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ARTKONCEPTAGENCY

Active
Private limited companyfounded 200818 yrs activeViaductstraat 37, 1050 Elsene, BelgiumKBO/BCE: BE 0806.227.376
Summary

ARTKONCEPTAGENCY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-38k) and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
23 / 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.29 in 2023; short-term debt: 444.8% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 2024
Solvency, return and age of the figures
Solvency
-398%
Return on assets
-125.1%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-38k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
27 d late
2022
120 d late
2021
2 d early
2020
18 d late
2019
40 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-12k▼ 37.1%
2023 · €-9k
2018: €10k 2019: €-21k 2020: €33k 2021: €791 2022: €-23k 2023: €-9k
2018 → 2024
Working capital
€-38k▼ 58.2%
2023 · €-24k
2018: €-3k 2019: €-25k 2020: €-4k 2021: €-2k 2022: €-18k 2023: €-24k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€6k-€6k▼ 0.2%€-17k€-26k▼ 50.3%€-38k▼ 45.9%
Operating result€40k-€4k▼ 88.7%€-22k€-8k▲ 62.2%€-12k▼ 39.6%
Net result€33k-€791▼ 97.6%€-23k€-9k▲ 62.1%€-12k▼ 37.1%
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €40k€40kNet result 2020: €33k€33kOperating result 2021: €4k€4kNet result 2021: €791€791Operating result 2022: €-22k€-22kNet result 2022: €-23k€-23kOperating result 2023: €-8k€-8kNet result 2023: €-9k€-9kOperating result 2024: €-12k€-12kNet result 2024: €-12k€-12k20202021202220232024€-30k€-20k€-10k€0Operating result 2022: €-22k€-22kNet result 2022: €-23k€-23kOperating result 2023: €-8k€-8.4kNet result 2023: €-9k€-8.6kOperating result 2024: €-12k€-12kNet result 2024: €-12k€-12k202220232024
The operating result stays negative: a loss of €12k in 2024 against €8k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9k
Fixed assets €5k ▲ 66.7%
Current assets €4k ▼ 57.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-10k
2023 · €-7k
Cash flow
€-10k
2023 · €-7k
Solvency
-398.0%
2023 · -196.7%
Current ratio
0.10
2023 · 0.29
Debt to equity
-1.25
2023 · -1.51
ROA
-125.1%
2023 · -65.8%
Interest coverage
-56.89
2023 · -30.44
Debt
€47k
2023 · €39k
Debt ≤ 1 year
€42k
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€13k€9k
Fixed assets21/28€3k€5k
Tangible fixed assets22/27€2k€4k
Furniture and vehicles24€2k€4k
Other tangible fixed assets26€274-
Financial fixed assets28€840€840=
Current assets29/58€10k€4k
Amounts receivable within one year40/41€7k€4k
Trade receivables40€3k€3k
Other amounts receivable41€4k€1k
Cash at bank and in hand54/58€3k€1
Equity and liabilities
Total equity and liabilities10/49€13k€9k
Equity10/15€-26k€-38k
Contributions10/11€6k€6k=
Reserves13€485€485=
Non-distributable reserves130/1€485€485=
Reserves not available under the articles1311€485€485=
Profit (loss) carried forward14€-33k€-44k
Amounts payable17/49€39k€47k
Amounts payable within one year42/48€34k€42k
Financial debts43-€685
Credit institutions430/8-€685
Trade debts44€14k€13k
Suppliers440/4€14k€13k
Taxes, remuneration and social security45€258-
Taxes450/3€258-
Other amounts payable47/48€19k€29k
Accrued charges and deferred income492/3€5k€5k=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€1k€294
Gross operating margin9900€-5k€-10k
Operating profit (loss)9901€-8k€-12k
Financial income75/76B€2€97
Recurring financial income75€2€97
Financial charges65/66B€216€175
Recurring financial charges65€216€175
Profit (loss) for the period before taxes9903€-9k€-12k
Profit (loss) for the period9904€-9k€-12k
Profit (loss) for the period to be appropriated9905€-9k€-12k
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-44k
Profit (loss) brought forward from the previous period14P€-24k€-33k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
31-12
Financial Weakest financial yearnet €-23k ▼2983%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
31-12
Financial Back to profitnet €33k
Net result €33k after one loss-making year.
09-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 40 days late
2019
16-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 47 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
26-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 26 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, Elsene
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.

Viaductstraat 371050 Elsene
Ground area
163 m²
Building footprint
68 m²
Volume, LiDAR
828 m³
Parcel 21442A0133/00V005, Brussels · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21442A0133/00V005 Brussels 163 m² 1 · 68 m² 15.3 m · 4 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.

Similar companies · same sector, comparable size

Of 886 companies in sector 74991 we hold annual accounts for 317. 130 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
74991Agents and managers of artists, athletes and other public figures
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

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