Financials
- Financial year
- 2025
- Total assets
- €1.4m
- Loss
- -€56,858
- Solvency
- -2.7%
ARDENNES 24
ActiveSummary
ARDENNES 24 has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,858) and a net result of -€56,858. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
“L'achat, la vente, la prise en location et en sous-location, ainsi que la cession…” (deed in French)
From the articles, 13 activitiesNo NACE code in the KBO yet1 site
Size
€1.4mtotal assets 2025
- Equity
- -€36,858
- Loss
- -€56,858
Turnover not published (micro format)
Structure
Accounts on time
Why 53raises riskCapped at 59: negative equityNegative equity -€36,858Founded in 2025lowers riskSize: total assets €1.4mNo main activity registeredShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency
22
equity -2.7% of total assets
Liquidity
33
short-term debt 40.5% · cash 2.0%
Profitability
16
return on assets -4.1%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 2.4%
03-2026: 2.4%● unchanged vs 02-2026
04-2026: 2.5%▲ +0.1 percentage points vs 03-2026
05-2026: 3.0%▲ +0.5 percentage points vs 04-2026
06-2026: 3.1%▲ +0.1 percentage points vs 05-2026
07-2026: 3.3%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 0.3%▼ -3.0 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.06, below 1; short-term debt: 40.5% and cash: 2% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 14% on solvency, 18% on liquidity and 15% on profitability.
The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: de la KETHULLE de…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 10-01-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 31
- Who signs
- Each director alone
- Purpose
- “L'achat, la vente, la prise en location et en sous-location, ainsi que la cession en…” (deed in French)
- Statutory auditor
- No statutory auditor
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