Skip to content

ARTX LIGHT

Open bankruptcy
Private limited company (pre-2019)founded 2006KBO/BCE: BE 0880.763.760

A bankruptcy procedure is open for ARTX LIGHT according to publications in the Belgian State Gazette; curator: EYAL STERN.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €29,091 and a net result of -€8,683.

ARTX LIGHTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
18 April 2025
Supervising judge
Albert Bechet
Official Gazette
28-04-2025 (pdf) ↗search the document for 2025/117899

Deadlines

Appeal or third-party opposition until
passed on 13 May 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 18 May 2025art. XX.104 and XX.155 CEL
First verification report
passed on 28 May 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 18 April 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Eyal SternAvenue Louise 54, 1050 Ixellesstern@victor.law

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this bankruptcy? Put the card of ARTX LIGHT in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Overview

What they do
Agents in the wholesale of furniture, household goods and hardware
NACE 46150
1 site
How big
€58,785turnover 2023
Equity
€29,091
Loss
-€8,683
Financially healthy?
Open bankruptcy: no score
Who decides
Accounts 427 d overdue0 of 4 deeds read
Signals- Open bankruptcy- Administrative warnings in the KBO publicationsShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckStrikeout withdrawn
  1. Address struckKBO administration
  2. Annual accounts filedfiscal year 2023 · micro…
  3. OpeningTribunal de l’entreprise francophone de…

Financials

Fiscal year 2023Turnover €58,785Loss -€8,683Solvency 34.1%Liquidity 1.52
Turnover
€58,785▼ 14.3%
2019 - 2023
Net result
-€8,683
2019 - 2023
Equity
€29,091▼ 23.0%
2019 - 2023
Solvency
34.1%▼ 17.6pp
2019 - 2023

Financials · fiscal year 2023, micro schema

Trend over the years5 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€50,098-€29,039▼ 42.0%€51,771▲ 78.3%€68,595▲ 32.5%€58,785▼ 14.3%
Operating result-€1,798-€1,754€8,932▲ 409%€12,650▲ 41.6%-€8,670
Net result-€1,566-€1,706within the sector's middle half€8,884within the sector's middle half▲ 421%€10,150within the sector's middle half▲ 14.2%-€8,683below the sector's middle half
EBIT margin-3.6%-6.0%▲ 9.6pp17.3%▲ 11.2pp18.4%▲ 1.2pp-14.7%▼ 33.2pp
Equity€4,634-€6,341below the sector's middle half▲ 36.8%€15,225within the sector's middle half▲ 140%€37,775within the sector's middle half▲ 148%€29,091within the sector's middle half▼ 23.0%
Total assets€28,928-€48,459below the sector's middle half▲ 67.5%€48,892below the sector's middle half▲ 0.9%€73,122within the sector's middle half▲ 49.6%€85,346within the sector's middle half▲ 16.7%
Debt€24,294-€42,118▲ 73.4%€33,667▼ 20.1%€35,347▲ 5.0%€56,255▲ 59.1%
Working capital€4,634-€2,087within the sector's middle half▼ 55.0%€12,389within the sector's middle half▲ 494%€36,357within the sector's middle half▲ 193%€29,091within the sector's middle half▼ 20.0%
Solvency16.0%-13.1%within the sector's middle half▼ 2.9pp31.1%within the sector's middle half▲ 18.1pp51.7%within the sector's middle half▲ 20.5pp34.1%within the sector's middle half▼ 17.6pp
Current ratio1.19-1.05within the sector's middle half▼ 0.141.37within the sector's middle half▲ 0.322.03within the sector's middle half▲ 0.661.52within the sector's middle half▼ 0.51
Return on assets (ROA)-5.4%-3.5%within the sector's middle half▲ 8.9pp18.2%above the sector's middle half▲ 14.7pp13.9%above the sector's middle half▼ 4.3pp-10.2%below the sector's middle half▼ 24.1pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2023
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2019: -€1,798-€1,798Net result 2019: -€1,566-€1,566Operating result 2020: €1,754€1,754Net result 2020: €1,706€1,706Operating result 2021: €8,932€8,932Net result 2021: €8,884€8,884Operating result 2022: €12,650€12,650Net result 2022: €10,150€10,150Operating result 2023: -€8,670-€8,670Net result 2023: -€8,683-€8,68320192020202120222023-€10,000€0€10,000Operating result 2021: €8,932€8,930Net result 2021: €8,884€8,880Operating result 2022: €12,650€12,600Net result 2022: €10,150€10,100Operating result 2023: -€8,670-€8,670Net result 2023: -€8,683-€8,680202120222023
The operating result turns negative in 2023: a loss of €8,670 after €12,650 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €85,346
Equity €29,091 ▼ 23.0%
Debt €56,255 ▲ 59.1%
Debt's share of the balance-sheet total rises from 48.3% to 65.9%. Equity is lower and debt is higher.
Key figures and ratios2023
Key figures and ratios
2023 value · change against 2022
EBITDA
-€7,252▼
2022 · €14,068
Cash flow
-€7,265▼
2022 · €11,568
Quick ratio
0.94▼
2022 · 1.12
Debt to equity
1.93▲
2022 · 0.94
ROE
-29.8%▼
2022 · 26.9%
Interest coverage
-517.99▼
2022 · 140678.10
Debt ≤ 1 year
€56,255▲
2022 · €35,347
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2023
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€73,122€85,346▲
Fixed assets21/28€1,418-
Tangible fixed assets22/27€1,418-
Plant, machinery and equipment23€1,418-
Current assets29/58€71,704€85,346▲
Stocks and contracts in progress3€32,190€32,190=
Stocks30/36€32,190€32,190=
Amounts receivable within one year40/41€10,443€24,244▲
Trade receivables40€4,422€11,603▲
Other amounts receivable41€6,021€12,641▲
Cash at bank and in hand54/58€29,071€28,912▼
Equity and liabilities
Total equity and liabilities10/49€73,122€85,346▲
Equity10/15€37,775€29,091▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€19,175€10,491▼
Amounts payable17/49€35,347€56,255▲
Amounts payable within one year42/48€35,347€56,255▲
Financial debts43-€22,317
Credit institutions430/8-€22,317
Trade debts44€6,899€3,528▼
Suppliers440/4€6,899€3,528▼
Taxes, remuneration and social security45€2,500€2,500=
Taxes450/3€2,500€2,500=
Other amounts payable47/48€25,949€27,910▲
Income statement Code20222023
Turnover70€68,595€58,785▼
Goods, raw materials, services and sundry goods60/61€52,044€64,596▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,418€1,418=
Other operating charges640/8€2,483€1,440▼
Gross operating margin9900€16,550-€5,812▼
Operating profit (loss)9901€12,650-€8,670▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€0€14▲
Recurring financial charges65€0€14▲
Profit (loss) for the period before taxes9903€12,650-€8,683▼
Income taxes67/77€2,500-
Profit (loss) for the period9904€10,150-€8,683▼
Profit (loss) for the period to be appropriated9905€10,150-€8,683▼
Appropriation of the result
Profit (loss) to be appropriated9906€19,175€10,491▼
Profit (loss) brought forward from the previous period14P€9,025€19,175▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70€50,098€29,039€51,771€68,595€58,785▼ 14.3%
Goods, raw materials, services and sundry goods60/61€51,656€24,892€39,981€52,044€64,596▲ 24.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,418€1,418€1,418€1,418=
Other operating charges640/8€240€975€1,440€2,483€1,440▼ 42.0%
Gross operating margin9900-€1,558€4,147€11,790€16,550-€5,812▼ 135%
Operating profit (loss)9901-€1,798€1,754€8,932€12,650-€8,670▼ 169%
Financial income75/76B€282---€0-
Recurring financial income75€282---€0-
Financial charges65/66B€50€48€48€0€14▲ 13,900%
Recurring financial charges65€50€48€48€0€14▲ 13,900%
Profit (loss) for the period before taxes9903-€1,566€1,706€8,884€12,650-€8,683▼ 169%
Income taxes67/77---€2,500--
Profit (loss) for the period9904-€1,566€1,706€8,884€10,150-€8,683▼ 186%
Profit (loss) for the period to be appropriated9905-€1,566€1,706€8,884€10,150-€8,683▼ 186%
Line20192020202120222023Change
Assets
Total assets20/58€28,928€48,459€48,892€73,122€85,346▲ 16.7%
Fixed assets21/28-€4,254€2,836€1,418--
Tangible fixed assets22/27-€4,254€2,836€1,418--
Plant, machinery and equipment23-€4,254€2,836€1,418--
Current assets29/58€28,928€44,204€46,056€71,704€85,346▲ 19.0%
Stocks and contracts in progress3€23,980€32,190€32,190€32,190€32,190=
Stocks30/36€23,980€32,190€32,190€32,190€32,190=
Amounts receivable within one year40/41€1,318€9,779€11,929€10,443€24,244▲ 132%
Trade receivables40€96€2,020€2,255€4,422€11,603▲ 162%
Other amounts receivable41€1,222€7,759€9,674€6,021€12,641▲ 110%
Cash at bank and in hand54/58€3,630€2,235€1,936€29,071€28,912▼ 0.5%
Equity and liabilities
Total equity and liabilities10/49€28,928€48,459€48,892€73,122€85,346▲ 16.7%
Equity10/15€4,634€6,341€15,225€37,775€29,091▼ 23.0%
Contributions10/11€6,200€6,200€6,200€18,600€18,600=
Capital10€6,200€6,200€6,200---
Issued capital100€18,600€18,600€18,600---
Uncalled capital101€12,400€12,400€12,400---
Profit (loss) carried forward14-€1,566€141€9,025€19,175€10,491▼ 45.3%
Amounts payable17/49€24,294€42,118€33,667€35,347€56,255▲ 59.1%
Amounts payable within one year42/48€24,294€42,118€33,667€35,347€56,255▲ 59.1%
Financial debts43--€2,028-€22,317-
Credit institutions430/8--€2,028-€22,317-
Trade debts44€10,420€3,582€4,190€6,899€3,528▼ 48.9%
Suppliers440/4€10,420€3,582€4,190€6,899€3,528▼ 48.9%
Taxes, remuneration and social security45---€2,500€2,500=
Taxes450/3---€2,500€2,500=
Other amounts payable47/48€13,874€38,536€27,449€25,949€27,910▲ 7.6%
Line20192020202120222023Change
Profit (loss) for the period9904-€1,566€1,706€8,884€10,150-€8,683▼ 186%
+ Depreciation and write-downs630-€1,418€1,418€1,418€1,418=
Operating cash flow (approximation)-€1,566€3,124€10,302€11,568-€7,265▼ 163%
Investment in fixed assets (approximation)--€0€0--
Change in cash--€1,395-€299€27,135-€159▼ 101%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Comparable companies5

Board & ownership

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →

Insolvency mandates

1 mandate
Role Name Tenure
Curator EYAL STERN
Avenue Louise 54, 1050 Ixelles
18-04-2025 → present

Timeline

17 eventsLatest 08-08-2025

History

ARTX LIGHT was incorporated on 18 April 2006.1 Revenue grew from €50,098 in 2019 to €58,785 in 2023.2 On 18 April 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 28-04-2025

Acts, filings and financial milestones

2025
08-08
KBO administration Address struck
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 310 days late
28-04
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 18-04-2025
2024
04-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 462 days late
2023
31-12
Financial Weakest financial yearnet -€8,683
Net result drops to -€8,683, the lowest in the series.
2022
31-12
Financial Highest result since 2019net €10,150 ▲14.2%
Operating result €12,650, net result €10,150, both a record.
15-07
Bankruptcy Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · liquidator: V. Salteur · event 30-06-2022
08-07
KBO administration Strikeout withdrawn
event 21-06-2022
21-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 690 days late
27-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
24-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 297 days late
2020
31-12
Financial Back to profitnet €1,706
Net result €1,706 after one loss-making year.
Show earlier events
2017
25-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
09-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
08-01
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
16-01
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
14-02
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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.

Company details

Private limited company (pre-2019) · founded 18-04-2006Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded18-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
Contact
Phone 02/5033241
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 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
652 m²
Building footprint
231 m²
Volume, LiDAR
2,438 m³
2 parcels, Brussels, Wallonia · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
-
NACE 9211301
since 2006unit no. 2.153.627.553
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
91012D0521/00F000 Wallonia 499 m² 1 · 78 m² -
21809K0511/00B006 Brussels 153 m² 1 · 153 m² 20.1 m · 6 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.

Go further with this company

Investigating this company? Keep it with today's facts in a case file.