Financials
- Fiscal year
- 2024
- Total assets
- €1.0m
- Profit
- €16,230
- Solvency
- 99.8%
Total assets▼ 2.3%
Net result
20182024
ARDECO
ActiveSummary
The computed 12-month bankruptcy probability of ARDECO is 1.7% (moderate). The 2024 annual accounts show equity of €999,712 and a net result of €16,230. Equity remains stable across the filed fiscal years (±1.7% per year). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activity not known1 site
How big
€1.0mtotal assets 2024
- Equity
- €999,712
- Profit
- €16,230
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 4 deeds read
Why 56- 1 change of registered office in 24 months- Figures for FY 2024 (filed 27-10-2025)+ Size: total assets €1.0m+ Equity €999,712 (99.8% of total assets)Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 62% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 99.8% of total assets
Liquidity
64-36
short-term debt 0.2% · cash 11.3%
Profitability
71-29
return on assets 1.6%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 0.7%lowest value
09-2026: 0.9%▲ +27.5% vs 08-2026
10-2026: 1.7%▲ +82.2% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Size: total assets €1.0m lowers the probability for this profile
- Figures for FY 2024 (filed 27-10-2025) raises the probability
- Equity €999,712 (99.8% of total assets) lowers the probability
Credit up to €55,000 at 30 days acceptable
short-term debt: 0.2% and cash: 11.3% of total assets, and 0.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 61%, profitability 51%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €999,712
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
78 d late
2023
61 d late
2022
30 d late
2021
30 d late
2020
17 d late
2019
22 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 40 days after 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 (1)
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity times 26current ratio 491.14
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 16
- Since
- 2016
- 17-10-2025Annual accounts filed
- 31-12-2024Liquidity times 26
- 30-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 26-08-1992
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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