ARTYM
ActiveSummary
ARTYM has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €129,589 and a net result of €226,834. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency63▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.37 in 2023; short-term debt: 61.9% and cash: 47.1% of total assets), but 61.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
12 d late
2022
7 d late
2021
24 d early
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€129,589▲ 0.6%
2023 · €128,755
Total assets
€340,480▼ 11.1%
2023 · €382,787
Net result
€226,834▲ 20.3%
2023 · €188,540
Working capital
€106,881▲ 14.1%
2023 · €93,637
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€550,635-€282,173▼ 48.8%€274,564▼ 2.7%€259,549▼ 5.5%€301,553▲ 16.2%
Net result€391,544-€210,769▼ 46.2%€203,989▼ 3.2%€188,540▼ 7.6%€226,834▲ 20.3%
Equity€66,491-€116,226▲ 74.8%€128,215▲ 10.3%€128,755▲ 0.4%€129,589▲ 0.6%
Total assets€363,792-€604,641▲ 66.2%€369,194▼ 38.9%€382,787▲ 3.7%€340,480▼ 11.1%
Debt€297,302-€488,415▲ 64.3%€240,979▼ 50.7%€254,032▲ 5.4%€210,891▼ 17.0%
Working capital€29,231-€83,779▲ 187%€86,531▲ 3.3%€93,637▲ 8.2%€106,881▲ 14.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 16% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €340,480
Fixed assets
€22,790 ▼ 35.1%
Current assets
€317,691 ▼ 8.6%
Equity and liabilities €340,480
Equity
€129,589 ▲ 0.6%
Debt
€210,891 ▼ 17.0%
Debt's share of the balance-sheet total falls from 66.4% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€316,333▲
2023 · €273,312
Cash flow
€241,614▲
2023 · €202,303
Current ratio
1.51▲
2023 · 1.37
Debt to equity
1.63▼
2023 · 1.97
ROE
175.0%▲
2023 · 146.4%
ROA
66.6%▲
2023 · 49.3%
Interest coverage
183.90▼
2023 · 483.38
Debt ≤ 1 year
€210,810▼
2023 · €254,032
Income taxes
€73,000▲
2023 · €70,454
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,115 | €5,569 | €11,034 | €13,763 | €14,780 | ▲ 7.4% |
| Other operating charges640/8 | - | €348 | €1,828 | €674 | €6,219 | ▲ 822% |
| Gross operating margin9900 | €555,483 | €288,090 | €287,426 | €273,987 | €322,552 | ▲ 17.7% |
| Operating profit (loss)9901 | €550,635 | €282,173 | €274,564 | €259,549 | €301,553 | ▲ 16.2% |
| Financial income75/76B | - | €3,585 | €5 | €10 | - | - |
| Recurring financial income75 | - | €3,585 | €5 | €10 | - | - |
| Financial charges65/66B | - | €3,350 | €2,449 | €565 | €1,720 | ▲ 204% |
| Recurring financial charges65 | €607 | €3,350 | €2,449 | €565 | €1,720 | ▲ 204% |
| Profit (loss) for the period before taxes9903 | €550,028 | €282,409 | €272,120 | €258,994 | €299,833 | ▲ 15.8% |
| Income taxes67/77 | €158,483 | €71,640 | €68,131 | €70,454 | €73,000 | ▲ 3.6% |
| Profit (loss) for the period9904 | €391,544 | €210,769 | €203,989 | €188,540 | €226,834 | ▲ 20.3% |
| Profit (loss) for the period to be appropriated9905 | €391,544 | €210,769 | €203,989 | €188,540 | €226,834 | ▲ 20.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €363,792 | €604,641 | €369,194 | €382,787 | €340,480 | ▼ 11.1% |
| Fixed assets21/28 | €37,259 | €32,447 | €41,684 | €35,118 | €22,790 | ▼ 35.1% |
| Tangible fixed assets22/27 | €37,259 | €32,447 | €41,684 | €35,118 | €22,790 | ▼ 35.1% |
| Land and buildings22 | - | €28,063 | €20,806 | €13,549 | €6,383 | ▼ 52.9% |
| Furniture and vehicles24 | - | €4,384 | €20,878 | €21,569 | €16,407 | ▼ 23.9% |
| Current assets29/58 | €326,533 | €572,194 | €327,510 | €347,669 | €317,691 | ▼ 8.6% |
| Amounts receivable within one year40/41 | €40,296 | €428,621 | €51,423 | €59,989 | €156,772 | ▲ 161% |
| Trade receivables40 | - | €314,697 | €51,423 | €45,692 | €46,463 | ▲ 1.7% |
| Other amounts receivable41 | - | €113,924 | - | €14,297 | €110,309 | ▲ 672% |
| Cash at bank and in hand54/58 | €280,731 | €142,984 | €275,494 | €287,126 | €160,340 | ▼ 44.2% |
| Deferred charges and accrued income490/1 | - | €590 | €592 | €555 | €579 | ▲ 4.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €363,792 | €604,641 | €369,194 | €382,787 | €340,480 | ▼ 11.1% |
| Equity10/15 | €66,491 | €116,226 | €128,215 | €128,755 | €129,589 | ▲ 0.6% |
| Contributions10/11 | - | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €62,491 | €112,226 | €124,215 | €124,755 | €125,589 | ▲ 0.7% |
| Amounts payable17/49 | €297,302 | €488,415 | €240,979 | €254,032 | €210,891 | ▼ 17.0% |
| Amounts payable within one year42/48 | €297,302 | €488,415 | €240,979 | €254,032 | €210,810 | ▼ 17.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €51,667 | - |
| Trade debts44 | €11,778 | €13,151 | €11,617 | €19,562 | €11,996 | ▼ 38.7% |
| Suppliers440/4 | - | €13,151 | €11,617 | €19,562 | €11,996 | ▼ 38.7% |
| Taxes, remuneration and social security45 | - | €312,516 | €228,208 | €234,470 | €147,147 | ▼ 37.2% |
| Taxes450/3 | - | €312,516 | €228,208 | €234,470 | €147,147 | ▼ 37.2% |
| Other amounts payable47/48 | - | €162,748 | €1,154 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €81 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €391,544 | €210,769 | €203,989 | €188,540 | €226,834 | ▲ 20.3% |
| + Depreciation and write-downs630 | €4,115 | €5,569 | €11,034 | €13,763 | €14,780 | ▲ 7.4% |
| Operating cash flow (approximation) | €395,659 | €216,338 | €215,023 | €202,303 | €241,614 | ▲ 19.4% |
| Investment in fixed assets (approximation) | - | -€757 | -€20,271 | -€7,197 | -€2,452 | ▲ 65.9% |
| Change in cash | - | -€137,747 | €132,511 | €11,631 | -€126,786 | ▼ 1,190% |
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
08-09
State Gazette act
Appointment: Arthus Janssens van der Maelen (director)Power of attorney3 facts ▸
State Gazette act
Appointment: Arthus Janssens van der Maelen (director)
Power of attorney3 facts ▸
- Director appointment, Arthus Janssens van der Maelen (director)
- Power of attorney, R.D.K.
- Power of attorney, Renaud De Kepper
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €188,540 ▼7.6%
Net result drops to €188,540, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €116,226 ▲74.8%
2 profitable years in a row build equity to €116,226.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2025
Arthus Janssens van der Maelen
CurrentDirector · since 06-06-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2019
Ground area
333 m²
Building footprint
132 m²
Volume, LiDAR
1,930 m³
Parcel 21362B0295/00C004, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ARTYM
since 20192.295.144.516
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0295/00C004 | Brussels | 333 m² | 1 · 132 m² | 18.2 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.
Mandate history
1 person since 2025, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Arthus Janssens van der Maelen |
|
Structure & network
Connections & network
4 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
BECI-BRUSSELS CHAMBER OF COMMERCE
Shared director
→
EMBUILD
Shared director
→
EUROPEAN CUSTOMER SYNERGY
Shared director
→
IRIS FACILITY SOLUTIONS
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
4 locations
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,862 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
Founded21-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732724340
Also
9925:BE0732724340
Registered
15-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.