ACTIVE

ARDENNES

Financial year 2025 · Closed on 31/12/2025

Net result
9,3 k €
+51,8 %over 1 year
Gross margin
372,9 k €
+7,8 %over 1 year
Equity
465,5 k €
+1,7 %over 1 year

Identity

Source · BCE/KBO

ARDENNES is a Public limited company incorporated in 1998. Its registered office is in Lierneux.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.358.706
Incorporation
13/05/1998
Legal form
Public limited company
Registered office
Petit-Sart 38 box C
4990 Lierneux · WallonieSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 102
  • 10211
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin372,9 k €345,9 k €341,3 k €312,6 k €426,6 k €
EBITDA205,8 k €206 k €168,6 k €135,5 k €240,7 k €
Operating result40,6 k €37,1 k €30,5 k €48,5 k €140,2 k €
Net result9,3 k €6,1 k €5,5 k €30,8 k €87 k €
Balance sheet
Equity465,5 k €457,8 k €455,8 k €454,5 k €428 k €
Total assets847,6 k €891,2 k €973,8 k €873,6 k €846,1 k €
Cash16,1 k €18 k €1,8 k €17,4 k €26 k €
Debts378,8 k €430,7 k €514,6 k €415,6 k €415,9 k €
Other
Workforce––3,6 ETP3,3 ETP3,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

Anne-Katrien CELIS

Director · since 26 avril 2023 · until 26 avril 2029

Active
LUXEMBOURG DEVELOPPEMENT

Director · since 26 avril 2023 · until 26 avril 2029 · 0862.540.628

Represented by Florence STASSER

Active
Maurice CELIS

Director · since 26 avril 2023 · until 26 avril 2029

Active

Ended mandates

Arnaud CAVE

Director · since 30 mars 2017 · until 30 mars 2023

Ended
LUXEMBOURG DEVELOPPEMENT

Director · since 30 mars 2017 · until 30 mars 2023 · 0862.540.628

Represented by Natascha HOLPER

Ended
Anne-Katrien CELIS

Director · since 10 mars 2017 · until 10 mars 2023

Ended
Maurice CELIS

Director · since 10 mars 2017 · until 10 mars 2023

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202602/07/202521/06/202423/08/202325/07/202207/08/2021
General meeting26/06/202624/06/202507/06/202418/08/202330/06/202206/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202602/07/2026FrenchPDF
Micro model31/12/202424/06/202502/07/2025FrenchPDF
Abridged model31/12/202307/06/202421/06/2024FrenchPDF
Abridged model31/12/202218/08/202323/08/2023FrenchPDF
Abridged model31/12/202130/06/202225/07/2022FrenchPDF
Abridged model31/12/202006/07/202107/08/2021FrenchPDF
Abridged model31/12/201904/09/202015/09/2020FrenchPDF
Abridged model31/12/201812/06/201903/09/2019FrenchPDF
Abridged model31/12/201729/06/201830/08/2018FrenchPDF
Abridged model31/12/201627/02/201720/06/2017FrenchPDF
Abridged model31/12/201527/05/201630/05/2016DutchPDF
Abridged model31/12/201410/06/201506/07/2015DutchPDF
Abridged model31/12/201311/06/201402/07/2014DutchPDF
Abridged model31/12/201231/07/201330/08/2013DutchPDF
Abridged model31/12/201113/06/201231/08/2012DutchPDF
Abridged model31/12/201008/06/201128/06/2011DutchPDF
Abridged model31/12/200909/06/201002/07/2010DutchPDF
Abridged model30/06/200810/12/200813/02/2009DutchPDF
Abridged model30/06/200712/12/200708/01/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 9 ended

Active mandates

Anne-Katrien CELIS

Director · since 26 avril 2023 · until 26 avril 2029

Active
LUXEMBOURG DEVELOPPEMENT

Director · since 26 avril 2023 · until 26 avril 2029 · 0862.540.628

Represented by Florence STASSER

Active
Maurice CELIS

Director · since 26 avril 2023 · until 26 avril 2029

Active

Ended mandates

Arnaud CAVE

Director · since 30 mars 2017 · until 30 mars 2023

Ended
LUXEMBOURG DEVELOPPEMENT

Director · since 30 mars 2017 · until 30 mars 2023 · 0862.540.628

Represented by Natascha HOLPER

Ended
Anne-Katrien CELIS

Director · since 10 mars 2017 · until 10 mars 2023

Ended
Maurice CELIS

Director · since 10 mars 2017 · until 10 mars 2023

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office15/07/2025
    SIEGE SOCIAL
    PDF
  • Other28/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates16/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/11/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares20/04/2017
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/04/2017
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    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 20259,3 k €↑
  2. 2024
    Annual accounts 20246,1 k €↑
  3. 2023
    Annual accounts 20235,5 k €↓
  4. 2022
    Annual accounts 202230,8 k €↓
  5. 2021
    Annual accounts 202187 k €↑
  6. 2020
    Annual accounts 202070,7 k €↑
  7. 2019
    Annual accounts 201918,4 k €↑
  8. 2018
    Annual accounts 201813,1 k €↑
  9. 2017
    Annual accounts 2017-41,6 k €↓
  10. 2016
    Annual accounts 201660,3 k €↓
  11. 2015
    Annual accounts 201585,3 k €↑
  12. 2014
    Annual accounts 201440,6 k €↑
  13. 2013
    Annual accounts 20133,5 k €↑
  14. 2012
    Annual accounts 2012-7,7 k €↓
  15. 2011
    Annual accounts 20114,9 k €↓
  16. 2010
    Annual accounts 20105,2 k €↓
  17. 2009
    Annual accounts 20097 k €↑
  18. 2008
    Annual accounts 2008-20,6 k €↓
  19. 2007
    Annual accounts 20073,3 k €
  20. 13/05/1998
    IncorporationPublic limited company