ARTE BELGE

Active

Private limited companyfounded 2014active for 12 yearsplace Vauban 10, 6000 Charleroi, BelgiumKBO/BCE: BE 0555.952.035

Summary

The computed 12-month bankruptcy probability of ARTE BELGE is 1.8% (moderate). The annual accounts of ARTE BELGE for financial year 2025 show a net loss of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €4,400 and a net result of -€19,133. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9,806 sector peers (NACE 43, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ARTE BELGEActiveChecked score 53/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320Retail sale of household furniture NACE 47551

1 site

Size

€93,094total assets 2025

Staff: 1 FTE
Equity: €4,400
Loss: -€19,133

Turnover not published (abbreviated or micro format)

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.8%

Structure

NABHAN GhiathDirector

2025 accounts on time2 of 4 deeds summarised

Why 53raises riskLoss of €19,133 (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.04, cash €44,516Size: total assets €93,094Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 16% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 30-13

equity 4.7% of total assets

Liquidity 50-3

short-term debt 95.3% · cash 47.8%

Profitability 0-40

return on assets -20.6%

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.4%▲ +0.3 percentage points vs 08-2025 10-2025: 1.5%▲ +0.1 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 2.1%▲ +0.6 percentage points vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.0%▼ -0.1 percentage points vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026highest value 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 1.8%▼ -0.3 percentage points vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.04, compared with 1.21 in 2024, below the usual 1.5; short-term debt: 95.3% and cash: 47.8% of total assets), and 95.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 11% on solvency, 43% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Loss of €19,133 (financial year 2025)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 1.04, cash €44,516

NBB · annual accounts

Size: total assets €93,094

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9806 sector peers (2025).

NBB · sector comparison

Position among 9806 sector peers

Solvency

better than 9%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

on the day

2024

49 days late

2023

29 days late

2022

60 days late

2021

22 days late

2020

31 days late

2019

1 day 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 27 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
17-11-2025 Registered office · Capital & shares…Partner · Share transfer ·…
18-09-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: Among the weakest 9% on equitysector median €252,781 · 9,808 companies €4,400 View
One director decidessole director in office 1 View
Total assets 20256 financial years filed €93,094 View

By topic

Financials

Financial year: 2025
Total assets: €93,094
Loss: -€19,133
Solvency: 4.7%

Total assets▼ 29.5%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

NABHAN GhiathDirector

Go to Board & ownership

Timeline

Events: 17
Since: 2016
Next accounts: by 31-07-2027

29-08-2024Annual accounts filed
23-08-2024Purpose · Amendment of the articles ·…
29-09-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 14-07-2014
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Annual meeting: First Monday of June at 18:00

Go to Articles of association

Key facts about ARTE BELGE

What is the company number of ARTE BELGE?: 0555.952.035. In Belgium the VAT number is the company number with BE in front: BE 0555.952.035.
Where is ARTE BELGE based?: The registered office is at place Vauban 10, 6000 Charleroi.Company details
What does ARTE BELGE do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of ARTE BELGE?: Private limited company (BV).
When was ARTE BELGE founded?: On 14-07-2014.
Is ARTE BELGE still active?: Yes, ARTE BELGE is an active enterprise in the KBO register.
How many employees does ARTE BELGE have?: On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ARTE BELGE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ARTE BELGE profitable?: In financial year 2025, ARTE BELGE made a loss of €19,133.
Where can I find the annual accounts of ARTE BELGE?: ARTE BELGE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARTE BELGE due?: By 31-07-2027, for financial year 2026.Timeline