ACTIVE

ARDS

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Financial year 2025 · closed on 31/12/2025

Net result

472,8 k €

+185.0% YoY

Gross margin

1,3 M €

+114.3% YoY

Equity

804,5 k €

+142.5% YoY

Workforce

5,8 ETP

+18.4% YoY

What does ARDS do?

ARDS is a Private limited company incorporated in 1999. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Evere. It employs on average 5,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.392.034

Incorporation

01/07/1999

Legal form

Private limited company

Registered office

Rue H. Van Nerom 64
1140 Evere · BruxellesSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Average workforce

5,8 ETP

Activities (NACE)

45201Maintenance and repair of motor vehicles· main 46496Wholesale of other household goods 46496Wholesale of other household goods 50103Sea and coastal passenger water transport 95311Repair of computers and personal and household goods 45111Sale of cars and light motor vehicles+15

Joint committees (1)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	+114%	604,7 k €	+395%	122,2 k €	-59.6%	302,7 k €	+89.9%	159,4 k €	+199%	53,4 k €	+3.1%	51,8 k €	+7.6%	48,1 k €	+48.5%	32,4 k €	+194%	11 k €	+1237%	824,7 €	-70.3%	2,8 k €	-64.6%	7,8 k €	+377%	1,6 k €	+121%	745,2 €	-92.8%	10,3 k €	-7.0%	11,1 k €	+166%	4,2 k €	+23.2%	3,4 k €	-71.9%	12 k €
EBITDA	998,4 k €	+200%	332,3 k €	+1172%	-31 k €	-114%	218,1 k €	+41.5%	154,1 k €	+193%	52,6 k €	+3.0%	51,1 k €	+7.4%	47,6 k €	+49.9%	31,8 k €	+200%	10,6 k €	+4023%	256,4 €	-83.5%	1,6 k €	-76.7%	6,7 k €	+1186%	518,5 €	+273%	-299,2 €	-103%	9,1 k €	-8.9%	10 k €	+513%	1,6 k €	-23.6%	2,1 k €	-79.8%	10,5 k €
Operating result	686,4 k €	+191%	236,2 k €	+372%	-86,8 k €	-147%	183,1 k €	+41.7%	129,3 k €	+271%	34,8 k €	-1.2%	35,2 k €	-8.8%	38,6 k €	+57.0%	24,6 k €	+172%	9,1 k €	+816%	-1,3 k €	-197%	1,3 k €	-73.8%	5 k €	+234%	-3,7 k €	+18.1%	-4,5 k €	-195%	4,8 k €	-42.2%	8,2 k €	+1148%	-785 €	-158%	1,4 k €	-83.3%	8,1 k €
Net result	472,8 k €	+185%	165,9 k €	+245%	-114,2 k €	-190%	126,2 k €	+25.2%	100,8 k €	+232%	30,3 k €	-11.6%	34,3 k €	-10.4%	38,3 k €	+58.2%	24,2 k €	+204%	8 k €	+435%	-2,4 k €	-2506%	98,8 €	-96.9%	3,2 k €	+159%	-5,4 k €	+11.6%	-6,1 k €	-301%	3,1 k €	-56.5%	7 k €	+338%	-3 k €	-696%	496 €	-92.4%	6,5 k €
Balance sheet
Equity	804,5 k €	+143%	331,7 k €	+100%	165,8 k €	-40.8%	280 k €	+82.0%	153,8 k €	+190%	53,1 k €	+133%	22,7 k €	+297%	-11,6 k €	+76.8%	-49,8 k €	+32.7%	-74 k €	+9.7%	-82 k €	-3.0%	-79,6 k €	+0.1%	-79,7 k €	+3.9%	-82,9 k €	-7.0%	-77,5 k €	-8.6%	-71,4 k €	+4.1%	-74,4 k €	+8.6%	-81,5 k €	-3.8%	-78,5 k €	+0.6%	-79 k €
Total assets	2,1 M €	+29.5%	1,6 M €	+7.9%	1,5 M €	+36.2%	1,1 M €	+37.5%	813,7 k €	+175%	296,1 k €	+20.7%	245,3 k €	+111%	116 k €	+85.5%	62,5 k €	+533%	9,9 k €	-70.9%	34 k €	+95.2%	17,4 k €	+91.1%	9,1 k €	+33.3%	6,8 k €	-42.8%	11,9 k €	-40.9%	20,2 k €	+50.4%	13,4 k €	+65.9%	8,1 k €	-17.6%	9,8 k €	-65.3%	28,3 k €
Cash	134,4 k €	+110%	63,9 k €	+814%	7 k €	-88.4%	60,3 k €	+552%	9,3 k €	-75.6%	37,9 k €	-4.1%	39,5 k €	-21.6%	50,4 k €	+57.3%	32 k €	+708%	4 k €	-11.7%	4,5 k €	+124%	2 k €	+241%	587,9 €	+164%	223,1 €	+1153%	17,8 €	-99.6%	4,3 k €	+883%	435,6 €	-15.8%	517 €	-82.3%	2,9 k €	+345%	655 €
Debts	1,3 M €	+1.0%	1,3 M €	-3.1%	1,4 M €	+61.7%	838,3 k €	+27.0%	659,9 k €	+171%	243,1 k €	+9.2%	222,5 k €	+74.5%	127,6 k €	+13.5%	112,4 k €	+33.9%	83,9 k €	-27.6%	116 k €	+19.5%	97 k €	+9.4%	88,7 k €	-1.1%	89,6 k €	+0.4%	89,3 k €	-2.3%	91,4 k €	+4.2%	87,7 k €	-1.9%	89,4 k €	+1.3%	88,3 k €	-17.5%	107,1 k €
Other
Workforce	5,8 ETP	+18.4%	4,9 ETP	+58.1%	3,1 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Silas VAN DROGENBROECK

Director · since 23 mars 2023

Active

Ended mandates

Benjamin de Sauvage

Manager · since 30 septembre 2016

Ended

Raoul de Sauvage

Manager · since 24 juin 1999 · until 30 septembre 2016

Ended

Benjamin de SAUVAGE

Director · until 23 mars 2023

Ended

Benjamin de SAUVAGE

Director

Ended

At this address

Other companies at this address

Company	CBE no.
de HALLEUX● Active	0437.516.619
GEEKO● Active	0849.226.288
NIAGARA GROUP● Active	0837.431.187

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	29/05/2026	16/04/2025	10/10/2024	22/08/2023	10/11/2022	22/07/2021
General meeting	28/05/2026	07/04/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	29/05/2026	French	PDF
Abridged model	31/12/2024	07/04/2025	16/04/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	10/10/2024	French	PDF
Micro model	31/12/2022	07/06/2023	22/08/2023	French	PDF
Micro model	31/12/2021	01/06/2022	10/11/2022	French	PDF
Micro model	31/12/2020	02/06/2021	22/07/2021	French	PDF
Micro model	31/12/2019	03/06/2020	12/11/2020	French	PDF
Micro model	31/12/2018	05/06/2019	08/10/2019	French	PDF
Micro model	31/12/2017	06/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	02/06/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	11/08/2011	French	PDF
Abridged model	31/12/2009	03/06/2010	09/07/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	04/08/2009	French	PDF
Abridged model	31/12/2007	04/06/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	06/06/2007	16/08/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Silas VAN DROGENBROECK

Director · since 23 mars 2023

Active

Ended mandates

Benjamin de Sauvage

Manager · since 30 septembre 2016

Ended

Raoul de Sauvage

Manager · since 24 juin 1999 · until 30 septembre 2016

Ended

Benjamin de SAUVAGE

Director · until 23 mars 2023

Ended

Benjamin de SAUVAGE

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates29/11/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates09/02/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates22/11/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/03/2006
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025472,8 k €↑
2024
Annual accounts 2024165,9 k €↑
2023
Annual accounts 2023-114,2 k €↓
2023
Name changeARDS - NIAGARA CARS
2022
Annual accounts 2022126,2 k €↑
2021
Annual accounts 2021100,8 k €↑
2021
Name changeLes Automobiles Raoul de Sauvage
2020
Annual accounts 202030,3 k €↓
2019
Annual accounts 201934,3 k €↓
2018
Annual accounts 201838,3 k €↑
2017
Annual accounts 201724,2 k €↑
2016
Annual accounts 20168 k €↑
2015
Annual accounts 2015-2,4 k €↓
2014
Annual accounts 201498,8 €↓
2013
Annual accounts 20133,2 k €↑
2012
Annual accounts 2012-5,4 k €↑
2011
Annual accounts 2011-6,1 k €↓
2010
Annual accounts 20103,1 k €↓
2009
Annual accounts 20097 k €↑
2008
Annual accounts 2008-3 k €↓
2007
Annual accounts 2007496 €↓
2006
Annual accounts 20066,5 k €
01/07/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ARDS

Overview

What does ARDS do?

Trend over 20 financial years

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