NORMAL SITUATION

ARTESYN

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Financial year 2024 · closed on 31/12/2024

Net result

75,6 k €

-77.3% YoY

Gross margin

105,1 k €

-79.2% YoY

Equity

942,4 k €

+0.6% YoY

Company — Normal situation.

What does ARTESYN do?

ARTESYN is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.455.777

Legal form

Private limited company

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	105,1 k €	-79.2%	504,7 k €	+655%	66,8 k €	-15.2%	78,8 k €	-44.1%	141 k €	+48.3%	95,1 k €	+693%	12 k €	-84.7%	78,2 k €	-14.8%	91,8 k €	+11.4%	82,5 k €	-63.0%	222,9 k €	+67.9%	132,8 k €	+128%	58,2 k €	-7.5%	63 k €	+6.3%	59,2 k €	+47.7%	40,1 k €	-7.2%	43,2 k €
EBITDA	102,1 k €	-79.7%	503,7 k €	+665%	65,8 k €	-15.4%	77,8 k €	-44.5%	140,1 k €	+48.2%	94,5 k €	+743%	11,2 k €	-71.5%	39,4 k €	-55.1%	87,8 k €	+7.1%	82 k €	-63.1%	222,4 k €	+68.2%	132,2 k €	+129%	57,6 k €	-7.6%	62,3 k €	+6.7%	58,4 k €	+26.8%	46,1 k €	+54.4%	29,8 k €
Operating result	93,8 k €	-81.0%	494,2 k €	+763%	57,3 k €	-18.3%	70,1 k €	-49.5%	138,6 k €	+49.8%	92,5 k €	+905%	9,2 k €	-75.4%	37,4 k €	-56.4%	85,8 k €	+7.2%	80 k €	-63.4%	218,8 k €	+70.5%	128,3 k €	+133%	55,2 k €	-8.2%	60,1 k €	+6.5%	56,4 k €	+28.1%	44,1 k €	+58.3%	27,8 k €
Net result	75,6 k €	-77.3%	333,7 k €	+715%	41 k €	-24.9%	54,5 k €	-42.6%	95,1 k €	+46.3%	65 k €	+1588%	3,8 k €	-85.7%	26,8 k €	-54.3%	58,7 k €	+17.6%	49,9 k €	-61.9%	130,9 k €	+51.0%	86,7 k €	+138%	36,4 k €	-10.3%	40,6 k €	+13.0%	35,9 k €	+14.9%	31,2 k €	+56.8%	19,9 k €
Balance sheet
Equity	942,4 k €	+0.6%	936,8 k €	+55.3%	603,1 k €	+7.3%	562,2 k €	+10.7%	507,6 k €	+23.0%	412,6 k €	+18.7%	347,6 k €	+1.1%	343,7 k €	+8.5%	316,9 k €	+22.7%	258,2 k €	+24.0%	208,2 k €	+85.4%	112,3 k €	+85.3%	60,6 k €	+2.3%	59,3 k €	+10.4%	53,7 k €	+1.7%	52,8 k €	+37.0%	38,5 k €
Total assets	1,1 M €	-4.7%	1,2 M €	+37.9%	863,5 k €	+1.1%	854,5 k €	+7.6%	793,8 k €	+12.0%	708,6 k €	+15.7%	612,2 k €	-4.1%	638,1 k €	+85.6%	343,7 k €	+21.7%	282,3 k €	-30.0%	403,1 k €	+101%	200,3 k €	+8.9%	183,9 k €	+9.6%	167,8 k €	+4.1%	161,3 k €	+23.6%	130,4 k €	+37.4%	94,9 k €
Cash	313,4 k €	+16.6%	268,7 k €	-26.0%	363 k €	-0.5%	365 k €	+57.1%	232,3 k €	+9.3%	212,5 k €	+55.4%	136,8 k €	+30.9%	104,5 k €	-2.9%	107,6 k €	+89.0%	56,9 k €	-58.7%	137,8 k €	+1659%	7,8 k €	-82.8%	45,6 k €	+113%	21,4 k €	-54.9%	47,4 k €	-12.0%	53,9 k €	+79.7%	30 k €
Debts	192,4 k €	-23.2%	250,6 k €	-2.4%	256,8 k €	-11.1%	288,8 k €	+2.0%	283,1 k €	-3.2%	292,4 k €	+11.8%	261,5 k €	-10.2%	291,2 k €	+1126%	23,8 k €	+12.7%	21,1 k €	-88.9%	190,6 k €	+128%	83,7 k €	-29.6%	119 k €	+12.8%	105,5 k €	+2.1%	103,3 k €	+38.2%	74,7 k €	+54.4%	48,4 k €

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

PASCALE AZZAM

Director

Active

Ended mandates

Pascale AZZAM

Manager · since 22 avril 2008

Ended

Pascale AZZAM

Manager · since 01 janvier 2008

Ended

Pascale AZZAM

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2025	05/07/2024	09/08/2023	28/07/2022	22/06/2021	26/08/2020
General meeting	16/06/2025	30/06/2024	30/06/2023	30/06/2022	28/05/2021	25/06/2020
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	16/06/2025	18/06/2025	French	PDF
Micro model	31/12/2023	30/06/2024	05/07/2024	French	PDF
Micro model	31/12/2022	30/06/2023	09/08/2023	French	PDF
Micro model	31/12/2021	30/06/2022	28/07/2022	French	PDF
Micro model	31/12/2020	28/05/2021	22/06/2021	French	PDF
Micro model	31/12/2019	25/06/2020	26/08/2020	French	PDF
Micro model	31/12/2018	03/05/2019	27/08/2019	French	PDF
Micro model	31/12/2017	04/05/2018	27/08/2018	French	PDF
Micro model	31/12/2016	05/05/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	06/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	02/05/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	02/05/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	03/05/2013	26/06/2013	French	PDF
Abridged model	31/12/2011	04/05/2012	24/08/2012	French	PDF
Abridged model	31/12/2010	06/05/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	07/05/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	01/05/2009	26/08/2009	French	PDF

Estimate

Indicative valuation

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 31/12/2024 · 1 active · 3 ended

Active mandates

PASCALE AZZAM

Director

Active

Ended mandates

Pascale AZZAM

Manager · since 22 avril 2008

Ended

Pascale AZZAM

Manager · since 01 janvier 2008

Ended

Pascale AZZAM

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution16/09/2025
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
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

2024
Annual accounts 202475,6 k €↓
2023
Annual accounts 2023333,7 k €↑
2022
Annual accounts 202241 k €↓
2021
Annual accounts 202154,5 k €↓
2020
Annual accounts 202095,1 k €↑
2019
Annual accounts 201965 k €↑
2018
Annual accounts 20183,8 k €↓
2017
Annual accounts 201726,8 k €↓
2016
Annual accounts 201658,7 k €↑
2015
Annual accounts 201549,9 k €↓
2014
Annual accounts 2014130,9 k €↑
2013
Annual accounts 201386,7 k €↑
2012
Annual accounts 201236,4 k €↓
2011
Annual accounts 201140,6 k €↑
2010
Annual accounts 201035,9 k €↑
2009
Annual accounts 200931,2 k €↑
2008
Annual accounts 200819,9 k €

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

ARTESYN

Overview

What does ARTESYN do?

Trend over 17 financial years

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