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ARTN

Active
Private limited companyfounded 20241 yr activeVerbindingsstraat 89, 1800 Vilvoorde, BelgiumKBO/BCE: BE 1014.448.863
Summary

ARTN has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €68k. Its solvency ranks better than 90% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.75; short-term debt: 16.4% and cash: 31.9% of total assets), and 16.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
83.6%
Return on assets
80.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 1 filing
Deviation from the deadline
2025
31 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 2025, abbreviated schema

Equity
€71k
Total assets
€85k
Net result
€68k
Working capital
€24k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €85k
Fixed assets €47k
Current assets €38k
Equity and liabilities €85k
Equity €71k
Debt €14k
Debt finances 16.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€79k
Cash flow
€79k
Current ratio
2.75
Debt to equity
0.20
ROE
95.8%
ROA
80.1%
Interest coverage
3647.13
Debt ≤ 1 year
€14k
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€85k
Fixed assets21/28€47k
Tangible fixed assets22/27€47k
Furniture and vehicles24€47k
Current assets29/58€38k
Amounts receivable within one year40/41€11k
Trade receivables40€11k
Cash at bank and in hand54/58€27k
Equity and liabilities
Total equity and liabilities10/49€85k
Equity10/15€71k
Contributions10/11€3k
Capital10€3k
Issued capital100€3k
Reserves13€300
Non-distributable reserves130/1€300
Legal reserve130€300
Profit (loss) carried forward14€68k
Amounts payable17/49€14k
Amounts payable within one year42/48€14k
Trade debts44€11k
Suppliers440/4€11k
Taxes, remuneration and social security45€3k
Taxes450/3€3k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k
Other operating charges640/8€911
Gross operating margin9900€80k
Operating profit (loss)9901€68k
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903€68k
Profit (loss) for the period9904€68k
Profit (loss) for the period to be appropriated9905€68k
Appropriation of the result
Profit (loss) to be appropriated9906€68k
Transfer to equity691/2€300
To the legal reserve6920€300

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k
Other operating charges640/8€911
Gross operating margin9900€80k
Operating profit (loss)9901€68k
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903€68k
Profit (loss) for the period9904€68k
Profit (loss) for the period to be appropriated9905€68k
Line2025
Assets
Total assets20/58€85k
Fixed assets21/28€47k
Tangible fixed assets22/27€47k
Furniture and vehicles24€47k
Current assets29/58€38k
Amounts receivable within one year40/41€11k
Trade receivables40€11k
Cash at bank and in hand54/58€27k
Equity and liabilities
Total equity and liabilities10/49€85k
Equity10/15€71k
Contributions10/11€3k
Capital10€3k
Issued capital100€3k
Reserves13€300
Non-distributable reserves130/1€300
Legal reserve130€300
Profit (loss) carried forward14€68k
Amounts payable17/49€14k
Amounts payable within one year42/48€14k
Trade debts44€11k
Suppliers440/4€11k
Taxes, remuneration and social security45€3k
Taxes450/3€3k
Line2025
Profit (loss) for the period9904€68k
+ Depreciation and write-downs630€11k
Operating cash flow (approximation)€79k

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

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Vilvoorde · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
479 m²
Building footprint
87 m²
Volume, LiDAR
699 m³
Parcel 23643G0528/00M004, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ARTN
Verbindingsstraat 89, 1800 VilvoordeManufacture of electrical equipment
since 20242.364.957.493
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23643G0528/00M004 Flanders 478 m² 1 · 87 m² 11.7 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 29,787 companies in sector 41001 we hold annual accounts for 16,036. 13,227 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
Founded01-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
43350Other building finishing work
43410Roofing work
43990Other specialised construction activities

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