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.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTESCAUT from Tournai, company number BE0690962078, closed financial year 2025 with a result of € 6,613 after tax. For that financial year ARTESCAUT recorded a gross margin of € 148,577 and equity of € -111,928. Compared with financial year 2024, the result moved from € -57,536 to € 6,613. Profitable, and profit is growing. 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 20, 2026.
€ -111,928
▼ € 28,823 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,613
▲ still € 57,536 loss in 2024
Profit after tax over the fiscal year.
€ 26,001
▲ 220% 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 € -130,528.
People and assets in 2025
1.3
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 58,185
▲ 8% vs 2024
€ 44,800 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.
Debts at end 2025
€ 271,612
▼ 13% vs 2024
€ 42,886 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 20,870
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,610
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,671 | € 61,844 | € 53,425 | € 148,577 | ▲ 178% |
| Profit after taxes | € 3,312 | € -47,302 | € -57,536 | € 6,613 | ▲ € 64,150 |
| Equity | € 31,581 | € -20,084 | € -83,105 | € -111,928 | ▼ € 28,823 |
| Total debts | € 533,414 | € 458,995 | € 479,734 | € 436,479 | ▼ 9% |
| Cash | € 44,604 | € 7,206 | € 8,117 | € 26,001 | ▲ 220% |
| Retained profit | € -32,304 | € -79,606 | € -137,142 | € -130,528 | ▲ € 6,613 |
| Bank debt | € 391,972 | € 353,017 | € 312,849 | € 271,612 | ▼ 13% |
| Balance sheet total | € 564,995 | € 438,911 | € 396,629 | € 324,550 | ▼ 18% |
| Employees (FTE) | - | - | 1.5 | 1.3 | ▼ 0.2 |
Key figures of ARTESCAUT, 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 ARTESCAUT?
What happened at ARTESCAUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,613. Source: NBB ↗
- New establishment in Antoing. KBO
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,312 profit in 2022 to € 6,613 profit in 2025.
Best year ever: 2025, with € 6,613 profit.
On average € 114,300 of value added per employee in 2025.
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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 TRAVESCAUT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARTESCAUTBehind ARTESCAUT are Etienne DE PELSEMAECKER and Pierre DELABASSEE. The shares are held by TRAVESCAUT (50%).
Directors
According to the 2025 annual accounts
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Formanoir(TEM) 54
7520 Tournai
Rue Henri Artisien 13A
7641 Antoing
Active since 26 February 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.962.078
- VAT number
- BE 0690.962.078
- Registered office
- Rue de Formanoir(TEM) 54, 7520 Tournai
- Names & denominations
- ARTESCAUT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2018
- Peppol
- Active · Active since 31 Jan 2025
- Activities · NACE
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