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ARTISANS CREATEURS

Active
Private limited company (pre-2019)founded 2012active for 14 yearsRue du Tombeux 22, 4683 Oupeye, BelgiumKBO/BCE: BE 0848.101.385

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ARTISANS CREATEURS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,009) and a net result of €43. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 658 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (49 days) Filed on 18 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00516221.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
18-09-2026
Format
micro format
Reference
2026-00516221
Turnover
≈ €35,000
Estimated: probably between €16,000 and €83,000
Total assets
€40,599▼ 7.3%
2024 · €43,798
Net result
€43
2024 · -€25,152
Working capital
-€12,350▲ 13.0%
2024 · -€14,202
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €2,681 after a loss of €21,860 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2,681 2025 Net result€43 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€2,825--€7,070€6,132€6,595▲ 7.5%-€5,640€8,103-€21,860€2,681
Net result€1,634--€7,632€4,222within the sector's middle half€3,390within the sector's middle half▼ 19.7%-€8,302below the sector's middle half€5,144within the sector's middle half-€25,152below the sector's middle half€43within the sector's middle half
Equity€17,277-€9,645▼ 44.2%€13,867below the sector's middle half▲ 43.8%€17,258below the sector's middle half▲ 24.4%€8,955below the sector's middle half▼ 48.1%€14,100below the sector's middle half▲ 57.4%-€11,053below the sector's middle half-€11,009below the sector's middle half▲ 0.4%
Total assets€136,200-€141,900▲ 4.2%€80,879below the sector's middle half▼ 43.0%€104,932within the sector's middle half▲ 29.7%€132,261within the sector's middle half▲ 26.0%€113,899within the sector's middle half▼ 13.9%€43,798below the sector's middle half▼ 61.5%€40,599below the sector's middle half▼ 7.3%
Debt€118,923-€132,255▲ 11.2%€67,012▼ 49.3%€87,675▲ 30.8%€123,305▲ 40.6%€99,799▼ 19.1%€54,850▼ 45.0%€51,608▼ 5.9%
Working capital€15,370-€212▼ 98.6%€5,653within the sector's middle half▲ 27×-€4,269within the sector's middle half€32,485within the sector's middle half€7,337within the sector's middle half▼ 77.4%-€14,202below the sector's middle half-€12,350below the sector's middle half▲ 13.0%
Solvency12.7%-6.8%▼ 5.9pp17.1%within the sector's middle half▲ 10.3pp16.4%within the sector's middle half▼ 0.7pp6.8%below the sector's middle half▼ 9.7pp12.4%below the sector's middle half▲ 5.6pp-25.2%below the sector's middle half▼ 37.6pp-27.1%below the sector's middle half▼ 1.9pp
Current ratio1.22-1.00▼ 0.221.15within the sector's middle half▲ 0.150.94within the sector's middle half▼ 0.211.51within the sector's middle half▲ 0.571.07within the sector's middle half▼ 0.430.74below the sector's middle half▼ 0.330.76below the sector's middle half▲ 0.02
Return on assets (ROA)1.2%--5.4%▼ 6.6pp5.2%within the sector's middle half▲ 10.6pp3.2%within the sector's middle half▼ 2.0pp-6.3%below the sector's middle half▼ 9.5pp4.5%within the sector's middle half▲ 10.8pp-57.4%below the sector's middle half▼ 61.9pp0.1%within the sector's middle half▲ 57.5pp
Staff (FTE)1.7-2.4▲ 41.2%2.3within the sector's middle half▼ 4.2%2.6▲ 13.0%2.1▼ 19.2%1.6▼ 23.8%1▼ 37.5%1=
above within below the middle half of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,599
Fixed assets €1,341 ▼ 57.4%
Current assets €39,258 ▼ 3.4%
Equity and liabilities
Equity-€11,009
Debt€51,608
Equity is negative: debt (€51,608) exceeds the balance-sheet total (€40,599).
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,489▲
2024 · -€18,246
Cash flow
€1,852▲
2024 · -€21,538
Quick ratio
0.35▼
2024 · 0.36
Interest coverage
1.68▲
2024 · -4.10
Debt ≤ 1 year
€51,608▼
2024 · €54,850
Staff costs
-€533▼
2024 · €5,086
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,379 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet
2.4% went bankrupt
3.2% stopped otherwise
94.3% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,379 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 18-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€43,798€40,599▼
Fixed assets21/28€3,149€1,341▼
Tangible fixed assets22/27€2,889€1,081▼
Plant, machinery and equipment23€1,922€448▼
Furniture and vehicles24€967€633▼
Financial fixed assets28€260€260=
Current assets29/58€40,649€39,258▼
Stocks and contracts in progress3€21,045€21,045=
Stocks30/36€21,045€21,045=
Amounts receivable within one year40/41€17,364€10,002▼
Trade receivables40€5,313€3,868▼
Other amounts receivable41€12,051€6,134▼
Cash at bank and in hand54/58€83€4,889▲
Deferred charges and accrued income490/1€2,157€3,322▲
Equity and liabilities
Total equity and liabilities10/49€43,798€40,599▼
Equity10/15-€11,053-€11,009▲
Contributions10/11€6,200€6,200=
Reserves13€1,020€1,020=
Non-distributable reserves130/1€1,020€1,020=
Reserves not available under the articles1311€1,020€1,020=
Profit (loss) carried forward14-€18,272-€18,229▲
Amounts payable17/49€54,850€51,608▼
Amounts payable within one year42/48€54,850€51,608▼
Financial debts43€25,000€25,000=
Credit institutions430/8€25,000€25,000=
Trade debts44€29,250€21,231▼
Suppliers440/4€29,250€21,231▼
Taxes, remuneration and social security45€600-
Taxes450/3€600-
Other amounts payable47/48-€5,377
Income statement Code20242025
Remuneration, social security and pensions62€5,086-€533▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,614€1,808▼
Other operating charges640/8€536€548▲
Gross operating margin9900-€12,624€4,505▲
Operating profit (loss)9901-€21,860€2,681▲
Financial income75/76B€1,160€41▼
Recurring financial income75€1,160€41▼
Financial charges65/66B€4,453€2,679▼
Recurring financial charges65€4,453€2,679▼
Profit (loss) for the period before taxes9903-€25,152€43▲
Profit (loss) for the period9904-€25,152€43▲
Profit (loss) for the period to be appropriated9905-€25,152€43▲
Appropriation of the result
Profit (loss) to be appropriated9906-€18,272-€18,229▲
Profit (loss) brought forward from the previous period14P€6,880-€18,272▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€41,299€55,422€49,076€5,086-€533-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,306€7,662€7,711€7,924€4,919€4,098€3,614€1,808▼ 50.0%
Other operating charges640/8---€3,770€791€858€536€548▲ 2.3%
Gross operating margin9900€41,699€38,045€38,584€59,588€55,491€62,135-€12,624€4,505-
Operating profit (loss)9901€2,825-€7,070€6,132€6,595-€5,640€8,103-€21,860€2,681-
Financial income75/76B---€866€1,601€1,089€1,160€41▼ 96.5%
Recurring financial income75€2,060€3,177€2,347€866€1,601€1,089€1,160€41▼ 96.5%
Financial charges65/66B---€4,071€4,263€4,048€4,453€2,679▼ 39.8%
Recurring financial charges65€3,252€3,739€4,257€4,071€4,263€4,048€4,453€2,679▼ 39.8%
Profit (loss) for the period before taxes9903€1,634-€7,632€4,222€3,390-€8,302€5,144-€25,152€43-
Profit (loss) for the period9904€1,634-€7,632€4,222€3,390-€8,302€5,144-€25,152€43-
Profit (loss) for the period to be appropriated9905€1,634-€7,632€4,222€3,390-€8,302€5,144-€25,152€43-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€136,200€141,900€80,879€104,932€132,261€113,899€43,798€40,599▼ 7.3%
Fixed assets21/28€51,005€44,122€37,334€37,472€35,596€6,763€3,149€1,341▼ 57.4%
Intangible fixed assets21€0€0€0€0-----
Tangible fixed assets22/27€50,744€43,862€37,073€37,212€35,336€6,503€2,889€1,081▼ 62.6%
Land and buildings22---€27,886€26,706----
Plant, machinery and equipment23---€5,689€5,543€4,205€1,922€448▼ 76.7%
Furniture and vehicles24---€3,637€3,087€2,297€967€633▼ 34.5%
Leasing and similar rights25---€0-----
Financial fixed assets28€260€260€260€260€260€260€260€260=
Current assets29/58€85,196€97,778€43,546€67,460€96,665€107,136€40,649€39,258▼ 3.4%
Stocks and contracts in progress3€13,245€21,045€21,045€21,045€21,045€21,045€21,045€21,045=
Stocks30/36---€21,045€21,045€21,045€21,045€21,045=
Amounts receivable within one year40/41€60,253€66,064€17,101€29,693€67,680€81,917€17,364€10,002▼ 42.4%
Trade receivables40---€23,630€32,226€54,967€5,313€3,868▼ 27.2%
Other amounts receivable41---€6,064€35,454€26,950€12,051€6,134▼ 49.1%
Cash at bank and in hand54/58€9,908€8,747€5,400€14,822€7,303€2,656€83€4,889▲ 59×
Deferred charges and accrued income490/1---€1,900€636€1,518€2,157€3,322▲ 54.0%
Equity and liabilities
Total equity and liabilities10/49€136,200€141,900€80,879€104,932€132,261€113,899€43,798€40,599▼ 7.3%
Equity10/15€17,277€9,645€13,867€17,258€8,955€14,100-€11,053-€11,009▲ 0.4%
Contributions10/11€6,200€6,200€0€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,020€1,020€1,020€1,020€1,020€1,020€1,020€1,020=
Non-distributable reserves130/1---€1,020€1,020€1,020€1,020€1,020=
Reserves not available under the articles1311---€1,020€1,020€1,020€1,020€1,020=
Profit (loss) carried forward14€10,058€2,426€6,648€10,038€1,736€6,880-€18,272-€18,229▲ 0.2%
Amounts payable17/49€118,923€132,255€67,012€87,675€123,305€99,799€54,850€51,608▼ 5.9%
Amounts payable after more than one year17€49,097€34,689€29,119€15,945€4,786----
Financial debts170/4---€15,945€4,786----
Amounts payable within one year42/48€69,826€97,566€37,893€71,730€64,180€99,799€54,850€51,608▼ 5.9%
Current portion of amounts payable after more than one year42---€14,963€11,159€5,386---
Financial debts43---€15,000-€25,000€25,000€25,000=
Credit institutions430/8---€15,000-€25,000€25,000€25,000=
Trade debts44€27,587€56,868€5,828€39,447€47,299€69,414€29,250€21,231▼ 27.4%
Suppliers440/4---€39,447€47,299€69,414€29,250€21,231▼ 27.4%
Taxes, remuneration and social security45---€2,320€5,721-€600--
Taxes450/3---€100€29-€600--
Remuneration and social security454/9---€2,220€5,692----
Other amounts payable47/48---€0---€5,377-
Accrued charges and deferred income492/3----€54,340----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,634-€7,632€4,222€3,390-€8,302€5,144-€25,152€43-
+ Depreciation and write-downs630€8,306€7,662€7,711€7,924€4,919€4,098€3,614€1,808▼ 50.0%
Operating cash flow (approximation)€9,940€30€11,933€11,314-€3,384€9,242-€21,538€1,852-
Investment in fixed assets (approximation)--€780-€922-€8,062-€3,043€24,735€0€0-
Change in cash--€1,160-€3,348€9,422-€7,519-€4,647-€2,573€4,806-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 18-09-2026 2026-00516221 NBB
31-12-2024 micro format 28-08-2025 2025-00422940 PDF
31-12-2023 micro format 22-08-2024 2024-00360220 PDF
31-12-2022 micro format 23-08-2023 2023-00355371 PDF
31-12-2021 micro format 31-08-2022 2022-20374407 PDF
31-12-2020 micro format 30-08-2021 2021-57600340 PDF
31-12-2019 micro format 24-11-2020 2020-71800418 PDF
31-12-2018 micro format 10-09-2019 2019-63800504 PDF
31-12-2017 micro format 25-01-2019 2019-02300068 PDF
31-12-2016 micro format 31-05-2017 2017-14100107 PDF

Show all 13 filings

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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 1,588 active companies whose main activity is manufacture of other builders' carpentry and joinery (NACE 16230), figures are known for 803. See the whole sector

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