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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Artikel 15 from Brugge, company number BE1022811946, closed financial year 2025 with a result of € 486 after tax. For that financial year Artikel 15 recorded a gross margin of € 17,847 and equity of € 10,486. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 10,486
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 486
Profit after tax over the fiscal year.
€ 8,078
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 486.
People and assets in 2025
€ 7,839
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,910
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 63,220
€ 8,794 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 13,127
Supplier invoices still open on the last day of the fiscal year.
€ 2,281
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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What happened to Artikel 15?
What happened at Artikel 15 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 486. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- Kim Declercq became a director. NBB
- Axel Lamote became a director. NBB
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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
Behind Artikel 15 are Kim Declercq and Axel Lamote. Axel Lamote is also behind Ngaliema.
Directors
According to the 2025 annual accounts
Kim Declercq
Director
since 2025
since 2025
Establishments
Establishment units
Physical locations of this company
Waalsestraat 23
8000 Brugge
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.
Details
- Company number
- 1022.811.946
- VAT number
- BE 1022.811.946
- Registered office
- Waalsestraat 23, 8000 Brugge
- Names & denominations
- Artikel 15
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2025
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Gastenkamers