ARCANDE
ActiveThe annual accounts of ARCANDE for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-26k. Equity is shrinking by ~16.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 15% of 7331 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+49
Solvency31▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.74 against 0.74 in 2024; short-term debt: 94.1% and cash: 7.2% of total assets), and 94.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.9%
Return on assets
-13%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-26k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7331 sector peers (2025).
NBB · sector comparisonPosition among 7331 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
58 d early
2023
58 d early
2022
54 d early
2021
33 d early
2020
58 d early
2019
28 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 68.7%
2024 · €38k
2018: €147k
2019: €105k
2020: €98k
2021: €108k
2022: €109k
2023: €62k
2024: €38k
2018 → 2025
Total assets
€200k▼ 4.9%
2024 · €210k
2018: €449k
2019: €267k
2020: €388k
2021: €600k
2022: €510k
2023: €336k
2024: €210k
2018 → 2025
Net result
€-26k▼ 8.2%
2024 · €-24k
2018: €9k
2019: €-43k
2020: €-7k
2021: €10k
2022: €634
2023: €-47k
2024: €-24k
2018 → 2025
Working capital
€-49k▼ 10.0%
2024 · €-45k
2018: €123k
2019: €85k
2020: €54k
2021: €42k
2022: €63k
2023: €22k
2024: €-45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€109k▲ 0.6%€62k▼ 43.2%€38k▼ 38.8%€12k▼ 68.7%
Operating result€10k-€1k▼ 89.7%€-47k€-24k▲ 49.0%€-26k▼ 8.0%
Net result€10k-€634▼ 93.8%€-47k€-24k▲ 48.9%€-26k▼ 8.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2025 against €24k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200k
Fixed assets
€61k▼ 26.1%
Current assets
€139k▲ 8.8%
Equity and liabilities €200k
Equity
€12k▼ 68.7%
Debt
€188k▲ 9.1%
The debt ratio rises from 82.0% to 94.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▲
2024 · €-2k
Cash flow
€3k▲
2024 · €-2k
Solvency
5.9%▼
2024 · 18.0%
Current ratio
0.74▼
2024 · 0.74
Quick ratio
0.73▼
2024 · 0.73
Debt / equity
15.88▲
2024 · 4.56
ROE
-219.4%▼
2024 · -63.5%
ROA
-13.0%▼
2024 · -11.4%
Interest coverage
34.54▲
2024 · -29.00
Debt
€188k▲
2024 · €172k
Debt ≤ 1 year
€188k▲
2024 · €172k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€210k€200k▼
Fixed assets21/28€82k€61k▼
Tangible fixed assets22/27€81k€60k▼
Plant, machinery and equipment23€15k€12k▼
Furniture and vehicles24€67k€48k▼
Financial fixed assets28€1k€1k=
Current assets29/58€128k€139k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€80k€122k▲
Trade receivables40€76k€120k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€46k€14k▼
Equity and liabilities
Total equity and liabilities10/49€210k€200k▼
Equity10/15€38k€12k▼
Contributions10/11€8k€8k=
Reserves13€15k€15k=
Tax-exempt reserves132€13k€13k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€15k€-11k▼
Amounts payable17/49€172k€188k▲
Amounts payable within one year42/48€172k€188k▲
Trade debts44€3k€677▼
Suppliers440/4€3k€677▼
Taxes, remuneration and social security45€514€529▲
Taxes450/3€514€529▲
Other amounts payable47/48€168k€187k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€29k▲
Other operating charges640/8€860€580▼
Gross operating margin9900€-967€4k▲
Operating profit (loss)9901€-24k€-26k▼
Financial charges65/66B€63€99▲
Recurring financial charges65€63€99▲
Profit (loss) for the period before taxes9903€-24k€-26k▼
Profit (loss) for the period9904€-24k€-26k▼
Profit (loss) for the period to be appropriated9905€-24k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-11k▼
Profit (loss) brought forward from the previous period14P€39k€15k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-47k ▼7511%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €108k ▲10.4%
Equity rises from €98k to €108k.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Assesse · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Jassogne 65332 AssesseGround area
9,358 m²
Building footprint
504 m²
Parcel 92030B0045/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ARCANDE
since 19922.055.549.269
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92030B0045/00G000 | Wallonia | 9,358 m² | 1 · 504 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Spapen BV
BE 0769.497.139
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Lali Group
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 9,883 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-1991
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
5 entriesE-mail:arcandesprl@gmail.com
Phone:0474268923
E-mail:arcande@skynet.be
Phone:083/68.99.63
Fax:083/68.95.10