ACTIVE

ARTCODED

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Financial year 2025 · closed on 31/12/2025
Net result
98,6 k €
+5.5% YoY
Gross margin
134,5 k €
-0.1% YoY
Equity
304,3 k €
-8.3% YoY

What does ARTCODED do?

ARTCODED is a Private limited company incorporated in 2018. Its registered office is in Londerzeel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0698.911.130
Incorporation
28/06/2018
Legal form
Private limited company
Registered office
Heerbaan 27
1840 Londerzeel · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin134,5 k €134,6 k €149,3 k €84,8 k €64,6 k €36,1 k €77,6 k €
EBITDA133 k €134,2 k €148,9 k €83,9 k €63,9 k €35,7 k €76,5 k €
Operating result132,3 k €131,1 k €145,1 k €82,8 k €62,9 k €33,4 k €71,6 k €
Net result98,6 k €93,4 k €101,9 k €59,5 k €44,8 k €23,2 k €50,6 k €
Balance sheet
Equity304,3 k €331,7 k €286,2 k €184,3 k €124,8 k €80,1 k €56,8 k €
Total assets453,1 k €355,9 k €320,1 k €197,6 k €162,4 k €126,4 k €92,5 k €
Cash203,3 k €330,8 k €283,4 k €158,2 k €151,1 k €101 k €75,9 k €
Debts148,9 k €9,7 k €33,8 k €13,3 k €37,5 k €46,3 k €35,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Nordine BITTICH

Director

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/06/202615/07/202519/07/202408/06/202313/07/202227/08/2021
General meeting29/04/202626/06/202528/06/202424/05/202328/06/202227/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/04/202607/06/2026DutchPDF
Micro model31/12/202426/06/202515/07/2025DutchPDF
Micro model31/12/202328/06/202419/07/2024FrenchPDF
Micro model31/12/202224/05/202308/06/2023DutchPDF
Micro model31/12/202128/06/202213/07/2022DutchPDF
Micro model31/12/202027/08/202127/08/2021DutchPDF
Micro model31/12/201926/06/202015/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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

Active mandates

Nordine BITTICH

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/07/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202598,6 k €↑
  2. 2024
    Annual accounts 202493,4 k €↓
  3. 2023
    Annual accounts 2023101,9 k €↑
  4. 2022
    Annual accounts 202259,5 k €↑
  5. 2021
    Annual accounts 202144,8 k €↑
  6. 2020
    Annual accounts 202023,2 k €↓
  7. 2019
    Annual accounts 201950,6 k €
  8. 28/06/2018
    IncorporationPrivate limited company