Artchoc
ActiveThe computed 12-month bankruptcy probability of Artchoc is 1.5% (moderate). The 2024 annual accounts show equity of €79k and a net result of €30k. Equity is growing by ~58.7% per year across the filed fiscal years. Its solvency ranks better than 77% of 18940 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▲+18
Solvency86▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.57 against 1.72 in 2023; short-term debt: 34.7% and cash: 6.1% of total assets), and 38.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
44 d early
2022
46 d early
2021
48 d early
2020
43 d early
2019
89 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€79k▲ 60.6%
2023 · €49k
2018: €-96k
2019: €-70k
2020: €-51k
2021: €-16k
2022: €30k
2023: €49k
2018 → 2024
Total assets
€128k▲ 5.8%
2023 · €121k
2018: €65k
2019: €38k
2020: €32k
2021: €39k
2022: €102k
2023: €121k
2018 → 2024
Net result
€30k▲ 52.0%
2023 · €20k
2018: €-29k
2019: €27k
2020: €19k
2021: €34k
2022: €46k
2023: €20k
2018 → 2024
Working capital
€70k▲ 60.5%
2023 · €43k
2018: €-116k
2019: €-85k
2020: €-63k
2021: €-30k
2022: €24k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-51k-€-16k▲ 67.5%€30k€49k▲ 64.9%€79k▲ 60.6%
Operating result€39k-€46k▲ 17.8%€90k▲ 94.4%€28k▼ 68.5%€37k▲ 29.5%
Net result€19k-€34k▲ 77.3%€46k▲ 35.2%€20k▼ 56.5%€30k▲ 52.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 30% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128k
Fixed assets
€14k▼ 19.2%
Current assets
€114k▲ 10.0%
Equity and liabilities €128k
Equity
€79k▲ 60.6%
Debt
€50k▼ 31.2%
The debt ratio falls from 59.7% to 38.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2023 · €32k
Cash flow
€36k▲
2023 · €24k
Solvency
61.2%▲
2023 · 40.3%
Current ratio
2.57▲
2023 · 1.72
Quick ratio
2.55▲
2023 · 1.71
Debt / equity
0.63▼
2023 · 1.48
ROE
38.8%▼
2023 · 41.0%
ROA
23.7%▲
2023 · 16.5%
Interest coverage
11.11▲
2023 · 4.84
Debt
€50k▼
2023 · €72k
Debt ≤ 1 year
€45k▼
2023 · €60k
Debt > 1 year
€5k▼
2023 · €12k
Income taxes
€9k▲
2023 · €6k
Staff costs
€22k▲
2023 · €20k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€121k€128k▲
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€12k€9k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€8k€5k▼
Financial fixed assets28€5k€5k=
Current assets29/58€104k€114k▲
Stocks and contracts in progress3€600€600=
Stocks30/36€600€600=
Amounts receivable within one year40/41€98k€105k▲
Trade receivables40€968-
Other amounts receivable41€97k€105k▲
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€754€859▲
Equity and liabilities
Total equity and liabilities10/49€121k€128k▲
Equity10/15€49k€79k▲
Contributions10/11€20k€20k=
Reserves13€29k€59k▲
Distributable reserves133€29k€59k▲
Amounts payable17/49€72k€50k▼
Amounts payable after more than one year17€12k€5k▼
Financial debts170/4€12k€5k▼
Amounts payable within one year42/48€60k€45k▼
Current portion of amounts payable after more than one year42€19k€7k▼
Financial debts43€10k€12k▲
Credit institutions430/8€10k€12k▲
Trade debts44€12k€9k▼
Suppliers440/4€12k€9k▼
Advances received on contracts in progress46€7k€3k▼
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€8k€12k▲
Remuneration and social security454/9€5k€1k▼
Other amounts payable47/48€800€833▲
Income statement
Code20232024
Remuneration, social security and pensions62€20k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€440
Gross operating margin9900€55k€68k▲
Operating profit (loss)9901€28k€37k▲
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€26k€39k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€20k€30k▲
Profit (loss) for the period to be appropriated9905€20k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€30k▲
Transfer to equity691/2€19k€30k▲
To other reserves6921€19k€30k▲
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €46k ▲35.2%
Operating result €90k, net result €46k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.39
Current ratio from 0.38 to 1.39.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 148 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Registered office, Hasselt · 1 establishment unit since 2010
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.
Ridder Portmansstraat 83500 HasseltGround area
121 m²
Building footprint
79 m²
Volume, LiDAR
764 m³
Parcel 71022H0965/00C002, Flanders · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ArtChoc
since 20102.189.305.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0965/00C002 | Flanders | 121 m² | 1 · 79 m² | 12.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.189.305.341
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,774 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.