DES ARTS
ActiveDES ARTS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €39k. Equity is shrinking by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 3619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+5
Solvency70▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.37 in 2024; short-term debt: 33.3% and cash: 29.7% of total assets), but 55.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
44.6%
Return on assets
12.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
22 d early
2022
on the day
2021
24 d early
2020
3 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€142k▲ 5.1%
2024 · €135k
2019: €345k
2020: €328k
2021: €286k
2022: €303k
2023: €183k
2024: €135k
2019 → 2025
Total assets
€318k▼ 1.9%
2024 · €324k
2019: €430k
2020: €398k
2021: €357k
2022: €449k
2023: €357k
2024: €324k
2019 → 2025
Net result
€39k
2024 · €-6k
2019: €21k
2020: €-17k
2021: €32k
2022: €18k
2023: €-98k
2024: €-6k
2019 → 2025
Working capital
€58k▲ 2.2%
2024 · €57k
2019: €270k
2020: €208k
2021: €132k
2022: €202k
2023: €96k
2024: €57k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€286k-€303k▲ 5.9%€183k▼ 39.5%€135k▼ 26.5%€142k▲ 5.1%
Operating result€34k-€19k▼ 43.4%€-106k€-2k▲ 97.7%€35k
Net result€32k-€18k▼ 45.1%€-98k€-6k▲ 94.2%€39k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €35k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €318k
Fixed assets
€154k▲ 36.0%
Current assets
€164k▼ 22.3%
Equity and liabilities €318k
Equity
€142k▲ 5.1%
Debt
€176k▼ 6.9%
The debt ratio falls from 58.4% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63k▲
2024 · €22k
Cash flow
€68k▲
2024 · €18k
Solvency
44.6%▲
2024 · 41.6%
Current ratio
1.55▲
2024 · 1.37
Quick ratio
1.38▲
2024 · 1.27
Debt / equity
1.24▼
2024 · 1.40
ROE
27.7%▲
2024 · -4.2%
ROA
12.4%▲
2024 · -1.8%
Interest coverage
-114.67▼
2024 · 5.63
Debt
€176k▼
2024 · €189k
Debt ≤ 1 year
€106k▼
2024 · €154k
Debt > 1 year
€70k▲
2024 · €35k
Staff costs
€308k▼
2024 · €432k
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€324k€318k▼
Fixed assets21/28€113k€154k▲
Intangible fixed assets21-€6k
Tangible fixed assets22/27€94k€129k▲
Land and buildings22€86k€122k▲
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€3k€5k▲
Financial fixed assets28€20k€19k▼
Current assets29/58€211k€164k▼
Stocks and contracts in progress3€15k€18k▲
Stocks30/36€15k€18k▲
Amounts receivable within one year40/41€59k€46k▼
Trade receivables40€19k€2k▼
Other amounts receivable41€40k€44k▲
Current investments50/53€189€0▼
Cash at bank and in hand54/58€131k€94k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€324k€318k▼
Equity10/15€135k€142k▲
Contributions10/11€53k€53k=
Reserves13€185k€153k▼
Distributable reserves133€185k€153k▼
Profit (loss) carried forward14€-104k€-65k▲
Amounts payable17/49€189k€176k▼
Amounts payable after more than one year17€35k€70k▲
Financial debts170/4€35k€70k▲
Amounts payable within one year42/48€154k€106k▼
Financial debts43€18€18=
Credit institutions430/8€18€18=
Trade debts44€22k€23k▲
Suppliers440/4€22k€23k▲
Taxes, remuneration and social security45€64k€50k▼
Taxes450/3€32k€23k▼
Remuneration and social security454/9€33k€27k▼
Other amounts payable47/48€67k€33k▼
Income statement
Code20242025
Remuneration, social security and pensions62€432k€308k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€28k▲
Other operating charges640/8€3k€13k▲
Non-recurring operating charges66A€15k€2k▼
Gross operating margin9900€471k€385k▼
Operating profit (loss)9901€-2k€35k▲
Financial income75/76B€581€4k▲
Recurring financial income75€581€4k▲
Financial charges65/66B€4k€-553▼
Recurring financial charges65€4k€-553▼
Profit (loss) for the period before taxes9903€-6k€39k▲
Profit (loss) for the period9904€-6k€39k▲
Profit (loss) for the period to be appropriated9905€-6k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-65k▲
Profit (loss) brought forward from the previous period14P€-98k€-104k▼
Transfer from equity791/2€43k€32k▼
Profit to be distributed694/7€43k€32k▼
Return on contributions (dividend)694€43k€32k▼
Social balance
Average headcount (FTE)908711.610.4▼
The notes to these accounts (21 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €39k
Net result €39k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-98k ▼654%
Net result drops to €-98k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
13-12
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
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, Gent · 1 establishment unit since 1999
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.
Schouwburgstraat 129000 GentGround area
102 m²
Building footprint
187 m²
Volume, LiDAR
2,008 m³
Parcel 44803C0908/00E000, Flanders · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DES ARTS
since 19992.091.530.133
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0908/00E000 | Flanders | 102 m² | 1 · 187 m² | 17.0 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.091.530.133
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CHAUFFAGE FULL SANITAIRE
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Bones
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ACHAMAU
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VOLDAAN
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ILYS
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Grimbergen · Eq €141k
Of 20,499 companies in sector 56111 we hold annual accounts for 11,450. 9,129 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-1999
Fiscal year end30-06
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.