ARTHA
0864.667.403 · rovalta.com · 22/09/2026
ACTIVE
ARTHA
Financial year 2024 · closed on 31/12/2024
Net result
12,4 k €
+131.6% YoY
Gross margin
100,2 k €
+107.9% YoY
Equity
474,4 k €
+2.7% YoY
Overview
What does ARTHA do?
ARTHA is a Private limited company incorporated in 2004. Its main activity is: Buying and selling of own real estate. Its registered office is in Merelbeke-Melle.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0864.667.403
Incorporation
09/04/2004
Legal form
Private limited company
Registered office
Collegebaan 55
9090 Merelbeke-Melle · FlandreSee on map
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2024 | 2023 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 100,2 k € | +108% | 48,2 k € | -91.4% | 561,7 k € | +337% | 128,6 k € | -63.8% | 354,7 k € | +478% | 61,4 k € | +39.0% | 44,1 k € | +76.5% | 25 k € | +224% | 7,7 k € | +733% | -1,2 k € | -102% | 50,4 k € | +12.2% | 44,9 k € | -43.5% | 79,5 k € | -25.5% | 106,6 k € | +0.4% | 106,2 k € | +10.7% | 96 k € | -13.4% | 110,8 k € | +4.8% | 105,7 k € |
| EBITDA | 96,7 k € | +117% | 44,6 k € | -92.0% | 558,8 k € | +346% | 125,4 k € | -64.3% | 351 k € | +503% | 58,2 k € | +42.8% | 40,8 k € | +95.2% | 20,9 k € | +848% | 2,2 k € | +148% | -4,6 k € | -110% | 47,1 k € | +11.2% | 42,4 k € | -31.0% | 61,4 k € | -28.6% | 86,1 k € | -1.6% | 87,5 k € | +13.4% | 77,1 k € | +264% | -47 k € | -145% | 104 k € |
| Operating result | 12,4 k € | +132% | -38,6 k € | -108% | 490,1 k € | +785% | 55,4 k € | -81.0% | 291,6 k € | +10755% | -2,7 k € | +74.9% | -10,9 k € | +66.1% | -32,2 k € | +36.8% | -50,8 k € | +12.8% | -58,3 k € | -694% | -7,3 k € | +78.4% | -33,9 k € | -763% | 5,1 k € | -83.8% | 31,5 k € | -16.2% | 37,6 k € | -9.8% | 41,7 k € | +149% | -84,8 k € | -285% | 45,9 k € |
| Net result | 12,4 k € | +132% | -39,4 k € | -111% | 360,5 k € | +823% | 39 k € | -85.9% | 276,8 k € | +9844% | -2,8 k € | +76.6% | -12,1 k € | +63.6% | -33,4 k € | +39.0% | -54,8 k € | +13.0% | -63 k € | -274% | -16,8 k € | +60.9% | -43 k € | -635% | -5,8 k € | -139% | 14,8 k € | -40.5% | 24,9 k € | -13.9% | 28,9 k € | +130% | -96,7 k € | -354% | 38 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 474,4 k € | +2.7% | 461,9 k € | -7.9% | 501,3 k € | +256% | 140,8 k € | +38.4% | 101,8 k € | +158% | -175 k € | -1.6% | -172,2 k € | -7.6% | -160 k € | -26.4% | -126,6 k € | -76.2% | -71,9 k € | -705% | -8,9 k € | -213% | 7,9 k € | -89.9% | 78,4 k € | -6.9% | 84,3 k € | +21.3% | 69,4 k € | +114% | 32,5 k € | +810% | 3,6 k € | -96.4% | 100,3 k € |
| Total assets | 1,1 M € | +3.4% | 1 M € | -27.9% | 1,4 M € | +24.9% | 1,2 M € | +33.6% | 868,2 k € | +11.6% | 778,1 k € | +1.5% | 766,6 k € | -1.1% | 774,8 k € | -0.4% | 777,6 k € | -2.1% | 794,1 k € | -11.5% | 896,8 k € | +8.3% | 827,7 k € | +28.8% | 642,8 k € | +2.0% | 630,2 k € | +3.9% | 606,3 k € | +29.3% | 468,8 k € | +6.3% | 441,2 k € | +7.0% | 412,5 k € |
| Cash | 2,1 k € | -91.3% | 24,4 k € | -78.4% | 113 k € | +382% | 23,4 k € | +14.3% | 20,5 k € | +78.9% | 11,5 k € | +146% | 4,7 k € | -8.8% | 5,1 k € | +83.3% | 2,8 k € | -66.1% | 8,2 k € | -85.8% | 58 k € | +505% | 9,6 k € | -37.1% | 15,2 k € | +10.4% | 13,8 k € | -81.4% | 74,4 k € | +29.9% | 57,3 k € | +40.1% | 40,9 k € | -31.3% | 59,5 k € |
| Debts | 605,6 k € | +3.9% | 582,8 k € | -38.5% | 947,2 k € | -6.6% | 1 M € | +33.2% | 761,5 k € | +4.0% | 732 k € | +2.0% | 717,7 k € | +0.5% | 713,8 k € | +4.5% | 683,2 k € | +5.9% | 644,9 k € | -5.5% | 682,4 k € | +16.4% | 586,1 k € | +70.7% | 343,3 k € | +1.0% | 339,9 k € | -2.1% | 347,2 k € | +31.9% | 263,2 k € | -6.3% | 280,8 k € | -10.1% | 312,2 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 1 active
Active mandates
Christian Dhaenens
ActiveFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/02/2023 | 01/02/2022 | 01/02/2021 | 01/02/2020 | 01/02/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/01/2023 | 31/01/2022 | 31/01/2021 | 31/01/2020 |
| Length of the financial year | 12 months | 11 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 03/09/2025 | 26/08/2024 | 31/10/2023 | 30/10/2022 | 29/10/2021 | 29/12/2020 |
| General meeting | 28/06/2025 | 29/06/2024 | 28/07/2023 | 29/07/2022 | 30/07/2021 | 31/07/2020 |
| 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 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 28/06/2025 | 03/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 29/06/2024 | 26/08/2024 | Dutch | |
| Abridged model | 31/01/2023 | 28/07/2023 | 31/10/2023 | Dutch | |
| Abridged model | 31/01/2022 | 29/07/2022 | 30/10/2022 | Dutch | |
| Abridged model | 31/01/2021 | 30/07/2021 | 29/10/2021 | Dutch | |
| Abridged model | 31/01/2020 | 31/07/2020 | 29/12/2020 | Dutch | |
| Abridged model | 31/01/2019 | 26/07/2019 | 15/10/2019 | Dutch | |
| Abridged model | 31/01/2018 | 27/07/2018 | 24/07/2019 | Dutch | |
| Abridged model | 31/01/2017 | 28/07/2017 | 02/07/2019 | Dutch | |
| Abridged model | 31/01/2016 | 29/07/2016 | 02/07/2019 | Dutch | |
| Abridged model | 31/01/2015 | 31/07/2015 | 21/12/2015 | Dutch | |
| Abridged model | 31/01/2014 | 25/07/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/01/2012 | 27/07/2012 | 21/09/2012 | Dutch | |
| Abridged model | 31/01/2011 | 29/07/2011 | 30/09/2011 | Dutch | |
| Abridged model | 31/01/2010 | 30/07/2010 | 23/09/2010 | Dutch | |
| Abridged model | 31/01/2009 | 31/07/2009 | 29/09/2009 | Dutch | |
| Abridged model | 31/01/2008 | 25/07/2008 | 27/11/2008 | Dutch | |
| Abridged model | 31/01/2007 | 27/07/2007 | 28/09/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 1 active
Active mandates
Christian Dhaenens
ActiveShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202412,4 k €↑
- 2023Annual accounts 2023-39,4 k €↓
- 2023Annual accounts 2023360,5 k €↑
- 2022Annual accounts 202239 k €↓
- 2021Annual accounts 2021276,8 k €↑
- 2020Annual accounts 2020-2,8 k €↑
- 2019Annual accounts 2019-12,1 k €↑
- 2018Annual accounts 2018-33,4 k €↑
- 2017Annual accounts 2017-54,8 k €↑
- 2016Annual accounts 2016-63 k €↓
- 2015Annual accounts 2015-16,8 k €↑
- 2014Annual accounts 2014-43 k €↓
- 2012Annual accounts 2012-5,8 k €↓
- 2011Annual accounts 201114,8 k €↓
- 2010Annual accounts 201024,9 k €↓
- 2009Annual accounts 200928,9 k €↑
- 2008Annual accounts 2008-96,7 k €↓
- 2007Annual accounts 200738 k €
- 09/04/2004IncorporationPrivate limited company