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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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
ITS ART from Zoutleeuw, company number BE0894630109, closed financial year 2023 with a result of € 677 after tax. For that financial year ITS ART recorded a gross margin of € 5,811 and equity of € 26,684. Compared with financial year 2022, the result moved from € 2,466 to € 677. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2024.
€ 26,684
▲ 3% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 677
▼ 73% vs 2022
Profit after tax over the fiscal year.
€ 14,746
▲ 208% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 8,084.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,467
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 13,641
▲ 263% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 17,713
▼ 54% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2020 | 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|---|
| Gross margin | € 12,472 | € -732 | € 4,967 | € 5,811 | ▲ 17% |
| Profit after taxes | € -8,332 | € -8,678 | € 2,466 | € 677 | ▼ 73% |
| Equity | € 32,219 | € 23,541 | € 26,006 | € 26,684 | ▲ 3% |
| Total debts | € 70,142 | € 75,722 | € 80,105 | € 90,226 | ▲ 13% |
| Cash | € 11,993 | € 6,460 | € 4,790 | € 14,746 | ▲ 208% |
| Land & buildings | € 1,623 | € 1,199 | € 869 | € 538 | ▼ 38% |
| Retained profit | € 13,619 | € 4,941 | € 7,406 | € 8,084 | ▲ 9% |
| Balance sheet total | € 102,361 | € 99,262 | € 106,111 | € 116,910 | ▲ 10% |
Key figures of ITS ART, fiscal years 2020 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 ITS ART?
What happened at ITS ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 677 (▼ 73% vs 2022). filed late Source: NBB ↗
- New establishment in Zoutleeuw. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,332 loss in 2020 to € 677 profit in 2023.
Paid € 16,013 in corporate taxes since 2020.
Best year ever: 2022, with € 2,466 profit.
A new publication or filing at ITS ART? 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
Directors
According to the 2023 annual accounts
Bart Gits
Director
Establishments
Establishment units
Physical locations of this company
Linterseweg 108
3440 Zoutleeuw
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.
Details
- Company number
- 0894.630.109
- VAT number
- BE 0894.630.109
- Registered office
- Linterseweg 108, 3440 Zoutleeuw
- Names & denominations
- ITS ART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2008
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Vervaardiging van muziekinstrumenten
Overige recreatie- en ontspanningsactiviteiten, neg
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Reparatie en onderhoud van consumentenartikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.