ARTE-FACT
ActiveSummary
ARTE-FACT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201k and a net result of €5k. Equity is growing by ~31% per year across the filed fiscal years. Its solvency ranks better than 77% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-14
Solvency91▲+28
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 1.58 in 2024; short-term debt: 33.9% and cash: 41.8% of total assets), and 33.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
66.1%
Return on assets
1.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
61 d late
2022
31 d late
2021
18 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€201k▲ 2.4%
2024 · €197k
2021: €25k
2022: €51k
2023: €152k
2024: €197k
2021 → 2025
Total assets
€304k▼ 41.4%
2024 · €520k
2021: €131k
2022: €304k
2023: €431k
2024: €520k
2021 → 2025
Net result
€5k▼ 93.3%
2024 · €69k
2021: €20k
2022: €26k
2023: €101k
2024: €69k
2021 → 2025
Working capital
€184k▲ 1.3%
2024 · €182k
2021: €12k
2022: €33k
2023: €139k
2024: €182k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€51k▲ 104%€152k▲ 198%€197k▲ 29.2%€201k▲ 2.4%
Operating result€28k-€36k▲ 28.3%€142k▲ 299%€95k▼ 33.6%€6k▼ 94.0%
Net result€20k-€26k▲ 29.8%€101k▲ 288%€69k▼ 31.4%€5k▼ 93.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 94% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€17k ▼ 35.5%
Current assets
€288k ▼ 41.8%
Equity and liabilities €304k
Equity
€201k ▲ 2.4%
Debt
€103k ▼ 68.1%
Debt's share of the balance-sheet total falls from 62.2% to 33.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €97k
Cash flow
€11k▼
2024 · €72k
Current ratio
2.79▲
2024 · 1.58
Quick ratio
1.23▲
2024 · 0.93
Debt to equity
0.51▼
2024 · 1.64
ROE
2.3%▼
2024 · 35.3%
ROA
1.5%▼
2024 · 13.3%
Interest coverage
24.45▲
2024 · 7.19
Debt ≤ 1 year
€103k▼
2024 · €312k
Income taxes
€3k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€520k€304k▼
Fixed assets21/28€26k€17k▼
Tangible fixed assets22/27€26k€17k▼
Furniture and vehicles24€26k€17k▼
Current assets29/58€494k€288k▼
Stocks and contracts in progress3€203k€160k▼
Stocks30/36€203k€153k▼
Contracts in progress37-€8k
Amounts receivable within one year40/41€139k-
Trade receivables40€127k-
Other amounts receivable41€11k-
Current investments50/53€47k-
Cash at bank and in hand54/58€106k€127k▲
Equity and liabilities
Total equity and liabilities10/49€520k€304k▼
Equity10/15€197k€201k▲
Contributions10/11€5k€5k=
Reserves13€192k€196k▲
Distributable reserves133€192k€196k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€323k€103k▼
Amounts payable within one year42/48€312k€103k▼
Trade debts44€157k€17k▼
Suppliers440/4€157k€17k▼
Advances received on contracts in progress46€36k€14k▼
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Other amounts payable47/48€111k€62k▼
Accrued charges and deferred income492/3€11k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€325-
Other operating charges640/8€695€2k▲
Gross operating margin9900€99k€13k▼
Operating profit (loss)9901€95k€6k▼
Financial income75/76B€6k€2k▼
Recurring financial income75€6k€2k▼
Financial charges65/66B€14k€474▼
Recurring financial charges65€14k€474▼
Profit (loss) for the period before taxes9903€87k€7k▼
Income taxes67/77€17k€3k▼
Profit (loss) for the period9904€69k€5k▼
Profit (loss) for the period to be appropriated9905€69k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€5k▼
Transfer to equity691/2€44k€5k▼
To other reserves6921€44k€5k▼
Profit to be distributed694/7€25k-
Directors or managers695€25k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €5k ▼93.3%
Net result drops to €5k, the lowest in the series.
31-12
Financial
Equity above €200kEq €201k ▲2.4%
5 profitable years in a row build equity to €201k.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2021net €101k ▲288%
Operating result €142k, net result €101k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲198%
3 profitable years in a row build equity to €152k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Aartselaar · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
della Faillelaan 152630 AartselaarGround area
281 m²
Building footprint
92 m²
Volume, LiDAR
593 m³
Parcel 11001B0228/00E006, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTE-FACT
since 20202.299.788.044
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0228/00E006 | Flanders | 281 m² | 1 · 92 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LEMAIRE - Anc. Maison L. MICHIELS
BE 0442.553.788
Sint-Agatha-Berchem · Eq €199k
MJV SOUDANT
BE 0734.829.240
Gerpinnes · Eq €203k
M.G.A.
BE 0808.265.168
Brussel · Eq €198k
BOURS ARTHUR ANTIQUITEITEN & INTERIEUR
BE 0866.063.510
As · Eq €206k
New-Art
BE 0643.838.290
Hooglede · Eq €207k
Of 1,435 companies in sector 47791 we hold annual accounts for 455. 336 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47791Retail sale of antiques
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.