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ARTIVA

Active
Private limited companyfounded 20233 yrs activeHoutekietstraat 10, 8540 Deerlijk, BelgiumKBO/BCE: BE 0799.146.277
Summary

The computed 12-month bankruptcy probability of ARTIVA is 1.9% (moderate). The 2025 annual accounts show equity of €4,835 and a net result of €2,905. Its solvency ranks better than 25% of 11693 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability75▲+75
Solvency33▼-67
Growth78
Track record94
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.37; short-term debt: 91.9% and cash: 3.1% of total assets), and 91.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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 2025
Solvency, return and age of the figures
Solvency
8.1%
Return on assets
4.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 11693 sector peers (2025).
NBB · sector comparison
Position among 11693 sector peers
Solvency
better than 25%
← weakest strongest →
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 29-01-2026, 2 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
2 d early
2024
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 March 2023, ARTIVA was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€4,835▲ 151%
2024 · €1,930
Total assets
€59,987▲ 2,385%
2024 · €2,414
Net result
€2,905
2024 · -€4,070
Working capital
-€34,957
2024 · €1,930
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€4,047-€2,953
Net result-€4,070below the sector's middle half-€2,905within the sector's middle half
Equity€1,930below the sector's middle half-€4,835below the sector's middle half▲ 151%
Total assets€2,414below the sector's middle half-€59,987below the sector's middle half▲ 2,385%
Debt€484-€55,152▲ 11,295%
Working capital€1,930below the sector's middle half--€34,957below the sector's middle half
Solvency8.1%below the sector's middle half
Current ratio0.37below the sector's middle half
Return on assets (ROA)4.8%within the sector's middle half
Staff (FTE)0below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0€2,000Operating result 2024: -€4,047-€4,047Net result 2024: -€4,070-€4,070Operating result 2025: €2,953€2,953Net result 2025: €2,905€2,90520242025-€6,000-€4,000-€2,000€0€2,000Operating result 2024: -€4,047-€4,050Net result 2024: -€4,070-€4,070Operating result 2025: €2,953€2,950Net result 2025: €2,905€2,91020242025
The operating result returns to profit in 2025: €2,953 after a loss of €4,047 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59,987
Fixed assets €39,792
Current assets €20,195
Equity and liabilities €59,987
Equity €4,835 ▲ 151%
Debt €55,152 ▲ 11,295%
Debt's share of the balance-sheet total rises from 20.1% to 91.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,953▲
2024 · -€2,881
Cash flow
€2,905▲
2024 · -€2,905
Debt to equity
11.41
ROE
60.1%
Interest coverage
62.42▲
2024 · -123.50
Debt ≤ 1 year
€55,152▲
2024 · €484
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,341 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% 1.0%
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% 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 2,135 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 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,414€59,987▲
Fixed assets21/28-€39,792
Intangible fixed assets21-€39,792
Current assets29/58€2,414€20,195▲
Amounts receivable within one year40/41€95€18,320▲
Trade receivables40-€14,883
Other amounts receivable41€95€3,437▲
Cash at bank and in hand54/58€2,319€1,875▼
Equity and liabilities
Total equity and liabilities10/49€2,414€59,987▲
Equity10/15€1,930€4,835▲
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€4,070-€1,165▲
Amounts payable17/49€484€55,152▲
Amounts payable within one year42/48€484€55,152▲
Trade debts44€484€5,064▲
Suppliers440/4€484€5,064▲
Other amounts payable47/48-€50,088
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,166€0▼
Other operating charges640/8€393€499▲
Gross operating margin9900-€2,489€3,452▲
Operating profit (loss)9901-€4,047€2,953▲
Financial charges65/66B€23€47▲
Recurring financial charges65€23€47▲
Profit (loss) for the period before taxes9903-€4,070€2,905▲
Profit (loss) for the period9904-€4,070€2,905▲
Profit (loss) for the period to be appropriated9905-€4,070€2,905▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,070-€1,165▲
Profit (loss) brought forward from the previous period14P--€4,070
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,166€0▼ 100%
Other operating charges640/8€393€499▲ 27.1%
Gross operating margin9900-€2,489€3,452▲ 239%
Operating profit (loss)9901-€4,047€2,953▲ 173%
Financial charges65/66B€23€47▲ 103%
Recurring financial charges65€23€47▲ 103%
Profit (loss) for the period before taxes9903-€4,070€2,905▲ 171%
Profit (loss) for the period9904-€4,070€2,905▲ 171%
Profit (loss) for the period to be appropriated9905-€4,070€2,905▲ 171%
Line20242025Change
Assets
Total assets20/58€2,414€59,987▲ 2,385%
Fixed assets21/28-€39,792-
Intangible fixed assets21-€39,792-
Current assets29/58€2,414€20,195▲ 737%
Amounts receivable within one year40/41€95€18,320▲ 19,276%
Trade receivables40-€14,883-
Other amounts receivable41€95€3,437▲ 3,535%
Cash at bank and in hand54/58€2,319€1,875▼ 19.2%
Equity and liabilities
Total equity and liabilities10/49€2,414€59,987▲ 2,385%
Equity10/15€1,930€4,835▲ 151%
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€4,070-€1,165▲ 71.4%
Amounts payable17/49€484€55,152▲ 11,295%
Amounts payable within one year42/48€484€55,152▲ 11,295%
Trade debts44€484€5,064▲ 946%
Suppliers440/4€484€5,064▲ 946%
Other amounts payable47/48-€50,088-
Line20242025Change
Profit (loss) for the period9904-€4,070€2,905▲ 171%
+ Depreciation and write-downs630€1,166€0▼ 100%
Operating cash flow (approximation)-€2,905€2,905▲ 200%
Change in cash--€444-

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €2,905
Net result €2,905 after one loss-making year.
06-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Deerlijk · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,951 m²
Building footprint
1,492 m²
Volume, LiDAR
10,932 m³
Parcel 34392E0662/00X000, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Houtekietstraat 10, 8540 Deerlijk
Manufacture of rubber and plastic products
since 20232.342.327.096
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34392E0662/00X000 Flanders 2,950 m² 1 · 1,492 m² 9.1 m · 3 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

Of 136 companies in this sector we hold annual accounts for 86. 14 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded03-03-2023
Fiscal year end30-06
Activities, NACEBEL 2025
46641Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799146277
Also 9925:BE0799146277
Registered 03-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.