Art4Elements
ActiveSummary
The computed 12-month bankruptcy probability of Art4Elements is 1.6% (moderate). The 2025 annual accounts show negative equity (€-18k) and a net result of €-40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 405 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-81
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 1.76 in 2024; short-term debt: 252.8% and cash: 11.7% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-152.8%
Return on assets
-332.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← 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 · 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 €-18k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
26 d early
2022
53 d late
2021
143 d late
2020
250 d late
2019
81 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€-18k
2024 · €22k
Total assets
€12k▼ 68.8%
2024 · €39k
Net result
€-40k▲ 4.4%
2024 · €-42k
Working capital
€-25k
2024 · €13k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-50k▼ 205%€76k€26k▼ 65.8%€-40k€-40k=
Net result€-54k▼ 210%€68k€19k▼ 71.9%€-42k€-40k▲ 4.4%
Equity€-24k€44k€64k▲ 43.3%€22k▼ 65.9%€-18k
Total assets€107k▲ 24.9%€95k▼ 10.7%€130k▲ 36.4%€39k▼ 70.3%€12k▼ 68.8%
Debt€131k▲ 135%€51k▼ 61.0%€66k▲ 30.4%€17k▼ 74.5%€30k▲ 80.0%
Working capital€82k▲ 219%€41k▼ 49.3%€52k▲ 26.0%€13k▼ 75.3%€-25k
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 €40k in 2025 against €40k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€6k ▼ 28.2%
Current assets
€6k ▼ 80.8%
Key figures and ratios
EBITDA
€-37k▼
2024 · €-37k
Cash flow
€-38k▲
2024 · €-39k
Solvency
-152.8%▼
2024 · 56.2%
Current ratio
0.19▼
2024 · 1.76
Quick ratio
0.17▼
2024 · 1.73
Debt to equity
-1.65▼
2024 · 0.78
ROA
-332.8%▼
2024 · -108.6%
Interest coverage
-198.52▼
2024 · -16.93
Debt ≤ 1 year
€30k▲
2024 · €17k
Income taxes
€150
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €2k | €3k | €2k | ▼ 9.0% |
| Other operating charges640/8 | €449 | €1k | €493 | €731 | €667 | ▼ 8.9% |
| Gross operating margin9900 | €-49k | €78k | €28k | €-36k | €-37k | ▼ 0.9% |
| Operating profit (loss)9901 | €-50k | €76k | €26k | €-40k | €-40k | = |
| Financial income75/76B | €8 | - | - | €0 | - | - |
| Recurring financial income75 | €8 | - | - | €0 | - | - |
| Financial charges65/66B | €3k | €561 | €1k | €2k | €188 | ▼ 91.4% |
| Recurring financial charges65 | €3k | €561 | €1k | €2k | €188 | ▼ 91.4% |
| Profit (loss) for the period before taxes9903 | €-53k | €76k | €25k | €-42k | €-40k | ▲ 4.7% |
| Income taxes67/77 | €820 | €7k | €6k | - | €150 | - |
| Profit (loss) for the period9904 | €-54k | €68k | €19k | €-42k | €-40k | ▲ 4.4% |
| Profit (loss) for the period to be appropriated9905 | €-54k | €68k | €19k | €-42k | €-40k | ▲ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107k | €95k | €130k | €39k | €12k | ▼ 68.8% |
| Fixed assets21/28 | €4k | €3k | €12k | €9k | €6k | ▼ 28.2% |
| Tangible fixed assets22/27 | €3k | €2k | €11k | €8k | €5k | ▼ 31.2% |
| Plant, machinery and equipment23 | €3k | €2k | €11k | €8k | €5k | ▼ 31.2% |
| Financial fixed assets28 | €850 | €850 | €850 | €850 | €850 | = |
| Current assets29/58 | €103k | €92k | €119k | €30k | €6k | ▼ 80.8% |
| Stocks and contracts in progress3 | €500 | €500 | €500 | €500 | €500 | = |
| Stocks30/36 | €500 | €500 | €500 | €500 | €500 | = |
| Amounts receivable within one year40/41 | €73k | €18k | €65k | €2k | €4k | ▲ 56.3% |
| Trade receivables40 | €50k | €11k | €36k | €2k | - | - |
| Other amounts receivable41 | €23k | €7k | €28k | €698 | €4k | ▲ 432% |
| Cash at bank and in hand54/58 | €29k | €73k | €53k | €27k | €1k | ▼ 94.8% |
| Deferred charges and accrued income490/1 | €333 | €369 | €517 | €102 | €111 | ▲ 8.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107k | €95k | €130k | €39k | €12k | ▼ 68.8% |
| Equity10/15 | €-24k | €44k | €64k | €22k | €-18k | ▼ 185% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-32k | €36k | €56k | €14k | €-26k | ▼ 294% |
| Amounts payable17/49 | €131k | €51k | €66k | €17k | €30k | ▲ 80.0% |
| Amounts payable within one year42/48 | €21k | €51k | €66k | €17k | €30k | ▲ 80.0% |
| Trade debts44 | €9k | €39k | €42k | €755 | €30k | ▲ 3,894% |
| Suppliers440/4 | €9k | €39k | €42k | €755 | €30k | ▲ 3,894% |
| Taxes, remuneration and social security45 | €4k | €11k | €24k | €6k | €307 | ▼ 94.8% |
| Taxes450/3 | - | €7k | €23k | €6k | €307 | ▼ 94.8% |
| Remuneration and social security454/9 | €4k | €4k | €965 | - | - | - |
| Other amounts payable47/48 | €8k | - | - | €10k | - | - |
| Accrued charges and deferred income492/3 | €110k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-54k | €68k | €19k | €-42k | €-40k | ▲ 4.4% |
| + Depreciation and write-downs630 | €1k | €1k | €2k | €3k | €2k | ▼ 9.0% |
| Operating cash flow (approximation) | €-53k | €69k | €21k | €-39k | €-38k | ▲ 4.1% |
| Investment in fixed assets (approximation) | - | €0 | €-10k | €0 | €0 | - |
| Change in cash | - | €45k | €-21k | €-26k | €-25k | ▲ 1.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Back to profitnet €68k
Net result €68k after 2 loss-making years.
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 143 days late
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 250 days late
2021
31-12
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 4.88
Current ratio from 1.46 to 4.88; short-term debt falls from €56k to €21k.
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 366 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Mol · 1 establishment unit since 2014
Ground area
2,776 m²
Building footprint
165 m²
Volume, LiDAR
1,222 m³
Parcel 13025G0680/00C008, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Art4Elements
since 20142.226.604.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0680/00C008 | Flanders | 2,776 m² | 1 · 165 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NDCM
BE 0665.773.356
Châtelet · Eq €20,819
DESIGN GRID
BE 0670.427.475
Kruisem · Eq €23,332
vormen
BE 0744.366.419
Elsene · Eq €19,932
MJ WOOD MENUISERIE
BE 1002.643.567
Somme-Leuze · Eq €23,685
ARTELIOR
BE 1006.684.509
Grimbergen · Eq €23,707
Of 446 companies in sector 31001 we hold annual accounts for 208. 115 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
31001Manufacture of furniture
47551Retail sale of household furniture
90120Visual arts creation
Scores and ratios are computed by Checked and are not a credit decision.