ARTEBA
ActiveARTEBA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.13M and a net result of €414k. Equity is growing by ~3.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
76
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+23
Solvency65▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.52 in 2023), but 65.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 2024Solvency, return and age of the figures
Solvency
34.6%
Return on assets
12.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
49 d early
2022
110 d early
2021
10 d late
2020
26 d late
2019
122 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.13M▲ 1.3%
2023 · €1.11M
2018: €937k
2019: €963k
2020: €1.00M
2021: €1.23M
2022: €1.04M
2023: €1.11M
2018 → 2024
Total assets
€3.25M▲ 0.2%
2023 · €3.25M
2018: €1.86M
2019: €2.38M
2020: €2.24M
2021: €3.04M
2022: €3.92M
2023: €3.25M
2018 → 2024
Net result
€414k▲ 141%
2023 · €172k
2018: €98k
2019: €116k
2020: €239k
2021: €532k
2022: €457k
2023: €172k
2018 → 2024
Working capital
€1.08M▼ 3.4%
2023 · €1.11M
2018: €938k
2019: €963k
2020: €1.00M
2021: €1.24M
2022: €1.04M
2023: €1.11M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.00M-€1.23M▲ 23.2%€1.04M▼ 15.6%€1.11M▲ 6.9%€1.13M▲ 1.3%
Operating result€339k-€723k▲ 113%€642k▼ 11.2%€325k▼ 49.4%€641k▲ 97.3%
Net result€239k-€532k▲ 122%€457k▼ 14.1%€172k▼ 62.4%€414k▲ 141%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 97% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.25M
Fixed assets
€51k
Current assets
€3.20M
Equity and liabilities €3.25M
Equity
€1.13M▲ 1.3%
Debt
€2.13M▼ 0.3%
The debt ratio falls from 65.7% to 65.4%: equity grows while debt is paid down.
Key figures and ratios
Solvency
34.6%▲
2023 · 34.3%
Current ratio
1.51▼
2023 · 1.52
Quick ratio
0.25▲
2023 · 0.22
Debt / equity
1.89▼
2023 · 1.92
ROE
36.7%▲
2023 · 15.4%
ROA
12.7%▲
2023 · 5.3%
Debt
€2.13M▼
2023 · €2.13M
Debt ≤ 1 year
€2.13M▼
2023 · €2.13M
Income taxes
€138k▲
2023 · €58k
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€3.25M€3.25M▲
Fixed assets21/28-€51k
Financial fixed assets28-€51k
Current assets29/58€3.25M€3.20M▼
Stocks and contracts in progress3€2.78M€2.67M▼
Stocks30/36€2.78M€2.67M▼
Amounts receivable within one year40/41€398k€402k▲
Trade receivables40€385k€335k▼
Other amounts receivable41€12k€67k▲
Cash at bank and in hand54/58€32k€132k▲
Deferred charges and accrued income490/1€40k-
Equity and liabilities
Total equity and liabilities10/49€3.25M€3.25M▲
Equity10/15€1.11M€1.13M▲
Contributions10/11€600k€600k=
Capital10€600k€600k=
Issued capital100€600k€600k=
Reserves13€514k€527k▲
Non-distributable reserves130/1€60k€60k=
Legal reserve130€60k€60k=
Distributable reserves133€454k€467k▲
Amounts payable17/49€2.13M€2.13M▼
Amounts payable within one year42/48€2.13M€2.13M▼
Current portion of amounts payable after more than one year42€1.83M€1.59M▼
Trade debts44€14k€37k▲
Suppliers440/4€14k€37k▲
Other amounts payable47/48€295k€500k▲
Income statement
Code20232024
Other operating charges640/8€2k€2k▼
Gross operating margin9900€327k€643k▲
Operating profit (loss)9901€325k€641k▲
Financial income75/76B€43€250▲
Recurring financial income75€43€250▲
Financial charges65/66B€96k€90k▼
Recurring financial charges65€96k€90k▼
Profit (loss) for the period before taxes9903€229k€552k▲
Income taxes67/77€58k€138k▲
Profit (loss) for the period9904€172k€414k▲
Profit (loss) for the period to be appropriated9905€172k€414k▲
Appropriation of the result
Profit (loss) to be appropriated9906€172k€414k▲
Transfer from equity791/2-€400k
Transfer to equity691/2€72k€414k▲
To other reserves6921€72k€414k▲
Profit to be distributed694/7€100k€400k▲
Return on contributions (dividend)694€100k€400k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-12
Financial
Highest result since 2018net €532k ▲122%
Operating result €723k, net result €532k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Equity above €1MEq €1.00M ▲4.1%
3 profitable years in a row build equity to €1.00M.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-03-2023
ARTIFINANCE: Resigned as Director
23-03-2023
CONVERKO: Resigned as Director
14-03-2023
CONVERKO: Resigned as Managing director
15-04-2021
ARTIFINANCE BVBA: Resigned as Managing director
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2010
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.
Hoogland(VRA) 179120 Beveren-Kruibeke-ZwijndrechtGround area
684 m²
Building footprint
188 m²
Volume, LiDAR
1,091 m³
Parcel 46028B0376/00C000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTEBA
since 20102.194.068.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028B0376/00C000 | Flanders | 684 m² | 1 · 188 m² | 9.6 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 · 1 entry · 2,250 EUR awarded · 2,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,250 EUR | 2,250 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-11-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.