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Complete company report
Generated 15-08-2026
Active BE 0865.948.395Private limited company (pre-2019)

Design Art

Alsembergsesteenweg 842 ·1180 Ukkel, Belgium· 22 yrs active
Sector: Overige werkzaamheden in verband met de afwerking van gebouwen (43350)
Conclusion Checked

The computed 12-month bankruptcy probability of Design Art is 2.4% (moderate). The 2023 annual accounts show equity of €144k and a net result of €-45k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 9100 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €144k
Net result €-45k
Better than sector 38%
Active 22 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health27Profitability2Solvency55Growth35Stability100
44 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 27
Profitability 2
Solvency 55
Growth 35
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
2.4% Moderate
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Higher-failure-rate region +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 2004, 22 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
27 / 100 Weak
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 11-02-2026 with the NBB · fiscal year 2023 · micro
€-500k€0€500k€1.00M€1.50MRevenue 2019: €1.66M€1.66MOperating result 2019: €21k€21kNet result 2019: €49k€49kOperating result 2020: €68k€68kNet result 2020: €102k€102kOperating result 2021: €43k€43kNet result 2021: €25k€25kOperating result 2022: €17k€17kNet result 2022: €7k€7kRevenue 2023: €1.17M€1.17MOperating result 2023: €-40k€-40kNet result 2023: €-45k€-45k20192020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~10.8%/year over 6 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k€300k2024: €200k (€161k - €240k)2025: €217k (€154k - €279k)2026: €233k (€146k - €319k)2018: €84k2019: €96k2020: €156k2021: €181k2022: €188k2023: €144k201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

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).

Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 29.5% 38.7%
better than 38% of 9100 sector peers
Net result €-45k €12k
better than 5% of 9085 sector peers
Equity €144k €30k
better than 91% of 9106 sector peers
Gross operating margin €246k €33k
better than 95% of 9074 sector peers
Total assets €487k €89k
better than 95% of 9101 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€1.17M
-29.5% 18-23
EBITDA
€-38k
- 18-23
Net profit
€-45k
- 18-23
Cash flow
€-43k
- 18-23
Total assets
€487k
-11.8% 18-23
Equity
€144k
-23.7% 18-23
Working capital
€137k
-24.6% 18-23
Employees (FTE)
2
-25.0% 18-23
Staff costs
€52k
-30.6% 18-23
Income taxes
€471
-81.1% 18-23
Debt
€343k
-5.7% 18-23
Debt ≤ 1y
€343k
-5.7% 18-23
Debt > 1y
€2k
-92.2% 18-23
Current ratio
1.40
-6.7% 18-23
Quick ratio
1.32
-7.4% 18-23
Solvency
29.5%
-13.4% 18-23
Debt / equity
2.39
+23.5% 18-23
ROE
-31.0%
- 18-23
ROA
-9.1%
- 18-23
Net margin
-3.8%
- 18-23
EBITDA margin
-3.2%
- 18-23
Interest coverage
-7.72
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€1.17M
EBITDA€-38k
Net profit€-45k
Cash flow€-43k
Staff costs-
Income taxes€471
Dividends-
Total assets€487k
Equity€144k
Debt€343k
of which ≤ 1y€343k
of which > 1y-
Working capital€137k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.40
Quick ratio1.32
Working capital ratio28.2%
Solvency29.5%
Debt / equity2.39
Long-term debt ratio-
Interest coverage-7.72
Gross margin20.5%
Net margin-3.8%
ROA-9.1%
ROE-31.0%
EBITDA margin-3.2%
Days sales outstanding71d
Days payable outstanding63d
Inventory turnover34.15
Days inventory (DSI)11d
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€487k
Fixed assets 21/28€6k
Tangible fixed assets 22/27€4k
Financial fixed assets 28€2k
Current assets 29/58€481k
Stocks & contracts in progress 3€27k
Amounts receivable within one year 40/41€405k
Cash & bank 54/58€46k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€487k
Equity 10/15€144k
Contributions / capital 10/11€26k
Reserves 13€29k
Accumulated profits (losses) 14€89k
Amounts payable 17/49€343k
Amounts payable within one year 42/48€343k
Trade debts payable within one year 44€159k
Income statement
Turnover 70€1.17M
Gross operating margin 9900€246k
Operating result 9901€-40k
Financial income 75€511
Financial charges 65€5k
Result before taxes 9903€-44k
Income taxes 67/77€471
Net result for the period 9904€-45k
Result to be appropriated 9905€-45k
You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Overige werkzaamheden in verband met de afwerking van gebouwen(43350)
Legal form Private limited company (pre-2019)(015)
Incorporation24-06-2004
StatusActive
Postal code1180
Connections & network 1 connected companies
Network connections
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
DESIGN ART
Alsembergsesteenweg 842, 1180 Ukkelde vervaardiging van metalen werkstukken voor rekening van derden door toepassing van diverse technieken : boren, draaien, frezen, vonkerosief bewerken, schaven, lappen, tekfrezen, vlakken, zagen, sli
since 20042.138.655.406
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 16 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
23-02-2026
State Gazette act Registered-office change
v3.2
11-02-2026
NBB filing Annual accounts filed
fiscal year 2023 · micro
2024
26-04-2024
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
12-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
23-02-2022
NBB filing Annual accounts filed
fiscal year 2020 · micro
07-02-2022
State Gazette act Registered-office change
v3.2
2021
06-10-2021
State Gazette act Director changes
v3.2
22-09-2021
State Gazette act Director changes
v3.2
03-03-2021
NBB filing Annual accounts filed
fiscal year 2019 · micro
2020
29-01-2020
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
03-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
15-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
10-02-2017
State Gazette act Registered-office change
v3.2
2016
04-10-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
09-10-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
02-06-2014
State Gazette act Registered-office change
v3.2
Belgisch Staatsblad, acts 6 acts
Address history · 4
23-02-2026
v3.2
07-02-2022
v3.2
10-02-2017
v3.2
02-06-2014
v3.2
All acts · 6 updated 5 months ago
2026
23-02-2026 Registered office moved within Uccle Registered-office change
  • Chaussée d'Alsemberg 842, 1180 Uccle → Chaussée d'Alsemberg 842, 1180 Uccle
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Uccle",
        "region": "Brussels",
        "street": "Chauss\u00E9e d\u0027Alsemberg",
        "country": "BE",
        "postcode": "1180",
        "box_number": "R38/30",
        "street_number": "842"
      },
      "old_address": {
        "city": "Uccle",
        "region": "Brussels",
        "street": "Chauss\u00E9e d\u0027Alsemberg",
        "country": "BE",
        "postcode": "1180",
        "box_number": null,
        "street_number": "842"
      },
      "effective_date": "2026-01-01",
      "evidence_quote": "L\u0027assembl\u00E9 g\u00E9n\u00E9rale prend acte du changement de l\u0027adresse du si\u00E8ge \u00E0 l\u0027adresse Chauss\u00E9e d\u0027Alsemberg 842 bo\u00EEte R38/30-1180 Uccle. Les modifications entrent en vigueur le 01/01/2026."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0865.948.395",
    "name_full": "DESIGN ART",
    "legal_form": "SRL"
  }
}
2022
07-02-2022 Registered office moved within Bruxelles Registered-office change
  • Chaussée D'Alsemberg 482, 1180 Bruxelles → Chaussée d'Alsemberg 842, 1180 Bruxelles
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Bruxelles",
        "region": "Brussels",
        "street": "Chauss\u00E9e d\u0027Alsemberg",
        "country": "BE",
        "postcode": "1180",
        "box_number": null,
        "street_number": "842"
      },
      "old_address": {
        "city": "Bruxelles",
        "region": "Brussels",
        "street": "Chauss\u00E9e D\u0027Alsemberg",
        "country": "BE",
        "postcode": "1180",
        "box_number": null,
        "street_number": "482"
      },
      "effective_date": null,
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire d\u00E9cide avec la majorit\u00E9 des voix et par vote s\u00E9par\u00E9 d\u0027approuver le transfert du si\u00E8ge social \u00E0 la Chauss\u00E9e d\u0027Alsemberg 842-1180 Bruxelles avec effet imm\u00E9diat."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0865.948.395",
    "name_full": "DESIGN ART",
    "legal_form": "SRL"
  }
}
2021
06-10-2021 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0865.948.395",
    "name_full": "DESIGN ART",
    "legal_form": "SPRL"
  }
}
22-09-2021 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0865.948.395",
    "name_full": "DESIGN ART",
    "legal_form": "SPRL"
  }
}
2017
10-02-2017 Registered office moved within Anderlecht Registered-office change
  • Avenue Venizelos 1, 1070 Anderlecht → Rue Douvres 9, 1070 Anderlecht
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Anderlecht",
        "region": "Brussels",
        "street": "Rue Douvres",
        "country": "BE",
        "postcode": "1070",
        "box_number": null,
        "street_number": "9"
      },
      "old_address": {
        "city": "Anderlecht",
        "region": "Brussels",
        "street": "Avenue Venizelos",
        "country": "BE",
        "postcode": "1070",
        "box_number": "1",
        "street_number": "1"
      },
      "effective_date": "2016-11-01",
      "evidence_quote": "L\u0027Assembl\u00E9e g\u00E9n\u00E9rale extraordinaire qui s\u0027est r\u00E9uni\u00E9 le 01/11/2016 au si\u00E8ge d\u00E9cide \u00E0 l\u0027unan\u00EDmit\u00E9 des votes et par voix s\u00E9par\u00E9e de transf\u00E9rer l\u0027adresse du si\u00E8ge social \u00E0 Rue Douvres 9 - 1070 Anderlecht avec l\u0027effet imm\u00E9diat."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0865.948.395",
    "name_full": "DESIGN ART",
    "legal_form": "SPRL"
  }
}
2014
02-06-2014 Registered office moved within Bruxelles Registered-office change
  • RUE DE L'ARCHITECTURE 3, 1070 BRUXELLES → Rue Venizelos 1, 1070 Bruxelles
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Bruxelles",
        "region": "Brussels",
        "street": "Rue Venizelos",
        "country": "BE",
        "postcode": "1070",
        "box_number": "B1",
        "street_number": "1"
      },
      "old_address": {
        "city": "BRUXELLES",
        "region": "Brussels",
        "street": "RUE DE L\u0027ARCHITECTURE",
        "country": "BE",
        "postcode": "1070",
        "box_number": "3",
        "street_number": "3"
      },
      "effective_date": "2014-03-01",
      "evidence_quote": "Suite \u00E0 l\u0027Assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 1\u00BAr mars 2014, il a \u00E9t\u00E9 d\u00E9cid\u00E9 de transf\u00E9rer le si\u00E8ge social \u00E0 la Rue Venizelos 1 bte B1- 1070 Bruxelles avec effet \u00EDmm\u00E9diat."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0865.948.395",
    "name_full": "DESIGN ART",
    "legal_form": "SPRL"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Overige werkzaamheden in verband met de afwerking van gebouwen45450
Primary activity highlighted.
Names & trade names
Legal nameFR Design Art
Registered office
Alsembergsesteenweg 842 bus R38/30
1180 Ukkel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative