A.R.W. (SA) — Ixelles (1050)

Identity

Source · BCE/KBO

A.R.W. is a Public limited company incorporated in 1995. Its registered office is in Ixelles. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0455.970.373
Incorporation: 13/04/1995
Legal form: Public limited company
Registered office: Avenue de la Couronne 257
1050 Ixelles · BruxellesSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 2,0 ETP

Joint committees (3)

112
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	554 k €	-13.4%	639,5 k €	+6.7%	599,4 k €	+31.9%	454,4 k €	-2.7%	466,8 k €
EBITDA	422,6 k €	-18.1%	516,2 k €	+6.3%	485,7 k €	+30.4%	372,5 k €	-7.9%	404,3 k €
Operating result	201,3 k €	-46.5%	376,2 k €	-30.6%	542 k €	+120%	246 k €	+30.9%	187,9 k €
Net result	124,5 k €	-50.7%	252,7 k €	-27.4%	347,9 k €	+108%	167 k €	-9.4%	184,4 k €
Balance sheet
Equity	827,3 k €	+17.7%	702,8 k €	+17.1%	600,2 k €	+49.2%	402,3 k €	-17.1%	485,3 k €
Total assets	1,6 M €	+1.1%	1,6 M €	+19.6%	1,3 M €	+21.3%	1,1 M €	+4.3%	1,1 M €
Cash	305,6 k €	-40.1%	510,3 k €	+7.1%	476,4 k €	+101%	237 k €	-11.3%	267,2 k €
Debts	802,6 k €	-11.6%	908 k €	+21.4%	748 k €	+22.8%	609,4 k €	+36.1%	447,8 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	-23.1%	1,3 ETP	-35.0%	2,0 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 · 14 ended

Active mandates

Nadine VAN KENHOVEN

Director · since 21 octobre 2021 · until 21 octobre 2027

Active

Régine REKK

Managing director · since 21 octobre 2021 · until 21 octobre 2027

Active

Ended mandates

Nadine VAN KHENHOVEN

Director · since 21 octobre 2021 · until 21 octobre 2027

Ended

Alain REKK

Managing director · since 01 décembre 2017 · until 04 janvier 2020

Ended

Alain REKK

Managing director · since 01 décembre 2017 · until 01 décembre 2023

Ended

Régine REKK

Managing director · since 01 décembre 2017 · until 01 décembre 2023

Ended

Other companies at this address

Avenue de la Couronne 257 1050 Ixelles

Company	CBE no.
SARL AVEDEL● Active	0998.536.311

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	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	24/07/2026	14/07/2025	02/07/2024	16/08/2023	30/10/2022	28/10/2021
General meeting	16/07/2026	04/06/2025	19/06/2024	31/05/2023	28/10/2022	21/10/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/07/2026	24/07/2026	French	PDF
Abridged model	31/12/2024	04/06/2025	14/07/2025	French	PDF
Abridged model	31/12/2023	19/06/2024	02/07/2024	French	PDF
Abridged model	31/12/2022	31/05/2023	16/08/2023	French	PDF
Abridged model	31/12/2021	28/10/2022	30/10/2022	French	PDF
Abridged model	31/12/2020	21/10/2021	28/10/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	10/09/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	02/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	16/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	18/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	13/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	24/10/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	31/10/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	09/10/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	French	PDF

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 · 14 ended

Active mandates

Nadine VAN KENHOVEN

Director · since 21 octobre 2021 · until 21 octobre 2027

Active

Régine REKK

Managing director · since 21 octobre 2021 · until 21 octobre 2027

Active

Ended mandates

Nadine VAN KHENHOVEN

Director · since 21 octobre 2021 · until 21 octobre 2027

Ended

Alain REKK

Managing director · since 01 décembre 2017 · until 04 janvier 2020

Ended

Alain REKK

Managing director · since 01 décembre 2017 · until 01 décembre 2023

Ended

Régine REKK

Managing director · since 01 décembre 2017 · until 01 décembre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/01/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates04/01/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office04/12/2017
SIEGE SOCIAL
PDF
Mandates14/08/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates29/08/2014
DEMISSIONS, NOMINATIONS
PDF
Other18/01/2012
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Other05/12/2007
DIVERS
PDF
Mandates04/10/2007
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025124,5 k €↓
2024
Annual accounts 2024252,7 k €↓
2023
Annual accounts 2023347,9 k €↑
2022
Annual accounts 2022167 k €↓
2021
Annual accounts 2021184,4 k €↑
2021
Name changeARW
2020
Annual accounts 202078,3 k €↓
2019
Annual accounts 2019165,6 k €↑
2018
Annual accounts 2018130,3 k €↓
2017
Annual accounts 2017167,7 k €↑
2016
Annual accounts 2016162,6 k €↑
2015
Annual accounts 2015115,6 k €↑
2014
Annual accounts 2014-24,9 k €↓
2013
Annual accounts 2013159,9 k €↑
2012
Annual accounts 2012142,9 k €↑
2011
Annual accounts 201190,1 k €↑
2010
Annual accounts 201010,6 k €↑
2009
Annual accounts 20099,5 k €↓
2008
Annual accounts 2008152,8 k €↑
2007
Annual accounts 2007105,6 k €↑
2006
Annual accounts 200611,2 k €
2006
Name changeA.R.W.
13/04/1995
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

A.R.W.

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