The computed 12-month bankruptcy probability of Art-Technic is 22.3% (high). The 2022 annual accounts show equity of €27,142 and a net result of €26,142. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises riskEx-officio strike-off in the KBO3 financial years not filed after the legal deadline; latest accounts 44 days late; 1 of the last 3 lateNo main activity registeredNo filing in 24 months (latest 15-09-2023)Administrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Financial strength, FY 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100
equity 79.7% of total assets
Liquidity44
short-term debt 20.3% · cash 0.1%
Profitability100
return on assets 76.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
22.3%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 24.9%12-2024: ≥ 25%▲ +1.3 percentage points vs 11-202401-2025: ≥ 25%● unchanged vs 12-202402-2025: ≥ 25%● unchanged vs 01-202503-2025: ≥ 25%● unchanged vs 02-202504-2025: ≥ 25%● unchanged vs 03-202505-2025: ≥ 25%● unchanged vs 04-202506-2025: ≥ 25%● unchanged vs 05-202507-2025: ≥ 25%● unchanged vs 06-202508-2025: ≥ 25%● unchanged vs 07-202509-2025: ≥ 25%● unchanged vs 08-202510-2025: ≥ 25%● unchanged vs 09-202511-2025: ≥ 25%● unchanged vs 10-202512-2025: ≥ 25%● unchanged vs 11-202501-2026: ≥ 25%● unchanged vs 12-202502-2026: ≥ 25%● unchanged vs 01-2026highest value03-2026: ≥ 25%● unchanged vs 02-2026highest value04-2026: ≥ 25%● unchanged vs 03-2026highest value05-2026: ≥ 25%● unchanged vs 04-2026highest value06-2026: ≥ 25%● unchanged vs 05-202607-2026: ≥ 25%● unchanged vs 06-202608-2026: ≥ 25%● unchanged vs 07-202609-2026: 22.3%▼ -8.6 percentage points vs 08-2026lowest value10-2026: 22.3%● unchanged vs 09-2026lowest value
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-09-2023, 44 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.
This company filed its 2022 accounts 44 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.