ARTFEX
ActiveARTFEX has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €336k and a net result of €42k. Equity is growing by ~119.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-7
Solvency94▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.51 in 2023; short-term debt: 31.2% and cash: 49.4% of total assets), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
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
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
49 d early
2022
30 d early
2021
18 d early
2020
17 d late
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€336k▲ 14.3%
2023 · €293k
2018: €6k
2019: €7k
2020: €8k
2021: €105k
2022: €235k
2023: €293k
2018 → 2024
Total assets
€488k▲ 19.5%
2023 · €408k
2018: €30k
2019: €51k
2020: €71k
2021: €274k
2022: €461k
2023: €408k
2018 → 2024
Net result
€42k▼ 28.3%
2023 · €59k
2018: €109
2019: €197
2020: €1k
2021: €98k
2022: €130k
2023: €59k
2018 → 2024
Working capital
€136k▲ 132%
2023 · €59k
2018: €-12k
2019: €-18k
2020: €-47k
2021: €-30k
2022: €25k
2023: €59k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€105k▲ 1,250%€235k▲ 123%€293k▲ 25.0%€336k▲ 14.3%
Operating result€1k-€123k▲ 9,821%€181k▲ 46.8%€86k▼ 52.6%€64k▼ 25.8%
Net result€1k-€98k▲ 8,125%€130k▲ 32.8%€59k▼ 54.7%€42k▼ 28.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €488k
Fixed assets
€200k▼ 15.1%
Current assets
€288k▲ 66.7%
Equity and liabilities €488k
Equity
€336k▲ 14.3%
Debt
€153k▲ 32.8%
The debt ratio rises from 28.1% to 31.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€184k▲
2023 · €175k
Cash flow
€163k▲
2023 · €148k
Solvency
68.7%▼
2023 · 71.9%
Current ratio
1.89▲
2023 · 1.51
Quick ratio
1.89▲
2023 · 1.51
Debt / equity
0.45▲
2023 · 0.39
ROE
12.5%▼
2023 · 20.0%
ROA
8.6%▼
2023 · 14.4%
Interest coverage
161.52▼
2023 · 535.80
Debt
€153k▲
2023 · €115k
Debt ≤ 1 year
€152k▲
2023 · €114k
Income taxes
€21k▼
2023 · €28k
Staff costs
€53k▲
2023 · €43k
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€408k€488k▲
Fixed assets21/28€236k€200k▼
Intangible fixed assets21€1k€264▼
Tangible fixed assets22/27€235k€200k▼
Land and buildings22€3k€3k=
Plant, machinery and equipment23€136k€125k▼
Furniture and vehicles24€96k€72k▼
Other tangible fixed assets26€159€24▼
Current assets29/58€173k€288k▲
Amounts receivable within one year40/41€34k€27k▼
Trade receivables40€31k€21k▼
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€128k€241k▲
Deferred charges and accrued income490/1€10k€20k▲
Equity and liabilities
Total equity and liabilities10/49€408k€488k▲
Equity10/15€293k€336k▲
Contributions10/11€6k€6k=
Reserves13€286k€328k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€286k€328k▲
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€115k€153k▲
Amounts payable within one year42/48€114k€152k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€20k€25k▲
Taxes450/3€10k€17k▲
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€93k€125k▲
Accrued charges and deferred income492/3€698€525▼
Income statement
Code20232024
Remuneration, social security and pensions62€43k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€121k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€220k€238k▲
Operating profit (loss)9901€86k€64k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€326€1k▲
Recurring financial charges65€326€1k▲
Profit (loss) for the period before taxes9903€87k€64k▼
Income taxes67/77€28k€21k▼
Profit (loss) for the period9904€59k€42k▼
Profit (loss) for the period to be appropriated9905€59k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€44k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer to equity691/2€59k€42k▼
To other reserves6921€59k€42k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €130k ▲32.8%
Operating result €181k, net result €130k, both a record.
31-12
Financial
Equity above €200kEq €235k ▲123%
5 profitable years in a row build equity to €235k.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €105k ▲1250%
4 profitable years in a row build equity to €105k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2021
Resigned as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2014
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.
Vossekotstraat 619100 Sint-NiklaasGround area
2,850 m²
Building footprint
306 m²
Volume, LiDAR
1,334 m³
Parcel 46446B1338/00H002, Flanders · tallest building 20.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Studio Artfex
since 20142.227.367.250
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446B1338/00H002 | Flanders | 2,850 m² | 1 · 306 m² | 20.3 m · 1 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
Flemish government
2022 to 2023 · 3 entries · 581 EUR awarded · 851 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 500 EUR | 770 EUR |
| 2022 | 1 | 81 EUR | 81 EUR |
Schemes
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
5 live approvals · 2 endedAssistent podiumtechnicus (vwo)
Podiuminstallaties duaal (so)
Podiumtechnicus (vwo)
Podiumtechnicus duaal (so)
Podiumtechnieken duaal (so)
Similar companies · same sector, comparable size
CINE QUA NON
BE 0438.531.852
Beersel · Eq €336k
AB SOUND
BE 1018.261.458
Opwijk · Eq €334k
THE SEQUEL
BE 0478.243.454
Aalst · Eq €339k
OPEN HOUSE
BE 0892.821.850
Denderleeuw · Eq €331k
CULTUURCENTRUM STROMBEEK/GRIMBERGEN
BE 0408.473.433
Grimbergen · Eq €331k
Of 3,398 companies in sector 90393 we hold annual accounts for 939. 661 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2014
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.