ARTY-CARRO

Inactive

KBO/BCE: BE 0824.824.355

ARTY-CARRO was declared bankrupt on 08-11-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 25-04-2023, published in the Belgian State Gazette on 04-05-2023.

No longer registered with the KBO; last annual accounts for fiscal year 2019.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No filing for years

The last filed financial year closed on 30-09-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 9 filings

Position against the passed deadline

30-09-2020 close30-04-2021 deadline23-09-2026 today

Filed more than 90 days late

The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 15-12-2021, 594 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 9 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

594 d late

← before the deadline after the 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 2019, micro schema

Turnover

€20k▼ 78.4%

2018 · €94k

2018: €94k

2018 → 2019

EBIT margin

-13.4%▼ 15.6pp

2018 · 2.3%

2018: 2.3%

2018 → 2019

Net result

€-3k

2018 · €1k

2018: €1k

2018 → 2019

Working capital

€29k▼ 10.3%

2018 · €33k

2018: €33k

2018 → 2019

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019Trend

Turnover€94k-€20k▼ 78.4%

Equity€33k-€30k▼ 10.3%

Operating result€2k-€-3k

Net result€1k-€-3k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2019: a loss of €3k after €2k in 2018.

Balance-sheet composition

2019 in colour, 2018 as the grey bar beneath

Assets €32k

99.4%

Fixed assets €180=

Current assets €32k▼ 29.1%

Equity and liabilities €32k

91.0%

Equity €30k▼ 10.3%

Debt €3k▼ 77.2%

The debt ratio falls from 28.0% to 9.0%. Equity and debt are lower.

Key figures and ratios

2019 value · change against 2018

Solvency

91.0%▲

2018 · 72.0%

Current ratio

11.06▲

2018 · 3.55

Quick ratio

11.06▲

2018 · 3.55

ROE

-11.4%▼

2018 · 3.2%

ROA

-10.4%▼

2018 · 2.3%

Debt

€3k▼

2018 · €13k

Debt ≤ 1 year

€3k▼

2018 · €13k

Income taxes

€-5▼

2018 · €341

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

Filed annual accounts

As filed with the NBB · 2019 against 2018

Balance sheet Code20182019

Assets

Total assets20/58€46k€32k▼

Fixed assets21/28€180€180=

Tangible fixed assets22/27-€0

Financial fixed assets28€180€180=

Current assets29/58€46k€32k▼

Amounts receivable within one year40/41€39k€32k▼

Equity and liabilities

Total equity and liabilities10/49€46k€32k▼

Equity10/15€33k€30k▼

Contributions10/11€6k€6k=

Reserves13€2k€2k=

Profit (loss) carried forward14€25k€22k▼

Amounts payable17/49€13k€3k▼

Amounts payable within one year42/48€13k€3k▼

Trade debts44€9k€500▼

Income statement Code20182019

Turnover70€94k€20k▼

Gross operating margin9900€3k€-2k▼

Operating profit (loss)9901€2k€-3k▼

Recurring financial charges65€704€674▼

Profit (loss) for the period before taxes9903€1k€-3k▼

Income taxes67/77€341€-5▼

Profit (loss) for the period9904€1k€-3k▼

Profit (loss) for the period to be appropriated9905€1k€-3k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 13Signals 3Financial 1Filings 9

2023

04-05

Bankruptcy Bankruptcy closure (insufficient assets)

Ondernemingsrechtbank Brussel · ARTY-CARRO LOUIZALAAN 209 BUS 7 209/7, 1050 ELSENE · event 25-04-2023

2022

17-11

Bankruptcy Opening

Ondernemingsrechtbank Brussel · ARTY-CARRO LOUIZA- LAAN 209 BUS 7 209/7, 1050 ELSENE · event 08-11-2022

08-11

Bankruptcy Judicial dissolution

Tribunal de l’entreprise francophone de Bruxelles · ARTY-CARRO SPRL- AVENUE LOUISE 209/7, 1050 IXELLES

2021

15-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 594 days late

2019

30-09

Financial Liquidity triplescurrent ratio 11.06

Current ratio from 3.55 to 11.06; short-term debt falls from €13k to €3k.

25-04

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

30-04

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

14-03

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

06-04

NBB filing Annual accounts filed

fiscal year 2015 · full schema

2015

30-03

NBB filing Annual accounts filed

fiscal year 2014 · full schema

2014

18-04

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

27-03

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

30-04

NBB filing Annual accounts filed

fiscal year 2011 · full schema

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

Directors · office · real estate

Directors

8 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

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217, 1070 BRUSSEL 7 ↔ Also on 166 other cases	08-11-2022 → present