art2work
ActiveSummary
art2work has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €449,684 and a net result of €88,542. Equity has been stable since 2018 (±1.5% per year). Its solvency ranks better than 53% of 621 sector peers (NACE 94, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-07-2007 Normal situation
- Activity
- Other membership organisations NACE 94999
- Joint committee
- 329.03 Socio-cultural sector · annual accounts 2023
- Establishment unit
- 2.166.457.386 1080 Molenbeek-Saint-Jean, since 01-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 26-08-2026
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2024
- Turnover
- €167,145
- ▼ 2.0%
- Surplus
- €88,542
- ▲ 8.9%
- Equity
- €449,684
- ▲ 11.6%
- Total assets
- €766,675
- ▲ 12.9%
- Employees on 31-12-2024
- 21
- =
- 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 08-08-2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 3.93, cash €304,333Sector: Activities of membership organisations (NACE 94)Show the evidence
Checked score
Score 2024
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 70% of small companies in membership organisations (NACE 94)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency
84=
equity 58.7% of total assets
Liquidity
91+28
short-term debt 23.2% · cash 39.7%
Profitability
89=
return on assets 11.5%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025highest value
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 3.93 (2.67 in 2023), above the usual 1.5. Short-term debt is 23.2% and cash 39.7% of total assets. 41.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 94, small). It does better than 51% of them on solvency, 74% on liquidity, 94% on profitability and 60% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €449,684
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 7 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 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.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
7 days late
2023
51 days late
2022
27 days early
2021
52 days late
2020
25 days late
2019
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 22 days after the deadline. In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 07-08-2025 PDF all 10 filings
Turnover
€167,145▼ 2.0%
2023 · €170,632
EBIT margin
53.0%▲ 4.0pp
2023 · 49.0%
Net result
€88,542▲ 8.9%
2023 · €81,320
Working capital
€520,226▲ 46.6%
2023 · €354,766
Multi-year overview
2018 to 2024, 7 financial yearsTurnover
€167,145
▼ 2.0%
2024
20182024
Operating result
€88,623
▲ 6.0%
2024
20182024
Net result
€88,542
▲ 8.9%
2024
middle half of the sector
20182024
EBIT margin
53.0%
▲ 4.0pp
2024
20182024
Equity
€449,684
▲ 11.6%
2024
middle half of the sector
20182024
Total assets
€766,675
▲ 12.9%
2024
middle half of the sector
20182024
Debt
€316,991
▲ 14.8%
2024
20182024
Working capital
€520,226
▲ 46.6%
2024
middle half of the sector
20182024
Solvency
58.7%
▼ 0.7pp
2024
middle half of the sector
20182024
Current ratio
3.93
▲ 1.26
2024
middle half of the sector
20182024
Return on assets (ROA)
11.5%
▼ 0.4pp
2024
highest quarter of the sector
20182024
Staff (FTE)
20
▼ 3.8%
2024
highest quarter of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€125,955-€113,652▼ 9.8%€38,245▼ 66.3%€73,676▲ 92.6%€79,638▲ 8.1%€170,632▲ 114%€167,145▼ 2.0%
Operating result€20,542-€4,900▼ 76.1%-€19,490-€38,472▼ 97.4%€107,789€83,633▼ 22.4%€88,623▲ 6.0%
Net result€18,471-€3,962▼ 78.6%-€20,071below the sector's middle half-€38,744below the sector's middle half▼ 93.0%€105,844above the sector's middle half€81,320above the sector's middle half▼ 23.2%€88,542within the sector's middle half▲ 8.9%
EBIT margin16.3%-4.3%▼ 12.0pp-51.0%▼ 55.3pp-52.2%▼ 1.3pp135.3%▲ 187.6pp49.0%▼ 86.3pp53.0%▲ 4.0pp
Equity€412,338-€377,008▼ 8.6%€320,991within the sector's middle half▼ 14.9%€299,579within the sector's middle half▼ 6.7%€363,556within the sector's middle half▲ 21.4%€403,009within the sector's middle half▲ 10.9%€449,684within the sector's middle half▲ 11.6%
Total assets€745,923-€667,860▼ 10.5%€559,326within the sector's middle half▼ 16.3%€579,662within the sector's middle half▲ 3.6%€639,810within the sector's middle half▲ 10.4%€679,053within the sector's middle half▲ 6.1%€766,675within the sector's middle half▲ 12.9%
Debt€333,585-€290,852▼ 12.8%€238,335▼ 18.1%€280,083▲ 17.5%€276,254▼ 1.4%€276,044▼ 0.1%€316,991▲ 14.8%
Working capital€218,199-€216,195▼ 0.9%€158,010below the sector's middle half▼ 26.9%€172,114below the sector's middle half▲ 8.9%€212,710below the sector's middle half▲ 23.6%€354,766within the sector's middle half▲ 66.8%€520,226within the sector's middle half▲ 46.6%
Solvency55.3%-56.5%▲ 1.2pp57.4%within the sector's middle half▲ 0.9pp51.7%within the sector's middle half▼ 5.7pp56.8%within the sector's middle half▲ 5.1pp59.3%within the sector's middle half▲ 2.5pp58.7%within the sector's middle half▼ 0.7pp
Current ratio1.80-1.92▲ 0.121.73below the sector's middle half▼ 0.191.84below the sector's middle half▲ 0.111.79below the sector's middle half▼ 0.052.67within the sector's middle half▲ 0.883.93within the sector's middle half▲ 1.26
Return on assets (ROA)2.5%-0.6%▼ 1.9pp-3.6%below the sector's middle half▼ 4.2pp-6.7%below the sector's middle half▼ 3.1pp16.5%above the sector's middle half▲ 23.2pp12.0%above the sector's middle half▼ 4.6pp11.5%above the sector's middle half▼ 0.4pp
Staff (FTE)14.8-15.5▲ 4.7%16.9above the sector's middle half▲ 9.0%20.6above the sector's middle half▲ 21.9%20above the sector's middle half▼ 2.9%20.8above the sector's middle half▲ 4.0%20above the sector's middle half▼ 3.8%
above
within
below
The sector band is the middle half of the companies in Activities of membership organisations (NACE 94). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 6% higher than in 2023. It is a recovery after the fall in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €766,675
Fixed assets
€68,958 ▼ 38.3%
Current assets
€697,717 ▲ 23.0%
Equity and liabilities €766,675
Equity
€449,684 ▲ 11.6%
Debt
€316,991 ▲ 14.8%
Debt's share of the balance-sheet total rises from 40.7% to 41.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131,495▲
2023 · €128,540
Cash flow
€131,414▲
2023 · €126,227
Debt to equity
0.70▲
2023 · 0.68
ROE
19.7%▼
2023 · 20.2%
Interest coverage
over 100▲
2023 · 50.77
Debt ≤ 1 year
€177,491▼
2023 · €212,456
Customer credit
97 days▲
2023 · 73 days
Supplier credit
22 days▼
2023 · 98 days
Staff costs
€1.2m▲
2023 · €1.1m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 21 | 21 | 21 | 21 |
| full-time | 19 | 18 | 18 | 15 |
| part-time | 2 | 3 | 3 | 6 |
| in full-time equivalents | 20.6 | 20.1 | 20.1 | 19 |
| Average over the year, in full-time equivalents | 19 | 20 | 20.8 | 20 |
| On a permanent contract | 21 | 21 | 21 | 21 |
| Joined | 47 | 24 | 19 | 19 |
| Left | 42 | 24 | 19 | 19 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €65,379 | - | - | - |
| Depreciation and write-downs of the year | €46,848 | €45,574 | €44,908 | €42,872 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 9 entries · €695,844 awarded · €438,530 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €208,348 | €214,162 |
| 2024 | 3 | €287,970 | €162,768 |
| 2023 | 2 | €199,526 | €61,600 |
Wallonia-Brussels Federation
2024 to 2025 · 3 entries · €56,544 in total| Year | Entries | Paid |
|---|---|---|
| 2025 | 2 | €31,044 |
| 2024 | 1 | €25,500 |
Budget allocations
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0.1m | €0.1m | €0.04m | €0.07m | €0.08m | €0.2m | €0.2m | ▼ 2.0% |
| Membership fees, donations, legacies and grants73 | - | - | - | €0.6m | €0.9m | €0.8m | €0.9m | ▲ 14.2% |
| Non-recurring operating income76A | - | - | - | - | - | - | €0.001m | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 28.4% |
| Remuneration, social security and pensions62 | - | - | - | €0.9m | €1.0m | €1.1m | €1.2m | ▲ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.04m | €0.04m | €0.05m | €0.05m | €0.04m | €0.04m | ▼ 4.5% |
| Other operating charges640/8 | - | - | - | €156 | - | €379 | €0.001m | ▲ 55.1% |
| Gross operating margin9900 | €0.8m | €0.8m | €0.9m | €0.9m | €1.2m | €1.3m | €1.3m | ▲ 4.7% |
| Operating profit (loss)9901 | €0.02m | €0.005m | -€0.02m | -€0.04m | €0.1m | €0.08m | €0.09m | ▲ 6.0% |
| Financial income75/76B | - | - | - | €50 | €170 | €219 | €345 | ▲ 57.7% |
| Recurring financial income75 | €51 | €229 | €124 | €50 | €170 | €219 | €345 | ▲ 57.7% |
| Non-recurring financial income76B | - | - | - | €1 | - | - | - | - |
| Financial charges65/66B | - | - | - | €322 | €0.002m | €0.003m | €426 | ▼ 83.2% |
| Recurring financial charges65 | €0.002m | €0.001m | €0.001m | €322 | €0.002m | €0.003m | €426 | ▼ 83.2% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.004m | -€0.02m | -€0.04m | €0.1m | €0.08m | €0.09m | ▲ 8.9% |
| Profit (loss) for the period9904 | €0.02m | €0.004m | -€0.02m | -€0.04m | €0.1m | €0.08m | €0.09m | ▲ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.004m | -€0.02m | -€0.04m | €0.1m | €0.08m | €0.09m | ▲ 8.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €745,923 | €667,860 | €559,326 | €579,662 | €639,810 | €679,053 | €766,675 | ▲ 12.9% |
| Fixed assets21/28 | €254,506 | €216,799 | €183,781 | €202,312 | €156,738 | €111,830 | €68,958 | ▼ 38.3% |
| Tangible fixed assets22/27 | €250,301 | €212,594 | €179,576 | €198,107 | €152,533 | €107,626 | €64,753 | ▼ 39.8% |
| Furniture and vehicles24 | - | - | - | €4,737 | €2,035 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €193,370 | €150,498 | €107,626 | €64,753 | ▼ 39.8% |
| Financial fixed assets28 | €4,205 | €4,205 | €4,205 | €4,205 | €4,205 | €4,205 | €4,205 | = |
| Current assets29/58 | €491,417 | €451,062 | €375,545 | €377,350 | €483,072 | €567,222 | €697,717 | ▲ 23.0% |
| Amounts receivable within one year40/41 | €203,667 | €195,716 | €270,503 | €96,100 | €440,109 | €426,081 | €388,946 | ▼ 8.7% |
| Trade receivables40 | - | - | - | €12,730 | €12,860 | €33,964 | €44,284 | ▲ 30.4% |
| Other amounts receivable41 | - | - | - | €83,370 | €427,250 | €392,117 | €344,662 | ▼ 12.1% |
| Cash at bank and in hand54/58 | €279,010 | €245,941 | €104,829 | €278,071 | €42,963 | €141,141 | €304,333 | ▲ 116% |
| Deferred charges and accrued income490/1 | - | - | - | €3,179 | - | - | €4,438 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €745,923 | €667,860 | €559,326 | €579,662 | €639,810 | €679,053 | €766,675 | ▲ 12.9% |
| Equity10/15 | €412,338 | €377,008 | €320,991 | €299,579 | €363,556 | €403,009 | €449,684 | ▲ 11.6% |
| Reserves13 | - | - | - | €100,000 | €150,000 | €195,000 | €245,000 | ▲ 25.6% |
| Profit (loss) carried forward14 | €66,331 | €70,293 | €50,222 | €11,479 | €67,322 | €103,642 | €142,184 | ▲ 37.2% |
| Investment grants15 | - | - | - | €188,100 | €146,234 | €104,367 | €62,500 | ▼ 40.1% |
| Amounts payable17/49 | €333,585 | €290,852 | €238,335 | €280,083 | €276,254 | €276,044 | €316,991 | ▲ 14.8% |
| Amounts payable after more than one year17 | €31,467 | €16,800 | €800 | - | - | - | - | - |
| Amounts payable within one year42/48 | €273,218 | €234,867 | €217,535 | €205,236 | €270,362 | €212,456 | €177,491 | ▼ 16.5% |
| Financial debts43 | - | - | - | - | €113,434 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €113,434 | - | - | - |
| Trade debts44 | €23,029 | €15,319 | €11,354 | €78,353 | €16,026 | €48,617 | €13,750 | ▼ 71.7% |
| Suppliers440/4 | - | - | - | €78,353 | €16,026 | €48,617 | €13,750 | ▼ 71.7% |
| Taxes, remuneration and social security45 | - | - | - | €85,890 | €99,909 | €115,465 | €115,347 | ▼ 0.1% |
| Taxes450/3 | - | - | - | - | €264 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €85,890 | €99,645 | €115,465 | €115,347 | ▼ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | €74,847 | €5,892 | €63,587 | €139,500 | ▲ 119% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,471 | €3,962 | -€20,071 | -€38,744 | €105,844 | €81,320 | €88,542 | ▲ 8.9% |
| + Depreciation and write-downs630 | €39,934 | €40,962 | €38,647 | €46,848 | €45,574 | €44,908 | €42,872 | ▼ 4.5% |
| Operating cash flow (approximation) | €58,405 | €44,924 | €18,576 | €8,104 | €151,417 | €126,227 | €131,414 | ▲ 4.1% |
| Investment in fixed assets (approximation) | - | -€3,255 | -€5,629 | -€65,379 | €0 | €0 | €0 | - |
| Change in cash | - | -€33,070 | -€141,111 | €173,241 | -€235,108 | €98,178 | €163,192 | ▲ 66.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as art2work has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
96.5%
was still going
3.1%
stopped otherwise
0.3%
went bankrupt
That fits the bankruptcy probability of art2work itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for art2work. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | full format | 07-08-2025 | 2025-00367578 | |
| 31-12-2023 | full format | 20-09-2024 | 2024-00468274 | |
| 31-12-2022 | full format | 04-07-2023 | 2023-00219834 | |
| 31-12-2021 | full format | 21-09-2022 | 2022-20433625 | |
| 31-12-2020 | full format | 25-08-2021 | 2021-54700370 | |
| 31-12-2019 | full format | 26-08-2020 | 2020-45300532 | |
| 31-12-2018 | full format | 10-07-2019 | 2019-31700543 | |
| 31-12-2017 | full format | 03-05-2018 | 2018-12100350 | |
| 31-12-2016 | full format | 12-04-2017 | 2017-09500046 | |
| 31-12-2015 | full format | 07-04-2016 | 2016-09700159 |
Board & ownership
Directors
Directors
4 directors, no change since 2026
Board 4
Arabi Aroug
Current
Director · since 11-06-2019 · also on the board of 1 other company · listed in the 2021 annual accounts, filed on 21-09-2022
Peter Joling
Current
Director · appointed by deed of 30-01-2025
Quentin David
Current
Director · appointed by deed of 03-10-2025
Tijs de Geyndt
Current
Director · appointed by deed of 24-12-2025
Other functions 1
Willem Vervaeke
Current
Director (executive) · appointed by deed of 06-03-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 25 - Représentation générale de l'association Les actions judiciaires, tant en demandant qu'en défendant, sont intentées ou…”
deed of 15-07-2024Owners and capital
Owners
This non-profit association has no shareholders or capital.
Mandate history
30 people, 5 in office
- Board
- Day-to-day management
- Other function
- mandate already running before its first mention
- end not dated
| Name | Functions and periods |
|---|---|
| Arabi Aroug |
|
| Peter Joling |
|
| Quentin David |
|
| Tijs de Geyndt |
|
| Willem Vervaeke |
|
| Anne Descheemaeker |
|
| Roberta Stebel |
|
| Peter Jolling |
|
| Bruno Casabona |
|
| Drifa Mourade |
|
| Emilie Anseeuw |
|
| Justin Bindariye |
|
| Yamina El Fahsi |
|
| Anissa Benali |
|
| Schreurs Bert |
|
| Claire Liebmann |
|
| Joris Vandersteene |
|
| Marjan Justaert |
|
| Assal Yassine |
|
| Allinckx Isabelle |
|
| Embrechts, Wim Alois Augusta |
|
| GERARD Myriam |
|
| Kristien De Coster |
|
| Aurore Di Giusto |
|
| Pierre Pirard |
|
| Ouachen Mohamed |
|
| Smeets Tom |
|
| Gérard Myriam |
|
| Mastari Saïd |
|
| Bindi Michel |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directorsAt most 5 directorsdeed of 24-12-2025 (in French)
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Livre 2,Titre 8,Chapitre 2 Code des sociétés et des associations, assemblée générale sauf dissolution judiciaire”deed of 15-07-2024 (in French)
Network & group
Companies at the same address
5 other companies- Samenwerk Registered office · since 17-01-2019Founded in 2019 · total assets €3,028 (2025) 0718.834.237
- museumPASSmusées Registered office · since 29-01-2018Founded in 2018 · 2.9 FTE (2025) · negative equity 0688.994.859
- Atelier Groot Eiland Establishment · since 19-09-2016Founded in 1985 · 54 FTE (2025) 0430.686.037
- publiq Registered office · since 11-07-2006Founded in 2001 · 81 FTE (2025) 0475.250.609
- JONGER & CULTUUR Registered office · since 22-04-1996Founded in 1996 0458.459.612
Connections & network
3 connected companies, 26 earlier tiesThis company
Company
Director
Shareholding
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Linked via shared directors
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Earlier ties
La Fourna
via Schreurs Bert (at art2work until 2025) · Director
Open bankruptcy · founded in 2020 · turnover €162,539 (2024)
→
Côte à l'Os
via Assal Yassine (at art2work until 2022) · Director (not named in the articles)
Open bankruptcy · founded in 2022 · total assets €127,054 (2024)
→
LA MAISON D'ENFANTS D'ACTIRIS
via GERARD Myriam (at art2work, last mentioned in 2019) · Director
Founded in 1991 · 119 FTE (2023) · accounts filed late
→
DE VRIENDEN VAN BROSELLA
via Schreurs Bert (at art2work until 2025) · Director general
Founded in 1986 · total assets €195,734 (2025) · negative equity
→
Show 22 more earlier ties
OPERATEUR DE TRANSPORT DE WALLONIE
via Pierre Pirard (at art2work until 2018) · Director
Founded in 1989 · 6,183 FTE (2025)
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VIVALIA
via Pierre Pirard (at art2work until 2018) · Administrateur représentant des associés communaux
Founded in 1974 · 3,178 FTE (2025)
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BRUSTART BY FINANCE&INVEST.BRUSSELS
via GERARD Myriam (at art2work, last mentioned in 2019) · Director
Founded in 1992 · 2.6 FTE (2025) · group Brusselse Hoofdstedelijk Gewest
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Vormingscentrum A.P.C.B. - Centre de Formation C.P.A.E.
via Joris Vandersteene (at art2work until 2023) · Director
Founded in 1990 · 110 FTE (2025)
→
FORMATION - INSERTION - JEUNES
via Allinckx Isabelle (at art2work, last mentioned in 2019) · Director
Founded in 1984 · 34 FTE (2025)
→
TV - Lux asbl, Télévision locale et communautaire en province de Luxembourg
via Pierre Pirard (at art2work until 2018) · Director
Founded in 1996 · 31 FTE (2025)
→
Teach for Belgium
via Pierre Pirard (at art2work until 2018) · Director
Founded in 2013 · 15 FTE (2025)
→
ALMOLU
via Pierre Pirard (at art2work until 2018) · Permanent representative
Founded in 2000 · total assets €2.1m (2025)
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FEDERATION CYCLISTE DE WALLONIE-BRUXELLES
via Pierre Pirard (at art2work until 2018) · Director
Founded in 2001 · total assets €1.4m (2025)
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VITAMINS@WORK
via Schreurs Bert (at art2work until 2025) · Director
Founded in 2022 · total assets €811,019 (2025)
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Pouvoir Organisateur du Parc naturel des deux Ourthes asbl
via Pierre Pirard (at art2work until 2018) · Director
Founded in 2000 · 5.9 FTE (2025)
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D. J. Automotive
via Anissa Benali (at art2work until 2025) · Director
Founded in 2024 · total assets €47,247 (2025)
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Les Amis de Brosella
via Schreurs Bert (at art2work until 2025) · Director general
Founded in 1991 · total assets €19,695 (2025)
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Action Réformatrice Province de Luxembourg
via Pierre Pirard (at art2work until 2018) · Director
Founded in 1999
→
→
Brugse Culinaire Vereniging
via Joris Vandersteene (at art2work until 2023) · Director
Founded in 2024
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EDUCATION UNIVERSELLE EN AFRIQUE - BELGIQUE
via Justin Bindariye (at art2work until 2025) · Director
Founded in 2011
→
European Quarter Area Management Association
via Assal Yassine (at art2work until 2022) · Director
Founded in 2012
→
Grands-Parents pour le Climat
via Gérard Myriam (at art2work, last mentioned in 2019) · Director
Founded in 2016
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Timeline
Deeds, filings and financial milestones
2026
06-03
Gazette deed
1 director appointed, 2 directors resigningResignations: Anne Descheemaeker (director) and Roberta Stebel (verantwoordelijke voor het dagelijks bestuur) · Appointment: Willem Vervaeke (director)7 points ▸
Gazette deed
1 director appointed, 2 directors resigning
Resignations: Anne Descheemaeker (director) and Roberta Stebel (verantwoordelijke voor het dagelijks bestuur) · Appointment: Willem Vervaeke (director)7 points ▸
- General meeting, 25-02-2026
- Director resignation, Anne Descheemaeker
- Director appointment, Willem Vervaeke (director (executive))
- Director resignation, Roberta Stebel (verantwoordelijke voor het dagelijks bestuur)
- Board composition, Quentin David (director)
- Board composition, Arabi Aroug (director)
- Board composition, Tijs de Geyndt (director)
2025
24-12
Gazette deed
Resignation: Peter Jolling (director)Appointment: Tijs de Geyndt (director)7 points ▸
Gazette deed
Resignation: Peter Jolling (director)
Appointment: Tijs de Geyndt (director)7 points ▸
- General meeting, 05-11-2025
- Director resignation, Peter Jolling
- Director appointment, Tijs de Geyndt
- Board composition, Anne Descheemaeker (director)
- Board composition, Quentin David (director)
- Board composition, Arabi Aroug (director)
- Board composition, Tijs de Geyndt (director)
03-10
Gazette deed
3 directors appointed, 5 directors resigningResignations: Yamina El Fahsi, Emilie Anseeuw and 3 others · Appointments: Arabi Aroug, Quentin David and Roberta Stebel12 points ▸
Gazette deed
3 directors appointed, 5 directors resigning
Resignations: Yamina El Fahsi, Emilie Anseeuw and 3 others · Appointments: Arabi Aroug, Quentin David and Roberta Stebel12 points ▸
- General meeting, 11-09-2025
- Director resignation, Yamina El Fahsi
- Director resignation, Emilie Anseeuw
- Director resignation, Justin Bindariye
- Director appointment, Arabi Aroug
- Director appointment, Quentin David
- Board composition, Arabi Aroug (director)
- Board composition, Anne Descheemaeker (director)
- Board composition, Quentin David (director)
- Board composition, Peter Joling (director)
- Director resignation, Drifa Mourade (day-to-day manager)
- Director resignation, Bruno Casabona (day-to-day manager)
- The deed holds 1 more point.
07-08
full format · 7 days late
30-01
Gazette deed
3 directors appointed, 2 directors resigningWithdrawal: Bert Schreurs (member) · Admissions: Roel Forceville, Anne Descheemaeker and 2 others · Resignations: Bert Schreurs (director) and Anissa Benali (director)12 points ▸
Gazette deed
3 directors appointed, 2 directors resigning
Withdrawal: Bert Schreurs (member) · Admissions: Roel Forceville, Anne Descheemaeker and 2 others · Resignations: Bert Schreurs (director) and Anissa Benali (director)12 points ▸
- General meeting, 28-11-2024
- Member resignation, Bert Schreurs
- Member admission, Roel Forceville
- Member admission, Anne Descheemaeker
- Member admission, Justin Bindariye
- Member admission, Peter Joling
- Director resignation, Bert Schreurs
- Director resignation, Anissa Benali
- Director appointment, Anne Descheemaeker
- Director appointment, Justin Bindariye
- Director appointment, Peter Joling
- Board composition, Yamina EI Fahsi (director)
- The deed holds 10 more points.
30-01
Gazette deed
3 directors appointed, 2 directors resigningWithdrawal: Bert Schreurs (member) · Admissions: Roel Forceville, Anne Descheemaeker and 2 others · Resignations: Bert Schreurs (director) and Anissa Benali (director)12 points ▸
Gazette deed
3 directors appointed, 2 directors resigning
Withdrawal: Bert Schreurs (member) · Admissions: Roel Forceville, Anne Descheemaeker and 2 others · Resignations: Bert Schreurs (director) and Anissa Benali (director)12 points ▸
- General meeting, 28-11-2024
- Member resignation, Bert Schreurs
- Member admission, Roel Forceville
- Member admission, Anne Descheemaeker
- Member admission, Justin Bindariye
- Member admission, Peter Joling
- Director resignation, Bert Schreurs
- Director resignation, Anissa Benali
- Director appointment, Anne Descheemaeker
- Director appointment, Justin Bindariye
- Director appointment, Peter Joling
- Board composition, Yamina El Fahsi (director)
- The deed holds 9 more points.
2024
20-09
full format · 51 days late
15-07
Gazette deed
Amendment of the articles · Resignations & appointmentsGeneral meeting of 26-06-20241 point ▸
Gazette deed
Amendment of the articles · Resignations & appointments
General meeting of 26-06-20241 point ▸
- General meeting, 26-06-2024
2023
16-11
Gazette deed
4 directors appointed, 4 directors resigning, 1 director reappointedWithdrawals: Marjan Justaert, Claire Liebmann and 2 others · Admissions: Yamina El Fahsi, Bert Schreurs and 2 others · Resignations: Marjan Justaert, Claire Liebmann and 2 others12 points ▸
Gazette deed
4 directors appointed, 4 directors resigning, 1 director reappointed
Withdrawals: Marjan Justaert, Claire Liebmann and 2 others · Admissions: Yamina El Fahsi, Bert Schreurs and 2 others · Resignations: Marjan Justaert, Claire Liebmann and 2 others12 points ▸
- General meeting, 16-10-2023
- Member resignation, Marjan Justaert (member of the general meeting)
- Member resignation, Claire Liebmann (member of the general meeting)
- Member resignation, Arabi Aroug (member of the general meeting)
- Member resignation, Joris Vandersteene (member of the general meeting)
- Member admission, Yamina El Fahsi (member of the general meeting)
- Member admission, Bert Schreurs (member of the general meeting)
- Member admission, Emilie Anseeuw (member of the general meeting)
- Member admission, Anissa Benali (member of the general meeting)
- Director resignation, Marjan Justaert
- Director resignation, Claire Liebmann
- Director resignation, Arabi Aroug
- The deed holds 12 more points.
04-07
full format · 27 days before the deadline
2022
31-12
Financial
Back to profitnet €105,844
The net result is €105,844, after 2 loss-making years.
22-11
Gazette deed
2 directors appointed, 1 director resigning, 3 directors reappointedWithdrawal: Yassine Assal (member) · Resignation: Yassine Assal (director) · Admissions: Joris Vandersteene (member) and Drifa Mourade (member)12 points ▸
Gazette deed
2 directors appointed, 1 director resigning, 3 directors reappointed
Withdrawal: Yassine Assal (member) · Resignation: Yassine Assal (director) · Admissions: Joris Vandersteene (member) and Drifa Mourade (member)12 points ▸
- General meeting, 11-10-2022
- Member resignation, Yassine Assal
- Director resignation, Yassine Assal
- Member admission, Joris Vandersteene
- Member admission, Drifa Mourade
- Director appointment, Joris Vandersteene
- Director appointment, Drifa Mourade
- Director reappointment, Marjan Justaert
- Director reappointment, Claire Liebmann
- Director reappointment, Arabi Aroug
- Director resignation, Yassine Assal (chair)
- Board composition, Marjan Justaert (director)
- The deed holds 4 more points.
Show earlier events
21-09
full format · 52 days late
2021
31-12
Financial
Weakest financial yearnet -€38,744
The net result drops to -€38,744, the lowest from 2018 to 2024. It recovers the following year.
25-08
full format · 25 days late
2020
26-08
full format · 26 days late
2019
29-07
Gazette deed
4 directors appointed, 5 directors resigning, 4 directors reappointedResignations: Aurore Di Giusto, Kristien De Coster and 3 others · Reappointments: Isabelle Allinckx, Yassine Assal and 2 others · Appointments: Claire Liebmann, Arabi Aroug and 2 others12 points ▸
Gazette deed
4 directors appointed, 5 directors resigning, 4 directors reappointed
Resignations: Aurore Di Giusto, Kristien De Coster and 3 others · Reappointments: Isabelle Allinckx, Yassine Assal and 2 others · Appointments: Claire Liebmann, Arabi Aroug and 2 others12 points ▸
- General meeting, 11-06-2019, mentioned twice in the deed
- Board meeting, 12-09-2018
- Director resignation, Aurore Di Giusto (day-to-day manager)
- General meeting, 25-03-2019
- Director resignation, Kristien De Coster (member and director)
- Director resignation, Pierre Pirard (member and director)
- Director reappointment, Isabelle Allinckx
- Director reappointment, Yassine Assal
- Director reappointment, Myriam Gérard
- Director resignation, Isabelle Allinckx (member and director)
- Director resignation, Myriam Gérard (member and director)
- Director appointment, Claire Liebmann
- The deed holds 9 more points.
10-07
full format · 21 days before the deadline
2018
11-07
Gazette deed
Resignation: Mohamed Ouachen (member and director)2 points ▸
Gazette deed
Resignation: Mohamed Ouachen (member and director)
2 points ▸
- General meeting, 07-05-2018
- Director resignation, Mohamed Ouachen (member and director)
03-05
full format · 89 days before the deadline
2017
12-04
full format · 110 days before the deadline
2016
13-05
Gazette deed
3 directors appointed, 1 director reappointedAppointments: Pierre Pirard, Marjan Justaert and Aurore Di Giusto · Reappointment: Wim Embrechts (day-to-day manager) · “De vereniging heeft als doel het ontwikkelen en beheren van innovatieve en creatieve projecten die moeten…” (deed in Dutch)6 points ▸
Gazette deed
3 directors appointed, 1 director reappointed
Appointments: Pierre Pirard, Marjan Justaert and Aurore Di Giusto · Reappointment: Wim Embrechts (day-to-day manager) · “De vereniging heeft als doel het ontwikkelen en beheren van innovatieve en creatieve projecten die moeten…” (deed in Dutch)6 points ▸
- General meeting, 29-03-2016
- Purpose change, “De vereniging heeft als doel het ontwikkelen en beheren van innovatieve en creatieve projecten die moeten bijdragen tot de emancipatie van Brusselse stadsbewone…” (deed in Dutch)
- Director appointment, Pierre Pirard
- Director appointment, Marjan Justaert
- Director appointment, Aurore Di Giusto (day-to-day manager)
- Director reappointment, Wim Embrechts (day-to-day manager)
07-04
full format · 115 days before the deadline
2015
27-04
Gazette deed
2 directors appointed, 3 directors reappointedAppointments: Assal Yassine (director) and Ouachen Mohamed (director) · Reappointments: Allinckx Isabelle, De Coster Kristien and Gérard Myriam5 points ▸
Gazette deed
2 directors appointed, 3 directors reappointed
Appointments: Assal Yassine (director) and Ouachen Mohamed (director) · Reappointments: Allinckx Isabelle, De Coster Kristien and Gérard Myriam5 points ▸
- Director appointment, Assal Yassine
- Director appointment, Ouachen Mohamed
- Director reappointment, Allinckx Isabelle (director and chair)
- Director reappointment, De Coster Kristien
- Director reappointment, Gérard Myriam
- The deed holds 1 more point.
2012
23-04
Gazette deed
2 directors appointed, 1 director resigningResignation: Smeets Tom (director) · Appointments: Allinckx Isabelle (chair) and Embrechts Wim (day-to-day manager)7 points ▸
Gazette deed
2 directors appointed, 1 director resigning
Resignation: Smeets Tom (director) · Appointments: Allinckx Isabelle (chair) and Embrechts Wim (day-to-day manager)7 points ▸
- General meeting, 12-03-2012
- Director resignation, Smeets Tom
- Board composition, Allinckx Isabelle (chair)
- Board composition, De Coster Kristien (director)
- Board composition, Gérard Myriam (director)
- Director appointment, Allinckx Isabelle (chair)
- Director appointment, Embrechts Wim (day-to-day manager)
2010
22-06
Gazette deed
Resignation: Mastari Saïd (director)Appointment: Gérard Myriam (director)7 points ▸
Gazette deed
Resignation: Mastari Saïd (director)
Appointment: Gérard Myriam (director)7 points ▸
- General meeting, 16-03-2010
- Director resignation, Mastari Saïd
- Director appointment, Gérard Myriam
- Board composition, Allinckx Isabelle (chair)
- Board composition, De Coster Kristien (director)
- Board composition, Smeets Tom (director)
- Board composition, Gérard Myriam (director)
2009
29-07
Gazette deed
2 directors appointed, 1 director resigningResignation: Michel Bindi (director) · Appointments: Isabelle Allinckx (director) and Tom Smeets (director)8 points ▸
Gazette deed
2 directors appointed, 1 director resigning
Resignation: Michel Bindi (director) · Appointments: Isabelle Allinckx (director) and Tom Smeets (director)8 points ▸
- General meeting, 01-04-2009
- Director resignation, Michel Bindi
- Director appointment, Isabelle Allinckx
- Director appointment, Tom Smeets
- Board composition, Saïd Mastari (chair)
- Board composition, Kristien De Coster (director)
- Board composition, Isabelle Allinckx (director)
- Board composition, Tom Smeets (director)
2007
25-07
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.A deed published in both Dutch and French appears here once.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
art2work in Dutch
Enterprise number
0890.801.577
Legal form
Non-profit association
Status
Active, normal situation
Founded
10-07-2007
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Quai du Hainaut 41 à 1080 Bruxelles”
deed of 15-07-2024 (in French)Registered office and establishments
Registered office
Henegouwenkaai 41, 1080 Molenbeek-Saint-Jean, Belgium
Establishment unit
art2work vzw, Henegouwenkaai 41, 1080 Molenbeek-Saint-Jean since 01-11-2007 · unit number 2.166.457.386
Activities
NACEBEL 202594999
Other membership organisations main activity
Codes under NACEBEL 2008
94999
Other membership organisations main activity
Codes under NACEBEL 2003
91330
main activity
Joint committee
329.03 Socio-cultural sector annual accounts 2023
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 15-07-2024 (in French)
“La prestation de services techniques dans le secteur culturel dans l'optique d'acquérir une expérience professionnelle; La prestation de…”
3 activities
- La prestation de services techniques dans le secteur culturel dans l'optique d'acquérir une expérience professionnelle
- La prestation de formation et de coaching et de l'aide psycho-social
- La production et l'organisation des activités socioculturelles
Invoicing and payment
VAT number
BE 0890.801.577
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
Sites & property
Location
Buildings and parcels at the address
Ground area
495 m²
Building footprint
507 m²
Building volume
6,457 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21522B0464/00D004 | Brussels | 495 m² | 1 · 507 m² | 21.4 m · 4 |