Artec - Architecture
ActiveArtec - Architecture has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €-6k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-38
Solvency84▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.55 in 2024; short-term debt: 41.3% and cash: 26.6% of total assets), and 41.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
raises risk · 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 2025Solvency, return and age of the figures
Solvency
58.7%
Return on assets
-5.4%
Age of the figures
15 mo
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 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
44 d early
2023
27 d early
2022
on the day
2020
26 d late
2019
66 d early
2018
42 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 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2024 · €42k
2018: €-63k
2020: €-24k
2022: €-252
2023: €12k
2024: €42k
2018 → 2025
Working capital
€53k▲ 26.5%
2024 · €42k
2018: €40k
2020: €19k
2022: €-28k
2023: €-17k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€23k-€23k▼ 0.9%€35k▲ 52.8%€77k▲ 118%€70k▼ 8.4%
Operating result€-24k-€3k€18k▲ 454%€61k▲ 231%€-5k
Net result€-24k-€-252▲ 99.0%€12k€42k▲ 242%€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €61k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€17k▼ 50.6%
Current assets
€103k▼ 13.1%
Equity and liabilities €120k
Equity
€70k▼ 8.4%
Debt
€50k▼ 35.0%
The debt ratio falls from 49.7% to 41.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €78k
Cash flow
€11k▼
2024 · €59k
Solvency
58.7%▲
2024 · 50.3%
Current ratio
2.07▲
2024 · 1.55
Quick ratio
2.07▲
2024 · 1.55
Debt / equity
0.70▼
2024 · 0.99
ROE
-9.2%▼
2024 · 54.2%
ROA
-5.4%▼
2024 · 27.2%
Interest coverage
8.06▼
2024 · 41.02
Debt
€50k▼
2024 · €76k
Debt ≤ 1 year
€50k▼
2024 · €76k
Income taxes
€260▼
2024 · €17k
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€153k€120k▼
Fixed assets21/28€35k€17k▼
Intangible fixed assets21€25k€15k▼
Tangible fixed assets22/27€10k€2k▼
Furniture and vehicles24€10k€2k▼
Current assets29/58€118k€103k▼
Amounts receivable within one year40/41€69k€66k▼
Trade receivables40€69k€65k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€46k€32k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€153k€120k▼
Equity10/15€77k€70k▼
Contributions10/11€19k€19k=
Reserves13€58k€58k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14-€-6k
Amounts payable17/49€76k€50k▼
Amounts payable within one year42/48€76k€50k▼
Trade debts44€23k€3k▼
Suppliers440/4€23k€3k▼
Taxes, remuneration and social security45€14k€12k▼
Taxes450/3€14k€12k▼
Other amounts payable47/48€39k€34k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€994€999▲
Gross operating margin9900€79k€14k▼
Operating profit (loss)9901€61k€-5k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€59k€-6k▼
Income taxes67/77€17k€260▼
Profit (loss) for the period9904€42k€-6k▼
Profit (loss) for the period to be appropriated9905€42k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€-6k▼
Transfer to equity691/2€42k€0▼
To other reserves6921€42k€0▼
The notes to these accounts (9 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
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2018net €42k ▲242%
Operating result €61k, net result €42k, both a record.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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 2025
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.
31-12-2025
Joelle François: Resigned as Director
02-06-2021
Henkinbrant, André: Resigned as Managing director
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2021
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.
Rue des Vennes 2034020 LiègeGround area
191 m²
Building footprint
60 m²
Volume, LiDAR
827 m³
Parcel 62806C0689/00H000, Wallonia · tallest building 14.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Artec - Architecture
since 20212.335.563.426
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0689/00H000 | Wallonia | 191 m² | 1 · 60 m² | 14.9 m · 5 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
Architectenbureau Kris Van den Broeck
BE 0661.595.626
Gent · Eq €70k
STUDIO BOUW
BE 0740.453.953
Kortrijk · Eq €70k
CMC ENGINEERING & ARCHITECTURE
BE 0508.816.468
Braine-l'Alleud · Eq €70k
OTIUM
BE 0473.681.385
Brakel · Eq €70k
BUREAU D'ARCHITECTURE ET PAYSAGE OSMOSE
BE 0899.674.307
Genappe · Eq €70k
Of 18,252 companies in sector 71111 we hold annual accounts for 6,319. 5,458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-1988
Fiscal year end30-06
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.