ARETECDE HOLDING
ActiveSummary
ARETECDE HOLDING has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96k and a net result of €-5k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability28▼-49
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.36 against 4.49 in 2023; short-term debt: 22.9% and cash: 4.8% of total assets), and 22.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
77.1%
Return on assets
-4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
on the day
2022
21 d early
2021
59 d late
2020
88 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€96k▼ 4.9%
2023 · €101k
2018: €44klowest in 7 years
2019: €46k▲ +4.4% vs 2018
2020: €68k▲ +50.1% vs 2019
2021: €92k▲ +34.9% vs 2020
2022: €93k▲ +0.7% vs 2021
2023: €101k▲ +8.8% vs 2022highest in 7 years
2024: €96k▼ -4.9% vs 2023
2018 → 2024
Total assets
€125k▼ 4.1%
2023 · €130k
2018: €159khighest in 7 years
2019: €156k▼ -1.8% vs 2018
2020: €122k▼ -21.9% vs 2019lowest in 7 years
2021: €126k▲ +3.5% vs 2020
2022: €123k▼ -2.7% vs 2021
2023: €130k▲ +5.9% vs 2022
2024: €125k▼ -4.1% vs 2023
2018 → 2024
Net result
€-5k
2023 · €8k
2018: €6k
2019: €2k▼ -69.4% vs 2018
2020: €23k▲ +1077% vs 2019
2021: €24k▲ +4.5% vs 2020highest in 7 years
2022: €630▼ -97.4% vs 2021
2023: €8k▲ +1199% vs 2022
2024: €-5k▼ -160% vs 2023lowest in 7 years
2018 → 2024
Working capital
€96k▼ 4.9%
2023 · €101k
2018: €-51klowest in 7 years
2019: €-46k▲ +10.4% vs 2018
2020: €8k▲ +118% vs 2019
2021: €69k▲ +755% vs 2020
2022: €85k▲ +23.8% vs 2021
2023: €101k▲ +18.4% vs 2022highest in 7 years
2024: €96k▼ -4.9% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€92k▲ 34.9%€93k▲ 0.7%€101k▲ 8.8%€96k▼ 4.9%
2020: €68klowest in 5 years
2021: €92k▲ +34.9% vs 2020
2022: €93k▲ +0.7% vs 2021
2023: €101k▲ +8.8% vs 2022highest in 5 years
2024: €96k▼ -4.9% vs 2023
Operating result€34k-€28k▼ 18.4%€1k▼ 95.8%€11k▲ 813%€-7k
2020: €34khighest in 5 years
2021: €28k▼ -18.4% vs 2020
2022: €1k▼ -95.8% vs 2021
2023: €11k▲ +813% vs 2022
2024: €-7k▼ -162% vs 2023lowest in 5 years
Net result€23k-€24k▲ 4.5%€630▼ 97.4%€8k▲ 1,199%€-5k
2020: €23k
2021: €24k▲ +4.5% vs 2020highest in 5 years
2022: €630▼ -97.4% vs 2021
2023: €8k▲ +1199% vs 2022
2024: €-5k▼ -160% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €11k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€500 =
Current assets
€124k ▼ 4.1%
Equity and liabilities €125k
Equity
€96k ▼ 4.9%
Debt
€29k ▼ 1.2%
Debt's share of the balance-sheet total rises from 22.2% to 22.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
4.36▼
2023 · 4.49
Debt to equity
0.30▲
2023 · 0.29
ROE
-5.1%▼
2023 · 8.1%
ROA
-4.0%▼
2023 · 6.3%
Debt ≤ 1 year
€29k▼
2023 · €29k
Income taxes
€0▼
2023 · €4k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€130k€125k▼
Fixed assets21/28€500€500=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€500€500=
Current assets29/58€130k€124k▼
Amounts receivable within one year40/41€120k€118k▼
Trade receivables40€28k€3k▼
Other amounts receivable41€92k€115k▲
Cash at bank and in hand54/58€9k€6k▼
Deferred charges and accrued income490/1€143€150▲
Equity and liabilities
Total equity and liabilities10/49€130k€125k▼
Equity10/15€101k€96k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€81k€76k▼
Amounts payable17/49€29k€29k▼
Amounts payable within one year42/48€29k€29k▼
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€19k€19k=
Income statement
Code20232024
Non-recurring operating income76A€25k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€2k€569▼
Gross operating margin9900€13k€-6k▼
Operating profit (loss)9901€11k€-7k▼
Financial income75/76B€910€2k▲
Recurring financial income75€910€2k▲
Financial charges65/66B€39€45▲
Recurring financial charges65€39€45▲
Profit (loss) for the period before taxes9903€12k€-5k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€8k€-5k▼
Profit (loss) for the period to be appropriated9905€8k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€76k▼
Profit (loss) brought forward from the previous period14P€73k€81k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | - | €25k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49k | €16k | €16k | €0 | - | - |
| Other operating charges640/8 | - | €2k | €1k | €2k | €569 | ▼ 72.8% |
| Non-recurring operating charges66A | - | €9k | - | - | - | - |
| Gross operating margin9900 | €85k | €54k | €18k | €13k | €-6k | ▼ 148% |
| Operating profit (loss)9901 | €34k | €28k | €1k | €11k | €-7k | ▼ 162% |
| Financial income75/76B | - | - | - | €910 | €2k | ▲ 106% |
| Recurring financial income75 | €0 | - | - | €910 | €2k | ▲ 106% |
| Financial charges65/66B | - | €644 | €39 | €39 | €45 | ▲ 15.5% |
| Recurring financial charges65 | €3k | €644 | €39 | €39 | €45 | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €32k | €27k | €1k | €12k | €-5k | ▼ 142% |
| Income taxes67/77 | €9k | €3k | €519 | €4k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €23k | €24k | €630 | €8k | €-5k | ▼ 160% |
| Profit (loss) for the period to be appropriated9905 | €23k | €24k | €630 | €8k | €-5k | ▼ 160% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €122k | €126k | €123k | €130k | €125k | ▼ 4.1% |
| Fixed assets21/28 | €62k | €24k | €8k | €500 | €500 | = |
| Tangible fixed assets22/27 | €61k | €23k | €7k | €0 | - | - |
| Furniture and vehicles24 | - | €23k | €7k | €0 | - | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €60k | €102k | €115k | €130k | €124k | ▼ 4.1% |
| Amounts receivable within one year40/41 | €55k | €99k | €113k | €120k | €118k | ▼ 1.9% |
| Trade receivables40 | - | €30k | €17k | €28k | €3k | ▼ 87.7% |
| Other amounts receivable41 | - | €69k | €96k | €92k | €115k | ▲ 24.3% |
| Cash at bank and in hand54/58 | €5k | €3k | €2k | €9k | €6k | ▼ 33.6% |
| Deferred charges and accrued income490/1 | - | €209 | €180 | €143 | €150 | ▲ 5.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €122k | €126k | €123k | €130k | €125k | ▼ 4.1% |
| Equity10/15 | €68k | €92k | €93k | €101k | €96k | ▼ 4.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €48k | €72k | €73k | €81k | €76k | ▼ 6.1% |
| Amounts payable17/49 | €54k | €34k | €30k | €29k | €29k | ▼ 1.2% |
| Amounts payable after more than one year17 | €1k | - | - | - | - | - |
| Amounts payable within one year42/48 | €52k | €34k | €30k | €29k | €29k | ▼ 1.2% |
| Trade debts44 | €5k | €1k | €1k | €6k | €6k | ▲ 3.0% |
| Suppliers440/4 | - | €1k | €1k | €6k | €6k | ▲ 3.0% |
| Taxes, remuneration and social security45 | - | €14k | €10k | €4k | €4k | ▼ 12.8% |
| Taxes450/3 | - | €14k | €10k | €4k | €4k | ▼ 12.8% |
| Other amounts payable47/48 | - | €19k | €19k | €19k | €19k | = |
| Accrued charges and deferred income492/3 | - | €88 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €24k | €630 | €8k | €-5k | ▼ 160% |
| + Depreciation and write-downs630 | €49k | €16k | €16k | €0 | - | - |
| Operating cash flow (approximation) | €72k | €40k | €16k | €8k | €-5k | ▼ 160% |
| Investment in fixed assets (approximation) | - | €22k | €0 | €7k | €0 | ▼ 100% |
| Change in cash | - | €-2k | €-1k | €7k | €-3k | ▼ 144% |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲8.8%
6 profitable years in a row build equity to €101k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 59 days late
2021
31-12
Financial
Highest result since 2018net €24k ▲4.5%
Net result €24k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.03
Current ratio from 1.15 to 3.03; short-term debt falls from €52k to €34k.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 1.15
Current ratio from 0.44 to 1.15; short-term debt falls from €81k to €52k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
Show earlier events
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 56 days late
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has 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
2 acts for this company are 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, Herentals · 1 establishment unit since 2015
Ground area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ARETECDE HOLDING
since 20152.238.888.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
GeoGas Analytica
BE 0754.400.177
Balen · Eq €96,136
PDP Projects
BE 0795.310.819
Gent · Eq €96,090
PRC PRODUCTS
BE 0824.667.571
Schilde · Eq €96,028
CEVITAS
BE 0834.602.846
Schaarbeek · Eq €95,886
QUALITY CARS ZAVENTEM
BE 0738.467.136
Zaventem · Eq €96,597
Of 4,418 companies in sector 46180 we hold annual accounts for 1,885. 1,415 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 (pre-2019)
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
63920Other information service activities
Contact
E-mail
planning@trodis.euHerentals
Scores and ratios are computed by Checked and are not a credit decision.