Financials
Financial year 2025
ARDENNE et MEUSE LOGISTIC from Herstal, company number BE0466394311, closed financial year 2025 with a result of € -47,855 after tax. For that financial year ARDENNE et MEUSE LOGISTIC recorded revenue of € 2.1 million and equity of € 889,111. Compared with financial year 2024, the result moved from € 203,746 to € -47,855. 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 June 22, 2026.
€ 889,111
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,855
▼ still € 203,746 profit in 2024
Profit after tax over the fiscal year.
€ 25,884
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 800,800.
People and assets in 2025
22.6
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 17% vs 2024
€ 52,700 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.
€ 135,656
▲ € 120,557 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 218,899
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 201,154
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,691,828 | € 2,164,403 | € 2,342,564 | € 2,140,012 | ▼ 9% |
| Profit after taxes | € 76,850 | € 334,796 | € 203,746 | € -47,855 | ▼ € 251,602 |
| Equity | € 697,951 | € 1,026,572 | € 943,142 | € 889,111 | ▼ 6% |
| Total debts | € 474,420 | € 303,365 | € 688,289 | € 425,037 | ▼ 38% |
| Cash | € 30,152 | € 41,403 | € 30,432 | € 25,884 | ▼ 15% |
| Land & buildings | € 345,546 | € 297,976 | € 250,405 | € 202,835 | ▼ 19% |
| Retained profit | € 591,113 | € 925,909 | € 848,656 | € 800,800 | ▼ 6% |
| Dividend | € 0 | € 0 | € 281,000 | € 0 | ▼ 100% |
| Bank debt | € 69,778 | € 30,452 | € 0 | € 0 | |
| Balance sheet total | € 1,172,371 | € 1,329,937 | € 1,631,431 | € 1,314,148 | ▼ 19% |
| Employees (FTE) | 16.3 | 17.5 | 19.3 | 22.6 | ▲ 3.3 |
Key figures of ARDENNE et MEUSE LOGISTIC, 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 et MEUSE LOGISTIC?
What happened at ARDENNE et MEUSE LOGISTIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Barthélémy MORIN stepped down as director. NBB
- Etienne DEMOITIE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 47,855 (▼ € 251,602 vs 2024). Source: NBB ↗
- Barthélémy MORIN became a director. NBB
- Etienne DEMOITIE became a director. NBB
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,850 profit in 2022 to € 47,855 loss in 2025.
Paid € 78,967 in corporate taxes since 2022.
Best year ever: 2023, with € 334,796 profit.
Paid out € 281,000 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
Management
The stake of ELIS BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARDENNE et MEUSE LOGISTICThe shares are held by ELIS BELGIUM (100%). It owns 28.1% of BLANCHISSERIE BASSE MEUSE itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2027
Etienne DEMOITIE
Managing director
Also active at: ELIS BELGIUM, BLANCHISSERIE BASSE MEUSE, BeMicron, LES TAPIS BOLAND, AB PROKILL, ECOB, ABATERA
since 2024 · until 2027
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue du Fond des Fourches 17
4041 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.394.311
- VAT number
- BE 0466.394.311
- Registered office
- Rue du Fond des Fourches 17, 4041 Herstal
- Names & denominations
- ARDENNE et MEUSE LOGISTIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1999
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Goederenvervoer over de weg
Overige persoonlijke diensten
Overige diensten , n.e.g.
Verhuur en lease van textiel, kleding, sieraden en schoeisel
Detailhandel in huishoudtextiel en beddengoed
Activiteiten van industriële wasserijen
Activiteiten van wasserettes en wassalons ten behoeve van particulieren
Detailhandel in textiel
+3