Financials
Financial year 2025
Artem Illuminare from Keerbergen, company number BE0555678851, closed financial year 2025 with a result of € 634,187 after tax. For that financial year Artem Illuminare recorded a gross margin of € 1.6 million and equity of € 528,917. Compared with financial year 2024, the result moved from € -762,592 to € 634,187. 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 July 23, 2026.
€ 528,917
▲ € 634,187 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 634,187
▲ still € 762,592 loss in 2024
Profit after tax over the fiscal year.
€ 2 million
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4.6 million.
People and assets in 2025
€ 2,252
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.4 million
▼ 64% vs 2024
€ 46,556 is repaid this year. At this pace the long-term loan is gone in ≈ 73 years.
€ 376,114
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.5 million
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 | € 2,173 | € 228,758 | € 620,597 | € 1,593,426 | ▲ 157% |
| Profit after taxes | € -528,027 | € -497,205 | € -762,592 | € 634,187 | ▲ € 1.4 million |
| Equity | € 1,154,527 | € 657,322 | € -105,271 | € 528,917 | ▲ € 634,187 |
| Total debts | € 10,541,434 | € 12,511,032 | € 11,238,478 | € 6,051,079 | ▼ 46% |
| Cash | € 31,771 | - | - | € 2,032,670 | |
| Land & buildings | € 1,986,364 | € 10,021,021 | € 9,791,353 | € 3,673,994 | ▼ 62% |
| Retained profit | € -3,981,254 | € -4,478,459 | € -5,241,052 | € -4,606,864 | ▲ € 634,187 |
| Bank debt | € 9,606,987 | € 9,684,371 | € 9,469,668 | € 3,421,482 | ▼ 64% |
| Balance sheet total | € 11,695,961 | € 13,168,353 | € 11,133,207 | € 6,579,996 | ▼ 41% |
Key figures of Artem Illuminare, 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 Artem Illuminare?
What happened at Artem Illuminare in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 634,187. Source: NBB ↗
- New establishment in Keerbergen. KBO
- Start of the company according to the CBE. KBO
- Karin ABRAHAMS became a director. NBB
- Marc NOËL became a director. NBB
In short
From € 528,027 loss in 2022 to € 634,187 profit in 2025.
Best year ever: 2025, with € 634,187 profit.
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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 Artem Illuminare are Karin ABRAHAMS and Marc NOËL. The same people are also behind ART EXPLORER. Karin ABRAHAMS is also behind FLEURY REAL ESTATE.
Directors
According to the 2025 annual accounts
since 2014
since 2014
Establishments
Establishment units
Physical locations of this company
Karkietweg 15
3140 Keerbergen
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.
Details
- Company number
- 0555.678.851
- VAT number
- BE 0555.678.851
- Registered office
- Karkietweg 15, 3140 Keerbergen
- Names & denominations
- Artem Illuminare · Art-Illum
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2014
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Hotels en dergelijke accommodatie