ARTSROUCHE
ActiveSummary
The computed 12-month bankruptcy probability of ARTSROUCHE is 2.5% (moderate). The 2025 annual accounts show equity of €51k and a net result of €10k. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-8
Solvency100=
Growth52
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 21.2 against 8.02 in 2024; short-term debt: 4.4% and cash: 77.6% of total assets), and 4.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.6%
Return on assets
18.5%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
22 d early
2024
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 24.0%
2024 · €41k
2024: €41k
2025: €51k▲ +24.0% vs 2024
2024 → 2025
Total assets
€53k▲ 15.4%
2024 · €46k
2024: €46k
2025: €53k▲ +15.4% vs 2024
2024 → 2025
Net result
€10k▼ 74.5%
2024 · €38k
2024: €38k
2025: €10k▼ -74.5% vs 2024
2024 → 2025
Working capital
€47k▲ 32.5%
2024 · €35k
2024: €35k
2025: €47k▲ +32.5% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€41k-€51k▲ 24.0%
2024: €41k
2025: €51k▲ +24.0% vs 2024
Operating result€48k-€17k▼ 65.7%
2024: €48k
2025: €17k▼ -65.7% vs 2024
Net result€38k-€10k▼ 74.5%
2024: €38k
2025: €10k▼ -74.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€4k ▼ 30.5%
Current assets
€49k ▲ 21.7%
Equity and liabilities €53k
Equity
€51k ▲ 24.0%
Debt
€2k ▼ 53.9%
Debt's share of the balance-sheet total falls from 11.0% to 4.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €52k
Cash flow
€13k▼
2024 · €42k
Current ratio
21.20▲
2024 · 8.02
Debt to equity
0.05▼
2024 · 0.12
ROE
19.3%▼
2024 · 93.9%
ROA
18.5%▼
2024 · 83.6%
Interest coverage
214.31▼
2024 · 304.78
Debt ≤ 1 year
€2k▼
2024 · €5k
Income taxes
€7k▼
2024 · €10k
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 · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€46k€53k▲
Formation expenses20€0€0=
Fixed assets21/28€6k€4k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Assets under construction and advance payments27€0€0=
Current assets29/58€40k€49k▲
Amounts receivable within one year40/41€9k€8k▼
Trade receivables40€1k€3k▲
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€32k€41k▲
Equity and liabilities
Total equity and liabilities10/49€46k€53k▲
Equity10/15€41k€51k▲
Contributions10/11€3k€3k=
Reserves13€38k€48k▲
Distributable reserves133€38k€48k▲
Amounts payable17/49€5k€2k▼
Amounts payable within one year42/48€5k€2k▼
Trade debts44€0€195▲
Suppliers440/4€0€195▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€0€0=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€13-
Gross operating margin9900€52k€19k▼
Operating profit (loss)9901€48k€17k▼
Financial income75/76B€357-
Recurring financial income75€357-
Financial charges65/66B€171€90▼
Recurring financial charges65€171€90▼
Profit (loss) for the period before taxes9903€48k€16k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€38k€10k▼
Profit (loss) for the period to be appropriated9905€38k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€10k▼
Transfer to equity691/2€38k€10k▼
To other reserves6921€38k€10k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | ▼ 31.7% |
| Other operating charges640/8 | €13 | - | - |
| Gross operating margin9900 | €52k | €19k | ▼ 63.1% |
| Operating profit (loss)9901 | €48k | €17k | ▼ 65.7% |
| Financial income75/76B | €357 | - | - |
| Recurring financial income75 | €357 | - | - |
| Financial charges65/66B | €171 | €90 | ▼ 47.5% |
| Recurring financial charges65 | €171 | €90 | ▼ 47.5% |
| Profit (loss) for the period before taxes9903 | €48k | €16k | ▼ 66.1% |
| Income taxes67/77 | €10k | €7k | ▼ 33.9% |
| Profit (loss) for the period9904 | €38k | €10k | ▼ 74.5% |
| Profit (loss) for the period to be appropriated9905 | €38k | €10k | ▼ 74.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €46k | €53k | ▲ 15.4% |
| Formation expenses20 | €0 | €0 | - |
| Fixed assets21/28 | €6k | €4k | ▼ 30.5% |
| Intangible fixed assets21 | €0 | €0 | - |
| Tangible fixed assets22/27 | €6k | €4k | ▼ 30.5% |
| Furniture and vehicles24 | €6k | €4k | ▼ 30.5% |
| Assets under construction and advance payments27 | €0 | €0 | - |
| Current assets29/58 | €40k | €49k | ▲ 21.7% |
| Amounts receivable within one year40/41 | €9k | €8k | ▼ 8.0% |
| Trade receivables40 | €1k | €3k | ▲ 124% |
| Other amounts receivable41 | €7k | €5k | ▼ 34.3% |
| Cash at bank and in hand54/58 | €32k | €41k | ▲ 29.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €46k | €53k | ▲ 15.4% |
| Equity10/15 | €41k | €51k | ▲ 24.0% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | €38k | €48k | ▲ 25.5% |
| Distributable reserves133 | €38k | €48k | ▲ 25.5% |
| Amounts payable17/49 | €5k | €2k | ▼ 53.9% |
| Amounts payable within one year42/48 | €5k | €2k | ▼ 53.9% |
| Trade debts44 | €0 | €195 | - |
| Suppliers440/4 | €0 | €195 | - |
| Taxes, remuneration and social security45 | €5k | €2k | ▼ 57.8% |
| Taxes450/3 | €5k | €2k | ▼ 57.8% |
| Other amounts payable47/48 | €0 | €0 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €10k | ▼ 74.5% |
| + Depreciation and write-downs630 | €4k | €3k | ▼ 31.7% |
| Operating cash flow (approximation) | €42k | €13k | ▼ 70.4% |
| Investment in fixed assets (approximation) | - | €-1k | - |
| Change in cash | - | €9k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 21.20
Current ratio from 8.02 to 21.20; short-term debt falls from €5k to €2k.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Pepinster · 1 establishment unit since 2023
Ground area
1,774 m²
Building footprint
235 m²
Volume, LiDAR
1,290 m³
2 parcels, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Artsrouche
since 20232.343.645.704
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63452B0074/00D000 | Wallonia | 1,017 m² | 1 · 127 m² | 9.0 m · 2 fl. |
| 63452B0072/00S000 | Wallonia | 757 m² | 1 · 108 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,398 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
Founded23-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43120Site preparation
43310Plastering work
71113Urban planning and landscape architecture
Scores and ratios are computed by Checked and are not a credit decision.