ACTIVE

Artinian

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Financial year 2025 · Closed on 31/12/2025

Net result424 k €+31,7 %over 1 year

Revenue15,3 M €+16,0 %over 1 year

Equity6 M €+7,6 %over 1 year

Workforce0,2 ETP-75,0 %over 1 year

Identity

Source · BCE/KBO

Artinian is a Public limited company incorporated in 1976. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Antwerpen. It employs on average 0,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0416.440.301
Incorporation: 07/10/1976
Legal form: Public limited company
Registered office: Pelikaanstraat 62
2018 Antwerpen · FlandreSee on map
Contributed capital: 750 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,2 ETP

Activities (NACE)

46480Wholesale of watches and jewellery· main 46480Wholesale of watches and jewellery 46761Wholesale of other intermediate products 46861Wholesale trade, except of motor vehicles and motorcycles 51474Air transport 51561Air transport

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	15,3 M €	+16.0%	13,2 M €	-5.2%	13,9 M €	-26.7%	19 M €	+10.0%	17,3 M €
EBITDA	464,8 k €	+27.8%	363,5 k €	+665%	-64,3 k €	-105%	1,3 M €	+32.3%	973,6 k €
Operating result	463,2 k €	+28.2%	361,4 k €	+627%	-68,6 k €	-105%	1,3 M €	+12.1%	1,1 M €
Net result	424 k €	+31.7%	321,9 k €	+381%	-114,7 k €	-109%	1,2 M €	+10.1%	1,1 M €
Balance sheet
Equity	6 M €	+7.6%	5,6 M €	-7.2%	6,1 M €	-10.0%	6,7 M €	+10.3%	6,1 M €
Total assets	9,7 M €	+6.4%	9,1 M €	+11.9%	8,2 M €	-19.8%	10,2 M €	-3.3%	10,5 M €
Cash	1,3 M €	-22.5%	1,7 M €	+25.9%	1,4 M €	-40.8%	2,3 M €	+27.4%	1,8 M €
Debts	3,7 M €	+4.6%	3,5 M €	+66.6%	2,1 M €	-38.7%	3,5 M €	-22.0%	4,4 M €
Other
Workforce	0,2 ETP	-75.0%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period
Raffi Artinian	Afgevaardigd Bestuurder21/09/2022 → 06/03/2028Mandate29/04/2016 → 2021 accountsendedManaging director29/04/2016 → 2019 accountsendedDirector28/03/2004 → 2014 accountsended
Varoujean Artinian	Afgevaardigd Bestuurder21/09/2022 → 06/03/2028Mandate29/04/2016 → 2021 accountsendedManaging director28/03/2004 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period
Varoujean Artininan	Afgevaardigd Bestuurder21/09/2022 → 2022 accounts
YARAWANT ARTINIAN	Manager28/03/2004 → 2009 accounts
RIK VAN CACKENBERGHE	Mandate2008 accounts

Other companies at this address

Pelikaanstraat 62 2018 Antwerpen

Company	CBE no.
ACHINTYA JEWELS● Active	0804.410.310
ADAMAS ANTWERP● Active	0739.621.238
ADLER R.● Active	0863.211.413
AFINI DIAMONDS● Active	0518.880.021
AJ EUROPE● Active	0735.993.339
AMBEL INVEST● Active	0404.927.191
ANELLI ORO● Active	0455.633.645
ANTEX INTERNATIONAL DIAMOND CY● Active	0452.154.018
ANTWERP BRILLIANT● Bankrupt	0473.305.758
A.O.T. DIAMONDS● Bankrupt	0462.326.051
ARCADIA DIAMONDS● Active	0880.725.653
ATHENA DIAMOND● Active	0732.629.716
ATLAS GEMS● Active	0458.817.918
ATZMON● Active	0863.664.244
A.V. Gumuchdjian● Active	0404.959.954
A. ZEIDAN'S SONS● Active	0427.945.291
BARSAMIAN DIAMONDS● Active	0404.932.537
BC Holding● Active	0886.017.497
Beauty Gems● Active	0466.572.572
BEDIMEX● Active	0452.776.204

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	15/09/2026	11/09/2025	26/07/2024	31/08/2023	29/09/2022	30/09/2021
General meeting	04/09/2026	22/07/2025	22/07/2024	30/08/2023	21/09/2022	13/09/2021
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

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/09/2026	15/09/2026	Dutch	PDF
Full model	31/12/2024	22/07/2025	11/09/2025	Dutch	PDF
Full model	31/12/2023	22/07/2024	26/07/2024	Dutch	PDF
Full model	31/12/2022	30/08/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	21/09/2022	29/09/2022	Dutch	PDF
Full model	31/12/2020	13/09/2021	30/09/2021	Dutch	PDF
Full model	31/12/2019	02/09/2020	27/10/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	27/04/2018	04/06/2018	Dutch	PDF
Full model	31/12/2016	19/05/2017	12/06/2017	Dutch	PDF
Full model	31/12/2015	29/04/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	30/04/2015	02/06/2015	Dutch	PDF
Full model	31/12/2013	31/03/2014	24/04/2014	Dutch	PDF
Full model	31/12/2012	26/03/2013	27/05/2013	Dutch	PDF
Full model	31/12/2011	26/03/2012	13/04/2012	Dutch	PDF
Full model	31/12/2010	04/04/2011	26/05/2011	Dutch	PDF
Full model	31/12/2009	22/03/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	30/03/2009	16/06/2009	Dutch	PDF
Full model	31/12/2007	28/03/2008	29/08/2008	Dutch	PDF
Full model	31/12/2006	07/05/2007	28/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period
Raffi Artinian	Afgevaardigd Bestuurder21/09/2022 → 06/03/2028Mandate29/04/2016 → 2021 accountsendedManaging director29/04/2016 → 2019 accountsendedDirector28/03/2004 → 2014 accountsended
Varoujean Artinian	Afgevaardigd Bestuurder21/09/2022 → 06/03/2028Mandate29/04/2016 → 2021 accountsendedManaging director28/03/2004 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period
Varoujean Artininan	Afgevaardigd Bestuurder21/09/2022 → 2022 accounts
YARAWANT ARTINIAN	Manager28/03/2004 → 2009 accounts
RIK VAN CACKENBERGHE	Mandate2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2013
ONTSLAGEN - BENOEMINGEN
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

Varoujean Artinian

Raffi Artinian

Varoujean Artininan

YARAWANT ARTINIAN

RIK VAN CACKENBERGHE

19761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Artinian

Pelikaanstraat 62, 2000 Antwerp

Afgevaardigd BestuurderManaging director

Afgevaardigd BestuurderManaging directorDirector

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Pelikaanstraat 62, 2018 Antwerp-2018Current		CBE
Pelikaanstraat 62, 2000 Antwerp	accounts 2025	Accounts 2025 · 2026-00516346
Pelikaanstraat 62, 2018 Antwerp-2018	accounts 2024	Accounts 2024 · 2025-00494134
Pelikaanstraat 62, 2000 Antwerp	accounts 2021 → 2023	Accounts 2023 · 2024-00299474

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ArtinianCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00516346

Events

2025
Annual accounts 2025424 k €↑
2024
Annual accounts 2024321,9 k €↑
2023
Annual accounts 2023-114,7 k €↓
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020133,2 k €↓
2019
Annual accounts 2019489,1 k €↑
2018
Annual accounts 2018357,5 k €↓
2017
Annual accounts 2017498,5 k €↑
2015
Annual accounts 2015189,4 k €↓
2014
Annual accounts 2014219,6 k €↑
2013
Annual accounts 2013204,3 k €↓
2012
Annual accounts 2012303,5 k €↓
2011
Annual accounts 2011443,4 k €↓
2010
Annual accounts 2010641 k €↑
2009
Annual accounts 2009219 k €↓
2008
Annual accounts 2008689,8 k €↓
2007
Annual accounts 2007744,1 k €
07/10/1976
IncorporationPublic limited company

Artinian

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