Debts
€30,290 81% of the balance sheet
Suppliers 66%Taxes and wages 11%Other 23%
Bartificial
Overview
Lifetime
4 annual accounts with figures on one time axispeak €17,396 (2024)
-€1,112▼ €18,508
lowest -€9,559 (2023)
-€3,749▼ €17,769
peak €10,748 (2024)
€6,999▼ 34.9%
€30,290▲ 154%
Board1 name since 2022
1 directorBartel Jan Piet Thieu Rutten
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Gross margin from €17,396 to -€1,112Loss of €3,749Equity from €10,748 to €6,999Debts from €11,945 to €30,290Cash from €4,030 to €6,940
Key points
from the 2025 annual accountsFilings
4 annual accounts 1 late
The 2022 accounts came 29 days late. The other three were filed on time.
Position in the sector
€6,999
Less equity than 81% of companies in advertising and market research. Sector median €58,793 · 8,621 companies.
Turnover not published (micro format)
Checked score
79
Excellent
Financially stronger than 18% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%highest value
01-2025: 1.8%● unchanged vs 12-2024highest value
02-2025: 1.8%● unchanged vs 01-2025highest value
03-2025: 1.8%● unchanged vs 02-2025highest value
04-2025: 1.8%● unchanged vs 03-2025highest value
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.8%● unchanged vs 05-2025
07-2025: 1.8%● unchanged vs 06-2025
08-2025: 0.4%▼ -1.4 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.3%▼ -0.1 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.5%▼ -0.1 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €6,999 (18.8% of total assets)
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
Liquidity: current ratio 1.20, cash €6,940
Figures for financial year 2025 (filed on 10-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 25% of them on solvency, 16% on liquidity, 15% on profitability and 18% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,207 companies had the same profile as Bartificial has now. Each dot stands for 4 companies, two years later.
90.1%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Bartificial itself is lower: 0.5% within 12 months. It rests on far more data about Bartificial than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 1,207 companies, not a prediction for Bartificial. 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.2 (1.37 in 2024), below the usual 1.5. Short-term debt is 81.2% and cash 18.6% of total assets. 81.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 8614 sector peers (2025).
NBB · sector comparisonPosition among 8614 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 days early
2024
1 day early
2023
on the day
2022
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 2 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Diepenbeek
New registered office: Rooierheidestraat 11, 3590 Diepenbeek · Previous registered office: Stiemerstraat 3, 3590 Diepenbeek · Board meeting of 10-09-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0782223737
Incorporation
Founding capital of €5,000, 100 shares · Founder: Bartel Jan Piet Thieu Rutten · Appointment: Bartel Jan Piet Thieu Rutten (director) · published on 17-02-2022 · Gazette deed
First establishment
Rooierheidestraat 11, Diepenbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bartificial Diepenbeek | €37,289 | -€1,112 | 18.8% | - |
| Lars van den Dungen Hamont-Achel | €39,632 | -€13,822 | 7.6% | - |
| PR EXPRESSION Ixelles | €35,827 | -€650 | -23.8% | - |
| FALCON BIO Leuven | €35,310 | -€14,364 | 29.4% | - |
| C-Touch Management Etterbeek | €34,468 | -€22,249 | 81.5% | - |
| ZORCQ HEALTHCARE Herent | €38,901 | -€16,296 | 92.2% | - |
| ESIGMA SOLUTIONS Ans | €35,928 | -€12,741 | 77.1% | - |
These companies have the same main activity as Bartificial: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €34,500 and €39,600, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 15-02-2022Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 2 others
- Establishment unit
- 2.330.122.8153590 Diepenbeek, since 15-02-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- -€1,112
- €3,749
- €6,999▼ 34.9%
- €37,289▲ 64.3%
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on Bartificial
Bartificial files the micro format. That format states no turnover. The gross margin fell from €3,211 in 2022 to -€1,112 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadline-€1,112
▼ €18,508
-€2,839
▼ €19,478
-€3,749
▼ €17,769
€6,087
▲ 37.2%
18.8%
▼ 28.6 percentage points
1.20
▼ 0.17
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €37,289 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
18.8%
Higher than 24% of 8,614 companies in 2025.
1.20
Higher than 31% of 8,290 companies in 2025.
-10.1%
Higher than 14% of 8,399 companies in 2025.
Bartificial
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
37,289 | 22,694 | 4,087 | 11,869 | |
20 |
- | - | - | 109 | |
21/28 |
912 | 6,310 | - | - | |
22/27 |
912 | 6,310 | - | - | |
24 |
912 | 6,310 | - | - | |
29/58 |
36,377 | 16,383 | 4,087 | 11,760 | |
40/41 |
26,770 | 10,134 | 1,520 | 3,807 | |
40 |
26,770 | 9,951 | - | 3,807 | |
41 |
- | 183 | 1,520 | - | |
54/58 |
6,940 | 4,030 | 148 | 5,767 | |
490/1 |
2,667 | 2,219 | 2,419 | 2,186 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
37,289 | 22,694 | 4,087 | 11,869 | |
10/15 |
6,999 | 10,748 | -3,271 | 6,287 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
1,999 | 5,748 | 1,287 | 1,287 | |
133 |
1,999 | 5,748 | 1,287 | 1,287 | |
14 |
- | - | -9,559 | - | |
17/49 |
30,290 | 11,945 | 7,358 | 5,582 | |
42/48 |
30,290 | 11,945 | 7,358 | 5,582 | |
44 |
19,943 | 2,274 | 3,774 | 1,128 | |
440/4 |
19,943 | 2,274 | 3,774 | 1,128 | |
45 |
3,433 | 9,671 | 3,584 | 4,454 | |
450/3 |
3,433 | 9,671 | 856 | 4,454 | |
454/9 |
- | - | 2,728 | - | |
47/48 |
6,914 | - | - | - | |
| Income statement | |||||
9900 |
-1,112 | 17,396 | -7,313 | 3,211 | |
630 |
539 | 308 | 109 | 774 | |
640/8 |
462 | 449 | 446 | 629 | |
66A |
727 | - | - | - | |
9901 |
-2,839 | 16,639 | -7,869 | 1,807 | |
75/76B |
102 | - | - | - | |
75 |
102 | - | - | - | |
65/66B |
827 | 1,136 | 1,163 | 191 | |
65 |
827 | 1,136 | 1,163 | 191 | |
9903 |
-3,564 | 15,503 | -9,032 | 1,617 | |
67/77 |
185 | 1,483 | 527 | 329 | |
9904 |
-3,749 | 14,020 | -9,559 | 1,287 | |
9905 |
-3,749 | 14,020 | -9,559 | 1,287 | |
| Appropriation of the result | |||||
9906 |
-3,749 | 4,461 | -9,559 | 1,287 | |
14P |
- | -9,559 | - | - | |
791/2 |
3,749 | - | - | - | |
691/2 |
- | 4,461 | - | 1,287 | |
6921 |
- | 4,461 | - | 1,287 | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -2,300 | 16,947 | -7,760 | 2,582 | ||
| -3,210 | 14,327 | -9,450 | 2,061 | ||
| -4,859 | 6,618 | 0 | - | ||
| 2,909 | 3,882 | -5,619 | - | ||
| 6,087 | 4,438 | -3,271 | 6,178 | ||
| 18.8% | 47.4% | - | 53.0% | ||
| 1.20 | 1.37 | - | 2.11 | ||
| 4.33 | 1.11 | - | 0.89 | ||
| -53.6% | 130.4% | - | 20.5% | ||
| -10.1% | 61.8% | - | 10.8% | ||
| -2.78 | 14.92 | -6.67 | 13.52 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €6,618 | - | - |
| €539 | €308 | €109 | €774 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Bartificial
The operating result for 2025 is a loss of €2,839, after a profit of €16,639 in 2024.
Debt's share of the balance-sheet total rises from 52.6% to 81.2%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 15-02-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 10-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 17-02-2022
Mandates through the years
1 name, the dashed line is todayBartel Jan Piet Thieu Rutten
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Bartel Jan Piet Thieu Rutten
- Director (not named in the articles), from 15-02-2022 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €69.99 in 2025
- Source
- deed of 17-02-2022
Articles of association
deed of 17-02-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Behalve door wet of statuten aan algemene vergadering voorbehouden, niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 17-02-2022 ↗
- Bartel Jan Piet Thieu Rutten 100 shares (100%) · €5,000 in cash
Network & group
No group
Bartificial has no parent and no holdings in its annual accounts. Bartel Jan Piet Thieu Rutten is the only director. Bartificial shares no director with another company.
At the same address
Rooierheidestraat 11, 3590 Diepenbeek · 1 other company| Rutten, Reynder (sole trader)
establishment since 08-04-2026 |
founded in 2026 1036.587.233 |
Timeline
Timeline
11 events since 2022Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 21 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Back to profit net €14,020 The net result is €14,020, after one loss-making year.
Liquidity more than doubled current ratio 1.37 The current ratio rises from 0.56 to 1.37.
Registered office moved within DiepenbeekNew registered office: Rooierheidestraat 11, 3590 Diepenbeek · Previous registered office: Stiemerstraat 3, 3590 Diepenbeek · Board meeting of 10-09-20242 points ▸
- Board meeting, 10-09-2024
- Registered-office move, Rooierheidestraat 11, 3590 Diepenbeek
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Weakest financial year net -€9,559 The net result drops to -€9,559, the lowest from 2022 to 2025. It recovers the following year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0782223737
Annual accounts 2022 filed PDFmicro format · 29 days late
2022
IncorporationFounding capital of €5,000, 100 shares · Founder: Bartel Jan Piet Thieu Rutten · Appointment: Bartel Jan Piet Thieu Rutten (director) · published on 17-02-20223 points ▸
- Founder, Bartel Jan Piet Thieu Rutten
- Founding capital, €5,000, 100 shares
- Director appointment, Bartel Jan Piet Thieu Rutten (director (not named in the articles))
- The deed holds 2 more points.
First establishment Rooierheidestraat 11, Diepenbeek
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Bartificial was incorporated on 15 February 2022 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Diepenbeek in 2024.3 Since 2022, Bartel Jan Piet Thieu Rutten has served as director.4 Total assets rose from €11,869 in 2022 to €37,289 in 2025.5
Company details
Identity
- Enterprise number
- 0782.223.737
- VAT number
- BE 0782.223.737
- Peppol ID
- 0208:0782223737
- Other Peppol ID
- 9925:BE0782223737
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-02-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 20:00deed of 17-02-2022 (in Dutch)
- Peppol
- Reachable since 24-11-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Bartificial in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-02-2022 (in Dutch)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
64200
Holdings
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Bouw van schepen en drijvend materieel; Personenvervoer over zee- en kustwateren; Personenvervoer over binnenwateren; Onderhoud en reparatie…”deed of 17-02-2022 (in Dutch)
30 activities
- Bouw van schepen en drijvend materieel.
- Personenvervoer over zee- en kustwateren.
- Personenvervoer over binnenwateren.
- Onderhoud en reparatie van pleziersportvaartuigen.
- Verhuur en operationele leasing van transportmiddelen voor vervoer over water,zoals vrachtschepen,cargo’s en dergelijke,zonder bemanning.
- Ontwikkeling van bouwprojecten.
- Handel in eigen onroerend goed.
- Verhuur en exploitatie van eigen of geleased onroerend goed.
- Tekenen en ontwerpen van gebouwen.
- Toezien op de bouwwerkzaamheden (ruwbouw,installatie,afwerking,en dergelijke).
- Verlenen van bouwkundige adviezen aan de bouwheer.
- Leiden van belangrijke herstellingswerkzaamheden aan gebouwen.
- Bouwarchitecten.
- Interieurarchitecten.
- Stedenbouwkundige en tuin- en landschapsarchitecten.
- Ontwerpen van tuinen en parken,en dergelijke.
- Detailhandel via postorderbedrijven of via internet.
- Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende bedrijven die in meerderheid tot de financiële sector behoren.
- Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal,en dergelijke.
- Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren.
- Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering.
- Uitvoeren van studies en verlenen van advies i.v.m. stedenbouwkundige planning en landschapsarchitectuur. Adviesbureaus op het gebied van bedrijfsbeheer. Administratieve en ondersteunende activiteiten ten behoeve van kantoren.
- Huishoudens als werkgever van huishoudelijk personeel.
- Diverse administratieve activiteiten ten behoeve van kantoren.
- Ingenieurs en aanverwante technische adviseurs,exclusief landmeters.
- Ontwerpen en programmeren van computerprogramma’s.
- Vervaardiging van meet-,controle- en navigatie-instrumenten en -apparatuur.
- Vervaardiging van automatische gegevensverwerkende machines,inclusief microcomputers en tekstverwerkers: centrale verwerkingseenheden,interfaces,consoles,en dergelijke.
- Vervaardiging van andere machines,apparaten en werktuigen voor specifieke doeleinden,niet elders gespecifieerd.
- Industriële vormgeving.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rooierheidestraat 11 registered office 3590 Diepenbeek | 15-02-2022 | 2.330.122.815 |
Buildings and parcels at the address
- Ground area
- 1,089 m²
- Buildings
- 126 m²
- Volume, LiDAR
- 672 m³
- Tallest building
- 8.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71011A0040/02M016 | 1,089 m² | 1 · 125 m² | 8.1 m · 2 |