ARTA
ActiveSummary
The computed 12-month bankruptcy probability of ARTA is 4.1% (elevated). The 2024 annual accounts show negative equity (-€8,559) and a net result of -€7,920. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
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Signals
This company filed its last 6 accounts on average 71 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €3,940 | - | €950 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,338 | €794 | €659 | €157 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €711 | €806 | ▲ 13.3% |
| Other operating charges640/8 | - | €318 | €449 | - | €299 | - |
| Gross operating margin9900 | €16,846 | -€3,776 | -€3,261 | -€950 | -€6,652 | ▼ 600% |
| Operating profit (loss)9901 | €14,127 | -€4,888 | -€4,370 | -€1,818 | -€7,756 | ▼ 327% |
| Financial charges65/66B | - | €153 | €186 | €64 | €163 | ▲ 156% |
| Recurring financial charges65 | €162 | €153 | €186 | €64 | €163 | ▲ 156% |
| Profit (loss) for the period before taxes9903 | €13,965 | -€5,041 | -€4,556 | -€1,882 | -€7,920 | ▼ 321% |
| Income taxes67/77 | €1,500 | - | €2,467 | - | - | - |
| Profit (loss) for the period9904 | €12,465 | -€5,041 | -€7,023 | -€1,882 | -€7,920 | ▼ 321% |
| Profit (loss) for the period to be appropriated9905 | €12,465 | -€5,041 | -€7,023 | -€1,882 | -€7,920 | ▼ 321% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,104 | €9,796 | €5,460 | €4,409 | €5,090 | ▲ 15.4% |
| Formation expenses20 | €199 | - | - | - | €790 | - |
| Fixed assets21/28 | €1,469 | €1,658 | €2,421 | €1,553 | €747 | ▼ 51.9% |
| Tangible fixed assets22/27 | €1,469 | €1,658 | €2,421 | €1,553 | €747 | ▼ 51.9% |
| Furniture and vehicles24 | - | €1,658 | €2,421 | €1,553 | €747 | ▼ 51.9% |
| Current assets29/58 | €23,436 | €8,138 | €3,039 | €2,857 | €3,552 | ▲ 24.4% |
| Amounts receivable within one year40/41 | €1,318 | €3,847 | €1,316 | €1,202 | €1,115 | ▼ 7.2% |
| Other amounts receivable41 | - | €3,847 | €1,316 | €1,202 | €1,115 | ▼ 7.2% |
| Cash at bank and in hand54/58 | €22,118 | €4,291 | €1,724 | €1,655 | €2,437 | ▲ 47.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,104 | €9,796 | €5,460 | €4,409 | €5,090 | ▲ 15.4% |
| Equity10/15 | €13,306 | €8,265 | €1,242 | -€640 | -€8,559 | ▼ 1,238% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | €6,200 | - | - | - |
| Share premium1100/10 | - | €6,200 | - | - | - | - |
| Other1109/19 | - | - | €6,200 | - | - | - |
| Profit (loss) carried forward14 | €7,106 | €2,065 | -€4,958 | -€6,840 | -€14,759 | ▼ 116% |
| Amounts payable17/49 | €11,798 | €1,531 | €4,218 | €5,049 | €13,649 | ▲ 170% |
| Amounts payable within one year42/48 | €11,798 | €1,531 | €4,218 | €5,049 | €13,649 | ▲ 170% |
| Trade debts44 | €1,308 | €31 | - | - | - | - |
| Suppliers440/4 | - | €31 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €1,500 | - | - | - | - |
| Taxes450/3 | - | €1,500 | - | - | - | - |
| Other amounts payable47/48 | - | - | €4,218 | €5,049 | €13,649 | ▲ 170% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,465 | -€5,041 | -€7,023 | -€1,882 | -€7,920 | ▼ 321% |
| + Depreciation and write-downs630 | €1,338 | €794 | €659 | €157 | - | - |
| Operating cash flow (approximation) | €13,803 | -€4,247 | -€6,363 | -€1,725 | -€7,920 | ▼ 359% |
| Investment in fixed assets (approximation) | - | -€983 | -€1,422 | €711 | €806 | ▲ 13.3% |
| Change in cash | - | -€17,827 | -€2,567 | -€69 | €782 | ▲ 1,237% |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0133/00S002 | Flanders | 623 m² | 1 · 223 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.