Checked.be
Active
BE 0769.733.206Private limited company
Archade
Rue de Clairvaux 40 ·1348 Ottignies-Louvain-la-Neuve, Belgium· 5 yrs active
Sector: Property management for co-owned buildings (syndics)
(68321)
Conclusion
Archade has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €249k and a net result of €68k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 4834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €249k |
| Net result | €68k |
| Better than sector | 32% |
| Active | 5 yrs |
Financial profile
67
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
51
Profitability
100
Solvency
11
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
51
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€13k
estimate, not credit advice
Score history
43
2022
23
2023
51
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.59 (< 1.0)
-10
Quick ratio
Quick ratio 0.59 (< 0.6)
-5
Leverage
Debt/equity 6.64 (> 3.0)
-10
Profitability
ROE 27% (≥ 10%)
+10
Interest coverage
Interest coverage 3.1× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~22.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.1% | 30.8% | |
| Net result | €68k | €11k | |
| Equity | €249k | €513k | |
| Gross operating margin | €100k | €104k | |
| Total assets | €1.90M | €2.53M |
€99k
-
22-24
€68k
+358.0%
22-24
€68k
+348.1%
22-24
€1.90M
+3.6%
22-24
€249k
+37.3%
22-24
€-90k
-150.1%
22-24
€1.65M
-0.1%
22-24
€217k
+126.0%
22-24
€1.44M
-6.4%
22-24
0.59
-6.4%
22-24
0.59
-6.4%
22-24
13.1%
+32.5%
22-24
6.64
-27.2%
22-24
27.2%
+233.6%
22-24
3.6%
+342.0%
22-24
3.15
-
22-24
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | - | - | - |
| EBITDA | - | -10.1% | - |
| Net profit | +358.0% | -11.3% | - |
| Cash flow | +348.1% | -11.7% | - |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | +3.6% | -2.5% | - |
| Equity | +37.3% | +8.9% | - |
| Debt | -0.1% | -3.6% | - |
| of which ≤ 1y | +126.0% | +2.3% | - |
| of which > 1y | -6.4% | -3.5% | - |
| Working capital | -150.1% | - | - |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 0.59 | 0.63 | 1.13 |
| Quick ratio | 0.59 | 0.63 | 1.13 |
| Working capital ratio | -4.7% | -2.0% | 0.7% |
| Solvency | 13.1% | 9.9% | 8.9% |
| Debt / equity | 6.64 | 9.12 | 10.30 |
| Long-term debt ratio | 5.77 | 8.46 | 9.55 |
| Interest coverage | 3.15 | -0.05 | -0.02 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 3.6% | 0.8% | 0.9% |
| ROE | 27.2% | 8.1% | 10.0% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.90M | €1.84M | €1.88M |
| Fixed assets | 21/28 | €1.78M | €1.78M | €1.78M |
| Formation expenses | 20 | €700 | €1k | €2k |
| Financial fixed assets | 28 | €1.78M | €1.78M | €1.78M |
| Current assets | 29/58 | €127k | €60k | €106k |
| Amounts receivable within one year | 40/41 | €78k | €8k | €5k |
| Cash & bank | 54/58 | €49k | €52k | €102k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.90M | €1.84M | €1.88M |
| Equity | 10/15 | €249k | €181k | €167k |
| Contributions / capital | 10/11 | €150k | €150k | €150k |
| Reserves | 13 | €99k | €31k | €17k |
| Amounts payable | 17/49 | €1.65M | €1.65M | €1.72M |
| Amounts payable after one year | 17 | €1.44M | €1.54M | €1.59M |
| Amounts payable within one year | 42/48 | €217k | €96k | €94k |
| Trade debts payable within one year | 44 | €72k | €2k | €1k |
| Income statement | ||||
| Gross operating margin | 9900 | €100k | €-1k | €-1k |
| Operating result | 9901 | €99k | €-2k | €-2k |
| Financial income | 75 | €545 | €49k | €77k |
| Financial charges | 65 | €31k | €32k | €58k |
| Result before taxes | 9903 | €68k | €15k | €17k |
| Net result for the period | 9904 | €68k | €15k | €17k |
| Result to be appropriated | 9905 | €68k | €15k | €17k |
Legal Structure
| NACE primary | Property management for co-owned buildings (syndics)(68321) |
| Legal form | Private limited company(610) |
| Incorporation | 16-06-2021 |
| Status | Active |
| Postal code | 1348 |
Establishment units
Archade
since 20212.323.828.604
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25385B0001/03F000 | Wallonia | 5,453 m² | 1 · 1,545 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2022net €68k ▲358%
Operating result €99k, net result €68k, both a record.
31-12
Financial
Equity above €200kEq €249k ▲37.3%
3 profitable years in a row build equity to €249k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €15k ▼11.3%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Property management for co-owned buildings (syndics)68321Activities auxiliary to financial services and insurance activities66300Real estate activities68322
Names & trade names
| Legal nameFR | Archade |
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