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 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARTHUS from Elsene, company number BE0460076938, closed financial year 2025 with a result of € 4 million after tax. For that financial year ARTHUS recorded a gross margin of € -786,180 and equity of € 8.3 million. Compared with financial year 2024, the result moved from € 2.9 million to € 4 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 8.3 million
▲ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4 million
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 573,231
▲ 275% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 8.2 million.
People and assets in 2025
6.2
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 382,590
▲ 12% vs 2024
€ 61,700 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.
€ 15,806
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,258
▲ 10% vs 2024
Loans from banks and other lenders, long and short.
€ 81,072
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,612
▲ 10% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -499,200 | € -645,259 | € -429,186 | € -786,180 | ▼ € 356,993 |
| Profit after taxes | € 1,482,094 | € 2,424,169 | € 2,891,230 | € 3,969,238 | ▲ 37% |
| Equity | € -1,007,957 | € 1,416,212 | € 4,307,442 | € 8,276,680 | ▲ 92% |
| Total debts | € 338,959,535 | € 336,587,825 | € 333,917,835 | € 330,027,699 | ▼ 1% |
| Cash | € 95,847 | € 53,482 | € 152,804 | € 573,231 | ▲ 275% |
| Land & buildings | € 70,547 | € 64,520 | € 58,492 | € 52,464 | ▼ 10% |
| Retained profit | € -1,069,457 | € 1,354,712 | € 4,245,942 | € 8,215,180 | ▲ 93% |
| Bank debt | € 0 | € 2,999 | € 2,045 | € 2,258 | ▲ 10% |
| Balance sheet total | € 337,951,578 | € 338,004,037 | € 338,225,277 | € 338,304,380 | |
| Employees (FTE) | 4.1 | 5.2 | 5.8 | 6.2 | ▲ 0.4 |
Key figures of ARTHUS, 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 ARTHUS?
What happened at ARTHUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rodolphe Burgraaf de Spoelberch stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4 million (▲ 37% vs 2024). filed late Source: NBB ↗
- Rodolphe Burgraaf de Spoelberch became a director. NBB
- New establishment in Elsene. KBO
- New establishment in Elsene. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2022 to € 4 million profit in 2025.
Paid € 898 in corporate taxes since 2022.
Best year ever: 2025, with € 4 million profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Rodolphe Burgraaf de Spoelberch
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Simonisstraat 33
1050 Elsene
Kasteleinsplein 18
1050 Elsene
Active since 1 December 2015
Kasteleinsplein 37
1050 Elsene
Active since 1 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.076.938
- VAT number
- BE 0460.076.938
- Registered office
- Simonisstraat 33, 1050 Elsene
- Names & denominations
- ARTHUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1997
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Detailhandel in antiquiteiten