ACTIVE

ARTE MA

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Financial year 2025 · closed on 31/12/2025

Net result

84,9 k €

-26.1% YoY

Gross margin

748,8 k €

-11.7% YoY

Equity

-722,7 k €

+10.5% YoY

What does ARTE MA do?

ARTE MA is a Public limited company incorporated in 2002. Its registered office is in Saint-Gilles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.564.742

Incorporation

15/10/2002

Legal form

Public limited company

Registered office

Avenue Brugmann 27A
1060 Saint-Gilles · BruxellesSee on map

Contributed capital

125 000,00 €

Latest accounts

31/12/2025

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	748,8 k €	-11.7%	847,6 k €	+58.5%	534,7 k €	+6.8%	500,8 k €	+17.4%	426,6 k €	+28.0%	333,3 k €	-1.1%	337,1 k €	+91.7%	175,8 k €	+81.5%	96,9 k €	-27.9%	134,3 k €	+5162%	2,6 k €	-67.8%	7,9 k €	-95.4%	171,8 k €	+5.6%	162,8 k €	-65.0%	465,1 k €	+174%	169,6 k €	+16.1%	146,1 k €	-73.0%	540,9 k €	+543%	84,1 k €	-77.3%	370,7 k €
EBITDA	650,5 k €	-7.5%	703,2 k €	+77.0%	397,3 k €	-4.3%	415,3 k €	+19.2%	348,4 k €	+17.1%	297,6 k €	-3.4%	307,9 k €	+463%	-84,9 k €	-988%	-7,8 k €	-111%	69,6 k €	+21047%	329 €	-93.5%	5,1 k €	-97.0%	167 k €	+7.2%	155,8 k €	-64.9%	444 k €	+220%	138,6 k €	+5.3%	131,7 k €	-74.2%	510,8 k €	+666%	66,7 k €	-75.5%	272,6 k €
Operating result	300,1 k €	-16.0%	357,2 k €	+566%	53,6 k €	-25.5%	72 k €	+221%	-59,5 k €	+70.1%	-199,3 k €	-374%	72,8 k €	+131%	-237 k €	-239%	-69,9 k €	-265%	42,3 k €	+5184%	-833 €	-121%	3,9 k €	-97.6%	165,8 k €	+15.3%	143,8 k €	-66.0%	423 k €	+288%	108,9 k €	+6.8%	102 k €	-73.7%	387,5 k €	+723%	-62,2 k €	-165%	95,8 k €
Net result	84,9 k €	-26.1%	114,9 k €	+153%	-216 k €	-39.8%	-154,5 k €	+32.8%	-229,9 k €	+35.4%	-356 k €	-3203%	-10,8 k €	+96.3%	-294,5 k €	-237%	-87,4 k €	-346%	35,6 k €	+545%	-8 k €	-165%	-3 k €	-104%	73,2 k €	+39.8%	52,4 k €	-80.9%	273,7 k €	+824%	29,6 k €	+155%	-53,8 k €	-124%	226,9 k €	+162%	-363,4 k €	-355%	-79,9 k €
Balance sheet
Equity	-722,7 k €	+10.5%	-807,6 k €	+12.5%	-922,5 k €	-30.6%	-706,6 k €	-28.0%	-552,1 k €	-71.3%	-322,2 k €	-1844%	18,5 k €	-36.8%	29,3 k €	-90.5%	307,2 k €	-22.2%	394,6 k €	+9.9%	359 k €	-2.2%	367 k €	-0.8%	370 k €	+24.7%	296,8 k €	+21.4%	244,4 k €	+937%	-29,2 k €	+50.3%	-58,8 k €	-1079%	-5 k €	+97.8%	-231,8 k €	-276%	131,6 k €
Total assets	8,1 M €	-3.7%	8,5 M €	-3.2%	8,7 M €	-3.8%	9,1 M €	-2.9%	9,4 M €	-4.8%	9,8 M €	+98.4%	5 M €	+20.3%	4,1 M €	+79.3%	2,3 M €	+48.7%	1,5 M €	+140%	645,3 k €	-0.3%	647 k €	+1.0%	640,5 k €	-32.4%	947,9 k €	-56.7%	2,2 M €	-60.9%	5,6 M €	-2.1%	5,7 M €	-8.5%	6,2 M €	+0.2%	6,2 M €	+7.2%	5,8 M €
Cash	5,5 k €	+521%	879,7 €	-83.1%	5,2 k €	-83.7%	31,9 k €	+465%	5,7 k €	-94.1%	96,5 k €	+214%	30,7 k €	+1289%	2,2 k €	-69.4%	7,2 k €	-40.4%	12,1 k €	+788%	1,4 k €	-39.2%	2,2 k €	+85.2%	1,2 k €	-89.2%	11,3 k €	-7.6%	12,2 k €	-75.8%	50,4 k €	+1166%	4 k €	+682%	509 €	+1491%	32 €	-100.0%	236,3 k €
Debts	8,8 M €	-4.3%	9,2 M €	-3.9%	9,6 M €	-1.5%	9,7 M €	-1.2%	9,8 M €	-2.2%	10,1 M €	+108%	4,8 M €	+21.4%	4 M €	+114%	1,9 M €	+83.1%	1 M €	+574%	151,1 k €	+4.4%	144,7 k €	+7.0%	135,3 k €	-77.1%	589,7 k €	-69.6%	1,9 M €	-65.5%	5,6 M €	-2.6%	5,8 M €	-7.6%	6,3 M €	-3.3%	6,5 M €	+13.8%	5,7 M €

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 31/12/2025 · 1 active · 14 ended

Active mandates

E - MAPROD

Director · since 25 juin 2020 · until 26 juin 2026 · 0475.285.350

Represented by Stéphane Benaym

Active

Ended mandates

E - MAPROD

Director · since 25 juin 2020 · until 25 juin 2026 · 0475.285.350

Represented by Stéphane Benaym

Ended

E - MAPROD

Director · since 25 juin 2020 · 0475.285.350

Represented by Stéphane Benaym

Ended

E - MAPROD

Director · since 27 juin 2014 · until 26 juin 2020 · 0475.285.350

Represented by Stéphane Benaym

Ended

Stéphane Benaym

Director · since 27 juin 2014 · until 25 juin 2020

Ended

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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	01/01/2025	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	29/06/2026	01/07/2025	10/07/2024	29/08/2023	29/08/2022	17/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	14/08/2023	24/06/2022	25/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	01/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	14/08/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	29/08/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	17/08/2021	French	PDF
Abridged model	31/12/2019	26/06/2020	13/08/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	31/07/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	09/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	19/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	23/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	11/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	05/08/2010	French	PDF
Abridged model	31/12/2008	26/06/2009	21/08/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	20/08/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	03/07/2007	French	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 31/12/2025 · 1 active · 14 ended

Active mandates

E - MAPROD

Director · since 25 juin 2020 · until 26 juin 2026 · 0475.285.350

Represented by Stéphane Benaym

Active

Ended mandates

E - MAPROD

Director · since 25 juin 2020 · until 25 juin 2026 · 0475.285.350

Represented by Stéphane Benaym

Ended

E - MAPROD

Director · since 25 juin 2020 · 0475.285.350

Represented by Stéphane Benaym

Ended

E - MAPROD

Director · since 27 juin 2014 · until 26 juin 2020 · 0475.285.350

Represented by Stéphane Benaym

Ended

Stéphane Benaym

Director · since 27 juin 2014 · until 25 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/09/2026
Renouvellement de mandat d'administrateur
PDF
Registered office03/11/2021
SIEGE SOCIAL
PDF
Mandates03/08/2020
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates31/07/2014
DEMISSIONS, NOMINATIONS
PDF
Registered office03/04/2013
SIEGE SOCIAL
PDF
Capital / shares06/02/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/07/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates30/08/2010
DEMISSIONS, NOMINATIONS
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 202584,9 k €↓
2024
Annual accounts 2024114,9 k €↑
2023
Annual accounts 2023-216 k €↓
2022
Annual accounts 2022-154,5 k €↑
2021
Annual accounts 2021-229,9 k €↑
2020
Annual accounts 2020-356 k €↓
2019
Annual accounts 2019-10,8 k €↑
2018
Annual accounts 2018-294,5 k €↓
2017
Annual accounts 2017-87,4 k €↓
2016
Annual accounts 201635,6 k €↑
2015
Annual accounts 2015-8 k €↓
2014
Annual accounts 2014-3 k €↓
2013
Annual accounts 201373,2 k €↑
2012
Annual accounts 201252,4 k €↓
2011
Annual accounts 2011273,7 k €↑
2010
Annual accounts 201029,6 k €↑
2009
Annual accounts 2009-53,8 k €↓
2008
Annual accounts 2008226,9 k €↑
2007
Annual accounts 2007-363,4 k €↓
2006
Annual accounts 2006-79,9 k €
15/10/2002
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

ARTE MA

Overview

What does ARTE MA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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