Continental Art
ActiveThe computed 12-month bankruptcy probability of Continental Art is 2.3% (moderate). The 2025 annual accounts show negative equity (€-29k) and a net result of €35k. Equity is shrinking by ~98.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 10253 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+74
Solvency19▲+3
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 0.81 in 2024; short-term debt: 105.5% and cash: 16.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 10253 sector peers (2025).
NBB · sector comparisonPosition among 10253 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 3 filingsDeviation from the deadline
2025
26 d late
2024
26 d late
2023
13 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-29k▲ 54.9%
2024 · €-64k
2023: €28k
2024: €-64k
2023 → 2025
Total assets
€525k▼ 26.4%
2024 · €714k
2023: €791k
2024: €714k
2023 → 2025
Net result
€35k
2024 · €-93k
2023: €8k
2024: €-93k
2023 → 2025
Working capital
€-104k▲ 29.5%
2024 · €-148k
2023: €-47k
2024: €-148k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€28k-€-64k€-29k▲ 54.9%
Operating result€14k-€-92k€36k
Net result€8k-€-93k€35k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €36k after a loss of €92k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €525k
Fixed assets
€75k▼ 9.9%
Current assets
€450k▼ 28.6%
Key figures and ratios
EBITDA
€44k▲
2024 · €-84k
Cash flow
€44k▲
2024 · €-85k
Solvency
-5.5%▲
2024 · -9.0%
Current ratio
0.81▲
2024 · 0.81
Quick ratio
0.22▲
2024 · 0.12
Debt / equity
-19.11▼
2024 · -12.10
ROA
6.7%▲
2024 · -13.0%
Interest coverage
113.44▲
2024 · -276.85
Debt
€554k▼
2024 · €778k
Debt ≤ 1 year
€554k▼
2024 · €778k
Staff costs
€54k▼
2024 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€714k€525k▼
Fixed assets21/28€84k€75k▼
Tangible fixed assets22/27€59k€50k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€50k€44k▼
Financial fixed assets28€25k€25k=
Current assets29/58€630k€450k▼
Stocks and contracts in progress3€540k€326k▼
Stocks30/36€540k€326k▼
Amounts receivable within one year40/41€59k€27k▼
Trade receivables40€59k€27k▼
Other amounts receivable41€15€102▲
Cash at bank and in hand54/58€21k€85k▲
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€714k€525k▼
Equity10/15€-64k€-29k▲
Contributions10/11€20k€20k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-93k€-57k▲
Amounts payable17/49€778k€554k▼
Amounts payable within one year42/48€778k€554k▼
Trade debts44€111k€115k▲
Suppliers440/4€111k€115k▲
Advances received on contracts in progress46€25k€68▼
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48€631k€425k▼
Income statement
Code20242025
Remuneration, social security and pensions62€61k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€53k€60k▲
Gross operating margin9900€30k€158k▲
Operating profit (loss)9901€-92k€36k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€303€388▲
Recurring financial charges65€303€388▲
Profit (loss) for the period before taxes9903€-92k€35k▲
Income taxes67/77€421-
Profit (loss) for the period9904€-93k€35k▲
Profit (loss) for the period to be appropriated9905€-93k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-57k▲
Profit (loss) brought forward from the previous period14P-€-93k
Social balance
Average headcount (FTE)90871.11.0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-93k ▼1219%
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Ravels · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Singelstraat 682381 RavelsGround area
884 m²
Building footprint
305 m²
Volume, LiDAR
5,124 m³
2 parcels, Flanders · tallest building 32.8 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Continental Art
since 20232.345.834.835
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0213/00E000 | Flanders | 673 m² | 1 · 119 m² | 9.1 m · 3 fl. |
| 31332E0007/00B000 | Flanders | 211 m² | 1 · 186 m² | 32.8 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LAUB
BE 0478.476.353
Ukkel · Eq €28k
Parent & Y SRL
BE 0721.876.671
Court-Saint-Etienne · Eq €29k
AD HOC
BE 0455.268.411
Sint-Gillis (bij-Brussel) · Eq €28k
LADAS LAZ
BE 0825.892.048
Brussel · Eq €29k
Compagnie des Arts
BE 1015.177.056
Gent · Eq €27k
Of 1,286 companies in sector 47690 we hold annual accounts for 424. 293 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2023
Fiscal year end31-12
Activities, NACEBEL
47690Retail sale of other cultural and recreation goods
47787Retail trade
47715Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.