Arcadia Group Travel
Arcadia Group Travel is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.25M and a net result of €152k. Its solvency ranks better than 24% of 231 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.25M |
| Net result | €152k |
| Better than sector | 24% |
| Active | 2 yrs |
This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.
Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.5% | 53.5% | |
| Net result | €152k | €62k | |
| Equity | €1.25M | €4.01M | |
| Total assets | €4.40M | €8.74M |
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €152k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4.40M |
| Equity | €1.25M |
| Debt | €3.14M |
| of which ≤ 1y | €962k |
| of which > 1y | €2.17M |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 28.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 3.4% |
| ROE | 12.1% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.40M |
| Fixed assets | 21/28 | €4.14M |
| Financial fixed assets | 28 | €4.14M |
| Current assets | 29/58 | €254k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €106 |
| Cash & bank | 54/58 | €254k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.40M |
| Equity | 10/15 | €1.25M |
| Contributions / capital | 10/11 | €1.10M |
| Reserves | 13 | €152k |
| Amounts payable | 17/49 | €3.14M |
| Amounts payable after one year | 17 | €2.17M |
| Amounts payable within one year | 42/48 | €962k |
| Trade debts payable within one year | 44 | €60k |
| Income statement | ||
| Turnover | 70 | €500k |
| Operating result | 9901 | €144k |
| Financial income | 75 | €300k |
| Financial charges | 65 | €293k |
| Result before taxes | 9903 | €152k |
| Net result for the period | 9904 | €152k |
| Result to be appropriated | 9905 | €152k |
-
IshincaLegal entityDirector· perm. rep.: HERMANS Michiel Lieven AnthonyState Gazette act 26300279 (02-01-2026)Current19-12-2025 → present
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 04-06-2024 |
| Status | Active |
| Postal code | 9000 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F0829/00E000 | Flanders | 460 m² | 1 · 427 m² | 21.1 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-05-2026 General meeting · Officer appointment · Permanent representative · Power of attorney
- Filing: 2026-04-15 · HОВО
- General meeting: 2026-03-19 · HОВО
- Officer appointment: role: bestuurder, term: onbepaalde termijn, start_date: 2026-03-19 · Eerste Klas BV
- Officer appointment: role: bestuurder, term: onbepaalde termijn, start_date: 2026-03-19 · Arcadia Group Travel BV
- Permanent representative: role: vast vertegenwoordigd door · Eerste Klas BV
- Permanent representative: role: vast vertegenwoordigd door · Arcadia Group Travel BV
- Permanent representative: role: vast vertegenwoordigd door · Green Park Investment Partners BV
- Permanent representative: role: vast vertegenwoordigd door · Tamodi B.V.
- Permanent representative: role: vast vertegenwoordigd door · Mad Men BV
- Power of attorney: date: 2026-03-19, scope: neerleggings- en bekendmakingsformaliteiten, granted_by: aandeelhouders · HОВО
- Power of attorney: date: 2026-03-19, scope: neerleggings- en bekendmakingsformaliteiten, granted_by: aandeelhouders · HОВО
- Board meeting: 2026-03-19 · HОВО
- Officer appointment: role: gedelegeerd bestuurder, term: onbepaalde termijn, start_date: 2026-03-19 · Eerste Klas BV
- Power of attorney: date: 2026-03-19, scope: neerleggings- en bekendmakingsformaliteiten, granted_by: bestuurders · HОВО
- Power of attorney: date: 2026-03-19, scope: neerleggings- en bekendmakingsformaliteiten, granted_by: bestuurders · HОВО
- Permanent representative: role: vertegenwoordigd door · Ad-Ministerie BV
- Publication: 2026-05-04
- Act object: Benoeming (Gedelegeerde) Bestuurder(s) - Volmacht
- Power of attorney · HОВО
- Power of attorney · HОВО
- Power of attorney · HОВО
Technical details
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}17-04-2026 Capital increase of €350,000
Technical details
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}02-01-2026 HERMANS Michiel Lieven Anthony appointed as director
- HERMANS Michiel Lieven Anthony, Bestuurder
Technical details
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}20-06-2024 Articles of association amended
Technical details
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}06-06-2024 Incorporation of a new BV
Technical details
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}| Legal nameNL | Arcadia Group Travel |