ACTIVE

ARTHOPA

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Financial year 2025 · closed on 30/06/2025

Net result

-37,8 k €

-162.8% YoY

Revenue

825,5 k €

+15.9% YoY

Equity

226,9 k €

-14.3% YoY

What does ARTHOPA do?

ARTHOPA is a Private limited company incorporated in 2007. Its main activity is: Manufacture of non-domestic cooling and ventilation equipment. Its registered office is in Sprimont.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.142.049

Incorporation

29/10/2007

Legal form

Private limited company

Registered office

Avenue Bois le Comte(GOM) 2
4140 Sprimont · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

28250Manufacture of non-domestic cooling and ventilation equipment· main 28250Manufacture of non-domestic cooling and ventilation equipment 33190Repair of other equipment 33190Repair of other equipment

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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
Revenue	825,5 k €	+15.9%	712,5 k €	-13.2%	820,7 k €	+18.8%	691,1 k €	+35.7%	509,2 k €	+74.6%	291,7 k €		–		–		173,5 k €		–		–		–		–		–		–		–		–		–
EBITDA	-8,2 k €	-107%	117,7 k €	+199%	39,4 k €	-43.4%	69,7 k €	-62.0%	183,2 k €	+292%	46,7 k €	+92.9%	24,2 k €	-59.2%	59,4 k €	+9.5%	54,2 k €	+51.1%	35,9 k €	+7.4%	33,4 k €	-8.7%	36,6 k €	+314%	8,8 k €	+0.6%	8,8 k €	+10.8%	7,9 k €	+39.6%	5,7 k €	-41.4%	9,7 k €	+216%	-8,3 k €
Operating result	-22,9 k €	-123%	100,2 k €	+359%	21,8 k €	-60.2%	54,9 k €	-62.6%	146,7 k €	+463%	26 k €	+475%	4,5 k €	-82.3%	25,6 k €	-43.3%	45,2 k €	+69.9%	26,6 k €	+9.2%	24,4 k €	-14.8%	28,6 k €	+2373%	1,2 k €	-26.2%	1,6 k €	+121%	707,7 €	+146%	-1,5 k €	-148%	3,2 k €	+117%	-19,5 k €
Net result	-37,8 k €	-163%	60,2 k €	+5004%	-1,2 k €	-104%	28,5 k €	-70.4%	96,5 k €	+541%	15 k €	+927%	-1,8 k €	-113%	13,7 k €	-53.6%	29,5 k €	+63.1%	18,1 k €	-3.8%	18,8 k €	-15.4%	22,2 k €	+538%	-5,1 k €	-2.5%	-4,9 k €	+9.5%	-5,4 k €	+28.5%	-7,6 k €	-174%	10,3 k €	+125%	-41,9 k €
Balance sheet
Equity	226,9 k €	-14.3%	264,7 k €	+29.5%	204,4 k €	-0.6%	205,7 k €	+16.1%	177,2 k €	+120%	80,7 k €	+22.9%	65,6 k €	-2.7%	67,4 k €	+25.4%	53,8 k €	+121%	24,3 k €	+289%	6,3 k €	+150%	-12,5 k €	+63.9%	-34,7 k €	-17.1%	-29,6 k €	-20.0%	-24,7 k €	-28.3%	-19,2 k €	-65.5%	-11,6 k €	+46.9%	-21,9 k €
Total assets	435,5 k €	-9.2%	479,5 k €	-6.4%	512,2 k €	-0.1%	512,6 k €	+7.6%	476,2 k €	+35.9%	350,6 k €	-10.2%	390,3 k €	+31.8%	296,1 k €	+97.0%	150,4 k €	+34.3%	111,9 k €	+24.2%	90,1 k €	+15.7%	77,9 k €	-3.3%	80,6 k €	-3.9%	83,9 k €	-8.0%	91,1 k €	-7.5%	98,5 k €	-1.8%	100,4 k €	-53.1%	214,1 k €
Cash	40,3 k €	-54.3%	88,1 k €	+45.8%	60,4 k €	-7.9%	65,6 k €	+170%	24,3 k €	+80.5%	13,4 k €	-4.9%	14,1 k €	+21.1%	11,7 k €	-59.3%	28,7 k €	+175%	10,4 k €	+57.7%	6,6 k €	+168%	2,5 k €	+314%	594,2 €		–		49,1 €	-79.8%	243,3 €	-72.3%	878,5 €	-82.7%	5,1 k €
Debts	206,4 k €	-3.9%	214,8 k €	-30.1%	307,3 k €	+0.1%	306,9 k €	+2.8%	298,7 k €	+10.8%	269,6 k €	-16.8%	324,2 k €	+42.1%	228,2 k €	+140%	95,1 k €	+8.5%	87,6 k €	+4.5%	83,9 k €	-7.2%	90,4 k €	-21.6%	115,3 k €	+1.6%	113,5 k €	-2.0%	115,8 k €	-1.7%	117,8 k €	+5.2%	112 k €	-52.5%	236 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Pascal CLARENNE

Manager

Active

Ended mandates

Pascal CLARENNE

Mandate

Ended

VINCENT TILMAN

Manager

Ended

At this address

Other companies at this address

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DELIMAX● Active	0719.711.987
FOODMAX● Active	0462.442.550
H&H40 SERVICES● Active	1016.969.081
SAVEX● Active	1016.970.170
THE BELGIAN FACTORY● Active	0769.890.186
V-Max Construct● Active	0680.667.905

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/02/2026	10/02/2025	21/02/2024	23/02/2023	14/03/2022	25/02/2021
General meeting	14/02/2026	31/01/2025	30/01/2024	31/01/2023	28/01/2022	29/01/2021
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	30/06/2025	14/02/2026	19/02/2026	French	PDF
Micro model	30/06/2024	31/01/2025	10/02/2025	French	PDF
Micro model	30/06/2023	30/01/2024	21/02/2024	French	PDF
Micro model	30/06/2022	31/01/2023	23/02/2023	French	PDF
Micro model	30/06/2021	28/01/2022	14/03/2022	French	PDF
Micro model	30/06/2020	29/01/2021	25/02/2021	French	PDF
Micro model	30/06/2019	21/01/2020	03/03/2020	French	PDF
Micro model	30/06/2018	09/01/2019	08/03/2019	French	PDF
Micro model	30/06/2017	09/01/2018	31/01/2018	French	PDF
Abridged model	30/06/2016	22/12/2016	10/03/2017	French	PDF
Abridged model	30/06/2015	23/01/2016	29/09/2016	French	PDF
Abridged model	30/06/2014	21/02/2015	04/03/2015	French	PDF
Abridged model	30/06/2013	18/01/2014	27/03/2014	French	PDF
Abridged model	30/06/2012	20/01/2013	19/02/2013	French	PDF
Abridged model	30/06/2011	20/07/2011	09/02/2012	French	PDF
Abridged model	30/06/2010	20/07/2011	07/02/2012	French	PDF
Abridged model	30/06/2009	15/12/2009	09/02/2010	French	PDF
Abridged model	30/06/2008	15/12/2008	26/01/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 1 active · 2 ended

Active mandates

Pascal CLARENNE

Manager

Active

Ended mandates

Pascal CLARENNE

Mandate

Ended

VINCENT TILMAN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other09/10/2025
OBJET
PDF
Mandates22/12/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office16/01/2020
SIEGE SOCIAL
PDF
Mandates20/02/2013
DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates18/11/2009
DEMISSIONS, NOMINATIONS
PDF
Other08/11/2007
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 2025-37,8 k €↓
2024
Annual accounts 202460,2 k €↑
2023
Annual accounts 2023-1,2 k €↓
2022
Annual accounts 202228,5 k €↓
2021
Annual accounts 202196,5 k €↑
2020
Annual accounts 202015 k €↑
2019
Annual accounts 2019-1,8 k €↓
2018
Annual accounts 201813,7 k €↓
2017
Annual accounts 201729,5 k €↑
2016
Annual accounts 201618,1 k €↓
2015
Annual accounts 201518,8 k €↓
2014
Annual accounts 201422,2 k €↑
2013
Annual accounts 2013-5,1 k €↓
2012
Annual accounts 2012-4,9 k €↑
2011
Annual accounts 2011-5,4 k €↑
2010
Annual accounts 2010-7,6 k €↓
2009
Annual accounts 200910,3 k €↑
2008
Annual accounts 2008-41,9 k €
29/10/2007
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

ARTHOPA

Overview

What does ARTHOPA do?

Trend over 18 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