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 1 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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Secundum Artem from Gent, company number BE0772404565, closed financial year 2025 with a result of € -2,521 after tax. For that financial year Secundum Artem recorded a gross margin of € -1,747 and equity of € -1,388. Compared with financial year 2024, the result moved from € -2,932 to € -2,521. 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 August 25, 2026.
€ -1,388
▼ € 2,521 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,521
▲ 14 % less loss than in 2024
Profit after tax over the fiscal year.
€ 31
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -21,388.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,551 | € -6,180 | € -1,945 | € -1,747 | ▲ € 198 |
| Profit after taxes | € -9,087 | € -6,849 | € -2,932 | € -2,521 | ▲ € 410 |
| Equity | € 10,913 | € 4,065 | € 1,133 | € -1,388 | ▼ € 2,521 |
| Total debts | € 197 | € 3,069 | € 2,698 | € 4,549 | ▲ 69% |
| Cash | € 2,077 | € 2,211 | € 339 | € 31 | ▼ 91% |
| Retained profit | € -9,087 | € -15,935 | € -18,867 | € -21,388 | ▼ € 2,521 |
| Balance sheet total | € 11,111 | € 7,134 | € 3,831 | € 3,161 | ▼ 17% |
Key figures of Secundum Artem, 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 Secundum Artem?
What happened at Secundum Artem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,521. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Karl-Jan Spittaels became a director. NBB
- Ian Vandenbussche became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,087 loss in 2022 to € 2,521 loss in 2025.
Management
Behind Secundum Artem are Karl-Jan Spittaels and Ian Vandenbussche.
Directors
According to the 2025 annual accounts
Karl-Jan Spittaels
Director
since 2021
Ian Vandenbussche
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Krekelstraat 44
9052 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0772.404.565
- VAT number
- BE 0772.404.565
- Registered office
- Krekelstraat 44, 9052 Gent
- Names & denominations
- Secundum Artem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2021
- Peppol
- Active · Active since 14 Apr 2026
- Activities · NACE
Vervaardiging van gedistilleerde dranken door distilleren, rectificeren en mengen
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