ACTIVE

ARSENAL BUILDING

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Financial year 2025 · Closed on 31/12/2025

Net result
322,2 k €
+39,0 %over 1 year
Revenue
961 k €
+8,5 %over 1 year
Equity
-896,2 k €
+26,4 %over 1 year

Identity

Source · BCE/KBO

ARSENAL BUILDING is a Public limited company incorporated in 2010. Its main activity is: Activities of holding companies. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0827.475.425
Incorporation
02/07/2010
Legal form
Public limited company
Registered office
Rue Sainte-Marie 5 box 4
4000 Liège · WallonieSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 14 financial years

20252024202320222020
Income statement
Revenue961 k €885,5 k €857,3 k €765,1 k €759,8 k €
EBITDA879,4 k €806 k €760,8 k €622 k €682,6 k €
Operating result617,6 k €545,9 k €503,5 k €364,6 k €425,3 k €
Net result322,2 k €231,7 k €192,1 k €118,6 k €-156,7 k €
Balance sheet
Equity-896,2 k €-1,2 M €-1,5 M €-1,6 M €-1,9 M €
Total assets8,5 M €8,6 M €8,6 M €9,3 M €9,8 M €
Cash74,3 k €355,7 k €249,7 k €183,7 k €543,5 k €
Debts9,3 M €9,5 M €10 M €10,9 M €11,7 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 24 ended

Active mandates

OGEO FUND

Director · since 13 juin 2023 · until 13 juin 2029 · 0429.333.876

Represented by Frank JEUSETTE

Active
Guillaume STRUMAN

Director · since 21 avril 2022 · until 01 juin 2028

Active

Ended mandates

Tincan Belgium

Chairman of the board of directors · since 01 juillet 2022 · until 13 juin 2023 · 0668.775.111

Represented by Maarten Van Breusegem

Ended
Tincan Belgium

Chairman of the board of directors · since 01 juillet 2022 · until 01 juin 2028 · 0668.775.111

Represented by Maarten Van Breusegem

Ended
Fanny MEUNIER

Director · since 21 avril 2022 · until 13 juin 2023

Ended
Fanny MEUNIER

Director · since 21 avril 2022 · until 01 juin 2028

Ended

Other companies at this address

Rue Sainte-Marie 5 4000 Liège
CompanyCBE no.
ASSM ARCHI BAVIERE● Active
0505.903.597
Association des Copropriétaires Résidence Sainte-Marie à Liège rue Sainte-Marie 5● Active
0829.066.819
BAVIERE DEVELOPPEMENT● Active
0501.997.269
Foncière Bonne Fortune● Active
0543.911.365
FONCIERE DE BAVIERE● Active
0848.264.703
FONCIERE DE BAVIERE A● Active
0561.751.942
FONCIERE DE BAVIERE C● Active
0561.746.794
GREENCITY● Active
0830.443.526
Le Travailleur chez Lui● Active
0402.439.340
NAMUR BOVESSE● Active
0681.407.677
NIVELLES PROPERTY SA● Active
0817.228.562
OGEO FUND● Active
0429.333.876
REGENT BUILDING● Active
0878.224.043
RÉSIDENCE GRAND POSTE● Active
0823.976.693
RN LIEGE● Active
0644.895.887
Service Social des Sociétés de Crédit● Active
0438.330.924
UrBa Liège● Active
0848.116.431

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/06/202610/06/202525/06/202419/06/202319/05/202229/04/2021
General meeting17/06/202605/06/202506/06/202401/06/202321/04/202207/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202623/06/2026FrenchPDF
Full model31/12/202405/06/202510/06/2025FrenchPDF
Full model31/12/202306/06/202425/06/2024FrenchPDF
Full model31/12/202201/06/202319/06/2023FrenchPDF
Full model31/12/202121/04/202219/05/2022FrenchPDF
Full model31/12/202007/04/202129/04/2021FrenchPDF
Full model31/12/201901/04/202010/04/2020FrenchPDF
Full model31/12/201803/04/201926/04/2019FrenchPDF
Full model31/12/201704/04/201818/04/2018FrenchPDF
Abridged model31/12/201605/04/201725/04/2017FrenchPDF
Full model31/12/201506/04/201602/05/2016FrenchPDF
Full model31/12/201401/04/201517/04/2015FrenchPDF
Full model31/12/201302/04/201417/04/2014FrenchPDF
Full model31/12/201203/04/201322/04/2013FrenchPDF
Full model31/12/201103/05/201215/05/2012FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 24 ended

Active mandates

OGEO FUND

Director · since 13 juin 2023 · until 13 juin 2029 · 0429.333.876

Represented by Frank JEUSETTE

Active
Guillaume STRUMAN

Director · since 21 avril 2022 · until 01 juin 2028

Active

Ended mandates

Tincan Belgium

Chairman of the board of directors · since 01 juillet 2022 · until 13 juin 2023 · 0668.775.111

Represented by Maarten Van Breusegem

Ended
Tincan Belgium

Chairman of the board of directors · since 01 juillet 2022 · until 01 juin 2028 · 0668.775.111

Represented by Maarten Van Breusegem

Ended
Fanny MEUNIER

Director · since 21 avril 2022 · until 13 juin 2023

Ended
Fanny MEUNIER

Director · since 21 avril 2022 · until 01 juin 2028

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2023
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other05/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates14/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/06/2021
    DEMISSIONS, NOMINATIONS
    PDF

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 2025322,2 k €↑
  2. 2024
    Annual accounts 2024231,7 k €↑
  3. 2023
    Annual accounts 2023192,1 k €↑
  4. 2022
    Annual accounts 2022118,6 k €↑
  5. 2020
    Annual accounts 2020-156,7 k €↓
  6. 2019
    Annual accounts 2019105,8 k €↓
  7. 2018
    Annual accounts 2018174,3 k €↓
  8. 2017
    Annual accounts 2017179,2 k €↑
  9. 2016
    Annual accounts 2016-2,8 M €↓
  10. 2015
    Annual accounts 2015-69 k €↓
  11. 2014
    Annual accounts 2014-59,9 k €↓
  12. 2013
    Annual accounts 2013-53,8 k €↑
  13. 2012
    Annual accounts 2012-78,3 k €↑
  14. 2011
    Annual accounts 2011-137,1 k €
  15. 02/07/2010
    IncorporationPublic limited company