ARTANI
InactiveARTANI was declared bankrupt on 28-10-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 10-09-2024, published in the Belgian State Gazette on 16-09-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 21-09-2018, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Equity
€17k▼ 0.1%
2016 · €17k
2014: €12k
2015: €19k
2016: €17k
2014 → 2017
Total assets
€43k▲ 18.4%
2016 · €36k
2014: €18k
2015: €46k
2016: €36k
2014 → 2017
Net result
€-19▲ 98.9%
2016 · €-2k
2014: €6k
2015: €6k
2016: €-2k
2014 → 2017
Working capital
€21k▼ 23.4%
2016 · €27k
2014: €12k
2015: €35k
2016: €27k
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2014201520162017Trend
Equity€12k-€19k▲ 51.0%€17k▼ 9.3%€17k▼ 0.1%
Operating result€9k-€8k▼ 2.4%€-205€-2k▼ 660%
Net result€6k-€6k▲ 3.1%€-2k€-19▲ 98.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2017 against €205 in 2016; the loss grows and 2017 has the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €43k
Fixed assets
€150▼ 57.2%
Current assets
€43k▲ 19.2%
Equity and liabilities €43k
Equity
€17k▼ 0.1%
Debt
€26k▲ 34.3%
The debt ratio rises from 53.8% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▼
2016 · €148
Cash flow
€183▲
2016 · €-1k
Solvency
39.0%▼
2016 · 46.2%
Current ratio
1.91▼
2016 · 3.89
Quick ratio
1.91▼
2016 · 3.89
Debt / equity
0.23▼
2016 · 0.61
ROE
-0.1%▲
2016 · -10.3%
ROA
0.0%▲
2016 · -4.7%
Debt
€26k▲
2016 · €20k
Debt ≤ 1 year
€22k▲
2016 · €9k
Debt > 1 year
€4k▼
2016 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€36k€43k▲
Fixed assets21/28€352€150▼
Tangible fixed assets22/27€352€150▼
Current assets29/58€36k€43k▲
Amounts receivable within one year40/41€36k€40k▲
Cash at bank and in hand54/58€4€1▼
Equity and liabilities
Total equity and liabilities10/49€36k€43k▲
Equity10/15€17k€17k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Profit (loss) carried forward14€9k€9k▼
Amounts payable17/49€20k€26k▲
Amounts payable after more than one year17€10k€4k▼
Amounts payable within one year42/48€9k€22k▲
Trade debts44€200€1k▲
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€353€201▼
Gross operating margin9900€521€-1k▼
Operating profit (loss)9901€-205€-2k▼
Recurring financial income75-€3k
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-2k€-19▲
Profit (loss) for the period9904€-2k€-19▲
Profit (loss) for the period to be appropriated9905€-2k€-19▲
Timeline · acts, filings and financial milestones
2024
16-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ARTANI BV VAN DE REYDTLAAN 22, 2960 BRECHT · event 10-09-2024
2021
05-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ARTANI BV VAN DE REYDT- LAAN 22, 2960 BRECHT · event 28-10-2021
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 87 days late
2016
31-12
Financial
Weakest financial yearnet €-2k ▼128%
Net result drops to €-2k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-12
Financial
Highest result since 2014net €6k ▲3.1%
Net result €6k, the highest in the series.
08-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 8 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIP RAUTER KAPUCINESSENSTRAAT 13,
2000 ANTWERPEN 1 |
28-10-2021 → present |