Summary
ARCUS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €849,696 and a net result of €62,634. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 48% of 63 sector peers (NACE 64, financial year 2026). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
In the rankings
#9 oldest company in Ranst, Finance and insurance sector#10 company by equity in Ranst, Finance and insurance sector
Equity
€849,696▲ 8.0%
2024 · €787,063
Net result
€62,634▲ 235%
2024 · €18,685
Total assets
€1.4m▼ 4.2%
2024 · €1.4m
Solvency
62.3%▲ 7.0pp
2024 · 55.3%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 148% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2025
Net result€0.06m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2025
Equity€0.8m
2025
Debt€0.5m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency62.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.34
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.5
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.08m-€0.007m▼ 91.1%€0.01m▲ 69.1%€0.05m▲ 368%€0.2m▲ 179%€0.04m▼ 72.1%€0.1m▲ 148%
Net result€0.04m--€0.01mbelow the sector's middle half-€0.004mbelow the sector's middle half▲ 63.4%€0.02mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 345%€0.02mwithin the sector's middle half▼ 80.6%€0.06mwithin the sector's middle half▲ 235%
Equity€0.7m-€0.7mwithin the sector's middle half▼ 1.4%€0.7mwithin the sector's middle half▼ 0.5%€0.7mwithin the sector's middle half▲ 3.1%€0.8mwithin the sector's middle half▲ 13.5%€0.8mwithin the sector's middle half▼ 2.6%€0.8mwithin the sector's middle half▲ 8.0%
Total assets€1.4m-€1.3mwithin the sector's middle half▼ 4.7%€1.3mwithin the sector's middle half▼ 0.4%€1.6mwithin the sector's middle half▲ 25.7%€1.5mwithin the sector's middle half▼ 8.3%€1.4mwithin the sector's middle half▼ 3.9%€1.4mwithin the sector's middle half▼ 4.2%
Debt€0.7m-€0.6m▼ 8.3%€0.6m▼ 0.2%€0.9m▲ 51.9%€0.7m▼ 25.5%€0.6m▼ 5.5%€0.5m▼ 19.3%
Working capital€0.3m-€0.2mwithin the sector's middle half▼ 11.4%€0.3mwithin the sector's middle half▲ 16.1%€0.3mwithin the sector's middle half▼ 1.2%€0.3mwithin the sector's middle half▲ 1.6%€0.2mwithin the sector's middle half▼ 40.9%€0.2mwithin the sector's middle half▼ 6.5%
Solvency51.9%-53.8%within the sector's middle half▲ 1.8pp53.7%within the sector's middle half▼ 0.1pp44.0%within the sector's middle half▼ 9.7pp54.5%within the sector's middle half▲ 10.5pp55.3%within the sector's middle half▲ 0.7pp62.3%within the sector's middle half▲ 7.0pp
Current ratio4.00-4.44above the sector's middle half▲ 0.448.15above the sector's middle half▲ 3.713.93above the sector's middle half▼ 4.223.48above the sector's middle half▼ 0.452.23within the sector's middle half▼ 1.252.34within the sector's middle half▲ 0.10
Return on assets (ROA)3.2%--0.8%below the sector's middle half▼ 3.9pp-0.3%below the sector's middle half▲ 0.5pp1.3%within the sector's middle half▲ 1.6pp6.5%within the sector's middle half▲ 5.2pp1.3%within the sector's middle half▼ 5.2pp4.6%within the sector's middle half▲ 3.3pp
Staff (FTE)0.8-1within the sector's middle half▲ 25.0%0.3below the sector's middle half▼ 70.0%0.5within the sector's middle half▲ 66.7%0.7within the sector's middle half▲ 40.0%0.6within the sector's middle half▼ 14.3%0.5within the sector's middle half▼ 16.7%
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.1m ▼ 2.8%
Current assets
€275,623 ▼ 9.7%
Equity and liabilities €1.4m
Equity
€849,696 ▲ 8.0%
Debt
€514,440 ▼ 19.3%
Debt's share of the balance-sheet total falls from 44.7% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
7.4%▲
2024 · 2.4%
Debt ≤ 1 year
€117,975▼
2024 · €136,526
Debt > 1 year
€369,806▼
2024 · €477,621
Income taxes
€19,060▲
2024 · €9,092
Staff costs
€22,872▼
2024 · €25,030
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | €74,500 | €0 | €20,489 | - |
| Remuneration, social security and pensions62 | - | - | - | €18,834 | €26,671 | €25,030 | €22,872 | ▼ 8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,066 | €20,654 | €18,376 | €53,988 | €23,104 | €34,903 | €36,161 | ▲ 3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €26,971 | €3,583 | €10,315 | €5,814 | ▼ 43.6% |
| Gross operating margin9900 | €132,506 | €71,538 | €57,451 | €154,784 | €206,527 | €113,038 | €170,978 | ▲ 51.3% |
| Operating profit (loss)9901 | €78,375 | €6,946 | €11,746 | €54,991 | €153,169 | €42,791 | €106,132 | ▲ 148% |
| Financial income75/76B | - | - | - | €0 | - | €11,971 | €4,800 | ▼ 59.9% |
| Recurring financial income75 | - | - | €0 | €0 | - | €11,971 | €4,800 | ▼ 59.9% |
| Financial charges65/66B | - | - | - | €30,993 | €26,057 | €26,985 | €29,238 | ▲ 8.3% |
| Recurring financial charges65 | €20,594 | €16,586 | €15,071 | €30,993 | €26,057 | €26,985 | €29,238 | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | €57,781 | -€9,640 | -€3,325 | €23,999 | €127,112 | €27,777 | €81,694 | ▲ 194% |
| Income taxes67/77 | €14,827 | €264 | €298 | €2,361 | €30,872 | €9,092 | €19,060 | ▲ 110% |
| Profit (loss) for the period9904 | €42,954 | -€9,904 | -€3,622 | €21,638 | €96,240 | €18,685 | €62,634 | ▲ 235% |
| Profit (loss) for the period to be appropriated9905 | €42,954 | -€9,904 | -€3,622 | €21,638 | €96,240 | €18,685 | €62,634 | ▲ 235% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.4m | €1.3m | €1.3m | €1.6m | €1.5m | €1.4m | €1.4m | ▼ 4.2% |
| Fixed assets21/28 | €1.0m | €1.0m | €1.0m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 2.8% |
| Tangible fixed assets22/27 | €1.0m | €1.0m | €1.0m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 2.8% |
| Land and buildings22 | - | - | - | €1.2m | €0.9m | €1.0m | €0.9m | ▼ 2.3% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €269 | €65 | €0.004m | ▲ 6,570% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.2m | €0.1m | €0.1m | ▼ 8.7% |
| Current assets29/58 | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 9.7% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.2m | €0.2m | = |
| Other amounts receivable291 | - | - | - | - | - | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.04m | €0.04m | ▲ 20.0% |
| Trade receivables40 | - | - | - | €0.3m | €0.3m | €0.02m | €0.03m | ▲ 4.4% |
| Other amounts receivable41 | - | - | - | €0.005m | €0.005m | €0.01m | €0.02m | ▲ 50.8% |
| Cash at bank and in hand54/58 | €0.07m | €0.02m | €0.007m | €0.08m | €0.1m | €0.1m | €0.07m | ▼ 32.1% |
| Deferred charges and accrued income490/1 | - | - | - | €435 | €0.008m | €0.006m | €0.002m | ▼ 60.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.3m | €1.6m | €1.5m | €1.4m | €1.4m | ▼ 4.2% |
| Equity10/15 | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.8m | ▲ 8.0% |
| Contributions10/11 | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Capital10 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Issued capital100 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Reserves13 | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | ▲ 8.9% |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Legal reserve130 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Distributable reserves133 | - | - | - | €0.6m | €0.7m | €0.7m | €0.8m | ▲ 9.1% |
| Profit (loss) carried forward14 | - | - | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €0.7m | €0.6m | €0.6m | €0.9m | €0.7m | €0.6m | €0.5m | ▼ 19.3% |
| Amounts payable after more than one year17 | €0.5m | €0.5m | €0.5m | €0.8m | €0.6m | €0.5m | €0.4m | ▼ 22.6% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.09m | ▼ 32.7% |
| Other amounts payable178/9 | - | - | - | €0.5m | €0.4m | €0.3m | €0.3m | ▼ 18.7% |
| Amounts payable within one year42/48 | €0.09m | €0.07m | €0.04m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 13.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.06m | €0.04m | ▼ 22.8% |
| Trade debts44 | €0.001m | €0.006m | €0 | €0.001m | €0.003m | €0.01m | €0.003m | ▼ 77.0% |
| Suppliers440/4 | - | - | - | €0.001m | €0.003m | €0.01m | €0.003m | ▼ 77.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.05m | €0.03m | €0.03m | ▲ 7.6% |
| Taxes450/3 | - | - | - | €0.02m | €0.04m | €0.02m | €0.03m | ▲ 40.2% |
| Remuneration and social security454/9 | - | - | - | €0.001m | €0.008m | €0.007m | €0.001m | ▼ 83.9% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.005m | €0.04m | €0.04m | ▲ 6.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.001m | €0.02m | €0.03m | ▲ 14.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,954 | -€9,904 | -€3,622 | €21,638 | €96,240 | €18,685 | €62,634 | ▲ 235% |
| + Depreciation and write-downs630 | €21,066 | €20,654 | €18,376 | €53,988 | €23,104 | €34,903 | €36,161 | ▲ 3.6% |
| Operating cash flow (approximation) | €64,021 | €10,751 | €14,754 | €75,626 | €119,344 | €53,588 | €98,794 | ▲ 84.4% |
| Investment in fixed assets (approximation) | - | -€8,963 | -€5,325 | -€332,278 | €134,868 | -€72,159 | -€5,277 | ▲ 92.7% |
| Change in cash | - | -€42,836 | -€16,890 | €74,760 | €38,602 | -€17,395 | -€33,091 | ▼ 90.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | abbreviated format | 08-10-2025 | 2025-00537810 |
| 31-03-2024 | abbreviated format | 21-10-2024 | 2024-00511735 |
| 31-03-2023 | abbreviated format | 31-10-2023 | 2023-00502288 |
| 31-03-2022 | abbreviated format | 12-10-2022 | 2022-20459501 |
| 31-03-2021 | abbreviated format | 01-10-2021 | 2021-69800210 |
| 31-03-2020 | abbreviated format | 07-10-2020 | 2020-59300098 |
| 31-03-2019 | abbreviated format | 24-10-2019 | 2019-71100247 |
| 31-03-2018 | abbreviated format | 28-09-2018 | 2018-65400307 |
| 31-03-2017 | micro format | 28-09-2017 | 2017-63400185 |
| 31-03-2016 | abbreviated format | 29-09-2016 | 2016-62800400 |
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Of the 24,462 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,970. 13,027 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 · 1 entry · €1,512 awarded · €1,512 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.