ACTIVE

Artinar

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Financial year 2025 · closed on 31/12/2025
Net result
13,4 k €
+51.5% YoY
Gross margin
302,4 k €
+2.1% YoY
Equity
204,8 k €
+7.0% YoY
Workforce
3,0 ETP
0.0% YoY

What does Artinar do?

Artinar is a Private limited company incorporated in 1970. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Nieuwerkerken (Limb.). It employs on average 3,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0407.654.079
Incorporation
03/12/1970
Legal form
Private limited company
Registered office
Ambachtstraat 1125
3850 Nieuwerkerken (Limb.) · FlandreSee on map
Contributed capital
20 451,00 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines43211Electrical installation43211Electrical installation42220Construction of utility projects for electricity and telecommunications+14
Joint committees (4)
  • 149
  • 14901
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin302,4 k €296,3 k €436,6 k €504,2 k €605,7 k €572,9 k €459,3 k €599,4 k €840,9 k €875,5 k €769,2 k €401,7 k €414 k €338,9 k €298,9 k €48,3 k €364,2 k €95,6 k €26,8 k €
EBITDA127,2 k €98,4 k €104 k €110,8 k €107,7 k €96,5 k €118,3 k €137,5 k €126,1 k €94,9 k €99,1 k €73,3 k €42,1 k €44 k €54,3 k €-71 k €203,3 k €48,3 k €25 k €
Operating result38,5 k €29,5 k €27,6 k €25,9 k €29,2 k €22,9 k €26,8 k €15,1 k €18 k €3,2 k €30,8 k €19,4 k €7,8 k €6,5 k €13 k €-92,8 k €163,6 k €14,2 k €18,6 k €
Net result13,4 k €8,8 k €8,7 k €11,3 k €11,7 k €9,1 k €9,2 k €6,4 k €7,4 k €2,6 k €19,2 k €11,2 k €5,4 k €-5,5 k €17 k €-80,4 k €108,9 k €2,5 k €11,6 k €
Balance sheet
Equity204,8 k €191,4 k €182,6 k €173,9 k €162,6 k €150,9 k €141,8 k €132,6 k €126,2 k €118,7 k €116,1 k €96,9 k €85,7 k €80,3 k €85,8 k €68,8 k €149,2 k €40,3 k €37,8 k €
Total assets959,7 k €937,5 k €899 k €988,5 k €1,1 M €1,1 M €1,2 M €1,5 M €1,4 M €1,2 M €634,1 k €433,9 k €312,7 k €321,1 k €265,1 k €348,3 k €839,9 k €302,2 k €84 k €
Cash146,6 k €107,6 k €93 k €60,7 k €57,7 k €63,4 k €65,6 k €75,1 k €15,9 k €36,9 k €47 k €4,2 k €13,8 k €30,6 €5,6 €185,4 €66,8 k €10,7 k €–
Debts755 k €745,6 k €716,5 k €814,6 k €898,1 k €993,5 k €1,1 M €1,3 M €1,2 M €1,1 M €517 k €336,9 k €227 k €240,8 k €179,3 k €279,5 k €690,7 k €261,9 k €46,2 k €
Other
Workforce3,0 ETP3,0 ETP5,8 ETP8,0 ETP10,6 ETP7,1 ETP7,1 ETP10,5 ETP15,1 ETP16,5 ETP15,0 ETP7,2 ETP7,2 ETP6,0 ETP5,2 ETP2,7 ETP3,3 ETP1,2 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Tanja Soors

Director · since 16 mars 2023

Active
Ives Aerts

Director · since 07 décembre 2006

Active

Ended mandates

Ives Aerts

Manager · since 07 décembre 2006

Ended
Ives Aerts

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202631/08/202530/08/202402/02/202430/08/202229/10/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202226/08/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202628/08/2026DutchPDF
Abridged model31/12/202427/06/202531/08/2025DutchPDF
Abridged model31/12/202328/06/202430/08/2024DutchPDF
Abridged model31/12/202230/06/202302/02/2024DutchPDF
Abridged model31/12/202124/06/202230/08/2022DutchPDF
Abridged model31/12/202026/08/202129/10/2021DutchPDF
Abridged model31/12/201926/08/202030/11/2020DutchPDF
Abridged model31/12/201828/06/201919/08/2019DutchPDF
Abridged model31/12/201729/06/201828/08/2018DutchPDF
Abridged model31/12/201630/06/201716/08/2017DutchPDF
Abridged model31/12/201524/06/201631/08/2016DutchPDF
Abridged model31/12/201426/06/201531/08/2015DutchPDF
Abridged model31/12/201327/06/201430/09/2014DutchPDF
Abridged model31/12/201228/06/201323/08/2013DutchPDF
Abridged model31/12/201129/06/201206/08/2012DutchPDF
Abridged model31/12/201024/06/201112/08/2011DutchPDF
Abridged model31/12/200925/06/201030/08/2010DutchPDF
Abridged model31/12/200826/06/200919/08/2009DutchPDF
Abridged model31/12/200727/06/200830/07/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Tanja Soors

Director · since 16 mars 2023

Active
Ives Aerts

Director · since 07 décembre 2006

Active

Ended mandates

Ives Aerts

Manager · since 07 décembre 2006

Ended
Ives Aerts

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/12/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/02/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/01/2007
    MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares31/10/2006
    KAPITAAL - AANDELEN - BOEKJAAR - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office24/05/2005
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office20/08/2003
    MAATSCHAPPELIJKE ZETEL
    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. 2025
    Annual accounts 202513,4 k €↑
  2. 2024
    Annual accounts 20248,8 k €↑
  3. 2023
    Annual accounts 20238,7 k €↓
  4. 2022
    Annual accounts 202211,3 k €↓
  5. 2021
    Annual accounts 202111,7 k €↑
  6. 2020
    Annual accounts 20209,1 k €↓
  7. 2019
    Annual accounts 20199,2 k €↑
  8. 2018
    Annual accounts 20186,4 k €↓
  9. 2017
    Annual accounts 20177,4 k €↑
  10. 2016
    Annual accounts 20162,6 k €↓
  11. 2015
    Annual accounts 201519,2 k €↑
  12. 2014
    Annual accounts 201411,2 k €↑
  13. 2013
    Annual accounts 20135,4 k €↑
  14. 2012
    Annual accounts 2012-5,5 k €↓
  15. 2011
    Annual accounts 201117 k €↑
  16. 2010
    Annual accounts 2010-80,4 k €↓
  17. 2009
    Annual accounts 2009108,9 k €↑
  18. 2008
    Annual accounts 20082,5 k €↓
  19. 2007
    Annual accounts 200711,6 k €
  20. 03/12/1970
    IncorporationPrivate limited company