ACTIVE

ART - CASTING

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Financial year 2025 · Closed on 31/12/2025

Net result32,4 k €-90,5 %over 1 year

Gross margin2,3 M €-15,5 %over 1 year

Equity1,5 M €-3,9 %over 1 year

Workforce32,3 ETP-3,9 %over 1 year

Identity

Source · BCE/KBO

ART - CASTING is a Private limited company incorporated in 1990. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Oudenaarde. It employs on average 32,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0441.456.205
Incorporation: 21/08/1990
Legal form: Private limited company
Registered office: Meersbloem-Leupegem 13
9700 Oudenaarde · FlandreSee on map
Contributed capital: 26 162,39 €
Latest accounts: 31/12/2025
Average workforce: 32,3 ETP

Activities (NACE)

25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25620Machining 25999Manufacture of other fabricated metal products n.e.c.25999Manufacture of other fabricated metal products n.e.c.28520Manufacture of machinery and equipment n.e.c.28754Manufacture of machinery and equipment n.e.c.

Joint committees (4)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,3 M €	-15.5%	2,7 M €	-6.2%	2,9 M €	-0.3%	2,9 M €	+18.7%	2,5 M €
EBITDA	190,6 k €	-68.3%	601 k €	+13.3%	530,4 k €	-25.2%	709,1 k €	+105%	345,7 k €
Operating result	42,8 k €	-90.8%	466,6 k €	+12.3%	415,5 k €	-27.4%	572 k €	+157%	222,7 k €
Net result	32,4 k €	-90.5%	339,9 k €	+18.5%	286,8 k €	-30.0%	409,4 k €	+177%	147,5 k €
Balance sheet
Equity	1,5 M €	-3.9%	1,6 M €	+26.8%	1,3 M €	+13.7%	1,1 M €	+40.5%	792,6 k €
Total assets	3,1 M €	+3.3%	3 M €	-13.0%	3,5 M €	+4.7%	3,3 M €	+18.8%	2,8 M €
Cash	416,6 k €	-32.3%	615,2 k €	+34.8%	456,3 k €	-73.6%	1,7 M €	+41.7%	1,2 M €
Debts	1,6 M €	+12.8%	1,4 M €	-36.9%	2,2 M €	-0.0%	2,2 M €	+10.1%	2 M €
Other
Workforce	32,3 ETP	-3.9%	33,6 ETP	-12.5%	38,4 ETP	-2.3%	39,3 ETP	+9.8%	35,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GEERT NORGA	DirectorManager2017 accountsended
JOHAN NORGA	DirectorManager2017 accountsended

Other companies at this address

Meersbloem-Leupegem 13 9700 Oudenaarde

Company	CBE no.
P-A-C GROUP● Active	0691.885.756
PASCO INVEST● Active	0689.968.621

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	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	12 months	12 months	13 months	13 months	13 months	13 months
Filing date	09/07/2026	11/07/2025	16/07/2024	12/07/2023	12/07/2022	15/07/2021
General meeting	29/06/2026	23/06/2025	28/06/2024	29/06/2023	24/06/2022	25/06/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	23/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	16/07/2024	Dutch	PDF
Abridged model	30/12/2022	29/06/2023	12/07/2023	Dutch	PDF
Abridged model	30/12/2021	24/06/2022	12/07/2022	Dutch	PDF
Abridged model	30/12/2020	25/06/2021	15/07/2021	Dutch	PDF
Abridged model	30/12/2019	19/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	12/07/2013	17/07/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	07/08/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	08/08/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	03/08/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GEERT NORGA	DirectorManager2017 accountsended
JOHAN NORGA	DirectorManager2017 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Other17/01/2019
BOEKJAAR
PDF
Restructuring18/09/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/05/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring11/12/2017
Splitsingsvoorstel - partiële splitsing
PDF
Registered office01/02/2006
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares13/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

Filings18 filings

Mandates

JOHAN NORGA

GEERT NORGA

1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ART - CASTING

Meersbloem-Leupegem 13, 9700 Oudenaarde

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Meersbloem-Leupegem 13, 9700 OudenaardeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00278918

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ART - CASTINGCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00278918

Events

2025
Annual accounts 202532,4 k €↓
2024
Annual accounts 2024339,9 k €↑
2023
Annual accounts 2023286,8 k €↓
2022
Annual accounts 2022409,4 k €↑
2021
Annual accounts 2021147,5 k €↑
2020
Annual accounts 202095,5 k €↓
2017
Annual accounts 2017333,9 k €↑
2016
Annual accounts 20165,7 k €↓
2015
Annual accounts 2015175,6 k €↓
2014
Annual accounts 2014193,6 k €↑
2013
Annual accounts 201382,9 k €↓
2012
Annual accounts 2012256,2 k €↑
2011
Annual accounts 2011209,9 k €↓
2010
Annual accounts 2010231 k €↑
2009
Annual accounts 2009198,4 k €↑
2008
Annual accounts 2008106,5 k €↑
2007
Annual accounts 2007-76,9 k €↓
2006
Annual accounts 200688,9 k €
21/08/1990
IncorporationPrivate limited company

ART - CASTING

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events