ACTIVE

INTERNATIONAL ART TRADING COMPANY

Financial year 2025 · Closed on 31/12/2025

Net result433,4 k €-37,4 %over 1 year
Revenue14,5 M €-1,5 %over 1 year
Equity27,4 M €+1,6 %over 1 year
Workforce13,0 ETP-4,4 %over 1 year

Identity

Source · BCE/KBO

INTERNATIONAL ART TRADING COMPANY is a Public limited company incorporated in 1989. Its main activity is: Retail sale of cultural and recreation goods in specialised stores. Its registered office is in Knokke-Heist. It employs on average 13,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.156.315
Incorporation
01/12/1989
Legal form
Public limited company
Registered office
Natiënlaan 159
8300 Knokke-Heist · FlandreSee on map
Contributed capital
562 000,00 €
Latest accounts
31/12/2025
Average workforce
13,0 ETP
Joint committees (2)
  • 100
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue14,5 M €14,7 M €17,2 M €21,8 M €32,1 M €
EBITDA1,3 M €1,8 M €2,2 M €5,9 M €4,3 M €
Operating result854,6 k €1,4 M €1,8 M €5,5 M €3,9 M €
Net result433,4 k €692,9 k €1,2 M €4,5 M €2,8 M €
Balance sheet
Equity27,4 M €27 M €26,3 M €25,1 M €20,6 M €
Total assets55,5 M €51,8 M €46,6 M €40 M €36,4 M €
Cash327,1 k €89 k €178 k €3,4 M €2,9 M €
Debts28,1 M €24,8 M €20,4 M €15 M €15,7 M €
Other
Workforce13,0 ETP13,6 ETP14,5 ETP14,8 ETP13,8 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 · 11 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Guy Pieters
Directorsince 15/12/1989
000
Linda Gussé
Directorsince 15/12/1989
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Guy Pieters
Directorsince 01/04/2016
000
Guy Pieters
Managing director01/04/2016 → 31/03/2022
000
Guy Pieters
Managing directorsince 01/04/2016
000
Linda Gussé
Director01/04/2016 → 31/03/2022
000

Other companies at this address

Natiënlaan 159 8300 Knokke-Heist
CompanyCBE no.
BOON● Active
0414.612.939
P. INVEST● Active
0439.076.834

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date25/08/202629/09/202530/08/202418/10/202326/08/202225/11/2021
General meeting31/07/202631/08/202531/07/202420/09/202331/07/202225/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/07/202625/08/2026DutchPDF
Full model31/12/202431/08/202529/09/2025DutchPDF
Full model31/12/202331/07/202430/08/2024DutchPDF
Full model31/12/202220/09/202318/10/2023DutchPDF
Full model31/12/202131/07/202226/08/2022DutchPDF
Full model31/12/202025/10/202125/11/2021DutchPDF
Full model31/12/201916/10/202016/11/2020DutchPDF
Full model31/12/201831/08/201927/09/2019DutchPDF
Full model31/12/201731/08/201827/09/2018DutchPDF
Full model31/12/201607/04/201721/11/2017DutchPDF
Abridged model31/12/201501/04/201626/09/2016DutchPDF
Abridged model31/12/201403/04/201516/10/2015DutchPDF
Abridged model31/12/201304/04/201419/02/2015DutchPDF
Abridged model31/12/201205/04/201309/12/2013DutchPDF
Abridged model31/12/201106/04/201220/09/2012DutchPDF
Abridged model31/12/201001/04/201130/09/2011DutchPDF
Abridged model31/12/200902/04/201018/06/2010DutchPDF
Abridged model31/12/200803/04/200922/06/2009DutchPDF
Abridged model31/12/200704/04/200814/01/2009DutchPDF
Abridged model31/12/200604/06/200714/01/2009DutchPDF
Abridged model31/12/200507/04/200629/03/2007DutchPDF

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 · 11 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Guy Pieters
Directorsince 15/12/1989
000
Linda Gussé
Directorsince 15/12/1989
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Guy Pieters
Directorsince 01/04/2016
000
Guy Pieters
Managing director01/04/2016 → 31/03/2022
000
Guy Pieters
Managing directorsince 01/04/2016
000
Linda Gussé
Director01/04/2016 → 31/03/2022
000

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other19/08/2026
    ZETELWIJZIGING - VOLMACHT
    PDF
  • Other09/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/01/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office21/01/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/08/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/09/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025433,4 k €↓
  2. 2024
    Annual accounts 2024692,9 k €↓
  3. 2023
    Annual accounts 20231,2 M €↓
  4. 2022
    Annual accounts 20224,5 M €↑
  5. 31/07/2022
    reconductionGuy Pieters · bestuurder
  6. 31/07/2022
    reconductionLinda Gussé · bestuurder
  7. 2021
    Annual accounts 20212,8 M €↑
  8. 2020
    Annual accounts 2020372,8 k €↓
  9. 2019
    Annual accounts 20191 M €↑
  10. 2018
    Annual accounts 2018694,4 k €↑
  11. 2017
    Annual accounts 2017542,1 k €↓
  12. 2016
    Annual accounts 20162,7 M €↑
  13. 2015
    Annual accounts 20152,3 M €↑
  14. 2014
    Annual accounts 20141,4 M €↑
  15. 2013
    Annual accounts 20131,3 M €↑
  16. 2012
    Annual accounts 20121 M €
  17. 01/12/1989
    IncorporationPublic limited company

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Natiënlaan 159, 8300 Knokke-HeistCurrent
accounts 2025 · CBE, tracked since 27/09/2026
Accounts 2025 · 2026-00426061
Edgard Gevaertdreef 10, 9830 Sint-Martens-Latem
accounts 2021 → 2024
Accounts 2024 · 2025-00511324

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.