ACTIVE

ARCO

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Financial year 2025 · closed on 31/12/2025

Net result

5,9 k €

-17.9% YoY

Gross margin

27,1 k €

+6.3% YoY

Equity

248,1 k €

+2.4% YoY

What does ARCO do?

ARCO is a Public limited company incorporated in 1994. Its main activity is: Market research and public opinion polling. Its registered office is in Bilzen-Hoeselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.630.704

Incorporation

02/05/1994

Legal form

Public limited company

Registered office

Waterstraat 78 box 2
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

68 170,72 €

Latest accounts

31/12/2025

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities 01121Growing of rice 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	27,1 k €	+6.3%	25,5 k €	+97.0%	13 k €	-86.8%	98,2 k €	+391%	20 k €	-5.9%	21,3 k €	+9.2%	19,5 k €	+4.8%	18,6 k €	-6.5%	19,9 k €	+5.1%	18,9 k €	+15.2%	16,4 k €	+13.7%	14,4 k €	-7.5%	15,6 k €	-4.0%	16,3 k €	-14.6%	19 k €	+5.9%	18 k €	+0.8%	17,8 k €	-23.7%	23,4 k €	+15.3%	20,3 k €	+8.9%	18,6 k €
EBITDA	24,6 k €	+8.4%	22,7 k €	+113%	10,6 k €	-88.9%	96 k €	+449%	17,5 k €	-8.9%	19,2 k €	+9.2%	17,6 k €	+7.0%	16,4 k €	-7.6%	17,8 k €	+2.6%	17,3 k €	+15.9%	15 k €	+15.2%	13 k €	-8.3%	14,2 k €	-4.6%	14,9 k €	-15.9%	17,7 k €	+5.8%	16,7 k €	+0.2%	16,7 k €	-24.1%	21,9 k €	+17.6%	18,7 k €	+8.9%	17,1 k €
Operating result	12,5 k €	-8.1%	13,6 k €	+513%	2,2 k €	-97.5%	87,7 k €	+779%	10 k €	+106%	4,8 k €	+36.8%	3,5 k €	+18.1%	3 k €	-24.2%	4 k €	+17.9%	3,4 k €	-54.5%	7,4 k €	+34.3%	5,5 k €	-17.4%	6,6 k €	-11.0%	7,5 k €	+50.3%	5 k €	+4.0%	4,8 k €	+2.7%	4,7 k €	-52.3%	9,8 k €	+42.2%	6,9 k €	-35.9%	10,7 k €
Net result	5,9 k €	-17.9%	7,2 k €	+189%	2,5 k €	-96.0%	62,9 k €	+813%	6,9 k €	+130%	3 k €	+50.0%	2 k €	+21.6%	1,6 k €	-23.7%	2,2 k €	-57.2%	5 k €	-21.5%	6,4 k €	+28.7%	5 k €	-11.1%	5,6 k €	-4.5%	5,9 k €	+75.9%	3,3 k €	+21.7%	2,7 k €	+33.8%	2 k €	-55.2%	4,6 k €	-25.3%	6,1 k €	+11.3%	5,5 k €
Balance sheet
Equity	248,1 k €	+2.4%	242,2 k €	+3.1%	235 k €	+1.1%	232,5 k €	+37.1%	169,6 k €	+4.2%	162,7 k €	+1.9%	159,7 k €	+1.3%	157,7 k €	+1.1%	156 k €	+1.4%	153,9 k €	+3.4%	148,9 k €	+4.5%	142,5 k €	+3.6%	137,5 k €	+4.2%	131,9 k €	+4.6%	126 k €	+2.7%	122,7 k €	+2.3%	120 k €	+1.7%	117,9 k €	+4.0%	113,4 k €	+5.7%	107,2 k €
Total assets	255,9 k €	+4.4%	245,1 k €	-1.4%	248,7 k €	+0.8%	246,8 k €	+44.1%	171,3 k €	+4.5%	163,9 k €	+2.2%	160,3 k €	-0.4%	161 k €	-3.9%	167,6 k €	-5.8%	177,9 k €	+2.8%	173,1 k €	+2.1%	169,6 k €	-0.4%	170,3 k €	-1.9%	173,6 k €	-0.0%	173,6 k €	-3.5%	180 k €	-4.3%	188 k €	-4.9%	197,7 k €	-2.5%	202,7 k €	+6.6%	190,2 k €
Cash	119,3 k €	+97.7%	60,4 k €	-13.6%	69,9 k €	-56.8%	161,7 k €	+169%	60,1 k €	+21.9%	49,3 k €	+56.6%	31,5 k €	+25.3%	25,1 k €	+17.7%	21,3 k €	+32.5%	16,1 k €	-49.7%	32 k €	+49.8%	21,4 k €	+11.4%	19,2 k €	+21.7%	15,7 k €	+62.2%	9,7 k €	-13.8%	11,3 k €	+15.9%	9,7 k €	+42.3%	6,8 k €	+45.0%	4,7 k €	-48.8%	9,2 k €
Debts	7,8 k €	+164%	2,9 k €	-78.5%	13,7 k €	-4.5%	14,4 k €	+743%	1,7 k €	+42.4%	1,2 k €	+86.1%	642,8 €	-80.9%	3,4 k €	-70.9%	11,5 k €	-52.0%	24 k €	-1.0%	24,2 k €	-10.6%	27,1 k €	-17.4%	32,8 k €	-21.3%	41,7 k €	-12.3%	47,5 k €	-17.0%	57,3 k €	-15.8%	68 k €	-14.7%	79,8 k €	-10.7%	89,3 k €	+7.7%	83 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

Hubert Colla

Director

Active

Peter Colla

Managing director

Active

Vera Arits

Director

Active

Ended mandates

Hubert Colla

Director · since 05 juin 2023 · until 04 juin 2029

Ended

Peter Colla

Managing director · since 05 juin 2023 · until 04 juin 2029

Ended

Vera Arits

Director · since 05 juin 2023 · until 04 juin 2029

Ended

Hubert COLLA

Director · since 04 juin 2011 · until 04 juin 2017

Ended

At this address

Other companies at this address

Company	CBE no.
CODAHP● Active	0450.862.730
Colla & Zonen● Active	0433.912.771
HUMA● Active	0453.927.039

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	23/06/2026	03/06/2025	04/06/2024	07/06/2023	14/06/2022	08/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	23/06/2026	Dutch	PDF
Micro model	31/12/2024	02/06/2025	03/06/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	04/06/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	07/06/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	14/06/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	08/06/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	22/06/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	06/06/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	05/06/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	07/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	05/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 3 active · 10 ended

Active mandates

Hubert Colla

Director

Active

Peter Colla

Managing director

Active

Vera Arits

Director

Active

Ended mandates

Hubert Colla

Director · since 05 juin 2023 · until 04 juin 2029

Ended

Peter Colla

Managing director · since 05 juin 2023 · until 04 juin 2029

Ended

Vera Arits

Director · since 05 juin 2023 · until 04 juin 2029

Ended

Hubert COLLA

Director · since 04 juin 2011 · until 04 juin 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2006
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 20255,9 k €↓
2024
Annual accounts 20247,2 k €↑
2023
Annual accounts 20232,5 k €↓
2022
Annual accounts 202262,9 k €↑
2021
Annual accounts 20216,9 k €↑
2020
Annual accounts 20203 k €↑
2019
Annual accounts 20192 k €↑
2018
Annual accounts 20181,6 k €↓
2017
Annual accounts 20172,2 k €↓
2016
Annual accounts 20165 k €↓
2015
Annual accounts 20156,4 k €↑
2014
Annual accounts 20145 k €↓
2013
Annual accounts 20135,6 k €↓
2012
Annual accounts 20125,9 k €↑
2011
Annual accounts 20113,3 k €↑
2010
Annual accounts 20102,7 k €↑
2009
Annual accounts 20092 k €↓
2008
Annual accounts 20084,6 k €↓
2007
Annual accounts 20076,1 k €↑
2006
Annual accounts 20065,5 k €
02/05/1994
IncorporationPublic limited company

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

ARCO

Overview

What does ARCO do?

Trend over 20 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