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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ARTSABINE from Oudergem, company number BE0884358007, closed financial year 2024 with a result of € -18,571 after tax. For that financial year ARTSABINE recorded a gross margin of € 18,089 and equity of € -36,084. Compared with financial year 2023, the result moved from € 25,524 to € -18,571. 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 May 5, 2025.
€ -36,084
▼ € 18,571 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,571
▼ still € 25,524 profit in 2023
Profit after tax over the fiscal year.
€ 6,079
▼ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -54,684.
People and assets in 2024
€ 23
▼ 76% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16
▼ 97% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 132,657
▼ 12% vs 2023
€ 18,790 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 4,539
▼ 39% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 19,735 | € 10,592 | € 60,980 | € 18,089 | ▼ 70% |
| Profit after taxes | € -929 | € -12,064 | € 25,524 | € -18,571 | ▼ € 44,095 |
| Equity | € -30,973 | € -43,037 | € -17,513 | € -36,084 | ▼ € 18,571 |
| Total debts | € 267,156 | € 278,946 | € 304,612 | € 279,991 | ▼ 8% |
| Cash | € 1,980 | € 1,463 | € 27,652 | € 6,079 | ▼ 78% |
| Land & buildings | € 226,964 | € 209,552 | € 192,140 | € 185,866 | ▼ 3% |
| Retained profit | € -49,573 | € -61,637 | € -36,113 | € -54,684 | ▼ € 18,571 |
| Bank debt | € 185,435 | € 168,504 | € 150,278 | € 132,657 | ▼ 12% |
| Balance sheet total | € 236,184 | € 235,909 | € 287,099 | € 243,907 | ▼ 15% |
Key figures of ARTSABINE, 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 30 June 2026.
What happened to ARTSABINE?
What happened at ARTSABINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 18,571 (▼ € 44,095 vs 2023). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oudergem. KBO
In short
From € 929 loss in 2021 to € 18,571 loss in 2024.
Best year ever: 2023, with € 25,524 profit.
Management
Behind ARTSABINE are Dirk PETROONS and Tony PETROONS.
Directors
According to the 2024 annual accounts
Dirk PETROONS
Manager
Tony PETROONS
Associate
Establishments
Establishment units
Physical locations of this company
Edouard Pinoyplein 3
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- PETROONS Dirk(oprichter) 50%
- PETROONS Tony(oprichter) 50%
Details
- Company number
- 0884.358.007
- VAT number
- BE 0884.358.007
- Registered office
- Edouard Pinoyplein 3, 1160 Oudergem
- Names & denominations
- ARTSABINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2006
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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