ARTEMIS & Co
ActiveSummary
ARTEMIS & Co has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €346,434 and a net result of -€47,462. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 11,189 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €346,434
- Loss
- -€47,462
- Christophe HUARTDirector
- Anne SNELLINGSDirector
Why 87raises riskLoss of €47,462, the second in a row (financial year 2025)Liquidity: current ratio 1.09, cash €12,292, halvedlowers riskSize: total assets €559,067Figures for financial year 2025 (filed 24-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 72% on solvency, 61% on liquidity, 12% on profitability and 29% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€47,462
- PurposePurpose change · Amendment of…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €46,978 in 2025 against €21,160 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €15,156 | €14,042 | €507,888 | €381 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €111,980 | €104,860 | €35,846 | €167 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €86,528 | €83,980 | €71,119 | €72,398 | €73,212 | €58,042 | €30,788 | €39,243 | ▲ 27.5% |
| Other operating charges640/8 | - | - | - | €10,389 | €8,536 | €5,628 | €3,159 | €3,345 | ▲ 5.9% |
| Non-recurring operating charges66A | - | - | - | €28,921 | - | €34,004 | €1,578 | - | - |
| Gross operating margin9900 | €277,594 | €243,765 | €258,963 | €254,607 | €232,447 | €584,089 | €14,532 | -€4,390 | - |
| Operating profit (loss)9901 | €43,413 | €10,987 | €69,733 | €30,919 | €45,840 | €450,569 | -€21,160 | -€46,978 | ▼ 122% |
| Financial income75/76B | - | - | - | €1,158 | €303 | €1,049 | - | €385 | - |
| Recurring financial income75 | €327 | - | €99 | €1,158 | €303 | €1,049 | - | €385 | - |
| Financial charges65/66B | - | - | - | €12,332 | €12,835 | €9,165 | €8,064 | €6,351 | ▼ 21.2% |
| Recurring financial charges65 | €18,934 | €18,408 | €15,404 | €12,332 | €12,835 | €9,165 | €8,064 | €6,351 | ▼ 21.2% |
| Profit (loss) for the period before taxes9903 | €24,806 | -€9,158 | €54,428 | €19,745 | €33,307 | €442,454 | -€29,223 | -€52,944 | ▼ 81.2% |
| Transfer from deferred taxes780 | - | - | - | - | - | €9,008 | €3,551 | €5,686 | ▲ 60.1% |
| Transfer to deferred taxes680 | - | - | - | - | - | €118,777 | - | - | - |
| Income taxes67/77 | €11,893 | €6,232 | €21,780 | €12,782 | €13,879 | €3,759 | €201 | €204 | ▲ 1.6% |
| Profit (loss) for the period9904 | €12,913 | -€15,389 | €32,649 | €6,964 | €19,429 | €328,926 | -€25,873 | -€47,462 | ▼ 83.4% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €27,023 | €10,654 | €17,058 | ▲ 60.1% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €356,331 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €12,913 | -€15,389 | €32,649 | €6,964 | €19,429 | -€382 | -€15,219 | -€30,403 | ▼ 99.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €638,838 | €525,569 | €425,290 | €400,853 | €363,641 | €707,504 | €601,965 | €559,067 | ▼ 7.1% |
| Fixed assets21/28 | €360,763 | €275,897 | €198,900 | €200,074 | €137,587 | €357,666 | €426,685 | €500,127 | ▲ 17.2% |
| Intangible fixed assets21 | €195,817 | €151,841 | €107,864 | €63,888 | €19,892 | - | - | - | - |
| Tangible fixed assets22/27 | €159,142 | €121,431 | €88,411 | €133,561 | €115,070 | €355,426 | €424,445 | €499,387 | ▲ 17.7% |
| Land and buildings22 | - | - | - | €67,337 | €57,344 | €339,721 | €392,178 | €426,604 | ▲ 8.8% |
| Plant, machinery and equipment23 | - | - | - | €432 | €864 | €488 | €14,352 | €12,144 | ▼ 15.4% |
| Furniture and vehicles24 | - | - | - | €65,792 | €56,862 | €15,217 | €15,256 | €58,628 | ▲ 284% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €2,659 | €2,011 | ▼ 24.4% |
| Financial fixed assets28 | €5,804 | €2,625 | €2,625 | €2,625 | €2,625 | €2,240 | €2,240 | €740 | ▼ 67.0% |
| Current assets29/58 | €278,075 | €249,672 | €226,390 | €200,779 | €226,054 | €349,838 | €175,280 | €58,939 | ▼ 66.4% |
| Amounts receivable within one year40/41 | - | €11,983 | €15,646 | €1,412 | €7,789 | €6,786 | €17,309 | €45,222 | ▲ 161% |
| Other amounts receivable41 | - | - | - | €1,412 | €7,789 | €6,786 | €17,309 | €45,222 | ▲ 161% |
| Current investments50/53 | €114,692 | €101,030 | €80,961 | €61,632 | €40,620 | €20,416 | €23 | - | - |
| Cash at bank and in hand54/58 | €123,013 | €99,585 | €87,692 | €100,377 | €136,486 | €319,297 | €157,518 | €12,292 | ▼ 92.2% |
| Deferred charges and accrued income490/1 | - | - | - | €37,358 | €41,158 | €3,339 | €429 | €1,425 | ▲ 232% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €638,838 | €525,569 | €425,290 | €400,853 | €363,641 | €707,504 | €601,965 | €559,067 | ▼ 7.1% |
| Equity10/15 | €161,594 | €98,327 | €111,975 | €110,939 | €92,368 | €401,293 | €382,523 | €346,434 | ▼ 9.4% |
| Contributions10/11 | €20,972 | €20,972 | - | €20,972 | €20,972 | €20,972 | €20,972 | €20,972 | = |
| Reserves13 | €137,201 | €91,746 | €105,246 | €104,046 | €85,446 | €394,754 | €391,203 | €385,517 | ▼ 1.5% |
| Non-distributable reserves130/1 | - | - | - | €3,337 | €3,337 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3,337 | €3,337 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | €329,308 | €325,757 | €320,070 | ▼ 1.7% |
| Distributable reserves133 | - | - | - | €100,709 | €82,109 | €65,446 | €65,446 | €65,446 | = |
| Profit (loss) carried forward14 | €3,422 | -€14,392 | -€14,243 | -€14,079 | -€14,050 | -€14,433 | -€29,652 | -€60,055 | ▼ 103% |
| Provisions and deferred taxes16 | - | - | - | - | - | €109,769 | €99,115 | €82,057 | ▼ 17.2% |
| Deferred taxes168 | - | - | - | - | - | €109,769 | €99,115 | €82,057 | ▼ 17.2% |
| Amounts payable17/49 | €477,243 | €427,242 | €313,314 | €289,913 | €271,273 | €196,441 | €120,326 | €130,576 | ▲ 8.5% |
| Amounts payable after more than one year17 | €345,039 | €253,778 | €181,053 | €195,841 | €161,601 | €110,245 | €83,883 | €76,272 | ▼ 9.1% |
| Financial debts170/4 | - | - | - | €195,841 | €161,601 | €110,245 | €83,883 | €76,272 | ▼ 9.1% |
| Amounts payable within one year42/48 | €132,205 | €173,465 | €132,261 | €94,073 | €109,672 | €86,114 | €36,443 | €54,304 | ▲ 49.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €33,111 | €34,239 | €24,827 | €26,362 | €32,611 | ▲ 23.7% |
| Trade debts44 | €9,947 | €12,498 | - | €3,362 | €10,400 | €24,839 | €6,149 | €16,469 | ▲ 168% |
| Suppliers440/4 | - | - | - | €3,362 | €10,400 | €24,839 | €6,149 | €16,469 | ▲ 168% |
| Taxes, remuneration and social security45 | - | - | - | €49,999 | €28,933 | €19,323 | €3,933 | €224 | ▼ 94.3% |
| Taxes450/3 | - | - | - | €34,901 | €15,675 | €19,323 | €3,933 | €224 | ▼ 94.3% |
| Remuneration and social security454/9 | - | - | - | €15,098 | €13,258 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €7,600 | €36,100 | €17,125 | - | €5,000 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €83 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,913 | -€15,389 | €32,649 | €6,964 | €19,429 | €328,926 | -€25,873 | -€47,462 | ▼ 83.4% |
| + Depreciation and write-downs630 | €86,528 | €83,980 | €71,119 | €72,398 | €73,212 | €58,042 | €30,788 | €39,243 | ▲ 27.5% |
| Operating cash flow (approximation) | €99,440 | €68,591 | €103,768 | €79,362 | €92,640 | €386,968 | €4,916 | -€8,219 | - |
| Investment in fixed assets (approximation) | - | €885 | €5,877 | -€73,571 | -€10,725 | -€278,121 | -€99,807 | -€112,685 | ▼ 12.9% |
| Change in cash | - | -€23,428 | -€11,894 | €12,685 | €36,109 | €182,811 | -€161,779 | -€145,225 | ▲ 10.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-07-2026 | 2026-00325181 |
| 31-12-2024 | full format | 24-07-2025 | 2025-00302265 |
| 31-12-2023 | full format | 29-07-2024 | 2024-00295555 |
| 31-12-2022 | full format | 07-06-2023 | 2023-00110404 |
| 31-12-2021 | full format | 19-08-2022 | 2022-20308315 |
| 31-12-2020 | full format | 04-06-2021 | 2021-17500412 |
| 31-12-2019 | full format | 14-08-2020 | 2020-41200321 |
| 31-12-2018 | full format | 02-07-2019 | 2019-29300445 |
| 31-12-2017 | full format | 30-07-2018 | 2018-39900571 |
| 31-12-2016 | full format | 16-08-2017 | 2017-44000536 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Anne SNELLINGS |
|
| Christophe HUART |
|
| Didier VANDEN BROECK |
|
Owners and capital
Capital and shareholders
- 20-07-2023 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
08-12
Gazette deed
PurposePurpose change · Amendment of the articles · Power of attorney5 facts ▸
- General meeting, 01-12-2025, “assemblée générale extraordinaire des associés” (deed in French)
- Other provision, “rapport justification modification objet et dispense lecture et annexe, unanimité dispense président donner lecture rapport” (deed in French)
- Purpose change
- Amendment of the articles
- Power of attorney
20-07
Gazette deed
Resignations: Anne SNELLINGS (director) and Didier VANDEN BROECK (director)Reappointment: Anne SNELLINGS (director) · Appointment: Christophe HUART (director) · Name change18 facts ▸
- General meeting, “extraordinaire, assemblée générale extraordinaire des associés” (deed in French)
- Name change, ARTEMIS & Co
- Other provision, “rapport modification objet social, justification détaillée de la modification proposée” (deed in French)
- Purpose change
- Registered-office move, 6940 Durbuy(Barvaux-sur-Ourthe),Bohon,13
- Capital conversion, “suppression, rendre ces fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital
- Director resignation, Anne SNELLINGS (director)
- Director resignation, Didier VANDEN BROECK (director)
- Director discharge, Anne SNELLINGS
- +6 further facts in this act
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0876.136.167
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 83004A0204/00G000 | Wallonia | 2,117 m² | 1 · 22 m² | - |
| 83034B0570/00E013 | Wallonia | 207 m² | 1 · 101 m² | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ARTEMIS & Co
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne/de Bruxelles-Capitale, simple décision” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, organe d'administration” (deed in French)“Portée aux frais généraux,indépendamment frais représentation voyages déplacements, si mandat exercé gratuitement ou non” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement au nombre d’actions acquises, tous cas de cessions…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par assemblée délibérant formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)