ACTIVE

STATE OF ART

Financial year 2024 · Closed on 31/12/2024

Net result4,4 k €-90,6 %over 1 year
Gross margin10,4 k €-79,0 %over 1 year
Equity159,4 €+103,8 %over 1 year

Identity

Source · BCE/KBO

STATE OF ART is a Private limited company incorporated in 2020. Its main activity is: Activities of head offices. Its registered office is in Ronse.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0741.524.814
Incorporation
14/01/2020
Legal form
Private limited company
Registered office
Rue Neuve du Pont 27
9600 Ronse · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 4 financial years

2024202320222021
Income statement
Gross margin10,4 k €49,4 k €31,1 k €3,1 k €
EBITDA7,6 k €48,6 k €-44,6 k €-51,7 €
Operating result6,4 k €47,2 k €-46 k €-1,4 k €
Net result4,4 k €46,7 k €-51,9 k €-2,4 k €
Balance sheet
Equity159,4 €-4,2 k €-50,9 k €971,3 €
Total assets82,4 k €50,6 k €58,7 k €117,7 k €
Cash–0 €1,4 k €–
Debts80,5 k €54,8 k €109,6 k €116,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

Jorre Verhellen

Director · since 14 janvier 2020

Active

Ended mandates

Jorre Verhellen

Director

Ended

Other companies at this address

Rue Neuve du Pont 27 9600 Ronse
CompanyCBE no.
FIRMA VERHELLEN● Active
0742.811.647
Group Verhellen● Active
0700.918.832
VZW ENOS● Active
0654.725.155

Full financial information

Source · NBB
20242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months
Filing date25/08/202513/05/202428/09/202331/08/202230/09/2021
General meeting22/08/202526/04/202431/08/202325/06/202231/08/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202422/08/202525/08/2025DutchPDF
Micro model31/12/202326/04/202413/05/2024DutchPDF
Micro model31/12/202231/08/202328/09/2023DutchPDF
Micro model31/12/202125/06/202231/08/2022DutchPDF
Micro model31/12/202031/08/202130/09/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

Jorre Verhellen

Director · since 14 janvier 2020

Active

Ended mandates

Jorre Verhellen

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office11/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office06/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other16/01/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 20244,4 k €↓
  2. 2023
    Annual accounts 202346,7 k €↑
  3. 2022
    Annual accounts 2022-51,9 k €↓
  4. 2021
    Annual accounts 2021-2,4 k €
  5. 14/01/2020
    IncorporationPrivate limited company