ARCADE
ActiveSummary
ARCADE has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,840 and a net result of €7,931. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 2.9 FTE
- Equity
- €11,840
- Profit
- €7,931
Why 92raises riskEquity €11,840 (13.2% of total assets)lowers riskLiquidity: current ratio 1.13, cash €47,635Size: turnover €0, total assets €89,427Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 34% on solvency, 59% on liquidity, 72% on profitability and 95% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €22,304
Financials · financial year 2025, micro format
2025 annual accounts filed late (3 days) Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00374501.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 34% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.2% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | €0 | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €0 | €0 | - |
| Remuneration, social security and pensions62 | - | - | - | €245,876 | €204,462 | €177,593 | €158,129 | €161,770 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,864 | €8,487 | €9,398 | €7,764 | €13,009 | €6,720 | €3,981 | €2,232 | ▼ 43.9% |
| Other operating charges640/8 | - | - | - | €1,620 | €4,046 | €3,175 | €2,713 | €7,578 | ▲ 179% |
| Non-recurring operating charges66A | - | - | - | - | - | €3,921 | - | - | - |
| Gross operating margin9900 | €216,188 | €240,159 | €211,224 | €267,420 | €180,224 | €169,096 | €189,657 | €187,947 | ▼ 0.9% |
| Operating profit (loss)9901 | €36,941 | €15,939 | €22,763 | €12,161 | -€41,293 | -€22,313 | €24,833 | €16,368 | ▼ 34.1% |
| Financial income75/76B | - | - | - | €371 | €175 | €96 | €1,642 | €638 | ▼ 61.2% |
| Recurring financial income75 | €103 | €185 | €173 | €371 | €175 | €96 | €1,642 | €638 | ▼ 61.2% |
| Financial charges65/66B | - | - | - | €455 | €746 | €2,553 | €3,443 | €3,323 | ▼ 3.5% |
| Recurring financial charges65 | €621 | €709 | €1,142 | €455 | €746 | €2,553 | €3,443 | €3,323 | ▼ 3.5% |
| Profit (loss) for the period before taxes9903 | €36,423 | €15,416 | €21,794 | €12,076 | -€41,864 | -€24,770 | €23,032 | €13,682 | ▼ 40.6% |
| Income taxes67/77 | €11,945 | €9,208 | €14,468 | €10,061 | -€5,109 | €222 | €729 | €5,751 | ▲ 689% |
| Profit (loss) for the period9904 | €24,478 | €6,208 | €7,326 | €2,015 | -€36,755 | -€24,992 | €22,304 | €7,931 | ▼ 64.4% |
| Profit (loss) for the period to be appropriated9905 | €24,478 | €6,208 | €7,326 | €2,015 | -€36,755 | -€24,992 | €22,304 | €7,931 | ▼ 64.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €143,341 | €141,809 | €172,723 | €223,357 | €200,893 | €174,209 | €167,731 | €89,427 | ▼ 46.7% |
| Fixed assets21/28 | €27,998 | €25,193 | €20,903 | €14,295 | €11,376 | €6,569 | €2,993 | €2,039 | ▼ 31.9% |
| Tangible fixed assets22/27 | €27,998 | €25,193 | €20,903 | €14,295 | €11,376 | €6,569 | €2,993 | €2,039 | ▼ 31.9% |
| Plant, machinery and equipment23 | - | - | - | €67 | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €14,228 | €11,376 | €6,569 | €2,993 | €2,039 | ▼ 31.9% |
| Current assets29/58 | €115,343 | €116,615 | €151,820 | €209,062 | €189,517 | €167,640 | €164,738 | €87,388 | ▼ 47.0% |
| Amounts receivable within one year40/41 | €36,291 | €55,960 | €82,625 | €110,543 | €137,308 | €85,622 | €127,476 | €36,628 | ▼ 71.3% |
| Trade receivables40 | - | - | - | €92,654 | €117,295 | €68,591 | €106,931 | €21,232 | ▼ 80.1% |
| Other amounts receivable41 | - | - | - | €17,889 | €20,013 | €17,031 | €20,544 | €15,396 | ▼ 25.1% |
| Current investments50/53 | €2,612 | €2,612 | €2,612 | €2,612 | €2,612 | €2,612 | €2,612 | €2,612 | = |
| Cash at bank and in hand54/58 | €76,059 | €58,043 | €66,217 | €95,535 | €49,233 | €78,886 | €32,794 | €47,635 | ▲ 45.3% |
| Deferred charges and accrued income490/1 | - | - | - | €372 | €365 | €520 | €1,857 | €513 | ▼ 72.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €143,341 | €141,809 | €172,723 | €223,357 | €200,893 | €174,209 | €167,731 | €89,427 | ▼ 46.7% |
| Equity10/15 | €37,803 | €44,011 | €51,337 | €43,352 | €6,597 | -€18,395 | €3,909 | €11,840 | ▲ 203% |
| Contributions10/11 | €12,500 | €12,500 | - | €12,500 | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Contributions outside capital11 | - | - | - | €12,500 | - | - | - | - | - |
| Other1109/19 | - | - | - | €12,500 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €6,860 | €6,860 | €6,860 | €6,860 | €6,860 | €6,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €5,000 | €5,000 | €6,860 | €6,860 | €6,860 | = |
| Profit (loss) carried forward14 | €23,443 | €29,651 | €31,977 | €23,992 | -€12,763 | -€37,755 | -€15,451 | -€7,520 | ▲ 51.3% |
| Amounts payable17/49 | €105,538 | €97,798 | €121,386 | €180,005 | €194,296 | €192,604 | €163,822 | €77,587 | ▼ 52.6% |
| Amounts payable after more than one year17 | €20,205 | €22,978 | €17,092 | €11,130 | €5,091 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €11,130 | €5,091 | €0 | - | - | - |
| Amounts payable within one year42/48 | €85,333 | €74,820 | €104,294 | €168,875 | €189,205 | €192,604 | €163,322 | €77,587 | ▼ 52.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,962 | €6,039 | €5,091 | €0 | - | - |
| Trade debts44 | €4,592 | €3,209 | €8,642 | €92,227 | €122,005 | €129,534 | €92,197 | €14,974 | ▼ 83.8% |
| Suppliers440/4 | - | - | - | €92,227 | €122,005 | €129,534 | €92,197 | €14,974 | ▼ 83.8% |
| Taxes, remuneration and social security45 | - | - | - | €59,942 | €58,663 | €57,017 | €71,126 | €62,613 | ▼ 12.0% |
| Taxes450/3 | - | - | - | €30,762 | €16,830 | €25,368 | €27,108 | €19,166 | ▼ 29.3% |
| Remuneration and social security454/9 | - | - | - | €29,179 | €41,833 | €31,649 | €44,017 | €43,448 | ▼ 1.3% |
| Other amounts payable47/48 | - | - | - | €10,745 | €2,498 | €961 | €0 | €0 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €500 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,478 | €6,208 | €7,326 | €2,015 | -€36,755 | -€24,992 | €22,304 | €7,931 | ▼ 64.4% |
| + Depreciation and write-downs630 | €6,864 | €8,487 | €9,398 | €7,764 | €13,009 | €6,720 | €3,981 | €2,232 | ▼ 43.9% |
| Operating cash flow (approximation) | €31,342 | €14,695 | €16,724 | €9,778 | -€23,745 | -€18,272 | €26,285 | €10,163 | ▼ 61.3% |
| Investment in fixed assets (approximation) | - | -€5,683 | -€5,107 | -€1,156 | -€10,090 | -€1,913 | -€405 | -€1,278 | ▼ 216% |
| Change in cash | - | -€18,016 | €8,173 | €29,318 | -€46,302 | €29,653 | -€46,092 | €14,841 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-08-2026 | 2026-00374501 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00143769 |
| 31-12-2023 | micro format | 07-08-2024 | 2024-00337917 |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00352619 |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20246339 |
| 31-12-2020 | micro format | 11-06-2021 | 2021-19100409 |
| 31-12-2019 | micro format | 08-07-2020 | 2020-27500539 |
| 31-12-2018 | micro format | 26-07-2019 | 2019-38500137 |
| 31-12-2017 | micro format | 27-06-2018 | 2018-23500114 |
| 31-12-2016 | micro format | 09-06-2017 | 2017-16200179 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CAPRIOLI Laurent |
|
Owners and capital
Owners
1 ownerOwners 1
- Laurent CAPRIOLInatural personSourceown accounts 2017100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- Laurent CAPRIOLI 186 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-08-2023 Converted to unavailable equity · €14,360
- 28-08-2023 Converted to uncalled contributions · €6,100
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-09
Gazette deed
Registered officeShareholding · Registered-office move3 facts ▸
- General meeting, 20-05-2024
- Shareholding, “parts”, 186 (deed in French)
- Registered-office move, Rue d'Athus 28 à Aubange
28-08
Gazette deed
Resignation: CAPRIOLI Laurent (manager)Appointment: CAPRIOLI Laurent (director) · Capital conversion · Amendment of the articles14 facts ▸
- General meeting, 21-08-2023
- Other provision, “adaptation statuts CSA, SRL” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres apports non appelés” (deed in French)
- Other provision, “suppression compte indisponible”, 14360 (deed in French)
- Other provision, “dispense versement apports non appelés”, 6100 (deed in French)
- Amendment of the articles
- Capital
- Director resignation, CAPRIOLI Laurent (manager)
- Director appointment, CAPRIOLI Laurent (director)
- Registered office clause, “6700 Arlon Place Didier numéro 13” (deed in French)
- Other provision, “info@agencearcade.be, coordonnées société” (deed in French)
- +2 further facts in this act
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Rue d'Athus - AUBANGE 286790 Aubange2 establishment units
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 91034E0481/00P000 | Wallonia | 90 m² | 1 · 37 m² | 15.1 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’intermédiaire de commerce,courtage en immobilier,courtage en assurance et en prêt; Elle peut accomplir d’une manière générale toutes…” (deed in French)
4 activities (deed in French)
- L’intermédiaire de commerce,courtage en immobilier,courtage en assurance et en prêt.
- Elle peut accomplir d’une manière générale toutes opérations,tant en Belgique qu’à l’étranger,faire toutes opérations commerciales,industrielles,immobilières,mobilières,civiles ou financières,se rattachant directement ou indirectement à son objet social,pouvant en faciliter directement ou indirectement,entièrement ou partiellement la réalisation.
- La société peut s’intéresser par toutes voies,dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue,similaire ou connexe,ou qui soit de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l’écoulement de ses produits.
- Au cas où la prestation de certains actes serait soumise à des conditions préalables d’accès à la profession,la société subordonnera son action,en ce qui concerne la prestation de ces actes,à la réalisation de ces conditions.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ARCADE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, sièges administratifs et agences tant en Belgique qu’à l’étranger par simple décision organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 13. Pouvoirs de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata si plusieurs, organe d'administration” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision assemblée générale formes prévues modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, administrateurs en fonction si aucun autre désigné” (deed in French)