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 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ART'IFACT from Kuurne, company number BE0737872268, closed financial year 2025 with a result of € 23,000 after tax. For that financial year ART'IFACT recorded a gross margin of € 35,448 and equity of € 2,500. Compared with financial year 2024, the result moved from € 15,492 to € 23,000. Profitable, and profit is growing. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2,500
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,000
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 38,532 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 311
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,896
▼ 79% vs 2024
Loans from banks and other lenders, long and short.
€ 2,901
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,473
▼ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37,434 | € 67,189 | € 26,362 | € 35,448 | ▲ 34% |
| Profit after taxes | € 15,638 | € 50,240 | € 15,492 | € 23,000 | ▲ 48% |
| Equity | € 34,994 | € 52,741 | € 18,032 | € 2,500 | ▼ 86% |
| Total debts | € 42,393 | € 25,681 | € 36,744 | € 43,203 | ▲ 18% |
| Cash | - | € 11,638 | - | - | |
| Retained profit | € 32,494 | € 50,241 | € 15,532 | € 0 | ▼ 100% |
| Dividend | € 0 | € 32,493 | € 50,200 | € 38,532 | ▼ 23% |
| Bank debt | € 16,559 | € 0 | € 13,626 | € 2,896 | ▼ 79% |
| Balance sheet total | € 77,387 | € 78,422 | € 54,776 | € 45,703 | ▼ 17% |
Key figures of ART'IFACT, 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'IFACT?
What happened at ART'IFACT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,000 (▲ 48% vs 2024). filed late Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
- Carl Van Den Hoeven became a director. NBB
In short
From € 15,638 profit in 2022 to € 23,000 profit in 2025.
Paid € 30,672 in corporate taxes since 2022.
Best year ever: 2023, with € 50,240 profit.
Paid out € 121,225 in dividends to the owners in total.
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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
Behind ART'IFACT is Carl Van Den Hoeven.
Directors
According to the 2025 annual accounts
Carl Van Den Hoeven
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Morinenstraat 2
8520 Kuurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.872.268
- VAT number
- BE 0737.872.268
- Registered office
- Morinenstraat 2, 8520 Kuurne
- Names & denominations
- ART'IFACT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2019
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
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