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ARDOBUILD

Active
Private limited companyfounded 2024active for 1 yearWatervalstraat 5, 8850 Ardooie, BelgiumKBO/BCE: BE 1017.844.655
Summary

ARDOBUILD has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,160 and a net result of €31,160. Its solvency ranks better than 60% of 2,749 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00459801.

Equity
€34,160
Total assets
€70,367
Net result
€31,160
Working capital
€20,320

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €70,367
Fixed assets €13,855
Current assets €56,512
Equity and liabilities €70,367
Equity €34,160
Debt €36,207
Debt finances 51.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€42,855
Cash flow
€32,469
Current ratio
1.56
Quick ratio
1.48
Debt to equity
1.06
ROE
91.2%
ROA
44.3%
Interest coverage
17.96
Debt ≤ 1 year
€36,192
Income taxes
€8,501

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€70,367
Fixed assets21/28€13,855
Tangible fixed assets22/27€13,855
Plant, machinery and equipment23€13,855
Current assets29/58€56,512
Stocks and contracts in progress3€2,884
Stocks30/36€2,884
Amounts receivable within one year40/41€11,435
Trade receivables40€11,315
Other amounts receivable41€120
Cash at bank and in hand54/58€41,216
Deferred charges and accrued income490/1€978
Equity and liabilities
Total equity and liabilities10/49€70,367
Equity10/15€34,160
Contributions10/11€3,000
Contributions outside capital11€3,000
Other1109/19€3,000
Profit (loss) carried forward14€31,160
Amounts payable17/49€36,207
Amounts payable within one year42/48€36,192
Trade debts44€27,138
Suppliers440/4€27,138
Taxes, remuneration and social security45€8,633
Taxes450/3€8,633
Other amounts payable47/48€421
Accrued charges and deferred income492/3€16
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,309
Other operating charges640/8€1,624
Gross operating margin9900€44,479
Operating profit (loss)9901€41,546
Financial income75/76B€501
Recurring financial income75€501
Financial charges65/66B€2,387
Recurring financial charges65€2,387
Profit (loss) for the period before taxes9903€39,661
Income taxes67/77€8,501
Profit (loss) for the period9904€31,160
Profit (loss) for the period to be appropriated9905€31,160
Appropriation of the result
Profit (loss) to be appropriated9906€31,160

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,309
Other operating charges640/8€1,624
Gross operating margin9900€44,479
Operating profit (loss)9901€41,546
Financial income75/76B€501
Recurring financial income75€501
Financial charges65/66B€2,387
Recurring financial charges65€2,387
Profit (loss) for the period before taxes9903€39,661
Income taxes67/77€8,501
Profit (loss) for the period9904€31,160
Profit (loss) for the period to be appropriated9905€31,160
Line2025
Assets
Total assets20/58€70,367
Fixed assets21/28€13,855
Tangible fixed assets22/27€13,855
Plant, machinery and equipment23€13,855
Current assets29/58€56,512
Stocks and contracts in progress3€2,884
Stocks30/36€2,884
Amounts receivable within one year40/41€11,435
Trade receivables40€11,315
Other amounts receivable41€120
Cash at bank and in hand54/58€41,216
Deferred charges and accrued income490/1€978
Equity and liabilities
Total equity and liabilities10/49€70,367
Equity10/15€34,160
Contributions10/11€3,000
Contributions outside capital11€3,000
Other1109/19€3,000
Profit (loss) carried forward14€31,160
Amounts payable17/49€36,207
Amounts payable within one year42/48€36,192
Trade debts44€27,138
Suppliers440/4€27,138
Taxes, remuneration and social security45€8,633
Taxes450/3€8,633
Other amounts payable47/48€421
Accrued charges and deferred income492/3€16
Line2025
Profit (loss) for the period9904€31,160
+ Depreciation and write-downs630€1,309
Operating cash flow (approximation)€32,469

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-08-2026 2026-00459801

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 12,758 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.