Artiley
ActiveSummary
The computed 12-month bankruptcy probability of Artiley is 2.7% (moderate). The 2025 annual accounts show negative equity (€-7k) and a net result of €658. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 5% of 11322 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-14
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Age of the figures
Age of the figures
9 mo
raises risk · 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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 11322 sector peers (2025).
NBB · sector comparisonPosition among 11322 sector peers
Solvency
better than 5%
← 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 01-04-2026, 121 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
121 d early
2024
31 d early
2023
27 d early
2022
25 d late
2021
60 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
€-7k▲ 9.1%
2024 · €-7k
2021: €-3k
2022: €-10k
2023: €-8k
2024: €-7k
2021 → 2025
Total assets
€4▼ 99.8%
2024 · €2k
2021: €19k
2022: €12k
2023: €18k
2024: €2k
2021 → 2025
Net result
€658▲ 44.1%
2024 · €457
2021: €-4k
2022: €-7k
2023: €3k
2024: €457
2021 → 2025
Working capital
€-7k▲ 15.5%
2024 · €-8k
2021: €-15k
2022: €-20k
2023: €-14k
2024: €-8k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€-10k▼ 231%€-8k▲ 24.6%€-7k▲ 5.9%€-7k▲ 9.1%
Operating result€-4k-€-7k▼ 71.1%€3k€733▼ 75.5%€1k▲ 45.3%
Net result€-4k-€-7k▼ 74.6%€3k€457▼ 81.8%€658▲ 44.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024.
Key figures and ratios
EBITDA
€1k▼
2024 · €1k
Cash flow
€922▼
2024 · €1k
Interest coverage
3.26▼
2024 · 4.91
Debt
€7k▼
2024 · €9k
Debt ≤ 1 year
€7k▼
2024 · €9k
Ratios withheld: a balance sheet total of €4 is too small for a meaningful ratio.
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2k€4▼
Formation expenses20€264€0▼
Fixed assets21/28€291€0▼
Tangible fixed assets22/27€291€0▼
Furniture and vehicles24€291€0▼
Current assets29/58€1k€4▼
Amounts receivable within one year40/41€992€0▼
Trade receivables40€0-
Other amounts receivable41€992€0▼
Cash at bank and in hand54/58€178€4▼
Deferred charges and accrued income490/1€109€0▼
Equity and liabilities
Total equity and liabilities10/49€2k€4▼
Equity10/15€-7k€-7k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-8k€-8k▲
Amounts payable17/49€9k€7k▼
Amounts payable within one year42/48€9k€7k▼
Trade debts44€2k€13▼
Suppliers440/4€2k€13▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€7k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€625€264▼
Other operating charges640/8€119€201▲
Non-recurring operating charges66A€2k€291▼
Gross operating margin9900€3k€2k▼
Operating profit (loss)9901€733€1k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€277€408▲
Recurring financial charges65€277€408▲
Profit (loss) for the period before taxes9903€457€658▲
Profit (loss) for the period9904€457€658▲
Profit (loss) for the period to be appropriated9905€457€658▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-8k▲
Profit (loss) brought forward from the previous period14P€-9k€-8k▲
The notes to these accounts (6 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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 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.
Meensesteenweg(Kor) 123/A0218500 KortrijkGround area
2,247 m²
Building footprint
113 m²
Volume, LiDAR
632 m³
Parcel 34352A0039/00S000, Flanders · tallest building 12.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SPECTRI / MORPH
since 20202.309.307.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0039/00S000 | Flanders | 2,247 m² | 1 · 113 m² | 12.2 m · 1 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 and region
APRINTEX
BE 0890.058.043
Kortrijk
ASCONA
BE 0442.333.559
Kortrijk
BENEWEAVE
BE 0443.679.681
Kortrijk
D.T.O.
BE 0474.953.471
Kortrijk
DC Reflex
BE 0418.138.492
Kortrijk
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 687 companies in sector 46412 we hold annual accounts for 517. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46412Wholesale of household textiles and bedding
46190Agents in non-specialised wholesale trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.