ARTECTA
ActiveThe computed 12-month bankruptcy probability of ARTECTA is 2.2% (moderate). The 2024 annual accounts show equity of €70k and a net result of €28k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 5895 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+29
Solvency54▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 0.82 in 2023; short-term debt: 53.2% and cash: 13.3% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
29.2%
Return on assets
11.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€70k▲ 65.4%
2023 · €42k
2020: €28k
2021: €43k
2022: €63k
2023: €42k
2020 → 2024
Total assets
€240k▲ 38.5%
2023 · €173k
2020: €101k
2021: €108k
2022: €198k
2023: €173k
2020 → 2024
Net result
€28k
2023 · €-20k
2020: €16k
2021: €14k
2022: €20k
2023: €-20k
2020 → 2024
Working capital
€16k
2023 · €-13k
2020: €-11k
2021: €310
2022: €35k
2023: €-13k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€43k▲ 50.5%€63k▲ 47.2%€42k▼ 32.4%€70k▲ 65.4%
Operating result€19k-€18k▼ 4.8%€27k▲ 50.5%€-17k€40k
Net result€16k-€14k▼ 10.0%€20k▲ 40.7%€-20k€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €40k after a loss of €17k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240k
Fixed assets
€96k▼ 14.1%
Current assets
€143k▲ 135%
Equity and liabilities €240k
Equity
€70k▲ 65.4%
Debt
€170k▲ 29.7%
The debt ratio falls from 75.5% to 70.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▲
2023 · €21k
Cash flow
€66k▲
2023 · €18k
Solvency
29.2%▲
2023 · 24.5%
Current ratio
1.12▲
2023 · 0.82
Quick ratio
0.99▲
2023 · 0.59
Debt / equity
2.42▼
2023 · 3.09
ROE
39.5%▲
2023 · -47.8%
ROA
11.6%▲
2023 · -11.7%
Interest coverage
33.38▲
2023 · 7.10
Debt
€170k▲
2023 · €131k
Debt ≤ 1 year
€128k▲
2023 · €74k
Debt > 1 year
€42k▼
2023 · €57k
Income taxes
€10k▲
2023 · €338
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€173k€240k▲
Fixed assets21/28€112k€96k▼
Tangible fixed assets22/27€112k€96k▼
Plant, machinery and equipment23€56k€59k▲
Furniture and vehicles24€51k€32k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€150€150=
Current assets29/58€61k€143k▲
Stocks and contracts in progress3€18k€18k=
Stocks30/36€18k€18k=
Amounts receivable within one year40/41€28k€92k▲
Trade receivables40€24k€92k▲
Other amounts receivable41€5k-
Cash at bank and in hand54/58€14k€32k▲
Deferred charges and accrued income490/1€867€2k▲
Equity and liabilities
Total equity and liabilities10/49€173k€240k▲
Equity10/15€42k€70k▲
Contributions10/11€12k€12k=
Reserves13€30k€58k▲
Distributable reserves133€30k€58k▲
Amounts payable17/49€131k€170k▲
Amounts payable after more than one year17€57k€42k▼
Financial debts170/4€57k€42k▼
Amounts payable within one year42/48€74k€128k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44-€48k
Suppliers440/4-€48k
Taxes, remuneration and social security45€10k€18k▲
Taxes450/3€10k€18k▲
Other amounts payable47/48€49k€46k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€38k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€23k€80k▲
Operating profit (loss)9901€-17k€40k▲
Financial income75/76B€201€8▼
Recurring financial income75€201€8▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-20k€38k▲
Income taxes67/77€338€10k▲
Profit (loss) for the period9904€-20k€28k▲
Profit (loss) for the period to be appropriated9905€-20k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€28k▲
Transfer from equity791/2€20k-
Transfer to equity691/2-€28k
To other reserves6921-€28k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-20k ▼201%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beringen · 1 establishment unit since 2019
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.
Tervantstraat 923583 BeringenGround area
2,259 m²
Building footprint
261 m²
Volume, LiDAR
1,319 m³
Parcel 71049B0013/00M000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTECTA
since 20192.287.137.561
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B0013/00M000 | Flanders | 2,259 m² | 1 · 261 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,210 EUR awarded · 3,210 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 3,210 EUR |
| 2024 | 1 | 3,210 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeringen2.287.137.561
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Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 3,642 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2019
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
01301Crop and animal production, hunting and related service activities
01420Raising of other cattle and buffaloes
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.