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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTI PAIN from Lokeren, company number BE1005423410, closed financial year 2025 with a result of € 200 after tax. For that financial year ARTI PAIN recorded a gross margin of € 130,858 and equity of € 16,549. Compared with financial year 2024, the result moved from € 10,349 to € 200. 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 November 11, 2026.
€ 16,549
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 200
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 4,197
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10,549.
People and assets in 2025
6
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 108,939
▲ 68% vs 2024
€ 18,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,586
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 28,655
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,631
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 397,424 | - | |
| Gross margin | € 96,100 | € 130,858 | ▲ 36% |
| Profit after taxes | € 10,349 | € 200 | ▼ 98% |
| Equity | € 16,349 | € 16,549 | ▲ 1% |
| Total debts | € 77,271 | € 60,488 | ▼ 22% |
| Cash | € 27,462 | € 4,197 | ▼ 85% |
| Retained profit | € 10,349 | € 10,549 | ▲ 2% |
| Balance sheet total | € 93,620 | € 77,037 | ▼ 18% |
| Employees (FTE) | 5 | 6 | ▲ 1 |
By gross margin, ARTI PAIN ranks 33rd of 44 companies with main activity “Industriële vervaardiging van brood en van vers banketbakkerswerk” in East Flanders that publish figures (fiscal year 2025).
Key figures of ARTI PAIN, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about ARTI PAIN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ARTI PAIN?
What happened at ARTI PAIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 200 (▼ 98% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
In short
From € 10,349 profit in 2024 to € 200 profit in 2025.
Best year ever: 2024, with € 10,349 profit.
On average € 21,800 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Kerkstraat 63
9160 Lokeren
Brugsken 64 box 5
9100 Sint-Niklaas
Active since 15 October 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Similar companies in East Flanders
Same main activity (Industriële vervaardiging van brood en van vers banketbakkerswerk), 64 active companies in East Flanders, largest first.
€ 956 million revenue · 2025 · Gent
€ 522.4 million revenue · 2022 · Ninove
€ 151.3 million revenue · 2022 · Erpe-Mere
€ 67.8 million revenue · 2026 · Zele
€ 64.2 million revenue · 2025 · Erpe-Mere
€ 35.5 million revenue · 2025 · Erpe-Mere
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 ↗- EL BAKALI Mohamed(oprichter) 50%
- BOULAKHRIF Abdelouafi(oprichter) 50%
Details
- Company number
- 1005.423.410
- VAT number
- BE 1005.423.410
- Registered office
- Kerkstraat 63, 9160 Lokeren
- Names & denominations
- ARTI PAIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2024
- Peppol
- Active · Active since 6 May 2026
- Activities · NACE
Industriële vervaardiging van brood en van vers banketbakkerswerk
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Vervaardiging van beschuit en biscuit en van ander houdbaar banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)