Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
ARCO from Lokeren, company number BE0476905052, closed financial year 2025 with a result of € -344,244 after tax. For that financial year ARCO recorded revenue of € 28.9 million and equity of € 12.4 million. Compared with financial year 2024, the result moved from € 534,058 to € -344,244. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 12.4 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -344,244
▼ still € 534,058 profit in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12.4 million.
People and assets in 2025
113.4
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.7 million
▲ 9% vs 2024
€ 85,200 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.
€ 1.3 million
▼ 13% vs 2024
Of which on lease € 803,021.
Debts at end 2025
€ 6.8 million
▼ 35% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2.6 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
€ 1.2 million
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,237,771 | € 36,794,605 | € 38,616,240 | € 28,901,327 | ▼ 25% |
| Profit after taxes | € 3,635,590 | € 2,865,158 | € 534,058 | € -344,244 | ▼ € 878,303 |
| Equity | € 9,367,071 | € 12,232,230 | € 12,766,288 | € 12,422,044 | ▼ 3% |
| Total debts | € 13,508,343 | € 9,775,798 | € 17,190,493 | € 12,865,009 | ▼ 25% |
| Cash | € 3,300,045 | € 4,371,513 | € 2,367,123 | € 1,241,236 | ▼ 48% |
| Land & buildings | € 14,707 | € 11,907 | € 9,106 | € 6,692 | ▼ 27% |
| Retained profit | € 9,305,071 | € 12,170,230 | € 12,704,288 | € 12,360,044 | ▼ 3% |
| Dividend | € 1,700,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,277,934 | € 1,939,471 | € 10,531,660 | € 6,831,782 | ▼ 35% |
| Balance sheet total | € 22,875,415 | € 22,008,028 | € 29,956,781 | € 25,287,052 | ▼ 16% |
| Employees (FTE) | - | 110.9 | 112.7 | 113.4 | ▲ 0.7 |
Key figures of ARCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ARCO?
What happened at ARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc Van Raemdonck stepped down as director. NBB
- Farinotti bv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 344,244 (▼ € 878,303 vs 2024). filed late Source: NBB ↗
- Luc Van Raemdonck became a director. NBB
- Farinotti bv became a director. NBB
- New establishment in Namur. KBO
- New establishment in Geel. KBO
- New establishment in Lokeren. KBO
In short
From € 3.6 million profit in 2022 to € 344,244 loss in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.6 million profit.
Paid out € 1.7 million in dividends to the owners in total.
A new publication or filing at ARCO? We notify you, reason included.
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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 stake of Climate Pioneers comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARCOThe shares are held by A+ bv (100%) and Climate Pioneers (0%). It owns 100% of KM GROEP, 0% of Vos Technics, 0% of Jerlo and 0% of Vos Immo itself.
Directors
According to the 2025 annual accounts
Luc Van Raemdonck
Director
Also active at: Koelinstallaties van Driessche, ALFA, DELTA INDUSTRIAL, BEAUFORT, A+, Cool Holding, A-IMMO, Arco Piping +1 more
since 2022 · until 2028
Managing director · represented by Sébastien Farinotti
Owns 0% via Climate Pioneers
Also active at: Koelinstallaties van Driessche, DELTA INDUSTRIAL, A+, Cool Holding, Arco Piping, Arco Groep
since 2022 · until 2028
Shareholders
100%
Climate Pioneers · holding of Farinotti bv
0%
Participations
Establishments
Establishment units
Physical locations of this company
Brandstraat 22
9160 Lokeren
Nouvelle Route de Suarlée(RH) 14 box B21
5020 Namur
Active since 11 July 2022
Janssen-Pharmaceuticalaan 4
2440 Geel
Active since 30 December 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Koelinstallaties van Driessche same network
€ -10,114 gross margin · 2025
DELTA INDUSTRIAL same network
€ 395 gross margin · 2025
A+ same network
€ 522,127 revenue · 2025
ARCO GROEP NV
Cool Holding same network
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.905.052
- VAT number
- BE 0476.905.052
- Registered office
- Brandstraat 22, 9160 Lokeren
- Names & denominations
- ARCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2002
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
Vervaardiging van uitrusting voor de koeltechniek en klimaatregeling, voor niet-huishoudelijk gebruik
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Vervaardiging van elektrische huishoudapparaten
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie