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Artheles

Active
Private limited companyfounded 20196 yrs activeVaderlandstraat 24, 9000 Gent, BelgiumKBO/BCE: BE 0735.851.403
Summary

Artheles has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,782 and a net result of €110,782. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 36981 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
Size
€109,336total assets 2025
Equity
€27,782
Profit
€110,782
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 1 d early0 of 2 deeds read
Why 93+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Liquidity: current ratio 1.22, cash €59,272+ Size: total assets €109,336+ Figures for FY 2025 (filed 30-07-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 70, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 50-43
equity 25.4% of total assets
Liquidity 60+8
short-term debt 74.6% · cash 54.2%
Profitability 100=
return on assets 101.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (47,599 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%▼ -2.8% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%▲ +5.7% vs 03-2025 05-2025: < 0.1%▲ +2.7% vs 04-2025 06-2025: < 0.1%▲ +2.6% vs 05-2025 07-2025: < 0.1%▲ +10.3% vs 06-2025 08-2025: 0.1%▲ +69.8% vs 07-2025 09-2025: 0.1%▼ -2.7% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%▼ -4.2% vs 12-2025 02-2026: 0.1%▼ -5.9% vs 01-2026 03-2026: 0.1%▲ +1.6% vs 02-2026 04-2026: 0.1%▲ +13.8% vs 03-2026 05-2026: 0.1%▼ -1.4% vs 04-2026 06-2026: 0.1%▲ +1.4% vs 05-2026 07-2026: 0.1%▲ +9.5% vs 06-2026highest value 08-2026: < 0.1%▼ -44.4% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026
  • Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
  • Liquidity: current ratio 1.22, cash €59,272 lowers the probability
  • Size: total assets €109,336 lowers the probability for this profile
  • Figures for FY 2025 (filed 30-07-2026) lowers the probability
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 2.93 in 2024; short-term debt: 74.6% and cash: 54.2% of total assets), and 74.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 27%, liquidity 51%, profitability 85%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 1.22, cash €59,272
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €109,336
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 30-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
1 d early
2024
2 d early
2023
27 d early
2022
5 d early
2021
5 d early
2020
1 d early
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. General meeting · Director resignationPermanent representative · Director discharge
  3. Highest result since 2019net €110,782 ▲1.3%

Key points

  • Caution: Equity fell in 2025from €111,324 to €27,782 ▼ 75.0% View
  • Positive: Among the best 13% on net resultsector median €27,007 · 36,996 companies €110,782 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €110,782 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€109,336
Profit
€110,782
Solvency
25.4%
Total assets▼ 32.9%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2020
Next accounts
by 31-07-2027
  1. 30-07-2026Annual accounts filed
  2. 05-05-2026General meeting · Director resignation
  3. 31-12-2025Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
08-10-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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