ACTIVE

Ardex

Financial year 2025 · Closed on 31/12/2025

Net result-66,6 k €+13,2 %over 1 year

Equity408,7 k €-14,0 %over 1 year

Identity

Source · BCE/KBO

Ardex is a Public limited company incorporated in 1946. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0403.661.441
Incorporation: 04/02/1946
Legal form: Public limited company
Registered office: Borsbeeksebrug 22 box 7
2600 Antwerpen · FlandreSee on map
Contributed capital: 96 736,90 €
Latest accounts: 31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 70203Management consultancy activities

Signals

Solid equity

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	–		–		–		–		–
EBITDA	-58,5 k €	+11.3%	-66 k €	-652%	-8,8 k €	-179%	11,1 k €	-5.7%	11,7 k €
Operating result	-65,3 k €	+14.2%	-76,1 k €	-303%	-18,9 k €	-2145%	924,4 €	-44.5%	1,7 k €
Net result	-66,6 k €	+13.2%	-76,8 k €	-294%	-19,5 k €	-30849%	63,4 €	-89.4%	599,5 €
Balance sheet
Equity	408,7 k €	-14.0%	475,3 k €	-13.9%	552,1 k €	-3.4%	571,6 k €	+0.0%	571,5 k €
Total assets	469 k €	-5.8%	498,1 k €	-11.4%	562,4 k €	-2.2%	574,8 k €	+0.4%	572,7 k €
Cash	800,2 €	-96.3%	21,7 k €	-71.9%	77,5 k €	+12.7%	68,8 k €	-0.3%	69 k €
Debts	60,3 k €	+165%	22,7 k €	+121%	10,3 k €	+216%	3,3 k €	+188%	1,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GUILLERMO0668.357.912Represented by Wim Straetmans	Director01/04/2022 → 02/05/2028
WMA30555.975.987Represented by Walter Masure	Director29/05/2019 → 02/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herroelen0713.752.823Represented by Bart Herroelen	Director31/12/2020 → 2021 accounts
BUILDWAYS0837.864.818Represented by Marc Peeters	Director16/11/2019 → 2019 accounts
Ernst et Young Reviseurs d'Entreprises0446.334.711Represented by Walter Masure	Director29/05/2019 → 2019 accounts

Other companies at this address

Borsbeeksebrug 22 2600 Antwerpen

Company	CBE no.
AMS SENSORS BELGIUM● Active	0893.557.169
ARCADIS BELGIUM - NEY & PARTNERS● Active	0642.639.648
Arthro ID● Active	1011.212.429
BAM ALLIANCE 3● Active	0828.836.294
BAM BELGIUM● Active	0439.552.431
BAM FACILITY MANAGEMENT● Active	0501.723.392
BAM Interbuild● Active	0420.902.596
BAM Maintenance Belgium● Active	0415.038.254
BAM Mat● Active	0401.013.737
BRIDGECITY DEVELOPMENT● Active	1016.234.158
Bruggenbouwer● Active	0793.224.527
BYTEFLIES● Active	0628.669.272
CAMPUS KOEKELBERG● Active	0657.807.973
CITY PROJECTS● Active	0866.631.256
CITY PROPERTY● Active	0876.254.151
DELEERS CAMPUS● Active	0797.112.049
DELEERS RESIDENTIEEL● Active	0797.113.039
DÈVELOPPEMENT FAISANDERIE● Active	0843.318.889
Eandistip● Active	0725.830.313
EPC POORT VAN BEVEREN● Active	0837.363.980

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/05/2026	15/05/2025	14/05/2024	03/05/2023	31/05/2022	20/05/2021
General meeting	05/05/2026	06/05/2025	07/05/2024	02/05/2023	23/05/2022	04/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/05/2026	11/05/2026	Dutch	PDF
Full model	31/12/2024	06/05/2025	15/05/2025	Dutch	PDF
Full model	31/12/2023	07/05/2024	14/05/2024	Dutch	PDF
Full model	31/12/2022	02/05/2023	03/05/2023	Dutch	PDF
Full model	31/12/2021	23/05/2022	31/05/2022	Dutch	PDF
Full model	31/12/2020	04/05/2021	20/05/2021	Dutch	PDF
Full model	31/12/2019	05/05/2020	18/05/2020	Dutch	PDF
Full model	31/12/2018	29/05/2019	11/06/2019	Dutch	PDF
Full model	31/12/2017	01/05/2018	22/05/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	12/06/2017	Dutch	PDF
Full model	31/12/2015	20/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	08/06/2015	07/07/2015	Dutch	PDF
Full modelCorrection	31/12/2013	06/05/2014	26/01/2015	Dutch	PDF
Full model	31/12/2013	06/05/2014	15/10/2014	Dutch	PDF
Full model	31/12/2012	02/09/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	02/05/2012	12/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/05/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/05/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/05/2009	02/07/2010	Dutch	PDF
Abridged model	31/12/2007	06/05/2008	13/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	22/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GUILLERMO0668.357.912Represented by Wim Straetmans	Director01/04/2022 → 02/05/2028
WMA30555.975.987Represented by Walter Masure	Director29/05/2019 → 02/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herroelen0713.752.823Represented by Bart Herroelen	Director31/12/2020 → 2021 accounts
BUILDWAYS0837.864.818Represented by Marc Peeters	Director16/11/2019 → 2019 accounts
Ernst et Young Reviseurs d'Entreprises0446.334.711Represented by Walter Masure	Director29/05/2019 → 2019 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other13/07/2026
—
PDF
Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other03/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/09/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/01/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1946

Name

Registered office

Annual accounts

Filings20 filings

Mandates

WMA3

GUILLERMO

Herroelen

BUILDWAYS

Ernst et Young Reviseurs d'Entreprises

Mark Beyst - Consultancy

TZ'IKIN BVBA

BAM Interbuild

Loots

ALMACON

LOCO BVBA

WT Construct BVBA

Show the 2 other mandates

196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Ardex

Borsbeeksebrug 22 bte 7, 2600 Berchem (Antwerp)

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Borsbeeksebrug 22 bte 7, 2600 Berchem (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00109521

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ArdexCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00109521

Events

2025
Annual accounts 2025-66,6 k €↑
2024
Annual accounts 2024-76,8 k €↓
2023
Annual accounts 2023-19,5 k €↓
2022
Annual accounts 202263,4 €↓
2021
Annual accounts 2021599,5 €↑
2020
Annual accounts 2020126,3 €↓
2019
Annual accounts 20191,1 k €↓
2018
Annual accounts 20186,5 k €↑
2017
Annual accounts 20171,1 k €↓
2016
Annual accounts 20161,8 k €↓
2015
Annual accounts 20151,9 k €↓
2014
Annual accounts 20142,2 k €↓
2013
Annual accounts 20134,8 k €↓
2012
Annual accounts 20128,3 k €↑
2011
Annual accounts 20117,1 k €↑
2010
Annual accounts 2010284,2 €↓
2009
Annual accounts 20097,9 k €↑
2008
Annual accounts 20087,5 k €↑
2007
Annual accounts 20076 k €↓
2006
Annual accounts 20066,9 k €
04/02/1946
IncorporationPublic limited company

Ardex

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events