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 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ART NIVO from Gent, company number BE0463778081, closed financial year 2023 with a result of € -1 million after tax. For that financial year ART NIVO recorded a gross margin of € -606,209 and equity of € -875,012. Compared with financial year 2022, the result moved from € -328,070 to € -1 million. 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 19, 2024.
€ -875,012
▼ € 640,722 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▼ 217 % more loss than in 2022
Profit after tax over the fiscal year.
€ 182,496
▲ € 153,257 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2023
4.4
▲ 0.4 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 293,923
▼ 7% vs 2022
€ 66,800 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.
€ 32,830
▼ 13% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 916,445
▼ 15% vs 2022
€ 750,169 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 453,351
▼ 25% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 91,319
▲ 10% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 97,905 | € 110,289 | € -606,209 | ▼ € 716,499 |
| Profit after taxes | € -241,325 | € -328,070 | € -1,040,722 | ▼ € 712,652 |
| Equity | € 93,780 | € -234,290 | € -875,012 | ▼ € 640,722 |
| Total debts | € 1,827,242 | € 1,776,676 | € 2,075,023 | ▲ 17% |
| Cash | € 72,074 | € 29,239 | € 182,496 | ▲ € 153,257 |
| Retained profit | € -31,220 | € -359,290 | € -1,400,012 | ▼ € 1 million |
| Bank debt | € 1,155,963 | € 1,080,086 | € 916,445 | ▼ 15% |
| Balance sheet total | € 1,921,022 | € 1,542,386 | € 1,200,011 | ▼ 22% |
| Employees (FTE) | 4 | 4 | 4.4 | ▲ 0.4 |
Key figures of ART NIVO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ART NIVO?
What happened at ART NIVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ART NIVO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 1 million. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 241,325 loss in 2021 to € 1 million loss in 2023.
Paid € 3,344 in corporate taxes since 2021.
On average € 27,600 of value added per employee in 2022.
A new publication or filing at ART NIVO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MASTERVIEW comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ART NIVOBehind ART NIVO are Murielle Van Bignoot and Creatrends NV. The shares are held by MASTERVIEW (95%).
Directors
According to the 2023 annual accounts
Director · represented by Marcel Eeckhout
Shareholders
95%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Onderbergen 78 box A
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.778.081
- VAT number
- BE 0463.778.081
- Registered office
- Onderbergen 78 bus A, 9000 Gent
- Names & denominations
- ART NIVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 8 July 1998
- Peppol
- Not registered
- Activities · NACE
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