ARTIC (0792.438.629): financials and annual accounts

ARTIC

Ghent ·KBO/BCE: BE 0792.438.629

Line	2025	2024	2023
Balance sheet: assets
Total assets`20/58`	40,753	31,074	43,962
Fixed assets`21/28`	5,445	11,105	16,765
Tangible fixed assets`22/27`	5,445	11,105	16,765
Plant, machinery and equipment`23`	4,113	8,414	12,716
Furniture and vehicles`24`	1,332	2,691	4,049
Current assets`29/58`	35,307	19,968	27,197
Amounts receivable within one year`40/41`	8,845	4,840	12,217
Trade receivables`40`	3,048	4,666	12,217
Other amounts receivable`41`	5,797	173	-
Cash at bank and in hand`54/58`	26,462	15,129	14,980
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	40,753	31,074	43,962
Equity`10/15`	37,136	27,870	25,009
Reserves`13`	2,500	2,500	2,500
Distributable reserves`133`	2,500	2,500	2,500
Profit (loss) carried forward`14`	34,636	25,370	22,509
Amounts payable`17/49`	3,616	3,203	18,953
Amounts payable within one year`42/48`	3,616	3,203	18,953
Trade debts`44`	615	555	202
Suppliers`440/4`	615	555	202
Taxes, remuneration and social security`45`	3,001	2,648	12,460
Taxes`450/3`	3,001	2,648	12,460
Other amounts payable`47/48`	-	-	6,290
Income statement
Turnover`70`	-	77,613	89,979
Gross operating margin`9900`	18,474	14,230	39,399
Goods, raw materials, services and sundry goods`60/61`	-	63,383	50,580
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	5,660	5,660	961
Other operating charges`640/8`	617	4,704	6,840
Operating profit (loss)`9901`	12,197	3,866	31,598
Financial income`75/76B`	77	21	-
Recurring financial income`75`	77	21	-
Financial charges`65/66B`	75	108	83
Recurring financial charges`65`	75	108	83
Profit (loss) for the period before taxes`9903`	12,199	3,778	31,515
Income taxes`67/77`	2,933	917	9,005
Profit (loss) for the period`9904`	9,266	2,861	22,509
Profit (loss) for the period to be appropriated`9905`	9,266	2,861	22,509
Appropriation of the result
Profit (loss) to be appropriated`9906`	34,636	25,370	22,509
Profit (loss) brought forward from the previous period`14P`	25,370	22,509	-
Document	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-01-2026	2026-00025223	PDF
31-12-2024	micro format	10-03-2025	2025-00045606	PDF
31-12-2023	micro format	30-04-2024	2024-00082090	PDF

Line	2025	2024	2023
EBITDA	17,856	9,525	32,559
Cash flow	14,926	8,520	23,470
Investment in fixed assets (approximation)	0	0	17,726
Change in cash	11,334	148	-
Working capital	31,691	16,765	8,245
EBIT margin	-	5.0%	35.1%
Solvency	91.1%	89.7%	56.9%
Current ratio	9.76	6.23	1.44
Debt to equity	0.10	0.11	0.76
ROE	25.0%	10.3%	90.0%
ROA	22.7%	9.2%	51.2%
Interest coverage	over 100	87.89	over 100
Customer credit	-	22 days	50 days
Supplier credit	-	3 days	1 day

Item	2025	2024	2023
Tangible fixed assets	-	-	€17,726
Depreciation and write-downs of the year	€5,660	€5,660	€961

ARTIC

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency91.1%

Current ratio9.76

Return on assets22.7%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on ARTIC

Next steps