Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
54 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
ART COLLECTION from Waterloo, company number BE0454596438, closed financial year 2024 with a result of € 41,403 after tax. For that financial year ART COLLECTION recorded a gross margin of € 179,980 and equity of € 1.7 million. Compared with financial year 2023, the result moved from € 181,735 to € 41,403. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 1.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,403
▼ 77% vs 2023
Profit after tax over the fiscal year.
€ 15,462
▲ 4% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
97 % of the profit went to the shareholders, mostly to GVA Advisory (100 % of the shares). That is where the money ends up.
People and assets in 2024
€ 6,810
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,829
▼ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 419,519
Loans from banks and other lenders, long and short.
€ 848,517
▼ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,788
▼ 53% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 214,133 | € 308,101 | € 257,659 | € 179,980 | ▼ 30% |
| Profit after taxes | € 152,221 | € 274,001 | € 181,735 | € 41,403 | ▼ 77% |
| Equity | € 1,611,661 | € 1,655,662 | € 1,697,397 | € 1,698,800 | |
| Total debts | € 746,918 | € 2,211,611 | € 3,030,527 | € 3,044,875 | |
| Cash | € 12,674 | € 40,003 | € 14,882 | € 15,462 | ▲ 4% |
| Retained profit | € 1,593,061 | € 1,637,062 | € 1,678,797 | € 1,680,200 | |
| Dividend | € 75,000 | € 230,000 | € 140,000 | € 40,000 | ▼ 71% |
| Bank debt | € 0 | € 0 | € 0 | € 419,519 | |
| Balance sheet total | € 2,358,579 | € 3,867,273 | € 4,727,924 | € 4,743,675 |
Key figures of ART COLLECTION, 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 ART COLLECTION?
What happened at ART COLLECTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 41,403 (▼ 77% vs 2023). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- GVA Advisory became a director. NBB
- New establishment in Knokke-Heist. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 152,221 profit in 2021 to € 41,403 profit in 2024.
Paid € 72,526 in corporate taxes since 2021.
Best year ever: 2022, with € 274,001 profit.
Paid out € 485,000 in dividends to the owners in total.
Management
The stake of GVA Advisory comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ART COLLECTIONBehind ART COLLECTION is GVA Advisory. The shares are held by GVA Advisory (100%).
Directors
According to the 2024 annual accounts
Director · represented by Quentin Grosjean
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 102 box b
1410 Waterloo
Zeedijk-Knokke 720
8300 Knokke-Heist
Active since 19 October 2001
Eendrachtstraat 34
1050 Elsene
Active since 27 April 1995
Sint-Jorisstraat 13
1050 Elsene
Active since 1 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 54 companies are registered at this address.
All companies at this address →INTERDECOR
€ 387,021 gross margin · 2025
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€ -7,123 gross margin · 2025
Manutimo
€ 134,317 gross margin · 2025
LAMSHOFJE
€ 12,974 gross margin · 2025
SHENKIRA
€ 100,323 gross margin · 2025
+49 more
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
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0454.596.438
- VAT number
- BE 0454.596.438
- Registered office
- Chaussée de Bruxelles 102 bus b, 1410 Waterloo
- Names & denominations
- ART COLLECTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 1995
- Peppol
- Active · Active since 15 Jul 2025
- Contact
- glacage.be
- Activities · NACE
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