ACTIVE

AARVECO

Financial year 2024 · closed on 31/12/2024
Net result
5,4 k €
+107.3% YoY
Gross margin
62,3 k €
+446.3% YoY
Equity
1,4 M €
+0.4% YoY

What does AARVECO do?

AARVECO is a Public limited company incorporated in 1982. Its registered office is in Oostkamp.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.846.655
Incorporation
08/06/1982
Legal form
Public limited company
Registered office
Erkegemstraat 62
8020 Oostkamp · FlandreSee on map
Contributed capital
1 338 650,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 144
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin62,3 k €-18 k €93,7 k €45,2 k €87,4 k €61,6 k €20,9 k €-13 k €16 k €14,7 k €4,7 k €85,7 k €12,9 k €13 k €-15,8 k €-115 €53,4 k €66,9 k €
EBITDA5,4 k €-73,8 k €45,3 k €3,5 k €47,2 k €21,1 k €-18,7 k €-51,4 k €-21,9 k €-23,4 k €-34,2 k €48,9 k €-23,6 k €-21,2 k €-49,5 k €-34,2 k €7,7 k €26,9 k €
Operating result5,4 k €-73,8 k €45,3 k €3,5 k €44,7 k €18,7 k €-21,1 k €-53,8 k €-24,4 k €-25,8 k €-36,7 k €46,4 k €-26 k €-23,6 k €-49,5 k €-34,2 k €7,7 k €26,8 k €
Net result5,4 k €-73,8 k €45,2 k €3,5 k €44,7 k €18,7 k €666 €4,1 k €36,8 k €25,7 k €17,2 k €100,1 k €26,8 k €30,5 k €10,7 k €998 €50,5 k €8,4 k €
Balance sheet
Equity1,4 M €1,4 M €1,5 M €1,5 M €1,5 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,3 M €1,3 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,1 M €
Total assets1,5 M €1,5 M €2,2 M €2,1 M €2,2 M €2,3 M €2 M €1,7 M €1,7 M €1,7 M €1,7 M €1,7 M €1,6 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €
Cash45,7 k €39,5 k €164,6 k €39,1 k €8,5 k €141,3 k €20,1 k €43,7 k €3,5 k €7,5 k €7,1 k €9,8 k €5,1 k €15,2 k €1,8 k €8,5 k €15,3 k €9,4 k €
Debts26,5 k €16,7 k €637,6 k €618,4 k €710,2 k €852,1 k €563,8 k €337 k €347,6 k €328,4 k €334,5 k €342,4 k €362,1 k €335,1 k €321,1 k €299,6 k €310,6 k €364,1 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 3 ended

Active mandates

Jeannette GOBIN

Chairman of the board of directors

Active
Nadine DE BAETS

Managing director

Active

Ended mandates

Camiel DE BAETS

Director

Ended
Camiel DE BAETS

Managing director

Ended
Jeannette GOBIN

Managing director

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202525/07/202430/06/202330/09/202229/10/202130/11/2020
General meeting17/06/202518/06/202420/06/202321/06/202215/06/202116/06/2020
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202417/06/202524/07/2025DutchPDF
Micro model31/12/202318/06/202425/07/2024DutchPDF
Micro model31/12/202220/06/202330/06/2023DutchPDF
Micro model31/12/202121/06/202230/09/2022DutchPDF
Micro model31/12/202015/06/202129/10/2021DutchPDF
Micro model31/12/201916/06/202030/11/2020DutchPDF
Micro model31/12/201818/06/201909/10/2019DutchPDF
Micro model31/12/201719/06/201830/09/2018DutchPDF
Micro model31/12/201620/06/201727/09/2017DutchPDF
Abridged model31/12/201521/06/201630/09/2016DutchPDF
Abridged model31/12/201416/06/201529/09/2015DutchPDF
Abridged model31/12/201317/06/201430/09/2014DutchPDF
Abridged model31/12/201218/06/201325/09/2013DutchPDF
Abridged model31/12/201119/06/201228/09/2012DutchPDF
Abridged model31/12/201021/06/201130/09/2011DutchPDF
Abridged model31/12/200922/06/201015/09/2010DutchPDF
Abridged model31/12/200816/06/200917/07/2009DutchPDF
Abridged model31/12/200717/06/200827/09/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2024 · 2 active · 3 ended

Active mandates

Jeannette GOBIN

Chairman of the board of directors

Active
Nadine DE BAETS

Managing director

Active

Ended mandates

Camiel DE BAETS

Director

Ended
Camiel DE BAETS

Managing director

Ended
Jeannette GOBIN

Managing director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates06/02/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - 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

Timeline

  1. 2024
    Annual accounts 20245,4 k €
  2. 2023
    Annual accounts 2023-73,8 k €
  3. 2022
    Annual accounts 202245,2 k €
  4. 2021
    Annual accounts 20213,5 k €
  5. 2020
    Annual accounts 202044,7 k €
  6. 2019
    Annual accounts 201918,7 k €
  7. 2018
    Annual accounts 2018666 €
  8. 2017
    Annual accounts 20174,1 k €
  9. 2016
    Annual accounts 201636,8 k €
  10. 2015
    Annual accounts 201525,7 k €
  11. 2014
    Annual accounts 201417,2 k €
  12. 2013
    Annual accounts 2013100,1 k €
  13. 2012
    Annual accounts 201226,8 k €
  14. 2011
    Annual accounts 201130,5 k €
  15. 2010
    Annual accounts 201010,7 k €
  16. 2009
    Annual accounts 2009998 €
  17. 2008
    Annual accounts 200850,5 k €
  18. 2007
    Annual accounts 20078,4 k €
  19. 08/06/1982
    IncorporationPublic limited company