Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of ARTMAR is 2.8% (moderate). The 2024 annual accounts show equity of €4k and a net result of €435. Its solvency ranks better than 18% of 3827 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.8%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
2 signals · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3827 sector peers (2024).
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
3 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€435-55.4%
Working capital€-1k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 28-02-2026 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.8% | 39.4% | |
| Net result | €435 | €9k | |
| Equity | €4k | €29k | |
| Gross operating margin | €8k | €26k | |
| Total assets | €45k | €85k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€4k
-
far above sector median
€435
-55.4%
far above sector median
€647
-
far above sector median
€45k
+39.9%
-74% vs sector
€4k
+10.9%
-95% vs sector
€-1k
-
far below sector median
€3k
+497.6%
far above sector median
€40k
+44.0%
-25% vs sector
€40k
+44.0%
-25% vs sector
0.97
-14.9%
-55% vs sector
0.97
-14.9%
-55% vs sector
9.8%
-20.7%
-82% vs sector
9.15
+29.8%
far above sector median
9.9%
-59.8%
far above sector median
1.0%
-68.2%
far above sector median
3.31
-
far above sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €4k |
| Net profit | €435 |
| Cash flow | €647 |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €45k |
| Equity | €4k |
| Debt | €40k |
| of which ≤ 1y | €40k |
| of which > 1y | - |
| Working capital | €-1k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.97 |
| Working capital ratio | -2.6% |
| Solvency | 9.8% |
| Debt / equity | 9.15 |
| Long-term debt ratio | - |
| Interest coverage | 3.31 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.0% |
| ROE | 9.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €45k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €39k |
| Amounts receivable within one year | 40/41 | €30k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €45k |
| Equity | 10/15 | €4k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €1k |
| Amounts payable | 17/49 | €40k |
| Amounts payable within one year | 42/48 | €40k |
| Trade debts payable within one year | 44 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €8k |
| Operating result | 9901 | €4k |
| Financial income | 75 | €666 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €3k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €435 |
| Result to be appropriated | 9905 | €435 |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed41
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
1 directorCurrent directors & mandates
-
Current10-06-2024 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
indexingNo insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 28-09-2022 |
| Status | Active |
| Postal code | 2650 |
Locations & real estate
Parcels1
Ground area178 m²
Buildings1
Building footprint149 m²
Volume (LiDAR)1,011 m³
Tallest building8.7 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0075/00S005 | Flanders | 178 m² | 1 · 149 m² | 8.7 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Analysis
Snowflake analysis
financial profile on 5 axes51
/ 100
Mixed profile: strong on stability, weaker on solvency.
Health
41
Profitability
49
Solvency
17
Growth
52
Stability
94
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311
Primary activity highlighted.
Names & trade names
| Legal nameNL | ARTMAR |
Registered office
Mechelsesteenweg 472
2650 Edegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.