ARTE
The computed 12-month bankruptcy probability of ARTE is 0.8% (low). The 2023 annual accounts show equity of €476k and a net result of €70k. 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.
| Equity | €476k |
| Net result | €70k |
| Active | 33 yrs |
| Board | 2 |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | €130k |
| EBITDA | €122k |
| Net profit | €70k |
| Cash flow | €105k |
| Staff costs | - |
| Income taxes | €17k |
| Dividends | - |
| Total assets | €905k |
| Equity | €476k |
| Debt | €429k |
| of which ≤ 1y | €251k |
| of which > 1y | €178k |
| Working capital | €-35k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.86 |
| Quick ratio | 0.86 |
| Working capital ratio | -3.9% |
| Solvency | 52.6% |
| Debt / equity | 0.90 |
| Long-term debt ratio | 0.37 |
| Interest coverage | 18.98 |
| Gross margin | - |
| Net margin | 53.9% |
| ROA | 7.8% |
| ROE | 14.7% |
| EBITDA margin | 93.6% |
| Days sales outstanding | 11d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €905k |
| Fixed assets | 21/28 | €689k |
| Tangible fixed assets | 22/27 | €689k |
| Current assets | 29/58 | €216k |
| Amounts receivable within one year | 40/41 | €195k |
| Cash & bank | 54/58 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €905k |
| Equity | 10/15 | €476k |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €415k |
| Amounts payable | 17/49 | €429k |
| Amounts payable after one year | 17 | €178k |
| Amounts payable within one year | 42/48 | €251k |
| Trade debts payable within one year | 44 | €23k |
| Income statement | ||
| Turnover | 70 | €130k |
| Gross operating margin | 9900 | €124k |
| Operating result | 9901 | €87k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €87k |
| Income taxes | 67/77 | €17k |
| Net result for the period | 9904 | €70k |
| Result to be appropriated | 9905 | €70k |
-
Current29-12-2017 → present
5 events
- 22-09-2025 Mandate renewed· Director
- 29-12-2017 Resigned· Director
- 29-12-2017 Appointed· Director
- 29-12-2017 Appointed· Managing director
- 16-05-2017 Appointed· Managing director
-
Current29-12-2017 → present
5 events
- 22-09-2025 Mandate renewed· Director
- 29-12-2017 Resigned· Managing director
- 29-12-2017 Appointed· Director
- 29-12-2017 Appointed· Managing director
- 16-05-2017 Appointed· Managing director
Historic, not recently confirmed (2)
-
Not recently confirmedlast confirmed in an act from 2015
-
Not recently confirmedlast confirmed in an act from 2015
Former directors (1)
-
Former- → 29-12-2017
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 11-09-1992 |
| Status | Active |
| Postal code | 3500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0584/00K004 | Flanders | 809 m² | 1 · 190 m² | 7.1 m · 2 fl. |
| 71016I0589/00F000 | Flanders | 153 m² | 1 · 153 m² | 21.0 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-12-2025 2 reappointed
- Sibylle Tilliard, Bestuurder
- Raf Tilliard, Bestuurder
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Sibylle Tilliard",
"address": null,
"birth_date": null
},
"effective_date": "2025-09-22",
"evidence_quote": "De algemene vergadering van aandeelhouders heeft op 22 september 2025 eenparig besloten mevrouw Sibylle Tilliard wonende te GebanneGroezenstraat 83A, 3500 Hasselt en de heer Raf Tilliard, wonende te Luikersteenweg 14,3500 Hasselt, te herbenoemen als bestuurders van de vennootschap, ieder voor een ni"
},
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Raf Tilliard",
"address": null,
"birth_date": null
},
"effective_date": "2025-09-22",
"evidence_quote": "De algemene vergadering van aandeelhouders heeft op 22 september 2025 eenparig besloten mevrouw Sibylle Tilliard wonende te GebanneGroezenstraat 83A, 3500 Hasselt en de heer Raf Tilliard, wonende te Luikersteenweg 14,3500 Hasselt, te herbenoemen als bestuurders van de vennootschap, ieder voor een ni"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0448.231.951",
"name_full": "ARTE",
"legal_form": "NV"
}
}24-01-2018 Registered office moved from Genk to Hasselt
- Europalaan 68, 3600 Genk → Gebanne-Groezenstraat 83, 3500 Hasselt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Hasselt",
"region": "Vlaams Gewest",
"street": "Gebanne-Groezenstraat",
"country": "BE",
"postcode": "3500",
"box_number": "A",
"street_number": "83"
},
"old_address": {
"city": "Genk",
"region": "Vlaams Gewest",
"street": "Europalaan",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "68"
},
"effective_date": "2017-12-29",
"evidence_quote": "TWEEDE BESLUIT: De vergadering besluit de zetel van de vennootschap te wijzigen van 3600 Genk, Europalaan 68 naar 3500 Hasselt, Gebanne-Groezenstraat 83 A."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0448.231.951",
"name_full": "ARTE",
"legal_form": "NV"
}
}08-06-2017 2 directors appointed
- TILLIARD Raf, Gedelegeerd bestuurder
- TILLIARD Sibylle, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "TILLIARD Raf",
"address": null,
"birth_date": null
},
"effective_date": "2017-05-16",
"evidence_quote": "De Raad van Bestuur beslist om met ingang vanaf heden als gedelegeerde bestuurders van de vennootschap aan te stellen: 1/ de heer TILLIARD Raf, geboren te Hasselt op 3 oktober 1970, wonende te 3500 Hasselt, Luikersteenweg"
},
{
"kind": "director_in",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "TILLIARD Sibylle",
"address": null,
"birth_date": null
},
"effective_date": "2017-05-16",
"evidence_quote": "De Raad van Bestuur beslist om met ingang vanaf heden als gedelegeerde bestuurders van de vennootschap aan te stellen: 2/ mevrouw TILLIARD Sibylle, geboren te Hasselt op 13 april 1966, wonende te 3500 Hasselt, Gebanne-Groezenstraat 83A."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0448.231.951",
"name_full": "ARTE",
"legal_form": "NV"
}
}30-01-2015 1 director appointed, 1 reappointed
- LAMBRECHTS Joris Godelieve Maria Isabella, Bestuurder
- TILLIARD, Raf Ivo Roger, Bestuurder
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "TILLIARD, Raf Ivo Roger",
"address": null,
"birth_date": null
},
"evidence_quote": "De vergadering herbenoemt als bestuurder, voor een duur van zes jaar, de heer TILLIARD, Raf Ivo Roger"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "LAMBRECHTS Joris Godelieve Maria Isabella",
"address": null,
"birth_date": null
},
"evidence_quote": "benoemd als bestuurder, eveneens voor een duur van zes jaar de heer LAMBRECHTS Joris Godelieve Maria Isabella"
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0448.231.951",
"name_full": "ARTE",
"legal_form": "NV"
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ARTE |