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 17 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
BYZ -ART from Ukkel, company number BE0898209310, closed financial year 2024 with a result of € -939,812 after tax. For that financial year BYZ -ART recorded a gross margin of € 37,550 and equity of € -1.3 million. Compared with financial year 2023, the result moved from € 280,300 to € -939,812. 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 December 19, 2025.
€ -1.3 million
▼ € 939,812 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -939,812
▼ still € 280,300 profit in 2023
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 616,134
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 809
▲ 256% vs 2023
Loans from banks and other lenders, long and short.
€ 1.2 million
▲ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 84,887
▼ 32% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | - | - | - | € 37,550 | |
| Profit after taxes | € -153,717 | € -307,079 | € 280,300 | € -939,812 | ▼ € 1.2 million |
| Equity | € -364,553 | € -671,632 | € -391,332 | € -1,331,144 | ▼ € 939,812 |
| Total debts | € 7,878,029 | € 11,700,565 | € 10,477,106 | € 11,402,954 | ▲ 9% |
| Cash | € 4,172 | € 101 | € 34 | € 0 | ▼ 100% |
| Land & buildings | - | € 3,518,928 | € 3,402,317 | € 3,356,786 | ▼ 1% |
| Retained profit | € -604,553 | € -911,632 | € -631,332 | € -1,571,144 | ▼ € 939,812 |
| Bank debt | € 6,624,481 | € 8,402,824 | € 227 | € 809 | ▲ 256% |
| Balance sheet total | € 8,022,278 | € 11,537,501 | € 10,085,774 | € 10,071,810 |
Key figures of BYZ -ART, 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 31 July 2026.
What happened to BYZ -ART?
What happened at BYZ -ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BYZ -ART is active according to the CBE. Legal situation: Opening faillissement.
- Gérald HIBERT stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 939,812 (▼ € 1.2 million vs 2023). filed late Source: NBB ↗
- Gérald HIBERT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 153,717 loss in 2021 to € 939,812 loss in 2024.
Paid € 65,395 in corporate taxes since 2021.
Best year ever: 2023, with € 280,300 profit.
Management
The stake of GROUPE GH, SOFONA, SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE, SOCIETE DE DEVELOPPEMENT RESIDENTIEL ET COMMERCIAL, COMPAGNIE BELGE D'INVESTISSEMENT COMMERCIAL, COMPAGNIE D'INVESTISSEMENT COMMERCIAL, IMMOBILIERE LES SORBIERS, IMMOBILIERE DEFACQZ - LIVOURNE, AGRIFOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BYZ -ARTThe shares are held by GROUPE GH (16.7%), SOFONA (10.4%), SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (10.4%), SOCIETE DE DEVELOPPEMENT RESIDENTIEL ET COMMERCIAL (10.4%), COMPAGNIE BELGE D'INVESTISSEMENT COMMERCIAL (10.4%) and COMPAGNIE D'INVESTISSEMENT COMMERCIAL (10.4%).
Directors
According to the 2024 annual accounts
Gérald HIBERT
Director
Also active at: Immobilière de la Toison d'Or, SOFONA, Immobilière Cordier, AGRIFOR, SINACO, IMMOBILIERE CHAMBERY, FAVOS, IMMOBILIERE ET FINANCIERE PIERRE ALEXANDRE +38 more
since 2025 · until 2031
Shareholders
16.7%
10.4%
10.4%
10.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1135
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →Immobilière de la Toison d'Or same network
€ 1.4 million revenue · 2024
Société d'Etudes et de Réalisations de la Galerie Louise
€ 254,653 revenue · 2024
SOFONA same network
€ 2.4 million revenue · 2024
Immobilière Cordier same network
€ 99,592 gross margin · 2024
AGRIFOR same network
€ 652,273 gross margin · 2024
+53 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
- 0898.209.310
- VAT number
- BE 0898.209.310
- Registered office
- Waterloosesteenweg 1135, 1180 Ukkel
- Names & denominations
- BYZ -ART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 29 May 2008
- Peppol
- Active · Active since 11 Jan 2026