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ARCHITECTE BENOIT COURCELLES

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Private limited companyfounded 2014active for 12 yearsLuingnesteenweg(H) 441, 7712 Mouscron, BelgiumKBO/BCE: BE 0566.968.661

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-03-2026 PDF all 11 filings

Turnover
≈ €1.8m
Estimated: probably between €1.2m and €2.2m
Total assets
€764,805▼ 3.8%
2024 · €794,648
Net result
€352,510▼ 30.0%
2024 · €503,579
Working capital
€3,511▼ 99.2%
2024 · €457,439
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 11% lower than in 2024.

Operating result€572,483 2025 Net result€352,510 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€294,771-€376,073▲ 27.6%€395,364▲ 5.1%€242,680▼ 38.6%€411,738▲ 69.7%€324,058▼ 21.3%€640,359▲ 97.6%€572,483▼ 10.6%
Net result€212,342-€272,100▲ 28.1%€299,642above the sector's middle half▲ 10.1%€182,590above the sector's middle half▼ 39.1%€283,598above the sector's middle half▲ 55.3%€209,257above the sector's middle half▼ 26.2%€503,579above the sector's middle half▲ 141%€352,510above the sector's middle half▼ 30.0%
Equity€198,889-€198,889=€99,500within the sector's middle half▼ 50.0%€22,000below the sector's middle half▼ 77.9%€22,000below the sector's middle half=€127,250within the sector's middle half▲ 478%€631,854above the sector's middle half▲ 397%€125,564within the sector's middle half▼ 80.1%
Total assets€931,352-€583,844▼ 37.3%€609,833above the sector's middle half▲ 4.5%€474,951above the sector's middle half▼ 22.1%€481,106above the sector's middle half▲ 1.3%€587,306above the sector's middle half▲ 22.1%€794,648above the sector's middle half▲ 35.3%€764,805above the sector's middle half▼ 3.8%
Debt€732,462-€384,955▼ 47.4%€510,333▲ 32.6%€452,951▼ 11.2%€459,106▲ 1.4%€460,056▲ 0.2%€162,794▼ 64.6%€639,241▲ 293%
Working capital€91,529-€106,043▲ 15.9%-€19,479below the sector's middle half-€75,294below the sector's middle half▼ 287%-€63,346below the sector's middle half▲ 15.9%€528below the sector's middle half€457,439above the sector's middle half▲ 866×€3,511below the sector's middle half▼ 99.2%
Solvency21.4%-34.1%▲ 12.7pp16.3%below the sector's middle half▼ 17.7pp4.6%below the sector's middle half▼ 11.7pp4.6%below the sector's middle half▼ 0.1pp21.7%below the sector's middle half▲ 17.1pp79.5%above the sector's middle half▲ 57.8pp16.4%below the sector's middle half▼ 63.1pp
Current ratio1.14-1.31▲ 0.180.96below the sector's middle half▼ 0.350.82below the sector's middle half▼ 0.140.85below the sector's middle half▲ 0.031.00below the sector's middle half▲ 0.154.22within the sector's middle half▲ 3.221.01below the sector's middle half▼ 3.21
Return on assets (ROA)22.8%-46.6%▲ 23.8pp49.1%above the sector's middle half▲ 2.5pp38.4%above the sector's middle half▼ 10.7pp58.9%above the sector's middle half▲ 20.5pp35.6%above the sector's middle half▼ 23.3pp63.4%above the sector's middle half▲ 27.7pp46.1%above the sector's middle half▼ 17.3pp
Staff (FTE)1within the sector's middle half1=1=1=1=1=
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €764,805
Fixed assets €137,571 ▼ 29.5%
Current assets €627,234 ▲ 4.6%
Equity and liabilities €764,805
Equity €125,564 ▼ 80.1%
Debt €639,241 ▲ 293%
Debt's share of the balance-sheet total rises from 20.5% to 83.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€637,351▼
2024 · €686,414
Cash flow
€417,379▼
2024 · €549,634
Debt to equity
5.09▲
2024 · 0.26
ROE
280.7%▲
2024 · 79.7%
Interest coverage
11.91▼
2024 · 17.85
Debt ≤ 1 year
€623,724▲
2024 · €142,163
Debt > 1 year
€15,344▼
2024 · €20,631
Income taxes
€189,514▲
2024 · €101,603
Staff costs
€50,698▲
2024 · €49,049
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as ARCHITECTE BENOIT COURCELLES: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €664,000 and €926,000, founded between 2013 and 2016.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
ARCHITECTE BENOIT COURCELLES Mouscron2014€764,805€125,564€689,125€352,510-2025
BURO RR Wervik2013€853,728€233,629€598,004€232,91542025
Artea Concepts Anzegem2013€663,705€455,122€606,140€16,374-2025
Moyaert Van Buyten Architecten Vilvoorde2015€844,736€511,504€547,409€203,126-2025
SERVAIS ENGINEERING ARCHITECTURAL+partners Liège2014€859,937€394,070€529,737€109,500-2025
Architime Architects Hasselt2015€925,668€75,965€560,707€63,565-2025
B²ASC Deinze2016€675,929€382,062€619,553€229,6775.12025

They were chosen from the 6,489 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 5,053 companies had the same profile as ARCHITECTE BENOIT COURCELLES has now. Two years later, 1.6% had gone bankrupt and 95.9% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.4% stopped otherwise
95.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ARCHITECTE BENOIT COURCELLES itself is lower: 0.1% within 12 months. It rests on far more data about ARCHITECTE BENOIT COURCELLES than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,053 companies, not a prediction for ARCHITECTE BENOIT COURCELLES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines

Source: Annual accounts 2025 (PDF), filed on 30-03-2026.

Balance sheet Code20242025
Assets
Total assets20/58€794,648€764,805▼
Fixed assets21/28€195,046€137,571▼
Tangible fixed assets22/27€194,796€137,321▼
Land and buildings22€45,147€33,635▼
Plant, machinery and equipment23€32,772€29,552▼
Furniture and vehicles24€115,278€72,534▼
Other tangible fixed assets26€1,600€1,600=
Financial fixed assets28€250€250=
Current assets29/58€599,601€627,234▲
Amounts receivable within one year40/41€0€245,295▲
Trade receivables40€0€32,170▲
Other amounts receivable41€0€213,125▲
Cash at bank and in hand54/58€589,250€371,491▼
Deferred charges and accrued income490/1€10,352€10,448▲
Equity and liabilities
Total equity and liabilities10/49€794,648€764,805▼
Equity10/15€631,854€125,564▼
Contributions10/11€20,000€20,000=
Reserves13€611,854€105,564▼
Tax-exempt reserves132€210,500€105,250▼
Distributable reserves133€401,354€314▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€162,794€639,241▲
Amounts payable after more than one year17€20,631€15,344▼
Financial debts170/4€20,631€15,344▼
Amounts payable within one year42/48€142,163€623,724▲
Current portion of amounts payable after more than one year42€5,086€5,342▲
Trade debts44€12,394€4,416▼
Suppliers440/4€12,394€4,416▼
Taxes, remuneration and social security45€62,714€155,353▲
Taxes450/3€56,076€149,276▲
Remuneration and social security454/9€6,637€6,077▼
Other amounts payable47/48€61,970€458,613▲
Accrued charges and deferred income492/3€0€173▲
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€49,049€50,698▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,055€64,868▲
Other operating charges640/8€1,316€1,077▼
Gross operating margin9900€736,780€689,125▼
Operating profit (loss)9901€640,359€572,483▼
Financial income75/76B€3,273€23,039▲
Recurring financial income75€3,273€23,039▲
Financial charges65/66B€38,451€53,498▲
Recurring financial charges65€38,451€53,498▲
Profit (loss) for the period before taxes9903€605,181€542,024▼
Income taxes67/77€101,603€189,514▲
Profit (loss) for the period9904€503,579€352,510▼
Transfer to tax-exempt reserves689€105,250€0▼
Profit (loss) for the period to be appropriated9905€398,329€352,510▼
Appropriation of the result
Profit (loss) to be appropriated9906€398,329€352,510▼
Transfer from equity791/2-€611,540
Transfer to equity691/2€398,329€105,250▼
To other reserves6921€398,329€105,250▼
Profit to be distributed694/7€0€858,800▲
Return on contributions (dividend)694€0€853,800▲
Employees696€0€5,000▲

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0-€10,680€0--
Remuneration, social security and pensions62---€43,246€51,438€47,524€49,049€50,698▲ 3.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,915€28,319€20,038€31,060€32,713€20,735€46,055€64,868▲ 40.8%
Other operating charges640/8---€910€942€249€1,316€1,077▼ 18.2%
Gross operating margin9900€376,438€440,843€468,246€317,896€496,830€392,566€736,780€689,125▼ 6.5%
Operating profit (loss)9901€294,771€376,073€395,364€242,680€411,738€324,058€640,359€572,483▼ 10.6%
Financial income75/76B---€0€1€1,293€3,273€23,039▲ 604%
Recurring financial income75€568€2,209€51€0€1€1,293€3,273€23,039▲ 604%
Financial charges65/66B---€2,169€37,263€52,071€38,451€53,498▲ 39.1%
Recurring financial charges65€2,577€2,594€2,276€2,169€37,263€52,071€38,451€53,498▲ 39.1%
Profit (loss) for the period before taxes9903€292,762€375,688€393,138€240,512€374,476€273,281€605,181€542,024▼ 10.4%
Income taxes67/77€80,420€103,588€93,497€57,921€90,878€64,024€101,603€189,514▲ 86.5%
Profit (loss) for the period9904€212,342€272,100€299,642€182,590€283,598€209,257€503,579€352,510▼ 30.0%
Transfer from tax-exempt reserves789---€77,500€0----
Transfer to tax-exempt reserves689-----€105,250€105,250€0▼ 100%
Profit (loss) for the period to be appropriated9905€212,342€272,100€299,642€260,090€283,598€104,007€398,329€352,510▼ 11.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€931,352€583,844€609,833€474,951€481,106€587,306€794,648€764,805▼ 3.8%
Formation expenses20€0--------
Fixed assets21/28€162,699€136,559€158,489€132,404€115,850€152,521€195,046€137,571▼ 29.5%
Intangible fixed assets21€0--------
Tangible fixed assets22/27€161,449€136,309€158,239€132,154€115,600€152,271€194,796€137,321▼ 29.5%
Land and buildings22---€79,682€68,170€56,658€45,147€33,635▼ 25.5%
Plant, machinery and equipment23---€14,576€19,432€17,764€32,772€29,552▼ 9.8%
Furniture and vehicles24---€37,896€26,397€76,248€115,278€72,534▼ 37.1%
Other tangible fixed assets26----€1,600€1,600€1,600€1,600=
Financial fixed assets28€1,250€250€250€250€250€250€250€250=
Current assets29/58€768,653€447,285€451,344€342,547€365,256€434,785€599,601€627,234▲ 4.6%
Stocks and contracts in progress3€0--------
Amounts receivable within one year40/41€33,625€6,828€105,139€42,079€1,000€57,879€0€245,295-
Trade receivables40---€0€1,000€1,576€0€32,170-
Other amounts receivable41---€42,079€0€56,303€0€213,125-
Current investments50/53€612,393€262,244€227,277€207,725€0----
Cash at bank and in hand54/58€113,513€169,133€109,597€82,223€349,857€362,054€589,250€371,491▼ 37.0%
Deferred charges and accrued income490/1---€10,520€14,399€14,851€10,352€10,448▲ 0.9%
Equity and liabilities
Total equity and liabilities10/49€931,352€583,844€609,833€474,951€481,106€587,306€794,648€764,805▼ 3.8%
Equity10/15€198,889€198,889€99,500€22,000€22,000€127,250€631,854€125,564▼ 80.1%
Contributions10/11€20,000€20,000-€20,000€20,000€20,000€20,000€20,000=
Reserves13€178,889€178,889€79,500€2,000€2,000€107,250€611,854€105,564▼ 82.7%
Non-distributable reserves130/1---€2,000€2,000€0---
Reserves not available under the articles1311---€2,000€2,000€0---
Tax-exempt reserves132---€0-€105,250€210,500€105,250▼ 50.0%
Distributable reserves133-----€2,000€401,354€314▼ 99.9%
Profit (loss) carried forward14€0--€0€0€0€0€0-
Provisions and deferred taxes16€0--------
Amounts payable17/49€732,462€384,955€510,333€452,951€459,106€460,056€162,794€639,241▲ 293%
Amounts payable after more than one year17€55,338€43,713€39,510€35,110€30,504€25,681€20,631€15,344▼ 25.6%
Financial debts170/4---€35,110€30,504€25,681€20,631€15,344▼ 25.6%
Amounts payable within one year42/48€677,124€341,242€470,823€417,840€428,602€434,257€142,163€623,724▲ 339%
Current portion of amounts payable after more than one year42---€4,400€4,607€4,841€5,086€5,342▲ 5.0%
Financial debts43---€38€0----
Credit institutions430/8---€38€0----
Trade debts44€12,426€13,541€38,605€16,741€22,550€22,747€12,394€4,416▼ 64.4%
Suppliers440/4---€16,741€22,550€22,747€12,394€4,416▼ 64.4%
Taxes, remuneration and social security45---€63,928€79,001€30,094€62,714€155,353▲ 148%
Taxes450/3---€55,459€69,753€18,188€56,076€149,276▲ 166%
Remuneration and social security454/9---€8,469€9,248€11,907€6,637€6,077▼ 8.4%
Other amounts payable47/48---€332,733€322,445€376,575€61,970€458,613▲ 640%
Accrued charges and deferred income492/3-----€118€0€173-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€212,342€272,100€299,642€182,590€283,598€209,257€503,579€352,510▼ 30.0%
+ Depreciation and write-downs630€28,915€28,319€20,038€31,060€32,713€20,735€46,055€64,868▲ 40.8%
Operating cash flow (approximation)€241,257€300,419€319,680€213,650€316,310€229,992€549,634€417,379▼ 24.1%
Investment in fixed assets (approximation)--€2,178-€41,969-€4,975-€16,159-€57,406-€88,581-€7,393▲ 91.7%
Change in cash-€55,620-€59,536-€27,375€267,634€12,197€227,196-€217,759-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-03-2026 2026-00065357 PDF
31-12-2024 micro format 08-04-2025 2025-00066112 PDF
31-12-2023 micro format 31-10-2024 2024-00521588 PDF
31-12-2022 micro format 04-04-2023 2023-00053932 PDF
31-12-2021 micro format 27-06-2022 2022-20113408 PDF
31-12-2020 micro format 30-06-2021 2021-29200235 PDF
31-12-2019 micro format 26-08-2020 2020-44700452 PDF
31-12-2018 micro format 24-06-2019 2019-21900037 PDF
31-12-2017 micro format 25-06-2018 2018-22500263 PDF
31-12-2016 micro format 04-07-2017 2017-27000066 PDF

Show all 11 filings

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