ARCHIPEL HOLDING
ActiveSummary
ARCHIPEL HOLDING has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,030 and a net result of -€10,004. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 9436 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
What stands out
Overview
0 of 5 deeds readAccounts 31 d earlyTurnover not published (abridged schema)
Why 51- Annual accounts: weaker financial profile- Persistent losses+ Lower-failure-rate sector+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability32▲+2
Solvency53▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.0 in 2024; short-term debt: 72% and cash: 0.4% of total assets), and 72% 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
raises risk · 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 2025Solvency, return and age of the figures
Solvency
28%
Return on assets
-2.2%
Age of the figures
17 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€10,004
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 30-10-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
16 d early
2023
1 d early
2022
40 d early
2021
40 d early
2020
6 d early
2019
11 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 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today. Usually files around 30 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-04-2026 close01-10-2026 today30-11-2026 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Weakest financial yearnet -€13,757
Financials
Fiscal year 2025Total assets €458,063Loss -€10,004Solvency 28.0%Liquidity 0.01
Total assets
€458,063▲ 0.2%
2019 - 2025
Net result
-€10,004▲ 27.3%
2019 - 2025
Equity
€128,030▼ 7.2%
2019 - 2025
Solvency
28.0%▼ 2.3pp
2019 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,193▼ 93.4%€8,946▲ 308%€8,004▼ 10.5%-€6,741-€1,459▲ 78.4%
Net result-€7,614within the sector's middle half-€621within the sector's middle half▲ 91.8%-€579within the sector's middle half▲ 6.9%-€13,757within the sector's middle half▼ 2,278%-€10,004within the sector's middle half▲ 27.3%
Equity€152,991within the sector's middle half▼ 4.7%€152,370within the sector's middle half▼ 0.4%€151,792within the sector's middle half▼ 0.4%€138,035within the sector's middle half▼ 9.1%€128,030within the sector's middle half▼ 7.2%
Total assets€462,817below the sector's middle half▼ 1.1%€459,421below the sector's middle half▼ 0.7%€464,885below the sector's middle half▲ 1.2%€457,008below the sector's middle half▼ 1.7%€458,063below the sector's middle half▲ 0.2%
Debt€309,826▲ 0.8%€307,051▼ 0.9%€313,093▲ 2.0%€318,974▲ 1.9%€330,032▲ 3.5%
Working capital-€302,906below the sector's middle half▼ 2.6%-€303,527below the sector's middle half▼ 0.2%-€304,305below the sector's middle half▼ 0.3%-€318,027below the sector's middle half▼ 4.5%-€328,031below the sector's middle half▼ 3.1%
Solvency33.1%within the sector's middle half▼ 1.3pp33.2%within the sector's middle half▲ 0.1pp32.7%within the sector's middle half▼ 0.5pp30.2%within the sector's middle half▼ 2.4pp28.0%within the sector's middle half▼ 2.3pp
Current ratio0.02below the sector's middle half▼ 0.020.01below the sector's middle half▼ 0.010.03below the sector's middle half▲ 0.020.00below the sector's middle half▼ 0.030.01below the sector's middle half=
Return on assets (ROA)-1.6%below the sector's middle half▼ 6.3pp-0.1%within the sector's middle half▲ 1.5pp-0.1%within the sector's middle half=-3.0%below the sector's middle half▼ 2.9pp-2.2%below the sector's middle half▲ 0.8pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,459 in 2025 against €6,741 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €458,063
Fixed assets
€456,097 =
Current assets
€1,966 ▲ 116%
Equity and liabilities €458,063
Equity
€128,030 ▼ 7.2%
Debt
€330,032 ▲ 3.5%
Debt's share of the balance-sheet total rises from 69.8% to 72.0%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
Debt to equity
2.58▲
2024 · 2.31
ROE
-7.8%▲
2024 · -10.0%
Debt ≤ 1 year
€329,997▲
2024 · €318,938
Income taxes
€40▼
2024 · €136
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €550 | €637 | €924 | €387 | ▼ 58.1% |
| Gross operating margin9900 | €2,339 | €9,496 | €8,641 | -€5,817 | -€1,072 | ▲ 81.6% |
| Operating profit (loss)9901 | €2,193 | €8,946 | €8,004 | -€6,741 | -€1,459 | ▲ 78.4% |
| Financial income75/76B | - | - | - | €1,630 | - | - |
| Recurring financial income75 | - | - | - | €1,630 | - | - |
| Financial charges65/66B | - | €9,504 | €8,485 | €8,511 | €8,505 | ▼ 0.1% |
| Recurring financial charges65 | €9,279 | €9,504 | €8,485 | €8,511 | €8,505 | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | -€7,085 | -€558 | -€481 | -€13,621 | -€9,964 | ▲ 26.8% |
| Income taxes67/77 | €528 | €63 | €98 | €136 | €40 | ▼ 70.5% |
| Profit (loss) for the period9904 | -€7,614 | -€621 | -€579 | -€13,757 | -€10,004 | ▲ 27.3% |
| Profit (loss) for the period to be appropriated9905 | -€7,614 | -€621 | -€579 | -€13,757 | -€10,004 | ▲ 27.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €462,817 | €459,421 | €464,885 | €457,008 | €458,063 | ▲ 0.2% |
| Fixed assets21/28 | €456,097 | €456,097 | €456,097 | €456,097 | €456,097 | = |
| Financial fixed assets28 | €456,097 | €456,097 | €456,097 | €456,097 | €456,097 | = |
| Current assets29/58 | €6,720 | €3,324 | €8,788 | €912 | €1,966 | ▲ 116% |
| Amounts receivable within one year40/41 | €6,600 | - | €7,890 | - | - | - |
| Trade receivables40 | - | - | €7,637 | - | - | - |
| Other amounts receivable41 | - | - | €253 | - | - | - |
| Cash at bank and in hand54/58 | €120 | €3,324 | €898 | €912 | €1,966 | ▲ 116% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €462,817 | €459,421 | €464,885 | €457,008 | €458,063 | ▲ 0.2% |
| Equity10/15 | €152,991 | €152,370 | €151,792 | €138,035 | €128,030 | ▼ 7.2% |
| Contributions10/11 | - | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Reserves13 | €5,500 | €5,500 | €5,500 | €5,500 | €73,030 | ▲ 1,228% |
| Non-distributable reserves130/1 | - | €5,500 | €5,500 | €5,500 | - | - |
| Reserves not available under the articles1311 | - | €5,500 | €5,500 | €5,500 | - | - |
| Distributable reserves133 | - | - | - | - | €73,030 | - |
| Profit (loss) carried forward14 | €92,491 | €91,870 | €91,292 | €77,535 | - | - |
| Amounts payable17/49 | €309,826 | €307,051 | €313,093 | €318,974 | €330,032 | ▲ 3.5% |
| Amounts payable within one year42/48 | €309,626 | €306,851 | €313,093 | €318,938 | €329,997 | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €289,593 | €297,961 | €306,328 | €314,696 | ▲ 2.7% |
| Trade debts44 | €4,011 | €11,077 | €4,502 | €9,274 | €9,955 | ▲ 7.3% |
| Suppliers440/4 | - | €11,077 | €4,502 | €9,274 | €9,955 | ▲ 7.3% |
| Taxes, remuneration and social security45 | - | €6,181 | €10,630 | €3,336 | €5,347 | ▲ 60.3% |
| Taxes450/3 | - | €2,181 | €4,630 | €3,336 | €5,347 | ▲ 60.3% |
| Remuneration and social security454/9 | - | €4,000 | €6,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | €200 | - | €36 | €36 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,614 | -€621 | -€579 | -€13,757 | -€10,004 | ▲ 27.3% |
| Operating cash flow (approximation) | -€7,614 | -€621 | -€579 | -€13,757 | -€10,004 | ▲ 27.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,204 | -€2,427 | €14 | €1,054 | ▲ 7,479% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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KINGS INVEST
BE 0477.010.168
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PROPRIUS
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MARLIEN
BE 0806.457.208
Boom · Eq €130,043
Of 1,529 companies in this sector we hold annual accounts for 744. 564 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-04-2025 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the annual accounts to 30-04-2025 of ARCHIPEL HOLDING 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 directors read yet: 0 of 5 Gazette acts processed.
Timeline
13 eventsLatest 30-10-2025Next filing 30-11-2026
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-04
Financial
Weakest financial yearnet -€13,757
Net result drops to -€13,757, the lowest in the series; recovery starts the following year.
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-04
Financial
Highest result since 2019net €21,633 ▲207%
Operating result €33,449, net result €21,633, both a record.
30-04
Financial
Equity above €150,000Eq €160,605 ▲15.6%
2 profitable years in a row build equity to €160,605.
2019
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Company details
Private limited company · founded 17-03-2010Year ends 30-04Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded17-03-2010
Fiscal year end30-04
Activities, NACEBEL 2025
68322Real estate appraisal on a fee or contract basis
68310Real estate agency activities
79110Travel agency activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824139516
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Hechtel-Eksel · 1 establishment unit since 2010
Ground area
1,043 m²
Building footprint
65 m²
Volume, LiDAR
380 m³
Parcel 72013B0086/00F002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Archipel Holding
since 2010unit no. 2.186.800.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013B0086/00F002 | Flanders | 1,042 m² | 1 · 65 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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