ACTIVE

ARDO FOODS

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Financial year 2025 · Closed on 30/06/2025

Net result-24 M €+41,1 %over 1 year

Revenue850,3 M €+70,8 %over 1 year

Equity51,4 M €-31,9 %over 1 year

Workforce120,6 ETP+2,6 %over 1 year

Identity

Source · BCE/KBO

ARDO FOODS is a Public limited company incorporated in 2003. Its main activity is: Activities of head offices. Its registered office is in Ardooie. It employs on average 120,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0859.755.144
Incorporation: 24/07/2003
Legal form: Public limited company
Registered office: Wezestraat 61
8850 Ardooie · FlandreSee on map
Contributed capital: 50 000 000,00 €
Latest accounts: 30/06/2025
Average workforce: 120,6 ETP

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 70200Management consultancy activities 70220Business and other management consultancy activities 74151Specialised design activities 74142Specialised design activities

Joint committees (2)

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 34 filings

Trend over 18 financial years

	2025		2024		2023		2022		2020
Income statement
Revenue	850,3 M €	+70.8%	497,8 M €	+339%	113,3 M €		–		–
EBITDA	-31,7 M €	+4.4%	-33,2 M €	-24.9%	-26,6 M €	-2139%	-1,2 M €	-1846%	68 k €
Operating result	-43,8 M €	-7.8%	-40,6 M €	-40.3%	-28,9 M €	-1407%	-1,9 M €	-2925%	68 k €
Net result	-24 M €	+41.1%	-40,8 M €	-60.6%	-25,4 M €	-182%	30,9 M €	+18.1%	26,2 M €
Balance sheet
Equity	51,4 M €	-31.9%	75,4 M €	-40.2%	126,2 M €	-26.9%	172,6 M €	+45.7%	118,4 M €
Total assets	698,4 M €	+7.4%	650,5 M €	+26.8%	513 M €	+64.1%	312,6 M €	+76.3%	177,4 M €
Cash	12 M €	-61.8%	31,5 M €	-3.5%	32,6 M €	+88.1%	17,3 M €	+27219%	63,5 k €
Debts	644 M €	+12.5%	572,6 M €	+49.1%	384,1 M €	+174%	140 M €	+138%	58,8 M €
Other
Workforce	120,6 ETP	+2.6%	117,6 ETP	+13.8%	103,3 ETP	-8.4%	112,8 ETP	+2300%	4,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

9 active · 15 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TNFO0778.919.797Represented by Anouk Schoors	Director11/03/2024 → 01/12/2026
Bernard HASPESLAGH	Director05/12/2023 → 01/12/2026Managing director01/07/2015 → 2023 accountsended
Coformaco Manage0627.842.396Represented by Conny Vandendriessche	Director01/02/2021 → 01/12/2026
Jan HASPESLAGH	Director01/12/2020 → 01/12/2026Managing director01/07/2015 → 2020 accountsended
Jules Noten0548.770.570Represented by Jules Noten	Chairman of the board of directors01/07/2021 → 01/12/2026
Liesbeth Haspeslagh	Director05/12/2023 → 01/12/2026
Michel HASPESLAGH	Director02/07/2022 → 02/12/2025
Stefaan Decraene	Director01/08/2016 → 01/12/2026
VASTICOM0551.837.750Represented by Jan Vander Stichele	Director01/02/2021 → 01/12/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Euro Invest Management0463.587.150Represented by Frédérik Haspeslagh	Directorlisted until the 2022 accounts
CATAMAR0466.202.388Represented by Marc Haspaeslagh	Director01/12/2020 → 2023 accounts
Haspeslagh - de Mûelenaere - Koolskamp0461.788.690Represented by Paul Haspeslagh	Director01/12/2020 → 2022 accounts
Ignace HASPESLAGH	Director01/12/2020 → 2023 accounts

Other companies at this address

Wezestraat 61 8850 Ardooie

Company	CBE no.
AGORIS● Active	0875.618.307
ARDO● Active	0433.803.794
ARDO ARDOOIE● Active	0416.330.136
ARDO ENERGY● Active	0733.620.502
ARDO FOODS PILLAR II● Active	1013.798.963
Inero● Active	0679.984.450
RIWARD● Active	0791.911.364
UNIGROW● Active	0875.868.230
VEGRAS● Active	0556.708.239

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/12/2025	18/12/2024	18/12/2023	04/01/2023	22/12/2021	06/01/2021
General meeting	02/12/2025	03/12/2024	05/12/2023	06/12/2022	10/12/2021	01/12/2020
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, 34 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	02/12/2025	15/12/2025	Dutch	PDF
Full model	30/06/2024	03/12/2024	18/12/2024	Dutch	PDF
Full model	30/06/2023	05/12/2023	18/12/2023	Dutch	PDF
Full model	30/06/2022	06/12/2022	04/01/2023	Dutch	PDF
Full model	30/06/2021	10/12/2021	22/12/2021	Dutch	PDF
Consolidated accounts	30/06/2021	10/12/2021	21/12/2021	Dutch	PDF
Full model	30/06/2020	01/12/2020	08/12/2020	Dutch	PDF
Consolidated accounts	30/06/2020	01/12/2020	06/01/2021	Dutch	PDF
Full model	30/06/2019	03/12/2019	20/12/2019	Dutch	PDF
Consolidated accounts	30/06/2019	03/12/2019	18/12/2019	Dutch	PDF
Full model	30/06/2018	04/12/2018	12/12/2018	Dutch	PDF
Consolidated accounts	30/06/2018	04/12/2018	17/12/2018	Dutch	PDF
Full model	30/06/2017	05/12/2017	13/12/2017	Dutch	PDF
Consolidated accounts	30/06/2017	05/12/2017	18/12/2017	Dutch	PDF
Full model	30/06/2016	15/12/2016	16/12/2016	Dutch	PDF
Consolidated accounts	30/06/2016	15/12/2016	27/12/2016	Dutch	PDF
Full model	30/06/2015	17/12/2015	21/12/2015	Dutch	PDF
Consolidated accounts	30/06/2015	17/12/2015	22/12/2015	Dutch	PDF
Full model	31/12/2013	25/06/2014	26/06/2014	Dutch	PDF
Consolidated accounts	31/12/2013	25/06/2014	09/07/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	24/06/2013	Dutch	PDF
Consolidated accounts	31/12/2012	18/06/2013	24/06/2013	Dutch	PDF
Full model	31/12/2011	19/06/2012	26/06/2012	Dutch	PDF
Consolidated accounts	31/12/2011	25/06/2012	18/07/2012	Dutch	PDF

View all 34 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 30/06/2025

9 active · 15 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TNFO0778.919.797Represented by Anouk Schoors	Director11/03/2024 → 01/12/2026
Bernard HASPESLAGH	Director05/12/2023 → 01/12/2026Managing director01/07/2015 → 2023 accountsended
Coformaco Manage0627.842.396Represented by Conny Vandendriessche	Director01/02/2021 → 01/12/2026
Jan HASPESLAGH	Director01/12/2020 → 01/12/2026Managing director01/07/2015 → 2020 accountsended
Jules Noten0548.770.570Represented by Jules Noten	Chairman of the board of directors01/07/2021 → 01/12/2026
Liesbeth Haspeslagh	Director05/12/2023 → 01/12/2026
Michel HASPESLAGH	Director02/07/2022 → 02/12/2025
Stefaan Decraene	Director01/08/2016 → 01/12/2026
VASTICOM0551.837.750Represented by Jan Vander Stichele	Director01/02/2021 → 01/12/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Euro Invest Management0463.587.150Represented by Frédérik Haspeslagh	Directorlisted until the 2022 accounts
CATAMAR0466.202.388Represented by Marc Haspaeslagh	Director01/12/2020 → 2023 accounts
Haspeslagh - de Mûelenaere - Koolskamp0461.788.690Represented by Paul Haspeslagh	Director01/12/2020 → 2022 accounts
Ignace HASPESLAGH	Director01/12/2020 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/07/2026
Benoeming commissaris en bestuurders - Volmacht
PDF
Capital / shares24/07/2026
KAPITAAL, AANDELEN
PDF
Mandates07/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other12/09/2022
DIVERSEN - DOEL
PDF
Mandates31/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2021
ONTSLAGEN - BENOEMINGEN
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

Filings18 filings

Mandates

TNFO

Jules Noten

VASTICOM

Coformaco Manage

Liesbeth Haspeslagh

Stefaan Decraene

Michel HASPESLAGH

Jan HASPESLAGH

Bernard HASPESLAGH

Euro Invest Management

Haspeslagh - de Mûelenaere - Koolskamp

CATAMAR

Show the 12 other mandates

200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ARDO FOODS

Wezestraat 61, 8850 Ardooie

Director

Chairman of the board of directors

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wezestraat 61, 8850 ArdooieCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00581726

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ARDO FOODSCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00581726

Events

2025
Annual accounts 2025-24 M €↑
2024
Annual accounts 2024-40,8 M €↓
11/03/2024
nominationTNFO NV · bestuurder
01/03/2024
nominationEveline Maertens · dagelijks bestuur
01/01/2024
nominationTijl Goens · directeur
05/12/2023
reconductionLiesbeth Haspeslagh · bestuurder
05/12/2023
reconductionJan Haspeslagh · bestuurder
05/12/2023
reconductionBernard Haspeslagh · bestuurder
05/12/2023
reconductionMichel Haspeslagh · bestuurder
05/12/2023
reconductionStefaan Decraene · bestuurder
05/12/2023
reconductionJules Noten · bestuurder
05/12/2023
reconductionJan Vander Stichele · bestuurder
05/12/2023
reconductionConny Vandendriessche · bestuurder
2023
Annual accounts 2023-25,4 M €↓
02/07/2022
nominationMichel Haspeslagh · bestuurder
01/07/2022
nominationPieter Verschraegen · dagelijks bestuurder
2022
Annual accounts 202230,9 M €↑
10/12/2021
nominationERNST & YOUNG BEDRIJFSREVISOREN BV · commissaris
01/10/2021
nominationGabrielle Kalkwijk · dagelijks bestuur
01/10/2021
nominationDe Kassei Consulting BV · dagelijks bestuur
01/10/2021
nominationKMT BV · dagelijks bestuur
01/10/2021
nominationBernard Haspeslagh · dagelijks bestuur
01/07/2021
nominationFrederik Haspeslagh · vaste vertegenwoordiger van Euro Invest Management NV
01/07/2021
nominationJules Noten GCV · voorzitter van de raad van bestuur
2020
Annual accounts 202026,2 M €↑
2019
Annual accounts 20198,3 M €↑
2018
Annual accounts 20182,2 M €↑
2017
Annual accounts 201796,1 k €↓
2016
Annual accounts 201630,9 M €↑
2015
Annual accounts 20151,9 M €↓
2013
Annual accounts 20137,8 M €↑
2012
Annual accounts 20123 M €↓
2011
Annual accounts 20113,2 M €↑
2010
Annual accounts 20101,9 M €↑
2009
Annual accounts 20091,8 M €↓
2008
Annual accounts 20085 M €↓
2007
Annual accounts 20078,3 M €↑
2006
Annual accounts 20064 M €
24/07/2003
IncorporationPublic limited company

ARDO FOODS

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