Financials
Financial year 2024
ARROW ECS from Machelen (Brab.), company number BE0463043851, closed financial year 2024 with a result of € 6 million after tax. For that financial year ARROW ECS recorded revenue of € 317.5 million and equity of € 25.5 million. Compared with financial year 2023, the result moved from € 4.8 million to € 6 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ 25.5 million
▲ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6 million
▲ 26% vs 2023
Profit after tax over the fiscal year.
€ 40,698
▲ € 30,670 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 25.4 million.
People and assets in 2024
55.3
▼ 1.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 7.1 million
▼ 10% vs 2023
€ 128,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,845
▼ 57% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 100.3 million
▲ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 121 days on average.
€ 10.9 million
▲ 15% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 212,199,912 | € 246,646,315 | € 272,161,268 | € 317,512,064 | ▲ 17% |
| Profit after taxes | € 1,700,410 | € 4,603,768 | € 4,777,933 | € 6,012,316 | ▲ 26% |
| Equity | € 10,063,314 | € 14,667,082 | € 19,445,015 | € 25,457,330 | ▲ 31% |
| Total debts | € 85,791,687 | € 80,206,348 | € 84,130,065 | € 111,402,366 | ▲ 32% |
| Cash | € 1,823 | € 203,112 | € 10,028 | € 40,698 | ▲ € 30,670 |
| Retained profit | € 10,001,314 | € 14,605,082 | € 19,383,015 | € 25,395,330 | ▲ 31% |
| Bank debt | € 7 | € 22 | € 0 | € 0 | |
| Balance sheet total | € 95,855,001 | € 94,873,430 | € 103,575,080 | € 136,859,696 | ▲ 32% |
| Employees (FTE) | 54.5 | 55.2 | 57.2 | 55.3 | ▼ 1.9 |
Key figures of ARROW ECS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ARROW ECS?
What happened at ARROW ECS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rick van Hattem stepped down as director. NBB
- Jes Kongsmark stepped down as director. NBB
- Ilias Khomsi El Haddad stepped down as director. NBB
- Henrik Resting-Jeppesen stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 6 million (▲ 26% vs 2023). filed late Source: NBB ↗
- Frederik Stolwijk stepped down as director. NBB
- Rick van Hattem became a director. NBB
- Eric Nowak stepped down as director. NBB
In short
From € 1.7 million profit in 2021 to € 6 million profit in 2024.
Paid € 6.2 million in corporate taxes since 2021.
Best year ever: 2024, with € 6 million profit.
Pays suppliers within 121 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Arrow ECS SAS (100%). It owns 91.8% of ARROW ECS itself.
Directors
According to the 2024 annual accounts
Henrik Resting-Jeppesen
Chairman of the board
since 2022 · until 2028
Frederik Stolwijk
Director
since 2022 · until 2025
Eric Nowak
Chairman of the board
since 2020 · until 2024
Rick van Hattem
Director
since 2025 · until 2031
Jes Kongsmark
Director
since 2024 · until 2030
Ilias Khomsi El Haddad
Persoon belast met dagelijks bestuur
since 2024 · until 2030
Pierre-Louis Furnal
Director
since 2022 · until 2024
Shareholders
100%
Participations
ARROW ECS
91.8%
Establishments
Establishment units
Physical locations of this company
Culliganlaan 1 A
1831 Machelen (Brab.)
Culliganlaan 1A
1831 Machelen (Brab.)
Active since 6 September 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.043.851
- VAT number
- BE 0463.043.851
- Registered office
- Culliganlaan 1 A, 1831 Machelen (Brab.)
- Names & denominations
- ARROW ECS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 1998
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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