ACTIVE

ARCOR

Financial year 2025 · closed on 31/12/2025
Net result
44,5 k €
+75.2% YoY
Gross margin
4,1 M €
+6.4% YoY
Equity
3,6 M €
-1.9% YoY
Workforce
116,3 ETP
-2.8% YoY

What does ARCOR do?

ARCOR is a Non-profit organization incorporated in 1966. Its registered office is in Ronse. It employs on average 116,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.962.274
Incorporation
08/11/1966
Legal form
Non-profit organization
Registered office
Rue de Ninove 106
9600 Ronse · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
116,3 ETP
Joint committees (1)
  • 32701
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin4,1 M €3,8 M €2,1 M €1,9 M €
EBITDA293,3 k €211,9 k €40,7 k €287 k €407 k €490,2 k €366,3 k €514 k €462,4 k €346,6 k €338,4 k €370,8 k €272 k €229,7 k €309,1 k €195,3 k €176,3 k €60 k €
Operating result40,2 k €-6,9 k €-136,5 k €90,2 k €202,3 k €299,2 k €175,9 k €336,8 k €324,4 k €233,5 k €231,9 k €263,4 k €163,3 k €83,6 k €175,9 k €109,3 k €86,5 k €19,8 k €
Net result44,5 k €25,4 k €-79 k €44,3 k €219,7 k €302,4 k €155,8 k €300,9 k €291,9 k €170,1 k €162,1 k €218,3 k €34,4 k €7,8 k €118 k €55,8 k €19,5 k €28,3 k €
Balance sheet
Equity3,6 M €3,7 M €3,7 M €3,6 M €3,6 M €3,4 M €3,1 M €3 M €2,6 M €2,3 M €2,2 M €2 M €1,8 M €1,8 M €1,8 M €1,7 M €1,7 M €1,7 M €
Total assets4,4 M €4,7 M €4,7 M €4,8 M €4,9 M €4,8 M €4,6 M €4,6 M €4,2 M €3,8 M €3,7 M €3,9 M €3,5 M €3,7 M €3,6 M €3,6 M €3,6 M €2,3 M €
Cash2 M €2,3 M €1,5 M €1,5 M €1,4 M €1,6 M €1,4 M €1,2 M €907,7 k €780,5 k €520,2 k €660,1 k €406,1 k €686,6 k €451,9 k €326,1 k €426,3 k €355,3 k €
Debts717,5 k €940 k €993,3 k €1,2 M €1,3 M €1,3 M €1,3 M €1,5 M €1,5 M €1,4 M €1,5 M €1,7 M €1,6 M €1,8 M €1,8 M €1,8 M €1,8 M €569,7 k €
Other
Workforce116,3 ETP119,6 ETP117,5 ETP116,9 ETP116,9 ETP115,1 ETP115,2 ETP120,2 ETP115,4 ETP114,2 ETP112,8 ETP114,5 ETP111,0 ETP116,0 ETP119,6 ETP109,4 ETP100,0 ETP99,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 42 ended

Active mandates

André Van Butsel

Chairman of the board of directors · since 19 avril 2024 · until 19 avril 2029

Active
Claudine De Wolf

Director · since 19 avril 2024 · until 19 avril 2029

Active
Lydie Verplancken

Director · since 19 avril 2024 · until 19 avril 2029

Active
Michel Ferrant

Director · since 19 avril 2024 · until 19 avril 2029

Active
Thijs Demeulenaere

Director · since 19 avril 2024 · until 19 avril 2029

Active
Vicky Provost

Director · since 19 avril 2024 · until 19 avril 2029

Active
Yves Sadoine

Director · since 19 avril 2024 · until 19 avril 2029

Active

Ended mandates

Thijs De Meulenaere

Director · since 21 avril 2023 · until 19 avril 2024

Ended
André Van Butsel

Chairman of the board of directors · since 05 septembre 2022

Ended
Edward Valk

Director · since 05 septembre 2022

Ended
André Van Butsel

Chairman of the board of directors · since 12 avril 2019 · until 12 avril 2024

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/05/202605/05/202511/07/202417/05/202326/04/202207/06/2021
General meeting28/04/202629/04/202519/04/202421/04/202322/04/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/04/202620/05/2026DutchPDF
Abridged model31/12/202429/04/202505/05/2025DutchPDF
Full modelCorrection31/12/202319/04/202411/07/2024DutchPDF
Full model31/12/202319/04/202414/05/2024DutchPDF
Full model31/12/202221/04/202317/05/2023DutchPDF
Full model31/12/202122/04/202226/04/2022DutchPDF
Full model31/12/202028/05/202107/06/2021DutchPDF
Full model31/12/201902/07/202016/07/2020DutchPDF
Full model31/12/201812/04/201926/04/2019DutchPDF
Full model31/12/201706/04/201820/04/2018DutchPDF
Full model31/12/201631/03/201725/04/2017DutchPDF
Full model31/12/201508/04/201602/05/2016DutchPDF
Full model31/12/201403/04/201507/04/2015DutchPDF
Full model31/12/201321/03/201414/04/2014DutchPDF
Full model31/12/201228/03/201307/05/2013DutchPDF
Full model31/12/201115/03/201222/03/2012DutchPDF
Full model31/12/201016/03/201131/03/2011DutchPDF
Abridged model31/12/200911/03/201019/03/2010DutchPDF
Abridged model31/12/200805/03/200918/03/2009DutchPDF
Abridged model31/12/200706/03/200807/03/2008DutchPDF
Abridged model31/12/200612/03/200722/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/12/2025 · 7 active · 42 ended

Active mandates

André Van Butsel

Chairman of the board of directors · since 19 avril 2024 · until 19 avril 2029

Active
Claudine De Wolf

Director · since 19 avril 2024 · until 19 avril 2029

Active
Lydie Verplancken

Director · since 19 avril 2024 · until 19 avril 2029

Active
Michel Ferrant

Director · since 19 avril 2024 · until 19 avril 2029

Active
Thijs Demeulenaere

Director · since 19 avril 2024 · until 19 avril 2029

Active
Vicky Provost

Director · since 19 avril 2024 · until 19 avril 2029

Active
Yves Sadoine

Director · since 19 avril 2024 · until 19 avril 2029

Active

Ended mandates

Thijs De Meulenaere

Director · since 21 avril 2023 · until 19 avril 2024

Ended
André Van Butsel

Chairman of the board of directors · since 05 septembre 2022

Ended
Edward Valk

Director · since 05 septembre 2022

Ended
André Van Butsel

Chairman of the board of directors · since 12 avril 2019 · until 12 avril 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/07/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2015
    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

Timeline

  1. 2025
    Annual accounts 202544,5 k €
  2. 2024
    Annual accounts 202425,4 k €
  3. 2023
    Annual accounts 2023-79 k €
  4. 2022
    Annual accounts 202244,3 k €
  5. 2021
    Annual accounts 2021219,7 k €
  6. 2020
    Annual accounts 2020302,4 k €
  7. 2019
    Annual accounts 2019155,8 k €
  8. 2018
    Annual accounts 2018300,9 k €
  9. 2017
    Annual accounts 2017291,9 k €
  10. 2016
    Annual accounts 2016170,1 k €
  11. 2015
    Annual accounts 2015162,1 k €
  12. 2014
    Annual accounts 2014218,3 k €
  13. 2013
    Annual accounts 201334,4 k €
  14. 2012
    Annual accounts 20127,8 k €
  15. 2011
    Annual accounts 2011118 k €
  16. 2010
    Annual accounts 201055,8 k €
  17. 2009
    Annual accounts 200919,5 k €
  18. 2008
    Annual accounts 200828,3 k €
  19. 08/11/1966
    IncorporationNon-profit organization