ART BOUW
ActiveThe computed 12-month bankruptcy probability of ART BOUW is 1.8% (moderate). The 2025 annual accounts show equity of €34k and a net result of €11k. Equity is growing by ~43.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 2162 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+57
Solvency88▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.31 in 2024; short-term debt: 37% and cash: 35.2% of total assets), and 37% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63%
Return on assets
20.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
5 d late
2024
31 d late
2023
149 d late
2022
28 d late
2021
19 d early
2020
93 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€47k
EBIT margin
9.5%
Net result
€11k▲ 215%
2024 · €3k
2020: €3k
2021: €2k
2022: €7k
2023: €5k
2024: €3k
2020 → 2025
Working capital
€32k▲ 43.5%
2024 · €22k
2020: €6k
2021: €-5k
2022: €-3k
2023: €3k
2024: €22k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€15k▲ 98.2%€20k▲ 35.1%€23k▲ 17.5%€34k▲ 47.0%
Operating result€3k-€11k▲ 217%€8k▼ 25.2%€-8k€18k
Net result€2k-€7k▲ 310%€5k▼ 29.1%€3k▼ 32.6%€11k▲ 215%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €18k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€2k▲ 117%
Current assets
€52k▲ 32.8%
Equity and liabilities €54k
Equity
€34k▲ 47.0%
Debt
€20k▲ 18.9%
The debt ratio falls from 42.1% to 37.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▲
2024 · €-8k
Cash flow
€12k▲
2024 · €4k
Solvency
63.0%▲
2024 · 57.9%
Current ratio
2.58▲
2024 · 2.31
Quick ratio
2.58▲
2024 · 2.31
Debt / equity
0.59▼
2024 · 0.73
ROE
32.0%▲
2024 · 14.9%
ROA
20.1%▲
2024 · 8.6%
Interest coverage
5.14▲
2024 · -18.93
Debt
€20k▲
2024 · €17k
Debt ≤ 1 year
€20k▲
2024 · €17k
Income taxes
€4k▲
2024 · €816
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€40k€54k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24-€757
Current assets29/58€39k€52k▲
Amounts receivable within one year40/41€19k€29k▲
Trade receivables40€17k€20k▲
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€19k€19k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€40k€54k▲
Equity10/15€23k€34k▲
Contributions10/11€3k€3k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€18k€29k▲
Amounts payable17/49€17k€20k▲
Amounts payable within one year42/48€17k€20k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€8k€11k▲
Suppliers440/4€8k€11k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€525€987▲
Other operating charges640/8€325€879▲
Gross operating margin9900€-7k€20k▲
Operating profit (loss)9901€-8k€18k▲
Financial income75/76B€13k€438▼
Recurring financial income75€62€438▲
Non-recurring financial income76B€13k-
Financial charges65/66B€413€4k▲
Recurring financial charges65€413€4k▲
Profit (loss) for the period before taxes9903€4k€15k▲
Income taxes67/77€816€4k▲
Profit (loss) for the period9904€3k€11k▲
Profit (loss) for the period to be appropriated9905€3k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€29k▲
Profit (loss) brought forward from the previous period14P€14k€18k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
31-12
Financial
Highest result since 2020net €11k ▲215%
Operating result €18k, net result €11k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.31
Current ratio from 1.11 to 2.31; short-term debt falls from €29k to €17k.
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 149 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €2k ▼43.3%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diest · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Halensebaan 1653290 DiestGround area
474 m²
Building footprint
141 m²
Volume, LiDAR
38 m³
Parcel 24120B0177/00F004, Flanders · tallest building 6.2 m. Linked by address, not a title deed.
1 establishment unit
ART BOUW
since 20202.302.066.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24120B0177/00F004 | Flanders | 474 m² | 1 · 141 m² | 6.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Bouwwerken Frank Meulemans
BE 0809.637.026
Arendonk · Eq €34k
JORES
BE 0834.991.341
Mol · Eq €34k
HEPIRCO
BE 0786.848.360
Sint-Truiden · Eq €34k
CONSMET
BE 0818.615.563
Sint-Niklaas · Eq €34k
DVS-CONSTRUCT
BE 0863.858.046
Ronse · Eq €34k
Of 29,803 companies in sector 41001 we hold annual accounts for 16,038. 12,620 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43120Site preparation
43410Roofing work
43421Specialised construction activities
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.