Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
40 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Ardex from Antwerpen, company number BE0403661441, closed financial year 2025 with a result of € -66,615 after tax. Compared with financial year 2024, the result moved from € -76,756 to € -66,615. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.
€ 408,728
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,615
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 800
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -94,962.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 21,787
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 172 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 63 | € -19,482 | € -76,756 | € -66,615 | ▲ € 10,141 |
| Equity | € 571,582 | € 552,100 | € 475,343 | € 408,728 | ▼ 14% |
| Total debts | € 3,256 | € 10,296 | € 22,728 | € 60,272 | ▲ 165% |
| Cash | € 68,801 | € 77,505 | € 21,744 | € 800 | ▼ 96% |
| Land & buildings | € 493,484 | € 483,346 | € 473,208 | € 466,375 | ▼ 1% |
| Retained profit | € 67,892 | € 48,409 | € -28,347 | € -94,962 | ▼ € 66,615 |
| Balance sheet total | € 574,838 | € 562,396 | € 498,071 | € 469,000 | ▼ 6% |
Key figures of Ardex, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Ardex?
What happened at Ardex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guillermo bv stepped down as director. NBB
- WMA3 bv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 66,615. Source: NBB ↗
- Guillermo bv became a director. NBB
- WMA3 bv became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Rumst. KBO
In short
From € 63 profit in 2022 to € 66,615 loss in 2025.
Paid € 28 in corporate taxes since 2022.
Best year ever: 2022, with € 63 profit.
Pays suppliers within 172 days on average.
Management
The shares are held by Bam Interbuild (100%).
Directors
According to the 2025 annual accounts
Director · represented by Wim Straetmans
Also active at: BAM Mat, BAM Maintenance Belgium, BAM Interbuild, HET PAND - IMMO, BAM BELGIUM, KAIROS, ESPACE TRIANON, IMMO GRANA +32 more
since 2022 · until 2028
Director · represented by Walter Masure
Also active at: BAM Interbuild, JUSTINVEST, RABOT INVEST, NHQ DEVELOPMENT, SCHELDE SENIOR-INVEST III
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Borsbeeksebrug 22 box 7
2600 Antwerpen
's Herenbaan 216
2840 Rumst
Active since 1 February 1946
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 40 companies are registered at this address.
All companies at this address →BAM Mat same network
BAM Maintenance Belgium same network
€ 1.5 million revenue · 2025
BAM Interbuild same network
€ 103.6 million revenue · 2025
BAM BELGIUM same network
KAIROS same network
€ 3.7 million revenue · 2025
+35 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.661.441
- VAT number
- BE 0403.661.441
- Registered office
- Borsbeeksebrug 22 bus 7, 2600 Antwerpen
- Names & denominations
- Ardex
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1946
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
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