ARDEA
ActiveSummary
For the legal form of ARDEA, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €2.4m and a net result of €88,048. Equity is growing by ~4.2% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-54
Solvency100=
Growth78=
Track record100
Credit verdict
Credit up to €110,000 at 30 days acceptable
cash: 5.3% of total assets, and 9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-02-2026, 167 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
167 d early
2024
155 d early
2023
66 d early
2022
55 d early
2021
11 d early
2020
54 d early
2019
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 81 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€88,048▼ 89.0%
2024 · €802,485
Working capital
€1.6m▲ 2.7%
2021 · €1.6m
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
Line20212022202320242025
Operating result-€7,814▲ 83.7%€65,595€90,404▲ 37.8%€790,247▲ 774%€73,952▼ 90.6%
Net result€27,814▼ 36.1%€42,472▲ 52.7%€89,641▲ 111%€802,485▲ 795%€88,048▼ 89.0%
Equity€1.4m▲ 2.1%€1.4m▲ 3.1%€1.5m▲ 6.3%€2.3m▲ 52.9%€2.4m▲ 3.8%
Total assets€1.6m▲ 4.0%€1.6m▲ 3.1%€1.8m▲ 7.1%€2.6m▲ 45.7%€2.6m▲ 3.4%
Debt€206,000▲ 18.9%€212,250▲ 3.0%€239,045▲ 12.6%€239,045=€239,045=
Working capital€1.6m▲ 4.0%€1.6m▲ 2.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.6m
Equity
€2.4m ▲ 3.8%
Debt
€239,045 =
Debt's share of the balance-sheet total falls from 9.3% to 9.0%. Equity is higher.
Key figures and ratios
Debt to equity
0.10▼
2024 · 0.10
ROE
3.7%▼
2024 · 34.6%
ROA
3.3%▼
2024 · 31.4%
Debt > 1 year
€239,045=
2024 · €239,045
Income taxes
€5,503▲
2024 · €3,503
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €21,720 | €7,714 | €6,831 | €6,789 | €6,531 | ▼ 3.8% |
| Other operating charges640/8 | €113,733 | €132,915 | €130,556 | €101,836 | €52,587 | ▼ 48.4% |
| Gross operating margin9900 | €105,919 | €198,510 | €220,961 | €892,083 | €126,539 | ▼ 85.8% |
| Operating profit (loss)9901 | -€7,814 | €65,595 | €90,404 | €790,247 | €73,952 | ▼ 90.6% |
| Financial income75/76B | €36,328 | €93 | €10 | €16,560 | €20,872 | ▲ 26.0% |
| Recurring financial income75 | €36,328 | €93 | €10 | €16,063 | €20,872 | ▲ 29.9% |
| Non-recurring financial income76B | - | - | - | €497 | - | - |
| Financial charges65/66B | €700 | €23,216 | €773 | €820 | €1,273 | ▲ 55.3% |
| Recurring financial charges65 | €700 | €23,216 | €773 | €820 | €1,273 | ▲ 55.3% |
| Profit (loss) for the period before taxes9903 | €27,814 | €42,472 | €89,641 | €805,988 | €93,551 | ▼ 88.4% |
| Income taxes67/77 | - | - | - | €3,503 | €5,503 | ▲ 57.1% |
| Profit (loss) for the period9904 | €27,814 | €42,472 | €89,641 | €802,485 | €88,048 | ▼ 89.0% |
| Profit (loss) for the period to be appropriated9905 | €27,814 | €42,472 | €89,641 | €802,485 | €88,048 | ▼ 89.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €1.8m | €2.6m | €2.6m | ▲ 3.4% |
| Current assets29/58 | €1.6m | €1.6m | €1.8m | €2.6m | €2.6m | ▲ 3.4% |
| Amounts receivable after more than one year29 | €500,000 | €465,000 | €186,000 | €186,000 | €139,500 | ▼ 25.0% |
| Other amounts receivable291 | €500,000 | €465,000 | €186,000 | €186,000 | €139,500 | ▼ 25.0% |
| Amounts receivable within one year40/41 | €413 | €0 | - | - | €2,244 | - |
| Other amounts receivable41 | €413 | €0 | - | - | €2,244 | - |
| Current investments50/53 | €387,109 | €725,246 | €747,205 | €2.3m | €2.4m | ▲ 3.4% |
| Cash at bank and in hand54/58 | €702,444 | €445,443 | €821,920 | €88,373 | €140,394 | ▲ 58.9% |
| Deferred charges and accrued income490/1 | - | €3,000 | - | €2,640 | €5,172 | ▲ 95.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.8m | €2.6m | €2.6m | ▲ 3.4% |
| Equity10/15 | €1.4m | €1.4m | €1.5m | €2.3m | €2.4m | ▲ 3.8% |
| Contributions10/11 | - | €5,993 | €5,993 | €5,993 | €5,993 | = |
| Capital10 | - | €5,993 | €5,993 | €5,993 | €5,993 | = |
| Reserves13 | €1.2m | €1.4m | €1.5m | €2.3m | €2.1m | ▼ 5.4% |
| Profit (loss) carried forward14 | €153,283 | €53,484 | €45,847 | €62,250 | €270,779 | ▲ 335% |
| Amounts payable17/49 | €206,000 | €212,250 | €239,045 | €239,045 | €239,045 | = |
| Amounts payable after more than one year17 | €186,000 | €186,000 | €239,045 | €239,045 | €239,045 | = |
| Financial debts170/4 | €186,000 | €186,000 | €239,045 | €239,045 | €239,045 | = |
| Amounts payable within one year42/48 | €20,000 | €26,250 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €1,250 | - | - | - | - |
| Remuneration and social security454/9 | - | €1,250 | - | - | - | - |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,814 | €42,472 | €89,641 | €802,485 | €88,048 | ▼ 89.0% |
| Operating cash flow (approximation) | €27,814 | €42,472 | €89,641 | €802,485 | €88,048 | ▼ 89.0% |
| Change in cash | - | -€257,001 | €376,477 | -€733,547 | €52,022 | ▲ 107% |
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
Next filing, fiscal year 2026, expected by
2026
14-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €802,485 ▲795%
Operating result €790,247, net result €802,485, both a record.
31-12
Financial
Equity above €2mEq €2.3m ▲52.9%
5 profitable years in a row build equity to €2.3m.
26-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €43,560
Net result €43,560 after 2 loss-making years.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet -€25,030
Net result drops to -€25,030, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
11 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, Brussel
Ground area
184 m²
Building footprint
203 m²
Volume, LiDAR
3,044 m³
Parcel 21803C0379/00T000, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0379/00T000 | Brussels | 184 m² | 1 · 203 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPublic-utility foundation
Founded10-03-2014
Fiscal year end31-12
Contact
Website
www.ardeafoundation.org/
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.