ACTIVE

ARTNATION

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Financial year 2025 · closed on 30/09/2025
Net result
157,9 k €
+123.2% YoY
Gross margin
309,1 k €
+80.2% YoY
Equity
427,4 k €
-32.4% YoY
Workforce
1,5 ETP
+200.0% YoY

What does ARTNATION do?

ARTNATION is a Private limited company incorporated in 2009. Its registered office is in Oostende. It employs on average 1,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0809.986.127
Incorporation
23/02/2009
Legal form
Private limited company
Registered office
Kursaal-Oosthelling 6 box 6
8400 Oostende · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Average workforce
1,5 ETP
Joint committees (1)
  • 111
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620142013201220112010
Income statement
Gross margin309,1 k €171,5 k €223,5 k €221,6 k €94,5 k €99,9 k €103,3 k €106,9 k €159,1 k €418,7 k €84,5 k €68,3 k €78,6 k €253,6 k €73 k €
EBITDA249,9 k €149,4 k €185,3 k €187,3 k €90,2 k €98,8 k €97,7 k €86,3 k €123,5 k €475 k €54,6 k €24,5 k €68,6 k €172,5 k €31,3 k €
Operating result222,9 k €93 k €135,8 k €144 k €29,6 k €-41,9 k €28,3 k €17,6 k €30,5 k €358,4 k €45,7 k €27,3 k €35,4 k €151,9 k €18 k €
Net result157,9 k €70,7 k €94,6 k €108,8 k €25,8 k €-50,9 k €13,1 k €3,4 k €19,6 k €240,8 k €29,6 k €22,9 k €29,9 k €102,1 k €12,6 k €
Balance sheet
Equity427,4 k €631,8 k €561,1 k €466,5 k €357,7 k €331,9 k €382,8 k €371,3 k €369,5 k €357,8 k €189 k €173,7 k €150,8 k €120,9 k €18,8 k €
Total assets1,1 M €889,3 k €908,6 k €735,6 k €633,9 k €627,9 k €723,4 k €738,8 k €849,1 k €903,1 k €698,3 k €394,7 k €437,3 k €319,5 k €82,9 k €
Cash731,4 k €629,2 k €631,6 k €455,3 k €217,9 k €249,4 k €201,1 k €258,7 k €421 k €304,7 k €631,6 k €262,2 k €337,5 k €228,8 k €57,2 k €
Debts628 k €245,2 k €331,5 k €253,4 k €268,4 k €289,6 k €333,4 k €357,1 k €469,1 k €545,2 k €386,7 k €99,2 k €164,7 k €76,9 k €22,5 k €
Other
Workforce1,5 ETP0,5 ETP1,5 ETP0,8 ETP–––1,0 ETP1,4 ETP2,0 ETP1,0 ETP1,3 ETP1,0 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

Els Dekoninck

Director · since 18 février 2009

Active
Hugo Van Oost

Director · since 18 février 2009

Active

Ended mandates

Els Dekoninck

Manager

Ended
Hugo Van Oost

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
PANDA SOUND & LIGHT● Active
0524.943.412
TOR● Active
0678.638.130
Vereniging van Mede-eigenaars Residentie Robert te Oostende, Kursaal-Oosthelling 6● Active
0831.218.437
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/10/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year30/09/202530/09/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months13 months12 months12 months12 months12 months
Filing date29/04/202625/04/202502/04/202430/03/202309/03/202225/02/2021
General meeting30/03/202631/03/202529/02/202428/02/202307/02/202201/02/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/03/202629/04/2026DutchPDF
Abridged model30/09/202431/03/202525/04/2025DutchPDF
Abridged model31/08/202329/02/202402/04/2024DutchPDF
Abridged model31/08/202228/02/202330/03/2023DutchPDF
Micro model31/08/202107/02/202209/03/2022DutchPDF
Micro model31/08/202001/02/202125/02/2021DutchPDF
Micro model31/08/201903/02/202027/02/2020DutchPDF
Abridged model31/08/201804/02/201928/02/2019DutchPDF
Abridged model31/08/201705/02/201824/03/2018DutchPDF
Abridged model31/08/201606/02/201727/02/2017DutchPDF
Abridged model30/09/201402/03/201523/03/2015DutchPDF
Abridged model30/09/201303/03/201428/03/2014DutchPDF
Abridged model30/09/201204/03/201316/03/2013DutchPDF
Abridged model30/09/201105/03/201220/03/2012DutchPDF
Abridged model30/09/201007/03/201123/03/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/09/2025 · 2 active · 2 ended

Active mandates

Els Dekoninck

Director · since 18 février 2009

Active
Hugo Van Oost

Director · since 18 février 2009

Active

Ended mandates

Els Dekoninck

Manager

Ended
Hugo Van Oost

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares14/01/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates20/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other14/10/2015
    BOEKJAAR
    PDF
  • Capital / shares23/09/2014
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other16/03/2010
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other04/03/2009
    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 2025157,9 k €↑
  2. 2024
    Annual accounts 202470,7 k €↓
  3. 2023
    Annual accounts 202394,6 k €↓
  4. 2022
    Annual accounts 2022108,8 k €↑
  5. 2021
    Annual accounts 202125,8 k €↑
  6. 2020
    Annual accounts 2020-50,9 k €↓
  7. 2019
    Annual accounts 201913,1 k €↑
  8. 2018
    Annual accounts 20183,4 k €↓
  9. 2017
    Annual accounts 201719,6 k €↓
  10. 2016
    Annual accounts 2016240,8 k €↑
  11. 2014
    Annual accounts 201429,6 k €↑
  12. 2013
    Annual accounts 201322,9 k €↓
  13. 2012
    Annual accounts 201229,9 k €↓
  14. 2011
    Annual accounts 2011102,1 k €↑
  15. 2010
    Annual accounts 201012,6 k €
  16. 23/02/2009
    IncorporationPrivate limited company