ARTWHERE
0477.937.410 · rovalta.com · 23/09/2026
ACTIVE
ARTWHERE
Financial year 2025 · closed on 31/12/2025
Net result
11,1 k €
+125.3% YoY
Gross margin
187,3 k €
+3.3% YoY
Equity
-263 k €
+4.1% YoY
Overview
What does ARTWHERE do?
ARTWHERE is a Public limited company incorporated in 2002. Its main activity is: Computer consultancy activities. Its registered office is in Chastre.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0477.937.410
Incorporation
05/07/2002
Legal form
Public limited company
Registered office
Rue de l'Eglise 23 box 101
1450 Chastre · WallonieSee on map
1450 Chastre · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering62010Computer programming activities62100Computer programming, consultancy and related activities63100Data processing, hosting and related activities; web portals+3
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 187,3 k € | +3.3% | 181,4 k € | -20.0% | 226,7 k € | -8.7% | 248,4 k € | -6.7% | 266,3 k € | +18.7% | 224,3 k € | -37.1% | 356,9 k € | -6.0% | 379,8 k € | +80.4% | 210,6 k € | +94.5% | 108,3 k € | -67.4% | 332,3 k € | -15.6% | 393,8 k € | -2.3% | 403,2 k € | -9.8% | 447 k € | +9.9% | 406,6 k € | +7.1% | 379,5 k € | +32.9% | 285,7 k € | +21.7% | 234,8 k € | +4.2% | 225,4 k € |
| EBITDA | 42,8 k € | +4235% | 987 € | -92.9% | 14 k € | -71.7% | 49,4 k € | -15.4% | 58,4 k € | -27.0% | 79,9 k € | -27.2% | 109,8 k € | -29.0% | 154,5 k € | +305% | -75,2 k € | +51.3% | -154,4 k € | -489% | 39,7 k € | -49.8% | 79,1 k € | -36.7% | 125 k € | +34.8% | 92,7 k € | -1.3% | 94 k € | +22.0% | 77 k € | +9.6% | 70,3 k € | +47.7% | 47,6 k € | -3.0% | 49,1 k € |
| Operating result | 27 k € | +235% | -20,1 k € | +31.5% | -29,3 k € | -1021% | -2,6 k € | -112% | 21,3 k € | -49.5% | 42,3 k € | -41.5% | 72,2 k € | -40.7% | 121,8 k € | +224% | -98,5 k € | +48.1% | -189,8 k € | -1747% | -10,3 k € | -149% | 20,9 k € | -62.7% | 56 k € | +216% | 17,7 k € | +25.7% | 14,1 k € | +2547% | 533 € | -95.3% | 11,3 k € | -10.0% | 12,6 k € | -38.4% | 20,5 k € |
| Net result | 11,1 k € | +125% | -43,9 k € | +1.0% | -44,3 k € | -146% | -18 k € | -287% | 9,6 k € | -64.0% | 26,8 k € | -7.7% | 29 k € | -67.1% | 88,2 k € | +169% | -126,9 k € | +41.6% | -217,3 k € | -989% | -20 k € | -1828% | 1,2 k € | -78.8% | 5,5 k € | +171% | -7,6 k € | -762% | 1,2 k € | +135% | -3,3 k € | -203% | 3,2 k € | -7.3% | 3,5 k € | +5.2% | 3,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | -263 k € | +4.1% | -274,1 k € | -19.1% | -230,3 k € | -23.8% | -186 k € | -10.7% | -168 k € | +5.4% | -177,6 k € | +13.1% | -204,4 k € | +12.4% | -233,5 k € | +27.4% | -321,6 k € | -65.2% | -194,7 k € | -964% | 22,5 k € | -47.0% | 42,5 k € | +2.8% | 41,3 k € | +15.2% | 35,9 k € | -17.6% | 43,5 k € | +2.7% | 42,4 k € | -7.2% | 45,7 k € | +7.5% | 42,5 k € | +8.9% | 39 k € |
| Total assets | 67 k € | +16.5% | 57,5 k € | -40.6% | 96,8 k € | -35.1% | 149,1 k € | -27.6% | 205,9 k € | +16.2% | 177,1 k € | -8.9% | 194,5 k € | +2.6% | 189,6 k € | +37.1% | 138,4 k € | -44.0% | 247 k € | -36.9% | 391,4 k € | +6.9% | 366,1 k € | +12.0% | 327 k € | +18.9% | 275 k € | +12.2% | 245,2 k € | -9.9% | 272,2 k € | -1.1% | 275,2 k € | +49.5% | 184,1 k € | +7.3% | 171,6 k € |
| Cash | 44,3 € | +225% | 13,6 € | -81.8% | 74,7 € | -97.6% | 3,1 k € | -81.8% | 17,3 k € | +10226% | 167,1 € | – | 0 € | -100% | 17,2 k € | +40.0% | 12,3 k € | +345% | 2,8 k € | +11.0% | 2,5 k € | +6983% | 35,1 € | – | 1,3 k € | -58.8% | 3,2 k € | -81.0% | 16,7 k € | +3033% | 532 € | -94.2% | 9,1 k € | ||||
| Debts | 330 k € | -0.5% | 331,6 k € | +1.4% | 327,1 k € | -2.4% | 335,1 k € | -10.4% | 373,9 k € | +5.4% | 354,7 k € | -11.1% | 398,9 k € | -5.7% | 423,1 k € | -8.0% | 460 k € | +4.1% | 441,7 k € | +19.8% | 368,9 k € | +14.0% | 323,6 k € | +16.7% | 277,3 k € | +26.6% | 219,1 k € | +11.0% | 197,4 k € | -13.6% | 228,5 k € | +0.1% | 228,2 k € | +63.2% | 139,8 k € | +5.7% | 132,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | 5,0 ETP | 0.0% | 5,0 ETP | -5.7% | 5,3 ETP | -8.6% | 5,8 ETP | 0.0% | 5,8 ETP | -14.7% | 6,8 ETP | +1.5% | 6,7 ETP | -1.5% | 6,8 ETP | -8.1% | 7,4 ETP | -7.5% | 8,0 ETP | +1.3% | 7,9 ETP | +43.6% | 5,5 ETP | +5.8% | 5,2 ETP | -3.7% | 5,4 ETP | |||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 18 ended
Active mandates
Emmanuel Nudel
ActiveMichel Nudel
ActiveEnded mandates
Claude DELVAUX
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
DRAMIC ASSOCIATES● Active | 0440.011.596 |
'' Netholding Management ''● Active | 0831.568.726 |
SoftWhere● Active | 0472.686.740 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro 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 | 12/08/2026 | 18/08/2025 | 19/07/2024 | 29/08/2023 | 22/08/2022 | 12/08/2021 |
| General meeting | 19/05/2026 | 20/05/2025 | 21/05/2024 | 16/05/2023 | 17/05/2022 | 18/05/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 19/05/2026 | 12/08/2026 | French | |
| Micro model | 31/12/2024 | 20/05/2025 | 18/08/2025 | French | |
| Micro model | 31/12/2023 | 21/05/2024 | 19/07/2024 | French | |
| Micro model | 31/12/2022 | 16/05/2023 | 29/08/2023 | French | |
| Micro model | 31/12/2021 | 17/05/2022 | 22/08/2022 | French | |
| Abridged model | 31/12/2020 | 18/05/2021 | 12/08/2021 | French | |
| Abridged model | 31/12/2019 | 19/05/2020 | 23/06/2020 | French | |
| Abridged model | 31/12/2018 | 21/05/2019 | 29/05/2019 | French | |
| Abridged model | 31/12/2017 | 15/05/2018 | 22/08/2018 | French | |
| Abridged model | 31/12/2016 | 31/10/2017 | 31/10/2017 | French | |
| Abridged model | 31/12/2015 | 24/06/2016 | 09/08/2016 | French | |
| Abridged model | 31/12/2014 | 17/07/2015 | 26/08/2015 | French | |
| Abridged model | 31/12/2013 | 18/07/2014 | 30/07/2014 | French | |
| Abridged model | 31/12/2012 | 21/06/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 14/12/2012 | 27/12/2012 | French | |
| Abridged model | 31/12/2010 | 30/09/2011 | 26/10/2011 | French | |
| Abridged modelCorrection | 31/12/2009 | 28/10/2010 | 18/11/2010 | French | |
| Abridged model | 31/12/2009 | 15/10/2010 | 29/10/2010 | French | |
| Abridged model | 31/12/2008 | 20/07/2009 | 11/08/2009 | French | |
| Abridged model | 31/12/2007 | 19/07/2008 | 05/08/2008 | French | |
| Abridged model | 31/12/2006 | 30/06/2007 | 01/08/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 18 ended
Active mandates
Emmanuel Nudel
ActiveMichel Nudel
ActiveEnded mandates
Claude DELVAUX
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates26/05/2025DEMISSIONS, NOMINATIONS
- Mandates18/09/2024DEMISSIONS, NOMINATIONS
- Mandates30/10/2017SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates27/12/2011SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates22/08/2008SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates19/02/2008DEMISSIONS, NOMINATIONS
- Mandates30/01/2006SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202511,1 k €↑
- 2024Annual accounts 2024-43,9 k €↑
- 2023Annual accounts 2023-44,3 k €↓
- 2022Annual accounts 2022-18 k €↓
- 2021Annual accounts 20219,6 k €↓
- 2020Annual accounts 202026,8 k €↓
- 2019Annual accounts 201929 k €↓
- 2018Annual accounts 201888,2 k €↑
- 2017Annual accounts 2017-126,9 k €↑
- 2016Annual accounts 2016-217,3 k €↓
- 2015Annual accounts 2015-20 k €↓
- 2014Annual accounts 20141,2 k €↓
- 2013Annual accounts 20135,5 k €↑
- 2012Annual accounts 2012-7,6 k €↓
- 2011Annual accounts 20111,2 k €↑
- 2010Annual accounts 2010-3,3 k €↓
- 2009Annual accounts 20093,2 k €↓
- 2008Annual accounts 20083,5 k €↑
- 2007Annual accounts 20073,3 k €
- 05/07/2002IncorporationPublic limited company