Artec is a DIY store in Huy. Public Limited, started on 30 December 1970, 1 establishment.

What is the address of Artec?

The registered office of Artec is located at Quai de Compiègne 73, 4500 Huy.

Is Artec still active?

Yes. According to the CBE (29 October 2026) Artec is active, legal situation “Normale toestand”, started on 30 December 1970.

Is Artec registered on Peppol?

Yes, Artec is registered on the Peppol network with ID 0208:0408331990.

What is the enterprise number of Artec?

The enterprise number of Artec is BE0408331990.

When was Artec founded?

Artec was founded on 30 December 1970.

Who are the directors of Artec?

According to the 2025 annual accounts, the directors of Artec are: GIKINVEST SRL.

Is Artec a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 December 1970; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Artec make in 2025?

Artec posted a profit after taxes of € 615,088 in financial year 2025.

What is the revenue of Artec?

As a small company, Artec is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,125,360.

How much does an employee at Artec earn?

The average wage cost per full-time employee at Artec was € 44,100 in 2025: staff costs of € 1 million for 23.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Artec have?

According to the 2025 annual accounts, Artec has 23.7 full-time equivalents (FTE).

Artec (Public Limited) - Huy - BE0408331990

Dossier Artec, printed on 29 October 2026 from databakkes.be/en/0408331990/artec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 28.5 to 23.7.

Financials

Financial year 2025

Artec from Huy, company number BE0408331990, closed financial year 2025 with a result of € 615,088 after tax. For that financial year Artec recorded a gross margin of € 2.1 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 745,439 to € 615,088. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.

What it is worth Healthy

€ 3.8 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 615,088

▼ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 708,946

▼ 64% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 670,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

23.7

▼ 2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1 million

▲ 6% vs 2024

€ 44,100 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.

Vehicles and equipment

€ 16,150

▼ 38% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.4 million

▼ 19% vs 2024

€ 304,487 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 203,115

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 146,102

▼ 68% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,696,930 Gross margin 2022: € 2,696,930 First fiscal year in the series	€ 2,431,404 Gross margin 2023: € 2,431,404 ▼ 10% vs 2022 (€ 2,696,930) Unfavourable step	€ 2,238,668 Gross margin 2024: € 2,238,668 ▼ 8% vs 2023 (€ 2,431,404) Unfavourable step	€ 2,125,360 Gross margin 2025: € 2,125,360 ▼ 5% vs 2024 (€ 2,238,668) Unfavourable step	▼ 5%
Profit after taxes	€ 1,031,745 Profit after taxes 2022: € 1,031,745 First fiscal year in the series	€ 840,053 Profit after taxes 2023: € 840,053 ▼ 19% vs 2022 (€ 1,031,745) Unfavourable step	€ 745,439 Profit after taxes 2024: € 745,439 ▼ 11% vs 2023 (€ 840,053) Unfavourable step	€ 615,088 Profit after taxes 2025: € 615,088 ▼ 17% vs 2024 (€ 745,439) Unfavourable step	▼ 17%
Equity	€ 4,952,988 Equity 2022: € 4,952,988 First fiscal year in the series	€ 3,843,041 Equity 2023: € 3,843,041 ▼ 22% vs 2022 (€ 4,952,988) Unfavourable step	€ 3,808,480 Equity 2024: € 3,808,480 ▼ 1% vs 2023 (€ 3,843,041) Unfavourable step	€ 3,753,568 Equity 2025: € 3,753,568 ▼ 1% vs 2024 (€ 3,808,480) Unfavourable step	▼ 1%
Total debts	€ 4,935,414 Total debts 2022: € 4,935,414 First fiscal year in the series	€ 3,567,767 Total debts 2023: € 3,567,767 ▼ 28% vs 2022 (€ 4,935,414) Favourable step	€ 3,919,027 Total debts 2024: € 3,919,027 ▲ 10% vs 2023 (€ 3,567,767) Unfavourable step	€ 2,942,694 Total debts 2025: € 2,942,694 ▼ 25% vs 2024 (€ 3,919,027) Favourable step	▼ 25%
Cash	€ 2,622,127 Cash 2022: € 2,622,127 First fiscal year in the series	€ 539,746 Cash 2023: € 539,746 ▼ 79% vs 2022 (€ 2,622,127) Unfavourable step	€ 1,964,089 Cash 2024: € 1,964,089 ▲ 264% vs 2023 (€ 539,746) Favourable step	€ 708,946 Cash 2025: € 708,946 ▼ 64% vs 2024 (€ 1,964,089) Unfavourable step	▼ 64%
Land & buildings	€ 3,632,538 Land & buildings 2022: € 3,632,538 First fiscal year in the series	€ 3,373,444 Land & buildings 2023: € 3,373,444 ▼ 7% vs 2022 (€ 3,632,538) Unchanged	€ 3,180,045 Land & buildings 2024: € 3,180,045 ▼ 6% vs 2023 (€ 3,373,444) Unchanged	€ 3,053,866 Land & buildings 2025: € 3,053,866 ▼ 4% vs 2024 (€ 3,180,045) Unchanged	▼ 4%
Retained profit	€ 4,794,363 Retained profit 2022: € 4,794,363 First fiscal year in the series	€ 3,684,416 Retained profit 2023: € 3,684,416 ▼ 23% vs 2022 (€ 4,794,363) Unfavourable step	€ 3,649,855 Retained profit 2024: € 3,649,855 ▼ 1% vs 2023 (€ 3,684,416) Unfavourable step	€ 3,594,943 Retained profit 2025: € 3,594,943 ▼ 2% vs 2024 (€ 3,649,855) Unfavourable step	▼ 2%
Dividend	€ 1,100,000 Dividend 2022: € 1,100,000 First fiscal year in the series	€ 1,950,000 Dividend 2023: € 1,950,000 ▲ 77% vs 2022 (€ 1,100,000) Unchanged	€ 780,000 Dividend 2024: € 780,000 ▼ 60% vs 2023 (€ 1,950,000) Unchanged	€ 670,000 Dividend 2025: € 670,000 ▼ 14% vs 2024 (€ 780,000) Unchanged	▼ 14%
Bank debt	€ 2,420,045 Bank debt 2022: € 2,420,045 First fiscal year in the series	€ 2,093,065 Bank debt 2023: € 2,093,065 ▼ 14% vs 2022 (€ 2,420,045) Favourable step	€ 1,762,237 Bank debt 2024: € 1,762,237 ▼ 16% vs 2023 (€ 2,093,065) Favourable step	€ 1,427,369 Bank debt 2025: € 1,427,369 ▼ 19% vs 2024 (€ 1,762,237) Favourable step	▼ 19%
Balance sheet total	€ 10,110,677 Balance sheet total 2022: € 10,110,677 First fiscal year in the series	€ 7,610,912 Balance sheet total 2023: € 7,610,912 ▼ 25% vs 2022 (€ 10,110,677) Unchanged	€ 7,907,748 Balance sheet total 2024: € 7,907,748 ▲ 4% vs 2023 (€ 7,610,912) Unchanged	€ 6,858,505 Balance sheet total 2025: € 6,858,505 ▼ 13% vs 2024 (€ 7,907,748) Unchanged	▼ 13%
Employees (FTE)	26.8 Employees (FTE) 2022: 26.8 First fiscal year in the series	28.5 Employees (FTE) 2023: 28.5 ▲ 1.7 vs 2022 (26.8) Unchanged	25.7 Employees (FTE) 2024: 25.7 ▼ 2.8 vs 2023 (28.5) Unchanged	23.7 Employees (FTE) 2025: 23.7 ▼ 2 vs 2024 (25.7) Unchanged	▼ 2

Key figures of Artec, 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 Artec?

What happened at Artec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 3, 2026 New annual accounts for financial year 2025: profit of € 615,088 (▼ 17% vs 2024). Source: NBB ↗
Aug 1, 1983 New establishment in Huy. KBO
Dec 30, 1970 Start of the company according to the CBE. KBO

In short

From € 1 million profit in 2022 to € 615,088 profit in 2025.

Paid € 734,355 in corporate taxes since 2022.

Best year ever: 2022, with € 1 million profit.

On average € 89,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GIKINVEST 99.8%

The stake of GIKINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Artec

Behind Artec is GIKINVEST SRL. The shares are held by GIKINVEST (99.8%).

Directors

According to the 2025 annual accounts

GIKINVEST SRL

Director · represented by Gilles Delvaux

Also active at: SENGO, MB NANDRIN, Bricowar, MB ANDENNE, BRICOMO, BRICOBA

Shareholders

GIKINVEST

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Quai de Compiègne 73

4500 Huy

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

GIKINVEST same network

€ 2.4 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0408.331.990

VAT number

BE 0408.331.990

Registered office

Quai de Compiègne 73, 4500 Huy

Names & denominations

Artec

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 December 1970

Peppol

Active · Active since 3 Dec 2025

Activities · NACE

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Overige niet-gespecialiseerde detailhandel

Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen

Gespecialiseerde detailhandel in vaste en vloeibare brandstoffen

Detailhandel via postorderbedrijven of via internet

View on CBE Public ↗ Annual accounts (NBB) ↗

Artec

Warning lights

Financials

What happened to Artec?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions