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ART-ELEC.BE

Active
Private limited companyfounded 201016 yrs activeGeneraal Gratrystraat 93, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0824.990.344

ART-ELEC.BE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-14k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
70 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-69
Solvency95▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.31 against 13.46 in 2024; short-term debt: 29.9% and cash: 43.9% of total assets), and 29.9% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 16 years 0 20 y
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 2025
Solvency, return and age of the figures
Solvency
70.1%
Return on assets
-32.6%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
46 d late
2023
30 d late
2022
27 d early
2021
37 d early
2020
36 d early
2019
7 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 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
€29k▼ 31.7%
2024 · €43k
2018: €21k 2019: €31k 2020: €36k 2021: €40k 2022: €42k 2023: €43k 2024: €43k
2018 → 2025
Total assets
€42k▼ 9.6%
2024 · €46k
2018: €23k 2019: €37k 2020: €51k 2021: €55k 2022: €58k 2023: €72k 2024: €46k
2018 → 2025
Net result
€-14k
2024 · €85
2018: €-2k 2019: €11k 2020: €5k 2021: €4k 2022: €2k 2023: €7k 2024: €85
2018 → 2025
Working capital
€29k▼ 29.5%
2024 · €41k
2018: €20k 2019: €31k 2020: €34k 2021: €35k 2022: €38k 2023: €45k 2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€40k-€42k▲ 5.9%€43k▲ 1.8%€43k▲ 0.2%€29k▼ 31.7%
Operating result€3k-€4k▲ 34.8%€6k▲ 40.8%€62▼ 98.9%€-13k
Net result€4k-€2k▼ 37.5%€7k▲ 188%€85▼ 98.7%€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €3k€3kNet result 2021: €4k€4kOperating result 2022: €4k€4kNet result 2022: €2k€2kOperating result 2023: €6k€6kNet result 2023: €7k€7kOperating result 2024: €62€62Net result 2024: €85€85Operating result 2025: €-13k€-13kNet result 2025: €-14k€-14k20212022202320242025
The operating result turns negative in 2025: a loss of €13k after €62 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets €424▼ 78.7%
Current assets €42k▼ 6.5%
Equity and liabilities €42k
Equity €29k▼ 31.7%
Debt €13k▲ 280%
The debt ratio rises from 7.1% to 29.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-11k
2024 · €4k
Cash flow
€-12k
2024 · €4k
Solvency
70.1%
2024 · 92.9%
Current ratio
3.31
2024 · 13.46
Quick ratio
2.44
2024 · 9.55
Debt / equity
0.43
2024 · 0.08
ROE
-46.5%
2024 · 0.2%
ROA
-32.6%
2024 · 0.2%
Interest coverage
-123.80
2024 · 37.92
Debt
€13k
2024 · €3k
Debt ≤ 1 year
€13k
2024 · €3k
Income taxes
€63
2024 · €55
Staff costs
€17k
2024 · €10k
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€46k€42k
Fixed assets21/28€2k€424
Tangible fixed assets22/27€2k€214
Furniture and vehicles24€2k€214
Financial fixed assets28-€210
Current assets29/58€44k€42k
Stocks and contracts in progress3€13k€11k
Stocks30/36€13k€11k
Amounts receivable within one year40/41€5k€12k
Trade receivables40€3k€11k
Other amounts receivable41€2k€1k
Cash at bank and in hand54/58€27k€18k
Deferred charges and accrued income490/1-€311
Equity and liabilities
Total equity and liabilities10/49€46k€42k
Equity10/15€43k€29k
Contributions10/11€20k€20k=
Reserves13€22k€8k
Distributable reserves133€22k€8k
Profit (loss) carried forward14€700€998
Amounts payable17/49€3k€13k
Amounts payable within one year42/48€3k€13k
Trade debts44€1k€9k
Suppliers440/4€1k€9k
Taxes, remuneration and social security45€2k€3k
Taxes450/3€1k€630
Remuneration and social security454/9€839€3k
Other amounts payable47/48€0€880
Income statement Code20242025
Non-recurring operating income76A-€129
Remuneration, social security and pensions62€10k€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k
Other operating charges640/8€494€506
Non-recurring operating charges66A€126-
Gross operating margin9900€15k€6k
Operating profit (loss)9901€62€-13k
Financial income75/76B€216€211
Recurring financial income75€216€211
Financial charges65/66B€137€933
Recurring financial charges65€103€90
Non-recurring financial charges66B€34€843
Profit (loss) for the period before taxes9903€140€-14k
Income taxes67/77€55€63
Profit (loss) for the period9904€85€-14k
Profit (loss) for the period to be appropriated9905€85€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€700€-13k
Profit (loss) brought forward from the previous period14P€615€700
Transfer from equity791/2-€14k

The notes to these accounts (6 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 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-14k ▼16190%
Net result drops to €-14k, the lowest in the series.
15-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial Liquidity quadruplescurrent ratio 13.46
Current ratio from 3.10 to 13.46; short-term debt falls from €21k to €3k.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Schaarbeek · 1 establishment unit since 2010
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.

Generaal Gratrystraat 931030 Schaarbeek
Ground area
216 m²
Building footprint
68 m²
Volume, LiDAR
924 m³
Parcel 21911C0141/00Y005, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ART-ELEC
Generaal Gratrystraat 93, 1030 SchaarbeekGeneral electrical installation work
since 20102.187.420.472
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21911C0141/00Y005 Brussels 216 m² 1 · 68 m² 19.6 m · 5 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.

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 34,356 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-04-2010
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
70200Business and other management consultancy
70220Business consulting
46500Wholesale of information and communication equipment
46510Wholesale trade
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:pascal@art-elec.be
Establishment Schaarbeek 2.187.420.472
Phone:0474/673400
Establishment Schaarbeek 2.187.420.472