ARTELI
ActiveSummary
ARTELI has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €-234. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-72
Solvency44▼-56
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 4.32 in 2024; short-term debt: 81.1% and cash: 5.2% of total assets), and 81.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
18.8%
Return on assets
-0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
21 d early
2024
25 d late
2023
2 d late
2022
24 d late
2021
30 d late
2020
11 d late
← 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
€84k▼ 77.7%
2024 · €379k
2020: €76k
2021: €326k
2022: €479k
2023: €364k
2024: €379k
2020 → 2025
Total assets
€449k▼ 9.2%
2024 · €494k
2020: €143k
2021: €468k
2022: €653k
2023: €758k
2024: €494k
2020 → 2025
Net result
€-234
2024 · €115k
2020: €75k
2021: €249k
2022: €153k
2023: €238k
2024: €115k
2020 → 2025
Working capital
€85k▼ 77.6%
2024 · €379k
2020: €53k
2021: €339k
2022: €217k
2023: €107k
2024: €379k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€326k-€479k▲ 46.9%€364k▼ 24.1%€379k▲ 4.1%€84k▼ 77.7%
Operating result€327k-€197k▼ 40.0%€297k▲ 51.3%€144k▼ 51.5%€3k▼ 97.9%
Net result€249k-€153k▼ 38.5%€238k▲ 55.3%€115k▼ 51.6%€-234
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 98% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €449k
Fixed assets
€100 ▼ 69.4%
Current assets
€448k ▼ 9.2%
Equity and liabilities €449k
Equity
€84k ▼ 77.7%
Debt
€364k ▲ 216%
Debt's share of the balance-sheet total rises from 23.3% to 81.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €144k
Cash flow
€-7▼
2024 · €115k
Current ratio
1.23▼
2024 · 4.32
Debt to equity
4.32▲
2024 · 0.30
ROE
-0.3%▼
2024 · 30.3%
ROA
-0.1%▼
2024 · 23.3%
Interest coverage
0.85▼
2024 · 832.72
Debt ≤ 1 year
€364k▲
2024 · €114k
Income taxes
€347▼
2024 · €40k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€494k€449k▼
Fixed assets21/28€327€100▼
Tangible fixed assets22/27€327€100▼
Furniture and vehicles24€327€100▼
Financial fixed assets28€0-
Current assets29/58€494k€448k▼
Amounts receivable within one year40/41€35k€5k▼
Trade receivables40€0-
Other amounts receivable41€35k€5k▼
Current investments50/53€398k€419k▲
Cash at bank and in hand54/58€60k€23k▼
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€494k€449k▼
Equity10/15€379k€84k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€378k€83k▼
Amounts payable17/49€115k€364k▲
Amounts payable within one year42/48€114k€364k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€2k€49k▲
Taxes450/3€2k€49k▲
Other amounts payable47/48€110k€311k▲
Accrued charges and deferred income492/3€931€576▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€227€227=
Other operating charges640/8€905€400▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€150k€4k▼
Operating profit (loss)9901€144k€3k▼
Financial income75/76B€10k€911▼
Recurring financial income75€10k€911▼
Financial charges65/66B€174€4k▲
Recurring financial charges65€174€4k▲
Profit (loss) for the period before taxes9903€155k€112▼
Income taxes67/77€40k€347▼
Profit (loss) for the period9904€115k€-234▼
Profit (loss) for the period to be appropriated9905€115k€-234▼
Appropriation of the result
Profit (loss) to be appropriated9906€478k€378k▼
Profit (loss) brought forward from the previous period14P€363k€378k▲
Profit to be distributed694/7€100k€294k▲
Return on contributions (dividend)694€100k€294k▲
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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-234 ▼100%
Net result drops to €-234, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 4.32
Current ratio from 1.27 to 4.32; short-term debt falls from €394k to €114k.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-01
State Gazette act
Board meeting · Director resignation
Permanent representative
2021
31-12
Financial
Highest result since 2020net €249k ▲230%
Operating result €327k, net result €249k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.06
Current ratio from 1.79 to 4.06.
31-12
Financial
Equity above €200kEq €326k ▲327%
2 profitable years in a row build equity to €326k.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
14-12
State Gazette act
Board meeting · Director appointment
Director resignation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Thimister-Clermont · 1 establishment unit since 2020
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.
Feltry 114890 Thimister-ClermontGround area
1,437 m²
Building footprint
221 m²
Volume, LiDAR
1,226 m³
Parcel 63017C0479/00G000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARTELI
since 20202.300.077.955
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63017C0479/00G000 | Wallonia | 1,437 m² | 1 · 221 m² | 8.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500065DFA1C4BB586
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In2Potential
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,270 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
Founded26-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:o.aretz@gmail.com
Phone:0489910262