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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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 114.4 to 100.6.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
ARTOOS from Kampenhout, company number BE0454157562, closed financial year 2024 with a result of € -315,345 after tax. For that financial year ARTOOS recorded revenue of € 21.4 million and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 1 million to € -315,345. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 1.2 million
▼ 21% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -315,345
▼ still € 1 million profit in 2023
Profit after tax over the fiscal year.
€ 385,278
▼ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 763,420.
People and assets in 2024
100.6
▼ 4.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 6.8 million
▼ 2% vs 2023
€ 67,900 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.
€ 70,352
▲ 3% vs 2023
Of which on lease € 57,759.
Debts at end 2024
€ 4.3 million
▼ 15% vs 2023
€ 539,567 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.9 million
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 1.2 million
▼ 33% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 24,881,997 | € 23,128,878 | € 23,449,899 | € 21,405,602 | ▼ 9% |
| Profit after taxes | € -502,378 | € 242,772 | € 1,012,249 | € -315,345 | ▼ € 1.3 million |
| Equity | € 239,744 | € 482,516 | € 1,494,765 | € 1,179,420 | ▼ 21% |
| Total debts | € 10,626,291 | € 11,293,743 | € 11,189,394 | € 8,704,996 | ▼ 22% |
| Cash | € 1,578,833 | € 1,592,423 | € 1,051,505 | € 385,278 | ▼ 63% |
| Land & buildings | € 23,690 | € 17,561 | € 11,783 | € 6,252 | ▼ 47% |
| Retained profit | € -176,256 | € 66,516 | € 1,078,765 | € 763,420 | ▼ 29% |
| Bank debt | € 5,712,318 | € 5,589,574 | € 5,037,627 | € 4,292,850 | ▼ 15% |
| Balance sheet total | € 10,870,360 | € 11,778,729 | € 12,684,158 | € 9,884,415 | ▼ 22% |
| Employees (FTE) | 118.3 | 114.4 | 105.1 | 100.6 | ▼ 4.5 |
Key figures of ARTOOS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ARTOOS?
What happened at ARTOOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ARTOOS is active according to the CBE. Legal situation: Opening faillissement.
- Tom FEYAERTS stepped down as director. NBB
- Leen ARTOOS stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 315,345 (▼ € 1.3 million vs 2023). filed late Source: NBB ↗
- Tom FEYAERTS became a director. NBB
- Leen ARTOOS became a director. NBB
- New establishment in Kampenhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 502,378 loss in 2021 to € 315,345 loss in 2024.
Paid € 34,108 in corporate taxes since 2021.
Best year ever: 2023, with € 1 million profit.
Pays suppliers within 68 days on average.
Management
The stake of Artoos Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARTOOSThe shares are held by Artoos Group (100%). It owns 99.8% of IPM Printing itself.
Directors
According to the 2024 annual accounts
Tom FEYAERTS
Managing director
Also active at: IPM Printing, GARAGE FEYAERTS, Anjo-Invest, Artoos Group, Feyaerts Renting, Zandberg, TFH, Covetafuma +2 more
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
99.8%
Establishments
Establishment units
Physical locations of this company
Oudestraat 19
1910 Kampenhout
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.
Details
- Company number
- 0454.157.562
- VAT number
- BE 0454.157.562
- Registered office
- Oudestraat 19, 1910 Kampenhout
- Names & denominations
- ARTOOS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 19 December 1994
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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