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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ARTAN HOSPITALITY from Schaarbeek, company number BE0840018020, closed financial year 2023 with a result of € -66,029 after tax. For that financial year ARTAN HOSPITALITY recorded a gross margin of € 305,183 and equity of € -1.9 million. Compared with financial year 2022, the result moved from € -175,874 to € -66,029. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.
€ -1.9 million
▼ € 66,029 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,029
▲ 62 % less loss than in 2022
Profit after tax over the fiscal year.
€ 20,774
▼ 45% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2023
€ 281,356
▲ 63% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 585
▼ 50% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 624,447
▼ 8% vs 2022
€ 40,130 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 47,062
▼ 14% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 243,030
▲ 62% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -102,360 | € 155,066 | € 305,183 | ▲ 97% |
| Profit after taxes | € -279,358 | € -175,874 | € -66,029 | ▲ € 109,845 |
| Equity | € -1,620,888 | € -1,796,762 | € -1,862,791 | ▼ € 66,029 |
| Total debts | € 1,894,873 | € 2,065,082 | € 2,123,433 | ▲ 3% |
| Cash | € 23,909 | € 37,720 | € 20,774 | ▼ 45% |
| Retained profit | € -1,820,888 | € -1,996,762 | € -2,062,791 | ▼ € 66,029 |
| Bank debt | € 705,736 | € 677,299 | € 624,447 | ▼ 8% |
| Balance sheet total | € 273,985 | € 268,320 | € 260,642 | ▼ 3% |
Key figures of ARTAN HOSPITALITY, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ARTAN HOSPITALITY?
What happened at ARTAN HOSPITALITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ARTAN HOSPITALITY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 66,029. filed late Source: NBB ↗
- THIBAUT PHILIPPE MANAGEMENT ET CONSEIL SPRL became a director. NBB
- MURS D'ARTAN SCA became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Schaarbeek. KBO
In short
From € 279,358 loss in 2021 to € 66,029 loss in 2023.
Management
The stake of MURS D'ARTAN, THIBAUT PHILIPPE MANAGEMENT ET CONSEIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARTAN HOSPITALITYBehind ARTAN HOSPITALITY are THIBAUT PHILIPPE MANAGEMENT ET CONSEIL SPRL and MURS D'ARTAN SCA. The shares are held by MURS D'ARTAN (99%) and THIBAUT PHILIPPE MANAGEMENT ET CONSEIL (1%).
Directors
According to the 2023 annual accounts
THIBAUT PHILIPPE MANAGEMENT ET CONSEIL SPRL
Director · represented by Philippe THIBAUT
Also active at: MURS D'ARTAN
since 2017
Director · represented by Philippe THIBAUT
since 2017
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Artanstraat 116
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Concordia
G. et Ed. Wouters Frères
COMMERCIAL COMMUNICATION CONSULTANTS
FEDERATION EUROPEENNE POUR LA PROMOTION DE VENTE - EUROPEAN FEDERATION FOR SALES PROMOTION
THIBAUT PHILIPPE MANAGEMENT ET CONSEIL same network
€ -387 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.018.020
- VAT number
- BE 0840.018.020
- Registered office
- Artanstraat 116, 1030 Schaarbeek
- Names & denominations
- ARTAN HOSPITALITY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 6 October 2011
- Peppol
- Not registered
- Activities · NACE
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