ACTIVE

ARTBEL

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Financial year 2025 · Closed on 31/12/2025

Net result103,8 k €+234,8 %over 1 year

Gross margin1,1 M €+19,6 %over 1 year

Equity2,1 M €+4,9 %over 1 year

Workforce10,4 ETP-5,5 %over 1 year

Identity

Source · BCE/KBO

ARTBEL is a Public limited company incorporated in 1987. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Rochefort. It employs on average 10,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0432.789.551
Incorporation: 21/12/1987
Legal form: Public limited company
Registered office: Rue du Hambeau,Belvaux 18
5580 Rochefort · WallonieSee on map
Contributed capital: 152 000,00 €
Latest accounts: 31/12/2025
Average workforce: 10,4 ETP

Activities (NACE)

45250Maintenance and repair of motor vehicles· main 81300Landscape service activities 81300Landscape service activities 43350Building completion and finishing 43390Other building completion and finishing 43990Other specialised construction activities n.e.c.+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	+19.6%	909,8 k €	-25.2%	1,2 M €	+39.0%	875,2 k €	-34.9%	1,3 M €
EBITDA	461 k €	+64.3%	280,6 k €	-53.6%	604,4 k €	+24.1%	487 k €	-32.9%	725,3 k €
Operating result	91,1 k €	+236%	-66,8 k €	-129%	230,5 k €	+3217%	6,9 k €	-97.2%	247,1 k €
Net result	103,8 k €	+235%	-77 k €	-147%	163,4 k €	+14084%	-1,2 k €	-101%	209,2 k €
Balance sheet
Equity	2,1 M €	+4.9%	2 M €	-3.8%	2,1 M €	+8.4%	1,9 M €	-0.4%	1,9 M €
Total assets	2,4 M €	+5.9%	2,3 M €	-14.1%	2,7 M €	+0.8%	2,7 M €	-7.4%	2,9 M €
Cash	61,2 k €	-90.0%	610,9 k €	+77.5%	344,1 k €	-11.3%	388 k €	+170%	143,5 k €
Debts	356,5 k €	+11.9%	318,6 k €	-48.3%	616,6 k €	-18.6%	757,4 k €	-21.4%	963,5 k €
Other
Workforce	10,4 ETP	-5.5%	11,0 ETP	-17.9%	13,4 ETP	+50.6%	8,9 ETP	-28.2%	12,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period
MICHEL TIELEMAN	MandateDirector29/03/2012 → 2020 accountsended
Nadine CAPART	MandateAssociate29/03/2012 → 2020 accountsended

Ended mandates

Director	Mandates in this company	Period
Hervé TITEUX	Director07/06/2006 → 2010 accountsAssociate07/06/2006 → 2011 accounts
Michèle MARLAIRE	Managing director06/06/2006 → 2011 accounts
Steve TITEUX	Director01/06/2003 → 07/06/2009

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2026	27/08/2025	09/08/2024	08/08/2023	30/08/2022	27/08/2021
General meeting	30/06/2026	23/08/2025	30/06/2024	04/06/2023	25/08/2022	24/08/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	23/08/2025	27/08/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	09/08/2024	French	PDF
Abridged model	31/12/2022	04/06/2023	08/08/2023	French	PDF
Abridged model	31/12/2021	25/08/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	24/08/2021	27/08/2021	French	PDF
Abridged model	31/12/2019	07/06/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	02/06/2019	27/06/2019	French	PDF
Abridged model	31/12/2017	03/06/2018	21/08/2018	French	PDF
Abridged model	31/12/2016	04/06/2017	11/07/2017	French	PDF
Abridged model	31/12/2015	05/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	07/06/2015	13/08/2015	French	PDF
Abridged model	31/12/2013	01/06/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	02/06/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	03/06/2012	04/06/2012	French	PDF
Abridged model	31/12/2010	05/06/2011	11/07/2011	French	PDF
Abridged modelCorrection	31/12/2009	06/06/2010	15/07/2010	French	PDF
Abridged model	31/12/2009	06/06/2010	29/06/2010	French	PDF
Abridged model	31/12/2008	07/06/2009	18/06/2009	French	PDF
Abridged model	31/12/2007	01/06/2008	07/07/2008	French	PDF
Abridged model	31/12/2006	03/06/2007	22/06/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period
MICHEL TIELEMAN	MandateDirector29/03/2012 → 2020 accountsended
Nadine CAPART	MandateAssociate29/03/2012 → 2020 accountsended

Ended mandates

Director	Mandates in this company	Period
Hervé TITEUX	Director07/06/2006 → 2010 accountsAssociate07/06/2006 → 2011 accounts
Michèle MARLAIRE	Managing director06/06/2006 → 2011 accounts
Steve TITEUX	Director01/06/2003 → 07/06/2009

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/06/2024
DEMISSIONS, NOMINATIONS
PDF
Other24/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates29/08/2018
DEMISSIONS, NOMINATIONS
PDF
Capital / shares20/01/2015
CAPITAL, ACTIONS
PDF
Mandates19/04/2012
DENOMINATION - SIEGE SOCIAL - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/03/2012
DEMISSIONS, NOMINATIONS
PDF
Registered office17/11/2010
Transfert de l'adresse du siège soclal
PDF
Mandates25/09/2006
Renouvellement des mandats des administrateurs
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

TIELEMAN Michel

CAPART Nadine

Hervé TITEUX

Michèle MARLAIRE

Steve TITEUX

1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ARTBEL

Rue du Hambeau,Belvaux 18, 5580 Rochefort

Director

Associate

DirectorAssociate

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Hambeau,Belvaux 18, 5580 RochefortCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00381246

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ARTBELCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00381246

Events

2025
Annual accounts 2025103,8 k €↑
2024
Annual accounts 2024-77 k €↓
2023
Annual accounts 2023163,4 k €↑
2022
Annual accounts 2022-1,2 k €↓
2021
Annual accounts 2021209,2 k €↓
2020
Annual accounts 2020394 k €↑
2019
Annual accounts 2019291,7 k €↑
2018
Annual accounts 2018273,2 k €↑
2017
Annual accounts 201748,7 k €↓
2016
Annual accounts 2016159,7 k €↓
2015
Annual accounts 2015177,1 k €↓
2014
Annual accounts 2014287,4 k €↑
2013
Annual accounts 2013-5,5 k €↑
2012
Annual accounts 2012-75,9 k €↓
2011
Annual accounts 2011-5,4 k €↑
2010
Annual accounts 2010-8,7 k €↑
2009
Annual accounts 2009-8,8 k €↓
2008
Annual accounts 2008-941 €↑
2007
Annual accounts 2007-11,8 k €↓
2006
Annual accounts 200611,3 k €
21/12/1987
IncorporationPublic limited company

ARTBEL

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

Registered offices

Company names

Events