ART GROUPS
ActiveSummary
The computed 12-month bankruptcy probability of ART GROUPS is 3.0% (moderate). The 2025 annual accounts show equity of €8,782 and a net result of €7,282. Its solvency ranks better than 30% of 5,897 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-10-2024 Normal situation
- Activity
- On-demand passenger transport by chauffeured vehicle NACE 49330and 3 others
- Establishment unit
- 2.365.409.633 2170 Antwerpen, since 18-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.0%
- Gross margin
- €22,876
- Turnover
- ≈ €130,000
- estimated
- Profit
- €7,282
- Equity
- €8,782
- Total assets
- €48,644
- 2025 accounts filed 30 days after the deadline
Score breakdownraises riskFounded in 2024Sector: Land transport and transport via pipelines (NACE 49)Size: total assets €48,644lowers riskLiquidity: current ratio 0.70, cash €9,999Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 30% of them on solvency, 59% on liquidity and 77% on profitability.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00454528.
Annual accounts 2025 filed on 30-08-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €43,697 |
| Depreciation and write-downs of the year | €10,296 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,296 |
| Other operating charges640/8 | €1,216 |
| Gross operating margin9900 | €22,876 |
| Operating profit (loss)9901 | €11,364 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €1,748 |
| Recurring financial charges65 | €1,748 |
| Profit (loss) for the period before taxes9903 | €9,617 |
| Income taxes67/77 | €2,336 |
| Profit (loss) for the period9904 | €7,282 |
| Profit (loss) for the period to be appropriated9905 | €7,282 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €48,644 | |
| Fixed assets21/28 | €33,402 | |
| Tangible fixed assets22/27 | €33,402 | |
| Furniture and vehicles24 | €33,402 | |
| Current assets29/58 | €15,242 | |
| Amounts receivable within one year40/41 | €4,486 | |
| Trade receivables40 | €4,486 | |
| Cash at bank and in hand54/58 | €9,999 | |
| Deferred charges and accrued income490/1 | €757 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €48,644 | |
| Equity10/15 | €8,782 | |
| Contributions10/11 | €1,500 | |
| Reserves13 | €7,282 | |
| Distributable reserves133 | €7,282 | |
| Amounts payable17/49 | €39,862 | |
| Amounts payable after more than one year17 | €17,991 | |
| Financial debts170/4 | €17,991 | |
| Amounts payable within one year42/48 | €21,871 | |
| Current portion of amounts payable after more than one year42 | €9,349 | |
| Trade debts44 | €1,867 | |
| Suppliers440/4 | €1,867 | |
| Taxes, remuneration and social security45 | €2,721 | |
| Taxes450/3 | €2,721 | |
| Other amounts payable47/48 | €7,934 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €7,282 |
| + Depreciation and write-downs630 | €10,296 |
| Operating cash flow (approximation) | €17,577 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,976 companies had the same profile as ART GROUPS has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ART GROUPS itself: 3.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for ART GROUPS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-08-2026 | 2026-00454528 |
Board & ownership
Directors
Owners and capital
Shareholders
- KIRAJYAN Artur 50 shares (50%) · €750
- TER-GHAZARYAN Rena Anton 50 shares (50%)
Capital transactions
- 22-10-2024 Incorporation · €1,500 · 100 shares
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, verrichte inbrengen geboekt op beschikbare eigen vermogensrekening”
Articles of association, deed of 22-10-2024 (in Dutch)
Network & group
ART GROUPS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ART GROUPS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-10
Gazette deed
IncorporationStarting capital €1,500 · Appointment: KIRAJYAN Artur (director) · Founder5 points ▸
- Founder, KIRAJYAN Artur
- Founder, TER-GHAZARYAN Rena Anton
- Incorporation, “ART GROUPS” (deed in Dutch)
- Founding capital, €1,500
- Director appointment, KIRAJYAN Artur (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
64 activities
- De exploitatie van taxi’s
- Verhuur van personenwagens met chauffeur
- Luchthavenvervoer
- De uitbating van een transport-,en expeditiebedrijf,zowel import als export,inklaring,bevrachting,vervoer van goederen en personen (taxibedrijf),te land,te water en in de lucht,alles zowel nationaal veevervoer,voervoer met koelwagens,vervoer van bulkgoederen,inclusief vervoer in tankwagens
- Autovervoer,het opslaan van allerhande goederen,bouwen en verhuren van voertuigstaanplaatsen
- Het bezorgen van expresvracht,overige activiteiten in verband met de organisatie van het vrachtvervoer,opslag in koelpakhuizen
- Personenvervoer te land binnen steden en voorsteden
- Vervoer van documenten,pakjes,pakketten,stukken,onderdelen,allerhande voorwerpen en dit met alle mogelijke transportmiddelen
- Vervoer van zaken en goederen over land,water en door de lucht met alle mogelijke vervoermiddelen zowel voor eigen rekening als voor rekening van derden
- Import en export van alle mogelijke goederen,nieuw of tweedehands
- Koerierdienst zowel nationaal als internationaal
- Activiteiten van een verhuisbedrijf
- Kleinhandel in nieuwe en gebruikte auto's voor personenvervoer,inclusief die voor bijzondere doeleinden (b.v. ambulances)
- Verkoop van tweedehands auto's aan eindgebruikers in het buitenland
- Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
- Handelsbemiddeling in nieuwe en gebruikte auto's voor personenvervoer,inclusief die voor bijzondere doeleinden (b.v. ambulances)
- Verkoop van tweedehands vrachtwagens
- Algemeen onderhoud en reparatie van auto’s en lichte bestelwagens
- Depannagedienst
- Carrosserieherstelling
- Bandencentrale
- Installatie van onderdelen en accessoires
- Uitbating van een (hand)carwash
- Verhuur van personenwagens en bestelwagens met of zonder chauffeur
- Kleinhandel in nieuwe en gebruikte vrachtwagens,trekkers,bestelwagens,terreinwagens (b.v. jeeps) enz.
- Kleinhandel in auto-onderdelen
- Algemeen verhuur van roerende goederen
- Restaurants
- Uitbaten van een bar,café,taverne en andere drinkgelegenheden met eventueel live muziek
- Verkoop aan de toog of via telefoon,fax,internet van eetwaren en drinken
- Frietkramen
- Hotdogstalletjes,enz.
- De aankoop en verkoop van alle onbebouwde en gebouwde onroerende goederen van alle aard en voor alle bestemmingen,verkavelen,uitrusten,inrichten en tot waarde brengen van alle mogelijke wijzen van alle onbebouwde onroerende goederen
- Algemene renovatie- en herstellingswerken aan gebouwen
- Sanitaire en loodgieterswerken
- Plaatsen van alle soorten verwarmingsinstallaties
- Schilderen van gebouwen
- Elektriciteitswerken
- Elektrotechnische installatiewerken aan gebouwen
- Installatie van elektrische laadpalen
- Overige gespecialiseerde bouwwerkzaamheden
- Groot -en detailhandel in bouwmaterialen
- Groot -end detailhanden in sanitaire installaties
- Asbestinventarisatie,activiteiten van asbestdeskundige
- Opstellen van technische en bouwtechnische verslagen
- Het bouwen,verbouwen,aanpassen,herstellen,renoveren van alle gebouwen en constructies bij middel van alle technieken en in alle stadia van afwerking
- Optreden in de hoedanigheid van afgevaardigd bouwheer
- Het aankopen en verkopen,huren en verhuren,beheren en renoveren van onroerende goederen voor eigen beheer
- Detailhandel in algemene voedingswaren,dranken,rookwaren en huishoudelijke artikelen,omvattende eveneens de kleinhandel in drogisterij,verf,onderhoudsproducten en artikelen,zowel onder het statuut van dagwinkel als van nachtwinkel
- De groot en kleinhandel in meubels,inbouwkeukens,matrassen,bedveringen en overige matrassendragers,artikelen voor verlichting en woninginrichting,verlichtings- en elektriciteitsartikelen,niet elektrische huishoudapparaten,vaatwerk,aardewerk,porselein en glaswerk,overige huishoudartikelen van textiel,schoeisel,lederwaren en reisartikelen,elektrische huishoudartikelen,ijzerwaren,verf en bouwmaterialen,wand- en vloerbekleding,tapijten en vloermatten,vloerbekleding van kunststof,kleren,gadgets en dit zowel in een fysieke winkel als online via webshop
- De uitbating van een dagbladhandel / krantenwinkel in de meest ruime zin van het woord
- In en uitvoer in ruime zin,handelsbemiddeling,import en export van groot tot klein
- Algemene reiniging van gebouwen
- Schoonmaakwerken,poetshulp,strijkatelier
- Oppervlaktebehandeling van metalen
- Reparatie van uurwerken en sieraden
- Vervaardiging van sieraden
- Zeten van edelstenen op juwelen
- Aan -en verkoop van goud
- Consultancy activiteiten,regulatory affairs consulting
- Geven van trainingen met certificaat
- Apotheken
- Overige gespecialiseerde wetenschappelijke en technische activiteiten
- Overige zakelijke dienstverlening
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11028A0159/00P003 | Flanders | 267 m² | 1 · 97 m² | 9.2 m · 3 |