ARTE VERDE

Active

Private limited companyfounded 199432 yrs activeKiezelweg 28, 2550 Kontich, BelgiumKBO/BCE: BE 0452.843.213

ARTE VERDE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104k and a net result of €31k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 1850 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability79▲+15

Solvency51▲+11

Growth78=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity short (current ratio 0.64 against 0.51 in 2023; short-term debt: 60.7% and cash: 1.4% of total assets), and 73.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

26.4%

Return on assets

7.8%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

53 d late

2023

30 d late

2022

31 d late

2021

38 d early

2020

9 d late

2019

92 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, abbreviated schema

Equity

€104k▲ 42.0%

2023 · €73k

2018: €19k 2019: €45k 2020: €53k 2021: €59k 2022: €92k 2023: €73k

2018 → 2024

Total assets

€393k▼ 19.1%

2023 · €486k

2018: €352k 2019: €463k 2020: €470k 2021: €370k 2022: €432k 2023: €486k

2018 → 2024

Net result

€31k

2023 · €-19k

2018: €-23k 2019: €26k 2020: €8k 2021: €6k 2022: €56k 2023: €-19k

2018 → 2024

Working capital

€-86k▲ 43.8%

2023 · €-153k

2018: €-58k 2019: €-79k 2020: €-94k 2021: €-83k 2022: €-95k 2023: €-153k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€53k-€59k▲ 10.8%€92k▲ 54.9%€73k▼ 20.4%€104k▲ 42.0%

Operating result€16k-€12k▼ 25.5%€68k▲ 474%€-4k€51k

Net result€8k-€6k▼ 29.0%€56k▲ 860%€-19k€31k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €51k after a loss of €4k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €393k

61.2%

38.8%

Fixed assets €241k▼ 26.9%

Current assets €153k▼ 2.6%

Equity and liabilities €393k

26.4%

71.8%

Equity €104k▲ 42.0%

Provisions €7k

Debt €283k▼ 31.6%

The debt ratio falls from 85.0% to 71.8%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€149k▲

2023 · €96k

Cash flow

€129k▲

2023 · €82k

Solvency

26.4%▲

2023 · 15.0%

Current ratio

0.64▲

2023 · 0.51

Quick ratio

0.64▲

2023 · 0.51

Debt / equity

2.72▼

2023 · 5.65

ROE

29.6%▲

2023 · -25.6%

ROA

7.8%▲

2023 · -3.9%

Interest coverage

11.69▲

2023 · 6.65

Debt

€283k▼

2023 · €413k

Debt ≤ 1 year

€239k▼

2023 · €310k

Debt > 1 year

€44k▼

2023 · €97k

Income taxes

€907▲

2023 · €884

Staff costs

€216k▼

2023 · €285k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€486k€393k▼

Fixed assets21/28€329k€241k▼

Tangible fixed assets22/27€328k€240k▼

Plant, machinery and equipment23€5k€8k▲

Furniture and vehicles24€91k€94k▲

Leasing and similar rights25€233k€138k▼

Financial fixed assets28€1k€1k▼

Current assets29/58€157k€153k▼

Amounts receivable within one year40/41€138k€130k▼

Trade receivables40€137k€130k▼

Other amounts receivable41€780€0▼

Cash at bank and in hand54/58€5k€5k▲

Deferred charges and accrued income490/1€13k€17k▲

Equity and liabilities

Total equity and liabilities10/49€486k€393k▼

Equity10/15€73k€104k▲

Contributions10/11€19k€19k=

Reserves13€55k€85k▲

Non-distributable reserves130/1€0-

Reserves not available under the articles1311€0-

Tax-exempt reserves132€11k€39k▲

Distributable reserves133€43k€46k▲

Profit (loss) carried forward14€0-

Provisions and deferred taxes16-€7k

Deferred taxes168-€7k

Amounts payable17/49€413k€283k▼

Amounts payable after more than one year17€97k€44k▼

Financial debts170/4€97k€44k▼

Amounts payable within one year42/48€310k€239k▼

Current portion of amounts payable after more than one year42€76k€53k▼

Financial debts43€49k€37k▼

Credit institutions430/8€49k€37k▼

Trade debts44€69k€58k▼

Suppliers440/4€69k€58k▼

Taxes, remuneration and social security45€57k€48k▼

Taxes450/3€37k€31k▼

Remuneration and social security454/9€20k€17k▼

Other amounts payable47/48€59k€42k▼

Accrued charges and deferred income492/3€6k€0▼

Income statement Code20232024

Remuneration, social security and pensions62€285k€216k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€98k▼

Other operating charges640/8€33k€29k▼

Gross operating margin9900€414k€395k▼

Operating profit (loss)9901€-4k€51k▲

Financial income75/76B€872€144▼

Recurring financial income75€872€144▼

Financial charges65/66B€15k€13k▼

Recurring financial charges65€15k€13k▼

Profit (loss) for the period before taxes9903€-18k€39k▲

Transfer to deferred taxes680-€7k

Income taxes67/77€884€907▲

Profit (loss) for the period9904€-19k€31k▲

Transfer to tax-exempt reserves689-€28k

Profit (loss) for the period to be appropriated9905€-19k€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-19k€3k▲

Transfer from equity791/2€19k€0▼

Transfer to equity691/2€0€3k▲

To other reserves6921€0€3k▲

Profit to be distributed694/7€0-

Directors or managers695€0-

Social balance

Average headcount (FTE)90874.83.3▼

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 4Gazette 1Filings 10

2026

14-09

State Gazette act General meeting · Director appointment

General meeting · Director appointment · Mandate compensation4 facts ▸

General meeting, 2026-08-26
Director appointment, Van Den Wijngaert Sam (bestuurder)
Mandate compensation, Van Den Wijngaert Sam
Mandate limitation, 2.500 EUR per transactie, maximum 10.000 EUR per maand

2025

22-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 53 days late

2024

31-12

Financial Back to profitnet €31k

Net result €31k after one loss-making year.

31-12

Financial Equity above €100kEq €104k ▲42%

Equity rises from €73k to €104k.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 30 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Highest result since 2018net €56k ▲860%

Operating result €68k, net result €56k, both a record.

23-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

09-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 9 days late

2020

31-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 92 days late

2019

31-12

Financial Back to profitnet €26k

Net result €26k after one loss-making year.

29-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 29 days late

2018

27-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 58 days late

2017

31-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

12-07

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2026

Van Den Wijngaert Sam

Director · since 21-08-2026

Current

21-08-2026 Appointed as Director

Location & real-estate footprint

Registered office, Kontich · 1 establishment unit since 1994

establishment The establishment unit on the map

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.

Kiezelweg 282550 Kontich

Ground area

2,302 m²

Building footprint

269 m²

Volume, LiDAR

1,428 m³

Parcel 11048A0058/00D000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ARTE VERDE

Kiezelweg 28, 2550 KontichRemediation activities and other waste management service activities

since 19942.067.597.560

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11048A0058/00D000	Flanders	2,302 m²	1 · 269 m²	11.5 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 2,344 EUR awarded · 2,422 EUR paid

Year	Entries	awarded	paid
2025	1	245 EUR	245 EUR
2024	1	314 EUR	314 EUR
2023	2	1,500 EUR	1,578 EUR
2022	1	285 EUR	285 EUR

Schemes

Subsidies ecologisch en veilig transport (stopgezet)

1 entry · 1,500 EUR · 1,500 EUR paid · Departement Mobiliteit en Openbare Werken

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

4 entries · 844 EUR · 922 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Sint-Truiden · Eq €104k

Baki Logistics

BE 0773.735.148

Zele · Eq €103k

Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 6,351 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded06-06-1994

Fiscal year end31-12

Activities, NACEBEL

45112

49410Freight transport by road

42911Civil engineering

43120Site preparation

Sources

Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.