ACTIVE

ART OF CONFUSION

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Financial year 2025 · Closed on 31/12/2025

Net result-99,3 k €+15,5 %over 1 year
Gross margin44 k €-53,1 %over 1 year
Equity229,3 k €-30,2 %over 1 year

Identity

Source · BCE/KBO

ART OF CONFUSION is a Private limited company incorporated in 1998. Its main activity is: Support activities to performing arts. Its registered office is in Kontich.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.669.392
Incorporation
27/11/1998
Legal form
Private limited company
Registered office
Heiveldekens 20
2550 Kontich · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin44 k €93,8 k €159,8 k €351,5 k €90,5 k €
EBITDA-21,4 k €34,3 k €113,1 k €313,6 k €71,5 k €
Operating result-98,3 k €-64,6 k €23,3 k €262,2 k €14 k €
Net result-99,3 k €-117,5 k €16,2 k €240,2 k €26 k €
Balance sheet
Equity229,3 k €328,6 k €446,1 k €480 k €379,7 k €
Total assets260,9 k €393,9 k €561,7 k €683,5 k €466,1 k €
Cash40,6 k €112,5 k €173,8 k €286,7 k €259,8 k €
Debts31,6 k €65,3 k €115,6 k €203,6 k €86,4 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Bert Van landeghem

Director

Active
Tom Van Landeghem

Director

Active

Ended mandates

Tom Winkelmans

Director · until 01 octobre 2024

Ended
Tom Winkelmans

Director

Ended
TOM WINKELMANS

Manager

Ended

Other companies at this address

Heiveldekens 20 2550 Kontich
CompanyCBE no.
7theaven● Active
0459.057.250
THE CIRCLE GROUP● Active
0725.826.254
TwooB● Active
0508.916.636

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202629/08/202522/06/202430/08/202329/08/202221/06/2021
General meeting25/06/202619/06/202520/06/202415/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202627/07/2026DutchPDF
Micro model31/12/202419/06/202529/08/2025DutchPDF
Micro model31/12/202320/06/202422/06/2024DutchPDF
Micro model31/12/202215/06/202330/08/2023DutchPDF
Micro model31/12/202116/06/202229/08/2022DutchPDF
Micro model31/12/202017/06/202121/06/2021DutchPDF
Micro model31/12/201918/06/202030/06/2020DutchPDF
Micro model31/12/201820/06/201901/07/2019DutchPDF
Micro model31/12/201721/06/201825/06/2018DutchPDF
Micro model31/12/201615/06/201726/06/2017DutchPDF
Abridged model31/12/201526/06/201614/07/2016DutchPDF
Abridged model31/12/201418/06/201503/07/2015DutchPDF
Abridged model31/12/201319/06/201426/06/2014DutchPDF
Abridged model31/12/201220/06/201302/07/2013DutchPDF
Abridged model31/12/201121/06/201229/06/2012DutchPDF
Abridged model31/12/201016/06/201101/07/2011DutchPDF
Abridged model31/12/200917/06/201025/06/2010DutchPDF
Abridged model31/12/200818/06/200903/07/2009DutchPDF
Abridged model31/12/200719/06/200824/06/2008DutchPDF
Abridged model31/12/200621/06/200726/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 3 ended

Active mandates

Bert Van landeghem

Director

Active
Tom Van Landeghem

Director

Active

Ended mandates

Tom Winkelmans

Director · until 01 octobre 2024

Ended
Tom Winkelmans

Director

Ended
TOM WINKELMANS

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office22/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-99,3 k €↑
  2. 2024
    Annual accounts 2024-117,5 k €↓
  3. 2023
    Annual accounts 202316,2 k €↓
  4. 2022
    Annual accounts 2022240,2 k €↑
  5. 2021
    Annual accounts 202126 k €↑
  6. 2020
    Annual accounts 2020-123 k €↓
  7. 2019
    Annual accounts 201965,7 k €↓
  8. 2018
    Annual accounts 201898,8 k €↑
  9. 2017
    Annual accounts 20178 k €↓
  10. 2016
    Annual accounts 201611,8 k €↓
  11. 2015
    Annual accounts 201526,5 k €↓
  12. 2014
    Annual accounts 201426,7 k €↑
  13. 2013
    Annual accounts 2013-1,3 k €↓
  14. 2012
    Annual accounts 201237,1 k €↑
  15. 2011
    Annual accounts 201128,8 k €↓
  16. 2010
    Annual accounts 201043 k €↑
  17. 2009
    Annual accounts 200917,9 k €↓
  18. 2008
    Annual accounts 200822,1 k €↓
  19. 2007
    Annual accounts 200775,5 k €↑
  20. 2006
    Annual accounts 200652,7 k €
  21. 27/11/1998
    IncorporationPrivate limited company