ARCEGO

Active

Private limited companyfounded 20197 yrs activeRue Mont Olivet 6, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0733.500.637

The computed 12-month bankruptcy probability of ARCEGO is 2.3% (moderate). The 2025 annual accounts show equity of €62k and a net result of €-563. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 4812 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

33 / 100

Weak▼ -20 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-70

Solvency55▲+14

Growth52=

Stability100

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity short (current ratio 0.79 against 0.73 in 2024), and 61.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

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

KBO · registered office

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 2025

Solvency, return and age of the figures

Solvency

38.7%

Return on assets

-0.4%

Age of the figures

8 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 09-07-2026, 22 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

22 d early

2024

9 d early

2023

30 d early

2022

27 d early

2021

60 d early

2020

40 d early

← before the deadline after the deadline →

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

12-09-2026 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

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-563

2024 · €9k

2020: €19k 2021: €2k 2022: €4k 2023: €10k 2024: €9k

2020 → 2025

Working capital

€-18k▲ 38.7%

2024 · €-29k

2020: €16k 2021: €-18k 2022: €-31k 2023: €-34k 2024: €-29k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€40k-€43k▲ 9.0%€54k▲ 23.3%€62k▲ 16.4%€62k▼ 0.9%

Operating result€8k-€10k▲ 16.6%€22k▲ 129%€21k▼ 4.6%€10k▼ 52.5%

Net result€2k-€4k▲ 96.0%€10k▲ 182%€9k▼ 13.4%€-563

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 52% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €160k

56.4%

43.6%

Fixed assets €90k▼ 29.1%

Current assets €70k▼ 14.1%

Equity and liabilities €160k

38.7%

61.3%

Equity €62k▼ 0.9%

Debt €98k▼ 32.8%

The debt ratio falls from 70.1% to 61.3%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€37k▼

2024 · €49k

Cash flow

€26k▼

2024 · €37k

Solvency

38.7%▲

2024 · 29.9%

Current ratio

0.79▲

2024 · 0.73

Quick ratio

0.24▼

2024 · 0.28

Debt / equity

1.59▼

2024 · 2.34

ROE

-0.9%▼

2024 · 14.1%

ROA

-0.4%▼

2024 · 4.2%

Interest coverage

5.06▼

2024 · 5.07

Debt

€98k▼

2024 · €146k

Debt ≤ 1 year

€88k▼

2024 · €110k

Debt > 1 year

€10k▼

2024 · €35k

Income taxes

€3k▲

2024 · €3k

Staff costs

€58k▼

2024 · €59k

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€208k€160k▼

Formation expenses20-€0

Fixed assets21/28€127k€90k▼

Intangible fixed assets21€57k€45k▼

Tangible fixed assets22/27€61k€45k▼

Furniture and vehicles24€12k€4k▼

Other tangible fixed assets26€49k€42k▼

Financial fixed assets28€10k€0▼

Current assets29/58€81k€70k▼

Stocks and contracts in progress3€50k€49k▼

Stocks30/36€50k€49k▼

Amounts receivable within one year40/41€14k€10k▼

Trade receivables40€14k€10k▼

Other amounts receivable41-€0

Cash at bank and in hand54/58€17k€11k▼

Deferred charges and accrued income490/1€745€807▲

Equity and liabilities

Total equity and liabilities10/49€208k€160k▼

Equity10/15€62k€62k▼

Contributions10/11€19k€19k=

Capital10€19k€19k=

Issued capital100€19k€19k=

Profit (loss) carried forward14€44k€43k▼

Amounts payable17/49€146k€98k▼

Amounts payable after more than one year17€35k€10k▼

Financial debts170/4€35k€10k▼

Amounts payable within one year42/48€110k€88k▼

Current portion of amounts payable after more than one year42€33k€25k▼

Trade debts44€20k€17k▼

Suppliers440/4€20k€17k▼

Taxes, remuneration and social security45€16k€13k▼

Taxes450/3€6k€6k▼

Remuneration and social security454/9€11k€7k▼

Other amounts payable47/48€40k€33k▼

Income statement Code20242025

Remuneration, social security and pensions62€59k€58k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€27k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k-

Other operating charges640/8€494€506▲

Non-recurring operating charges66A-€10k

Gross operating margin9900€119k€106k▼

Operating profit (loss)9901€21k€10k▼

Financial charges65/66B€10k€7k▼

Recurring financial charges65€10k€7k▼

Profit (loss) for the period before taxes9903€12k€3k▼

Income taxes67/77€3k€3k▲

Profit (loss) for the period9904€9k€-563▼

Profit (loss) for the period to be appropriated9905€9k€-563▼

Appropriation of the result

Profit (loss) to be appropriated9906€44k€43k▼

Profit (loss) brought forward from the previous period14P€35k€44k▲

Social balance

Average headcount (FTE)9087-2.8

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 1Filings 6

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

2026

09-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Weakest financial yearnet €-563 ▼106%

Net result drops to €-563, the lowest in the series.

22-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

01-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

04-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

01-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

21-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Braine-le-Château · 2 establishment units since 2019

establishment All 2 establishment units on the map

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 Mont Olivet 61440 Braine-le-Château

Ground area

1,476 m²

Building footprint

202 m²

Volume, LiDAR

1,228 m³

3 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

ARCEGO

Rue Landuyt 175, 1440 Braine-le-ChâteauWholesale of wines and spirits

since 20192.293.271.030

ARCEGO

Rue de la Libération 60, 1440 Braine-le-ChâteauWholesale of wines and spirits

since 20192.299.672.139

3 parcels

Wallonia 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25015C0309/00A000	Wallonia	814 m²	1 · 73 m²	10.3 m · 3 fl.
25015A0077/00B003	Wallonia	430 m²	1 · 76 m²	9.5 m · 3 fl.
25015B0268/00B003	Wallonia	231 m²	1 · 53 m²	-