Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
L'Emulation Artistique from Gent, company number BE0400027505, closed financial year 2025 with a result of € 62,283 after tax. For that financial year L'Emulation Artistique recorded a gross margin of € 58,483 and equity of € 811,253. Compared with financial year 2024, the result moved from € 27,429 to € 62,283. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 28, 2026.
€ 811,253
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,283
▲ 127% vs 2024
Profit after tax over the fiscal year.
€ 51,312
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 210,111.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 68,345
▲ € 68,132 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,036 | € 72,202 | € 68,603 | € 58,483 | ▼ 15% |
| Profit after taxes | € 12,554 | € 27,377 | € 27,429 | € 62,283 | ▲ 127% |
| Equity | € 694,163 | € 721,540 | € 748,970 | € 811,253 | ▲ 8% |
| Total debts | € 109,767 | € 1,022 | € 1,810 | € 121,714 | ▲ € 119,904 |
| Cash | € 93,148 | € 52,600 | € 49,094 | € 51,312 | ▲ 5% |
| Land & buildings | € 486,448 | € 445,629 | € 421,361 | € 503,795 | ▲ 20% |
| Retained profit | € 93,021 | € 120,399 | € 147,828 | € 210,111 | ▲ 42% |
| Bank debt | € 100,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 803,930 | € 722,562 | € 750,780 | € 932,967 | ▲ 24% |
Key figures of L'Emulation Artistique, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 May 2027.
What happened to L'Emulation Artistique?
What happened at L'Emulation Artistique in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Helga HERCKENRATH stepped down as director. NBB
- Henri WAGEMANS stepped down as director. NBB
- Jean-Pierre KICKX stepped down as director. NBB
- Michel QUENON stepped down as director. NBB
- Bernard HEBBELYNCK stepped down as director. NBB
- François DE CLIPPELE stepped down as director. NBB
- Jean DELBECQUE stepped down as director. NBB
- Vincent CLAEYS BOUUAERT stepped down as director. NBB
In short
From € 12,554 profit in 2022 to € 62,283 profit in 2025.
Best year ever: 2025, with € 62,283 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by KONINKLIJKE KUNST- EN LETTERKUNDIGE KRING VZW (96.3%).
Directors
According to the 2025 annual accounts
Jean DELBECQUE
Director
since 2025 · until 2031
Charles LETEN
Director
since 2020 · until 2026
Helga HERCKENRATH
Managing director
since 2020 · until 2032
Henri WAGEMANS
Director
since 2020 · until 2032
Jean-Pierre KICKX
Director
since 2020 · until 2032
Michel QUENON
Director
since 2026 · until 2032
Vincent CLAEYS BOUUAERT
Director
since 2025 · until 2031
Marcel OOSTERLYNCK
Director
since 2020 · until 2025
since 2020 · until 2032
Guy VAN POTTELSBERGHE DE LA POTTERIE
Director
since 2025 · until 2031
since 2020 · until 2026
François DE CLIPPELE
Director
since 2020 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Recollettenlei 3
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.027.505
- VAT number
- BE 0400.027.505
- Registered office
- Recollettenlei 3, 9000 Gent
- Names & denominations
- L'Emulation Artistique
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 1912
- Peppol
- Active · Active since 30 Jan 2025