RADIO - T.V. ARTOOS - VAN KELST
ActiveRADIO - T.V. ARTOOS - VAN KELST has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €201k and a net result of €-72k. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 217 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2026
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 47.57 against 16.08 in 2023; short-term debt: 1.5% and cash: 2.5% of total assets), and 13.8% of the assets are financed with debt.
Credit advice for your own amount and term
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 08-06-2026, 145 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
145 d early
2023
30 d late
2022
30 d late
2021
30 d late
2020
30 d late
2019
30 d late
2018
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€201k▼ 48.2%
2023 · €388k
2019: €480k
2020: €445k
2021: €455k
2022: €441k
2023: €388k
2019 → 2026
Total assets
€233k▼ 46.6%
2023 · €436k
2019: €531k
2020: €500k
2021: €527k
2022: €490k
2023: €436k
2019 → 2026
Net result
€-72k▼ 35.2%
2023 · €-53k
2019: €-21k
2020: €-34k
2021: €10k
2022: €-14k
2023: €-53k
2019 → 2026
Working capital
€166k▼ 45.4%
2023 · €304k
2019: €316k
2020: €305k
2021: €326k
2022: €335k
2023: €304k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232026Trend
Equity€445k-€455k▲ 2.2%€441k▼ 3.2%€388k▼ 12.1%€201k▼ 48.2%
Operating result€-37k-€10k€-13k€-52k▼ 302%€-43k▲ 18.2%
Net result€-34k-€10k€-14k€-53k▼ 268%€-72k▼ 35.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-43k in 2026, compared with €-52k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2026 in colour, 2023 as the grey bar beneath
Assets €233k
Fixed assets
€63k▼ 43.4%
Current assets
€170k▼ 47.7%
Equity and liabilities €233k
Equity
€201k▼ 48.2%
Provisions
€29k=
Debt
€4k▼ 82.3%
The debt ratio falls from 4.6% to 1.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-38k▼
2023 · €-29k
Cash flow
€-67k▼
2023 · €-30k
Solvency
86.2%▼
2023 · 88.8%
Current ratio
47.57▲
2023 · 16.08
Quick ratio
47.57▲
2023 · 12.07
Debt / equity
0.02▼
2023 · 0.05
ROE
-35.8%▼
2023 · -13.7%
ROA
-30.9%▼
2023 · -12.2%
Interest coverage
-3.05▲
2023 · -33.19
Debt
€4k▼
2023 · €20k
Debt ≤ 1 year
€4k▼
2023 · €20k
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 · 2026 against 2023
Balance sheet
Code20232026
Assets
Total assets20/58€436k€233k▼
Fixed assets21/28€112k€63k▼
Tangible fixed assets22/27€94k€63k▼
Land and buildings22€89k€62k▼
Plant, machinery and equipment23€324-
Furniture and vehicles24€4k€1k▼
Financial fixed assets28€18k€0▼
Current assets29/58€325k€170k▼
Stocks and contracts in progress3€81k€0▼
Stocks30/36€81k€0▼
Amounts receivable within one year40/41€83k€63k▼
Trade receivables40€83k€57k▼
Other amounts receivable41-€6k
Current investments50/53€80k€101k▲
Cash at bank and in hand54/58€81k€6k▼
Equity and liabilities
Total equity and liabilities10/49€436k€233k▼
Equity10/15€388k€201k▼
Contributions10/11€19k€19k=
Reserves13€369k€182k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€39k€39k=
Distributable reserves133€328k€143k▼
Provisions and deferred taxes16€29k€29k=
Provisions for liabilities and charges160/5€29k€29k=
Pensions and similar obligations160€29k€29k=
Amounts payable17/49€20k€4k▼
Amounts payable within one year42/48€20k€4k▼
Trade debts44€3k€314▼
Suppliers440/4€3k€314▼
Taxes, remuneration and social security45€14k-
Taxes450/3€14k-
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€3k▲
Income statement
Code20232026
Remuneration, social security and pensions62€22k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€5k▼
Other operating charges640/8€7k€7k▲
Gross operating margin9900€-127€-31k▼
Operating profit (loss)9901€-52k€-43k▲
Financial income75/76B€163€1k▲
Recurring financial income75€163€1k▲
Financial charges65/66B€886€30k▲
Recurring financial charges65€886€12k▲
Non-recurring financial charges66B-€18k
Profit (loss) for the period before taxes9903€-53k€-72k▼
Profit (loss) for the period9904€-53k€-72k▼
Profit (loss) for the period to be appropriated9905€-53k€-72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-72k▼
Transfer from equity791/2€53k€72k▲
The notes to these accounts (12 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 2027, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-72k
Net result drops to €-72k, the lowest in the series.
31-03
Financial
Liquidity triplescurrent ratio 47.57
Current ratio from 16.08 to 47.57; short-term debt falls from €20k to €4k.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
31-03
Financial
Liquidity doublescurrent ratio 17.52
Current ratio from 8.51 to 17.52; short-term debt falls from €43k to €20k.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 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, Boortmeerbeek · 1 establishment unit since 1977
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.
Beringstraat 33190 BoortmeerbeekGround area
1,116 m²
Building footprint
257 m²
Volume, LiDAR
2,015 m³
Parcel 24014E0181/00S000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Beringstraat 5, 3190 Boortmeerbeek
since 19772.013.209.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014E0181/00S000 | Flanders | 1,116 m² | 2 · 257 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
ELECTRONIC CENTER DE TEMMERMAN
BE 0453.873.985
Brakel · Eq €201k
TV Somers Marc
BE 0430.244.389
Halen · Eq €199k
ELECTRO EECKHOUDT
BE 0666.445.032
Dendermonde · Eq €199k
BnC Automotive
BE 0465.728.276
Mechelen · Eq €198k
ASBEL
BE 0420.896.559
Oosterzele · Eq €204k
Of 1,510 companies in sector 47540 we hold annual accounts for 805. 658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1976
Fiscal year end31-03
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.