Equity
€442,253 ▲ 3.2%
Artas has made a profit in every financial year since 2016.
Artas
Lifetime
10 annual accounts with figures on one time axispeak €183,912 (2025)
€183,912▲ 112%
peak €127,038 (2020)
€13,866▲ 4.9%
peak €442,253 (2025)
€442,253▲ 3.2%
€2.4m▲ 144%
Board2 names since 2021
2 directorsWANTEN Martijn Luc Rita and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €86,712 to €183,912Debts from €972,068 to €2.4mInvestments €1.7mCash from €98,891 to €20,928
Key points
from the 2025 annual accountsDebts
€2.4m 84% of the balance sheet
Financial debts 83%Suppliers 3%Taxes and wages 1%Other 12%
Of this, €374,476 falls due within a year.
Investments
€1.7m 20.6 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 138.5% higher than in 2024.
Liquidity
0.26 was 0.99 in 2024
Short-term debts rose from €269,348 to €374,476.
Filings
10 annual accounts 7 late
The 2016 accounts came latest: 31 days after the end of the period.
Position in the sector
€442,253
More equity than 87% of companies in head offices and management consultancy. Sector median €78,242 · 39,374 companies.
Checked score
81
Excellent
Financially stronger than 34% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,523 companies (NACE 70, small).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.2%▲ +0.2 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.1 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.26, cash €20,928, halved
1 change of registered office in 24 months
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €2.8m
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 70, small). It does better than 18% of them on solvency, 41% on liquidity, 29% on profitability and 48% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as Artas has now. Each dot stands for 11 companies, two years later.
98.0%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Artas itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for Artas. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.26 (0.99 in 2024), below 1. Short-term debt is 13.3% and cash 0.7% of total assets. 84.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 39342 sector peers (2025).
NBB · sector comparisonPosition among 39342 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
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. 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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
25 days late
2023
7 days early
2022
4 days early
2021
17 days late
2020
5 days early
2019
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 17 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Brussels to Hasselt
New registered office: Gauwerstraat 95, 3721 Hasselt · Previous registered office: T'Kintstraat 35, 1000 Brussel · “Alle mogelijke advies- en/of dienstenfuncties op het vlak van algemeen bedrijfsbeheer, organisatie en…” (deed in Dutch) · General meeting of 13-02-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0627647309
2 directors appointed, 2 resignations
Resignations: WANTEN Martijn Luc Rita and SANTERMANS Diane Alda · Appointments: WANTEN Martijn Luc Rita (director) and SANTERMANS Diane Alda (director) · WANTEN Martijn Luc Rita holds all the shares · General meeting of 21-12-2023 · Gazette deed
Appointment: Martijn Wanten (director)
General meeting of 15-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Artas Hasselt | €2.8m | €183,912 | 15.7% | - |
| Restauration and Wood Impregnation Consulting Herk-de-Stad | €3.0m | €230,141 | 33.9% | - |
| INSITAAR Berchem-Sainte-Agathe | €2.7m | €182,448 | 54.0% | 1 |
| LITA Hove | €3.1m | €182,426 | 16.5% | - |
| J.BLANCKAERT & CO Bruges | €2.5m | €188,528 | 87.7% | - |
| Vercalo Services Anzegem | €2.5m | €171,852 | 5.0% | - |
| M Pro Management Bierbeek | €2.7m | €196,114 | 10.3% | - |
These companies have the same main activity as Artas: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.5m and €3.1m, founded between 2014 and 2015.
Official details
Source: KBO- Status
- Active since 27-03-2015Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.240.951.0123721 Hasselt, since 27-03-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Insights on Artas
Artas files the micro format. That format states no turnover. The gross margin rose from €109,425 in 2016 to €183,912 in 2025.
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Artas
- What is the company number of Artas?
- The company number of Artas is 0627.647.309. The VAT number is the same number with BE in front: BE 0627.647.309.
- Where is Artas based?
- The registered office is at Gauwerstraat 95, 3721 Hasselt.Company details
- What does Artas do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Artas?
- Artas is a private limited company (BV).
- When was Artas founded?
- Artas was founded on 27-03-2015.
- Is Artas still active?
- Yes, Artas is an active enterprise in the KBO register.
- What is the turnover of Artas?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €183,912 and 109 comparable companies (NACE 70200). It probably lies between €260,000 and €370,000.Financials
- Is Artas profitable?
- In financial year 2025, Artas made a profit of €13,866.
- Where can I find the annual accounts of Artas?
- Artas filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Artas due?
- Artas must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.