ART SCHEMA
ActiveSummary
ART SCHEMA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€22,590) and a net result of -€13,581. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-20
Solvency0=
Growth24▼-13
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.57 in 2023; short-term debt: 415.5% and cash: 3.4% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-315.5%
Return on assets
-189.7%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← 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 dateAge against the risk zone
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
25 d late
2023
28 d late
2022
14 d early
2021
23 d late
2020
31 d late
2019
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
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. Usually files around 23 August (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Turnover
€44,569▼ 40.2%
2021 · €74,556
EBIT margin
-4.7%▼ 13.1pp
2021 · 8.5%
Net result
-€13,581▼ 312%
2023 · -€3,295
Working capital
-€22,590▼ 91.5%
2023 · -€11,798
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€60,618▼ 3.5%€74,556▲ 23.0%€44,569
Operating result€5,192▼ 60.5%€6,316▲ 21.6%-€10,738-€2,078▲ 80.6%-€12,556▼ 504%
Net result€4,405within the sector's middle half▼ 63.8%€4,993within the sector's middle half▲ 13.3%-€11,889below the sector's middle half-€3,295within the sector's middle half▲ 72.3%-€13,581below the sector's middle half▼ 312%
EBIT margin8.6%▼ 12.3pp8.5%▼ 0.1pp-4.7%
Equity€1,182below the sector's middle half€6,175below the sector's middle half▲ 422%-€5,714below the sector's middle half-€9,009below the sector's middle half▼ 57.7%-€22,590below the sector's middle half▼ 151%
Total assets€45,759within the sector's middle half▲ 43.7%€52,205within the sector's middle half▲ 14.1%€33,349below the sector's middle half▼ 36.1%€18,297below the sector's middle half▼ 45.1%€7,159below the sector's middle half▼ 60.9%
Debt€44,577▲ 27.1%€46,030▲ 3.3%€39,063▼ 15.1%€27,306▼ 30.1%€29,749▲ 8.9%
Working capital-€1,572within the sector's middle half▲ 56.4%€2,100within the sector's middle half-€9,286below the sector's middle half-€11,798below the sector's middle half▼ 27.1%-€22,590below the sector's middle half▼ 91.5%
Solvency2.6%below the sector's middle half▲ 12.7pp11.8%below the sector's middle half▲ 9.2pp-17.1%below the sector's middle half▼ 29.0pp-49.2%below the sector's middle half▼ 32.1pp-315.5%below the sector's middle half▼ 266.3pp
Current ratio0.95within the sector's middle half▲ 0.061.05within the sector's middle half▲ 0.100.74below the sector's middle half▼ 0.310.57below the sector's middle half▼ 0.170.24below the sector's middle half▼ 0.33
Return on assets (ROA)9.6%within the sector's middle half▼ 28.6pp9.6%within the sector's middle half▼ 0.1pp-35.7%below the sector's middle half▼ 45.2pp-18.0%below the sector's middle half▲ 17.6pp-189.7%below the sector's middle half▼ 171.7pp
Staff (FTE)0.6
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,556 in 2024 against €2,078 in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
EBITDA
-€9,767▼
2023 · €1,783
Cash flow
-€10,792▼
2023 · €566
Quick ratio
0.02▼
2023 · 0.04
Debt to equity
-1.32▲
2023 · -3.03
Interest coverage
-8.14▼
2023 · 1.45
Debt ≤ 1 year
€29,749▲
2023 · €27,306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €60,618 | €74,556 | - | €44,569 | - | - |
| Non-recurring operating income76A | - | €2,469 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €65,835 | - | €28,646 | - | - |
| Remuneration, social security and pensions62 | - | €2,845 | €2,709 | €112 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,033 | €3,799 | €3,861 | €3,861 | €2,789 | ▼ 27.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €15,689 | - | - |
| Other operating charges640/8 | - | €629 | €1,785 | €1,144 | €1,722 | ▲ 50.5% |
| Gross operating margin9900 | €8,491 | €13,589 | -€2,383 | €18,728 | -€8,045 | ▼ 143% |
| Operating profit (loss)9901 | €5,192 | €6,316 | -€10,738 | -€2,078 | -€12,556 | ▼ 504% |
| Financial income75/76B | - | €8 | €95 | €16 | €175 | ▲ 994% |
| Recurring financial income75 | €55 | €8 | €95 | €16 | €175 | ▲ 994% |
| Financial charges65/66B | - | €1,309 | €1,246 | €1,233 | €1,200 | ▼ 2.7% |
| Recurring financial charges65 | €842 | €1,309 | €1,246 | €1,233 | €1,200 | ▼ 2.7% |
| Profit (loss) for the period before taxes9903 | €4,405 | €5,015 | -€11,889 | -€3,295 | -€13,581 | ▼ 312% |
| Income taxes67/77 | - | €22 | - | - | - | - |
| Profit (loss) for the period9904 | €4,405 | €4,993 | -€11,889 | -€3,295 | -€13,581 | ▼ 312% |
| Profit (loss) for the period to be appropriated9905 | €4,405 | €4,993 | -€11,889 | -€3,295 | -€13,581 | ▼ 312% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,759 | €52,205 | €33,349 | €18,297 | €7,159 | ▼ 60.9% |
| Fixed assets21/28 | €12,868 | €10,732 | €6,650 | €2,789 | - | - |
| Tangible fixed assets22/27 | €12,868 | €10,511 | €6,650 | €2,789 | - | - |
| Furniture and vehicles24 | - | €10,511 | €6,650 | €2,789 | - | - |
| Financial fixed assets28 | - | €221 | - | - | - | - |
| Current assets29/58 | €32,891 | €41,473 | €26,699 | €15,508 | €7,159 | ▼ 53.8% |
| Stocks and contracts in progress3 | €28,240 | €35,620 | €25,866 | €14,297 | €6,582 | ▼ 54.0% |
| Stocks30/36 | - | €35,620 | €25,866 | €14,297 | €6,582 | ▼ 54.0% |
| Amounts receivable within one year40/41 | €636 | €785 | €165 | €969 | €336 | ▼ 65.3% |
| Trade receivables40 | - | €785 | €165 | €969 | €165 | ▼ 83.0% |
| Other amounts receivable41 | - | - | - | - | €171 | - |
| Cash at bank and in hand54/58 | €4,015 | €5,068 | €668 | €242 | €241 | ▼ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,759 | €52,205 | €33,349 | €18,297 | €7,159 | ▼ 60.9% |
| Equity10/15 | €1,182 | €6,175 | -€5,714 | -€9,009 | -€22,590 | ▼ 151% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€17,418 | -€12,425 | -€24,314 | -€27,609 | -€41,190 | ▼ 49.2% |
| Amounts payable17/49 | €44,577 | €46,030 | €39,063 | €27,306 | €29,749 | ▲ 8.9% |
| Amounts payable after more than one year17 | €10,114 | €6,657 | €3,078 | - | - | - |
| Financial debts170/4 | - | €6,657 | €3,078 | - | - | - |
| Amounts payable within one year42/48 | €34,463 | €39,373 | €35,985 | €27,306 | €29,749 | ▲ 8.9% |
| Current portion of amounts payable after more than one year42 | - | €3,457 | €3,579 | €3,079 | - | - |
| Financial debts43 | - | - | €1,114 | €3,709 | €800 | ▼ 78.4% |
| Credit institutions430/8 | - | - | €1,114 | €3,709 | €800 | ▼ 78.4% |
| Trade debts44 | €7,118 | €6,519 | €8,292 | €6,161 | €10,892 | ▲ 76.8% |
| Suppliers440/4 | - | €6,519 | €8,292 | €6,161 | €10,892 | ▲ 76.8% |
| Advances received on contracts in progress46 | - | €8,852 | €3,112 | €680 | €9,800 | ▲ 1,341% |
| Taxes, remuneration and social security45 | - | €3,069 | €2,583 | €1,429 | - | - |
| Taxes450/3 | - | €2,822 | €2,583 | €1,429 | - | - |
| Remuneration and social security454/9 | - | €247 | - | - | - | - |
| Other amounts payable47/48 | - | €17,476 | €17,305 | €12,248 | €8,257 | ▼ 32.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,405 | €4,993 | -€11,889 | -€3,295 | -€13,581 | ▼ 312% |
| + Depreciation and write-downs630 | €1,033 | €3,799 | €3,861 | €3,861 | €2,789 | ▼ 27.8% |
| Operating cash flow (approximation) | €5,438 | €8,792 | -€8,028 | €566 | -€10,792 | ▼ 2,007% |
| Investment in fixed assets (approximation) | - | -€1,663 | €221 | €0 | - | - |
| Change in cash | - | €1,053 | -€4,400 | -€426 | -€1 | ▲ 99.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet -€13,581
Net result drops to -€13,581, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Highest result since 2018net €12,173 ▲371%
Operating result €13,130, net result €12,173, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Dour · 2 establishment units since 2008
Ground area
2,945 m²
Building footprint
240 m²
Volume, LiDAR
2,034 m³
2 parcels, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Rue de la Frontière 169, 7370 Dour
since 20082.170.626.804
LA MAISON ART-SCHEMA
since 20152.250.481.657
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53012B0239/00S000 | Wallonia | 2,646 m² | 1 · 112 m² | 4.2 m · 1 fl. |
| 53053H0137/00H000indicative | Wallonia | 300 m² | 1 · 127 m² | 14.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,649 companies in sector 90111 we hold annual accounts for 384. 214 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
16281Manufacture of other wood products
74120Graphic design and visual communication
74130Interior design
74140Other specialised design activities
Contact
Phone
0473940334Dour
E-invoicing
Reachable via Peppol
Peppol ID
0208:0897603455
Also
9925:BE0897603455
Registered
20-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.