Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
Artion from Aalter, company number BE0770489707, closed financial year 2025 with a result of € -739,939 after tax. For that financial year Artion recorded a gross margin of € -223,124 and equity of € -389,173. Compared with financial year 2024, the result moved from € -463,872 to € -739,939. 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 July 1, 2026.
€ -389,173
▼ € 739,939 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -739,939
▼ 60 % more loss than in 2024
Profit after tax over the fiscal year.
€ 248,883
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
€ 440,208
▲ 228% 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.
€ 8,116
▲ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 557,206
▲ 122% vs 2024
€ 22,203 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 221,310
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 95,883
▲ 161% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -79,175 | € -23,599 | € -297,819 | € -223,124 | ▲ € 74,695 |
| Profit after taxes | € -96,572 | € -38,840 | € -463,872 | € -739,939 | ▼ € 276,067 |
| Equity | € -46,572 | € -85,412 | € 350,767 | € -389,173 | ▼ € 739,939 |
| Total debts | € 112,858 | € 195,774 | € 667,971 | € 1,268,965 | ▲ 90% |
| Cash | € 8,216 | € 24,809 | € 611,130 | € 248,883 | ▼ 59% |
| Retained profit | € -96,572 | € -135,412 | € -599,284 | € -1,339,224 | ▼ € 739,939 |
| Bank debt | € 108,402 | € 80,127 | € 251,400 | € 557,206 | ▲ 122% |
| Balance sheet total | € 66,286 | € 110,362 | € 1,018,737 | € 879,792 | ▼ 14% |
Key figures of Artion, 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 Artion?
What happened at Artion in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Artion is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 739,939. Source: NBB ↗
- Entourage GP BV became a director. NBB
- New establishment in Aalter. KBO
- Faves BV became a director. NBB
- MJMT BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 96,572 loss in 2022 to € 739,939 loss in 2025.
Paid € 1,001 in corporate taxes since 2022.
Management
The stake of FAVES, Entourage Capital comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ArtionBehind Artion are Faves BV, MJMT BV and Entourage GP BV. The shares are held by FAVES (40%) and Entourage Capital (18.9%).
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Jean-Michel Teerlinck
Also active at: MTM, De Lieve Immo, SAHARA INVEST, Hawaiian Group International
since 2021
Director · represented by Pieterjan Bouten
Also active at: Tekst.ai, Entourage Studio Privak, Karomia, Entourage Capital
since 2024
Shareholders
40%
18.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Ganzeplas 34
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0770.489.707
- VAT number
- BE 0770.489.707
- Registered office
- Grote Ganzeplas 34, 9880 Aalter
- Names & denominations
- Artion
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 29 June 2021
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- artion.be
- Activities · NACE
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