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 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ART-THERM from Aalst, company number BE0767522693, closed financial year 2024 with a result of € -13,151 after tax. For that financial year ART-THERM recorded a gross margin of € -5,380 and equity of € -6,654. Compared with financial year 2022, the result moved from € 1,225 to € -13,151. 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 October 24, 2025.
€ -6,654
▼ € 13,673 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,151
▼ still € 1,225 profit in 2022
Profit after tax over the fiscal year.
€ 752
▼ 81% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,654.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 485
▼ 96% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 5,247
▼ 55% vs 2022
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 5,017 | € 7,852 | € -5,380 | ▼ € 13,233 |
| Profit after taxes | € 2,793 | € 1,225 | € -13,151 | ▼ € 14,376 |
| Equity | € 5,793 | € 7,019 | € -6,654 | ▼ € 13,673 |
| Total debts | € 20,884 | € 12,739 | € 8,159 | ▼ 36% |
| Cash | € 1,963 | € 3,859 | € 752 | ▼ 81% |
| Retained profit | € 2,793 | € 4,019 | € -9,654 | ▼ € 13,673 |
| Balance sheet total | € 26,678 | € 19,758 | € 1,505 | ▼ 92% |
Key figures of ART-THERM, 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 ART-THERM?
What happened at ART-THERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 13,151 (▼ € 14,376 vs 2022). filed late Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,793 profit in 2021 to € 13,151 loss in 2024.
Paid € 29 in corporate taxes since 2021.
Best year ever: 2021, with € 2,793 profit.
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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
Directors
According to the 2024 annual accounts
Alassane Mende
Director
Establishments
Establishment units
Physical locations of this company
Tolstraat 26 box A000
9320 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0767.522.693
- VAT number
- BE 0767.522.693
- Registered office
- Tolstraat 26 bus A000, 9320 Aalst
- Names & denominations
- ART-THERM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2021
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- [email protected]
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden