ARCASIS
ActiveSummary
ARCASIS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €744,893. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 2300 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+4
Solvency98▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230,000 at 30 days acceptable
Liquidity ample (current ratio 11.83 against 4.11 in 2024; short-term debt: 7.5% and cash: 43.2% of total assets), and 27.1% of the assets are financed with debt.
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Show the recommended maximum : and 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
72.9%
Return on assets
22.3%
Age of the figures
16 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 22-12-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
13 d early
2023
31 d early
2022
23 d early
2021
7 d early
2020
3 d late
2018
27 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 15 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close28-09-2026 today31-12-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€2.4m▲ 17.4%
2024 · €2.1m
Total assets
€3.3m▼ 16.3%
2024 · €4.0m
Net result
€744,893▼ 5.1%
2024 · €784,637
Working capital
€2.7m▲ 72.5%
2024 · €1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€703,456▲ 854%€765,017▲ 8.8%€463,366▼ 39.4%€939,947▲ 103%€1.0m▲ 8.2%
Net result€499,603above the sector's middle half▲ 1,037%€500,767above the sector's middle half▲ 0.2%€304,431above the sector's middle half▼ 39.2%€784,637above the sector's middle half▲ 158%€744,893above the sector's middle half▼ 5.1%
Equity€812,880within the sector's middle half▲ 45.1%€1.3mabove the sector's middle half▲ 61.6%€1.6mabove the sector's middle half▲ 23.2%€2.1mabove the sector's middle half▲ 28.4%€2.4mabove the sector's middle half▲ 17.4%
Total assets€2.8mabove the sector's middle half▲ 20.0%€3.5mabove the sector's middle half▲ 25.1%€3.6mabove the sector's middle half▲ 4.5%€4.0mabove the sector's middle half▲ 10.0%€3.3mabove the sector's middle half▼ 16.3%
Debt€2.0m▲ 12.0%€2.2m▲ 10.0%€2.0m▼ 6.8%€1.9m▼ 4.8%€771,140▼ 59.8%
Working capital€239,505▲ 152%€605,900▲ 153%€912,235▲ 50.6%€1.6m▲ 72.4%€2.7m▲ 72.5%
Solvency29.2%within the sector's middle half▲ 5.1pp37.8%within the sector's middle half▲ 8.5pp44.5%within the sector's middle half▲ 6.7pp52.0%within the sector's middle half▲ 7.5pp72.9%above the sector's middle half▲ 20.9pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Net result +1,037% on 2020. The previous fiscal year ran 17 months, this one 12.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets
€382,766 ▼ 80.1%
Current assets
€3.0m ▲ 42.6%
Equity and liabilities €3.3m
Equity
€2.4m ▲ 17.4%
Provisions
€135,544
Debt
€771,140 ▼ 59.8%
Debt's share of the balance-sheet total falls from 48.0% to 23.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.1m▲
2024 · €1.0m
Cash flow
€778,044▼
2024 · €873,552
Current ratio
11.83▲
2024 · 4.11
Debt to equity
0.32▼
2024 · 0.92
ROE
30.5%▼
2024 · 37.8%
ROA
22.3%▲
2024 · 19.6%
Interest coverage
23.21▼
2024 · 31.15
Debt ≤ 1 year
€250,379▼
2024 · €505,028
Debt > 1 year
€497,075▼
2024 · €1.4m
Income taxes
€150,840▼
2024 · €160,215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 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% | 1.7% |
| 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 75% 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 17,810 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 | - | - | - | - | €550,307 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,409 | €78,959 | €90,093 | €88,914 | €33,151 | ▼ 62.7% |
| Other operating charges640/8 | - | €12,255 | €12,949 | €22,381 | €19,029 | ▼ 15.0% |
| Gross operating margin9900 | €779,227 | €856,230 | €566,407 | €1.1m | €1.1m | ▲ 1.7% |
| Operating profit (loss)9901 | €703,456 | €765,017 | €463,366 | €939,947 | €1.0m | ▲ 8.2% |
| Financial income75/76B | - | €9,176 | €13,211 | €37,938 | €59,350 | ▲ 56.4% |
| Recurring financial income75 | €7,354 | €9,176 | €13,211 | €37,938 | €59,350 | ▲ 56.4% |
| Financial charges65/66B | - | €26,624 | €27,401 | €33,033 | €45,259 | ▲ 37.0% |
| Recurring financial charges65 | €30,309 | €26,624 | €27,401 | €33,033 | €45,259 | ▲ 37.0% |
| Profit (loss) for the period before taxes9903 | €680,500 | €747,568 | €449,175 | €944,852 | €1.0m | ▲ 9.1% |
| Transfer to deferred taxes680 | - | - | - | - | €135,544 | - |
| Income taxes67/77 | €180,897 | €246,801 | €144,744 | €160,215 | €150,840 | ▼ 5.9% |
| Profit (loss) for the period9904 | €499,603 | €500,767 | €304,431 | €784,637 | €744,893 | ▼ 5.1% |
| Transfer from tax-exempt reserves789 | - | €85,440 | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €406,633 | - |
| Profit (loss) for the period to be appropriated9905 | €499,603 | €586,207 | €304,431 | €784,637 | €338,260 | ▼ 56.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €3.5m | €3.6m | €4.0m | €3.3m | ▼ 16.3% |
| Fixed assets21/28 | €2.4m | €2.4m | €2.3m | €1.9m | €382,766 | ▼ 80.1% |
| Tangible fixed assets22/27 | €1.8m | €1.9m | €1.8m | €1.7m | €180,816 | ▼ 89.5% |
| Land and buildings22 | - | €1.8m | €1.7m | €1.7m | €113,501 | ▼ 93.1% |
| Plant, machinery and equipment23 | - | - | - | - | €803 | - |
| Furniture and vehicles24 | - | €96,342 | €76,664 | €55,545 | €44,020 | ▼ 20.7% |
| Other tangible fixed assets26 | - | €19,072 | €15,000 | €10,928 | €22,491 | ▲ 106% |
| Financial fixed assets28 | €516,860 | €518,810 | €518,810 | €201,950 | €201,950 | = |
| Current assets29/58 | €418,214 | €1.1m | €1.3m | €2.1m | €3.0m | ▲ 42.6% |
| Amounts receivable after more than one year29 | - | €63,607 | €314,525 | €359,104 | €489,194 | ▲ 36.2% |
| Trade receivables290 | - | - | €261,450 | €331,170 | €457,670 | ▲ 38.2% |
| Other amounts receivable291 | - | €63,607 | €53,075 | €27,934 | €31,525 | ▲ 12.9% |
| Amounts receivable within one year40/41 | €36,482 | €8,730 | €28,868 | €41,626 | €19,262 | ▼ 53.7% |
| Trade receivables40 | - | €662 | - | €29,605 | €11,851 | ▼ 60.0% |
| Other amounts receivable41 | - | €8,068 | €28,868 | €12,021 | €7,411 | ▼ 38.4% |
| Current investments50/53 | €250,000 | €500,000 | €881,670 | €687,810 | €1.0m | ▲ 46.5% |
| Cash at bank and in hand54/58 | €79,112 | €501,931 | €89,942 | €988,800 | €1.4m | ▲ 46.1% |
| Deferred charges and accrued income490/1 | - | €1,960 | €1,808 | - | €1,835 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €3.5m | €3.6m | €4.0m | €3.3m | ▼ 16.3% |
| Equity10/15 | €812,880 | €1.3m | €1.6m | €2.1m | €2.4m | ▲ 17.4% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €794,330 | €1.3m | €1.6m | €2.1m | €2.4m | ▲ 17.5% |
| Tax-exempt reserves132 | - | - | - | - | €406,633 | - |
| Distributable reserves133 | - | €1.3m | €1.6m | €2.1m | €2.0m | ▼ 2.2% |
| Provisions and deferred taxes16 | - | - | - | - | €135,544 | - |
| Deferred taxes168 | - | - | - | - | €135,544 | - |
| Amounts payable17/49 | €2.0m | €2.2m | €2.0m | €1.9m | €771,140 | ▼ 59.8% |
| Amounts payable after more than one year17 | €1.8m | €1.7m | €1.6m | €1.4m | €497,075 | ▼ 64.4% |
| Financial debts170/4 | - | €1.6m | €1.5m | €1.3m | €62,746 | ▼ 95.1% |
| Other amounts payable178/9 | - | €66,505 | €143,824 | €104,222 | €434,329 | ▲ 317% |
| Amounts payable within one year42/48 | €178,708 | €470,327 | €404,579 | €505,028 | €250,379 | ▼ 50.4% |
| Current portion of amounts payable after more than one year42 | - | €172,539 | €173,497 | €166,926 | €68,714 | ▼ 58.8% |
| Trade debts44 | €18,552 | €6,189 | €25,057 | €438 | €43,238 | ▲ 9,771% |
| Suppliers440/4 | - | €6,189 | €25,057 | €438 | €43,238 | ▲ 9,771% |
| Taxes, remuneration and social security45 | - | €64,650 | €4,075 | €198,214 | €23,976 | ▼ 87.9% |
| Taxes450/3 | - | €64,650 | €4,075 | €198,214 | €23,976 | ▼ 87.9% |
| Other amounts payable47/48 | - | €226,950 | €201,950 | €139,450 | €114,450 | ▼ 17.9% |
| Accrued charges and deferred income492/3 | - | €2,568 | €9,946 | €18,331 | €23,686 | ▲ 29.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €499,603 | €500,767 | €304,431 | €784,637 | €744,893 | ▼ 5.1% |
| + Depreciation and write-downs630 | €64,409 | €78,959 | €90,093 | €88,914 | €33,151 | ▼ 62.7% |
| Operating cash flow (approximation) | €564,012 | €579,726 | €394,524 | €873,552 | €778,044 | ▼ 10.9% |
| Investment in fixed assets (approximation) | - | -€119,313 | -€5,987 | €309,795 | €1.5m | ▲ 386% |
| Change in cash | - | €422,820 | -€411,989 | €898,858 | €455,596 | ▼ 49.3% |
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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-05
Financial
Liquidity triplescurrent ratio 11.83
Current ratio from 4.11 to 11.83; short-term debt falls from €505,028 to €250,379.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-05
Financial
Highest result since 2018net €784,637 ▲158%
Net result €784,637, the highest in the series.
31-05
Financial
Equity above €2mEq €2.1m ▲28.4%
6 profitable years in a row build equity to €2.1m.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-05
Financial
Equity above €1mEq €1.3m ▲61.6%
4 profitable years in a row build equity to €1.3m.
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
31-05
Financial
Weakest financial yearnet €43,926 ▼89.2%
Net result drops to €43,926, the lowest in the series; recovery starts the following year.
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2013
Ground area
1,422 m²
Building footprint
973 m²
Volume, LiDAR
3,545 m³
2 parcels, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Pacificatielaan 2, 9000 Gent
since 20132.222.917.722
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0574/00E002 | Flanders | 906 m² | 1 · 832 m² | 8.8 m · 1 fl. |
| 44808H0720/00S002 | Flanders | 516 m² | 1 · 141 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 31-05-2025 list no shareholders, and no other source names one.
Holdings 1
-
33.33%
According to the annual accounts to 31-05-2025 of ARCASIS 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.
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 2,904 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
Founded07-08-2013
Fiscal year end31-05
Activities, NACEBEL 2025
82990Other business support services
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537409593
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.