AARTCO is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 27 October 1981, 1 establishment.

What is the address of AARTCO?

The registered office of AARTCO is located at Gentsestraat 61, 8870 Izegem.

Is AARTCO still active?

Yes. According to the CBE (29 October 2026) AARTCO is active, legal situation “Normale toestand”, started on 27 October 1981.

Is AARTCO registered on Peppol?

Yes, AARTCO is registered on the Peppol network with ID 0208:0422039476.

What is the enterprise number of AARTCO?

The enterprise number of AARTCO is BE0422039476.

When was AARTCO founded?

AARTCO was founded on 27 October 1981.

Who are the directors of AARTCO?

According to the 2025 annual accounts, the directors of AARTCO are: Pascal Vanhonsebrouck.

Is AARTCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 October 1981; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did AARTCO make in 2025?

AARTCO recorded a loss after taxes of € 151,638 in financial year 2025.

What is the revenue of AARTCO?

As a small company, AARTCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,386,389.

How much does an employee at AARTCO earn?

The average wage cost per full-time employee at AARTCO was € 77,600 in 2025: staff costs of € 116,439 for 1.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does AARTCO have?

According to the 2025 annual accounts, AARTCO has 1.5 full-time equivalents (FTE).

AARTCO (Private Limited) - Izegem - BE0422039476

Dossier AARTCO, printed on 29 October 2026 from databakkes.be/en/0422039476/aartco. 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 54 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

24 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

AARTCO from Izegem, company number BE0422039476, closed financial year 2025 with a result of € -151,638 after tax. For that financial year AARTCO recorded a gross margin of € 1.4 million and equity of € 9 million. Compared with financial year 2024, the result moved from € 843,111 to € -151,638. The company made a loss. 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 November 26, 2025.

What it is worth Healthy

€ 9 million

▼ 2% vs 2024

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

Loss Caution

€ -151,638

▼ still € 843,111 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 811,000

▼ 35% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 8.9 million.

People and assets in 2025

Full-time equivalents

1.5

▲ 0.4 vs 2024

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

Wage cost

€ 116,439

▲ 14% vs 2024

€ 77,600 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

€ 81,217

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 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.

€ 4 million

▼ 9% vs 2024

€ 403,512 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 52,859

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

Taxes and wages

€ 55,283

▼ 54% 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	€ 1,492,549 Gross margin 2022: € 1,492,549 First fiscal year in the series	€ 2,954,917 Gross margin 2023: € 2,954,917 ▲ 98% vs 2022 (€ 1,492,549) Favourable step	€ 1,506,438 Gross margin 2024: € 1,506,438 ▼ 49% vs 2023 (€ 2,954,917) Unfavourable step	€ 1,386,389 Gross margin 2025: € 1,386,389 ▼ 8% vs 2024 (€ 1,506,438) Unfavourable step	▼ 8%
Profit after taxes	€ 693,577 Profit after taxes 2022: € 693,577 First fiscal year in the series	€ 1,812,906 Profit after taxes 2023: € 1,812,906 ▲ 161% vs 2022 (€ 693,577) Favourable step	€ 843,111 Profit after taxes 2024: € 843,111 ▼ 53% vs 2023 (€ 1,812,906) Unfavourable step	€ -151,638 Profit after taxes 2025: € -151,638 ▼ € 994,749 vs 2024 (€ 843,111) Unfavourable step	▼ € 994,749
Equity	€ 6,517,637 Equity 2022: € 6,517,637 First fiscal year in the series	€ 8,330,543 Equity 2023: € 8,330,543 ▲ 28% vs 2022 (€ 6,517,637) Favourable step	€ 9,118,114 Equity 2024: € 9,118,114 ▲ 9% vs 2023 (€ 8,330,543) Favourable step	€ 8,966,476 Equity 2025: € 8,966,476 ▼ 2% vs 2024 (€ 9,118,114) Unfavourable step	▼ 2%
Total debts	€ 8,265,962 Total debts 2022: € 8,265,962 First fiscal year in the series	€ 6,828,027 Total debts 2023: € 6,828,027 ▼ 17% vs 2022 (€ 8,265,962) Favourable step	€ 8,132,145 Total debts 2024: € 8,132,145 ▲ 19% vs 2023 (€ 6,828,027) Unfavourable step	€ 6,584,064 Total debts 2025: € 6,584,064 ▼ 19% vs 2024 (€ 8,132,145) Favourable step	▼ 19%
Cash	€ 250,426 Cash 2022: € 250,426 First fiscal year in the series	€ 770,730 Cash 2023: € 770,730 ▲ 208% vs 2022 (€ 250,426) Favourable step	€ 1,239,688 Cash 2024: € 1,239,688 ▲ 61% vs 2023 (€ 770,730) Favourable step	€ 811,000 Cash 2025: € 811,000 ▼ 35% vs 2024 (€ 1,239,688) Unfavourable step	▼ 35%
Land & buildings	€ 8,619,743 Land & buildings 2022: € 8,619,743 First fiscal year in the series	€ 9,957,642 Land & buildings 2023: € 9,957,642 ▲ 16% vs 2022 (€ 8,619,743) Unchanged	€ 11,721,831 Land & buildings 2024: € 11,721,831 ▲ 18% vs 2023 (€ 9,957,642) Unchanged	€ 11,013,202 Land & buildings 2025: € 11,013,202 ▼ 6% vs 2024 (€ 11,721,831) Unchanged	▼ 6%
Retained profit	€ 6,455,637 Retained profit 2022: € 6,455,637 First fiscal year in the series	€ 8,268,543 Retained profit 2023: € 8,268,543 ▲ 28% vs 2022 (€ 6,455,637) Favourable step	€ 9,056,164 Retained profit 2024: € 9,056,164 ▲ 10% vs 2023 (€ 8,268,543) Favourable step	€ 8,904,526 Retained profit 2025: € 8,904,526 ▼ 2% vs 2024 (€ 9,056,164) Unfavourable step	▼ 2%
Bank debt	€ 3,488,164 Bank debt 2022: € 3,488,164 First fiscal year in the series	€ 3,838,046 Bank debt 2023: € 3,838,046 ▲ 10% vs 2022 (€ 3,488,164) Unfavourable step	€ 4,366,843 Bank debt 2024: € 4,366,843 ▲ 14% vs 2023 (€ 3,838,046) Unfavourable step	€ 3,964,470 Bank debt 2025: € 3,964,470 ▼ 9% vs 2024 (€ 4,366,843) Favourable step	▼ 9%
Balance sheet total	€ 14,926,478 Balance sheet total 2022: € 14,926,478 First fiscal year in the series	€ 15,337,740 Balance sheet total 2023: € 15,337,740 ▲ 3% vs 2022 (€ 14,926,478) Unchanged	€ 17,419,259 Balance sheet total 2024: € 17,419,259 ▲ 14% vs 2023 (€ 15,337,740) Unchanged	€ 15,709,368 Balance sheet total 2025: € 15,709,368 ▼ 10% vs 2024 (€ 17,419,259) Unchanged	▼ 10%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1.1 Employees (FTE) 2024: 1.1 ▲ 0.1 vs 2023 (1) Unchanged	1.5 Employees (FTE) 2025: 1.5 ▲ 0.4 vs 2024 (1.1) Unchanged	▲ 0.4

Key figures of AARTCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to AARTCO?

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

Nov 26, 2025 New annual accounts for financial year 2025: loss of € 151,638 (▼ € 994,749 vs 2024). Source: NBB ↗
Dec 10, 1981 New establishment in Izegem. KBO
Oct 27, 1981 Start of the company according to the CBE. KBO

In short

From € 693,577 profit in 2022 to € 151,638 loss in 2025.

Paid € 835,043 in corporate taxes since 2022.

Best year ever: 2023, with € 1.8 million profit.

On average € 924,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Pascal Vanhonsebrouck

AARTCO

Warwash 50%

Walvan 50%

Hotel 't Sandt 50%

Ertpas 49.7%

Behind AARTCO is Pascal Vanhonsebrouck. It owns 50% of Warwash, 50% of Walvan, 50% of Hotel 't Sandt, 49.7% of Ertpas and 33.3% of Market Terbiest itself.

Directors

According to the 2025 annual accounts

Pascal Vanhonsebrouck

Director

Also active at: MEIRSCHAERT IMMO, Unic Aalter, UNIC-MONA, VARIA, EVERCO, SHOPPING - HERMANS, GB GENTBRUGGE, MEUCO +23 more

Establishments

Establishment units

Physical locations of this company

Registered office

Gentsestraat 61

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.

All companies at this address →

MEIRSCHAERT IMMO same network

€ 72,574 gross margin · 2025

Unic Aalter same network

€ 748,818 gross margin · 2025

UNIC-MONA same network

€ 4.3 million gross margin · 2025

VARIA same network

€ 737,012 gross margin · 2025

EVERCO same network

€ 1.2 million gross margin · 2025

+19 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

0422.039.476

VAT number

BE 0422.039.476

Registered office

Gentsestraat 61, 8870 Izegem

Names & denominations

AARTCO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 October 1981

Peppol

Active · Active since 18 Mar 2026

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

AARTCO

Warning lights

Financials

What happened to AARTCO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions