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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE ART PROJECT from Ukkel, company number BE0474116006, closed financial year 2025 with a result of € 2,739 after tax. For that financial year THE ART PROJECT recorded a gross margin of € 9,339 and equity of € -77,771. Compared with financial year 2024, the result moved from € -8,389 to € 2,739. 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 August 17, 2026.
€ -77,771
▲ € 2,739 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,739
▲ still € 8,389 loss in 2024
Profit after tax over the fiscal year.
€ 1,501
▲ € 1,498 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 € -83,969.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,357
▲ € 5,450 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.
€ 7,434
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 352
▼ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,846 | € -6,632 | € -5,184 | € 9,339 | ▲ € 14,523 |
| Profit after taxes | € 4,060 | € -8,856 | € -8,389 | € 2,739 | ▲ € 11,128 |
| Equity | € -63,266 | € -72,122 | € -80,511 | € -77,771 | ▲ € 2,739 |
| Total debts | € 69,896 | € 83,348 | € 90,888 | € 87,358 | ▼ 4% |
| Cash | € 3,632 | € 2,150 | € 3 | € 1,501 | ▲ € 1,498 |
| Retained profit | € -69,463 | € -78,319 | € -86,708 | € -83,969 | ▲ € 2,739 |
| Balance sheet total | € 6,630 | € 11,226 | € 10,377 | € 9,586 | ▼ 8% |
Key figures of THE ART PROJECT, 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 THE ART PROJECT?
What happened at THE ART PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,739. filed late Source: NBB ↗
- New establishment in Tervuren. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,060 profit in 2022 to € 2,739 profit in 2025.
Paid € 1,104 in corporate taxes since 2022.
Best year ever: 2022, with € 4,060 profit.
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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
Directors
According to the 2025 annual accounts
Arnaud PITZ
Director
Establishments
Establishment units
Physical locations of this company
Hagedoornlaan 92A
1180 Ukkel
Zuerbergstraat 25
3080 Tervuren
Active since 17 May 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.116.006
- VAT number
- BE 0474.116.006
- Registered office
- Hagedoornlaan 92A, 1180 Ukkel
- Names & denominations
- THE ART PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2001
- Peppol
- Active · Active since 21 Mar 2025
- Activities · NACE
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