ACTIVE

AARTCO

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Financial year 2025 · closed on 30/06/2025
Net result
-151,6 k €
-118.0% YoY
Gross margin
1,4 M €
-8.0% YoY
Equity
9 M €
-1.7% YoY
Workforce
1,5 ETP
+36.4% YoY

What does AARTCO do?

AARTCO is a Private limited company incorporated in 1981. Its main activity is: Activities of holding companies. Its registered office is in Izegem. It employs on average 1,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0422.039.476
Incorporation
27/10/1981
Legal form
Private limited company
Registered office
Gentsestraat 61
8870 Izegem · FlandreSee on map
Contributed capital
61 950,42 €
Latest accounts
30/06/2025
Average workforce
1,5 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Joint committees (6)
  • 100
  • 1000
  • 119
  • 200
  • 2000
  • 201
Signals
Solid equityPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,4 M €1,5 M €3 M €1,5 M €880,5 k €1,2 M €1,1 M €1,3 M €912,8 k €815,5 k €641,2 k €399 k €162,3 k €164,3 k €119,8 k €79,6 k €-20,5 k €
EBITDA-135,1 k €1,3 M €2,7 M €1,3 M €642,4 k €1,1 M €1 M €1,3 M €877,1 k €785,9 k €621,9 k €376,8 k €144,6 k €144,4 k €102,5 k €62,2 k €-36,1 k €
Operating result-595,7 k €586,8 k €2,1 M €763,1 k €307,8 k €739,7 k €924,3 k €1,1 M €772,1 k €665,2 k €445,9 k €311,5 k €46,2 k €95 k €66,5 k €-13,1 k €-75,2 k €
Net result-151,6 k €843,1 k €1,8 M €693,6 k €204,7 k €526,4 k €656,4 k €759 k €406 k €615,4 k €351,6 k €242,1 k €1,8 k €76,1 k €45,9 k €-36,6 k €-136,7 k €
Balance sheet
Equity9 M €9,1 M €8,3 M €6,5 M €4,2 M €4 M €3,5 M €2,8 M €2,1 M €1,6 M €1 M €931,3 k €689,2 k €687,4 k €611,4 k €565,5 k €602,1 k €
Total assets15,7 M €17,4 M €15,3 M €14,9 M €8,5 M €9,7 M €9 M €9,2 M €5,7 M €5,7 M €5,4 M €2,3 M €1,8 M €1,4 M €1,4 M €1,1 M €949,1 k €
Cash811 k €1,2 M €770,7 k €250,4 k €461,3 k €1,2 M €500,7 k €640,2 k €250,3 k €138,8 k €14,7 k €21,6 k €7,6 k €8,1 k €38,4 k €2,8 k €4,1 k €
Debts6,4 M €7,9 M €6,7 M €8,2 M €4,1 M €5,5 M €5,4 M €6,3 M €3,6 M €4 M €4,4 M €1,3 M €1,1 M €737,1 k €762,1 k €532,5 k €347 k €
Other
Workforce1,5 ETP1,1 ETP1,0 ETP1,0 ETP1,0 ETP0,3 ETP–––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 11 ended

Active mandates

Pascal Vanhonsebrouck

Director

Active

Ended mandates

Pascal Vanhonsebrouck

Director · since 27 décembre 2023

Ended
UNIC-MONA

Director · since 09 février 2012 · 0414.046.280

Represented by Vanhonsebrouck Pascal

Ended
UNIC-MONA

Manager · since 09 février 2012 · 0414.046.280

Represented by Pascal Vanhonsebrouck

Ended
Edelhart De Muynck

Manager · until 01 juin 2009

Ended
At this address

Other companies at this address

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AVANTI● Active
0438.529.674
CENTRE● Active
0450.381.688
ERTPAS● Active
0424.153.185
EVERCO● Active
0417.133.355
FRAICHEUR● Active
0427.927.475
GEMA● Active
0424.794.276
HERMANS DIEPENBEEK● Active
0429.821.351
MARCOM● Active
0874.932.278
MARKET TERBIEST● Active
0874.670.873
MEIRSCHAERT IMMO● Active
0400.160.038
MEUCO● Active
0422.039.575
PASCALINO● Active
0442.412.248
P.JOLY ET CIE● Active
0471.518.483
SERA● Active
0437.713.983
SHOPPING DIEPENBEEK● Active
0429.806.505
TRANSPORT V.V.S.● Active
0424.019.266
Unic Aalter● Active
0401.050.260
UNIC-MONA● Active
0414.046.280
UNIC WAASLAND● Active
0424.641.254
VARIA● Active
0416.552.444
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/11/202519/11/202420/11/202327/01/202327/01/202217/11/2020
General meeting17/11/202518/11/202431/10/202330/12/202229/12/202116/11/2020
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 model30/06/202517/11/202526/11/2025DutchPDF
Abridged model30/06/202418/11/202419/11/2024DutchPDF
Abridged model30/06/202331/10/202320/11/2023DutchPDF
Abridged model30/06/202230/12/202227/01/2023DutchPDF
Abridged model30/06/202129/12/202127/01/2022DutchPDF
Abridged model30/06/202016/11/202017/11/2020DutchPDF
Abridged model30/06/201918/11/201916/12/2019DutchPDF
Abridged model30/06/201817/12/201814/01/2019DutchPDF
Abridged model30/06/201720/11/201727/11/2017DutchPDF
Abridged model30/06/201621/11/201605/12/2016DutchPDF
Abridged model30/06/201516/11/201526/11/2015DutchPDF
Abridged model30/06/201417/11/201401/12/2014DutchPDF
Abridged model30/06/201318/11/201326/11/2013DutchPDF
Abridged model30/06/201219/11/201227/11/2012DutchPDF
Abridged model30/06/201121/11/201108/12/2011DutchPDF
Abridged model30/06/201015/11/201015/11/2010DutchPDF
Abridged model30/06/200929/12/200930/12/2009DutchPDF
Abridged model30/06/200817/11/200828/11/2008DutchPDF
Abridged model30/06/200714/12/200710/01/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 11 ended

Active mandates

Pascal Vanhonsebrouck

Director

Active

Ended mandates

Pascal Vanhonsebrouck

Director · since 27 décembre 2023

Ended
UNIC-MONA

Director · since 09 février 2012 · 0414.046.280

Represented by Vanhonsebrouck Pascal

Ended
UNIC-MONA

Manager · since 09 février 2012 · 0414.046.280

Represented by Pascal Vanhonsebrouck

Ended
Edelhart De Muynck

Manager · until 01 juin 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring09/01/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring16/11/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/03/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/09/2010
    STATUTENWIJZIGING
    PDF
  • Mandates08/06/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2006
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office30/07/2004
    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 2025-151,6 k €↓
  2. 2024
    Annual accounts 2024843,1 k €↓
  3. 2023
    Annual accounts 20231,8 M €↑
  4. 2022
    Annual accounts 2022693,6 k €↑
  5. 2019
    Annual accounts 2019204,7 k €↓
  6. 2018
    Annual accounts 2018526,4 k €↓
  7. 2017
    Annual accounts 2017656,4 k €↓
  8. 2016
    Annual accounts 2016759 k €↑
  9. 2015
    Annual accounts 2015406 k €↓
  10. 2014
    Annual accounts 2014615,4 k €↑
  11. 2013
    Annual accounts 2013351,6 k €↑
  12. 2012
    Annual accounts 2012242,1 k €↑
  13. 2011
    Annual accounts 20111,8 k €↓
  14. 2010
    Annual accounts 201076,1 k €↑
  15. 2009
    Annual accounts 200945,9 k €↑
  16. 2008
    Annual accounts 2008-36,6 k €↑
  17. 2007
    Annual accounts 2007-136,7 k €
  18. 27/10/1981
    IncorporationPrivate limited company