ARCOMA
ActiveSummary
ARCOMA has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,508 and a net result of -€14,665. Equity is shrinking by about 8.7% per year across the filed financial years. Its solvency ranks better than 94% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €46,508
- Loss
- -€14,665
Why 94raises riskLoss of €14,665 (financial year 2025)lowers riskLiquidity: current ratio 5.94, cash €11,723Founded in 1988Equity €46,508 (93.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 86% on liquidity, 4% on profitability and 19% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €1,696
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €14,576 in 2025 against €10,347 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,835 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,018 | €8,848 | €7,949 | €6,821 | €5,156 | €5,095 | €4,680 | €4,500 | ▼ 3.9% |
| Other operating charges640/8 | - | - | - | €1,006 | €2,069 | €1,660 | €1,331 | €5,545 | ▲ 317% |
| Gross operating margin9900 | €3,985 | €8,003 | -€5,321 | €25,827 | €6,220 | -€5,335 | -€4,336 | -€4,531 | ▼ 4.5% |
| Operating profit (loss)9901 | -€6,005 | -€2,548 | -€14,633 | €18,000 | -€1,005 | -€12,090 | -€10,347 | -€14,576 | ▼ 40.9% |
| Financial income75/76B | - | - | - | €15 | - | - | €12,069 | - | - |
| Recurring financial income75 | €77 | €0 | - | €15 | - | - | €1 | - | - |
| Non-recurring financial income76B | - | - | - | - | - | - | €12,068 | - | - |
| Financial charges65/66B | - | - | - | €127 | €151 | €172 | €26 | €89 | ▲ 241% |
| Recurring financial charges65 | €114 | €115 | €124 | €127 | €151 | €172 | €26 | €89 | ▲ 241% |
| Profit (loss) for the period before taxes9903 | -€6,042 | -€2,663 | -€14,757 | €17,889 | -€1,156 | -€12,262 | €1,696 | -€14,665 | - |
| Income taxes67/77 | - | - | - | €12 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€6,042 | -€2,663 | -€14,757 | €17,877 | -€1,156 | -€12,262 | €1,696 | -€14,665 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,042 | -€2,663 | -€14,757 | €17,877 | -€1,156 | -€12,262 | €1,696 | -€14,665 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €179,130 | €89,754 | €72,483 | €95,556 | €89,099 | €77,385 | €64,501 | €49,918 | ▼ 22.6% |
| Fixed assets21/28 | €60,688 | €53,014 | €47,365 | €42,564 | €37,408 | €32,313 | €29,335 | €29,658 | ▲ 1.1% |
| Tangible fixed assets22/27 | €60,688 | €53,014 | €47,365 | €42,564 | €37,408 | €32,313 | €29,335 | €29,658 | ▲ 1.1% |
| Land and buildings22 | - | - | - | €34,091 | €30,822 | €27,615 | €24,756 | €26,766 | ▲ 8.1% |
| Plant, machinery and equipment23 | - | - | - | €7,457 | €5,940 | €4,424 | €4,578 | €2,892 | ▼ 36.8% |
| Furniture and vehicles24 | - | - | - | €1,016 | €645 | €274 | - | - | - |
| Current assets29/58 | €118,442 | €36,740 | €25,118 | €52,992 | €51,691 | €45,072 | €35,166 | €20,260 | ▼ 42.4% |
| Amounts receivable within one year40/41 | €5,302 | €5,320 | €5,308 | €21,248 | €12,693 | €12,222 | €12,464 | €8,537 | ▼ 31.5% |
| Trade receivables40 | - | - | - | €21,248 | €11,846 | €11,846 | €11,846 | €8,060 | ▼ 32.0% |
| Other amounts receivable41 | - | - | - | - | €847 | €376 | €618 | €477 | ▼ 22.8% |
| Current investments50/53 | €70,519 | €5,759 | €5,759 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €42,621 | €24,901 | €13,407 | €31,745 | €38,032 | €31,829 | €22,702 | €11,723 | ▼ 48.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €966 | €1,021 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €179,130 | €89,754 | €72,483 | €95,556 | €89,099 | €77,385 | €64,501 | €49,918 | ▼ 22.6% |
| Equity10/15 | €162,438 | €69,775 | €55,018 | €72,895 | €71,739 | €59,477 | €61,173 | €46,508 | ▼ 24.0% |
| Contributions10/11 | €96,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €66,150 | €63,359 | €48,359 | €66,359 | €65,359 | €53,259 | €53,259 | €40,259 | ▼ 24.4% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | - | €64,500 | €63,500 | €51,400 | €53,259 | €40,259 | ▼ 24.4% |
| Profit (loss) carried forward14 | €88 | €216 | €459 | €336 | €180 | €18 | €1,714 | €49 | ▼ 97.1% |
| Amounts payable17/49 | €16,691 | €19,979 | €17,465 | €22,661 | €17,359 | €17,908 | €3,328 | €3,409 | ▲ 2.5% |
| Amounts payable within one year42/48 | €16,691 | €19,979 | €17,465 | €22,661 | €17,359 | €17,908 | €3,328 | €3,409 | ▲ 2.5% |
| Trade debts44 | €12,098 | €13,806 | €12,892 | €12,068 | €12,688 | €14,275 | €1,328 | €1,409 | ▲ 6.1% |
| Suppliers440/4 | - | - | - | €12,068 | €12,688 | €14,275 | €1,328 | €1,409 | ▲ 6.1% |
| Taxes, remuneration and social security45 | - | - | - | €5,863 | €35 | - | - | - | - |
| Taxes450/3 | - | - | - | €5,863 | €35 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €4,730 | €4,636 | €3,633 | €2,000 | €2,000 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,042 | -€2,663 | -€14,757 | €17,877 | -€1,156 | -€12,262 | €1,696 | -€14,665 | - |
| + Depreciation and write-downs630 | €9,018 | €8,848 | €7,949 | €6,821 | €5,156 | €5,095 | €4,680 | €4,500 | ▼ 3.9% |
| Operating cash flow (approximation) | €2,975 | €6,185 | -€6,808 | €24,698 | €4,000 | -€7,167 | €6,376 | -€10,165 | - |
| Investment in fixed assets (approximation) | - | -€1,174 | -€2,300 | -€2,020 | €0 | €0 | -€1,701 | -€4,823 | ▼ 183% |
| Change in cash | - | -€17,720 | -€11,494 | €18,338 | €6,288 | -€6,203 | -€9,127 | -€10,979 | ▼ 20.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 38 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00182155 |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00180693 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00392929 |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00360517 |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20203212 |
| 31-12-2020 | micro format | 25-08-2021 | 2021-54700441 |
| 31-12-2019 | micro format | 24-08-2020 | 2020-44100165 |
| 31-12-2018 | micro format | 26-08-2019 | 2019-50600151 |
| 31-12-2017 | micro format | 03-07-2018 | 2018-27400482 |
| 31-12-2016 | micro format | 06-07-2017 | 2017-28300337 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DUYCK Géry Marc Louis Henri Philippe |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
23-04
Gazette deed
Resignation: DUYCK Géry Marc Louis Henri Philippe (director)Appointment: DUYCK Géry Marc Louis Henri Philippe (director) · Legal-form conversion · Capital14 facts ▸
- General meeting, 11-04-2024
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening, onbeschikbare niet-opgevraagde inbreng” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Other provision, “TITEL III. EFFECTEN” (deed in Dutch)
- Power of attorney, Fabienne FEVERY
- Other provision, “raadpleging gecoördineerde statuten, https://statuten.notaris.be” (deed in Dutch)
- Registered office clause, “bevestiging met eenparigheid van stemmen, Nekkersputstraat 41,9000 Gent” (deed in Dutch)
- Director resignation, DUYCK Géry Marc Louis Henri Philippe (director)
- Director discharge, DUYCK Géry Marc Louis Henri Philippe
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44816K0915/00L004 | Flanders | 269 m² | 1 · 83 m² | 13.1 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Beheer van roerende of onroerende goederen in eigen naam of in opdracht van derden; Ontwikkeling van onroerende projecten in binnen- en…” (deed in Dutch)
9 activities (deed in Dutch)
- Beheer van roerende of onroerende goederen in eigen naam of in opdracht van derden
- Ontwikkeling van onroerende projecten in binnen- en buitenland in eigen naam of in opdracht van derden
- Coördinatie van bouwprojecten in eigen naam of in opdracht van derden
- Aan- en verkoop van immobiliën in eigen naam of in opdracht van derden
- Bouwen in eigen naam of in opdracht van derden van onroerende goederen voor wederverkoop of als belegging
- Het uitvoeren van studies,vaststellingen,berekeningen,expertises,het verstrekken van adviezen en het leveren van bijstand op alle gebied die betrekking hebben op de burgerlijke bouwkunde in de breedste betekenis van het woord
- Computerondersteuning of -begeleiding in eigen naam of in opdracht van derden
- Tarificatie in eigen naam of in opdracht van derden
- Het verlenen van administratieve diensten allerhande aan derden
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ARCOMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Overblijvende bestuurders mogen nieuwe bestuurder coöpteren bij openval plaats vóór einde mandaat in collegiaal orgaan, eerstvolgende…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “750, gelijk recht in winstverdeling” (deed in Dutch)“Aandeelhouders mogen kennis nemen betreffende hun effecten, register van aandelen op naam gehouden op zetel” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moet blijken uit geschreven stuk, nietigheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Verdeling aandelen of afgifte legaten, beslissing algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)“Voorwaarden opgenomen in WVV” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook indien geen andere vereffenaar benoemd, bestuurder(s)in functie krachtens statuten” (deed in Dutch)