VOLUNTARY DISSOLUTION - LIQUIDATION

ARCOFIN

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Financial year 2025 · closed on 31/12/2025

Net result

-31,8 M €

+4.2% YoY

Gross margin

-226,4 k €

-5.1% YoY

Equity

-1,6 Md €

-2.1% YoY

Company — Voluntary dissolution - liquidation.

What does ARCOFIN do?

ARCOFIN is a Cooperative company with limited liability incorporated in 1935. Its registered office is in Schaerbeek.

Legal situation

● Voluntary dissolution - liquidation

BCE/KBO no. / VAT

BE 0403.228.109

Incorporation

04/07/1935

Legal form

Cooperative company with limited liability

Registered office

Avenue Britsiers 5
1030 Schaerbeek · BruxellesSee on map

Contributed capital

885 905 175,00 €

Latest accounts

31/12/2025

Joint committees (1)

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2011		2011		2010		2009		2008
Income statement
Gross margin	-226,4 k €	-5.1%	-215,4 k €	+27.1%	-295,3 k €	-54.5%	-191,1 k €		–		–		–		–		–
EBITDA	-226,4 k €	-5.1%	-215,4 k €	+27.1%	-295,3 k €	+73.0%	-1,1 M €	-349%	-243 k €	+88.3%	-2,1 M €	+19.9%	-2,6 M €	+25.4%	-3,5 M €	+10.7%	-3,9 M €
Operating result	23,6 k €	-32.0%	34,6 k €	+105%	-700,3 k €	+35.9%	-1,1 M €	-349%	-243 k €	+88.9%	-2,2 M €	+17.9%	-2,7 M €	+23.5%	-3,5 M €	+11.3%	-3,9 M €
Net result	-31,8 M €	+4.2%	-33,2 M €	+0.2%	-33,3 M €	-6.0%	-31,4 M €	-304%	-7,8 M €	+99.7%	-2,6 Md €	-25463%	-10,2 M €	+8.6%	-11,1 M €	+99.3%	-1,6 Md €
Balance sheet
Equity	-1,6 Md €	-2.1%	-1,5 Md €	-2.2%	-1,5 Md €	-2.3%	-1,5 Md €	-34.7%	-1,1 Md €	-0.7%	-1,1 Md €	-171%	1,5 Md €	-1.3%	1,5 Md €	-2.6%	1,6 Md €
Total assets	35,6 M €	+1.7%	35 M €	+1.9%	34,4 M €	+2.2%	33,6 M €	-67.7%	104,2 M €	-6.4%	111,3 M €	-95.7%	2,6 Md €	+0.5%	2,6 Md €	-1.2%	2,6 Md €
Cash	17,5 M €	-0.1%	17,5 M €	-46.5%	32,8 M €	+7.6%	30,5 M €	+2156%	1,4 M €	+470%	237 k €	-91.9%	2,9 M €	-35.7%	4,5 M €	+195%	1,5 M €
Debts	1,5 Md €	+2.2%	1,5 Md €	+2.3%	1,5 Md €	+2.4%	1,4 Md €	+25.6%	1,1 Md €	+0.0%	1,1 Md €	+11.8%	1 Md €	+1.6%	1 Md €	+4.1%	967,6 M €
Other
Workforce	–		–		–		–		6,2 ETP	0.0%	6,2 ETP	-34.0%	9,4 ETP	-19.7%	11,7 ETP	-11.4%	13,2 ETP

Governance

Board of directors

Seen on filing of 31/12/2011 · 3 active · 52 ended

Active mandates

F. SWIGGERS

Liquidator · since 08 décembre 2011

Active

L. FOQUE

Mandate · since 08 décembre 2011

Active

M. TINANT

Liquidator · since 08 décembre 2011

Active

Ended mandates

H. DE WOLF

Director · since 01 septembre 2011 · until 08 décembre 2011

Ended

P. STALPAERT

Director · since 19 mars 2011 · until 08 décembre 2011

Ended

P. DEVELTERE

Chairman of the board of directors · since 29 octobre 2010

Ended

L. VAN DEN NESTE

Director · since 01 novembre 2007 · until 31 août 2011

Ended

At this address

Other companies at this address

Company	CBE no.
Aeropolis II vzw● Active	0600.804.439
ARCOPAR● Liquidation	0442.733.140
ARCOPLUS● Liquidation	0423.939.587
CHRISTELIJKE ONDERWIJSCENTRALE C.O.C.● Active	0850.332.880
Christelijk Onderwijzersverbond● Active	0409.223.105
De Maekerij● Active	0685.949.158
Felies● Active	0420.427.890
Felies Junior● Active	0866.171.002
Femma● Active	0410.339.989
GOVAKA● Liquidation	0451.798.779
Kristelijke Arbeidersjongeren● Active	0456.080.241
Projekt 2000● Active	0439.202.043
Raak● Active	0409.979.507
SECRETARIAAT VAN HET NATIONAAL VERBOND DER CHRISTELIJKE VROUWENBEWEGING● Active	0410.646.035
Vereniging van mede-eigenaars van "AEROPOLIS II" te 1030 Schaarbeek, Urbain Britsierslaan,● Active	0807.640.311

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/03/2026	20/03/2025	26/03/2024	04/04/2023	31/03/2022	17/09/2021
General meeting	13/03/2026	14/03/2025	15/03/2024	17/03/2023	01/01/9999	01/01/9999
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

60 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/03/2026	24/03/2026	Dutch	PDF
Abridged model	31/12/2024	14/03/2025	20/03/2025	Dutch	PDF
Abridged model	31/12/2023	15/03/2024	26/03/2024	Dutch	PDF
Abridged model	31/12/2022	17/03/2023	04/04/2023	Dutch	PDF
Abridged model	31/12/2021	01/01/9999	31/03/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	01/01/9999	17/09/2021	Dutch	PDF
Abridged model	31/12/2020	01/01/9999	26/03/2021	Dutch	PDF
Abridged model	31/12/2019	13/03/2020	27/03/2020	Dutch	PDF
Full modelCorrection	31/12/2018	13/03/2020	16/03/2020	Dutch	PDF
Full model	31/12/2018	01/01/9999	02/04/2019	Dutch	PDF
Full model	31/12/2017	01/01/9999	29/03/2018	Dutch	PDF
Full model	31/12/2016	01/01/9999	30/03/2017	Dutch	PDF
Full model	31/12/2015	01/01/9999	07/04/2016	Dutch	PDF
Full model	31/12/2014	01/01/9999	07/04/2015	Dutch	PDF
Full model	31/12/2013	01/01/9999	03/04/2014	Dutch	PDF
Full model	31/12/2012	01/01/9999	05/04/2013	Dutch	PDF
Full model	31/12/2011	01/01/9999	11/04/2012	Dutch	PDF
Full model	08/12/2011	01/01/9999	11/04/2012	Dutch	PDF
Full model	31/12/2010	08/03/2011	01/04/2011	Dutch	PDF
Full model	31/12/2009	19/03/2010	07/04/2010	Dutch	PDF
Full model	31/12/2008	13/03/2009	06/04/2009	Dutch	PDF
Full model	31/12/2007	14/03/2008	20/03/2008	Dutch	PDF
m930-p	31/12/2006	09/03/2007	14/03/2007	Dutch	PDF
m930-p	31/12/2005	10/03/2006	14/03/2006	Dutch	PDF

View all 60 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2011 · 3 active · 52 ended

Active mandates

F. SWIGGERS

Liquidator · since 08 décembre 2011

Active

L. FOQUE

Mandate · since 08 décembre 2011

Active

M. TINANT

Liquidator · since 08 décembre 2011

Active

Ended mandates

H. DE WOLF

Director · since 01 septembre 2011 · until 08 décembre 2011

Ended

P. STALPAERT

Director · since 19 mars 2011 · until 08 décembre 2011

Ended

P. DEVELTERE

Chairman of the board of directors · since 29 octobre 2010

Ended

L. VAN DEN NESTE

Director · since 01 novembre 2007 · until 31 août 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2012
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
PDF
Mandates31/01/2012
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-31,8 M €↑
14/03/2025
reconductionFabio De Clercq — bedrijfsrevisor
2024
Annual accounts 2024-33,2 M €↑
2023
Annual accounts 2023-33,3 M €↓
2022
Annual accounts 2022-31,4 M €↓
18/03/2022
reconductionDeloitte Bedrijfsrevisoren — commissaris
01/01/2022
nominationFabio De Clercq — vaste vertegenwoordiger van de commissaris
2011
Annual accounts 2011-7,8 M €↑
2011
Annual accounts 2011-2,6 Md €↓
2010
Annual accounts 2010-10,2 M €↑
2009
Annual accounts 2009-11,1 M €↑
2008
Annual accounts 2008-1,6 Md €
04/07/1935
IncorporationCooperative company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ARCOFIN

Overview

What does ARCOFIN do?

Trend over 9 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline