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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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Paradox Art from Sint-Martens-Latem, company number BE0821842396, closed financial year 2025 with a result of € 152,859 after tax. For that financial year Paradox Art recorded a gross margin of € 615,921 and equity of € 882,344. Compared with financial year 2024, the result moved from € 115,432 to € 152,859. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 10, 2026.
€ 882,344
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 152,859
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 6,651
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,000 paid out
23 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 169,767
€ 49,900 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.
€ 12,862
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▲ 26% vs 2024
€ 145,123 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 748,043
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,575
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 413,925 | € 534,897 | € 514,011 | € 615,921 | ▲ 20% |
| Profit after taxes | € 108,964 | € 156,944 | € 115,432 | € 152,859 | ▲ 32% |
| Equity | € 552,110 | € 679,054 | € 764,485 | € 882,344 | ▲ 15% |
| Total debts | € 2,477,221 | € 2,276,186 | € 2,271,830 | € 2,599,735 | ▲ 14% |
| Cash | € 63,511 | € 22,852 | € 56,731 | € 6,651 | ▼ 88% |
| Land & buildings | € 1,745,245 | € 2,029,556 | € 1,976,759 | € 2,445,967 | ▲ 24% |
| Retained profit | € 533,510 | € 660,454 | € 745,885 | € 863,744 | ▲ 16% |
| Dividend | € 65,000 | € 30,000 | € 30,000 | € 35,000 | ▲ 17% |
| Bank debt | € 1,437,822 | € 1,400,240 | € 1,276,952 | € 1,605,383 | ▲ 26% |
| Balance sheet total | € 3,029,331 | € 2,955,239 | € 3,036,315 | € 3,482,079 | ▲ 15% |
| Employees (FTE) | 3.6 | 4.3 | 3 | 3.4 | ▲ 0.4 |
By gross margin, Paradox Art ranks 3rd of 58 companies with main activity “Literaire creatie” in East Flanders that publish figures (fiscal year 2025).
Key figures of Paradox 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.
Ask about Paradox Art the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Paradox Art?
What happened at Paradox Art in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 152,859 (▲ 32% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,964 profit in 2022 to € 152,859 profit in 2025.
Paid € 209,109 in corporate taxes since 2022.
Best year ever: 2023, with € 156,944 profit.
On average € 181,200 of value added per employee in 2025.
Management
Behind Paradox Art is Arne Van Coillie. It owns 20% of ICM Europe itself.
Directors
According to the 2025 annual accounts
Arne Van Coillie
Director
Establishments
Establishment units
Physical locations of this company
Hooglatemweg 18B
9830 Sint-Martens-Latem
Klapstraat 4
9831 Sint-Martens-Latem
Active since 1 December 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0821.842.396
- VAT number
- BE 0821.842.396
- Registered office
- Hooglatemweg 18B, 9830 Sint-Martens-Latem
- Names & denominations
- Paradox Art · Paradox
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2009
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Literaire creatie
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Scheppende kunsten, m.u.v. ondersteunende diensten
Creatie van beeldende kunsten
Ondersteunende activiteiten voor scheppende kunsten