Equity
€84,836 from €160,200 in 2024
Equity fell by 47% in 1 year.
ARTEM
Lifetime
15 annual accounts with figures on one time axispeak €72,221 (2022)
-€9,796▼ €71,639
lowest -€75,363 (2025)
-€75,363▼ €97,992
peak €160,200 (2024)
€84,836▼ 47.0%
€1.4m▲ 44.8%
peak 1.5 FTE (2011)
-not published
Board3 names since 2021
2 directors and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €61,843 to -€9,796Loss of €75,363Resignation: (director) 31-12Equity from €160,200 to €84,836Debts from €984,332 to €1.4mInvestments €395,239
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Key points
from the 2025 annual accountsResult
-€75,363 -€75,363
From profit to loss in 2025, after a profit of €22,629 in 2024.
Debts
€1.4m 94% of the balance sheet
Financial debts 60%Suppliers 8%Other 32%
Of this, €564,058 falls due within a year.
Investments
€395,239 12.2 × depreciation
Green is investment, beige is depreciation. Machinery stands 60.8% higher than in 2024.
Filings
15 annual accounts since 2011
Eight of the last ten came late. The 2021 accounts came latest: 141 days after the end of the period.
Position in the sector
-€75,363
Lower net result than 95% of companies in food and beverage service. Sector median €4,883 · 17,138 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 912 companies had the same profile as ARTEM has now. Each dot stands for 3 companies, two years later.
95.3%
were still trading
2.1%
stopped another way
2.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 912 companies, not a prediction for ARTEM. 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
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Signals
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Recent changes
Resignation: (director)
General meeting of 01-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0832270787
3 directors appointed
, and · Gazette deed
First establishment
LE BELVEDERE, Rue du Belvedere 5, Profondeville
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARTEM Profondeville | €1.5m | -€9,796 | 5.6% | - |
| MAMMA ROMA GROUP Gembloux | €1.4m | -€199,923 | -1380.4% | 11.9 |
| AMEL MITTE Amblève | €1.7m | -€16,298 | 34.0% | - |
| Isalie Deinze | €1.1m | -€22,160 | -9.0% | - |
| HUIS 3.6.9 Schelle | €1.6m | -€54 | -21.8% | - |
| INNOVATIVE FOOD CONCEPT Watermael-Boitsfort | €1.1m | -€44,243 | 87.1% | - |
| PARC AVENUE Evere | €1.0m | -€11,911 | 1.4% | - |
These companies have the same main activity as ARTEM: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €1m and €1.7m, founded between 2007 and 2015.
Official details
Source: KBO- Status
- Active since 28-12-2010Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.218.275.6775170 Profondeville, since 24-01-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 18-07-2025
Insights on ARTEM
ARTEM files the micro format. That format states no turnover. The gross margin fell from €69,968 in 2011 to -€9,796 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARTEM
- What is the company number of ARTEM?
- The company number of ARTEM is 0832.270.787. The VAT number is the same number with BE in front: BE 0832.270.787.
- Where is ARTEM based?
- The registered office is at Rue du Belvedere 5, 5170 Profondeville.Company details
- What does ARTEM do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of ARTEM?
- ARTEM is a private limited company (BV).
- When was ARTEM founded?
- ARTEM was founded on 28-12-2010.
- Is ARTEM still active?
- Yes, ARTEM is an active enterprise in the KBO register.
- What is the turnover of ARTEM?
- The annual accounts for financial year 2025 state no turnover. In financial year 2019 turnover was €84,040.Financials
- Is ARTEM profitable?
- In financial year 2025, ARTEM made a loss of €75,363.
- Where can I find the annual accounts of ARTEM?
- ARTEM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARTEM due?
- ARTEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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