BRUSSELS ART SERVICES
The computed 12-month bankruptcy probability of BRUSSELS ART SERVICES is 1.3% (low). The 2024 annual accounts show negative equity (€-41k) and a net result of €7k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 134 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-41k |
| Net result | €7k |
| Better than sector | 14% |
| Active | 4 yrs |
Fragile profile — watch profitability in particular.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -9.0% | 46.4% | |
| Net result | €7k | €9k | |
| Equity | €-41k | €31k | |
| Gross operating margin | €30k | €23k | |
| Total assets | €451k | €68k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €26k |
| Net profit | €7k |
| Cash flow | €16k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €451k |
| Equity | €-41k |
| Debt | €492k |
| of which ≤ 1y | €27k |
| of which > 1y | €463k |
| Working capital | €-23k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.16 |
| Quick ratio | 0.16 |
| Working capital ratio | -5.1% |
| Solvency | -9.0% |
| Debt / equity | -12.11 |
| Long-term debt ratio | -11.40 |
| Interest coverage | 2.64 |
| Gross margin | — |
| Net margin | — |
| ROA | 1.5% |
| ROE | -16.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €451k |
| Fixed assets | 21/28 | €447k |
| Tangible fixed assets | 22/27 | €447k |
| Current assets | 29/58 | €4k |
| Amounts receivable within one year | 40/41 | €920 |
| Cash & bank | 54/58 | €3k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €451k |
| Equity | 10/15 | €-41k |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €-56k |
| Amounts payable | 17/49 | €492k |
| Amounts payable after one year | 17 | €463k |
| Amounts payable within one year | 42/48 | €27k |
| Trade debts payable within one year | 44 | €799 |
| Income statement | ||
| Gross operating margin | 9900 | €30k |
| Operating result | 9901 | €17k |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €7k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
| NACE primary | 90312 |
| Legal form | Private limited company(610) |
| Incorporation | 23-03-2022 |
| Status | Active |
| Postal code | 1080 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0820/00F002 | Brussels | 510 m² | 1 · 511 m² | 10.8 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameFR | BRUSSELS ART SERVICES |
| AbbreviationFR | B.A.S. |