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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTCORK from Verlaine, company number BE0801768643, closed financial year 2025 with a result of € -26,327 after tax. For that financial year ARTCORK recorded a gross margin of € -16,966 and equity of € -24,559. Compared with financial year 2024, the result moved from € -11,561 to € -26,327. 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 27, 2026.
€ -24,559
▼ € 26,327 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,327
▼ 128 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,775
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,559.
Debts at end 2025
€ 43,638
▼ 24% vs 2024
€ 15,103 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,989
▲ 145% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 488 | € -9,711 | € -16,966 | ▼ € 7,254 |
| Profit after taxes | € -1,671 | € -11,561 | € -26,327 | ▼ € 14,767 |
| Equity | € 13,329 | € 1,768 | € -24,559 | ▼ € 26,327 |
| Total debts | € 30,115 | € 73,325 | € 76,053 | ▲ 4% |
| Cash | € 16,279 | € 27,403 | € 3,775 | ▼ 86% |
| Retained profit | € -1,671 | € -13,232 | € -39,559 | ▼ € 26,327 |
| Bank debt | € 15,000 | € 57,442 | € 43,638 | ▼ 24% |
| Balance sheet total | € 43,443 | € 75,094 | € 51,495 | ▼ 31% |
Key figures of ARTCORK, fiscal years 2023 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 ARTCORK?
What happened at ARTCORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,327. Source: NBB ↗
- New establishment in Verlaine. KBO
- Joeffrey PIRLET became a director. NBB
- Olivier MATAGNE became a director. NBB
- Anthony TOURNIQUET became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,671 loss in 2023 to € 26,327 loss in 2025.
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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 ARTCORK are Joeffrey PIRLET, Olivier MATAGNE and Anthony TOURNIQUET. Olivier MATAGNE is also behind OBJECTIF, LOISIR ET MULTIMEDIA HUTOIS.
Directors
According to the 2025 annual accounts
Joeffrey PIRLET
Director
since 2023
since 2023
Anthony TOURNIQUET
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue du Couvent(BOD) 9
4537 Verlaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0801.768.643
- VAT number
- BE 0801.768.643
- Registered office
- Rue du Couvent(BOD) 9, 4537 Verlaine
- Names & denominations
- ARTCORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2023
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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