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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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 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
ARTEVELD from Kortrijk, company number BE0534433970, closed financial year 2025 with a result of € 36,116 after tax. For that financial year ARTEVELD recorded a gross margin of € 122,421 and equity of € 397,572. Compared with financial year 2024, the result moved from € 43,318 to € 36,116. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 397,572
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,116
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 6,471
▼ 24% 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 € 97,572.
Debts at end 2025
€ 551,431
▼ 12% vs 2024
€ 76,431 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 6,590
▲ € 5,502 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,769
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 | € 111,100 | € 117,797 | € 134,199 | € 122,421 | ▼ 9% |
| Profit after taxes | € 34,993 | € 36,620 | € 43,318 | € 36,116 | ▼ 17% |
| Equity | € 281,517 | € 318,137 | € 361,455 | € 397,572 | ▲ 10% |
| Total debts | € 840,988 | € 772,721 | € 701,415 | € 632,084 | ▼ 10% |
| Cash | € 264 | € 1,550 | € 8,519 | € 6,471 | ▼ 24% |
| Land & buildings | € 1,119,662 | € 1,081,464 | € 1,044,850 | € 1,008,553 | ▼ 3% |
| Retained profit | € -18,483 | € 18,137 | € 61,455 | € 97,572 | ▲ 59% |
| Bank debt | € 776,496 | € 702,169 | € 627,151 | € 551,431 | ▼ 12% |
| Balance sheet total | € 1,122,505 | € 1,090,858 | € 1,062,870 | € 1,029,656 | ▼ 3% |
Key figures of ARTEVELD, 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 ARTEVELD?
What happened at ARTEVELD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,116 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Philippe Vlerick became a director. NBB
- Jan De Four became a director. NBB
In short
From € 34,993 profit in 2022 to € 36,116 profit in 2025.
Paid € 32,286 in corporate taxes since 2022.
Best year ever: 2024, with € 43,318 profit.
A new publication or filing at ARTEVELD? 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 ARTEVELD are Philippe Vlerick and Jan De Four. Philippe Vlerick is also behind BESIX Group, LVD COMPANY, Cecan, POINT and BELGIAN INTERNATIONAL CARPET C°.
Directors
According to the 2025 annual accounts
Philippe Vlerick
Manager
Also active at: BESIX Group, LVD COMPANY, Cecan, POINT, BELGIAN INTERNATIONAL CARPET C°, VOBIS FINANCE, MIDELCO, LVD - INVEST +8 more
since 2013
Jan De Four
Manager
since 2013
Establishments
Establishment units
Physical locations of this company
Doorniksewijk(Kor) 49
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →B.M.H.
Belgo-Indian Chamber of Commerce and Industry
Cecan same network
€ -838,803 gross margin · 2025
VOBIS FINANCE same network
MIDELCO same network
€ 1.2 million revenue · 2025
+12 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
- 0534.433.970
- VAT number
- BE 0534.433.970
- Registered office
- Doorniksewijk(Kor) 49, 8500 Kortrijk
- Names & denominations
- ARTEVELD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2013
- Peppol
- Not registered