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 5.6 to 2.4.
Financials
Financial year 2024
Furnish-Art from Aartselaar, company number BE0806825115, closed financial year 2024 with a result of € 113,475 after tax. For that financial year Furnish-Art recorded revenue of € 1.2 million and equity of € 401,581. Compared with financial year 2023, the result moved from € 73,226 to € 113,475. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 401,581
▲ 39% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,475
▲ 55% vs 2023
Profit after tax over the fiscal year.
€ 14,654
▲ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 394,881.
People and assets in 2024
2.4
▼ 2.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 39,733
▼ 71% vs 2023
€ 16,600 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.
€ 505
▼ 38% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 118,889
▲ 2% vs 2023
Loans from banks and other lenders, long and short.
€ 357,456
▲ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 43,321
▲ 53% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,165,972 | € 1,167,759 | € 1,209,431 | ▲ 4% |
| Gross margin | € 330,509 | € 318,913 | € 268,786 | € 227,289 | ▼ 15% |
| Profit after taxes | € 76,689 | € 73,210 | € 73,226 | € 113,475 | ▲ 55% |
| Equity | € 141,669 | € 214,879 | € 288,106 | € 401,581 | ▲ 39% |
| Total debts | € 676,770 | € 636,740 | € 433,239 | € 573,192 | ▲ 32% |
| Cash | € 980 | € 2,520 | € 13,321 | € 14,654 | ▲ 10% |
| Retained profit | € 134,969 | € 208,179 | € 281,406 | € 394,881 | ▲ 40% |
| Bank debt | € 100,000 | € 111,061 | € 116,214 | € 118,889 | ▲ 2% |
| Balance sheet total | € 818,440 | € 851,619 | € 721,345 | € 974,773 | ▲ 35% |
| Employees (FTE) | 5.9 | 5.6 | 4.6 | 2.4 | ▼ 2.2 |
Key figures of Furnish-Art, 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 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 2024: profit of € 113,475 (▲ 55% vs 2023). 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 € 76,689 profit in 2021 to € 113,475 profit in 2024.
Paid € 166,553 in corporate taxes since 2021.
Best year ever: 2024, with € 113,475 profit.
On average € 94,700 of value added per employee in 2024.
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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 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 2024 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 2 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