ACTIVE

Arcade

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Financial year 2025 · closed on 31/12/2025

Net result

-272,2 k €

-253.8% YoY

Equity

10,7 M €

+6.2% YoY

Workforce

93,3 ETP

+1.4% YoY

What does Arcade do?

Arcade is a Non-profit organization incorporated in 1975. Its main activity is: General secondary education. Its registered office is in Gistel. It employs on average 93,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.028.752

Incorporation

26/02/1975

Legal form

Non-profit organization

Registered office

Callaertswalledreef 18
8470 Gistel · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

93,3 ETP

Activities (NACE)

85313General secondary education· main 87901Other residential care activities 87991Other residential care activities

Joint committees (1)

31901

Contacts

4 public details availableLog in to view

Signals

Solid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
EBITDA	426,9 k €	+100%	212,9 k €	-57.2%	497,3 k €	+24.8%	398,5 k €	-2.2%	407,3 k €	+117%	187,3 k €	-62.8%	503,6 k €	+20.1%	419,4 k €	+175%	152,6 k €	-30.3%	218,8 k €	-18.6%	268,9 k €	-19.1%	332,5 k €	+33.8%	248,5 k €	-59.1%	608,1 k €	+464%	107,8 k €	+22.3%	88,2 k €	-55.4%	197,8 k €	+85.1%	106,9 k €	-12.8%	122,5 k €
Operating result	-216 k €	-239%	154,9 k €	-63.9%	429,6 k €	+30.5%	329,3 k €	+32.4%	248,6 k €	+102%	123,2 k €	-72.6%	449,7 k €	+22.4%	367,5 k €	+265%	100,8 k €	-26.1%	136,3 k €	-24.1%	179,5 k €	-23.3%	234,1 k €	+39.8%	167,5 k €	-68.3%	528,6 k €	+2627%	19,4 k €	+279%	5,1 k €	-95.3%	107,9 k €	+260%	30 k €	-51.5%	61,8 k €
Net result	-272,2 k €	-254%	177 k €	-62.0%	465,9 k €	+50.0%	310,7 k €	+36.6%	227,5 k €	+87.8%	121,2 k €	-73.1%	450,4 k €	+21.9%	369,4 k €	+293%	93,9 k €	-38.9%	153,7 k €	-18.9%	189,4 k €	-45.8%	349,6 k €	+76.7%	197,9 k €	-65.0%	564,9 k €	+1048%	49,2 k €	-37.4%	78,6 k €	-34.8%	120,4 k €	+104%	59 k €	-47.1%	111,7 k €
Balance sheet
Equity	10,7 M €	+6.2%	10,1 M €	+36.0%	7,4 M €	+35.4%	5,5 M €	+13.0%	4,8 M €	+4.9%	4,6 M €	+2.6%	4,5 M €	+11.0%	4 M €	+9.9%	3,7 M €	+2.6%	3,6 M €	+3.7%	3,5 M €	+5.0%	3,3 M €	+13.4%	2,9 M €	+6.9%	2,7 M €	+25.6%	2,2 M €	+1.8%	2,1 M €	+3.3%	2,1 M €	+5.6%	2 M €	+3.4%	1,9 M €
Total assets	14 M €	-2.0%	14,3 M €	+24.9%	11,4 M €	+57.7%	7,3 M €	+14.3%	6,4 M €	+8.8%	5,8 M €	+5.5%	5,5 M €	+7.8%	5,1 M €	+7.3%	4,8 M €	+2.0%	4,7 M €	+12.3%	4,2 M €	+3.7%	4 M €	+1.3%	4 M €	+9.0%	3,6 M €	+21.6%	3 M €	-4.0%	3,1 M €	+7.7%	2,9 M €	-1.0%	2,9 M €	-1.6%	3 M €
Cash	590,7 k €	+5.9%	557,7 k €	-36.1%	873,4 k €	-46.8%	1,6 M €	-43.0%	2,9 M €	-17.8%	3,5 M €	+4.6%	3,4 M €	+13.6%	3 M €	+11.8%	2,6 M €	+5.3%	2,5 M €	+29.3%	1,9 M €	+0.7%	1,9 M €	+359%	418,9 k €	+74.1%	240,6 k €	-26.9%	329,1 k €	+48.4%	221,8 k €	+11.8%	198,4 k €	+14.2%	173,7 k €	+63.6%	106,1 k €
Debts	3,2 M €	-21.3%	4 M €	+5.7%	3,8 M €	+137%	1,6 M €	+23.1%	1,3 M €	+15.0%	1,1 M €	+23.5%	920,2 k €	-0.4%	923,9 k €	-0.8%	931,6 k €	+0.5%	926,8 k €	+72.0%	538,8 k €	-4.1%	562,2 k €	-36.7%	888,7 k €	+13.6%	782,4 k €	-6.0%	832,3 k €	-12.9%	956,2 k €	+14.0%	838,5 k €	-14.1%	976,3 k €	-10.2%	1,1 M €
Other
Workforce	93,3 ETP	+1.4%	92,0 ETP	+8.7%	84,6 ETP	+1.4%	83,4 ETP	+0.1%	83,3 ETP	+1.5%	82,1 ETP	-2.4%	84,1 ETP	+2.3%	82,2 ETP	-0.6%	82,7 ETP	-1.2%	83,7 ETP	-0.1%	83,8 ETP	+4.7%	80,0 ETP	-4.4%	83,7 ETP	-1.5%	85,0 ETP	+3.3%	82,3 ETP	-1.4%	83,5 ETP	+9.4%	76,3 ETP	-0.5%	76,7 ETP	+2.3%	75,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 49 ended

Active mandates

Geert Devoogt

Director · since 17 juin 2024 · until 16 juin 2027

Active

Luc Rosseel

Director · since 17 juin 2024 · until 16 juin 2027

Active

Peter Meeus

Director · since 17 juin 2024 · until 16 juin 2027

Active

Christine Snauwaert

Director · since 16 mai 2023 · until 16 mai 2027

Active

Inge Algoet

Director · since 16 mai 2023 · until 16 mai 2027

Active

Irene Derluyn

Director · since 16 mai 2023 · until 16 mai 2027

Active

Tim Vansevenant

Chairman of the board of directors · since 16 mai 2023 · until 16 mai 2027

Active

Ended mandates

Christine Snauwaert

Director · since 20 avril 2017 · until 19 avril 2022

Ended

Christine Snauwaert

Director · since 20 avril 2017 · until 16 mai 2022

Ended

Inge Algoet

Director · since 20 avril 2017 · until 19 avril 2022

Ended

Inge Algoet

Director · since 20 avril 2017 · until 16 mai 2022

Ended

At this address

Other companies at this address

Company	CBE no.
TC de dreef● Active	0552.872.581
TENNISCLUB DE CAMPAGNEVRIENDEN● Active	0459.929.557

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	09/07/2026	14/07/2025	26/07/2024	24/05/2023	22/06/2022	20/10/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	16/05/2023	16/05/2022	21/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	09/07/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	14/07/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	26/07/2024	Dutch	PDF
Full model	31/12/2022	16/05/2023	24/05/2023	Dutch	PDF
Full model	31/12/2021	16/05/2022	22/06/2022	Dutch	PDF
Full modelCorrection	31/12/2020	21/06/2021	20/10/2021	Dutch	PDF
Full model	31/12/2020	21/06/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	18/05/2020	22/06/2020	Dutch	PDF
Full modelCorrection	31/12/2018	13/05/2019	19/02/2020	Dutch	PDF
Full model	31/12/2018	13/05/2019	20/05/2019	Dutch	PDF
Full model	31/12/2017	25/04/2018	15/05/2018	Dutch	PDF
Full model	31/12/2016	19/04/2017	04/05/2017	Dutch	PDF
Full model	31/12/2015	18/05/2016	23/05/2016	Dutch	PDF
Full model	31/12/2014	06/05/2015	18/05/2015	Dutch	PDF
Full model	31/12/2013	23/04/2014	28/04/2014	Dutch	PDF
Full model	31/12/2012	23/05/2013	31/05/2013	Dutch	PDF
Full model	31/12/2011	13/06/2012	18/06/2012	Dutch	PDF
Full model	31/12/2010	18/05/2011	23/05/2011	Dutch	PDF
Full model	31/12/2009	10/06/2010	23/06/2010	Dutch	PDF
Full model	31/12/2008	27/05/2009	17/06/2009	Dutch	PDF
Full model	31/12/2007	28/05/2008	13/06/2008	Dutch	PDF
Full model	31/12/2006	25/04/2007	07/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 49 ended

Active mandates

Geert Devoogt

Director · since 17 juin 2024 · until 16 juin 2027

Active

Luc Rosseel

Director · since 17 juin 2024 · until 16 juin 2027

Active

Peter Meeus

Director · since 17 juin 2024 · until 16 juin 2027

Active

Christine Snauwaert

Director · since 16 mai 2023 · until 16 mai 2027

Active

Inge Algoet

Director · since 16 mai 2023 · until 16 mai 2027

Active

Irene Derluyn

Director · since 16 mai 2023 · until 16 mai 2027

Active

Tim Vansevenant

Chairman of the board of directors · since 16 mai 2023 · until 16 mai 2027

Active

Ended mandates

Christine Snauwaert

Director · since 20 avril 2017 · until 19 avril 2022

Ended

Christine Snauwaert

Director · since 20 avril 2017 · until 16 mai 2022

Ended

Inge Algoet

Director · since 20 avril 2017 · until 19 avril 2022

Ended

Inge Algoet

Director · since 20 avril 2017 · until 16 mai 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2026
Ontslag bestuurder
PDF
Mandates12/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other15/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2017
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 2025-272,2 k €↓
2024
Annual accounts 2024177 k €↓
2023
Annual accounts 2023465,9 k €↑
2022
Annual accounts 2022310,7 k €↑
2021
Annual accounts 2021227,5 k €↑
2020
Annual accounts 2020121,2 k €↓
2019
Annual accounts 2019450,4 k €↑
2018
Annual accounts 2018369,4 k €↑
2017
Annual accounts 201793,9 k €↓
2016
Annual accounts 2016153,7 k €↓
2015
Annual accounts 2015189,4 k €↓
2014
Annual accounts 2014349,6 k €↑
2013
Annual accounts 2013197,9 k €↓
2012
Annual accounts 2012564,9 k €↑
2011
Annual accounts 201149,2 k €↓
2010
Annual accounts 201078,6 k €↓
2009
Annual accounts 2009120,4 k €↑
2008
Annual accounts 200859 k €↓
2007
Annual accounts 2007111,7 k €
26/02/1975
IncorporationNon-profit organization

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

Arcade

Overview

What does Arcade do?

Trend over 19 financial years

Indicative valuation

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