artitech
ActiveSummary
The computed 12-month bankruptcy probability of artitech is 2.7% (moderate). The 2024 annual accounts show equity of €5k and a net result of €2k. Its solvency ranks better than 15% of 2437 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability73
Solvency35
Growth-
Track record67
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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
10.4%
Return on assets
3.5%
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 15% of 2437 sector peers (2024).
NBB · sector comparisonPosition among 2437 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 1 filingDeviation from the deadline
2024
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€5k
Total assets
€44k
Net result
€2k
Working capital
€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €44k
Fixed assets
€24k
Current assets
€20k
Equity and liabilities €44k
Equity
€5k
Debt
€39k
Debt finances 89.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€8k
Cash flow
€8k
Current ratio
0.50
Debt to equity
8.63
ROE
34.1%
ROA
3.5%
Interest coverage
120.89
Debt ≤ 1 year
€39k
Income taxes
€594
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet
Code2024
Assets
Total assets20/58€44k
Fixed assets21/28€24k
Tangible fixed assets22/27€24k
Furniture and vehicles24€24k
Financial fixed assets28€300
Current assets29/58€20k
Amounts receivable within one year40/41€11k
Trade receivables40€10k
Other amounts receivable41€532
Cash at bank and in hand54/58€9k
Deferred charges and accrued income490/1€64
Equity and liabilities
Total equity and liabilities10/49€44k
Equity10/15€5k
Contributions10/11€3k
Profit (loss) carried forward14€2k
Amounts payable17/49€39k
Amounts payable within one year42/48€39k
Trade debts44€9k
Suppliers440/4€9k
Taxes, remuneration and social security45€703
Taxes450/3€703
Other amounts payable47/48€30k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Gross operating margin9900€8k
Operating profit (loss)9901€2k
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€70
Recurring financial charges65€70
Profit (loss) for the period before taxes9903€2k
Income taxes67/77€594
Profit (loss) for the period9904€2k
Profit (loss) for the period to be appropriated9905€2k
Appropriation of the result
Profit (loss) to be appropriated9906€2k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k |
| Gross operating margin9900 | €8k |
| Operating profit (loss)9901 | €2k |
| Financial income75/76B | €6 |
| Recurring financial income75 | €6 |
| Financial charges65/66B | €70 |
| Recurring financial charges65 | €70 |
| Profit (loss) for the period before taxes9903 | €2k |
| Income taxes67/77 | €594 |
| Profit (loss) for the period9904 | €2k |
| Profit (loss) for the period to be appropriated9905 | €2k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €44k | |
| Fixed assets21/28 | €24k | |
| Tangible fixed assets22/27 | €24k | |
| Furniture and vehicles24 | €24k | |
| Financial fixed assets28 | €300 | |
| Current assets29/58 | €20k | |
| Amounts receivable within one year40/41 | €11k | |
| Trade receivables40 | €10k | |
| Other amounts receivable41 | €532 | |
| Cash at bank and in hand54/58 | €9k | |
| Deferred charges and accrued income490/1 | €64 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €44k | |
| Equity10/15 | €5k | |
| Contributions10/11 | €3k | |
| Profit (loss) carried forward14 | €2k | |
| Amounts payable17/49 | €39k | |
| Amounts payable within one year42/48 | €39k | |
| Trade debts44 | €9k | |
| Suppliers440/4 | €9k | |
| Taxes, remuneration and social security45 | €703 | |
| Taxes450/3 | €703 | |
| Other amounts payable47/48 | €30k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €2k |
| + Depreciation and write-downs630 | €6k |
| Operating cash flow (approximation) | €8k |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Sint-Pieters-Leeuw · 1 establishment unit since 2024
Ground area
562 m²
Building footprint
186 m²
Volume, LiDAR
1,898 m³
Parcel 23582E0235/00W000, Flanders · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
artitech
since 20242.363.876.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0235/00W000 | Flanders | 562 m² | 1 · 186 m² | 12.1 m · 4 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.
Similar companies · same sector, comparable size
BELHORS
BE 1007.421.610
De Haan · Eq €4,496
K&Co Works
BE 0732.666.437
Ardooie · Eq €4,465
Metaalskeletbouw
BE 0708.946.175
Evergem · Eq €4,408
JCA CONSTRUCT
BE 0539.746.701
Wichelen · Eq €4,720
HET STAALCOLLECTIEF
BE 0768.700.056
Putte · Eq €4,384
Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 458 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
Founded01-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
31002Manufacture of furniture
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.