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ART BRUSH

Active
Private limited company (pre-2019)founded 200125 yrs activeAvenue de l'Europe 54, 6001 Charleroi, BelgiumKBO/BCE: BE 0474.536.371

The file of ART BRUSH contains 1 judicial reorganisation and 1 administrative flag, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is ≥ 25% (high). The 2018 annual accounts show negative equity (-€30,823) and a net result of €1. Equity is growing by ~2.6% per year across the filed fiscal years.

Overview

Activity
Activity not known1 site
Size
€32,899total assets 2018
Equity
-€30,823
Profit
€1
Financial health
Bankruptcy chance 12 m
≥ 25%
2018 figures too old to score
Structure
Accounts 2440 d overdue0 of 1 deed read
Signals- Figures for FY 2018 (filed 08-02-2019)- Judicial reorganisation on record (1 publication, latest 25-11-2013)- Ex-officio strike-off in the KBO- Administrative warnings in the KBO publications+ Size: total assets €32,899No filing for yearsLatest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2018 · tick = 2017
Weak
Solvency 0=
equity -93.7% of total assets
Liquidity 1-1
short-term debt 193.7% · cash 0.6%
Profitability 38-49
return on assets 0.0%
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: ≥ 25%highest value 12-2024: ≥ 25%● 0.0% vs 11-2024highest value 01-2025: ≥ 25%● 0.0% vs 12-2024highest value 02-2025: ≥ 25%● 0.0% vs 01-2025highest value 03-2025: ≥ 25%● 0.0% vs 02-2025highest value 04-2025: ≥ 25%● 0.0% vs 03-2025highest value 05-2025: ≥ 25%● 0.0% vs 04-2025highest value 06-2025: ≥ 25%▼ -7.7% vs 05-2025 07-2025: ≥ 25%● 0.0% vs 06-2025 08-2025: ≥ 25%● 0.0% vs 07-2025 09-2025: ≥ 25%● 0.0% vs 08-2025 10-2025: ≥ 25%● 0.0% vs 09-2025 11-2025: ≥ 25%● 0.0% vs 10-2025 12-2025: ≥ 25%● 0.0% vs 11-2025 01-2026: ≥ 25%● 0.0% vs 12-2025 02-2026: ≥ 25%● 0.0% vs 01-2026 03-2026: ≥ 25%● 0.0% vs 02-2026 04-2026: ≥ 25%● 0.0% vs 03-2026 05-2026: ≥ 25%● 0.0% vs 04-2026 06-2026: ≥ 25%▼ -0.2% vs 05-2026lowest value 07-2026: ≥ 25%● 0.0% vs 06-2026lowest value 08-2026: ≥ 25%● 0.0% vs 07-2026lowest value 09-2026: ≥ 25%● 0.0% vs 08-2026lowest value 10-2026: ≥ 25%● 0.0% vs 09-2026lowest value
  • Figures for FY 2018 (filed 08-02-2019) raises the probability
  • Judicial reorganisation on record (1 publication, latest 25-11-2013) raises the probability
  • Ex-officio strike-off in the KBO raises the probability
  • Size: total assets €32,899 lowers the probability for this profile
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2018 (filed 08-02-2019)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Judicial reorganisation on record (1 publication, latest 25-11-2013)
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Ex-officio strike-off in the KBO
In the bankruptcy model this factor raises the probability.
KBO publications
lowers risk · Size: total assets €32,899
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 30-06-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-06-2019 close31-01-2020 deadline06-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 31-01-2019, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Late accounts filing
  1. Late accounts filingevent 18-04-2023
  2. Annual accounts filedfiscal year 2018 · micro…
  3. Annual accounts filedfiscal year 2017 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-01-2020 2440 d late View
  • Risk: Negative equityfiscal year 2018: debts exceed assets -€30,823 View
  • Active since 2001founded 09-04-2001 25 years View

By topic

Financials

Fiscal year
2018
Total assets
€32,899
Profit
€1
Solvency
-93.7%
Total assets▼ 20.5%
Net result
20152018
Go to Financials

Timeline

Events
13
Since
2006
  1. 09-05-2023Late accounts filing
  2. 31-01-2019Annual accounts filed
  3. 01-02-2018Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
09-04-2001
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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