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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARDENNES BUSINESS from Stavelot, company number BE0447685583, closed financial year 2025 with a result of € 7,501 after tax. For that financial year ARDENNES BUSINESS recorded a gross margin of € 31,883 and equity of € -19,380. Compared with financial year 2024, the result moved from € -10,511 to € 7,501. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ -19,380
▲ € 7,501 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,501
▲ still € 10,511 loss in 2024
Profit after tax over the fiscal year.
€ 8,553
▲ 216% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -38,380.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 53,164
▲ 115% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 78,848
▼ 6% vs 2024
€ 24,439 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,015
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,566
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,373 | € 46,234 | € 23,613 | € 31,883 | ▲ 35% |
| Profit after taxes | € 4,026 | € 10,882 | € -10,511 | € 7,501 | ▲ € 18,012 |
| Equity | € -27,251 | € -16,369 | € -26,881 | € -19,380 | ▲ € 7,501 |
| Total debts | € 117,026 | € 125,673 | € 108,245 | € 124,945 | ▲ 15% |
| Cash | € 6,733 | € 4,507 | € 2,702 | € 8,553 | ▲ 216% |
| Land & buildings | € 82,077 | € 67,579 | € 53,185 | € 42,845 | ▼ 19% |
| Retained profit | € -46,251 | € -35,369 | € -45,881 | € -38,380 | ▲ € 7,501 |
| Bank debt | € 91,299 | € 105,183 | € 84,207 | € 78,848 | ▼ 6% |
| Balance sheet total | € 89,775 | € 109,304 | € 81,364 | € 105,565 | ▲ 30% |
Key figures of ARDENNES BUSINESS, 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 ARDENNES BUSINESS?
What happened at ARDENNES BUSINESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,501. Source: NBB ↗
- Audry CHAUVEHEID became a director. NBB
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,026 profit in 2022 to € 7,501 profit in 2025.
Paid € 1,341 in corporate taxes since 2022.
Best year ever: 2023, with € 10,882 profit.
Management
Behind ARDENNES BUSINESS is Audry CHAUVEHEID. Audry CHAUVEHEID is also behind ALL PRINTING AND DIGITAL SERVICES.
Directors
According to the 2025 annual accounts
since 2005
Establishments
Establishment units
Physical locations of this company
Rue Saint Laurent 5
4970 Stavelot
Clos des Campinaires 8
4900 Spa
Active since 14 August 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.685.583
- VAT number
- BE 0447.685.583
- Registered office
- Rue Saint Laurent 5, 4970 Stavelot
- Names & denominations
- ARDENNES BUSINESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1992
- Peppol
- Active · Active since 24 Feb 2026
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Secretariaten
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren