Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Paradox Art from Sint-Martens-Latem, company number BE0821842396, closed financial year 2024 with a result of € 115,432 after tax. For that financial year Paradox Art recorded a gross margin of € 514,011 and equity of € 764,485. Compared with financial year 2023, the result moved from € 156,944 to € 115,432. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 764,485
▲ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115,432
▼ 26% vs 2023
Profit after tax over the fiscal year.
€ 56,731
▲ 148% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
26 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
3
▼ 1.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 169,006
▼ 24% vs 2023
€ 56,300 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.
€ 21,309
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.3 million
▼ 9% vs 2023
€ 121,563 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 558,442
▼ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 35,639
▼ 56% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 471,339 | € 413,925 | € 534,897 | € 514,011 | ▼ 4% |
| Profit after taxes | € 69,755 | € 108,964 | € 156,944 | € 115,432 | ▼ 26% |
| Equity | € 508,146 | € 552,110 | € 679,054 | € 764,485 | ▲ 13% |
| Total debts | € 2,491,155 | € 2,477,221 | € 2,276,186 | € 2,271,830 | |
| Cash | € 206,083 | € 63,511 | € 22,852 | € 56,731 | ▲ 148% |
| Land & buildings | € 1,466,280 | € 1,745,245 | € 2,029,556 | € 1,976,759 | ▼ 3% |
| Retained profit | € 489,546 | € 533,510 | € 660,454 | € 745,885 | ▲ 13% |
| Dividend | € 85,000 | € 65,000 | € 30,000 | € 30,000 | |
| Bank debt | € 1,402,023 | € 1,437,822 | € 1,400,240 | € 1,276,952 | ▼ 9% |
| Balance sheet total | € 2,999,300 | € 3,029,331 | € 2,955,239 | € 3,036,315 | ▲ 3% |
| Employees (FTE) | 2.6 | 3.6 | 4.3 | 3 | ▼ 1.3 |
Key figures of Paradox 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 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 2024: profit of € 115,432 (▼ 26% vs 2023). 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 € 69,755 profit in 2021 to € 115,432 profit in 2024.
Paid € 252,354 in corporate taxes since 2021.
Best year ever: 2023, with € 156,944 profit.
On average € 171,300 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 Paradox Art is Arne Van Coillie.
Directors
According to the 2024 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.
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