What does Artes TWT do?

Artes TWT is a construction company in Andenne. Public Limited, started on 1 April 1993, 1 establishment.

What is the address of Artes TWT?

The registered office of Artes TWT is located at Rue Géron 41, 5300 Andenne.

Is Artes TWT still active?

Yes. According to the CBE (29 October 2026) Artes TWT is active, legal situation “Normale toestand”, started on 1 April 1993.

Is Artes TWT registered on Peppol?

Yes, Artes TWT is registered on the Peppol network with ID 0208:0449710707.

What is the enterprise number of Artes TWT?

The enterprise number of Artes TWT is BE0449710707.

When was Artes TWT founded?

Artes TWT was founded on 1 April 1993.

Who are the directors of Artes TWT?

According to the 2025 annual accounts, the directors of Artes TWT are: ELCONSTRUCT, Robert HOORNAERT, PACT 14.

Is Artes TWT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 April 1993; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Artes TWT make in 2025?

Artes TWT posted a profit after taxes of € 4,182,934 in financial year 2025.

What is the revenue of Artes TWT?

In its most recent annual accounts (2025), Artes TWT reported revenue of € 46,418,482.

How much does an employee at Artes TWT earn?

The average wage cost per full-time employee at Artes TWT was € 67,400 in 2025: staff costs of € 7.3 million for 108.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Artes TWT have?

According to the 2025 annual accounts, Artes TWT has 108.9 full-time equivalents (FTE).

Does Artes TWT have a website?

Yes, Artes TWT has a website at artestwt.be.

Artes TWT (Public Limited) - Andenne - BE0449710707

Dossier Artes TWT, printed on 29 October 2026 from databakkes.be/en/0449710707/artes-twt. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Artes TWT from Andenne, company number BE0449710707, closed financial year 2025 with a result of € 4.2 million after tax. For that financial year Artes TWT recorded revenue of € 46.4 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € 5.3 million to € 4.2 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 30, 2026.

What it is worth Growing

€ 6.5 million

▲ 3% vs 2024

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

Profit Healthy

€ 4.2 million

▼ 22% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 11.1 million

▲ 14% vs 2024

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

Where the profit goes Pays out

€ 4 million paid out

96 % 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

Full-time equivalents

108.9

▲ 10.9 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.3 million

▲ 17% vs 2024

€ 67,400 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

€ 728,017

▲ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6.9 million

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.

Taxes and wages

€ 1.4 million

▲ 36% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2023	2024	2025	Change 2024 → 2025
Revenue	€ 32,869,458 Revenue 2021: € 32,869,458 First fiscal year in the series	€ 70,452,162 Revenue 2023: € 70,452,162 ▲ 114% vs 2021 (€ 32,869,458) Favourable step	€ 60,341,007 Revenue 2024: € 60,341,007 ▼ 14% vs 2023 (€ 70,452,162) Unfavourable step	€ 46,418,482 Revenue 2025: € 46,418,482 ▼ 23% vs 2024 (€ 60,341,007) Unfavourable step	▼ 23%
Profit after taxes	€ 2,464,651 Profit after taxes 2021: € 2,464,651 First fiscal year in the series	€ 6,723,667 Profit after taxes 2023: € 6,723,667 ▲ 173% vs 2021 (€ 2,464,651) Favourable step	€ 5,337,751 Profit after taxes 2024: € 5,337,751 ▼ 21% vs 2023 (€ 6,723,667) Unfavourable step	€ 4,182,934 Profit after taxes 2025: € 4,182,934 ▼ 22% vs 2024 (€ 5,337,751) Unfavourable step	▼ 22%
Equity	€ 1,603,839 Equity 2021: € 1,603,839 First fiscal year in the series	€ 5,999,202 Equity 2023: € 5,999,202 ▲ 274% vs 2021 (€ 1,603,839) Favourable step	€ 6,274,454 Equity 2024: € 6,274,454 ▲ 5% vs 2023 (€ 5,999,202) Favourable step	€ 6,458,511 Equity 2025: € 6,458,511 ▲ 3% vs 2024 (€ 6,274,454) Favourable step	▲ 3%
Total debts	€ 18,081,683 Total debts 2021: € 18,081,683 First fiscal year in the series	€ 19,861,547 Total debts 2023: € 19,861,547 ▲ 10% vs 2021 (€ 18,081,683) Unfavourable step	€ 21,878,961 Total debts 2024: € 21,878,961 ▲ 10% vs 2023 (€ 19,861,547) Unfavourable step	€ 25,976,574 Total debts 2025: € 25,976,574 ▲ 19% vs 2024 (€ 21,878,961) Unfavourable step	▲ 19%
Cash	€ 5,624,364 Cash 2021: € 5,624,364 First fiscal year in the series	€ 7,454,264 Cash 2023: € 7,454,264 ▲ 33% vs 2021 (€ 5,624,364) Favourable step	€ 9,701,292 Cash 2024: € 9,701,292 ▲ 30% vs 2023 (€ 7,454,264) Favourable step	€ 11,058,201 Cash 2025: € 11,058,201 ▲ 14% vs 2024 (€ 9,701,292) Favourable step	▲ 14%
Land & buildings	€ 333,242 Land & buildings 2021: € 333,242 First fiscal year in the series	€ 731,647 Land & buildings 2023: € 731,647 ▲ 120% vs 2021 (€ 333,242) Unchanged	€ 761,573 Land & buildings 2024: € 761,573 ▲ 4% vs 2023 (€ 731,647) Unchanged	€ 682,842 Land & buildings 2025: € 682,842 ▼ 10% vs 2024 (€ 761,573) Unchanged	▼ 10%
Retained profit	€ 983,839 Retained profit 2021: € 983,839 First fiscal year in the series	€ 5,379,202 Retained profit 2023: € 5,379,202 ▲ € 4.4 million vs 2021 (€ 983,839) Favourable step	€ 5,654,454 Retained profit 2024: € 5,654,454 ▲ 5% vs 2023 (€ 5,379,202) Favourable step	€ 5,838,511 Retained profit 2025: € 5,838,511 ▲ 3% vs 2024 (€ 5,654,454) Favourable step	▲ 3%
Dividend	€ 3,963,750 Dividend 2021: € 3,963,750 First fiscal year in the series	€ 4,050,000 Dividend 2023: € 4,050,000 ▲ 2% vs 2021 (€ 3,963,750) Unchanged	€ 5,062,500 Dividend 2024: € 5,062,500 ▲ 25% vs 2023 (€ 4,050,000) Unchanged	€ 3,998,877 Dividend 2025: € 3,998,877 ▼ 21% vs 2024 (€ 5,062,500) Unchanged	▼ 21%
Balance sheet total	€ 19,767,287 Balance sheet total 2021: € 19,767,287 First fiscal year in the series	€ 26,010,481 Balance sheet total 2023: € 26,010,481 ▲ 32% vs 2021 (€ 19,767,287) Unchanged	€ 28,284,160 Balance sheet total 2024: € 28,284,160 ▲ 9% vs 2023 (€ 26,010,481) Unchanged	€ 32,584,270 Balance sheet total 2025: € 32,584,270 ▲ 15% vs 2024 (€ 28,284,160) Unchanged	▲ 15%
Employees (FTE)	79.1 Employees (FTE) 2021: 79.1 First fiscal year in the series	95.7 Employees (FTE) 2023: 95.7 ▲ 16.6 vs 2021 (79.1) Unchanged	98 Employees (FTE) 2024: 98 ▲ 2.3 vs 2023 (95.7) Unchanged	108.9 Employees (FTE) 2025: 108.9 ▲ 10.9 vs 2024 (98) Unchanged	▲ 10.9

Key figures of Artes TWT, fiscal years 2021 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 TWT?

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

2028 ELCONSTRUCT stepped down as director. NBB
2028 Robert HOORNAERT stepped down as director. NBB
2028 PACT 14 stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 4.2 million (▼ 22% vs 2024). Source: NBB ↗
2025 ELCONSTRUCT became a director. NBB
2025 Robert HOORNAERT became a director. NBB
2025 PACT 14 became a director. NBB
Mar 29, 2002 New establishment in Andenne. KBO

In short

From € 2.5 million profit in 2021 to € 4.2 million profit in 2025.

Paid € 6.7 million in corporate taxes since 2021.

Best year ever: 2023, with € 6.7 million profit.

Paid out € 17.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ARTES GROUP 100%

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

Artes TWT

The shares are held by ARTES GROUP (100%).

Directors

According to the 2025 annual accounts

ELCONSTRUCT

Managing director · represented by Johan VAN OVERWALLE

Also active at: Artes Depret, AELTERMAN, Artes Roegiers, Artes Woudenberg, Artes Uptech, AELTERMAN CONTRACTING & ENGINEERING, Artes Prefab, Artes Projects

since 2025 · until 2028

Robert HOORNAERT

Director

Also active at: AELTERMAN, Artes Roegiers, ARTES GROUP, BEDRIJVENCENTRUM REGIO BRUGGE, Artes Uptech, GROUP Depré, CAAAP, Oleander +12 more

since 2025 · until 2028

PACT 14

Director · represented by Renaud SUINEN

Also active at: Artes Depret, Artes Roegiers, Artes Woudenberg, Artes Uptech, Artes Prefab, Artes Projects, A10, ARTES ENERGIES +1 more

since 2025 · until 2028

Shareholders

ARTES GROUP

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Géron 41

5300 Andenne

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

SM Artes TWT SA & Artes Roegiers NV

Société Momentanée Artes TWT SA & Artes DEPRET NV et Entreprises Jacques Delens

Société Momentanée Artes TWT SA & Artes ROEGIERS NV & Artes DEPRET NV

SM Artes TWT & Artes Depret NV

SM AR & AT & CIT

+1 more

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

Website

HTTPS artestwt.be

Canonical: https://artesgroup.be

Technologies

Cloudflare CDNFlickityGoogle Tag ManagerimgixlazysizesreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages EN, FR, NL

Features

Newsletter Ads

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0449.710.707

VAT number

BE 0449.710.707

Registered office

Rue Géron 41, 5300 Andenne

Names & denominations

Artes TWT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 April 1993

Peppol

Active · Active since 8 Dec 2025

Contact

artestwt.be [email protected] 085/82.36.36

Activities · NACE

Algemene bouw van andere niet-residentiële gebouwen

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Bouw van andere civieltechnische werken, neg

Bouw van autowegen en andere wegen

Sanitaire werkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

Artes TWT

Financials

What happened to Artes TWT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions