ARDANCY (0753.658.920): financials and annual accounts

ARDANCY

Brussels ·KBO/BCE: BE 0753.658.920

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	7.7m	7.0m	7.0m	7.3m	7.5m
Fixed assets`21/28`	7.3m	6.8m	6.3m	6.5m	6.7m
Tangible fixed assets`22/27`	7.3m	6.8m	6.3m	6.5m	6.7m
Land and buildings`22`	5.8m	6.0m	6.2m	6.4m	6.6m
Plant, machinery and equipment`23`	231,652	103,586	110,821	73,741	20,386
Assets under construction and advance payments`27`	1.3m	674,836	-	-	-
Current assets`29/58`	346,332	240,763	745,707	854,308	797,372
Stocks and contracts in progress`3`	0	0	0	-	-
Amounts receivable within one year`40/41`	74,038	46,077	41,799	19,842	22,332
Trade receivables`40`	74,038	46,077	41,799	19,842	22,332
Cash at bank and in hand`54/58`	203,728	172,656	697,981	760,784	694,874
Deferred charges and accrued income`490/1`	68,565	22,031	5,927	73,683	80,165
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	7.7m	7.0m	7.0m	7.3m	7.5m
Equity`10/15`	-556,113	-391,484	-149,721	5,458	119,625
Contributions`10/11`	468,000	468,000	468,000	468,000	468,000
Profit (loss) carried forward`14`	-1.0m	-859,484	-617,721	-462,542	-348,375
Amounts payable`17/49`	8.2m	7.4m	7.2m	7.3m	7.3m
Amounts payable after more than one year`17`	7.6m	6.0m	6.8m	6.9m	7.0m
Financial debts`170/4`	6.6m	4.9m	5.7m	5.9m	6.0m
Subordinated loans`170`	2.0m	1.7m	1.6m	1.5m	1.4m
Unsubordinated bonds`171`	-	0	1.0m	1.0m	1.0m
Credit institutions`173`	4.6m	3.2m	3.2m	3.4m	3.7m
Other amounts payable`178/9`	1.1m	1.1m	1.1m	1.0m	1.0m
Amounts payable within one year`42/48`	590,929	1.4m	361,009	408,972	294,256
Current portion of amounts payable after more than one year`42`	360,716	1.3m	249,419	243,960	238,415
Trade debts`44`	180,404	78,353	86,738	93,917	42,487
Suppliers`440/4`	180,404	78,353	86,738	93,917	42,487
Taxes, remuneration and social security`45`	49,719	34,711	24,530	5,458	13,354
Taxes`450/3`	49,719	34,711	24,530	5,458	13,354
Other amounts payable`47/48`	91	137	323	65,638	-
Accrued charges and deferred income`492/3`	11,288	23,080	16,876	18,114	17,901
Income statement
Operating income`70/76A`	827,565	696,097	765,204	792,372	734,895
Turnover`70`	825,192	695,478	765,204	792,372	734,895
Other operating income`74`	2,373	619	-	-	-
Operating charges`60/66A`	618,231	621,663	612,048	597,440	674,938
Services and other goods`61`	253,414	282,250	239,643	240,557	338,243
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	282,724	252,984	247,388	232,876	240,265
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	0	6,536	47,336	52,963	9,243
Other operating charges`640/8`	82,093	79,893	77,680	71,045	87,187
Operating profit (loss)`9901`	209,334	74,433	153,156	194,932	59,958
Financial income`75/76B`	0	0	606	1	201
Recurring financial income`75`	0	0	606	1	201
Income from current assets`751`	-	0	606	-	-
Other financial income`752/9`	0	0	0	1	201
Financial charges`65/66B`	373,964	316,196	308,941	309,100	408,534
Recurring financial charges`65`	373,964	316,196	308,941	309,100	408,534
Debt charges`650`	373,610	315,862	308,692	308,853	352,417
Other financial charges`652/9`	354	334	250	247	56,117
Profit (loss) for the period before taxes`9903`	-164,629	-241,763	-155,179	-114,167	-348,375
Profit (loss) for the period`9904`	-164,629	-241,763	-155,179	-114,167	-348,375
Profit (loss) for the period to be appropriated`9905`	-164,629	-241,763	-155,179	-114,167	-348,375
Appropriation of the result
Profit (loss) to be appropriated`9906`	-1.0m	-859,484	-617,721	-462,542	-348,375
Profit (loss) brought forward from the previous period`14P`	-859,484	-617,721	-462,542	-348,375	-
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	22-07-2026	2026-00324381	PDF
31-12-2024	unclassified schema	28-08-2025	2025-00423950	PDF
31-12-2023	unclassified schema	22-08-2024	2024-00360990	PDF
31-12-2022	unclassified schema	31-08-2023	2023-00412008	PDF
31-12-2021	unclassified schema	11-08-2022	2022-20283321	PDF

Line	2025	2024	2023	2022	2021
EBITDA	492,058	327,417	400,544	427,808	300,222
Cash flow	118,095	11,221	92,209	118,709	-108,111
Investment in fixed assets	1.0m	700,711	64,595	66,356	6.9m
Change in cash	31,072	-525,325	-62,803	65,910	-
Working capital	-244,597	-1.1m	384,698	445,336	503,115
EBIT margin	25.4%	10.7%	20.0%	24.6%	8.2%
Solvency	-7.3%	-5.6%	-2.1%	0.1%	1.6%
Current ratio	0.59	0.18	2.07	2.09	2.71
Debt to equity	-	-	-	-	61.28
ROE	-	-	-	-	-291.2%
ROA	-2.1%	-3.5%	-2.2%	-1.6%	-4.7%
Interest coverage	1.32	1.04	1.30	1.39	0.85
Customer credit	33 days	24 days	20 days	9 days	11 days
Supplier credit	260 days	101 days	132 days	143 days	46 days

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€4.9m	€3.5m	€3.4m	€3.7m	€3.9m
Mortgages, amount registered	€1.0m	€1.0m	€1.0m	€1.0m	€1.0m
Mortgage mandates	€4.0m	€3.3m	€3.1m	€3.1m	€3.1m
Carrying value of the mortgaged assets	€5.8m	€6.0m	€6.2m	€6.5m	€6.7m

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€1.0m	€700,711	€64,595	€66,356	€6.9m
Depreciation and write-downs of the year	€282,724	€252,984	€247,388	€232,876	€240,265

ARDANCY

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin €m

Position in the sector

Solvency-7.3%

Current ratio0.59

Return on assets-2.1%

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2025

Overdue debts

Securities and guarantees

Investments

Auditor

Insights on ARDANCY

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