ACTIVE

ATELIER D'ARCHITECTURE DU SART -TILMAN

Financial year 2025 · Closed on 31/12/2025

Net result-231 k €-165,4 %over 1 year

Gross margin-6,7 k €-101,4 %over 1 year

Equity-207,8 k €-118,1 %over 1 year

Identity

Source · BCE/KBO

ATELIER D'ARCHITECTURE DU SART -TILMAN is a Private limited company incorporated in 1984. Its main activity is: Architectural activities. Its registered office is in Esneux.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0426.472.277
Incorporation: 01/12/1984
Legal form: Private limited company
Registered office: Rue du Vieux Bois 22
4130 Esneux · WallonieSee on map
Contributed capital: 20 500,00 €
Latest accounts: 31/12/2025

Activities (NACE)

71111Architectural activities· main 71111Architectural activities 74201Photographic activities

Joint committees (1)

Signals

Good liquidity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-6,7 k €	-101%	482,9 k €	+161%	184,7 k €	+8.5%	170,3 k €	-20.9%	215,4 k €
EBITDA	-8,4 k €	-102%	479,9 k €	+166%	180,3 k €	+6.4%	169,4 k €	-20.9%	214,2 k €
Operating result	-9,8 k €	-102%	463,4 k €	+167%	173,3 k €	+5.2%	164,8 k €	-44.2%	295,6 k €
Net result	-231 k €	-165%	353 k €	+161%	135,2 k €	+5.4%	128,3 k €	-51.1%	262,4 k €
Balance sheet
Equity	-207,8 k €	-118%	1,1 M €	+44.5%	793,2 k €	+10.5%	717,9 k €	+10.5%	649,6 k €
Total assets	856 k €	-41.7%	1,5 M €	+11.7%	1,3 M €	+45.9%	901,1 k €	-0.4%	904,4 k €
Cash	167,4 k €	-55.8%	378,4 k €	+102%	187,1 k €	-43.9%	333,3 k €	+35.2%	246,5 k €
Debts	1,1 M €	+245%	305 k €	-38.6%	496,7 k €	+201%	164,8 k €	-34.1%	250 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 49 ended

Active mandates

Frédéric Servais

Director · since 06 mai 2025

Active

Daniel Gabriel Boden

Director

Active

Joël Bernard Meersseman

Director

Active

Rénald Pansaerts

Director

Active

Ronald Rifflart

Director

Active

Ended mandates

Joël Bernard Meersseman

Director · since 02 juin 2022 · until 31 mai 2024

Ended

Rénald Pansaerts

Director · since 02 juin 2022 · until 31 mai 2024

Ended

Ronald Rifflart

Director · since 02 juin 2022 · until 31 mai 2024

Ended

MEERSSEMAN & Co

Director · since 15 juin 2021 · until 30 juin 2024 · 0691.692.449

Represented by Joël MEERSSEMAN

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	17/07/2026	16/05/2025	13/07/2024	17/07/2023	25/08/2022	19/08/2021
General meeting	30/06/2026	05/05/2025	28/06/2024	26/05/2023	20/05/2022	15/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	17/07/2026	French	PDF
Abridged model	31/12/2024	05/05/2025	16/05/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	13/07/2024	French	PDF
Micro model	31/12/2022	26/05/2023	17/07/2023	French	PDF
Micro model	31/12/2021	20/05/2022	25/08/2022	French	PDF
Micro model	31/12/2020	15/06/2021	19/08/2021	French	PDF
Micro model	31/12/2019	15/09/2020	16/09/2020	French	PDF
Micro model	31/12/2018	28/06/2019	19/07/2019	French	PDF
Micro model	31/12/2017	29/06/2018	21/08/2018	French	PDF
Micro model	31/12/2016	26/05/2017	23/08/2017	French	PDF
Abridged model	31/12/2015	28/06/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	22/06/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	26/06/2014	20/08/2014	French	PDF
Abridged model	31/12/2012	27/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	07/11/2012	26/11/2012	French	PDF
Abridged model	31/12/2010	07/04/2011	16/06/2011	French	PDF
Abridged model	31/12/2009	24/06/2010	07/07/2010	French	PDF
Abridged model	31/12/2008	18/06/2009	13/07/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	23/06/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	02/07/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 49 ended

Active mandates

Frédéric Servais

Director · since 06 mai 2025

Active

Daniel Gabriel Boden

Director

Active

Joël Bernard Meersseman

Director

Active

Rénald Pansaerts

Director

Active

Ronald Rifflart

Director

Active

Ended mandates

Joël Bernard Meersseman

Director · since 02 juin 2022 · until 31 mai 2024

Ended

Rénald Pansaerts

Director · since 02 juin 2022 · until 31 mai 2024

Ended

Ronald Rifflart

Director · since 02 juin 2022 · until 31 mai 2024

Ended

MEERSSEMAN & Co

Director · since 15 juin 2021 · until 30 juin 2024 · 0691.692.449

Represented by Joël MEERSSEMAN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates23/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates13/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates25/08/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates02/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates27/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates06/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2016
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-231 k €↓
2024
Annual accounts 2024353 k €↑
2023
Annual accounts 2023135,2 k €↑
2022
Annual accounts 2022128,3 k €↓
2021
Annual accounts 2021262,4 k €↑
2020
Annual accounts 202076 k €↑
2019
Annual accounts 201943,8 k €↓
2018
Annual accounts 2018111,7 k €↑
2017
Annual accounts 201723,1 k €↑
2016
Annual accounts 2016-29,2 k €↓
2015
Annual accounts 20152,7 k €↓
2014
Annual accounts 20147,9 k €↓
2013
Annual accounts 201311,4 k €↓
2012
Annual accounts 2012167,9 k €↑
2011
Annual accounts 2011142,2 k €↑
2010
Annual accounts 2010-66 k €↓
2009
Annual accounts 2009155,1 k €↓
2008
Annual accounts 2008169,8 k €↑
2008
Name changeATELIER D'ARCHITECTURE DU SART-TILMAN
2007
Annual accounts 200742,7 k €↓
2006
Annual accounts 200659,6 k €
2006
Name changeATELIER DU SART TILMAN, société d'architectes interprofessionnelle
01/12/1984
IncorporationPrivate limited company

ATELIER D'ARCHITECTURE DU SART -TILMAN

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline