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 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ARTSIDE DEVELOPMENT from Brussel, company number BE0843005521, closed financial year 2025 with a result of € -5,950 after tax. For that financial year ARTSIDE DEVELOPMENT recorded a gross margin of € -2,275 and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 575,638 to € -5,950. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.
€ 3.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,950
▼ still € 575,638 profit in 2024
Profit after tax over the fiscal year.
€ 33
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,002
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,910
▲ 43% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,495 | € -4,580 | € -1,037 | € -2,275 | ▼ € 1,238 |
| Profit after taxes | € 2,360,070 | € 122,977 | € 575,638 | € -5,950 | ▼ € 581,588 |
| Equity | € 2,841,828 | € 2,964,805 | € 3,540,443 | € 3,534,492 | |
| Total debts | € 13,450,551 | € 17,215,853 | € 21,321,523 | € 23,673,604 | ▲ 11% |
| Cash | € 635 | € 83,576 | € 46 | € 33 | ▼ 30% |
| Land & buildings | € 1,015,160 | € 975,200 | € 935,240 | € 895,280 | ▼ 4% |
| Retained profit | € -2,208,319 | € -2,085,342 | € -1,509,704 | € -1,515,655 | |
| Balance sheet total | € 16,292,379 | € 20,180,658 | € 24,861,966 | € 27,208,097 | ▲ 9% |
Key figures of ARTSIDE DEVELOPMENT, 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.
What happened to ARTSIDE DEVELOPMENT?
What happened at ARTSIDE DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,950 (▼ € 581,588 vs 2024). filed late Source: NBB ↗
- RACHEL VANDERBECKEN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 2.4 million profit in 2022 to € 5,950 loss in 2025.
Paid € 42,163 in corporate taxes since 2022.
Best year ever: 2022, with € 2.4 million profit.
A new publication or filing at ARTSIDE DEVELOPMENT? We notify you, reason included.
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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
The stake of SOCIETE INDUSTRIELLE DE SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARTSIDE DEVELOPMENTBehind ARTSIDE DEVELOPMENT is RACHEL VANDERBECKEN. The shares are held by SOCIETE INDUSTRIELLE DE SERVICES (0%). It owns 100% of ALPHI GROUP and 100% of KARMALA TRANSPORTES MARITIMOS itself.
Directors
According to the 2025 annual accounts
since 2020
Shareholders
Participations
ALPHI GROUP
100%
KARMALA TRANSPORTES MARITIMOS
100%
Establishments
Establishment units
Physical locations of this company
Terkamerenlaan 17
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →REST HOME INVEST
€ -31,801 gross margin · 2025
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€ 75,000 revenue · 2025
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ENTROPIA
€ 14,290 gross margin · 2025
CEDIMMO same network
€ 255,432 gross margin · 2025
+22 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
- 0843.005.521
- VAT number
- BE 0843.005.521
- Registered office
- Terkamerenlaan 17, 1000 Brussel
- Names & denominations
- ARTSIDE DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2012
- Peppol
- Not registered