Equity
€248,088 ▲ 2.4%
ARCO has made a profit in every financial year since 2006.
ARCO
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994Gross marginpeak €98,176 (2022)
€27,135▲ 6.3%
Resultpeak €62,910 (2022)
€5,917▼ 17.9%
Equitypeak €248,088 (2025)
€248,088▲ 2.4%
Debts
€7,777▲ 164%
Board3 names since 2021
3 directorsHubert Colla and 2 others
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Debts from €2,944 to €7,777Investments €63,880Cash from €60,355 to €119,300
Key points
from the 2025 annual accountsTurnover
≈ €72,000 estimated
The accounts state no turnover.
Investments
€63,880 5.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 96.7% higher than in 2024.
Liquidity
16.86 was 58.47 in 2024
Short-term debts rose from €2,944 to €7,777.
Filings
32 annual accounts since 1994
The last five annual accounts were filed 38 to 58 days before the end of the period.
Position in the sector
97.0%
Higher solvency than 95% of companies in advertising and market research. Sector median 44.3% · 2,087 companies.
Checked score
96
Excellent
Financially stronger than 69% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 16.86, cash €119,300
Equity €248,088 (97.0% of total assets)
Founded in 1994
Size: total assets €255,865
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 87% of them on solvency, 97% on liquidity, 42% on profitability and 50% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as ARCO has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARCO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 17,041 companies, not a prediction for ARCO. 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.
Credit verdict
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 16.86 (58.47 in 2024), above the usual 1.5. Short-term debt is 3% and cash 46.6% of total assets. 3% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
58 days early
2023
57 days early
2022
54 days early
2021
47 days early
2020
53 days early
2019
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452630704
Amendment of the articles
General meeting of 12-12-2023 · Gazette deed
3 directors reappointed
Peter Colla (managing director and chair of the board), Vera Arits and Hubert Colla · General meeting of 05-06-2023 · Gazette deed
First establishment
Waterstraat 78, Bilzen-Hoeselt
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ARCO Bilzen-Hoeselt | €255,865 | €27,135 | 97.0% | - |
| TECHNO-SOFT Woluwe-Saint-Pierre | €252,195 | €27,014 | 81.0% | - |
| CORPORATE La Hulpe | €234,919 | €27,056 | -27.4% | - |
| SHERMANN Ghent | €238,236 | €34,430 | 88.3% | - |
| BRZ MANAGEMENT Seraing | €200,946 | €27,587 | 81.2% | - |
| GE.VE Brussels | €258,196 | €25,922 | 64.0% | - |
| SININDIS Woluwe-Saint-Lambert | €256,594 | €19,512 | 98.5% | - |
These companies have the same main activity as ARCO: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €201,000 and €258,000, founded between 1992 and 1997.
Official details
Source: KBO- Status
- Active since 02-05-1994Normal situation
- Activity
- Market research and public opinion pollingNACE 73200and 2 others
- Establishment unit
- 2.067.158.3873740 Bilzen-Hoeselt, since 15-06-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- Total assets
- €255,865▲ 4.4%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on ARCO
ARCO files the abbreviated format. That format states no turnover. The gross margin rose from €18,607 in 2006 to €27,135 in 2025.
In July 2023, the Official Gazette published the appointment of Peter Colla as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARCO
- What is the company number of ARCO?
- The company number of ARCO is 0452.630.704. The VAT number is the same number with BE in front: BE 0452.630.704.
- Where is ARCO based?
- The registered office is at Waterstraat 78, 3740 Bilzen-Hoeselt.Company details
- What does ARCO do?
- According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
- What is the legal form of ARCO?
- ARCO is a public limited company (NV).
- When was ARCO founded?
- ARCO was founded on 02-05-1994.
- Is ARCO still active?
- Yes, ARCO is an active enterprise in the KBO register.
- What is the turnover of ARCO?
- The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €27,135 and 45 comparable companies (NACE 73). It probably lies between €50,000 and €96,000.Financials
- Is ARCO profitable?
- In financial year 2025, ARCO made a profit of €5,917.
- Where can I find the annual accounts of ARCO?
- ARCO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARCO due?
- ARCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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