ARTECH
ActiveSummary
ARTECH has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €444,122 and a net result of €79,974. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 95% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 46.25 against 9.25 in 2024; short-term debt: 1.8% and cash: 70% of total assets), and 2.3% of the assets are financed with debt.
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Signals
Four 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
97.7%
Return on assets
17.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
on the day
2023
36 d late
2022
on the day
2021
3 d early
2020
5 d early
2019
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€444,122▲ 22.0%
2024 · €364,149
Total assets
€454,715▲ 12.8%
2024 · €403,208
Net result
€79,974▲ 115%
2024 · €37,283
Working capital
€369,739▲ 14.7%
2024 · €322,414
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€56,591▼ 8.7%€163,789▲ 189%€114,275▼ 30.2%€54,288▼ 52.5%€116,718▲ 115%
Net result€40,427above the sector's middle half▼ 4.2%€111,546above the sector's middle half▲ 176%€77,749above the sector's middle half▼ 30.3%€37,283above the sector's middle half▼ 52.0%€79,974above the sector's middle half▲ 115%
Equity€360,063above the sector's middle half▲ 12.6%€283,746above the sector's middle half▼ 21.2%€344,984above the sector's middle half▲ 21.6%€364,149above the sector's middle half▲ 5.6%€444,122above the sector's middle half▲ 22.0%
Total assets€426,530within the sector's middle half▲ 18.1%€424,487within the sector's middle half▼ 0.5%€390,313within the sector's middle half▼ 8.1%€403,208within the sector's middle half▲ 3.3%€454,715above the sector's middle half▲ 12.8%
Debt€66,468▲ 59.5%€140,741▲ 112%€45,328▼ 67.8%€39,059▼ 13.8%€10,593▼ 72.9%
Working capital€246,330▲ 20.3%€199,046▼ 19.2%€284,768▲ 43.1%€322,414▲ 13.2%€369,739▲ 14.7%
Solvency84.4%above the sector's middle half▼ 4.0pp66.8%within the sector's middle half▼ 17.6pp88.4%above the sector's middle half▲ 21.5pp90.3%above the sector's middle half▲ 1.9pp97.7%above the sector's middle half▲ 7.4pp
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 115% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €454,715
Fixed assets
€76,805 ▲ 84.0%
Current assets
€377,911 ▲ 4.5%
Equity and liabilities €454,715
Equity
€444,122 ▲ 22.0%
Debt
€10,593 ▼ 72.9%
Debt's share of the balance-sheet total falls from 9.7% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€134,773▲
2024 · €72,770
Cash flow
€98,028▲
2024 · €55,765
Current ratio
46.25▲
2024 · 9.25
Debt to equity
0.02▼
2024 · 0.11
ROE
18.0%▲
2024 · 10.2%
ROA
17.6%▲
2024 · 9.2%
Interest coverage
1790.29▲
2024 · 1112.52
Debt ≤ 1 year
€8,172▼
2024 · €39,059
Income taxes
€37,298▲
2024 · €17,584
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,649 | €30,107 | €26,928 | €18,482 | €18,055 | ▼ 2.3% |
| Other operating charges640/8 | €1,507 | €2,281 | €1,355 | €1,967 | €1,326 | ▼ 32.6% |
| Gross operating margin9900 | €89,748 | €196,178 | €142,558 | €74,737 | €136,099 | ▲ 82.1% |
| Operating profit (loss)9901 | €56,591 | €163,789 | €114,275 | €54,288 | €116,718 | ▲ 115% |
| Financial income75/76B | €671 | €998 | €379 | €645 | €629 | ▼ 2.4% |
| Recurring financial income75 | €671 | €998 | €379 | €645 | €629 | ▼ 2.4% |
| Financial charges65/66B | €92 | €59 | €157 | €65 | €75 | ▲ 15.1% |
| Recurring financial charges65 | €92 | €59 | €157 | €65 | €75 | ▲ 15.1% |
| Profit (loss) for the period before taxes9903 | €57,170 | €164,728 | €114,497 | €54,867 | €117,272 | ▲ 114% |
| Income taxes67/77 | €16,744 | €53,182 | €36,749 | €17,584 | €37,298 | ▲ 112% |
| Profit (loss) for the period9904 | €40,427 | €111,546 | €77,749 | €37,283 | €79,974 | ▲ 115% |
| Profit (loss) for the period to be appropriated9905 | €40,427 | €111,546 | €77,749 | €37,283 | €79,974 | ▲ 115% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €426,530 | €424,487 | €390,313 | €403,208 | €454,715 | ▲ 12.8% |
| Fixed assets21/28 | €113,732 | €84,699 | €60,216 | €41,735 | €76,805 | ▲ 84.0% |
| Tangible fixed assets22/27 | €113,307 | €84,274 | €59,791 | €41,310 | €76,380 | ▲ 84.9% |
| Plant, machinery and equipment23 | €96,829 | €77,124 | €59,791 | €41,310 | €29,152 | ▼ 29.4% |
| Furniture and vehicles24 | €16,478 | €7,150 | €0 | - | €47,228 | - |
| Financial fixed assets28 | €425 | €425 | €425 | €425 | €425 | = |
| Current assets29/58 | €312,798 | €339,787 | €330,096 | €361,473 | €377,911 | ▲ 4.5% |
| Amounts receivable within one year40/41 | €167,150 | €163,154 | €44,604 | €71,649 | €51,660 | ▼ 27.9% |
| Trade receivables40 | €164,851 | €159,182 | €44,604 | €70,311 | €36,190 | ▼ 48.5% |
| Other amounts receivable41 | €2,299 | €3,972 | - | €1,338 | €15,471 | ▲ 1,056% |
| Cash at bank and in hand54/58 | €140,077 | €171,896 | €280,727 | €285,073 | €318,122 | ▲ 11.6% |
| Deferred charges and accrued income490/1 | €5,571 | €4,737 | €4,766 | €4,751 | €8,128 | ▲ 71.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €426,530 | €424,487 | €390,313 | €403,208 | €454,715 | ▲ 12.8% |
| Equity10/15 | €360,063 | €283,746 | €344,984 | €364,149 | €444,122 | ▲ 22.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €353,862 | €277,545 | €338,784 | €357,948 | €437,922 | ▲ 22.3% |
| Non-distributable reserves130/1 | €10,246 | €8,681 | €8,681 | €7,812 | €7,812 | = |
| Reserves not available under the articles1311 | €10,246 | €8,681 | €7,812 | €7,812 | €7,812 | = |
| Other1319 | - | - | €869 | - | - | - |
| Distributable reserves133 | €343,616 | €268,864 | €330,103 | €350,136 | €430,110 | ▲ 22.8% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | = |
| Amounts payable17/49 | €66,468 | €140,741 | €45,328 | €39,059 | €10,593 | ▼ 72.9% |
| Amounts payable within one year42/48 | €66,468 | €140,741 | €45,328 | €39,059 | €8,172 | ▼ 79.1% |
| Trade debts44 | €25,575 | €22,197 | €14,953 | €6,035 | €6,020 | ▼ 0.2% |
| Suppliers440/4 | €25,575 | €22,197 | €14,953 | €6,035 | €6,020 | ▼ 0.2% |
| Taxes, remuneration and social security45 | €32,591 | €24,302 | €21,619 | €15,837 | €2,152 | ▼ 86.4% |
| Taxes450/3 | €19,826 | €20,066 | €21,619 | €15,837 | €2,152 | ▼ 86.4% |
| Remuneration and social security454/9 | €12,765 | €4,236 | - | - | - | - |
| Other amounts payable47/48 | €8,301 | €94,242 | €8,757 | €17,187 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,421 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,427 | €111,546 | €77,749 | €37,283 | €79,974 | ▲ 115% |
| + Depreciation and write-downs630 | €31,649 | €30,107 | €26,928 | €18,482 | €18,055 | ▼ 2.3% |
| Operating cash flow (approximation) | €72,076 | €141,653 | €104,677 | €55,765 | €98,028 | ▲ 75.8% |
| Investment in fixed assets (approximation) | - | -€1,074 | -€2,445 | €0 | -€53,125 | ▼ 531,247,100% |
| Change in cash | - | €31,819 | €108,830 | €4,346 | €33,049 | ▲ 660% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Liquidity times 5current ratio 46.25
Current ratio from 9.25 to 46.25; short-term debt falls from €39,059 to €8,172.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 7.28
Current ratio from 2.41 to 7.28; short-term debt falls from €140,741 to €45,328.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €111,546 ▲176%
Operating result €163,789, net result €111,546, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
31-12
Financial
Liquidity times 5current ratio 7.02
Current ratio from 1.36 to 7.02; short-term debt falls from €326,379 to €30,004.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2003
Ground area
3,671 m²
Building footprint
103 m²
Volume, LiDAR
676 m³
Parcel 11820C0397/00R000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTECHY
since 20032.132.410.584
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11820C0397/00R000 | Flanders | 3,670 m² | 1 · 103 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,307 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
74301Translation services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0480147525
Registered
09-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.