Turnover
≈ €120,000 estimated
The micro format states no turnover.
artitech
Overview
Lifetime
2 annual accounts with figures on one time axispeak €29,318 (2025)
€29,318▲ 246%
peak €6,676 (2025)
€6,676▲ 329%
peak €11,230 (2025)
€11,230▲ 147%
€35,755▼ 9.0%
Board2 names since 2024
2 directorsPAQUIS Charles and 1 other
Documentsfilings and deeds
12-10-202673 days late
2025micro format
Gross margin from €8,463 to €29,318Result from €1,555 to €6,676Equity from €4,555 to €11,230
Key points
from the 2025 annual accountsDebts
€35,755 76% of the balance sheet
Suppliers 18%Taxes and wages 21%Other 61%
Position in the sector
€11,230
Less equity than 83% of companies in fabricated metal products. Sector median €72,830 · 2,346 companies.
2025 accounts filed 73 days after the deadline
Checked score
53
Fair
Financially stronger than 55% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 1.4%lowest value
10-2025: 1.4%● unchanged vs 09-2025lowest value
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.5%▲ +0.1 percentage points vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.6%▲ +0.1 percentage points vs 02-2026
04-2026: 1.8%▲ +0.2 percentage points vs 03-2026
05-2026: 1.7%▼ -0.1 percentage points vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.9%▲ +0.2 percentage points vs 06-2026
08-2026: 2.5%▲ +0.6 percentage points vs 07-2026
09-2026: 3.0%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 2.6%▼ -0.4 percentage points vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Last filed accounts filed 73 days late; 1 of the last 3 accounts late
Size: total assets €46,985
lowers risk
Liquidity: current ratio 0.85, cash €9,927
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 25, micro). It does better than 27% of them on solvency, 22% on liquidity, 75% on profitability and 95% 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 7,976 companies had the same profile as artitech has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of artitech itself: 2.6% 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 7,976 companies, not a prediction for artitech. 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 €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.85 (0.5 in 2024), below 1. Short-term debt is 76.1% and cash 21.1% of total assets. 76.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
73 days late
2024
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 51 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PAQUIS Charles 50 sharesdeed of 05-08-2024
- RIZZO Marco Sebastiano 50 sharesdeed of 05-08-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012145015
Incorporation
Founding capital of €3,000, 100 shares · Founders: PAQUIS Charles and RIZZO Marco Sebastiano · Appointments: PAQUIS Charles (director) and RIZZO Marco Sebastiano (director) · published on 05-08-2024 · Gazette deed
First establishment
Wilderkasteellaan 5, Sint-Pieters-Leeuw
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| artitech Sint-Pieters-Leeuw | €46,985 | €29,318 | 23.9% | - |
| Metaal Constructies Smets Boortmeerbeek | €57,457 | €25,242 | 18.3% | - |
| Habo Tech Lokeren | €41,264 | €35,175 | 18.2% | - |
| GIO METAL Charleroi | €44,075 | €29,932 | 62.9% | - |
| PROMETALICA Asse | €56,476 | €46,265 | 60.5% | - |
| VA COMPANY Zaventem | €45,864 | €26,238 | 64.1% | - |
| SteelYourWood Hoeilaart | €38,194 | €18,009 | 40.5% | - |
These companies have the same main activity as artitech: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €38,200 and €57,500, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 01-08-2024Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 2 others
- Establishment unit
- 2.363.876.6371600 Sint-Pieters-Leeuw, since 01-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- €29,318▲ 246%
- €6,676▲ 329%
- €11,230▲ 147%
- €46,985▲ 7.1%
- Filing
- Filed on 12-10-2026
Insights on artitech
The computed 12-month bankruptcy probability of artitech is 2.6% (moderate). The 2025 annual accounts show equity of €11,230 and a net result of €6,676.
Its solvency ranks better than 29% of 2,343 sector peers (NACE 25, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 12-10-2026, 73 days late€29,318
▲ 246%
€10,879
▲ 392%
€6,676
▲ 329%
-€5,203
▲ €14,292
23.9%
▲ 13.5 percentage points
0.85
▲ 0.35
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €71,000 and €210,000.
Balance sheet
balance sheet total €46,985 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
23.9%
Higher than 29% of 2,343 companies in 2025.
0.85
Higher than 20% of 2,309 companies in 2025.
14.2%
Higher than 71% of 2,323 companies in 2025.
artitech
Middle half of the sector
80% of the sector
Micro accounts in fabricated metal products (NACE 25)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
46,985 | 43,864 | |
21/28 |
16,434 | 24,050 | |
22/27 |
15,990 | 23,750 | |
24 |
15,990 | 23,750 | |
28 |
444 | 300 | |
29/58 |
30,551 | 19,814 | |
40/41 |
14,560 | 11,000 | |
40 |
13,626 | 10,467 | |
41 |
933 | 532 | |
54/58 |
9,927 | 8,750 | |
490/1 |
6,065 | 64 | |
| Balance sheet: equity and liabilities | |||
10/49 |
46,985 | 43,864 | |
10/15 |
11,230 | 4,555 | |
10/11 |
3,000 | 3,000 | |
14 |
8,230 | 1,555 | |
17/49 |
35,755 | 39,310 | |
42/48 |
35,755 | 39,310 | |
44 |
6,529 | 8,650 | |
440/4 |
6,529 | 8,650 | |
45 |
7,463 | 703 | |
450/3 |
4,463 | 703 | |
454/9 |
3,000 | - | |
47/48 |
21,762 | 29,957 | |
| Income statement | |||
9900 |
29,318 | 8,463 | |
630 |
17,559 | 6,250 | |
640/8 |
880 | - | |
9901 |
10,879 | 2,213 | |
75/76B |
1 | 6 | |
75 |
1 | 6 | |
65/66B |
1,610 | 70 | |
65 |
1,610 | 70 | |
9903 |
9,270 | 2,149 | |
67/77 |
2,594 | 594 | |
9904 |
6,676 | 1,555 | |
9905 |
6,676 | 1,555 | |
| Appropriation of the result | |||
9906 |
8,230 | 1,555 | |
14P |
1,555 | - | |
| Document | |||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 73 days after the deadline. Filed on 12 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00553837.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 28,438 | 8,463 | ||
| 24,235 | 7,805 | ||
| 9,943 | 30,300 | ||
| 1,177 | - | ||
| -5,203 | -19,495 | ||
| 23.9% | 10.4% | ||
| 0.85 | 0.50 | ||
| 3.18 | 8.63 | ||
| 59.4% | 34.1% | ||
| 14.2% | 3.5% | ||
| 17.67 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €9,799 | €30,000 |
| Financial fixed assets | €144 | €300 |
| €17,559 | €6,250 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on artitech
The operating result for 2025 is 4.9 times that of 2024.
Debt's share of the balance-sheet total falls from 89.6% to 76.1%. Equity is higher and debt is lower.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 01-08-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 12-10-2026
Director (not named in the articles)
since 01-08-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 12-10-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 05-08-2024
Mandates through the years
2 names, the dashed line is todayPAQUIS Charles
Director (not named in the articles)
Director (not named in the articles)
RIZZO Marco Sebastiano
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- PAQUIS Charles
- Director (not named in the articles), from 01-08-2024 to date
- RIZZO Marco Sebastiano
- Director (not named in the articles), from 01-08-2024 to date
Control
Founders
This company
artitech
Equity €11,230
Profit €6,676 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €112 in 2025
- Source
- deed of 05-08-2024
Articles of association
deed of 05-08-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 05-08-2024 ↗
- PAQUIS Charles 50 shares (50%) · €1,500
- RIZZO Marco Sebastiano 50 shares (50%) · €1,500
Network & group
No group
artitech has no parent and no holdings in its annual accounts. artitech shares no director with another company.
At the same address
Wilderkasteellaan 5, 1600 Sint-Pieters-Leeuw · 4 other companies| APRO CONSTRUCT
registered office since 16-04-2024 · founded in 2024 |
total assets €182,004 (2025) 1008.460.302 |
| ATLAS ROOF
registered office since 08-04-2026 |
founded in 2026 1036.608.118 |
| Villela Da Costa Coutinho, Paula (sole trader)
establishment since 01-01-2018 |
founded in 2018 0684.717.951 |
| RDD AGENCY LTD
branch since 15-11-2002 |
founded in 2002 0479.297.883 |
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 73 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1012145015
Annual accounts 2024 filed NBBmicro format · 28 days late
2024
IncorporationFounding capital of €3,000, 100 shares · Founders: PAQUIS Charles and RIZZO Marco Sebastiano · Appointments: PAQUIS Charles (director) and RIZZO Marco Sebastiano (director) · published on 05-08-20246 points ▸
- Founder, PAQUIS Charles (comparant)
- Founder, RIZZO Marco Sebastiano (comparant)
- Registered office clause, Wilderkasteellaan 5 1600 Sint-Pieters-Leeuw
- Founding capital, €3,000, 100 shares
- Director appointment, PAQUIS Charles (director (not named in the articles))
- Director appointment, RIZZO Marco Sebastiano (director (not named in the articles))
- The deed holds 5 more points.
First establishment Wilderkasteellaan 5, Sint-Pieters-Leeuw
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1012.145.015
- VAT number
- BE 1012.145.015
- Peppol ID
- 0208:1012145015
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 01-08-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of June at 18:00deed of 05-08-2024 (in Dutch)
- Peppol
- Reachable since 16-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- artitech in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 05-08-2024 (in Dutch)
Activities
NACEBEL 202525110
Manufacture of metal structures and parts of structures main activity
31002
Manufacture of furniture
43320
Joinery installation
Codes under NACEBEL 2008
25110
Manufacture of metal structures and parts of structures main activity
31020
Manufacture of furniture
43320
Joinery installation
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Plaatsen en herstellen van vrachtwagenplatform; Groot- en kleinhandel,invoer,uitvoer,handel,leveren,plaatsen en herstellen van…”deed of 05-08-2024 (in Dutch)
4 activities
- Plaatsen en herstellen van vrachtwagenplatform.
- Groot- en kleinhandel,invoer,uitvoer,handel,leveren,plaatsen en herstellen van keukens,badkamers en binnenhuisinrichting met bijhorende elektrische en sanitaire toestellen,meubelen en huishoudvoorwerpen met onder andere:inbouwkeukens,elektrische huishoudapparaten,meubels en modulaire meubelelementen voor de inbouwkeukens,schrijnwerkerij van hout of van kunststof,al dan niet verplaatsbare tussenwanden in hout of kunststof,de montage van buiten- en binnenschrijnwerk in metaal.
- Adviesverlening met betrekking tot,ontwerp en plaatsing van binnenhuis- en interieurinrichtingen.
- Het uitvoeren van allerhande studies,ontwerpen en onderzoek.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Wilderkasteellaan 5 registered office 1600 Sint-Pieters-Leeuw | 01-08-2024 | 2.363.876.637 |
Buildings and parcels at the address
- Ground area
- 562 m²
- Buildings
- 186 m²
- Volume, LiDAR
- 1,898 m³
- Tallest building
- 12.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23582E0235/00W000 | 562 m² | 1 · 186 m² | 12.1 m · 4 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1012.145.015