Arcadimmo
ActiveSummary
Arcadimmo has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€154,807. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 433 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-33
Solvency75▼-9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.25 in 2024; short-term debt: 43.8% and cash: 0.9% of total assets), and 50.4% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
-4.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
93 d early
2023
on the day
2022
31 d late
2021
31 d late
2020
30 d late
2019
36 d 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 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#2 company by equity in Schilde, Arts, sports and recreation sector#3 company by total assets in Schilde, Arts, sports and recreation sector#5 oldest company in Schilde, Arts, sports and recreation sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€154,807
2024 · €7,123
Working capital
-€225,902
2024 · €204,657
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€60,674▼ 61.2%€67,261▲ 10.9%€79,598▲ 18.3%€56,392▼ 29.2%-€106,413
Net result€37,370▼ 71.2%€34,333▼ 8.1%€30,909▼ 10.0%€7,123▼ 77.0%-€154,807
Equity€1.4m▲ 2.7%€1.5m▲ 2.4%€1.8m▲ 23.4%€1.8m▲ 0.4%€1.7m▼ 8.5%
Total assets€2.4m▲ 8.8%€2.5m▲ 2.1%€3.1m▲ 23.7%€3.1m▲ 1.4%€3.4m▲ 8.8%
Debt€979,545▲ 19.2%€996,950▲ 1.8%€1.2m▲ 24.1%€1.3m▲ 2.8%€1.7m▲ 33.6%
Working capital€638,128▲ 14.9%€596,012▼ 6.6%€366,130▼ 38.6%€204,657▼ 44.1%-€225,902
Staff (FTE)1.8▲ 100%2.5▲ 38.9%2.3▼ 8.0%2.8▲ 21.7%2.8=
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €106,413 after €56,392 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.4m
Fixed assets
€2.1m ▲ 2.6%
Current assets
€1.2m ▲ 21.1%
Equity and liabilities €3.4m
Equity
€1.7m ▼ 8.5%
Debt
€1.7m ▲ 33.6%
Debt's share of the balance-sheet total rises from 41.1% to 50.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€31,238▼
2024 · €148,241
Cash flow
-€79,632▼
2024 · €98,972
Current ratio
0.85▼
2024 · 1.25
Quick ratio
0.25▼
2024 · 1.18
Debt to equity
1.02▲
2024 · 0.70
ROE
-9.3%▼
2024 · 0.4%
ROA
-4.6%▼
2024 · 0.2%
Interest coverage
-0.59▼
2024 · 3.24
Debt ≤ 1 year
€1.5m▲
2024 · €827,380
Debt > 1 year
€219,178▼
2024 · €440,930
Income taxes
-€712▼
2024 · €6,724
Staff costs
€24,551▼
2024 · €214,860
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,304 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €15,580 | €27,607 | ▲ 77.2% |
| Remuneration, social security and pensions62 | €130,533 | €207,525 | €185,244 | €214,860 | €24,551 | ▼ 88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,624 | €41,148 | €86,038 | €91,848 | €75,175 | ▼ 18.2% |
| Other operating charges640/8 | €3,675 | €3,239 | €3,562 | €5,495 | €16,866 | ▲ 207% |
| Non-recurring operating charges66A | - | - | - | - | €1,750 | - |
| Gross operating margin9900 | €236,506 | €319,173 | €354,442 | €368,596 | €11,929 | ▼ 96.8% |
| Operating profit (loss)9901 | €60,674 | €67,261 | €79,598 | €56,392 | -€106,413 | ▼ 289% |
| Financial income75/76B | €14,372 | €4,099 | €3,655 | €3,150 | €3,882 | ▲ 23.2% |
| Recurring financial income75 | €14,372 | €4,099 | €3,655 | €3,150 | €3,882 | ▲ 23.2% |
| Financial charges65/66B | €18,128 | €21,087 | €33,314 | €45,696 | €52,988 | ▲ 16.0% |
| Recurring financial charges65 | €18,128 | €21,087 | €33,314 | €45,696 | €52,988 | ▲ 16.0% |
| Profit (loss) for the period before taxes9903 | €56,918 | €50,273 | €49,939 | €13,847 | -€155,518 | ▼ 1,223% |
| Income taxes67/77 | €19,548 | €15,940 | €19,030 | €6,724 | -€712 | ▼ 111% |
| Profit (loss) for the period9904 | €37,370 | €34,333 | €30,909 | €7,123 | -€154,807 | ▼ 2,273% |
| Profit (loss) for the period to be appropriated9905 | €37,370 | €34,333 | €30,909 | €7,123 | -€154,807 | ▼ 2,273% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.5m | €3.1m | €3.1m | €3.4m | ▲ 8.8% |
| Fixed assets21/28 | €1.2m | €1.2m | €2.0m | €2.1m | €2.1m | ▲ 2.6% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €2.0m | €2.1m | €2.0m | ▼ 2.9% |
| Land and buildings22 | €1.2m | €1.2m | €2.0m | €2.0m | €2.0m | ▼ 1.6% |
| Plant, machinery and equipment23 | €4,935 | €4,390 | €13,487 | €12,819 | €6,447 | ▼ 49.7% |
| Furniture and vehicles24 | - | - | €38,804 | €22,084 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | - | - | €115,000 | - |
| Current assets29/58 | €1.2m | €1.3m | €1.0m | €1.0m | €1.2m | ▲ 21.1% |
| Stocks and contracts in progress3 | €191,555 | €40,157 | €55,685 | €57,000 | €886,932 | ▲ 1,456% |
| Stocks30/36 | €191,555 | €40,157 | €55,685 | €57,000 | €886,932 | ▲ 1,456% |
| Amounts receivable within one year40/41 | €991,330 | €1.2m | €981,047 | €967,011 | €328,267 | ▼ 66.1% |
| Trade receivables40 | €218,345 | €496,569 | €386,521 | €64,546 | €284,815 | ▲ 341% |
| Other amounts receivable41 | €772,985 | €739,000 | €594,526 | €902,466 | €43,452 | ▼ 95.2% |
| Cash at bank and in hand54/58 | €1,151 | €1,928 | €384 | €396 | €30,946 | ▲ 7,714% |
| Deferred charges and accrued income490/1 | €10,360 | €9,629 | €7,591 | €7,629 | €3,487 | ▼ 54.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.5m | €3.1m | €3.1m | €3.4m | ▲ 8.8% |
| Equity10/15 | €1.4m | €1.5m | €1.8m | €1.8m | €1.7m | ▼ 8.5% |
| Contributions10/11 | €614,775 | €614,775 | €1.4m | €1.4m | €1.4m | = |
| Capital10 | €614,775 | €614,775 | €1.4m | €1.4m | €1.4m | = |
| Issued capital100 | €614,775 | €614,775 | €1.4m | €1.4m | €1.4m | = |
| Revaluation surpluses12 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €722,946 | €757,279 | €279,754 | €286,878 | €249,728 | ▼ 12.9% |
| Non-distributable reserves130/1 | €61,478 | €61,478 | €63,023 | €63,379 | €63,379 | = |
| Legal reserve130 | €61,478 | €61,478 | €63,023 | €63,379 | €63,379 | = |
| Distributable reserves133 | €661,469 | €695,801 | €216,732 | €223,498 | €186,349 | ▼ 16.6% |
| Profit (loss) carried forward14 | - | - | - | - | -€117,657 | - |
| Amounts payable17/49 | €979,545 | €996,950 | €1.2m | €1.3m | €1.7m | ▲ 33.6% |
| Amounts payable after more than one year17 | €423,277 | €304,916 | €557,203 | €440,930 | €219,178 | ▼ 50.3% |
| Financial debts170/4 | €423,277 | €304,916 | €557,203 | €440,930 | €219,178 | ▼ 50.3% |
| Amounts payable within one year42/48 | €556,267 | €691,270 | €678,576 | €827,380 | €1.5m | ▲ 78.3% |
| Current portion of amounts payable after more than one year42 | €160,179 | €168,656 | €273,864 | €335,233 | €137,470 | ▼ 59.0% |
| Financial debts43 | €160,000 | €160,000 | €300,000 | €300,000 | €0 | ▼ 100% |
| Credit institutions430/8 | €160,000 | €160,000 | €300,000 | - | - | - |
| Other loans439 | - | - | - | €300,000 | €0 | ▼ 100% |
| Trade debts44 | €46,725 | €4,600 | €9,021 | €8,016 | €51,193 | ▲ 539% |
| Suppliers440/4 | €46,725 | €4,600 | €9,021 | €8,016 | €51,193 | ▲ 539% |
| Advances received on contracts in progress46 | - | €272,075 | - | €46,445 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €51,164 | €53,287 | €40,584 | €51,133 | €113 | ▼ 99.8% |
| Taxes450/3 | €19,548 | €25,062 | €12,470 | €19,330 | €113 | ▼ 99.4% |
| Remuneration and social security454/9 | €31,616 | €28,224 | €28,113 | €31,802 | €0 | ▼ 100% |
| Other amounts payable47/48 | €138,198 | €32,653 | €55,107 | €86,553 | €1.3m | ▲ 1,387% |
| Accrued charges and deferred income492/3 | - | €764 | €1,225 | €2,945 | €3,470 | ▲ 17.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,370 | €34,333 | €30,909 | €7,123 | -€154,807 | ▼ 2,273% |
| + Depreciation and write-downs630 | €41,624 | €41,148 | €86,038 | €91,848 | €75,175 | ▼ 18.2% |
| Operating cash flow (approximation) | €78,994 | €75,481 | €116,947 | €98,972 | -€79,632 | ▼ 180% |
| Investment in fixed assets (approximation) | - | €0 | -€913,238 | -€145,893 | -€129,699 | ▲ 11.1% |
| Change in cash | - | €776 | -€1,544 | €12 | €30,550 | ▲ 248,682% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€154,807
Net result drops to -€154,807, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €129,875 ▲694%
Operating result €156,304, net result €129,875, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.18
Current ratio from 1.23 to 3.18; short-term debt falls from €844,608 to €254,721.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1998
Ground area
8,292 m²
Building footprint
548 m²
Volume, LiDAR
5,363 m³
Parcel 11041C0071/00H000, Flanders · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Arcadimmo
since 19982.085.171.188
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0071/00H000 | Flanders | 8,292 m² | 1 · 548 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.68%
According to the 2025 annual accounts of Arcadimmo and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
LDL
BE 0741.548.667
Kasterlee · Eq €1.9m
GREGORY WATHELET HORSES
BE 0895.189.937
Clavier · Eq €2.1m
HORSE OF BELGIUM
BE 0438.773.758
Leuze-en-Hainaut · Eq €1.3m
MANOIR DE LA POMMERAIE
BE 0846.013.412
Braine-l'Alleud · Eq €2.2m
PEDRO RENAULT SPORTHORSES
BE 0518.912.584
Theux · Eq €2.3m
Of 832 companies in sector 93127 we hold annual accounts for 197. 52 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
93127Equestrian clubs
01430Raising of horses and other equines
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462397218
Also
9925:BE0462397218
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.