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Continental Art

Active
Private limited companyfounded 2023active for 3 yearsSingelstraat 68, 2381 Ravels, BelgiumKBO/BCE: BE 0802.065.086

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Continental Art has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€29,015) and a net result of €35,345. Equity has been shrinking by about 99% per year since 2023. Its solvency ranks better than 12% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Official details

KBO
Status
Active since 24-05-2023 Normal situation
Activity
Retail sale of other cultural and recreation goods NACE 47690and 2 others
Establishment unit
2.345.834.835 8300 Knokke-Heist, since 24-05-2023
Financial year end
31 December
Peppol
Reachable since 04-11-2025

Board and ownership

Board
  • BELGIUM ARTDirector · permanent representative Daniël Hanegreefs
  • JIJC BVDirector · permanent representative Jeff Verhaeren

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€158,010
▲ 435%
Turnover
≈ €900,000
estimated
Profit
€35,345
Equity
-€29,015
▲ 54.9%
Total assets
€525,475
▼ 26.4%
Staff
1 FTE
▼ 9.1%
Filed on 26-08-2026, 26 days after the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€29,015Founded in 2023lowers riskLiquidity: current ratio 0.81, cash €85,415Size: 1 FTE, total assets €525,475Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 47% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 19+3
equity -5.5% of total assets
Liquidity 20+16
short-term debt 105.5% · cash 16.3%
Profitability 77+74
return on assets 6.7%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.5%▲ +0.1 percentage points vs 02-2025 04-2025: 3.0%▲ +0.5 percentage points vs 03-2025 05-2025: 3.7%▲ +0.7 percentage points vs 04-2025 06-2025: 4.3%▲ +0.6 percentage points vs 05-2025 07-2025: 4.6%▲ +0.3 percentage points vs 06-2025 08-2025: 5.3%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 5.2%▼ -0.1 percentage points vs 08-2025 10-2025: 5.2%● unchanged vs 09-2025 11-2025: 5.2%● unchanged vs 10-2025 12-2025: 5.2%● unchanged vs 11-2025 01-2026: 5.0%▼ -0.2 percentage points vs 12-2025 02-2026: 4.7%▼ -0.3 percentage points vs 01-2026 03-2026: 4.7%● unchanged vs 02-2026 04-2026: 3.0%▼ -1.7 percentage points vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.1%▲ +0.1 percentage points vs 06-2026 08-2026: 3.9%▲ +0.8 percentage points vs 07-2026 09-2026: 1.5%▼ -2.4 percentage points vs 08-2026lowest value 10-2026: 1.5%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.81 (0.81 in 2024), below 1. Short-term debt is 105.5% and cash 16.3% of total assets. Equity is negative.
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 17% of them on solvency, 19% on liquidity, 66% on profitability and 87% 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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Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€29,015
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.81, cash €85,415
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 1 FTE, total assets €525,475
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 12757 sector peers (2025).
NBB · sector comparison
Position among 12757 sector peers
Solvency
better than 12%
← weakest strongest →
raises risk · 2025 accounts filed 26 days late
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. 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 · 3 filings
Deviation from the deadline
2025
26 days late
2024
26 days late
2023
13 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 22 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 26 August (3 of the last 3 accounts filed within 30 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 incorporation in 2023.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€29,015 View
  • Positive: Back in profit in 2025after a loss of €92,639 in 2024 €35,345 View
  • Caution: Less equity than 90% of companies in retail tradesector median €236,771 · 12,767 companies -€29,015 View

Comparable companies

These companies have the same main activity as Continental Art: retail sale of other cultural and recreation goods (NACE 47690). They are comparable in size and age: total assets between €341,000 and €1.2m, founded between 2020 and 2024.

CompanyTotal assetsGross margin
Continental Art Ravels€0.5m€0.2m
LOQUAL Sint-Niklaas€0.4m€0.04m
ANTENOR AUCTION Brussel€0.6m€0.1m
LC OFFICE Sint-Gillis (bij-Brussel)€1.2m€0.2m
Galerie Christophe Gaillard Brussels Brussel€0.5m€0.1m
PH Art & Culture Consulting Elsene€0.6m€0.3m
HR LES BAINS Brussel€0.3m€0.2m
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Continental Art

What is the company number of Continental Art?
The company number of Continental Art is 0802.065.086. The VAT number is the same number with BE in front: BE 0802.065.086.
Where is Continental Art based?
The registered office is at Singelstraat 68, 2381 Ravels.Company details
What does Continental Art do?
According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
What is the legal form of Continental Art?
The legal form of Continental Art is Private limited company (BV).
When was Continental Art founded?
Continental Art was founded on 24-05-2023.
Is Continental Art still active?
Yes, Continental Art is an active enterprise in the KBO register.
How many employees does Continental Art have?
Continental Art had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Continental Art?
The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €158,010 and 160 comparable companies (NACE 47). It probably lies between €570,000 and €1.6m.
Is Continental Art profitable?
In financial year 2025, Continental Art made a profit of €35,345.
Where can I find the annual accounts of Continental Art?
Continental Art filed 3 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 Continental Art due?
Continental Art must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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