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ARTWHERE

Active Public limited companyfounded 2002active for 24 yearsRue de l'Eglise 23, 1450 ChastreKBO/BCE: BE 0477.937.410 #5 oldest company in Chastre, Telecoms and IT sector

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 2003
peak €447,007 (2012)
€187,341▲ 3.3%
lowest -€217,272 (2016)
€11,110▲ €54,979
peak €45,661 (2009)
-€263,036▲ €11,110
€329,991▼ 0.5%
peak 8 FTE (2011)
-not published
Board7 names since 2017
5 directors and 4 others
Documentsfilings and deeds
12-08-202612 days late
2025abbreviated format
Back to profit: €11,110Resignation: (director) 26-05Cash from €14 to €44

Key points

from the 2025 annual accounts

Equity

-€263,036
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

€11,110 €11,110
-€43,9002024€11,1002025

Back in profit in 2025, after a loss of €43,869 in 2024.

Debts

€329,991 493% of the balance sheet
Financial debts 40%Suppliers 15%Taxes and wages 27%Other 19%

Staff

2 FTE from 8 in 2011

Between 2011 and 2025, 75% of the full-time equivalents disappeared.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Seven of the last ten came late. The 2016 accounts came latest: 92 days after the end of the period.

Position in the sector

-392.9%

Lower solvency than 95% of companies in computer programming and consultancy. Sector median 46.4% · 3,407 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,794 companies had the same profile as ARTWHERE has now. Each dot stands for 10 companies, two years later.

91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,794 companies, not a prediction for ARTWHERE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director,
Director
Director
Board & ownership

Recent changes

Resignation: (director) Permanent representative: · General meeting of 31-03-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0477937410
3 directors reappointed , and · General meeting of 21-05-2024 · Gazette deed
3 directors reappointed , and · General meeting of 06-06-2017 · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
ARTWHERE Chastre €66,955 €187,341 -392.9% -
ZOZ Sint-Truiden €61,667 €146,909 -38.5% -
TAOS Kontich €71,394 €168,965 -12.7% 1
OUTWARES Wavre €112,327 €178,160 -73.0% -
CODETTE Diest €62,135 €141,063 -191.7% 2
SKIPPER Hoeilaart €101,182 €176,301 25.3% -
SMART BUSINESS PARTNER Anderlecht €64,823 €142,079 -47.7% -

These companies have the same main activity as ARTWHERE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €61,700 and €112,000, founded between 1998 and 2009.

Official details

Source: KBO
Status
Active since 05-07-2002Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Joint committees
200Auxiliary committee for white-collar workers
100Auxiliary committee for blue-collar workers · annual accounts 2025
Establishment unit
2.114.101.6371450 Chastre, since 17-09-2002
Financial year end
31 December
Peppol
Reachable since 02-03-2025
Company details

Annual accounts 2025

≈ €420,000estimated
€66,955▲ 16.5%
Employeeson 31-12-2025
2=
Filing
Filed on 12-08-2026
Financials

Insights on ARTWHERE

ARTWHERE files the abbreviated format. That format states no turnover. The gross margin fell from €225,389 in 2007 to €187,341 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ARTWHERE

What is the company number of ARTWHERE?
The company number of ARTWHERE is 0477.937.410. The VAT number is the same number with BE in front: BE 0477.937.410.
Where is ARTWHERE based?
The registered office is at Rue de l'Eglise 23, 1450 Chastre.Company details
What does ARTWHERE do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of ARTWHERE?
ARTWHERE is a public limited company (NV).
When was ARTWHERE founded?
ARTWHERE was founded on 05-07-2002.
Is ARTWHERE still active?
Yes, ARTWHERE is an active enterprise in the KBO register.
How many employees does ARTWHERE have?
ARTWHERE had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ARTWHERE fall under?
In its 2025 annual accounts, ARTWHERE states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of ARTWHERE?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €187,341 and 74 comparable companies (NACE 62200). It probably lies between €280,000 and €910,000.
Is ARTWHERE profitable?
In financial year 2025, ARTWHERE made a profit of €11,110.
Where can I find the annual accounts of ARTWHERE?
ARTWHERE filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ARTWHERE due?
ARTWHERE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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