ArTELECOM
The computed 12-month bankruptcy probability of ArTELECOM is 1.8% (moderate). The 2024 annual accounts show equity of €32k and a net result of €-3k. Equity is shrinking by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 11047 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €32k |
| Net result | €-3k |
| Better than sector | 18% |
| Active | 13 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 12.3% | 40.9% | |
| Net result | €-3k | €11k | |
| Equity | €32k | €34k | |
| Gross operating margin | €80k | €35k | |
| Total assets | €263k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €64k |
| Net profit | €-3k |
| Cash flow | €9k |
| Staff costs | - |
| Income taxes | €78 |
| Dividends | - |
| Total assets | €263k |
| Equity | €32k |
| Debt | €231k |
| of which ≤ 1y | €219k |
| of which > 1y | €12k |
| Working capital | €-25k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.89 |
| Quick ratio | 0.89 |
| Working capital ratio | -9.5% |
| Solvency | 12.3% |
| Debt / equity | 7.11 |
| Long-term debt ratio | 0.37 |
| Interest coverage | 1.11 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.1% |
| ROE | -9.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €263k |
| Fixed assets | 21/28 | €70k |
| Tangible fixed assets | 22/27 | €62k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €193k |
| Amounts receivable within one year | 40/41 | €167k |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €263k |
| Equity | 10/15 | €32k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €51k |
| Accumulated profits (losses) | 14 | €-37k |
| Amounts payable | 17/49 | €231k |
| Amounts payable after one year | 17 | €12k |
| Amounts payable within one year | 42/48 | €219k |
| Trade debts payable within one year | 44 | €184k |
| Income statement | ||
| Gross operating margin | 9900 | €80k |
| Operating result | 9901 | €53k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €58k |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €78 |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
| NACE primary | Specialised construction(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 25-09-2012 |
| Status | Active |
| Postal code | 5520 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92067A0066/00F000 | Wallonia | 476 m² | 1 · 497 m² | 16.7 m · 4 fl. |
| 91103A0056/00F002 | Wallonia | 121 m² | 1 · 83 m² | 9.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
29-11-2023 Discharge granted to the board
Technical details
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"notary": {
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"firm_city": null,
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"office_city": "Dinant",
"is_associated": false
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"act_meta": {
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"pub_date": "2023-11-29",
"filing_date": "2023-11-27",
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{
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"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ArTELECOM |