OPENING OF BANKRUPTCY

ART3M

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Financial year 2024 · closed on 31/12/2024
Net result
-202,4 k €
-706.4% YoY
Gross margin
204,8 k €
-43.8% YoY
Equity
-89,7 k €
-179.6% YoY

Company — Opening of bankruptcy.

What does ART3M do?

ART3M is a Private limited company incorporated in 2015. Its main activity is: Service activities incidental to land transportation. Its registered office is in Hasselt.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0597.854.550
Incorporation
10/02/2015
Legal form
Private limited company
Registered office
Koning Boudewijnlaan 20A
3500 Hasselt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
52210Service activities incidental to land transportation· main52210Service activities incidental to land transportation43212Electrical installation43212Electrical installation77110Rental and leasing of cars and light motor vehicles77110Rental and leasing of cars and light motor vehicles
Joint committees (2)
  • 124
  • 200
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202420232022202120192018201720162015
Income statement
Gross margin204,8 k €364,6 k €591,5 k €140,7 k €-106,6 €3,4 k €17,7 k €7,4 k €13,6 k €
EBITDA-111,6 k €103,2 k €154,4 k €1,2 k €-633,5 €2,3 k €5,8 k €6,2 k €766,5 €
Operating result-179,1 k €53,0 k €136,0 k €-4,7 k €-1,6 k €660,7 €4,3 k €-3,8 k €761,5 €
Net result-202,4 k €33,4 k €84,5 k €-6,7 k €-3,4 k €238,8 €1,2 k €-5,0 k €0,0 €
Balance sheet
Equity-89,7 k €112,7 k €79,3 k €-5,2 k €11,6 k €15,0 k €14,8 k €13,6 k €18,6 k €
Total assets354,1 k €461,5 k €241,0 k €99,2 k €18,1 k €31,4 k €44,0 k €63,8 k €75,9 k €
Cash–0,0 €1,4 k €5,3 k €936,1 €2,7 k €1,8 k €1,4 k €4,3 k €
Debts436,9 k €345,9 k €161,5 k €104,4 k €6,4 k €16,4 k €29,3 k €50,2 k €57,3 k €
Other
Workforce––––––––0,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

DORIEN BOFFIN

Director · since 01 juillet 2021

Active

Ended mandates

FOAD M'CHAAR

Director · since 05 novembre 2020

Ended
Foad Hafid MChaar

Manager · until 07 septembre 2015

Ended
FOAD M'CHAAR

Director · until 16 septembre 2021

Ended
Peter Salaert

Manager

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202514/08/202426/04/202317/08/202215/07/202121/08/2020
General meeting30/06/202530/06/202420/04/202303/06/202204/06/202105/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202524/07/2025DutchPDF
Micro model31/12/202330/06/202414/08/2024DutchPDF
Micro model31/12/202220/04/202326/04/2023DutchPDF
Micro model31/12/202103/06/202217/08/2022DutchPDF
Micro model31/12/202004/06/202115/07/2021DutchPDF
Micro model31/12/201905/06/202021/08/2020DutchPDF
Micro model31/12/201807/06/201909/07/2019DutchPDF
Micro model31/12/201701/06/201820/07/2018DutchPDF
Micro model31/12/201602/06/201720/07/2017DutchPDF
Abridged model31/12/201503/06/201608/07/2016DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

DORIEN BOFFIN

Director · since 01 juillet 2021

Active

Ended mandates

FOAD M'CHAAR

Director · since 05 novembre 2020

Ended
Foad Hafid MChaar

Manager · until 07 septembre 2015

Ended
FOAD M'CHAAR

Director · until 16 septembre 2021

Ended
Peter Salaert

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office01/08/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office17/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office11/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office15/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/11/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-202,4 k €↓
  2. 2023
    Annual accounts 202333,4 k €↓
  3. 2022
    Annual accounts 202284,5 k €↑
  4. 2021
    Annual accounts 2021-6,7 k €↓
  5. 2019
    Annual accounts 2019-3,4 k €↓
  6. 2018
    Annual accounts 2018238,8 €↓
  7. 2017
    Annual accounts 20171,2 k €↑
  8. 2016
    Annual accounts 2016-5,0 k €↓
  9. 2016
    Name changeART3M
  10. 2015
    Annual accounts 20150,0 €
  11. 10/02/2015
    IncorporationPrivate limited company
  12. 2015
    Name changePETER & FOAD