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ARCOM

Active Private limited companyfounded 1999active for 27 yearsVlamingveld 41 E, 8490 JabbekeKBO/BCE: BE 0467.052.030 subsidiary of BRANDBEVEILIGING MARLIER
Part of the group ANSUL 19 companies in 6 countries
See the group

Lifetime

19 annual accounts with figures on one time axis, 26 filings since 2000
peak €621,379 (2025)
€621,379▲ 22.2%
lowest -€16,736 (2023)
€41,191▲ 13.0%
peak €277,872 (2025)
€277,872▲ 17.4%
€988,571▲ 12.9%
peak 6.1 FTE (2025)
6.1 FTE▲ 17.3%
Board8 names since 2018
3 directorsAFL Management SRL and 2 others
Owners3 names in the annual accounts
99.87%BRANDBEVEILIGING MARLIER and 1 other
Documentsfilings and deeds
16-06-202645 days before the deadline
2025financial year
Gross margin from €508,429 to €621,379Staff from 5.2 FTE to 6.1 FTE3 directors reappointed 04-02Equity from €236,681 to €277,872Cash from €77,912 to €32,692

Key points

from the 2025 annual accounts

Turnover

≈ €1.4m estimated

The accounts state no turnover.

Debts

€988,571 78% of the balance sheet
Financial debts 58%Suppliers 15%Taxes and wages 9%Other 18%

Of this, €411,071 falls due within a year.

Staff

7 employees on 31-12-2025
132021012022112023642024422025

In 2025, 4 people joined and 2 left.

Checked score

66
Healthy
Financially stronger than 37% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.1%▼ -0.1 percentage points vs 03-2025lowest value 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: 0.7%▲ +0.6 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 1.0%▼ -0.7 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026

Financial strength
Average

47+1equity 21.9% of total assets
39-9short-term debt 32.5% · cash 2.6%
67+10return on assets 3.3%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.37, cash €32,692, halved
Equity €277,872 (21.9% of total assets)
lowers risk
Founded in 1999
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 23% of them on solvency, 28% on liquidity, 33% on profitability and 65% on growth.

The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 3,984 companies had the same profile as ARCOM has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

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

That fits the bankruptcy probability of ARCOM itself: 1.0% within 12 months.

Test of the method

The method was tested on the 497,447 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 3,984 companies, not a prediction for ARCOM. 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 €18,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.37 (1.47 in 2024), below the usual 1.5. Short-term debt is 32.5% and cash 2.6% of total assets. 78.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.37, cash €32,692, halved
NBB · annual accounts
raises risk · Equity €277,872 (21.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2463 sector peers (2025).
NBB · sector comparison
Position among 2463 sector peers
Solvency
better than 23%
← weakest strongest →
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
16 days early
2023
41 days early
2022
2 days early
2021
2 days early
2020
11 days late
2019
1 day 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 14 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AM
Director, Xavier Mignolet, since 15-06-2023
MS
Director, since 15-06-2023
RP
Director, since 15-06-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0467052030
3 directors appointed AFL Management SRL, Richard POLLARD and Martin STRUYF · Permanent representative: Xavier Mignolet · General meeting of 30-06-2025 · Gazette deed
3 directors reappointed AFL Management SRL, Richard POLLARD and Martin STRUYF · Permanent representative: Xavier Mignolet · General meeting of 21-05-2024 · Gazette deed
Appointment: Grant Thornton Bedrijfsrevisoren (statutory auditor) Permanent representative: Xavier MIGNOLET · General meeting of 18-12-2023 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
ARCOM Jabbeke €1.3m €621,379 21.9% 6.1
LUXATEC Jabbeke €1.1m €621,716 64.4% 6.3
TO FIX Antwerp €1.4m €612,568 8.7% 5.7
TELELINK Scherpenheuvel-Zichem €1.5m €523,536 56.7% 6
ELOTEC Hoogstraten €1.3m €720,259 73.1% 5.8
VACAL Wevelgem €1.2m €559,523 92.5% 4.8
INTEC Houthulst €1.7m €532,534 76.7% 5.5

These companies have the same main activity as ARCOM: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 1994 and 2002.

Official details

Source: KBO
Status
Active since 13-10-1999Normal situation
Activity
General electrical installation workNACE 43211and 2 others
Joint committees
149Sectors related to metal, mechanical and electrical engineering
200Auxiliary committee for white-collar workers · annual accounts 30-09-2022
Establishment unit
2.131.870.1568490 Jabbeke, since 10-04-2003
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€1.3m▲ 13.8%
Employeeson 31-12-2025
7▲ 40.0%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Companies linked to ARCOM

Insights on ARCOM

ARCOM has existed since 1999. The gross margin grew from €92,185 in 2007 to €621,379 in 2025 and staff from 1.8 to 6.1 full-time equivalents.

The gross margin has grown every year since 2022.

BRANDBEVEILIGING MARLIER holds all the shares.

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 ARCOM

What is the company number of ARCOM?
The company number of ARCOM is 0467.052.030. The VAT number is the same number with BE in front: BE 0467.052.030.
Where is ARCOM based?
The registered office is at Vlamingveld 41 E, 8490 Jabbeke.Company details
What does ARCOM do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ARCOM?
ARCOM is a private limited company (BV).
When was ARCOM founded?
ARCOM was founded on 13-10-1999.
Is ARCOM still active?
Yes, ARCOM is an active enterprise in the KBO register.
How many employees does ARCOM have?
ARCOM had an average of 6.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ARCOM fall under?
In its 30-09-2022 annual accounts, ARCOM states joint committees 149 (Sectors related to metal, mechanical and electrical engineering) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of ARCOM?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €621,379 and 35 comparable companies (NACE 43211). It probably lies between €1.2m and €1.7m.
Is ARCOM profitable?
In financial year 2025, ARCOM made a profit of €41,191.
Where can I find the annual accounts of ARCOM?
ARCOM filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARCOM due?
ARCOM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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