ART'EAST
ActiveThe computed 12-month bankruptcy probability of ART'EAST is 1.5% (moderate). The 2025 annual accounts show equity of €38k and a net result of €-11k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 7031 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-74
Solvency78▼-1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 2.11 in 2024; short-term debt: 46.3% and cash: 13% of total assets), and 47.4% 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.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.6%
Return on assets
-15%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
53 d early
2024
50 d early
2023
58 d early
2022
56 d early
2021
54 d early
2020
54 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▼ 22.2%
2024 · €49k
2020: €40k
2021: €33k
2022: €43k
2023: €45k
2024: €49k
2020 → 2025
Total assets
€72k▼ 20.9%
2024 · €92k
2020: €73k
2021: €96k
2022: €105k
2023: €107k
2024: €92k
2020 → 2025
Net result
€-11k
2024 · €4k
2020: €25k
2021: €-7k
2022: €10k
2023: €3k
2024: €4k
2020 → 2025
Working capital
€38k▼ 19.5%
2024 · €47k
2020: €38k
2021: €28k
2022: €40k
2023: €43k
2024: €47k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€43k▲ 30.9%€45k▲ 6.2%€49k▲ 8.3%€38k▼ 22.2%
Operating result€-7k-€11k€4k▼ 67.7%€5k▲ 48.2%€-11k
Net result€-7k-€10k€3k▼ 73.8%€4k▲ 43.2%€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€1k▼ 50.9%
Current assets
€71k▼ 20.0%
Equity and liabilities €72k
Equity
€38k▼ 22.2%
Debt
€34k▼ 19.4%
The debt ratio rises from 46.5% to 47.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2024 · €8k
Cash flow
€-10k▼
2024 · €6k
Solvency
52.6%▼
2024 · 53.5%
Current ratio
2.12▲
2024 · 2.11
Quick ratio
2.12▲
2024 · 2.11
Debt / equity
0.90▲
2024 · 0.87
ROE
-28.5%▼
2024 · 7.7%
ROA
-15.0%▼
2024 · 4.1%
Interest coverage
-39.88▼
2024 · 78.50
Debt
€34k▼
2024 · €43k
Debt ≤ 1 year
€34k▼
2024 · €42k
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€92k€72k▼
Fixed assets21/28€3k€1k▼
Intangible fixed assets21€46-
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€89k€71k▼
Amounts receivable within one year40/41€61k€62k▲
Trade receivables40€60k€61k▲
Other amounts receivable41€1k€758▼
Cash at bank and in hand54/58€28k€9k▼
Equity and liabilities
Total equity and liabilities10/49€92k€72k▼
Equity10/15€49k€38k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€34k€23k▼
Amounts payable17/49€43k€34k▼
Amounts payable within one year42/48€42k€34k▼
Trade debts44€41k€34k▼
Suppliers440/4€41k€34k▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Accrued charges and deferred income492/3€325€776▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-386-
Other operating charges640/8€399€404▲
Gross operating margin9900€8k€-9k▼
Operating profit (loss)9901€5k€-11k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€97€234▲
Recurring financial charges65€97€234▲
Profit (loss) for the period before taxes9903€5k€-11k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€4k€-11k▼
Profit (loss) for the period to be appropriated9905€4k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€23k▼
Profit (loss) brought forward from the previous period14P€30k€34k▲
The notes to these accounts (7 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼388%
Net result drops to €-11k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
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, Waimes
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.
route de G'hâstêr,Ovifat 504950 WaimesGround area
5,512 m²
Building footprint
403 m²
Volume, LiDAR
3,920 m³
Parcel 63552B0139/00X004, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63552B0139/00X004 | Wallonia | 5,512 m² | 1 · 403 m² | 11.5 m · 3 fl. |
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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,921 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2019
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.