Financials
- Fiscal year
- 2024
- Total assets
- €471,334
- Loss
- -€173,318
- Solvency
- 40.4%
Total assets▼ 1.8%
Net result
20182024
ARTICA
ActiveSummary
The computed 12-month bankruptcy probability of ARTICA is 3.4% (moderate). The annual accounts of ARTICA for fiscal year 2024 show a net loss of 86% of the equity at the start of that year. The 2024 annual accounts show equity of €190,513 and a net result of -€173,318. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 20779 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Other information technology and computer services
NACE 62900IT consultancy NACE 62020NACE 62090
1 site
How big
€471,334total assets 2024
- Staff
- 1 FTE
- Equity
- €190,513
- Loss
- -€173,318
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 5 deeds read
Why 49- 1 financial year not filed after the legal deadline; latest accounts 229 days late; 3 of the last 3 late- Size: total assets €471,334- Loss of €173,318, the second in a row (FY 2024)+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 28% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
65-2
equity 40.4% of total assets
Liquidity
57-11
short-term debt 6.4% · cash 5.2%
Profitability
0=
return on assets -36.8%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
- 1 financial year not filed after the legal deadline; latest accounts 229 days late; 3 of the last 3 late raises the probability
- Size: total assets €471,334 raises the probability for this profile
- Loss of €173,318, the second in a row (FY 2024) raises the probability
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
Credit up to €9,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.59 against 5.19 in 2023; short-term debt: 6.4% and cash: 5.2% of total assets), but 59.6% 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 62, micro). Better than this share of them on solvency 36%, liquidity 38%, profitability 5%, growth against the median 34%. 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.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€173,318
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-03-2026, 229 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
229 d late
2023
327 d late
2022
458 d late
2021
25 d late
2020
11 d late
2019
376 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 238 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Weakest financial yearnet -€173,318
Key points
- Caution: Among the weakest 5% on net resultsector median €27,391 · 20,780 companies -€173,318 View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Caution: Result fell in 2024from -€120,815 to -€173,318 ▼ 43.5% View
- Caution: 2 loss-making years in a rowloss fiscal year 2024 -€173,318 View
By topic
Timeline
- Events
- 13
- Since
- 2016
- 17-03-2026Annual accounts filed
- 23-06-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Other information technology and computer servicesNACE 62900
- Founded
- 08-05-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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