ARCTICO
Open bankruptcyA bankruptcy procedure is open for ARCTICO according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-123k) and a net result of €1k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 24647 sector peers (2023).
NBB · sector comparisonPosition among 24647 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-06-2024, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
54 d early
2022
312 d late
2021
215 d late
2020
559 d late
2019
138 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-123k▲ 1.0%
2022 · €-124k
2018: €24k
2019: €30k
2020: €-93k
2021: €-92k
2022: €-124k
2018 → 2023
Total assets
€224k▼ 9.8%
2022 · €249k
2018: €352k
2019: €279k
2020: €281k
2021: €260k
2022: €249k
2018 → 2023
Net result
€1k
2022 · €-33k
2018: €36k
2019: €6k
2020: €-123k
2021: €2k
2022: €-33k
2018 → 2023
Working capital
€-143k▲ 0.9%
2022 · €-144k
2018: €-26k
2019: €-8k
2020: €-114k
2021: €-111k
2022: €-144k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€30k-€-93k€-92k▲ 1.9%€-124k▼ 35.6%€-123k▲ 1.0%
Operating result€40k-€284k▲ 617%€-5k€-7k▼ 41.6%€-3k▲ 60.6%
Net result€6k-€-123k€2k€-33k€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2023 against €7k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €224k
Fixed assets
€20k=
Current assets
€205k▼ 10.7%
Key figures and ratios
Solvency
-54.8%▼
2022 · -49.9%
Current ratio
0.59▼
2022 · 0.61
Quick ratio
0.59▼
2022 · 0.61
Debt / equity
-2.82▲
2022 · -3.00
ROE
-1.0%▼
2022 · 26.2%
ROA
0.6%▲
2022 · -13.1%
Debt
€347k▼
2022 · €373k
Debt ≤ 1 year
€347k▼
2022 · €373k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€249k€224k▼
Fixed assets21/28€20k€20k=
Financial fixed assets28€20k€20k=
Current assets29/58€229k€205k▼
Amounts receivable within one year40/41€201k€200k▼
Trade receivables40€5k€5k=
Other amounts receivable41€196k€195k▼
Cash at bank and in hand54/58€29k€293▼
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€249k€224k▼
Equity10/15€-124k€-123k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€15k€15k=
Profit (loss) carried forward14€-148k€-147k▲
Amounts payable17/49€373k€347k▼
Amounts payable within one year42/48€373k€347k▼
Financial debts43-€4
Credit institutions430/8-€4
Trade debts44€274k€272k▼
Suppliers440/4€274k€272k▼
Taxes, remuneration and social security45€24k€333▼
Taxes450/3€24k€333▼
Other amounts payable47/48€74k€74k=
Income statement
Code20222023
Other operating charges640/8€50-
Gross operating margin9900€-7k€-3k▲
Operating profit (loss)9901€-7k€-3k▲
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€325€1k▲
Recurring financial charges65€325€1k▲
Profit (loss) for the period before taxes9903€-1k€1k▲
Income taxes67/77€31k-
Profit (loss) for the period9904€-33k€1k▲
Profit (loss) for the period to be appropriated9905€-33k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-148k€-147k▲
Profit (loss) brought forward from the previous period14P€-115k€-148k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 312 days late
27-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · ARCTICO BV TIENSEVEST 10, 3000 LEUVEN · event 21-03-2024
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
03-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 215 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 559 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2020
31-12
Financial
Weakest financial yearnet €-123k ▼2179%
Net result drops to €-123k, the lowest in the series.
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 65 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tiensevest 103000 LeuvenGround area
354 m²
Building footprint
354 m²
Volume, LiDAR
2,889 m³
Parcel 24502B0003/00N003, Flanders · tallest building 19.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARCTICO
since 20062.152.769.597
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0003/00N003 | Flanders | 354 m² | 1 · 354 m² | 19.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS HERSELTSE-
STEENWEG 5, 3200 AARSCHOT |
21-03-2024 → present |
| Curator | GUNTHER
PEETERS HERSELTSESTEENWEG 5, 3200 AARSCHOT- |
21-03-2024 → present |
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EL HALAL
BE 0446.803.972
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FAMILY GROS MARKET
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INTERCELLES
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Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 4,363 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-03-2006
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
52113
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.