ACTIVE

ARTMAX

Financial year 2025 · closed on 31/12/2025
Net result
107,8 k €
+3.2% YoY
Gross margin
220,5 k €
-4.1% YoY
Equity
497,1 k €
+17.6% YoY

What does ARTMAX do?

ARTMAX is a Private limited company incorporated in 2012. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Dilsen-Stokkem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.116.224
Incorporation
27/09/2012
Legal form
Private limited company
Registered office
Heilderveld 52
3650 Dilsen-Stokkem · FlandreSee on map
Contributed capital
1 800,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin220,5 k €230 k €275,2 k €121,2 k €81,9 k €40,6 k €13,9 k €14,2 k €37,5 k €
EBITDA212,4 k €203,2 k €268 k €95,5 k €71,5 k €38,8 k €11,2 k €12,7 k €36,1 k €
Operating result176 k €165,6 k €241 k €68 k €66,1 k €37,2 k €9,1 k €590 €4 k €
Net result107,8 k €104,4 k €159,6 k €43,9 k €44,4 k €27,2 k €4,7 k €-377,5 €4,1 k €
Balance sheet
Equity497,1 k €422,6 k €318,2 k €158,5 k €114,7 k €70,3 k €43 k €38,4 k €38,8 k €
Total assets936,3 k €860,9 k €632,7 k €492,4 k €229,9 k €103,6 k €53,1 k €64,6 k €55,8 k €
Cash96,2 k €242,3 k €191 k €92,8 k €37,1 k €17 k €26,4 k €4 k €25,5 k €
Debts439,2 k €437,9 k €311,1 k €333,9 k €115,3 k €32,6 k €10,1 k €26,2 k €17,1 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 · 2 ended

Active mandates

Maksim Ryabov

Director · since 27 septembre 2012

Active

Ended mandates

Maksim Ryabov

Manager · since 27 septembre 2012

Ended
Maksim Ryabov

Director

Ended
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 date15/06/202626/05/202505/06/202416/06/202309/06/202227/08/2021
General meeting28/05/202626/05/202530/05/202412/06/202326/05/202227/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/05/202615/06/2026DutchPDF
Micro model31/12/202426/05/202526/05/2025DutchPDF
Micro model31/12/202330/05/202405/06/2024DutchPDF
Micro model31/12/202212/06/202316/06/2023DutchPDF
Micro model31/12/202126/05/202209/06/2022DutchPDF
Micro model31/12/202027/05/202127/08/2021DutchPDF
Micro model31/12/201928/05/202031/07/2020DutchPDF
Micro model31/12/201831/05/201930/07/2019DutchPDF
Micro model31/12/201731/05/201814/06/2018DutchPDF
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 · 2 ended

Active mandates

Maksim Ryabov

Director · since 27 septembre 2012

Active

Ended mandates

Maksim Ryabov

Manager · since 27 septembre 2012

Ended
Maksim Ryabov

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/03/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/07/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other09/10/2012
    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 2025107,8 k €
  2. 2024
    Annual accounts 2024104,4 k €
  3. 2023
    Annual accounts 2023159,6 k €
  4. 2022
    Annual accounts 202243,9 k €
  5. 2021
    Annual accounts 202144,4 k €
  6. 2020
    Annual accounts 202027,2 k €
  7. 2019
    Annual accounts 20194,7 k €
  8. 2018
    Annual accounts 2018-377,5 €
  9. 2017
    Annual accounts 20174,1 k €
  10. 27/09/2012
    IncorporationPrivate limited company