ARTE
ActiveSummary
ARTE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €-2k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-67
Solvency97▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.04 against 4.91 in 2024; short-term debt: 24.5% and cash: 38.4% of total assets), and 27.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 · 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
28 d late
2023
5 d early
2022
31 d late
2021
16 d early
2020
16 d early
2019
14 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▼ 2.7%
2024 · €91k
2018: €33k
2019: €43k
2020: €43k
2021: €59k
2022: €68k
2023: €79k
2024: €91k
2018 → 2025
Total assets
€123k▲ 2.1%
2024 · €121k
2018: €109k
2019: €51k
2020: €82k
2021: €92k
2022: €88k
2023: €102k
2024: €121k
2018 → 2025
Net result
€-2k
2024 · €14k
2018: €6k
2019: €9k
2020: €446
2021: €16k
2022: €9k
2023: €13k
2024: €14k
2018 → 2025
Working capital
€92k▼ 1.4%
2024 · €93k
2018: €32k
2019: €42k
2020: €41k
2021: €49k
2022: €57k
2023: €70k
2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€68k▲ 15.4%€79k▲ 16.5%€91k▲ 15.4%€89k▼ 2.7%
Operating result€23k-€13k▼ 42.3%€19k▲ 47.2%€20k▲ 1.8%€-3k
Net result€16k-€9k▼ 42.8%€13k▲ 41.7%€14k▲ 7.4%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €20k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€1k ▼ 65.5%
Current assets
€122k ▲ 4.4%
Equity and liabilities €123k
Equity
€89k ▼ 2.7%
Debt
€34k ▲ 17.1%
Debt's share of the balance-sheet total rises from 24.4% to 27.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-255▼
2024 · €26k
Cash flow
€56▼
2024 · €20k
Current ratio
4.04▼
2024 · 4.91
Quick ratio
1.90▼
2024 · 2.54
Debt to equity
0.39▲
2024 · 0.32
ROE
-2.8%▼
2024 · 15.2%
ROA
-2.0%▼
2024 · 11.5%
Interest coverage
-1.82▼
2024 · 264.78
Debt ≤ 1 year
€30k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€123k▲
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Furniture and vehicles24€4k€1k▼
Current assets29/58€117k€122k▲
Stocks and contracts in progress3€56k€65k▲
Stocks30/36€56k€65k▲
Amounts receivable within one year40/41€5k€9k▲
Trade receivables40€5k€6k▲
Other amounts receivable41-€3k
Current investments50/53€40k-
Cash at bank and in hand54/58€14k€47k▲
Deferred charges and accrued income490/1€1k€646▼
Equity and liabilities
Total equity and liabilities10/49€121k€123k▲
Equity10/15€91k€89k▼
Contributions10/11€6k€6k=
Reserves13€64k€64k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€22k€19k▼
Amounts payable17/49€29k€34k▲
Amounts payable within one year42/48€24k€30k▲
Current portion of amounts payable after more than one year42€847-
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€9k€19k▲
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k▼
Other operating charges640/8€855€892▲
Gross operating margin9900€27k€638▼
Operating profit (loss)9901€20k€-3k▼
Financial income75/76B€821€451▼
Recurring financial income75€821€451▼
Financial charges65/66B€99€140▲
Recurring financial charges65€99€140▲
Profit (loss) for the period before taxes9903€20k€-2k▼
Income taxes67/77€7k-
Profit (loss) for the period9904€14k€-2k▼
Profit (loss) for the period to be appropriated9905€14k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€19k▼
Profit (loss) brought forward from the previous period14P€23k€22k▼
Transfer to equity691/2€14k-
To other reserves6921€14k-
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (4 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 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-2k ▼118%
Net result drops to €-2k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €16k ▲3462%
Operating result €23k, net result €16k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 6.09
Current ratio from 1.43 to 6.09; short-term debt falls from €76k to €8k.
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1997
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.
Valkenstraat 19850 DeinzeGround area
5,291 m²
Building footprint
214 m²
Volume, LiDAR
1,186 m³
Parcel 44044B0977/00E000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Valkenstraat 1, 9850 Deinze
since 19972.068.894.390
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44044B0977/00E000 | Flanders | 5,290 m² | 1 · 214 m² | 9.8 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
Art HeYi
BE 0779.746.772
Brussel · Eq €89,222
CADRE 2000 by Marie Lore
BE 1008.542.256
Sint-Joost-ten-Node · Eq €88,173
LIEGE ENCADREMENT
BE 0875.357.890
Liège · Eq €89,681
DESIGN & PUBLISHING GROUP
BE 0821.238.622
Ronse · Eq €90,145
LOTIKA
BE 0840.612.490
Gent · Eq €90,803
Of 1,289 companies in sector 47690 we hold annual accounts for 425. 326 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-10-1994
Fiscal year end31-12
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
47551Retail sale of household furniture
47791Retail sale of antiques
90120Visual arts creation
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.