ARDIC
ActiveSummary
ARDIC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €21k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 40% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80=
Solvency64▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.34 in 2024; short-term debt: 43.5% and cash: 8.6% of total assets), and 61.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
38.5%
Return on assets
9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
6 d early
2023
21 d early
2022
21 d early
2021
2 d late
2020
13 d late
2019
95 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▲ 30.3%
2024 · €68k
2018: €9k
2019: €24k
2020: €26k
2021: €34k
2022: €47k
2023: €50k
2024: €68k
2018 → 2025
Total assets
€231k▲ 16.1%
2024 · €199k
2018: €16k
2019: €63k
2020: €56k
2021: €72k
2022: €114k
2023: €105k
2024: €199k
2018 → 2025
Net result
€21k▲ 15.5%
2024 · €18k
2018: €20k
2019: €15k
2020: €2k
2021: €9k
2022: €12k
2023: €4k
2024: €18k
2018 → 2025
Working capital
€20k▼ 56.5%
2024 · €45k
2018: €7k
2019: €19k
2020: €19k
2021: €30k
2022: €40k
2023: €40k
2024: €45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€47k▲ 35.8%€50k▲ 8.4%€68k▲ 35.5%€89k▲ 30.3%
Operating result€11k-€17k▲ 46.3%€21k▲ 25.8%€32k▲ 53.3%€34k▲ 5.5%
Net result€9k-€12k▲ 42.8%€4k▼ 68.2%€18k▲ 360%€21k▲ 15.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€111k ▲ 374%
Current assets
€120k ▼ 31.6%
Equity and liabilities €231k
Equity
€89k ▲ 30.3%
Debt
€142k ▲ 8.7%
Debt's share of the balance-sheet total falls from 65.7% to 61.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €38k
Cash flow
€38k▲
2024 · €24k
Current ratio
1.19▼
2024 · 1.34
Debt to equity
1.59▼
2024 · 1.91
ROE
23.2%▼
2024 · 26.2%
ROA
9.0%▼
2024 · 9.0%
Interest coverage
19.33▲
2024 · 11.70
Debt ≤ 1 year
€101k▼
2024 · €131k
Debt > 1 year
€41k
Income taxes
€11k▲
2024 · €11k
Staff costs
€228k▲
2024 · €198k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€199k€231k▲
Fixed assets21/28€23k€111k▲
Tangible fixed assets22/27€23k€111k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€22k€108k▲
Current assets29/58€176k€120k▼
Amounts receivable within one year40/41€116k€86k▼
Trade receivables40€92k€48k▼
Other amounts receivable41€24k€38k▲
Cash at bank and in hand54/58€56k€20k▼
Deferred charges and accrued income490/1€3k€14k▲
Equity and liabilities
Total equity and liabilities10/49€199k€231k▲
Equity10/15€68k€89k▲
Contributions10/11€19k€19k=
Reserves13€37k€55k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€32k€50k▲
Profit (loss) carried forward14€13k€16k▲
Amounts payable17/49€131k€142k▲
Amounts payable after more than one year17-€41k
Financial debts170/4-€41k
Amounts payable within one year42/48€131k€101k▼
Current portion of amounts payable after more than one year42-€17k
Financial debts43-€55
Credit institutions430/8-€55
Trade debts44€74k€26k▼
Suppliers440/4€74k€26k▼
Taxes, remuneration and social security45€54k€54k▲
Taxes450/3€15k€13k▼
Remuneration and social security454/9€38k€41k▲
Other amounts payable47/48€3k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€198k€228k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€17k▲
Other operating charges640/8€4k€13k▲
Gross operating margin9900€239k€292k▲
Operating profit (loss)9901€32k€34k▲
Financial income75/76B€6€716▲
Recurring financial income75€6€716▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€29k€32k▲
Income taxes67/77€11k€11k▲
Profit (loss) for the period9904€18k€21k▲
Profit (loss) for the period to be appropriated9905€18k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€21k▲
Transfer to equity691/2€5k€5k=
To other reserves6921€5k€5k=
The notes to these accounts (6 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Highest result since 2018net €21k ▲15.5%
Operating result €34k, net result €21k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼85.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Heusden-Zolder · 1 establishment unit since 2011
Ground area
1.2 ha
Building footprint
3,402 m²
Volume, LiDAR
32,432 m³
Parcel 71065A0205/00H021, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARDIC
since 20112.203.032.326
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A0205/00H021 | Flanders | 1.2 ha | 1 · 3,402 m² | 12.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,454 EUR awarded · 2,454 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 144 EUR | 144 EUR |
| 2024 | 1 | 1,722 EUR | 1,722 EUR |
| 2023 | 1 | 294 EUR | 294 EUR |
| 2022 | 1 | 294 EUR | 294 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Celerity Distributions
BE 0791.478.329
Sint-Lambrechts-Woluwe · Eq €89,125
BILLENS F. & H. BV ALGEMENE BOUW- & ELECTRICITEITSWERKEN
BE 0475.181.917
Geraardsbergen · Eq €89,127
VANDORPE LUC
BE 0439.385.947
Waregem · Eq €89,043
VS Renovations
BE 0524.676.364
Brecht · Eq €89,203
NYLO POWER
BE 0763.722.867
Gent · Eq €88,972
Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,814 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
43230Insulation installation
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.