ARDO is a wholesaler in Ardooie. Public Limited, started on 31 March 1988, 1 establishment.

What is the address of ARDO?

The registered office of ARDO is located at Wezestraat 61, 8850 Ardooie.

Is ARDO still active?

Yes. According to the CBE (29 October 2026) ARDO is active, legal situation “Normale toestand”, started on 31 March 1988.

Is ARDO registered on Peppol?

Yes, ARDO is registered on the Peppol network with ID 0208:0433803794.

What is the enterprise number of ARDO?

The enterprise number of ARDO is BE0433803794.

When was ARDO founded?

ARDO was founded on 31 March 1988.

Who are the directors of ARDO?

According to the 2025 annual accounts, the directors of ARDO are: Sastraco BV, Consensum BV.

Is ARDO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 March 1988; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ARDO make in 2025?

ARDO posted a profit after taxes of € 5,200,122 in financial year 2025.

What is the revenue of ARDO?

In its most recent annual accounts (2025), ARDO reported revenue of € 792,842,925.

How much does an employee at ARDO earn?

The average wage cost per full-time employee at ARDO was € 266,300 in 2025: staff costs of € 14.6 million for 55 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ARDO have?

According to the 2025 annual accounts, ARDO has 55 full-time equivalents (FTE).

ARDO (Public Limited) - Ardooie - BE0433803794

Dossier ARDO, printed on 29 October 2026 from databakkes.be/en/0433803794/ardo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ARDO from Ardooie, company number BE0433803794, closed financial year 2025 with a result of € 5.2 million after tax. For that financial year ARDO recorded revenue of € 792.8 million and equity of € 117.7 million. Compared with financial year 2024, the result moved from € -3.2 million to € 5.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 10, 2025.

What it is worth Growing

€ 117.7 million

▲ € 94.5 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 5.2 million

▲ still € 3.2 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4 million

▼ 18% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 57.6 million.

People and assets in 2025

Full-time equivalents

▲ 9.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 10.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 14.6 million

▲ 37% vs 2024

€ 266,300 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.

Vehicles and equipment

€ 69,349

▲ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 2.6 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 84.5 million

▲ 48% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.

Taxes and wages

€ 5.5 million

▲ 151% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 136,543,391 Revenue 2022: € 136,543,391 First fiscal year in the series	€ 166,236,463 Revenue 2023: € 166,236,463 ▲ 22% vs 2022 (€ 136,543,391) Favourable step	€ 539,188,275 Revenue 2024: € 539,188,275 ▲ 224% vs 2023 (€ 166,236,463) Favourable step	€ 792,842,925 Revenue 2025: € 792,842,925 ▲ 47% vs 2024 (€ 539,188,275) Favourable step	▲ 47%
Profit after taxes	€ 4,685,839 Profit after taxes 2022: € 4,685,839 First fiscal year in the series	€ 2,942,646 Profit after taxes 2023: € 2,942,646 ▼ 37% vs 2022 (€ 4,685,839) Unfavourable step	€ -3,246,975 Profit after taxes 2024: € -3,246,975 ▼ € 6.2 million vs 2023 (€ 2,942,646) Unfavourable step	€ 5,200,122 Profit after taxes 2025: € 5,200,122 ▲ € 8.4 million vs 2024 (€ -3,246,975) Favourable step	▲ € 8.4 million
Equity	€ 2,747,603 Equity 2022: € 2,747,603 First fiscal year in the series	€ 5,690,249 Equity 2023: € 5,690,249 ▲ 107% vs 2022 (€ 2,747,603) Favourable step	€ 23,173,475 Equity 2024: € 23,173,475 ▲ € 17.5 million vs 2023 (€ 5,690,249) Favourable step	€ 117,703,620 Equity 2025: € 117,703,620 ▲ € 94.5 million vs 2024 (€ 23,173,475) Favourable step	▲ € 94.5 million
Total debts	€ 24,591,229 Total debts 2022: € 24,591,229 First fiscal year in the series	€ 44,014,611 Total debts 2023: € 44,014,611 ▲ 79% vs 2022 (€ 24,591,229) Unfavourable step	€ 59,307,517 Total debts 2024: € 59,307,517 ▲ 35% vs 2023 (€ 44,014,611) Unfavourable step	€ 92,902,492 Total debts 2025: € 92,902,492 ▲ 57% vs 2024 (€ 59,307,517) Unfavourable step	▲ 57%
Cash	€ 1,989,252 Cash 2022: € 1,989,252 First fiscal year in the series	€ 1,422,281 Cash 2023: € 1,422,281 ▼ 29% vs 2022 (€ 1,989,252) Unfavourable step	€ 4,842,192 Cash 2024: € 4,842,192 ▲ 240% vs 2023 (€ 1,422,281) Favourable step	€ 3,955,250 Cash 2025: € 3,955,250 ▼ 18% vs 2024 (€ 4,842,192) Unfavourable step	▼ 18%
Land & buildings	-	-	€ 2,099,162 Land & buildings 2024: € 2,099,162 First fiscal year in the series	€ 86,756 Land & buildings 2025: € 86,756 ▼ 96% vs 2024 (€ 2,099,162) Unchanged	▼ 96%
Retained profit	€ 2,414,566 Retained profit 2022: € 2,414,566 First fiscal year in the series	€ 5,357,211 Retained profit 2023: € 5,357,211 ▲ 122% vs 2022 (€ 2,414,566) Favourable step	€ 1,573,133 Retained profit 2024: € 1,573,133 ▼ 71% vs 2023 (€ 5,357,211) Unfavourable step	€ 57,585,397 Retained profit 2025: € 57,585,397 ▲ € 56 million vs 2024 (€ 1,573,133) Favourable step	▲ € 56 million
Dividend	€ 4,000,000 Dividend 2022: € 4,000,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 4,000,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 2,570,926 Bank debt 2025: € 2,570,926 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 27,338,833 Balance sheet total 2022: € 27,338,833 First fiscal year in the series	€ 49,704,860 Balance sheet total 2023: € 49,704,860 ▲ 82% vs 2022 (€ 27,338,833) Unchanged	€ 82,520,992 Balance sheet total 2024: € 82,520,992 ▲ 66% vs 2023 (€ 49,704,860) Unchanged	€ 210,970,757 Balance sheet total 2025: € 210,970,757 ▲ 156% vs 2024 (€ 82,520,992) Unchanged	▲ 156%
Employees (FTE)	20.9 Employees (FTE) 2022: 20.9 First fiscal year in the series	30.4 Employees (FTE) 2023: 30.4 ▲ 9.5 vs 2022 (20.9) Unchanged	45.7 Employees (FTE) 2024: 45.7 ▲ 15.3 vs 2023 (30.4) Unchanged	55 Employees (FTE) 2025: 55 ▲ 9.3 vs 2024 (45.7) Unchanged	▲ 9.3

Key figures of ARDO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ARDO?

What happened at ARDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 Sastraco BV stepped down as director. NBB
2026 Consensum BV stepped down as director. NBB
Dec 10, 2025 New annual accounts for financial year 2025: profit of € 5.2 million. Source: NBB ↗
2024 Sastraco BV became a director. NBB
2023 Consensum BV became a director. NBB
Apr 29, 1988 New establishment in Ardooie. KBO
Mar 31, 1988 Start of the company according to the CBE. KBO

In short

From € 4.7 million profit in 2022 to € 5.2 million profit in 2025.

Paid € 3.8 million in corporate taxes since 2022.

Best year ever: 2025, with € 5.2 million profit.

Paid out € 4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ARDO FOODS 100%

The stake of ARDO FOODS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ARDO

ARDO SHANGHAI 100%

ARDO HUNGARY 100%

ARDO POLAND 100%

The shares are held by ARDO FOODS (100%). It owns 100% of ARDO SHANGHAI, 100% of ARDO HUNGARY and 100% of ARDO POLAND itself.

Directors

According to the 2025 annual accounts

Sastraco BV

Director · represented by Sabine Sagaert

Also active at: LOTUS BAKERIES, HESBAYEFROST, Van Genechten Packaging International, HESBAYE IMMO

since 2024 · until 2026

Consensum BV

Director · represented by Pieter Verschraegen

since 2023 · until 2026

Shareholders

ARDO FOODS

100%

Participations

ARDO SHANGHAI

100%

ARDO HUNGARY

100%

ARDO POLAND

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Wezestraat 61

8850 Ardooie

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0433.803.794
VAT number: BE 0433.803.794
Registered office: Wezestraat 61, 8850 Ardooie
Names & denominations: ARDO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 31 March 1988
Peppol: Active · Active since 14 Jul 2025
Activities · NACE: Niet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen

View on CBE Public ↗ Annual accounts (NBB) ↗

ARDO

Financials

What happened to ARDO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions