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ART-BE

Active Private limited company (pre-2019)founded 2016active for 10 yearsAzalealaan 120, 9100 Sint-NiklaasKBO/BCE: BE 0654.721.987

Lifetime

10 annual accounts with figures on one time axis
peak €23,953 (2021)
€2,053▼ 69.1%
lowest -€14,666 (2022)
€958▼ 75.5%
peak €55,522 (2021)
€52,717▲ 1.9%
€2,918▼ 46.3%
Board2 names since 2016
- 
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €6,645 to €2,053Result from €3,905 to €958Registered office moved within Sint-Niklaas 18-08Debts from €5,432 to €2,918Cash from €1,360 to €4,070

Key points

from the 2025 annual accounts

Liquidity

19.01 was 10.50 in 2024

Short-term debts fell from €5,432 to €2,918.

Filings

10 annual accounts 10 late
AprilJune31 JulyOctober20202025

The 2021 accounts came latest: 121 days after the end of the period.

Position in the sector

94.8%

Higher solvency than 95% of companies in construction of buildings. Sector median 43.1% · 10,152 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as ART-BE has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,902 companies, not a prediction for ART-BE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Manager, until 2023
  • all the sharesdeed of 03-08-2023
Board & ownership

Recent changes

Registered office moved within Sint-Niklaas New registered office: Azalealaan 120, 9100 Sint-Niklaas · Previous registered office: Chrysantenstraat 28, 9100 Sint-Niklaas · General meeting of 02-07-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0654721987
Registered office moved within Sint-Niklaas New registered office: Chrysantenstraat 28, 9100 Sint-Niklaas · Previous registered office: Chrysantenstraat 3, 9100 Sint-Niklaas · General meeting of 01-04-2025 · Gazette deed
Resignation: (manager) Transfer of shares from to · Director discharge: · General meeting of 29-06-2023 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
ART-BE Sint-Niklaas €55,635 €2,053 94.8% -
DAR Brussels €46,425 €2,519 74.9% -
A BELLEMANS SPRL Lontzen €50,755 €1,892 87.0% -
EXIGENCE RENOVATION Forest €38,430 €2,335 73.4% -
MGG CONSTRUCT Jodoigne €50,352 €1,794 76.0% -
HISAR GROUP Antwerp €56,793 €1,785 95.9% -
GPT Koekelberg €88,216 €2,020 65.8% -

These companies have the same main activity as ART-BE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €38,400 and €88,200, founded between 2012 and 2018.

Official details

Source: KBO
Status
Active since 13-05-2016Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.252.973.1719100 Sint-Niklaas, since 13-05-2016
Financial year end
31 December
Peppol
Reachable since 26-12-2025
Company details

Annual accounts 2025

≈ €25,000estimated
€55,635▼ 2.7%
Filing
Filed on 31-08-2026
Financials

Insights on ART-BE

ART-BE files the micro format. That format states no turnover. The gross margin fell from €18,458 in 2016 to €2,053 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ART-BE

What is the company number of ART-BE?
The company number of ART-BE is 0654.721.987. The VAT number is the same number with BE in front: BE 0654.721.987.
Where is ART-BE based?
The registered office is at Azalealaan 120, 9100 Sint-Niklaas.Company details
What does ART-BE do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of ART-BE?
ART-BE is a private limited company (pre-2019) (BVBA).
When was ART-BE founded?
ART-BE was founded on 13-05-2016.
Is ART-BE still active?
Yes, ART-BE is an active enterprise in the KBO register.
What is the turnover of ART-BE?
The turnover in financial year 2025 is ≈ €25,000. This figure is estimated from the gross margin of €2,053 and 262 comparable companies (NACE 41001). It probably lies between €13,000 and €45,000. It is a rough estimate.Financials
Is ART-BE profitable?
In financial year 2025, ART-BE made a profit of €958.
Where can I find the annual accounts of ART-BE?
ART-BE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ART-BE due?
ART-BE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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