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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ardena Gent from Gent, company number BE0453881707, closed financial year 2025 with a result of € -9.5 million after tax. For that financial year Ardena Gent recorded revenue of € 26.7 million and equity of € -502,518. Compared with financial year 2024, the result moved from € -1.7 million to € -9.5 million. The company made a loss. 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 September 29, 2026.
€ -502,518
▼ € 9.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9.5 million
▼ 460 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 109% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.7 million.
People and assets in 2025
106.6
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.5 million
€ 98,400 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.
€ 645,382
▼ 16% vs 2024
Of which on lease € 578,509.
Debts at end 2025
€ 20.6 million
▼ 1% vs 2024
€ 20.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1.5 million
▲ 114% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 1.6 million
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,729,930 | € 17,774,991 | € 22,036,154 | € 26,727,652 | ▲ 21% |
| Profit after taxes | € 1,776,156 | € -1,519,331 | € -1,699,113 | € -9,520,828 | ▼ € 7.8 million |
| Equity | € 12,282,493 | € 10,747,916 | € 9,033,556 | € -502,518 | ▼ € 9.5 million |
| Total debts | € 48,645,961 | € 52,003,936 | € 52,629,732 | € 59,306,848 | ▲ 13% |
| Cash | € 524,317 | € 381,632 | € 746,007 | € 1,562,660 | ▲ 109% |
| Land & buildings | € 1,285,344 | € 1,284,657 | € 1,283,970 | € 1,283,283 | |
| Retained profit | € 8,048,630 | € 6,529,299 | € 4,830,186 | € -4,690,642 | ▼ € 9.5 million |
| Bank debt | € 21,464,687 | € 21,172,479 | € 20,719,883 | € 20,584,197 | ▼ 1% |
| Balance sheet total | € 60,928,454 | € 62,751,851 | € 61,663,288 | € 58,804,330 | ▼ 5% |
| Employees (FTE) | 107.4 | 111.6 | 104.6 | 106.6 | ▲ 2 |
Key figures of Ardena Gent, 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 Ardena Gent?
What happened at Ardena Gent in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arnout Everaert stepped down as director. NBB
- Ariane De Ganck stepped down as director. NBB
- Ardena Holding NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9.5 million. filed late Source: NBB ↗
- Lieven Van Vooren stepped down as director. NBB
- Arnout Everaert became a director. NBB
- Filip Van Herck stepped down as director. NBB
- Ariane De Ganck became a director. NBB
In short
From € 1.8 million profit in 2022 to € 9.5 million loss in 2025.
Paid € 706,630 in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
Pays suppliers within 45 days on average.
Management
The shares are held by Ardena Holding NV (100%). It owns 100% of Ardena Sweden AB, 100% of Ardena Netherlands BV and 100% of Ardena Pamplona, S.L.U itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Lieven Van Vooren
Director
since 2020 · until 2026
Filip Van Herck
Director
since 2020 · until 2026
since 2024 · until 2031
since 2026 · until 2032
Shareholders
100%
Participations
Ardena Sweden AB
100%
Ardena Netherlands BV
100%
Ardena Pamplona, S.L.U
100%
Establishments
Establishment units
Physical locations of this company
Kleimoer 4
9030 Gent
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.881.707
- VAT number
- BE 0453.881.707
- Registered office
- Kleimoer 4, 9030 Gent
- Names & denominations
- Ardena Gent
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1994
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
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Verhuur en exploitatie van terreinen