ACTIVE

Artes Woudenberg

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Financial year 2025 · closed on 31/12/2025

Net result

3,4 M €

+549.4% YoY

Revenue

30 M €

+99.3% YoY

Equity

4,9 M €

+21.6% YoY

Workforce

123,3 ETP

+4.3% YoY

What does Artes Woudenberg do?

Artes Woudenberg is a Public limited company incorporated in 1982. Its main activity is: Construction of buildings. Its registered office is in Brugge. It employs on average 123,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.264.646

Incorporation

15/11/1982

Legal form

Public limited company

Registered office

Lieven Bauwensstraat 42
8200 Brugge · FlandreSee on map

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Average workforce

123,3 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.43995Other specialised construction activities n.e.c.45211Maintenance and repair of motor vehicles 45250Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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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	30 M €	+99.3%	15 M €	-0.2%	15,1 M €	-62.6%	40,3 M €	+138%	17 M €	-5.5%	17,9 M €	+62.5%	11 M €	-43.3%	19,5 M €	+85.5%	10,5 M €	-5.2%	11,1 M €	-0.9%	11,2 M €	+91.3%	5,8 M €	-21.2%	7,4 M €	+57.1%	4,7 M €	-0.5%	4,7 M €	-17.7%	5,8 M €	+0.5%	5,7 M €	+2.9%	5,6 M €	+3.2%	5,4 M €	+10.7%	4,9 M €
EBITDA	5,2 M €	+282%	1,4 M €	-30.8%	2 M €	-73.4%	7,4 M €	+19.7%	6,2 M €	+161%	2,4 M €	+145%	962,5 k €	-64.4%	2,7 M €	+27.1%	2,1 M €	+96.5%	1,1 M €	+93.9%	558,6 k €	+4.5%	534,6 k €	-10.3%	595,9 k €	+163%	226,1 k €	-31.6%	330,7 k €	-37.2%	526,8 k €	+29.2%	407,8 k €	+1139%	-39,3 k €	-120%	200,1 k €	-1.9%	204 k €
Operating result	4,4 M €	+645%	591,4 k €	-59.8%	1,5 M €	-78.7%	6,9 M €	+18.6%	5,8 M €	+184%	2,1 M €	+202%	678,9 k €	-72.0%	2,4 M €	+31.8%	1,8 M €	+111%	872,1 k €	+346%	195,5 k €	+580%	28,7 k €	-73.2%	107 k €	+4429%	-2,5 k €	-101%	204,3 k €	-51.6%	421,7 k €	+50.1%	280,9 k €	+290%	-147,6 k €	-213%	130,6 k €	-7.3%	140,9 k €
Net result	3,4 M €	+549%	519,7 k €	-51.5%	1,1 M €	-78.6%	5 M €	+15.9%	4,3 M €	+176%	1,6 M €	+239%	461,5 k €	-70.6%	1,6 M €	+36.9%	1,1 M €	+42.8%	803,6 k €	+633%	109,6 k €	+26.5%	86,7 k €	+45.6%	59,5 k €	+288%	-31,7 k €	-152%	61,4 k €	-86.0%	439,9 k €	+236%	130,9 k €	+240%	38,5 k €	+11.1%	34,7 k €	+331%	-15 k €
Balance sheet
Equity	4,9 M €	+21.6%	4 M €	-26.5%	5,5 M €	+4.4%	5,3 M €	+85.6%	2,8 M €	+33.4%	2,1 M €	-1.8%	2,2 M €	-49.7%	4,3 M €	+38.3%	3,1 M €	+23.3%	2,5 M €	+19.3%	2,1 M €	+5.5%	2 M €	+4.5%	1,9 M €	+3.2%	1,9 M €	-1.7%	1,9 M €	+3.4%	1,8 M €	+31.6%	1,4 M €	+10.4%	1,3 M €	+3.2%	1,2 M €	+2.9%	1,2 M €
Total assets	21,5 M €	+16.6%	18,4 M €	+14.9%	16,1 M €	+20.0%	13,4 M €	-9.7%	14,8 M €	+5.6%	14 M €	+9.9%	12,8 M €	+45.5%	8,8 M €	+3.8%	8,5 M €	+2.6%	8,2 M €	+3.8%	7,9 M €	+10.6%	7,2 M €	+7.7%	6,7 M €	+5.3%	6,3 M €	+44.3%	4,4 M €	+4.5%	4,2 M €	+10.5%	3,8 M €	+17.7%	3,2 M €	-12.6%	3,7 M €	+3.2%	3,6 M €
Cash	1,6 M €	-60.0%	4 M €	+120%	1,8 M €	+4.6%	1,8 M €	-82.5%	10 M €	+52.7%	6,6 M €	+24.5%	5,3 M €	+102%	2,6 M €	+183%	920,8 k €	-62.5%	2,5 M €	+32.3%	1,9 M €	+176%	671,3 k €	-40.8%	1,1 M €	+207%	368,8 k €	-55.5%	828,6 k €	+227%	253,5 k €	-26.1%	343 k €	+40.9%	243,5 k €	+29.0%	188,7 k €	-34.5%	288,2 k €
Debts	16,5 M €	+15.1%	14,3 M €	+37.1%	10,4 M €	+30.6%	8 M €	-32.9%	11,9 M €	+0.9%	11,8 M €	+12.4%	10,5 M €	+144%	4,3 M €	-17.3%	5,2 M €	-8.1%	5,7 M €	-1.7%	5,8 M €	+12.5%	5,1 M €	+9.2%	4,7 M €	+5.8%	4,4 M €	+78.7%	2,5 M €	+4.8%	2,4 M €	+1.6%	2,3 M €	+18.4%	2 M €	-19.9%	2,5 M €	+2.6%	2,4 M €
Other
Workforce	123,3 ETP	+4.3%	118,2 ETP	+8.2%	109,2 ETP	+5.6%	103,4 ETP	+4.6%	98,9 ETP	+1.5%	97,4 ETP	+7.3%	90,8 ETP	+2.1%	88,9 ETP	-5.7%	94,3 ETP	+9.8%	85,9 ETP	+2.3%	84,0 ETP	+2.9%	81,6 ETP	+24.2%	65,7 ETP	+1.9%	64,5 ETP	+13.2%	57,0 ETP	+4.4%	54,6 ETP	-0.9%	55,1 ETP	0.0%	55,1 ETP	+5.0%	52,5 ETP	-3.5%	54,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 43 ended

Active mandates

ELCONSTRUCT

Managing director · since 28 mai 2025 · until 31 mai 2028 · 0554.696.676

Represented by Johan Van Overwalle

Active

Matthias HOORNAERT

Director · since 28 mai 2025 · until 31 mai 2028

Active

PACT 14

Director · since 28 mai 2025 · until 31 mai 2028 · 0780.850.097

Represented by Jan De Moor

Active

Robert Ir. HOORNAERT

Director · since 28 mai 2025 · until 31 mai 2028

Active

Ended mandates

ELCONSTRUCT

Managing director · since 31 mai 2023 · until 28 mai 2025 · 0554.696.676

Represented by Johan Van Overwalle

Ended

PACT 14

Director · since 31 mai 2023 · until 28 mai 2025 · 0780.850.097

Represented by Jan De Moor

Ended

Robert Ir. HOORNAERT

Director · since 31 mai 2023 · until 28 mai 2025

Ended

PACT 14

Director · since 25 janvier 2022 · until 31 mai 2023 · 0780.850.097

Represented by Jan De Moor

Ended

At this address

Other companies at this address

Company	CBE no.
TM Artes Woudenberg - Artes Roegiers● Active	0501.849.096

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	29/06/2026	25/06/2025	24/06/2024	27/06/2023	24/06/2022	17/06/2021
General meeting	27/05/2026	28/05/2025	29/05/2024	31/05/2023	25/05/2022	26/05/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/05/2026	29/06/2026	Dutch	PDF
Full model	31/12/2024	28/05/2025	25/06/2025	Dutch	PDF
Full model	31/12/2023	29/05/2024	24/06/2024	Dutch	PDF
Full model	31/12/2022	31/05/2023	27/06/2023	Dutch	PDF
Full model	31/12/2021	25/05/2022	24/06/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	17/06/2021	Dutch	PDF
Full model	31/12/2019	27/05/2020	05/06/2020	Dutch	PDF
Full model	31/12/2018	29/05/2019	20/06/2019	Dutch	PDF
Full modelCorrection	31/12/2017	02/05/2019	15/05/2019	Dutch	PDF
Full model	31/12/2017	30/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	21/06/2017	Dutch	PDF
Full model	31/12/2015	25/05/2016	14/06/2016	Dutch	PDF
Full model	31/12/2014	27/05/2015	18/06/2015	Dutch	PDF
Full model	31/12/2013	28/05/2014	09/07/2014	Dutch	PDF
Full model	31/12/2012	29/05/2013	24/06/2013	Dutch	PDF
Full model	31/12/2011	07/06/2012	05/07/2012	Dutch	PDF
Full model	31/12/2010	24/02/2011	07/03/2011	Dutch	PDF
Full model	31/12/2009	25/02/2010	02/03/2010	Dutch	PDF
Full model	31/12/2008	24/06/2009	21/08/2009	Dutch	PDF
Full model	31/12/2007	02/09/2008	25/09/2008	Dutch	PDF
Full model	31/12/2006	15/07/2007	30/08/2007	Dutch	PDF
Full modelCorrection	31/12/2005	14/06/2006	19/01/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 43 ended

Active mandates

ELCONSTRUCT

Managing director · since 28 mai 2025 · until 31 mai 2028 · 0554.696.676

Represented by Johan Van Overwalle

Active

Matthias HOORNAERT

Director · since 28 mai 2025 · until 31 mai 2028

Active

PACT 14

Director · since 28 mai 2025 · until 31 mai 2028 · 0780.850.097

Represented by Jan De Moor

Active

Robert Ir. HOORNAERT

Director · since 28 mai 2025 · until 31 mai 2028

Active

Ended mandates

ELCONSTRUCT

Managing director · since 31 mai 2023 · until 28 mai 2025 · 0554.696.676

Represented by Johan Van Overwalle

Ended

PACT 14

Director · since 31 mai 2023 · until 28 mai 2025 · 0780.850.097

Represented by Jan De Moor

Ended

Robert Ir. HOORNAERT

Director · since 31 mai 2023 · until 28 mai 2025

Ended

PACT 14

Director · since 25 janvier 2022 · until 31 mai 2023 · 0780.850.097

Represented by Jan De Moor

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other23/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2020
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 20253,4 M €↑
2024
Annual accounts 2024519,7 k €↓
2023
Annual accounts 20231,1 M €↓
2022
Annual accounts 20225 M €↑
2021
Annual accounts 20214,3 M €↑
2020
Annual accounts 20201,6 M €↑
2019
Annual accounts 2019461,5 k €↓
2018
Annual accounts 20181,6 M €↑
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016803,6 k €↑
2015
Annual accounts 2015109,6 k €↑
2014
Annual accounts 201486,7 k €↑
2013
Annual accounts 201359,5 k €↑
2012
Annual accounts 2012-31,7 k €↓
2012
Name changeArtes Woudenberg
2011
Annual accounts 201161,4 k €↓
2010
Annual accounts 2010439,9 k €↑
2009
Annual accounts 2009130,9 k €↑
2008
Annual accounts 200838,5 k €↑
2007
Annual accounts 200734,7 k €↑
2006
Annual accounts 2006-15 k €
2006
Name changeAANNEMERSBEDRIJF WOUDENBERG BRUGGE - ENTREPRISE DE CONSTRUCTION WOUDENBERG BRUGGE
15/11/1982
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

Artes Woudenberg

Overview

What does Artes Woudenberg 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