ARCADE
ActiveSummary
ARCADE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,573 and a net result of €81,358. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency44▼-18
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.55 in 2024; short-term debt: 80.6% and cash: 47.8% of total assets), and 80.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
19.4%
Return on assets
48.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31840 sector peers (2025).
NBB · sector comparisonPosition among 31840 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
26 d early
2024
11 d early
2023
33 d early
2022
34 d early
2021
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€32,573▼ 50.8%
2024 · €66,215
Total assets
€167,812▼ 6.0%
2024 · €178,498
Net result
€81,358▲ 67.6%
2024 · €48,531
Working capital
€21,626▼ 65.2%
2024 · €62,162
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€51,452-€45,402▼ 11.8%€45,248▼ 0.3%€62,678▲ 38.5%€104,237▲ 66.3%
Net result€45,740-€35,226▼ 23.0%€33,717▼ 4.3%€48,531▲ 43.9%€81,358▲ 67.6%
Equity€48,740-€83,967▲ 72.3%€117,684▲ 40.2%€66,215▼ 43.7%€32,573▼ 50.8%
Total assets€72,932-€103,316▲ 41.7%€136,076▲ 31.7%€178,498▲ 31.2%€167,812▼ 6.0%
Debt€24,192-€19,349▼ 20.0%€18,392▼ 4.9%€112,283▲ 510%€135,239▲ 20.4%
Working capital€48,690-€83,917▲ 72.3%€117,359▲ 39.9%€62,162▼ 47.0%€21,626▼ 65.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167,812
Fixed assets
€10,947 ▲ 170%
Current assets
€156,865 ▼ 10.1%
Equity and liabilities €167,812
Equity
€32,573 ▼ 50.8%
Debt
€135,239 ▲ 20.4%
Debt's share of the balance-sheet total rises from 62.9% to 80.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€107,224▲
2024 · €63,728
Cash flow
€84,345▲
2024 · €49,582
Current ratio
1.16▼
2024 · 1.55
Debt to equity
4.15▲
2024 · 1.70
ROE
249.8%▲
2024 · 73.3%
ROA
48.5%▲
2024 · 27.2%
Interest coverage
397.52▲
2024 · 169.35
Debt ≤ 1 year
€135,239▲
2024 · €112,283
Income taxes
€22,817▲
2024 · €13,770
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €1,051 | €2,987 | ▲ 184% |
| Other operating charges640/8 | - | €1,183 | €1,411 | €2,013 | €1,933 | ▼ 4.0% |
| Gross operating margin9900 | €56,619 | €46,585 | €46,659 | €65,741 | €109,157 | ▲ 66.0% |
| Operating profit (loss)9901 | €51,452 | €45,402 | €45,248 | €62,678 | €104,237 | ▲ 66.3% |
| Financial income75/76B | - | - | - | €0 | €208 | ▲ 2,076,500% |
| Recurring financial income75 | - | - | - | €0 | €208 | ▲ 2,076,500% |
| Financial charges65/66B | - | €597 | €429 | €376 | €270 | ▼ 28.3% |
| Recurring financial charges65 | €359 | €597 | €429 | €376 | €270 | ▼ 28.3% |
| Profit (loss) for the period before taxes9903 | €59,979 | €44,806 | €44,819 | €62,301 | €104,175 | ▲ 67.2% |
| Income taxes67/77 | €14,239 | €9,579 | €11,101 | €13,770 | €22,817 | ▲ 65.7% |
| Profit (loss) for the period9904 | €45,740 | €35,226 | €33,717 | €48,531 | €81,358 | ▲ 67.6% |
| Profit (loss) for the period to be appropriated9905 | €45,740 | €35,226 | €33,717 | €48,531 | €81,358 | ▲ 67.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72,932 | €103,316 | €136,076 | €178,498 | €167,812 | ▼ 6.0% |
| Fixed assets21/28 | €50 | €50 | €325 | €4,052 | €10,947 | ▲ 170% |
| Tangible fixed assets22/27 | - | - | - | €3,727 | €10,622 | ▲ 185% |
| Furniture and vehicles24 | - | - | - | €3,727 | €10,622 | ▲ 185% |
| Financial fixed assets28 | €50 | €50 | €325 | €325 | €325 | = |
| Current assets29/58 | €72,882 | €103,266 | €135,751 | €174,446 | €156,865 | ▼ 10.1% |
| Amounts receivable within one year40/41 | €183 | €2,507 | €19,367 | €38,692 | €72,708 | ▲ 87.9% |
| Trade receivables40 | - | €2,500 | €19,360 | €27,860 | €12,800 | ▼ 54.1% |
| Other amounts receivable41 | - | €7 | €7 | €10,832 | €59,908 | ▲ 453% |
| Cash at bank and in hand54/58 | €72,699 | €97,311 | €112,525 | €131,788 | €80,157 | ▼ 39.2% |
| Deferred charges and accrued income490/1 | - | €3,448 | €3,859 | €3,966 | €4,000 | ▲ 0.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72,932 | €103,316 | €136,076 | €178,498 | €167,812 | ▼ 6.0% |
| Equity10/15 | €48,740 | €83,967 | €117,684 | €66,215 | €32,573 | ▼ 50.8% |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | - | - | €10,000 | €10,000 | €10,000 | = |
| Distributable reserves133 | - | - | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €45,740 | €80,967 | €104,684 | €53,215 | €19,573 | ▼ 63.2% |
| Amounts payable17/49 | €24,192 | €19,349 | €18,392 | €112,283 | €135,239 | ▲ 20.4% |
| Amounts payable within one year42/48 | €24,192 | €19,349 | €18,392 | €112,283 | €135,239 | ▲ 20.4% |
| Trade debts44 | €89 | €27 | - | €195 | €23 | ▼ 88.3% |
| Suppliers440/4 | - | €27 | - | €195 | €23 | ▼ 88.3% |
| Taxes, remuneration and social security45 | - | €18,621 | €17,691 | €11,387 | €19,515 | ▲ 71.4% |
| Taxes450/3 | - | €18,621 | €17,691 | €11,387 | €19,515 | ▲ 71.4% |
| Other amounts payable47/48 | - | €701 | €701 | €100,701 | €115,701 | ▲ 14.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,740 | €35,226 | €33,717 | €48,531 | €81,358 | ▲ 67.6% |
| + Depreciation and write-downs630 | - | - | - | €1,051 | €2,987 | ▲ 184% |
| Operating cash flow (approximation) | €45,740 | €35,226 | €33,717 | €49,582 | €84,345 | ▲ 70.1% |
| Investment in fixed assets (approximation) | - | €0 | -€275 | -€4,778 | -€9,881 | ▼ 107% |
| Change in cash | - | €24,612 | €15,214 | €19,263 | -€51,631 | ▼ 368% |
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
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2021net €81,358 ▲67.6%
Operating result €104,237, net result €81,358, both a record.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €33,717 ▼4.3%
Net result drops to €33,717, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €100,000Eq €117,684 ▲40.2%
3 profitable years in a row build equity to €117,684.
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2020
Ground area
5,324 m²
Building footprint
4,860 m²
Volume, LiDAR
28,398 m³
Parcel 44807G0697/00W002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
ARCADE
since 20202.303.309.936
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0697/00W002 | Flanders | 5,323 m² | 1 · 4,860 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Heindrichs Consulting
BE 1001.809.862
Jalhay · Eq €32,571
All Terrain Progress Control
BE 0801.076.775
Tournai · Eq €32,570
Xavier Baudoin Management
BE 1009.694.378
Andenne · Eq €32,579
EUROPEAN CENTRE FOR STRATEGIC ANALYSES
BE 0457.024.210
Edegem · Eq €32,567
ASTROX
BE 0802.563.647
Brussel · Eq €32,566
Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 35,062 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
Founded05-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.