ARTISHOK
ActiveARTISHOK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €85k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 10253 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-1
Solvency43▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.91 in 2024; short-term debt: 56.6% and cash: 30.4% of total assets), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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%
Return on assets
8%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 €192k
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 d early
2024
on the day
2023
1 d early
2022
1 d late
2021
10 d late
2020
40 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€192k▲ 79.6%
2024 · €107k
2019: €-13k
2020: €-13k
2021: €-11k
2022: €8k
2023: €7k
2024: €107k
2019 → 2025
Total assets
€1.07M▼ 4.0%
2024 · €1.12M
2019: €1.11M
2020: €1.11M
2021: €1.05M
2022: €1.03M
2023: €1.02M
2024: €1.12M
2019 → 2025
Net result
€85k▼ 15.0%
2024 · €100k
2019: €-113k
2020: €13
2021: €2k
2022: €9k
2023: €-1k
2024: €100k
2019 → 2025
Working capital
€27k
2024 · €-63k
2019: €-141k
2020: €-188k
2021: €-173k
2022: €-126k
2023: €-85k
2024: €-63k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-11k-€8k€7k▼ 17.2%€107k▲ 1,482%€192k▲ 79.6%
Operating result€16k-€26k▲ 63.9%€14k▼ 45.5%€125k▲ 774%€150k▲ 20.6%
Net result€2k-€9k▲ 334%€-1k€100k€85k▼ 15.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€438k▼ 14.2%
Current assets
€633k▲ 4.5%
Equity and liabilities €1.07M
Equity
€192k▲ 79.6%
Debt
€879k▼ 12.9%
The debt ratio falls from 90.4% to 82.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€223k▲
2024 · €191k
Cash flow
€158k▼
2024 · €167k
Solvency
18.0%▲
2024 · 9.6%
Current ratio
1.05▲
2024 · 0.91
Quick ratio
0.61▲
2024 · 0.50
Debt / equity
4.57▼
2024 · 9.42
ROE
44.3%▼
2024 · 93.7%
ROA
8.0%▼
2024 · 9.0%
Interest coverage
13.11▲
2024 · 11.26
Debt
€879k▼
2024 · €1.01M
Debt ≤ 1 year
€606k▼
2024 · €669k
Debt > 1 year
€266k▼
2024 · €339k
Income taxes
€48k▲
2024 · €7k
Staff costs
€121k▲
2024 · €117k
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€1.12M€1.07M▼
Fixed assets21/28€510k€438k▼
Tangible fixed assets22/27€490k€417k▼
Land and buildings22€420k€368k▼
Plant, machinery and equipment23€27k€18k▼
Furniture and vehicles24€42k€32k▼
Financial fixed assets28€21k€21k=
Current assets29/58€606k€633k▲
Stocks and contracts in progress3€269k€262k▼
Stocks30/36€269k€262k▼
Amounts receivable within one year40/41€47k€43k▼
Other amounts receivable41€47k€43k▼
Cash at bank and in hand54/58€234k€326k▲
Deferred charges and accrued income490/1€56k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.07M▼
Equity10/15€107k€192k▲
Contributions10/11€100k€100k=
Reserves13-€85k
Distributable reserves133-€85k
Profit (loss) carried forward14€7k€7k=
Amounts payable17/49€1.01M€879k▼
Amounts payable after more than one year17€339k€266k▼
Financial debts170/4€280k€222k▼
Advances received on contracts in progress176€59k€44k▼
Amounts payable within one year42/48€669k€606k▼
Current portion of amounts payable after more than one year42€131k€133k▲
Trade debts44€516k€404k▼
Suppliers440/4€516k€404k▼
Taxes, remuneration and social security45€22k€69k▲
Taxes450/3€13k€58k▲
Remuneration and social security454/9€9k€11k▲
Accrued charges and deferred income492/3€1k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€117k€121k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€72k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€312k€348k▲
Operating profit (loss)9901€125k€150k▲
Financial income75/76B€5-
Recurring financial income75€5-
Financial charges65/66B€17k€17k=
Recurring financial charges65€17k€17k=
Profit (loss) for the period before taxes9903€108k€133k▲
Income taxes67/77€7k€48k▲
Profit (loss) for the period9904€100k€85k▼
Profit (loss) for the period to be appropriated9905€100k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€92k▲
Profit (loss) brought forward from the previous period14P€-93k€7k▲
Transfer to equity691/2-€85k
To other reserves6921-€85k
Social balance
Average headcount (FTE)90873.85.3▲
The notes to these accounts (9 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €150kEq €192k ▲79.6%
2 profitable years in a row build equity to €192k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
30-06
Financial
Equity above €100kEq €107k ▲1482%
Equity rises from €7k to €107k.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Back to profitnet €13
Net result €13 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated 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, Nieuwerkerken (Limb.) · 1 establishment unit since 2018
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.
Mouveldstraat 203850 Nieuwerkerken (Limb.)Ground area
1,315 m²
Building footprint
1,233 m²
Volume, LiDAR
7,595 m³
Parcel 71045C0240/00P002, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mouveldstraat 20, 3850 Nieuwerkerken (Limb.)
since 20182.272.399.204
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71045C0240/00P002 | Flanders | 1,315 m² | 1 · 1,233 m² | 11.6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNieuwerkerken (Limb.)2.272.399.204
Dual-learning approval
3 live approvalsOnthaal, organisatie en sales duaal (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 4,266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-01-2018
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.