ACTIVE

ARTSIDE DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025
Net result
-6,0 k €
-101.0% YoY
Gross margin
-2,3 k €
-119.3% YoY
Equity
3,5 M €
-0.2% YoY

What does ARTSIDE DEVELOPMENT do?

ARTSIDE DEVELOPMENT is a Private limited company incorporated in 2012. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.005.521
Incorporation
24/01/2012
Legal form
Private limited company
Registered office
Boulevard de la Cambre 17
1000 Bruxelles · BruxellesSee on map
Contributed capital
5 050 147,00 €
Latest accounts
31/12/2025
Signals
Positive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin-2,3 k €-1,0 k €-4,6 k €22,5 k €-8,3 k €-9,6 k €-7,4 k €-15,1 k €161,8 k €–––3,9 k €1,6 k €
EBITDA-3,3 k €-2,0 k €-6,5 k €20,8 k €-10,0 k €-11,3 k €-9,3 k €-16,8 k €155,4 k €-10,7 k €-4,1 k €61,2 k €3,5 k €1,1 k €
Operating result-43,2 k €-42,0 k €-46,5 k €-19,2 k €-65,5 k €-66,7 k €-64,8 k €-57,3 k €147,3 k €-10,7 k €-4,1 k €61,2 k €-996,5 k €1,1 k €
Net result-6,0 k €575,6 k €123,0 k €2,4 M €869,0 k €-65,9 k €-59,4 k €-55,2 k €173,9 k €-1,1 M €-1,6 M €-1,7 M €-978,2 k €12,2 k €
Balance sheet
Equity3,5 M €3,5 M €3,0 M €2,8 M €481,8 k €-387,2 k €-321,4 k €-262,0 k €-206,8 k €-380,8 k €-1,6 M €-2,7 M €-947,4 k €30,8 k €
Total assets27,2 M €24,9 M €20,2 M €16,3 M €19,6 M €14,5 M €12,7 M €12,4 M €6,8 M €4,2 M €3,0 M €2,5 M €3,5 M €5,3 M €
Cash32,5 €46,3 €83,6 k €634,7 €22,8 k €1,8 k €5,6 k €500,6 k €390,8 €747,9 €7,1 k €37,3 k €22,6 k €22,3 k €
Debts23,7 M €21,3 M €17,2 M €13,5 M €19,1 M €14,8 M €13,0 M €12,7 M €7,0 M €4,6 M €4,5 M €5,2 M €4,5 M €5,2 M €
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

RACHEL VANDERBECKEN

Managing director · since 08 juin 2020

Active

Ended mandates

RACHEL VANDERBECKEN

Manager · since 21 juin 2016

Ended
RACHEL VANDERBEKEN

Manager · since 21 juin 2016

Ended
MICHELINE COX

Manager · since 17 janvier 2012 · until 30 juin 2014

Ended
MICHELINE COX

Manager · since 17 janvier 2012

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged 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 date29/08/202630/08/202503/09/202404/08/202303/07/202203/08/2021
General meeting09/06/202630/06/202530/06/202427/06/202321/06/202229/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202509/06/202629/08/2026FrenchPDF
Micro model31/12/202430/06/202530/08/2025FrenchPDF
Micro model31/12/202330/06/202403/09/2024FrenchPDF
Abridged model31/12/202227/06/202304/08/2023FrenchPDF
Abridged model31/12/202121/06/202203/07/2022FrenchPDF
Abridged model31/12/202029/06/202103/08/2021FrenchPDF
Abridged model31/12/201915/09/202028/10/2020FrenchPDF
Abridged model31/12/201818/06/201923/08/2019FrenchPDF
Abridged model31/12/201718/06/201813/07/2018FrenchPDF
Full model31/12/201623/06/201712/07/2017FrenchPDF
Full model31/12/201521/06/201630/08/2016FrenchPDF
Full model31/12/201423/06/201528/08/2015FrenchPDF
Abridged model31/12/201324/06/201412/08/2014FrenchPDF
Abridged model31/12/201228/06/201310/07/2013FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 1 active · 6 ended

Active mandates

RACHEL VANDERBECKEN

Managing director · since 08 juin 2020

Active

Ended mandates

RACHEL VANDERBECKEN

Manager · since 21 juin 2016

Ended
RACHEL VANDERBEKEN

Manager · since 21 juin 2016

Ended
MICHELINE COX

Manager · since 17 janvier 2012 · until 30 juin 2014

Ended
MICHELINE COX

Manager · since 17 janvier 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/07/2020
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office05/06/2020
    SIEGE SOCIAL
    PDF
  • Mandates17/10/2017
    DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares03/11/2016
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates30/09/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/01/2016
    CAPITAL, ACTIONS
    PDF
  • Mandates22/07/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other06/02/2012
    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

Timeline

  1. 2025
    Annual accounts 2025-6,0 k €↓
  2. 2024
    Annual accounts 2024575,6 k €↑
  3. 2023
    Annual accounts 2023123,0 k €↓
  4. 2022
    Annual accounts 20222,4 M €↑
  5. 2021
    Annual accounts 2021869,0 k €↑
  6. 2020
    Annual accounts 2020-65,9 k €↓
  7. 2019
    Annual accounts 2019-59,4 k €↓
  8. 2018
    Annual accounts 2018-55,2 k €↓
  9. 2017
    Annual accounts 2017173,9 k €↑
  10. 2016
    Annual accounts 2016-1,1 M €↑
  11. 2015
    Annual accounts 2015-1,6 M €↑
  12. 2014
    Annual accounts 2014-1,7 M €↓
  13. 2013
    Annual accounts 2013-978,2 k €↓
  14. 2012
    Annual accounts 201212,2 k €
  15. 24/01/2012
    IncorporationPrivate limited company