Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ARDO ENERGY from Ardooie, company number BE0733620502, closed financial year 2025 with a result of € -47,835 after tax. Compared with financial year 2024, the result moved from € -31,183 to € -47,835. 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 December 15, 2025.
€ 222,180
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,835
▼ 53 % more loss than in 2024
Profit after tax over the fiscal year.
€ 116,175
▲ € 101,449 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -147,820.
Debts at end 2025
€ 2.9 million
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 23,801
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 862 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -21,817 | € -39,914 | € -31,183 | € -47,835 | ▼ € 16,652 |
| Equity | € 341,111 | € 301,197 | € 270,015 | € 222,180 | ▼ 18% |
| Total debts | € 1,311,923 | € 2,429,303 | € 2,923,259 | € 2,974,059 | ▲ 2% |
| Cash | € 4,570 | € 2,539 | € 14,726 | € 116,175 | ▲ € 101,449 |
| Retained profit | € -28,889 | € -68,803 | € -99,985 | € -147,820 | ▼ € 47,835 |
| Bank debt | € 1,297,500 | € 2,392,547 | € 2,883,469 | € 2,940,597 | ▲ 2% |
| Balance sheet total | € 1,653,034 | € 2,730,500 | € 3,193,274 | € 3,196,239 |
Key figures of ARDO ENERGY, 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 January 2027.
What happened to ARDO ENERGY?
What happened at ARDO ENERGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PRO FUND BV stepped down as director. NBB
- Jan HASPESLAGH stepped down as director. NBB
- JULES NOTEN COMM. V. stepped down as director. NBB
- Bernard HASPESLAGH stepped down as director. NBB
- Stefaan Decraene stepped down as director. NBB
- TNFO NV stepped down as director. NBB
- VASTICOM BV stepped down as director. NBB
- Liesbeth HASPESLAGH stepped down as director. NBB
In short
From € 21,817 loss in 2022 to € 47,835 loss in 2025.
Management
The stake of RIWARD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARDO ENERGYThe shares are held by RIWARD (100%). It owns 50% of Ardo Energy Belgium and 25% of Hesbaye Energie itself.
Directors
According to the 2025 annual accounts
Director · represented by Connie Vandendriessche
Also active at: INSURANCE INVESTMENTS, ALLIA INSURANCE BROKERS, EnergyVision, Medipartner Holding, Pro-Tinue, Insurance Investments Group, Insurance Investments International, PIAGROUP International +3 more
since 2021 · until 2026
Jan HASPESLAGH
Director
Also active at: Cube, FIEUW KOELTECHNIEK, RMS CONTROLS, FIEBRA, CLIMA COOLSYSTEMS, CONFELIM, Greenway Foods Holding, RIWARD +3 more
since 2021 · until 2026
Director · represented by Jules NOTEN
Also active at: SIHOLD, Siena Invest, DIGROM IMMO, ARDO FOODS, Kaeron
since 2021 · until 2026
Michel HASPESLAGH
Director
since 2023 · until 2025
since 2019 · until 2026
since 2021 · until 2026
since 2024 · until 2026
Director · represented by Jan Vander Stichele
Also active at: LOTUS BAKERIES, HESBAYEFROST, STEENHOUT, BEAULIEU INTERNATIONAL GROUP, B.I.G COORDINATION CENTER, Vanéflon Holding, HESBAYE IMMO, DIGROM IMMO +2 more
since 2021 · until 2026
since 2023 · until 2026
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Wezestraat 61
8850 Ardooie
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →ARDO ARDOOIE
€ 140.3 million revenue · 2025
ARDO
€ 792.8 million revenue · 2025
VEGRAS
€ 49.8 million revenue · 2025
Inero
€ 73,794 gross margin · 2025
RIWARD same network
+4 more
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
Microsoft 365
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Domain
Domain
ardo.com
Registered
2000-03-19
Registrar
EuroDNS S.A.
Expires
2027-03-19
Website info
Features
Security
Details
- Company number
- 0733.620.502
- VAT number
- BE 0733.620.502
- Registered office
- Wezestraat 61, 8850 Ardooie
- Names & denominations
- ARDO ENERGY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 2019
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- ardo.com