Age16 yrs
Real estate1 parcel · 304 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for ART-MAR according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €362k and a net result of €121k.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
3 events05-03-2024
Bankruptcy
Opening
04-11-2019
Bankruptcy
Bankruptcy reversal
16-08-2019
Bankruptcy
Opening
Signals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€121k+224.9%
Working capital€361k+50.9%
Directors3
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 15-04-2024 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 79.3% | 36.4% | |
| Net result | €121k | €12k | |
| Equity | €362k | €26k | |
| Gross operating margin | €178k | €32k | |
| Total assets | €457k | €86k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P93
Improving position over 2020-2022
· n=1619-6519
P95
Improving position over 2020-2022
· n=1612-6504
P95
Stable position over 2020-2022
· n=1621-6525
P92
Improving position over 2020-2022
· n=1610-6498
Describes the position versus peers, not a forecast.
€56k
-
-54% vs sector
€121k
+224.9%
+249% vs sector
€38k
-80.7%
-57% vs sector
€457k
+35.1%
-43% vs sector
€362k
+50.3%
+34% vs sector
€361k
+50.9%
+138% vs sector
€56k
+227.1%
far above sector median
€95k
-2.5%
-83% vs sector
€95k
-2.5%
-80% vs sector
4.81
+38.9%
+264% vs sector
4.69
+43.4%
far above sector median
79.3%
+11.2%
+178% vs sector
0.26
-35.1%
-90% vs sector
33.5%
+116.2%
+87% vs sector
26.5%
+140.4%
far above sector median
66.34
-
far above sector median
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €121k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €56k |
| Dividends | - |
| Total assets | €457k |
| Equity | €362k |
| Debt | €95k |
| of which ≤ 1y | €95k |
| of which > 1y | - |
| Working capital | €361k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 4.81 |
| Quick ratio | 4.69 |
| Working capital ratio | 79.0% |
| Solvency | 79.3% |
| Debt / equity | 0.26 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 26.5% |
| ROE | 33.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €457k |
| Fixed assets | 21/28 | €1k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €456k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €353k |
| Cash & bank | 54/58 | €92k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €457k |
| Equity | 10/15 | €362k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €158k |
| Accumulated profits (losses) | 14 | €198k |
| Amounts payable | 17/49 | €95k |
| Amounts payable within one year | 42/48 | €95k |
| Income statement | ||
| Gross operating margin | 9900 | €178k |
| Operating result | 9901 | €178k |
| Financial income | 75 | €2 |
| Financial charges | 65 | €177 |
| Result before taxes | 9903 | €178k |
| Income taxes | 67/77 | €56k |
| Net result for the period | 9904 | €121k |
| Result to be appropriated | 9905 | €121k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2022 · computed33
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
3 mandates| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | WIM HEETHEM WATERLOOSESTEENWEG 412/F,
1050 BRUSSEL 5 |
27-02-2024 → present | Belgian State Gazette |
| Curator | .
Délaisse à la SPRL ART-MAR et à l’Etat belge leurs propres dépens conformément à leur accord |
04-11-2019 → present | Belgian State Gazette |
| Curator | POL MASSART CHAUSSEE DE LA HULPE, 110/5,
1000 FR BRUXELLES-VILLE |
09-08-2019 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Overige gespecialiseerde bouwactiviteiten, neg(43990) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-03-2010 |
| Status | Active |
| Postal code | 1190 |
| First BS signal | 16-08-2019 |
| Latest BS signal | 05-03-2024 |
Structure & network
Company structure: linked entities
3 linked entitiesMandates
Locations & real estate
Establishment units
2 locationsWielemans Ceuppenslaan 152, 1190 Vorst
since 20102.186.220.840
Mini Polonia
since 20182.276.811.813
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area304 m²
Buildings1
Building footprint182 m²
Volume (LiDAR)3,762 m³
Tallest building23.1 m · ±7 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 21007A0033/00S008 | Brussels | 304 m² | 1 · 182 m² | 23.1 m · 7 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.
Publications
Lifecycle & Insolvency Signals
3 events from the State Gazette05-03-2024
Bankruptcy
Opening
04-11-2019
Bankruptcy
Bankruptcy reversal
16-08-2019
Bankruptcy
Opening
Time machine: BS events + macro context
2019-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Analysis
Snowflake analysis
financial profile on 5 axes57
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
33
Profitability
100
Solvency
100
Growth
52
Stability
0
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Landschapsverzorging81300Landschapsverzorging81300
Primary activity highlighted.
Names & trade names
| Legal nameFR | ART-MAR |
Registered office
Wielemans Ceuppenslaan 152
1190 Vorst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.