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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Gerechtelijke ontbinding of nietigheid according to the CBE.
Financials
Financial year 2022
ART - BUSINESS from Frameries, company number BE0544321339, closed financial year 2022 with a result of € -972 after tax. For that financial year ART - BUSINESS recorded revenue of € 37,465 and equity of € -7,620. Compared with financial year 2021, the result moved from € -3,411 to € -972. The company made a loss. 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 October 17, 2023.
€ -7,620
▼ € 972 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -972
▲ 71 % less loss than in 2021
Profit after tax over the fiscal year.
€ 163
▼ 86% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,220.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 5,818
▲ 196% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2020 | 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|---|
| Revenue | € 5,120 | € 43,864 | € 37,465 | ▼ 15% |
| Gross margin | € -6,859 | € -3,053 | € -630 | ▲ € 2,423 |
| Profit after taxes | € -7,564 | € -3,411 | € -972 | ▲ € 2,439 |
| Equity | € -3,237 | € -6,648 | € -7,620 | ▼ € 972 |
| Total debts | € 24,574 | € 30,286 | € 33,021 | ▲ 9% |
| Cash | € 72 | € 1,173 | € 163 | ▼ 86% |
| Retained profit | € -21,837 | € -25,248 | € -26,220 | ▼ € 972 |
| Balance sheet total | € 21,337 | € 23,638 | € 25,401 | ▲ 7% |
Key figures of ART - BUSINESS, fiscal years 2020 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 9 July 2024.
What happened to ART - BUSINESS?
What happened at ART - BUSINESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ART - BUSINESS is active according to the CBE. Legal situation: Gerechtelijke ontbinding of nietigheid.
- New annual accounts for financial year 2022: loss of € 972. filed late Source: NBB ↗
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,564 loss in 2020 to € 972 loss in 2022.
Establishments
Establishment units
Physical locations of this company
Rue des Alliés 60
7080 Frameries
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0544.321.339
- VAT number
- BE 0544.321.339
- Registered office
- Rue des Alliés 60, 7080 Frameries
- Names & denominations
- ART - BUSINESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Gerechtelijke ontbinding of nietigheid
- Start date
- 13 January 2014
- Peppol
- Not registered
- Activities · NACE
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