ACTIVE

ARDO

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Financial year 2025 · Closed on 30/06/2025

Net result5,2 M €+260,2 %over 1 year
Revenue792,8 M €+47,0 %over 1 year
Equity117,7 M €+407,9 %over 1 year
Workforce55,0 ETP+20,4 %over 1 year

Identity

Source · BCE/KBO

ARDO is a Public limited company incorporated in 1988. Its main activity is: Non-specialised wholesale of food, beverages and tobacco. Its registered office is in Ardooie. It employs on average 55,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.803.794
Incorporation
31/03/1988
Legal form
Public limited company
Registered office
Wezestraat 61
8850 Ardooie · FlandreSee on map
Contributed capital
60 118 223,32 €
Latest accounts
30/06/2025
Average workforce
55,0 ETP
Joint committees (1)
  • 220
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue792,8 M €539,2 M €166,2 M €136,5 M €131 M €
EBITDA8,4 M €-2,1 M €1,5 M €2,3 M €599,5 k €
Operating result6,4 M €-2,4 M €1,3 M €2,2 M €555,5 k €
Net result5,2 M €-3,2 M €2,9 M €4,7 M €288,1 k €
Balance sheet
Equity117,7 M €23,2 M €5,7 M €2,7 M €2,1 M €
Total assets211 M €82,5 M €49,7 M €27,3 M €16,7 M €
Cash4 M €4,8 M €1,4 M €2 M €416,2 k €
Debts92,6 M €59,1 M €43,9 M €24,2 M €14,7 M €
Other
Workforce55,0 ETP45,7 ETP30,4 ETP20,9 ETP24,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
SASTRACO0817.731.873Represented by Sabine Sagaert
Director01/09/2024 → 01/12/2026
CONSENSUM0782.292.528Represented by Pieter Verschraegen
Director05/12/2023 → 01/12/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
KMT0750.594.512Represented by Klaas MOUTON
Director10/12/2021 → 2023 accounts
VIMICON0697.701.303Represented by Tijl GOENS
Director28/06/2019 → 2023 accounts

Other companies at this address

Wezestraat 61 8850 Ardooie
CompanyCBE no.
AGORIS● Active
0875.618.307
ARDO ARDOOIE● Active
0416.330.136
ARDO ENERGY● Active
0733.620.502
ARDO FOODS● Active
0859.755.144
ARDO FOODS PILLAR II● Active
1013.798.963
Inero● Active
0679.984.450
RIWARD● Active
0791.911.364
UNIGROW● Active
0875.868.230
VEGRAS● Active
0556.708.239

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/12/202518/12/202420/12/202304/01/202316/12/202103/12/2020
General meeting02/12/202503/12/202405/12/202306/12/202210/12/202101/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202502/12/202510/12/2025DutchPDF
Full model30/06/202403/12/202418/12/2024DutchPDF
Full modelCorrection30/06/202305/12/202325/03/2024DutchPDF
Full model30/06/202305/12/202320/12/2023DutchPDF
Full model30/06/202206/12/202204/01/2023DutchPDF
Full model30/06/202110/12/202116/12/2021DutchPDF
Full model30/06/202001/12/202003/12/2020DutchPDF
Full model30/06/201903/12/201912/12/2019DutchPDF
Abridged model30/09/201823/02/201927/03/2019DutchPDF
Abridged model30/09/201724/12/201729/03/2018DutchPDF
Full model30/09/201625/02/201731/03/2017DutchPDF
Full model30/09/201527/02/201625/03/2016DutchPDF
Full model30/09/201428/02/201526/03/2015DutchPDF
Full model30/09/201322/02/201424/03/2014DutchPDF
Full model30/09/201223/02/201327/03/2013DutchPDF
Full model30/09/201125/02/201228/03/2012DutchPDF
Full model30/09/201026/02/201128/03/2011DutchPDF
Full model30/09/200927/02/201025/03/2010DutchPDF
Full model30/09/200828/02/200926/03/2009DutchPDF
Full model30/09/200711/10/200720/12/2007DutchPDF
Full model30/09/200624/02/200714/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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 30/06/2025

2 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
SASTRACO0817.731.873Represented by Sabine Sagaert
Director01/09/2024 → 01/12/2026
CONSENSUM0782.292.528Represented by Pieter Verschraegen
Director05/12/2023 → 01/12/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
KMT0750.594.512Represented by Klaas MOUTON
Director10/12/2021 → 2023 accounts
VIMICON0697.701.303Represented by Tijl GOENS
Director28/06/2019 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/08/2026
    Benoeming bestuurder - Volmacht
    PDF
  • Mandates19/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/02/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring05/02/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/01/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other19/08/2024
    DIVERSEN
    PDF
  • Other13/08/2024
    DIVERSEN
    PDF
  • Restructuring01/08/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
SASTRACO
CONSENSUM
KMT
VIMICON
RIK JACOB
Jan Haspeslagh
Bernard HASPESLAGH
Paul Haspeslagh
Marc Haspeslagh
Philippe Haspeslagh
Ann de Mûelenaere
198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ARDO
Wezestraat 61, 8850 Ardooie
Director
Director
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Wezestraat 61, 8850 ArdooieCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00580053

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ARDOCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00580053

Events

  1. 2025
    Annual accounts 20255,2 M €↑
  2. 31/12/2024
    augmentation_capital
  3. 31/12/2024
    autre
  4. 19/11/2024
    nominationFrancis Boelens · Commissaris
  5. 01/09/2024
    nominationSastraco BV · bestuurder
  6. 30/06/2024
    augmentation_capital
  7. 2024
    Annual accounts 2024-3,2 M €↓
  8. 14/05/2024
    nominationFrancis Boelens · Commissaris
  9. 31/01/2024
    nominationFrancis Boelens · Commissaris
  10. 05/12/2023
    nominationConsensum BV · bestuurder
  11. 05/12/2023
    nominationGabrielle Kalkwijk · bestuurder
  12. 01/11/2023
    split
  13. 2023
    Annual accounts 20232,9 M €↓
  14. 2022
    Annual accounts 20224,7 M €↑
  15. 10/12/2021
    nominationKMT BV · bestuurder
  16. 10/12/2021
    nominationERNST & YOUNG BEDRIJFSREVISOREN BV · commissaris
  17. 2021
    Annual accounts 2021288,1 k €↑
  18. 2020
    Annual accounts 202015,3 k €↓
  19. 2019
    Annual accounts 2019197,4 k €↑
  20. 2018
    Annual accounts 20185 k €↓
  21. 2017
    Annual accounts 201712,3 k €↓
  22. 2015
    Annual accounts 201541,6 k €↓
  23. 2014
    Annual accounts 201446,6 k €↑
  24. 2013
    Annual accounts 201337,4 k €↑
  25. 2012
    Annual accounts 201226,7 k €↑
  26. 2011
    Annual accounts 2011-280,1 €↑
  27. 2010
    Annual accounts 2010-1,9 k €↓
  28. 2009
    Annual accounts 20092,5 k €↓
  29. 2008
    Annual accounts 200816,2 k €↓
  30. 2007
    Annual accounts 20074,2 M €
  31. 31/03/1988
    IncorporationPublic limited company