COM-ART
ActiveSummary
COM-ART has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,949 and a net result of -€7,306. Equity is shrinking by ~20.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 61% of 7794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2023
Profitability0=
Solvency89▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 15.06 in 2023; short-term debt: 36.4% and cash: 7.5% of total assets), and 36.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.6%
Return on assets
-35.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2023
114 d late
2021
134 d late
2020
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 83 days after the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,306▲ 74.0%
2023 · -€28,138
Working capital
€4,029▼ 94.6%
2023 · €74,244
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
Line2020202120232025
Operating result€208,854-€211▼ 99.9%-€17,802--€6,733-
Net result€139,712--€4,935-€28,138--€7,306-
Equity€141,712-€136,777▼ 3.5%€93,362-€12,949-
Total assets€284,160-€224,226▼ 21.1%€98,642-€20,345-
Debt€142,448-€87,448▼ 38.6%€5,280-€7,395-
Working capital€139,843-€135,531▼ 3.1%€74,244-€4,029-
Result per fiscal year
Operating resultNet result
The operating result is -€6,733 in 2025, compared with -€17,802 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €20,345
Fixed assets
€8,920 ▼ 53.3%
Current assets
€11,424 ▼ 85.6%
Equity and liabilities €20,345
Equity
€12,949 ▼ 86.1%
Debt
€7,395 ▲ 40.1%
Debt's share of the balance-sheet total rises from 5.4% to 36.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,469▲
2023 · -€12,391
Cash flow
-€2,042▲
2023 · -€22,727
Current ratio
1.54▼
2023 · 15.06
Debt to equity
0.57▲
2023 · 0.06
ROE
-56.4%▼
2023 · -30.1%
ROA
-35.9%▼
2023 · -28.5%
Interest coverage
-6.44▲
2023 · -19.73
Debt ≤ 1 year
€7,395▲
2023 · €5,280
Income taxes
€345▼
2023 · €12,473
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €332 | €623 | €5,411 | €5,264 | - |
| Other operating charges640/8 | - | €5,647 | €586 | €1,578 | - |
| Gross operating margin9900 | €209,186 | €6,481 | -€11,805 | €109 | - |
| Operating profit (loss)9901 | €208,854 | €211 | -€17,802 | -€6,733 | - |
| Financial income75/76B | - | €1,559 | €2,765 | - | - |
| Recurring financial income75 | €0 | €1,559 | €2,765 | - | - |
| Financial charges65/66B | - | €2,505 | €628 | €228 | - |
| Recurring financial charges65 | €2,161 | €2,505 | €628 | €228 | - |
| Profit (loss) for the period before taxes9903 | €206,694 | -€735 | -€15,665 | -€6,961 | - |
| Income taxes67/77 | €66,982 | €4,199 | €12,473 | €345 | - |
| Profit (loss) for the period9904 | €139,712 | -€4,935 | -€28,138 | -€7,306 | - |
| Profit (loss) for the period to be appropriated9905 | €139,712 | -€4,935 | -€28,138 | -€7,306 | - |
| Line | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €284,160 | €224,226 | €98,642 | €20,345 | - |
| Fixed assets21/28 | €1,870 | €1,246 | €19,118 | €8,920 | - |
| Intangible fixed assets21 | - | - | €16,229 | €8,114 | - |
| Tangible fixed assets22/27 | €1,870 | €1,246 | €2,889 | €806 | - |
| Furniture and vehicles24 | - | €1,246 | €2,889 | €806 | - |
| Current assets29/58 | €282,291 | €222,979 | €79,524 | €11,424 | - |
| Amounts receivable within one year40/41 | €11,239 | €1,148 | €70,857 | €9,421 | - |
| Trade receivables40 | - | €512 | - | - | - |
| Other amounts receivable41 | - | €636 | €70,857 | €9,421 | - |
| Cash at bank and in hand54/58 | €271,051 | €220,866 | €8,256 | €1,529 | - |
| Deferred charges and accrued income490/1 | - | €965 | €411 | €474 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €284,160 | €224,226 | €98,642 | €20,345 | - |
| Equity10/15 | €141,712 | €136,777 | €93,362 | €12,949 | - |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | - |
| Reserves13 | €139,712 | €139,712 | €139,712 | €56,712 | - |
| Distributable reserves133 | - | €139,712 | €139,712 | €56,712 | - |
| Profit (loss) carried forward14 | - | -€4,935 | -€48,350 | -€45,763 | - |
| Amounts payable17/49 | €142,448 | €87,448 | €5,280 | €7,395 | - |
| Amounts payable within one year42/48 | €142,448 | €87,448 | €5,280 | €7,395 | - |
| Trade debts44 | €14,490 | €708 | €957 | €67 | - |
| Suppliers440/4 | - | €708 | €957 | €67 | - |
| Taxes, remuneration and social security45 | - | €75,218 | €4,323 | €6,510 | - |
| Taxes450/3 | - | €74,791 | €4,323 | €6,510 | - |
| Remuneration and social security454/9 | - | €428 | - | - | - |
| Other amounts payable47/48 | - | €11,522 | - | €818 | - |
| Line | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €139,712 | -€4,935 | -€28,138 | -€7,306 | - |
| + Depreciation and write-downs630 | €332 | €623 | €5,411 | €5,264 | - |
| Operating cash flow (approximation) | €140,044 | -€4,311 | -€22,727 | -€2,042 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - |
| Change in cash | - | -€50,185 | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
31-12
Financial
Weakest financial yearnet -€28,138
Net result drops to -€28,138, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 15.06
Current ratio from 2.55 to 15.06; short-term debt falls from €87,448 to €5,280.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 134 days late
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Celles (lez-Tournai) · 1 establishment unit since 2019
Ground area
2,414 m²
Building footprint
142 m²
Volume, LiDAR
723 m³
Parcel 57023B0512/02A000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue du Joncquois 2, 7760 Celles (lez-Tournai)
since 20192.295.868.947
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57023B0512/02A000 | Wallonia | 2,414 m² | 1 · 142 m² | 6.8 m · 2 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.
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,413. 5,013 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
Founded08-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.