A.R.W.
0439.676.155 · rovalta.com · 24/09/2026
ACTIVE
A.R.W.
Financial year 2025 · Closed on 31/05/2025
Net result378,4 k €-16,8 %over 1 year
Revenue34,7 M €+6,9 %over 1 year
Equity4,2 M €+4,5 %over 1 year
Workforce23,8 ETP+7,2 %over 1 year
Overview
Identity
Source · BCE/KBOA.R.W. is a Public limited company incorporated in 1990. Its registered office is in Bruxelles. It employs on average 23,8 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0439.676.155
- Incorporation
- 04/01/1990
- Legal form
- Public limited company
- Registered office
- Avenue de l'Atomium 9
1020 Bruxelles · BruxellesSee on map - Contributed capital
- 371 840,29 €
- Latest accounts
- 31/05/2025
- Average workforce
- 23,8 ETP
Joint committees (5)
- 109
- 10900
- 215
- 21500
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 19 filingsTrend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 34,7 M € | +6.9% | 32,5 M € | -9.1% | 35,7 M € | +16.8% | 30,6 M € | +41.0% | 21,7 M € |
| EBITDA | 880 k € | -4.0% | 917 k € | -43.4% | 1,6 M € | +56.4% | 1 M € | +182% | 367,5 k € |
| Operating result | 713,6 k € | -11.8% | 809,1 k € | -45.1% | 1,5 M € | +66.1% | 887,3 k € | +445% | 162,9 k € |
| Net result | 378,4 k € | -16.8% | 454,5 k € | -52.7% | 960,3 k € | +74.5% | 550,4 k € | +4243% | -13,3 k € |
| Balance sheet | |||||||||
| Equity | 4,2 M € | +4.5% | 4 M € | +8.1% | 3,7 M € | +19.4% | 3,1 M € | +8.4% | 2,9 M € |
| Total assets | 6,5 M € | +11.1% | 5,9 M € | -16.8% | 7,1 M € | +1.2% | 7 M € | +19.4% | 5,8 M € |
| Cash | 122,1 k € | -15.5% | 144,5 k € | -46.2% | 268,6 k € | -27.5% | 370,3 k € | -12.9% | 424,9 k € |
| Debts | 2,2 M € | +30.6% | 1,7 M € | -41.1% | 2,8 M € | -16.8% | 3,4 M € | +14.7% | 3 M € |
| Other | |||||||||
| Workforce | 23,8 ETP | +7.2% | 22,2 ETP | +7.8% | 20,6 ETP | +0.5% | 20,5 ETP | -3.3% | 21,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/05/20252 active · 45 ended
Active mandates
Active
Active
Ended mandates
Other companies at this address
Avenue de l'Atomium 9 1020 Bruxelles| Company | CBE no. |
|---|---|
MIKE R. BRUSSEL● Liquidation | 0436.702.017 |
SIDE STEP BRUSSEL● Liquidation | 0436.701.819 |
Financials
Full financial information
Source · NBB| 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 | 01/06/2024 | 01/06/2023 | 01/06/2022 | 01/06/2021 | 01/06/2020 | 01/06/2019 |
| Closing of the financial year | 31/05/2025 | 31/05/2024 | 31/05/2023 | 31/05/2022 | 31/05/2021 | 31/05/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/11/2025 | 03/10/2024 | 08/11/2023 | 20/10/2022 | 29/10/2021 | 30/10/2020 |
| General meeting | 12/09/2025 | 13/09/2024 | 08/09/2023 | 09/09/2022 | 10/09/2021 | 11/09/2020 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/05/2025 | 12/09/2025 | 13/11/2025 | Dutch | |
| Full model | 31/05/2024 | 13/09/2024 | 03/10/2024 | Dutch | |
| Full model | 31/05/2023 | 08/09/2023 | 08/11/2023 | Dutch | |
| Full model | 31/05/2022 | 09/09/2022 | 20/10/2022 | Dutch | |
| Full model | 31/05/2021 | 10/09/2021 | 29/10/2021 | Dutch | |
| Full model | 31/05/2020 | 11/09/2020 | 30/10/2020 | Dutch | |
| Full model | 31/05/2019 | 13/09/2019 | 16/10/2019 | Dutch | |
| Full model | 31/05/2018 | 14/09/2018 | 11/10/2018 | Dutch | |
| Full model | 31/05/2017 | 08/09/2017 | 25/09/2017 | Dutch | |
| Full model | 31/05/2016 | 09/09/2016 | 19/09/2016 | Dutch | |
| Full model | 31/05/2015 | 11/09/2015 | 09/10/2015 | Dutch | |
| Full model | 31/05/2014 | 12/09/2014 | 19/02/2015 | Dutch | |
| Full model | 31/05/2013 | 13/09/2013 | 15/10/2013 | Dutch | |
| Full model | 31/05/2012 | 14/09/2012 | 13/11/2012 | Dutch | |
| Full model | 31/05/2011 | 09/09/2011 | 22/02/2012 | Dutch | |
| Full model | 31/05/2010 | 10/09/2010 | 21/09/2010 | Dutch | |
| Full model | 31/05/2009 | 11/09/2009 | 22/09/2009 | Dutch | |
| Full model | 31/05/2008 | 12/09/2008 | 15/10/2008 | Dutch | |
| Full model | 31/05/2007 | 10/09/2007 | 26/09/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/05/20252 active · 45 ended
Active mandates
Active
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates07/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates18/04/2023ONTSLAGEN - BENOEMINGEN
- Mandates04/08/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates13/10/2021ONTSLAGEN - BENOEMINGEN
- Mandates02/10/2019ONTSLAGEN - BENOEMINGEN
- Mandates03/09/2019ONTSLAGEN - BENOEMINGEN
- Mandates04/08/2017ONTSLAGEN - BENOEMINGEN
- Mandates09/08/2013ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025378,4 k €↓
- 2024Annual accounts 2024454,5 k €↓
- 2023Annual accounts 2023960,3 k €↑
- 2022Annual accounts 2022550,4 k €↑
- 2021Annual accounts 2021-13,3 k €↑
- 2020Annual accounts 2020-18,8 k €↓
- 2019Annual accounts 201920,8 k €↑
- 2018Annual accounts 2018-128,7 k €↓
- 2017Annual accounts 201762,4 k €↓
- 2016Annual accounts 201675,6 k €↓
- 2015Annual accounts 2015175,3 k €↓
- 2014Annual accounts 20141,1 M €↑
- 2013Annual accounts 2013833,7 k €↓
- 2012Annual accounts 2012835 k €↑
- 2009Annual accounts 2009533,6 k €↑
- 2007Annual accounts 2007199,8 k €
- 04/01/1990IncorporationPublic limited company