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ARCORA INGEROP BELGIUM

Active Private limited companyfounded 2019active for 7 yearsKantersteen 47, 1000 BrusselsKBO/BCE: BE 0733.604.961 subsidiary of INGEROP ENGINEERING

Lifetime

7 annual accounts with figures on one time axis
peak €130,725 (2025)
€130,725▲ 864%
peak €57,346 (2019)
€514▼ 94.5%
peak €161,665 (2025)
€161,665▲ 0.3%
€283,376▼ 60.1%
peak 1 FTE (2025)
1 FTE 
Board6 names since 2019
4 directorsBLANC Christophe and 3 others
Owners
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €13,558 to €130,725Result from €9,263 to €514Company renamed from INGEROP BELGIUM to ARCORA INGEROP BELGIUM 19-09Debts from €710,147 to €283,376Cash from €127,868 to €240,274

Key points

from the 2025 annual accounts

Equity

€161,665 ▲ 0.3%

ARCORA INGEROP BELGIUM has made a profit in every financial year since 2019.

Turnover

≈ €260,000 estimated

The accounts state no turnover.

Investments

€7,470 12.8 × depreciation

Green is investment, beige is depreciation.

Filings

7 annual accounts 1 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came 28 days late. The other six were filed on time.

Checked score

87
Excellent
Financially stronger than 37% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).

About 2 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 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.2 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 1.3%▲ +1.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.5%▲ +0.1 percentage points vs 04-2026 06-2026: 1.4%▼ -0.1 percentage points vs 05-2026 07-2026: 1.6%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 1.0%▼ -0.6 percentage points vs 07-2026 09-2026: 0.2%▼ -0.8 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

61+18equity 36.3% of total assets
66+37short-term debt 63.7% · cash 54.0%
36-4return on assets 0.1%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.52, cash €240,274
Figures for financial year 2025 (filed on 06-07-2026)
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 71, micro). It does better than 35% of them on solvency, 54% on liquidity, 17% on profitability and 41% 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 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, 5,047 companies had the same profile as ARCORA INGEROP BELGIUM has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

The bankruptcy probability of ARCORA INGEROP BELGIUM itself is lower: 0.2% within 12 months. It rests on far more data about ARCORA INGEROP BELGIUM than the profile alone.

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.

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 5,047 companies, not a prediction for ARCORA INGEROP BELGIUM. 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 €14,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.52 (1.37 in 2024), above the usual 1.5. Short-term debt is 63.7% and cash 54% of total assets. However, 63.7% 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
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 1.52, cash €240,274
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 06-07-2026)
NBB · annual accounts
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 06-07-2026, 25 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
25 days early
2024
107 days early
2023
69 days early
2022
98 days early
2021
62 days early
2020
87 days early
2019
28 days late
← 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 60 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 24 May (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 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

SP
Managing director
BC
Director, since 02-09-2019
MY
Director, since 02-09-2019
VE
Director, since 09-09-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0733604961
Company renamed from INGEROP BELGIUM to ARCORA INGEROP BELGIUM Registered office moved from Charleroi to Brussels · New registered office: Cantersteen 47, 1000 Bruxelles · Previous registered office: Rue Antoine de Saint-Exupéry 14, 6041 Charleroi · General meeting of 09-09-2025 · Gazette deed
Registered office moved from Uccle to Charleroi New registered office: Rue Antoine de Saint-Exupéry 14, 6041 Charleroi · Previous registered office: Chaussée de Waterloo 1151, 1180 Uccle · Board meeting of 24-06-2024 · Gazette deed
New managing director Stéphane Potin appointed, René Cuignon resigned · General meeting of 28-04-2021 · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
ARCORA INGEROP BELGIUM Brussels €445,040 €130,725 36.3% 1
HATEC ENGINEERING Zonhoven €421,818 €141,469 70.9% 1.3
ABO MINERALS Lummen €355,534 €116,542 31.0% 0.8
ILUVIA Waregem €383,167 €182,405 45.4% 1.2
Roof Support Sint-Laureins €660,211 €150,893 12.4% 1
ALL ENGINEERING Bilzen-Hoeselt €414,496 €191,932 23.5% 1.9
Winthrop Technologies Belgium Brussels €660,196 €105,996 75.6% 0

These companies have the same main activity as ARCORA INGEROP BELGIUM: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €356,000 and €660,000, founded between 2017 and 2021.

Official details

Source: KBO
Status
Active since 02-09-2019Normal situation
Registered office
265 active companies are registered at this address27 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Establishment unit
2.361.281.9851000 Brussels, since 02-09-2019
Financial year end
31 December
Peppol
Reachable since 18-06-2026
Company details

Annual accounts 2025

€445,040▼ 48.9%
Employeeson 31-12-2025
3
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on ARCORA INGEROP BELGIUM

ARCORA INGEROP BELGIUM files the abbreviated format. That format states no turnover. The gross margin rose from €86,514 in 2019 to €130,725 in 2025.

In November 2021, the Official Gazette published the appointment of Stéphane Potin 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 ARCORA INGEROP BELGIUM

What is the company number of ARCORA INGEROP BELGIUM?
The company number of ARCORA INGEROP BELGIUM is 0733.604.961. The VAT number is the same number with BE in front: BE 0733.604.961.
Where is ARCORA INGEROP BELGIUM based?
The registered office is at Kantersteen 47, 1000 Brussels.Company details
What does ARCORA INGEROP BELGIUM do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of ARCORA INGEROP BELGIUM?
ARCORA INGEROP BELGIUM is a private limited company (BV).
When was ARCORA INGEROP BELGIUM founded?
ARCORA INGEROP BELGIUM was founded on 02-09-2019.
Is ARCORA INGEROP BELGIUM still active?
Yes, ARCORA INGEROP BELGIUM is an active enterprise in the KBO register.
How many employees does ARCORA INGEROP BELGIUM have?
ARCORA INGEROP BELGIUM had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ARCORA INGEROP BELGIUM?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €130,725 and 53 comparable companies (NACE 711). It probably lies between €200,000 and €400,000.
Is ARCORA INGEROP BELGIUM profitable?
In financial year 2025, ARCORA INGEROP BELGIUM made a profit of €514.
Where can I find the annual accounts of ARCORA INGEROP BELGIUM?
ARCORA INGEROP BELGIUM filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARCORA INGEROP BELGIUM due?
ARCORA INGEROP BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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