ARTIMPEX
ActiveSummary
ARTIMPEX has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €869k and a net result of €249k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 70% of 311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88=
Solvency80▲+24
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.24 in 2024; short-term debt: 44.6% and cash: 15.9% of total assets), and 45.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.7%
Return on assets
15.7%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
34 d early
2023
34 d early
2022
33 d early
2021
32 d early
2020
29 d early
2019
39 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€249k▼ 19.3%
2024 · €308k
2018: €188k
2019: €236k
2020: €361k
2021: €734k
2022: €310k
2023: €393k
2024: €308k
2018 → 2025
Working capital
€455k▲ 39.4%
2024 · €326k
2018: €784k
2019: €1.03M
2020: €1.32M
2021: €2.05M
2022: €2.44M
2023: €1.27M
2024: €326k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.06M-€2.36M▲ 14.4%€1.43M▼ 39.6%€625k▼ 56.2%€869k▲ 39.1%
Operating result€960k-€403k▼ 58.0%€494k▲ 22.4%€395k▼ 20.0%€299k▼ 24.2%
Net result€734k-€310k▼ 57.8%€393k▲ 26.7%€308k▼ 21.5%€249k▼ 19.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 24% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.59M
Fixed assets
€425k ▲ 36.6%
Current assets
€1.16M ▼ 31.2%
Equity and liabilities €1.59M
Equity
€869k ▲ 39.1%
Provisions
€9k ▼ 15.9%
Debt
€711k ▼ 48.0%
Debt's share of the balance-sheet total falls from 68.3% to 44.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€435k▼
2024 · €471k
Cash flow
€385k▲
2024 · €384k
Current ratio
1.64▲
2024 · 1.24
Quick ratio
0.69▼
2024 · 0.78
Debt to equity
0.82▼
2024 · 2.19
ROE
28.6%▼
2024 · 49.3%
ROA
15.7%▲
2024 · 15.4%
Interest coverage
41.07▲
2024 · 30.14
Debt ≤ 1 year
€709k▼
2024 · €1.36M
Income taxes
€48k▼
2024 · €84k
Staff costs
€381k▼
2024 · €460k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.00M€1.59M▼
Fixed assets21/28€311k€425k▲
Intangible fixed assets21€259k€296k▲
Tangible fixed assets22/27€53k€129k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€51k€126k▲
Current assets29/58€1.69M€1.16M▼
Stocks and contracts in progress3€627k€672k▲
Stocks30/36€627k€672k▲
Amounts receivable within one year40/41€437k€205k▼
Trade receivables40€427k€172k▼
Other amounts receivable41€10k€33k▲
Cash at bank and in hand54/58€612k€253k▼
Deferred charges and accrued income490/1€14k€33k▲
Equity and liabilities
Total equity and liabilities10/49€2.00M€1.59M▼
Equity10/15€625k€869k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€377k€6k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€370k€0▼
Profit (loss) carried forward14€187k€801k▲
Provisions and deferred taxes16€10k€9k▼
Provisions for liabilities and charges160/5€10k€9k▼
Environmental obligations163€10k€0▼
Other liabilities and charges164/5-€9k
Amounts payable17/49€1.37M€711k▼
Amounts payable within one year42/48€1.36M€709k▼
Trade debts44€144k€138k▼
Suppliers440/4€144k€138k▼
Taxes, remuneration and social security45€81k€33k▼
Taxes450/3€34k€6k▼
Remuneration and social security454/9€47k€27k▼
Other amounts payable47/48€1.14M€537k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€460k€381k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€136k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€8k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-9k€-2k▲
Other operating charges640/8€23k€23k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€942k€847k▼
Operating profit (loss)9901€395k€299k▼
Financial income75/76B€13k€8k▼
Recurring financial income75€13k€8k▼
Financial charges65/66B€16k€11k▼
Recurring financial charges65€16k€11k▼
Profit (loss) for the period before taxes9903€392k€297k▼
Income taxes67/77€84k€48k▼
Profit (loss) for the period9904€308k€249k▼
Transfer from tax-exempt reserves789€152k€370k▲
Profit (loss) for the period to be appropriated9905€460k€619k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.30M€806k▼
Profit (loss) brought forward from the previous period14P€836k€187k▼
Profit to be distributed694/7€1.11M€5k▼
Return on contributions (dividend)694€1.10M€0▼
Employees696€9k€5k▼
Social balance
Average headcount (FTE)90875.94.4▼
The notes to these accounts (18 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €734k ▲103%
Operating result €960k, net result €734k, both a record.
31-12
Financial
Equity above €2MEq €2.06M ▲53.8%
4 profitable years in a row build equity to €2.06M.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1MEq €1.34M ▲35.6%
3 profitable years in a row build equity to €1.34M.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Gent · 1 establishment unit since 1978
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.
Wijdebroeken 239051 GentGround area
4,000 m²
Building footprint
201 m²
Volume, LiDAR
1,275 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kleimoer 3, 9030 Gent
since 19782.014.887.265
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0032/00P000 | Flanders | 2,881 m² | 1 · 6 m² | - |
| 44062B0183/00B000 | Flanders | 1,119 m² | 1 · 195 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 18,445 EUR awarded · 15,070 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,262 EUR | 4,887 EUR |
| 2024 | 1 | 0 EUR | 1,275 EUR |
| 2023 | 1 | 5,400 EUR | 4,125 EUR |
| 2022 | 1 | 4,783 EUR | 4,783 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 346 companies in sector 28990 we hold annual accounts for 278. 189 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 formPublic limited company
Founded01-06-1978
Fiscal year end31-12
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
46649Wholesale of other machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.