ARCHE
ActiveSummary
ARCHE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €238,212 and a net result of €129,925. Equity is growing by ~107.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 3542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▲+3
Solvency52▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.98 against 0.92 in 2023; short-term debt: 49.5% and cash: 32.8% of total assets), and 72.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-05-2026, 279 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
279 d late
2023
92 d late
2022
181 d late
2021
120 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 168 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€129,925▲ 171%
2023 · €48,010
Working capital
-€10,826▲ 51.4%
2023 · -€22,262
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
Line2021202220232024
Operating result€2,703-€46,580▲ 1,623%€62,349▲ 33.9%€180,283▲ 189%
Net result€5,794within the sector's middle half-€34,483within the sector's middle half▲ 495%€48,010within the sector's middle half▲ 39.2%€129,925above the sector's middle half▲ 171%
Equity€25,794below the sector's middle half-€60,277within the sector's middle half▲ 134%€108,287within the sector's middle half▲ 79.6%€238,212above the sector's middle half▲ 120%
Total assets€242,003below the sector's middle half-€282,698below the sector's middle half▲ 16.8%€392,641below the sector's middle half▲ 38.9%€879,189above the sector's middle half▲ 124%
Debt€216,209-€222,421▲ 2.9%€284,354▲ 27.8%€640,977▲ 125%
Working capital-€83,550below the sector's middle half--€50,831below the sector's middle half▲ 39.2%-€22,262below the sector's middle half▲ 56.2%-€10,826below the sector's middle half▲ 51.4%
Solvency10.7%below the sector's middle half-21.3%within the sector's middle half▲ 10.7pp27.6%within the sector's middle half▲ 6.3pp27.1%within the sector's middle half▼ 0.5pp
Current ratio0.61below the sector's middle half-0.77below the sector's middle half▲ 0.160.92below the sector's middle half▲ 0.150.98within the sector's middle half▲ 0.05
Return on assets (ROA)2.4%within the sector's middle half-12.2%above the sector's middle half▲ 9.8pp12.2%above the sector's middle half=14.8%within the sector's middle half▲ 2.6pp
Staff (FTE)2.5below the sector's middle half-2.5below the sector's middle half=2below the sector's middle half▼ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 189% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €879,189
Fixed assets
€454,581 ▲ 248%
Current assets
€424,608 ▲ 62.0%
Equity and liabilities €879,189
Equity
€238,212 ▲ 120%
Debt
€640,977 ▲ 125%
Debt's share of the balance-sheet total rises from 72.4% to 72.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€220,284▲
2023 · €86,597
Cash flow
€169,926▲
2023 · €72,258
Quick ratio
0.97▲
2023 · 0.91
Debt to equity
2.69▲
2023 · 2.63
ROE
54.5%▲
2023 · 44.3%
Interest coverage
615.70▲
2023 · 255.30
Debt ≤ 1 year
€435,434▲
2023 · €284,354
Debt > 1 year
€205,543
Income taxes
€50,000▲
2023 · €14,000
Staff costs
€160,054▲
2023 · €60,994
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,679 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
1.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 2,679 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 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €160,911 | €80,199 | €60,994 | €160,054 | ▲ 162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,481 | €18,252 | €24,248 | €40,001 | ▲ 65.0% |
| Other operating charges640/8 | €1,008 | €1,062 | €708 | €3,683 | ▲ 420% |
| Non-recurring operating charges66A | - | - | - | €45 | - |
| Gross operating margin9900 | €180,103 | €146,092 | €148,299 | €384,066 | ▲ 159% |
| Operating profit (loss)9901 | €2,703 | €46,580 | €62,349 | €180,283 | ▲ 189% |
| Financial income75/76B | €4,431 | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - |
| Non-recurring financial income76B | €4,431 | - | - | - | - |
| Financial charges65/66B | €90 | €497 | €339 | €358 | ▲ 5.5% |
| Recurring financial charges65 | €90 | €297 | €339 | €358 | ▲ 5.5% |
| Non-recurring financial charges66B | - | €200 | - | - | - |
| Profit (loss) for the period before taxes9903 | €7,044 | €46,083 | €62,010 | €179,925 | ▲ 190% |
| Income taxes67/77 | €1,250 | €11,600 | €14,000 | €50,000 | ▲ 257% |
| Profit (loss) for the period9904 | €5,794 | €34,483 | €48,010 | €129,925 | ▲ 171% |
| Profit (loss) for the period to be appropriated9905 | €5,794 | €34,483 | €48,010 | €129,925 | ▲ 171% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €242,003 | €282,698 | €392,641 | €879,189 | ▲ 124% |
| Fixed assets21/28 | €109,345 | €111,108 | €130,549 | €454,581 | ▲ 248% |
| Intangible fixed assets21 | €99,563 | €88,313 | €77,063 | €407,063 | ▲ 428% |
| Tangible fixed assets22/27 | €9,782 | €22,795 | €53,486 | €47,519 | ▼ 11.2% |
| Plant, machinery and equipment23 | - | €1,650 | €16,162 | €10,357 | ▼ 35.9% |
| Furniture and vehicles24 | - | - | - | €13,478 | - |
| Other tangible fixed assets26 | €9,782 | €21,145 | €37,325 | €23,683 | ▼ 36.5% |
| Current assets29/58 | €132,658 | €171,590 | €262,092 | €424,608 | ▲ 62.0% |
| Stocks and contracts in progress3 | €2,350 | €2,145 | €2,145 | €2,145 | = |
| Stocks30/36 | €2,350 | €2,145 | €2,145 | €2,145 | = |
| Amounts receivable within one year40/41 | - | €2,022 | €64,635 | €128,995 | ▲ 99.6% |
| Trade receivables40 | - | €2,022 | €64,635 | €128,995 | ▲ 99.6% |
| Cash at bank and in hand54/58 | €130,308 | €165,125 | €192,858 | €288,266 | ▲ 49.5% |
| Deferred charges and accrued income490/1 | - | €2,298 | €2,454 | €5,201 | ▲ 112% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €242,003 | €282,698 | €392,641 | €879,189 | ▲ 124% |
| Equity10/15 | €25,794 | €60,277 | €108,287 | €238,212 | ▲ 120% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €5,794 | €40,277 | €88,287 | €218,212 | ▲ 147% |
| Amounts payable17/49 | €216,209 | €222,421 | €284,354 | €640,977 | ▲ 125% |
| Amounts payable after more than one year17 | - | - | - | €205,543 | - |
| Financial debts170/4 | - | - | - | €205,543 | - |
| Amounts payable within one year42/48 | €216,209 | €222,421 | €284,354 | €435,434 | ▲ 53.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €64,457 | - |
| Trade debts44 | €14,770 | €18,469 | €97,595 | €206,464 | ▲ 112% |
| Suppliers440/4 | €14,770 | €18,469 | €97,595 | €206,464 | ▲ 112% |
| Taxes, remuneration and social security45 | €61,439 | €63,952 | €101,685 | €164,439 | ▲ 61.7% |
| Taxes450/3 | €17,529 | €22,543 | €66,493 | €130,214 | ▲ 95.8% |
| Remuneration and social security454/9 | €43,910 | €41,409 | €35,192 | €34,225 | ▼ 2.7% |
| Other amounts payable47/48 | €140,000 | €140,000 | €85,074 | €74 | ▼ 99.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,794 | €34,483 | €48,010 | €129,925 | ▲ 171% |
| + Depreciation and write-downs630 | €15,481 | €18,252 | €24,248 | €40,001 | ▲ 65.0% |
| Operating cash flow (approximation) | €21,276 | €52,735 | €72,258 | €169,926 | ▲ 135% |
| Investment in fixed assets (approximation) | - | -€20,015 | -€43,690 | -€364,033 | ▼ 733% |
| Change in cash | - | €34,817 | €27,733 | €95,408 | ▲ 244% |
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
2026
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 279 days late
2024
31-12
Financial
Highest result since 2021net €129,925 ▲171%
Operating result €180,283, net result €129,925, both a record.
31-12
Financial
Equity above €200,000Eq €238,212 ▲120%
4 profitable years in a row build equity to €238,212.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 92 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 181 days late
2023
31-12
Financial
Equity above €100,000Eq €108,287 ▲79.6%
3 profitable years in a row build equity to €108,287.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 120 days late
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.
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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, Mechelen · 2 establishment units since 2020
Ground area
2,435 m²
Building footprint
1,434 m²
Volume, LiDAR
7,723 m³
2 parcels, Flanders · tallest building 15.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ARCHE
since 20202.307.112.336
MIDAS
since 20242.364.011.447
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0002/00B002 | Flanders | 1,436 m² | 1 · 523 m² | 4.7 m · 1 fl. |
| 12402C0158/00S000 | Flanders | 998 m² | 1 · 911 m² | 15.8 m · 2 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.
Similar companies · same sector, comparable size
VAN-GI CARS
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YDC
BE 0792.847.316
Brugge · Eq €237,951
TRANSTECHNICS
BE 0746.725.103
Affligem · Eq €238,578
DOSSOGNE
BE 0563.918.111
Hasselt · Eq €237,767
LRC Motors
BE 0873.903.088
Lievegem · Eq €237,640
Of 7,378 companies in sector 95311 we hold annual accounts for 2,962. 2,306 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
Founded17-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754567057
Also
9925:BE0754567057
Registered
22-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.