ARTISANS & +
ActiveSummary
The computed 12-month bankruptcy probability of ARTISANS & + is 2.1% (moderate). The 2024 annual accounts show equity of €13,423 and a net result of €161. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 19% of 36377 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability51▼-38
Solvency41▼-4
Growth25▼-22
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.24 in 2023; short-term debt: 83.8% and cash: 22.1% of total assets), and 83.8% of the assets are financed with debt.
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Signals
Seven 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
16.2%
Return on assets
0.2%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 36377 sector peers (2024).
NBB · sector comparisonPosition among 36377 sector peers
Solvency
better than 19%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €13,423
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
32 d late
2021
61 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€21,314▼ 27.6%
2023 · €29,426
EBIT margin
1.8%▼ 25.5pp
2023 · 27.3%
Net result
€161▼ 97.9%
2023 · €7,859
Working capital
€6,125▼ 52.8%
2023 · €12,964
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€18,143▲ 1.7%€34,126▲ 88.1%€10,625▼ 68.9%€29,426▲ 177%€21,314▼ 27.6%
Operating result-€6,563€3,312-€3,739€8,044€382▼ 95.3%
Net result-€7,631€2,994-€3,910€7,859€161▼ 97.9%
EBIT margin-36.2%▼ 37.4pp9.7%▲ 45.9pp-35.2%▼ 44.9pp27.3%▲ 62.5pp1.8%▼ 25.5pp
Equity€6,319▼ 54.7%€9,313▲ 47.4%€5,403▼ 42.0%€13,262▲ 145%€13,423▲ 1.2%
Total assets€37,507▼ 31.0%€36,735▼ 2.1%€36,436▼ 0.8%€67,159▲ 84.3%€82,993▲ 23.6%
Debt€31,188▼ 22.9%€27,422▼ 12.1%€31,033▲ 13.2%€53,897▲ 73.7%€69,570▲ 29.1%
Working capital€3,261▼ 71.0%€8,484▲ 160%€4,574▼ 46.1%€12,964▲ 183%€6,125▼ 52.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 95% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82,993
Fixed assets
€7,298 ▲ 2,355%
Current assets
€75,695 ▲ 13.2%
Equity and liabilities €82,993
Equity
€13,423 ▲ 1.2%
Debt
€69,570 ▲ 29.1%
Debt's share of the balance-sheet total rises from 80.3% to 83.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1,010▼
2023 · €8,575
Cash flow
€790▼
2023 · €8,391
Current ratio
1.09▼
2023 · 1.24
Debt to equity
5.18▲
2023 · 4.06
ROE
1.2%▼
2023 · 59.3%
ROA
0.2%▼
2023 · 11.7%
Interest coverage
4.59▼
2023 · 46.41
Debt ≤ 1 year
€69,570▲
2023 · €53,897
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €18,143 | €34,126 | €10,625 | €29,426 | €21,314 | ▼ 27.6% |
| Goods, raw materials, services and sundry goods60/61 | - | €28,238 | €13,549 | €20,431 | €19,917 | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,353 | €2,229 | - | €532 | €629 | ▲ 18.2% |
| Other operating charges640/8 | - | €348 | €815 | €419 | €387 | ▼ 7.7% |
| Gross operating margin9900 | -€2,688 | €5,888 | -€2,924 | €8,995 | €1,398 | ▼ 84.5% |
| Operating profit (loss)9901 | -€6,563 | €3,312 | -€3,739 | €8,044 | €382 | ▼ 95.3% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €318 | €176 | €185 | €220 | ▲ 19.2% |
| Recurring financial charges65 | €660 | €318 | €176 | €185 | €220 | ▲ 19.2% |
| Profit (loss) for the period before taxes9903 | -€7,222 | €2,994 | -€3,915 | €7,859 | €161 | ▼ 97.9% |
| Income taxes67/77 | €409 | €0 | -€4 | - | - | - |
| Profit (loss) for the period9904 | -€7,631 | €2,994 | -€3,910 | €7,859 | €161 | ▼ 97.9% |
| Profit (loss) for the period to be appropriated9905 | -€7,631 | €2,994 | -€3,910 | €7,859 | €161 | ▼ 97.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,507 | €36,735 | €36,436 | €67,159 | €82,993 | ▲ 23.6% |
| Fixed assets21/28 | €3,058 | €829 | €829 | €297 | €7,298 | ▲ 2,355% |
| Tangible fixed assets22/27 | €3,058 | €829 | €829 | €297 | €7,298 | ▲ 2,355% |
| Furniture and vehicles24 | - | €829 | €829 | €297 | €7,298 | ▲ 2,355% |
| Current assets29/58 | €34,449 | €35,906 | €35,607 | €66,862 | €75,695 | ▲ 13.2% |
| Amounts receivable within one year40/41 | €20,739 | €17,003 | €17,612 | €47,700 | €57,360 | ▲ 20.3% |
| Trade receivables40 | - | €286 | €184 | €30,273 | €56,039 | ▲ 85.1% |
| Other amounts receivable41 | - | €16,717 | €17,428 | €17,428 | €1,322 | ▼ 92.4% |
| Cash at bank and in hand54/58 | €13,710 | €18,902 | €17,995 | €19,161 | €18,335 | ▼ 4.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,507 | €36,735 | €36,436 | €67,159 | €82,993 | ▲ 23.6% |
| Equity10/15 | €6,319 | €9,313 | €5,403 | €13,262 | €13,423 | ▲ 1.2% |
| Contributions10/11 | €12,600 | €12,600 | €12,600 | €12,600 | €12,600 | = |
| Reserves13 | €380 | €380 | €380 | €380 | €380 | = |
| Non-distributable reserves130/1 | - | €380 | €380 | €380 | €380 | = |
| Reserves not available under the articles1311 | - | €380 | €380 | €380 | €380 | = |
| Profit (loss) carried forward14 | -€6,661 | -€3,667 | -€7,577 | €282 | €443 | ▲ 57.2% |
| Amounts payable17/49 | €31,188 | €27,422 | €31,033 | €53,897 | €69,570 | ▲ 29.1% |
| Amounts payable within one year42/48 | €31,188 | €27,422 | €31,033 | €53,897 | €69,570 | ▲ 29.1% |
| Trade debts44 | €1,111 | €1,861 | €1,210 | €2,122 | €4,756 | ▲ 124% |
| Suppliers440/4 | - | €1,861 | €1,210 | €2,122 | €4,756 | ▲ 124% |
| Taxes, remuneration and social security45 | - | €4 | - | €687 | - | - |
| Taxes450/3 | - | €4 | - | €687 | - | - |
| Other amounts payable47/48 | - | €25,556 | €29,823 | €51,089 | €64,814 | ▲ 26.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,631 | €2,994 | -€3,910 | €7,859 | €161 | ▼ 97.9% |
| + Depreciation and write-downs630 | €3,353 | €2,229 | - | €532 | €629 | ▲ 18.2% |
| Operating cash flow (approximation) | -€4,278 | €5,223 | -€3,910 | €8,391 | €790 | ▼ 90.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€7,629 | - |
| Change in cash | - | €5,192 | -€908 | €1,167 | -€827 | ▼ 171% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €7,859
Net result €7,859 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €2,994
Net result €2,994 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€7,631
Net result drops to -€7,631, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 484 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Pieters-Woluwe · 1 establishment unit since 2016
Ground area
304 m²
Building footprint
148 m²
Volume, LiDAR
3,698 m³
Parcel 21684B0013/00D003, Brussels · tallest building 28.6 m, ±9 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ARTISON
since 20162.259.362.996
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0013/00D003 | Brussels | 304 m² | 1 · 148 m² | 28.6 m · 9 fl. |
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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 4,603 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
Founded22-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
81230Other cleaning activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0550802523
Registered
17-03-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.