Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
85 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ARTELCO from Kortrijk, company number BE0810655229, closed financial year 2025 with a result of € 2.7 million after tax. For that financial year ARTELCO recorded a gross margin of € 2.3 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 2.8 million to € 2.7 million. The company is profitable. 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 July 16, 2026.
€ 2.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.7 million
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.6 million paid out
96 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 789,038
▼ 5% vs 2024
Of which on lease € 789,038.
Debts at end 2025
€ 1.8 million
▼ 32% vs 2024
€ 952,544 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 112,096
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,451
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,918,126 | € 2,229,591 | € 2,127,236 | € 2,290,857 | ▲ 8% |
| Profit after taxes | € 2,791,204 | € 2,919,212 | € 2,800,677 | € 2,652,067 | ▼ 5% |
| Equity | € 2,622,867 | € 2,795,783 | € 2,811,789 | € 2,810,307 | |
| Total debts | € 4,841,222 | € 4,201,807 | € 3,884,718 | € 3,035,646 | ▼ 22% |
| Cash | € 2,112,369 | € 1,303,929 | € 1,650,520 | € 1,386,980 | ▼ 16% |
| Retained profit | € 683,094 | € 950,383 | € 1,060,764 | € 1,153,655 | ▲ 9% |
| Dividend | € 2,269,609 | € 2,651,923 | € 2,690,297 | € 2,559,176 | ▼ 5% |
| Bank debt | € 3,747,619 | € 2,789,048 | € 2,661,575 | € 1,816,809 | ▼ 32% |
| Balance sheet total | € 7,593,462 | € 6,997,590 | € 6,840,293 | € 5,983,445 | ▼ 13% |
Key figures of ARTELCO, 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 July 2027.
What happened to ARTELCO?
What happened at ARTELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.7 million (▼ 5% vs 2024). Source: NBB ↗
- V & V Invest NV became a director. NBB
- New establishment in Kortrijk. KBO
- Denneduin NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2.8 million profit in 2022 to € 2.7 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.9 million profit.
Paid out € 10.2 million in dividends to the owners in total.
A new publication or filing at ARTELCO? We notify you, reason included.
Follow ARTELCODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind ARTELCO are V & V Invest NV and Denneduin NV. The shares are held by Despiegelaere Projects, V & V Invest and Denneduin.
Directors
According to the 2025 annual accounts
Director · represented by Verhelst Johan
Also active at: Steenbakkerij De Keignaert, OPC EUROPE, Robur Capital, A.M. Group, ILEX, LaVie, Roof.Fin, ZANDVOORDE GREEN INVEST +1 more
since 2015
Director · represented by Dedeyne Siska
Also active at: HELIOS 1, Despiegelaere Promotions
since 2009
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 26 box .0002
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 85 companies are registered at this address.
All companies at this address →CAPRICE
€ 43,647 gross margin · 2023
VERSTRAETE
€ -27,246 gross margin · 2025
DENNEDUIN same network
€ 31,303 gross margin · 2025
ICT Talents
€ 3.9 million gross margin · 2025
Engi Talents
€ 40.5 million revenue · 2025
+80 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.655.229
- VAT number
- BE 0810.655.229
- Registered office
- Beneluxpark(Kor) 26 bus .0002, 8500 Kortrijk
- Names & denominations
- ARTELCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2009
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Productie van elektriciteit
Detailhandel in overige bouwmaterialen in gespecialiseerde winkels
Handel in elektriciteit