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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTCOS from Maarkedal, company number BE0811908905, closed financial year 2025 with a result of € -25,333 after tax. For that financial year ARTCOS recorded a gross margin of € 125,729 and equity of € 599,522. Compared with financial year 2024, the result moved from € -5,182 to € -25,333. 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 April 29, 2026.
€ 599,522
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,333
▼ 389 % more loss than in 2024
Profit after tax over the fiscal year.
€ 11,209
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 580,922.
People and assets in 2025
€ 20,806
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 859,686
▼ 15% vs 2024
€ 103,747 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 16,227
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 182,752 | € 172,967 | € 149,207 | € 125,729 | ▼ 16% |
| Profit after taxes | € 8,032 | € 4,806 | € -5,182 | € -25,333 | ▼ € 20,151 |
| Equity | € 625,232 | € 630,037 | € 624,855 | € 599,522 | ▼ 4% |
| Total debts | € 1,552,501 | € 1,410,406 | € 1,237,567 | € 1,110,558 | ▼ 10% |
| Cash | € 78,013 | € 124,111 | € 49,163 | € 11,209 | ▼ 77% |
| Land & buildings | € 2,066,997 | € 1,896,415 | € 1,795,574 | € 1,683,137 | ▼ 6% |
| Retained profit | € 606,632 | € 611,437 | € 606,255 | € 580,922 | ▼ 4% |
| Bank debt | € 1,268,619 | € 1,135,205 | € 1,011,937 | € 859,686 | ▼ 15% |
| Balance sheet total | € 2,197,713 | € 2,059,175 | € 1,879,905 | € 1,726,314 | ▼ 8% |
Key figures of ARTCOS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ARTCOS?
What happened at ARTCOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,333. Source: NBB ↗
- New establishment in Maarkedal. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,032 profit in 2022 to € 25,333 loss in 2025.
Paid € 3,227 in corporate taxes since 2022.
Best year ever: 2022, with € 8,032 profit.
Management
Behind ARTCOS are Philippe Caron and Sabine Dejonghe.
Directors
According to the 2025 annual accounts
Philippe Caron
Director
Sabine Dejonghe
Director
Establishments
Establishment units
Physical locations of this company
Heidje 11
9681 Maarkedal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0811.908.905
- VAT number
- BE 0811.908.905
- Registered office
- Heidje 11, 9681 Maarkedal
- Names & denominations
- ARTCOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 2009
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
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