Equity
€192,438 ▲ 79.6%
Equity rose in 2025 from €107,138 to €192,438.
ARTISHOK
Lifetime
7 annual accounts with figures on one time axispeak €347,702 (2025)
€347,702▲ 11.5%
lowest -€112,741 (2019)
€85,299▼ 15.0%
peak €192,438 (2025)
€192,438▲ 79.6%
€878,715▼ 12.9%
peak 7.6 FTE (2020)
5.3 FTE▲ 39.5%
Board1 name since 2022
1 directorSHARDA ASHOK
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Staff from 3.8 FTE to 5.3 FTEEquity from €107,138 to €192,438Cash from €233,524 to €325,603
Key points
from the 2025 annual accountsChecked score
84
Excellent
Financially stronger than 65% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.8%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 0.9%▼ -0.9 percentage points vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 1.0%▲ +0.1 percentage points vs 11-2025
01-2026: 1.2%▲ +0.2 percentage points vs 12-2025
02-2026: 0.5%▼ -0.7 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Equity €192,438 (18.0% of total assets)
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 1.05, cash €325,603
Figures for financial year 2025 (filed on 30-01-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 34% of them on solvency, 65% on liquidity, 69% on profitability and 90% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as ARTISHOK has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARTISHOK itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 6,713 companies, not a prediction for ARTISHOK. 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
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (0.91 in 2024), below the usual 1.5. Short-term debt is 56.6% and cash 30.4% of total assets. 82% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €192,438
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
1 day early
2022
1 day late
2021
10 days late
2020
40 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0688998522
Incorporation
published on 31-01-2018 · Gazette deed
First establishment
Mouveldstraat 20, Nieuwerkerken (Limb.)
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARTISHOK Nieuwerkerken (Limb.) | €1.1m | €347,702 | 18.0% | 5.3 |
| DKN FOOD MARKET Zulte | €1.3m | €380,734 | 32.5% | 4.8 |
| SUGOFA Beveren-Kruibeke-Zwijndrecht | €1.3m | €335,596 | 18.4% | 5.8 |
| MARSICO Hamont-Achel | €0.9m | €287,788 | -14.8% | 6.5 |
| Zweveco Dilsen-Stokkem | €0.7m | €325,418 | -36.6% | 5.1 |
| FD Drinks Leopoldsburg | €1.2m | €341,999 | 28.5% | 5.9 |
| TILIAVICUS Peer | €1.2m | €211,752 | 8.8% | 4.7 |
These companies have the same main activity as ARTISHOK: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €689,000 and €1.3m, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 29-01-2018Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Joint committee
- 201Independent retail · annual accounts 30-06-2025
- Establishment unit
- 2.272.399.2043850 Nieuwerkerken (Limb.), since 29-01-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 21-11-2025
Annual accounts to 30-06-2025
- ≈ €3.3mestimated
- €1.1m▼ 4.0%
- Employeeson 30-06-2025
- 6▲ 100%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on ARTISHOK
ARTISHOK files the abbreviated format. That format states no turnover. The gross margin rose from €155,036 in 2019 to €347,702 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 ARTISHOK
- What is the company number of ARTISHOK?
- The company number of ARTISHOK is 0688.998.522. The VAT number is the same number with BE in front: BE 0688.998.522.
- Where is ARTISHOK based?
- The registered office is at Mouveldstraat 20, 3850 Nieuwerkerken (Limb.).Company details
- What does ARTISHOK do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of ARTISHOK?
- ARTISHOK is a private limited company (pre-2019) (BVBA).
- When was ARTISHOK founded?
- ARTISHOK was founded on 29-01-2018.
- Is ARTISHOK still active?
- Yes, ARTISHOK is an active enterprise in the KBO register.
- How many employees does ARTISHOK have?
- ARTISHOK had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ARTISHOK fall under?
- In its 30-06-2025 annual accounts, ARTISHOK states joint committee 201 (Independent retail).
- What is the turnover of ARTISHOK?
- The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €347,702 and 42 comparable companies (NACE 47110). It probably lies between €2.8m and €4.4m.
- Is ARTISHOK profitable?
- In financial year 2025, ARTISHOK made a profit of €85,299.
- Where can I find the annual accounts of ARTISHOK?
- ARTISHOK filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARTISHOK due?
- ARTISHOK must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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