ArtFlight
ActiveSummary
ArtFlight has been active since 1961 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €621,206 and a net result of -€13,374. Equity remains stable across the filed fiscal years (±1.1% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 7 accounts on average 26 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 8,616 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,072 | - | - | - |
| Other operating charges640/8 | €2,381 | - | - | - | - | - |
| Gross operating margin9900 | -€36,590 | -€16,825 | -€16,883 | -€20,728 | -€19,287 | ▲ 7.0% |
| Operating profit (loss)9901 | -€38,971 | -€16,825 | -€16,883 | -€20,728 | -€19,287 | ▲ 7.0% |
| Financial income75/76B | €230,487 | €9,820 | €8,265 | €15,165 | €13,752 | ▼ 9.3% |
| Recurring financial income75 | €225,625 | €9,820 | €8,265 | €1 | €13,752 | ▲ 1,656,796% |
| Non-recurring financial income76B | €4,862 | €9,820 | €8,265 | €15,164 | - | - |
| Financial charges65/66B | €5,342 | €7,586 | €4,701 | €5,879 | €7,839 | ▲ 33.3% |
| Recurring financial charges65 | €5,342 | €7,586 | €4,701 | €5,879 | €7,839 | ▲ 33.3% |
| Profit (loss) for the period before taxes9903 | €186,174 | -€14,591 | -€13,319 | -€11,442 | -€13,373 | ▼ 16.9% |
| Transfer from deferred taxes780 | €141,908 | - | - | - | - | - |
| Income taxes67/77 | €176,797 | - | €15,672 | €0 | €1 | ▲ 136% |
| Profit (loss) for the period9904 | €151,286 | -€14,591 | -€28,991 | -€11,442 | -€13,374 | ▼ 16.9% |
| Transfer from tax-exempt reserves789 | €275,592 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €426,878 | -€14,591 | -€28,991 | -€11,442 | -€13,374 | ▼ 16.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €866,400 | €851,810 | €646,022 | €634,580 | €621,606 | ▼ 2.0% |
| Current assets29/58 | €866,400 | €851,810 | €646,022 | €634,580 | €621,606 | ▼ 2.0% |
| Amounts receivable within one year40/41 | €122,655 | €150,087 | €173,573 | €225,807 | €288,526 | ▲ 27.8% |
| Other amounts receivable41 | €122,655 | €150,087 | €173,573 | €225,807 | €288,526 | ▲ 27.8% |
| Cash at bank and in hand54/58 | €733,766 | €691,743 | €462,470 | €398,794 | €323,101 | ▼ 19.0% |
| Deferred charges and accrued income490/1 | €9,979 | €9,979 | €9,979 | €9,979 | €9,979 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €866,400 | €851,810 | €646,022 | €634,580 | €621,606 | ▼ 2.0% |
| Equity10/15 | €689,604 | €675,013 | €646,022 | €634,580 | €621,206 | ▼ 2.1% |
| Contributions10/11 | €121,000 | €121,000 | €121,000 | €121,000 | €121,000 | = |
| Capital10 | €121,000 | €121,000 | €121,000 | €121,000 | €121,000 | = |
| Issued capital100 | €121,000 | €121,000 | €121,000 | €121,000 | €121,000 | = |
| Reserves13 | €112,681 | €112,681 | €112,681 | €112,681 | €112,681 | = |
| Non-distributable reserves130/1 | €12,100 | €12,100 | €12,100 | €12,100 | €12,100 | = |
| Legal reserve130 | €12,100 | €12,100 | €12,100 | €12,100 | €12,100 | = |
| Tax-exempt reserves132 | €42,524 | €42,524 | - | - | - | - |
| Distributable reserves133 | €58,057 | €58,057 | €100,581 | €100,581 | €100,581 | = |
| Profit (loss) carried forward14 | €455,923 | €441,332 | €412,341 | €400,899 | €387,525 | ▼ 3.3% |
| Amounts payable17/49 | €176,797 | €176,797 | - | - | €400 | - |
| Amounts payable within one year42/48 | €176,797 | €176,797 | - | - | €400 | - |
| Trade debts44 | - | - | - | - | €400 | - |
| Suppliers440/4 | - | - | - | - | €400 | - |
| Taxes, remuneration and social security45 | €176,797 | €176,797 | - | - | - | - |
| Taxes450/3 | €176,797 | €176,797 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €151,286 | -€14,591 | -€28,991 | -€11,442 | -€13,374 | ▼ 16.9% |
| Operating cash flow (approximation) | €151,286 | -€14,591 | -€28,991 | -€11,442 | -€13,374 | ▼ 16.9% |
| Change in cash | - | -€42,023 | -€229,274 | -€63,676 | -€75,693 | ▼ 18.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25107A0160/00B000 | Wallonia | 3,840 m² | 1 · 277 m² | 17.3 m · 2 fl. |
| 92086B0271/00R000 | Wallonia | 1,011 m² | 1 · 128 m² | - |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Legal Entity Identifier
Identification & contact
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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