ACTIVE

ARTHEPA

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Financial year 2025 · closed on 31/12/2025

Net result

103,2 k €

+45.8% YoY

Gross margin

124,2 k €

+27.4% YoY

Equity

1,3 M €

+8.5% YoY

What does ARTHEPA do?

ARTHEPA is a Private company with limited liability incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.377.103

Incorporation

09/06/2005

Legal form

Private company with limited liability

Registered office

Avenue Dr. Edmond Cordier 1
1160 Auderghem · BruxellesSee on map

Contributed capital

144 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	124,2 k €	+27.4%	97,5 k €	-44.9%	176,9 k €	-56.4%	405,9 k €	+31.3%	309,2 k €	-20.1%	387,2 k €	-0.1%	387,5 k €	-0.4%	389,1 k €	+2.1%	381,2 k €	+45.0%	262,9 k €	+38.1%	190,4 k €	-6.3%	203,2 k €	+49.6%	135,8 k €	+31.2%	103,5 k €	+20.5%	85,9 k €	-21.3%	109,1 k €	+254%	30,8 k €	+617%	-6,0 k €	-24.9%	-4,8 k €	-106%	81,3 k €
EBITDA	114,4 k €	+19.0%	96,1 k €	-45.2%	175,4 k €	-56.7%	404,7 k €	+31.6%	307,5 k €	-20.3%	385,9 k €	+1.2%	381,3 k €	-1.9%	388,7 k €	+2.2%	380,2 k €	+44.7%	262,8 k €	+38.5%	189,8 k €	-6.2%	202,4 k €	+50.0%	134,9 k €	+33.5%	101,0 k €	+20.6%	83,8 k €	-21.9%	107,2 k €	+263%	29,5 k €	+2919%	977,0 €	+117%	-5,8 k €	-109%	61,9 k €
Operating result	111,9 k €	+21.9%	91,7 k €	-42.0%	158,3 k €	-59.1%	387,2 k €	+33.3%	290,4 k €	-21.1%	368,0 k €	+1.4%	362,8 k €	-4.1%	378,3 k €	+2.4%	369,3 k €	+44.1%	256,3 k €	+39.4%	183,9 k €	-7.5%	198,8 k €	+53.4%	129,6 k €	+36.8%	94,8 k €	+21.3%	78,1 k €	-22.0%	100,1 k €	+378%	20,9 k €	+369%	-7,8 k €	+44.0%	-13,9 k €	-131%	45,0 k €
Net result	103,2 k €	+45.8%	70,8 k €	-41.1%	120,3 k €	-50.5%	242,9 k €	+18.5%	205,0 k €	-19.6%	255,1 k €	-10.4%	284,6 k €	+34.4%	211,8 k €	-22.3%	272,5 k €	+43.5%	189,8 k €	+58.9%	119,5 k €	-21.5%	152,3 k €	+17.1%	130,1 k €	+41.2%	92,1 k €	+28.8%	71,5 k €	-21.4%	91,0 k €	+440%	16,8 k €	+313%	-7,9 k €	+44.1%	-14,2 k €	-140%	35,2 k €
Balance sheet
Equity	1,3 M €	+8.5%	1,2 M €	-8.2%	1,3 M €	+2.3%	1,3 M €	+13.4%	1,1 M €	+11.2%	1,0 M €	+19.1%	862,3 k €	+12.5%	766,3 k €	+20.8%	634,4 k €	+43.6%	442,0 k €	+29.2%	342,1 k €	+30.3%	262,6 k €	+197%	88,3 k €	-46.2%	164,3 k €	+8.0%	152,1 k €	+40.1%	108,6 k €	+155%	42,6 k €	+65.4%	25,7 k €	-23.5%	33,7 k €	-29.6%	47,8 k €
Total assets	1,4 M €	-7.6%	1,5 M €	-4.4%	1,6 M €	+0.4%	1,6 M €	+13.6%	1,4 M €	+10.9%	1,2 M €	+7.8%	1,1 M €	+31.6%	871,5 k €	+8.5%	803,0 k €	+28.9%	622,9 k €	+25.8%	495,1 k €	+19.1%	415,7 k €	+32.8%	313,1 k €	+16.7%	268,2 k €	+26.9%	211,3 k €	+37.6%	153,6 k €	+144%	63,0 k €	+116%	29,1 k €	-30.4%	41,9 k €	-49.5%	82,9 k €
Cash	79,5 k €	-58.1%	189,8 k €	-27.8%	263,0 k €	-75.8%	1,1 M €	+8.3%	1,0 M €	+17.5%	854,5 k €	+13.6%	752,0 k €	+33.1%	564,9 k €	-12.8%	647,4 k €	+26.3%	512,7 k €	+19.0%	431,0 k €	+19.9%	359,5 k €	+32.1%	272,1 k €	+19.6%	227,5 k €	+31.6%	173,0 k €	+50.6%	114,8 k €	+395%	23,2 k €	+321%	5,5 k €	-39.7%	9,1 k €	+24.4%	7,3 k €
Debts	60,5 k €	-78.3%	278,2 k €	+16.5%	238,8 k €	-8.7%	261,6 k €	+14.2%	229,1 k €	+9.7%	208,7 k €	-26.6%	284,3 k €	+170%	105,2 k €	-37.6%	168,6 k €	-6.2%	179,8 k €	+17.5%	152,9 k €	-0.1%	153,0 k €	-31.9%	224,7 k €	+116%	104,0 k €	+75.6%	59,2 k €	+34.8%	43,9 k €	+115%	20,4 k €	+501%	3,4 k €	+1339%	236,2 €	-98.2%	13,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Frédéric DE SCHREVEL

Director

Active

Ended mandates

Frédéric de Schrevel

Administrator - manager

Ended

Frédéric de SCHREVEL

Manager

Ended

Patricia DYKMANS

Mandate · until 31 décembre 2012

Ended

Patricia DYKMANS

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	10/06/2025	10/07/2024	12/07/2023	05/07/2022	20/05/2021
General meeting	04/06/2026	15/05/2025	28/06/2024	30/06/2023	27/06/2022	04/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	08/06/2026	French	PDF
Micro model	31/12/2024	15/05/2025	10/06/2025	French	PDF
Micro model	31/12/2023	28/06/2024	10/07/2024	French	PDF
Micro model	31/12/2022	30/06/2023	12/07/2023	French	PDF
Micro model	31/12/2021	27/06/2022	05/07/2022	French	PDF
Micro model	31/12/2020	04/05/2021	20/05/2021	French	PDF
Micro model	31/12/2019	16/03/2020	24/03/2020	French	PDF
Micro model	31/12/2018	02/07/2019	09/07/2019	French	PDF
Micro model	31/12/2017	10/07/2018	11/07/2018	French	PDF
Micro model	31/12/2016	13/07/2017	14/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	05/05/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	18/08/2014	French	PDF
Abridged model	31/12/2012	07/05/2013	10/07/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	23/07/2012	French	PDF
Abridged model	31/12/2010	16/05/2011	02/08/2011	French	PDF
Abridged model	31/12/2009	29/06/2010	29/07/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	22/06/2009	French	PDF
Abridged model	31/12/2007	29/05/2008	24/06/2008	French	PDF
Abridged model	31/12/2006	06/05/2007	04/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 ended

Active mandates

Frédéric DE SCHREVEL

Director

Active

Ended mandates

Frédéric de Schrevel

Administrator - manager

Ended

Frédéric de SCHREVEL

Manager

Ended

Patricia DYKMANS

Mandate · until 31 décembre 2012

Ended

Patricia DYKMANS

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other04/06/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other04/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares22/05/2014
KAPITAAL - AANDELEN
PDF
Capital / shares22/05/2014
CAPITAL, ACTIONS
PDF
Mandates10/01/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates06/12/2010
DEMISSIONS, NOMINATIONS
PDF
Other27/06/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF
Other17/06/2005
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

2025
Annual accounts 2025103,2 k €↑
2024
Annual accounts 202470,8 k €↓
2023
Annual accounts 2023120,3 k €↓
2022
Annual accounts 2022242,9 k €↑
2021
Annual accounts 2021205,0 k €↓
2020
Annual accounts 2020255,1 k €↓
2019
Annual accounts 2019284,6 k €↑
2018
Annual accounts 2018211,8 k €↓
2017
Annual accounts 2017272,5 k €↑
2016
Annual accounts 2016189,8 k €↑
2015
Annual accounts 2015119,5 k €↓
2014
Annual accounts 2014152,3 k €↑
2013
Annual accounts 2013130,1 k €↑
2012
Annual accounts 201292,1 k €↑
2011
Annual accounts 201171,5 k €↓
2010
Annual accounts 201091,0 k €↑
2009
Annual accounts 200916,8 k €↑
2008
Annual accounts 2008-7,9 k €↑
2007
Annual accounts 2007-14,2 k €↓
2006
Annual accounts 200635,2 k €
09/06/2005
IncorporationPrivate company with limited liability

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

ARTHEPA

Overview

What does ARTHEPA do?

Trend over 20 financial years

Indicative valuation

Board of directors

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