ACTIVE

Artec

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result615,1 k €-17,5 %over 1 year

Gross margin2,1 M €-5,1 %over 1 year

Equity3,8 M €-1,4 %over 1 year

Workforce23,7 ETP-7,8 %over 1 year

Identity

Source · BCE/KBO

Artec is a Public limited company incorporated in 1970. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Huy. It employs on average 23,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0408.331.990
Incorporation: 30/12/1970
Legal form: Public limited company
Registered office: Quai de Compiègne 73
4500 Huy · WallonieSee on map
Contributed capital: 158 625,30 €
Latest accounts: 31/12/2025
Average workforce: 23,7 ETP

Activities (NACE)

47521Retail sale of hardware, paints and glass in specialised stores· main 47521Retail sale of hardware, paints and glass in specialised stores 52462Warehousing and support activities for transportation 46431Wholesale of electrical household appliances 46431Wholesale of electrical household appliances 47120Retail sale in non-specialised stores+5

Joint committees (5)

100
10000
14904
201
20100

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,1 M €	-5.1%	2,2 M €	-7.9%	2,4 M €	-9.8%	2,7 M €	-7.0%	2,9 M €
EBITDA	965,1 k €	-15.2%	1,1 M €	-14.0%	1,3 M €	-21.8%	1,7 M €	-11.5%	1,9 M €
Operating result	666,9 k €	-19.4%	827,1 k €	-15.1%	973,8 k €	-20.7%	1,2 M €	-13.5%	1,4 M €
Net result	615,1 k €	-17.5%	745,4 k €	-11.3%	840,1 k €	-18.6%	1 M €	-14.1%	1,2 M €
Balance sheet
Equity	3,8 M €	-1.4%	3,8 M €	-0.9%	3,8 M €	-22.4%	5 M €	-1.4%	5 M €
Total assets	6,9 M €	-13.3%	7,9 M €	+3.9%	7,6 M €	-24.7%	10,1 M €	+3.5%	9,8 M €
Cash	708,9 k €	-63.9%	2 M €	+264%	539,7 k €	-79.4%	2,6 M €	+122%	1,2 M €
Debts	2,8 M €	-27.2%	3,9 M €	+10.5%	3,5 M €	-28.6%	4,9 M €	+9.7%	4,5 M €
Other
Workforce	23,7 ETP	-7.8%	25,7 ETP	-9.8%	28,5 ETP	+6.3%	26,8 ETP	-5.3%	28,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GIKINVEST0632.803.848Represented by Gilles Delvaux	Directorsince 22/12/2020Managing director01/07/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André Delvaux	Director21/06/2013 → 2020 accountsManaging director21/06/2013 → 2016 accounts

Other companies at this address

Quai de Compiègne 73 4500 Huy

Company	CBE no.
GIKINVEST● Active	0632.803.848

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	17/07/2025	03/07/2024	20/06/2023	27/06/2022	23/06/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	03/07/2026	French	PDF
Abridged model	31/12/2024	20/06/2025	17/07/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	03/07/2024	French	PDF
Abridged model	31/12/2022	16/06/2023	20/06/2023	French	PDF
Abridged model	31/12/2021	17/06/2022	27/06/2022	French	PDF
Abridged model	31/12/2020	18/06/2021	23/06/2021	French	PDF
Abridged model	31/12/2019	19/06/2020	22/06/2020	French	PDF
Abridged model	31/12/2018	21/06/2019	11/07/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	21/06/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	06/07/2017	French	PDF
Full model	31/12/2015	17/06/2016	22/06/2016	French	PDF
Full model	31/12/2014	29/06/2015	09/07/2015	French	PDF
Full model	31/12/2013	20/06/2014	26/06/2014	French	PDF
Full model	31/12/2012	21/06/2013	17/07/2013	French	PDF
Full model	31/12/2011	15/06/2012	13/07/2012	French	PDF
Full model	31/12/2010	17/06/2011	30/06/2011	French	PDF
Full model	31/12/2009	18/06/2010	07/07/2010	French	PDF
Full model	31/12/2008	19/06/2009	01/07/2009	French	PDF
Full model	31/12/2007	20/06/2008	23/06/2008	French	PDF
Full model	31/12/2006	15/06/2007	21/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GIKINVEST0632.803.848Represented by Gilles Delvaux	Directorsince 22/12/2020Managing director01/07/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André Delvaux	Director21/06/2013 → 2020 accountsManaging director21/06/2013 → 2016 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/09/2021
DEMISSIONS, NOMINATIONS
PDF
Other28/12/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/07/2019
DEMISSIONS, NOMINATIONS
PDF
Restructuring11/09/2015
ASSEMBLEE GENERALE - ANNEE COMPTABLE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates06/08/2015
DEMISSIONS, NOMINATIONS
PDF
Restructuring24/06/2015
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates13/08/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares14/01/2009
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

GIKINVEST

André Delvaux

Gilles DELVAUX

Martine VILLERS

Benoît DELVAUX

Charles DELVAUX

197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Artec

Quai de Compiègne 73, 4500 Huy

DirectorManaging director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Quai de Compiègne 73, 4500 HuyCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00285597

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ArtecCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00285597

Events

2025
Annual accounts 2025615,1 k €↓
2024
Annual accounts 2024745,4 k €↓
2023
Annual accounts 2023840,1 k €↓
2022
Annual accounts 20221 M €↓
2021
Annual accounts 20211,2 M €↑
2018
Annual accounts 2018504,1 k €↑
2017
Annual accounts 2017483,5 k €↓
2016
Annual accounts 20161 M €↑
2015
Annual accounts 2015607,8 k €↓
2014
Annual accounts 2014622,5 k €↓
2013
Annual accounts 2013707,9 k €↓
2012
Annual accounts 2012792,7 k €↑
2011
Annual accounts 2011791,6 k €↑
2010
Annual accounts 2010780 k €↓
2009
Annual accounts 2009807,4 k €↑
2008
Annual accounts 2008578,2 k €↓
2007
Annual accounts 2007785,7 k €↑
2006
Annual accounts 2006672,2 k €
30/12/1970
IncorporationPublic limited company

Artec

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events