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Complete company report
Generated 13-08-2026
Active BE 0783.962.116Public limited company

ARDENNES 151

Rue des Guillemins 139 ·4000 Liège, Belgium· 4 yrs active
Sector: Ontwikkeling van residentiële bouwprojecten (68121)
Conclusion Checked

The computed 12-month bankruptcy probability of ARDENNES 151 is 0.8% (low). The 2024 annual accounts show equity of €528k and a net result of €-76k. Its solvency ranks better than 63% of 776 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €528k
Net result €-76k
Better than sector 63%
Active 4 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health37Profitability0Solvency59Growth32Stability94
44 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 37
Profitability 0
Solvency 59
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.8% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
37 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 18-12-2025 with the NBB · fiscal year 2024 · volledig
€-80k€-60k€-40k€-20k€0Operating result 2023: €-44k€-44kNet result 2023: €-46k€-46kOperating result 2024: €-75k€-75kNet result 2024: €-76k€-76k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 31.2% 16.5%
better than 63% of 776 sector peers
Net result €-76k €-2k
better than 22% of 774 sector peers
Equity €528k €136k
better than 66% of 776 sector peers
Gross operating margin €-67k €45k
better than 5% of 609 sector peers
Total assets €1.69M €1.72M
better than 50% of 776 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€-76k
-65.3% 23-24
Total assets
€1.69M
+37.2% 23-24
Equity
€528k
-12.6% 23-24
Working capital
€528k
-12.6% 23-24
Debt
€1.17M
+84.8% 23-24
Debt ≤ 1y
€1.17M
+84.8% 23-24
Current ratio
1.45
-25.8% 23-24
Quick ratio
0.12
+30.6% 23-24
Solvency
31.2%
-36.3% 23-24
Debt / equity
2.21
+111.4% 23-24
ROE
-14.4%
-89.1% 23-24
ROA
-4.5%
-20.5% 23-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA-
Net profit€-76k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€1.69M
Equity€528k
Debt€1.17M
of which ≤ 1y€1.17M
of which > 1y-
Working capital€528k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.45
Quick ratio0.12
Working capital ratio31.2%
Solvency31.2%
Debt / equity2.21
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-4.5%
ROE-14.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.69M
Current assets 29/58€1.69M
Stocks & contracts in progress 3€1.55M
Amounts receivable within one year 40/41€31k
Cash & bank 54/58€60k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.69M
Equity 10/15€528k
Contributions / capital 10/11€650k
Accumulated profits (losses) 14€-122k
Amounts payable 17/49€1.17M
Amounts payable within one year 42/48€1.17M
Trade debts payable within one year 44€73k
Income statement
Gross operating margin 9900€-67k
Operating result 9901€-75k
Financial income 75€0
Financial charges 65€697
Result before taxes 9903€-76k
Net result for the period 9904€-76k
Result to be appropriated 9905€-76k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 5 directors
Directors derived from a single State Gazette act, under verification
All 5 current directors first appear in the same act (26037301). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
  • ARDENT INVEST SALegal entity
    Director· perm. rep.: Nicolas LEONARD
    State Gazette act 26037301 (13-03-2026)
    Current
    01-03-2026 → present
  • Emmanuel MEWISSEN
    Director
    State Gazette act 26037301 (13-03-2026)
    Current
    01-03-2026 → present
  • Nicolas LEONARD
    Director
    State Gazette act 26037301 (13-03-2026)
    Current
    01-03-2026 → present
    2 events
    • 01-03-2026 Resigned· Director
    • 01-03-2026 Appointed· Director
  • SRL GESTBELLegal entity
    Director· perm. rep.: Jean-Marie LEONARD
    State Gazette act 26037301 (13-03-2026)
    Current
    01-03-2026 → present
    2 events
    • 01-03-2026 Resigned· Director
    • 01-03-2026 Appointed· Director
  • SRL MILE MANAGEMENTLegal entity
    Director· perm. rep.: Emmanuel MEWISSEN
    State Gazette act 26037301 (13-03-2026)
    Current
    01-03-2026 → present
    2 events
    • 01-03-2026 Resigned· Director
    • 01-03-2026 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Ontwikkeling van residentiële bouwprojecten(68121)
Legal form Public limited company(014)
Incorporation29-03-2022
StatusActive
Postal code4000
Connections & network 39 connected companies
Network connections
A LA CLEF NEW
Shared address
→
ARDENT BUILD
Shared address
→
ARDENT ENERGY
Shared address
→
ARDENT HOME
Shared address
→
ARDENT HOTEL SUD
Shared address
→
ARDENT INVEST
Shared address
→
ARDENT REAL ESTATE
Shared address
→
ARDENT RETAIL
Shared address
→
ARE HERSTAL FF
Shared address
→
ARE-MSC
Shared address
→
ATH PLAZA IR
Shared address
→
BELGIUM BEER EXPORT
Shared address
→
BELGO LEO HOLDING
Shared address
→
BELGRET
Shared address
→
BigApp
Shared address
→
→
BOIS MADAME
Shared address
→
→
BOT'ARDENT
Shared address
→
BRASSERIE ARDENTE
Shared address
→
COCIO
Shared address
→
D.A. GESTION
Shared address
→
ERS INVEST
Shared address
→
FABY
Shared address
→
→
HOTEL GUILLEMINS
Shared address
→
IMMO CIRCUS WALLONIE
Shared address
→
IMMO RETAIL
Shared address
→
IMMOBILIERE DE COINTE
Shared address
→
IR-IMMO
Shared address
→
IRE
Shared address
→
LEA
Shared address
→
LIEGE STATION IR
Shared address
→
QDA IMMO
Shared address
→
RACINO ESTATE
Shared address
→
SHOP BELGIUM IR
Shared address
→
SHOPS BELGIUM 2
Shared address
→
TILKIN SPORTS
Shared address
→
TOUR DE BASCHAMPS
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
ARDENNES 151
Rue des Guillemins 139, 4000 LiègeOntwikkeling van residentiële bouwprojecten
since 20222.336.024.769
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62814C0393/00V002 Wallonia 4,768 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
13-03-2026
State Gazette act Director changes
2025
18-12-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
31-12-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
14-11-2024
State Gazette act Director changes
v3.2
2022
31-03-2022
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 5 months ago
2026
13-03-2026 14 directors appointed, 3 resigning Director changes
  • Emmanuel MEWISSEN, Bestuurder
  • ARDENT INVEST SA, Bestuurder
  • Nicolas LEONARD, Bestuurder
  • Jean-Marie LEONARD, Bestuurder
  • Emmanuel MEWISSEN, Bestuurder
  • Nicolas LEONARD, Bestuurder
  • Jean-Marie LEONARD, Bestuurder
  • Emmanuel MEWISSEN, Bestuurder
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      },
      "reason": null,
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      "via_org": {
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        "name": "Ardent Invest SA",
        "address": "Rue des Guillemins 139/9, 4000 Li\u00E8ge",
        "country": "BE",
        "legal_form": "SA"
      },
      "statutory": "statutair",
      "compensated": null,
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      "evidence_quote": "DECIDENT de donner tout pouvoir \u00E0 Madame Mathilde Boucquiau ou Madame Charlotte Braillon, ou \u00E0 tout collaborateur/staff d\u0027Ardent Invest SA pour accomplir toutes les formalit\u00E9s relatives \u00E0 la publication de la pr\u00E9sente d\u00E9cision aux Annexes du Moniteur belge",
      "decharge_status": null,
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      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Charlotte Braillon",
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      },
      "reason": null,
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      "via_org": {
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        "legal_form": "SA"
      },
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    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2026-03-13",
    "filing_date": "2026-02-16",
    "act_kind_objet": "D\u00E9mission - Nomination - D\u00E9l\u00E9gation de pouvoirs - Pouvoirs"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2026-02-16",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2026-02-16",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2026-02-16",
      "unanimous": true
    }
  ],
  "is_correction": false,
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    "legal_form": "Soci\u00E9t\u00E9 anonyme"
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  "publication_proxy": {
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2024
14-11-2024 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0783.962.116",
    "name_full": "ARDENNES 151",
    "legal_form": "SA"
  }
}
2022
31-03-2022 Incorporation of a new SNC Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "4000 Li\u00E8ge, Place des Guillemins 5/1A",
  "schema": "v3.2",
  "act_meta": {
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  "founders": [
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        "name": "TILKIN SPORTS"
      },
      "kind": "rechtspersoon",
      "person": null,
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": "0416.570.161",
      "holder_org_name": "TILKIN SPORTS",
      "contribution_type": "in_kind",
      "amount_paid_in_eur": 650000,
      "holder_person_name": null,
      "is_subscriber_only": false,
      "n_shares_subscribed": 650,
      "amount_subscribed_eur": 650000,
      "is_anonymous_silent_partner": false
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    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "Le comparant",
        "niss": null,
        "address": "4651 Battice, rue Waucomont, 51"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "in_kind",
      "amount_paid_in_eur": 650000,
      "holder_person_name": "Le comparant",
      "is_subscriber_only": false,
      "n_shares_subscribed": 650,
      "amount_subscribed_eur": 650000,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1981-03-26",
        "name": "Monsieur LEONARD Nicolas, Jo\u00EBlle, Pierre",
        "niss": null,
        "address": "4020 Li\u00E8ge, Rue des Fories, 1/081"
      },
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      "holder_person_name": "Monsieur LEONARD Nicolas, Jo\u00EBlle, Pierre",
      "is_subscriber_only": true,
      "n_shares_subscribed": null,
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      "is_anonymous_silent_partner": false
    },
    {
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        "kbo": "0537.166.204",
        "name": "La soci\u00E9t\u00E9 SRL MILE MANAGEMENT"
      },
      "kind": "rechtspersoon",
      "person": null,
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      "partner_role": null,
      "holder_org_kbo": "0537.166.204",
      "holder_org_name": "La soci\u00E9t\u00E9 SRL MILE MANAGEMENT",
      "contribution_type": "cash",
      "amount_paid_in_eur": null,
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      "is_anonymous_silent_partner": false
    },
    {
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        "kbo": "0875.277.223",
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      "kind": "rechtspersoon",
      "person": null,
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      "holder_org_kbo": "0875.277.223",
      "holder_org_name": "La soci\u00E9t\u00E9 SRL GESTBEL",
      "contribution_type": "cash",
      "amount_paid_in_eur": null,
      "holder_person_name": null,
      "is_subscriber_only": true,
      "n_shares_subscribed": null,
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      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 650000,
  "subject_company": {
    "kbo": "0783.962.116",
    "name_full": "ARDENNES 151",
    "legal_form": "SNC"
  },
  "initial_directors": [],
  "incorporation_date": "2022-03-28",
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
Legal nameFR ARDENNES 151
Registered office
Rue des Guillemins 139 bus 9
4000 Liège, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative