ARTAN
ActiveSummary
ARTAN has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160,175 and a net result of €1,356. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 95% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 22-12-2014 Normal situation
- Activity
- Painting of buildings NACE 43341and 3 others
- Establishment unit
- 2.238.226.302 8200 Brugge, since 20-01-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 26-05-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €21,368
- ▼ 62.3%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €1,356
- ▼ 91.6%
- Equity
- €160,175
- ▲ 0.9%
- Total assets
- €167,911
- ▼ 5.7%
- Staff
- 0.2 FTE
- ▼ 75.0%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 15.90, cash €90,882Equity €160,175 (95.4% of total assets)Founded in 2014Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 37% on profitability and 38% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from BART VERBRUGGHE to ARTANChange of role: VERBRUGGHE Bart, from statutory director to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as ARTAN: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €136,000 and €188,000, founded between 2012 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| ARTAN Brugge | €167,911 | €21,368 |
| BM BUILD Sint-Genesius-Rode | €163,358 | €20,471 |
| LAK PAINT HOMES Oostkamp | €169,292 | €20,576 |
| SCHILDER & DECORATIEWERKEN KENNETH GOETHALS Roeselare | €135,898 | €25,283 |
| RONY KING DIENSTENSERVICE Ichtegem | €143,782 | €27,080 |
| DEKIMPE SCHILDER- EN DECORATIEWERKEN Nazareth-De Pinte | €183,776 | €25,880 |
| Schilderwerken De Zitter Ranst | €188,101 | €26,830 |
Key facts about ARTAN
- What is the company number of ARTAN?
- The company number of ARTAN is 0507.623.170. The VAT number is the same number with BE in front: BE 0507.623.170.
- Where is ARTAN based?
- The registered office is at Grote Ede 65, 8200 Brugge.Company details
- What does ARTAN do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of ARTAN?
- The legal form of ARTAN is Private limited company (BV).
- When was ARTAN founded?
- ARTAN was founded on 22-12-2014.
- Is ARTAN still active?
- Yes, ARTAN is an active enterprise in the KBO register.
- How many employees does ARTAN have?
- ARTAN had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ARTAN?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €21,368 and 163 comparable companies (NACE 433). It probably lies between €130,000 and €450,000. It is a rough estimate.
- Is ARTAN profitable?
- In financial year 2025, ARTAN made a profit of €1,356.
- Where can I find the annual accounts of ARTAN?
- ARTAN filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARTAN due?
- ARTAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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