ARDEN MANUTENTION
ActiveARDEN MANUTENTION has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €307k and a net result of €87k. Equity is growing by ~41.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73=
Solvency37▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.7 in 2024; short-term debt: 37.2% and cash: 8.3% of total assets), and 88.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.6%
Return on assets
3.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7993 sector peers (2025).
NBB · sector comparisonPosition among 7993 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
7 d early
2023
30 d late
2022
101 d late
2021
65 d late
2020
27 d late
2019
19 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.91M
EBIT margin
-1.2%
Net result
€87k▲ 12.3%
2024 · €77k
2021: €5k
2022: €5k
2023: €45k
2024: €77k
2021 → 2025
Working capital
€-303k▲ 3.1%
2024 · €-312k
2021: €-80k
2022: €-63k
2023: €-226k
2024: €-312k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.91M
Equity€91k-€96k▲ 5.6%€147k▲ 52.8%€222k▲ 51.1%€307k▲ 38.1%
Operating result€20k-€-23k€118k€156k▲ 32.4%€208k▲ 33.2%
Net result€5k-€5k▲ 1.7%€45k▲ 788%€77k▲ 71.9%€87k▲ 12.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.64M
Fixed assets
€1.96M▲ 15.1%
Current assets
€681k▼ 4.9%
Equity and liabilities €2.64M
Equity
€307k▲ 38.1%
Provisions
€3k▼ 57.5%
Debt
€2.33M▲ 6.5%
The debt ratio falls from 90.5% to 88.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€815k▲
2024 · €689k
Cash flow
€694k▲
2024 · €610k
Solvency
11.6%▲
2024 · 9.2%
Current ratio
0.69▼
2024 · 0.70
Quick ratio
0.58▲
2024 · 0.57
Debt / equity
7.59▼
2024 · 9.85
ROE
28.3%▼
2024 · 34.8%
ROA
3.3%▲
2024 · 3.2%
Interest coverage
9.20▼
2024 · 9.56
Debt
€2.33M▲
2024 · €2.19M
Debt ≤ 1 year
€984k▼
2024 · €1.03M
Debt > 1 year
€1.33M▲
2024 · €1.16M
Income taxes
€40k▲
2024 · €14k
Staff costs
€271k▲
2024 · €226k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.42M€2.64M▲
Fixed assets21/28€1.70M€1.96M▲
Tangible fixed assets22/27€1.69M€1.96M▲
Land and buildings22€367k€331k▼
Plant, machinery and equipment23€56k€57k▲
Furniture and vehicles24€327k€852k▲
Leasing and similar rights25€943k€716k▼
Financial fixed assets28€10k€6k▼
Current assets29/58€716k€681k▼
Stocks and contracts in progress3€128k€107k▼
Stocks30/36€128k€107k▼
Amounts receivable within one year40/41€499k€320k▼
Trade receivables40€478k€310k▼
Other amounts receivable41€21k€10k▼
Cash at bank and in hand54/58€85k€219k▲
Deferred charges and accrued income490/1€4k€35k▲
Equity and liabilities
Total equity and liabilities10/49€2.42M€2.64M▲
Equity10/15€222k€307k▲
Contributions10/11€67k€67k=
Reserves13€69k€105k▲
Tax-exempt reserves132€24k€10k▼
Distributable reserves133€45k€95k▲
Profit (loss) carried forward14€82k€133k▲
Investment grants15€4k€1k▼
Provisions and deferred taxes16€8k€3k▼
Deferred taxes168€8k€3k▼
Amounts payable17/49€2.19M€2.33M▲
Amounts payable after more than one year17€1.16M€1.33M▲
Financial debts170/4€1.16M€1.33M▲
Amounts payable within one year42/48€1.03M€984k▼
Current portion of amounts payable after more than one year42€441k€494k▲
Financial debts43€70k€0▼
Credit institutions430/8€70k€0▼
Trade debts44€482k€172k▼
Suppliers440/4€482k€172k▼
Taxes, remuneration and social security45€35k€57k▲
Taxes450/3€14k€42k▲
Remuneration and social security454/9€22k€14k▼
Other amounts payable47/48-€261k
Accrued charges and deferred income492/3€0€16k▲
Income statement
Code20242025
Non-recurring operating income76A€12k€0▼
Remuneration, social security and pensions62€226k€271k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€533k€607k▲
Other operating charges640/8€41k€31k▼
Non-recurring operating charges66A-€11k
Gross operating margin9900€957k€1.13M▲
Operating profit (loss)9901€156k€208k▲
Financial income75/76B€2k€2k=
Recurring financial income75€2k€2k=
Financial charges65/66B€72k€89k▲
Recurring financial charges65€72k€89k▲
Profit (loss) for the period before taxes9903€86k€122k▲
Transfer from deferred taxes780€5k€5k=
Transfer to deferred taxes680€0-
Income taxes67/77€14k€40k▲
Profit (loss) for the period9904€77k€87k▲
Transfer from tax-exempt reserves789€14k€14k=
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€91k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€183k▲
Profit (loss) brought forward from the previous period14P€36k€82k▲
Transfer to equity691/2€45k€50k▲
To other reserves6921€45k€50k▲
Social balance
Average headcount (FTE)90873.74.4▲
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2021net €87k ▲12.3%
Operating result €208k, net result €87k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €200kEq €222k ▲51.1%
4 profitable years in a row build equity to €222k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €147k ▲52.8%
3 profitable years in a row build equity to €147k.
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 101 days late
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 65 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bastogne · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Route Nationale 4(Mande) 56687 BastogneGround area
7,562 m²
Building footprint
568 m²
Volume, LiDAR
4,201 m³
Parcel 82016E0520/00P003, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Route Nationale 4(Mande) 5, 6687 Bastogne
since 20082.237.165.933
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82016E0520/00P003 | Wallonia | 7,562 m² | 1 · 568 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BEERENDRUK
BE 0628.660.859
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Wevelgem · Eq €309k
AVIADOR
BE 0864.915.841
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Janssens & Janssens
BE 0455.603.456
Antwerpen · Eq €310k
WVS BRICKS
BE 0794.587.079
Lendelede · Eq €311k
Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 1,001 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2008
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
49410Freight transport by road
46839Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.