ARDENNE SYSTEMS
The computed 12-month bankruptcy probability of ARDENNE SYSTEMS is 2.3% (moderate). The 2024 annual accounts show equity of €179k and a net result of €54k. Equity is growing by ~55.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 692 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €179k |
| Net result | €54k |
| Better than sector | 25% |
| Active | 4 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.0% | 39.3% | |
| Net result | €54k | €13k | |
| Equity | €179k | €37k | |
| Gross operating margin | €356k | €39k | |
| Staff costs | €178k | €30k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €173k |
| Net profit | €54k |
| Cash flow | €130k |
| Staff costs | €178k |
| Income taxes | €12k |
| Dividends | - |
| Total assets | €1.11M |
| Equity | €179k |
| Debt | €936k |
| of which ≤ 1y | €271k |
| of which > 1y | €664k |
| Working capital | €-34k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.87 |
| Quick ratio | 0.86 |
| Working capital ratio | -3.1% |
| Solvency | 16.0% |
| Debt / equity | 5.23 |
| Long-term debt ratio | 3.72 |
| Interest coverage | 5.78 |
| Gross margin | - |
| Net margin | - |
| ROA | 4.8% |
| ROE | 30.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.11M |
| Fixed assets | 21/28 | €878k |
| Tangible fixed assets | 22/27 | €876k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €237k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €132k |
| Cash & bank | 54/58 | €101k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.11M |
| Equity | 10/15 | €179k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €149k |
| Amounts payable | 17/49 | €936k |
| Amounts payable after one year | 17 | €664k |
| Amounts payable within one year | 42/48 | €271k |
| Trade debts payable within one year | 44 | €59k |
| Income statement | ||
| Gross operating margin | 9900 | €356k |
| Operating result | 9901 | €96k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €66k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €54k |
| Result to be appropriated | 9905 | €54k |
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Heindrichs srlLegal entityDirector· perm. rep.: Roger HEINDRICHSState Gazette act 23114928 (07-09-2023)Current17-05-2023 → present
-
YPI srlLegal entityDirector· perm. rep.: Yorick PAASCHState Gazette act 23114928 (07-09-2023)Current17-05-2023 → present
Former directors (2)
-
Former- → 17-05-2023
-
Former- → 17-05-2023
| NACE primary | 25110 |
| Legal form | Private limited company(610) |
| Incorporation | 22-06-2022 |
| Status | Active |
| Postal code | 4950 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63553C0218/00B000 | Wallonia | 482 m² | 1 · 376 m² | 9.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-05-2026 General meeting · Officer resignation · Power of attorney · Permanent representative
- Filing: 2026-05-06 · ARDENNE SYSTEMS
- General meeting: 2026-05-01 · ARDENNE SYSTEMS
- Officer resignation: role: administrateur · HEINDRICHS
- Power of attorney: date: 2026-05-01, purpose: assurer les formalités nécessaires en vue de la publication des présentes décisions aux Annexes du Moniteur Belge · ARDENNE SYSTEMS
- Permanent representative: role: représentant permanent · Roger HENDRICHS
- Publication: 2026-05-26
- Act object: Démission - Renouvellement - Délégation de pouvoirs
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- Roger HEINDRICHS, Bestuurder
- Yorick PAASCH, Bestuurder
- Roger HEINDRICHS, Bestuurder
- Yorick PAASCH, Bestuurder
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}24-06-2022 Incorporation of a new SRL
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ARDENNE SYSTEMS |