Skip to content

ArtElek

Active
Private limited companyfounded 2021active for 5 yearsItterbeek 75, 2570 Duffel, BelgiumKBO/BCE: BE 0775.553.897
Summary

The computed 12-month bankruptcy probability of ArtElek is 9.7% (elevated). The 2022 annual accounts show equity of €9,665 and a net result of -€335. Its solvency ranks better than 29% of 30,368 sector peers (NACE 43, financial year 2022). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€36,976total assets 2022
Equity
€9,665
Loss
-€335
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
9.7%
2022 figures too old to score
Structure
Accounts filed 2 days late0 of 1 deed read
Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 2 days lateFigures for financial year 2022 (filed 08-05-2023)No filing in 24 months (latest 08-05-2023)Liquidity: current ratio 1.13neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Financial strength, FY 2022
Average
Solvency 51
equity 26.1% of total assets
Liquidity 48
short-term debt 51.8%
Profitability 61
return on assets -0.9%
Bankruptcy probability, 12 months
9.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 8.2% 12-2024: 8.4%▲ +0.2 percentage points vs 11-2024 01-2025: 7.7%▼ -0.7 percentage points vs 12-2024 02-2025: 7.7%● unchanged vs 01-2025 03-2025: 7.5%▼ -0.2 percentage points vs 02-2025lowest value 04-2025: 7.5%● unchanged vs 03-2025lowest value 05-2025: 9.0%▲ +1.5 percentage points vs 04-2025 06-2025: 10.5%▲ +1.5 percentage points vs 05-2025highest value 07-2025: 10.5%● unchanged vs 06-2025highest value 08-2025: 10.5%● unchanged vs 07-2025highest value 09-2025: 10.5%● unchanged vs 08-2025highest value 10-2025: 10.4%▼ -0.1 percentage points vs 09-2025 11-2025: 10.4%● unchanged vs 10-2025 12-2025: 10.4%● unchanged vs 11-2025 01-2026: 10.4%● unchanged vs 12-2025 02-2026: 10.4%● unchanged vs 01-2026 03-2026: 10.4%● unchanged vs 02-2026 04-2026: 10.4%● unchanged vs 03-2026 05-2026: 9.9%▼ -0.5 percentage points vs 04-2026 06-2026: 9.9%● unchanged vs 05-2026 07-2026: 9.9%● unchanged vs 06-2026 08-2026: 9.9%● unchanged vs 07-2026 09-2026: 9.9%● unchanged vs 08-2026 10-2026: 9.7%▼ -0.2 percentage points vs 09-2026
Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises riskneutral
raises risk · 3 financial years not filed after the legal deadline; latest accounts 2 days late
NBB · filings
raises risk · Figures for financial year 2022 (filed 08-05-2023)
NBB · annual accounts
raises risk · No filing in 24 months (latest 08-05-2023)
NBB · filings
raises risk · Liquidity: current ratio 1.13
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 02-05-2023, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2022
2 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 2 days after the deadline; the sector median (NACE 43) for financial year 2022 is 1 day before the deadline, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Caution: Among the weakest 16% on equitysector median €56,531 · 30,387 companies €9,665 View
  • Active since 2021founded 11-10-2021 5 years View
  • Total assets 2022first financial year filed €36,976 View

By topic

Financials

Financial year
2022
Total assets
€36,976
Loss
-€335
Solvency
26.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
11-10-2021
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.