Bankrupt · Opening faillissement (CBE)

ART N’ STEEL

BE0656555782

Rechtspersoon Private limited company 1 establishment

ART N’ STEEL is a metalworking company in Binche. Private Limited, started on 10 June 2016, 1 establishment.

Route de Mons(WAU) 501, 7131 Binche

Behind the company: François BERGERET, Emmanuel DUVIVIER.

Start date

10 June 2016

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 40 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

ART N’ STEEL from Binche, company number BE0656555782, closed financial year 2022 with a result of € -56,459 after tax. For that financial year ART N’ STEEL recorded revenue of € 792,603 and equity of € -48,096. Compared with financial year 2021, the result moved from € 133,037 to € -56,459. 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 July 28, 2023.

What it is worth Caution

€ -48,096

▼ € 60,545 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -56,459

▼ still € 133,037 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 61,385

▼ 25% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -118,524.

People and assets in 2022

Wage cost

€ 346,902

▼ 28% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 13,630

▲ 30% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 4 years to go

€ 865,333

€ 188,652 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 154,471

▼ 38% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 32,223

▼ 61% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Revenue € 1,329,267 € 792,603 ▼ 40%
Gross margin € 689,075 € 372,392 ▼ 46%
Profit after taxes € 133,037 € -56,459 ▼ € 189,496
Equity € 12,448 € -48,096 ▼ € 60,545
Total debts € 1,225,826 € 1,064,527 ▼ 13%
Cash € 82,055 € 61,385 ▼ 25%
Land & buildings € 593,859 € 585,116 ▼ 1%
Retained profit € -62,066 € -118,524 ▼ € 56,459
Bank debt € 869,572 € 865,333
Balance sheet total € 1,238,274 € 1,016,430 ▼ 18%

Key figures of ART N’ STEEL, fiscal years 2021 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 31 July 2024.

What happened to ART N’ STEEL?

What happened at ART N’ STEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ART N’ STEEL is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 56,459 (▼ € 189,496 vs 2021). Source: NBB ↗
  • New establishment in Binche. KBO
  • Start of the company according to the CBE. KBO

In short

From € 133,037 profit in 2021 to € 56,459 loss in 2022.

Paid € 287 in corporate taxes since 2021.

Best year ever: 2021, with € 133,037 profit.

Management

François BERGERET Emmanuel DUVIVIER
ART N’ STEEL

Behind ART N’ STEEL are François BERGERET and Emmanuel DUVIVIER.

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Directors

According to the 2022 annual accounts

François BERGERET

Director

Emmanuel DUVIVIER

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Route de Mons(WAU) 501

7131 Binche

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0656.555.782
VAT number
BE 0656.555.782
Registered office
Route de Mons(WAU) 501, 7131 Binche
Names & denominations
ART N’ STEEL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
10 June 2016
Peppol
Not registered
Activities · NACE

Smeden van metaal

Verspanend bewerken van metalen

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Frequently asked questions

What does ART N’ STEEL do?
ART N’ STEEL is a metalworking company in Binche. Private Limited, started on 10 June 2016, 1 establishment.
What is the address of ART N’ STEEL?
The registered office of ART N’ STEEL is located at Route de Mons(WAU) 501, 7131 Binche.
Is ART N’ STEEL still active?
No. The CBE lists ART N’ STEEL with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ART N’ STEEL registered on Peppol?
No, ART N’ STEEL is currently not registered on the Peppol network.
What is the enterprise number of ART N’ STEEL?
The enterprise number of ART N’ STEEL is BE0656555782.
When was ART N’ STEEL founded?
ART N’ STEEL was founded on 10 June 2016.