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ARPEC

Active Private limited companyfounded 1999active for 26 yearsSint-Pieterssteenweg 387, 1040 EtterbeekKBO/BCE: BE 0468.628.279
ARPEC
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Overview

Lifetime

19 annual accounts with figures on one time axis, 24 filings since 2001
peak €93,331 (2010)
€38,132▼ 13.0%
lowest -€137,415 (2011)
-€1,108▼ €8,591
peak €177,846 (2018)
€20,291▼ 5.2%
€142,836▼ 21.6%
peak 1 FTE (2020)
-not published
Board7 names since 2019
3 directorsLEMERCINIER Gérald and 2 others
Documentsfilings and deeds
11-02-202611 days late
2025micro format
Gross margin from €43,849 to €38,132Loss of €1,108Debts from €182,254 to €142,836Cash from €16,371 to €2,078

Key points

from the 2025 annual accounts

Equity

€20,291 from €177,846 in 2018

Equity fell by 89% in 7 years.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€142,836 88% of the balance sheet
Suppliers 16%Taxes and wages 3%Other 81%

Filings

24 annual accounts since 2001
deadline20102020

Seven of the last ten came late. The 2023 accounts came latest: 23 days after the end of the period.

Position in the sector

12.4%

Lower solvency than 84% of companies in specialised construction. Sector median 46.7% · 35,125 companies.

Checked score

67
Healthy
Financially stronger than 20% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.8%▲ +0.3 percentage points vs 12-2024 02-2025: 0.5%▼ -0.3 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025lowest value 01-2026: 0.7%▲ +0.2 percentage points vs 12-2025 02-2026: 1.0%▲ +0.3 percentage points vs 01-2026highest value 03-2026: 0.8%▼ -0.2 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.7%▼ -0.1 percentage points vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Weak

37+1equity 12.4% of total assets
3-7short-term debt 87.6% · cash 1.3%
68-5return on assets -0.7%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 0.97, cash €2,078, halved
lowers risk
Size: total assets €163,126
Founded in 1999
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 16% of them on solvency, 3% on liquidity, 34% on profitability and 28% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,450 companies had the same profile as ARPEC has now. Each dot stands for 7 companies, two years later.

93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ARPEC itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,450 companies, not a prediction for ARPEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.97 (0.95 in 2024), below 1. Short-term debt is 87.6% and cash 1.3% of total assets. 87.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €163,126
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.97, cash €2,078, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 35125 sector peers (2025).
NBB · sector comparison
Position among 35125 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
2 days early
2023
23 days late
2022
3 days late
2021
4 days late
2020
9 days late
2018
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LG
LEMERCINIER Gérald
Director, since 09-06-2023
MK
MARCZEWSKI Krzysztof
Director, since 09-06-2023
RW
RADZISZEWSKI Wieslaw
Director, since 09-06-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0468628279
3 directors appointed, 3 resignations Resignations: LEMERCINIER Gérald, HERRERO RUIZ Roland and DELMEIRE Jean-Paul · Appointments: LEMERCINIER Gérald, RADZISZEWSKI Wieslaw and MARCZEWSKI Krzysztof · Director discharge: LEMERCINIER Gérald · General meeting of 09-06-2023 · Gazette deed
Resignation: SANA Quentin (manager) General meeting of 30-12-2019 · Gazette deed
Resignation: DE SPIRLET Alain (manager) General meeting of 30-09-2018 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
ARPEC Etterbeek €163,126 €38,132 12.4% -
RIBAS Bruges €164,215 €34,029 76.6% -
ELEKTRO PAESEN Hechtel-Eksel €179,332 €39,508 57.2% -
HOUSE IN ACTION Hoegaarden €153,146 €43,957 78.2% -
DEKOLEC Kruisem €141,122 €33,654 81.3% -
ELECTROSERV Kortrijk €163,214 €46,173 76.7% -
De Beveiligingsmarkt Pelt €150,273 €31,891 50.1% -

These companies have the same main activity as ARPEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €141,000 and €179,000, founded between 1998 and 2001.

Official details

Source: KBO
Status
Active since 23-12-1999Normal situation
Registered office
56 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
General electrical installation workNACE 43211and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-06-2024
Establishment unit
2.096.476.0441040 Etterbeek, since 03-04-2000
Financial year end
30 June
Peppol
Reachable since 04-12-2025
Company details

Annual accounts to 30-06-2025

€38,132▼ 13.0%
€1,108
€20,291▼ 5.2%
€163,126▼ 19.9%
Employeeson 30-06-2025
1=
Filing
Filed on 11-02-2026
Financials

Insights on ARPEC

ARPEC files the micro format. That format states no turnover. The gross margin rose from €10,321 in 2006 to €38,132 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 11-02-2026, 11 days late
€38,132
▼ 13.0%
-€259
▼ €7,923
€10,776
▼ 25.3%
€9,927
▼ 30.3%
12.4%
▲ 1.9 percentage points
0.97
▲ 0.02

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €180,000. Estimated: probably between €120,000 and €270,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €163,126 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

12.4%

Higher than 16% of 35,125 companies in 2025.

0.97

Higher than 20% of 34,499 companies in 2025.

-0.7%

Higher than 22% of 34,700 companies in 2025.

ARPEC Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Staff

€26,455

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 163,126203,653162,378254,255333,317481,777388,765391,444369,874264,836246,199235,390117,535182,405392,399262,070418,406160,415124,737
21/28 24,10830,7109,16715,28821,4098,8263,96714,80725,64828,7229,346-290572--2,2934,5866,879
21 ---1,6373,2754,912---17,6947,865--------
22/27 24,10830,7109,16713,65118,1353,9143,96714,80725,64811,0281,481-290572--2,2934,5866,879
23 4,4344418812,0143,1462,074-8,48716,973----------
24 19,67430,2698,28511,63714,9891,8403,9676,3218,67411,0281,481-290572--2,2934,5866,879
29/58 139,018172,944153,211238,967311,908472,951384,798376,636344,227236,114236,853235,390117,245181,833392,399262,070416,113155,829117,858
3 -3,7307,4609,32511,65614,57034,6949,487-----------
30/36 -3,7307,4609,32511,65614,57034,6949,487-----------
40/41 136,941152,842142,767222,260298,159416,808316,210313,492305,499198,008195,668146,52877,301122,215360,926229,885370,816127,24578,324
40 107,256105,43287,774178,784259,074372,991299,621306,661299,863193,523186,634137,21372,09792,816331,924196,881368,354120,96876,903
41 29,68547,41054,99343,47739,08543,81716,5886,8315,6374,4849,0359,3155,20529,39929,00133,0042,4626,2771,421
54/58 2,07816,3712,9847,3812,09341,57332,44652,23637,30636,71341,18588,86239,94459,61831,47432,18545,29728,58439,534
490/1 ------1,4481,4221,4221,393---------
Balance sheet: equity and liabilities
10/49 163,126203,653162,378254,255333,317481,777388,765391,444369,874264,836246,199235,390117,535182,405392,399262,070418,406160,415124,737
10/15 20,29121,39973,91672,676164,743167,445177,846176,705169,400157,417149,714142,71513,90233,61581,03075,78968,89451,82238,338
10/11 60,00060,000120,000120,000120,000120,000120,000120,000120,000120,000120,000120,000120,000120,00030,00030,00030,00030,00022,592
100 -----120,000120,000120,000120,000120,000120,000120,000120,000120,00030,00030,00030,00030,00030,000
101 ------------------7,408
13 12,00012,00012,00012,000184,972184,972184,972184,972184,972178,972175,972169,97247,00047,00047,00042,00036,00019,00013,000
130/1 ---12,00012,00012,000-------------
130 -----12,00012,00012,00012,00012,0009,0003,0003,0003,0003,0003,0003,0003,0003,000
1311 ---12,00012,000--------------
133 12,00012,00012,000-172,972172,972172,972172,972172,972166,972166,972166,97244,00044,00044,00039,00033,00016,00010,000
14 -51,709-50,601-58,084-59,324-140,228-137,527-127,126-128,266-135,572-141,555-146,257-147,256-153,098-133,3854,0303,7892,8942,8222,746
17/49 142,836182,25488,462181,579168,574314,332210,919214,738200,475107,41996,48592,674103,633148,791311,369186,281349,512108,59386,399
42/48 142,836182,25488,462164,779168,574314,332210,919214,738182,475107,41996,48592,674103,633148,791311,369186,281325,512108,59386,399
42 ----------------7,04014,93821,842
44 22,95949,5098,10313,98551,96489,87655,77186,02436,1486,0453,61714,4802,81226,490142,207111,734142,52965,81642,872
440/4 22,95949,5098,10313,98551,96489,87655,77186,02436,1486,0453,61714,4802,81226,490142,207111,734142,52965,81642,872
46 ----------------96,800--
45 3,8743,8901,693161--5,2682,93213,6923,9617,7541,7022,0142108,9715,09918,0914,319179
450/3 -1616161--5,1342,93213,6923,9617,7541,7022,0142108,9715,09918,0914,319179
454/9 3,8743,8741,677---134------------
47/48 116,002128,85678,666150,633116,610224,456149,880125,783132,63597,41385,11376,49398,807122,091160,19269,44761,05223,52021,506
492/3 ---16,800----18,000-------24,000--
Income statement
70 ------------------198,563
76A -----4,541-----122,97255,000-14,747----
9900 38,13243,84919,42617,51641,74620,87331,55528,02929,93614,86744,88312,14118,65444,13493,33125,69819,1065,49710,321
60/61 ------------------188,242
62 26,45527,05411,52918,26130,42527,80110,164---32,110--------
630 11,0356,7626,1216,1214,0792,78910,84010,84010,840370370290282282-2,2932,2932,2934,469
640/8 9012,3683692485434462552002581,6131121952589759,6183,109578276420
66A ---84,654--------84,654179,74089,929----
9901 -2597,6641,407-91,7676,699-10,16310,29516,98918,83812,88412,29211,65618,11442,87883,71320,29616,2352,9285,432
75/76B 000-3174978485818471,7906261,122191,21310913,1394,535517
75 000-3174978485818471,7906261,122191,21310913,1394,535517
65/66B 7351811673009,5066459,94810,2117,7026,9725,8686,9378,1923491164,8828431,3871,660
65 7351811673009,5066459,94810,2117,7026,9725,8686,9378,1923491164,8828431,3871,660
9903 -9947,4831,240-92,067-2,490-10,3111,1957,35911,9837,7037,049128,813-19,712-135,9998,42515,50418,5316,0764,289
67/77 114---211-5453--51--1,4173,1848,6091,459-431
9904 -1,1087,4831,240-92,067-2,702-10,3111,1417,30611,9837,7036,999128,813-19,712-137,4155,2416,89517,0726,0763,858
9905 -1,1087,4831,240-92,067-2,702-10,3111,1417,30611,9837,7036,999128,813-19,712-137,4155,2416,89517,0726,0763,858
Appropriation of the result
9906 -51,709-50,601-58,084-232,296-140,228-137,527-127,126-128,266-129,572-138,555-140,257-24,285-153,098-133,3859,0309,78919,8948,8224,887
14P -50,601-58,084-59,324-140,228---------------
791/2 ---172,972---------------
691/2 --------6,0003,0006,000122,972--5,0006,00017,0006,0002,141
6920 ---------3,0006,000-------1,141
6921 --------6,000--122,972--5,0006,00017,0006,0001,000
Social balance sheet
9087 110.5-110.3---0.8--------
Hours worked1013 1,4351,386666-1,7281,740448---1,406--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 11-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 11 days after the deadline. Filed on 11 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00038335.

Financial year Type Filed Reference Document
30-06-2025 micro format 11-02-2026 2026-00038335 PDF
30-06-2024 micro format 29-01-2025 2025-00021781 PDF
30-06-2023 micro format 23-02-2024 2024-00034627 PDF
30-06-2022 micro format 03-02-2023 2023-00024868 PDF
30-06-2021 micro format 04-02-2022 2022-05100317 PDF
30-06-2020 micro format 09-02-2021 2021-05000491 PDF
30-06-2018 micro format 07-02-2019 2019-04600488 PDF
30-06-2017 micro format 22-01-2018 2018-01900565 PDF
30-06-2016 full format 03-02-2017 2017-04000542 PDF
30-06-2015 full format 27-01-2016 2016-03400440 PDF
30-06-2014 full format 23-01-2015 2015-02200474 PDF
30-06-2013 full format 21-02-2014 2014-04600154 PDF
30-06-2012 full format 19-02-2013 2013-04200473 PDF
30-06-2011 full format 20-02-2012 2012-04000317 PDF
30-06-2010 full format 28-02-2011 2011-04600285 PDF
30-06-2009 full format 17-12-2009 2009-90000163 PDF
30-06-2008 full format 23-02-2009 2009-05700371 PDF
30-06-2007 full format 31-07-2008 2008-53100038 PDF
30-06-2006 full format 06-09-2007 2007-71700183 PDF
30-06-2005 full format 24-02-2006 2006-05701800 PDF
30-06-2004 full format 26-01-2006 2006-02800107 PDF
30-06-2003 full format 24-09-2004 2004-67100595 PDF
30-06-2002 full format 28-05-2003 2003-17301679 PDF
30-06-2001 full format 18-04-2002 2002-10101250 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202018201720162015201420132012201120102009200820072006
10,77614,4267,528-85,64610,778-7,37421,13527,82929,67813,25412,66211,94618,39643,159-22,58918,5285,2219,901
9,92714,2467,361-85,9461,378-7,52311,98118,14622,8238,0737,369129,103-19,431-137,134-9,18819,3658,3698,327
4,43428,3050016,663-0025,46019,7469,71600854-000-
-14,29413,387-4,3975,289-39,480--19,79014,930593-4,472-47,67748,918-19,67428,144-712-13,11216,713-10,950-
-3,817-9,31164,74974,188143,334158,619173,879161,898161,752128,695140,368142,71513,61233,04381,03075,78990,60147,23631,459
------------------2.7%
12.4%10.5%45.5%28.6%49.4%34.8%45.7%45.1%45.8%59.4%60.8%60.6%11.8%18.4%20.6%28.9%16.5%32.3%30.7%
0.970.951.731.451.851.501.821.751.892.202.452.541.131.221.261.411.281.431.36
0.970.931.651.391.781.461.661.711.892.202.452.541.131.221.261.411.281.431.36
7.048.521.202.501.021.881.191.221.180.680.640.657.454.433.842.465.072.102.25
-5.5%35.0%1.7%-126.7%-1.6%-6.2%0.6%4.1%7.1%4.9%4.7%90.3%-141.8%-408.8%6.5%9.1%24.8%11.7%10.1%
-0.7%3.7%0.8%-36.2%-0.8%-2.1%0.3%1.9%3.2%2.9%2.8%54.7%-16.8%-75.3%1.3%2.6%4.1%3.8%3.1%
14.6679.7445.06-285.66---------------
------------------141 days
------------------83 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202530-06-202430-06-2023
Employees at the balance-sheet date111
part-time111
in full-time equivalents0.80.80.8
0.80.80.4
On a permanent contract111
Joined--1
Left--0

Source: social balance sheet in the 2023 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€4,434€28,305--
€11,035€6,762€6,121€6,121

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on ARPEC

The operating result for 2025 is a loss of €259, after a profit of €7,664 in 2024. It is the lowest result since 2022.

Debt's share of the balance-sheet total falls from 89.5% to 87.6%. Equity and debt are lower.

Board & ownership

Board

3 directors, last change in 2023
LEMERCINIER Gérald
Director (not named in the articles)
since 09-06-2023 term without a fixed end
earlier director, until 20-06-2023
also on the board of 4 other companies
listed in the 2025 annual accounts, filed on 11-02-2026
MARCZEWSKI Krzysztof
Director (not named in the articles)
since 09-06-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 11-02-2026
RADZISZEWSKI Wieslaw
Director (not named in the articles)
since 09-06-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 11-02-2026

Office holders in the KBO →

Mandates through the years

7 names, the dashed line is today
LEMERCINIER Gérald
Director (not named in the articles)
MARCZEWSKI Krzysztof
Director (not named in the articles)
RADZISZEWSKI Wieslaw
Director (not named in the articles)
DELMEIRE Jean-Paul
Director
HERRERO RUIZ Roland
Director
SANA Quentin
Manager
DE SPIRLET Alain
Manager
BoardEarliermandate already running before its first mention
Mandates as a list
  • LEMERCINIER Gérald
    • Director (not named in the articles), from 09-06-2023 to date
    • Director, until 20-06-2023
  • MARCZEWSKI Krzysztof
    • Director (not named in the articles), from 09-06-2023 to date
  • RADZISZEWSKI Wieslaw
    • Director (not named in the articles), from 09-06-2023 to date
  • DELMEIRE Jean-Paul
    • Director, until 20-06-2023
  • HERRERO RUIZ Roland
    • Director, from before 30-06-2022 to 20-06-2023
  • SANA Quentin
    • Manager, until 30-12-2019
  • DE SPIRLET Alain
    • Manager, until 15-03-2019

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€60,000
Source
2025 annual accounts

Articles of association

deed of 20-06-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Prix offert ou contestation par expert commun accord sinon président tribunal entreprise en référé à requête partie diligente, dernière…”

Network & group

No group

ARPEC has no parent and no holdings in its annual accounts.

At the same address

Sint-Pieterssteenweg 387, 1040 Etterbeek · 55 other companies
DGMD CONSULT
registered office since 22-02-2006 · founded in 2006
 total assets €17.0m (2025)
0878.757.147
GTBusiness
registered office since 06-06-1988 · founded in 1988
 1 FTE (2025)
0434.119.045
PRO - GESTION - PROJECTION
registered office since 01-01-2025 · founded in 1989
 total assets €2.4m (2025)
0438.043.882
NATIONAL IMMO GROUP
registered office since 06-07-2011 · founded in 2011
 total assets €1.6m (2025)
0837.577.281
PSRL 13
registered office since 12-12-2019 · founded in 2019 · negative equity (2025)
 total assets €1.6m (2025)
0739.515.924
RENOVER
registered office since 24-01-1977 · founded in 1977
 8 FTE (2025)
0416.890.063
LIFRAN
registered office since 13-08-2007 · founded in 2007
 1 FTE (2025)
0891.390.309
PRISMA INTERNATIONAL CONSULTING
registered office since 29-11-1993 · founded in 1993
 total assets €1.5m (2025)
0451.218.066
4U BUSINESS
registered office since 19-08-2009 · founded in 2009
 total assets €1.4m (2025)
0817.989.914
Inter Service Agencies
registered office since 01-06-1978 · founded in 1978
 2 FTE (2026)
0418.304.778
and 45 more

Earlier ties

ALIBI INVEST
via LEMERCINIER Gérald, no longer at ALIBI INVEST · Managing director · deed of 20-06-2023
founded in 2003
 total assets €216,973 (2025)
Ecole liobre fondamentale Les Oiseaux Bleus - Enseignement spécialisé de type 4
via LEMERCINIER Gérald, no longer at Ecole liobre fondamentale Les Oiseaux Bleus - Enseignement spécialisé de type 4 · Director
 founded in 1986

Connections & network

4 connected companies
Depth
LEMERCINIER Gérald, Shared director, links 6 companies LGLEMERCINIERGéraldAFIMOSA, via LEMERCINIER Gérald AAFIMOSAERA CONSULT, via LEMERCINIER Gérald ECERA CONSULTLE PANACHE, via LEMERCINIER Gérald LPLE PANACHEOZE CONSULTING, via LEMERCINIER Gérald OCOZE CONSULTINGALIBI INVEST, via LEMERCINIER Gérald AIALIBI INVESTEcole liobre fondamentale Les Oiseaux Bleus - Enseignement spécialisé de type 4, via LEMERCINIER Gérald ELEcole liobrefondamentale…ARPEC ARPEC0468.628.279
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ERA CONSULT
via LEMERCINIER Gérald · Sole director · deed of 20-06-2023
Founded in 2000 · total assets €1.4m (2025)
→
LE PANACHE
via LEMERCINIER Gérald · Director · deed of 01-02-2022
Founded in 1986 · total assets €123,762 (2025)
→
OZE CONSULTING
via LEMERCINIER Gérald · Director · deed of 21-03-2025
Founded in 2004 · total assets €88,830 (2026)
→
AFIMOSA
via LEMERCINIER Gérald · Director (not named in the articles) · deed of 20-06-2023
Founded in 2009 · total assets €46,516 (2025)
→

Timeline

Timeline

36 events since 1999

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFmicro format · 11 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0468628279
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 23 days late
2023
Back to profit net €1,240 The net result is €1,240, after 3 loss-making years.
3 directors appointed, 3 resignationsResignations: LEMERCINIER Gérald, HERRERO RUIZ Roland and DELMEIRE Jean-Paul · Appointments: LEMERCINIER Gérald, RADZISZEWSKI Wieslaw and MARCZEWSKI Krzysztof · Director discharge: LEMERCINIER Gérald · General meeting of 09-06-202313 points ▸
  • General meeting, 09-06-2023
  • 4,840 shares
  • Director resignation, LEMERCINIER Gérald
  • Director resignation, HERRERO RUIZ Roland
  • Director resignation, DELMEIRE Jean-Paul
  • Director discharge, LEMERCINIER Gérald
  • Director discharge, HERRERO RUIZ Roland
  • Director discharge, DELMEIRE Jean-Paul
  • Director appointment, LEMERCINIER Gérald (director (not named in the articles))
  • Director appointment, RADZISZEWSKI Wieslaw (director (not named in the articles))
  • Director appointment, MARCZEWSKI Krzysztof (director (not named in the articles))
  • Registered office clause, Chaussée Saint-Pierre 387, 1040 Etterbeek
  • Power of attorney, Tijl DE TROYER
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 3 days late
2022
Annual accounts 2021 filed PDFmicro format · 4 days late
2021
Annual accounts 2020 filed PDFmicro format · 9 days late
2020
Resignation: SANA Quentin (manager)General meeting of 30-12-20192 points ▸
  • General meeting, 30-12-2019
  • Director resignation, SANA Quentin (manager)

Open the deed in the Belgian Official Gazette

2019
Resignation: DE SPIRLET Alain (manager)General meeting of 30-09-20182 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 7 days late
2018
Annual accounts 2017 filed PDFmicro format · 9 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 3 days late
2016
Annual accounts 2015 filed PDFfull format · 4 days before the deadline
2015
Equity above €150,000 equity €157,417 ▲5.1% After 3 profitable years in a row, equity reaches €157,417.
Annual accounts 2014 filed PDFfull format · 8 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 21 days late
2013
Back to profit net €128,813 The net result is €128,813, after 2 loss-making years.
Liquidity more than doubled current ratio 2.54 The current ratio rises from 1.13 to 2.54. Short-term debt falls from €103,633 to €92,674.
Equity above €100,000 equity €142,715 ▲927% Equity rises from €13,902 to €142,715.
Annual accounts 2012 filed PDFfull format · 19 days late
2012
Annual accounts 2011 filed PDFfull format · 20 days late
2011
Weakest financial year net -€137,415 The net result drops to -€137,415, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFfull format · 28 days late
2009
Annual accounts 2009 filed PDFfull format · 45 days before the deadline
Annual accounts 2008 filed PDFfull format · 23 days late
2008
Annual accounts 2007 filed PDFfull format · 182 days late
2007
Annual accounts 2006 filed PDFfull format · 218 days late
2006
Annual accounts 2005 filed PDFfull format
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2000
First establishment Sint-Pieterssteenweg 387, Etterbeek
1999
Incorporation published on 04-01-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 December 1999, ARPEC was incorporated.1 Total assets went from €481,777 in 2020 to €163,126 in 2025 and headcount from 1 to 1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0468.628.279
VAT number
BE 0468.628.279
Peppol ID
0208:0468628279
Legal form
Private limited company
Status
Active, normal situation
Founded
23-12-1999
Financial year
ends on 30 June
Peppol
Reachable since 04-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ARPEC in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-06-2023 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 20-06-2023 (in French)

Activities

NACEBEL 2025
VAT activities
43211 General electrical installation work main activity
43230 Insulation installation
Social security (RSZ) activities
43350 Other building finishing work main activity
Joint committees annual accounts 30-06-2024
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
43211 Specialised construction activities main activity
43291 Specialised construction activities
Social security (RSZ) activities
43390 Specialised construction activities main activity
Codes under NACEBEL 2003
45310 main activity
45320
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toutes entreprises de construction et de rénovation immobilière,comprenant les travaux de gros oeuvre,de revêtement de murs et de sols,de…”
5 activities
  1. Toutes entreprises de construction et de rénovation immobilière,comprenant les travaux de gros oeuvre,de revêtement de murs et de sols,de carrelage,de plafonnage,cimentage et autres enduits,de pose de cloisons,d’isolation thermique et acoustique,de charpenterie,de menuiserie,de menuiserie métallique,de construction et réparation de toitures,ainsi que les travaux de placement,d’entretien,de réparation d’installations de chauffage,d’installations sanitaires,de placement de cuisines équipées,de pose de châssis et volets,et les travaux d’installations électriques et électroniques.
  2. L’achat,la vente,la location,l’entretien de tous articles,matériaux,machines,outillages visant les secteurs de la construction,de la rénovation et du bricolage.
  3. Les services d’entretien et de nettoyage d’immeubles et de mobiliers.
  4. Tous commerces et toutes prestations,dont notamment l’étude,la recherche,les conseils touchant aux systèmes électriques,électroniques,informatiques,ainsi que dans les domaines touchant l’équilibre et la beauté énergétique,la géobiologie,la bio-construction
  5. L’organisation,l’assistance,la promotion,la consultance,la formation et généralement toutes prestations de services destinées à favoriser le développement des entreprises dans des secteurs d’activités de services ou d’industries.
deed of 20-06-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Sint-Pieterssteenweg 387 registered office 1040 Etterbeek 03-04-2000 2.096.476.044

Buildings and parcels at the address

Ground area
287 m²
Buildings
276 m²
Volume, LiDAR
1,728 m³
Tallest building
16.3 m
Buildings to scale, each on its own parcel
276 m², 16.3 m 276 m², 16.3 m

Location

registered office establishment The establishment unit on the map
56 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21362B0225/00L004287 m² 1 · 276 m² 16.3 m · 1

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0468.628.279

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