34,825--------
160/5 -----916----34,825--------
164/5 -----916-------------
168 63,01068,52172,09875,67479,25077,786-------------
17/49 7.8m5.5m4.4m4.8m4.0m4.1m2.9m2.9m3.1m3.4m3.4m2.1m2.2m1.9m2.0m2.1m2.0m1.8m1.5m
17 4.7m2.6m1.7m2.5m2.5m2.7m2.0m2.1m2.2m2.4m2.2m1.4m1.5m1.3m1.4m1.5m1.6m1.5m291,260
170/4 4.7m2.6m1.7m2.5m2.5m2.6m2.0m2.1m2.2m2.4m2.2m1.4m1.5m1.3m1.4m1.5m1.6m1.5m291,260
178/9 18,16717,0279,61014,08013,58013,2809,0008,760-----------
42/48 3.1m2.8m2.7m2.2m1.4m1.4m912,937826,176825,468911,5581.1m740,950699,076575,543594,521533,012396,133355,2361.3m
42 617,814457,9701.0m388,281759,327813,033262,704230,125226,744236,621270,260188,292171,000151,036138,744138,744138,744117,0741.2m
43 1.4m2.1m704,197903,000-----225,000236,428132,500125,000-29,587032,49631,27118,905
430/8 1.4m2.1m704,197903,000-----225,000236,428132,500125,000---32,49631,27118,905
439 --------------29,587----
44 137,27685,228106,84625,13933,04413,887104,40393,951136,715107,646171,40546,85558,16061,16960,80947,49573,11342,27436,115
440/4 137,27685,228106,84625,13933,04413,887104,40393,951136,715107,646171,40546,85558,16061,16960,80947,49573,11342,27436,115
46 --------------0684684--
45 48,45455,87824,690110,77697,04445,981100,14725,96511,976-23,94923,9491,0981,4251,7160---
450/3 39,90449,90021,872108,02797,04445,98195,31821,8078,256-23,94923,9491,0981,4251,716----
454/9 8,5505,9782,8172,749--4,8304,1573,720----------
47/48 839,499158,415863,216808,819560,282545,034445,683476,135450,033342,291428,608349,354343,818361,913363,666346,089151,096164,61734,271
492/3 29,90425,53313,85259,52752,98343,59318,76524,65956,35320,03220,3989,61211,6672,56255363--1,840
Income statement
76A 4,913----751,1512,333-97,5259,800-1,210------
9900 1.1m1.2m1.1m1.2m1.1m936,199582,974415,286389,290621,805379,050320,030276,079279,427241,029284,549232,162124,72386,850
60/61 -----177,039-------------
62 52,62157,45638,6208,0921,18515,34042,39433,88431,765------759---
630 656,848404,732360,942330,894347,004328,757184,757180,954205,625169,983168,794130,092131,229119,542141,266141,621136,199100,74588,387
631/4 -------5007,28047,309----------
635/8 -----916-19,574----34,82433,3871,43717,541------
640/8 135,760164,303131,577115,514112,819105,67463,08261,81170,47060,293103,23020,95716,51614,68421,45050,63411,27111,23311,513
66A --10,8058,3811,87519,534638-396,390-4,0761,439--29,100---
9901 254,709545,706534,004693,250627,664486,468292,603131,35734,082426,35373,639167,544110,794145,20178,31291,53584,69212,745-13,050
75/76B 16,8696,2286,91125,0702,8801,8833,7571,3549262,2521,386183853008516,11833,10333,9036
75 16,8696,2286,91125,0702,8801,8833,7571,3549262,2521,386183853008516,11833,10333,9036
65/66B 212,632204,099158,737104,00072,16577,21545,99747,30650,643521,690111,83189,61383,30076,80372,73670,599123,03298,45553,117
65 212,632204,099158,737104,00072,16577,21545,99747,30650,643521,690111,83189,61383,30076,80372,73670,599123,03298,45553,117
9903 58,946347,835382,177614,320558,379411,136250,36485,404-15,636-1,950-27,00674,03827,35168,6975,6627,954-5,237-51,807-66,161
780 5,5123,5763,5763,5763,3873,334-------------
680 ----4,851--------------
67/77 22,96389,107102,835146,793113,179116,770133,55921,758-139-23,957--0-5-61
9904 41,494262,304282,918471,104443,736297,700116,80563,646-15,636-2,089-27,00650,08127,35168,6975,6627,959-5,237-51,813-66,162
789 10,5136,9196,9196,9196,3506,191-------------
689 084,200126,300-14,553--------------
9905 52,007185,023163,537478,022435,533303,891116,80563,646-15,636-2,089-27,00650,08127,35168,6975,6627,959-5,237-51,813-66,162
Appropriation of the result
9906 2.0m1.9m1.8m1.6m1.1m674,574251,357134,55370,9079603,04934,751-13,962-41,313-110,011-115,672-123,632-118,395-66,582
14P 1.9m1.8m1.6m1.1m674,574370,683-------------
691/2 -----------4,6961,368------
6920 -----------4,6961,368------
Social balance sheet
9087 110.7----1.41----------
Hours worked1013 1,7921,9651,145----1,5271,322----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 17-07-2026 2026-00312778 PDF
31-12-2024 full format 28-08-2025 2025-00425359 PDF
31-12-2023 full format 18-07-2024 2024-00264621 PDF
31-12-2022 full format 25-07-2023 2023-00266922 PDF
31-12-2021 full format 13-10-2022 2022-20459238 PDF
31-12-2020 micro format 26-08-2021 2021-53900403 PDF
31-12-2019 micro format 10-06-2020 2020-15800232 PDF
31-12-2018 micro format 30-09-2019 2019-68600195 PDF
31-12-2017 micro format 17-08-2018 2018-46300467 PDF
31-12-2016 micro format 28-06-2017 2017-22900009 PDF
31-12-2015 full format 14-06-2016 2016-17600509 PDF
31-12-2014 full format 29-09-2015 2015-61500589 PDF
31-12-2013 full format 28-08-2014 2014-51100261 PDF
31-12-2012 full format 30-08-2013 2013-53800521 PDF
31-12-2011 full format 15-11-2012 2012-64100582 PDF
31-12-2010 full format 02-12-2011 2011-62900223 PDF
31-12-2009 full format 29-11-2010 2010-61700188 PDF
31-12-2008 full format 21-12-2009 2009-90600010 PDF
31-12-2007 full format 31-12-2008 2008-88100029 PDF
31-12-2006 full format 29-02-2008 2008-06000354 PDF
31-12-2005 full format 29-08-2006 2006-72304436 PDF
31-12-2004 full format 15-06-2005 2005-26503016 PDF
31-12-2003 full format 26-10-2004 2004-75403691 PDF
31-12-2002 full format 07-07-2003 2003-40702410 PDF
31-12-2001 full format 24-06-2002 2002-27304581 PDF
31-12-2000 full format 28-06-2001 2001-29502765 PDF
31-12-1999 full format 07-07-2000 2000-35500285 PDF
31-12-1998 full format 31-08-1999 1999-42904824 PDF
31-12-1997 full format 23-06-1998 1998-20704637 PDF
31-12-1996 full format 26-06-1997 1997-20801506 PDF
31-12-1995 full format 27-06-1996 1996-22501140 PDF
31-12-1994 full format 29-06-1995 1995-31503173 PDF
31-12-1993 full format 20-06-1994 1994-16802598 PDF
31-12-1992 full format 23-06-1993 1993-16103753 PDF
31-12-1991 full format 24-06-1992 1992-14304449 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172015201420132012201120102009200820072006
911,557950,438894,9451.0m974,669815,225477,360312,310239,707596,336242,433297,636242,023264,744219,578233,156220,891113,49075,337
698,342667,036643,860801,998790,740626,457301,562244,600189,990167,894141,788180,173158,580188,240146,928149,580130,96248,93222,225
3.0m511,186286,1211.7m431,3463.0m69,1746,237115,80447,0131.4m153,851462,01931,38657,113179,346354,537250,102808,641
-22,34117,658-20,075-98,69321,66989,4255,927-1,343-7,760-4,751-21,8227,11818,473-13,500--22,646-
-1.2m-956,571-2.1m-1.6m-659,195-890,927-487,145-610,657-641,583-580,930-892,763-611,551-536,612-412,731-478,602-430,163-305,773-245,144-1.2m
24.1%30.6%32.6%27.9%25.7%18.9%10.5%7.1%4.9%2.0%2.0%4.5%2.2%1.1%-2.5%-2.7%-3.2%-3.2%-0.3%
0.610.660.230.280.550.370.470.260.220.360.210.170.230.280.190.190.230.310.04
0.610.660.230.280.550.370.470.260.220.340.200.150.230.280.190.190.230.310.04
3.132.242.032.542.834.218.5213.0819.6048.8147.4421.4745.0289.61-----
1.7%10.8%13.0%24.9%31.2%30.4%34.4%28.5%-9.8%-3.0%-37.9%51.0%56.8%329.9%-----
0.4%3.3%4.2%6.9%8.0%5.7%3.6%2.0%-0.5%-0.1%-0.8%2.3%1.2%3.6%0.3%0.4%-0.3%-3.0%-4.3%
4.294.665.649.8513.5110.56-------------
-----29 days-------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date11-
full-time11-
part-time0--
in full-time equivalents11-
110.7
On a permanent contract11-
Joined480
Left471

Source: social balance sheet in the 2023 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets-€5.1m€3.4m€3.8m-
Mortgages, amount registered€880,000€880,000€880,000€880,000€880,000
€5.0m€5.0m€5.0m€5.0m€5.0m
Carrying value of the mortgaged assets€2.1m€2.1m€2.1m€2.3m€2.5m
Pledge on other assets, amount secured-€17,174---
Carrying value of the other pledged assets-€18,630--€95,400

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2.0m€511,186€264,489€244,966€430,546
Financial fixed assets€912,713-€21,632€1.5m€800
€656,848€404,732€360,942€330,894€347,004

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ARCADE

The operating result for 2025 is 53% lower than in 2024 and the lowest since 2018.

Debt's share of the balance-sheet total rises from 68.6% to 75.3%. Equity and debt are higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

We would like to set cookies. That happens only with your consent. What we measure