What does ARDENNE MANAGEMENT do?

ARDENNE MANAGEMENT is an estate agency in La Roche-en-Ardenne. Private Limited, started on 1 July 1992, 1 establishment.

What is the address of ARDENNE MANAGEMENT?

The registered office of ARDENNE MANAGEMENT is located at Rue du Purnalet 8, 6980 La Roche-en-Ardenne.

Is ARDENNE MANAGEMENT still active?

Yes. According to the CBE (31 October 2026) ARDENNE MANAGEMENT is active, legal situation “Normale toestand”, started on 1 July 1992.

Is ARDENNE MANAGEMENT registered on Peppol?

Yes, ARDENNE MANAGEMENT is registered on the Peppol network with ID 0208:0447816435.

What is the enterprise number of ARDENNE MANAGEMENT?

The enterprise number of ARDENNE MANAGEMENT is BE0447816435.

When was ARDENNE MANAGEMENT founded?

ARDENNE MANAGEMENT was founded on 1 July 1992.

Who are the directors of ARDENNE MANAGEMENT?

According to the 2025 annual accounts, the directors of ARDENNE MANAGEMENT are: Claude BALTHAZARD.

Is ARDENNE MANAGEMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 July 1992; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ARDENNE MANAGEMENT make in 2025?

ARDENNE MANAGEMENT recorded a loss after taxes of € 16,274 in financial year 2025.

What is the revenue of ARDENNE MANAGEMENT?

As a small company, ARDENNE MANAGEMENT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 311,355.

ARDENNE MANAGEMENT (Private Limited)

Dossier ARDENNE MANAGEMENT, printed on 31 October 2026 from databakkes.be/en/0447816435/ardenne-management. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

ARDENNE MANAGEMENT from La Roche-en-Ardenne, company number BE0447816435, closed financial year 2025 with a result of € -16,274 after tax. For that financial year ARDENNE MANAGEMENT recorded a gross margin of € 311,355 and equity of € 122,618. Compared with financial year 2024, the result moved from € -27,744 to € -16,274. 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 August 29, 2026.

What it is worth Healthy

€ 122,618

▼ 23% vs 2024

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

Loss Caution

€ -16,274

▲ 41 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 26,222

▲ € 21,899 vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 102,618.

People and assets in 2025

Wage cost

€ 310,305

▲ 14% vs 2024

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

€ 23,170

▼ 29% vs 2024

Of which on lease € 21,030.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 19,568

▼ 27% vs 2024

€ 6,572 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 80,167

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 47,720

▲ 41% 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
Gross margin	€ 309,628 Gross margin 2022: € 309,628 First fiscal year in the series	€ 273,595 Gross margin 2023: € 273,595 ▼ 12% vs 2022 (€ 309,628) Unfavourable step	€ 258,979 Gross margin 2024: € 258,979 ▼ 5% vs 2023 (€ 273,595) Unfavourable step	€ 311,355 Gross margin 2025: € 311,355 ▲ 20% vs 2024 (€ 258,979) Favourable step	▲ 20%
Profit after taxes	€ 51,075 Profit after taxes 2022: € 51,075 First fiscal year in the series	€ -1,262 Profit after taxes 2023: € -1,262 ▼ € 52,337 vs 2022 (€ 51,075) Unfavourable step	€ -27,744 Profit after taxes 2024: € -27,744 ▼ € 26,482 vs 2023 (€ -1,262) Unfavourable step	€ -16,274 Profit after taxes 2025: € -16,274 ▲ € 11,470 vs 2024 (€ -27,744) Favourable step	▲ € 11,470
Equity	€ 187,897 Equity 2022: € 187,897 First fiscal year in the series	€ 186,636 Equity 2023: € 186,636 ▼ 1% vs 2022 (€ 187,897) Unfavourable step	€ 158,892 Equity 2024: € 158,892 ▼ 15% vs 2023 (€ 186,636) Unfavourable step	€ 122,618 Equity 2025: € 122,618 ▼ 23% vs 2024 (€ 158,892) Unfavourable step	▼ 23%
Total debts	€ 164,165 Total debts 2022: € 164,165 First fiscal year in the series	€ 163,027 Total debts 2023: € 163,027 ▼ 1% vs 2022 (€ 164,165) Favourable step	€ 197,206 Total debts 2024: € 197,206 ▲ 21% vs 2023 (€ 163,027) Unfavourable step	€ 195,865 Total debts 2025: € 195,865 ▼ 1% vs 2024 (€ 197,206) Favourable step	▼ 1%
Cash	€ 7,095 Cash 2022: € 7,095 First fiscal year in the series	€ 92,521 Cash 2023: € 92,521 ▲ € 85,426 vs 2022 (€ 7,095) Favourable step	€ 4,324 Cash 2024: € 4,324 ▼ 95% vs 2023 (€ 92,521) Unfavourable step	€ 26,222 Cash 2025: € 26,222 ▲ € 21,899 vs 2024 (€ 4,324) Favourable step	▲ € 21,899
Land & buildings	€ 11,311 Land & buildings 2022: € 11,311 First fiscal year in the series	€ 0 Land & buildings 2023: € 0 ▼ 100% vs 2022 (€ 11,311) Unchanged	-	-
Retained profit	€ 167,897 Retained profit 2022: € 167,897 First fiscal year in the series	€ 166,636 Retained profit 2023: € 166,636 ▼ 1% vs 2022 (€ 167,897) Unfavourable step	€ 138,892 Retained profit 2024: € 138,892 ▼ 17% vs 2023 (€ 166,636) Unfavourable step	€ 102,618 Retained profit 2025: € 102,618 ▼ 26% vs 2024 (€ 138,892) Unfavourable step	▼ 26%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 20,000 Dividend 2025: € 20,000 Unchanged (€ 0) Unchanged
Bank debt	€ 19,516 Bank debt 2022: € 19,516 First fiscal year in the series	€ 10,520 Bank debt 2023: € 10,520 ▼ 46% vs 2022 (€ 19,516) Favourable step	€ 26,752 Bank debt 2024: € 26,752 ▲ 154% vs 2023 (€ 10,520) Unfavourable step	€ 19,568 Bank debt 2025: € 19,568 ▼ 27% vs 2024 (€ 26,752) Favourable step	▼ 27%
Balance sheet total	€ 352,063 Balance sheet total 2022: € 352,063 First fiscal year in the series	€ 349,662 Balance sheet total 2023: € 349,662 ▼ 1% vs 2022 (€ 352,063) Unchanged	€ 356,098 Balance sheet total 2024: € 356,098 ▲ 2% vs 2023 (€ 349,662) Unchanged	€ 318,483 Balance sheet total 2025: € 318,483 ▼ 11% vs 2024 (€ 356,098) Unchanged	▼ 11%

Key figures of ARDENNE MANAGEMENT, 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 ARDENNE MANAGEMENT?

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

Aug 29, 2026 New annual accounts for financial year 2025: loss of € 16,274. filed late Source: NBB ↗
Jul 15, 1992 New establishment in La Roche-en-Ardenne. KBO
Jul 1, 1992 Start of the company according to the CBE. KBO

In short

From € 51,075 profit in 2022 to € 16,274 loss in 2025.

Paid € 37,735 in corporate taxes since 2022.

Best year ever: 2022, with € 51,075 profit.

Paid out € 20,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Claude BALTHAZARD

ARDENNE MANAGEMENT

ARDENNE PASSION

BALTENCO

Behind ARDENNE MANAGEMENT is Claude BALTHAZARD. Claude BALTHAZARD is also behind ARDENNE PASSION and BALTENCO.

Directors

According to the 2025 annual accounts

Claude BALTHAZARD

Director

Also active at: ARDENNE PASSION, BALTENCO

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Purnalet 8

6980 La Roche-en-Ardenne

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

ARDENNE PASSION same network

€ 207,947 gross margin · 2025

BALTENCO same network

€ 1,894 gross margin · 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

0447.816.435

VAT number

BE 0447.816.435

Registered office

Rue du Purnalet 8, 6980 La Roche-en-Ardenne

Names & denominations

ARDENNE MANAGEMENT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 July 1992

Peppol

Active · Active since 9 Jan 2026

Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

Publiciteitsagentschappen

Activiteiten van reclamebureaus

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

Activiteiten van interieurarchitecten

View on CBE Public ↗ Annual accounts (NBB) ↗

ARDENNE MANAGEMENT

Warning lights

Financials

What happened to ARDENNE MANAGEMENT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions