ACTIVE

ARTES GROUP

Financial year 2025 · Closed on 31/12/2025

Net result59,1 M €+281,8 %over 1 year
Revenue4,4 M €-5,1 %over 1 year
Equity70,5 M €+193,3 %over 1 year
Workforce5,9 ETP+20,4 %over 1 year

Identity

Source · BCE/KBO

ARTES GROUP is a Public limited company incorporated in 1981. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 5,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.570.314
Incorporation
15/04/1981
Legal form
Public limited company
Registered office
Burchtstraat 89
9150 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
62 500,00 €
Latest accounts
31/12/2025
Average workforce
5,9 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 39 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue4,4 M €4,6 M €4,1 M €3,3 M €3,3 M €
EBITDA94,8 k €-141,9 k €351,9 k €449,8 k €128,3 k €
Operating result-36,9 k €-290,8 k €171,2 k €265,4 k €-76,2 k €
Net result59,1 M €15,5 M €14,9 M €21 M €62,6 M €
Balance sheet
Equity70,5 M €24 M €21,2 M €18,9 M €10,5 M €
Total assets85,8 M €52,3 M €53,2 M €61,2 M €98,8 M €
Cash74,1 k €274,6 k €445,1 k €2,6 M €36,8 M €
Debts15,1 M €27,9 M €31,8 M €42,3 M €88,3 M €
Other
Workforce5,9 ETP4,9 ETP6,0 ETP5,0 ETP5,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 31 ended

Active mandates

Matthias Hoornaert

Director · since 07 juin 2023 · until 03 juin 2026

Active
ROBERT HOORNAERT

Managing director · since 07 juin 2023 · until 03 juin 2026

Active
Windhoek

Director · since 07 juin 2023 · until 03 juin 2026 · 0545.886.306

Represented by G. Van Ooteghem

Active

Ended mandates

PAUL Ir PLASSCHAERT

Director · since 03 juin 2020 · until 07 juin 2023

Ended
ROBERT HOORNAERT

Managing director · since 03 juin 2020 · until 07 juin 2023

Ended
Windhoek

Director · since 03 juin 2020 · until 07 juin 2023 · 0545.886.306

Represented by G. Van Ooteghem

Ended
PAUL Ir PLASSCHAERT

Director · since 07 juin 2017 · until 03 juin 2020

Ended

Other companies at this address

Burchtstraat 89 9150 Beveren-Kruibeke-Zwijndrecht
CompanyCBE no.
ARTES ENERGIES● Active
1001.734.143
Artes Roegiers● Active
0405.800.983
0683.477.143
0658.769.164
0661.764.484
0694.547.120
Artes Terra● Active
0534.959.156
0777.423.128
RINKONIEN● Active
0666.848.175
0697.617.169
0778.948.404
RINK OWK● Active
0780.863.559
0691.811.819
0684.361.031
0712.735.808
0526.830.358
0566.916.993
0679.515.385
0691.675.524
0650.770.228

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date07/07/202608/07/202517/06/202429/06/202329/06/202230/06/2021
General meeting03/06/202618/06/202505/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202503/06/202607/07/2026DutchPDF
Full model31/12/202418/06/202508/07/2025DutchPDF
Consolidated accounts31/12/202418/06/202501/08/2025DutchPDF
Full model31/12/202305/06/202417/06/2024DutchPDF
Consolidated accounts31/12/202305/06/202402/07/2024DutchPDF
Full model31/12/202207/06/202329/06/2023DutchPDF
Consolidated accounts31/12/202207/06/202305/07/2023DutchPDF
Full model31/12/202101/06/202229/06/2022DutchPDF
Consolidated accounts31/12/202101/06/202229/06/2022DutchPDF
Full model31/12/202002/06/202130/06/2021DutchPDF
Consolidated accounts31/12/202002/06/202130/06/2021DutchPDF
Full model31/12/201903/06/202019/06/2020DutchPDF
Consolidated accounts31/12/201903/06/202019/06/2020DutchPDF
Full model31/12/201805/06/201928/06/2019DutchPDF
Consolidated accounts31/12/201805/06/201911/07/2019DutchPDF
Full model31/12/201706/06/201815/06/2018DutchPDF
Consolidated accounts31/12/201706/06/201827/06/2018DutchPDF
Full model31/12/201607/06/201720/06/2017DutchPDF
Consolidated accounts31/12/201607/06/201720/06/2017DutchPDF
Full model31/12/201501/06/201614/06/2016DutchPDF
Consolidated accounts31/12/201501/06/201606/07/2016DutchPDF
Full model31/12/201403/06/201516/06/2015DutchPDF
Consolidated accounts31/12/201403/06/201516/06/2015DutchPDF
Full model31/12/201304/06/201410/07/2014DutchPDF

View all 39 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

3 active · 31 ended

Active mandates

Matthias Hoornaert

Director · since 07 juin 2023 · until 03 juin 2026

Active
ROBERT HOORNAERT

Managing director · since 07 juin 2023 · until 03 juin 2026

Active
Windhoek

Director · since 07 juin 2023 · until 03 juin 2026 · 0545.886.306

Represented by G. Van Ooteghem

Active

Ended mandates

PAUL Ir PLASSCHAERT

Director · since 03 juin 2020 · until 07 juin 2023

Ended
ROBERT HOORNAERT

Managing director · since 03 juin 2020 · until 07 juin 2023

Ended
Windhoek

Director · since 03 juin 2020 · until 07 juin 2023 · 0545.886.306

Represented by G. Van Ooteghem

Ended
PAUL Ir PLASSCHAERT

Director · since 07 juin 2017 · until 03 juin 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other26/08/2026
    17 AUG. 2026
    PDF
  • Mandates21/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates26/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/08/2020
    DIVERSEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 01/02/2026
    nominationRobert HOORNAERT — bijzondere machtigingen
  2. 01/02/2026
    nominationMatthias HOORNAERT — vaste vertegenwoordiger (BV MATTERHORN) / bijzondere machtigingen
  3. 01/02/2026
    nominationKoenraad VAN ACKER — vaste vertegenwoordiger (BV ADKOSY) / bijzondere machtigingen
  4. 01/02/2026
    nominationJohan VAN OVERWALLE — vaste vertegenwoordiger (BV ELCONSTRUCT) / bijzondere machtigingen
  5. 01/02/2026
    nominationEllen VERHELST — bijzondere machtigingen
  6. 01/02/2026
    nominationNele BOSMAN — bijzondere machtigingen
  7. 01/02/2026
    nominationEmilie DE GROOTE — bijzondere machtigingen
  8. 2025
    Annual accounts 202559,1 M €↑
  9. 18/06/2025
    nominationRia Verheyen — commissaris
  10. 2024
    Annual accounts 202415,5 M €↑
  11. 2023
    Annual accounts 202314,9 M €↓
  12. 07/06/2023
    nominationRobert HOORNAERT — bestuurder
  13. 07/06/2023
    reconductionRobert HOORNAERT — Gedelegeerd Bestuurder
  14. 07/06/2023
    nominationMatthias HOORNAERT — bestuurder
  15. 07/06/2023
    nominationBV WINDHOEK — bestuurder
  16. 2022
    Annual accounts 202221 M €↓
  17. 01/06/2022
    nominationRia Verheyen — commissaris
  18. 2021
    Annual accounts 202162,6 M €↑
  19. 2020
    Annual accounts 202017 M €↑
  20. 2019
    Annual accounts 20195,7 M €↓
  21. 2018
    Annual accounts 20188,9 M €↑
  22. 2017
    Annual accounts 20174,3 M €↓
  23. 2016
    Annual accounts 201614,7 M €↑
  24. 2015
    Annual accounts 20157,1 M €↑
  25. 2014
    Annual accounts 20146,1 M €↓
  26. 2013
    Annual accounts 201333,1 M €↑
  27. 2012
    Annual accounts 20127,4 M €↓
  28. 2011
    Annual accounts 201111,2 M €↑
  29. 2010
    Annual accounts 20103 M €↓
  30. 2009
    Annual accounts 200923,5 M €↑
  31. 2008
    Annual accounts 20087,9 M €↑
  32. 2007
    Annual accounts 20075 M €↑
  33. 2006
    Annual accounts 20064,8 M €
  34. 15/04/1981
    IncorporationPublic limited company