Financials
Financial year 2024
ArtiQ from Leuven, company number BE0720636061, closed financial year 2024 with a result of € -196,725 after tax. For that financial year ArtiQ recorded a gross margin of € 1 million and equity of € 1.9 million. Compared with financial year 2023, the result moved from € 251,655 to € -196,725. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2025.
€ 1.9 million
▼ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -196,725
▼ still € 251,655 profit in 2023
Profit after tax over the fiscal year.
€ 637,968
▼ 56% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,694.
People and assets in 2024
12.6
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 48% vs 2023
€ 89,400 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.
€ 32,288
▲ 276% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,181
▼ 70% vs 2023
Loans from banks and other lenders, long and short.
€ 136,902
▲ 24% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 161,173
▲ 16% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 304,157 | € 1,039,429 | € 1,185,898 | € 1,001,411 | ▼ 16% |
| Profit after taxes | € -47,459 | € 387,999 | € 251,655 | € -196,725 | ▼ € 448,381 |
| Equity | € 959,364 | € 1,797,555 | € 2,406,658 | € 1,864,118 | ▼ 23% |
| Total debts | € 216,176 | € 170,562 | € 401,657 | € 454,855 | ▲ 13% |
| Cash | € 602,940 | € 941,272 | € 1,443,324 | € 637,968 | ▼ 56% |
| Retained profit | € -437,235 | € -49,236 | € 202,419 | € 5,694 | ▼ 97% |
| Bank debt | € 22 | € 5,319 | € 3,951 | € 1,181 | ▼ 70% |
| Balance sheet total | € 1,175,540 | € 1,968,117 | € 2,808,315 | € 2,318,972 | ▼ 17% |
| Employees (FTE) | 4.1 | 8.1 | - | 12.6 |
Key figures of ArtiQ, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ArtiQ?
What happened at ArtiQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas Stuckey stepped down as director. NBB
- Jason Knoblauch stepped down as director. NBB
- Vitop BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 196,725 (▼ € 448,381 vs 2023). filed late Source: NBB ↗
- Timothy Cobb became a director. NBB
- Thomas Stuckey became a director. NBB
- Jason Knoblauch became a director. NBB
- Vitop BV became a director. NBB
In short
From € 47,459 loss in 2021 to € 196,725 loss in 2024.
Best year ever: 2022, with € 387,999 profit.
On average € 79,500 of value added per employee in 2024.
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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 GEMMA FRISIUS-FONDS KU LEUVEN, KBC Focus fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ArtiQBehind ArtiQ is Timothy Cobb. The shares are held by GEMMA FRISIUS-FONDS KU LEUVEN (13.4%) and KBC Focus fund (13.4%).
Directors
According to the 2024 annual accounts
since 2024
Thomas Stuckey
Director
since 2024 · until 2029
since 2024 · until 2029
Director · represented by Marko TOPALOVIC
since 2024 · until 2029
Shareholders
13.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Diestsepoort 1
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0720.636.061
- VAT number
- BE 0720.636.061
- Registered office
- Diestsepoort 1, 3000 Leuven
- Names & denominations
- ArtiQ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2019
- Peppol
- Active · Active since 21 May 2026
- Activities · NACE
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