ARCADES RED

Active

Private limited companyfounded 2018active for 8 yearsRue Auguste Nève 25, 4052 Chaudfontaine, BelgiumKBO/BCE: BE 0702.988.890

Summary

ARCADES RED has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,487) and a net result of -€126,084. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

ARCADES REDActiveChecked score 53/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

5th largest company by total assets in Chaudfontaine, Real estate sector1 site

Size

€7.8mtotal assets 2025

Equity: -€4,487
Loss: -€126,084

Turnover not published (micro format)Total assets +65%: merger

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Largest shareholder: TERCADES · 25%
Holdings: 2

2025 accounts filed 6 days late2 of 4 deeds summarised

Why 53raises riskCapped at 59: negative equityNegative equity -€4,487Liquidity: current ratio 1.34, cash €207,700lowers riskSize: total assets €7.8mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 11% of its sector peers (NACE 68, small)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 25-3

equity -0.1% of total assets

Liquidity 21-1

short-term debt 61.5% · cash 2.7%

Profitability 17-15

return on assets -1.6%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,986 companies, NACE 68, small)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

No credit on open account

Liquidity tight (current ratio 1.34, compared with 1.73 in 2024, below the usual 1.5; short-term debt: 61.5% and cash: 2.7% of total assets), and equity is negative.

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, small): better than 14% on solvency, 16% on liquidity, 10% on profitability and 4% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.

lowers riskraises riskneutral

Size: total assets €7.8m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Negative equity -€4,487

NBB · annual accounts

Liquidity: current ratio 1.34, cash €207,700

NBB · annual accounts

Sector: Real estate activities (NACE 68)

KBO

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€4,487

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 7 filings

Deviation from the deadline

2025

6 days late

2024

on the day

2023

1 day early

2022

20 days early

2021

21 days late

2020

31 days early

2019

30 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 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)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-08-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Weakest financial yearnet -€126,084
08-08-2025 Capital & shares · RestructuringMerger · Shareholding · Share…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€4,487 View
Risk: 3 loss-making years in a rowloss financial year 2025 -€126,084 View
Caution: Among the weakest 5% on net resultsector median €6,030 · 17,047 companies -€126,084 View
Merger with TISSERANDS DEVELOPMENTmerger on 01-01-2025 2025 View

By topic

Financials

Financial year: 2025
Total assets: €7.8m
Loss: -€126,084
Solvency: -0.1%

Total assets▲ 65.0%

Net result

20192025

Go to Financials

Board & ownership

Largest shareholder: TERCADES · 25%

Go to Board & ownership

Network & group

Subsidiaries: 1
Direct holdings: 2
Mergers and asset contributions: 1

2 holdings

Go to Network & group

Timeline

Events: 13
Since: 2020
Next accounts: by 31-07-2027

31-07-2025Annual accounts filed
31-03-2025Restructuring
30-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Development of residential building projectsNACE 68121
Founded: 10-09-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 9

See the provisions in the deeds

Go to Articles of association

Key facts about ARCADES RED

What is the company number of ARCADES RED?: 0702.988.890. In Belgium the VAT number is the company number with BE in front: BE 0702.988.890.
Where is ARCADES RED based?: The registered office is at Rue Auguste Nève 25, 4052 Chaudfontaine.Company details
What does ARCADES RED do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of ARCADES RED?: Private limited company (BV).
When was ARCADES RED founded?: On 10-09-2018.
Is ARCADES RED still active?: Yes, ARCADES RED is an active enterprise in the KBO register.
What is the turnover of ARCADES RED?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ARCADES RED profitable?: In financial year 2025, ARCADES RED made a loss of €126,084.
Where can I find the annual accounts of ARCADES RED?: ARCADES RED filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARCADES RED due?: By 31-07-2027, for financial year 2026.Timeline