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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KUNSTATELIER MARIETTE TEUGELS from Mechelen, company number BE0445371837, closed financial year 2025 with a result of € -15,912 after tax. For that financial year KUNSTATELIER MARIETTE TEUGELS recorded a gross margin of € -13,100 and equity of € -64,447. Compared with financial year 2024, the result moved from € 36,665 to € -15,912. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 21, 2026.
€ -64,447
▼ € 23,388 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,912
▼ still € 36,665 profit in 2024
Profit after tax over the fiscal year.
€ 61,843
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -413,095.
Debts at end 2025
€ 213,215
Loans from banks and other lenders, long and short.
€ 173
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,448 | € 20,017 | € 51,628 | € -13,100 | ▼ € 64,729 |
| Profit after taxes | € 18,665 | € 21,672 | € 36,665 | € -15,912 | ▼ € 52,576 |
| Equity | € -84,445 | € -70,249 | € -41,060 | € -64,447 | ▼ € 23,388 |
| Total debts | € 656,970 | € 621,815 | € 621,510 | € 619,653 | |
| Cash | € 103,150 | € 82,275 | € 99,558 | € 61,843 | ▼ 38% |
| Land & buildings | € 82,899 | € 82,899 | € 82,899 | € 82,899 | |
| Retained profit | € -455,520 | € -433,848 | € -397,184 | € -413,095 | ▼ € 15,912 |
| Bank debt | € 0 | € 0 | € 0 | € 213,215 | |
| Balance sheet total | € 572,526 | € 551,567 | € 580,450 | € 555,206 | ▼ 4% |
Key figures of KUNSTATELIER MARIETTE TEUGELS, 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 KUNSTATELIER MARIETTE TEUGELS?
What happened at KUNSTATELIER MARIETTE TEUGELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,912 (▼ € 52,576 vs 2024). Source: NBB ↗
- Herman SMET became a director. NBB
- Hans Smet became a director. NBB
- Mariette TEUGELS became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,665 profit in 2022 to € 15,912 loss in 2025.
Paid € 160 in corporate taxes since 2022.
Best year ever: 2024, with € 36,665 profit.
Management
Behind KUNSTATELIER MARIETTE TEUGELS are Herman SMET, Hans Smet and Mariette TEUGELS.
Directors
According to the 2025 annual accounts
Herman SMET
Director
since 2023
Hans Smet
Director
since 2023
Mariette TEUGELS
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Minderbroedersgang 12 box 1
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.371.837
- VAT number
- BE 0445.371.837
- Registered office
- Minderbroedersgang 12 bus 1, 2800 Mechelen
- Names & denominations
- KUNSTATELIER MARIETTE TEUGELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 1991
- Peppol
- Active · Active since 22 Nov 2025
- Activities · NACE
Organisatie van congressen en beurzen
Organisatie van salons, tentoonstellingen en beurzen