Equity
€28,785 from €56,833 in 2025
Equity fell by 49% in 1 year.
ARTEC
Lifetime
14 annual accounts with figures on one time axispeak €37,481 (2024)
-€9,779▼ €47,222
lowest -€28,048 (2026)
-€28,048▼ €42,368
peak €56,833 (2025)
€28,785▼ 49.4%
€20,807▼ 46.6%
peak 0 FTE (2018)
-not published
Board1 name since 2022
1 directorWALRAVENS Eric, Jean
Documentsfilings and deeds
22-10-20269 days before the deadline
2026micro format
Gross margin from €37,443 to -€9,779Loss of €28,048Equity from €56,833 to €28,785Debts from €38,948 to €20,807Cash from €29,695 to €11,422
Key points
from the 2026 annual accountsFilings
14 annual accounts since 2012
Two of the last ten came late. The 2018 accounts came latest: 61 days after the end of the period.
Position in the sector
-€28,048
Lower net result than 95% of companies in architecture and engineering. Sector median €20,692 · 393 companies.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 30% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: 0.1%▲ +0.1 percentage points vs 09-2025
11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €28,048 (financial year 2026)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.18, cash €11,422, halved
Size: total assets €49,592
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 56% of them on solvency, 50% on liquidity, 4% on profitability and 11% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as ARTEC has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ARTEC itself is lower: 0.1% within 12 months. It rests on far more data about ARTEC than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for ARTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.18 (2.05 in 2025), below the usual 1.5. Short-term debt is 36.2% and cash 23% of total assets. 42% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-10-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
9 days early
2025
2 days early
2024
6 days early
2023
7 days early
2022
10 days early
2021
2 days early
2020
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 24 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0834691235
Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: WALRAVENS Eric, Jean (statutory manager) · Reappointment: WALRAVENS Eric, Jean (director) · Director discharge: WALRAVENS Eric, Jean · General meeting of 30-03-2023 · Gazette deed
First establishment
Avenue Fond de la Vigne 23, Rixensart
Incorporation
published on 01-04-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARTEC Rixensart | €49,592 | -€9,779 | 58.0% | - |
| M&D Partnership Ixelles | €54,654 | -€1,416 | 42.6% | - |
| ESPACE ARCHITECTE Quiévrain | €55,595 | -€16,625 | -4.4% | - |
| Symbiosis-Building & Project Management Grez-Doiceau | €47,086 | -€7,217 | 50.9% | - |
| BELLEMANS ET ASSOCIES, BUREAU D'ARCHITECTES Charleroi | €46,715 | -€13,646 | -41.9% | - |
| LOGI-K-architectes Seneffe | €38,238 | -€1,866 | 51.8% | - |
| BELLOY JO Staden | €41,596 | €964 | 19.6% | - |
These companies have the same main activity as ARTEC: urban planning and landscape architecture (NACE 71113). They are comparable in size and age: total assets between €38,200 and €55,600, founded between 2007 and 2014.
Official details
Source: KBO- Status
- Active since 16-03-2011Normal situation
- Activity
- Urban planning and landscape architectureNACE 71113and 2 others
- Establishment unit
- 2.198.621.1031330 Rixensart, since 21-03-2011
- Financial year end
- 31 March
- Peppol
- Reachable since 15-12-2025
Annual accounts to 31-03-2026
- €49,592▼ 48.2%
- Filing
- Filed on 22-10-2026, 9 days before the end of the filing period
Insights on ARTEC
ARTEC files the micro format. That format states no turnover. The gross margin fell from €17,564 in 2012 to -€9,779 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARTEC
- What is the company number of ARTEC?
- The company number of ARTEC is 0834.691.235. The VAT number is the same number with BE in front: BE 0834.691.235.
- Where is ARTEC based?
- The registered office is at Avenue Fond de la Vigne 23, 1330 Rixensart.Company details
- What does ARTEC do?
- According to the KBO register, the main activity is urban planning and landscape architecture (NACE 71113).
- What is the legal form of ARTEC?
- ARTEC is a private limited company (BV).
- When was ARTEC founded?
- ARTEC was founded on 16-03-2011.
- Is ARTEC still active?
- Yes, ARTEC is an active enterprise in the KBO register.
- What is the turnover of ARTEC?
- The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
- Is ARTEC profitable?
- In financial year 2026, ARTEC made a loss of €28,048.
- Where can I find the annual accounts of ARTEC?
- ARTEC filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ARTEC due?
- ARTEC must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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