ARTONA
ActiveThe computed 12-month bankruptcy probability of ARTONA is 1.7% (moderate). The 2024 annual accounts show negative equity (€-3k) and a net result of €-571. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 36373 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+68
Solvency20▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.58 in 2023; short-term debt: 86.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
-4.9%
Return on assets
-0.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
79 d late
2022
196 d late
2021
23 d late
2020
31 d late
2019
136 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-3k▼ 19.8%
2023 · €-3k
2018: €5k
2019: €10k
2020: €13k
2021: €23k
2022: €28k
2023: €-3k
2018 → 2024
Total assets
€71k▼ 12.6%
2023 · €81k
2018: €85k
2019: €88k
2020: €65k
2021: €80k
2022: €108k
2023: €81k
2018 → 2024
Net result
€-571▲ 98.2%
2023 · €-31k
2018: €-7k
2019: €5k
2020: €3k
2021: €10k
2022: €6k
2023: €-31k
2018 → 2024
Working capital
€-24k▲ 19.1%
2023 · €-29k
2018: €640
2019: €10k
2020: €14k
2021: €12k
2022: €6k
2023: €-29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€23k▲ 72.3%€28k▲ 25.5%€-3k€-3k▼ 19.8%
Operating result€9k-€12k▲ 29.0%€7k▼ 40.4%€-29k€674
Net result€3k-€10k▲ 198%€6k▼ 39.2%€-31k€-571▲ 98.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €674 after a loss of €29k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€33k▼ 18.4%
Current assets
€38k▼ 6.7%
Key figures and ratios
EBITDA
€11k▲
2023 · €-19k
Cash flow
€10k▲
2023 · €-22k
Solvency
-4.9%▼
2023 · -3.5%
Current ratio
0.61▲
2023 · 0.58
Quick ratio
0.42▲
2023 · 0.41
Debt / equity
-21.61▲
2023 · -29.25
ROA
-0.8%▲
2023 · -38.6%
Interest coverage
8.74▲
2023 · -16.21
Debt
€74k▼
2023 · €84k
Debt ≤ 1 year
€61k▼
2023 · €70k
Debt > 1 year
€13k▼
2023 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€81k€71k▼
Fixed assets21/28€41k€33k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€37k€30k▼
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€9k€8k▼
Leasing and similar rights25€11k€8k▼
Other tangible fixed assets26€5k€5k▼
Financial fixed assets28€751€751=
Current assets29/58€40k€38k▼
Stocks and contracts in progress3€12k€12k=
Stocks30/36€12k€12k=
Amounts receivable within one year40/41€28k€24k▼
Trade receivables40€16k€16k▲
Other amounts receivable41€12k€8k▼
Cash at bank and in hand54/58€35-
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€81k€71k▼
Equity10/15€-3k€-3k▼
Contributions10/11€13k€13k=
Profit (loss) carried forward14€-16k€-17k▼
Amounts payable17/49€84k€74k▼
Amounts payable after more than one year17€15k€13k▼
Financial debts170/4€15k€13k▼
Amounts payable within one year42/48€70k€61k▼
Current portion of amounts payable after more than one year42€5k€2k▼
Financial debts43€9k€858▼
Credit institutions430/8€9k€858▼
Trade debts44-€6k
Suppliers440/4-€6k
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€53k€52k▼
Accrued charges and deferred income492/3-€293
Income statement
Code20232024
Remuneration, social security and pensions62€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€808▼
Gross operating margin9900€-13k€12k▲
Operating profit (loss)9901€-29k€674▲
Financial income75/76B€66€5▼
Recurring financial income75€66€5▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-30k€-571▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-31k€-571▲
Profit (loss) for the period to be appropriated9905€-31k€-571▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-17k▼
Profit (loss) brought forward from the previous period14P€15k€-16k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 79 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 196 days late
2023
31-12
Financial
Weakest financial yearnet €-31k ▼642%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €10k ▲198%
Operating result €12k, net result €10k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 136 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
16-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 138 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Yvoir · 1 establishment unit since 2010
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.
Chemin de Niersant 275530 YvoirGround area
3.2 ha
Building footprint
218 m²
Volume, LiDAR
1,069 m³
2 parcels, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Artona
since 20102.188.589.917
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91382B0111/00B000 | Wallonia | 3.0 ha | - | - |
| 91382D0611/00L000 | Wallonia | 2,452 m² | 1 · 218 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ATANAS ELECTRO
BE 0845.408.448
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DAVE ADAMS
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SAVPRO
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,895 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2010
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
01430Raising of horses and other equines
43990Other specialised construction activities
43999Specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
74104Other professional, scientific and technical activities
74130Interior design
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:artona.sprl@mail.be
Phone:0474/311.277