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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Figures corrected NBB
Corrected annual account filed for 2024.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BURGO ARDENNES from Virton, company number BE0451821842, closed financial year 2025 with a result of € 11.5 million after tax. For that financial year BURGO ARDENNES recorded revenue of € 379.1 million and equity of € 87.1 million. Compared with financial year 2024, the result moved from € 15.1 million to € 11.5 million. The company is profitable. 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.
€ 87.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.5 million
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 10.1 million
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 11.5 million paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
591.5
▼ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 53.5 million
▲ 2% vs 2024
€ 90,400 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.
€ 3 million
▲ 45% vs 2024
Of which on lease € 2.2 million.
Debts at end 2025
€ 27.4 million
▼ 15% vs 2024
€ 3 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 68.6 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 11.7 million
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 423,702,401 | € 411,307,745 | € 379,332,773 | € 379,076,843 | |
| Profit after taxes | € 11,257,068 | € 11,610,571 | € 15,138,296 | € 11,509,117 | ▼ 24% |
| Equity | € 85,136,242 | € 87,468,685 | € 87,328,256 | € 87,058,644 | |
| Total debts | € 149,464,870 | € 143,340,826 | € 128,591,504 | € 119,781,684 | ▼ 7% |
| Cash | € 17,226,661 | € 13,876,493 | € 10,831,453 | € 10,125,651 | ▼ 7% |
| Land & buildings | € 12,008,770 | € 11,357,338 | € 10,878,793 | € 10,796,791 | ▼ 1% |
| Retained profit | € 10,032,040 | € 10,642,611 | € 10,780,911 | € 10,790,027 | |
| Dividend | € 11,000,000 | € 11,000,000 | € 15,000,000 | € 11,500,000 | ▼ 23% |
| Bank debt | € 34,572,921 | € 32,231,115 | € 32,214,739 | € 27,395,186 | ▼ 15% |
| Balance sheet total | € 246,993,230 | € 244,991,525 | € 234,400,026 | € 219,805,180 | ▼ 6% |
| Employees (FTE) | 593.9 | 591.6 | 595.9 | 591.5 | ▼ 4.4 |
Key figures of BURGO 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 BURGO ARDENNES?
What happened at BURGO ARDENNES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11.5 million (▼ 24% vs 2024). Source: NBB ↗
- New establishment in Virton. KBO
- Start of the company according to the CBE. KBO
In short
From € 11.3 million profit in 2022 to € 11.5 million profit in 2025.
Paid € 21.8 million in corporate taxes since 2022.
Best year ever: 2024, with € 15.1 million profit.
Paid out € 48.5 million in dividends to the owners in total.
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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
Establishments
Establishment units
Physical locations of this company
Rue de la Papeterie,St-Mard 1
6762 Virton
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
INFOMANIAK-AS, CH
Website info
Features
Security
Details
- Company number
- 0451.821.842
- VAT number
- BE 0451.821.842
- Registered office
- Rue de la Papeterie,St-Mard 1, 6762 Virton
- Names & denominations
- BURGO ARDENNES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 1994
- Peppol
- Not registered
- Contact
- burgo-ardennes.be
- Activities · NACE
Vervaardiging van papier en karton
Vervaardiging van papier
Vervaardiging van papierpulp
Vervaardiging van karton
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