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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Arthman from Oostkamp, company number BE0650983331, closed financial year 2025 with a result of € 303,960 after tax. For that financial year Arthman recorded a gross margin of € 160,709 and equity of € 490,969. Compared with financial year 2024, the result moved from € 118,629 to € 303,960. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 4, 2026.
€ 490,969
▲ 163% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 303,960
▲ 156% vs 2024
Profit after tax over the fiscal year.
€ 6,729
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 420,969.
Debts at end 2025
€ 476,105
▼ 18% vs 2024
€ 106,013 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,089
▲ 282% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,641
▲ € 39,847 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,191 | € 50,167 | € 195,278 | € 160,709 | ▼ 18% |
| Profit after taxes | € -3,104 | € 28,385 | € 118,629 | € 303,960 | ▲ 156% |
| Equity | € 39,995 | € 68,380 | € 187,009 | € 490,969 | ▲ 163% |
| Total debts | € 24,448 | € 1,053,934 | € 939,046 | € 653,612 | ▼ 30% |
| Cash | € 35,904 | - | - | € 6,729 | |
| Retained profit | € -30,005 | € -1,620 | € 117,009 | € 420,969 | ▲ 260% |
| Bank debt | € 0 | € 677,783 | € 578,630 | € 476,105 | ▼ 18% |
| Balance sheet total | € 64,443 | € 1,122,313 | € 1,126,054 | € 1,144,581 | ▲ 2% |
Key figures of Arthman, 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 Arthman?
What happened at Arthman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 303,960 (▲ 156% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,104 loss in 2022 to € 303,960 profit in 2025.
Paid € 78,648 in corporate taxes since 2022.
Best year ever: 2025, with € 303,960 profit.
Management
Behind Arthman are Yves Picard and Marie-Caroline Bovie. It owns 100% of Noordzand Markt itself.
Directors
According to the 2025 annual accounts
Yves Picard
Director
Establishments
Establishment units
Physical locations of this company
Sint-Godelievestraat 38
8020 Oostkamp
André Van Wassenhovestraat 8
8310 Brugge
Active since 1 July 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.983.331
- VAT number
- BE 0650.983.331
- Registered office
- Sint-Godelievestraat 38, 8020 Oostkamp
- Names & denominations
- Arthman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2016
- Peppol
- Active · Active since 7 May 2026
- Activities · NACE
Overige zakelijke dienstverlening, neg
Reparatie en onderhoud van consumentenartikelen, neg
Wassen en poetsen van motorvoertuigen