ARTEMIS
ActiveThe annual accounts of ARTEMIS for fiscal year 2024 show a net loss of 60% of the equity at the start of that year. The 2024 annual accounts show equity of €8k and a net result of €-13k. Equity is shrinking by ~20.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 17% of 9517 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▼-2
Solvency30▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.84 against 1.18 in 2023; short-term debt: 15% and cash: 0.5% of total assets), and 94.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
5.4%
Return on assets
-8.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-13k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9517 sector peers (2024).
NBB · sector comparisonPosition among 9517 sector peers
Solvency
better than 17%
← weakest
strongest →
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
32 d late
2021
31 d late
2020
30 d late
2019
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€0
Total assets
€153k▼ 9.1%
2023 · €168k
2018: €58k
2019: €59k
2020: €64k
2021: €192k
2022: €180k
2023: €168k
2018 → 2024
Net result
€-13k▼ 1.3%
2023 · €-12k
2018: €7k
2019: €5k
2020: €4k
2021: €-13k
2022: €-9k
2023: €-12k
2018 → 2024
Working capital
€-4k
2023 · €5k
2018: €46k
2019: €50k
2020: €53k
2021: €27k
2022: €21k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€55k-€42k▼ 23.9%€33k▼ 20.7%€21k▼ 37.4%€8k▼ 60.4%
Operating result€8k-€-10k€-5k▲ 48.8%€-9k▼ 75.3%€-10k▼ 11.8%
Net result€4k-€-13k€-9k▲ 33.9%€-12k▼ 42.9%€-13k▼ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2024 against €9k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €153k
Fixed assets
€133k▼ 3.2%
Current assets
€19k▼ 36.1%
Equity and liabilities €153k
Equity
€8k▼ 60.4%
Debt
€144k▼ 1.8%
The debt ratio rises from 87.6% to 94.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2023 · €-933
Cash flow
€-8k▼
2023 · €-5k
Solvency
5.4%▼
2023 · 12.4%
Current ratio
0.84▼
2023 · 1.18
Quick ratio
0.84▼
2023 · 1.18
Debt / equity
17.53▲
2023 · 7.07
ROE
-152.7%▼
2023 · -59.6%
ROA
-8.2%▼
2023 · -7.4%
Interest coverage
-1.57▼
2023 · -0.25
Debt
€144k▼
2023 · €147k
Debt ≤ 1 year
€23k▼
2023 · €25k
Debt > 1 year
€121k▼
2023 · €122k
Staff costs
€24
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€168k€153k▼
Fixed assets21/28€138k€133k▼
Tangible fixed assets22/27€138k€133k▼
Land and buildings22€138k€133k▼
Plant, machinery and equipment23€190-
Current assets29/58€30k€19k▼
Amounts receivable within one year40/41€19k€18k▼
Trade receivables40€15k€18k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€11k€813▼
Equity and liabilities
Total equity and liabilities10/49€168k€153k▼
Equity10/15€21k€8k▼
Contributions10/11€6k€6k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-4k€-17k▼
Amounts payable17/49€147k€144k▼
Amounts payable after more than one year17€122k€121k▼
Financial debts170/4€122k€121k▼
Amounts payable within one year42/48€25k€23k▼
Current portion of amounts payable after more than one year42€6k-
Trade debts44€1k€800▼
Suppliers440/4€1k€800▼
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€6k€9k▲
Other amounts payable47/48€11k€11k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€24
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8€868€800▼
Gross operating margin9900€-65€-4k▼
Operating profit (loss)9901€-9k€-10k▼
Financial income75/76B-€193
Recurring financial income75-€193
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-12k€-13k▼
Income taxes67/77€217-
Profit (loss) for the period9904€-12k€-13k▼
Profit (loss) for the period to be appropriated9905€-12k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-17k▼
Profit (loss) brought forward from the previous period14P€8k€-4k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-13k ▼407%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ans · 1 establishment unit since 1994
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.
Rue de Fêchereux 364432 AnsGround area
5,747 m²
Building footprint
1,368 m²
Volume, LiDAR
13,442 m³
Parcel 62117A1024/00L000, Wallonia · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Fêchereux 36, 4432 Ans
since 19942.066.831.458
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62117A1024/00L000 | Wallonia | 5,747 m² | 1 · 1,368 m² | 14.6 m · 3 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.
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Of 11,216 companies in sector 82100 we hold annual accounts for 3,512. 1,680 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-1994
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.