ACTIVE

ARTIMO

Financial year 2024 · closed on 31/12/2024
Net result
68,9 k €
+128.5% YoY
Gross margin
265,4 k €
+782.8% YoY
Equity
2,1 M €
+74.3% YoY

What does ARTIMO do?

ARTIMO is a Public limited company incorporated in 1985. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.986.674
Incorporation
01/03/1985
Legal form
Public limited company
Registered office
Rue Lebeau 55
1000 Bruxelles · BruxellesSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212020201920122011201020092008
Income statement
Gross margin265,4 k €-38,9 k €134,3 k €226,6 k €88,6 k €104,2 k €96,6 k €315,8 k €215,5 k €10 k €7,6 k €
EBITDA231,2 k €-45,2 k €94,8 k €202,1 k €53,4 k €29,9 k €96,1 k €310 k €5 k €-78,6 k €-88,8 k €
Operating result210,4 k €21,1 k €107 k €-5,3 k €-11,6 k €-69 k €75,1 k €288,3 k €-10,4 k €-91,5 k €-101,9 k €
Net result68,9 k €30,2 k €88,8 k €5,3 k €1,8 k €211 €57,5 k €219 k €-2,8 k €-96,4 k €-188,9 k €
Balance sheet
Equity2,1 M €1,2 M €1,2 M €1,1 M €1,2 M €1,2 M €435,3 k €380,4 k €164 k €144,8 k €241,2 k €
Total assets4,4 M €2 M €2,2 M €2,2 M €2,3 M €2,4 M €2 M €2,1 M €1,8 M €1,7 M €1,7 M €
Cash429,2 k €55,2 k €111,6 k €82 k €7 k €239,1 k €53,5 €2,6 k €347,4 €324,3 €645,3 €
Debts914,8 k €814,3 k €943,1 k €1 M €1,1 M €1,2 M €1,1 M €1,1 M €1,2 M €1,3 M €1,2 M €
Other
Workforce1,0 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 31/12/2024 · 2 active · 13 ended

Active mandates

Georges Van Cauwenbergh

Managing director · since 30 juin 2025 · until 30 juin 2031

Active
Aurore Borrens

Director · since 01 mai 2022 · until 01 mai 2028

Active

Ended mandates

Georges Van Cauwenbergh

Director · since 28 mai 2017 · until 18 décembre 2020

Ended
Georges Van Cauwenbergh

Managing director · since 28 mai 2017 · until 18 décembre 2020

Ended
Luc Van Cauwenbergh

Managing director · since 28 mai 2016 · until 18 décembre 2020

Ended
Georges Van Cauwenbergh

Director · since 07 octobre 2011 · until 27 mai 2017

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/07/2018
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 months18 months
Filing date26/08/202530/08/202417/10/202331/08/202230/09/202110/11/2020
General meeting30/06/202530/08/202410/10/202328/05/202229/05/202108/09/2020
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 model31/12/202430/06/202526/08/2025DutchPDF
Micro model31/12/202330/08/202430/08/2024DutchPDF
Micro model31/12/202210/10/202317/10/2023DutchPDF
Micro model31/12/202128/05/202231/08/2022DutchPDF
Abridged model31/12/202029/05/202130/09/2021DutchPDF
Abridged model31/12/201908/09/202010/11/2020DutchPDF
Abridged model30/06/201831/01/201931/01/2019DutchPDF
Abridged model30/06/201731/01/201831/01/2018DutchPDF
Abridged model30/06/201630/12/201630/01/2017DutchPDF
Abridged model30/06/201521/12/201521/01/2016DutchPDF
Abridged model31/12/201321/06/201431/07/2014DutchPDF
Abridged model31/12/201225/05/201304/06/2013DutchPDF
Abridged model31/12/201126/05/201222/06/2012DutchPDF
Abridged modelCorrection31/12/201007/10/201102/11/2011DutchPDF
Abridged model31/12/201028/05/201114/06/2011DutchPDF
Abridged model31/12/200929/05/201002/06/2010DutchPDF
Abridged model31/12/200830/05/200902/06/2009DutchPDF
Abridged model31/12/200731/05/200803/06/2008DutchPDF
Abridged model31/12/200626/05/200716/07/2007DutchPDF
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 31/12/2024 · 2 active · 13 ended

Active mandates

Georges Van Cauwenbergh

Managing director · since 30 juin 2025 · until 30 juin 2031

Active
Aurore Borrens

Director · since 01 mai 2022 · until 01 mai 2028

Active

Ended mandates

Georges Van Cauwenbergh

Director · since 28 mai 2017 · until 18 décembre 2020

Ended
Georges Van Cauwenbergh

Managing director · since 28 mai 2017 · until 18 décembre 2020

Ended
Luc Van Cauwenbergh

Managing director · since 28 mai 2016 · until 18 décembre 2020

Ended
Georges Van Cauwenbergh

Director · since 07 octobre 2011 · until 27 mai 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/06/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates05/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/07/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/03/2016
    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. 2024
    Annual accounts 202468,9 k €
  2. 2023
    Annual accounts 202330,2 k €
  3. 2022
    Annual accounts 202288,8 k €
  4. 2021
    Annual accounts 20215,3 k €
  5. 2020
    Annual accounts 20201,8 k €
  6. 2019
    Annual accounts 2019211 €
  7. 2012
    Annual accounts 201257,5 k €
  8. 2011
    Annual accounts 2011219 k €
  9. 2010
    Annual accounts 2010-2,8 k €
  10. 2009
    Annual accounts 2009-96,4 k €
  11. 2008
    Annual accounts 2008-188,9 k €
  12. 01/03/1985
    IncorporationPublic limited company