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ARTICON

Active
Private limited company (pre-2019)founded 200422 yrs activeMarktplein 13, 8850 Ardooie, BelgiumKBO/BCE: BE 0866.345.897
Summary

ARTICON has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €962 and a net result of €1,521. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 1538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency87▲+87
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
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 2025
Age of the figures
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
23 d early
2023
13 d early
2022
on the day
2021
on the day
2020
11 d early
2019
9 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 15 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 18 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 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

History

On 14 July 2004, ARTICON was incorporated.1 Total assets went from EUR 8,926 in 2019 to EUR 1,551 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€962
2024 · -€559
Total assets
€1,551▲ 5,070%
2024 · €30
Net result
€1,521
2024 · -€1,911
Working capital
€962
2024 · -€559
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€3,226▲ 132%€7,474▲ 132%-€2,926-€1,871▲ 36.1%€1,574
Net result€3,196within the sector's middle half▲ 136%€7,438within the sector's middle half▲ 133%-€2,974within the sector's middle half-€1,911within the sector's middle half▲ 35.7%€1,521within the sector's middle half
Equity-€3,112below the sector's middle half▲ 50.7%€4,326below the sector's middle half€1,352below the sector's middle half▼ 68.7%-€559below the sector's middle half€962below the sector's middle half
Total assets€3,976below the sector's middle half▼ 36.7%€4,326below the sector's middle half▲ 8.8%€1,359below the sector's middle half▼ 68.6%€30below the sector's middle half▼ 97.8%€1,551below the sector's middle half▲ 5,070%
Debt€7,088▼ 43.7%€7€589▲ 8,314%€589=
Working capital-€3,112within the sector's middle half▲ 50.7%€1,352within the sector's middle half-€559within the sector's middle half€962within the sector's middle half
Solvency
Current ratio
Return on assets (ROA)
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000Operating result 2021: €3,226€3,226Net result 2021: €3,196€3,196Operating result 2022: €7,474€7,474Net result 2022: €7,438€7,438Operating result 2023: -€2,926-€2,926Net result 2023: -€2,974-€2,974Operating result 2024: -€1,871-€1,871Net result 2024: -€1,911-€1,911Operating result 2025: €1,574€1,574Net result 2025: €1,521€1,52120212022202320242025-€4,000-€2,000€0€2,000Operating result 2023: -€2,926-€2,930Net result 2023: -€2,974-€2,970Operating result 2024: -€1,871-€1,870Net result 2024: -€1,911-€1,910Operating result 2025: €1,574€1,570Net result 2025: €1,521€1,520202320242025
The operating result returns to profit in 2025: €1,574 after a loss of €1,871 in 2024.
Balance-sheet composition
Equity and liabilities €1,551
Equity €962
Debt €589
Debt finances 38.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€589=
2024 · €589
Ratios withheld: a balance sheet total of €1,551 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,371 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 · 2025 against 2024 · 23 lines
Balance sheet Code20242025
Assets
Total assets20/58€30€1,551▲
Current assets29/58€30€1,551▲
Cash at bank and in hand54/58€30€1,551▲
Equity and liabilities
Total equity and liabilities10/49€30€1,551▲
Equity10/15-€559€962▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€21,019-€19,498▲
Amounts payable17/49€589€589=
Amounts payable within one year42/48€589€589=
Other amounts payable47/48€589€589=
Income statement Code20242025
Other operating charges640/8€500€513▲
Gross operating margin9900-€1,371€2,087▲
Operating profit (loss)9901-€1,871€1,574▲
Financial charges65/66B€40€53▲
Recurring financial charges65€40€53▲
Profit (loss) for the period before taxes9903-€1,911€1,521▲
Profit (loss) for the period9904-€1,911€1,521▲
Profit (loss) for the period to be appropriated9905-€1,911€1,521▲
Appropriation of the result
Profit (loss) to be appropriated9906-€21,019-€19,498▲
Profit (loss) brought forward from the previous period14P-€19,108-€21,019▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€458€460€500€513▲ 2.6%
Gross operating margin9900€3,226€7,932-€2,466-€1,371€2,087▲ 252%
Operating profit (loss)9901€3,226€7,474-€2,926-€1,871€1,574▲ 184%
Financial charges65/66B-€36€48€40€53▲ 32.5%
Recurring financial charges65€30€36€48€40€53▲ 32.5%
Profit (loss) for the period before taxes9903€3,196€7,438-€2,974-€1,911€1,521▲ 180%
Profit (loss) for the period9904€3,196€7,438-€2,974-€1,911€1,521▲ 180%
Profit (loss) for the period to be appropriated9905€3,196€7,438-€2,974-€1,911€1,521▲ 180%
Line20212022202320242025Change
Assets
Total assets20/58€3,976€4,326€1,359€30€1,551▲ 5,070%
Current assets29/58€3,976€4,326€1,359€30€1,551▲ 5,070%
Amounts receivable within one year40/41-€4,126----
Trade receivables40-€2,084----
Other amounts receivable41-€2,042----
Cash at bank and in hand54/58€3,976€200€1,359€30€1,551▲ 5,070%
Equity and liabilities
Total equity and liabilities10/49€3,976€4,326€1,359€30€1,551▲ 5,070%
Equity10/15-€3,112€4,326€1,352-€559€962▲ 272%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€23,572-€16,134-€19,108-€21,019-€19,498▲ 7.2%
Amounts payable17/49€7,088-€7€589€589=
Amounts payable within one year42/48€7,088-€7€589€589=
Other amounts payable47/48--€7€589€589=
Line20212022202320242025Change
Profit (loss) for the period9904€3,196€7,438-€2,974-€1,911€1,521▲ 180%
Operating cash flow (approximation)€3,196€7,438-€2,974-€1,911€1,521▲ 180%
Change in cash--€3,776€1,159-€1,329€1,521▲ 214%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2025
16-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Back to profitnet €1,521
Net result €1,521 after 2 loss-making years.
30-06
Financial Liquidity times 52current ratio 2.63
Current ratio from 0.05 to 2.63.
08-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Weakest financial yearnet -€2,974
Net result drops to -€2,974, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Highest result since 2019net €7,438 ▲133%
Operating result €7,474, net result €7,438, both a record.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
20-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
07-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
24-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ardooie · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
418 m²
Building footprint
143 m²
Parcel 36001A0714/00V003, Flanders. Linked by address, not a title deed.
1 establishment unit
ARTICON
Marktplein 13, 8850 ArdooieNACE 71402
since 20042.138.644.122
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36001A0714/00V003 Flanders 418 m² 1 · 143 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 880 companies in sector 77229 we hold annual accounts for 319. 27 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 (pre-2019)
Founded14-07-2004
Fiscal year end30-06
Activities, NACEBEL 2025
77229Renting and leasing of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0866345897
Also 9925:BE0866345897
Registered 11-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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