ACTIVE

ARTHOLICE

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

36,3 k €

+299.3% YoY

Gross margin

81,1 k €

+68.8% YoY

Equity

316,5 k €

+12.9% YoY

Workforce

0,0 ETP

What does ARTHOLICE do?

ARTHOLICE is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.268.146

Incorporation

01/07/2003

Legal form

Private limited company

Registered office

Karel Janssenslaan 7 box 10
8400 Oostende · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74872Other professional, scientific and technical activities 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	81,1 k €	+68.8%	48,1 k €	-60.6%	122 k €	-8.5%	133,3 k €	+121%	60,2 k €	+337%	13,8 k €	-83.9%	85,9 k €	-15.7%	101,9 k €	+51.8%	67,1 k €	+28694%	233,2 €	-99.7%	67,2 k €	+36.3%	49,3 k €	-0.7%	49,6 k €	+45.2%	34,2 k €	-63.0%	92,3 k €	-41.4%	157,4 k €	+167%	58,9 k €	-29.4%	83,5 k €	-8.1%	90,9 k €
EBITDA	76 k €	+79.9%	42,3 k €	-64.4%	118,5 k €	-8.9%	130,1 k €	+128%	56,9 k €	+468%	10 k €	-87.3%	79,1 k €	-18.0%	96,5 k €	+51.2%	63,8 k €	+2171%	-3,1 k €	-105%	63,8 k €	+39.9%	45,6 k €	+2.4%	44,6 k €	+46.2%	30,5 k €	-62.5%	81,2 k €	-44.1%	145,2 k €	+142%	59,9 k €	-5.7%	63,5 k €	-23.5%	83 k €
Operating result	57,9 k €	+193%	19,8 k €	-73.4%	74,4 k €	-35.0%	114,5 k €	+180%	40,9 k €	+357%	-15,9 k €	-141%	38,6 k €	-46.0%	71,5 k €	+78.0%	40,2 k €	+250%	-26,8 k €	-168%	39,4 k €	+85.7%	21,2 k €	+13.8%	18,7 k €	+1562%	1,1 k €	-98.0%	56,5 k €	-50.6%	114,2 k €	+261%	31,6 k €	-37.3%	50,4 k €	-28.3%	70,3 k €
Net result	36,3 k €	+299%	9,1 k €	-82.3%	51,2 k €	-35.2%	79 k €	+162%	30,1 k €	+225%	-24,1 k €	-213%	21,3 k €	-49.1%	41,9 k €	+81.1%	23,1 k €	+161%	-38,2 k €	-346%	15,5 k €	+220%	4,8 k €	-1.3%	4,9 k €	+133%	-14,7 k €	-154%	27,1 k €	-60.0%	67,8 k €	+252%	19,3 k €	-41.1%	32,7 k €	-27.0%	44,8 k €
Balance sheet
Equity	316,5 k €	+12.9%	280,2 k €	+3.3%	271,1 k €	+11.5%	243,1 k €	+35.7%	179,1 k €	+20.2%	149 k €	-13.9%	173,1 k €	+14.0%	151,8 k €	+38.1%	109,9 k €	+26.7%	86,8 k €	-30.5%	124,9 k €	+14.2%	109,4 k €	+4.6%	104,6 k €	+4.9%	99,7 k €	-12.9%	114,4 k €	-16.7%	137,3 k €	+97.7%	69,5 k €	+38.4%	50,2 k €	-65.0%	143,5 k €
Total assets	564,7 k €	+4.4%	540,8 k €	-4.0%	563 k €	+16.8%	482,2 k €	+15.7%	416,9 k €	-18.5%	511,7 k €	-8.0%	556,1 k €	+15.9%	480 k €	+6.1%	452,3 k €	-3.0%	466,4 k €	-12.1%	530,8 k €	-2.7%	545,7 k €	+0.2%	544,4 k €	-13.6%	630,3 k €	+13.2%	556,9 k €	+5.3%	529,1 k €	+55.7%	339,8 k €	+16.6%	291,4 k €	-18.2%	356,1 k €
Cash	22,6 k €	-67.0%	68,3 k €	+239%	20,1 k €	-81.7%	110,2 k €	+57.0%	70,2 k €	+24.3%	56,5 k €	-9.1%	62,1 k €	-55.6%	139,8 k €	+49.9%	93,3 k €	+5.9%	88 k €	+13.4%	77,6 k €	+70.9%	45,4 k €	+131%	19,7 k €	+1487%	1,2 k €	-99.0%	120,5 k €	-30.4%	173,1 k €	+536%	27,2 k €	-59.8%	67,7 k €	-41.0%	114,7 k €
Debts	145 k €	-7.7%	157,1 k €	-18.1%	191,7 k €	+38.0%	138,9 k €	+1.8%	136,5 k €	-47.6%	260,5 k €	-7.7%	282,3 k €	+24.2%	227,4 k €	-5.6%	240,8 k €	-12.5%	275,1 k €	-9.3%	303,3 k €	-8.9%	333,1 k €	-1.3%	337,4 k €	-21.6%	430,4 k €	+25.7%	342,3 k €	+14.0%	300,2 k €	+61.3%	186 k €	+20.7%	154,1 k €	+7.4%	143,5 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Philip Vlietinck

Director

Active

Ended mandates

Philip Vlietinck

Director · since 20 juin 2003

Ended

Philip Vlietinck

Manager · since 20 juin 2003

Ended

Philip Vlietinck

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
V.M.E. RESIDENTIE GAVINA● Active	0850.524.704

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/04/2026	31/03/2025	26/02/2024	02/03/2023	04/04/2022	05/05/2021
General meeting	27/04/2026	29/03/2025	23/02/2024	28/02/2023	31/03/2022	09/02/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/04/2026	28/04/2026	Dutch	PDF
Abridged model	30/09/2024	29/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	23/02/2024	26/02/2024	Dutch	PDF
Abridged model	30/09/2022	28/02/2023	02/03/2023	Dutch	PDF
Abridged model	30/09/2021	31/03/2022	04/04/2022	Dutch	PDF
Abridged model	30/09/2020	09/02/2021	05/05/2021	Dutch	PDF
Abridged model	30/09/2019	11/02/2020	29/05/2020	Dutch	PDF
Abridged model	30/09/2018	13/02/2019	03/04/2019	Dutch	PDF
Abridged model	30/09/2017	13/02/2018	29/03/2018	Dutch	PDF
Abridged model	30/09/2016	14/02/2017	31/03/2017	Dutch	PDF
Abridged model	30/09/2015	09/02/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	10/02/2015	13/04/2015	Dutch	PDF
Abridged model	30/09/2013	11/02/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	12/02/2013	21/05/2013	Dutch	PDF
Abridged model	30/09/2011	14/02/2012	16/03/2012	Dutch	PDF
Abridged model	30/09/2010	08/02/2011	28/04/2011	Dutch	PDF
Abridged model	30/09/2009	09/02/2010	15/02/2010	Dutch	PDF
Abridged model	30/09/2008	10/02/2009	29/05/2009	Dutch	PDF
Abridged model	30/09/2007	12/02/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	13/02/2007	27/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Philip Vlietinck

Director

Active

Ended mandates

Philip Vlietinck

Director · since 20 juin 2003

Ended

Philip Vlietinck

Manager · since 20 juin 2003

Ended

Philip Vlietinck

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/10/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/10/2009
MAATSCHAPPELIJKE ZETEL
PDF
Other04/07/2003
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

2025
Annual accounts 202536,3 k €↑
2024
Annual accounts 20249,1 k €↓
2023
Annual accounts 202351,2 k €↓
2022
Annual accounts 202279 k €↑
2021
Annual accounts 202130,1 k €↑
2020
Annual accounts 2020-24,1 k €↓
2019
Annual accounts 201921,3 k €↓
2018
Annual accounts 201841,9 k €↑
2017
Annual accounts 201723,1 k €↑
2016
Annual accounts 2016-38,2 k €↓
2015
Annual accounts 201515,5 k €↑
2014
Annual accounts 20144,8 k €↓
2013
Annual accounts 20134,9 k €↑
2012
Annual accounts 2012-14,7 k €↓
2011
Annual accounts 201127,1 k €↓
2010
Annual accounts 201067,8 k €↑
2009
Annual accounts 200919,3 k €↓
2008
Annual accounts 200832,7 k €↓
2007
Annual accounts 200744,8 k €
01/07/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ARTHOLICE

Overview

What does ARTHOLICE do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline