ARCADE ENGINEERING
InactiveFrom the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette
Overview
Official details
KBO- Status
- Inactive
- Activity
- No activity registered in the KBO
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
How it is doing
Inactive: no score
Annual accounts to 30-06-2023
- Gross margin
- €1.5m
- ▲ 11.9%
- Turnover
- ≈ €2.5m
- estimated
- Profit
- €114,596
- ▼ 18.2%
- Equity
- €266,210
- ▲ 5.8%
- Total assets
- €1.1m
- ▼ 9.1%
- Staff
- 15.6 FTE
- ▲ 2.6%
Filed on 18-12-2023PDF
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 year end31-01-2025 deadline01-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 18-12-2023, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
44 days early
2022
on the day
2021
on the day
2020
52 days early
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Financials · financial year 2023, abbreviated format
Latest annual accounts filed
Annual accounts 2023
- Financial year ended
- 30-06-2023
- Filed on
- 18-12-2023
- Format
- abbreviated format
- Reference
- 2023-00530259
Turnover
≈ €2.5m
Estimated: probably between €1.7m and €4.2m
Total assets
€1.1m▼ 9.1%
2022 · €1.2m
Net result
€114,596▼ 18.2%
2022 · €140,117
Working capital
€250,722▲ 8.0%
2022 · €232,205
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result falls in 2023; 2023 is 16% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2023
Net result€0.1m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m
2023
Equity€0.3m
2023
Debt€0.9m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)15.6
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result€0.05m-€0.08m▲ 51.4%€0.09m▲ 20.7%€0.2m▲ 131%€0.2m▼ 16.2%
Net result€0.02m-€0.04m▲ 165%€0.05m▲ 7.1%€0.1m▲ 197%€0.1m▼ 18.2%
Equity€0.02m-€0.06m▲ 217%€0.1m▲ 73.4%€0.3m▲ 126%€0.3m▲ 5.8%
Total assets€0.7m-€1.2m▲ 82.0%€1.0m▼ 21.8%€1.2m▲ 29.9%€1.1m▼ 9.1%
Debt€0.7m-€1.2m▲ 77.8%€0.8m▼ 27.1%€1.0m▲ 17.4%€0.9m▼ 12.8%
Working capital€0.2m-€0.2m▲ 5.1%€0.2m▲ 22.3%€0.2m▲ 17.5%€0.3m▲ 8.0%
Staff (FTE)15.7-15.9▲ 1.3%16.3▲ 2.5%15.2▼ 6.7%15.6▲ 2.6%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.1m
Fixed assets
€91,874 ▼ 24.3%
Current assets
€1.0m ▼ 7.4%
Equity and liabilities €1.1m
Equity
€266,210 ▲ 5.8%
Debt
€868,394 ▼ 12.8%
Debt's share of the balance-sheet total falls from 79.8% to 76.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€217,977▼
2022 · €250,989
Cash flow
€148,937▼
2022 · €171,949
Current ratio
1.32▲
2022 · 1.26
Debt to equity
3.26▼
2022 · 3.96
ROE
43.0%▼
2022 · 55.7%
ROA
10.1%▼
2022 · 11.2%
Interest coverage
16.19▼
2022 · 18.50
Debt ≤ 1 year
€792,007▼
2022 · €894,057
Debt > 1 year
€54,187▼
2022 · €76,139
Income taxes
€55,576▼
2022 · €65,471
Staff costs
€1.2m▲
2022 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1.1m | €1.2m | ▲ 18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 7.9% |
| Other operating charges640/8 | - | - | - | €0.006m | €0.005m | ▼ 16.2% |
| Gross operating margin9900 | €1.2m | €1.2m | €1.3m | €1.3m | €1.5m | ▲ 11.9% |
| Operating profit (loss)9901 | €0.05m | €0.08m | €0.09m | €0.2m | €0.2m | ▼ 16.2% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | €13 | €3 | - | €0 | - | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | ▼ 0.8% |
| Recurring financial charges65 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 0.8% |
| Profit (loss) for the period before taxes9903 | €0.04m | €0.07m | €0.08m | €0.2m | €0.2m | ▼ 17.2% |
| Income taxes67/77 | €0.02m | €0.02m | €0.03m | €0.07m | €0.06m | ▼ 15.1% |
| Profit (loss) for the period9904 | €0.02m | €0.04m | €0.05m | €0.1m | €0.1m | ▼ 18.2% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.04m | €0.05m | €0.1m | €0.1m | ▼ 18.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.7m | €1.2m | €1.0m | €1.2m | €1.1m | ▼ 9.1% |
| Fixed assets21/28 | €0.05m | €0.2m | €0.2m | €0.1m | €0.09m | ▼ 24.3% |
| Intangible fixed assets21 | €0.02m | €0.01m | €0.006m | €0.002m | - | - |
| Tangible fixed assets22/27 | €0.03m | €0.2m | €0.1m | €0.1m | €0.09m | ▼ 23.3% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.006m | ▲ 153% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.02m | ▼ 56.9% |
| Other tangible fixed assets26 | - | - | - | €0.08m | €0.07m | ▼ 13.5% |
| Financial fixed assets28 | €0.003m | - | - | - | - | - |
| Current assets29/58 | €0.6m | €1.0m | €0.8m | €1.1m | €1.0m | ▼ 7.4% |
| Amounts receivable within one year40/41 | €0.5m | €0.8m | €0.6m | €0.9m | €0.5m | ▼ 49.6% |
| Trade receivables40 | - | - | - | €0.9m | €0.3m | ▼ 63.4% |
| Other amounts receivable41 | - | - | - | €0.009m | €0.1m | ▲ 15× |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.2m | €0.2m | €0.6m | ▲ 221% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | ▼ 36.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.7m | €1.2m | €1.0m | €1.2m | €1.1m | ▼ 9.1% |
| Equity10/15 | €0.02m | €0.06m | €0.1m | €0.3m | €0.3m | ▲ 5.8% |
| Contributions10/11 | €0.09m | - | - | €0.09m | €0.09m | = |
| Reserves13 | €329 | - | €0.03m | €0.2m | €0.2m | ▲ 8.8% |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | ▲ 8.8% |
| Profit (loss) carried forward14 | -€0.07m | -€0.02m | - | - | - | - |
| Amounts payable17/49 | €0.7m | €1.2m | €0.8m | €1.0m | €0.9m | ▼ 12.8% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.08m | €0.05m | ▼ 28.8% |
| Financial debts170/4 | - | - | - | €0.08m | €0.05m | ▼ 28.8% |
| Amounts payable within one year42/48 | €0.5m | €0.9m | €0.6m | €0.9m | €0.8m | ▼ 11.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.09m | ▼ 45.2% |
| Trade debts44 | €0.2m | €0.5m | €0.2m | €0.4m | €0.2m | ▼ 43.8% |
| Suppliers440/4 | - | - | - | €0.4m | €0.2m | ▼ 43.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.4m | ▲ 63.9% |
| Taxes450/3 | - | - | - | €0.1m | €0.2m | ▲ 72.6% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | ▲ 51.4% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | ▼ 15.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.02m | ▼ 14.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,623 | €44,042 | €47,183 | €140,117 | €114,596 | ▼ 18.2% |
| + Depreciation and write-downs630 | €32,447 | €31,183 | €33,615 | €31,832 | €34,341 | ▲ 7.9% |
| Operating cash flow (approximation) | €49,070 | €75,225 | €80,797 | €171,949 | €148,937 | ▼ 13.4% |
| Investment in fixed assets (approximation) | - | -€161,560 | -€1,845 | €0 | -€4,788 | - |
| Change in cash | - | €112,370 | -€30,155 | -€10,946 | €385,315 | - |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2023 | abbreviated format | 18-12-2023 | 2023-00530259 | |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00019063 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-03300372 | |
| 30-06-2020 | abbreviated format | 10-12-2020 | 2020-75100523 | |
| 30-06-2019 | abbreviated format | 30-01-2020 | 2020-03300341 | |
| 30-06-2018 | abbreviated format | 14-01-2019 | 2019-01600522 | |
| 30-06-2017 | abbreviated format | 19-12-2017 | 2017-72700176 | |
| 30-06-2016 | abbreviated format | 17-01-2017 | 2017-01600129 | |
| 30-06-2015 | abbreviated format | 19-01-2016 | 2016-02400384 | |
| 30-06-2014 | abbreviated format | 16-01-2015 | 2015-01600354 |
Subsidies and aid
Flemish government
2022 to 2024 · 4 entries · €142,435 awarded · €555 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 2 | €0 | €0 |
| 2023 | 1 | €141,880 | €0 |
| 2022 | 1 | €555 | €555 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
5 people, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Census 29 |
|
| Gorlé Robert |
|
| Spaas Patrick |
|
| Sophie Gorlé |
|
| Tom Develter |
|
Owners and capital
Capital and shareholders
Capital over the years
- 16-01-2024 Capital stated in the deed · €86,200 · 100 shares
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Griffie van de Ondernemingsrechtbank van elk der betrokken vennootschappen, Neerlegging fusievoorstel”1 more provision in the deed, see the deed of 16-01-2024
Articles of association, deed of 16-01-2024 (in Dutch)
Group and network
Connections & network
See the function holders in the KBO register.
Acquisitions and mergers
1 transactionTaken over by:Arcade Logistiek en Industrie
Acts, filings and financial milestones
2024
05-04
Gazette deed
Resignations & appointments · RestructuringResignations: Census 29, Gorlé Robert and Spaas Patrick · Permanent representatives: Johan Jacobs, Kris Boilen and 4 others · Merger33 facts ▸
Gazette deed
Resignations & appointments · Restructuring
Resignations: Census 29, Gorlé Robert and Spaas Patrick · Permanent representatives: Johan Jacobs, Kris Boilen and 4 others · Merger33 facts ▸
- General meeting, “algemene vergadering van aandeelhouders” (deed in Dutch)
- Merger, “met fusie door overneming gelijkgestelde verrichting, bestuursorgaan van de Overnemende Vennootschap en van de Over te Nemen Vennootschap” (deed in Dutch)
- Other provision, “kennisname en terbeschikkingstelling fusievoorstel, zetel” (deed in Dutch)
- Other provision, “zetel van de Vennootschap, ontvangst kopie fusievoorstel en inzagemogelijkheid stukken” (deed in Dutch)
- Other provision, “afschrift stukken artikel 12:51, §2 en kennisname, dossier notaris” (deed in Dutch)
- Other provision, “geen tussentijdse cijfers, artikel 12:51 §2 in fine van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Merger, “met fusie door overneming gelijkgestelde verrichting, gehele vermogen zonder uitzondering noch voorbehoud onder algemene titel” (deed in Dutch)
- Other provision, “onder algemene titel zonder uitzondering en zonder voorbehoud, andere bestanddelen overgenomen vermogen” (deed in Dutch)
- Other provision, “optierechten in overgenomen vermogen, huurcontracten,leasingcontracten,erfpacht,opstal,briefwisseling,contracten ut singuli” (deed in Dutch)
- Other provision, “handels- en andere huurovereenkomsten lange of korte termijn inclusief huurwaarborgen als huurder of verhuurder, huurovereenkomsten en intellectuele rechten” (deed in Dutch)
- Other provision, “lopende overeenkomsten inclusief werknemers, onverkort met alle rechten en plichten” (deed in Dutch)
- Custody of records, “archief met alle wettelijk te houden en bewaren boeken en bescheiden, vanaf heden” (deed in Dutch)
- +21 further facts in this act
16-01
Gazette deed
RestructuringPermanent representatives: Arnaud Serrien, Johan Jacobs and 5 others · Merger · Registered office clause26 facts ▸
Gazette deed
Restructuring
Permanent representatives: Arnaud Serrien, Johan Jacobs and 5 others · Merger · Registered office clause26 facts ▸
- Merger, “fusie door overneming, fusie door overneming gelijkgestelde verrichting” (deed in Dutch) (2 times)
- Registered office clause, “ARCADE LOGISTIEK EN INDUSTRIE” (deed in Dutch)
- Incorporation, 18-03-2014
- Amendment of the articles
- Board composition, Gorlé Robert (director) (3 times)
- Board composition, Sophie Gorlé (director) (2 times)
- Board composition, Patrick Spaas (director) (3 times)
- Board composition, Census 29 BV (director) (3 times)
- Permanent representative, Arnaud Serrien (3 times)
- Capital, €18,600
- Capital, €120,000
- Capital, €86,200
- +14 further facts in this act
2023
18-12
financial year 2023 · abbreviated format
09-05
Gazette deed
Resignation: Sophie Gorlé (director)Permanent representatives: Johan Jacobs, Kris Bollen and 4 others8 facts ▸
Gazette deed
Resignation: Sophie Gorlé (director)
Permanent representatives: Johan Jacobs, Kris Bollen and 4 others8 facts ▸
- General meeting, 31-12-2022
- Director resignation, Sophie Gorlé (director)
- Permanent representative, Johan Jacobs (managing director)
- Permanent representative, Kris Bollen (managing director)
- Permanent representative, Sylvie van Mol (director)
- Permanent representative, Greet Slegers (director)
- Permanent representative, Peter Rymenants (director)
- Permanent representative, Koen Rymenants (director)
31-01
financial year 2022 · abbreviated format
2022
30-06
Financial
Highest result from 2019 to 2023net €140,117 ▲197%
Operating result €219,157, net result €140,117, both a record.
30-06
Financial
Equity above €200,000equity €251,613 ▲126%
A profit in every financial year since 2019 builds equity to €251,613.
15-06
Gazette deed
Resignation: Tom Develter (director)Appointment: Sophie Gorlé (director) · Permanent representatives: Johan Jacobs, Kris Bollen and 2 others7 facts ▸
Gazette deed
Resignation: Tom Develter (director)
Appointment: Sophie Gorlé (director) · Permanent representatives: Johan Jacobs, Kris Bollen and 2 others7 facts ▸
- General meeting, 04-05-2022
- Director resignation, Tom Develter (director)
- Director appointment, Sophie Gorlé (director)
- Permanent representative, Johan Jacobs (managing director)
- Permanent representative, Kris Bollen (managing director)
- Permanent representative, Sylvie van Mol (director)
- Permanent representative, Greet Slegers (director)
31-01
financial year 2021 · abbreviated format
2021
30-06
Financial
Equity above €100,000equity €111,497 ▲73.4%
A profit in every financial year since 2019 builds equity to €111,497.
2020
Show earlier events
2019
14-01
financial year 2018 · abbreviated format
2017
2016
19-01
financial year 2015 · abbreviated format
2015
16-01
financial year 2014 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Inactive
Inactive
ARCADE ENGINEERING is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 30 June 2023
- Last registered office
- Trichterheideweg 2, 3500 Hasseltas published on 5 April 2024
- Legal form
- Private limited company
- First annual accounts
- financial year 2009