ACTIVE

Artaman

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Financial year 2025 · closed on 31/12/2025

Net result

2,3 k €

+66.8% YoY

Gross margin

125,5 k €

+11.7% YoY

Equity

4,7 M €

+0.0% YoY

What does Artaman do?

Artaman is a Private limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Bilzen-Hoeselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0892.289.439

Incorporation

25/09/2007

Legal form

Private limited company

Registered office

Schoonbeekstraat 44
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

2 587 691,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	125,5 k €	+11.7%	112,3 k €	-20.9%	142,0 k €	-14.2%	165,5 k €	+13.4%	145,9 k €	-6.9%	156,8 k €	-35.0%	241,3 k €	-3.1%	248,9 k €	-12.4%	284,0 k €	+240%	83,5 k €	-7.6%	90,4 k €	-71.5%	316,5 k €	-1.9%	322,6 k €	-13.5%	372,9 k €	+11.0%	335,9 k €	+87.7%	178,9 k €	-9.0%	196,5 k €	-5.3%	207,4 k €
EBITDA	124,2 k €	+11.8%	111,0 k €	-21.1%	140,7 k €	-6.6%	150,7 k €	+4.1%	144,8 k €	-7.0%	155,6 k €	-35.2%	240,1 k €	-2.9%	247,3 k €	-12.5%	282,7 k €	+247%	81,5 k €	-8.6%	89,2 k €	-71.7%	315,4 k €	-1.9%	321,5 k €	-13.5%	371,7 k €	+11.0%	334,8 k €	+87.8%	178,3 k €	-9.0%	196,0 k €	-5.2%	206,7 k €
Operating result	94,8 k €	+16.8%	81,2 k €	-26.5%	110,5 k €	-10.3%	123,2 k €	+15.8%	106,3 k €	-16.8%	127,8 k €	-29.3%	180,7 k €	+2.9%	175,6 k €	-30.6%	253,2 k €	+213%	80,9 k €	-8.5%	88,4 k €	-71.9%	314,3 k €	-2.0%	320,6 k €	-13.7%	371,4 k €	+17.4%	316,3 k €	+78.7%	177,0 k €	-8.9%	194,3 k €	-4.7%	203,9 k €
Net result	2,3 k €	+66.8%	1,4 k €	-96.1%	34,9 k €	-44.6%	63,0 k €	+41.9%	44,4 k €	-30.0%	63,4 k €	-26.5%	86,1 k €	+15.4%	74,7 k €	-91.9%	927,0 k €	+6926%	-13,6 k €	-497%	-2,3 k €	-102%	150,8 k €	-2.3%	154,4 k €	-18.5%	189,4 k €	+16.2%	163,0 k €	+126%	72,1 k €	-19.2%	89,2 k €	-26.7%	121,6 k €
Balance sheet
Equity	4,7 M €	+0.0%	4,7 M €	+0.0%	4,7 M €	+0.7%	4,7 M €	+1.4%	4,6 M €	+1.0%	4,6 M €	+1.4%	4,5 M €	+2.0%	4,4 M €	+1.7%	4,3 M €	+27.2%	3,4 M €	-0.4%	3,4 M €	-0.1%	3,4 M €	+4.6%	3,3 M €	+4.9%	3,1 M €	+6.5%	2,9 M €	+5.9%	2,8 M €	+125%	1,2 M €	+819%	134,0 k €
Total assets	6,1 M €	+0.6%	6,1 M €	+1.4%	6,0 M €	+1.2%	5,9 M €	+3.4%	5,7 M €	+0.5%	5,7 M €	-4.8%	6,0 M €	+0.0%	6,0 M €	+2.4%	5,8 M €	+20.7%	4,8 M €	+1.3%	4,8 M €	-2.7%	4,9 M €	+6.1%	4,6 M €	+5.1%	4,4 M €	+4.9%	4,2 M €	+6.8%	3,9 M €	+60.3%	2,4 M €	+350%	545,0 k €
Cash	454,7 k €	+38.5%	328,2 k €	-0.1%	328,4 k €	+42.3%	230,9 k €	+165%	87,1 k €	+388%	17,9 k €	-94.8%	346,9 k €	-37.1%	551,3 k €	-26.9%	754,7 k €	-0.2%	756,2 k €	+7.4%	704,2 k €	+5.7%	666,0 k €	+84.6%	360,7 k €	+13.8%	317,0 k €	+329%	73,9 k €	+224%	22,8 k €	-12.4%	26,1 k €	+44.5%	18,0 k €
Debts	1,3 M €	+2.2%	1,3 M €	+5.3%	1,2 M €	+1.2%	1,2 M €	+11.7%	1,1 M €	-0.7%	1,1 M €	-24.2%	1,4 M €	-4.9%	1,5 M €	-0.2%	1,5 M €	+5.1%	1,4 M €	+5.7%	1,4 M €	-8.8%	1,5 M €	+9.8%	1,3 M €	+5.6%	1,3 M €	+1.1%	1,3 M €	+15.1%	1,1 M €	-9.7%	1,2 M €	+196%	410,8 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 · 1 ended

Active mandates

Josephine COLSON

Director

Active

Ended mandates

Josephine COLSON

Manager

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	02/07/2026	26/08/2025	29/07/2024	26/07/2023	27/07/2022	05/08/2021
General meeting	08/06/2026	10/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	08/06/2026	02/07/2026	Dutch	PDF
Micro model	31/12/2024	10/06/2025	26/08/2025	Dutch	PDF
Micro model	31/12/2023	10/06/2024	29/07/2024	Dutch	PDF
Micro model	31/12/2022	12/06/2023	26/07/2023	Dutch	PDF
Micro model	31/12/2021	13/06/2022	27/07/2022	Dutch	PDF
Micro model	31/12/2020	14/06/2021	05/08/2021	Dutch	PDF
Micro model	31/12/2019	08/06/2020	31/07/2020	Dutch	PDF
Micro model	31/12/2018	11/06/2019	23/08/2019	Dutch	PDF
Micro model	31/12/2017	11/06/2018	25/07/2018	Dutch	PDF
Micro model	31/12/2016	12/06/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	07/08/2009	Dutch	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 · 1 ended

Active mandates

Josephine COLSON

Director

Active

Ended mandates

Josephine COLSON

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/09/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Capital / shares01/12/2010
KAPITAAL - AANDELEN
PDF
Capital / shares18/01/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/09/2007
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 20252,3 k €↑
2024
Annual accounts 20241,4 k €↓
2023
Annual accounts 202334,9 k €↓
2022
Annual accounts 202263,0 k €↑
2021
Annual accounts 202144,4 k €↓
2020
Annual accounts 202063,4 k €↓
2019
Annual accounts 201986,1 k €↑
2018
Annual accounts 201874,7 k €↓
2017
Annual accounts 2017927,0 k €↑
2016
Annual accounts 2016-13,6 k €↓
2015
Annual accounts 2015-2,3 k €↓
2014
Annual accounts 2014150,8 k €↓
2013
Annual accounts 2013154,4 k €↓
2012
Annual accounts 2012189,4 k €↑
2011
Annual accounts 2011163,0 k €↑
2010
Annual accounts 201072,1 k €↓
2009
Annual accounts 200989,2 k €↓
2008
Annual accounts 2008121,6 k €
25/09/2007
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

Artaman

Overview

What does Artaman do?

Trend over 18 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