Equity
-€72,986
Debts exceed assets in financial year 2025.
ArtCrush
Lifetime
3 annual accounts with figures on one time axispeak -€103,228 (2023)
-€202,550▲ €74,505
lowest -€296,523 (2024)
-€229,004▲ €67,520
peak €156,017 (2024)
-€72,986▼ €229,004
€187,444▲ 655%
Board2 names since 2022
1 director
Documentsfilings and deeds
29-08-202629 days late
2025abbreviated format
Gross margin from -€277,054 to -€202,550Loss of €229,004Capital increase of €500,000 to €561,500 27-01Equity from €156,017 to -€72,986Debts from €24,815 to €187,444Cash from €22,918 to €15,577
Key points
from the 2025 annual accountsLosses
-€634,486 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€187,444 164% of the balance sheet
Suppliers 13%Taxes and wages 5%Other 83%
Of this, €185,238 falls due within a year.
Investments
€73,209 12.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.15 was 22.53 in 2024
Short-term debts rose from €2,765 to €185,238.
Position in the sector
-€229,004
Lower net result than 95% of companies in retail trade. Sector median €27,404 · 12,850 companies.
2025 accounts filed 29 days after the deadlineTurnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as ArtCrush has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for ArtCrush. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
- 813,000 sharesdeed of 27-01-2025
- 8 sharesdeed of 27-01-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0788688984
Capital increase of €500,000 to €561,500
Capital from €61,500 to €561,500, 813,008 new shares · Contributions: (€499,995, 813,000 shares); (€5, 8 shares) · General meeting of 14-01-2025 · Gazette deed
Incorporation
Founding capital of €61,500, 100,000 shares · Founders: and · Appointments: (director) and (director) · published on 20-07-2022 · Gazette deed
First establishment
Atomiumsquare 1, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ArtCrush Brussels | €114,458 | -€202,550 | -63.8% | - |
| Cabinetto Geel | €118,361 | -€21,604 | -159.6% | - |
| BIGGIES SOCKS Namur | €105,432 | -€22,256 | -95.2% | - |
| SG GROUP Liège | €121,181 | -€87,091 | -112.9% | - |
| Pinjo Antwerp | €105,370 | -€23,847 | -184.5% | - |
| EUPHORIA Antwerp | €97,833 | -€1,210 | -227.3% | - |
| DH Marketing Tremelo | €102,372 | €521 | 19.6% | - |
These companies have the same main activity as ArtCrush: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €97,800 and €121,000, founded in 2022.
Official details
Source: KBO- Status
- Active since 18-07-2022Normal situation
- Activity
- Other non-specialised retail saleNACE 47120and 2 others
- Establishment unit
- 2.333.476.2431020 Brussels, since 18-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Insights on ArtCrush
ArtCrush files the abbreviated format. That format states no turnover. The gross margin fell from -€103,228 in 2023 to -€202,550 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ArtCrush
- What is the company number of ArtCrush?
- The company number of ArtCrush is 0788.688.984. The VAT number is the same number with BE in front: BE 0788.688.984.
- Where is ArtCrush based?
- The registered office is at Atomiumsquare 1 - BP380, 1020 Brussels.Company details
- What does ArtCrush do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of ArtCrush?
- ArtCrush is a public limited company (NV).
- When was ArtCrush founded?
- ArtCrush was founded on 18-07-2022.
- Is ArtCrush still active?
- Yes, ArtCrush is an active enterprise in the KBO register.
- What is the turnover of ArtCrush?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is ArtCrush profitable?
- In financial year 2025, ArtCrush made a loss of €229,004.
- Where can I find the annual accounts of ArtCrush?
- ArtCrush filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ArtCrush due?
- ArtCrush must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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