Equity
ARDEMO has made a profit without a break since 2021.
ARDEMO has made a profit without a break since 2021.
The micro format states no turnover.
Short-term debts fell from €2,989 to €2,443.
The 2025 accounts came latest: 20 days after the end of the period.
Higher solvency than 84% of companies in other professional activities. Sector median 49.6% · 4,561 companies.
In July 2024, 26,969 companies had the same profile as ARDEMO has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,969 companies, not a prediction for ARDEMO. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ARDEMO Lessines | €15,466 | €5,878 | 84.2% | - |
| INSTA3D La Louvière | €22,973 | €8,189 | 72.2% | - |
| AZO SOLUTIONS Antwerp | €16,800 | €8,606 | 60.2% | - |
| DVL Automotive Chapelle-lez-Herlaimont | €12,235 | €7,820 | 89.1% | - |
| CROCO EXPO Etterbeek | €17,256 | €14,866 | 33.6% | - |
| AP FILMS Uccle | €30,527 | €11,051 | 42.5% | - |
| Styling CJ Aalter | €20,696 | €1,450 | 81.2% | - |
These companies have the same main activity as ARDEMO: other specialised design activities (NACE 74140). They are comparable in size and age: total assets between €12,200 and €30,500, founded between 2012 and 2021.
ARDEMO files the micro format. That format states no turnover. The gross margin rose from -€3,033 in 2020 to €5,878 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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