ARTIO
ActiveARTIO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €9k. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 9% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-17
Solvency25▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.66 in 2023; short-term debt: 86.4% and cash: 0% of total assets), and 99.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
0.4%
Return on assets
0%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4602 sector peers (2024).
NBB · sector comparisonPosition among 4602 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
1 d early
2022
18 d early
2021
31 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€12.93M
EBIT margin
0.1%
Net result
€9k▼ 58.3%
2023 · €21k
2018: €6k
2019: €10k
2020: €-2k
2021: €3k
2022: €12k
2023: €21k
2018 → 2024
Working capital
€2.20M▲ 138%
2023 · €924k
2018: €-150k
2019: €246k
2020: €-159k
2021: €2.80M
2022: €-179k
2023: €924k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€12.93M
Equity€28k-€31k▲ 9.5%€43k▲ 38.0%€64k▲ 48.6%€73k▲ 13.6%
Operating result€7k-€20k▲ 165%€22k▲ 12.8%€33k▲ 45.5%€14k▼ 57.5%
Net result€-2k-€3k€12k▲ 340%€21k▲ 76.3%€9k▼ 58.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.89M
Fixed assets
€237k▼ 7.4%
Current assets
€17.65M▲ 659%
Equity and liabilities €17.89M
Equity
€73k▲ 13.6%
Debt
€17.81M▲ 608%
The debt ratio rises from 97.5% to 99.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2023 · €52k
Cash flow
€28k▼
2023 · €40k
Solvency
0.4%▼
2023 · 2.5%
Current ratio
1.14▼
2023 · 1.66
Quick ratio
1.14▼
2023 · 1.66
ROE
12.0%▼
2023 · 32.7%
ROA
0.0%▼
2023 · 0.8%
Interest coverage
17.89▲
2023 · 12.87
Debt
€17.81M▲
2023 · €2.52M
Debt ≤ 1 year
€15.45M▲
2023 · €1.40M
Debt > 1 year
€10k▼
2023 · €12k
Income taxes
€3k▼
2023 · €8k
A ratio outside any meaningful range has been withheld (balance sheet total €17.89M, equity €73k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.58M€17.89M▲
Fixed assets21/28€257k€237k▼
Tangible fixed assets22/27€257k€237k▼
Land and buildings22€257k€237k▼
Current assets29/58€2.32M€17.65M▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€800k€13.14M▲
Trade receivables40€773k€12.75M▲
Other amounts receivable41€28k€392k▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€1.52M€4.50M▲
Equity and liabilities
Total equity and liabilities10/49€2.58M€17.89M▲
Equity10/15€64k€73k▲
Contributions10/11€17k€17k=
Reserves13€47k€55k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€47k€55k▲
Amounts payable17/49€2.52M€17.81M▲
Amounts payable after more than one year17€12k€10k▼
Financial debts170/4€12k€10k▼
Credit institutions173-€10k
Amounts payable within one year42/48€1.40M€15.45M▲
Current portion of amounts payable after more than one year42€37k€2k▼
Trade debts44€1.28M€15.36M▲
Suppliers440/4€1.28M€15.36M▲
Taxes, remuneration and social security45€12k€11k▼
Taxes450/3€12k€11k▼
Other amounts payable47/48€73k€73k=
Accrued charges and deferred income492/3€1.10M€2.35M▲
Income statement
Code20232024
Operating income70/76A-€12.96M
Turnover70-€12.93M
Other operating income74-€32k
Operating charges60/66A-€12.95M
Services and other goods61-€12.93M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k=
Other operating charges640/8€4k€3k▼
Gross operating margin9900€56k-
Operating profit (loss)9901€33k€14k▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Debt charges650-€2k
Other financial charges652/9-€0
Profit (loss) for the period before taxes9903€29k€12k▼
Income taxes67/77€8k€3k▼
Taxes670/3-€3k
Profit (loss) for the period9904€21k€9k▼
Profit (loss) for the period to be appropriated9905€21k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€9k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€21k€9k▼
To other reserves6921€21k€9k▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €21k ▲76.3%
Operating result €33k, net result €21k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.66
Current ratio from 0.80 to 1.66.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.06
Current ratio from 0.87 to 3.06.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼120%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 72 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 1 establishment unit since 2002
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.
Prinsstraat 52000 AntwerpenGround area
276 m²
Building footprint
240 m²
Volume, LiDAR
2,609 m³
Parcel 11802B0945/00C000, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Prinsstraat 5, 2000 Antwerpen
since 20022.115.608.701
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0945/00C000 | Flanders | 275 m² | 1 · 240 m² | 16.9 m · 4 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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QUANTUM NOODLE
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Putte · Eq €73k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 39,799 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2002
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.