KUNSTHUIS
ActiveSummary
KUNSTHUIS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,204 and a net result of €3,108. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 95% of 11693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
What they do
Wholesale trade
NACE 46492NACE 51475
2 sites
How big
€88,958total assets 2025
- Equity
- €88,204
- Profit
- €3,108
Turnover not published (abridged schema)
Who decides
Accounts filed 31 d late0 of 2 deeds read
Why 87- Multiple establishment units- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-11
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
short-term debt: 0.3% and cash: 79.8% of total assets, and 0.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.2%
Return on assets
3.5%
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
61 d late
2022
on the day
2021
on the day
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 31 August (5 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Liquidity times 8current ratio 332.70
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €88,958Profit €3,108Solvency 99.2%Liquidity 332.70
Total assets
€88,958▼ 0.6%
2018 - 2025
Net result
€3,108▼ 71.0%
2018 - 2025
Equity
€88,204▲ 3.7%
2018 - 2025
Solvency
99.2%▲ 4.1pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,784▼ 61.2%€1,986▼ 65.7%€4,211▲ 112%€14,063▲ 234%€3,587▼ 74.5%
Net result€4,577within the sector's middle half▼ 66.0%€1,522within the sector's middle half▼ 66.8%€3,407within the sector's middle half▲ 124%€10,703within the sector's middle half▲ 214%€3,108within the sector's middle half▼ 71.0%
Equity€69,464within the sector's middle half▲ 7.1%€70,986within the sector's middle half▲ 2.2%€74,393within the sector's middle half▲ 4.8%€85,096within the sector's middle half▲ 14.4%€88,204within the sector's middle half▲ 3.7%
Total assets€69,464below the sector's middle half▲ 5.5%€71,115within the sector's middle half▲ 2.4%€77,086within the sector's middle half▲ 8.4%€89,503within the sector's middle half▲ 16.1%€88,958within the sector's middle half▼ 0.6%
Debt€129€2,693▲ 1,981%€4,407▲ 63.6%€753▼ 82.9%
Working capital€68,555within the sector's middle half€72,397within the sector's middle half▲ 5.6%€85,866within the sector's middle half▲ 18.6%€87,558within the sector's middle half▲ 2.0%
Solvency100.0%above the sector's middle half▲ 1.5pp99.8%above the sector's middle half▼ 0.2pp96.5%above the sector's middle half▼ 3.3pp95.1%above the sector's middle half▼ 1.4pp99.2%above the sector's middle half▲ 4.1pp
Current ratio27.88above the sector's middle half42.36above the sector's middle half▲ 14.48
Return on assets (ROA)6.6%within the sector's middle half▼ 13.8pp2.1%within the sector's middle half▼ 4.4pp4.4%within the sector's middle half▲ 2.3pp12.0%within the sector's middle half▲ 7.5pp3.5%within the sector's middle half▼ 8.5pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,958
Fixed assets
€1,135 ▼ 27.2%
Current assets
€87,822 ▼ 0.1%
Equity and liabilities €88,958
Equity
€88,204 ▲ 3.7%
Debt
€753 ▼ 82.9%
Debt's share of the balance-sheet total falls from 4.9% to 0.8%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€4,012▼
2024 · €14,498
Cash flow
€3,533▼
2024 · €11,139
Debt to equity
0.01▼
2024 · 0.05
ROE
3.5%▼
2024 · 12.6%
Interest coverage
53.87▼
2024 · 219.97
Debt ≤ 1 year
€264▼
2024 · €2,076
Income taxes
€785▼
2024 · €3,689
A ratio outside any meaningful range has been withheld (balance sheet total €88,958, equity €88,204).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,318 | €6,259 | €435 | €435 | €425 | ▼ 2.4% |
| Other operating charges640/8 | €1,142 | €558 | €1,334 | €1,000 | €1,023 | ▲ 2.3% |
| Gross operating margin9900 | €13,244 | €8,804 | €5,980 | €15,499 | €5,035 | ▼ 67.5% |
| Operating profit (loss)9901 | €5,784 | €1,986 | €4,211 | €14,063 | €3,587 | ▼ 74.5% |
| Financial income75/76B | €4 | €0 | €146 | €396 | €381 | ▼ 3.8% |
| Recurring financial income75 | €4 | €0 | €146 | €396 | €381 | ▼ 3.8% |
| Financial charges65/66B | €67 | €74 | €64 | €66 | €74 | ▲ 13.0% |
| Recurring financial charges65 | €67 | €74 | €64 | €66 | €74 | ▲ 13.0% |
| Profit (loss) for the period before taxes9903 | €5,721 | €1,912 | €4,293 | €14,393 | €3,893 | ▼ 73.0% |
| Income taxes67/77 | €1,144 | €390 | €886 | €3,689 | €785 | ▼ 78.7% |
| Profit (loss) for the period9904 | €4,577 | €1,522 | €3,407 | €10,703 | €3,108 | ▼ 71.0% |
| Profit (loss) for the period to be appropriated9905 | €4,577 | €1,522 | €3,407 | €10,703 | €3,108 | ▼ 71.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69,464 | €71,115 | €77,086 | €89,503 | €88,958 | ▼ 0.6% |
| Fixed assets21/28 | €8,691 | €2,431 | €1,996 | €1,560 | €1,135 | ▼ 27.2% |
| Tangible fixed assets22/27 | €8,441 | €2,181 | €1,746 | €1,310 | €885 | ▼ 32.4% |
| Land and buildings22 | €2,066 | €1,771 | €1,475 | €1,180 | €885 | ▼ 25.0% |
| Plant, machinery and equipment23 | €2,154 | - | - | - | - | - |
| Furniture and vehicles24 | €4,221 | €411 | €270 | €130 | - | - |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €60,774 | €68,684 | €75,090 | €87,942 | €87,822 | ▼ 0.1% |
| Stocks and contracts in progress3 | €10,339 | €7,807 | €8,435 | €9,921 | €12,578 | ▲ 26.8% |
| Stocks30/36 | €10,339 | €7,807 | €8,435 | €9,921 | €12,578 | ▲ 26.8% |
| Amounts receivable within one year40/41 | €4,933 | €3,876 | €4,061 | €2,417 | €4,241 | ▲ 75.4% |
| Trade receivables40 | €1,149 | €169 | €2,820 | - | €864 | - |
| Other amounts receivable41 | €3,785 | €3,707 | €1,241 | €2,417 | €3,377 | ▲ 39.7% |
| Cash at bank and in hand54/58 | €45,202 | €56,701 | €62,295 | €75,304 | €71,003 | ▼ 5.7% |
| Deferred charges and accrued income490/1 | €300 | €300 | €300 | €300 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69,464 | €71,115 | €77,086 | €89,503 | €88,958 | ▼ 0.6% |
| Equity10/15 | €69,464 | €70,986 | €74,393 | €85,096 | €88,204 | ▲ 3.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €49,013 | €50,535 | €53,942 | €64,645 | €67,753 | ▲ 4.8% |
| Amounts payable17/49 | - | €129 | €2,693 | €4,407 | €753 | ▼ 82.9% |
| Amounts payable within one year42/48 | - | €129 | €2,693 | €2,076 | €264 | ▼ 87.3% |
| Trade debts44 | - | - | €2,657 | €1,450 | - | - |
| Suppliers440/4 | - | - | €2,657 | €1,450 | - | - |
| Taxes, remuneration and social security45 | - | €129 | - | - | - | - |
| Remuneration and social security454/9 | - | €129 | - | - | - | - |
| Other amounts payable47/48 | - | - | €36 | €626 | €264 | ▼ 57.8% |
| Accrued charges and deferred income492/3 | - | - | - | €2,331 | €489 | ▼ 79.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,577 | €1,522 | €3,407 | €10,703 | €3,108 | ▼ 71.0% |
| + Depreciation and write-downs630 | €6,318 | €6,259 | €435 | €435 | €425 | ▼ 2.4% |
| Operating cash flow (approximation) | €10,895 | €7,781 | €3,842 | €11,139 | €3,533 | ▼ 68.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €11,499 | €5,594 | €13,009 | -€4,301 | ▼ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
PAPETERIE PETITJEAN
BE 0812.266.914
Burdinne · Eq €88,986
BALCO BELGIUM
BE 0454.476.078
Sint-Pieters-Woluwe · Eq €85,855
SIERPACK EDDY NEIRYNCK
BE 0433.260.297
Zele · Eq €90,949
TREVO
BE 0466.311.761
Lochristi · Eq €82,533
T & I LABEL
BE 0678.376.626
Wetteren · Eq €100,096
Of 332 companies in this sector we hold annual accounts for 240. 169 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 31-08-2026Next filing 31-07-2027
History
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
2025
31-12
Financial
Liquidity times 8current ratio 332.70
Current ratio from 42.36 to 332.70; short-term debt falls from €2,076 to €264.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €1,522 ▼66.8%
Net result drops to €1,522, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 7current ratio 52.12
Current ratio from 7.10 to 52.12; short-term debt falls from €5,113 to €976.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 7.10
Current ratio from 2.36 to 7.10; short-term debt falls from €10,637 to €5,113.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 24-09-1990Year ends 31-12Peppol reachable2 sites
Register details
Identification
Legal formPrivate limited company
Founded24-09-1990
Fiscal year end31-12
Activities, NACEBEL 2025
46492Wholesale trade
82300Organisation of conventions and trade shows
90393Specialised image, lighting and sound technical services
Contact
E-mail
kunsthuis@skynet.beAntwerpen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441580424
Also
9925:BE0441580424
Registered
03-10-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1990
Ground area
6,772 m²
Building footprint
1,527 m²
Volume, LiDAR
2,963 m³
2 parcels, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
KUNSTHUIS
since 1990unit no. 2.049.765.594
Schaarbeekstraat(MEL) 20C, 9120 Beveren-Kruibeke-Zwijndrecht
since 2019unit no. 2.300.566.123
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46016D1340/00E000 | Flanders | 6,459 m² | 1 · 1,384 m² | 16.6 m |
| 11804D2280/00L000 | Flanders | 313 m² | 1 · 143 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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