ART TECHNIBAT
ActiveART TECHNIBAT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-27k) and a net result of €-63k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 19% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▲+7
Solvency23▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 5.93 against 3.31 in 2024; short-term debt: 16.5% and cash: 0.5% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 2025Solvency, return and age of the figures
Solvency
-1.5%
Return on assets
-3.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-27k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
13 d late
2023
30 d late
2022
29 d early
2021
49 d early
2020
132 d early
2019
1 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-27k
2024 · €36k
2018: €89k
2019: €101k
2020: €111k
2021: €126k
2022: €125k
2023: €124k
2024: €36k
2018 → 2025
Total assets
€1.74M▲ 54.0%
2024 · €1.13M
2018: €260k
2019: €152k
2020: €127k
2021: €147k
2022: €244k
2023: €212k
2024: €1.13M
2018 → 2025
Net result
€-63k▲ 29.0%
2024 · €-89k
2018: €4k
2019: €12k
2020: €10k
2021: €15k
2022: €455
2023: €224
2024: €-89k
2018 → 2025
Working capital
€1.41M▲ 88.5%
2024 · €750k
2018: €97k
2019: €100k
2020: €111k
2021: €126k
2022: €119k
2023: €120k
2024: €750k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€125k▼ 0.6%€124k▼ 0.8%€36k▼ 71.1%€-27k
Operating result€20k-€3k▼ 86.7%€2k▼ 12.6%€-80k€-5k▲ 94.2%
Net result€15k-€455▼ 97.0%€224▼ 50.7%€-89k€-63k▲ 29.0%
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 €5k in 2025 against €80k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets
€40k▼ 27.8%
Current assets
€1.70M▲ 58.2%
Key figures and ratios
EBITDA
€11k▲
2024 · €-70k
Cash flow
€-48k▲
2024 · €-79k
Solvency
-1.5%▼
2024 · 3.2%
Current ratio
5.93▲
2024 · 3.31
Quick ratio
0.22▲
2024 · 0.20
Debt / equity
-65.71▼
2024 · 30.48
ROA
-3.6%▲
2024 · -7.8%
Interest coverage
0.18▲
2024 · -9.83
Debt
€1.77M▲
2024 · €1.09M
Debt ≤ 1 year
€287k▼
2024 · €325k
Debt > 1 year
€1.48M▲
2024 · €769k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.74M▲
Fixed assets21/28€55k€40k▼
Tangible fixed assets22/27€55k€39k▼
Leasing and similar rights25€55k€39k▼
Financial fixed assets28€120€120=
Current assets29/58€1.08M€1.70M▲
Stocks and contracts in progress3€1.01M€1.64M▲
Stocks30/36€1.01M€1.64M▲
Amounts receivable within one year40/41€49k€27k▼
Trade receivables40€37k€25k▼
Other amounts receivable41€12k€2k▼
Cash at bank and in hand54/58€9k€9k▲
Deferred charges and accrued income490/1€6k€26k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.74M▲
Equity10/15€36k€-27k▼
Contributions10/11€19k€19k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€6k€-57k▼
Amounts payable17/49€1.09M€1.77M▲
Amounts payable after more than one year17€769k€1.48M▲
Financial debts170/4€769k€1.48M▲
Amounts payable within one year42/48€325k€287k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€196k€156k▼
Suppliers440/4€196k€156k▼
Other amounts payable47/48€117k€117k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€15k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-68k€13k▲
Operating profit (loss)9901€-80k€-5k▲
Financial charges65/66B€7k€58k▲
Recurring financial charges65€7k€58k▲
Profit (loss) for the period before taxes9903€-87k€-63k▲
Income taxes67/77€1k-
Profit (loss) for the period9904€-89k€-63k▲
Profit (loss) for the period to be appropriated9905€-89k€-63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-57k▼
Profit (loss) brought forward from the previous period14P€94k€6k▼
The notes to these accounts (6 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Weakest financial yearnet €-89k ▼39549%
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €15k ▲52.4%
Operating result €20k, net result €15k, both a record.
21-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 7.81
Current ratio from 2.98 to 7.81; short-term debt falls from €51k to €16k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €101k ▲12.9%
2 profitable years in a row build equity to €101k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2004
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.
Molenbeeksestraat 1171020 BrusselGround area
3,770 m²
Building footprint
864 m²
Volume, LiDAR
5,208 m³
Parcel 21815D0207/00V010, Brussels · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ART TECHNIBAT
since 20042.137.642.547
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0207/00V010 | Brussels | 3,770 m² | 1 · 864 m² | 10.2 m · 2 fl. |
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.
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CSPC
BE 0770.581.460
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BOWEMO
BE 0738.443.677
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RS Homes Development
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Of 9,696 companies in sector 68121 we hold annual accounts for 7,378. 4,691 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-1990
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.