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ART D.S.

Active
Public limited companyfounded 199432 yrs activeRue Haute Bourlotte(Hoves) 15, 7830 Silly, BelgiumKBO/BCE: BE 0452.768.185

ART D.S. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €326k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 87% of 1970 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
70 / 100
Healthy▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-7
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 55.22 against 11.64 in 2024), and 11.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-03-2026, 54 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 · 10 filings
Deviation from the deadline
2025
54 d late
2024
89 d late
2023
27 d late
2022
6 d late
2021
20 d late
2020
27 d late
2019
1 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€326k▼ 5.3%
2024 · €344k
2019: €368k 2020: €322k 2021: €332k 2022: €339k 2023: €347k 2024: €344k
2019 → 2025
Total assets
€370k▼ 7.9%
2024 · €401k
2019: €381k 2020: €323k 2021: €340k 2022: €381k 2023: €409k 2024: €401k
2019 → 2025
Net result
€-5k
2024 · €5k
2019: €23k 2020: €-45k 2021: €10k 2022: €7k 2023: €8k 2024: €5k
2019 → 2025
Working capital
€351k▲ 2.0%
2024 · €344k
2019: €366k 2020: €321k 2021: €329k 2022: €287k 2023: €356k 2024: €344k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€332k-€339k▲ 2.0%€347k▲ 2.3%€344k▼ 0.8%€326k▼ 5.3%
Operating result€11k-€10k▼ 3.0%€12k▲ 13.7%€8k▼ 31.0%€-4k
Net result€10k-€7k▼ 35.8%€8k▲ 18.0%€5k▼ 36.7%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2021: €11k€11kNet result 2021: €10k€10kOperating result 2022: €10k€10kNet result 2022: €7k€7kOperating result 2023: €12k€12kNet result 2023: €8k€8kOperating result 2024: €8k€8kNet result 2024: €5k€5kOperating result 2025: €-4k€-4kNet result 2025: €-5k€-5k20212022202320242025
The operating result turns negative in 2025: a loss of €4k after €8k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €370k
Fixed assets €13k▼ 50.1%
Current assets €357k▼ 5.1%
Equity and liabilities €370k
Equity €326k▼ 5.3%
Debt €44k▼ 23.6%
The debt ratio falls from 14.3% to 11.9%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8k
2024 · €21k
Cash flow
€7k
2024 · €18k
Solvency
88.1%
2024 · 85.7%
Current ratio
55.22
2024 · 11.64
Quick ratio
33.93
2024 · 6.93
Debt / equity
0.13
2024 · 0.17
ROE
-1.7%
2024 · 1.4%
ROA
-1.5%
2024 · 1.2%
Interest coverage
7.49
2024 · 13.79
Debt
€44k
2024 · €57k
Debt ≤ 1 year
€6k
2024 · €32k
Debt > 1 year
€17k
2024 · €25k
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€401k€370k
Fixed assets21/28€25k€13k
Intangible fixed assets21€0-
Tangible fixed assets22/27€25k€13k
Plant, machinery and equipment23€348€257
Furniture and vehicles24€25k€12k
Other tangible fixed assets26€265€0
Financial fixed assets28€50€50=
Current assets29/58€376k€357k
Stocks and contracts in progress3€152k€138k
Stocks30/36€152k€138k
Amounts receivable within one year40/41€84k€71k
Trade receivables40€42k€31k
Other amounts receivable41€42k€41k
Cash at bank and in hand54/58€140k€148k
Equity and liabilities
Total equity and liabilities10/49€401k€370k
Equity10/15€344k€326k
Contributions10/11€50k€50k=
Capital10€50k€50k=
Issued capital100€50k€50k=
Reserves13€282k€282k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€262k€262k=
Profit (loss) carried forward14€13k€-5k
Amounts payable17/49€57k€44k
Amounts payable after more than one year17€25k€17k
Financial debts170/4€25k€17k
Amounts payable within one year42/48€32k€6k
Current portion of amounts payable after more than one year42€15k-
Trade debts44€16k€6k
Suppliers440/4€16k€6k
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Accrued charges and deferred income492/3-€20k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k
Other operating charges640/8€764€2k
Gross operating margin9900€22k€10k
Operating profit (loss)9901€8k€-4k
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€7k€-5k
Income taxes67/77€2k-
Profit (loss) for the period9904€5k€-5k
Profit (loss) for the period to be appropriated9905€5k€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-5k
Profit (loss) brought forward from the previous period14P€8k-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 54 days late
2025
30-06
Financial Liquidity times 5current ratio 55.22
Current ratio from 11.64 to 55.22; short-term debt falls from €32k to €6k.
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
27-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-06
Financial Liquidity triplescurrent ratio 25.24
Current ratio from 7.79 to 25.24; short-term debt falls from €42k to €15k.
06-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
20-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 20 days late
2021
30-06
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
27-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
30-06
Financial Weakest financial yearnet €-45k ▼295%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity times 31current ratio 877.11
Current ratio from 28.35 to 877.11; short-term debt falls from €13k to €366.
01-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 1 day late
2019
26-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
20-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
01-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 acts for this company are 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, Silly · 1 establishment unit since 1994
establishment The establishment unit on the map
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.

Rue Haute Bourlotte(Hoves) 157830 Silly
Ground area
1,998 m²
Building footprint
440 m²
Volume, LiDAR
2,596 m³
2 parcels, Wallonia · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ART-D.S.
Rue de l'Estaque(Bassil) 2, 7830 SillyNACE 28755
since 19942.069.325.249
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55001B0007/00T000 Wallonia 1,772 m² 1 · 267 m² 12.3 m · 1 fl.
55021A0542/00D000 Wallonia 225 m² 1 · 173 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 8,289 companies in sector 90201 we hold annual accounts for 602. 400 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-05-1994
Fiscal year end30-06
Activities, NACEBEL
90201Performing arts by independent artists
92311
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.