Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTHO from Lasne, company number BE0446857422, closed financial year 2025 with a result of € -48,601 after tax. For that financial year ARTHO recorded a gross margin of € -21,171 and equity of € -7,417. Compared with financial year 2024, the result moved from € -22,407 to € -48,601. 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 28, 2026.
€ -7,417
▼ € 48,601 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,601
▼ 117 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,185
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,009.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7
▼ 77% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 1,361
▲ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -13,552 | € 4,399 | € 4,935 | € -21,171 | ▼ € 26,106 |
| Profit after taxes | € -15,299 | € -22,941 | € -22,407 | € -48,601 | ▼ € 26,194 |
| Equity | € 86,532 | € 63,591 | € 41,184 | € -7,417 | ▼ € 48,601 |
| Total debts | € 191,770 | € 198,418 | € 200,952 | € 197,438 | ▼ 2% |
| Cash | € 6,054 | € 17,398 | € 41,417 | € 4,185 | ▼ 90% |
| Retained profit | € 67,940 | € 44,999 | € 22,592 | € -26,009 | ▼ € 48,601 |
| Balance sheet total | € 278,302 | € 262,009 | € 242,136 | € 190,021 | ▼ 22% |
Key figures of ARTHO, 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 ARTHO?
What happened at ARTHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,601. Source: NBB ↗
- New establishment in Lasne. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,299 loss in 2022 to € 48,601 loss in 2025.
Paid € 314 in corporate taxes since 2022.
Management
Behind ARTHO is MARC LEFEBVRE.
Directors
According to the 2025 annual accounts
MARC LEFEBVRE
Director
Establishments
Establishment units
Physical locations of this company
Chemin du Bois Magonette 25
1380 Lasne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0446.857.422
- VAT number
- BE 0446.857.422
- Registered office
- Chemin du Bois Magonette 25, 1380 Lasne
- Names & denominations
- ARTHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 1992
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Vervaardiging van verlichtingsapparaten
Detailhandel in verlichtingsartikelen
Detailhandel in artikelen voor verlichting en woninginrichting
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels