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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Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
ART - TEC from Sivry-Rance, company number BE0480252047, closed financial year 2024 with a result of € -663 after tax. For that financial year ART - TEC recorded revenue of € 231,623 and equity of € 191,698. Compared with financial year 2023, the result moved from € -822 to € -663. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2025.
€ 191,698
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -663
▲ 19 % less loss than in 2023
Profit after tax over the fiscal year.
€ 67,409
▼ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 179,298.
People and assets in 2024
€ 45,404
▼ 17% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,659
▼ 51% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 10,676
▼ 50% vs 2023
Loans from banks and other lenders, long and short.
€ 106,125
▲ € 96,325 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,917
▼ 70% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 229,675 | € 227,318 | € 149,317 | € 231,623 | ▲ 55% |
| Gross margin | € 59,525 | € 133,331 | € 76,729 | € 71,054 | ▼ 7% |
| Profit after taxes | € 49,456 | € 51,737 | € -822 | € -663 | ▲ € 158 |
| Equity | € 141,446 | € 193,183 | € 192,361 | € 191,698 | |
| Total debts | € 113,157 | € 62,306 | € 65,727 | € 151,101 | ▲ 130% |
| Cash | € 135,131 | € 106,832 | € 147,186 | € 67,409 | ▼ 54% |
| Retained profit | € 127,806 | € 180,783 | € 179,961 | € 179,298 | |
| Bank debt | € 41,684 | € 31,515 | € 21,180 | € 10,676 | ▼ 50% |
| Balance sheet total | € 254,603 | € 255,488 | € 258,088 | € 342,798 | ▲ 33% |
Key figures of ART - TEC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ART - TEC?
What happened at ART - TEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 663. filed late Source: NBB ↗
- New establishment in Sivry-Rance. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,456 profit in 2021 to € 663 loss in 2024.
Paid € 31,189 in corporate taxes since 2021.
Best year ever: 2022, with € 51,737 profit.
Establishments
Establishment units
Physical locations of this company
Rue du Centre 19
6470 Sivry-Rance
Rue du Centre 19 A
6470 Sivry-Rance
Active since 4 June 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.252.047
- VAT number
- BE 0480.252.047
- Registered office
- Rue du Centre 19, 6470 Sivry-Rance
- Names & denominations
- ART - TEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2003
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige persoonlijke diensten
Overige diensten , n.e.g.
Overige gespecialiseerde bouwwerkzaamheden