Financials
Financial year 2025
ARTNATION from Oostende, company number BE0809986127, closed financial year 2025 with a result of € 157,856 after tax. For that financial year ARTNATION recorded a gross margin of € 309,125 and equity of € 427,355. Compared with financial year 2024, the result moved from € 70,725 to € 157,856. Profitable, and profit is growing. 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 April 29, 2026.
€ 427,355
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 157,856
▲ 123% vs 2024
Profit after tax over the fiscal year.
€ 731,446
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 246,208 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.5
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 56,675
▲ 274% vs 2024
€ 37,800 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.
€ 102,202
▲ 114% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,001
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 588,021
▲ 196% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,947
▲ € 14,021 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 221,627 | € 223,458 | € 171,541 | € 309,125 | ▲ 80% |
| Profit after taxes | € 108,764 | € 94,577 | € 70,725 | € 157,856 | ▲ 123% |
| Equity | € 466,501 | € 561,077 | € 631,803 | € 427,355 | ▼ 32% |
| Total debts | € 269,066 | € 347,542 | € 257,487 | € 642,486 | ▲ 150% |
| Cash | € 455,252 | € 631,638 | € 629,170 | € 731,446 | ▲ 16% |
| Land & buildings | € 53,713 | € 32,260 | € 4,741 | € 3,352 | ▼ 29% |
| Retained profit | € 331,804 | € 426,381 | € 497,106 | € 408,755 | ▼ 18% |
| Dividend | € 0 | € 0 | € 0 | € 246,208 | |
| Bank debt | € 82,616 | € 61,667 | € 40,001 | € 20,001 | ▼ 50% |
| Balance sheet total | € 735,567 | € 908,620 | € 889,290 | € 1,069,841 | ▲ 20% |
| Employees (FTE) | 0.8 | 1.5 | 0.5 | 1.5 | ▲ 1 |
Key figures of ARTNATION, 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 April 2027.
What happened to ARTNATION?
What happened at ARTNATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 157,856 (▲ 123% vs 2024). Source: NBB ↗
- New establishment in Jabbeke. KBO
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
- Els Dekoninck became a director. NBB
- Hugo Van Oost became a director. NBB
In short
From € 108,764 profit in 2022 to € 157,856 profit in 2025.
Paid € 166,133 in corporate taxes since 2022.
Best year ever: 2025, with € 157,856 profit.
On average € 206,100 of value added per employee in 2025.
Management
Behind ARTNATION are Els Dekoninck and Hugo Van Oost. Els Dekoninck is also behind TECHNIC +. Hugo Van Oost is also behind PANDA SOUND & LIGHT.
Directors
According to the 2025 annual accounts
since 2009
since 2009
Establishments
Establishment units
Physical locations of this company
Kursaal-Oosthelling 6 box 6
8400 Oostende
Kursaal-Oosthelling 6 box 601
8400 Oostende
Active since 23 February 2009
Kerkeweg 16
8490 Jabbeke
Active since 1 January 2017
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
- 0809.986.127
- VAT number
- BE 0809.986.127
- Registered office
- Kursaal-Oosthelling 6 bus 6, 8400 Oostende
- Names & denominations
- ARTNATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2009
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Ontwerp en bouw van podia en decors
Organisatie van congressen en beurzen
Ontwerp en bouw van podia
Creatie van beeldende kunsten
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Exploitatie van schouwburgen, concertzalen en dergelijke
Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
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