ART-EL is an electrical contractor in Bonheiden. Private Limited, started on 16 June 2017, 1 establishment.

What is the address of ART-EL?

The registered office of ART-EL is located at Hoogstraat 23, 2820 Bonheiden.

Is ART-EL still active?

Yes. According to the CBE (18 September 2026) ART-EL is active, legal situation “Normale toestand”, started on 16 June 2017.

Is ART-EL registered on Peppol?

Yes, ART-EL is registered on the Peppol network with ID 0208:0676905986.

What is the enterprise number of ART-EL?

The enterprise number of ART-EL is BE0676905986.

When was ART-EL founded?

ART-EL was founded on 16 June 2017.

Who are the directors of ART-EL?

According to the 2025 annual accounts, the directors of ART-EL are: Artak Barseghyan.

Is ART-EL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 June 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ART-EL make in 2025?

ART-EL posted a profit after taxes of € 36,976 in financial year 2025.

What is the revenue of ART-EL?

As a small company, ART-EL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 155,398.

ART-EL (Private Limited) - Bonheiden - BE0676905986

Dossier ART-EL, printed on 18 September 2026 from databakkes.be/en/0676905986/art-el. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ART-EL from Bonheiden, company number BE0676905986, closed financial year 2025 with a result of € 36,976 after tax. For that financial year ART-EL recorded a gross margin of € 155,398 and equity of € 310,984. Compared with financial year 2024, the result moved from € 39,908 to € 36,976. 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 August 31, 2026.

What it is worth Growing

€ 310,984

▲ 13% vs 2024

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

Profit Healthy

€ 36,976

▼ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 39,474

▼ 39% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 304,784.

Debts at end 2025

Bank debt ≈ 14 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.

€ 727,299

▼ 6% vs 2024

€ 52,021 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 33,332

▼ 49% vs 2024

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

Taxes and wages

€ 15,155

▼ 8% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 75,676 Gross margin 2022: € 75,676 First fiscal year in the series	€ 211,342 Gross margin 2023: € 211,342 ▲ 179% vs 2022 (€ 75,676) Favourable step	€ 155,388 Gross margin 2024: € 155,388 ▼ 26% vs 2023 (€ 211,342) Unfavourable step	€ 155,398 Gross margin 2025: € 155,398 Unchanged (€ 155,388) Favourable step
Profit after taxes	€ 43,139 Profit after taxes 2022: € 43,139 First fiscal year in the series	€ 53,515 Profit after taxes 2023: € 53,515 ▲ 24% vs 2022 (€ 43,139) Favourable step	€ 39,908 Profit after taxes 2024: € 39,908 ▼ 25% vs 2023 (€ 53,515) Unfavourable step	€ 36,976 Profit after taxes 2025: € 36,976 ▼ 7% vs 2024 (€ 39,908) Unfavourable step	▼ 7%
Equity	€ 180,585 Equity 2022: € 180,585 First fiscal year in the series	€ 234,100 Equity 2023: € 234,100 ▲ 30% vs 2022 (€ 180,585) Favourable step	€ 274,008 Equity 2024: € 274,008 ▲ 17% vs 2023 (€ 234,100) Favourable step	€ 310,984 Equity 2025: € 310,984 ▲ 13% vs 2024 (€ 274,008) Favourable step	▲ 13%
Total debts	€ 72,821 Total debts 2022: € 72,821 First fiscal year in the series	€ 1,607,092 Total debts 2023: € 1,607,092 ▲ € 1.5 million vs 2022 (€ 72,821) Unfavourable step	€ 924,762 Total debts 2024: € 924,762 ▼ 42% vs 2023 (€ 1,607,092) Favourable step	€ 811,336 Total debts 2025: € 811,336 ▼ 12% vs 2024 (€ 924,762) Favourable step	▼ 12%
Cash	€ 3,490 Cash 2022: € 3,490 First fiscal year in the series	€ 15,746 Cash 2023: € 15,746 ▲ € 12,256 vs 2022 (€ 3,490) Favourable step	€ 64,602 Cash 2024: € 64,602 ▲ € 48,856 vs 2023 (€ 15,746) Favourable step	€ 39,474 Cash 2025: € 39,474 ▼ 39% vs 2024 (€ 64,602) Unfavourable step	▼ 39%
Land & buildings	€ 38,985 Land & buildings 2022: € 38,985 First fiscal year in the series	€ 1,028,133 Land & buildings 2023: € 1,028,133 ▲ € 989,148 vs 2022 (€ 38,985) Unchanged	€ 969,793 Land & buildings 2024: € 969,793 ▼ 6% vs 2023 (€ 1,028,133) Unchanged	€ 911,453 Land & buildings 2025: € 911,453 ▼ 6% vs 2024 (€ 969,793) Unchanged	▼ 6%
Retained profit	€ 174,385 Retained profit 2022: € 174,385 First fiscal year in the series	€ 227,900 Retained profit 2023: € 227,900 ▲ 31% vs 2022 (€ 174,385) Favourable step	€ 267,808 Retained profit 2024: € 267,808 ▲ 18% vs 2023 (€ 227,900) Favourable step	€ 304,784 Retained profit 2025: € 304,784 ▲ 14% vs 2024 (€ 267,808) Favourable step	▲ 14%
Bank debt	€ 40,374 Bank debt 2022: € 40,374 First fiscal year in the series	€ 1,181,601 Bank debt 2023: € 1,181,601 ▲ € 1.1 million vs 2022 (€ 40,374) Unfavourable step	€ 777,040 Bank debt 2024: € 777,040 ▼ 34% vs 2023 (€ 1,181,601) Favourable step	€ 727,299 Bank debt 2025: € 727,299 ▼ 6% vs 2024 (€ 777,040) Favourable step	▼ 6%
Balance sheet total	€ 253,406 Balance sheet total 2022: € 253,406 First fiscal year in the series	€ 1,841,192 Balance sheet total 2023: € 1,841,192 ▲ € 1.6 million vs 2022 (€ 253,406) Unchanged	€ 1,198,770 Balance sheet total 2024: € 1,198,770 ▼ 35% vs 2023 (€ 1,841,192) Unchanged	€ 1,122,320 Balance sheet total 2025: € 1,122,320 ▼ 6% vs 2024 (€ 1,198,770) Unchanged	▼ 6%

Key figures of ART-EL, 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 ART-EL?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 36,976 (▼ 7% vs 2024). filed late Source: NBB ↗
Jun 16, 2017 New establishment in Bonheiden. KBO
Jun 16, 2017 Start of the company according to the CBE. KBO
2017 Artak Barseghyan became a director. NBB

In short

From € 43,139 profit in 2022 to € 36,976 profit in 2025.

Paid € 68,461 in corporate taxes since 2022.

Best year ever: 2023, with € 53,515 profit.

Original PDFs at the National Bank ↗

A new publication or filing at ART-EL? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Artak Barseghyan 97.3%

Marine Hakobyan 2.7%

ART-EL

Behind ART-EL is Artak Barseghyan. The shares are held by Artak Barseghyan (97.3%) and Marine Hakobyan (2.7%).

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Directors

According to the 2025 annual accounts

Artak Barseghyan

Director

Owns 97.3% directly

since 2017

Shareholders

Artak Barseghyan · director

97.3%

Marine Hakobyan

2.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Hoogstraat 23

2820 Bonheiden

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

Details

Company number

0676.905.986

VAT number

BE 0676.905.986

Registered office

Hoogstraat 23, 2820 Bonheiden

Names & denominations

ART-EL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 June 2017

Peppol

Active · Active since 28 Aug 2025

Activities · NACE

Algemene elektrotechnische installatiewerken

Algemene bouw van andere niet-residentiële gebouwen

Algemene bouw van residentiële gebouwen

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Overige gespecialiseerde bouwactiviteiten, neg

Handel in eigen onroerend goed

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

ART-EL

Financials

What happened to ART-EL?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

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