ACTIVE

ABSOLUTE ART

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Financial year 2025 · closed on 31/03/2025

Net result

22,5 k €

-62.9% YoY

Gross margin

188,9 k €

-8.0% YoY

Equity

1,4 M €

+1.7% YoY

Workforce

0,0 ETP

What does ABSOLUTE ART do?

ABSOLUTE ART is a Public limited company incorporated in 2000. Its main activity is: Retail sale of cultural and recreation goods in specialised stores. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.559.938

Incorporation

19/12/2000

Legal form

Public limited company

Registered office

Dijver 4-5
8000 Brugge · FlandreSee on map

Contributed capital

197 000,00 €

Latest accounts

31/03/2025

Average workforce

0,0 ETP

Activities (NACE)

47690Retail sale of cultural and recreation goods in specialised stores· main 47787Other retail sale of new goods in specialised stores

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	188,9 k €	-8.0%	205,4 k €	+138%	86,4 k €	+1446%	-6,4 k €	-101%	918,5 k €	+694%	115,7 k €	-0.4%	116,2 k €	+2.7%	113,1 k €	+6.6%	106,2 k €	-11.3%	119,7 k €	+17.4%	102 k €	+89.9%	53,7 k €	-84.6%	348,3 k €	+7.6%	323,8 k €	-36.5%	510,2 k €	-0.2%	511,3 k €	-34.5%	780,3 k €	-29.8%	1,1 M €
EBITDA	180,1 k €	-10.9%	202,1 k €	+138%	84,9 k €	+692%	-14,3 k €	-102%	902,2 k €	+940%	86,8 k €	+3.1%	84,2 k €	+3.5%	81,3 k €	+7.6%	75,6 k €	-8.9%	82,9 k €	+67.2%	49,6 k €	+72.1%	28,8 k €	-88.9%	259,5 k €	+71.0%	151,7 k €	-57.6%	358 k €	-8.5%	391,2 k €	-40.9%	662,4 k €	-33.1%	990,6 k €
Operating result	97,1 k €	-16.1%	115,7 k €	+107%	55,9 k €	-13.5%	64,6 k €	-92.5%	861,8 k €	+1611%	50,4 k €	-5.3%	53,2 k €	+148%	21,4 k €	-50.6%	43,4 k €	+30.3%	33,3 k €	+167%	12,5 k €	+183%	-15 k €	-108%	178,2 k €	+115%	83 k €	-67.9%	258,2 k €	-0.8%	260,3 k €	-48.1%	501,8 k €	-33.5%	754,5 k €
Net result	22,5 k €	-62.9%	60,7 k €	+89.0%	32,1 k €	-19.7%	40 k €	-94.2%	687,8 k €	+2035%	32,2 k €	-58.4%	77,5 k €	-29.5%	109,9 k €	+4.5%	105,2 k €	-9.2%	115,8 k €	+3076%	-3,9 k €	-112%	33,4 k €	-68.3%	105,2 k €	+170%	38,9 k €	-74.2%	151,2 k €	+1.7%	148,7 k €	-47.0%	280,4 k €	-32.0%	412,2 k €
Balance sheet
Equity	1,4 M €	+1.7%	1,4 M €	+4.7%	1,3 M €	+2.5%	1,3 M €	-43.1%	2,2 M €	+44.7%	1,5 M €	+2.1%	1,5 M €	+5.4%	1,4 M €	+0.7%	1,4 M €	+8.0%	1,3 M €	+0.4%	1,3 M €	-0.3%	1,3 M €	-7.1%	1,4 M €	+4.1%	1,4 M €	+3.0%	1,3 M €	-3.6%	1,4 M €	+12.2%	1,2 M €	+29.9%	936,6 k €
Total assets	3,2 M €	-4.0%	3,3 M €	+62.6%	2,1 M €	-16.8%	2,5 M €	+1.4%	2,4 M €	+48.7%	1,6 M €	+0.6%	1,6 M €	+3.8%	1,6 M €	-4.7%	1,6 M €	-3.0%	1,7 M €	-4.3%	1,8 M €	-0.9%	1,8 M €	-16.9%	2,2 M €	-11.9%	2,4 M €	-1.3%	2,5 M €	-2.7%	2,5 M €	-4.7%	2,7 M €	-7.1%	2,9 M €
Cash	245,1 k €	-14.3%	286,1 k €	-21.6%	364,8 k €	-70.1%	1,2 M €	+3.9%	1,2 M €	+554%	179,8 k €	+55.5%	115,6 k €	+221%	36 k €	-46.2%	66,8 k €	+111%	31,7 k €	-46.3%	59 k €	+670%	7,7 k €	-97.2%	277,7 k €	-24.0%	365,3 k €	-27.9%	506,5 k €	+135%	215,2 k €	+53.8%	139,9 k €	-38.6%	227,7 k €
Debts	1,6 M €	-9.3%	1,8 M €	+209%	586,5 k €	-43.0%	1 M €	+2952%	33,7 k €	-60.5%	85,3 k €	-20.9%	107,8 k €	-14.6%	126,2 k €	-40.4%	211,8 k €	-42.7%	369,8 k €	-18.2%	452 k €	-5.2%	476,8 k €	-35.5%	739,5 k €	-31.9%	1,1 M €	-6.2%	1,2 M €	-1.7%	1,2 M €	-19.0%	1,5 M €	-25.0%	1,9 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP	-100%	0,2 ETP	-75.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-55.6%	1,8 ETP	-43.8%	3,2 ETP	+3.2%	3,1 ETP	+29.2%	2,4 ETP	-11.1%	2,7 ETP	+92.9%	1,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 7 ended

Active mandates

Miguel De Backer

Managing director · since 29 septembre 2018

Active

Yoeri De Backer

Managing director · since 29 septembre 2018

Active

Ended mandates

Miguel De Backer

Director · since 29 septembre 2018

Ended

Yoeri De Backer

Director · since 29 septembre 2018

Ended

Yvan De Backer

Managing director · since 25 octobre 2012

Ended

Miguel De Backer

Director

Ended

Annual accounts

Full financial information

	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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/11/2025	29/11/2024	30/11/2023	03/11/2022	29/10/2021	30/11/2020
General meeting	25/11/2025	15/11/2024	29/11/2023	28/10/2022	30/09/2021	30/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	25/11/2025	28/11/2025	Dutch	PDF
Abridged model	31/03/2024	15/11/2024	29/11/2024	Dutch	PDF
Abridged model	31/03/2023	29/11/2023	30/11/2023	Dutch	PDF
Abridged model	31/03/2022	28/10/2022	03/11/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	29/10/2021	Dutch	PDF
Abridged model	31/03/2020	30/09/2020	30/11/2020	Dutch	PDF
Abridged model	31/03/2019	30/09/2019	31/10/2019	Dutch	PDF
Abridged model	31/03/2018	29/09/2018	30/10/2018	Dutch	PDF
Abridged model	31/03/2017	30/09/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	28/10/2016	Dutch	PDF
Abridged model	31/03/2015	18/09/2015	14/10/2015	Dutch	PDF
Abridged model	31/03/2014	26/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	27/09/2013	Dutch	PDF
Abridged model	31/03/2012	28/09/2012	19/11/2012	Dutch	PDF
Abridged model	31/03/2011	30/09/2011	15/11/2011	Dutch	PDF
Abridged model	31/03/2010	30/09/2010	20/12/2010	Dutch	PDF
Abridged model	31/03/2009	30/09/2009	24/12/2009	Dutch	PDF
Abridged model	31/03/2008	30/09/2008	28/02/2009	Dutch	PDF
Abridged model	30/09/2006	31/03/2007	30/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 7 ended

Active mandates

Miguel De Backer

Managing director · since 29 septembre 2018

Active

Yoeri De Backer

Managing director · since 29 septembre 2018

Active

Ended mandates

Miguel De Backer

Director · since 29 septembre 2018

Ended

Yoeri De Backer

Director · since 29 septembre 2018

Ended

Yvan De Backer

Managing director · since 25 octobre 2012

Ended

Miguel De Backer

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/12/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/10/2007
BOEKJAAR - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office20/07/2007
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 202522,5 k €↓
2024
Annual accounts 202460,7 k €↑
2023
Annual accounts 202332,1 k €↓
2022
Annual accounts 202240 k €↓
2021
Annual accounts 2021687,8 k €↑
2020
Annual accounts 202032,2 k €↓
2019
Annual accounts 201977,5 k €↓
2018
Annual accounts 2018109,9 k €↑
2017
Annual accounts 2017105,2 k €↓
2016
Annual accounts 2016115,8 k €↑
2015
Annual accounts 2015-3,9 k €↓
2014
Annual accounts 201433,4 k €↓
2013
Annual accounts 2013105,2 k €↑
2012
Annual accounts 201238,9 k €↓
2011
Annual accounts 2011151,2 k €↑
2010
Annual accounts 2010148,7 k €↓
2009
Annual accounts 2009280,4 k €↓
2008
Annual accounts 2008412,2 k €
19/12/2000
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

ABSOLUTE ART

Overview

What does ABSOLUTE ART do?

Trend over 18 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