ART IN KITCHEN
ActiveSummary
ART IN KITCHEN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 69% of 130 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+68
Solvency87▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.76 in 2024; short-term debt: 38% of total assets), and 38% 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 risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62%
Return on assets
21.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €31k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
56 d early
2023
56 d early
2022
51 d early
2021
59 d early
2020
61 d early
2019
67 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k
2024 · €-3k
2018: €-17k
2019: €-8k
2020: €34k
2021: €18k
2022: €-13k
2023: €-7k
2024: €-3k
2018 → 2025
Working capital
€-1k▲ 85.4%
2024 · €-8k
2018: €-6k
2019: €-14k
2020: €20k
2021: €28k
2022: €17k
2023: €10k
2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€31k▼ 23.0%€23k▼ 24.3%€20k▼ 12.1%€31k▲ 54.3%
Operating result€23k-€-11k€-5k▲ 50.5%€-924▲ 82.5%€17k
Net result€18k-€-13k€-7k▲ 41.4%€-3k▲ 62.2%€11k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17k after a loss of €924 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€33k ▲ 15.9%
Current assets
€18k ▼ 26.5%
Equity and liabilities €51k
Equity
€31k ▲ 54.3%
Debt
€19k ▼ 40.5%
Debt's share of the balance-sheet total falls from 61.4% to 38.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2024 · €4k
Cash flow
€17k▲
2024 · €2k
Current ratio
0.94▲
2024 · 0.76
Debt to equity
0.61▼
2024 · 1.59
ROE
35.2%▲
2024 · -13.8%
ROA
21.8%▲
2024 · -5.3%
Interest coverage
7.83▲
2024 · 1.90
Debt ≤ 1 year
€19k▼
2024 · €32k
Income taxes
€3k▲
2024 · €19
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€53k€51k▼
Fixed assets21/28€28k€33k▲
Tangible fixed assets22/27€28k€33k▲
Plant, machinery and equipment23€16k€13k▼
Furniture and vehicles24€12k€19k▲
Current assets29/58€25k€18k▼
Amounts receivable within one year40/41€25k€18k▼
Trade receivables40€21k€11k▼
Other amounts receivable41€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€53k€51k▼
Equity10/15€20k€31k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€2k€13k▲
Amounts payable17/49€32k€19k▼
Amounts payable within one year42/48€32k€19k▼
Current portion of amounts payable after more than one year42-€9k
Financial debts43€20k€4k▼
Credit institutions430/8€20k€4k▼
Trade debts44€392€3k▲
Suppliers440/4€392€3k▲
Advances received on contracts in progress46€9k-
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€21k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-24
Other operating charges640/8€1k-
Gross operating margin9900€26k€23k▼
Operating profit (loss)9901€-924€17k▲
Financial income75/76B-€192
Recurring financial income75-€192
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-3k€14k▲
Income taxes67/77€19€3k▲
Profit (loss) for the period9904€-3k€11k▲
Profit (loss) for the period to be appropriated9905€-3k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€13k▲
Profit (loss) brought forward from the previous period14P€5k€2k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.46
Current ratio from 0.56 to 1.46.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Esneux · 1 establishment unit since 2016
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.
Rue de Poulseur 594130 EsneuxGround area
609 m²
Parcel 62032E0847/00M003, Wallonia. Linked by address, not a title deed.
1 establishment unit
ART IN KITCHEN
since 20162.248.766.836
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032E0847/00M003 | Wallonia | 609 m² | - | - |
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
COQUETO
BE 0441.448.384
Tielt · Eq €30,957
C.M.P. DESIGN
BE 0862.309.016
Charleroi · Eq €30,913
CUISITEC
BE 0442.934.365
Andenne · Eq €30,892
De Schrijn
BE 0740.709.915
Heist-op-den-Berg · Eq €31,992
SIMON EN KASPER INTERIEUR
BE 0801.644.424
Waasmunster · Eq €29,447
Of 619 companies in sector 31002 we hold annual accounts for 349. 207 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
31002Manufacture of furniture
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.