ARDO ARDOOIE
ActiveSummary
ARDO ARDOOIE has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36.96M and a net result of €6.53M. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 64% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 91 lines
The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €244.77M | €214.02M | €124.79M | €142.66M | ▲ 14.3% |
| Turnover70 | €228.96M | €229.64M | €247.26M | €122.51M | €140.35M | ▲ 14.6% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €6.62M | €-40.40M | €-22k | - | - |
| Other operating income74 | - | €8.41M | €6.41M | €2.30M | €2.26M | ▼ 1.6% |
| Non-recurring operating income76A | - | €106k | €751k | - | €51k | - |
| Operating charges60/66A | - | €247.79M | €205.70M | €120.50M | €137.20M | ▲ 13.9% |
| Goods for resale, raw materials and consumables60 | - | €197.94M | €156.09M | €66.33M | €83.54M | ▲ 26.0% |
| Purchases600/8 | - | €198.03M | €154.74M | €66.43M | €83.13M | ▲ 25.1% |
| Change in stocks: decrease (increase)609 | - | €-89k | €1.35M | €-98k | €412k | ▲ 520% |
| Services and other goods61 | - | €21.18M | €21.21M | €24.40M | €22.38M | ▼ 8.3% |
| Remuneration, social security and pensions62 | - | €22.56M | €23.22M | €25.40M | €27.23M | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6.50M | €5.97M | €4.81M | €3.95M | €3.64M | ▼ 8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-210k | €-2k | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-19k | €-64k | €-24k | €-15k | ▲ 38.0% |
| Other operating charges640/8 | - | €323k | €415k | €429k | €404k | ▼ 5.7% |
| Non-recurring operating charges66A | - | €49k | €22k | €13k | €13k | ▲ 1.0% |
| Operating profit (loss)9901 | €-6.40M | €-3.03M | €8.32M | €4.29M | €5.46M | ▲ 27.5% |
| Financial income75/76B | - | €1.23M | €32.34M | €4.33M | €1.73M | ▼ 60.1% |
| Recurring financial income75 | €1.95M | €1.23M | €2.52M | €1.80M | €1.65M | ▼ 7.9% |
| Income from financial fixed assets750 | - | €1.00M | €2.29M | €1.00M | - | - |
| Income from current assets751 | - | €11k | €58k | €781k | €1.64M | ▲ 110% |
| Other financial income752/9 | - | €218k | €167k | €15k | €14k | ▼ 5.6% |
| Non-recurring financial income76B | - | - | €29.82M | €2.53M | €73k | ▼ 97.1% |
| Financial charges65/66B | - | €1.43M | €2.96M | €3.00M | €104k | ▼ 96.5% |
| Recurring financial charges65 | €1.40M | €1.43M | €2.96M | €49k | €104k | ▲ 110% |
| Debt charges650 | €1.32M | €1.21M | €2.87M | €49k | €96k | ▲ 93.5% |
| Other financial charges652/9 | - | €219k | €89k | - | €8k | - |
| Non-recurring financial charges66B | - | - | - | €2.95M | - | - |
| Profit (loss) for the period before taxes9903 | €-5.85M | €-3.23M | €37.70M | €5.61M | €7.09M | ▲ 26.3% |
| Transfer from deferred taxes780 | - | €10k | €12k | €5k | €5k | = |
| Income taxes67/77 | €163k | €4k | €323k | €1.28M | €562k | ▼ 56.1% |
| Taxes670/3 | - | €4k | €323k | €1.28M | €677k | ▼ 47.1% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €114k | - |
| Profit (loss) for the period9904 | €-6.00M | €-3.22M | €37.39M | €4.34M | €6.53M | ▲ 50.5% |
| Transfer from tax-exempt reserves789 | - | - | €6k | €1k | - | - |
| Profit (loss) for the period to be appropriated9905 | €-6.00M | €-3.22M | €37.40M | €4.34M | €6.53M | ▲ 50.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150.96M | €152.52M | €76.07M | €75.13M | €63.85M | ▼ 15.0% |
| Fixed assets21/28 | €71.42M | €69.01M | €33.76M | €40.28M | €41.57M | ▲ 3.2% |
| Intangible fixed assets21 | €2.33M | €500k | €270k | €60k | €936 | ▼ 98.4% |
| Tangible fixed assets22/27 | €12.90M | €12.32M | €10.43M | €9.34M | €10.85M | ▲ 16.2% |
| Land and buildings22 | - | €100k | €75k | €48k | €39k | ▼ 19.2% |
| Plant, machinery and equipment23 | - | €11.27M | €9.84M | €8.62M | €9.92M | ▲ 15.1% |
| Furniture and vehicles24 | - | €263k | €212k | €216k | €183k | ▼ 15.2% |
| Other tangible fixed assets26 | - | - | - | - | €629k | - |
| Assets under construction and advance payments27 | - | €685k | €306k | €453k | €77k | ▼ 82.9% |
| Financial fixed assets28 | €56.19M | €56.19M | €23.06M | €30.88M | €30.72M | ▼ 0.5% |
| Affiliated companies280/1 | - | €56.19M | €23.06M | €30.88M | €30.72M | ▼ 0.5% |
| Participating interests280 | - | €56.19M | €23.06M | €5.88M | €5.72M | ▼ 2.9% |
| Amounts receivable281 | - | - | - | €25.00M | €25.00M | = |
| Current assets29/58 | €79.53M | €83.52M | €42.31M | €34.85M | €22.29M | ▼ 36.0% |
| Amounts receivable after more than one year29 | - | €830k | €666k | €548k | €328k | ▼ 40.1% |
| Other amounts receivable291 | - | €830k | €666k | €548k | €328k | ▼ 40.1% |
| Stocks and contracts in progress3 | €42.62M | €42.89M | €1.14M | €1.22M | €804k | ▼ 33.9% |
| Stocks30/36 | - | €42.89M | €1.14M | €1.22M | €804k | ▼ 33.9% |
| Raw materials and consumables30/31 | - | €2.47M | €1.12M | €1.22M | €804k | ▼ 33.9% |
| Work in progress32 | - | €23.12M | €22k | - | - | - |
| Finished goods33 | - | €17.30M | - | - | - | - |
| Amounts receivable within one year40/41 | €28.81M | €38.69M | €40.15M | €31.98M | €20.95M | ▼ 34.5% |
| Trade receivables40 | - | €38.30M | €30.69M | €21.04M | €19.24M | ▼ 8.6% |
| Other amounts receivable41 | - | €383k | €9.46M | €10.94M | €1.71M | ▼ 84.3% |
| Cash at bank and in hand54/58 | €7.08M | €364k | €274k | €27k | €754 | ▼ 97.2% |
| Deferred charges and accrued income490/1 | - | €745k | €83k | €1.07M | €205k | ▼ 80.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150.96M | €152.52M | €76.07M | €75.13M | €63.85M | ▼ 15.0% |
| Equity10/15 | €37.67M | €32.12M | €59.51M | €60.44M | €36.96M | ▼ 38.9% |
| Contributions10/11 | €365k | €521k | €521k | €521k | €521k | = |
| Capital10 | - | €521k | €521k | €521k | €521k | = |
| Issued capital100 | - | €521k | €521k | €521k | €521k | = |
| Revaluation surpluses12 | - | €10.00M | - | - | - | - |
| Reserves13 | €27.22M | €21.55M | €58.94M | €59.89M | €36.42M | ▼ 39.2% |
| Non-distributable reserves130/1 | - | €54k | €54k | €54k | €54k | = |
| Legal reserve130 | - | €54k | €54k | €54k | €54k | = |
| Tax-exempt reserves132 | - | €475k | €469k | €468k | €468k | = |
| Distributable reserves133 | - | €21.02M | €58.42M | €59.37M | €35.90M | ▼ 39.5% |
| Investment grants15 | - | €51k | €44k | €30k | €16k | ▼ 47.8% |
| Provisions and deferred taxes16 | €186k | €143k | €67k | €38k | €18k | ▼ 52.6% |
| Provisions for liabilities and charges160/5 | - | €117k | €52k | €28k | €13k | ▼ 54.3% |
| Pensions and similar obligations160 | - | €38k | €20k | €28k | €13k | ▼ 54.3% |
| Other liabilities and charges164/5 | - | €78k | €32k | - | - | - |
| Deferred taxes168 | - | €26k | €15k | €10k | €5k | ▼ 47.8% |
| Amounts payable17/49 | €113.10M | €120.26M | €16.49M | €14.64M | €26.88M | ▲ 83.5% |
| Amounts payable after more than one year17 | €14.20M | €5.60M | - | - | - | - |
| Financial debts170/4 | - | €5.60M | - | - | - | - |
| Credit institutions173 | - | €5.60M | - | - | - | - |
| Amounts payable within one year42/48 | €98.76M | €114.65M | €16.49M | €14.64M | €26.85M | ▲ 83.4% |
| Current portion of amounts payable after more than one year42 | - | €3.40M | - | - | - | - |
| Trade debts44 | €25.92M | €35.84M | €11.20M | €9.86M | €21.80M | ▲ 121% |
| Suppliers440/4 | - | €35.84M | €11.20M | €9.86M | €21.80M | ▲ 121% |
| Taxes, remuneration and social security45 | - | €3.53M | €5.29M | €4.78M | €5.05M | ▲ 5.6% |
| Taxes450/3 | - | €69k | €1.57M | €1.67M | €1.53M | ▼ 8.4% |
| Remuneration and social security454/9 | - | €3.46M | €3.72M | €3.12M | €3.53M | ▲ 13.1% |
| Other amounts payable47/48 | - | €71.89M | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €5k | - | - | €24k | - |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6.00M | €-3.22M | €37.39M | €4.34M | €6.53M | ▲ 50.5% |
| + Depreciation and write-downs630 | €6.50M | €5.97M | €4.81M | €3.95M | €3.64M | ▼ 8.0% |
| Operating cash flow (approximation) | €500k | €2.74M | €42.20M | €8.29M | €10.16M | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | - | €30.44M | €-10.48M | €-4.92M | ▲ 53.0% |
| Change in cash | - | - | €-89k | €-247k | €-26k | ▲ 89.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
27-08
State Gazette act
Appointment: QRE BV (director)Permanent representatives: Quentin Regout and Tijl Goens · Resignation: Leander Cosijns (director)5 facts ▸
- General meeting, 02-12-2025
- Director appointment, QRE BV (director)
- Permanent representative, Quentin Regout
- Director resignation, Leander Cosijns (director)
- Permanent representative, Tijl Goens
26-11
State Gazette act
Resignation: Ardo Ardooie (director)Reappointments: Leander Cosijns, Vimicon BV and 2 others · Permanent representatives: Tijl Goens and Francis Boelens · Mandate compensation9 facts ▸
- General meeting, 03-12-2024
- Director resignation, Ardo Ardooie
- Director reappointment, Leander Cosijns (director)
- Director reappointment, Vimicon BV (director)
- Permanent representative, Tijl Goens
- Director reappointment, Quentin Regout (director)
- Mandate compensation, Ardo Ardooie
- Auditor reappointment, ERNST & YOUNG BEDRIJFSREVISOREN BV
- Permanent representative, Francis Boelens
31-05
State Gazette act
Resignations: Jan Haspeslagh, Ignace Haspeslagh and Bernard HaspeslaghReappointment: Bernard Haspeslagh (director) · Appointments: Leander Cosijns (director) and ERNST & YOUNG BEDRIJFSREVISOREN BV (statutory auditor) · Permanent representative: Francis Boelens10 facts ▸
- General meeting, 10-12-2021
- Director resignation, Jan Haspeslagh (director)
- Director resignation, Ignace Haspeslagh (director)
- Director resignation, Bernard Haspeslagh (director)
- Director reappointment, Bernard Haspeslagh (director)
- Director appointment, Leander Cosijns (director)
- Mandate compensation, Bernard Haspeslagh
- Mandate compensation, Leander Cosijns
- Auditor appointment, ERNST & YOUNG BEDRIJFSREVISOREN BV (statutory auditor)
- Permanent representative, Francis Boelens
01-02
State Gazette act
Capital & shares · Statutes amendment · RestructuringDemerger · Accounting effect · Capital increase7 facts ▸
- General meeting, 30-12-2020
- Demerger, partial split by absorption, wortelwas-activiteit
- Accounting effect, 01-07-2020
- Capital increase, €156.039,2
- Capital, €521.043,63
- Statutes amendment
- Power of attorney, Anja DEKEYZER
Show earlier events
18-12
State Gazette act
Resignation: Frank Sioen (director)2 facts ▸
- Board meeting, 13-11-2020
- Director resignation, Frank Sioen (director)
25-11
State Gazette act
RestructuringDemerger · Capital · Net-asset statement8 facts ▸
- Demerger, ARDO ARDOOIE NV bij wijze van partiële splitsing de wortelwas-activiteit van ARDO E.HASPESLAGH NV overmeemt
- Capital, €510.000
- Capital, €365.004,49
- Net-asset statement, 30-06-2020
- Net-asset statement, 30-06-2020
- Share issue, 24, vergoeding voor de partiële splitsing
- Accounting effect, 01-07-2020
- Power of attorney, Sophie Van Iseghem
18-12
State Gazette act
Resignations: Ardo Holding NV (gedelegeerd bestuurder, bestuurder en voorzitter) and Rik Jacob BVBA (director)Appointment: Jan Haspeslagh (chair)6 facts ▸
- Board meeting, 27-06-2019
- General meeting, 28-06-2019
- Director resignation, Ardo Holding NV (gedelegeerd bestuurder, bestuurder en voorzitter)
- Director appointment, Jan Haspeslagh (chair)
- Director resignation, Ardo Holding NV (director)
- Director resignation, Rik Jacob BVBA (director)
22-07
State Gazette act
RestructuringDemerger · Capital · Share issue5 facts ▸
- General meeting, 20-05-2019
- Demerger, 20-05-2019
- Capital, €365.004,49
- Share issue, 17611, kapitaalverhoging in NV ARDO
- Power of attorney, Ad-Ministerie BVBA
16-07
State Gazette act
Reappointment: BDO bedrijfsrevisoren CVBA (statutory auditor)Permanent representative: Thomas Durieux3 facts ▸
- General meeting, 04-12-2018
- Auditor reappointment, BDO bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Thomas Durieux
14-06
State Gazette act
RestructuringDemerger · Name change · Capital6 facts ▸
- General meeting, 20-05-2019
- Demerger, partielle splitsing, 31-12-2018
- Name change, ARDO ARDOOIE
- Name change, ARDO
- Capital, €360.716,7
- Power of attorney, Ad-Ministerie BVBA
17-04
State Gazette act
RestructuringPermanent representatives: Jan Haspeslagh, Rik Jacob and Tijl Goens · Demerger · Capital25 facts ▸
- Demerger, partiële splitsing door overneming, 13,58595
- Capital, €380.000
- Board composition, ARDO HOLDING NV (director and managing director)
- Board composition, Jan Haspeslagh (director and managing director)
- Board composition, Bernard Haspeslagh (director and managing director)
- Board composition, Ignace Haspeslagh (director)
- Board composition, RIK JACOB BVBA (director)
- Board composition, Frank Sioen (director)
- Board composition, VIMICON BVBA (director)
- Permanent representative, Jan Haspeslagh
- Permanent representative, Rik Jacob
- Permanent representative, Tijl Goens
- +13 further facts in this act
17-04
State Gazette act
Appointment: Vimicon (director)Permanent representatives: Tijl Goens and Adriaan de Leeuw · Reappointments: Ardo Holding NV, Jan Haspeslagh and Bernard Haspeslagh · Mandate compensation13 facts ▸
- General meeting, 18-06-2018
- Director appointment, Vimicon (director)
- Permanent representative, Tijl Goens
- Mandate compensation, Vimicon
- Board meeting, 29-03-2019
- Director reappointment, Ardo Holding NV (managing director)
- Director reappointment, Jan Haspeslagh (managing director)
- Director reappointment, Bernard Haspeslagh (managing director)
- Director confirmation, Ardo Holding NV (chair of the board)
- Permanent representative, Adriaan de Leeuw
- Mandate duration, duur van hun mandaat als bestuurder van de Vennootschap
- Mandate duration, duur van hun mandaat als bestuurder van de Vennootschap
- +1 further facts in this act
29-11
State Gazette act
Algemene VergaderingStatutes amendment2 facts ▸
- General meeting
- Statutes amendment
02-02
State Gazette act
Reappointments: Ardo Holding NV, Jan Haspeslagh and 3 othersPermanent representatives: Jan Haspeslagh, Rik Jacob and Philip Vervaeck · Appointment: BDO Bedrijfsrevisoren Burg.Ven. CVBA (statutory auditor)11 facts ▸
- General meeting, 17-12-2015
- Director reappointment, Ardo Holding NV (managing director)
- Director reappointment, Jan Haspeslagh (managing director)
- Director reappointment, Ignace Haspeslagh (director)
- Director reappointment, Berriard Haspeslagh (managing director)
- Director reappointment, Rik Jacob Bvba (director)
- Director reappointment, Ardo Holding NV (chair of the board)
- Permanent representative, Jan Haspeslagh
- Permanent representative, Rik Jacob
- Auditor appointment, BDO Bedrijfsrevisoren Burg.Ven. CVBA (statutory auditor)
- Permanent representative, Philip Vervaeck
05-02
State Gazette act
BoekjaarStatutes amendment3 facts ▸
- General meeting, 30-12-2014
- Statutes amendment, Artikel 23
- Statutes amendment, Artikel 18
11-07
State Gazette act
Appointment: Frank Sioen (director)2 facts ▸
- General meeting, 25-06-2014
- Director appointment, Frank Sioen (director)
10-12
State Gazette act
Reappointment: Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA (statutory auditor)Appointment: BDO Bedrijfsrevisoren Burg. Ven. CVBA (statutory auditor) · Permanent representative: Philip Vervaeck4 facts ▸
- General meeting, 26-10-2012
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA
- Auditor appointment, BDO Bedrijfsrevisoren Burg. Ven. CVBA (statutory auditor)
- Permanent representative, Philip Vervaeck
14-09
State Gazette act
Reappointment: DELOITTE Bedrijfsrevisoren (statutory auditor)3 facts ▸
- Board meeting, 23-04-2010
- General meeting, 28-05-2010
- Auditor reappointment, DELOITTE Bedrijfsrevisoren (statutory auditor)
19-08
State Gazette act
Reappointments: Ardo Holding NV, Jan Haspeslagh and 2 othersPermanent representative: Jan Haspeslagh8 facts ▸
- Board meeting, 23-04-2009
- General meeting, 29-05-2009
- Director reappointment, Ardo Holding NV (managing director)
- Director reappointment, Jan Haspeslagh (managing director)
- Director reappointment, Ignace Haspeslagh (managing director)
- Director reappointment, Bernard Haspeslagh (director)
- Director reappointment, Ardo Holding NV (chair of the board)
- Permanent representative, Jan Haspeslagh
25-07
State Gazette act
Appointment: DELOITTE Bedrijfsrevisoren (statutory auditor)Mandate term3 facts ▸
- General meeting, 25-05-2007
- Auditor appointment, DELOITTE Bedrijfsrevisoren (statutory auditor)
- Mandate term, 3 jaar
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001C1498/00A000 | Flanders | 5,807 m² | 1 · 2,144 m² | 14.5 m |
Linked by address, not proof of ownership
Statutory auditor
1 auditor| Ernst et Young Reviseurs d'EntreprisesCurrent Auditor · represented by Francis Boelens | 10-12-2021 → present |
Show 2 earlier auditors
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES Statutory auditor · represented by Thomas Durieux succeeded by Ernst et Young Reviseurs d'Entreprises in 2021 | 26-10-2012 → 10-12-2021 |
| Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA Auditor succeeded by BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES in 2012 | 25-05-2007 → 26-10-2012 |
Articles of association
Full purpose
De aankoop en verkoop van en de verwerking tot diepgevroren produkt van alle groenten en fruit; de stockering van goederen voor derden en het verhuren van frigo's. ... [full object text]
Structure & network
Connections & network
6 connected companiesShow 2 more companies with a shared director
Acquisitions and mergers
2 transactionsCapital and shareholders
- 01-02-2021 Capital increase of 156,039.20 EUR · to 521,043.63 EUR · 24 new shares
- 25-11-2020 Capital stated in 2 acts · 365,004.49 EUR · 1,300 shares
- 14-06-2019 Capital stated in the act · 360,716.70 EUR · 1,300 shares
- 17-04-2019 Capital stated in the act · 380,000 EUR · 1,300 shares
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 18,836 EUR awarded · 18,836 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,194 EUR | 2,194 EUR |
| 2024 | 1 | 11,240 EUR | 11,240 EUR |
| 2023 | 1 | 5,402 EUR | 5,402 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
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