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ART-ES

Active
Private limited companyfounded 20233 yrs activeChaussée de Louvain 43, 1300 Wavre, BelgiumKBO/BCE: BE 0804.237.490
Summary

The computed 12-month bankruptcy probability of ART-ES is 4.5% (elevated). The 2024 annual accounts show negative equity (-€16,130) and a net result of -€18,130. Its solvency ranks better than 10% of 6162 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11; short-term debt: 208.9% and cash: 3.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-187.6%
Return on assets
-210.8%
Age of the figures
21 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 1 filing
Deviation from the deadline
2024
53 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 53 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
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

History

ART-ES was incorporated on 24 July 2023 as a Private limited company.1 Since 2026, LOVERDE Alfia has served as director of the company.2 The company has filed annual accounts once, for fiscal year 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 21-08-2026
  3. 3National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€16,130
Total assets
€8,600
Net result
-€18,130
Working capital
-€16,016

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €8,600
Fixed assets €6,648
Current assets €1,952
Key figures and ratios
2024 value
EBITDA
-€16,247
Cash flow
-€16,324
Solvency
-187.6%
Current ratio
0.11
Debt to equity
-1.53
ROA
-210.8%
Interest coverage
-209.58
Debt
€24,730
Debt ≤ 1 year
€17,968
Debt > 1 year
€6,762
Staff costs
€5,936

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet Code2024
Assets
Total assets20/58€8,600
Fixed assets21/28€6,648
Intangible fixed assets21€3,701
Tangible fixed assets22/27€2,947
Plant, machinery and equipment23€1,864
Furniture and vehicles24€1,084
Current assets29/58€1,952
Amounts receivable within one year40/41€1,685
Other amounts receivable41€1,685
Cash at bank and in hand54/58€267
Equity and liabilities
Total equity and liabilities10/49€8,600
Equity10/15-€16,130
Contributions10/11€2,000
Profit (loss) carried forward14-€18,130
Amounts payable17/49€24,730
Amounts payable after more than one year17€6,762
Financial debts170/4€6,762
Amounts payable within one year42/48€17,968
Trade debts44€507
Suppliers440/4€507
Taxes, remuneration and social security45€182
Taxes450/3€182
Other amounts payable47/48€17,280
Income statement Code2024
Remuneration, social security and pensions62€5,936
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,806
Other operating charges640/8€1,002
Gross operating margin9900-€9,308
Operating profit (loss)9901-€18,052
Financial charges65/66B€78
Recurring financial charges65€78
Profit (loss) for the period before taxes9903-€18,130
Profit (loss) for the period9904-€18,130
Profit (loss) for the period to be appropriated9905-€18,130
Appropriation of the result
Profit (loss) to be appropriated9906-€18,130

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€5,936
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,806
Other operating charges640/8€1,002
Gross operating margin9900-€9,308
Operating profit (loss)9901-€18,052
Financial charges65/66B€78
Recurring financial charges65€78
Profit (loss) for the period before taxes9903-€18,130
Profit (loss) for the period9904-€18,130
Profit (loss) for the period to be appropriated9905-€18,130
Line2024
Assets
Total assets20/58€8,600
Fixed assets21/28€6,648
Intangible fixed assets21€3,701
Tangible fixed assets22/27€2,947
Plant, machinery and equipment23€1,864
Furniture and vehicles24€1,084
Current assets29/58€1,952
Amounts receivable within one year40/41€1,685
Other amounts receivable41€1,685
Cash at bank and in hand54/58€267
Equity and liabilities
Total equity and liabilities10/49€8,600
Equity10/15-€16,130
Contributions10/11€2,000
Profit (loss) carried forward14-€18,130
Amounts payable17/49€24,730
Amounts payable after more than one year17€6,762
Financial debts170/4€6,762
Amounts payable within one year42/48€17,968
Trade debts44€507
Suppliers440/4€507
Taxes, remuneration and social security45€182
Taxes450/3€182
Other amounts payable47/48€17,280
Line2024
Profit (loss) for the period9904-€18,130
+ Depreciation and write-downs630€1,806
Operating cash flow (approximation)-€16,324

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
21-08
State Gazette act Appointment: LOVERDE Alfia (director)
2 facts ▸
  • General meeting, 30-07-2026
  • Director appointment, LOVERDE Alfia (director)
2025
22-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
LOVERDE Alfia
Director · since 30-07-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,177 m²
Building footprint
212 m²
Volume, LiDAR
2,946 m³
Parcel 25112M0978/00V002, Wallonia · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
ART-ES
Chaussée de Louvain 43, 1300 WavreRenting and operating of own or leased residential real estate, excluding social housing
since 20232.348.550.043
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112M0978/00V002 Wallonia 2,177 m² 1 · 212 m² 16.8 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
LOVERDE Alfia
  • Director, from 30-07-2026 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,867 companies in sector 96220 we hold annual accounts for 1,445. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
Contact
E-mail eseal-medical@hotmail.com
Phone +32471660945
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804237490
Also 9925:BE0804237490
Registered 09-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.