ACTIVE

ARTEA

Financial year 2024 · closed on 31/12/2024
Net result
15,1 k €
+112.0% YoY
Gross margin
944,5 k €
+0.1% YoY
Equity
712,7 k €
+2.2% YoY
Workforce
7,5 ETP
-32.4% YoY

What does ARTEA do?

ARTEA is a Public limited company incorporated in 2001. Its main activity is: Construction of buildings. Its registered office is in Anzegem. It employs on average 7,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.411.045
Incorporation
28/12/2001
Legal form
Public limited company
Registered office
Vichteplaats 28
8570 Anzegem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
7,5 ETP
Joint committees (3)
  • 100
  • 124
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin944,5 k €943,4 k €756,7 k €771,8 k €1,1 M €1,1 M €870,4 k €646,8 k €356,3 k €402,8 k €512,5 k €459,9 k €241,5 k €334 k €398,4 k €327,1 k €244,2 k €
EBITDA62,5 k €148,2 k €62,3 k €123,4 k €135,2 k €156,6 k €156,2 k €355,8 k €221,6 k €288,2 k €-22,6 k €-42,2 k €25,1 k €-7,5 k €-38,7 k €61,2 k €104,8 k €74,3 k €68,8 k €
Operating result35,2 k €106 k €24,6 k €97,1 k €106,7 k €118,9 k €96,9 k €269,4 k €108,9 k €194,3 k €-117,2 k €-130 k €-47,4 k €-67,7 k €-80,6 k €-13,6 k €33 k €12,6 k €837 €
Net result15,1 k €-125,9 k €17,5 k €2,1 k €11 k €11,2 k €3,4 k €86,4 k €30,3 k €112,1 k €13,6 k €6,2 k €39,6 k €2,7 k €45,5 k €96,8 k €114,9 k €13,5 k €61,1 k €
Balance sheet
Equity712,7 k €697,7 k €823,6 k €806 k €803,9 k €793 k €781,8 k €778,3 k €692 k €661,7 k €549,5 k €535,9 k €529,7 k €490 k €487,4 k €441,8 k €345,1 k €264,8 k €251,3 k €
Total assets3,6 M €4,4 M €5 M €4,7 M €4,9 M €7,5 M €7,5 M €6,4 M €4,5 M €3,2 M €2,5 M €2,3 M €2 M €1,9 M €1,8 M €1,8 M €2,4 M €2,1 M €1,8 M €
Cash637,6 k €275,9 k €15,6 k €227,8 k €23,4 k €79,8 k €376 k €17,7 k €206,3 k €147,4 k €32,3 k €132,8 k €73,7 k €34,3 k €201,6 k €143,9 k €383,3 k €149 k €89,7 k €
Debts2,5 M €3,6 M €3,7 M €3,4 M €3,7 M €6,3 M €6,5 M €4,9 M €3,4 M €2,4 M €1,8 M €1,6 M €1,3 M €1,2 M €1,1 M €1,1 M €1,9 M €1,6 M €1,4 M €
Other
Workforce7,5 ETP11,1 ETP10,0 ETP11,0 ETP12,6 ETP13,6 ETP15,4 ETP13,5 ETP10,6 ETP5,9 ETP6,4 ETP7,4 ETP9,2 ETP9,7 ETP7,9 ETP4,7 ETP5,5 ETP4,5 ETP3,0 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 31/12/2024 · 2 active · 19 ended

Active mandates

Gino Messely

Director · since 23 janvier 2024 · until 30 juin 2029

Active
Wim Demeulemeester

Director · since 23 janvier 2024 · until 30 juin 2029

Active

Ended mandates

Gino Messely

Director · since 10 septembre 2020 · until 10 septembre 2026

Ended
Gino Séraphin M Messely

Director · since 10 septembre 2020 · until 10 septembre 2026

Ended
Wim Demeulemeester

Managing director · since 10 septembre 2020 · until 10 septembre 2026

Ended
Wim Demeulemeester

Managing director · since 23 mars 2019 · until 23 mars 2025

Ended
At this address

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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
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 date30/08/202530/08/202431/08/202331/08/202231/08/202103/09/2020
General meeting07/06/202501/06/202403/06/202304/06/202205/06/202127/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202407/06/202530/08/2025DutchPDF
Abridged model31/12/202301/06/202430/08/2024DutchPDF
Abridged model31/12/202203/06/202331/08/2023DutchPDF
Abridged model31/12/202104/06/202231/08/2022DutchPDF
Full model31/12/202005/06/202131/08/2021DutchPDF
Full model31/12/201927/08/202003/09/2020DutchPDF
Abridged model31/12/201801/06/201927/08/2019DutchPDF
Abridged model31/12/201702/06/201831/08/2018DutchPDF
Abridged model31/12/201603/06/201721/08/2017DutchPDF
Abridged model31/12/201504/06/201628/07/2016DutchPDF
Abridged model31/12/201406/06/201524/07/2015DutchPDF
Abridged model31/12/201307/06/201429/08/2014DutchPDF
Abridged model31/12/201201/06/201329/07/2013DutchPDF
Abridged model31/12/201102/06/201230/07/2012DutchPDF
Abridged model31/12/201004/06/201129/07/2011DutchPDF
Abridged model31/12/200905/06/201026/07/2010DutchPDF
Abridged model31/12/200806/06/200901/07/2009DutchPDF
Abridged model31/12/200707/06/200825/07/2008DutchPDF
Abridged model31/12/200604/06/200719/07/2007DutchPDF
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 31/12/2024 · 2 active · 19 ended

Active mandates

Gino Messely

Director · since 23 janvier 2024 · until 30 juin 2029

Active
Wim Demeulemeester

Director · since 23 janvier 2024 · until 30 juin 2029

Active

Ended mandates

Gino Messely

Director · since 10 septembre 2020 · until 10 septembre 2026

Ended
Gino Séraphin M Messely

Director · since 10 septembre 2020 · until 10 septembre 2026

Ended
Wim Demeulemeester

Managing director · since 10 septembre 2020 · until 10 septembre 2026

Ended
Wim Demeulemeester

Managing director · since 23 mars 2019 · until 23 mars 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/03/2006
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares22/06/2005
    BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2024
    Annual accounts 202415,1 k €
  2. 2023
    Annual accounts 2023-125,9 k €
  3. 2022
    Annual accounts 202217,5 k €
  4. 2021
    Annual accounts 20212,1 k €
  5. 2020
    Annual accounts 202011 k €
  6. 2019
    Annual accounts 201911,2 k €
  7. 2018
    Annual accounts 20183,4 k €
  8. 2017
    Annual accounts 201786,4 k €
  9. 2016
    Annual accounts 201630,3 k €
  10. 2015
    Annual accounts 2015112,1 k €
  11. 2014
    Annual accounts 201413,6 k €
  12. 2013
    Annual accounts 20136,2 k €
  13. 2012
    Annual accounts 201239,6 k €
  14. 2011
    Annual accounts 20112,7 k €
  15. 2010
    Annual accounts 201045,5 k €
  16. 2009
    Annual accounts 200996,8 k €
  17. 2008
    Annual accounts 2008114,9 k €
  18. 2007
    Annual accounts 200713,5 k €
  19. 2006
    Annual accounts 200661,1 k €
  20. 28/12/2001
    IncorporationPublic limited company