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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
40 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Artes Depret from Brugge, company number BE0400082042, closed financial year 2025 with a result of € 5.9 million after tax. For that financial year Artes Depret recorded revenue of € 131.6 million and equity of € 32.9 million. Compared with financial year 2024, the result moved from € 9.8 million to € 5.9 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 32.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.9 million
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 18.2 million
▲ 210% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
85 % of the profit went to the shareholders, mostly to ARTES GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
226.3
▲ 9.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.4 million
▲ 10% vs 2024
€ 72,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.4 million
▲ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36.3 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 2.3 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 149,312,112 | € 136,672,154 | € 91,788,950 | € 131,565,030 | ▲ 43% |
| Profit after taxes | € 16,157,463 | € 11,016,961 | € 9,812,684 | € 5,884,055 | ▼ 40% |
| Equity | € 32,161,182 | € 32,978,143 | € 31,990,827 | € 32,874,883 | ▲ 3% |
| Total debts | € 53,540,429 | € 57,253,321 | € 64,418,569 | € 83,965,262 | ▲ 30% |
| Cash | € 19,671,926 | € 6,685,287 | € 5,891,909 | € 18,238,660 | ▲ 210% |
| Land & buildings | € 4,706,057 | € 4,520,710 | € 4,454,709 | € 4,261,801 | ▼ 4% |
| Retained profit | € 31,566,182 | € 32,383,143 | € 31,395,827 | € 32,279,883 | ▲ 3% |
| Dividend | € 7,080,000 | € 10,200,000 | € 10,800,000 | € 5,000,000 | ▼ 54% |
| Balance sheet total | € 86,510,881 | € 91,646,904 | € 97,822,494 | € 118,751,846 | ▲ 21% |
| Employees (FTE) | 210.7 | 208.6 | 217.1 | 226.3 | ▲ 9.2 |
Key figures of Artes Depret, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Artes Depret?
What happened at Artes Depret in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Robert Hoornaert stepped down as director. NBB
- ELCONSTRUCT BV stepped down as director. NBB
- Matthias Hoornaert stepped down as director. NBB
- PACT 14 BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.9 million (▼ 40% vs 2024). Source: NBB ↗
- Robert Hoornaert became a director. NBB
- ELCONSTRUCT BV became a director. NBB
- Matthias Hoornaert became a director. NBB
In short
From € 16.2 million profit in 2022 to € 5.9 million profit in 2025.
Paid € 14.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 16.2 million profit.
Paid out € 33.1 million in dividends to the owners in total.
Management
The stake of ARTES GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Artes DepretThe shares are held by ARTES GROUP (100%).
Directors
According to the 2025 annual accounts
Robert Hoornaert
Director
Also active at: association des entrepreneurs belges de grands travaux, Windhoek, AELTERMAN CONTRACTING & ENGINEERING, SMAERT
since 2025 · until 2028
Managing director · represented by Johan Van Overwalle
Also active at: AELTERMAN, Artes Roegiers, Artes Woudenberg, Artes Uptech, Artes TWT, AELTERMAN CONTRACTING & ENGINEERING, Artes Prefab, Artes Projects
since 2025 · until 2028
Matthias Hoornaert
Director
Also active at: AELTERMAN, Artes Roegiers, ARTES GROUP, Artes Woudenberg, Artes Uptech, CAAAP, Oleander, Artes Terra +7 more
since 2025 · until 2028
Director · represented by Koen Vandewalle
Also active at: Artes Roegiers, Artes Woudenberg, Artes Uptech, Artes TWT, Artes Prefab, Artes Projects, A10, ARTES ENERGIES +1 more
since 2025 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rederskaai 61 box .0301
8380 Brugge
Rederskaai 61 box 301
8380 Brugge
Active since 1 July 1979
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 40 companies are registered at this address.
All companies at this address →TM Artes Depret nv - Artes Roegiers nv
TM NV DEPRET & NV BAGGERW DECLOEDT
THV ARTES DEPRET NV - AGIDENS INFRA AUTOMATION NV
TM ARTES DEPRET-ARTES ROEGIERS-ARTES WOUDENBERG
TM Artes-Projects nv - Artes-Group nv
+35 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.082.042
- VAT number
- BE 0400.082.042
- Registered office
- Rederskaai 61 bus .0301, 8380 Brugge
- Names & denominations
- Artes Depret
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 1941
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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