Art2Sell
The file of Art2Sell contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The 2021 annual accounts show equity of €61k and a net result of €26k. Equity is growing by ~47.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 926 sector peers (fiscal year 2021).
| Equity | €61k |
| Net result | €26k |
| Better than sector | 59% |
| Active | 15 yrs |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.6% | 48.2% | |
| Net result | €26k | €23k | |
| Equity | €61k | €50k | |
| Gross operating margin | €44k | €39k | |
| Total assets | €105k | €151k |
| Fiscal year | 2021 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €26k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €13k |
| Dividends | - |
| Total assets | €105k |
| Equity | €61k |
| Debt | €45k |
| of which ≤ 1y | €45k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2021 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 57.6% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 24.3% |
| ROE | 42.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €105k |
| Fixed assets | 21/28 | €12k |
| Intangible fixed assets | 21 | €653 |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €400 |
| Current assets | 29/58 | €93k |
| Amounts receivable within one year | 40/41 | €87k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €105k |
| Equity | 10/15 | €61k |
| Contributions / capital | 10/11 | €12k |
| Reserves | 13 | €48k |
| Amounts payable | 17/49 | €45k |
| Amounts payable within one year | 42/48 | €45k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €44k |
| Operating result | 9901 | €36k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €39k |
| Income taxes | 67/77 | €13k |
| Net result for the period | 9904 | €26k |
| Result to be appropriated | 9905 | €26k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LUTGART GODDERIS ALBERT I LAAN 8, 8630 VEURNE- |
18-12-2024 → present | Belgian State Gazette |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-10-2010 |
| Status | Active |
| Postal code | 8670 |
| First BS signal | 24-12-2024 |
| Latest BS signal | 08-06-2026 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38342G0621/00A000 | Flanders | 1,098 m² | 1 · 196 m² | 12.3 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-06-2022 Registered office moved from Poperinge to Koksijde
- 8978 Poperinge, Trappistenweg 35A → 8670 Koksijde (Belglö), Lejeunelaan 19 bus 2021
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "8670 Koksijde (Belgl\u00F6), Lejeunelaan 19 bus 2021",
"city": "Koksijde",
"region": "vlaams_gewest",
"street": "Lejeunelaan",
"country": "BE",
"postcode": "8670",
"box_number": "2021",
"street_number": "19",
"locality_suffix": null
},
"old_address": {
"raw": "8978 Poperinge, Trappistenweg 35A",
"city": "Poperinge",
"region": "vlaams_gewest",
"street": "Trappistenweg",
"country": "BE",
"postcode": "8978",
"box_number": null,
"street_number": "35A",
"locality_suffix": null
},
"effective_date": "2022-02-02",
"evidence_quote": "In overeenstemming met artikel 2 van de statuten beslist de bestuurder van de BV Art2Sell hierbij om de maatschappelijke zete! van de vennootschap te verplaatsen van 8978 Poperinge (Belgl\u00EB), Trapplstenweg 35A, naar 8670 Koksijde (Belgl\u00F6), Lejeunelaan 19 bus 2021 en dit met ingang van 2 mel 2022.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": 2,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-06-08",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2022-04-29",
"unanimous": null
},
"subject_company": {
"kbo": "0830.225.770",
"name_full": "Art2Sell",
"legal_form": "BV",
"_kbo_extracted_mismatch": "0030.225.770"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Vanhaverbeke Frits",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Art2Sell |