Losses
-€37,401 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
ARDEA ALBA TERRA
Lifetime
2 annual accounts with figures on one time axisGross marginpeak €12,455 (2024)
-€1,640▼ €14,094
Resultlowest -€31,577 (2024)
-€5,824▲ €25,752
Equitypeak €29,924 (2024)
€24,099▼ 19.5%
Debts
€1.4m▲ 4.8%
Staffpeak 0 FTE (2025)
0 FTE
Board3 names since 2023
2 directorsARDEA NV and 1 other
Owners2 names in the annual accounts
100%ARDEA ALBA and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025financial year
Gross margin from €12,455 to -€1,640Loss of €5,824Equity from €29,924 to €24,099Cash from €8,505 to €13,546
Key points
from the 2025 annual accountsDebts
€1.4m 98% of the balance sheet
Financial debts 68%Suppliers 1%Other 32%
€960,000 of the debts are secured on the company's own assets. In 2024 that was €960,000.
At the same address
73 companies
2025 accounts filed 27 days after the deadline
Checked score
82
Excellent
Financially stronger than 17% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 2.2%
02-2025: 2.2%● unchanged vs 01-2025
03-2025: 2.3%▲ +0.1 percentage points vs 02-2025
04-2025: 2.7%▲ +0.4 percentage points vs 03-2025
05-2025: 2.8%▲ +0.1 percentage points vs 04-2025
06-2025: 3.1%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 3.1%● unchanged vs 06-2025highest value
08-2025: 0.3%▼ -2.8 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%▼ -0.3 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2023
Liquidity: current ratio 1.02, cash €13,546
lowers risk
Size: total assets €1.4m
No main activity registered
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 17% of them on solvency, 5% on liquidity, 27% on profitability and 18% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 865 companies had the same profile as ARDEA ALBA TERRA has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.7%
stopped another way
1.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARDEA ALBA TERRA itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 865 companies, not a prediction for ARDEA ALBA TERRA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (3.54 in 2024), below the usual 1.5. Short-term debt is 97.8% and cash 0.9% of total assets. 98.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year -€5,824
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
27 days late
2024
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 2 accounts on average 12 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
AN
ARDEA NV
Director, since 22-12-2023
BM
BINDERY MANAGEMENT BV
Director, since 22-12-2023
KB
KPMG Bedrijfsrevisoren BV/SRL
Auditor, Paul Dreezen
- ARDEA ALBA 100%equity -€49,139 (2025) · 2025 annual accounts of ARDEA ALBA
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003857453
1 statutory auditor appointed
KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representatives: Paul Dreezen, Frank Tans and Geert De Wael · General meeting of 2024-09 · Gazette deed
Incorporation
Capital of €61,500, 61,500 shares · published on 28-12-2023 · Gazette deed
First establishment
Steenweg op Leuven 1188, Woluwe-Saint-Lambert
Official details
Source: KBO- Status
- Active since 22-12-2023Normal situation
- Registered office
- 74 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- “De promotie van gebouwen waaronder villa’s,huizen,flatgebouwen,winkel,industriële en nijverheidsgebouwen,bij middel van aankoop,verkoop,ruiling,constructie,verpachting,uitbating en beheer van…” (deed in Dutch)From the articles, 28 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.356.642.9121200 Woluwe-Saint-Lambert, since 22-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-05-2026
Companies linked to ARDEA ALBA TERRA
Parent and group
Insights on ARDEA ALBA TERRA
ARDEA ALBA TERRA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,099 and a net result of -€5,824.
The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARDEA ALBA TERRA
- What is the company number of ARDEA ALBA TERRA?
- The company number of ARDEA ALBA TERRA is 1003.857.453. The VAT number is the same number with BE in front: BE 1003.857.453.
- Where is ARDEA ALBA TERRA based?
- The registered office is at Steenweg op Leuven 1188, 1200 Woluwe-Saint-Lambert.Company details
- What is the legal form of ARDEA ALBA TERRA?
- ARDEA ALBA TERRA is a public limited company (NV).
- When was ARDEA ALBA TERRA founded?
- ARDEA ALBA TERRA was founded on 22-12-2023.
- Is ARDEA ALBA TERRA still active?
- Yes, ARDEA ALBA TERRA is an active enterprise in the KBO register.
- What is the turnover of ARDEA ALBA TERRA?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is ARDEA ALBA TERRA profitable?
- In financial year 2025, ARDEA ALBA TERRA made a loss of €5,824.
- Where can I find the annual accounts of ARDEA ALBA TERRA?
- ARDEA ALBA TERRA filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARDEA ALBA TERRA due?
- ARDEA ALBA TERRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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