ArtTwo

Active

Private limited companyfounded 20215 yrs activeIlya Prigoginelaan 1, 1180 Ukkel, BelgiumKBO/BCE: BE 0764.907.950

Summary

ArtTwo has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €-788. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 83% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysis Watch Report Compare

ArtTwoActiveChecked score 71/100

Risk analysis Report Compare

Checked score

Score 2025

71 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability36▼-1

Solvency100▲+34

Growth78=

Track record94

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 4.23 against 1.7 in 2024; short-term debt: 23.7% and cash: 94.6% of total assets), and 23.7% 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

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

27 d early

2024

6 d early

2023

36 d early

2022

41 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

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, micro schema

Equity

€81k▼ 20.3%

2024 · €102k

2022: €43klowest in 4 years 2023: €152k▲ +255% vs 2022highest in 4 years 2024: €102k▼ -33.0% vs 2023 2025: €81k▼ -20.3% vs 2024

2022 → 2025

Total assets

€107k▼ 57.2%

2024 · €249k

2022: €2.18Mhighest in 4 years 2023: €902k▼ -58.6% vs 2022 2024: €249k▼ -72.4% vs 2023 2025: €107k▼ -57.2% vs 2024lowest in 4 years

2022 → 2025

Net result

€-788▼ 204%

2024 · €-259

2022: €-7klowest in 4 years 2023: €389k▲ +5635% vs 2022highest in 4 years 2024: €-259▼ -100% vs 2023 2025: €-788▼ -204% vs 2024

2022 → 2025

Working capital

€81k▼ 20.3%

2024 · €102k

2022: €43klowest in 4 years 2023: €153k▲ +255% vs 2022highest in 4 years 2024: €102k▼ -33.1% vs 2023 2025: €81k▼ -20.3% vs 2024

2022 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€43k-€152k▲ 255%€102k▼ 33.0%€81k▼ 20.3% 2022: €43klowest in 4 years 2023: €152k▲ +255% vs 2022highest in 4 years 2024: €102k▼ -33.0% vs 2023 2025: €81k▼ -20.3% vs 2024

Operating result€-6k-€529k€348▼ 99.9%€-518 2022: €-6klowest in 4 years 2023: €529k▲ +9311% vs 2022highest in 4 years 2024: €348▼ -99.9% vs 2023 2025: €-518▼ -249% vs 2024

Net result€-7k-€389k€-259€-788▼ 204% 2022: €-7klowest in 4 years 2023: €389k▲ +5635% vs 2022highest in 4 years 2024: €-259▼ -100% vs 2023 2025: €-788▼ -204% 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 turns negative in 2025: a loss of €518 after €348 in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €107k

76.3%

23.7%

Equity €81k ▼ 20.3%

Debt €25k ▼ 82.8%

Debt's share of the balance-sheet total falls from 59.0% to 23.7%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

Current ratio

4.23▲

2024 · 1.70

Debt to equity

0.31▼

2024 · 1.44

ROE

-1.0%▼

2024 · -0.3%

ROA

-0.7%▼

2024 · -0.1%

Debt ≤ 1 year

€25k▼

2024 · €147k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines

Balance sheet Code20242025

Assets

Total assets20/58€249k€107k▼

Current assets29/58€249k€107k▼

Amounts receivable within one year40/41€5k€6k▲

Trade receivables40-€36

Other amounts receivable41€5k€6k▲

Cash at bank and in hand54/58€244k€101k▼

Equity and liabilities

Total equity and liabilities10/49€249k€107k▼

Equity10/15€102k€81k▼

Contributions10/11€50k€50k=

Profit (loss) carried forward14€52k€31k▼

Amounts payable17/49€147k€25k▼

Amounts payable within one year42/48€147k€25k▼

Trade debts44€74k€5k▼

Suppliers440/4€74k€5k▼

Taxes, remuneration and social security45€22k€0▼

Taxes450/3€22k€0▼

Other amounts payable47/48€50k€20k▼

Accrued charges and deferred income492/3€0-

Income statement Code20242025

Other operating charges640/8€1k€998▼

Gross operating margin9900€2k€481▼

Operating profit (loss)9901€348€-518▼

Financial charges65/66B€608€270▼

Recurring financial charges65€608€270▼

Profit (loss) for the period before taxes9903€-259€-788▼

Income taxes67/77€0-

Profit (loss) for the period9904€-259€-788▼

Profit (loss) for the period to be appropriated9905€-259€-788▼

Appropriation of the result

Profit (loss) to be appropriated9906€102k€51k▼

Profit (loss) brought forward from the previous period14P€102k€52k▼

Profit to be distributed694/7€50k€20k▼

Return on contributions (dividend)694€50k€20k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2022	2023	2024	2025	Change
Other operating charges640/8	€745	€384	€1k	€998	▼ 28.3%
Gross operating margin9900	€-5k	€530k	€2k	€481	▼ 72.4%
Operating profit (loss)9901	€-6k	€529k	€348	€-518	▼ 249%
Financial charges65/66B	€1k	€12k	€608	€270	▼ 55.6%
Recurring financial charges65	€1k	€12k	€608	€270	▼ 55.6%
Profit (loss) for the period before taxes9903	€-7k	€517k	€-259	€-788	▼ 204%
Income taxes67/77	-	€127k	€0	-	-
Profit (loss) for the period9904	€-7k	€389k	€-259	€-788	▼ 204%
Profit (loss) for the period to be appropriated9905	€-7k	€389k	€-259	€-788	▼ 204%

Line	2022	2023	2024	2025	Change
Assets
Total assets20/58	€2.18M	€902k	€249k	€107k	▼ 57.2%
Current assets29/58	€2.18M	€902k	€249k	€107k	▼ 57.2%
Stocks and contracts in progress3	€943k	€0	-	-	-
Stocks30/36	€943k	€0	-	-	-
Amounts receivable within one year40/41	€335	€0	€5k	€6k	▲ 19.9%
Trade receivables40	€335	€0	-	€36	-
Other amounts receivable41	-	-	€5k	€6k	▲ 19.2%
Cash at bank and in hand54/58	€1.18M	€902k	€244k	€101k	▼ 58.7%
Deferred charges and accrued income490/1	€53k	€0	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€2.18M	€902k	€249k	€107k	▼ 57.2%
Equity10/15	€43k	€152k	€102k	€81k	▼ 20.3%
Contributions10/11	€50k	€50k	€50k	€50k	=
Profit (loss) carried forward14	€-7k	€102k	€52k	€31k	▼ 39.8%
Amounts payable17/49	€2.14M	€750k	€147k	€25k	▼ 82.8%
Amounts payable within one year42/48	€2.14M	€750k	€147k	€25k	▼ 82.8%
Trade debts44	€7k	€292k	€74k	€5k	▼ 93.0%
Suppliers440/4	€7k	€292k	€74k	€5k	▼ 93.0%
Advances received on contracts in progress46	€1.99M	€0	-	-	-
Taxes, remuneration and social security45	€66k	€99k	€22k	€0	▼ 100%
Taxes450/3	€66k	€99k	€22k	€0	▼ 100%
Other amounts payable47/48	€77k	€358k	€50k	€20k	▼ 60.0%
Accrued charges and deferred income492/3	-	€198	€0	-	-

Line	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€-7k	€389k	€-259	€-788	▼ 204%
Operating cash flow (approximation)	€-7k	€389k	€-259	€-788	▼ 204%
Change in cash	-	€-282k	€-658k	€-143k	▲ 78.2%

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

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

04-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Liquidity doublescurrent ratio 4.23

Current ratio from 1.70 to 4.23; short-term debt falls from €147k to €25k.

25-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

25-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €389k

Net result €389k after one loss-making year.

31-12

Financial Equity above €150kEq €152k ▲255%

Equity rises from €43k to €152k.

20-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has 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

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, Ukkel · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

1,103 m²

Parcel 21616G0176/00X003, Brussels. Linked by address, not a title deed.

34 companies at this address See who is registered here

1 establishment unit

ArtTwo SRL

Ilya Prigoginelaan 1, 1180 UkkelReal estate development

since 20212.314.494.234

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21616G0176/00X003	Brussels	1,103 m²	-	-

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

Montis Development

BE 0698.837.983

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PALLEN CONSTRUCT

BE 0794.172.751

Knokke-Heist · Eq €81,481

Zaventem · Eq €81,510

FNE INVEST

BE 0668.959.114

Maldegem · Eq €81,565

Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,251 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

Founded11-03-2021

Fiscal year end31-12

Activities, NACEBEL 2025

68121Development of residential building projects

68122Development of non-residential building projects

68110Buying and selling of own real estate

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