ACTIVE

ARTIM

Financial year 2025 · closed on 31/12/2025
Net result
-7,6 k €
-119.0% YoY
Gross margin
45,3 k €
-59.2% YoY
Equity
752,4 k €
-1.0% YoY

What does ARTIM do?

ARTIM is a Public limited company incorporated in 1986. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.560.351
Incorporation
28/02/1986
Legal form
Public limited company
Registered office
Rue du Marché aux Herbes 105 box 27
1000 Bruxelles · BruxellesSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin45,3 k €111 k €132,3 k €196,3 k €50,8 k €42,8 k €33,4 k €4,2 k €21,9 k €16,6 k €184 k €107 k €178,1 k €55,4 k €224,6 k €75,4 k €177,9 k €146,7 k €14,7 k €21,6 k €
EBITDA32,3 k €100,8 k €120 k €180,8 k €42,8 k €30,8 k €20,5 k €8,2 k €14 k €9,1 k €165 k €99,5 k €169,5 k €51 k €218,6 k €63,1 k €173,7 k €140 k €6,5 k €16,9 k €
Operating result-2,3 k €66,9 k €85,4 k €146,3 k €8,9 k €-3,1 k €-12,5 k €-85,2 k €2,1 k €-2,8 k €153,1 k €87,6 k €157,5 k €38,9 k €206,5 k €51,2 k €159,7 k €132,2 k €-4,9 k €4,8 k €
Net result-7,6 k €40 k €52,9 k €128 k €3,9 k €-8,5 k €-18,2 k €-95,2 k €-12,1 k €-21,9 k €93 k €29,7 k €115,2 k €37 k €130,5 k €42,5 k €110,6 k €80,4 k €-13 k €-2,1 k €
Balance sheet
Equity752,4 k €760 k €720 k €667,1 k €543,1 k €539,3 k €547,8 k €566 k €661,1 k €673,2 k €695,2 k €602,1 k €572,5 k €457,2 k €420,2 k €289,7 k €247,2 k €136,7 k €56,2 k €69,3 k €
Total assets922,2 k €952,1 k €980,6 k €912,4 k €796,5 k €810,2 k €838,8 k €886,3 k €1 M €1 M €1,1 M €990,5 k €953 k €810,8 k €830,6 k €635,3 k €586,1 k €467,3 k €347,5 k €358,3 k €
Cash312,2 k €321,2 k €321,5 k €202,4 k €110 k €94,9 k €97,9 k €116,9 k €621,5 k €610,8 k €650,8 k €563,2 k €480,9 k €416,7 k €367,4 k €217,4 k €151,7 k €10,5 k €1,9 k €2,5 k €
Debts164,9 k €189 k €248,6 k €236 k €245,4 k €263,6 k €284,4 k €314,2 k €323,2 k €338,1 k €366,1 k €348,2 k €356,4 k €281,9 k €303,9 k €248,9 k €241,2 k €276,8 k €289,8 k €287,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 32 ended

Active mandates

Arnaud Van Tichelen

Director

Active
Baudouin Van Tichelen

Director

Active
Edouard Van Tichelen

Director

Active
Henri-Jacques Van Tichelen

Director

Active

Ended mandates

Arnaud Van Tichelen

Director · since 30 juin 2022 · until 30 juin 2027

Ended
Baudouin Van Tichelen

Director · since 30 juin 2022 · until 30 juin 2027

Ended
Edouard Tichelen

Director · since 30 juin 2022 · until 30 juin 2027

Ended
Henri-Jacques Van Tichelen

Managing director · since 30 juin 2022 · until 30 juin 2027

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/07/202616/07/202529/07/202425/07/202325/07/202213/07/2021
General meeting21/07/202630/06/202530/06/202430/06/202330/06/202218/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/07/202622/07/2026DutchPDF
Abridged model31/12/202430/06/202516/07/2025DutchPDF
Abridged model31/12/202330/06/202429/07/2024DutchPDF
Abridged model31/12/202230/06/202325/07/2023DutchPDF
Abridged model31/12/202130/06/202225/07/2022DutchPDF
Abridged model31/12/202018/06/202113/07/2021DutchPDF
Abridged model31/12/201919/06/202009/07/2020DutchPDF
Abridged model31/12/201830/06/201924/07/2019DutchPDF
Abridged model31/12/201720/06/201803/07/2018DutchPDF
Abridged model31/12/201620/06/201725/07/2017DutchPDF
Abridged model31/12/201520/06/201611/07/2016DutchPDF
Abridged model31/12/201420/06/201520/07/2015DutchPDF
Abridged modelCorrection31/12/201320/06/201406/07/2015DutchPDF
Abridged model31/12/201320/06/201416/07/2014DutchPDF
Abridged model31/12/201220/06/201305/07/2013DutchPDF
Abridged model31/12/201130/06/201219/07/2012DutchPDF
Abridged model31/12/201020/06/201111/07/2011DutchPDF
Abridged model31/12/200930/06/201028/07/2010DutchPDF
Abridged model31/12/200830/06/200927/07/2009DutchPDF
Abridged model31/12/200710/06/200828/06/2008DutchPDF
Abridged model31/12/200612/06/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 32 ended

Active mandates

Arnaud Van Tichelen

Director

Active
Baudouin Van Tichelen

Director

Active
Edouard Van Tichelen

Director

Active
Henri-Jacques Van Tichelen

Director

Active

Ended mandates

Arnaud Van Tichelen

Director · since 30 juin 2022 · until 30 juin 2027

Ended
Baudouin Van Tichelen

Director · since 30 juin 2022 · until 30 juin 2027

Ended
Edouard Tichelen

Director · since 30 juin 2022 · until 30 juin 2027

Ended
Henri-Jacques Van Tichelen

Managing director · since 30 juin 2022 · until 30 juin 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2005
    DEMISSIONS, NOMINATIONS
    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 2025-7,6 k €
  2. 2024
    Annual accounts 202440 k €
  3. 2023
    Annual accounts 202352,9 k €
  4. 2022
    Annual accounts 2022128 k €
  5. 2021
    Annual accounts 20213,9 k €
  6. 2020
    Annual accounts 2020-8,5 k €
  7. 2019
    Annual accounts 2019-18,2 k €
  8. 2018
    Annual accounts 2018-95,2 k €
  9. 2017
    Annual accounts 2017-12,1 k €
  10. 2016
    Annual accounts 2016-21,9 k €
  11. 2015
    Annual accounts 201593 k €
  12. 2014
    Annual accounts 201429,7 k €
  13. 2013
    Annual accounts 2013115,2 k €
  14. 2012
    Annual accounts 201237 k €
  15. 2011
    Annual accounts 2011130,5 k €
  16. 2010
    Annual accounts 201042,5 k €
  17. 2009
    Annual accounts 2009110,6 k €
  18. 2008
    Annual accounts 200880,4 k €
  19. 2007
    Annual accounts 2007-13 k €
  20. 2006
    Annual accounts 2006-2,1 k €
  21. 28/02/1986
    IncorporationPublic limited company