The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as ArTech Engineering has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 39,274 companies, not a prediction for ArTech Engineering. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015716890
Incorporation
Founding capital of €3,000, 100 shares · Founder: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (director) · published on 31-10-2024 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ArTech Engineering: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €42,500 and €62,400, founded between 2024 and 2025.
The 2025 annual accounts show equity of €27,098 and a net result of €24,098. Its solvency ranks better than 62% of 2,606 sector peers (NACE 90, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €99,000. Estimated: probably between €57,000 and €160,000.
Balance sheet
balance sheet total €43,371 on 30-06-2025
What the company ownsHow it is paid for
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
each dot is a set of accounts, on the day it reached the National Bank
2025 annual accounts filed 68 days after the deadline. Filed on 9 April 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00075942.
per financial year, computed from the annual accounts
Line
Trend
2025
34,190
25,006
26,657
62.5%
2.64
0.60
88.9%
55.6%
over 100
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on ArTech Engineering
Debt's share of the balance-sheet total is 37.5%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
1 director, since incorporation
Name after signing inVisible after signing in
Director (not named in the articles)
appointed by deed of 31-10-2024term without a fixed end
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
20242025202620272028
Name hiddenVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Hidden nameVisible after signing in
Director (not named in the articles), appointed by deed of 31-10-2024, still in office
Name after signing inVisible after signing in100 shares (100%)
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off
Name hiddenVisible after signing in
1 other company of this director was judicially dissolved (2022).
Hidden nameVisible after signing injudicial dissolution on 20-12-2022appointed in 2019, still in office
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
ArTech Engineering has no parent and no holdings in its annual accounts. Name after signing inVisible after signing in is the only director.
Earlier ties
Name hiddenVisible after signing in
via Hidden nameVisible after signing in, no longer at Name after signing inVisible after signing in · Manager · deed of 31-01-2019
No longer active
total assets €247 (2021)
Connections & network
Connections & network
ArTech Engineering is linked to other companies through directors or shares. Look especially for linked companies in trouble.
Depth
The network starts from the earlier ties.
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
4 events since 2024
Filings
Establishments
202420252026
2026
Annual accounts 2025 filedNBB ↗micro format · 68 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1015716890
2024
IncorporationFounding capital of €3,000, 100 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 31-10-20245 points ▸
Founder, Hidden nameVisible after signing in
Founding capital, €3,000, 100 shares
100 shares
Director appointment, Name after signing inVisible after signing in (director (not named in the articles))
Permanent representative, Name hiddenVisible after signing in
90023Arts creation and performing arts activities main activity
77399Renting and leasing of other machinery, equipment and tangible goods
90021Arts creation and performing arts activities
93299Other amusement and recreation activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“1.Activités spécifiques liées à/aux; II.Gestion d'un patrimoine mobilier et immobilier propre; III.Dispositions particulières; Direction…”
17 activities
1.Activités spécifiques liées à/aux
II.Gestion d'un patrimoine mobilier et immobilier propre
III.Dispositions particulières
Direction technique en audio-visuel
Régie générale pour l’événementiel et les spectacles
Vente,installation et location de matériel audiovisuel
Organisation et gestion d’événements et spectacles
Toutes les activités qui touchent aux opérations immobilières ou qui se rapportent directement ou indirectement à cet objet ; la gestion immobilière,le lotissement,l’achat,la vente,la construction,la location,la mise en valeur de tous biens immeubles ainsi que les opérations financières de nature à favoriser le rapport des immeubles qu’elle possède
La constitution,la gestion et la valorisation de tout patrimoine mobilier,toutes les opérations,de quelque nature qu'elles soient,relatives à des biens et des droits meubles,telles que l'acquisition,par souscription ou par achat,et la gestion d'actions,d'obligations,de bons de caisse ou d'autres valeurs meubles,de quelque forme que ce soit,de personnes morales et d'entreprises belges ou étrangères existantes ou à constituer
Tout ce qui précède dans son acceptation la plus large
Tout ce qui précède pour autant qu'il s'agisse d'activités n'exigeant pas de compétences ou d'autorisations particulières à moins que la société ne les ait préalablement acquises et en général pour autant qu'il ne s'agisse pas d'activités réglementées à moins que la société réussisse les conditions d'exercice
La société peut exercer toutes missions d'administration ainsi qu'un mandat ou une fonction dans d'autres sociétés notamment comme administrateur,gérant,directeur ou liquidateur
La société agit pour son propre compte,en consignation,en tant que commissionnaire,comme intermédiaire,ou comme représentant
La société peut prendre une participation dans toutes sociétés qui concourent à la réalisation d'un objet social identique ou du moins proche ou qui pourrait faciliter la réalisation de l'objet social
La société peut fournir des garanties réelles ou personnelles au profit de tiers
La sociétés peut en règle générale poser tous actes tant civils que commerciaux,de nature mobilière,immobilière ou même financière,en relation avec l'objet social
La société pourra s’intéresser par toutes voies dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue ou connexe au sien,ou qui serait de nature à favoriser le développement de son entreprise