Financials
- Fiscal year
- 2025
- Total assets
- €68,169
- Profit
- €15,004
- Solvency
- 32.7%
Total assets▲ 35.3%
Net result
20242025
Art-X
ActiveSummary
The computed 12-month bankruptcy probability of Art-X is 5.0% (elevated). The 2025 annual accounts show equity of €22,306 and a net result of €15,004. Its solvency ranks better than 38% of 8619 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of other non-residential buildings
NACE 41003NACE 41203
1 site
Size
€68,169total assets 2025
- Equity
- €22,306
- Profit
- €15,004
Turnover not published (abridged schema)
Structure
Accounts 1 d early0 of 1 deed read
Why 40- Founded in 2024- Sector Construction of residential and non-residential buildings (NACE 41)- Size: total assets €68,169- 1 of the last 3 lateShow the evidence
Checked score
Score 2025
40
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 60% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
58+19
equity 32.7% of total assets
Liquidity
32+2
short-term debt 44.1% · cash 2.3%
Profitability
96+42
return on assets 22.0%
Bankruptcy probability, 12 months
5.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 3.6%lowest value
03-2025: 3.6%● 0.0% vs 02-2025lowest value
04-2025: 3.8%▲ +4.1% vs 03-2025
05-2025: 4.1%▲ +7.9% vs 04-2025
06-2025: 4.2%▲ +3.8% vs 05-2025
07-2025: 4.6%▲ +8.7% vs 06-2025
08-2025: 4.6%● 0.0% vs 07-2025
09-2025: 5.0%▲ +9.1% vs 08-2025
10-2025: 4.8%▼ -3.2% vs 09-2025
11-2025: 4.8%▼ -1.0% vs 10-2025
12-2025: 5.1%▲ +7.2% vs 11-2025
01-2026: 5.3%▲ +2.3% vs 12-2025
02-2026: 5.3%▲ +0.3% vs 01-2026highest value
03-2026: 5.3%● 0.0% vs 02-2026highest value
04-2026: 5.3%● 0.0% vs 03-2026highest value
05-2026: 5.3%● 0.0% vs 04-2026highest value
06-2026: 5.3%● 0.0% vs 05-2026highest value
07-2026: 5.3%● 0.0% vs 06-2026highest value
08-2026: 5.0%▼ -5.6% vs 07-2026
09-2026: 5.0%▼ -0.6% vs 08-2026
10-2026: 5.0%● 0.0% vs 09-2026
- Founded in 2024 raises the probability for this profile
- Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
- Size: total assets €68,169 raises the probability for this profile
- 1 of the last 3 late raises the probability
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.14 against 1.67 in 2024; short-term debt: 44.1% and cash: 2.3% of total assets), and 67.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 40%, liquidity 26%, profitability 80%, growth against the median 95%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
1 d early
2024
362 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 181 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2026
- Next accounts
- by 31-07-2027
- 30-07-2026Annual accounts filed
- 28-07-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of other non-residential buildingsNACE 41003
- Founded
- 22-01-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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