F-Do Arcum
ActiveSummary
The computed 12-month bankruptcy probability of F-Do Arcum is 3.0% (moderate). The 2025 annual accounts show equity of €442,991 and a net result of €31,037. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 3757 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+7
Solvency68▲+7
Growth32=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.16 in 2024; short-term debt: 33.6% and cash: 22% of total assets), and 57.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.8%
Return on assets
3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
32 d early
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 fastest grower in Lanaken
Equity
€442,991▲ 7.5%
2024 · €411,954
Total assets
€1.0m▼ 9.8%
2024 · €1.1m
Net result
€31,037
2024 · -€34,104
Working capital
€76,715▲ 27.9%
2024 · €59,962
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€160,870-€4,363▼ 97.3%€98,004▲ 2,146%-€18,585€44,868
Net result€143,935above the sector's middle half--€12,046below the sector's middle half€79,168above the sector's middle half-€34,104below the sector's middle half€31,037within the sector's middle half
Equity€478,935above the sector's middle half-€466,889above the sector's middle half▼ 2.5%€446,058above the sector's middle half▼ 4.5%€411,954above the sector's middle half▼ 7.6%€442,991above the sector's middle half▲ 7.5%
Total assets€1.7mabove the sector's middle half-€1.5mabove the sector's middle half▼ 12.0%€1.4mabove the sector's middle half▼ 3.7%€1.1mabove the sector's middle half▼ 18.6%€1.0mabove the sector's middle half▼ 9.8%
Debt€1.2m-€997,050▼ 15.9%€963,681▼ 3.3%€735,431▼ 23.7%€591,578▼ 19.6%
Working capital€249,421-€204,907▼ 17.8%€141,829▼ 30.8%€59,962▼ 57.7%€76,715▲ 27.9%
Solvency28.8%within the sector's middle half-31.9%within the sector's middle half▲ 3.1pp31.6%within the sector's middle half▼ 0.3pp35.9%within the sector's middle half▲ 4.3pp42.8%within the sector's middle half▲ 6.9pp
Staff (FTE)21.6above the sector's middle half-13.2within the sector's middle half▼ 38.9%12.7within the sector's middle half▼ 3.8%13.4within the sector's middle half▲ 5.5%15.7above the sector's middle half▲ 17.2%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €44,868 after a loss of €18,585 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€609,845 ▼ 14.2%
Current assets
€424,723 ▼ 2.7%
Equity and liabilities €1.0m
Equity
€442,991 ▲ 7.5%
Debt
€591,578 ▼ 19.6%
Debt's share of the balance-sheet total falls from 64.1% to 57.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€165,680▲
2024 · €99,805
Cash flow
€151,848▲
2024 · €84,286
Current ratio
1.22▲
2024 · 1.16
Quick ratio
1.17▲
2024 · 1.10
Debt to equity
1.34▼
2024 · 1.79
ROE
7.0%▲
2024 · -8.3%
ROA
3.0%▲
2024 · -3.0%
Interest coverage
12.00▲
2024 · 6.23
Debt ≤ 1 year
€348,008▼
2024 · €376,503
Debt > 1 year
€242,208▼
2024 · €358,928
Income taxes
€94▼
2024 · €160
Staff costs
€757,390▲
2024 · €605,937
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,637 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,637 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €498,545 | €476,398 | €496,217 | €605,937 | €757,390 | ▲ 25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €121,189 | €114,404 | €116,652 | €118,390 | €120,812 | ▲ 2.0% |
| Other operating charges640/8 | €8,131 | €6,942 | €2,910 | €13,586 | €9,737 | ▼ 28.3% |
| Gross operating margin9900 | €788,734 | €602,108 | €713,783 | €719,327 | €932,807 | ▲ 29.7% |
| Operating profit (loss)9901 | €160,870 | €4,363 | €98,004 | -€18,585 | €44,868 | ▲ 341% |
| Financial income75/76B | €25 | €5 | €1,142 | €665 | €74 | ▼ 88.8% |
| Recurring financial income75 | €25 | €5 | €1,142 | €665 | €74 | ▼ 88.8% |
| Financial charges65/66B | €16,960 | €16,414 | €19,888 | €16,024 | €13,812 | ▼ 13.8% |
| Recurring financial charges65 | €16,960 | €16,414 | €19,888 | €16,024 | €13,812 | ▼ 13.8% |
| Profit (loss) for the period before taxes9903 | €143,935 | -€12,046 | €79,259 | -€33,944 | €31,131 | ▲ 192% |
| Income taxes67/77 | - | - | €90 | €160 | €94 | ▼ 41.2% |
| Profit (loss) for the period9904 | €143,935 | -€12,046 | €79,168 | -€34,104 | €31,037 | ▲ 191% |
| Profit (loss) for the period to be appropriated9905 | €143,935 | -€12,046 | €79,168 | -€34,104 | €31,037 | ▲ 191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.5m | €1.4m | €1.1m | €1.0m | ▼ 9.8% |
| Fixed assets21/28 | €1.0m | €908,054 | €806,729 | €710,920 | €609,845 | ▼ 14.2% |
| Tangible fixed assets22/27 | €1.0m | €907,459 | €806,134 | €710,326 | €609,251 | ▼ 14.2% |
| Plant, machinery and equipment23 | €1.0m | €891,559 | €791,966 | €700,197 | €603,162 | ▼ 13.9% |
| Furniture and vehicles24 | - | €15,900 | €14,168 | €10,128 | €6,089 | ▼ 39.9% |
| Financial fixed assets28 | €595 | €595 | €595 | €595 | €595 | = |
| Current assets29/58 | €644,630 | €555,886 | €603,010 | €436,465 | €424,723 | ▼ 2.7% |
| Stocks and contracts in progress3 | €17,730 | €19,271 | €19,093 | €21,774 | €16,333 | ▼ 25.0% |
| Stocks30/36 | €17,730 | €19,271 | €19,093 | €21,774 | €16,333 | ▼ 25.0% |
| Amounts receivable within one year40/41 | €385,801 | €176,953 | €321,047 | €254,397 | €162,850 | ▼ 36.0% |
| Trade receivables40 | €38,426 | €21,837 | €63,518 | €8,579 | €33,573 | ▲ 291% |
| Other amounts receivable41 | €347,375 | €155,116 | €257,529 | €245,817 | €129,277 | ▼ 47.4% |
| Cash at bank and in hand54/58 | €210,558 | €343,156 | €237,786 | €144,035 | €227,726 | ▲ 58.1% |
| Deferred charges and accrued income490/1 | €30,541 | €16,506 | €25,084 | €16,259 | €17,814 | ▲ 9.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.5m | €1.4m | €1.1m | €1.0m | ▼ 9.8% |
| Equity10/15 | €478,935 | €466,889 | €446,058 | €411,954 | €442,991 | ▲ 7.5% |
| Contributions10/11 | €335,000 | €335,000 | €335,000 | €335,000 | €335,000 | = |
| Reserves13 | €143,935 | €131,889 | €111,058 | €76,954 | €107,991 | ▲ 40.3% |
| Distributable reserves133 | €143,935 | €131,889 | €111,058 | €76,954 | €107,991 | ▲ 40.3% |
| Amounts payable17/49 | €1.2m | €997,050 | €963,681 | €735,431 | €591,578 | ▼ 19.6% |
| Amounts payable after more than one year17 | €789,643 | €646,071 | €502,500 | €358,928 | €242,208 | ▼ 32.5% |
| Financial debts170/4 | €789,643 | €646,071 | €502,500 | €358,928 | €242,208 | ▼ 32.5% |
| Amounts payable within one year42/48 | €395,210 | €350,979 | €461,181 | €376,503 | €348,008 | ▼ 7.6% |
| Current portion of amounts payable after more than one year42 | €143,571 | €143,571 | €143,571 | €143,571 | €150,121 | ▲ 4.6% |
| Financial debts43 | - | - | - | - | €258 | - |
| Credit institutions430/8 | - | - | - | - | €258 | - |
| Trade debts44 | €193,686 | €136,008 | €129,263 | €154,202 | €117,603 | ▼ 23.7% |
| Suppliers440/4 | €193,686 | €136,008 | €129,263 | €154,202 | €117,603 | ▼ 23.7% |
| Taxes, remuneration and social security45 | €57,703 | €71,157 | €88,246 | €78,631 | €79,912 | ▲ 1.6% |
| Taxes450/3 | €477 | - | €2,494 | €2,435 | €2,345 | ▼ 3.7% |
| Remuneration and social security454/9 | €57,226 | €71,157 | €85,752 | €76,197 | €77,567 | ▲ 1.8% |
| Other amounts payable47/48 | €249 | €242 | €100,100 | €99 | €115 | ▲ 16.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,361 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €143,935 | -€12,046 | €79,168 | -€34,104 | €31,037 | ▲ 191% |
| + Depreciation and write-downs630 | €121,189 | €114,404 | €116,652 | €118,390 | €120,812 | ▲ 2.0% |
| Operating cash flow (approximation) | €265,124 | €102,358 | €195,820 | €84,286 | €151,848 | ▲ 80.2% |
| Investment in fixed assets (approximation) | - | -€3,300 | -€15,327 | -€22,582 | -€19,737 | ▲ 12.6% |
| Change in cash | - | €132,597 | -€105,370 | -€93,751 | €83,691 | ▲ 189% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €31,037
Net result €31,037 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€34,104
Net result drops to -€34,104, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €79,168
Net result €79,168 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lanaken · 1 establishment unit since 2020
Ground area
366 m²
Building footprint
97 m²
Volume, LiDAR
522 m³
Parcel 73042C0639/00A003, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
McDonalds
since 20202.306.866.371
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042C0639/00A003 | Flanders | 366 m² | 1 · 97 m² | 6.4 m · 2 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.
Structure & network
Owners and holdings
1 ownerChain of control
- FELT MANAGEMENT
- F-Do Arcum
Highest known parent: FELT MANAGEMENT. The sources do not say who stands above it.
Owners 1
- FELT MANAGEMENTparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 51,008 EUR awarded · 51,008 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6,179 EUR | 6,179 EUR |
| 2024 | 2 | 7,276 EUR | 7,276 EUR |
| 2023 | 1 | 11,797 EUR | 11,797 EUR |
| 2022 | 1 | 25,756 EUR | 25,756 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLanaken2.306.866.371
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 4,755 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
Founded11-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753947643
Also
9925:BE0753947643
Registered
23-12-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.