Equity
ARCADE paid out €524,000 in dividends. That is 168% of the 2025 profit.
ARCADE paid out €524,000 in dividends. That is 168% of the 2025 profit.
Of this, €5.7m falls due within a year.
In 2025, 1 person joined and 1 left.
ARCADE pays its suppliers 18 days later than in 2024. Customers pay 14 days later.
The last five annual accounts were filed 27 to 36 days before the end of the period.
Merger with NEW Z.F.L. Merger on 08-08-2025.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Shares in 7 companies, including BARVO and GECO
Board & ownership| Company | ||||
|---|---|---|---|---|
| ARCADE Visé | €672,670 | -14.3% | 21.5% | 2.8 |
| CORDIA HOLDING Kontich | €562,559 | 45.7% | 98.5% | 2.8 |
| DECO HOLDING Ternat | €654,827 | 29.7% | 89.2% | 2.3 |
| OLEAFONTANES Gesves | €685,994 | 23.0% | 68.9% | 2 |
| VTN HOLDING BELGIUM Kontich | €827,372 | 44.0% | 20.4% | 3.6 |
| H.NCD Bruges | €615,500 | 14.9% | 76.9% | 2.9 |
| SOMATICS Sint-Martens-Latem | €978,667 | 5.7% | 41.0% | 2.8 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ARCADE: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €8.6m and €11m, founded between 2003 and 2008.
ARCADE has existed since 2008. Turnover fell from €895,022 in 2009 to €672,670 in 2025.
Turnover has fallen every year since 2021.
SOUVRÉ INVEST holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 18% of 3,042 companies in 2025.
Higher than 61% of 3,034 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and 1 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
8.9m | 9.9m | 9.7m | 10.8m | 11.0m | 9.6m | 8.9m | 8.6m | 6.4m | 6.5m | 6.6m | 6.6m | 6.6m | 6.7m | 6.6m | 6.8m | 7.3m | |
20 |
11,727 | 14,659 | 17,590 | 20,522 | 23,454 | 26,385 | 29,317 | 32,249 | 35,180 | 38,112 | 41,044 | 43,976 | 46,907 | 49,839 | 52,771 | 61,836 | - | |
21/28 |
8.7m | 9.8m | 9.4m | 10.6m | 10.7m | 8.6m | 8.7m | 8.5m | 6.3m | 6.4m | 6.4m | 6.4m | 6.3m | 6.4m | 6.4m | 6.6m | 7.0m | |
22/27 |
1.5m | 1.7m | 1.3m | 1.4m | 1.5m | 893,892 | 979,046 | 965,595 | 1.0m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 1.6m | 1.1m | |
22 |
1.4m | 1.5m | 1.1m | 1.2m | 1.3m | 646,727 | 687,679 | 728,770 | 765,862 | 806,534 | 847,206 | 887,877 | 928,549 | 968,135 | 1.0m | 1.1m | 996,851 | |
23 |
677 | 1,192 | 5,367 | 2,250 | 0 | 0 | 390 | 780 | 1,170 | 1,560 | 206 | 412 | 618 | - | - | - | - | |
24 |
14,672 | 23,437 | 9,238 | 14,201 | 16,536 | 11,584 | 14,257 | 7,336 | 7,463 | 19,333 | 26,104 | 48,074 | 58,709 | 76,781 | 63,556 | 86,884 | 114,650 | |
25 |
0 | 4,080 | 17,441 | 12,860 | 106,597 | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
71,344 | 89,181 | 107,017 | 124,853 | 142,689 | 160,525 | 178,361 | 196,197 | 214,034 | 231,870 | 249,706 | 267,542 | 285,378 | 303,214 | 321,050 | 376,200 | - | |
28 |
7.2m | 8.1m | 8.1m | 9.2m | 9.2m | 7.7m | 7.7m | 7.5m | 5.2m | 5.2m | 5.1m | 5.1m | 5.0m | 5.0m | 5.0m | 5.0m | 5.8m | |
280/1 |
7.2m | 8.1m | 8.1m | 9.2m | 9.2m | - | - | - | - | - | - | - | - | - | 5.0m | 5.0m | - | |
280 |
7.2m | 8.1m | 8.1m | 9.2m | 9.2m | - | - | - | - | - | - | - | - | - | 5.0m | 5.0m | - | |
29/58 |
177,832 | 158,461 | 274,759 | 180,638 | 205,782 | 1.0m | 159,008 | 89,551 | 109,060 | 98,668 | 216,351 | 208,182 | 298,704 | 249,420 | 225,672 | 210,310 | 343,400 | |
40/41 |
147,888 | 118,103 | 193,717 | 142,813 | 171,937 | 254,824 | 88,148 | 81,592 | 106,603 | 95,157 | 201,505 | 168,690 | 290,481 | 186,568 | 179,953 | 204,409 | 298,041 | |
40 |
97,963 | 81,706 | 133,257 | 107,232 | 96,908 | 240,510 | 2,750 | 53,062 | 70,557 | 85,430 | 119,172 | 79,767 | 143,682 | 87,590 | 81,137 | 90,501 | 119,522 | |
41 |
49,924 | 36,397 | 60,460 | 35,581 | 75,030 | 14,314 | 85,398 | 28,530 | 36,046 | 9,727 | 82,333 | 88,923 | 146,800 | 98,978 | 98,816 | 113,908 | 178,519 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
54/58 |
27,740 | 39,480 | 80,044 | 36,246 | 32,703 | 16,418 | 69,668 | 6,110 | 2,020 | 2,637 | 12,716 | 35,772 | 4,881 | 23,649 | 45,719 | 3,324 | 39,927 | |
490/1 |
2,205 | 879 | 998 | 1,580 | 1,142 | 750,645 | 1,193 | 1,849 | 437 | 874 | 2,129 | 3,720 | 3,341 | 39,202 | 0 | 2,578 | 5,432 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
8.9m | 9.9m | 9.7m | 10.8m | 11.0m | 9.6m | 8.9m | 8.6m | 6.4m | 6.5m | 6.6m | 6.6m | 6.6m | 6.7m | 6.6m | 6.8m | 7.3m | |
10/15 |
1.9m | 2.1m | 2.3m | 3.0m | 3.0m | 2.1m | 1.6m | 1.2m | 1.1m | 1.1m | 956,382 | 806,191 | 813,963 | 722,254 | 661,853 | 262,042 | 1.1m | |
10/11 |
1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.1m | 1.1m | 983,750 | 983,750 | 968,750 | 968,750 | 968,750 | 968,750 | 968,750 | 968,750 | 968,750 | 968,750 | |
10 |
1.1m | 1.1m | 1.1m | 1.1m | 1.2m | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
1.2m | 1.2m | 1.2m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | |
101 |
140,625 | 140,625 | 140,625 | 140,625 | 140,625 | 140,625 | 140,625 | 266,250 | 266,250 | 281,250 | 281,250 | 281,250 | 281,250 | 281,250 | 281,250 | 281,250 | 281,250 | |
13 |
624,577 | 154,304 | 154,304 | 154,304 | 161,200 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 92,583 | 92,583 | |
130/1 |
124,304 | 124,304 | 124,304 | 124,304 | 131,200 | 125,000 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
124,304 | 124,304 | 124,304 | 124,304 | 131,200 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 92,583 | 92,583 | |
132 |
500,273 | 30,000 | 30,000 | 30,000 | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
193,552 | 885,112 | 1.0m | 1.8m | 1.7m | 822,176 | 395,950 | 100,943 | 2,157 | -7,130 | -137,368 | -287,559 | -279,787 | -371,496 | -431,897 | -799,291 | - | |
16 |
156,758 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
156,758 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
6.8m | 7.8m | 7.4m | 7.7m | 8.0m | 7.6m | 7.2m | 7.4m | 5.3m | 5.4m | 5.7m | 5.8m | 5.8m | 5.9m | 6.0m | 6.6m | 6.2m | |
17 |
1.1m | 1.6m | 1.9m | 1.8m | 2.0m | 1.9m | 2.7m | 3.3m | 685,229 | 1.2m | 1.9m | 2.5m | 3.2m | 3.8m | 4.3m | 4.9m | 4.9m | |
170/4 |
1.1m | 1.6m | 1.9m | 1.8m | 2.0m | 1.9m | 2.7m | 3.3m | 685,229 | 1.2m | 1.9m | 2.5m | 3.2m | 3.8m | 4.3m | 4.9m | 4.9m | |
173 |
1.1m | 1.6m | 1.9m | 1.8m | 2.0m | - | - | - | - | - | - | - | - | - | 4.1m | 4.7m | - | |
174 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 189,682 | 194,000 | - | |
42/48 |
5.7m | 6.2m | 5.5m | 5.9m | 6.0m | 5.7m | 4.5m | 4.1m | 4.6m | 4.2m | 3.7m | 3.2m | 2.6m | 2.2m | 1.7m | 1.7m | 1.3m | |
42 |
167,506 | 277,149 | 242,161 | 511,851 | 523,741 | 457,968 | 451,820 | 918,279 | 1.1m | 1.0m | 694,811 | 641,826 | 610,934 | 630,966 | 579,838 | 701,926 | 410,357 | |
43 |
- | - | - | - | 500,000 | 500,000 | 500,000 | - | - | - | - | - | - | - | 0 | - | - | |
430/8 |
- | - | - | - | 500,000 | 500,000 | 500,000 | - | - | - | - | - | - | - | - | - | - | |
44 |
93,609 | 67,605 | 90,875 | 141,409 | 85,382 | 224,893 | 196,960 | 137,404 | 90,451 | 90,054 | 119,651 | 143,665 | 366,018 | 202,500 | 34,591 | 48,916 | 219,870 | |
440/4 |
93,609 | 67,605 | 90,875 | 141,409 | 85,382 | 224,893 | 196,960 | 137,404 | 90,451 | 90,054 | 119,651 | 143,665 | 366,018 | 202,500 | 34,591 | 48,916 | 219,870 | |
45 |
17,487 | 19,554 | 21,307 | 21,945 | 20,773 | 886 | 6,221 | 2,825 | 3,776 | 2,158 | 3,309 | 5,086 | 1,874 | 0 | 0 | 0 | 0 | |
450/3 |
0 | 0 | 2,557 | 0 | 886 | 886 | 6,221 | 2,825 | 3,458 | 1,997 | 3,309 | 5,022 | 1,874 | 0 | 0 | 0 | 0 | |
454/9 |
17,487 | 19,554 | 18,749 | 21,945 | 19,887 | 0 | 0 | 0 | 318 | 162 | 0 | 65 | 0 | 0 | 0 | 0 | - | |
47/48 |
5.5m | 5.8m | 5.2m | 5.2m | 4.9m | 4.5m | 3.3m | 3.1m | 3.4m | 3.1m | 2.9m | 2.4m | 1.6m | 1.3m | 1.0m | 934,169 | 656,320 | |
492/3 |
- | - | - | - | - | 0 | 7,091 | - | - | 0 | - | 12,682 | 14,729 | 17,117 | 14,473 | 20,515 | 18,121 | |
| Income statement | ||||||||||||||||||
70/76A |
817,477 | 846,484 | 930,734 | 1.1m | 1.2m | - | - | - | - | - | - | - | - | - | 959,071 | 792,652 | - | |
70 |
672,670 | 756,861 | 814,922 | 877,628 | 1.0m | 643,925 | 683,089 | 425,868 | 618,340 | 643,068 | 720,772 | 721,991 | 887,085 | 812,480 | 901,643 | 775,856 | 895,022 | |
74 |
131,970 | 89,623 | 92,510 | 195,569 | 118,617 | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
12,836 | - | 23,303 | - | 15,249 | - | - | - | 11,138 | - | - | - | - | - | 0 | - | - | |
9900 |
- | - | - | - | - | 379,184 | 217,553 | -17,228 | 279,062 | 344,102 | 285,797 | 296,312 | 435,338 | 351,112 | - | - | 203,984 | |
60/66A |
913,439 | 865,911 | 832,118 | 1.1m | 877,442 | - | - | - | - | - | - | - | - | - | 530,192 | 549,923 | - | |
60/61 |
- | - | - | - | - | 361,542 | 547,656 | 516,301 | 445,567 | 400,693 | 434,975 | 425,679 | 451,747 | 461,368 | - | - | 691,038 | |
60 |
90,485 | 100,361 | 101,889 | 95,139 | 163,442 | - | - | - | - | - | - | - | - | - | - | - | - | |
600/8 |
90,485 | 100,361 | 101,889 | 95,139 | 163,442 | - | - | - | - | - | - | - | - | - | - | - | - | |
61 |
478,152 | 483,253 | 453,646 | 623,538 | 394,812 | - | - | - | - | - | - | - | - | - | 435,019 | 449,149 | - | |
62 |
190,233 | 152,246 | 155,463 | 176,438 | 162,025 | 13,221 | 33,649 | 29,202 | 32,061 | 41,462 | 0 | 37,082 | 40,039 | 40,389 | 0 | 0 | 0 | |
630 |
125,946 | 117,374 | 107,986 | 132,953 | 131,910 | 89,607 | 84,278 | 91,784 | 93,133 | 110,828 | 103,278 | 81,688 | 92,857 | 98,590 | 90,166 | 96,011 | 50,195 | |
640/8 |
22,643 | 11,021 | 11,682 | 9,815 | 24,344 | 8,829 | 14,561 | 12,092 | 13,943 | 14,168 | 16,520 | 11,522 | 9,186 | 20,142 | 5,007 | 4,763 | 9,238 | |
66A |
5,980 | 1,656 | 1,453 | 31,165 | 909 | 398 | 1,214 | 1,091 | 300 | 2,700 | 995 | 889 | 1,165 | 1,102 | 1,859 | 963,974 | 188 | |
9901 |
-95,962 | -19,426 | 98,617 | 4,149 | 306,348 | 267,128 | 83,851 | -151,397 | 139,625 | 174,944 | 165,999 | 166,020 | 293,256 | 191,991 | 428,879 | 242,728 | 144,552 | |
75/76B |
752,338 | 500,001 | 850,093 | 678,950 | 850,119 | 922,500 | 350,204 | 351,053 | 120,984 | 100,013 | 154,456 | 50,178 | 39,345 | 140,912 | 285,351 | 269,402 | 491,229 | |
75 |
752,338 | 500,001 | 850,093 | 678,950 | 850,119 | 922,500 | 350,204 | 351,053 | 120,984 | 100,013 | 154,456 | 50,178 | 39,345 | 140,912 | 285,351 | 269,402 | 491,229 | |
750 |
750,249 | 500,001 | 850,089 | 678,950 | 850,119 | - | - | - | - | - | - | - | - | - | 285,000 | 220,000 | - | |
751 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 105 | 369 | - | |
752/9 |
2,089 | - | 4 | - | - | - | - | - | - | - | - | - | - | - | 246 | 49,033 | - | |
65/66B |
340,409 | 105,008 | 1.2m | 114,163 | 290,579 | 100,516 | 135,651 | 98,149 | 112,874 | 140,192 | 169,107 | 219,889 | 232,782 | 268,397 | 311,976 | 347,392 | 541,557 | |
65 |
114,703 | 105,008 | 123,245 | 114,163 | 290,579 | 100,516 | 135,651 | 98,149 | 112,874 | 140,192 | 169,107 | 219,889 | 232,782 | 268,397 | 311,976 | 347,392 | 541,557 | |
650 |
111,949 | 102,153 | 101,785 | 97,387 | 106,187 | - | - | - | - | - | - | - | - | - | 306,904 | 344,628 | - | |
652/9 |
2,754 | 2,855 | 21,460 | 16,776 | 184,392 | - | - | - | - | - | - | - | - | - | 5,073 | 2,764 | - | |
66B |
225,706 | - | 1.1m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
315,967 | 375,567 | -263,427 | 568,935 | 865,888 | 1.1m | 298,404 | 101,507 | 147,735 | 134,765 | 150,354 | -4,580 | 98,654 | 63,404 | 400,394 | -799,236 | 94,037 | |
67/77 |
3,628 | 3,475 | -890 | 7,647 | 32,865 | 886 | 3,397 | 2,721 | 1,461 | 4,528 | 162 | 3,192 | 5,745 | 3,002 | 583 | 55 | 1,454 | |
670/3 |
21,840 | 21,213 | 2,557 | 26,894 | 40,000 | - | - | - | - | - | - | - | - | - | 2,037 | 55 | - | |
77 |
18,212 | 17,738 | 3,447 | 19,247 | 7,135 | - | - | - | - | - | - | - | - | - | 1,454 | - | - | |
9904 |
312,340 | 372,092 | -262,537 | 561,288 | 833,023 | 1.1m | 295,007 | 98,786 | 146,274 | 130,237 | 150,191 | -7,772 | 92,909 | 60,401 | 399,811 | -799,291 | 92,583 | |
689 |
479,900 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
-167,560 | 372,092 | -262,537 | 561,288 | 833,023 | 1.1m | 295,007 | 98,786 | 146,274 | 130,237 | 150,191 | -7,772 | 92,909 | 60,401 | 399,811 | -799,291 | 92,583 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
717,552 | 1.4m | 1.5m | 2.2m | 2.2m | 1.5m | 395,950 | 100,943 | 139,143 | -7,130 | -137,368 | -287,559 | -279,787 | -371,496 | -399,480 | -799,291 | 92,583 | |
14P |
885,112 | 1.0m | 1.8m | 1.7m | 1.4m | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,417 | - | 92,583 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,417 | - | 92,583 | |
694/7 |
524,000 | 536,500 | 464,000 | 440,500 | 584,500 | 662,000 | - | - | 136,986 | - | - | - | - | - | - | - | - | |
694 |
524,000 | 536,500 | 464,000 | 440,500 | 584,500 | 662,000 | - | - | 136,986 | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
2.8 | 2.1 | 2.2 | 2.2 | 3 | - | - | - | - | - | - | - | - | - | - | - | - | |
Women (FTE)1003 |
2.4 | 2 | 2.1 | 2.1 | 2.9 | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
4,438 | 3,551 | 3,671 | 4,169 | 5,182 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 61 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 25-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 25-06-2026 | 2026-00204432 | |
| 31-12-2024 | full format | 04-07-2025 | 2025-00238339 | |
| 31-12-2023 | full format | 28-06-2024 | 2024-00198467 | |
| 31-12-2022 | full format | 30-06-2023 | 2023-00198081 | |
| 31-12-2021 | full format | 30-06-2022 | 2022-20126917 | |
| 31-12-2020 | full format | 21-06-2021 | 2021-22400234 | |
| 31-12-2019 | full format | 08-07-2020 | 2020-27800159 | |
| 31-12-2018 | full format | 18-06-2019 | 2019-19600410 | |
| 31-12-2017 | full format | 14-06-2018 | 2018-19100026 | |
| 31-12-2016 | full format | 19-06-2017 | 2017-19100098 | |
| 31-12-2015 | full format | 12-07-2016 | 2016-30500504 | |
| 31-12-2014 | full format | 30-07-2015 | 2015-37300343 | |
| 31-12-2013 | full format | 08-07-2014 | 2014-28600410 | |
| 31-12-2012 | full format | 08-08-2013 | 2013-41200345 | |
| 31-12-2011 | full format | 01-03-2013 | 2013-05500265 | |
| 31-12-2010 | consolidated | 28-03-2012 | 2012-07400577 | |
| 31-12-2010 | full format | 29-08-2011 | 2011-46900422 | |
| 31-12-2009 | consolidated | 27-01-2011 | 2011-01900182 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-50200129 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 496,986 | 4,260 | 6,923 | 724,996 | 1,522 | 263,238 | 2.3m | 0 | 92,419 | 137,032 | 129,409 | 14,224 | 103,024 | 25,621 | 740,235 | 7.0m | ||
| -11,740 | -40,564 | 43,798 | 3,543 | 16,285 | -53,250 | 63,557 | 4,090 | -617 | -10,079 | -23,056 | 30,891 | -18,768 | -22,070 | 42,395 | -36,603 | - | ||
| -14.3% | -2.6% | 12.1% | 0.5% | 29.2% | 41.5% | 12.3% | -35.6% | 22.6% | 27.2% | 23.0% | 23.0% | 33.1% | 23.6% | 47.6% | 31.3% | 16.2% | ||
| 21.5% | 21.6% | 23.8% | 28.2% | 27.2% | 21.4% | 18.4% | 14.0% | 17.3% | 16.7% | 14.4% | 12.2% | 12.3% | 10.8% | 10.0% | 3.8% | 14.5% | ||
| 16.3% | 17.4% | -11.4% | 18.5% | 27.9% | 52.9% | 18.1% | 8.2% | 13.2% | 12.0% | 15.7% | -1.0% | 11.4% | 8.4% | 60.4% | -305.0% | 8.7% | ||
| 3.5% | 3.7% | -2.7% | 5.2% | 7.6% | 11.3% | 3.3% | 1.1% | 2.3% | 2.0% | 2.3% | -0.1% | 1.4% | 0.9% | 6.0% | -11.7% | 1.3% |
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.
Total €814,922
Source: 2023 accounts, page 25, filing 2024-00198467
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 2 | 3 | 5 |
| full-time | 2 | 3 | 2 | 2 | 3 |
| part-time | 1 | - | - | 1 | 2 |
| in full-time equivalents | 2.8 | 3 | 2 | 2.1 | 3.4 |
| 2.4 | 2 | 2.1 | 2.1 | 2.9 | |
| On a permanent contract | 3 | 2 | 2 | 3 | 4 |
| Joined | 1 | 1 | 0 | 0 | 2 |
| Left | 1 | 1 | 1 | 1 | 0 |
| Training hours | - | - | 40 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | - | - | €0 | - |
| Mortgages, amount registered | €1.8m | €1.8m | €1.5m | - | - |
| Carrying value of the mortgaged assets | €1.4m | €1.5m | €1.1m | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €0 | €496,986 | €4,260 | €6,923 | €724,996 |
| €125,946 | €117,374 | €107,986 | €132,953 | €131,910 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €95,962, larger than the loss of €19,426 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total falls from 78.4% to 76.7%. Equity and debt are lower.
Older annual accounts also name 3 natural persons.
Source: shareholder structure in its own accounts
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Part of the group SOUVRÉ INVEST Group, risk and exposureSource for every holding own accounts 2025
| Name | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BARVO | 100% | 99% | 100% | ||||||||||||||
| GECO | 100% | ||||||||||||||||
| GEKEL | 99% | 100% | 99% | 100% | |||||||||||||
| GEMA | 99% | 100% | 99% | 100% | |||||||||||||
| GEWAL | 99% | 100% | 99% | 100% | |||||||||||||
| VISE SHOPPING CENTER | via 99% | 100% | |||||||||||||||
| OULIMA | 99% | 100% | 21% | 100% | listed | ||||||||||||
| NEW Z.F.L. | 99% | 100% | 99% | 100% | |||||||||||||
| G.T.M. | 99% | 100% | 99% | 100% | |||||||||||||
| VIANFRAIS | 99% | 99% | 100% | ||||||||||||||
| CARADE | 99.9% | ||||||||||||||||
| C.G.C. CONSULT | 99% | ||||||||||||||||
| C.T. Management | 99% | ||||||||||||||||
Source: list of holdings in its own accounts
The network starts from the directors of ARCADE. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Porte de Souvré 46 registered office 4600 Visé | 10-01-2008 | 2.168.509.927 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62108C0751/02Y002 | 406 m² | 1 · 358 m² | 11.2 m · 3 |
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