Artdependence
Open bankruptcyA bankruptcy procedure is open for Artdependence according to publications in the Belgian State Gazette; curator: KATRIEN TEUGHELS.
Summary
The 2022 annual accounts show equity of €35,830 and a net result of -€4,940.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 10 April 2025
- Supervising judge
- Mario De Brie
- Official Gazette
- 16-04-2025 (pdf) ↗search the document for 2025/116490
Deadlines
- Provisional date payments stopped
- 10 April 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 1 May 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 May 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 6 June 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 10 April 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Katrien TeughelsCoremansstraat 14A, 2600 Berchem (Antwerpen)info@teughels-law.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-09-2023, 44 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
44 d late
2021
269 d late
2020
89 d late
2019
454 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 214 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Publishing activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
€35,830▼ 12.1%
2021 · €40,771
Total assets
€92,038▲ 58.5%
2021 · €58,069
Net result
-€4,940
2021 · €984
Working capital
€35,830▼ 12.1%
2021 · €40,771
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€4,218--€6,596▼ 56.4%-€1,639▲ 75.2%€1,041-€4,110
Net result-€4,289--€6,601▼ 53.9%-€1,656within the sector's middle half▲ 74.9%€984below the sector's middle half-€4,940within the sector's middle half
Equity€48,044-€41,443▼ 13.7%€39,787below the sector's middle half▼ 4.0%€40,771below the sector's middle half▲ 2.5%€35,830below the sector's middle half▼ 12.1%
Total assets€51,590-€49,577▼ 3.9%€50,386below the sector's middle half▲ 1.6%€58,069below the sector's middle half▲ 15.2%€92,038below the sector's middle half▲ 58.5%
Debt€3,546-€8,134▲ 129%€10,599▲ 30.3%€17,298▲ 63.2%€56,208▲ 225%
Working capital€48,044-€41,443▼ 13.7%€39,787▼ 4.0%€40,771▲ 2.5%€35,830▼ 12.1%
Solvency93.1%-83.6%▼ 9.5pp79.0%above the sector's middle half▼ 4.6pp70.2%above the sector's middle half▼ 8.8pp38.9%within the sector's middle half▼ 31.3pp
above
within
below
the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €4,110 after €1,041 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €92,038
Equity
€35,830 ▼ 12.1%
Debt
€56,208 ▲ 225%
Debt's share of the balance-sheet total rises from 29.8% to 61.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.64▼
2021 · 3.36
Debt to equity
1.57▲
2021 · 0.42
ROE
-13.8%▼
2021 · 2.4%
ROA
-5.4%▼
2021 · 1.7%
Debt ≤ 1 year
€56,208▲
2021 · €17,298
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €241 | €220 | ▼ 8.5% |
| Gross operating margin9900 | -€3,778 | -€6,090 | -€1,639 | €1,282 | -€3,890 | ▼ 403% |
| Operating profit (loss)9901 | -€4,218 | -€6,596 | -€1,639 | €1,041 | -€4,110 | ▼ 495% |
| Financial income75/76B | - | - | - | - | €20 | - |
| Recurring financial income75 | €3 | €61 | - | - | €20 | - |
| Financial charges65/66B | - | - | - | €57 | €851 | ▲ 1,396% |
| Recurring financial charges65 | €74 | €67 | €18 | €57 | €851 | ▲ 1,396% |
| Profit (loss) for the period before taxes9903 | -€4,289 | -€6,601 | -€1,656 | €984 | -€4,940 | ▼ 602% |
| Profit (loss) for the period9904 | -€4,289 | -€6,601 | -€1,656 | €984 | -€4,940 | ▼ 602% |
| Profit (loss) for the period to be appropriated9905 | -€4,289 | -€6,601 | -€1,656 | €984 | -€4,940 | ▼ 602% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,590 | €49,577 | €50,386 | €58,069 | €92,038 | ▲ 58.5% |
| Current assets29/58 | €51,590 | €49,577 | €50,386 | €58,069 | €92,038 | ▲ 58.5% |
| Amounts receivable within one year40/41 | €14,963 | €34,360 | €44,903 | €46,904 | €77,982 | ▲ 66.3% |
| Other amounts receivable41 | - | - | - | €46,904 | €77,982 | ▲ 66.3% |
| Current investments50/53 | - | €5,393 | €5,393 | €5,393 | €5,393 | = |
| Cash at bank and in hand54/58 | €36,626 | €9,823 | €89 | €4,872 | €8,663 | ▲ 77.8% |
| Deferred charges and accrued income490/1 | - | - | - | €900 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,590 | €49,577 | €50,386 | €58,069 | €92,038 | ▲ 58.5% |
| Equity10/15 | €48,044 | €41,443 | €39,787 | €40,771 | €35,830 | ▼ 12.1% |
| Contributions10/11 | €84,480 | €84,480 | - | €84,480 | €84,480 | = |
| Outside capital11 | - | - | - | €84,480 | €84,480 | = |
| Other1109/19 | - | - | - | €84,480 | €84,480 | = |
| Profit (loss) carried forward14 | -€36,436 | -€43,037 | -€44,693 | -€43,709 | -€48,650 | ▼ 11.3% |
| Amounts payable17/49 | €3,546 | €8,134 | €10,599 | €17,298 | €56,208 | ▲ 225% |
| Amounts payable within one year42/48 | €3,546 | €8,134 | €10,599 | €17,298 | €56,208 | ▲ 225% |
| Trade debts44 | €2,215 | €6,783 | €9,931 | €6,260 | €39,447 | ▲ 530% |
| Suppliers440/4 | - | - | - | €6,260 | €39,447 | ▲ 530% |
| Taxes, remuneration and social security45 | - | - | - | €3,038 | €8,760 | ▲ 188% |
| Taxes450/3 | - | - | - | €3,038 | €8,760 | ▲ 188% |
| Other amounts payable47/48 | - | - | - | €8,000 | €8,000 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,289 | -€6,601 | -€1,656 | €984 | -€4,940 | ▼ 602% |
| Operating cash flow (approximation) | -€4,289 | -€6,601 | -€1,656 | €984 | -€4,940 | ▼ 602% |
| Change in cash | - | -€26,803 | -€9,734 | €4,783 | €3,791 | ▼ 20.7% |
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
2025
16-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 10-04-2025
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 44 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 269 days late
2021
31-12
Financial
Back to profitnet €984
Net result €984 after 3 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 454 days late
2019
31-12
Financial
Weakest financial yearnet -€6,601
Net result drops to -€6,601, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
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.
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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, Antwerpen · 1 establishment unit since 2016
Ground area
127 m²
Building footprint
119 m²
Volume, LiDAR
1,253 m³
Parcel 11804D0609/00C000, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Artdependence
since 20162.260.285.486
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0609/00C000 | Flanders | 127 m² | 1 · 119 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KATRIEN TEUGHELS COREMANSSTRAAT 14A,
2600 BERCHEM (ANTWERPEN) |
10-04-2025 → present |
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Of 500 companies in sector 58130 we hold annual accounts for 248. 153 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
58130Publishing activities
58290Other software publishing
82300Organisation of conventions and trade shows
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.