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BEL ARTE

Active
Private limited companyfounded 1988active for 38 yearsAvenue du Parc 7, 1340 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0434.057.776

From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BEL ARTE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,847 and a net result of €24,042. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 87% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 28-04-1988 Normal situation
Activity
Retail sale of lighting equipment NACE 47552
Establishment unit
2.037.952.083 1300 Wavre, since 16-05-1988
Financial year end
31 December
Peppol
Reachable since 02-02-2026

Board and ownership

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€45,380
▲ 28.2%
Turnover
≈ €260,000
estimated
Profit
€24,042
▲ 30.7%
Equity
€81,847
▲ 41.6%
Total assets
€103,080
▲ 38.1%
Filed on 29-09-2026, 60 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 60 days late; 3 of the last 3 accounts lateSize: total assets €103,080lowers riskLiquidity: current ratio 3.91, cash €40,262Founded in 1988Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 90% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 79.4% of total assets
Liquidity 92=
short-term debt 20.6% · cash 39.1%
Profitability 98-2
return on assets 23.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.2 percentage points vs 09-2025 11-2025: 0.2%▼ -0.2 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.91 (3.47 in 2024), above the usual 1.5. Short-term debt is 20.6% and cash 39.1% of total assets. 20.6% of the assets are financed with debt and provisions.
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 47, micro). It does better than 92% of them on solvency, 93% on liquidity, 90% on profitability and 84% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 60 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €103,080
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.91, cash €40,262
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
67 days late
2023
31 days late
2022
18 days early
2021
24 days late
2020
19 days late
2019
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 1 September (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 87% of companies in retail tradesector median 33.2% · 22,726 companies 79.4% View
  • Positive: 8 profitable years in a rowprofit 2025: €24,042 8 years View

Comparable companies

These companies have the same main activity as BEL ARTE: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €108,000 and €174,000, founded between 1984 and 1995.

CompanyTotal assetsGross margin
BEL ARTE Ottignies-Louvain-la-Neuve€103,080€45,380
ACCRES Merksplas€107,847€33,563
Coutellerie ANDRE Liège€137,559€48,613
La Cadrerie Wavre€173,554€61,091
GA FORREST Elsene€161,442€57,482
EPICUREAN Turnhout€115,466€37,591
STOCK ORION Beveren-Kruibeke-Zwijndrecht€157,764€25,760
Full comparison

Documents

Annual accounts at the NBB

All 36 annual accounts

Articles and registers

Key facts about BEL ARTE

What is the company number of BEL ARTE?
The company number of BEL ARTE is 0434.057.776. The VAT number is the same number with BE in front: BE 0434.057.776.
Where is BEL ARTE based?
The registered office is at Avenue du Parc 7, 1340 Ottignies-Louvain-la-Neuve.Company details
What does BEL ARTE do?
According to the KBO register, the main activity is retail sale of lighting equipment (NACE 47552).
What is the legal form of BEL ARTE?
The legal form of BEL ARTE is Private limited company (BV).
When was BEL ARTE founded?
BEL ARTE was founded on 28-04-1988.
Is BEL ARTE still active?
Yes, BEL ARTE is an active enterprise in the KBO register.
What is the turnover of BEL ARTE?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €45,380 and 41 comparable companies (NACE 475). It probably lies between €190,000 and €410,000. In financial year 2022 turnover was €5,350.Financials
Is BEL ARTE profitable?
In financial year 2025, BEL ARTE made a profit of €24,042.
Where can I find the annual accounts of BEL ARTE?
BEL ARTE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of BEL ARTE due?
BEL ARTE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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