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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Late annual account NBB
Fiscal year 2024 was filed 211 days after the legal deadline.
Financials
Financial year 2024
Ardonagh Specialty Europe from Elsene, company number BE0717955396, closed financial year 2024 with a result of € 4.3 million after tax. For that financial year Ardonagh Specialty Europe recorded revenue of € 14.4 million and equity of € 11.4 million. Compared with financial year 2023, the result moved from € 3.6 million to € 4.3 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 11.4 million
▲ 62% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.3 million
▲ 22% vs 2023
Profit after tax over the fiscal year.
€ 16.7 million
▼ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 11.3 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 64.2 million
▲ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 2951 days on average.
€ 142,717
▼ 30% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 14,412,712 | |
| Gross margin | € 2,109,567 | € 3,992,758 | € 5,118,945 | - | |
| Profit after taxes | € 1,277,800 | € 2,462,424 | € 3,554,906 | € 4,343,713 | ▲ 22% |
| Equity | € 1,012,110 | € 3,474,534 | € 7,029,440 | € 11,373,153 | ▲ 62% |
| Total debts | € 37,170,958 | € 44,964,380 | € 58,121,697 | € 68,365,572 | ▲ 18% |
| Cash | € 13,150,137 | € 21,439,661 | € 19,444,161 | € 16,728,835 | ▼ 14% |
| Retained profit | € 950,610 | € 3,413,034 | € 6,967,940 | € 11,311,653 | ▲ 62% |
| Balance sheet total | € 38,183,068 | € 48,438,914 | € 65,151,138 | € 79,738,725 | ▲ 22% |
Key figures of Ardonagh Specialty Europe, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Ardonagh Specialty Europe?
What happened at Ardonagh Specialty Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Oscar Rincon stepped down as director. NBB
- Chris Kent stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 4.3 million (▲ 22% vs 2023). filed late Source: NBB ↗
- Alarik van Doorn stepped down as director. NBB
- Oscar Rincon became a director. NBB
- Richard Peers stepped down as director. NBB
- Greg Ferguson stepped down as director. NBB
- Richard Peers became a director. NBB
In short
From € 1.3 million profit in 2021 to € 4.3 million profit in 2024.
Paid € 3.8 million in corporate taxes since 2021.
Best year ever: 2024, with € 4.3 million profit.
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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
Directors
According to the 2024 annual accounts
Greg Ferguson
Director
since 2021 · until 2024
Oscar Rincon
Director
since 2024 · until 2030
Alarik van Doorn
Director
since 2019 · until 2025
Chris Kent
Director
since 2021 · until 2027
Richard Peers
Director
since 2024 · until 2024
Establishments
Establishment units
Physical locations of this company
Marsveldplein 5
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0717.955.396
- VAT number
- BE 0717.955.396
- Registered office
- Marsveldplein 5, 1050 Elsene
- Names & denominations
- Ardonagh Specialty Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2019
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars
Herverzekering
Rechtstreekse verzekeringsverrichtingen niet-leven
Rechtstreekse verzekeringsverrichtingen leven