ACTIVE

FERRERO ARDENNES

Financial year 2025 · Closed on 31/08/2025

Net result11,7 M €+33,0 %over 1 year
Revenue174,2 M €-3,5 %over 1 year
Equity170,4 M €+7,4 %over 1 year
Workforce1 228,1 ETP-0,5 %over 1 year

Identity

Source · BCE/KBO

FERRERO ARDENNES is a Public limited company incorporated in 1988. Its registered office is in Arlon. It employs on average 1 228,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.445.776
Incorporation
27/05/1988
Legal form
Public limited company
Registered office
Rue Pietro-Ferrero 5
6700 Arlon · WallonieSee on map
Contributed capital
115 545 000,00 €
Latest accounts
31/08/2025
Average workforce
1 228,1 ETP
Joint committees (2)
  • 118
  • 220
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue174,2 M €180,5 M €168,6 M €116,5 M €115,8 M €
EBITDA48,7 M €45,4 M €39,7 M €19,9 M €28,8 M €
Operating result17,1 M €14,1 M €12,6 M €1,5 M €10,6 M €
Net result11,7 M €8,8 M €8,3 M €861,9 k €7,4 M €
Balance sheet
Equity170,4 M €158,7 M €149,9 M €141,6 M €140,7 M €
Total assets230,6 M €240,6 M €240,4 M €244,9 M €181 M €
Cash3,5 M €2,9 M €2,3 M €1,9 M €442,8 k €
Debts59,1 M €80,2 M €89 M €101,4 M €38 M €
Other
Workforce1 228,1 ETP1 234,4 ETP1 465,4 ETP1 349,6 ETP1 002,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/08/2025

5 active · 83 ended

Active mandates

Alberto CECI

Director · since 10 février 2025 · until 26 janvier 2026

Active
Daniele PEROTTINO

Director · since 10 février 2025 · until 26 janvier 2026

Active
Enrico CARBONI

Director · since 10 février 2025 · until 26 janvier 2026

Active
Maria CRIVARO

Director · since 10 février 2025 · until 26 janvier 2026

Active
Gabriele BERETTA

Director · since 29 janvier 2024 · until 10 février 2025

Active

Ended mandates

Alberto CECI

Director · since 10 avril 2024 · until 10 février 2025

Ended
Daniele PEROTTINO

Director · since 10 avril 2024 · until 10 février 2025

Ended
Enrico CARBONI

Director · since 10 avril 2024 · until 10 février 2025

Ended
Illario BULGHERONI

Director · since 09 janvier 2024 · until 10 avril 2024

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/02/202611/03/202518/03/202406/03/202328/02/202209/02/2021
General meeting26/01/202610/02/202529/01/202422/02/202331/01/202225/01/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/08/202526/01/202623/02/2026FrenchPDF
Full model31/08/202410/02/202511/03/2025FrenchPDF
Full model31/08/202329/01/202418/03/2024FrenchPDF
Full model31/08/202222/02/202306/03/2023FrenchPDF
Full model31/08/202131/01/202228/02/2022FrenchPDF
Full model31/08/202025/01/202109/02/2021FrenchPDF
Full model31/08/201927/01/202014/02/2020FrenchPDF
Full model31/08/201820/02/201922/02/2019FrenchPDF
Full model31/08/201701/02/201802/02/2018FrenchPDF
Full model31/08/201602/02/201707/02/2017FrenchPDF
Full model31/08/201525/01/201628/01/2016FrenchPDF
Full model31/08/201426/01/201518/02/2015FrenchPDF
Full model31/08/201327/01/201413/02/2014FrenchPDF
Full model31/08/201228/01/201303/04/2013FrenchPDF
Full model31/08/201130/01/201221/02/2012FrenchPDF
Full model31/08/201031/01/201117/02/2011FrenchPDF
Full model31/08/200925/01/201011/02/2010FrenchPDF
Full model31/08/200826/01/200924/02/2009FrenchPDF
Full model31/08/200728/01/200828/02/2008FrenchPDF
Full model31/08/200629/01/200728/02/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 31/08/2025

5 active · 83 ended

Active mandates

Alberto CECI

Director · since 10 février 2025 · until 26 janvier 2026

Active
Daniele PEROTTINO

Director · since 10 février 2025 · until 26 janvier 2026

Active
Enrico CARBONI

Director · since 10 février 2025 · until 26 janvier 2026

Active
Maria CRIVARO

Director · since 10 février 2025 · until 26 janvier 2026

Active
Gabriele BERETTA

Director · since 29 janvier 2024 · until 10 février 2025

Active

Ended mandates

Alberto CECI

Director · since 10 avril 2024 · until 10 février 2025

Ended
Daniele PEROTTINO

Director · since 10 avril 2024 · until 10 février 2025

Ended
Enrico CARBONI

Director · since 10 avril 2024 · until 10 février 2025

Ended
Illario BULGHERONI

Director · since 09 janvier 2024 · until 10 avril 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/09/2020
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202511,7 M €↑
  2. 15/02/2025
    nominationGriet Helsen — représentant permanent du commissaire
  3. 10/02/2025
    reconductionEnrico CARBONI — administrateur
  4. 10/02/2025
    reconductionAlberto CECI — administrateur
  5. 10/02/2025
    reconductionDaniele PEROTTINO — administrateur
  6. 05/02/2025
    nominationMaria CRIVARO — administrateur
  7. 2024
    Annual accounts 20248,8 M €↑
  8. 15/07/2024
    nominationMélanie Adorante — représentant permanent du commissaire
  9. 10/04/2024
    nominationEnrico CARBONI — administrateur
  10. 10/04/2024
    nominationAlberto CECI — administrateur
  11. 10/04/2024
    nominationDaniele PEROTTINO — administrateur
  12. 25/01/2024
    reconductionPricewaterhouseCoopers Réviseurs d'Entreprises — commissaire
  13. 2023
    Annual accounts 20238,3 M €↑
  14. 2022
    Annual accounts 2022861,9 k €↓
  15. 2021
    Annual accounts 20217,4 M €↓
  16. 2020
    Annual accounts 202011,5 M €↑
  17. 2019
    Annual accounts 201910,5 M €↓
  18. 2018
    Annual accounts 201811,2 M €↑
  19. 2017
    Annual accounts 20175,2 M €↓
  20. 2016
    Annual accounts 20168,7 M €↓
  21. 2015
    Annual accounts 201510,2 M €↑
  22. 2014
    Annual accounts 20149,2 M €↑
  23. 2013
    Annual accounts 20139 M €↓
  24. 2012
    Annual accounts 201214 M €↑
  25. 2011
    Annual accounts 201113,7 M €↓
  26. 2010
    Annual accounts 201015 M €↑
  27. 2009
    Annual accounts 200911,5 M €↑
  28. 2007
    Annual accounts 200710,6 M €
  29. 27/05/1988
    IncorporationPublic limited company