ARDEL CONSTRUCT
ActiveSummary
ARDEL CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88,820 and a net result of €16,880. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 36380 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 6 accounts on average 155 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 26,964 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,500 | €4,500 | €4,500 | - | - |
| Other operating charges640/8 | - | €149 | €550 | €211 | €1,402 | ▲ 564% |
| Gross operating margin9900 | €11,585 | €30,222 | €27,631 | €25,318 | €25,094 | ▼ 0.9% |
| Operating profit (loss)9901 | €11,437 | €25,573 | €22,581 | €20,607 | €23,692 | ▲ 15.0% |
| Financial charges65/66B | - | €46 | €112 | €99 | €121 | ▲ 22.2% |
| Recurring financial charges65 | €78 | €46 | €112 | €99 | €121 | ▲ 22.2% |
| Profit (loss) for the period before taxes9903 | €11,359 | €25,527 | €22,469 | €20,508 | €23,571 | ▲ 14.9% |
| Income taxes67/77 | €3,100 | €6,895 | €7,490 | €5,328 | €6,691 | ▲ 25.6% |
| Profit (loss) for the period9904 | €8,259 | €18,632 | €14,979 | €15,180 | €16,880 | ▲ 11.2% |
| Profit (loss) for the period to be appropriated9905 | €8,259 | €18,632 | €14,979 | €15,180 | €16,880 | ▲ 11.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,550 | €57,420 | €66,951 | €78,756 | €98,718 | ▲ 25.3% |
| Fixed assets21/28 | €13,500 | €9,000 | €4,500 | - | - | - |
| Tangible fixed assets22/27 | €13,500 | €9,000 | €4,500 | - | - | - |
| Furniture and vehicles24 | - | €9,000 | €4,500 | - | - | - |
| Current assets29/58 | €21,050 | €48,420 | €62,451 | €78,756 | €98,718 | ▲ 25.3% |
| Amounts receivable within one year40/41 | €14,143 | €39,309 | €52,360 | €76,858 | €95,469 | ▲ 24.2% |
| Trade receivables40 | - | €368 | - | €8,600 | €11,101 | ▲ 29.1% |
| Other amounts receivable41 | - | €38,941 | €52,360 | €68,258 | €84,368 | ▲ 23.6% |
| Cash at bank and in hand54/58 | €5,877 | €8,117 | €9,117 | €1,078 | €2,304 | ▲ 114% |
| Deferred charges and accrued income490/1 | - | €994 | €974 | €820 | €945 | ▲ 15.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,550 | €57,420 | €66,951 | €78,756 | €98,718 | ▲ 25.3% |
| Equity10/15 | €23,149 | €41,781 | €56,760 | €71,940 | €88,820 | ▲ 23.5% |
| Contributions10/11 | €1,100 | €1,100 | €1,100 | €1,100 | €1,100 | = |
| Capital10 | - | €1,100 | €1,100 | €1,100 | €1,100 | = |
| Issued capital100 | - | €1,100 | €1,100 | - | €1,100 | - |
| Reserves13 | €1,400 | €3,200 | €3,200 | €6,400 | €6,400 | = |
| Non-distributable reserves130/1 | - | €3,200 | €3,200 | - | €6,400 | - |
| Legal reserve130 | - | €3,200 | €3,200 | - | €6,400 | - |
| Profit (loss) carried forward14 | €20,649 | €37,481 | €52,460 | €64,440 | €81,320 | ▲ 26.2% |
| Amounts payable17/49 | €11,401 | €15,639 | €10,191 | €6,816 | €9,898 | ▲ 45.2% |
| Amounts payable within one year42/48 | €11,401 | €15,639 | €10,191 | €6,816 | €9,898 | ▲ 45.2% |
| Trade debts44 | €951 | €2,469 | €2,701 | €800 | €3,948 | ▲ 394% |
| Suppliers440/4 | - | €2,469 | €2,701 | €800 | €3,948 | ▲ 394% |
| Taxes, remuneration and social security45 | - | €13,170 | €7,490 | €6,016 | €5,950 | ▼ 1.1% |
| Taxes450/3 | - | - | €7,490 | €6,016 | €5,950 | ▼ 1.1% |
| Remuneration and social security454/9 | - | €13,170 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,259 | €18,632 | €14,979 | €15,180 | €16,880 | ▲ 11.2% |
| + Depreciation and write-downs630 | - | €4,500 | €4,500 | €4,500 | - | - |
| Operating cash flow (approximation) | €8,259 | €23,132 | €19,479 | €19,680 | €16,880 | ▼ 14.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €2,240 | €1,000 | -€8,039 | €1,226 | ▲ 115% |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0004/00X004 | Brussels | 118 m² | 1 · 82 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.