Financials
- Financial year
- 2025
- Total assets
- €16,546
- Profit
- €7,927
- Solvency
- 66.0%
Ardeco
ActiveSummary
Ardeco has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,927 and a net result of €7,927. Its solvency ranks better than 74% of 9,309 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€16,546total assets 2025
- Equity
- €10,927
- Profit
- €7,927
Turnover not published (micro format)
Why 71raises riskFounded in 2025Size: total assets €16,546Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.72, cash €12,383Show the evidence
Checked score
Score 2025
71
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 85% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency
91
equity 66.0% of total assets
Liquidity
85
short-term debt 34.0% · cash 74.8%
Profitability
100
return on assets 47.9%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 1.6%
07-2026: 1.7%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.4%▼ -1.3 percentage points vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.8%▲ +0.4 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.72, above the usual 1.5; short-term debt: 34% and cash: 74.8% of total assets), and 34% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (NACE 41, micro): better than 75% on solvency, 87% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
15 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: Arvil Selimaj (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- Arvil SelimajDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 14-05-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 39
- Annual meeting
- Last Friday of June at 18:00
- Purpose
- “Het optreden als commerciële tussenpersoon en bemiddelaar in de bouwsector,met inbegrip…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about Ardeco
- What is the company number of Ardeco?
- 1023.341.684. In Belgium the VAT number is the company number with BE in front: BE 1023.341.684.
- Where is Ardeco based?
- The registered office is at Vinkenlaan 5, 9820 Merelbeke-Melle.Company details
- What does Ardeco do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Ardeco?
- Private limited company (BV).
- When was Ardeco founded?
- On 14-05-2025.
- Is Ardeco still active?
- Yes, Ardeco is an active enterprise in the KBO register.
- What is the turnover of Ardeco?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Ardeco profitable?
- In financial year 2025, Ardeco made a profit of €7,927.
- Where can I find the annual accounts of Ardeco?
- Ardeco filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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