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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTWHERE from Chastre, company number BE0477937410, closed financial year 2025 with a result of € 11,110 after tax. For that financial year ARTWHERE recorded a gross margin of € 187,341 and equity of € -263,036. Compared with financial year 2024, the result moved from € -43,869 to € 11,110. 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 12, 2026.
€ -263,036
▲ € 11,110 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,110
▲ still € 43,869 loss in 2024
Profit after tax over the fiscal year.
€ 44
▲ 225% 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 € -325,036.
People and assets in 2025
€ 142,085
▼ 21% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 159,592
▲ 8% vs 2024
Loans from banks and other lenders, long and short.
€ 48,744
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,145
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 248,351 | € 226,712 | € 181,383 | € 187,341 | ▲ 3% |
| Profit after taxes | € -18,008 | € -44,309 | € -43,869 | € 11,110 | ▲ € 54,979 |
| Equity | € -185,969 | € -230,277 | € -274,146 | € -263,036 | ▲ € 11,110 |
| Total debts | € 335,103 | € 327,096 | € 331,630 | € 329,991 | |
| Cash | € 3,139 | € 75 | € 14 | € 44 | ▲ 225% |
| Retained profit | € -247,969 | € -292,277 | € -336,146 | € -325,036 | ▲ € 11,110 |
| Bank debt | € 165,661 | € 164,474 | € 147,278 | € 159,592 | ▲ 8% |
| Balance sheet total | € 149,134 | € 96,819 | € 57,484 | € 66,955 | ▲ 16% |
Key figures of ARTWHERE, 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 ARTWHERE?
What happened at ARTWHERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,110. filed late Source: NBB ↗
- New establishment in Chastre. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,008 loss in 2022 to € 11,110 profit in 2025.
Paid € 471 in corporate taxes since 2022.
Best year ever: 2025, with € 11,110 profit.
Management
Behind ARTWHERE are Michel Nudel and Emmanuel Nudel.
Directors
According to the 2025 annual accounts
Michel Nudel
Director
Emmanuel Nudel
Director
Establishments
Establishment units
Physical locations of this company
Rue de l'Eglise 23 box 101
1450 Chastre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Outlook.com (free)
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0477.937.410
- VAT number
- BE 0477.937.410
- Registered office
- Rue de l'Eglise 23 bus 101, 1450 Chastre
- Names & denominations
- ARTWHERE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2002
- Peppol
- Active · Active since 29 Oct 2025
- Contact
- artwhere.be
- Activities · NACE
Computeradviesbureaus
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Ontwerpen van computerprogramma’s
Overige advisering in verband met programmatuur en levering van programmatuur
Gegevensverwerking
Gegevensverwerking, webhosting en aanverwante activiteiten
+1