Active BE 0741.713.765Non-profit association

ART FOR LIFE

Charles Legrellestraat 17 ·1040 Etterbeek, Belgium· 6 yrs active

Sector: Overige recreatie- en ontspanningsactiviteiten, neg (93299)

Conclusion Checked

The KBO register records legal situation 012 for ART FOR LIFE (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (€-159k) and a net result of €-24k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-159k
Net result	€-24k
Better than sector	5%
Active	6 yrs

Financial profile 5 of 5 axes measured · computed by Checked

41 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 74

Solvency 33

Growth 58

Stability 40

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

0 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 012 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: dissolution or liquidation

The KBO register records legal situation 012 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 28-04-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 93 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-1006.5%	22.0%	better than 5% of 199 sector peers
Net result	€-24k	€6k	better than 10% of 199 sector peers
Equity	€-159k	€22k	better than 5% of 200 sector peers
Gross operating margin	€-23k	€33k	better than 5% of 199 sector peers
Total assets	€16k	€127k	better than 10% of 199 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-23k

+21.6% 20-25

Net profit

€-24k

+21.7% 20-25

Cash flow

€-23k

+21.6% 20-25

Total assets

€16k

+27.5% 20-25

Equity

€-159k

-17.4% 20-25

Working capital

€-159k

-17.0% 20-25

Staff costs

€3k

- 20-25

Debt

€175k

+18.2% 20-25

Show 8 other metrics

Debt ≤ 1y

€175k

+18.2% 20-25

Current ratio

0.09

+11.4% 20-25

Quick ratio

0.09

+12.9% 20-25

Solvency

-1006.5%

+8.0% 20-25

Debt / equity

-1.10

-0.7% 20-25

ROE

14.8%

-33.3% 20-25

ROA

-148.8%

+38.6% 20-25

Interest coverage

-24643.06

-3131.5% 20-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€-23k
Net profit	€-24k
Cash flow	€-23k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€16k
Equity	€-159k
Debt	€175k
of which ≤ 1y	€175k
of which > 1y	-
Working capital	€-159k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.09
Quick ratio	0.09
Working capital ratio	-1008.2%
Solvency	-1006.5%
Debt / equity	-1.10
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-148.8%
ROE	14.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €270 · 1.7% Current assets €16k · 98.3%

Full annual accounts (18 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€16k
Fixed assets	21/28	€270
Tangible fixed assets	22/27	€270
Current assets	29/58	€16k
Stocks & contracts in progress	3	€600
Amounts receivable within one year	40/41	€10k
Cash & bank	54/58	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€16k
Equity	10/15	€-159k
Accumulated profits (losses)	14	€-159k
Amounts payable	17/49	€175k
Amounts payable within one year	42/48	€175k
Trade debts payable within one year	44	€25k
Income statement
Gross operating margin	9900	€-23k
Operating result	9901	€-24k
Result before taxes	9903	€-24k
Net result for the period	9904	€-24k
Result to be appropriated	9905	€-24k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Overige recreatie- en ontspanningsactiviteiten, neg(93299)
Legal form	Non-profit association(017)
Incorporation	17-01-2020
Status	Active
Postal code	1040

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21362B0261/00P002	Brussels	147 m²	1 · 149 m²	15.7 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

28-04-2026