ARCAS

Active

Private limited companyfounded 199432 yrs activeEdmond Parmentierlaan 159, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0453.314.553

Summary

ARCAS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199,322 and a net result of €28,180. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 7071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysis Watch Report Compare

ARCASActiveChecked score 89/100

Risk analysis Report Compare

Checked score

Score 2025

89 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability85=

Solvency100=

Growth78=

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €17,000 at 30 days acceptable

Liquidity ample (current ratio 9.24 against 12.48 in 2024; short-term debt: 10.7% and cash: 96.7% of total assets), and 10.7% 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

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

89.3%

Return on assets

12.6%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

50 d early

2024

11 d late

2023

20 d late

2022

22 d late

2021

17 d early

2020

23 d early

2019

26 d late

← 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 2 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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 months

Position in the running window

27-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

ARCAS was incorporated on 18 August 1994.¹ Total assets rose from EUR 82,789 in 2018 to EUR 223,171 in 2025.²

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, micro schema

Equity

€199,322▲ 16.5%

2024 · €171,143

Total assets

€223,171▲ 20.3%

2024 · €185,577

Net result

€28,180▲ 20.2%

2024 · €23,435

Working capital

€196,561▲ 18.6%

2024 · €165,768

Trend over the years

Chart Table

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€33,342▲ 45.2%€30,348▼ 9.0%€24,424▼ 19.5%€33,162▲ 35.8%€41,105▲ 24.0%

Net result€22,891▲ 59.3%€20,528▼ 10.3%€18,214▼ 11.3%€23,435▲ 28.7%€28,180▲ 20.2%

Equity€108,966▲ 26.6%€129,494▲ 18.8%€147,708▲ 14.1%€171,143▲ 15.9%€199,322▲ 16.5%

Total assets€124,328▲ 27.4%€144,891▲ 16.5%€161,032▲ 11.1%€185,577▲ 15.2%€223,171▲ 20.3%

Debt€15,362▲ 33.3%€15,397▲ 0.2%€13,324▼ 13.5%€14,434▲ 8.3%€23,849▲ 65.2%

Working capital€101,737▲ 18.2%€121,154▲ 19.1%€141,504▲ 16.8%€165,768▲ 17.1%€196,561▲ 18.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €223,171

98.8%

Fixed assets €2,761 ▼ 48.6%

Current assets €220,410 ▲ 22.3%

Equity and liabilities €223,171

89.3%

11%

Equity €199,322 ▲ 16.5%

Debt €23,849 ▲ 65.2%

Debt's share of the balance-sheet total rises from 7.8% to 10.7%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€43,719▲

2024 · €35,437

Cash flow

€30,793▲

2024 · €25,710

Current ratio

9.24▼

2024 · 12.48

Debt to equity

0.12▲

2024 · 0.08

ROE

14.1%▲

2024 · 13.7%

ROA

12.6%=

2024 · 12.6%

Interest coverage

114.71▲

2024 · 113.21

Debt ≤ 1 year

€23,849▲

2024 · €14,434

Income taxes

€12,545▲

2024 · €9,414

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Balance sheet Code20242025

Assets

Total assets20/58€185,577€223,171▲

Fixed assets21/28€5,374€2,761▼

Tangible fixed assets22/27€5,374€2,761▼

Furniture and vehicles24€5,374€2,761▼

Current assets29/58€180,203€220,410▲

Amounts receivable within one year40/41€8,165€4,585▼

Trade receivables40€4,423€1,085▼

Other amounts receivable41€3,742€3,500▼

Cash at bank and in hand54/58€172,037€215,825▲

Equity and liabilities

Total equity and liabilities10/49€185,577€223,171▲

Equity10/15€171,143€199,322▲

Contributions10/11€9,916€9,916=

Outside capital11-€9,916

Other1109/19-€9,916

Reserves13€96,660€96,660=

Distributable reserves133€96,660€96,660=

Profit (loss) carried forward14€64,567€92,746▲

Amounts payable17/49€14,434€23,849▲

Amounts payable within one year42/48€14,434€23,849▲

Current portion of amounts payable after more than one year42€1,264€1,357▲

Trade debts44€2,136€3,980▲

Suppliers440/4€2,136€3,980▲

Taxes, remuneration and social security45€9,198€12,509▲

Taxes450/3€9,198€12,509▲

Other amounts payable47/48€1,836€6,003▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,275€2,613▲

Other operating charges640/8€1,562€974▼

Gross operating margin9900€36,999€44,692▲

Operating profit (loss)9901€33,162€41,105▲

Financial charges65/66B€313€381▲

Recurring financial charges65€313€381▲

Profit (loss) for the period before taxes9903€32,849€40,724▲

Income taxes67/77€9,414€12,545▲

Profit (loss) for the period9904€23,435€28,180▲

Profit (loss) for the period to be appropriated9905€23,435€28,180▲

Appropriation of the result

Profit (loss) to be appropriated9906€79,567€92,746▲

Profit (loss) brought forward from the previous period14P€56,132€64,567▲

Transfer to equity691/2€15,000-

To the legal reserve6920€15,000-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€1,387	€205	€2,136	€2,275	€2,613	▲ 14.9%
Other operating charges640/8	€1,583	€1,415	€1,620	€1,562	€974	▼ 37.7%
Gross operating margin9900	€36,313	€31,968	€28,181	€36,999	€44,692	▲ 20.8%
Operating profit (loss)9901	€33,342	€30,348	€24,424	€33,162	€41,105	▲ 24.0%
Financial charges65/66B	€295	€318	€250	€313	€381	▲ 21.8%
Recurring financial charges65	€295	€318	€250	€313	€381	▲ 21.8%
Profit (loss) for the period before taxes9903	€33,048	€30,031	€24,174	€32,849	€40,724	▲ 24.0%
Income taxes67/77	€10,157	€9,503	€5,960	€9,414	€12,545	▲ 33.3%
Profit (loss) for the period9904	€22,891	€20,528	€18,214	€23,435	€28,180	▲ 20.2%
Profit (loss) for the period to be appropriated9905	€22,891	€20,528	€18,214	€23,435	€28,180	▲ 20.2%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€124,328	€144,891	€161,032	€185,577	€223,171	▲ 20.3%
Fixed assets21/28	€7,229	€8,340	€6,204	€5,374	€2,761	▼ 48.6%
Tangible fixed assets22/27	€7,229	€8,340	€6,204	€5,374	€2,761	▼ 48.6%
Furniture and vehicles24	€7,229	€8,340	€6,204	€5,374	€2,761	▼ 48.6%
Current assets29/58	€117,099	€136,551	€154,828	€180,203	€220,410	▲ 22.3%
Amounts receivable within one year40/41	€2,523	€5,362	€5,242	€8,165	€4,585	▼ 43.8%
Trade receivables40	-	€2,839	€1,500	€4,423	€1,085	▼ 75.5%
Other amounts receivable41	€2,523	€2,523	€3,742	€3,742	€3,500	▼ 6.5%
Cash at bank and in hand54/58	€114,576	€131,189	€149,586	€172,037	€215,825	▲ 25.5%
Equity and liabilities
Total equity and liabilities10/49	€124,328	€144,891	€161,032	€185,577	€223,171	▲ 20.3%
Equity10/15	€108,966	€129,494	€147,708	€171,143	€199,322	▲ 16.5%
Contributions10/11	€9,916	€9,916	€9,916	€9,916	€9,916	=
Outside capital11	-	-	-	-	€9,916	-
Other1109/19	-	-	-	-	€9,916	-
Reserves13	€61,132	€81,660	€81,660	€96,660	€96,660	=
Non-distributable reserves130/1	€1,859	€1,859	-	-	-	-
Reserves not available under the articles1311	€1,859	€1,859	-	-	-	-
Distributable reserves133	€59,273	€79,801	€81,660	€96,660	€96,660	=
Profit (loss) carried forward14	€37,918	€37,918	€56,132	€64,567	€92,746	▲ 43.6%
Amounts payable17/49	€15,362	€15,397	€13,324	€14,434	€23,849	▲ 65.2%
Amounts payable within one year42/48	€15,362	€15,397	€13,324	€14,434	€23,849	▲ 65.2%
Current portion of amounts payable after more than one year42	€1,171	€1,364	€1,333	€1,264	€1,357	▲ 7.4%
Trade debts44	€1,152	€313	€698	€2,136	€3,980	▲ 86.3%
Suppliers440/4	€1,152	€313	€698	€2,136	€3,980	▲ 86.3%
Taxes, remuneration and social security45	€10,381	€10,951	€9,116	€9,198	€12,509	▲ 36.0%
Taxes450/3	€10,381	€10,951	€9,116	€9,198	€12,509	▲ 36.0%
Other amounts payable47/48	€2,658	€2,768	€2,176	€1,836	€6,003	▲ 227%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€22,891	€20,528	€18,214	€23,435	€28,180	▲ 20.2%
+ Depreciation and write-downs630	€1,387	€205	€2,136	€2,275	€2,613	▲ 14.9%
Operating cash flow (approximation)	€24,278	€20,733	€20,350	€25,710	€30,793	▲ 19.8%
Investment in fixed assets (approximation)	-	-€1,315	€0	-€1,445	€0	▲ 100%
Change in cash	-	€16,613	€18,397	€22,452	€43,787	▲ 95.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

11-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2018net €28,180 ▲20.2%

Operating result €41,105, net result €28,180, both a record.

11-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 11 days late

2024

31-12

Financial Equity above €150,000Eq €171,143 ▲15.9%

7 profitable years in a row build equity to €171,143.

20-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 20 days late

2023

22-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 22 days late

2022

14-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Equity above €100,000Eq €108,966 ▲26.6%

4 profitable years in a row build equity to €108,966.

08-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Weakest financial yearnet €14,367 ▼36%

Net result drops to €14,367, the lowest in the series; recovery starts the following year.

26-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 26 days late

2019

05-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 5 days late

2018

03-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

27-06

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.

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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

1 act for this company is 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, Sint-Pieters-Woluwe

exact location from the address register On OpenStreetMap

Ground area

282 m²

Building footprint

83 m²

Volume, LiDAR

842 m³

Parcel 21682C0122/00R007, Brussels · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.

3 companies at this address See who is registered here

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21682C0122/00R007	Brussels	282 m²	1 · 83 m²	13.3 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.

Similar companies · same sector, comparable size

OBJECTIF

BE 0443.123.516

Sint-Lambrechts-Woluwe · Eq €199,429

ALTA

BE 0418.181.846

Sint-Gillis (bij-Brussel) · Eq €199,452

WAFT

BE 0867.351.630

Antwerpen · Eq €199,007

CREAPINS

BE 0464.950.890

Beveren-Kruibeke-Zwijndrecht · Eq €199,700

FASSADE

BE 0788.512.406

Wielsbeke · Eq €200,183

Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. 2,810 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded18-08-1994

Fiscal year end31-12

Activities, NACEBEL 2025

73110Advertising agencies

E-invoicing

Reachable via Peppol

Peppol ID 0208:0453314553

Registered 19-12-2025

Scores and ratios are computed by Checked and are not a credit decision.