Arco
ActiveSummary
Arco has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,193 and a net result of €33,392. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+3
Solvency88▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.63 in 2024; short-term debt: 27.7% and cash: 30.1% of total assets), and 37.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
62.7%
Return on assets
9.4%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-02-2026, 78 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
78 d early
2024
69 d early
2023
71 d early
2022
73 d early
2021
59 d early
2020
36 d early
2019
63 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 64 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€222,193▲ 17.7%
2024 · €188,801
Total assets
€354,590▼ 8.9%
2024 · €389,374
Net result
€33,392▲ 14.7%
2024 · €29,109
Working capital
€28,836▼ 68.9%
2024 · €92,652
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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-€20,883€3,904€17,902▲ 359%€40,751▲ 128%€49,056▲ 20.4%
Net result-€19,966below the sector's middle half-€237below the sector's middle half▲ 98.8%€14,118within the sector's middle half€29,109within the sector's middle half▲ 106%€33,392above the sector's middle half▲ 14.7%
Equity€145,811within the sector's middle half▼ 12.0%€145,574within the sector's middle half▼ 0.2%€159,692within the sector's middle half▲ 9.7%€188,801within the sector's middle half▲ 18.2%€222,193above the sector's middle half▲ 17.7%
Total assets€336,698below the sector's middle half=€451,118below the sector's middle half▲ 34.0%€321,254below the sector's middle half▼ 28.8%€389,374below the sector's middle half▲ 21.2%€354,590within the sector's middle half▼ 8.9%
Debt€190,887▲ 11.6%€305,544▲ 60.1%€161,562▼ 47.1%€200,573▲ 24.1%€132,397▼ 34.0%
Working capital€66,753▼ 29.8%€63,872▼ 4.3%€63,336▼ 0.8%€92,652▲ 46.3%€28,836▼ 68.9%
Solvency43.3%within the sector's middle half▼ 5.9pp32.3%within the sector's middle half▼ 11.0pp49.7%within the sector's middle half▲ 17.4pp48.5%within the sector's middle half▼ 1.2pp62.7%within the sector's middle half▲ 14.2pp
Staff (FTE)0.5below the sector's middle half=0.5below the sector's middle half=0.5below the sector's middle half=0.5below the sector's middle half=1▲ 100%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €354,590
Fixed assets
€227,546 ▲ 52.7%
Current assets
€127,044 ▼ 47.2%
Equity and liabilities €354,590
Equity
€222,193 ▲ 17.7%
Debt
€132,397 ▼ 34.0%
Debt's share of the balance-sheet total falls from 51.5% to 37.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84,115▲
2024 · €58,963
Cash flow
€68,452▲
2024 · €47,322
Current ratio
1.29▼
2024 · 1.63
Quick ratio
1.20▼
2024 · 1.57
Debt to equity
0.60▼
2024 · 1.06
ROE
15.0%▼
2024 · 15.4%
ROA
9.4%▲
2024 · 7.5%
Interest coverage
36.09▲
2024 · 19.90
Debt ≤ 1 year
€98,208▼
2024 · €147,750
Debt > 1 year
€34,189▼
2024 · €52,823
Income taxes
€13,350▲
2024 · €8,695
Staff costs
€29,528▲
2024 · €28,199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 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 0.3% 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 497,058 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% | 1.6% |
| 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 74% 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 31,324 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €22,835 | €28,516 | €28,199 | €29,528 | ▲ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,504 | €15,277 | €18,212 | €18,212 | €35,059 | ▲ 92.5% |
| Other operating charges640/8 | - | €3,838 | €3,265 | €4,126 | €3,468 | ▼ 16.0% |
| Gross operating margin9900 | €29,390 | €45,854 | €67,896 | €91,289 | €117,111 | ▲ 28.3% |
| Operating profit (loss)9901 | -€20,883 | €3,904 | €17,902 | €40,751 | €49,056 | ▲ 20.4% |
| Financial income75/76B | - | €156 | €32 | €16 | €17 | ▲ 12.8% |
| Recurring financial income75 | €284 | €156 | €32 | €16 | €17 | ▲ 12.8% |
| Financial charges65/66B | - | €4,137 | €3,540 | €2,963 | €2,331 | ▼ 21.3% |
| Recurring financial charges65 | €5,019 | €4,137 | €3,540 | €2,963 | €2,331 | ▼ 21.3% |
| Profit (loss) for the period before taxes9903 | -€16,986 | -€78 | €14,394 | €37,804 | €46,742 | ▲ 23.6% |
| Income taxes67/77 | €2,980 | €159 | €277 | €8,695 | €13,350 | ▲ 53.5% |
| Profit (loss) for the period9904 | -€19,966 | -€237 | €14,118 | €29,109 | €33,392 | ▲ 14.7% |
| Profit (loss) for the period to be appropriated9905 | -€19,966 | -€237 | €14,118 | €29,109 | €33,392 | ▲ 14.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €336,698 | €451,118 | €321,254 | €389,374 | €354,590 | ▼ 8.9% |
| Fixed assets21/28 | €184,096 | €185,397 | €167,185 | €148,972 | €227,546 | ▲ 52.7% |
| Tangible fixed assets22/27 | €184,012 | €185,313 | €167,101 | €148,889 | €227,463 | ▲ 52.8% |
| Land and buildings22 | - | €151,200 | €141,120 | €131,040 | €120,960 | ▼ 7.7% |
| Plant, machinery and equipment23 | - | €19,352 | €16,745 | €14,139 | €11,533 | ▼ 18.4% |
| Furniture and vehicles24 | - | €14,762 | €9,236 | €3,709 | €94,969 | ▲ 2,460% |
| Financial fixed assets28 | €84 | €84 | €84 | €84 | €84 | = |
| Current assets29/58 | €152,602 | €265,721 | €154,069 | €240,402 | €127,044 | ▼ 47.2% |
| Stocks and contracts in progress3 | €9,490 | €3,507 | €6,096 | €8,855 | €9,364 | ▲ 5.7% |
| Stocks30/36 | - | €3,507 | €6,096 | €8,855 | €9,364 | ▲ 5.7% |
| Amounts receivable within one year40/41 | €9,634 | €36,059 | €2,478 | €11,458 | €11,011 | ▼ 3.9% |
| Trade receivables40 | - | €33,223 | €434 | €11,458 | €6,944 | ▼ 39.4% |
| Other amounts receivable41 | - | €2,836 | €2,044 | - | €4,067 | - |
| Cash at bank and in hand54/58 | €133,478 | €225,687 | €145,496 | €220,090 | €106,669 | ▼ 51.5% |
| Deferred charges and accrued income490/1 | - | €468 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €336,698 | €451,118 | €321,254 | €389,374 | €354,590 | ▼ 8.9% |
| Equity10/15 | €145,811 | €145,574 | €159,692 | €188,801 | €222,193 | ▲ 17.7% |
| Contributions10/11 | €147,500 | €147,500 | €147,500 | €147,500 | €147,500 | = |
| Capital10 | - | €147,500 | €147,500 | €147,500 | €147,500 | = |
| Issued capital100 | - | €147,500 | €147,500 | €147,500 | €147,500 | = |
| Reserves13 | €19,122 | €19,122 | €14,750 | €41,301 | €74,693 | ▲ 80.9% |
| Non-distributable reserves130/1 | - | €14,750 | €14,750 | €14,750 | €14,750 | = |
| Legal reserve130 | - | €14,750 | €14,750 | €14,750 | €14,750 | = |
| Distributable reserves133 | - | €4,372 | - | €26,551 | €59,943 | ▲ 126% |
| Profit (loss) carried forward14 | -€20,811 | -€21,048 | -€2,558 | - | - | - |
| Amounts payable17/49 | €190,887 | €305,544 | €161,562 | €200,573 | €132,397 | ▼ 34.0% |
| Amounts payable after more than one year17 | €105,038 | €88,227 | €70,829 | €52,823 | €34,189 | ▼ 35.3% |
| Financial debts170/4 | - | €88,227 | €70,829 | €52,823 | €34,189 | ▼ 35.3% |
| Amounts payable within one year42/48 | €85,849 | €201,849 | €90,733 | €147,750 | €98,208 | ▼ 33.5% |
| Current portion of amounts payable after more than one year42 | - | €16,811 | €17,398 | €18,006 | €18,634 | ▲ 3.5% |
| Trade debts44 | €59,672 | €172,025 | €62,566 | €107,566 | €61,281 | ▼ 43.0% |
| Suppliers440/4 | - | €172,025 | €62,566 | €107,566 | €61,281 | ▼ 43.0% |
| Taxes, remuneration and social security45 | - | €13,013 | €10,769 | €22,179 | €18,293 | ▼ 17.5% |
| Taxes450/3 | - | €5,312 | €2,230 | €13,981 | €9,918 | ▼ 29.1% |
| Remuneration and social security454/9 | - | €7,701 | €8,539 | €8,198 | €8,374 | ▲ 2.2% |
| Accrued charges and deferred income492/3 | - | €15,468 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,966 | -€237 | €14,118 | €29,109 | €33,392 | ▲ 14.7% |
| + Depreciation and write-downs630 | €16,504 | €15,277 | €18,212 | €18,212 | €35,059 | ▲ 92.5% |
| Operating cash flow (approximation) | -€3,461 | €15,040 | €32,330 | €47,322 | €68,452 | ▲ 44.7% |
| Investment in fixed assets (approximation) | - | -€16,579 | €0 | €0 | -€113,633 | - |
| Change in cash | - | €92,209 | -€80,191 | €74,594 | -€113,421 | ▼ 252% |
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
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €33,392 ▲14.7%
Operating result €49,056, net result €33,392, both a record.
30-09
Financial
Equity above €200,000Eq €222,193 ▲17.7%
3 profitable years in a row build equity to €222,193.
20-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €14,118
Net result €14,118 after 2 loss-making years.
30-09
Financial
Equity above €150,000Eq €159,692 ▲9.7%
Equity rises from €145,574 to €159,692.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet -€19,966
Net result drops to -€19,966, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €2,709
Net result €2,709 after one loss-making year.
Show earlier events
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
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 10 acts read
About the unread acts
We know of 10 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
10 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, Beringen · 1 establishment unit since 1987
Ground area
1,955 m²
Building footprint
183 m²
Volume, LiDAR
1,076 m³
Parcel 71004A0586/00B000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARCO BRANDSTOFFEN
since 19872.022.917.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0586/00B000 | Flanders | 1,955 m² | 1 · 183 m² | 8.3 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.
Structure & network
Owners and holdings
1 ownerOwners 1
- Hans Paul Vanduerennatural personSourceown accounts 30-09-2024100%
Holdings 0
The accounts to 30-09-2024 list no holdings, and no other source names one.
According to the annual accounts to 30-09-2024 of Arco 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 current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 275 EUR awarded · 275 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 275 EUR | 275 EUR |
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Of 840 companies in sector 46810 we hold annual accounts for 475. 351 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-02-1987
Fiscal year end30-09
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430514308
Registered
28-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.