ARTIDESIGN
ActiveThe computed 12-month bankruptcy probability of ARTIDESIGN is 5.2% (elevated). The 2022 annual accounts show equity of €5k and a net result of €972. Its solvency ranks better than 12% of 30869 sector peers (fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2022
Axes · tick = 2021
Profitability99▼-1
Solvency17=
Growth52
Stability94
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.06 against 1.07 in 2021), and 93.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
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 2022Solvency, return and age of the figures
Solvency
6.3%
Return on assets
1.2%
Age of the figures
44 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline14-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€5k▲ 24.8%
2021 · €4k
2021: €4k
2021 → 2022
Total assets
€78k▲ 31.4%
2021 · €59k
2021: €59k
2021 → 2022
Net result
€972▼ 49.3%
2021 · €2k
2021: €2k
2021 → 2022
Working capital
€5k▲ 15.1%
2021 · €4k
2021: €4k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€4k-€5k▲ 24.8%
Operating result€3k-€3k▲ 4.4%
Net result€2k-€972▼ 49.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 4% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €78k
Fixed assets
€381
Current assets
€78k
Equity and liabilities €78k
Equity
€5k▲ 24.8%
Debt
€73k▲ 31.8%
The debt ratio rises from 93.4% to 93.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€3k
Cash flow
€1k
Solvency
6.3%▼
2021 · 6.6%
Current ratio
1.06▼
2021 · 1.07
Quick ratio
0.64▼
2021 · 0.84
Debt / equity
14.98▲
2021 · 14.19
ROE
19.9%▼
2021 · 48.9%
ROA
1.2%▼
2021 · 3.2%
Interest coverage
1.77
Debt
€73k▲
2021 · €56k
Debt ≤ 1 year
€73k▲
2021 · €56k
Income taxes
€281▼
2021 · €517
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€59k€78k▲
Fixed assets21/28-€381
Tangible fixed assets22/27-€381
Furniture and vehicles24-€381
Current assets29/58€59k€78k▲
Stocks and contracts in progress3€13k€31k▲
Stocks30/36€13k€31k▲
Amounts receivable within one year40/41€42k€44k▲
Trade receivables40€41k€37k▼
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€2k-
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€59k€78k▲
Equity10/15€4k€5k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€56k€73k▲
Amounts payable within one year42/48€56k€73k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€24k€31k▲
Suppliers440/4€24k€31k▲
Advances received on contracts in progress46€19k€19k=
Taxes, remuneration and social security45€517€798▲
Taxes450/3€517€798▲
Other amounts payable47/48€12k€18k▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€123
Gross operating margin9900€3k€3k▲
Operating profit (loss)9901€3k€3k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€478€2k▲
Recurring financial charges65€478€2k▲
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77€517€281▼
Profit (loss) for the period9904€2k€972▼
Profit (loss) for the period to be appropriated9905€2k€972▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€3k▲
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
NBB filing
Directors · office · real estate
Directors
2 acts for this company are 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2021
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.
Rue Grande Avenue 161341 Ottignies-Louvain-la-NeuveGround area
1,975 m²
Building footprint
184 m²
Volume, LiDAR
1,326 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARTIDESIGN
since 20212.320.456.170
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013E0290/00D000 | Wallonia | 1,368 m² | 1 · 105 m² | 9.9 m · 3 fl. |
| 25016D0142/00V006 | Wallonia | 607 m² | 1 · 78 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
H&M PLAFONNAGE
BE 0771.360.430
Ecaussinnes · Eq €5k
TIDA
BE 0891.452.071
Putte · Eq €5k
RRB CONSTRUCT
BE 1016.341.650
Grimbergen · Eq €5k
Travaux de Chape Meysmans
BE 0841.870.423
Erezée · Eq €5k
SGT FRERES
BE 0789.625.035
Blégny · Eq €5k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 2,662 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2021
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.