What does ARDENNE-CONCEPT do?

ARDENNE-CONCEPT is a hotel in Verviers. Public Limited, started on 19 September 2003, 1 establishment.

What is the address of ARDENNE-CONCEPT?

The registered office of ARDENNE-CONCEPT is located at Rue Grétry 9, 4800 Verviers.

Is ARDENNE-CONCEPT still active?

Yes. According to the CBE (31 October 2026) ARDENNE-CONCEPT is active, legal situation “Normale toestand”, started on 19 September 2003.

Is ARDENNE-CONCEPT registered on Peppol?

Yes, ARDENNE-CONCEPT is registered on the Peppol network with ID 0208:0860588948.

What is the enterprise number of ARDENNE-CONCEPT?

The enterprise number of ARDENNE-CONCEPT is BE0860588948.

When was ARDENNE-CONCEPT founded?

ARDENNE-CONCEPT was founded on 19 September 2003.

Who are the directors of ARDENNE-CONCEPT?

According to the 2025 annual accounts, the directors of ARDENNE-CONCEPT are: Michel VAN DER VEKEN, Geneviève DALE, CP MANAGEMENT SNC, Claude PAQUAY, Sarah PAQUAY.

Is ARDENNE-CONCEPT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 September 2003; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did ARDENNE-CONCEPT make in 2025?

ARDENNE-CONCEPT recorded a loss after taxes of € 50,125 in financial year 2025.

What is the revenue of ARDENNE-CONCEPT?

As a small company, ARDENNE-CONCEPT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 364,881.

ARDENNE-CONCEPT (Public Limited) - Verviers

Dossier ARDENNE-CONCEPT, printed on 31 October 2026 from databakkes.be/en/0860588948/ardenne-concept. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

ARDENNE-CONCEPT from Verviers, company number BE0860588948, closed financial year 2025 with a result of € -50,125 after tax. For that financial year ARDENNE-CONCEPT recorded a gross margin of € 364,881 and equity of € -31,363. Compared with financial year 2024, the result moved from € -194,330 to € -50,125. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.

What it is worth Caution

€ -31,363

▼ € 51,949 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -50,125

▲ 74 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,390

▼ 28% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -452,481.

People and assets in 2025

Wage cost

€ 335,286

▼ 2% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 389

▼ 62% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 275,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 112,599

▲ 80% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 30,184

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 273,865 Gross margin 2022: € 273,865 First fiscal year in the series	€ 314,687 Gross margin 2023: € 314,687 ▲ 15% vs 2022 (€ 273,865) Favourable step	€ 235,675 Gross margin 2024: € 235,675 ▼ 25% vs 2023 (€ 314,687) Unfavourable step	€ 364,881 Gross margin 2025: € 364,881 ▲ 55% vs 2024 (€ 235,675) Favourable step	▲ 55%
Profit after taxes	€ -61,088 Profit after taxes 2022: € -61,088 First fiscal year in the series	€ -77,191 Profit after taxes 2023: € -77,191 ▼ € 16,103 vs 2022 (€ -61,088) Unfavourable step	€ -194,330 Profit after taxes 2024: € -194,330 ▼ € 117,138 vs 2023 (€ -77,191) Unfavourable step	€ -50,125 Profit after taxes 2025: € -50,125 ▲ € 144,204 vs 2024 (€ -194,330) Favourable step	▲ € 144,204
Equity	€ 295,753 Equity 2022: € 295,753 First fiscal year in the series	€ 216,738 Equity 2023: € 216,738 ▼ 27% vs 2022 (€ 295,753) Unfavourable step	€ 20,585 Equity 2024: € 20,585 ▼ 91% vs 2023 (€ 216,738) Unfavourable step	€ -31,363 Equity 2025: € -31,363 ▼ € 51,949 vs 2024 (€ 20,585) Unfavourable step	▼ € 51,949
Total debts	€ 322,951 Total debts 2022: € 322,951 First fiscal year in the series	€ 403,030 Total debts 2023: € 403,030 ▲ 25% vs 2022 (€ 322,951) Unfavourable step	€ 450,439 Total debts 2024: € 450,439 ▲ 12% vs 2023 (€ 403,030) Unfavourable step	€ 421,017 Total debts 2025: € 421,017 ▼ 7% vs 2024 (€ 450,439) Favourable step	▼ 7%
Cash	€ 103,773 Cash 2022: € 103,773 First fiscal year in the series	€ 60,870 Cash 2023: € 60,870 ▼ 41% vs 2022 (€ 103,773) Unfavourable step	€ 4,709 Cash 2024: € 4,709 ▼ 92% vs 2023 (€ 60,870) Unfavourable step	€ 3,390 Cash 2025: € 3,390 ▼ 28% vs 2024 (€ 4,709) Unfavourable step	▼ 28%
Land & buildings	€ 291,286 Land & buildings 2022: € 291,286 First fiscal year in the series	€ 244,654 Land & buildings 2023: € 244,654 ▼ 16% vs 2022 (€ 291,286) Unchanged	€ 213,274 Land & buildings 2024: € 213,274 ▼ 13% vs 2023 (€ 244,654) Unchanged	€ 176,281 Land & buildings 2025: € 176,281 ▼ 17% vs 2024 (€ 213,274) Unchanged	▼ 17%
Retained profit	€ -130,835 Retained profit 2022: € -130,835 First fiscal year in the series	€ -208,026 Retained profit 2023: € -208,026 ▼ € 77,191 vs 2022 (€ -130,835) Unfavourable step	€ -402,356 Retained profit 2024: € -402,356 ▼ € 194,330 vs 2023 (€ -208,026) Unfavourable step	€ -452,481 Retained profit 2025: € -452,481 ▼ € 50,125 vs 2024 (€ -402,356) Unfavourable step	▼ € 50,125
Bank debt	€ 275,000 Bank debt 2022: € 275,000 First fiscal year in the series	€ 275,000 Bank debt 2023: € 275,000 Unchanged (€ 275,000) Unchanged	€ 275,000 Bank debt 2024: € 275,000 Unchanged (€ 275,000) Unchanged	€ 275,000 Bank debt 2025: € 275,000 Unchanged (€ 275,000) Unchanged
Balance sheet total	€ 618,704 Balance sheet total 2022: € 618,704 First fiscal year in the series	€ 619,769 Balance sheet total 2023: € 619,769 Unchanged (€ 618,704) Unchanged	€ 471,024 Balance sheet total 2024: € 471,024 ▼ 24% vs 2023 (€ 619,769) Unchanged	€ 389,653 Balance sheet total 2025: € 389,653 ▼ 17% vs 2024 (€ 471,024) Unchanged	▼ 17%

Key figures of ARDENNE-CONCEPT, 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-CONCEPT?

What happened at ARDENNE-CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Geneviève DALE stepped down as director. NBB
2028 CP MANAGEMENT SNC stepped down as director. NBB
2028 Claude PAQUAY stepped down as director. NBB
2028 Michel VAN DER VEKEN stepped down as director. NBB
2028 Sarah PAQUAY stepped down as director. NBB
Aug 4, 2026 New annual accounts for financial year 2025: loss of € 50,125. filed late Source: NBB ↗
2026 Michel VAN DER VEKEN became a director. NBB
2026 Sarah PAQUAY became a director. NBB

In short

From € 61,088 loss in 2022 to € 50,125 loss in 2025.

Original PDFs at the National Bank ↗

Management

CP MANAGEMENT 50%

PAQUAY ET ASSOCIES 0.5%

PAQUAY IMMO & INVEST 0%

The stake of CP MANAGEMENT, PAQUAY ET ASSOCIES, PAQUAY IMMO & INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ARDENNE-CONCEPT

The shares are held by CP MANAGEMENT (50%), PAQUAY ET ASSOCIES (0.5%) and PAQUAY IMMO & INVEST (0%).

Directors

According to the 2025 annual accounts

Michel VAN DER VEKEN

Director

since 2026 · until 2028

Geneviève DALE

Director

since 2022 · until 2028

CP MANAGEMENT SNC

Director

Owns 0.1% via PAQUAY ET ASSOCIES

Also active at: PAQUAY ET ASSOCIES, ROND-POINT

since 2022 · until 2028

Claude PAQUAY

Managing director

since 2022 · until 2028

Sarah PAQUAY

Director

since 2026 · until 2028

Shareholders

CP MANAGEMENT

50%

PAQUAY ET ASSOCIES · holding of CP MANAGEMENT SNC

0.5%

PAQUAY IMMO & INVEST

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Grétry 9

4800 Verviers

2.133.627.638

Rue du Vieux-Marché 1

6690 Vielsalm

Active since 11 September 2003

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

PAQUAY IMMO & INVEST same network

€ 335,675 gross margin · 2025

Association des copropriétaires du DOMAINE DU PARC, à 4800 Verviers, rue Grétry, 9

Association des copropriétaires du DOMAINE DU PARC-Résidence LE CHÊNE, à 4800 Verviers, rue Grétry, 9

ROND-POINT same network

€ -737 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0860.588.948

VAT number

BE 0860.588.948

Registered office

Rue Grétry 9, 4800 Verviers

Names & denominations

ARDENNE-CONCEPT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 September 2003

Peppol

Active · Active since 3 Sept 2025

Activities · NACE

Hotels en motels, zonder restaurant

Hotels en dergelijke accommodatie

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

ARDENNE-CONCEPT

Warning lights

Financials

What happened to ARDENNE-CONCEPT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions