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ARTEK GROUP

Active
Private limited companyfounded 1999active for 27 yearsRue des Métiers 10, 4400 Flémalle, BelgiumKBO/BCE: BE 0465.924.256
Summary

ARTEK GROUP has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €779,749 and a net result of €308,805. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 9,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Joinery installation
NACE 43320
8th largest company by total assets in Flémalle, Construction sector1 site
Size
€7.7mturnover 2025
Staff
13.7 FTE
Equity
€779,749
Profit
€308,805
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
ARCO HOLDING · 100%
Accounts 23 days early0 of 9 deeds read
Why 66raises riskLiquidity: current ratio 1.30, cash €82,8681 of the last 3 lateEquity €779,749 (18.6% of total assets)Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 39% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Weak
Solvency 44-5
equity 18.6% of total assets
Liquidity 16-5
short-term debt 69.1% · cash 2.0%
Profitability 68-20
return on assets 7.3%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,644 companies, NACE 43, small)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.4 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 1.0%● unchanged vs 08-2026highest value 10-2026: 1.0%● unchanged vs 09-2026highest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.3, compared with 1.33 in 2024; short-term debt: 69.1% and cash: 2% of total assets), and 81.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 20% on solvency, 7% on liquidity, 36% on profitability and 94% on growth.

The bankruptcy probability was computed on 11-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.30, cash €82,868
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Equity €779,749 (18.6% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9590 sector peers (2025).
NBB · sector comparison
Position among 9590 sector peers
Solvency
better than 19%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1920212223232425
2019 to 2025 · latest year €779,749
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
58 days early
2023
56 days late
2023
8 days late
2022
40 days early
2021
44 days early
2020
38 days early
← 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 20 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (3 of the last 3 filed years within 80 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2019 to 2025net €308,805 ▲2.4%
  3. Equity above €500,000equity €779,749 ▲64.5%

Key points

  • Positive: Among the best 8% on net resultsector median €27,689 · 9,583 companies €308,805 View
  • Positive: Equity rose in 2025from €473,952 to €779,749 ▲ 64.5% View
  • Controlled by ARCO HOLDINGultimately: JANA MR 100% View

By topic

Financials

Financial year
2025
Turnover
€7.7m
Profit
€308,805
Solvency
18.6%
Go to Financials

Timeline

Events
34
Since
2001
Next accounts
by 31-07-2027
  1. 03-06-2025Annual accounts filed
  2. 31-12-2024Equity above €200,000
  3. 25-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
07-05-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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