M-ART
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of M-ART is 6.2% (elevated). The annual accounts of M-ART for financial year 2025 show a net loss of 77% of the equity at the start of that year. The 2025 annual accounts show equity of €10,403 and a net result of -€35,416. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 12% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 26-10-2017 Normal situation
- Legal form
- Private limited company
- Registered office
- Grootveldstraat 7, 3550 Heusden-Zolder
- Activity
- Plastering work NACE 43310
- Establishment unit
- 2.270.150.287 3550 Heusden-Zolder, since 26-10-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 6.2%
- Turnover
- €30,183
- ▼ 79.7%
- Loss
- €35,416
- Equity
- €10,403
- ▼ 77.3%
- Total assets
- €157,336
- ▼ 26.0%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownraises riskLast filed accounts filed 80 days late; 3 of the last 3 accounts lateLiquidity: current ratio 0.16Loss of €35,416 (financial year 2025)lowers riskSize: turnover €30,183, total assets €157,336Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 12% of them on solvency, 1% on liquidity, 4% on profitability and 4% 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
The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 19-10-2026
- Annual accounts 2024filed on 09-10-2025
- Annual accounts 2023filed on 29-10-2024
- Annual accounts 2022filed on 31-07-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 31-07-2026
- Purpose · Legal-form change · Resignations & appointmentsact of 25-01-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0683.742.904
Key facts about M-ART
- What is the company number of M-ART?
- The company number of M-ART is 0683.742.904. The VAT number is the same number with BE in front: BE 0683.742.904.
- Where is M-ART based?
- The registered office is at Grootveldstraat 7, 3550 Heusden-Zolder.Company details
- What does M-ART do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of M-ART?
- The legal form of M-ART is Private limited company (BV).
- When was M-ART founded?
- M-ART was founded on 26-10-2017.
- Is M-ART still active?
- Yes, M-ART is an active enterprise in the KBO register.
- What is the turnover of M-ART?
- The turnover of M-ART was €30,183 in financial year 2025, according to the filed annual accounts.Financials
- Is M-ART profitable?
- In financial year 2025, M-ART made a loss of €35,416.
- Where can I find the annual accounts of M-ART?
- M-ART filed 8 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 M-ART due?
- M-ART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as M-ART: plastering work (NACE 43310). They are comparable in size and age: total assets between €113,000 and €216,000, founded between 2013 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| M-ART Heusden-Zolder | €157,336 | -€33,602 |
| GEVELPRO Oudsbergen | €149,556 | -€96,706 |
| PLAFONNAGE MELLAH Liège | €113,493 | -€12,562 |
| J&M BOUW Wemmel | €216,292 | -€13,542 |
| wereld decoratie Diest | €149,907 | -€21,184 |
| BATI CHAPE Anderlues | €133,299 | -€44 |
| RENO DELTA Awans | €120,294 | €607 |
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