Equity
€128,645 ▼ 7.0%
ARCO - H has made a profit without a break since 2017.
ARCO - H
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1997peak €218,987 (2007)
€42,001▼ 53.0%
lowest -€45,015 (2009)
€26,538▼ 56.7%
peak €192,130 (2008)
€128,645▼ 7.0%
€65,315▼ 17.9%
peak 4.8 FTE (2007)
-not published
Board3 names since 2017
2 directorsHARRIS Michael and 1 other
Documentsfilings and deeds
09-01-202622 days before the deadline
2025micro format
Turnover from €197,763 to €151,865Gross margin from €89,304 to €42,001Result from €61,344 to €26,538Debts from €79,528 to €65,315
Key points
from the 2025 annual accountsFilings
29 annual accounts since 1997
The last five annual accounts were filed 8 to 42 days before the end of the period.
Checked score
96
Excellent
Financially stronger than 64% of micro companies in specialised construction (NACE 43)
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: 0.7% across 47,696 companies (NACE 43, 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%▲ +0.1 percentage points 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 05-2025
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 12-2025highest value
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%▼ -0.1 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: < 0.1%▼ -0.1 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 3.20, cash €126,997
Equity €128,645 (66.3% of total assets)
Founded in 1996
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 43, micro). It does better than 72% of them on solvency, 86% on liquidity, 76% on profitability and 23% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
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, 31,368 companies had the same profile as ARCO - H has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARCO - H itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 31,368 companies, not a prediction for ARCO - H. 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 €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.2 (2.78 in 2024), above the usual 1.5. Short-term debt is 28.5% and cash 65.5% of total assets. 33.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
8 days early
2023
42 days early
2022
41 days early
2021
24 days early
2020
3 days early
2019
4 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 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 7 January (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
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0457025594
Reappointments: HARRIS Michael (director) and HARRIS Alison (director)
“Les travaux de consultance dans les domaines scientifiques et plus particulièrement dans le domaine de la…” (deed in French) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 23-01-2020 · Gazette deed
Appointment: Alison Harris (director)
General meeting of 07-03-2017 · Gazette deed
New establishment in Walcourt
ARCO, Route de Philippeville 94
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARCO - H Cerfontaine | €193,959 | €42,001 | 66.3% | - |
| Vancraenenbroeck entrepreneurs Eghezée | €195,383 | €54,243 | 35.2% | - |
| ABC - MOVABLE BUILDING SYSTEMS Awans | €200,960 | €44,694 | -67.4% | 2.3 |
| DIRITEC Heusden-Zolder | €210,680 | €44,253 | 81.3% | - |
| SEGERS en CIE Lennik | €183,122 | €49,196 | 95.5% | - |
| D & S Lille | €226,859 | €42,567 | 70.9% | - |
| ROVI Zulte | €215,874 | €50,917 | 68.0% | - |
These companies have the same main activity as ARCO - H: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €183,000 and €227,000, founded between 1993 and 1998.
Official details
Source: KBO- Status
- Active since 17-01-1996Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment units
- 2.075.164.0555630 Cerfontaine, since 13-02-1996
- 2.113.493.9035651 Walcourt, since 03-09-2002
- Financial year end
- 30 June
- Peppol
- Reachable since 04-12-2025
Annual accounts to 30-06-2025
- €193,959▼ 10.9%
- Filing
- Filed on 09-01-2026, 22 days before the end of the filing period
Insights on ARCO - H
ARCO - H files the micro format. That format states no turnover. The gross margin fell from €218,987 in 2007 to €42,001 in 2025.
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 - H
- What is the company number of ARCO - H?
- The company number of ARCO - H is 0457.025.594. The VAT number is the same number with BE in front: BE 0457.025.594.
- Where is ARCO - H based?
- The registered office is at Rue de Bethléem 20, 5630 Cerfontaine.Company details
- What does ARCO - H do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of ARCO - H?
- ARCO - H is a private limited company (BV).
- When was ARCO - H founded?
- ARCO - H was founded on 17-01-1996.
- Is ARCO - H still active?
- Yes, ARCO - H is an active enterprise in the KBO register.
- What is the turnover of ARCO - H?
- The turnover of ARCO - H was €151,865 in financial year 2025, according to the filed annual accounts.Financials
- Is ARCO - H profitable?
- In financial year 2025, ARCO - H made a profit of €26,538.
- Where can I find the annual accounts of ARCO - H?
- ARCO - H filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARCO - H due?
- ARCO - H must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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