Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTOBEL from Maaseik, company number BE0425141201, closed financial year 2025 with a result of € -9,762 after tax. For that financial year ARTOBEL recorded a gross margin of € 21,227 and equity of € 85,781. Compared with financial year 2024, the result moved from € -10,827 to € -9,762. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 85,781
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,762
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,753
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,181.
Debts at end 2025
€ 86,691
▼ 18% vs 2024
€ 22,349 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 323
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 345
▲ € 308 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,909 | € 20,443 | € 22,659 | € 21,227 | ▼ 6% |
| Profit after taxes | € -19,047 | € -14,066 | € -10,827 | € -9,762 | ▲ € 1,065 |
| Equity | € 120,435 | € 106,369 | € 95,543 | € 85,781 | ▼ 10% |
| Total debts | € 269,437 | € 253,909 | € 235,505 | € 222,901 | ▼ 5% |
| Cash | € 11,564 | € 8,461 | € 4,813 | € 3,753 | ▼ 22% |
| Land & buildings | € 237,795 | € 214,850 | € 192,682 | € 174,829 | ▼ 9% |
| Retained profit | € 70,835 | € 56,769 | € 45,943 | € 36,181 | ▼ 21% |
| Bank debt | € 142,857 | € 125,024 | € 106,316 | € 86,691 | ▼ 18% |
| Balance sheet total | € 389,872 | € 360,278 | € 331,048 | € 308,682 | ▼ 7% |
Key figures of ARTOBEL, 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 July 2027.
What happened to ARTOBEL?
What happened at ARTOBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,762. Source: NBB ↗
- New establishment in Maaseik. KBO
- Marleen Schreurs became a director. NBB
- Jacobus Pierre C Paes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,047 loss in 2022 to € 9,762 loss in 2025.
Paid € 2 in corporate taxes since 2022.
Management
Behind ARTOBEL are Marleen Schreurs and Jacobus Pierre C Paes. It owns 50% of DelPae itself.
Directors
According to the 2025 annual accounts
Marleen Schreurs
Director
since 1983
Jacobus Pierre C Paes
Director
since 1983
Establishments
Establishment units
Physical locations of this company
Schoolstraat 11
3680 Maaseik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.141.201
- VAT number
- BE 0425.141.201
- Registered office
- Schoolstraat 11, 3680 Maaseik
- Names & denominations
- ARTOBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1983
- Peppol
- Active · Active since 4 Jul 2026
- Activities · NACE
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