ACTIVE

ARDEL

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Financial year 2025 · Closed on 31/12/2025

Net result181,9 k €+446,8 %over 1 year

Gross margin25,1 k €-21,2 %over 1 year

Equity1,4 M €+14,9 %over 1 year

Identity

Source · BCE/KBO

ARDEL is a Public limited company incorporated in 1989. Its registered office is in Maaseik.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0437.213.741
Incorporation: 12/04/1989
Legal form: Public limited company
Registered office: Maastrichtersteenweg 28
3680 Maaseik · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	25,1 k €	-21.2%	31,9 k €	+32.5%	24,1 k €	-39.1%	39,6 k €	+18.6%	33,4 k €
EBITDA	10,2 k €	-39.7%	16,9 k €	+79.2%	9,5 k €	-63.0%	25,5 k €	+24.9%	20,4 k €
Operating result	9,3 k €	-42.1%	16 k €	+91.1%	8,4 k €	-65.4%	24,2 k €	+26.7%	19,1 k €
Net result	181,9 k €	+447%	33,3 k €	+37.6%	24,2 k €	+114%	-170,2 k €	-402%	56,4 k €
Balance sheet
Equity	1,4 M €	+14.9%	1,2 M €	+2.8%	1,2 M €	+2.1%	1,2 M €	-12.8%	1,3 M €
Total assets	1,5 M €	+18.8%	1,2 M €	+3.1%	1,2 M €	-3.9%	1,3 M €	-6.3%	1,3 M €
Cash	93,7 k €	-65.9%	275 k €	+433%	51,6 k €	-78.9%	244,1 k €	-15.3%	288,1 k €
Debts	77,1 k €	+449%	14 k €	+35.0%	10,4 k €	-86.9%	79,7 k €	+698%	10 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Didier Delvaux	Director12/08/2021 → 31/05/2027
Raymond Delvaux	Managing director12/08/2021 → 31/05/2027Director12/08/2021 → 2024 accountsended
Yve Delvaux	Director12/08/2021 → 31/07/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André De heer DELVAUX	Managing director12/08/2021 → 12/05/2023
André Delvaux	Managing director12/08/2021 → 2022 accounts
DIDIER De heer DELVAUX	Director12/08/2021 → 2023 accounts
Raymond De heer DELVAUX	Director12/08/2021 → 2023 accounts

Other companies at this address

Maastrichtersteenweg 28 3680 Maaseik

Company	CBE no.
CHRICAM● Active	0799.778.361
CYDEL● Active	0771.289.659
PIPPA● Active	0799.778.262

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/07/2026	25/07/2025	30/08/2024	16/10/2023	25/08/2022	27/08/2021
General meeting	30/06/2026	30/06/2025	27/08/2024	31/08/2023	17/08/2022	12/08/2021
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

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Micro model	31/12/2023	27/08/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	31/08/2023	16/10/2023	Dutch	PDF
Micro model	31/12/2021	17/08/2022	25/08/2022	Dutch	PDF
Micro model	31/12/2020	12/08/2021	27/08/2021	Dutch	PDF
Micro model	31/12/2019	26/08/2020	01/09/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	31/05/2018	01/06/2018	Dutch	PDF
Micro model	31/12/2016	31/05/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	29/04/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	25/02/2013	11/04/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	07/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	01/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Didier Delvaux	Director12/08/2021 → 31/05/2027
Raymond Delvaux	Managing director12/08/2021 → 31/05/2027Director12/08/2021 → 2024 accountsended
Yve Delvaux	Director12/08/2021 → 31/07/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André De heer DELVAUX	Managing director12/08/2021 → 12/05/2023
André Delvaux	Managing director12/08/2021 → 2022 accounts
DIDIER De heer DELVAUX	Director12/08/2021 → 2023 accounts
Raymond De heer DELVAUX	Director12/08/2021 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other14/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other16/01/2018
NV: buitengewone algemene vergadering
PDF
Mandates17/07/2015
HERBENOEMING RAAD VAN BESTUUR
PDF
Restructuring24/07/2013
BENAMING - ALGEMENE VERGADERING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/05/2013
FUSIEVOORSTEL HOUDENDE DE FUSIE DOOR OVERNEMING VAN DE
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

Filings20 filings

Mandates

Didier Delvaux

Yve Delvaux

Raymond Delvaux

YVE De heer DELVAUX

DIDIER De heer DELVAUX

Raymond De heer DELVAUX

André Delvaux

André De heer DELVAUX

Yves De heer DELVAUX

ARDEL

Yves DELVAUX

198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

ARDEL

Maastrichtersteenweg 28, 3680 Maaseik

Director

Managing directorDirector

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Maastrichtersteenweg 28, 3680 MaaseikCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00353629

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ARDELCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00353629

Events

2025
Annual accounts 2025181,9 k €↑
2024
Annual accounts 202433,3 k €↑
2023
Annual accounts 202324,2 k €↑
2022
Annual accounts 2022-170,2 k €↓
2021
Annual accounts 202156,4 k €↑
2020
Annual accounts 2020-6,2 k €↑
2019
Annual accounts 2019-260,9 k €↓
2018
Annual accounts 20189,7 k €↓
2017
Annual accounts 201780,5 k €↑
2016
Annual accounts 201662,5 k €↓
2015
Annual accounts 2015101,8 k €↑
2014
Annual accounts 201473,9 k €↓
2013
Annual accounts 2013129,4 k €↑
2012
Annual accounts 201269 k €↑
2011
Annual accounts 20115,9 k €↑
2010
Annual accounts 20101,5 k €↓
2009
Annual accounts 20093,5 k €↓
2008
Annual accounts 2008165,7 k €↓
2007
Annual accounts 2007170,6 k €↓
2006
Annual accounts 2006179,3 k €
12/04/1989
IncorporationPublic limited company

ARDEL

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