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ARTI'CHOC

Active
Private limited companyfounded 20233 yrs activeG'Doumont - Route d'Espérance 142, 4960 Malmedy, BelgiumKBO/BCE: BE 0804.172.263
Summary

The computed 12-month bankruptcy probability of ARTI'CHOC is 7.2% (elevated). The 2024 annual accounts show equity of €30,066 and a net result of €27,066. Its solvency ranks better than 39% of 18940 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability87
Solvency42
Growth-
Track record79
Bankruptcy probability, 12 months
7.2% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.44; short-term debt: 28.9% and cash: 8.5% of total assets), and 83.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
16.6%
Return on assets
14.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
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

History

ARTI'CHOC was incorporated on 20 July 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€30,066
Total assets
€181,049
Net result
€27,066
Working capital
-€29,088

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €181,049
Fixed assets €157,894
Current assets €23,155
Equity and liabilities €181,049
Equity €30,066
Debt €150,984
Debt finances 83.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€79,759
Cash flow
€63,445
Current ratio
0.44
Quick ratio
0.36
Debt to equity
5.02
ROE
90.0%
ROA
14.9%
Interest coverage
9.61
Debt ≤ 1 year
€52,243
Debt > 1 year
€98,410
Income taxes
€8,013
Staff costs
€74,531

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 49 lines
Balance sheet Code2024
Assets
Total assets20/58€181,049
Fixed assets21/28€157,894
Intangible fixed assets21€60,066
Tangible fixed assets22/27€97,828
Plant, machinery and equipment23€2,217
Furniture and vehicles24€35,258
Other tangible fixed assets26€60,353
Current assets29/58€23,155
Stocks and contracts in progress3€4,124
Stocks30/36€4,124
Amounts receivable within one year40/41€2,782
Trade receivables40€1,591
Other amounts receivable41€1,191
Cash at bank and in hand54/58€15,395
Deferred charges and accrued income490/1€854
Equity and liabilities
Total equity and liabilities10/49€181,049
Equity10/15€30,066
Contributions10/11€3,000
Capital10€3,000
Issued capital100€3,000
Profit (loss) carried forward14€27,066
Amounts payable17/49€150,984
Amounts payable after more than one year17€98,410
Financial debts170/4€11,150
Other amounts payable178/9€87,260
Amounts payable within one year42/48€52,243
Current portion of amounts payable after more than one year42€12,439
Trade debts44€20,827
Suppliers440/4€20,827
Advances received on contracts in progress46€6,145
Taxes, remuneration and social security45€12,832
Taxes450/3€9,677
Remuneration and social security454/9€3,155
Accrued charges and deferred income492/3€330
Income statement Code2024
Remuneration, social security and pensions62€74,531
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,380
Other operating charges640/8€2,259
Non-recurring operating charges66A€157
Gross operating margin9900€156,706
Operating profit (loss)9901€43,379
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€8,302
Recurring financial charges65€8,302
Profit (loss) for the period before taxes9903€35,078
Income taxes67/77€8,013
Profit (loss) for the period9904€27,066
Profit (loss) for the period to be appropriated9905€27,066
Appropriation of the result
Profit (loss) to be appropriated9906€27,066

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€74,531
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,380
Other operating charges640/8€2,259
Non-recurring operating charges66A€157
Gross operating margin9900€156,706
Operating profit (loss)9901€43,379
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€8,302
Recurring financial charges65€8,302
Profit (loss) for the period before taxes9903€35,078
Income taxes67/77€8,013
Profit (loss) for the period9904€27,066
Profit (loss) for the period to be appropriated9905€27,066
Line2024
Assets
Total assets20/58€181,049
Fixed assets21/28€157,894
Intangible fixed assets21€60,066
Tangible fixed assets22/27€97,828
Plant, machinery and equipment23€2,217
Furniture and vehicles24€35,258
Other tangible fixed assets26€60,353
Current assets29/58€23,155
Stocks and contracts in progress3€4,124
Stocks30/36€4,124
Amounts receivable within one year40/41€2,782
Trade receivables40€1,591
Other amounts receivable41€1,191
Cash at bank and in hand54/58€15,395
Deferred charges and accrued income490/1€854
Equity and liabilities
Total equity and liabilities10/49€181,049
Equity10/15€30,066
Contributions10/11€3,000
Capital10€3,000
Issued capital100€3,000
Profit (loss) carried forward14€27,066
Amounts payable17/49€150,984
Amounts payable after more than one year17€98,410
Financial debts170/4€11,150
Other amounts payable178/9€87,260
Amounts payable within one year42/48€52,243
Current portion of amounts payable after more than one year42€12,439
Trade debts44€20,827
Suppliers440/4€20,827
Advances received on contracts in progress46€6,145
Taxes, remuneration and social security45€12,832
Taxes450/3€9,677
Remuneration and social security454/9€3,155
Accrued charges and deferred income492/3€330
Line2024
Profit (loss) for the period9904€27,066
+ Depreciation and write-downs630€36,380
Operating cash flow (approximation)€63,445

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Malmedy · 2 establishment units since 2023
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.

G'Doumont - Route d'Espérance 1424960 Malmedy
2 establishment units
ARTI'CHOC
G'Doumont - Route d'Espérance 142, 4960 MalmedyManufacture of chemicals and chemical products
since 20232.347.987.641
ARTI'CHOC
Haasstrasse 38, 4700 EupenManufacture of food products
since 20232.347.987.740

Recognitions · licences · registrations

Food safety, FASFC

1 site
Eupen2.347.987.740
2 permissions
Toelating · Detailhandel met verwerking · since 16-09-2024
Toelating · Eetgelegenheid · since 16-09-2024

Similar companies · same sector, comparable size

Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,461 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804172263
Also 9925:BE0804172263

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.