ARTEBO
ActiveARTEBO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €173k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 2172 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+3
Solvency40▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.17 in 2024; short-term debt: 67% and cash: 0% of total assets), and 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
15.5%
Return on assets
16.4%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2172 sector peers (2025).
NBB · sector comparisonPosition among 2172 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
45 d early
2023
35 d early
2022
5 d early
2021
4 d early
2020
3 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€163k▲ 81.1%
2024 · €90k
2019: €51k
2020: €63k
2021: €68k
2022: €75k
2023: €21k
2024: €90k
2019 → 2025
Total assets
€1.05M▲ 114%
2024 · €494k
2019: €180k
2020: €180k
2021: €308k
2022: €235k
2023: €199k
2024: €494k
2019 → 2025
Net result
€173k▲ 152%
2024 · €69k
2019: €41k
2020: €41k
2021: €12k
2022: €7k
2023: €-54k
2024: €69k
2019 → 2025
Working capital
€101k▲ 61.0%
2024 · €63k
2019: €32k
2020: €32k
2021: €46k
2022: €59k
2023: €28k
2024: €63k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€75k▲ 10.3%€21k▼ 71.5%€90k▲ 320%€163k▲ 81.1%
Operating result€17k-€13k▼ 22.0%€-54k€83k€228k▲ 173%
Net result€12k-€7k▼ 40.9%€-54k€69k€173k▲ 152%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 173% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€247k▲ 312%
Current assets
€807k▲ 86.2%
Equity and liabilities €1.05M
Equity
€163k▲ 81.1%
Debt
€891k▲ 121%
The debt ratio rises from 81.7% to 84.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€260k▲
2024 · €90k
Cash flow
€205k▲
2024 · €75k
Solvency
15.5%▼
2024 · 18.3%
Current ratio
1.14▼
2024 · 1.17
Quick ratio
1.14▲
2024 · 0.87
Debt / equity
5.46▲
2024 · 4.47
ROE
106.0%▲
2024 · 76.2%
ROA
16.4%▲
2024 · 13.9%
Interest coverage
11.07▲
2024 · 7.76
Debt
€891k▲
2024 · €403k
Debt ≤ 1 year
€706k▲
2024 · €371k
Debt > 1 year
€185k▲
2024 · €32k
Income taxes
€31k▲
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€494k€1.05M▲
Fixed assets21/28€60k€247k▲
Tangible fixed assets22/27€54k€242k▲
Plant, machinery and equipment23€25k€63k▲
Furniture and vehicles24€6k€158k▲
Other tangible fixed assets26€23k€20k▼
Financial fixed assets28€6k€6k=
Current assets29/58€434k€807k▲
Stocks and contracts in progress3€110k-
Contracts in progress37€110k-
Amounts receivable within one year40/41€279k€807k▲
Trade receivables40€222k€733k▲
Other amounts receivable41€57k€74k▲
Cash at bank and in hand54/58€45k€5▼
Equity and liabilities
Total equity and liabilities10/49€494k€1.05M▲
Equity10/15€90k€163k▲
Contributions10/11€12k€12k=
Reserves13€42k€151k▲
Distributable reserves133€42k€151k▲
Profit (loss) carried forward14€36k-
Amounts payable17/49€403k€891k▲
Amounts payable after more than one year17€32k€185k▲
Financial debts170/4€32k€185k▲
Amounts payable within one year42/48€371k€706k▲
Current portion of amounts payable after more than one year42€13k€56k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€348k€507k▲
Suppliers440/4€348k€507k▲
Taxes, remuneration and social security45€10k€31k▲
Taxes450/3€10k€31k▲
Other amounts payable47/48-€110k
Accrued charges and deferred income492/3€615-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€32k▲
Other operating charges640/8€1k€4k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€91k€270k▲
Operating profit (loss)9901€83k€228k▲
Financial income75/76B€3k€39▼
Recurring financial income75€3k€39▼
Financial charges65/66B€12k€23k▲
Recurring financial charges65€12k€23k▲
Profit (loss) for the period before taxes9903€75k€204k▲
Income taxes67/77€7k€31k▲
Profit (loss) for the period9904€69k€173k▲
Profit (loss) for the period to be appropriated9905€69k€173k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€209k▲
Profit (loss) brought forward from the previous period14P€-33k€36k▲
Transfer to equity691/2-€109k
To other reserves6921-€109k
Profit to be distributed694/7-€100k
Directors or managers695-€100k
The notes to these accounts (11 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €173k ▲152%
Operating result €228k, net result €173k, both a record.
30-06
Financial
Equity above €150kEq €163k ▲81.1%
2 profitable years in a row build equity to €163k.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €69k
Net result €69k after one loss-making year.
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-54k ▼866%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
20-07
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 2022
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.
25-07-2022
Resigned as Director
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 2008
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.
Saffierstraat(HRT) 52200 HerentalsGround area
3,765 m²
Building footprint
2,279 m²
Volume, LiDAR
15,185 m³
Parcel 13302D0252/00P000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTEBO
since 20082.168.306.029
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0252/00P000 | Flanders | 3,765 m² | 1 · 2,279 m² | 7.8 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
ECOWALL
BE 0754.459.268
Holsbeek · Eq €167k
AMR TRIDENT
BE 0894.428.486
Ittre · Eq €167k
V.A. Industries
BE 0811.745.290
Aarschot · Eq €159k
HOLLMAN
BE 0746.842.491
Sint-Pieters-Leeuw · Eq €168k
RvH Bedrijfsgebouwen
BE 0870.742.076
Schoten · Eq €168k
Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 727 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2008
Fiscal year end30-06
Activities, NACEBEL
41003General construction of other non-residential buildings
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.