Financials
- Financial year
- 2025
- Total assets
- €16.2m
- Loss
- -€1.5m
- Solvency
- -3.5%
Total assets▲ 8.4%
Net result
20232025
ARTS 21
ActiveSummary
ARTS 21 has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€559,766) and a net result of -€1.5m. Equity is shrinking by about 80% per year across the filed financial years. Its solvency ranks better than 14% of 11,189 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Development of non-residential building projects
NACE 68122
1 site
Size
€16.2mtotal assets 2025
- Equity
- -€559,766
- Loss
- -€1.5m
Net result -4,374%: other schema
Structure
2025 accounts 43 days early1 deed in the Belgian Official Gazette
Why 52raises riskCapped at 59: negative equityNegative equity -€559,766Loss of €1.5m, the second in a row (financial year 2025)lowers riskSize: total assets €16.2mSector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 68, medium-sized)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
22-10
equity -3.5% of total assets
Liquidity
6-7
short-term debt 90.3% · cash 4.9%
Profitability
7-25
return on assets -9.5%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.1%▼ -0.1 percentage points vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.06, compared with 0.04 in 2024, below 1; short-term debt: 90.3% and cash: 4.9% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized): better than 9% on solvency, 7% on liquidity, 3% on profitability and 4% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€559,766
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
43 days early
2024
42 days early
2023
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 40 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€1.5m
- Annual accounts filedfinancial year 2024 · full…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€559,766 View
- Risk: 3 loss-making years in a rowloss financial year 2025 -€1.5m View
- Caution: Result fell in 2025different schema filed ▼ 4,374% View
- Caution: Among the weakest 5% on net resultsector median €10,062 · 11,181 companies -€1.5m View
By topic
Timeline
- Events
- 4
- Since
- 2024
- Next accounts
- by 31-07-2027
- 27-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of non-residential building projectsNACE 68122
- Founded
- 11-07-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about ARTS 21
- What is the company number of ARTS 21?
- 0788.455.491. In Belgium the VAT number is the company number with BE in front: BE 0788.455.491.
- Where is ARTS 21 based?
- The registered office is at Joseph Bensstraat 76, 1180 Ukkel.Company details
- What does ARTS 21 do?
- According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
- What is the legal form of ARTS 21?
- Private limited company (BV).
- When was ARTS 21 founded?
- On 11-07-2022.
- Is ARTS 21 still active?
- Yes, ARTS 21 is an active enterprise in the KBO register.
- What is the turnover of ARTS 21?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is ARTS 21 profitable?
- In financial year 2025, ARTS 21 made a loss of €1.5m.
- Where can I find the annual accounts of ARTS 21?
- ARTS 21 filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARTS 21 due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to ARTS 21
Comparable companies
- B.U.D.S.Ukkel
- BELGIUM BUILDINGS CONCEPTUkkel
- BVL ESTATEUkkel
- CODIC BELGIQUE - CODIC BELGIEUkkel
- COMPAGNIE DE PROMOTIONUkkel
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.