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 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
88 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
INTERNATIONAL ART PARTICIPATION from Elsene, company number BE0465226153, closed financial year 2025 with a result of € 6,198 after tax. For that financial year INTERNATIONAL ART PARTICIPATION recorded a gross margin of € -5,103 and equity of € -2.3 million. Compared with financial year 2024, the result moved from € -3.1 million to € 6,198. Profitable, and profit is growing. 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 June 1, 2026.
€ -2.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,198
▲ still € 3.1 million loss in 2024
Profit after tax over the fiscal year.
€ 1 million
▲ € 789,235 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2.4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 605
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -76 | € -2,951 | € -20,193 | € -5,103 | ▲ € 15,089 |
| Profit after taxes | € -180,650 | € 33,902 | € -3,059,302 | € 6,198 | ▲ € 3.1 million |
| Equity | € 810,278 | € 761,314 | € -2,297,987 | € -2,291,788 | |
| Total debts | € 9,240,460 | € 9,343,123 | € 8,696,159 | € 8,682,738 | |
| Cash | € 432,286 | € 1,020,268 | € 246,756 | € 1,035,992 | ▲ € 789,235 |
| Retained profit | € 665,439 | € 699,341 | € -2,359,960 | € -2,353,761 | |
| Bank debt | € 6,510,000 | € 6,510,000 | € 6,510,000 | € 0 | ▼ 100% |
| Balance sheet total | € 10,050,738 | € 10,104,437 | € 6,398,172 | € 6,390,950 |
Key figures of INTERNATIONAL ART PARTICIPATION, 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 INTERNATIONAL ART PARTICIPATION?
What happened at INTERNATIONAL ART PARTICIPATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- INTERNATIONAL ART CONSULTING SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,198. Source: NBB ↗
- INTERNATIONAL ART CONSULTING SRL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 180,650 loss in 2022 to € 6,198 profit in 2025.
Paid € 103,562 in corporate taxes since 2022.
Best year ever: 2023, with € 33,902 profit.
A new publication or filing at INTERNATIONAL ART PARTICIPATION? 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 International Art Consulting comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INTERNATIONAL ART PARTICIPATIONThe shares are held by International Art Consulting (55%).
Directors
According to the 2025 annual accounts
INTERNATIONAL ART CONSULTING SRL
Director · represented by Alain Champredon
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 240 box 14
1050 Elsene
Molièrelaan 251
1050 Elsene
Active since 17 January 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 88 companies are registered at this address.
All companies at this address →Plan Immo
€ -5,127 gross margin · 2025
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€ 18,652 gross margin · 2025
Financiële Vennootschap Frédéric Jacobs-Financière Frédéric Jacobs
€ -23,234 gross margin · 2025
WALT LOUISE
€ 208,349 gross margin · 2024
+83 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.226.153
- VAT number
- BE 0465.226.153
- Registered office
- Louizalaan 240 bus 14, 1050 Elsene
- Names & denominations
- INTERNATIONAL ART PARTICIPATION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 1999
- Peppol
- Not registered