Bankrupt · Opening faillissement (CBE)

ARTAN HOSPITALITY

BE0840018020

Rechtspersoon Public limited company 1 establishment

ARTAN HOSPITALITY is a hotel in Schaarbeek. Public Limited, started on 6 October 2011, 1 establishment.

Artanstraat 116, 1030 Schaarbeek

Behind the company: THIBAUT PHILIPPE MANAGEMENT ET CONSEIL SPRL, MURS D'ARTAN SCA.

Start date

6 October 2011

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 19 % of short-term debt in 2023; threshold 65 %.

  • 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.

What it is worth Caution

€ -1.9 million

▼ € 66,029 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -66,029

▲ 62 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 20,774

▼ 45% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2.1 million.

People and assets in 2023

Wage cost

€ 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.

Vehicles and equipment

€ 585

▼ 50% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 16 years to go

€ 624,447

▼ 8% vs 2022

€ 40,130 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 47,062

▼ 14% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 243,030

▲ 62% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 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 HOSPITALITY

Behind 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%).

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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

MURS D'ARTAN SCA

Director · represented by Philippe THIBAUT

since 2017

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Artanstraat 116

1030 Schaarbeek

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

Hotels en dergelijke accommodatie

Frequently asked questions

What does ARTAN HOSPITALITY do?
ARTAN HOSPITALITY is a hotel in Schaarbeek. Public Limited, started on 6 October 2011, 1 establishment.
What is the address of ARTAN HOSPITALITY?
The registered office of ARTAN HOSPITALITY is located at Artanstraat 116, 1030 Schaarbeek.
Is ARTAN HOSPITALITY still active?
No. The CBE lists ARTAN HOSPITALITY with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ARTAN HOSPITALITY registered on Peppol?
No, ARTAN HOSPITALITY is currently not registered on the Peppol network.
What is the enterprise number of ARTAN HOSPITALITY?
The enterprise number of ARTAN HOSPITALITY is BE0840018020.
When was ARTAN HOSPITALITY founded?
ARTAN HOSPITALITY was founded on 6 October 2011.