ARTE
ActiveSummary
ARTE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,281 and a net result of €1,074. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 4716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-12
Solvency78▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.4 in 2024; short-term debt: 46.5% and cash: 24% of total assets), and 46.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.5%
Return on assets
3.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
3 d early
2023
7 d early
2022
45 d early
2021
39 d early
2020
45 d early
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€15,281▲ 1.6%
2024 · €15,040
Total assets
€28,566▼ 0.4%
2024 · €28,670
Net result
€1,074▼ 70.7%
2024 · €3,669
Working capital
€6,057▲ 11.1%
2024 · €5,453
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service 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
Line20212022202320242025
Operating result€4,974▼ 76.8%€1,906▼ 61.7%€1,993▲ 4.6%€4,351▲ 118%€2,287▼ 47.4%
Net result€4,498within the sector's middle half▼ 78.7%€1,682within the sector's middle half▼ 62.6%€2,026within the sector's middle half▲ 20.5%€3,669within the sector's middle half▲ 81.1%€1,074within the sector's middle half▼ 70.7%
Equity€8,496within the sector's middle half▲ 113%€10,177within the sector's middle half▲ 19.8%€12,203within the sector's middle half▲ 19.9%€15,040within the sector's middle half▲ 23.2%€15,281within the sector's middle half▲ 1.6%
Total assets€29,986within the sector's middle half▲ 27.2%€29,830within the sector's middle half▼ 0.5%€30,622within the sector's middle half▲ 2.7%€28,670within the sector's middle half▼ 6.4%€28,566within the sector's middle half▼ 0.4%
Debt€21,490▲ 9.8%€19,653▼ 8.5%€18,419▼ 6.3%€13,630▼ 26.0%€13,285▼ 2.5%
Working capital-€457within the sector's middle half▲ 67.7%-€732within the sector's middle half▼ 60.0%€417within the sector's middle half€5,453within the sector's middle half▲ 1,207%€6,057within the sector's middle half▲ 11.1%
Solvency28.3%within the sector's middle half▲ 11.4pp34.1%within the sector's middle half▲ 5.8pp39.9%within the sector's middle half▲ 5.7pp52.5%within the sector's middle half▲ 12.6pp53.5%within the sector's middle half▲ 1.0pp
Current ratio0.98within the sector's middle half▲ 0.050.96within the sector's middle half▼ 0.021.02within the sector's middle half▲ 0.061.40within the sector's middle half▲ 0.381.46within the sector's middle half▲ 0.06
Return on assets (ROA)15.0%within the sector's middle half▼ 74.8pp5.6%within the sector's middle half▼ 9.4pp6.6%within the sector's middle half▲ 1.0pp12.8%within the sector's middle half▲ 6.2pp3.8%within the sector's middle half▼ 9.0pp
Staff (FTE)1.9▼ 9.5%2▲ 5.3%1.7▼ 15.0%2▲ 17.6%2.4▲ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28,566
Fixed assets
€9,224 ▼ 3.8%
Current assets
€19,342 ▲ 1.4%
Equity and liabilities €28,566
Equity
€15,281 ▲ 1.6%
Debt
€13,285 ▼ 2.5%
Debt's share of the balance-sheet total falls from 47.5% to 46.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4,902▼
2024 · €6,994
Cash flow
€3,689▼
2024 · €6,313
Quick ratio
0.83▲
2024 · 0.82
Debt to equity
0.87▼
2024 · 0.91
ROE
7.0%▼
2024 · 24.4%
Interest coverage
10.42▼
2024 · 18.15
Debt ≤ 1 year
€13,285▼
2024 · €13,630
Income taxes
€813▲
2024 · €370
Staff costs
€53,561▲
2024 · €48,679
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €36,769 | €45,626 | €48,113 | €48,679 | €53,561 | ▲ 10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,373 | €1,770 | €2,275 | €2,644 | €2,615 | ▼ 1.1% |
| Other operating charges640/8 | €648 | €291 | €427 | €325 | €336 | ▲ 3.2% |
| Non-recurring operating charges66A | €738 | - | - | - | - | - |
| Gross operating margin9900 | €44,502 | €49,594 | €52,808 | €55,999 | €58,799 | ▲ 5.0% |
| Operating profit (loss)9901 | €4,974 | €1,906 | €1,993 | €4,351 | €2,287 | ▼ 47.4% |
| Financial income75/76B | €2 | €107 | €417 | €74 | €70 | ▼ 5.4% |
| Recurring financial income75 | €2 | €107 | €417 | €74 | €70 | ▼ 5.4% |
| Financial charges65/66B | €477 | €332 | €385 | €385 | €470 | ▲ 22.0% |
| Recurring financial charges65 | €477 | €332 | €385 | €385 | €470 | ▲ 22.0% |
| Profit (loss) for the period before taxes9903 | €4,498 | €1,682 | €2,026 | €4,039 | €1,887 | ▼ 53.3% |
| Income taxes67/77 | - | - | - | €370 | €813 | ▲ 120% |
| Profit (loss) for the period9904 | €4,498 | €1,682 | €2,026 | €3,669 | €1,074 | ▼ 70.7% |
| Profit (loss) for the period to be appropriated9905 | €4,498 | €1,682 | €2,026 | €3,669 | €1,074 | ▼ 70.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,986 | €29,830 | €30,622 | €28,670 | €28,566 | ▼ 0.4% |
| Fixed assets21/28 | €8,953 | €10,909 | €11,786 | €9,587 | €9,224 | ▼ 3.8% |
| Tangible fixed assets22/27 | €8,953 | €10,909 | €11,786 | €9,587 | €9,224 | ▼ 3.8% |
| Plant, machinery and equipment23 | €7,557 | €6,335 | €5,487 | €4,187 | €4,181 | ▼ 0.1% |
| Furniture and vehicles24 | €1,396 | €3,636 | €3,482 | €2,958 | €2,976 | ▲ 0.6% |
| Other tangible fixed assets26 | - | €939 | €2,817 | €2,442 | €2,067 | ▼ 15.4% |
| Current assets29/58 | €21,033 | €18,921 | €18,836 | €19,083 | €19,342 | ▲ 1.4% |
| Stocks and contracts in progress3 | €10,716 | €9,432 | €8,845 | €7,915 | €8,284 | ▲ 4.7% |
| Stocks30/36 | €10,716 | €9,432 | €8,845 | €7,915 | €8,284 | ▲ 4.7% |
| Amounts receivable within one year40/41 | €942 | €1,441 | €2,106 | €2,476 | €3,419 | ▲ 38.1% |
| Trade receivables40 | €942 | €1,441 | €2,106 | €2,476 | €2,407 | ▼ 2.8% |
| Other amounts receivable41 | - | - | - | - | €1,012 | - |
| Cash at bank and in hand54/58 | €8,647 | €7,244 | €7,013 | €7,917 | €6,854 | ▼ 13.4% |
| Deferred charges and accrued income490/1 | €729 | €803 | €872 | €774 | €785 | ▲ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,986 | €29,830 | €30,622 | €28,670 | €28,566 | ▼ 0.4% |
| Equity10/15 | €8,496 | €10,177 | €12,203 | €15,040 | €15,281 | ▲ 1.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €2,296 | €3,977 | €6,003 | €8,840 | €9,081 | ▲ 2.7% |
| Distributable reserves133 | €2,296 | €3,977 | €6,003 | €8,840 | €9,081 | ▲ 2.7% |
| Amounts payable17/49 | €21,490 | €19,653 | €18,419 | €13,630 | €13,285 | ▼ 2.5% |
| Amounts payable within one year42/48 | €21,490 | €19,653 | €18,419 | €13,630 | €13,285 | ▼ 2.5% |
| Trade debts44 | €2,393 | €1,090 | €26 | €820 | €2,324 | ▲ 183% |
| Suppliers440/4 | €2,393 | €1,090 | €26 | €820 | €2,324 | ▲ 183% |
| Taxes, remuneration and social security45 | €12,501 | €13,657 | €12,435 | €10,180 | €10,128 | ▼ 0.5% |
| Taxes450/3 | €5,636 | €5,657 | €5,254 | €6,671 | €6,442 | ▼ 3.4% |
| Remuneration and social security454/9 | €6,865 | €8,000 | €7,181 | €3,509 | €3,686 | ▲ 5.0% |
| Other amounts payable47/48 | €6,597 | €4,906 | €5,958 | €2,630 | €833 | ▼ 68.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,498 | €1,682 | €2,026 | €3,669 | €1,074 | ▼ 70.7% |
| + Depreciation and write-downs630 | €1,373 | €1,770 | €2,275 | €2,644 | €2,615 | ▼ 1.1% |
| Operating cash flow (approximation) | €5,872 | €3,452 | €4,300 | €6,313 | €3,689 | ▼ 41.6% |
| Investment in fixed assets (approximation) | - | -€3,727 | -€3,152 | -€445 | -€2,252 | ▼ 406% |
| Change in cash | - | -€1,403 | -€231 | €904 | -€1,063 | ▼ 218% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €21,160 ▲1,473%
Operating result €21,464, net result €21,160, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €1,345
Net result €1,345 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Leuven · 1 establishment unit since 2006
Ground area
303 m²
Building footprint
116 m²
Volume, LiDAR
937 m³
Parcel 24482F0262/00G008, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Arte
since 20062.156.674.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24482F0262/00G008 | Flanders | 303 m² | 1 · 116 m² | 12.5 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Recognitions · licences · registrations
Dual-learning approval
4 endedHaarverzorging duaal (so)
Kapper (vwo)
Kapper (so)
Kapper-stylist duaal (so)
Similar companies · same sector, comparable size
Sublim'in Hair
BE 0743.982.278
Waterloo · Eq €15,276
J.Lo coiffure
BE 0750.836.022
Elsene · Eq €15,307
TOCIDE
BE 0670.639.390
Mons · Eq €15,232
HAIRMAX
BE 0808.603.777
Sint-Niklaas · Eq €15,225
HSB
BE 0865.081.434
Lummen · Eq €15,337
Of 21,733 companies in sector 96210 we hold annual accounts for 2,836. 2,351 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
Founded02-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
47715Retail trade
47750Retail sale of cosmetics and toilet articles
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883971787
Also
9925:BE0883971787
Registered
29-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.