ARDUO
ActiveARDUO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €15k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 1887 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▲+57
Solvency13▲+2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.34 in 2024), and 80.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
19.3%
Return on assets
2.2%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1887 sector peers (2025).
NBB · sector comparisonPosition among 1887 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
2 d early
2023
2 d early
2022
5 d early
2021
3 d early
2020
60 d late
2019
91 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 12.9%
2024 · €115k
2018: €6k
2019: €29k
2020: €50k
2021: €65k
2022: €111k
2023: €157k
2024: €115k
2018 → 2025
Total assets
€670k▼ 2.1%
2024 · €685k
2018: €892k
2019: €810k
2020: €820k
2021: €766k
2022: €816k
2023: €776k
2024: €685k
2018 → 2025
Net result
€15k
2024 · €-43k
2018: €-17k
2019: €23k
2020: €21k
2021: €15k
2022: €46k
2023: €47k
2024: €-43k
2018 → 2025
Working capital
€-319k▲ 12.8%
2024 · €-365k
2018: €-655k
2019: €-598k
2020: €-528k
2021: €-504k
2022: €-428k
2023: €-352k
2024: €-365k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€111k▲ 70.4%€157k▲ 42.2%€115k▼ 27.0%€130k▲ 12.9%
Operating result€19k-€82k▲ 337%€94k▲ 14.9%€-3k€48k
Net result€15k-€46k▲ 207%€47k▲ 2.1%€-43k€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €48k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €670k
Fixed assets
€449k▼ 9.8%
Current assets
€221k▲ 18.2%
Equity and liabilities €670k
Equity
€130k▲ 12.9%
Debt
€541k▼ 5.2%
The debt ratio falls from 83.2% to 80.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€101k▲
2024 · €48k
Cash flow
€68k▲
2024 · €9k
Solvency
19.3%▲
2024 · 16.8%
Current ratio
0.41▲
2024 · 0.34
Quick ratio
0.41▲
2024 · 0.34
Debt / equity
4.17▼
2024 · 4.96
ROE
11.4%▲
2024 · -37.1%
ROA
2.2%▲
2024 · -6.2%
Interest coverage
3.03▲
2024 · 1.24
Debt
€541k▼
2024 · €570k
Debt ≤ 1 year
€540k▼
2024 · €552k
Income taxes
€132▼
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€685k€670k▼
Fixed assets21/28€498k€449k▼
Tangible fixed assets22/27€498k€449k▼
Land and buildings22€497k€446k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€1k€3k▲
Current assets29/58€187k€221k▲
Amounts receivable within one year40/41€5k€66k▲
Trade receivables40€5k€54k▲
Other amounts receivable41€488€12k▲
Cash at bank and in hand54/58€179k€154k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€685k€670k▼
Equity10/15€115k€130k▲
Contributions10/11€19k€19k=
Reserves13€96k€111k▲
Distributable reserves133€96k€111k▲
Amounts payable17/49€570k€541k▼
Amounts payable after more than one year17€18k-
Financial debts170/4€18k-
Amounts payable within one year42/48€552k€540k▼
Current portion of amounts payable after more than one year42€21k€18k▼
Trade debts44€778€1k▲
Suppliers440/4€778€1k▲
Taxes, remuneration and social security45€37k€39k▲
Taxes450/3€37k€39k▲
Other amounts payable47/48€493k€482k▼
Accrued charges and deferred income492/3-€935
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€53k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€54k€107k▲
Operating profit (loss)9901€-3k€48k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€39k€33k▼
Recurring financial charges65€39k€33k▼
Profit (loss) for the period before taxes9903€-42k€15k▲
Income taxes67/77€140€132▼
Profit (loss) for the period9904€-43k€15k▲
Profit (loss) for the period to be appropriated9905€-43k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€15k▼
Profit (loss) brought forward from the previous period14P€84k-
Transfer to equity691/2€42k€15k▼
To other reserves6921€42k€15k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-43k ▼191%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €47k ▲2.1%
Operating result €94k, net result €47k, both a record.
31-12
Financial
Equity above €150kEq €157k ▲42.2%
5 profitable years in a row build equity to €157k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €111k ▲70.4%
4 profitable years in a row build equity to €111k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
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.
Directors · office · real estate
Directors
5 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, Hove · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Weldadigheidsstraat 92540 HoveGround area
411 m²
Building footprint
115 m²
Volume, LiDAR
640 m³
Parcel 11021A0192/00E002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARDUO
since 20122.213.235.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0192/00E002 | Flanders | 411 m² | 1 · 115 m² | 8.9 m · 2 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.
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Of 555 companies in sector 25999 we hold annual accounts for 348. 237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2012
Fiscal year end31-12
Activities, NACEBEL
25999Manufacture of fabricated metal products, except machinery and equipment
46499Wholesale of other household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.