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ARTILABO

Active Public limited companyfounded 1986active for 40 yearsPaardenstraat 12, 9070 DestelbergenKBO/BCE: BE 0428.585.590 #4 oldest company in Destelbergen, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 40 filings since 1986
peak €69,033 (2008)
€5,920▼ 36.1%
lowest -€4,355 (2011)
€2,850▼ 61.2%
peak €35,310 (2025)
€35,310▲ 8.8%
€25,687unchanged
peak 1 FTE (2006)
-not published
Board3 names since 2018
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €9,266 to €5,920Result from €7,347 to €2,850Cash from €6,891 to €9,240

Key points

from the 2025 annual accounts

Equity

€35,310 ▲ 8.8%

ARTILABO has made a profit without a break since 2012.

Turnover

≈ €45,000 estimated

The accounts state no turnover.

Filings

40 annual accounts since 1986
AprilJune31 JulyOctober1990200020102020

Six of the last ten came late. The 2024 accounts came latest: 62 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as ARTILABO has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,035 companies, not a prediction for ARTILABO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Appointment: (sole director) General meeting of 03-06-2022 · Gazette deed
3 directors reappointed (managing director and chair of the board), and · Permanent representative: · General meeting of 22-04-2016 · Gazette deed
Incorporation published on 27-03-1986 · Gazette deed
First establishment Paardenstraat 12, Destelbergen
All 51 events

Comparable companies

same main activity, similar in size and age
Company
ARTILABO Destelbergen €60,997 €5,920 57.9% -
BIOMAR Jalhay €102,665 €6,213 89.5% -
POLYBOX Ninove €102,736 €15,958 69.4% -
ARKHE Namur €26,421 €14,505 13.5% -
BASTU DESIGN Tielt €126,504 €17,187 49.3% -
ABS PLASTICS Zedelgem €332,197 €23,084 56.6% -
Icomco Tielt €49,703 -€5,816 99.5% 0

These companies have the same main activity as ARTILABO: manufacture of rubber and plastic products (NACE 22260). They are comparable in size and age: total assets between €26,400 and €332,000, founded between 1980 and 2005.

Official details

Source: KBO
Status
Active since 05-03-1986Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22260and 1 other
Establishment unit
2.029.158.0449070 Destelbergen, since 01-03-1986
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€60,997▲ 4.9%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on ARTILABO

ARTILABO files the micro format. That format states no turnover. The gross margin fell from €48,076 in 2006 to €5,920 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ARTILABO

What is the company number of ARTILABO?
The company number of ARTILABO is 0428.585.590. The VAT number is the same number with BE in front: BE 0428.585.590.
Where is ARTILABO based?
The registered office is at Paardenstraat 12, 9070 Destelbergen.Company details
What does ARTILABO do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
What is the legal form of ARTILABO?
ARTILABO is a public limited company (NV).
When was ARTILABO founded?
ARTILABO was founded on 05-03-1986.
Is ARTILABO still active?
Yes, ARTILABO is an active enterprise in the KBO register.
What is the turnover of ARTILABO?
The turnover in financial year 2025 is ≈ €45,000. This figure is estimated from the gross margin of €5,920 and 6,298 comparable companies of the same size. It probably lies between €21,000 and €110,000. It is a rough estimate.Financials
Is ARTILABO profitable?
In financial year 2025, ARTILABO made a profit of €2,850.
Where can I find the annual accounts of ARTILABO?
ARTILABO filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARTILABO due?
ARTILABO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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