ACTIVE

ARTECO

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Financial year 2022 · Closed on 31/12/2022

Net result11,8 M €-5,9 %over 1 year
Revenue150,7 M €+4,8 %over 1 year
Equity27 M €+11,7 %over 1 year
Workforce67,5 ETP+8,9 %over 1 year

Identity

Source · BCE/KBO

ARTECO is a Public limited company incorporated in 1998. Its main activity is: Wholesale of chemical products. Its registered office is in Schoten. It employs on average 67,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.801.936
Incorporation
09/07/1998
Legal form
Public limited company
Registered office
Metropoolstraat 25
2900 Schoten · FlandreSee on map
Contributed capital
6 286 000,00 €
Latest accounts
31/12/2022
Average workforce
67,5 ETP
Joint committees (1)
  • 207
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 28 filings

Trend over 15 financial years

20222021202020192018
Income statement
Revenue150,7 M €143,8 M €106,2 M €136,8 M €167,9 M €
EBITDA16,5 M €17,7 M €17,7 M €26,6 M €22,8 M €
Operating result15,5 M €16,6 M €16,6 M €25,6 M €21,9 M €
Net result11,8 M €12,6 M €12,4 M €18 M €15,1 M €
Balance sheet
Equity27 M €24,1 M €23,6 M €29,2 M €25,7 M €
Total assets45,3 M €42,7 M €36,1 M €42,1 M €43,7 M €
Cash486,1 k €682,2 k €5 M €9,7 M €2,9 M €
Debts17,4 M €18,6 M €12 M €11,6 M €18 M €
Other
Workforce67,5 ETP62,0 ETP59,3 ETP54,8 ETP55,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2022

8 active · 117 ended

Active mandates

Danielle Lincoln

Director · since 16 novembre 2022 · until 30 mai 2025

Active
Nathalie Debbasch

Director · since 01 juillet 2022 · until 30 mai 2025

Active
Olivier Bertomeu

Director · since 01 juillet 2022 · until 30 mai 2025

Active
Eddy Devriese

Director · since 27 mai 2022 · until 30 mai 2025

Active
Jean Parizot

Chairman of the board of directors · since 27 mai 2022 · until 30 mai 2025

Active
Patrick McCloud

Director · since 27 mai 2022 · until 30 mai 2025

Active
Peter De Jonghe

Director · since 27 mai 2022 · until 30 mai 2025

Active
Thomas Chang

Director · since 27 mai 2022 · until 30 mai 2025

Active

Ended mandates

Peter De Jonghe

Director · since 01 octobre 2021 · until 27 mai 2022

Ended
Thomas Chang

Director · since 01 mai 2021 · until 27 mai 2022

Ended
Patrick McCloud

Director · since 01 décembre 2020 · until 27 mai 2022

Ended
Rochna Kaul

Director · since 01 décembre 2020 · until 27 mai 2022

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountConsolidated accountsConsolidated accountsFull modelFull modelConsolidated accountsConsolidated accounts
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202509/07/202430/05/202307/06/202204/08/202127/08/2020
General meeting21/02/202526/02/202426/05/202327/05/202225/02/202121/02/2020
Currency of the financial yearUSDUSDEUREURUSDUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 28 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/05/202517/06/2025DutchPDF
Consolidated accounts31/12/202421/02/202502/07/2025DutchPDF
Full model31/12/202319/06/202428/06/2024DutchPDF
Consolidated accounts31/12/202326/02/202409/07/2024DutchPDF
Full model31/12/202226/05/202330/05/2023DutchPDF
Consolidated accounts31/12/202223/02/202325/07/2023DutchPDF
Full model31/12/202127/05/202207/06/2022DutchPDF
Consolidated accounts31/12/202124/02/202211/08/2022DutchPDF
Full model31/12/202028/05/202131/05/2021DutchPDF
Consolidated accounts31/12/202025/02/202104/08/2021DutchPDF
Full model31/12/201929/05/202008/06/2020DutchPDF
Consolidated accounts31/12/201921/02/202027/08/2020DutchPDF
Full model31/12/201831/05/201911/06/2019DutchPDF
Consolidated accounts31/12/201822/02/201931/01/2020DutchPDF
Full model31/12/201725/05/201828/05/2018DutchPDF
Full model31/12/201626/05/201719/06/2017DutchPDF
Full model31/12/201527/05/201628/06/2016DutchPDF
Full modelCorrection31/12/201429/05/201516/02/2016DutchPDF
Full model31/12/201429/05/201508/07/2015DutchPDF
Full model31/12/201330/05/201430/06/2014DutchPDF
Full model31/12/201231/05/201327/06/2013DutchPDF
Full model31/12/201125/05/201229/06/2012DutchPDF
Full model31/12/201027/05/201128/06/2011DutchPDF
Full model31/12/200928/05/201005/07/2010DutchPDF

View all 28 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2022

8 active · 117 ended

Active mandates

Danielle Lincoln

Director · since 16 novembre 2022 · until 30 mai 2025

Active
Nathalie Debbasch

Director · since 01 juillet 2022 · until 30 mai 2025

Active
Olivier Bertomeu

Director · since 01 juillet 2022 · until 30 mai 2025

Active
Eddy Devriese

Director · since 27 mai 2022 · until 30 mai 2025

Active
Jean Parizot

Chairman of the board of directors · since 27 mai 2022 · until 30 mai 2025

Active
Patrick McCloud

Director · since 27 mai 2022 · until 30 mai 2025

Active
Peter De Jonghe

Director · since 27 mai 2022 · until 30 mai 2025

Active
Thomas Chang

Director · since 27 mai 2022 · until 30 mai 2025

Active

Ended mandates

Peter De Jonghe

Director · since 01 octobre 2021 · until 27 mai 2022

Ended
Thomas Chang

Director · since 01 mai 2021 · until 27 mai 2022

Ended
Patrick McCloud

Director · since 01 décembre 2020 · until 27 mai 2022

Ended
Rochna Kaul

Director · since 01 décembre 2020 · until 27 mai 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 202211,8 M €↓
  2. 2021
    Annual accounts 202112,6 M €↑
  3. 2020
    Annual accounts 202012,4 M €↓
  4. 2019
    Annual accounts 201918 M €↑
  5. 2018
    Annual accounts 201815,1 M €↑
  6. 2017
    Annual accounts 201713,8 M €↓
  7. 2016
    Annual accounts 201615,1 M €↓
  8. 2014
    Annual accounts 201417,2 M €↑
  9. 2013
    Annual accounts 201316,2 M €↑
  10. 2012
    Annual accounts 201214,7 M €↑
  11. 2011
    Annual accounts 201111,8 M €↑
  12. 2010
    Annual accounts 201011,8 M €↑
  13. 2009
    Annual accounts 20098,5 M €↓
  14. 2008
    Annual accounts 20089 M €↑
  15. 2007
    Annual accounts 20077,6 M €
  16. 09/07/1998
    IncorporationPublic limited company