Checked.be · Company dossierhttps://checked.be/en/c/art-colony-0552785380 · as of 19-10-2026
ART COLONY
Active
Private limited company (pre-2019) · founded 2014 · active for 12 yearsGentpoortstraat 22, 8000 Brugge, BelgiumKBO/BCE: BE 0552.785.380
Summary
The computed 12-month bankruptcy probability of ART COLONY is 16.4% (high). For ART COLONY, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€4,555) and a net result of -€540. Equity is shrinking by about 46% per year across the filed financial years. The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 23-05-2024)No filing in 24 months (latest 23-05-2024)No registered site in the KBOTwo or more financial years not filedlowers riskSize: total assets €268neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0
equity -1701.4% of total assets
Liquidity0
short-term debt 1801.4%
Profitability0
return on assets -201.7%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
16.4%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 3.9%12-2024: 3.9%● unchanged vs 11-202401-2025: 3.9%● unchanged vs 12-202402-2025: 3.9%● unchanged vs 01-202503-2025: 3.9%● unchanged vs 02-202504-2025: 3.9%● unchanged vs 03-202505-2025: 3.0%▼ -0.9 percentage points vs 04-202506-2025: 2.9%▼ -0.1 percentage points vs 05-2025lowest value07-2025: 3.2%▲ +0.3 percentage points vs 06-202508-2025: 4.1%▲ +0.9 percentage points vs 07-202509-2025: 4.6%▲ +0.5 percentage points vs 08-202510-2025: 6.6%▲ +2.0 percentage points vs 09-202511-2025: 6.9%▲ +0.3 percentage points vs 10-202512-2025: 8.4%▲ +1.5 percentage points vs 11-202501-2026: 10.0%▲ +1.6 percentage points vs 12-202502-2026: 10.0%● unchanged vs 01-202603-2026: 9.2%▼ -0.8 percentage points vs 02-202604-2026: 8.8%▼ -0.4 percentage points vs 03-202605-2026: 8.8%● unchanged vs 04-202606-2026: 15.4%▲ +6.6 percentage points vs 05-202607-2026: 15.4%● unchanged vs 06-202608-2026: 16.4%▲ +1.0 percentage point vs 07-202609-2026: 16.5%▲ +0.1 percentage points vs 08-2026highest value10-2026: 16.4%▼ -0.1 percentage points vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
This company filed its last 5 accounts on average 8 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · micro…
Annual accounts filedfinancial year 2022 · micro…
Annual accounts filedfinancial year 2021 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-2025445 days lateView
Risk: Negative equityfinancial year 2023: debts exceed assets-€4,555View
Risk: 4 loss-making years in a rowloss financial year 2023-€540View