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ARLECO

Inactive
KBO/BCE: BE 0436.814.556

ARLECO was declared bankrupt on 04-12-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 05-03-2024, published in the Belgian State Gazette on 12-03-2024.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 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 · 10 filings
Position against the passed deadline
30-09-2022 close30-04-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 19-12-2022, 233 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
233 d late
2020
21 d early
2019
85 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Equity
€139k▲ 42.1%
2020 · €98k
2018: €105k 2019: €98k 2020: €98k
2018 → 2021
Total assets
€344k▲ 14.8%
2020 · €300k
2018: €296k 2019: €327k 2020: €300k
2018 → 2021
Net result
€41k
2020 · €-205
2018: €779 2019: €0 2020: €-205
2018 → 2021
Working capital
€230k▼ 23.3%
2020 · €300k
2018: €6k 2019: €300k 2020: €300k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€105k-€98k▼ 7.3%€98k▼ 0.2%€139k▲ 42.1%
Operating result€2k-€189k▲ 11,529%€740▼ 99.6%€41k▲ 5,486%
Net result€779-€0▼ 100%€-205€41k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150k€200kOperating result 2018: €2k€2kNet result 2018: €779€779Operating result 2019: €189k€189kNet result 2019: €0€0Operating result 2020: €740€740Net result 2020: €-205€-205Operating result 2021: €41k€41kNet result 2021: €41k€41k2018201920202021€-50k€0€50k€100k€150k€200kOperating result 2019: €189k€189kNet result 2019: €0€0Operating result 2020: €740€740Net result 2020: €-205€-205Operating result 2021: €41k€41kNet result 2021: €41k€41k201920202021
The operating result recovers in 2021; 2021 is 5,486% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €344k
Fixed assets €111k
Current assets €233k
Equity and liabilities €344k
Equity €139k ▲ 42.1%
Provisions €202k =
Debt €3k ▲ 1,710%
Debt's share of the balance-sheet total rises from 0.1% to 1.0%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
Current ratio
67.47
Debt to equity
0.02
ROE
29.6%
2020 · -0.2%
ROA
11.9%
2020 · -0.1%
Debt ≤ 1 year
€3k
2020 · €191
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 · 35 lines
Balance sheet Code20202021
Assets
Total assets20/58€300k€344k
Fixed assets21/28-€111k
Tangible fixed assets22/27-€11k
Plant, machinery and equipment23-€11k
Financial fixed assets28-€100k
Current assets29/58€300k€233k
Amounts receivable within one year40/41€7k€198k
Trade receivables40-€198k
Cash at bank and in hand54/58€574€35k
Equity and liabilities
Total equity and liabilities10/49€300k€344k
Equity10/15€98k€139k
Contributions10/11€62k€62k=
Capital10-€62k
Issued capital100-€62k
Reserves13€27k€27k=
Non-distributable reserves130/1-€6k
Legal reserve130-€6k
Distributable reserves133-€21k
Profit (loss) carried forward14€9k€50k
Provisions and deferred taxes16€202k€202k=
Deferred taxes168-€202k
Amounts payable17/49€191€3k
Amounts payable within one year42/48€191€3k
Trade debts44€191€1k
Suppliers440/4-€1k
Other amounts payable47/48-€2k
Income statement Code20202021
Gross operating margin9900€1k€41k
Operating profit (loss)9901€740€41k
Financial charges65/66B-€226
Recurring financial charges65-€226
Profit (loss) for the period before taxes9903€-205€41k
Profit (loss) for the period9904€-205€41k
Profit (loss) for the period to be appropriated9905€-205€41k
Appropriation of the result
Profit (loss) to be appropriated9906-€50k
Profit (loss) brought forward from the previous period14P-€9k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
12-03
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · ARLECO SA RUE DES GUILLEMINS 139/605, 4000 LIEGE 1. déclarée le 4 décembre 2023 · event 05-03-2024
2023
08-12
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · ARLECO SA RUE DES GUILLE- MINS 139/605, 4000 LIEGE 1 · event 04-12-2023
2022
19-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 233 days late
11-01
Bankruptcy Judicial dissolution
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · van: ARLECO NV- LEYSESTRAAT 106/1, 3581 BEVERLO
2021
30-09
Financial Back to profitnet €41k
Net result €41k after 2 loss-making years.
30-09
Financial Equity above €100kEq €139k ▲42.1%
Equity rises from €98k to €139k.
09-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Weakest financial yearnet €-205
Net result drops to €-205, the lowest in the series.
30-09
Financial Liquidity times 129current ratio 1569.46
Current ratio from 12.17 to 1569.46; short-term debt falls from €27k to €191.
05-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Liquidity times 5current ratio 12.17
Current ratio from 2.27 to 12.17.
31-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
04-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 218 days late
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-02
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
04-12
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LEON LEDUC
PLACE DE BRONCKART 1, 4000 LIEGE 1
04-12-202305-03-2024