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ARTEMIX

Active
Private limited companyfounded 201511 yrs activeAvenue Nobel 5, 1300 Wavre, BelgiumKBO/BCE: BE 0598.751.108

ARTEMIX has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €178k and a net result of €85k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
74 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+4
Solvency50▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.09 in 2023; short-term debt: 26.2% and cash: 8.5% of total assets), and 75.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
62 d late
2022
27 d early
2021
34 d early
2020
33 d early
2019
8 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€178k▲ 90.8%
2023 · €93k
2018: €37k 2019: €60k 2020: €63k 2021: €143k 2022: €95k 2023: €93k
2018 → 2024
Total assets
€724k▲ 5.0%
2023 · €689k
2018: €134k 2019: €181k 2020: €160k 2021: €201k 2022: €223k 2023: €689k
2018 → 2024
Net result
€85k▲ 52.7%
2023 · €55k
2018: €59 2019: €14k 2020: €2k 2021: €80k 2022: €-31k 2023: €55k
2018 → 2024
Working capital
€56k▲ 146%
2023 · €23k
2018: €25k 2019: €34k 2020: €43k 2021: €136k 2022: €78k 2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€63k-€143k▲ 129%€95k▼ 33.8%€93k▼ 1.6%€178k▲ 90.8%
Operating result€3k-€101k▲ 2,971%€-30k€74k€126k▲ 69.5%
Net result€2k-€80k▲ 3,626%€-31k€55k€85k▲ 52.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2020: €3k€3kNet result 2020: €2k€2kOperating result 2021: €101k€101kNet result 2021: €80k€80kOperating result 2022: €-30k€-30kNet result 2022: €-31k€-31kOperating result 2023: €74k€74kNet result 2023: €55k€55kOperating result 2024: €126k€126kNet result 2024: €85k€85k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 70% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €724k
Fixed assets €478k▲ 15.1%
Current assets €246k▼ 10.3%
Equity and liabilities €724k
Equity €178k▲ 90.8%
Debt €546k▼ 8.4%
The debt ratio falls from 86.5% to 75.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€156k
2023 · €93k
Cash flow
€115k
2023 · €74k
Solvency
24.6%
2023 · 13.5%
Current ratio
1.30
2023 · 1.09
Quick ratio
1.30
2023 · 1.09
Debt / equity
3.07
2023 · 6.39
ROE
47.6%
2023 · 59.5%
ROA
11.7%
2023 · 8.0%
Interest coverage
12.34
2023 · 11.74
Debt
€546k
2023 · €596k
Debt ≤ 1 year
€190k
2023 · €251k
Debt > 1 year
€356k
2023 · €342k
Income taxes
€29k
2023 · €11k
Staff costs
€15k
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€689k€724k
Fixed assets21/28€415k€478k
Tangible fixed assets22/27€415k€478k
Land and buildings22€370k€388k
Plant, machinery and equipment23€24k€74k
Furniture and vehicles24€21k€15k
Other tangible fixed assets26€32-
Financial fixed assets28€300€300=
Current assets29/58€274k€246k
Amounts receivable within one year40/41€180k€181k
Trade receivables40€173k€181k
Other amounts receivable41€7k-
Cash at bank and in hand54/58€92k€62k
Deferred charges and accrued income490/1€2k€3k
Equity and liabilities
Total equity and liabilities10/49€689k€724k
Equity10/15€93k€178k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€73k€157k
Amounts payable17/49€596k€546k
Amounts payable after more than one year17€342k€356k
Financial debts170/4€342k€356k
Amounts payable within one year42/48€251k€190k
Current portion of amounts payable after more than one year42€20k€25k
Trade debts44€158k€126k
Suppliers440/4€158k€126k
Taxes, remuneration and social security45€33k€38k
Taxes450/3€33k€34k
Remuneration and social security454/9-€3k
Other amounts payable47/48€40k€412
Accrued charges and deferred income492/3€3k-
Income statement Code20232024
Remuneration, social security and pensions62-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€31k
Other operating charges640/8€51k€2k
Gross operating margin9900€144k€174k
Operating profit (loss)9901€74k€126k
Financial income75/76B€82€178
Recurring financial income75€82€178
Financial charges65/66B€8k€13k
Recurring financial charges65€8k€13k
Profit (loss) for the period before taxes9903€66k€113k
Income taxes67/77€11k€29k
Profit (loss) for the period9904€55k€85k
Profit (loss) for the period to be appropriated9905€55k€85k
Appropriation of the result
Profit (loss) to be appropriated9906€130k€157k
Profit (loss) brought forward from the previous period14P€74k€73k
Profit to be distributed694/7€57k-
Return on contributions (dividend)694€57k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €85k ▲52.7%
Operating result €126k, net result €85k, both a record.
31-12
Financial Equity above €150kEq €178k ▲90.8%
2 profitable years in a row build equity to €178k.
01-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
31-12
Financial Back to profitnet €55k
Net result €55k after one loss-making year.
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-31k ▼139%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity doublescurrent ratio 3.34
Current ratio from 1.49 to 3.34; short-term debt falls from €88k to €58k.
31-12
Financial Equity above €100kEq €143k ▲129%
4 profitable years in a row build equity to €143k.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 17 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, Wavre · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Avenue Nobel 51300 Wavre
Ground area
618 m²
Building footprint
385 m²
Volume, LiDAR
2,212 m³
Parcel 25112B0051/00W002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTEMIX
Avenue Nobel 5, 1300 WavreWholesale of electrical household appliances and audio-video equipment
since 20152.241.147.386
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112B0051/00W002 Wallonia 618 m² 1 · 385 m² 7.5 m · 2 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.

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 · 2 entries · 25,000 EUR in total
Year Entries paid
2021 2 25,000 EUR

Similar companies · same sector, comparable size

Of 3,399 companies in sector 90393 we hold annual accounts for 939. 734 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-02-2015
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
61200Telecommunications resale and intermediation services
61900Telecommunications
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:info@artemix.be
Enterprise