ARDDING
ActiveSummary
ARDDING has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21,363 and a net result of -€8,221. Its solvency ranks better than 34% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▼-93
Solvency63▼-15
Growth32
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.57 in 2023; short-term debt: 62.2% and cash: 60.8% of total assets), and 62.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.8%
Return on assets
-14.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€21,363▼ 29.7%
2023 · €30,384
Total assets
€56,545▼ 0.9%
2023 · €57,067
Net result
-€8,221
2023 · €27,884
Working capital
€9,896▼ 35.4%
2023 · €15,330
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€38,722--€5,907
Net result€27,884--€8,221
Equity€30,384-€21,363▼ 29.7%
Total assets€57,067-€56,545▼ 0.9%
Debt€26,683-€35,182▲ 31.9%
Working capital€15,330-€9,896▼ 35.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5,907 after €38,722 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56,545
Fixed assets
€11,467 ▼ 23.8%
Current assets
€45,078 ▲ 7.3%
Equity and liabilities €56,545
Equity
€21,363 ▼ 29.7%
Debt
€35,182 ▲ 31.9%
Debt's share of the balance-sheet total rises from 46.8% to 62.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1,349▼
2023 · €47,753
Cash flow
-€964▼
2023 · €36,915
Current ratio
1.28▼
2023 · 1.57
Debt to equity
1.65▲
2023 · 0.88
ROE
-38.5%▼
2023 · 91.8%
ROA
-14.5%▼
2023 · 48.9%
Interest coverage
0.81▼
2023 · 25.05
Debt ≤ 1 year
€35,182▲
2023 · €26,683
Income taxes
€645▼
2023 · €8,969
Staff costs
€17,801▼
2023 · €20,377
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,225 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.9%
went bankrupt
8.6%
stopped otherwise
87%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €20,377 | €17,801 | ▼ 12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,031 | €7,257 | ▼ 19.6% |
| Other operating charges640/8 | €732 | €576 | ▼ 21.3% |
| Gross operating margin9900 | €68,862 | €19,726 | ▼ 71.4% |
| Operating profit (loss)9901 | €38,722 | -€5,907 | ▼ 115% |
| Financial income75/76B | €37 | €0 | ▼ 100% |
| Recurring financial income75 | €37 | €0 | ▼ 100% |
| Financial charges65/66B | €1,906 | €1,669 | ▼ 12.4% |
| Recurring financial charges65 | €1,906 | €1,669 | ▼ 12.4% |
| Profit (loss) for the period before taxes9903 | €36,853 | -€7,576 | ▼ 121% |
| Income taxes67/77 | €8,969 | €645 | ▼ 92.8% |
| Profit (loss) for the period9904 | €27,884 | -€8,221 | ▼ 129% |
| Profit (loss) for the period to be appropriated9905 | €27,884 | -€8,221 | ▼ 129% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €57,067 | €56,545 | ▼ 0.9% |
| Fixed assets21/28 | €15,054 | €11,467 | ▼ 23.8% |
| Tangible fixed assets22/27 | €15,054 | €11,467 | ▼ 23.8% |
| Plant, machinery and equipment23 | €1,127 | €409 | ▼ 63.7% |
| Furniture and vehicles24 | €5,203 | €5,729 | ▲ 10.1% |
| Other tangible fixed assets26 | €8,724 | €5,329 | ▼ 38.9% |
| Current assets29/58 | €42,013 | €45,078 | ▲ 7.3% |
| Amounts receivable within one year40/41 | €17,244 | €6,857 | ▼ 60.2% |
| Trade receivables40 | €16,850 | €0 | ▼ 100% |
| Other amounts receivable41 | €394 | €6,857 | ▲ 1,641% |
| Cash at bank and in hand54/58 | €20,230 | €34,391 | ▲ 70.0% |
| Deferred charges and accrued income490/1 | €4,540 | €3,830 | ▼ 15.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €57,067 | €56,545 | ▼ 0.9% |
| Equity10/15 | €30,384 | €21,363 | ▼ 29.7% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €27,884 | €18,863 | ▼ 32.4% |
| Amounts payable17/49 | €26,683 | €35,182 | ▲ 31.9% |
| Amounts payable within one year42/48 | €26,683 | €35,182 | ▲ 31.9% |
| Financial debts43 | €172 | €146 | ▼ 15.4% |
| Credit institutions430/8 | €172 | €146 | ▼ 15.4% |
| Trade debts44 | €2,600 | €3,135 | ▲ 20.6% |
| Suppliers440/4 | €2,600 | €3,135 | ▲ 20.6% |
| Taxes, remuneration and social security45 | €9,388 | €11,254 | ▲ 19.9% |
| Taxes450/3 | €2,576 | €4,423 | ▲ 71.7% |
| Remuneration and social security454/9 | €6,812 | €6,831 | ▲ 0.3% |
| Other amounts payable47/48 | €14,523 | €20,647 | ▲ 42.2% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €27,884 | -€8,221 | ▼ 129% |
| + Depreciation and write-downs630 | €9,031 | €7,257 | ▼ 19.6% |
| Operating cash flow (approximation) | €36,915 | -€964 | ▼ 103% |
| Investment in fixed assets (approximation) | - | -€3,670 | - |
| Change in cash | - | €14,161 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blankenberge · 2 establishment units since 2022
Ground area
1,059 m²
Building footprint
405 m²
Volume, LiDAR
2,288 m³
2 parcels, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ARDDING
since 20222.333.991.927
ARDDING
since 20242.352.247.228
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004B0006/00M011 | Flanders | 832 m² | 1 · 310 m² | 8.2 m · 1 fl. |
| 31602B0005/00L008 | Flanders | 227 m² | 1 · 95 m² | 14.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 13,762 EUR awarded · 13,762 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,547 EUR | 3,547 EUR |
| 2024 | 1 | 5,343 EUR | 5,343 EUR |
| 2023 | 1 | 4,872 EUR | 4,872 EUR |
Similar companies · same sector, comparable size
Tahora
BE 0735.658.985
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INTERIOR CONCEPTS STEVEN ENGELEN
BE 0600.781.970
Geel · Eq €21,396
B12 DESIGN
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Evergem · Eq €21,428
DRESSOU
BE 0442.312.971
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YONI STUDIO
BE 0685.529.781
Brussel · Eq €21,502
Of 3,924 companies in sector 71112 we hold annual accounts for 1,294. 966 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71112Activities of interior architects
74112Other professional, scientific and technical activities
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
74140Other specialised design activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0788683739
Also
9925:BE0788683739
Registered
30-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.