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 4 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ARTHA from Merelbeke-Melle, company number BE0864667403, closed financial year 2024 with a result of € 12,435 after tax. For that financial year ARTHA recorded a gross margin of € 100,177 and equity of € 474,359. Compared with financial year 2023, the result moved from € -39,399 to € 12,435. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2025.
€ 474,359
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,435
▲ still € 39,399 loss in 2023
Profit after tax over the fiscal year.
€ 2,122
▼ 91% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 455,759.
People and assets in 2024
€ 17,301
▲ 31% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,274
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 128,566 | € 561,746 | € 48,183 | € 100,177 | ▲ 108% |
| Profit after taxes | € 39,046 | € 360,515 | € -39,399 | € 12,435 | ▲ € 51,835 |
| Equity | € 140,808 | € 501,323 | € 461,923 | € 474,359 | ▲ 3% |
| Total debts | € 1,018,922 | € 947,192 | € 582,899 | € 605,569 | ▲ 4% |
| Cash | € 23,437 | € 113,006 | € 24,394 | € 2,122 | ▼ 91% |
| Land & buildings | € 903,910 | € 934,380 | € 943,470 | € 1,004,041 | ▲ 6% |
| Retained profit | € 122,208 | € 482,723 | € 443,323 | € 455,759 | ▲ 3% |
| Bank debt | € 0 | € 24,883 | € 0 | € 0 | |
| Balance sheet total | € 1,159,730 | € 1,448,515 | € 1,044,823 | € 1,079,928 | ▲ 3% |
Key figures of ARTHA, fiscal years 2022 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 ARTHA?
What happened at ARTHA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 12,435. filed late Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
- Christian Dhaenens became a director. NBB
In short
From € 39,046 profit in 2022 to € 12,435 profit in 2024.
Paid € 145,660 in corporate taxes since 2022.
Best year ever: 2023, with € 360,515 profit.
Management
Behind ARTHA is Christian Dhaenens.
Directors
According to the 2024 annual accounts
Christian Dhaenens
Manager
since 2004
Establishments
Establishment units
Physical locations of this company
Collegebaan 55
9090 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0864.667.403
- VAT number
- BE 0864.667.403
- Registered office
- Collegebaan 55, 9090 Merelbeke-Melle
- Names & denominations
- ARTHA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 2004
- Peppol
- Active · Active since 26 Feb 2026
- Activities · NACE
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