Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARDENNE VOLAILLE from Bertrix, company number BE0455994624, closed financial year 2025 with a result of € -2 million after tax. For that financial year ARDENNE VOLAILLE recorded revenue of € 46.2 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 631,362 to € -2 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 3.6 million
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2 million
▼ still € 631,362 profit in 2024
Profit after tax over the fiscal year.
€ 668,699
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.1 million.
People and assets in 2025
81.6
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.7 million
▲ 69% vs 2024
€ 82,000 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.
€ 853,102
▼ 1% vs 2024
Of which on lease € 609,664.
Debts at end 2025
€ 12.1 million
▼ 19% vs 2024
€ 946,482 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 4.1 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 805,501
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,448,460 | € 28,827,984 | € 25,682,302 | € 46,214,474 | ▲ 80% |
| Profit after taxes | € -1,076,854 | € -2,491,814 | € 631,362 | € -1,997,269 | ▼ € 2.6 million |
| Equity | € 3,342,970 | € 803,128 | € 5,683,663 | € 3,625,130 | ▼ 36% |
| Total debts | € 12,368,693 | € 21,306,685 | € 19,089,153 | € 22,052,078 | ▲ 16% |
| Cash | € 693,064 | € 665,037 | € 504,161 | € 668,699 | ▲ 33% |
| Land & buildings | € 932,118 | € 759,935 | € 7,005,206 | € 7,622,076 | ▲ 9% |
| Retained profit | € -2,301,214 | € -4,793,028 | € -4,161,666 | € -6,112,336 | ▼ € 2 million |
| Bank debt | € 7,945,733 | € 17,207,946 | € 15,032,200 | € 12,120,623 | ▼ 19% |
| Balance sheet total | € 15,742,824 | € 22,137,655 | € 24,797,338 | € 25,698,417 | ▲ 4% |
| Employees (FTE) | 86.9 | 82.7 | 82.2 | 81.6 | ▼ 0.6 |
Key figures of ARDENNE VOLAILLE, 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 April 2027.
What happened to ARDENNE VOLAILLE?
What happened at ARDENNE VOLAILLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel PETIT stepped down as director. NBB
- Thibaut PETIT stepped down as director. NBB
- Maximilien PETIT stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2 million (▼ € 2.6 million vs 2024). Source: NBB ↗
- Michel PETIT became a director. NBB
- SAMANDA SA stepped down as director. NBB
- Thibaut PETIT became a director. NBB
- Maximilien PETIT became a director. NBB
In short
From € 1.1 million loss in 2022 to € 2 million loss in 2025.
Paid € 7,551 in corporate taxes since 2022.
Best year ever: 2024, with € 631,362 profit.
Pays suppliers within 38 days on average.
A new publication or filing at ARDENNE VOLAILLE? We notify you, reason included.
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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
Management
The stake of Upignac Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARDENNE VOLAILLEThe shares are held by Upignac Group (100%). It owns 100% of COQARDENNE itself.
Directors
According to the 2025 annual accounts
Thibaut PETIT
Director
Also active at: EXPLOITATION DE VERGERS HESBIGNONS, TCO Service, LA CUISINE DES CHAMPS, PTF MANAGEMENT, COQARDENNE, GOURMET FOOD COLLECTION, Upignac Group, LE POULET D'ARDENNE
since 2024 · until 2030
Maximilien PETIT
Director
Also active at: EXPLOITATION DE VERGERS HESBIGNONS, UPIGNAC, TCO Service, LA CUISINE DES CHAMPS, PHALSU, COQARDENNE, GOURMET FOOD COLLECTION, Upignac Group +1 more
since 2024 · until 2030
Michel PETIT
Managing director
Also active at: UPIGNAC, LA FERME D'EN BAS, FERME D'ASSONLEVILLE, LA TABLE D'UPIGNAC, COQARDENNE, GOURMET FOOD COLLECTION, LE POULET D'ARDENNE
since 2025 · until 2032
Director · represented by Andres DE LA CERDA GILMA
Also active at: A.M.B., Floridienne, ORTIS, Barthel PAULS Fils - Barthel PAULS SOhne, RECYCLAGE ET VALORISATION TECHNIQUE, UPIGNAC, HOLZINDUSTRIE PAULS, ECOTERRES +39 more
since 2019 · until 2024
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rue des Prés la Mercire 3
6880 Bertrix
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
- 0455.994.624
- VAT number
- BE 0455.994.624
- Registered office
- Rue des Prés la Mercire 3, 6880 Bertrix
- Names & denominations
- ARDENNE VOLAILLE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 1995
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Verwerking en conservering van vlees van gevogelte
Groothandel in vlees van wild en van gevogelte