ARTSTAR
Bankruptcy closedInactive since 13-05-2026; last annual accounts for fiscal year 2013.
Summary
ARTSTAR was declared bankrupt on 14-09-2017 (Rechtbank van koophandel Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 05-05-2026, published in the Belgian State Gazette on 13-05-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2013 was due by 31-01-2014 and was filed on 27-02-2014, 27 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
2016
not filed
2015
not filed
2014
not filed
2013
27 d late
2012
12 d late
2011
378 d late
2010
10 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2013, abbreviated schema
Equity
€72,955▼ 10.8%
2012 · €81,782
Total assets
€429,587▲ 238%
2012 · €127,166
Net result
-€8,828▼ 238%
2012 · -€2,613
Working capital
-€301,332
2012 · €124,270
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20092010201120122013
Operating result-€8,222--€225▲ 97.3%-€575▼ 155%-€2,811▼ 389%-€9,722▼ 246%
Net result€71,075-€1,367▼ 98.1%€515▼ 62.3%-€2,613-€8,828▼ 238%
Equity€82,513-€83,880▲ 1.7%€84,395▲ 0.6%€81,782▼ 3.1%€72,955▼ 10.8%
Total assets€125,820-€127,188▲ 1.1%€126,883▼ 0.2%€127,166▲ 0.2%€429,587▲ 238%
Debt€820-€821▲ 0.1%€2,896€315,419▲ 10,792%
Working capital€125,000-€126,367▲ 1.1%€124,270-€301,332
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,722 in 2013 against €2,811 in 2012; the loss grows and 2013 has the lowest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €429,587
Fixed assets
€415,500
Current assets
€14,087
Equity and liabilities €429,587
Equity
€72,955 ▼ 10.8%
Provisions
€41,213 ▼ 3.0%
Debt
€315,419 ▲ 10,792%
Debt's share of the balance-sheet total rises from 2.3% to 73.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5,327
Cash flow
€6,222
Current ratio
0.04▼
2012 · 43.91
ROE
-12.1%▼
2012 · -3.2%
ROA
-2.1%=
2012 · -2.1%
Debt ≤ 1 year
€315,419▲
2012 · €2,896
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €15,050 | - |
| Gross operating margin9900 | -€7,204 | - | - | -€2,695 | €5,905 | ▲ 319% |
| Operating profit (loss)9901 | -€8,222 | -€225 | -€575 | -€2,811 | -€9,722 | ▼ 246% |
| Recurring financial income75 | €141 | €1,906 | €1,103 | €7 | €162 | ▲ 2,266% |
| Recurring financial charges65 | €657 | €28 | €32 | €94 | €542 | ▲ 475% |
| Profit (loss) for the period before taxes9903 | €113,582 | €1,653 | €495 | -€2,899 | -€10,102 | ▼ 249% |
| Income taxes67/77 | €20 | €286 | -€20 | -€286 | - | - |
| Profit (loss) for the period9904 | €71,075 | €1,367 | €515 | -€2,613 | -€8,828 | ▼ 238% |
| Profit (loss) for the period to be appropriated9905 | -€6,238 | €1,367 | €515 | -€2,613 | -€6,352 | ▼ 143% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,820 | €127,188 | €126,883 | €127,166 | €429,587 | ▲ 238% |
| Fixed assets21/28 | - | - | - | - | €415,500 | - |
| Tangible fixed assets22/27 | - | - | - | - | €415,500 | - |
| Current assets29/58 | €125,820 | €127,188 | €126,883 | €127,166 | €14,087 | ▼ 88.9% |
| Amounts receivable within one year40/41 | €33,984 | €34,735 | €106,261 | €127,166 | €14,087 | ▼ 88.9% |
| Cash at bank and in hand54/58 | €91,836 | €92,453 | €20,622 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,820 | €127,188 | €126,883 | €127,166 | €429,587 | ▲ 238% |
| Equity10/15 | €82,513 | €83,880 | €84,395 | €81,782 | €72,955 | ▼ 10.8% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €84,513 | €84,513 | €84,513 | €84,513 | €82,037 | ▼ 2.9% |
| Profit (loss) carried forward14 | -€9,000 | -€7,633 | -€7,117 | -€9,730 | -€16,082 | ▼ 65.3% |
| Provisions and deferred taxes16 | €42,488 | €42,488 | €42,488 | €42,488 | €41,213 | ▼ 3.0% |
| Amounts payable17/49 | €820 | €821 | - | €2,896 | €315,419 | ▲ 10,792% |
| Amounts payable within one year42/48 | €820 | €821 | - | €2,896 | €315,419 | ▲ 10,792% |
| Trade debts44 | €460 | €461 | - | - | €26,428 | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,075 | €1,367 | €515 | -€2,613 | -€8,828 | ▼ 238% |
| + Depreciation and write-downs630 | - | - | - | - | €15,050 | - |
| Operating cash flow (approximation) | €71,075 | €1,367 | €515 | -€2,613 | €6,222 | ▲ 338% |
| Change in cash | - | €617 | -€71,831 | - | - | - |
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
2026
13-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 05-05-2026
2017
20-09
Bankruptcy
Opening
Rechtbank van koophandel Antwerpen, afdeling Antwerpen · event 14-09-2017
2014
27-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
30-06
Financial
Weakest financial yearnet -€8,828
Net result drops to -€8,828, the lowest in the series.
12-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 12 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 378 days late
2011
10-02
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 10 days late
2010
12-02
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 12 days late
2008
22-12
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
08-01
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
15-01
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
31-01
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2004
23-03
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen
Ground area
63 m²
Building footprint
63 m²
Volume, LiDAR
726 m³
Parcel 11810K2759/00K005, Flanders · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K2759/00K005 | Flanders | 63 m² | 1 · 63 m² | 15.3 m · 5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr VEREECKE VALERE Kielsevest 2-4, 2018 Antwerpen 1 |
14-09-2017 → 05-05-2026 |
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded18-02-2000
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.