Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.6 to 1.3.
Financials
Financial year 2025
Furnish-Art from Aartselaar, company number BE0806825115, closed financial year 2025 with a result of € -64,819 after tax. For that financial year Furnish-Art recorded revenue of € 1.3 million and equity of € 336,761. Compared with financial year 2024, the result moved from € 113,475 to € -64,819. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 336,761
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,819
▼ still € 113,475 profit in 2024
Profit after tax over the fiscal year.
€ 9,155
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 330,061.
People and assets in 2025
1.3
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18,718
▼ 53% vs 2024
€ 14,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,113
▲ € 5,608 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 136,721
▲ 15% vs 2024
Loans from banks and other lenders, long and short.
€ 355,428
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,317
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,165,972 | € 1,167,759 | € 1,209,431 | € 1,323,088 | ▲ 9% |
| Gross margin | € 318,913 | € 268,786 | € 227,289 | € -25,992 | ▼ € 253,281 |
| Profit after taxes | € 73,210 | € 73,226 | € 113,475 | € -64,819 | ▼ € 178,294 |
| Equity | € 214,879 | € 288,106 | € 401,581 | € 336,761 | ▼ 16% |
| Total debts | € 636,740 | € 433,239 | € 573,192 | € 535,466 | ▼ 7% |
| Cash | € 2,520 | € 13,321 | € 14,654 | € 9,155 | ▼ 38% |
| Retained profit | € 208,179 | € 281,406 | € 394,881 | € 330,061 | ▼ 16% |
| Bank debt | € 111,061 | € 116,214 | € 118,889 | € 136,721 | ▲ 15% |
| Balance sheet total | € 851,619 | € 721,345 | € 974,773 | € 872,227 | ▼ 11% |
| Employees (FTE) | 5.6 | 4.6 | 2.4 | 1.3 | ▼ 1.1 |
Key figures of Furnish-Art, 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 Furnish-Art?
What happened at Furnish-Art in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,819 (▼ € 178,294 vs 2024). filed late Source: NBB ↗
- Ahkim El Khaoui became a director. NBB
- Mustafa El Khaoui became a director. NBB
- Rachid El Khaoui became a director. NBB
- Mohamed El Khaoui became a director. NBB
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,210 profit in 2022 to € 64,819 loss in 2025.
Paid € 147,483 in corporate taxes since 2022.
Best year ever: 2024, with € 113,475 profit.
On average € 94,700 of value added per employee in 2024.
Management
Behind Furnish-Art are Ahkim El Khaoui, Mustafa El Khaoui, Rachid El Khaoui and Mohamed El Khaoui. The same people are also behind CON-FORM. Mustafa El Khaoui is also behind Mek-Nova. Mohamed El Khaoui is also behind A.D. Solutions Immo.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Oeyvaersbosch 23 box 1
2630 Aartselaar
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Website info
Features
Details
- Company number
- 0806.825.115
- VAT number
- BE 0806.825.115
- Registered office
- Oeyvaersbosch 23 bus 1, 2630 Aartselaar
- Names & denominations
- Furnish-Art
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2008
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- furnishart.be
- Activities · NACE
Schrijnwerk
Installatie van isolatie
Glaszetten
Overige werkzaamheden in verband met de afwerking van gebouwen