ACTIVE

ARION-CO

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Financial year 2025 · closed on 31/12/2025

Net result

23,6 k €

+510.9% YoY

Gross margin

172,9 k €

+7.0% YoY

Equity

21,9 k €

-31.7% YoY

What does ARION-CO do?

ARION-CO is a Private limited company incorporated in 2017. Its main activity is: Construction of buildings. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0674.491.874

Incorporation

12/04/2017

Legal form

Private limited company

Registered office

Rue du Cloître 13
1020 Bruxelles · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.77110Rental and leasing of cars and light motor vehicles 77110Rental and leasing of cars and light motor vehicles+4

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	172,9 k €	+7.0%	161,5 k €	+36.3%	118,5 k €	+57.4%	75,3 k €	-0.4%	75,6 k €	-20.0%	94,5 k €	-9.9%	104,9 k €	-27.4%	144,5 k €
EBITDA	48,6 k €	+463%	8,6 k €	-48.3%	16,7 k €	+188%	5,8 k €	-70.7%	19,8 k €	-45.4%	36,2 k €	+34.7%	26,9 k €	-3.3%	27,8 k €
Operating result	38,8 k €	+934%	-4,6 k €	-175%	6,2 k €	+164%	-9,6 k €	-356%	3,8 k €	-81.9%	20,8 k €	+67.1%	12,4 k €	-8.8%	13,6 k €
Net result	23,6 k €	+511%	-5,7 k €	-220%	4,8 k €	+150%	-9,5 k €	-310%	4,5 k €	-71.1%	15,7 k €	+96.5%	8 k €	-20.4%	10 k €
Balance sheet
Equity	21,9 k €	-31.7%	32 k €	-15.2%	37,7 k €	+14.4%	33 k €	-22.4%	42,5 k €	+12.0%	38 k €	+56.6%	24,2 k €	+49.2%	16,2 k €
Total assets	159,1 k €	+32.5%	120,1 k €	-41.4%	205 k €	+172%	75,5 k €	-45.6%	138,7 k €	-6.3%	147,9 k €	+4.1%	142,1 k €	+165%	53,6 k €
Cash	46,4 k €	-1.4%	47 k €	+259%	13,1 k €	-46.8%	24,6 k €	+144%	10,1 k €	-48.6%	19,6 k €	-55.4%	44,1 k €	+1190%	3,4 k €
Debts	27,6 k €	-68.7%	88,1 k €	-45.2%	160,6 k €	+348%	35,9 k €	-53.7%	77,5 k €	-17.8%	94,3 k €	-16.9%	113,5 k €	+216%	36 k €
Other
Workforce	–		–		–		–		1,4 ETP	-33.3%	2,1 ETP	-19.2%	2,6 ETP	-3.7%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

ARBNOR AVIDU

Director · since 02 mai 2024

Active

Ended mandates

ARBNOR AVDIU

Director · since 02 mai 2024

Ended

Islah AL-ASHWAL

Director · since 20 février 2024

Ended

Gary De Braekeleer

Director · since 12 avril 2017

Ended

Gary De Braekeleer

Manager · since 12 avril 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	15 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	25/08/2025	30/04/2024	02/05/2023	25/04/2022	04/05/2021
General meeting	09/06/2026	10/06/2025	14/03/2024	09/03/2023	10/03/2022	11/03/2021
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

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	09/06/2026	29/06/2026	French	PDF
Micro model	31/12/2024	10/06/2025	25/08/2025	French	PDF
Micro model	30/09/2023	14/03/2024	30/04/2024	French	PDF
Micro model	30/09/2022	09/03/2023	02/05/2023	French	PDF
Abridged model	30/09/2021	10/03/2022	25/04/2022	French	PDF
Abridged model	30/09/2020	11/03/2021	04/05/2021	French	PDF
Abridged model	30/09/2019	12/03/2020	30/04/2020	French	PDF
Abridged model	30/09/2018	14/03/2019	30/04/2019	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 12 ended

Active mandates

ARBNOR AVIDU

Director · since 02 mai 2024

Active

Ended mandates

ARBNOR AVDIU

Director · since 02 mai 2024

Ended

Islah AL-ASHWAL

Director · since 20 février 2024

Ended

Gary De Braekeleer

Director · since 12 avril 2017

Ended

Gary De Braekeleer

Manager · since 12 avril 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/02/2026
TRANSFERT DE SIEGE SOCIAL / DEMISSION
PDF
Other10/10/2024
PROROGATION ET MODIFICATION EXERCICE SOCIAL - MODIFICATION
PDF
Mandates10/06/2024
Extrait de l'acte de nomination -administrateurs
PDF
Mandates23/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates19/02/2021
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Registered office01/09/2017
SIEGE SOCIAL
PDF
Mandates05/05/2017
DEMISSIONS, NOMINATIONS
PDF
Other14/04/2017
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202523,6 k €↑
2024
Annual accounts 2024-5,7 k €↓
2023
Annual accounts 20234,8 k €↑
2023
Name changeARION-CO
2022
Annual accounts 2022-9,5 k €↓
2021
Annual accounts 20214,5 k €↓
2021
Name changeTESI
2020
Annual accounts 202015,7 k €↑
2019
Annual accounts 20198 k €↓
2018
Annual accounts 201810 k €
12/04/2017
IncorporationPrivate 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

ARION-CO

Overview

What does ARION-CO do?

Trend over 8 financial years

Indicative valuation

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