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Ardmac

Active
Private limited companyfounded 201510 yrs activeAvenue Pasteur 9, 1300 Wavre, BelgiumKBO/BCE: BE 0643.926.877
Summary

Ardmac has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €454,093. Equity is growing by ~46.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 2716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
ArdmacActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201Other building finishing work NACE 43350
#3 company by total assets in Wavre, Construction sector1 site
Size
€5.4mtotal assets 2025
Staff
6.9 FTE
Equity
€1.9m
Profit
€454,093
Net result +471%: other schema
Financial health
82 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Parent
Ardmac Group Limited
Accounts 21 d early1 of 3 deeds read
Why 82- 1 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)+ Size: 6.9 FTE, total assets €5.4m+ Liquidity: current ratio 1.55, cash €1.3mShow the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Better than 48% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 61-26
equity 35.6% of total assets
Liquidity 46=
short-term debt 64.4% · cash 24.2%
Profitability 58+12
return on assets 8.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 11-2024: 2.3%highest value 12-2024: 0.5%▼ -76.6% vs 11-2024 01-2025: 0.5%▼ -0.7% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%▼ -0.4% vs 02-2025 04-2025: 0.6%▲ +2.0% vs 03-2025 05-2025: 0.5%▼ -6.3% vs 04-2025 06-2025: 0.6%▲ +15.4% vs 05-2025 07-2025: 0.6%▲ +5.8% vs 06-2025 08-2025: 1.0%▲ +53.9% vs 07-2025 09-2025: 0.9%▼ -4.3% vs 08-2025 10-2025: 0.9%● 0.0% vs 09-2025 11-2025: 0.9%● 0.0% vs 10-2025 12-2025: 0.9%● 0.0% vs 11-2025 01-2026: 0.9%▼ -1.3% vs 12-2025 02-2026: 0.9%● 0.0% vs 01-2026 03-2026: 0.9%▼ -1.0% vs 02-2026 04-2026: 0.9%▲ +1.0% vs 03-2026 05-2026: 0.9%▼ -3.3% vs 04-2026 06-2026: 1.5%▲ +63.7% vs 05-2026 07-2026: 1.7%▲ +13.9% vs 06-2026 08-2026: 0.4%▼ -73.2% vs 07-2026lowest value 09-2026: 0.4%● 0.0% vs 08-2026lowest value 10-2026: 0.4%● 0.0% vs 09-2026lowest value
  • Size: 6.9 FTE, total assets €5.4m lowers the probability for this profile
  • Liquidity: current ratio 1.55, cash €1.3m lowers the probability
  • 1 of the last 3 late raises the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 2.6 in 2024; short-term debt: 64.4% and cash: 24.2% of total assets), but 64.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 43%, liquidity 45%, profitability 32%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: 6.9 FTE, total assets €5.4m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.55, cash €1.3m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
on the day
2023
92 d late
2022
60 d late
2021
2 d early
2020
8 d early
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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. Usually files around 31 July (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Result rose in 2025different schema filed ▲ 471% View
  • Positive: Among the best 5% on net resultsector median €19,390 · 2,710 companies €454,093 View
  • Positive: 8 profitable years in a rowprofit 2025: €454,093 8 years View
  • Controlled by Ardmac Group Limited parent View

By topic

Financials

Fiscal year
2025
Total assets
€5.4m
Profit
€454,093
Solvency
35.6%
Total assets▲ 126%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2018
Next accounts
by 31-07-2027
  1. 10-07-2026Annual accounts filed
  2. 06-05-2026Registered office
  3. 31-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
08-12-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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