ARDANCY
The computed 12-month bankruptcy probability of ARDANCY is 1.7% (moderate). The 2024 annual accounts show negative equity (€-391k) and a net result of €-242k. Equity is shrinking by ~120.9% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-391k |
| Net result | €-242k |
| Active | 5 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | €695k |
| EBITDA | €327k |
| Net profit | €-242k |
| Cash flow | €11k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €6.99M |
| Equity | €-391k |
| Debt | €7.38M |
| of which ≤ 1y | €1.37M |
| of which > 1y | €5.99M |
| Working capital | €-1.13M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.18 |
| Quick ratio | 0.18 |
| Working capital ratio | -16.1% |
| Solvency | -5.6% |
| Debt / equity | -18.86 |
| Long-term debt ratio | -15.31 |
| Interest coverage | 1.04 |
| Gross margin | - |
| Net margin | -34.8% |
| ROA | -3.5% |
| ROE | 61.8% |
| EBITDA margin | 47.1% |
| Days sales outstanding | 24d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.99M |
| Fixed assets | 21/28 | €6.75M |
| Tangible fixed assets | 22/27 | €6.75M |
| Current assets | 29/58 | €241k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €46k |
| Cash & bank | 54/58 | €173k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.99M |
| Equity | 10/15 | €-391k |
| Contributions / capital | 10/11 | €468k |
| Accumulated profits (losses) | 14 | €-859k |
| Amounts payable | 17/49 | €7.38M |
| Amounts payable after one year | 17 | €5.99M |
| Amounts payable within one year | 42/48 | €1.37M |
| Trade debts payable within one year | 44 | €78k |
| Income statement | ||
| Turnover | 70 | €695k |
| Operating result | 9901 | €74k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €316k |
| Result before taxes | 9903 | €-242k |
| Net result for the period | 9904 | €-242k |
| Result to be appropriated | 9905 | €-242k |
| NACE primary | Real estate rental(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 03-09-2020 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0213/00V002 | Brussels | 2,100 m² | 1 · 330 m² | 42.2 m · 12 fl. |
| 21807G0180/00P004 | Brussels | 420 m² | 1 · 419 m² | 26.2 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-02-2025 Ernst & Young Réviseurs d'entreprise SRL appointed as statutory auditor
- Ernst & Young Réviseurs d'entreprise SRL, Commissaris
Technical details
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"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ARDANCY |