ARCEO ENGINEERING
Dissolution or liquidationSummary
The KBO register records for ARCEO ENGINEERING the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-08-2023, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2022
22 d late
2022
33 d late
2021
4 d early
2020
19 d early
2019
3 d late
2018
56 d early
2017
on the day
← 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 3 days before the deadline; the sector median for financial year 2022 is 17 days before the deadline, and 29% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?Wallonie Entreprendre · 33 companies How is the Manufacture of basic metals sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, full schema
Turnover
€3.3m▼ 62.7%
2020 · €8.8m
EBIT margin
-5.8%▲ 84.3pp
2020 · -90.1%
Net result
€931,792
2021 · -€198,864
Working capital
-€2.7m=
2022 · -€2.7m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222022
Turnover€10.5m▼ 49.7%€8.8m▼ 16.7%€3.3m▼ 62.7%
Operating result-€1.3m▼ 52.7%-€7.9m▼ 503%-€191,485▲ 97.6%€952,532
Net result-€1.3m▼ 53.0%-€7.9m▼ 501%-€198,864▲ 97.5%€931,792
EBIT margin-12.4%▼ 8.3pp-90.1%▼ 77.7pp-5.8%▲ 84.3pp
Equity€4.5m▼ 22.7%-€3.4m-€3.6m▼ 5.8%
Total assets€6.8m▼ 33.0%€1.9m▼ 71.3%€1.3m▼ 33.3%€168,023▼ 87.0%€168,023-
Debt€2.3m▼ 46.7%€2.7m▲ 18.0%€3.7m▲ 39.1%€2.9m▼ 22.7%€2.9m-
Working capital€2.1m▼ 40.3%-€754,954-€2.4m▼ 220%-€2.7m▼ 11.6%-€2.7m-
Staff (FTE)30.3▼ 3.2%29.1▼ 4.0%13.9▼ 52.2%
Why a figure moved sharply
- 2022 Total assets -87% on 2021. Cause not known from the registers.
- 2021 Turnover -63%, Net result +97%, Staff (FTE) -52% on 2020. Cause not known from the registers.
- 2020 Net result -501%, Total assets -71% on 2019. Cause not known from the registers.
- 2019 Net result -53% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €952,532 after a loss of €191,485 in 2021, the highest result in the available series.
Key figures and ratios
Current ratio
0.06=
2022 · 0.06
Debt ≤ 1 year
€2.9m=
2022 · €2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2022 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €3.3m | - | - | - |
| Turnover70 | €10.5m | €8.8m | €3.3m | - | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | -€62,352 | - | - | - |
| Other operating income74 | - | - | €48,865 | - | - | - |
| Non-recurring operating income76A | - | - | €23,869 | €1.2m | - | - |
| Operating charges60/66A | - | - | €3.5m | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €212,849 | - | - |
| Goods for resale, raw materials and consumables60 | - | - | €1.7m | - | - | - |
| Purchases600/8 | - | - | €1.8m | - | - | - |
| Change in stocks: decrease (increase)609 | - | - | -€157,230 | - | - | - |
| Services and other goods61 | - | - | €842,428 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €2.1m | €1.1m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €388,187 | €404,036 | €3,597 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €271,235 | €88,582 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€1.5m | -€1.2m | - | - |
| Other operating charges640/8 | - | - | €15,879 | €13,331 | - | - |
| Non-recurring operating charges66A | - | - | €29,054 | €70,840 | - | - |
| Gross operating margin9900 | - | - | - | €1.0m | - | - |
| Operating profit (loss)9901 | -€1.3m | -€7.9m | -€191,485 | €952,532 | - | - |
| Financial income75/76B | - | - | €38 | €42 | - | - |
| Recurring financial income75 | €165 | €67 | €38 | €42 | - | - |
| Income from current assets751 | - | - | €38 | - | - | - |
| Financial charges65/66B | - | - | €7,262 | €20,778 | - | - |
| Recurring financial charges65 | €5,560 | €5,744 | €7,262 | €20,778 | - | - |
| Debt charges650 | €1,681 | €2,068 | €3,852 | - | - | - |
| Other financial charges652/9 | - | - | €3,410 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1.3m | -€7.9m | -€198,710 | €931,796 | - | - |
| Income taxes67/77 | €584 | €411 | €154 | €4 | - | - |
| Taxes670/3 | - | - | €156 | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | €1 | - | - | - |
| Profit (loss) for the period9904 | -€1.3m | -€7.9m | -€198,864 | €931,792 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1.3m | -€7.9m | -€198,864 | €931,792 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.8m | €1.9m | €1.3m | €168,023 | €168,023 | - |
| Fixed assets21/28 | €2.4m | €32,650 | - | - | - | - |
| Intangible fixed assets21 | €997,554 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €1.4m | €32,650 | - | - | - | - |
| Current assets29/58 | €4.4m | €1.9m | €1.3m | €168,023 | €168,023 | - |
| Stocks and contracts in progress3 | €1.5m | €176,357 | - | - | - | - |
| Amounts receivable within one year40/41 | €1.8m | €1.4m | €1.1m | €175 | €175 | - |
| Trade receivables40 | - | - | €966,338 | - | - | - |
| Other amounts receivable41 | - | - | €91,203 | €175 | €175 | - |
| Cash at bank and in hand54/58 | €1.1m | €274,732 | €238,233 | €166,579 | €166,579 | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,269 | €1,269 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.8m | €1.9m | €1.3m | €168,023 | €168,023 | - |
| Equity10/15 | €4.5m | -€3.4m | -€3.6m | - | - | - |
| Contributions10/11 | €15.4m | €15.4m | €15.4m | €15.4m | €15.4m | - |
| Capital10 | - | - | €15.4m | €15.4m | €15.4m | - |
| Issued capital100 | - | - | €15.4m | €15.4m | €15.4m | - |
| Profit (loss) carried forward14 | -€10.9m | -€18.8m | -€19.0m | -€18.1m | -€18.1m | - |
| Provisions and deferred taxes16 | €40,000 | €2.7m | €1.2m | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €1.2m | - | - | - |
| Other liabilities and charges164/5 | - | - | €1.2m | - | - | - |
| Amounts payable17/49 | €2.3m | €2.7m | €3.7m | €2.9m | €2.9m | - |
| Amounts payable within one year42/48 | €2.3m | €2.7m | €3.7m | €2.9m | €2.9m | - |
| Trade debts44 | €1.6m | €2.2m | €2.1m | €226,396 | €226,396 | - |
| Suppliers440/4 | - | - | €2.1m | €226,396 | €226,396 | - |
| Taxes, remuneration and social security45 | - | - | €222,308 | €34,347 | €34,347 | - |
| Taxes450/3 | - | - | €33,112 | €1,947 | €1,947 | - |
| Remuneration and social security454/9 | - | - | €189,196 | €32,400 | €32,400 | - |
| Other amounts payable47/48 | - | - | €1.4m | €2.6m | €2.6m | - |
| Accrued charges and deferred income492/3 | - | - | - | €6,749 | €6,749 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.3m | -€7.9m | -€198,864 | €931,792 | - | - |
| + Depreciation and write-downs630 | €388,187 | €404,036 | €3,597 | - | - | - |
| Operating cash flow (approximation) | -€928,386 | -€7.5m | -€195,267 | €931,792 | - | - |
| Investment in fixed assets (approximation) | - | €1.9m | - | - | - | - |
| Change in cash | - | -€816,424 | -€36,500 | -€71,654 | - | - |
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
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
20-12
Financial
Back to profitnet €931,792
Net result €931,792 after 4 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€7.9m
Net result drops to -€7.9m, the lowest in the series.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 3 days late
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 Belgian State Gazette acts for this company. None of them has 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
18 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, Liège · 1 establishment unit since 2008
Ground area
8,919 m²
Building footprint
2,099 m²
Volume, LiDAR
69,247 m³
2 parcels, Wallonia · tallest building 43.0 m, ±12 floors. Linked by address, not a title deed.
45
companies at this address
See who is registered here
1 establishment unit
-
since 20082.231.678.901
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62083B0065/00L000 | Wallonia | 6,108 m² | 1 · 99 m² | 18.3 m · 4 fl. |
| 62803A1368/00V000 | Wallonia | 2,811 m² | 1 · 1,999 m² | 43.0 m · 12 fl. |
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
Part of the group
Wallonie Entreprendre
33 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
- SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS, EN ABREGE : SOGEPA
- ARCEO ENGINEERING
Highest known parent: SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS, EN ABREGE : SOGEPA. The sources do not say who stands above it.
Owners 2
- 100%
-
100%
Holdings 0
The accounts to 31-12-2021 list no holdings, and no other source names one.
According to the 2021 annual accounts of ARCEO ENGINEERING 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.
Similar companies · same sector, comparable size
WILLY NAESSENS CONSTRUCT
BE 0439.268.557
Oudenaarde · Eq €4.6m
WINSOL INDUSTRIES
BE 0405.104.563
Izegem · Eq €4.3m
CARSID
BE 0460.333.492
Charleroi · Eq €5.0m
Coil Pro
BE 0896.818.844
Gent · Eq €3.8m
GERNAL
BE 0405.485.437
Comines-Warneton · Eq €5.4m
Of 191 companies in sector 24100 we hold annual accounts for 134. 68 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
24100Manufacture of basic metals
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894304267
Also
9925:BE0894304267
Registered
31-03-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.