NORMAL SITUATION

ARHS Technology

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Financial year 2025 · closed on 31/08/2025

Net result

730,4 k €

-20.6% YoY

Revenue

13,8 M €

-0.4% YoY

Equity

4,1 M €

+21.7% YoY

Workforce

47,0 ETP

-4.9% YoY

Company — Normal situation.

What does ARHS Technology do?

ARHS Technology is a company registered in Belgium. It employs on average 47,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0642.596.393

Legal form

Public limited company

Contributed capital

61 500,00 €

Latest accounts

31/08/2025

Average workforce

47,0 ETP

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Revenue	13,8 M €	-0.4%	13,8 M €	+1.0%	13,7 M €	+23.4%	11,1 M €	+33.5%	8,3 M €	+24.9%	6,6 M €	+31.8%	5 M €	+32.5%	3,8 M €	+67.1%	2,3 M €	+393%	461,5 k €
EBITDA	1,1 M €	-19.6%	1,3 M €	-10.2%	1,5 M €	+65.1%	893,5 k €	+13.5%	786,9 k €	+20.3%	654,3 k €	+9.9%	595,3 k €	+13.7%	523,7 k €	+156%	204,7 k €	+187%	-236,3 k €
Operating result	1,1 M €	-19.7%	1,3 M €	-10.2%	1,5 M €	+67.1%	875,6 k €	+14.4%	765,4 k €	+21.8%	628,5 k €	+9.8%	572,4 k €	+12.8%	507,5 k €	+159%	195,6 k €	+182%	-238,2 k €
Net result	730,4 k €	-20.6%	919,3 k €	-8.4%	1 M €	+69.6%	591,5 k €	+12.8%	524,3 k €	+42.5%	368 k €	+47.5%	249,5 k €	-30.7%	360,1 k €	+99.7%	180,3 k €	+175%	-239,6 k €
Balance sheet
Equity	4,1 M €	+21.7%	3,4 M €	+37.7%	2,4 M €	+49.1%	1,6 M €	+56.7%	1 M €	+49.2%	699,8 k €	+62.1%	431,8 k €	+53.0%	282,3 k €	+12837%	2,2 k €	+101%	-178,1 k €
Total assets	6,1 M €	+12.2%	5,4 M €	+10.0%	5 M €	+13.7%	4,4 M €	+41.7%	3,1 M €	+35.5%	2,3 M €	+20.3%	1,9 M €	+41.3%	1,3 M €	+32.0%	1 M €	+199%	338,3 k €
Cash	1,2 M €	-52.6%	2,5 M €	+93.5%	1,3 M €	+81.5%	699,6 k €	-2.7%	719,3 k €	+14.7%	627,1 k €	+124%	280,5 k €	-23.8%	368 k €	+91.0%	192,7 k €	+153%	76,2 k €
Debts	2 M €	-3.1%	2,1 M €	-16.9%	2,5 M €	-7.6%	2,7 M €	+34.0%	2 M €	+29.5%	1,6 M €	+7.9%	1,5 M €	+38.2%	1,1 M €	+4.3%	1 M €	+95.3%	516,4 k €
Other
Workforce	47,0 ETP	-4.9%	49,4 ETP	-0.8%	49,8 ETP	-6.6%	53,3 ETP	+17.9%	45,2 ETP	-1.3%	45,8 ETP	-1.9%	46,7 ETP	+26.9%	36,8 ETP	+70.4%	21,6 ETP	+196%	7,3 ETP

Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 13 ended

Active mandates

CATHARINA EVELINE GAASBEEK

Director · since 05 juillet 2024 · until 24 janvier 2030

Active

DANY ROBERT DELPIERRE

Managing director · since 05 juillet 2024 · until 24 janvier 2030

Active

Ended mandates

DANY DELPIERRE

Managing director · since 05 juillet 2024 · until 24 janvier 2030

Ended

ATALANTA-S

Director · since 17 décembre 2015 · until 05 juillet 2024 · 0898.019.367

Represented by STEVEN GERMEYS

Ended

ATALANTA-S

Director · since 17 décembre 2015 · until 30 janvier 2025 · 0898.019.367

Represented by STEVEN GERMEYS

Ended

ATALANTA-S

Director · since 17 décembre 2015 · until 30 janvier 2025 · 0898.019.367

Represented by STEVEN GERMEYS

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/08/2024	01/08/2023	01/08/2022	01/08/2021	01/08/2020	01/08/2019
Closing of the financial year	31/08/2025	31/07/2024	31/07/2023	31/07/2022	31/07/2021	31/07/2020
Length of the financial year	13 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/03/2026	24/02/2025	27/02/2024	22/02/2023	08/02/2022	22/02/2021
General meeting	20/02/2026	30/01/2025	29/01/2024	24/01/2023	26/01/2022	21/01/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/08/2025	20/02/2026	13/03/2026	Dutch	PDF
Full model	31/07/2024	30/01/2025	24/02/2025	Dutch	PDF
Full model	31/07/2023	29/01/2024	27/02/2024	Dutch	PDF
Full model	31/07/2022	24/01/2023	22/02/2023	Dutch	PDF
Full model	31/07/2021	26/01/2022	08/02/2022	Dutch	PDF
Full model	31/07/2020	21/01/2021	22/02/2021	Dutch	PDF
Full model	31/07/2019	13/01/2020	28/02/2020	Dutch	PDF
Full model	31/07/2018	15/01/2019	29/03/2019	Dutch	PDF
Full model	31/07/2017	30/01/2018	27/02/2018	Dutch	PDF
Full model	31/07/2016	26/01/2017	24/02/2017	Dutch	PDF

Estimate

Indicative valuation

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 31/08/2025 · 2 active · 13 ended

Active mandates

CATHARINA EVELINE GAASBEEK

Director · since 05 juillet 2024 · until 24 janvier 2030

Active

DANY ROBERT DELPIERRE

Managing director · since 05 juillet 2024 · until 24 janvier 2030

Active

Ended mandates

DANY DELPIERRE

Managing director · since 05 juillet 2024 · until 24 janvier 2030

Ended

ATALANTA-S

Director · since 17 décembre 2015 · until 05 juillet 2024 · 0898.019.367

Represented by STEVEN GERMEYS

Ended

ATALANTA-S

Director · since 17 décembre 2015 · until 30 janvier 2025 · 0898.019.367

Represented by STEVEN GERMEYS

Ended

ATALANTA-S

Director · since 17 décembre 2015 · until 30 janvier 2025 · 0898.019.367

Represented by STEVEN GERMEYS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution16/12/2025
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other04/09/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Restructuring08/08/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates15/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/03/2024
KAPITAAL - AANDELEN
PDF
Other25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
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 2025730,4 k €↓
2024
Annual accounts 2024919,3 k €↓
2023
Annual accounts 20231 M €↑
2022
Annual accounts 2022591,5 k €↑
2021
Annual accounts 2021524,3 k €↑
2020
Annual accounts 2020368 k €↑
2019
Annual accounts 2019249,5 k €↓
2018
Annual accounts 2018360,1 k €↑
2017
Annual accounts 2017180,3 k €↑
2016
Annual accounts 2016-239,6 k €

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

ARHS Technology

Overview

What does ARHS Technology do?

Trend over 10 financial years

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