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ARTICLE PREMIER

Active
Private limited company· 32 yrs active
Joseph Stallaertstraat 7 ·1050 Elsene, Belgium
BE 0450.690.704
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age32 yrs
Board1
Connections3

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ARTICLE PREMIER is 1.5% (moderate). The 2024 annual accounts show equity of €26k and a net result of €3k. Equity remains stable across the filed fiscal years (±0.5% per year). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
Long-established
Founded in 1993, 32 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.5% Moderate
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Higher-failure-rate region +Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€3k+47.1%
Working capital€7k+17.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · micro
€0€3k€5k€8k€10kOperating result 2020: €3k€3kNet result 2020: €10k€10kOperating result 2021: €755€755Net result 2021: €452€452Operating result 2022: €4k€4kNet result 2022: €3k€3kOperating result 2023: €3k€3kNet result 2023: €2k€2kOperating result 2024: €4k€4kNet result 2024: €3k€3k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 7 fiscal years (±0.5%/year).
€20k€23k€25k€28k€30k€33k2025: €26k (€24k - €29k)2026: €27k (€23k - €30k)2027: €27k (€22k - €32k)2018: €27k2019: €28k2020: €22k2021: €23k2022: €25k2023: €27k2024: €26k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€6k
+24.8% 18-24
Net profit
€3k
+47.1% 18-24
Cash flow
€5k
+22.2% 18-24
Total assets
€32k
+11.6% 18-24
Equity
€26k
-4.0% 18-24
Working capital
€7k
+17.5% 18-24
Income taxes
€975
+47.8% 18-24
Dividends
€4k
-49.7% 18-24
Debt
€6k
+315.3% 18-24
Debt ≤ 1y
€6k
+315.3% 18-24
Current ratio
2.27
-58.7% 18-24
Quick ratio
2.27
-58.7% 18-24
Solvency
81.8%
-14.0% 18-24
Debt / equity
0.22
+332.8% 18-24
ROE
11.0%
+53.3% 18-24
ROA
9.0%
+31.8% 18-24
Interest coverage
38.89
+24.8% 18-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€6k
Net profit€3k
Cash flow€5k
Staff costs-
Income taxes€975
Dividends€4k
Total assets€32k
Equity€26k
Debt€6k
of which ≤ 1y€6k
of which > 1y-
Working capital€7k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.27
Quick ratio2.27
Working capital ratio23.2%
Solvency81.8%
Debt / equity0.22
Long-term debt ratio-
Interest coverage38.89
Gross margin-
Net margin-
ROA9.0%
ROE11.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€32k
Fixed assets 21/28€19k
Tangible fixed assets 22/27€19k
Financial fixed assets 28€30
Current assets 29/58€13k
Amounts receivable within one year 40/41€6k
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€32k
Equity 10/15€26k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€6k
Amounts payable 17/49€6k
Amounts payable within one year 42/48€6k
Trade debts payable within one year 44€860
Income statement
Gross operating margin 9900€8k
Operating result 9901€4k
Financial charges 65€161
Result before taxes 9903€4k
Income taxes 67/77€975
Net result for the period 9904€3k
Result to be appropriated 9905€3k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
98 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

1 director
Current directors & mandates
  • HUBERT Sophie
    Director
    State Gazette act 21336490 (15-06-2021)
    Current
    15-06-2021 → present
    2 events
    • 15-06-2021 Resigned· Manager
    • 15-06-2021 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

indexing
No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Private limited company(610)
Incorporation10-08-1993
StatusActive
Postal code1050

Structure & network

Connections & network

3 connected companies
MURMENS, Shared address MMURMENSMURMENS INVEST, Shared address MIMURMENS INVESTSICOJ, Shared address SSICOJARTICLE PREMIER ARTICLEPREMIER0450.690.704
Shared address / shareholder
Network connections
MURMENS
Shared address
MURMENS INVEST
Shared address
SICOJ
Shared address
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
10 companies at this address See who is registered here

Establishment units

1 location
Overwinningsstraat 194, 1060 Sint-Gillis (bij-Brussel)
Ontwikkeling van residentiële bouwprojecten
since 19932.063.948.380
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area4,313 m²
Buildings2
Building footprint1,174 m²
Volume (LiDAR)20,972 m³
Tallest building28.9 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0309/00C020
ProtectedMonumentVoormalig Chirurgisch Instituut van Dokter Depage en voormalig Nationaal Instituut van het BloedSource ↗
Brussels 4,192 m² 1 · 1,055 m² 21.2 m · 6 fl.
21013B0335/00A008 Brussels 121 m² 1 · 119 m² 28.9 m · 9 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Analysis

Snowflake analysis

financial profile on 5 axes
Health98Profitability55Solvency100Growth32Stability100
77 / 100

Exceptional profile, strong across almost every axis.

Health 98
Profitability 55
Solvency 100
Growth 32
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR ARTICLE PREMIER
Registered office
Joseph Stallaertstraat 7 bus 12
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.