ART & LIGHT

Active

Private limited companyfounded 200125 yrs activeOverwinningsstraat 122, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0473.675.546

ART & LIGHT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2025

47 / 100

Fair▼ -38 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency53▼-47

Growth78=

Stability100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity tight (current ratio 1.4 against 5.18 in 2024), and 71.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

28.4%

Return on assets

-1%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

4 d early

2024

19 d late

2023

28 d late

2022

8 d late

2021

19 d early

2020

19 d late

2019

27 d late

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-3k

2024 · €22k

2018: €-4k 2019: €-9k 2020: €-33k 2021: €33k 2022: €7k 2023: €50k 2024: €22k

2018 → 2025

Working capital

€81k▼ 1.3%

2024 · €82k

2018: €21k 2019: €11k 2020: €-22k 2021: €11k 2022: €18k 2023: €60k 2024: €82k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€11k-€18k▲ 64.0%€60k▲ 232%€82k▲ 35.9%€81k▼ 1.3%

Operating result€42k-€14k▼ 67.7%€48k▲ 254%€36k▼ 25.1%€2k▼ 94.1%

Net result€33k-€7k▼ 78.8%€50k▲ 609%€22k▼ 56.8%€-3k

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 94% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €285k

99.9%

Fixed assets €205=

Current assets €285k▲ 181%

Equity and liabilities €285k

28.4%

71.6%

Equity €81k▼ 1.3%

Debt €204k▲ 944%

The debt ratio rises from 19.3% to 71.6%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

Solvency

28.4%▼

2024 · 80.7%

Current ratio

1.40▼

2024 · 5.18

Quick ratio

1.36▼

2024 · 4.80

Debt / equity

2.52▲

2024 · 0.24

ROE

-3.6%▼

2024 · 26.4%

ROA

-1.0%▼

2024 · 21.3%

Debt

€204k▲

2024 · €20k

Debt ≤ 1 year

€204k▲

2024 · €20k

Income taxes

€5k▼

2024 · €11k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€102k€285k▲

Fixed assets21/28€205€205=

Financial fixed assets28€205€205=

Current assets29/58€101k€285k▲

Stocks and contracts in progress3€7k€7k=

Stocks30/36€7k€7k=

Amounts receivable within one year40/41€93k€248k▲

Trade receivables40€70k-

Other amounts receivable41€23k€248k▲

Cash at bank and in hand54/58€919€29k▲

Equity and liabilities

Total equity and liabilities10/49€102k€285k▲

Equity10/15€82k€81k▼

Profit (loss) carried forward14€82k€81k▼

Amounts payable17/49€20k€204k▲

Amounts payable within one year42/48€20k€204k▲

Current portion of amounts payable after more than one year42€906€782▼

Financial debts43-€44k

Credit institutions430/8-€44k

Trade debts44-€107k

Suppliers440/4-€107k

Advances received on contracts in progress46-€38k

Other amounts payable47/48€19k€15k▼

Income statement Code20242025

Other operating charges640/8€2k€3k▲

Gross operating margin9900€38k€5k▼

Operating profit (loss)9901€36k€2k▼

Financial income75/76B€22-

Recurring financial income75€22-

Financial charges65/66B€4k-

Recurring financial charges65€4k-

Profit (loss) for the period before taxes9903€32k€2k▼

Income taxes67/77€11k€5k▼

Profit (loss) for the period9904€22k€-3k▼

Profit (loss) for the period to be appropriated9905€22k€-3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€82k€81k▼

Profit (loss) brought forward from the previous period14P€60k€84k▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

27-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

19-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 19 days late

2024

31-12

Financial Liquidity quadruplescurrent ratio 5.18

Current ratio from 1.20 to 5.18; short-term debt falls from €300k to €20k.

28-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 28 days late

2023

31-12

Financial Highest result since 2018net €50k ▲609%

Operating result €48k, net result €50k, both a record.

08-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 8 days late

2022

12-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Back to profitnet €33k

Net result €33k after 3 loss-making years.

31-12

Financial Liquidity doublescurrent ratio 1.27

Current ratio from 0.52 to 1.27; short-term debt falls from €47k to €40k.

19-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 19 days late

2020

31-12

Financial Weakest financial yearnet €-33k

Net result drops to €-33k, the lowest in the series; recovery starts the following year.

27-08

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 27 days late

2019

22-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 22 days late

2018

02-10

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 63 days late

2017

20-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 51 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2001

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.

Overwinningsstraat 1221060 Sint-Gillis (bij-Brussel)

Ground area

285 m²

Building footprint

280 m²

Volume, LiDAR

2,675 m³

Parcel 21013B0077/00L006, Brussels · tallest building 19.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

T COM CB SPRL

Guldenvliesgalerij 316, 1050 ElseneNACE 52450

since 20012.097.858.392

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21013B0077/00L006	Brussels	285 m²	1 · 280 m²	19.2 m · 2 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

ELEKTRO WERNER HEEREN

Heusden-Zolder · Eq €83k

Of 1,238 companies in sector 46643 we hold annual accounts for 945. 534 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-01-2001

Fiscal year end31-12

Activities, NACEBEL

46643Wholesale of electrical equipment, including installation materials

47552Retail sale of lighting equipment

43211General electrical installation work

45310

71121Engineering and related technical consultancy, excluding land surveyors

74203

Sources

Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.