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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LE SANGLIER DES ARDENNES from Durbuy, company number BE0415861764, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year LE SANGLIER DES ARDENNES recorded revenue of € 21.5 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € -1.1 million to € -1.5 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 3.2 million
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ 42 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.2 million.
People and assets in 2025
136.3
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.1 million
▲ 9% vs 2024
€ 52,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 626,114
▲ 152% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20.6 million
▲ 5% vs 2024
€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 2.5 million
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 1.6 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,463,320 | € 19,442,750 | € 21,997,984 | € 21,461,156 | ▼ 2% |
| Profit after taxes | € 130,690 | € -1,977,885 | € -1,087,405 | € -1,538,687 | ▼ € 451,282 |
| Equity | € 7,821,507 | € 5,811,979 | € 4,695,431 | € 3,203,081 | ▼ 32% |
| Total debts | € 23,695,414 | € 24,785,088 | € 24,715,824 | € 26,807,826 | ▲ 8% |
| Cash | € 2,188,314 | € 1,875,930 | € 1,373,952 | € 1,892,272 | ▲ 38% |
| Land & buildings | € 25,919,763 | € 24,198,660 | € 23,063,718 | € 23,321,445 | ▲ 1% |
| Retained profit | € 355,463 | € -1,622,422 | € -2,709,827 | € -4,248,514 | ▼ € 1.5 million |
| Bank debt | € 21,276,588 | € 20,825,084 | € 19,568,807 | € 20,579,066 | ▲ 5% |
| Balance sheet total | € 31,582,665 | € 30,647,811 | € 29,446,999 | € 30,031,651 | ▲ 2% |
| Employees (FTE) | 129.8 | 130.6 | 131.9 | 136.3 | ▲ 4.4 |
Key figures of LE SANGLIER DES ARDENNES, 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 LE SANGLIER DES ARDENNES?
What happened at LE SANGLIER DES ARDENNES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.5 million. Source: NBB ↗
- New establishment in Durbuy. KBO
- NAXIVAL SRL became a director. NBB
- SDA HOLDING SA became a director. NBB
- BLUEBOLD SRL became a director. NBB
- New establishment in Durbuy. KBO
- New establishment in Durbuy. KBO
- New establishment in Durbuy. KBO
In short
From € 130,690 profit in 2022 to € 1.5 million loss in 2025.
Paid € 4,238 in corporate taxes since 2022.
Best year ever: 2022, with € 130,690 profit.
Pays suppliers within 67 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SANGLIER DES ARDENNES BY BRU comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LE SANGLIER DES ARDENNESBehind LE SANGLIER DES ARDENNES are NAXIVAL SRL, SDA HOLDING SA and BLUEBOLD SRL. The shares are held by SANGLIER DES ARDENNES BY BRU (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bernard Van Beek
Also active at: SANGLIER DES ARDENNES BY BRU, Adventure Valley Durbuy, Immo Sanglier des Ardennes, Orava, DURBUY SHOPPING, LPM2 SPORTHOTEL, GOLF DE DURBUY
since 2025
Director · represented by Ben JANSEN
Also active at: SANGLIER DES ARDENNES BY BRU, Adventure Valley Durbuy
since 2025
Director · represented by Benoit Bronckart
Also active at: SANGLIER DES ARDENNES BY BRU, Adventure Valley Durbuy, Immo Sanglier des Ardennes, SDA HOLDING, Orava
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Comte Théodule d'Ursel 14
6940 Durbuy
Place aux Foires 18
6940 Durbuy
Active since 1 October 2021
Place aux Foires 26
6940 Durbuy
Active since 31 July 2021
Rue du Comte Théodule d'Ursel 3
6940 Durbuy
Active since 1 December 2022
Rue du Comte Théodule d'Ursel 1
6940 Durbuy
Active since 1 November 2023
Place aux Foires 22
6940 Durbuy
Active since 8 March 2024
Place aux Foires 4
6940 Durbuy
Active since 1 July 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.861.764
- VAT number
- BE 0415.861.764
- Registered office
- Rue du Comte Théodule d'Ursel 14, 6940 Durbuy
- Names & denominations
- LE SANGLIER DES ARDENNES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1976
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening