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ART GRAPHICS

Active
Private limited companyfounded 198640 yrs activeMareldongen(HEU) 1, 9070 Destelbergen, BelgiumKBO/BCE: BE 0428.767.120

ART GRAPHICS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €596k and a net result of €2k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 8073 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
64 / 100
Healthy▲ +16 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▲+2
Solvency67▲+1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.46 against 0.37 in 2023), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers 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 →
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 40 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
70.6%
Return on assets
0.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
21 d late
2022
3 d early
2021
29 d late
2020
18 d early
2019
53 d late
← before the deadline after the 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 2024, abbreviated schema

Equity
€596k▲ 0.4%
2023 · €594k
2018: €744k 2019: €750k 2020: €672k 2021: €630k 2022: €600k 2023: €594k
2018 → 2024
Total assets
€844k▼ 6.6%
2023 · €904k
2018: €1.27M 2019: €1.22M 2020: €1.10M 2021: €1.05M 2022: €954k 2023: €904k
2018 → 2024
Net result
€2k
2023 · €-6k
2018: €52k 2019: €6k 2020: €-78k 2021: €-46k 2022: €-31k 2023: €-6k
2018 → 2024
Working capital
€-71k▲ 21.4%
2023 · €-90k
2018: €-3k 2019: €20k 2020: €-51k 2021: €-81k 2022: €-91k 2023: €-90k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€672k-€630k▼ 6.2%€600k▼ 4.8%€594k▼ 1.0%€596k▲ 0.4%
Operating result€-56k-€-28k▲ 50.2%€-15k▲ 46.7%€7k€13k▲ 73.5%
Net result€-78k-€-46k▲ 40.4%€-31k▲ 34.0%€-6k▲ 80.8%€2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-75k€-50k€-25k€0€25kOperating result 2020: €-56k€-56kNet result 2020: €-78k€-78kOperating result 2021: €-28k€-28kNet result 2021: €-46k€-46kOperating result 2022: €-15k€-15kNet result 2022: €-31k€-31kOperating result 2023: €7k€7kNet result 2023: €-6k€-6kOperating result 2024: €13k€13kNet result 2024: €2k€2k20202021202220232024
The operating result has risen four years in a row; 2024 is 74% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €844k
Fixed assets €784k▼ 7.9%
Current assets €60k▲ 13.1%
Equity and liabilities €844k
Equity €596k▲ 0.4%
Debt €248k▼ 20.1%
The debt ratio falls from 34.3% to 29.4%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€80k
2023 · €74k
Cash flow
€69k
2023 · €61k
Solvency
70.6%
2023 · 65.7%
Current ratio
0.46
2023 · 0.37
Quick ratio
0.46
2023 · 0.37
Debt / equity
0.42
2023 · 0.52
ROE
0.4%
2023 · -1.0%
ROA
0.3%
2023 · -0.6%
Interest coverage
7.60
2023 · 5.64
Debt
€248k
2023 · €310k
Debt ≤ 1 year
€131k
2023 · €144k
Debt > 1 year
€117k
2023 · €167k
Income taxes
€1
2023 · €164
Staff costs
€162k
2023 · €170k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€904k€844k
Fixed assets21/28€851k€784k
Tangible fixed assets22/27€851k€784k
Land and buildings22€851k€784k
Financial fixed assets28€50€50=
Current assets29/58€53k€60k
Amounts receivable within one year40/41€36k€44k
Trade receivables40€24k€39k
Other amounts receivable41€12k€5k
Cash at bank and in hand54/58€6k€6k
Deferred charges and accrued income490/1€11k€10k
Equity and liabilities
Total equity and liabilities10/49€904k€844k
Equity10/15€594k€596k
Contributions10/11€719k€719k=
Reserves13€47k€47k=
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€45k€47k
Profit (loss) carried forward14€-172k€-169k
Amounts payable17/49€310k€248k
Amounts payable after more than one year17€167k€117k
Financial debts170/4€167k€117k
Amounts payable within one year42/48€144k€131k
Current portion of amounts payable after more than one year42€50k€50k=
Trade debts44€14k€11k
Suppliers440/4€14k€11k
Taxes, remuneration and social security45€36k€35k
Taxes450/3€18k€14k
Remuneration and social security454/9€19k€22k
Other amounts payable47/48€43k€35k
Income statement Code20232024
Remuneration, social security and pensions62€170k€162k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€67k
Other operating charges640/8€5k€5k
Gross operating margin9900€250k€247k
Operating profit (loss)9901€7k€13k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€13k€11k
Recurring financial charges65€13k€11k
Profit (loss) for the period before taxes9903€-6k€2k
Income taxes67/77€164€1
Profit (loss) for the period9904€-6k€2k
Profit (loss) for the period to be appropriated9905€-6k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€-172k€-169k
Profit (loss) brought forward from the previous period14P€-166k€-172k

The notes to these accounts (13 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

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €2k
Net result €2k after 4 loss-making years.
21-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
13-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-78k ▼1455%
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
22-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Destelbergen · 1 establishment unit since 1986
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.

Mareldongen(HEU) 19070 Destelbergen
Ground area
3,063 m²
Building footprint
359 m²
Volume, LiDAR
2,515 m³
Parcel 44028D0577/00H000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mareldongen(HEU) 1, 9070 Destelbergen
Air transport
since 19862.029.166.952
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44028D0577/00H000 Flanders 3,063 m² 1 · 359 m² 9.9 m · 2 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 82,241 companies in sector 70200 we hold annual accounts for 52,391. 33,032 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-03-1986
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 39 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.