ACTIVE

ARDOR

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Financial year 2025 · closed on 31/12/2025

Net result

91,7 k €

+17.0% YoY

Revenue

4,2 M €

+21.1% YoY

Equity

758,7 k €

+0.9% YoY

Workforce

28,4 ETP

+13.1% YoY

What does ARDOR do?

ARDOR is a Private limited company incorporated in 2001. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Diest. It employs on average 28,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.127.666

Incorporation

21/11/2001

Legal form

Private limited company

Registered office

Herrestraat 17
3294 Diest · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

28,4 ETP

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (4)

149
14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2007		2006
Income statement
Revenue	4,2 M €	+21.1%	3,5 M €	-2.9%	3,6 M €	+15.6%	3,1 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	244,3 k €	+21.6%	200,9 k €	-34.6%	307,2 k €	+59.9%	192,2 k €	+41.4%	136 k €	-22.1%	174,4 k €	-29.7%	248 k €	-29.3%	350,9 k €	+70.8%	205,5 k €	+357%	44,9 k €	+44.4%	31,1 k €	+328%	-13,6 k €	-125%	55 k €	+61.1%	34,1 k €	-20.6%	43 k €	-78.2%	197,7 k €	+1356%	-15,7 k €	-71.8%	-9,2 k €
Operating result	162,6 k €	+45.2%	112 k €	-51.0%	228,7 k €	+116%	106 k €	+8.8%	97,4 k €	-35.1%	150 k €	-33.1%	224,4 k €	-29.0%	316,1 k €	+71.8%	183,9 k €	+494%	31 k €	+439%	5,7 k €	+116%	-36,8 k €	-218%	31,2 k €	+847%	3,3 k €	-59.0%	8 k €	-93.7%	127,2 k €	+592%	-25,8 k €	-72.1%	-15 k €
Net result	91,7 k €	+17.0%	78,4 k €	-38.2%	126,9 k €	+133%	54,6 k €	+2.8%	53,1 k €	-38.5%	86,3 k €	-34.5%	131,7 k €	-27.8%	182,6 k €	+72.6%	105,8 k €	+566%	15,9 k €	+491%	2,7 k €	+107%	-38,8 k €	-283%	21,2 k €	+393%	4,3 k €	-24.9%	5,7 k €	-94.6%	105,9 k €	+508%	-26 k €	-48.8%	-17,4 k €
Balance sheet
Equity	758,7 k €	+0.9%	752 k €	+11.6%	673,5 k €	-13.2%	775,8 k €	+7.6%	721,3 k €	+7.9%	668,2 k €	+14.8%	581,9 k €	+29.3%	450,2 k €	+68.2%	267,6 k €	+598%	38,4 k €	+70.6%	22,5 k €	+13.6%	19,8 k €	-66.2%	58,6 k €	+56.8%	37,4 k €	+13.0%	33,1 k €	+20.9%	27,3 k €	+135%	-78,6 k €	-49.3%	-52,6 k €
Total assets	1,4 M €	+8.4%	1,3 M €	+2.4%	1,3 M €	-10.4%	1,5 M €	+8.1%	1,3 M €	+20.0%	1,1 M €	+35.0%	831,3 k €	+30.4%	637,6 k €	+47.9%	431,1 k €	+54.7%	278,7 k €	-15.0%	327,7 k €	-0.0%	327,7 k €	+3.7%	316,1 k €	+82.5%	173,2 k €	+23.6%	140,1 k €	+40.3%	99,9 k €	+166%	37,6 k €	+42.1%	26,4 k €
Cash	322,8 k €	+49.5%	215,9 k €	+4.7%	206,1 k €	+81.2%	113,8 k €	+43.1%	79,5 k €	-65.6%	230,8 k €	-7.9%	250,6 k €	+2.5%	244,6 k €	+160%	94,1 k €	+179%	33,8 k €	+20.6%	28 k €	+1256%	2,1 k €	-83.4%	12,5 k €	+52.4%	8,2 k €	-19.0%	10,1 k €	+310%	2,5 k €	-49.4%	4,9 k €	-9.3%	5,4 k €
Debts	619,8 k €	+26.5%	490 k €	-8.7%	536,5 k €	-20.9%	678,6 k €	+9.0%	622,4 k €	+65.3%	376,4 k €	+79.4%	209,8 k €	+32.1%	158,8 k €	+1.2%	157 k €	-32.9%	234,1 k €	-22.0%	300 k €	-2.6%	307,9 k €	+19.6%	257,5 k €	+89.6%	135,8 k €	+26.8%	107,1 k €	+47.6%	72,5 k €	-37.5%	116,1 k €	+46.9%	79 k €
Other
Workforce	28,4 ETP	+13.1%	25,1 ETP	-3.5%	26,0 ETP	+17.1%	22,2 ETP	+16.2%	19,1 ETP	+13.0%	16,9 ETP	+25.2%	13,5 ETP	+46.7%	9,2 ETP	+24.3%	7,4 ETP	+39.6%	5,3 ETP	-1.9%	5,4 ETP	+25.6%	4,3 ETP	+87.0%	2,3 ETP	+1050%	0,2 ETP		–		–		–		0,3 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 · 2 active · 4 ended

Active mandates

Willy Boons

Mandate

Active

Wim Boons

Mandate

Active

Ended mandates

Willy Boons

Director

Ended

Willy Boons

Manager

Ended

Wim Boons

Director

Ended

Wim Boons

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/07/2026	24/07/2025	23/07/2024	27/07/2023	29/06/2022	29/07/2021
General meeting	08/07/2026	27/06/2025	28/06/2024	27/06/2023	24/06/2022	25/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/07/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	23/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	17/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	22/08/2019	Dutch	PDF
Abridged model	30/09/2017	23/02/2018	28/03/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	29/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	20/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	29/04/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	01/03/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	24/04/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	24/03/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	13/04/2010	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	28/11/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	16/08/2007	Dutch	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 · 2 active · 4 ended

Active mandates

Willy Boons

Mandate

Active

Wim Boons

Mandate

Active

Ended mandates

Willy Boons

Director

Ended

Willy Boons

Manager

Ended

Wim Boons

Director

Ended

Wim Boons

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Other16/10/2018
ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office08/02/2012
ALGEMENE VERGADERING - BENAMING - MAATSCHAPPELIJKE ZETEL
PDF
Other22/10/2009
DOEL
PDF
Other09/01/2009
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/11/2007
ONTSLAGEN - BENOEMINGEN
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 202591,7 k €↑
2024
Annual accounts 202478,4 k €↓
2023
Annual accounts 2023126,9 k €↑
2022
Annual accounts 202254,6 k €↑
2021
Annual accounts 202153,1 k €↓
2020
Annual accounts 202086,3 k €↓
2019
Annual accounts 2019131,7 k €↓
2018
Annual accounts 2018182,6 k €↑
2017
Annual accounts 2017105,8 k €↑
2015
Annual accounts 201515,9 k €↑
2014
Annual accounts 20142,7 k €↑
2013
Annual accounts 2013-38,8 k €↓
2012
Annual accounts 201221,2 k €↑
2011
Annual accounts 20114,3 k €↓
2011
Name changeArdor BV
2010
Annual accounts 20105,7 k €↓
2009
Annual accounts 2009105,9 k €↑
2007
Annual accounts 2007-26 k €↓
2006
Annual accounts 2006-17,4 k €
2006
Name changeADWIBO
21/11/2001
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

ARDOR

Overview

What does ARDOR do?

Trend over 18 financial years

Indicative valuation

Board of directors

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