Financials
Financial year 2025
ARTICLE XXIII from Liège, company number BE0479622537, closed financial year 2025 with a result of € 17,295 after tax. For that financial year ARTICLE XXIII recorded revenue of € 338,750 and equity of € 72,754. Compared with financial year 2024, the result moved from € -80,443 to € 17,295. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 72,754
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,295
▲ still € 80,443 loss in 2024
Profit after tax over the fiscal year.
€ 69,461
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
30.9
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 16% vs 2024
€ 62,000 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.
€ 4,704
▲ 50% 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.
€ 25,793
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 360,624
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 194,230 | € 212,583 | € 268,902 | € 338,750 | ▲ 26% |
| Gross margin | € 1,488,056 | € 1,594,254 | € 1,601,249 | € 1,969,328 | ▲ 23% |
| Profit after taxes | € -45,883 | € 29,697 | € -80,443 | € 17,295 | ▲ € 97,737 |
| Equity | € 107,992 | € 135,902 | € 55,459 | € 72,754 | ▲ 31% |
| Total debts | € 792,417 | € 683,793 | € 936,113 | € 924,175 | ▼ 1% |
| Cash | € 63,141 | € 93,427 | € 61,124 | € 69,461 | ▲ 14% |
| Retained profit | € 106,205 | € 135,902 | € 55,459 | € 72,754 | ▲ 31% |
| Balance sheet total | € 900,410 | € 819,695 | € 991,572 | € 996,929 | ▲ 1% |
| Employees (FTE) | 28 | 26.4 | 30.2 | 30.9 | ▲ 0.7 |
Key figures of ARTICLE XXIII, 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 ARTICLE XXIII?
What happened at ARTICLE XXIII in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,295. Source: NBB ↗
- New establishment in Liège. KBO
- Geneviève Mohamed became a director. NBB
- Charles DELVAUX became a director. NBB
- Serge SMAL became a director. NBB
- New establishment in Liège. KBO
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,883 loss in 2022 to € 17,295 profit in 2025.
Best year ever: 2023, with € 29,697 profit.
On average € 63,700 of value added per employee in 2025.
A new publication or filing at ARTICLE XXIII? 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
Behind ARTICLE XXIII are Geneviève Mohamed, Charles DELVAUX and Serge SMAL. Geneviève Mohamed is also behind INTERCOMMUNALE DE SOINS SPECIALISES DE LIEGE and LA REGIE DES QUARTIERS DE LIEGE.
Directors
According to the 2025 annual accounts
Geneviève Mohamed
Director
Also active at: INTERCOMMUNALE DE SOINS SPECIALISES DE LIEGE, LA REGIE DES QUARTIERS DE LIEGE
since 2021
Charles DELVAUX
Director
since 2021
Serge SMAL
Chairman of the board
since 2021
Establishments
Establishment units
Physical locations of this company
Chaussée des Prés 44
4020 Liège
Chaussée des Prés 1
4020 Liège
Active since 11 March 2003
Place Emile-Dupont 1
4000 Liège
Active since 1 January 2019
Rue Joseph-Vrindts 11-13-15
4020 Liège
Active since 1 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Microsoft 365
Hosting
CELESTE-AS CELESTE - Internet services provider, FR
Domain
Domain
article23.eu
Registrar
Nuxit
Website info
Features
Security
Network
Details
- Company number
- 0479.622.537
- VAT number
- BE 0479.622.537
- Registered office
- Chaussée des Prés 44, 4020 Liège
- Names & denominations
- ARTICLE XXIII
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 13 December 2002
- Peppol
- Active · Active since 26 Aug 2025
- Contact
- article23.eu
- Activities · NACE
Andere vormen van maatschappelijke dienstverlening zonder huisvesting, neg
Overige maatschappelijke dienstverlening zonder huisvesting, n.e.g.
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Algemene bouw van residentiële gebouwen
Vervaardiging van bovenkleding
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