ARCANE
ActiveSummary
ARCANE has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€53,469) and a net result of -€2,940. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 5% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1,400 in 2025 against €2,674 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,619 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,619 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €402 | - | €310 | €197 | - | - |
| Gross operating margin9900 | €7,429 | €6,953 | €8,289 | €3,877 | €1,692 | -€79 | -€2,477 | -€1,400 | ▲ 43.5% |
| Operating profit (loss)9901 | €6,975 | €6,606 | €7,942 | €3,474 | €1,692 | -€389 | -€2,674 | -€1,400 | ▲ 47.7% |
| Recurring financial income75 | €199 | €47 | €152 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,786 | €1,626 | €1,443 | €1,474 | €1,540 | ▲ 4.5% |
| Recurring financial charges65 | €2,350 | €2,061 | €1,958 | €1,786 | €1,626 | €1,443 | €1,474 | €1,540 | ▲ 4.5% |
| Profit (loss) for the period before taxes9903 | €4,824 | €4,592 | €6,135 | €1,688 | €66 | -€1,832 | -€4,148 | -€2,940 | ▲ 29.1% |
| Profit (loss) for the period9904 | €4,824 | €4,592 | €6,135 | €1,688 | €66 | -€1,832 | -€4,148 | -€2,940 | ▲ 29.1% |
| Profit (loss) for the period to be appropriated9905 | €4,824 | €4,592 | €6,135 | €1,688 | €66 | -€1,832 | -€4,148 | -€2,940 | ▲ 29.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1,374 | €3,093 | €4,779 | €562 | €1,820 | €1,893 | €3,397 | €2,220 | ▼ 34.6% |
| Current assets29/58 | €1,374 | €3,093 | €4,779 | €562 | €1,820 | €1,893 | €3,397 | €2,220 | ▼ 34.6% |
| Amounts receivable within one year40/41 | €1,043 | €2,603 | €4,771 | €260 | €1,460 | €1,754 | €1,454 | €1,454 | = |
| Trade receivables40 | - | - | - | €260 | €1,460 | €1,754 | €1,454 | €1,454 | = |
| Cash at bank and in hand54/58 | €331 | €491 | €8 | €302 | €360 | €139 | €1,943 | €766 | ▼ 60.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1,374 | €3,093 | €4,779 | €562 | €1,820 | €1,893 | €3,397 | €2,220 | ▼ 34.6% |
| Equity10/15 | -€57,030 | -€52,438 | -€46,303 | -€44,614 | -€44,548 | -€46,381 | -€50,529 | -€53,469 | ▼ 5.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€77,490 | -€72,898 | -€66,763 | -€65,074 | -€65,008 | -€66,841 | -€70,989 | -€73,929 | ▼ 4.1% |
| Amounts payable17/49 | €58,404 | €55,531 | €51,081 | €45,176 | €46,368 | €48,274 | €53,926 | €55,689 | ▲ 3.3% |
| Amounts payable after more than one year17 | €53,429 | €48,883 | €44,166 | €39,272 | €34,195 | €28,926 | €23,731 | €18,143 | ▼ 23.5% |
| Financial debts170/4 | - | - | - | €39,272 | €34,195 | €28,926 | €23,731 | €18,143 | ▼ 23.5% |
| Amounts payable within one year42/48 | €4,975 | €6,648 | €6,915 | €5,904 | €12,173 | €19,348 | €30,195 | €37,545 | ▲ 24.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,894 | €5,078 | €5,268 | €5,292 | €5,588 | ▲ 5.6% |
| Trade debts44 | €594 | €2,103 | €2,198 | €415 | €319 | €171 | €573 | - | - |
| Suppliers440/4 | - | - | - | €415 | €319 | €171 | €573 | - | - |
| Other amounts payable47/48 | - | - | - | €596 | €6,776 | €13,909 | €24,330 | €31,958 | ▲ 31.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,824 | €4,592 | €6,135 | €1,688 | €66 | -€1,832 | -€4,148 | -€2,940 | ▲ 29.1% |
| Operating cash flow (approximation) | €4,824 | €4,592 | €6,135 | €1,688 | €66 | -€1,832 | -€4,148 | -€2,940 | ▲ 29.1% |
| Change in cash | - | €160 | -€483 | €294 | €57 | -€220 | €1,804 | -€1,177 | - |
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 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00376244 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00346020 |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00201180 |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00162374 |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20092445 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56600334 |
| 31-12-2019 | micro format | 12-07-2020 | 2020-30300387 |
| 31-12-2018 | micro format | 08-07-2019 | 2019-31700385 |
| 31-12-2017 | micro format | 10-07-2018 | 2018-32800258 |
| 31-12-2016 | micro format | 19-07-2017 | 2017-33500503 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.