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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Art Salvage Belgium from Malle, company number BE0685533246, closed financial year 2025 with a result of € -35,604 after tax. For that financial year Art Salvage Belgium recorded a gross margin of € 114,226 and equity of € -78,670. Compared with financial year 2024, the result moved from € -24,005 to € -35,604. 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 September 30, 2026.
€ -78,670
▼ € 35,604 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,604
▼ 48 % more loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -84,870.
People and assets in 2025
€ 114,442
▼ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,192
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,258
▼ 35% vs 2024
€ 10,470 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 7,316
Supplier invoices still open on the last day of the fiscal year.
€ 30,800
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 194,519 | € 178,448 | € 128,590 | € 114,226 | ▼ 11% |
| Profit after taxes | € 13,857 | € -39,118 | € -24,005 | € -35,604 | ▼ € 11,600 |
| Equity | € 20,057 | € -19,061 | € -43,066 | € -78,670 | ▼ € 35,604 |
| Total debts | € 175,370 | € 150,243 | € 116,463 | € 115,650 | ▼ 1% |
| Cash | € 57,646 | € 18,533 | € 3,408 | € 0 | ▼ 100% |
| Land & buildings | € 50,131 | € 43,438 | € 36,317 | € 29,623 | ▼ 18% |
| Retained profit | € 13,857 | € -25,261 | € -49,266 | € -84,870 | ▼ € 35,604 |
| Bank debt | € 49,511 | € 68,963 | € 46,872 | € 30,258 | ▼ 35% |
| Balance sheet total | € 195,427 | € 131,182 | € 73,397 | € 36,980 | ▼ 50% |
Key figures of Art Salvage Belgium, 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 Art Salvage Belgium?
What happened at Art Salvage Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,604. filed late Source: NBB ↗
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,857 profit in 2022 to € 35,604 loss in 2025.
Paid € 3,084 in corporate taxes since 2022.
Best year ever: 2022, with € 13,857 profit.
Management
Behind Art Salvage Belgium are Fidelio Management Comm.V and Holding LVT BV. The same people are also behind INFRALIER. Fidelio Management Comm.V is also behind KONINKLIJKE LIERSE SPORTKRING. Holding LVT BV is also behind ALGEMENE AANNEMING ANTWERPEN THERMAC, REBUS, ROBOTLAND, Jabbedabbedoe and Boost-it-up.
Directors
According to the 2025 annual accounts
Director · represented by Yorik Torreele
Also active at: INFRALIER, KONINKLIJKE LIERSE SPORTKRING
Director · represented by Luc Van Thillo
Also active at: ALGEMENE AANNEMING ANTWERPEN THERMAC, REBUS, INFRALIER, ROBOTLAND, Jabbedabbedoe, Boost-it-up, CX Essen, Comedy Communication Media.be +1 more
Establishments
Establishment units
Physical locations of this company
Steenovenstraat 2 box UNIT N8
2390 Malle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Glaswerken De Smet Erwin
€ 594,497 gross margin · 2025
HET ANKER RENTING
€ 89,791 gross margin · 2025
MERTENS VLOERWERKEN
€ 231,255 gross margin · 2025
ICARE4-FOOD
€ 1.4 million gross margin · 2025
ARVUM
€ -832 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0685.533.246
- VAT number
- BE 0685.533.246
- Registered office
- Steenovenstraat 2 bus UNIT N8, 2390 Malle
- Names & denominations
- Art Salvage Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2017
- Peppol
- Active · Active since 29 Nov 2024
- Contact
- weconserve.be
- Activities · NACE
Literaire creatie
Scheppende kunsten, m.u.v. ondersteunende diensten