ACTIVE

Arte

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Financial year 2025 · closed on 31/12/2025

Net result

11 M €

-7.9% YoY

Revenue

71,9 M €

+10.9% YoY

Equity

28,9 M €

+15.4% YoY

Workforce

127,6 ETP

+9.9% YoY

What does Arte do?

Arte is a Public limited company incorporated in 1981. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Zonhoven. It employs on average 127,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.929.907

Incorporation

02/09/1981

Legal form

Public limited company

Registered office

Senator A. Jeurissenlaan 1210
3520 Zonhoven · FlandreSee on map

Contributed capital

285 000,00 €

Latest accounts

31/12/2025

Average workforce

127,6 ETP

Activities (NACE)

46733Wholesale of wood, construction materials and sanitary equipment· main 46833Wholesale trade, except of motor vehicles and motorcycles 51442Air transport 17240Manufacture of wallpaper 17240Manufacture of wallpaper

Joint committees (5)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	71,9 M €	+10.9%	64,9 M €	+6.3%	61 M €	+8.5%	56,2 M €	+16.2%	48,4 M €	+19.9%	40,4 M €	-2.3%	41,3 M €	+8.1%	38,2 M €	-1.2%	38,7 M €	+9.2%	35,4 M €	+7.9%	32,8 M €	-1.6%	33,4 M €	+2.8%	32,5 M €	-2.9%	33,4 M €	+1.9%	32,8 M €	+1.7%	32,2 M €	+5.9%	30,5 M €	-8.7%	33,4 M €	+23.4%	27,1 M €	+0.2%	27 M €
EBITDA	14,6 M €	+20.8%	12,1 M €	-6.1%	12,9 M €	+5.8%	12,1 M €	+16.3%	10,4 M €	+46.5%	7,1 M €	+28.5%	5,5 M €	+43.7%	3,9 M €	+17.6%	3,3 M €	+18.8%	2,8 M €	-25.7%	3,7 M €	+15.1%	3,2 M €	+417%	625,1 k €	-71.4%	2,2 M €	+32.5%	1,7 M €	-30.3%	2,4 M €	+72.1%	1,4 M €	-71.6%	4,8 M €	+70.4%	2,8 M €	-22.9%	3,7 M €
Operating result	13,2 M €	+18.3%	11,1 M €	-2.4%	11,4 M €	+5.4%	10,8 M €	+24.7%	8,7 M €	+40.1%	6,2 M €	+55.9%	4 M €	+43.3%	2,8 M €	+4.0%	2,7 M €	+38.7%	1,9 M €	-17.6%	2,3 M €	+57.0%	1,5 M €	+1268%	-127,5 k €	-121%	606,4 k €	+11.9%	542,1 k €	-31.6%	792,2 k €	+214%	-694 k €	-123%	3,1 M €	+72.6%	1,8 M €	-45.4%	3,2 M €
Net result	11 M €	-7.9%	12 M €	+27.7%	9,4 M €	+5.6%	8,9 M €	+28.6%	6,9 M €	+56.7%	4,4 M €	+48.7%	3 M €	+42.1%	2,1 M €	+34.6%	1,5 M €	-3.9%	1,6 M €	-16.5%	1,9 M €	+58.9%	1,2 M €	+469%	-328,4 k €	-188%	374,4 k €	+52.4%	245,6 k €	-66.8%	739,9 k €	+311%	-350,8 k €	-116%	2,2 M €	+47.4%	1,5 M €	+68.9%	902,3 k €
Balance sheet
Equity	28,9 M €	+15.4%	25 M €	+23.8%	20,2 M €	+1.2%	20 M €	+9.6%	18,2 M €	-1.2%	18,4 M €	+10.8%	16,6 M €	+8.8%	15,3 M €	+0.6%	15,2 M €	+1.9%	14,9 M €	+4.6%	14,3 M €	+9.5%	13 M €	+4.1%	12,5 M €	-3.7%	13 M €	-1.0%	13,1 M €	+1.9%	12,9 M €	+6.1%	12,1 M €	-2.8%	12,5 M €	+22.0%	10,2 M €	+17.5%	8,7 M €
Total assets	49 M €	+15.7%	42,3 M €	+12.4%	37,7 M €	+9.2%	34,5 M €	+12.0%	30,8 M €	+21.5%	25,4 M €	+14.1%	22,2 M €	+3.3%	21,5 M €	+1.7%	21,1 M €	+1.2%	20,9 M €	+12.3%	18,6 M €	+10.5%	16,8 M €	-1.7%	17,1 M €	+0.5%	17 M €	-8.9%	18,7 M €	+1.2%	18,5 M €	+1.2%	18,3 M €	+6.2%	17,2 M €	+7.8%	15,9 M €	+20.0%	13,3 M €
Cash	10,8 M €	-10.3%	12 M €	+6.0%	11,3 M €	-2.6%	11,6 M €	+1.9%	11,4 M €	+6.2%	10,7 M €	+99.2%	5,4 M €	+39.8%	3,9 M €	+7.0%	3,6 M €	+13.6%	3,2 M €	+120%	1,4 M €	-23.8%	1,9 M €	+155%	744,3 k €	+261%	206,1 k €	+41.3%	145,8 k €	-19.1%	180,3 k €	+1319%	12,7 k €	-74.0%	48,9 k €	-58.7%	118,2 k €	+2136%	5,3 k €
Debts	19,9 M €	+17.7%	16,9 M €	-2.3%	17,3 M €	+20.3%	14,4 M €	+15.1%	12,5 M €	+80.7%	6,9 M €	+24.9%	5,5 M €	-10.5%	6,2 M €	+6.6%	5,8 M €	-2.5%	6 M €	+37.5%	4,3 M €	+15.2%	3,8 M €	-18.0%	4,6 M €	+14.6%	4 M €	-27.4%	5,5 M €	-0.5%	5,5 M €	-8.3%	6,1 M €	+34.9%	4,5 M €	-17.0%	5,4 M €	+29.4%	4,2 M €
Other
Workforce	127,6 ETP	+9.9%	116,1 ETP	+8.1%	107,4 ETP	+8.4%	99,1 ETP	+1.7%	97,4 ETP	-3.1%	100,5 ETP	-1.8%	102,3 ETP	+0.1%	102,2 ETP	+4.7%	97,6 ETP	+1.0%	96,6 ETP	+2.0%	94,7 ETP	+1.1%	93,7 ETP	+0.6%	93,1 ETP	-1.1%	94,1 ETP	-0.9%	95,0 ETP	+3.5%	91,8 ETP	+3.5%	88,7 ETP	+7.9%	82,2 ETP	+5.2%	78,1 ETP	+5.4%	74,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

PHILIPPE DESART

Managing director · since 11 juin 2024 · until 08 juin 2027

Active

STEVEN DESART

Managing director · since 11 juin 2024 · until 08 juin 2027

Active

MURCO NV

Chairman of the board of directors · since 13 juin 2023 · until 29 juin 2026 · 0838.557.377

Represented by HANS WILMOTS

Active

Ended mandates

JEAN DESART

Director · since 13 juin 2023 · until 27 mai 2024

Ended

MURCO NV

Chairman of the board of directors · since 13 juin 2023 · until 09 juin 2026 · 0838.557.377

Represented by HANS WILMOTS

Ended

JEAN DESART

Director · since 09 juin 2020 · until 13 juin 2023

Ended

MURCO NV

Chairman of the board of directors · since 09 juin 2020 · until 13 juin 2023 · 0838.557.377

Represented by HANS WILMOTS

Ended

At this address

Other companies at this address

Company	CBE no.
ARTE GROEP● Active	0502.888.382
MAESTRIA● Active	1039.331.244
MURCO NV● Active	0838.557.377
NOSTER● Active	0458.313.419

Annual accounts

Full financial information

	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	07/07/2026	15/07/2025	04/07/2024	03/07/2023	27/06/2022	23/06/2021
General meeting	29/06/2026	30/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	07/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	11/06/2024	04/07/2024	Dutch	PDF
Full model	31/12/2022	13/06/2023	03/07/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	23/06/2021	Dutch	PDF
Full model	31/12/2019	09/06/2020	19/06/2020	Dutch	PDF
Full model	31/12/2018	11/06/2019	13/06/2019	Dutch	PDF
Full model	31/12/2017	12/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	13/06/2017	20/06/2017	Dutch	PDF
Full model	31/12/2015	14/06/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	09/06/2015	08/07/2015	Dutch	PDF
Full model	31/12/2013	23/06/2014	07/07/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	20/06/2013	Dutch	PDF
Full modelCorrection	31/12/2011	12/06/2012	30/10/2012	Dutch	PDF
Full model	31/12/2011	12/06/2012	18/06/2012	Dutch	PDF
Full model	31/12/2010	14/06/2011	28/06/2011	Dutch	PDF
Full model	31/12/2009	08/06/2010	15/06/2010	Dutch	PDF
Full model	31/12/2008	09/06/2009	26/06/2009	Dutch	PDF
Full model	31/12/2007	10/06/2008	08/07/2008	Dutch	PDF
Full model	31/12/2006	12/06/2007	10/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

PHILIPPE DESART

Managing director · since 11 juin 2024 · until 08 juin 2027

Active

STEVEN DESART

Managing director · since 11 juin 2024 · until 08 juin 2027

Active

MURCO NV

Chairman of the board of directors · since 13 juin 2023 · until 29 juin 2026 · 0838.557.377

Represented by HANS WILMOTS

Active

Ended mandates

JEAN DESART

Director · since 13 juin 2023 · until 27 mai 2024

Ended

MURCO NV

Chairman of the board of directors · since 13 juin 2023 · until 09 juin 2026 · 0838.557.377

Represented by HANS WILMOTS

Ended

JEAN DESART

Director · since 09 juin 2020 · until 13 juin 2023

Ended

MURCO NV

Chairman of the board of directors · since 09 juin 2020 · until 13 juin 2023 · 0838.557.377

Represented by HANS WILMOTS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other28/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates27/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2015
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202511 M €↓
2024
Annual accounts 202412 M €↑
2023
Annual accounts 20239,4 M €↑
2022
Annual accounts 20228,9 M €↑
2021
Annual accounts 20216,9 M €↑
2020
Annual accounts 20204,4 M €↑
2019
Annual accounts 20193 M €↑
2018
Annual accounts 20182,1 M €↑
2017
Annual accounts 20171,5 M €↓
2016
Annual accounts 20161,6 M €↓
2015
Annual accounts 20151,9 M €↑
2014
Annual accounts 20141,2 M €↑
2013
Annual accounts 2013-328,4 k €↓
2012
Annual accounts 2012374,4 k €↑
2011
Annual accounts 2011245,6 k €↓
2010
Annual accounts 2010739,9 k €↑
2009
Annual accounts 2009-350,8 k €↓
2008
Annual accounts 20082,2 M €↑
2007
Annual accounts 20071,5 M €↑
2006
Annual accounts 2006902,3 k €
02/09/1981
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Arte

Overview

What does Arte do?

Trend over 20 financial years

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