ARHS Digital
0672.500.406 · rovalta.com · 21/09/2026
NORMAL SITUATION
ARHS Digital
Financial year 2025 · closed on 31/08/2025
Net result
36,3 k €
+221.6% YoY
Revenue
17,5 M €
-21.9% YoY
Equity
5,5 M €
+0.7% YoY
Workforce
77,4 ETP
-23.7% YoY
Company — Normal situation.
Overview
What does ARHS Digital do?
ARHS Digital is a company registered in Belgium. It employs on average 77,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0672.500.406
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/08/2025
Average workforce
77,4 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||
| Revenue | 17,5 M € | -21.9% | 22,5 M € | -19.9% | 28,0 M € | -4.9% | 29,5 M € | +2.6% | 28,7 M € | +39.3% | 20,6 M € | +33.0% | 15,5 M € | +9.4% | 14,2 M € |
| EBITDA | 76,5 k € | -1.1% | 77,3 k € | -93.7% | 1,2 M € | -35.5% | 1,9 M € | -52.0% | 4,0 M € | +49.3% | 2,7 M € | +31.8% | 2,0 M € | +32.0% | 1,5 M € |
| Operating result | 59,0 k € | +1.6% | 58,0 k € | -95.2% | 1,2 M € | -35.9% | 1,9 M € | -52.1% | 4,0 M € | +49.3% | 2,7 M € | +32.3% | 2,0 M € | +31.7% | 1,5 M € |
| Net result | 36,3 k € | +222% | -29,9 k € | -104% | 842,7 k € | -35.5% | 1,3 M € | -54.3% | 2,9 M € | +64.4% | 1,7 M € | +31.8% | 1,3 M € | +42.2% | 927,4 k € |
| Balance sheet | |||||||||||||||
| Equity | 5,5 M € | +0.7% | 5,4 M € | -0.5% | 5,4 M € | +2.7% | 5,3 M € | +32.7% | 4,0 M € | +70.8% | 2,3 M € | +79.8% | 1,3 M € | +123% | 582,9 k € |
| Total assets | 8,5 M € | -17.2% | 10,2 M € | -4.9% | 10,8 M € | -6.1% | 11,5 M € | -3.6% | 11,9 M € | +40.5% | 8,5 M € | +43.9% | 5,9 M € | -14.5% | 6,9 M € |
| Cash | 936,1 k € | -73.1% | 3,5 M € | +17.0% | 3,0 M € | +40.4% | 2,1 M € | -0.5% | 2,1 M € | -25.8% | 2,9 M € | +84.8% | 1,6 M € | +16.5% | 1,3 M € |
| Debts | 3,0 M € | -37.4% | 4,8 M € | -9.5% | 5,3 M € | -13.7% | 6,1 M € | -22.0% | 7,9 M € | +28.9% | 6,1 M € | +33.6% | 4,6 M € | -27.3% | 6,3 M € |
| Other | |||||||||||||||
| Workforce | 77,4 ETP | -23.7% | 101,5 ETP | -16.8% | 122,0 ETP | -9.7% | 135,1 ETP | +6.5% | 126,8 ETP | +32.2% | 95,9 ETP | +24.5% | 77,0 ETP | +48.1% | 52,0 ETP |
Governance
Board of directors
Seen on filing of 31/08/2025 · 2 active · 10 ended
Active mandates
CATHARINA GLAASBEEK
ActiveDANY ROBERT DELPIERRE
ActiveEnded mandates
Financials
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 | 04/02/2022 | 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
9 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/08/2025 | 20/02/2026 | 13/03/2026 | Dutch | |
| Full model | 31/07/2024 | 30/01/2025 | 24/02/2025 | Dutch | |
| Full model | 31/07/2023 | 29/01/2024 | 27/02/2024 | Dutch | |
| Full model | 31/07/2022 | 24/01/2023 | 22/02/2023 | Dutch | |
| Full model | 31/07/2021 | 26/01/2022 | 04/02/2022 | Dutch | |
| Full model | 31/07/2020 | 21/01/2021 | 22/02/2021 | Dutch | |
| Full model | 31/07/2019 | 13/01/2020 | 05/03/2020 | Dutch | |
| Full model | 31/07/2018 | 15/01/2019 | 29/03/2019 | Dutch | |
| Full model | 31/07/2017 | 30/01/2018 | 27/02/2018 | Dutch |
Valuation
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.
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 31/08/2025 · 2 active · 10 ended
Active mandates
CATHARINA GLAASBEEK
ActiveDANY ROBERT DELPIERRE
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
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 202536,3 k €↑
- 2024Annual accounts 2024-29,9 k €↓
- 2023Annual accounts 2023842,7 k €↓
- 2022Annual accounts 20221,3 M €↓
- 2021Annual accounts 20212,9 M €↑
- 2020Annual accounts 20201,7 M €↑
- 2019Annual accounts 20191,3 M €↑
- 2018Annual accounts 2018927,4 k €