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Arcsec

Active
Public limited companyfounded 20206 years activePhilipssite 5, 3001 Leuven, BelgiumKBO/BCE: BE 0745.758.566
Summary

Arcsec has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €301,290. Equity is growing by ~39.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 1,671 sector peers (NACE 62, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
2 sites
Size
€5.2mtotal assets 2025
Staff
17.8 FTE
Equity
€3.1m
Profit
€301,290
Net result -71%: other schema
Financial health
96 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Accounts on time1 of 3 deeds read
Why 96- 1 change of registered office in 24 months+ Sector Computer programming, consultancy and related activities (NACE 62)+ Size: 17.8 FTE, total assets €5.2m+ Liquidity: current ratio 4.18, cash €647,228, halvedShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 62, small)
Financial strength · tick = 2024
Strong
Solvency 84-8
equity 58.7% of total assets
Liquidity 61-32
short-term debt 17.1% · cash 12.4%
Profitability 65-35
return on assets 5.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,157 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €290,000 at 30 days acceptable
Liquidity ample (current ratio 4.18 against 3.79 in 2024; short-term debt: 17.1% and cash: 12.4% of total assets), and 41.3% of the assets are financed with debt.
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 62, small): better than 71% on solvency, 74% on liquidity, 45% on profitability and 68% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: 17.8 FTE, total assets €5.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.18, cash €647,228, halved
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
14 days late
2023
1 day late
2022
20 days early
2021
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025different schema filed ▼ 71.2% View
  • Positive: Among the best 19% on equitysector median €425,856 · 1,670 companies €3.1m View
  • Positive: 5 profitable years in a rowprofit 2025: €301,290 5 years View
  • EU research moneyEU contribution €2.1m View

By topic

Financials

Fiscal year
2025
Total assets
€5.2m
Profit
€301,290
Solvency
58.7%
Total assets▲ 38.4%
Net result
20212025
Go to Financials

Timeline

Events
9
Since
2022
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result since 2021
  2. 31-12-2024Equity above €2m
  3. 01-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Computer programmingNACE 62100
Founded
01-04-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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