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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Ardenner Grenzmarkt from Sankt Vith, company number BE0422329189, closed financial year 2025 with a result of € 55,662 after tax. For that financial year Ardenner Grenzmarkt recorded a gross margin of € 382,504 and equity of € 677,514. Compared with financial year 2024, the result moved from € 50,217 to € 55,662. Profitable, and profit is growing. 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 June 30, 2026.
€ 677,514
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,662
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 201,184
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 140,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
8.9
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 254,488
▼ 8% vs 2024
€ 28,600 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 316,618
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,656
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 350,784 | € 350,938 | € 410,715 | € 382,504 | ▼ 7% |
| Profit after taxes | € 29,492 | € 28,983 | € 50,217 | € 55,662 | ▲ 11% |
| Equity | € 682,652 | € 711,635 | € 761,852 | € 677,514 | ▼ 11% |
| Total debts | € 518,838 | € 536,173 | € 511,078 | € 468,274 | ▼ 8% |
| Cash | € 145,325 | € 189,891 | € 316,715 | € 201,184 | ▼ 36% |
| Land & buildings | € 78,362 | € 62,099 | € 50,722 | € 39,346 | ▼ 22% |
| Retained profit | € 532,652 | € 561,635 | € 611,852 | € 527,514 | ▼ 14% |
| Dividend | € 52,800 | € 0 | € 0 | € 140,000 | |
| Bank debt | € 233,678 | € 119,737 | € 52,301 | € 0 | ▼ 100% |
| Balance sheet total | € 1,201,490 | € 1,247,808 | € 1,272,930 | € 1,145,788 | ▼ 10% |
| Employees (FTE) | 8.5 | 8.4 | 8.5 | 8.9 | ▲ 0.4 |
Key figures of Ardenner Grenzmarkt, 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 Ardenner Grenzmarkt?
What happened at Ardenner Grenzmarkt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- EIFEL - GALERIE GMBH stepped down as director. NBB
- B.G.M. AG stepped down as director. NBB
- Doris SCHAUS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 55,662 (▲ 11% vs 2024). Source: NBB ↗
- EIFEL - GALERIE GMBH became a director. NBB
- B.G.M. AG became a director. NBB
- Doris SCHAUS became a director. NBB
- New establishment in Büllingen. KBO
In short
From € 29,492 profit in 2022 to € 55,662 profit in 2025.
Paid € 54,531 in corporate taxes since 2022.
Best year ever: 2025, with € 55,662 profit.
On average € 43,000 of value added per employee in 2025.
Management
The stake of B.G.M., EIFEL - GALERIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Ardenner GrenzmarktThe shares are held by B.G.M. (51%) and EIFEL - GALERIE (47%). It owns 94.4% of WARENHAUS S B itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Michael BALTER
since 2022 · until 2028
Doris SCHAUS
Director
Also active at: KANUSE, RESCO, GROSSMARKT, CENTRALMARKT, ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS, EUSCO
since 2022 · until 2028
Shareholders
51%
47%
Participations
94.4%
Establishments
Establishment units
Physical locations of this company
Klosterstrasse 36
4780 Sankt Vith
Hergersberg 4
4760 Büllingen
Active since 28 January 1982
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →Shopping Center Schaus
€ 418,814 gross margin · 2025
WARENHAUS S B same network
€ 69,099 gross margin · 2025
Grenzmarkt-Nellessen
€ 588,144 gross margin · 2025
EINKAUFSZENTER
€ 542,723 gross margin · 2024
H.U. RASCH
€ 55,480 gross margin · 2025
+11 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
- 0422.329.189
- VAT number
- BE 0422.329.189
- Registered office
- Klosterstrasse 36, 4780 Sankt Vith
- Names & denominations
- Ardenner Grenzmarkt
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 1982
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Verhuur en exploitatie van sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van terreinen