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ART'IFACT

Active
Private limited companyfounded 2019active for 6 yearsMorinenstraat 2, 8520 Kuurne, BelgiumKBO/BCE: BE 0737.872.268
Summary

The computed 12-month bankruptcy probability of ART'IFACT is 2.8% (moderate). The 2025 annual accounts show equity of €2,500 and a net result of €23,000. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 23% of 13,716 sector peers (NACE 46, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-11-2019 Normal situation
Activity
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods NACE 46160and 6 others
Establishment unit
2.298.031.453 8520 Kuurne, since 20-11-2019
Financial year end
31 December
Peppol
Reachable since 26-12-2025

Board and ownership

Board
  • Van Den Hoeven CarlDirector · since 18-11-2019

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2025
Gross margin
€35,448
▲ 34.5%
Turnover
≈ €150,000
estimated
Profit
€23,000
▲ 48.5%
Equity
€2,500
▼ 86.1%
Total assets
€45,703
▼ 16.6%
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts lateLiquidity: current ratio 1.04Founded in 2019lowers riskSize: total assets €45,703Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 30% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 30-28
equity 5.5% of total assets
Liquidity 0-29
short-term debt 94.5%
Profitability 100=
return on assets 50.3%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.1%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.2%▲ +0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 1.9%▲ +0.2 percentage points vs 08-2025 10-2025: 4.0%▲ +2.1 percentage points vs 09-2025 11-2025: 3.9%▼ -0.1 percentage points vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 3.5%▼ -0.4 percentage points vs 01-2026 03-2026: 3.6%▲ +0.1 percentage points vs 02-2026 04-2026: 3.5%▼ -0.1 percentage points vs 03-2026 05-2026: 3.5%● unchanged vs 04-2026 06-2026: 3.4%▼ -0.1 percentage points vs 05-2026 07-2026: 3.2%▼ -0.2 percentage points vs 06-2026 08-2026: 4.2%▲ +1.0 percentage point vs 07-2026highest value 09-2026: 2.8%▼ -1.4 percentage points vs 08-2026 10-2026: 2.8%● unchanged vs 09-2026 11-2026: 2.8%● unchanged vs 10-2026
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 46, micro). It does better than 20% of them on solvency, 1% on liquidity, 95% on profitability and 6% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €45,703
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.04
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 13716 sector peers (2025).
NBB · sector comparison
Position among 13716 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
31 days late
2024
57 days late
2023
29 days late
2022
31 days late
2021
29 days late
2020
16 days late
2019
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €23,000 7 years View

Recent changes

  1. · Gazette deed General meeting · Director resignation
  2. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as ART'IFACT: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €27,800 and €74,500, founded between 2018 and 2021.

CompanyTotal assetsGross margin
ART'IFACT Kuurne€45,703€35,448
BJØRDI Izegem€57,268€43,782
Pukor Lokeren€46,494€27,341
Taste Denim Consult Aalst€61,380€35,418
VAME CONSULTANTS Ardooie€74,502€30,475
HV-VISION Pecq€64,374€59,994
OHANA TRIATHLON Jette€27,759€29,308
Full comparison

Key facts about ART'IFACT

What is the company number of ART'IFACT?
The company number of ART'IFACT is 0737.872.268. The VAT number is the same number with BE in front: BE 0737.872.268.
Where is ART'IFACT based?
The registered office is at Morinenstraat 2, 8520 Kuurne.Company details
What does ART'IFACT do?
According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
What is the legal form of ART'IFACT?
The legal form of ART'IFACT is Private limited company (BV).
When was ART'IFACT founded?
ART'IFACT was founded on 20-11-2019.
Is ART'IFACT still active?
Yes, ART'IFACT is an active enterprise in the KBO register.
What is the turnover of ART'IFACT?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €35,448 and 38 comparable companies (NACE 461). It probably lies between €97,000 and €390,000.Financials
Is ART'IFACT profitable?
In financial year 2025, ART'IFACT made a profit of €23,000.
Where can I find the annual accounts of ART'IFACT?
ART'IFACT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ART'IFACT due?
ART'IFACT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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