ARDO FOODS
0859.755.144 · rovalta.com · 25/09/2026
ACTIVE
ARDO FOODS
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
Overview
Identity
Source · BCE/KBOARDO FOODS is a Public limited company incorporated in 2003. 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
Joint committees (2)
- 200
- 218
Signals
Healthy social debtsHigh revenue
Financials
Source · NBB, 34 filingsTrend 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 valuationBoard of directors
Source · NBB, accounts to 30/06/20259 active · 71 ended
Active mandates
Active
Bernard HASPESLAGH
ActiveActive
Jan HASPESLAGH
ActiveActive
Liesbeth Haspeslagh
ActiveMichel HASPESLAGH
ActiveStefaan Decraene
ActiveActive
Ended mandates
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 |
Financials
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 · NBBLooking for more information about this company?
Try for freeAnnual 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 | |
| Full model | 30/06/2024 | 03/12/2024 | 18/12/2024 | Dutch | |
| Full model | 30/06/2023 | 05/12/2023 | 18/12/2023 | Dutch | |
| Full model | 30/06/2022 | 06/12/2022 | 04/01/2023 | Dutch | |
| Full model | 30/06/2021 | 10/12/2021 | 22/12/2021 | Dutch | |
| Consolidated accounts | 30/06/2021 | 10/12/2021 | 21/12/2021 | Dutch | |
| Full model | 30/06/2020 | 01/12/2020 | 08/12/2020 | Dutch | |
| Consolidated accounts | 30/06/2020 | 01/12/2020 | 06/01/2021 | Dutch | |
| Full model | 30/06/2019 | 03/12/2019 | 20/12/2019 | Dutch | |
| Consolidated accounts | 30/06/2019 | 03/12/2019 | 18/12/2019 | Dutch | |
| Full model | 30/06/2018 | 04/12/2018 | 12/12/2018 | Dutch | |
| Consolidated accounts | 30/06/2018 | 04/12/2018 | 17/12/2018 | Dutch | |
| Full model | 30/06/2017 | 05/12/2017 | 13/12/2017 | Dutch | |
| Consolidated accounts | 30/06/2017 | 05/12/2017 | 18/12/2017 | Dutch | |
| Full model | 30/06/2016 | 15/12/2016 | 16/12/2016 | Dutch | |
| Consolidated accounts | 30/06/2016 | 15/12/2016 | 27/12/2016 | Dutch | |
| Full model | 30/06/2015 | 17/12/2015 | 21/12/2015 | Dutch | |
| Consolidated accounts | 30/06/2015 | 17/12/2015 | 22/12/2015 | Dutch | |
| Full model | 31/12/2013 | 25/06/2014 | 26/06/2014 | Dutch | |
| Consolidated accounts | 31/12/2013 | 25/06/2014 | 09/07/2014 | Dutch | |
| Full model | 31/12/2012 | 18/06/2013 | 24/06/2013 | Dutch | |
| Consolidated accounts | 31/12/2012 | 18/06/2013 | 24/06/2013 | Dutch | |
| Full model | 31/12/2011 | 19/06/2012 | 26/06/2012 | Dutch | |
| Consolidated accounts | 31/12/2011 | 25/06/2012 | 18/07/2012 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 30/06/20259 active · 71 ended
Active mandates
Active
Bernard HASPESLAGH
ActiveActive
Jan HASPESLAGH
ActiveActive
Liesbeth Haspeslagh
ActiveMichel HASPESLAGH
ActiveStefaan Decraene
ActiveActive
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates31/07/2026ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - DIVERSEN
- Capital / shares24/07/2026KAPITAAL - AANDELEN
- Mandates07/06/2024ONTSLAGEN - BENOEMINGEN
- Mandates05/01/2024ONTSLAGEN - BENOEMINGEN
- Mandates25/10/2022ONTSLAGEN - BENOEMINGEN
- Other12/09/2022DIVERSEN - DOEL
- Mandates31/05/2022ONTSLAGEN - BENOEMINGEN
- Mandates08/10/2021ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-24 M €↑
- 2024Annual accounts 2024-40,8 M €↓
- 11/03/2024nominationTNFO NV — bestuurder
- 01/03/2024nominationEveline Maertens — dagelijks bestuur
- 01/01/2024nominationTijl Goens — directeur
- 05/12/2023reconductionLiesbeth Haspeslagh — bestuurder
- 05/12/2023reconductionJan Haspeslagh — bestuurder
- 05/12/2023reconductionBernard Haspeslagh — bestuurder
- 05/12/2023reconductionMichel Haspeslagh — bestuurder
- 05/12/2023reconductionStefaan Decraene — bestuurder
- 05/12/2023reconductionJules Noten — bestuurder
- 05/12/2023reconductionJan Vander Stichele — bestuurder
- 05/12/2023reconductionConny Vandendriessche — bestuurder
- 2023Annual accounts 2023-25,4 M €↓
- 02/07/2022nominationMichel Haspeslagh — bestuurder
- 01/07/2022nominationPieter Verschraegen — dagelijks bestuurder
- 2022Annual accounts 202230,9 M €↑
- 10/12/2021nominationERNST & YOUNG BEDRIJFSREVISOREN BV — commissaris
- 01/10/2021nominationGabrielle Kalkwijk — dagelijks bestuur
- 01/10/2021nominationDe Kassei Consulting BV — dagelijks bestuur
- 01/10/2021nominationKMT BV — dagelijks bestuur
- 01/10/2021nominationBernard Haspeslagh — dagelijks bestuur
- 01/07/2021nominationFrederik Haspeslagh — vaste vertegenwoordiger van Euro Invest Management NV
- 01/07/2021nominationJules Noten GCV — voorzitter van de raad van bestuur
- 2020Annual accounts 202026,2 M €↑
- 2019Annual accounts 20198,3 M €↑
- 2018Annual accounts 20182,2 M €↑
- 2017Annual accounts 201796,1 k €↓
- 2016Annual accounts 201630,9 M €↑
- 2015Annual accounts 20151,9 M €↓
- 2013Annual accounts 20137,8 M €↑
- 2012Annual accounts 20123 M €↓
- 2011Annual accounts 20113,2 M €↑
- 2010Annual accounts 20101,9 M €↑
- 2009Annual accounts 20091,8 M €↓
- 2008Annual accounts 20085 M €↓
- 2007Annual accounts 20078,3 M €↑
- 2006Annual accounts 20064 M €
- 24/07/2003IncorporationPublic limited company