ARCooling
ActiveSummary
The computed 12-month bankruptcy probability of ARCooling is 5.6% (elevated). The 2025 annual accounts show equity of €16,390 and a net result of -€30,658. Equity has been growing by about 17% per year since 2023. Its solvency ranks better than 13% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-09-2022 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 2 others
- Establishment unit
- 2.337.202.429 6001 Charleroi, since 26-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 27-09-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.6%
- Gross margin
- €43,195
- ▼ 76.2%
- Turnover
- ≈ €250,000
- estimated
- Loss
- €30,658
- Equity
- €16,390
- ▼ 80.9%
- Total assets
- €183,946
- ▼ 25.7%
- Employees on 31-12-2025
- 3
- ▲ 200%
- 2025 accounts filed 59 days after the deadline
Score breakdownraises riskLast filed accounts filed 59 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthsLoss of €30,658 (financial year 2025)lowers riskFigures for financial year 2025 (filed on 28-09-2026)Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 13% of them on solvency, 17% on liquidity, 4% on profitability and 5% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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Signals
The company filed its last 3 accounts on average 93 days after 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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-09-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €32,918, after a profit of €101,359 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 3 |
| full-time | 1 | 3 |
| in full-time equivalents | 1 | 3 |
| Average over the year, in full-time equivalents | 1.8 | 2.3 |
| On a permanent contract | - | 2 |
| Joined | 2 | 3 |
| Left | 3 | 1 |
| Training hours | 2,500 | 1,360 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €37,107 | €54,787 | €1,510 |
| Depreciation and write-downs of the year | €5,229 | €4,520 | €4,259 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €37,990 | €50,046 | €64,525 | ▲ 28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,229 | €4,520 | €4,259 | ▼ 5.8% |
| Other operating charges640/8 | €1,481 | €25,403 | €5,932 | ▼ 76.6% |
| Non-recurring operating charges66A | - | €427 | €1,397 | ▲ 227% |
| Gross operating margin9900 | €49,077 | €181,755 | €43,195 | ▼ 76.2% |
| Operating profit (loss)9901 | €4,378 | €101,359 | -€32,918 | - |
| Financial income75/76B | €92 | €43 | €22 | ▼ 49.0% |
| Recurring financial income75 | €92 | €43 | €22 | ▼ 49.0% |
| Financial charges65/66B | €2,907 | €5,266 | €5,332 | ▲ 1.3% |
| Recurring financial charges65 | €2,907 | €5,266 | €5,332 | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | €1,563 | €96,136 | -€38,229 | - |
| Income taxes67/77 | €832 | €21,061 | -€7,571 | - |
| Profit (loss) for the period9904 | €731 | €75,075 | -€30,658 | - |
| Profit (loss) for the period to be appropriated9905 | €731 | €75,075 | -€30,658 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €166,793 | €247,709 | €183,946 | ▼ 25.7% |
| Fixed assets21/28 | €31,878 | €17,986 | €11,689 | ▼ 35.0% |
| Tangible fixed assets22/27 | €31,878 | €17,986 | €11,689 | ▼ 35.0% |
| Plant, machinery and equipment23 | €1,062 | €502 | €1,105 | ▲ 120% |
| Furniture and vehicles24 | €13,968 | €1,976 | €1,502 | ▼ 24.0% |
| Leasing and similar rights25 | €15,000 | €13,854 | €7,624 | ▼ 45.0% |
| Other tangible fixed assets26 | €1,848 | €1,654 | €1,459 | ▼ 11.7% |
| Current assets29/58 | €134,915 | €229,723 | €172,256 | ▼ 25.0% |
| Stocks and contracts in progress3 | €32,799 | €38,680 | €49,495 | ▲ 28.0% |
| Stocks30/36 | €32,799 | €38,680 | €49,495 | ▲ 28.0% |
| Amounts receivable within one year40/41 | €10,805 | €147,375 | €72,377 | ▼ 50.9% |
| Trade receivables40 | - | €94,530 | €27,478 | ▼ 70.9% |
| Other amounts receivable41 | €10,805 | €52,845 | €44,900 | ▼ 15.0% |
| Cash at bank and in hand54/58 | €32,728 | €22,659 | €9,059 | ▼ 60.0% |
| Deferred charges and accrued income490/1 | €58,583 | €21,009 | €41,325 | ▲ 96.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €166,793 | €247,709 | €183,946 | ▼ 25.7% |
| Equity10/15 | €10,731 | €85,805 | €16,390 | ▼ 80.9% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €731 | €75,805 | €6,390 | ▼ 91.6% |
| Amounts payable17/49 | €156,062 | €161,903 | €167,556 | ▲ 3.5% |
| Amounts payable after more than one year17 | €42,452 | €62,717 | €63,267 | ▲ 0.9% |
| Financial debts170/4 | €42,452 | €62,717 | €63,267 | ▲ 0.9% |
| Amounts payable within one year42/48 | €97,884 | €96,971 | €101,226 | ▲ 4.4% |
| Current portion of amounts payable after more than one year42 | €12,701 | €23,002 | €30,751 | ▲ 33.7% |
| Financial debts43 | - | €375 | - | - |
| Credit institutions430/8 | - | €375 | - | - |
| Trade debts44 | €81,949 | €51,568 | €55,115 | ▲ 6.9% |
| Suppliers440/4 | €76,551 | €51,568 | €55,115 | ▲ 6.9% |
| Bills of exchange payable441 | €5,398 | - | - | - |
| Taxes, remuneration and social security45 | €3,234 | €22,025 | €15,360 | ▼ 30.3% |
| Taxes450/3 | €2,526 | €21,146 | €14,437 | ▼ 31.7% |
| Remuneration and social security454/9 | €708 | €879 | €924 | ▲ 5.1% |
| Accrued charges and deferred income492/3 | €15,727 | €2,216 | €3,063 | ▲ 38.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €731 | €75,075 | -€30,658 | - |
| + Depreciation and write-downs630 | €5,229 | €4,520 | €4,259 | ▼ 5.8% |
| Operating cash flow (approximation) | €5,959 | €79,595 | -€26,399 | - |
| Investment in fixed assets (approximation) | - | €9,372 | €2,038 | ▼ 78.3% |
| Change in cash | - | -€10,069 | -€13,600 | ▼ 35.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 757 companies had the same profile as ARCooling has now. Two years later, 86.8% were still going and 7.9% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARCooling itself: 5.6% 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 757 companies, not a prediction for ARCooling. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- ARIANO Giuliano 10,000 shares (100%) · in cash
Capital transactions
- 28-09-2022 Incorporation · €10,000 · 10,000 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ARIANO Giuliano |
|
| Justine Hanset |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 28-09-2022 (in French)
Network & group
ARCooling shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ARCooling. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-05
Gazette deed
Registered office moved from Aiseau-Presles to MarcincelleResignation: HANSET JUSTINE (director) · Director discharge5 points ▸
- General meeting, 10-03-2026
- Director resignation, HANSET JUSTINE (director)
- Director discharge, HANSET JUSTINE (director)
- Registered-office move, N°16 rue des Mésanges 6001 Marcincelle
- General meeting, 18:30, “meeting closed” (deed in French)
27-03
Gazette deed
Registered office moved from Châtelet to AiseauDirector in office3 points ▸
- General meeting, 14-02-2023
- Registered-office move, n°29 de la Rue Taïenne à 6250 AISEAU
- Director in office, Ariano Giuliano (director)
07-11
Gazette deed
Appointment: Justine Hanset (deuxième administrateur/administratrice)2 points ▸
- General meeting, 26-09-2022
- Director appointment, Justine Hanset (deuxième administrateur/administratrice)
28-09
Gazette deed
IncorporationStarting capital €10,000 · Appointment: ARIANO Giuliano (sole director) · Founder13 points ▸
- Incorporation, 26-09-2022
- Founder, ARIANO Giuliano
- Founding capital, €10,000
- Bank account, 10000, EUR
- Other provision, 14-09-2022
- Other provision, “notaire, avertissement sur responsabilité des fondateurs” (deed in French)
- Other provision, “arrêt des statuts, arrêter les statuts” (deed in French)
- Other provision, “Titre I. Forme légale – Dénomination – Siège – Objet – Durée” (deed in French)
- Capital
- Registered office clause, “6200 Châtelet Rue de Loverval 606” (deed in French)
- Board rule, “administrateur unique”, 1 (deed in French)
- Director appointment, ARIANO Giuliano (sole director)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
ARCooling was incorporated on 26 September 2022 as a private limited company by one natural person, with a starting capital of €10,000.12 The registered office moved to Aiseau in 2023 and to Marcincelle in 2026.34 ARIANO Giuliano is sole director of the company, appointed in the act of 28-09-2022.2 Total assets rose from €166,793 in 2023 to €183,946 in 2025.5
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Rue de Loverval 606, 6200 Châtelet until 14-02-2023 · act of 27-03-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
4 activities
- L’achat,la vente,la fabrication et la réparation de tous équipements et installations de systèmes de chauffage,de climatisation et de ventilation ou conditionnement d’air (sauf chauffage) (code Nace 43.222)
- L’achat,la vente,la fabrication,la réparation et la construction de chambres froides,chambres fortes,etc. (code Nace 43.999)
- L’achat,la vente,la construction,la réparation et l’élaboration de projets faisant appel au génie acoustique,aux techniques de climatisation,de réfrigération,de l’assainissement et de la lutte contre la pollution (code Nace 71.121)
- Le pouvoir de souscrire une assurance groupe.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0791.391.722
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52392C0756/00M012 | Wallonia | 935 m² | 1 · 218 m² | 20.3 m · 2 |