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ARTE

Active
Public limited companyfounded 199234 yrs activeGebanne-Groezenstraat 83A, 3500 Hasselt, BelgiumKBO/BCE: BE 0448.231.951
Summary

The computed 12-month bankruptcy probability of ARTE is 3.8% (moderate). For ARTE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €476,129 and a net result of €70,217. Equity is growing by ~14.1% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€130,208turnover 2023
Equity
€476,129
Profit
€70,217
Financial health
Bankruptcy chance 12 m
3.8%
2023 figures too old to score
Structure
Accounts 430 d overdue0 of 4 deeds read
Signals- Figures for FY 2023 (filed 01-05-2025)- 2 financial years not filed after the legal deadline; latest accounts 272 days late; 3 of the last 3 late- Two or more financial years not filed- Filed more than 90 days late+ Size: turnover €130,208, total assets €905,456+ Founded in 1992Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 78+10
equity 52.6% of total assets
Liquidity 42-9
short-term debt 27.8% · cash 2.3%
Profitability 86+16
return on assets 7.8%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.0% 12-2024: 1.3%▲ +37.2% vs 11-2024 01-2025: 2.9%▲ +123% vs 12-2024 02-2025: 2.9%● 0.0% vs 01-2025 03-2025: 3.0%▲ +2.0% vs 02-2025 04-2025: 2.8%▼ -5.1% vs 03-2025 05-2025: 2.8%● 0.0% vs 04-2025 06-2025: 0.6%▼ -80.3% vs 05-2025lowest value 07-2025: 0.7%▲ +24.2% vs 06-2025 08-2025: 0.9%▲ +22.7% vs 07-2025 09-2025: 1.0%▲ +12.2% vs 08-2025 10-2025: 1.4%▲ +50.3% vs 09-2025 11-2025: 1.5%▲ +4.6% vs 10-2025 12-2025: 1.9%▲ +24.8% vs 11-2025 01-2026: 3.5%▲ +88.6% vs 12-2025 02-2026: 3.5%● 0.0% vs 01-2026 03-2026: 3.6%▲ +1.6% vs 02-2026 04-2026: 3.4%▼ -4.9% vs 03-2026 05-2026: 3.4%● 0.0% vs 04-2026 06-2026: 3.4%● 0.0% vs 05-2026 07-2026: 3.4%● 0.0% vs 06-2026 08-2026: 3.8%▲ +11.4% vs 07-2026highest value 09-2026: 3.8%● 0.0% vs 08-2026highest value 10-2026: 3.8%● 0.0% vs 09-2026highest value
  • Figures for FY 2023 (filed 01-05-2025) raises the probability
  • Size: turnover €130,208, total assets €905,456 lowers the probability for this profile
  • 2 financial years not filed after the legal deadline; latest accounts 272 days late; 3 of the last 3 late raises the probability
  • Founded in 1992 lowers the probability for this profile
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Figures for FY 2023 (filed 01-05-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €130,208, total assets €905,456
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 272 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 1992
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline04-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-04-2025, 272 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
272 d late
2022
130 d late
2020
152 d late
2019
153 d late
2018
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 154 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2023 · abbreviated…
  2. Highest result since 2018net €70,217 ▲783%
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 430 d late View
  • Positive: Result rose in 2023from €7,951 to €70,217 ▲ 783% View
  • Positive: 5 profitable years in a rowprofit 2023: €70,217 5 years View

By topic

Financials

Fiscal year
2023
Turnover
€130,208
Profit
€70,217
Solvency
52.6%
Turnover▲ 105%
Net result
20182023
Go to Financials

Timeline

Events
13
Since
2016
  1. 29-04-2025Annual accounts filed
  2. 31-12-2023Highest result since 2018
  3. 08-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
11-09-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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