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 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ARDENO from Gent, company number BE0766286934, closed financial year 2025 with a result of € 325,028 after tax. For that financial year ARDENO recorded a gross margin of € 3.8 million and equity of € 26.3 million. Compared with financial year 2024, the result moved from € -320,308 to € 325,028. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 26.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 325,028
▲ still € 320,308 loss in 2024
Profit after tax over the fiscal year.
€ 983,835
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 14,403.
Debts at end 2025
€ 29.6 million
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 1.2 million
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,438
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 815,334 | € 5,191,073 | € 3,083,529 | € 3,787,227 | ▲ 23% |
| Profit after taxes | € -922,145 | € 2,514,424 | € -320,308 | € 325,028 | ▲ € 645,336 |
| Equity | € 41,416,636 | € 42,525,197 | € 26,004,889 | € 26,329,917 | ▲ 1% |
| Total debts | € 14,157,593 | € 18,354,293 | € 30,834,504 | € 31,082,778 | ▲ 1% |
| Cash | € 325,951 | € 7,478,691 | € 1,980,152 | € 983,835 | ▼ 50% |
| Land & buildings | € 41,408,127 | € 50,433,170 | € 53,765,833 | € 54,167,849 | ▲ 1% |
| Retained profit | € -2,493,886 | € 20,538 | € -310,625 | € 14,403 | ▲ € 325,028 |
| Bank debt | € 12,620,813 | € 16,458,474 | € 29,250,000 | € 29,625,000 | ▲ 1% |
| Balance sheet total | € 55,574,229 | € 60,879,490 | € 56,839,393 | € 57,412,695 | ▲ 1% |
Key figures of ARDENO, 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 ARDENO?
What happened at ARDENO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 325,028. Source: NBB ↗
- ASSETS INVEST BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- QRF MANAGEMENT NV became a director. NBB
- BALTISSE REAL ESTATE nv became a director. NBB
In short
From € 922,145 loss in 2022 to € 325,028 profit in 2025.
Paid € 614,498 in corporate taxes since 2022.
Best year ever: 2023, with € 2.5 million profit.
A new publication or filing at ARDENO? 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 Baltisse Real Estate, PARTICIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARDENOBehind ARDENO are QRF MANAGEMENT NV, BALTISSE REAL ESTATE nv and ASSETS INVEST BV. The shares are held by Baltisse Real Estate (67.1%) and PARTICIMMO (3.6%).
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Marc JANSSENS
Also active at: BOEVERIE, XIOR Namen, VICTORIA REGINA, Well One, Victoria Regina Holding, PELICAN, Victoria Hotel Opco, Victoria Co-working Opco +10 more
since 2021
Director · represented by Alex DE WITTE
Also active at: ARGIBEL, BUILDING, WATT FACTORY, BOEVERIE, LIEGE BECASSE, XIOR Namen, VICTORIA REGINA, BLUE LINE STORAGE +20 more
since 2022
Shareholders
67.1%
3.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Huis te Lande
€ -185,764 gross margin · 2025
ARGIBEL same network
€ 62,256 gross margin · 2025
BUILDING same network
€ 319,319 gross margin · 2025
Marieposa
€ -22,893 gross margin · 2025
North Beach
€ -34,684 gross margin · 2025
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0766.286.934
- VAT number
- BE 0766.286.934
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- ARDENO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 2021
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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