ARCHEX
ActiveSummary
ARCHEX has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,399 and a net result of €52,416. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+35
Solvency89▲+22
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.79 against 1.69 in 2024; short-term debt: 35.8% and cash: 57.8% of total assets), and 36% 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
64%
Return on assets
30.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
44 d early
2023
43 d early
2022
46 d early
2021
48 d early
2020
40 d early
2019
45 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 44 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€111,399▲ 88.9%
2024 · €58,984
Total assets
€174,160▲ 25.4%
2024 · €138,910
Net result
€52,416
2024 · -€3,862
Working capital
€111,735▲ 104%
2024 · €54,828
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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€49,060€33,581▼ 31.6%-€35,317-€2,929▲ 91.7%€74,448
Net result€31,556within the sector's middle half€19,720within the sector's middle half▼ 37.5%-€36,553below the sector's middle half-€3,862below the sector's middle half▲ 89.4%€52,416above the sector's middle half
Equity€124,261within the sector's middle half▲ 34.0%€143,981within the sector's middle half▲ 15.9%€107,427within the sector's middle half▼ 25.4%€58,984within the sector's middle half▼ 45.1%€111,399within the sector's middle half▲ 88.9%
Total assets€193,976within the sector's middle half▲ 18.4%€212,303within the sector's middle half▲ 9.4%€167,076within the sector's middle half▼ 21.3%€138,910within the sector's middle half▼ 16.9%€174,160within the sector's middle half▲ 25.4%
Debt€69,715▼ 1.9%€68,323▼ 2.0%€59,648▼ 12.7%€79,926▲ 34.0%€62,761▼ 21.5%
Working capital€106,832within the sector's middle half▲ 49.0%€130,203above the sector's middle half▲ 21.9%€94,190within the sector's middle half▼ 27.7%€54,828within the sector's middle half▼ 41.8%€111,735above the sector's middle half▲ 104%
Solvency64.1%within the sector's middle half▲ 7.5pp67.8%within the sector's middle half▲ 3.8pp64.3%within the sector's middle half▼ 3.5pp42.5%within the sector's middle half▼ 21.8pp64.0%within the sector's middle half▲ 21.5pp
Current ratio3.46within the sector's middle half▲ 0.383.50within the sector's middle half▲ 0.042.68within the sector's middle half▼ 0.821.69within the sector's middle half▼ 0.992.79within the sector's middle half▲ 1.10
Return on assets (ROA)16.3%within the sector's middle half▲ 18.6pp9.3%within the sector's middle half▼ 7.0pp-21.9%below the sector's middle half▼ 31.2pp-2.8%below the sector's middle half▲ 19.1pp30.1%above the sector's middle half▲ 32.9pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €74,448 after a loss of €2,929 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €174,160
Equity
€111,399 ▲ 88.9%
Debt
€62,761 ▼ 21.5%
Debt's share of the balance-sheet total falls from 57.5% to 36.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78,603▲
2024 · €9,744
Cash flow
€56,571▲
2024 · €8,811
Debt to equity
0.56▼
2024 · 1.36
ROE
47.1%▲
2024 · -6.5%
Interest coverage
399.71▲
2024 · 20.64
Debt ≤ 1 year
€62,425▼
2024 · €79,926
Income taxes
€24,475▲
2024 · €461
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 31,349 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,926 | €13,705 | €13,154 | €12,673 | €4,155 | ▼ 67.2% |
| Other operating charges640/8 | €523 | - | - | - | - | - |
| Gross operating margin9900 | €63,509 | €47,286 | -€22,163 | €9,744 | €78,603 | ▲ 707% |
| Operating profit (loss)9901 | €49,060 | €33,581 | -€35,317 | -€2,929 | €74,448 | ▲ 2,641% |
| Financial income75/76B | - | - | - | - | €2,639 | - |
| Recurring financial income75 | - | - | - | - | €2,639 | - |
| Financial charges65/66B | €819 | €793 | €726 | €472 | €197 | ▼ 58.3% |
| Recurring financial charges65 | €819 | €793 | €726 | €472 | €197 | ▼ 58.3% |
| Profit (loss) for the period before taxes9903 | €48,241 | €32,788 | -€36,043 | -€3,401 | €76,890 | ▲ 2,361% |
| Income taxes67/77 | €16,685 | €13,068 | €510 | €461 | €24,475 | ▲ 5,210% |
| Profit (loss) for the period9904 | €31,556 | €19,720 | -€36,553 | -€3,862 | €52,416 | ▲ 1,457% |
| Profit (loss) for the period to be appropriated9905 | €31,556 | €19,720 | -€36,553 | -€3,862 | €52,416 | ▲ 1,457% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193,976 | €212,303 | €167,076 | €138,910 | €174,160 | ▲ 25.4% |
| Fixed assets21/28 | €43,688 | €29,983 | €16,828 | €4,155 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €43,688 | €29,983 | €16,828 | €4,155 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €489 | €245 | €0 | - | - | - |
| Furniture and vehicles24 | €43,198 | €29,738 | €16,828 | €4,155 | €0 | ▼ 100% |
| Current assets29/58 | €150,288 | €182,321 | €150,247 | €134,754 | €174,160 | ▲ 29.2% |
| Amounts receivable within one year40/41 | €50,369 | €129,523 | €86,485 | €84,834 | €72,818 | ▼ 14.2% |
| Trade receivables40 | €50,054 | €127,591 | €70,063 | €63,305 | €56,779 | ▼ 10.3% |
| Other amounts receivable41 | €315 | €1,932 | €16,422 | €21,529 | €16,039 | ▼ 25.5% |
| Cash at bank and in hand54/58 | €99,231 | €52,098 | €63,044 | €48,735 | €100,609 | ▲ 106% |
| Deferred charges and accrued income490/1 | €689 | €700 | €719 | €1,185 | €733 | ▼ 38.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193,976 | €212,303 | €167,076 | €138,910 | €174,160 | ▲ 25.4% |
| Equity10/15 | €124,261 | €143,981 | €107,427 | €58,984 | €111,399 | ▲ 88.9% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €90,815 | €110,535 | €110,535 | €65,954 | €94,666 | ▲ 43.5% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | €88,956 | €108,676 | €110,535 | €65,954 | €94,666 | ▲ 43.5% |
| Profit (loss) carried forward14 | €14,853 | €14,853 | -€21,700 | -€25,562 | -€1,859 | ▲ 92.7% |
| Amounts payable17/49 | €69,715 | €68,323 | €59,648 | €79,926 | €62,761 | ▼ 21.5% |
| Amounts payable after more than one year17 | €24,759 | €14,255 | €3,591 | - | - | - |
| Financial debts170/4 | €24,759 | €14,255 | €3,591 | - | - | - |
| Amounts payable within one year42/48 | €43,457 | €52,117 | €56,057 | €79,926 | €62,425 | ▼ 21.9% |
| Current portion of amounts payable after more than one year42 | €10,345 | €10,504 | €10,664 | €3,591 | - | - |
| Trade debts44 | €5,967 | €6,777 | €5,665 | €5,483 | €2,184 | ▼ 60.2% |
| Suppliers440/4 | €5,967 | €6,777 | €5,665 | €5,483 | €2,184 | ▼ 60.2% |
| Advances received on contracts in progress46 | - | - | €219 | €219 | - | - |
| Taxes, remuneration and social security45 | €10,248 | €12,767 | €7,883 | €2,095 | €6,935 | ▲ 231% |
| Taxes450/3 | €6,258 | €12,767 | €3,801 | €2,095 | €6,935 | ▲ 231% |
| Remuneration and social security454/9 | €3,990 | - | €4,082 | - | - | - |
| Other amounts payable47/48 | €16,897 | €22,070 | €31,626 | €68,538 | €53,306 | ▼ 22.2% |
| Accrued charges and deferred income492/3 | €1,500 | €1,950 | - | - | €336 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,556 | €19,720 | -€36,553 | -€3,862 | €52,416 | ▲ 1,457% |
| + Depreciation and write-downs630 | €13,926 | €13,705 | €13,154 | €12,673 | €4,155 | ▼ 67.2% |
| Operating cash flow (approximation) | €45,482 | €33,425 | -€23,399 | €8,811 | €56,571 | ▲ 542% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€47,132 | €10,946 | -€14,309 | €51,874 | ▲ 463% |
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
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €52,416
Net result €52,416 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €111,399 ▲88.9%
Equity rises from €58,984 to €111,399.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€36,553
Net result drops to -€36,553, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €31,556
Net result €31,556 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €124,261 ▲34%
Equity rises from €92,704 to €124,261.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Begijnendijk · 1 establishment unit since 1996
Ground area
1,341 m²
Building footprint
272 m²
Volume, LiDAR
2,265 m³
2 parcels, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Wolvertemsesteenweg 21, 1785 Merchtem
since 19962.371.690.778
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24010A0170/00L000 | Flanders | 1,005 m² | 1 · 132 m² | 7.2 m · 2 fl. |
| 23602H0543/00P000 | Flanders | 337 m² | 1 · 139 m² | 16.1 m · 4 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
Luc VAN CAMPEN architectuur
BE 0876.573.756
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MAR-CO
BE 0668.358.110
Temse · Eq €111,310
Architectuuratelier Stijn Cloots
BE 0733.728.784
Geel · Eq €111,296
MVC-CAD Services
BE 0776.994.051
Antwerpen · Eq €111,630
ARCHITECTENBUREAU DO MODUS
BE 0886.501.608
Zonhoven · Eq €111,111
Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 5,454 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
Founded07-01-1997
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459575112
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.