Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 38.4 to 32.3.
Financials
Financial year 2025
ART - CASTING from Oudenaarde, company number BE0441456205, closed financial year 2025 with a result of € 32,378 after tax. For that financial year ART - CASTING recorded a gross margin of € 2.3 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 339,916 to € 32,378. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 1.5 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,378
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 416,634
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 95,397 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
32.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▼ 1% vs 2024
€ 65,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 158,365
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 252,436
▼ 8% vs 2024
€ 126,171 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 160,206
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 246,142
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,929,191 | € 2,921,370 | € 2,741,313 | € 2,316,865 | ▼ 15% |
| Profit after taxes | € 409,442 | € 286,796 | € 339,916 | € 32,378 | ▼ 90% |
| Equity | € 1,113,817 | € 1,266,842 | € 1,606,758 | € 1,543,739 | ▼ 4% |
| Total debts | € 2,183,612 | € 2,187,101 | € 1,397,304 | € 1,559,316 | ▲ 12% |
| Cash | € 1,725,319 | € 456,257 | € 615,208 | € 416,634 | ▼ 32% |
| Retained profit | € 1,087,655 | € 1,240,680 | € 1,580,596 | € 1,517,576 | ▼ 4% |
| Dividend | € 88,269 | € 133,771 | € 0 | € 95,397 | |
| Bank debt | € 372,255 | € 304,876 | € 275,293 | € 252,436 | ▼ 8% |
| Balance sheet total | € 3,297,429 | € 3,453,943 | € 3,004,061 | € 3,103,054 | ▲ 3% |
| Employees (FTE) | 39.3 | 38.4 | 33.6 | 32.3 | ▼ 1.3 |
Key figures of ART - CASTING, 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 ART - CASTING?
What happened at ART - CASTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,378 (▼ 90% vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 409,442 profit in 2022 to € 32,378 profit in 2025.
Paid € 454,759 in corporate taxes since 2022.
Best year ever: 2022, with € 409,442 profit.
On average € 71,700 of value added per employee in 2025.
Management
Behind ART - CASTING are GEERT NORGA and JOHAN NORGA.
Directors
According to the 2025 annual accounts
GEERT NORGA
Director
JOHAN NORGA
Director
Establishments
Establishment units
Physical locations of this company
Meersbloem-Leupegem 13
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0441.456.205
- VAT number
- BE 0441.456.205
- Registered office
- Meersbloem-Leupegem 13, 9700 Oudenaarde
- Names & denominations
- ART - CASTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1990
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- artcasting.be
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