LARRY ART
ActiveLARRY ART has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243k and a net result of €15k. Equity is growing by ~40.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+5
Solvency46▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.28 in 2024; short-term debt: 79.5% and cash: 12.2% of total assets), and 79.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
20.5%
Return on assets
1.3%
Age of the figures
9 mo
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
30 d late
2022
91 d late
2021
78 d late
2020
37 d early
2019
39 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€84k
EBIT margin
-45.9%
Net result
€15k
2024 · €-34k
2018: €-39k
2019: €-18k
2020: €14k
2021: €49k
2022: €133k
2023: €36k
2024: €-34k
2018 → 2025
Working capital
€-598k▲ 9.4%
2024 · €-660k
2018: €-84k
2019: €-127k
2020: €-89k
2021: €-97k
2022: €-118k
2023: €-644k
2024: €-660k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€227k▲ 142%€263k▲ 15.8%€228k▼ 13.0%€243k▲ 6.6%
Operating result€50k-€172k▲ 243%€40k▼ 77.0%€-34k€16k
Net result€49k-€133k▲ 171%€36k▼ 73.1%€-34k€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€841k▼ 5.3%
Current assets
€345k▲ 34.3%
Equity and liabilities €1.19M
Equity
€243k▲ 6.6%
Debt
€943k▲ 2.8%
The debt ratio falls from 80.1% to 79.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€104k▲
2024 · €57k
Cash flow
€103k▲
2024 · €56k
Solvency
20.5%▲
2024 · 19.9%
Current ratio
0.37▲
2024 · 0.28
Quick ratio
0.23▲
2024 · 0.14
Debt / equity
3.87▼
2024 · 4.01
ROE
6.2%▲
2024 · -15.0%
ROA
1.3%▲
2024 · -3.0%
Interest coverage
255.08▼
2024 · 657.70
Debt
€943k▲
2024 · €917k
Debt ≤ 1 year
€943k▲
2024 · €917k
Income taxes
€199▲
2024 · €192
Staff costs
€45k
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€1.15M€1.19M▲
Fixed assets21/28€889k€841k▼
Tangible fixed assets22/27€889k€841k▼
Land and buildings22€791k€747k▼
Plant, machinery and equipment23€21k€9k▼
Furniture and vehicles24€77k€86k▲
Current assets29/58€257k€345k▲
Stocks and contracts in progress3€133k€127k▼
Stocks30/36€133k€127k▼
Amounts receivable within one year40/41€52k€72k▲
Trade receivables40€46k€72k▲
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€72k€145k▲
Deferred charges and accrued income490/1€209€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.19M▲
Equity10/15€228k€243k▲
Contributions10/11€70k€70k=
Reserves13€176k€176k=
Distributable reserves133€176k€176k=
Profit (loss) carried forward14€-17k€-3k▲
Amounts payable17/49€917k€943k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€917k€943k▲
Current portion of amounts payable after more than one year42€493€0▼
Trade debts44€9k€21k▲
Suppliers440/4€9k€21k▲
Taxes, remuneration and social security45€9k€23k▲
Taxes450/3€9k€15k▲
Remuneration and social security454/9-€9k
Other amounts payable47/48€899k€899k=
Income statement
Code20242025
Remuneration, social security and pensions62-€45k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€88k▼
Other operating charges640/8€9k€17k▲
Gross operating margin9900€66k€166k▲
Operating profit (loss)9901€-34k€16k▲
Financial income75/76B€0€58▲
Recurring financial income75€0€58▲
Financial charges65/66B€86€407▲
Recurring financial charges65€86€407▲
Profit (loss) for the period before taxes9903€-34k€15k▲
Income taxes67/77€192€199▲
Profit (loss) for the period9904€-34k€15k▲
Profit (loss) for the period to be appropriated9905€-34k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-3k▲
Profit (loss) brought forward from the previous period14P€17k€-17k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (8 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
Back to profitnet €15k
Net result €15k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Highest result since 2018net €133k ▲171%
Operating result €172k, net result €133k, both a record.
31-12
Financial
Equity above €200kEq €227k ▲142%
3 profitable years in a row build equity to €227k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Spa · 1 establishment unit since 2005
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.
Promenade d'Orléans 104900 SpaGround area
1,701 m²
Building footprint
926 m²
Volume, LiDAR
13,179 m³
2 parcels, Wallonia · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LARRYART
since 20052.145.969.107
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072H0491/00B000 | Wallonia | 973 m² | 1 · 174 m² | 9.2 m · 2 fl. |
| 63572B0043/00F002 | Wallonia | 728 m² | 1 · 753 m² | 18.8 m · 5 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.
Similar companies · same sector, comparable size
Joossens
BE 0403.601.360
Vilvoorde · Eq €243k
DEMBUS
BE 0541.859.519
Floreffe · Eq €244k
QUALITY COLOR
BE 0897.158.344
Brussel · Eq €244k
GARAGE ROSA & FILS
BE 0864.301.474
Seraing · Eq €243k
GARAGE-CAR-ROSSERIE WESTEINDE
BE 0473.090.873
Maldegem · Eq €243k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,711 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2005
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95315Tyre services
25530Machining of metals
43120Site preparation
43320Joinery installation
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:larry@larryart.be