ARTIBO

Active

Public limited companyfounded 198640 yrs activeSpoorweglaan(MEL) 99, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0428.397.035

Summary

ARTIBO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,153 and a net result of €4,505. Equity is shrinking by ~14.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch Report Compare

ARTIBOActiveChecked score 87/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€128,290total assets 2025

Equity: €27,153
Profit: €4,505

Financial health

87 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.2%

Structure

Accounts filed 52 d late0 of 5 deeds read

Why 87- Latest accounts 52 days late; 1 of the last 3 late- No main activity registered+ Size: total assets €128,290+ Founded in 1986Show the evidence

Checked score

Score 2025

87 / 100

Excellent

Probability in this band: under 0.55%

Better than 38% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 46+2

equity 21.2% of total assets

Liquidity 25+4

short-term debt 78.8% · cash 14.7%

Profitability 46+6

return on assets 3.5%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 17 months 06-2025: 0.3% 07-2025: 0.1%▼ -58.3% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% 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%▼ -1.4% vs 12-2025lowest value 02-2026: 0.1%▲ +0.7% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +6.4% vs 03-2026 05-2026: 0.2%▲ +2.7% vs 04-2026 06-2026: 0.2%▲ +17.0% vs 05-2026 07-2026: 0.2%▲ +16.8% vs 06-2026 08-2026: 0.6%▲ +164% vs 07-2026 09-2026: 0.6%▲ +11.1% vs 08-2026highest value 10-2026: 0.2%▼ -64.7% vs 09-2026

Size: total assets €128,290 lowers the probability for this profile
Founded in 1986 lowers the probability for this profile
Latest accounts 52 days late; 1 of the last 3 late raises the probability
No main activity registered raises the probability

Credit up to €2,000 at 30 days acceptable

Liquidity short (current ratio 0.19 against 0.13 in 2024; short-term debt: 78.8% and cash: 14.7% of total assets), and 78.8% 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 (no NACE code, micro). Better than this share of them on solvency 28%, liquidity 14%, profitability 34%, growth against the median 76%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €128,290

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 1986

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Latest accounts 52 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

No main activity registered

In the bankruptcy model this factor raises the probability.

KBO

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €27,153

A punctual record breaks

This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

52 d late

2024

58 d early

2023

41 d early

2022

46 d early

2021

47 d early

2020

53 d early

2019

59 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 19 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)

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 15 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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