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Artes Uptech

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Financial year 2025 · closed on 31/12/2025

Net result

-266,8 k €

+69.5% YoY

Revenue

19,8 M €

+130.3% YoY

Equity

2,5 M €

-9.6% YoY

Workforce

46,7 ETP

-7.2% YoY

What does Artes Uptech do?

Artes Uptech is a Public limited company incorporated in 1988. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Oudenburg. It employs on average 46,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.471.305

Incorporation

04/10/1988

Legal form

Public limited company

Registered office

Stationsstraat 56
8460 Oudenburg · FlandreSee on map

Contributed capital

800 000,00 €

Latest accounts

31/12/2025

Average workforce

46,7 ETP

Activities (NACE)

43221Plumbing, heat and air-conditioning installation· main 43221Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 45332Sale of motor vehicle parts and accessories+3

Joint committees (3)

Signals

Solid equityLow riskGood liquidityHealthy 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	19,8 M €	+130%	8,6 M €	-48.7%	16,8 M €	+35.4%	12,4 M €	+73.9%	7,1 M €	-34.2%	10,8 M €	-31.9%	15,9 M €	+18.0%	13,5 M €	+2.6%	13,1 M €		–		8,3 M €	+19.1%	6,9 M €		–		–		6,3 M €	+12.9%	5,5 M €		–		–		–		–
EBITDA	-31,9 k €	+95.7%	-746,9 k €	-141%	1,8 M €	+43.9%	1,3 M €	-6.9%	1,3 M €	+57.8%	855 k €	+42.6%	599,5 k €	+27.2%	471,5 k €	-30.8%	681,8 k €	+56.7%	435,1 k €	-4.7%	456,4 k €	+31.4%	347,3 k €	+154%	136,8 k €	-32.8%	203,6 k €	+36.5%	149,2 k €	-52.8%	316 k €	+78.7%	176,8 k €	-1.5%	179,6 k €	-42.8%	313,9 k €	+194%	106,8 k €
Operating result	-270,3 k €	+69.9%	-896,6 k €	-157%	1,6 M €	+46.3%	1,1 M €	-10.2%	1,2 M €	+192%	407,7 k €	+20.3%	339 k €	+78.0%	190,4 k €	-48.2%	367,5 k €	+61.2%	228,1 k €	-27.9%	316,2 k €	+21.9%	259,4 k €	+284%	67,6 k €	-49.3%	133,3 k €	+18.5%	112,5 k €	-56.4%	258,3 k €	+116%	119,7 k €	-5.3%	126,4 k €	-50.3%	254,5 k €	+354%	56,1 k €
Net result	-266,8 k €	+69.5%	-875,3 k €	-176%	1,2 M €	+47.0%	786,7 k €	-13.7%	911,7 k €	+269%	247,3 k €	+35.2%	182,9 k €	+128%	80,3 k €	-66.9%	242,7 k €	+136%	102,7 k €	-52.7%	217,4 k €	+17.9%	184,3 k €	+527%	29,4 k €	-26.4%	39,9 k €	-48.2%	77,1 k €	-51.7%	159,8 k €	+119%	72,9 k €	-5.2%	76,9 k €	-53.1%	163,9 k €	+273%	44 k €
Balance sheet
Equity	2,5 M €	-9.6%	2,8 M €	-23.9%	3,7 M €	+17.4%	3,1 M €	+14.6%	2,7 M €	+20.4%	2,3 M €	+12.3%	2 M €	+10.0%	1,8 M €	+4.6%	1,7 M €	+7.9%	1,6 M €	+6.8%	1,5 M €	+9.9%	1,4 M €	+8.2%	1,3 M €	+2.4%	1,2 M €	+4.9%	1,2 M €	+2.3%	1,2 M €	+15.9%	1 M €	+1.8%	984,5 k €	+2.4%	961,5 k €	+12.9%	851,7 k €
Total assets	8,1 M €	+35.8%	6 M €	-13.1%	6,9 M €	+2.8%	6,7 M €	-17.7%	8,1 M €	+32.5%	6,1 M €	-23.0%	8 M €	+20.3%	6,6 M €	+15.6%	5,7 M €	-12.8%	6,6 M €	+54.3%	4,3 M €	-3.2%	4,4 M €	+26.8%	3,5 M €	+0.4%	3,5 M €	+3.1%	3,3 M €	+19.0%	2,8 M €	-15.8%	3,3 M €	+19.1%	2,8 M €	+7.6%	2,6 M €	+19.2%	2,2 M €
Cash	753,7 k €	+18.1%	638,2 k €	-52.0%	1,3 M €	+24.5%	1,1 M €	-54.6%	2,4 M €	+30.7%	1,8 M €	+394%	364,1 k €	+157%	141,9 k €	-50.0%	283,9 k €	+24.8%	227,6 k €	+24.1%	183,5 k €	+33.5%	137,4 k €	-48.5%	266,8 k €	+44.0%	185,3 k €	+125%	82,5 k €	-65.3%	237,7 k €	+60981%	389,1 €	-99.7%	142,7 k €	-21.4%	181,5 k €	+2628%	6,7 k €
Debts	5,4 M €	+75.9%	3,1 M €	+0.1%	3,1 M €	-10.7%	3,4 M €	-34.8%	5,3 M €	+40.2%	3,8 M €	-36.2%	5,9 M €	+23.7%	4,8 M €	+22.8%	3,9 M €	-15.0%	4,6 M €	+74.3%	2,6 M €	-9.2%	2,9 M €	+37.4%	2,1 M €	+0.0%	2,1 M €	+1.2%	2,1 M €	+26.7%	1,6 M €	-29.5%	2,3 M €	+29.1%	1,8 M €	+10.7%	1,6 M €	+23.6%	1,3 M €
Other
Workforce	46,7 ETP	-7.2%	50,3 ETP	-7.2%	54,2 ETP	+0.9%	53,7 ETP	-0.9%	54,2 ETP	-4.1%	56,5 ETP	-3.4%	58,5 ETP	-2.8%	60,2 ETP	-2.9%	62,0 ETP	+6.2%	58,4 ETP	+8.3%	53,9 ETP	-0.9%	54,4 ETP	-0.4%	54,6 ETP	-3.0%	56,3 ETP	+6.8%	52,7 ETP	+4.4%	50,5 ETP	-7.3%	54,5 ETP	+5.6%	51,6 ETP	+12.9%	45,7 ETP	+6.3%	43,0 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 31/12/2025 · 3 active · 27 ended

Active mandates

ELCONSTRUCT

Managing director · since 27 mai 2025 · until 31 mai 2028 · 0554.696.676

Represented by Johan Van Overwalle

Active

PACT 14

Director · since 27 mai 2025 · until 31 mai 2028 · 0780.850.097

Represented by Matthias HOORNAERT

Active

ROBERT HOORNAERT

Director · since 27 mai 2025 · until 31 mai 2028

Active

Ended mandates

PACT 14

Director · since 25 janvier 2022 · until 27 mai 2023 · 0780.850.097

Represented by Koen VANDEWALLE

Ended

PACT 14

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

Represented by Koen VANDEWALLE

Ended

ELCONSTRUCT

Managing director · since 01 janvier 2022 · until 27 mai 2023 · 0554.696.676

Represented by Johan Van Overwalle

Ended

ELCONSTRUCT

Managing director · since 01 janvier 2022 · until 31 mai 2023 · 0554.696.676

Represented by Johan Van Overwalle

Ended

At this address

Other companies at this address

Company	CBE no.
Saniplus● Liquidation	0464.338.208

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	30/06/2026	29/06/2025	27/06/2024	27/06/2023	30/06/2022	22/09/2021
General meeting	27/05/2026	28/05/2025	29/05/2024	27/05/2023	28/05/2022	29/05/2021
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

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/05/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	28/05/2025	29/06/2025	Dutch	PDF
Full model	31/12/2023	29/05/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	27/05/2023	27/06/2023	Dutch	PDF
Full model	31/12/2021	28/05/2022	30/06/2022	Dutch	PDF
Full modelCorrection	31/12/2020	29/05/2021	22/09/2021	Dutch	PDF
Full model	31/12/2020	29/05/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	30/05/2020	19/06/2020	Dutch	PDF
Full model	31/12/2018	25/05/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	26/05/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	13/07/2017	Dutch	PDF
Full model	31/12/2015	28/05/2016	04/07/2016	Dutch	PDF
Full model	31/12/2014	30/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	07/06/2013	Dutch	PDF
Full modelCorrection	31/12/2011	26/05/2012	13/08/2012	Dutch	PDF
Full modelCorrection	31/12/2011	26/05/2012	05/07/2012	Dutch	PDF
Full model	31/12/2011	26/05/2012	04/06/2012	Dutch	PDF
Full model	31/12/2010	24/06/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	16/04/2010	03/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	11/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	10/05/2007	25/05/2007	Dutch	PDF

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 31/12/2025 · 3 active · 27 ended

Active mandates

ELCONSTRUCT

Managing director · since 27 mai 2025 · until 31 mai 2028 · 0554.696.676

Represented by Johan Van Overwalle

Active

PACT 14

Director · since 27 mai 2025 · until 31 mai 2028 · 0780.850.097

Represented by Matthias HOORNAERT

Active

ROBERT HOORNAERT

Director · since 27 mai 2025 · until 31 mai 2028

Active

Ended mandates

PACT 14

Director · since 25 janvier 2022 · until 27 mai 2023 · 0780.850.097

Represented by Koen VANDEWALLE

Ended

PACT 14

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

Represented by Koen VANDEWALLE

Ended

ELCONSTRUCT

Managing director · since 01 janvier 2022 · until 27 mai 2023 · 0554.696.676

Represented by Johan Van Overwalle

Ended

ELCONSTRUCT

Managing director · since 01 janvier 2022 · until 31 mai 2023 · 0554.696.676

Represented by Johan Van Overwalle

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/05/2024
KAPITAAL - AANDELEN
PDF
Mandates10/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other30/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates01/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/05/2023
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

2025
Annual accounts 2025-266,8 k €↑
2024
Annual accounts 2024-875,3 k €↓
2023
Annual accounts 20231,2 M €↑
2023
Name changeArtes Uptech NV
2022
Annual accounts 2022786,7 k €↓
2021
Annual accounts 2021911,7 k €↑
2020
Annual accounts 2020247,3 k €↑
2019
Annual accounts 2019182,9 k €↑
2018
Annual accounts 201880,3 k €↓
2017
Annual accounts 2017242,7 k €↑
2016
Annual accounts 2016102,7 k €↓
2015
Annual accounts 2015217,4 k €↑
2014
Annual accounts 2014184,3 k €↑
2013
Annual accounts 201329,4 k €↓
2012
Annual accounts 201239,9 k €↓
2011
Annual accounts 201177,1 k €↓
2010
Annual accounts 2010159,8 k €↑
2009
Annual accounts 200972,9 k €↓
2008
Annual accounts 200876,9 k €↓
2007
Annual accounts 2007163,9 k €↑
2006
Annual accounts 200644 k €
2006
Name changeVan Maele
04/10/1988
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 Uptech

Overview

What does Artes Uptech 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