Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Arternative from Antwerpen, company number BE0643646369, closed financial year 2025 with a result of € 870,614 after tax. For that financial year Arternative recorded revenue of € 18.6 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 1.2 million to € 870,614. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 2.5 million
▲ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 870,614
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 461,565
▼ 57% 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 € 2.5 million.
People and assets in 2025
25.2
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 46% vs 2024
€ 80,400 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.
€ 11,970
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ 136% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2.6 million
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 984,164
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 18,615,837 | |
| Gross margin | € 1,043,063 | € 2,105,453 | € 3,736,528 | - | |
| Profit after taxes | € -8,572 | € 539,579 | € 1,212,574 | € 870,614 | ▼ 28% |
| Equity | € 245,692 | € 785,271 | € 1,617,844 | € 2,488,459 | ▲ 54% |
| Total debts | € 2,535,956 | € 4,545,370 | € 4,862,997 | € 5,657,996 | ▲ 16% |
| Cash | € 991,208 | € 702,298 | € 1,074,582 | € 461,565 | ▼ 57% |
| Land & buildings | € 5,905 | € 23,058 | € 48,247 | € 90,884 | ▲ 88% |
| Retained profit | € 227,092 | € 766,671 | € 1,599,244 | € 2,469,859 | ▲ 54% |
| Dividend | € 0 | € 0 | € 380,000 | € 0 | ▼ 100% |
| Bank debt | € 909,633 | € 1,384,002 | € 700,353 | € 1,655,801 | ▲ 136% |
| Balance sheet total | € 2,781,648 | € 5,330,641 | € 6,480,842 | € 8,146,455 | ▲ 26% |
| Employees (FTE) | 13.9 | 35.4 | 25.2 | 25.2 |
Key figures of Arternative, 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 Arternative?
What happened at Arternative in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 870,614 (▼ 28% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,572 loss in 2022 to € 870,614 profit in 2025.
Paid € 991,876 in corporate taxes since 2022.
Best year ever: 2024, with € 1.2 million profit.
On average € 148,300 of value added per employee in 2024.
A new publication or filing at Arternative? 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
The stake of Dembélé comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ArternativeBehind Arternative is Bertony Da Silva Gaspar. The shares are held by Dembélé (10.2%).
Directors
According to the 2025 annual accounts
Bertony Da Silva Gaspar
Director
Shareholders
10.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kammenstraat 45
2000 Antwerpen
Antoine Dansaertstraat 50
1000 Brussel
Active since 6 March 2021
Lange Lozanastraat 258 box 17
2018 Antwerpen
Active since 1 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
arte-antwerp.com
Registered
2016-02-17
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-02-17
Website info
Features
Security
Details
- Company number
- 0643.646.369
- VAT number
- BE 0643.646.369
- Registered office
- Kammenstraat 45, 2000 Antwerpen
- Names & denominations
- Arternative
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2015
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- arte-antwerp.com
- Activities · NACE
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