Active BE 0544.321.339Private limited company (pre-2019)

ART - BUSINESS

Rue des Alliés 60 ·7080 Frameries, Belgium· 12 yrs active

Sector: Plaatsen van tatoeages en piercings (96992)

Conclusion Checked

The KBO register records legal situation 013 for ART - BUSINESS (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-8k) and a net result of €-972.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-8k
Net result	€-972
Better than sector	24%
Active	12 yrs

Financial profile 5 of 5 axes measured · computed by Checked

37 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 38

Solvency 38

Growth 67

Stability 40

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

0 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 013 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: dissolution or liquidation

The KBO register records legal situation 013 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview8 NBB filings

Annual accounts filed on 17-10-2023 with the NBB · fiscal year 2022 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2022 · NACE 96, Personal services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-30.0%	13.4%	better than 24% of 1011 sector peers
Net result	€-972	€327	better than 43% of 1009 sector peers
Equity	€-8k	€4k	better than 24% of 1016 sector peers
Gross operating margin	€-630	€12k	better than 25% of 1007 sector peers
Total assets	€25k	€45k	better than 38% of 1012 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€37k

-14.6% 19-22

EBITDA

€-3k

+55.5% 19-22

Net profit

€-972

+71.5% 19-22

Cash flow

€-3k

+56.4% 19-22

Total assets

€25k

+7.5% 19-22

Equity

€-8k

-14.6% 19-22

Working capital

€-9k

-11.8% 19-22

Debt

€33k

+9.0% 19-22

Show 10 other metrics

Debt ≤ 1y

€33k

+9.0% 19-22

Current ratio

0.72

-0.9% 19-22

Quick ratio

0.06

-82.6% 19-22

Solvency

-30.0%

-6.7% 19-22

Debt / equity

-4.33

+4.9% 19-22

ROE

12.8%

-75.1% 19-22

ROA

-3.8%

+73.5% 19-22

Net margin

-2.6%

+66.6% 19-22

EBITDA margin

-7.0%

+94.8% 19-22

Interest coverage

-19.07

-40.9% 19-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	€37k
EBITDA	-
Net profit	€-972
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€25k
Equity	€-8k
Debt	€33k
of which ≤ 1y	€33k
of which > 1y	-
Working capital	€-9k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	0.72
Quick ratio	0.06
Working capital ratio	-36.4%
Solvency	-30.0%
Debt / equity	-4.33
Long-term debt ratio	-
Interest coverage	-
Gross margin	-1.7%
Net margin	-2.6%
ROA	-3.8%
ROE	12.8%
EBITDA margin	-
Days sales outstanding	17d
Days payable outstanding	-
Inventory turnover	1.74
Days inventory (DSI)	209d

Balance-sheet composition 2022

Assets

Fixed assets €2k · 6.4% Current assets €24k · 93.6%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€25k
Fixed assets	21/28	€2k
Financial fixed assets	28	€2k
Current assets	29/58	€24k
Stocks & contracts in progress	3	€22k
Amounts receivable within one year	40/41	€2k
Cash & bank	54/58	€163
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€25k
Equity	10/15	€-8k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€-26k
Amounts payable	17/49	€33k
Amounts payable within one year	42/48	€33k
Income statement
Turnover	70	€37k
Gross operating margin	9900	€-630
Operating result	9901	€-630
Financial charges	65	€103
Result before taxes	9903	€-972
Net result for the period	9904	€-972
Result to be appropriated	9905	€-972

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Plaatsen van tatoeages en piercings(96992)
Legal form	Private limited company (pre-2019)(015)
Incorporation	13-01-2014
Status	Active
Postal code	7080

Establishment units 1 location

Brothers Ink 66

Rue des Alliés 60, 7080 FrameriesDetailhandel in kledingaccessoires

since 20142.225.738.046

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53028C0364/00P000	Wallonia	116 m²	1 · 72 m²	11.7 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

17-10-2023