ARTINOVA
ActiveARTINOVA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €404. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 4444 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+6
Solvency43▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.53 in 2024; short-term debt: 29.8% and cash: 3.4% of total assets), and 81.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.1%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
41 d early
2023
34 d early
2022
10 d late
2021
4 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▲ 0.6%
2024 · €68k
2018: €47k
2019: €47k
2020: €59k
2021: €69k
2022: €75k
2023: €74k
2024: €68k
2018 → 2025
Total assets
€376k▼ 6.3%
2024 · €401k
2018: €103k
2019: €291k
2020: €311k
2021: €362k
2022: €367k
2023: €423k
2024: €401k
2018 → 2025
Net result
€404
2024 · €-6k
2018: €11k
2019: €6k
2020: €32k
2021: €9k
2022: €6k
2023: €-1k
2024: €-6k
2018 → 2025
Working capital
€-67k▼ 32.3%
2024 · €-51k
2018: €18k
2019: €-18k
2020: €-15k
2021: €-26k
2022: €-2k
2023: €-36k
2024: €-51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€75k▲ 9.3%€74k▼ 1.8%€68k▼ 8.2%€68k▲ 0.6%
Operating result€17k-€12k▼ 25.1%€8k▼ 34.9%€5k▼ 38.4%€12k▲ 146%
Net result€9k-€6k▼ 31.8%€-1k€-6k▼ 358%€404
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 146% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€331k▼ 4.0%
Current assets
€45k▼ 20.2%
Equity and liabilities €376k
Equity
€68k▲ 0.6%
Debt
€308k▼ 7.7%
The debt ratio falls from 83.1% to 81.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2024 · €27k
Cash flow
€23k▲
2024 · €16k
Solvency
18.1%▲
2024 · 16.9%
Current ratio
0.40▼
2024 · 0.53
Quick ratio
0.19▼
2024 · 0.30
Debt / equity
4.52▼
2024 · 4.92
ROE
0.6%▲
2024 · -9.0%
ROA
0.1%▲
2024 · -1.5%
Interest coverage
2.93▲
2024 · 2.41
Debt
€308k▼
2024 · €333k
Debt ≤ 1 year
€112k▲
2024 · €107k
Debt > 1 year
€191k▼
2024 · €218k
Income taxes
€4
Staff costs
€49k▲
2024 · €47k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€401k€376k▼
Fixed assets21/28€345k€331k▼
Tangible fixed assets22/27€344k€330k▼
Land and buildings22€312k€304k▼
Plant, machinery and equipment23€31k€26k▼
Furniture and vehicles24€724€290▼
Financial fixed assets28€455€455=
Current assets29/58€56k€45k▼
Stocks and contracts in progress3€25k€23k▼
Stocks30/36€24k€23k▼
Contracts in progress37€200-
Amounts receivable within one year40/41€2k€6k▲
Trade receivables40€755€5k▲
Other amounts receivable41€817€877▲
Cash at bank and in hand54/58€27k€13k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€401k€376k▼
Equity10/15€68k€68k▲
Contributions10/11€6k€6k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€28k€28k▲
Amounts payable17/49€333k€308k▼
Amounts payable after more than one year17€218k€191k▼
Financial debts170/4€218k€191k▼
Amounts payable within one year42/48€107k€112k▲
Current portion of amounts payable after more than one year42€26k€26k▲
Trade debts44€16k€5k▼
Suppliers440/4€16k€5k▼
Taxes, remuneration and social security45€10k€9k▼
Taxes450/3€6k€6k▲
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€56k€72k▲
Accrued charges and deferred income492/3€9k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€47k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€75k€87k▲
Operating profit (loss)9901€5k€12k▲
Financial income75/76B€3€148▲
Recurring financial income75€3€148▲
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€-6k€407▲
Income taxes67/77-€4
Profit (loss) for the period9904€-6k€404▲
Profit (loss) for the period to be appropriated9905€-6k€404▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€28k▲
Profit (loss) brought forward from the previous period14P€34k€28k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €404
Net result €404 after 2 loss-making years.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €32k ▲472%
Operating result €39k, net result €32k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Puurs-Sint-Amands · 1 establishment unit since 2005
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.
Schoolstraat 122870 Puurs-Sint-AmandsGround area
878 m²
Building footprint
136 m²
Volume, LiDAR
845 m³
Parcel 12032C0121/00W007, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTINOVA
since 20052.147.044.124
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12032C0121/00W007 | Flanders | 878 m² | 1 · 136 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,210 companies in sector 81300 we hold annual accounts for 4,360. 3,643 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2005
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
41001General construction of residential buildings
45212
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.