ARCOSME
ActiveSummary
The computed 12-month bankruptcy probability of ARCOSME is 4.7% (elevated). For ARCOSME, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €14k and a net result of €12k. Its solvency ranks better than 88% of 4287 sector peers (fiscal year 2021). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability100=
Solvency100▲+61
Growth52
Track record100
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
80%
Return on assets
67.3%
Age of the figures
57 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-10-2022, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
92 d late
2020
81 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€14k▲ 530%
2020 · €2k
2020: €2k
2021: €14k▲ +530% vs 2020
2020 → 2021
Total assets
€18k▲ 8.0%
2020 · €16k
2020: €16k
2021: €18k▲ +8.0% vs 2020
2020 → 2021
Net result
€12k▼ 9.7%
2020 · €13k
2020: €13k
2021: €12k▼ -9.7% vs 2020
2020 → 2021
Working capital
€10k
2020 · €-2k
2020: €-2k
2021: €10k▲ +722% vs 2020
2020 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€2k-€14k▲ 530%
2020: €2k
2021: €14k▲ +530% vs 2020
Operating result€13k-€12k▼ 9.0%
2020: €13k
2021: €12k▼ -9.0% vs 2020
Net result€13k-€12k▼ 9.7%
2020: €13k
2021: €12k▼ -9.7% vs 2020
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 9% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €18k
Fixed assets
€4k ▼ 4.0%
Current assets
€14k ▲ 11.8%
Equity and liabilities €18k
Equity
€14k ▲ 530%
Debt
€4k ▼ 74.9%
Debt's share of the balance-sheet total falls from 86.3% to 20.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2020 · €13k
Cash flow
€13k▼
2020 · €13k
Current ratio
3.93▲
2020 · 0.88
Debt to equity
0.25
ROE
84.1%▼
2020 · 586.9%
ROA
67.3%▼
2020 · 80.5%
Interest coverage
92.24
Debt ≤ 1 year
€4k▼
2020 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 30 lines
Balance sheet
Code20202021
Assets
Total assets20/58€16k€18k▲
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€4k€4k▼
Plant, machinery and equipment23-€4k
Current assets29/58€13k€14k▲
Amounts receivable within one year40/41€871€11k▲
Trade receivables40-€11k
Other amounts receivable41-€110
Cash at bank and in hand54/58€12k€3k▼
Equity and liabilities
Total equity and liabilities10/49€16k€18k▲
Equity10/15€2k€14k▲
Profit (loss) carried forward14€2k€14k▲
Amounts payable17/49€14k€4k▼
Amounts payable within one year42/48€14k€4k▼
Trade debts44€3k€338▼
Suppliers440/4-€338
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48-€2k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61€1k▲
Gross operating margin9900€14k€13k▼
Operating profit (loss)9901€13k€12k▼
Financial charges65/66B-€146
Recurring financial charges65€55€146▲
Profit (loss) for the period before taxes9903€13k€12k▼
Profit (loss) for the period9904€13k€12k▼
Profit (loss) for the period to be appropriated9905€13k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€14k
Profit (loss) brought forward from the previous period14P-€2k
Return on contributions (dividend)694€11k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61 | €1k | ▲ 2,053% |
| Gross operating margin9900 | €14k | €13k | ▼ 2.1% |
| Operating profit (loss)9901 | €13k | €12k | ▼ 9.0% |
| Financial charges65/66B | - | €146 | - |
| Recurring financial charges65 | €55 | €146 | ▲ 167% |
| Profit (loss) for the period before taxes9903 | €13k | €12k | ▼ 9.7% |
| Profit (loss) for the period9904 | €13k | €12k | ▼ 9.7% |
| Profit (loss) for the period to be appropriated9905 | €13k | €12k | ▼ 9.7% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16k | €18k | ▲ 8.0% |
| Fixed assets21/28 | €4k | €4k | ▼ 4.0% |
| Tangible fixed assets22/27 | €4k | €4k | ▼ 4.0% |
| Plant, machinery and equipment23 | - | €4k | - |
| Current assets29/58 | €13k | €14k | ▲ 11.8% |
| Amounts receivable within one year40/41 | €871 | €11k | ▲ 1,119% |
| Trade receivables40 | - | €11k | - |
| Other amounts receivable41 | - | €110 | - |
| Cash at bank and in hand54/58 | €12k | €3k | ▼ 71.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16k | €18k | ▲ 8.0% |
| Equity10/15 | €2k | €14k | ▲ 530% |
| Profit (loss) carried forward14 | €2k | €14k | ▲ 530% |
| Amounts payable17/49 | €14k | €4k | ▼ 74.9% |
| Amounts payable within one year42/48 | €14k | €4k | ▼ 74.9% |
| Trade debts44 | €3k | €338 | ▼ 87.3% |
| Suppliers440/4 | - | €338 | - |
| Taxes, remuneration and social security45 | - | €1k | - |
| Taxes450/3 | - | €1k | - |
| Other amounts payable47/48 | - | €2k | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €12k | ▼ 9.7% |
| + Depreciation and write-downs630 | €61 | €1k | ▲ 2,053% |
| Operating cash flow (approximation) | €13k | €13k | ▼ 0.3% |
| Investment in fixed assets (approximation) | - | €-1k | - |
| Change in cash | - | €-8k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 3.93
Current ratio from 0.88 to 3.93; short-term debt falls from €14k to €4k.
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 81 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tenneville · 1 establishment unit since 2020
Ground area
4,866 m²
Building footprint
455 m²
Volume, LiDAR
2,126 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Rue de la Vieille-Eglise 1b, 6970 Tenneville
since 20202.301.737.744
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83049A0598/00D000 | Wallonia | 4,214 m² | 1 · 148 m² | - |
| 83049A0578/00E000 | Wallonia | 652 m² | 1 · 307 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JARDI CONCEPT & C°
BE 0828.741.571
La Bruyère · Eq €14,215
Deckers Quentin
BE 1010.193.731
Lierneux · Eq €14,201
MILIEUWERKEN
BE 0800.363.331
Nijlen · Eq €14,269
J & J
BE 1010.418.514
Nieuwpoort · Eq €14,276
Tuinen De Wingerd
BE 0554.884.045
Deinze · Eq €14,302
Of 21,213 companies in sector 81300 we hold annual accounts for 4,364. 2,831 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
43990Other specialised construction activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.