ACTIVE

ARVAK

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Financial year 2026 · closed on 30/06/2026

Net result

463,9 k €

+1007.7% YoY

Gross margin

681,3 k €

+991.6% YoY

Equity

599,5 k €

+130.2% YoY

What does ARVAK do?

ARVAK is a Private limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Hamont-Achel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.329.005

Incorporation

26/08/1994

Legal form

Private limited company

Registered office

Oude Watertorenstraat 4
3930 Hamont-Achel · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

30/06/2026

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	681,3 k €	+992%	62,4 k €	-35.1%	96,1 k €	+176%	34,9 k €	+325%	8,2 k €	-84.8%	54 k €	+49.6%	36,1 k €	+98.4%	18,2 k €	-33.0%	27,2 k €	+60.9%	16,9 k €	-16.0%	20,1 k €	+14.6%	17,5 k €	-26.3%	23,8 k €	-12.3%	27,1 k €	-73.8%	103,5 k €	+158%	40,2 k €	+196%	13,6 k €	+14.8%	11,8 k €	-89.0%	107,3 k €	+80.1%	59,6 k €
EBITDA	678 k €	+1042%	59,3 k €	-36.5%	93,5 k €	+203%	30,8 k €	+559%	4,7 k €	-90.8%	50,8 k €	+57.1%	32,3 k €	+142%	13,4 k €	-44.1%	23,9 k €	+69.6%	14,1 k €	-21.2%	17,9 k €	+22.6%	14,6 k €	-26.8%	19,9 k €	-19.2%	24,7 k €	-71.5%	86,5 k €	+157%	33,7 k €	+259%	9,4 k €	+10.7%	8,5 k €	-91.7%	102 k €	+84.1%	55,4 k €
Operating result	678 k €	+1061%	58,4 k €	-36.0%	91,3 k €	+246%	26,4 k €	+12836%	203,8 €	-99.6%	47 k €	+62.9%	28,8 k €	+162%	11 k €	-48.9%	21,5 k €	+83.8%	11,7 k €	+132%	5 k €	+432%	949 €	-84.2%	6 k €	-53.3%	12,9 k €	-82.9%	75,3 k €	+194%	25,7 k €	+1327%	1,8 k €	+162%	687,1 €	-99.3%	93,8 k €	+132%	40,5 k €
Net result	463,9 k €	+1008%	41,9 k €	-31.7%	61,3 k €	+289%	15,8 k €	+502%	-3,9 k €	-114%	28,9 k €	+97.0%	14,7 k €	+190%	5,1 k €	-59.0%	12,3 k €	+105%	6 k €	+14508%	41,2 €	+101%	-4,2 k €	-2245%	197,3 €	-96.1%	5 k €	-88.9%	45,1 k €	+342%	10,2 k €	+546%	-2,3 k €	+51.0%	-4,7 k €	-107%	65 k €	+233%	19,5 k €
Balance sheet
Equity	599,5 k €	+130%	260,5 k €	+19.2%	218,6 k €	+39.0%	157,2 k €	+2.2%	153,8 k €	-2.5%	157,7 k €	+22.4%	128,8 k €	+12.9%	114,2 k €	+4.6%	109,1 k €	+12.7%	96,8 k €	+6.6%	90,8 k €	+0.0%	90,7 k €	-4.5%	95 k €	+0.2%	94,8 k €	+5.6%	89,8 k €	+101%	44,6 k €	+29.6%	34,4 k €	-71.6%	121,3 k €	-3.7%	125,9 k €	+107%	60,9 k €
Total assets	649 k €	+138%	272,9 k €	+21.1%	225,4 k €	+23.3%	182,7 k €	+4.4%	175 k €	-2.3%	179,2 k €	+15.1%	155,7 k €	-5.2%	164,3 k €	+7.3%	153,1 k €	+2.9%	148,7 k €	-10.3%	165,8 k €	-6.2%	176,7 k €	+15.3%	153,3 k €	+0.4%	152,7 k €	-20.8%	192,9 k €	+35.9%	142 k €	+32.8%	106,9 k €	-41.9%	183,9 k €	-29.4%	260,7 k €	+11.5%	233,9 k €
Cash	32,9 k €	-22.3%	42,4 k €	+99.2%	21,3 k €	-74.1%	82,2 k €	+29.0%	63,7 k €	+50.5%	42,3 k €	-29.7%	60,3 k €	+178%	21,6 k €	+61.4%	13,4 k €	-42.2%	23,2 k €	+148%	9,3 k €	-68.5%	29,7 k €	+499%	5 k €	-76.5%	21,1 k €	-65.7%	61,5 k €	+2191%	2,7 k €	-89.4%	25,2 k €	+7.5%	23,5 k €	-74.9%	93,6 k €	+1027%	8,3 k €
Debts	49,4 k €	+298%	12,4 k €	+83.0%	6,8 k €	-73.4%	25,5 k €	+20.0%	21,2 k €	-1.1%	21,5 k €	-20.3%	26,9 k €	-46.3%	50,1 k €	+14.1%	44 k €	-15.4%	52 k €	-30.7%	75 k €	-12.8%	86 k €	+47.4%	58,3 k €	+0.6%	58 k €	-43.8%	103,2 k €	+6.0%	97,4 k €	+34.3%	72,5 k €	+15.6%	62,7 k €	-53.5%	134,8 k €	-22.1%	173 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2026 · 1 active · 8 ended

Active mandates

ANDRE VOS

Director · since 09 décembre 2023

Active

Ended mandates

Andre Vos

Director · since 13 octobre 2006

Ended

Andre Vos

Managing director · since 13 octobre 2006 · until 13 octobre 2012

Ended

Andre Vos

Managing director · since 13 octobre 2006

Ended

Katrijn Vos

Director · since 13 octobre 2006 · until 13 octobre 2012

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2025	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020
Closing of the financial year	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	28/10/2025	20/01/2025	22/12/2023	07/11/2022	08/11/2021
General meeting	30/07/2026	21/10/2025	20/12/2024	08/12/2023	14/10/2022	08/10/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2026	30/07/2026	31/07/2026	Dutch	PDF
Micro model	30/06/2025	21/10/2025	28/10/2025	Dutch	PDF
Micro model	30/06/2024	20/12/2024	20/01/2025	Dutch	PDF
Micro model	30/06/2023	08/12/2023	22/12/2023	Dutch	PDF
Micro model	30/06/2022	14/10/2022	07/11/2022	Dutch	PDF
Micro model	30/06/2021	08/10/2021	08/11/2021	Dutch	PDF
Micro model	30/06/2020	30/10/2020	26/11/2020	Dutch	PDF
Micro model	30/06/2019	11/10/2019	22/01/2020	Dutch	PDF
Micro model	30/06/2018	12/10/2018	13/12/2018	Dutch	PDF
Micro model	30/06/2017	13/10/2017	07/12/2017	Dutch	PDF
Abridged model	30/06/2016	14/10/2016	20/12/2016	Dutch	PDF
Abridged model	30/06/2015	09/10/2015	03/12/2015	Dutch	PDF
Abridged model	30/06/2014	10/10/2014	26/02/2015	Dutch	PDF
Abridged model	30/06/2013	11/10/2013	15/01/2014	Dutch	PDF
Abridged model	30/06/2012	12/10/2012	27/02/2013	Dutch	PDF
Abridged model	30/06/2011	14/10/2011	12/01/2012	Dutch	PDF
Abridged model	30/06/2010	08/10/2010	21/12/2010	Dutch	PDF
Abridged model	30/06/2009	09/10/2009	23/11/2009	Dutch	PDF
Abridged model	30/06/2008	10/10/2008	27/01/2009	Dutch	PDF
Abridged model	30/06/2007	12/10/2007	09/01/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2026 · 1 active · 8 ended

Active mandates

ANDRE VOS

Director · since 09 décembre 2023

Active

Ended mandates

Andre Vos

Director · since 13 octobre 2006

Ended

Andre Vos

Managing director · since 13 octobre 2006 · until 13 octobre 2012

Ended

Andre Vos

Managing director · since 13 octobre 2006

Ended

Katrijn Vos

Director · since 13 octobre 2006 · until 13 octobre 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/08/2026
Wijziging adres zetel
PDF
Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates05/05/2010
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates17/07/2007
ONTSLAGEN - BENOEMINGEN
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

2026
Annual accounts 2026463,9 k €↑
2025
Annual accounts 202541,9 k €↓
2024
Annual accounts 202461,3 k €↑
2023
Annual accounts 202315,8 k €↑
2022
Annual accounts 2022-3,9 k €↓
2021
Annual accounts 202128,9 k €↑
2020
Annual accounts 202014,7 k €↑
2019
Annual accounts 20195,1 k €↓
2018
Annual accounts 201812,3 k €↑
2017
Annual accounts 20176 k €↑
2016
Annual accounts 201641,2 €↑
2015
Annual accounts 2015-4,2 k €↓
2014
Annual accounts 2014197,3 €↓
2013
Annual accounts 20135 k €↓
2012
Annual accounts 201245,1 k €↑
2011
Annual accounts 201110,2 k €↑
2010
Annual accounts 2010-2,3 k €↑
2009
Annual accounts 2009-4,7 k €↓
2008
Annual accounts 200865 k €↑
2007
Annual accounts 200719,5 k €
26/08/1994
IncorporationPrivate 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

ARVAK

Overview

What does ARVAK do?

Trend over 20 financial years

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