Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARCADE from Visé, company number BE0895098182, closed financial year 2025 with a result of € 312,340 after tax. For that financial year ARCADE recorded revenue of € 672,670 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 372,092 to € 312,340. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 1.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 312,340
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 27,740
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 524,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.8
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 190,233
▲ 25% vs 2024
€ 67,900 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.
€ 14,672
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 33% vs 2024
€ 167,506 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 93,609
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 17,487
▼ 11% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 877,628 | € 814,922 | € 756,861 | € 672,670 | ▼ 11% |
| Profit after taxes | € 561,288 | € -262,537 | € 372,092 | € 312,340 | ▼ 16% |
| Equity | € 3,032,779 | € 2,306,241 | € 2,141,833 | € 1,920,546 | ▼ 10% |
| Total debts | € 7,725,534 | € 7,363,560 | € 7,787,623 | € 6,845,579 | ▼ 12% |
| Cash | € 36,246 | € 80,044 | € 39,480 | € 27,740 | ▼ 30% |
| Land & buildings | € 1,200,743 | € 1,138,390 | € 1,538,446 | € 1,446,629 | ▼ 6% |
| Retained profit | € 1,930,362 | € 1,203,824 | € 1,039,416 | € 818,129 | ▼ 21% |
| Dividend | € 440,500 | € 464,000 | € 536,500 | € 524,000 | ▼ 2% |
| Bank debt | € 2,356,195 | € 2,093,820 | € 1,906,835 | € 1,273,222 | ▼ 33% |
| Balance sheet total | € 10,758,313 | € 9,669,802 | € 9,929,457 | € 8,922,882 | ▼ 10% |
| Employees (FTE) | 2.2 | 2.2 | 2.1 | 2.8 | ▲ 0.7 |
Key figures of ARCADE, 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 ARCADE?
What happened at ARCADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- André LEGRAND stepped down as director. NBB
- Christophe THIRY stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 312,340 (▼ 16% vs 2024). Source: NBB ↗
- André LEGRAND became a director. NBB
- Christophe THIRY became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Visé. KBO
In short
From € 561,288 profit in 2022 to € 312,340 profit in 2025.
Paid € 14,750 in corporate taxes since 2022.
Best year ever: 2022, with € 561,288 profit.
Paid out € 2 million in dividends to the owners in total.
A new publication or filing at ARCADE? 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 shares are held by Souvré Invest (100%). It owns 100% of Barvo, 100% of Gema S.A., 100% of Visé Shopping Center, 100% of Gekel, 100% of Gewal and 100% of Geco itself.
Directors
According to the 2025 annual accounts
André LEGRAND
Managing director
Owns 25% via Souvré Invest
Also active at: GEKEL, VISE SHOPPING CENTER, OULIMA, C.T. Management, BARVO, GEMA, SOUVRÉ INVEST, GECO +2 more
since 2021 · until 2027
Christophe THIRY
Managing director
Owns 75% via Souvré Invest
Also active at: GEKEL, VISE SHOPPING CENTER, OULIMA, C.T. Management, BARVO, GEMA, SOUVRÉ INVEST, GECO +2 more
since 2021 · until 2027
Shareholders
Souvré Invest · holding of Christophe THIRY
100%
Establishments
Establishment units
Physical locations of this company
Rue Porte de Souvré(VIS) 46
4600 Visé
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →SOUVRÉ INVEST same network
GECO same network
€ 9.1 million revenue · 2025
SA ARCADE
Association des Copropriétaires rue Porte de Souvré 46 à Visé
CARADE
+1 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
- 0895.098.182
- VAT number
- BE 0895.098.182
- Registered office
- Rue Porte de Souvré(VIS) 46, 4600 Visé
- Names & denominations
- ARCADE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2008
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings