Financials
Financial year 2025
ARDEN'FOREST from Florenville, company number BE0867195539, closed financial year 2025 with a result of € -22,932 after tax. For that financial year ARDEN'FOREST recorded a gross margin of € 194,895 and equity of € 273,508. Compared with financial year 2024, the result moved from € 4,835 to € -22,932. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 273,508
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,932
▼ still € 4,835 profit in 2024
Profit after tax over the fiscal year.
€ 19,635
▲ 170% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 233,608.
People and assets in 2025
1.4
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 80,115
▼ 12% vs 2024
€ 57,200 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.
€ 114,922
▼ 46% vs 2024
Of which on lease € 94,206.
Debts at end 2025
€ 159,393
▼ 35% vs 2024
€ 67,015 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 603,399
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,543
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 261,223 | € 225,505 | € 222,074 | € 194,895 | ▼ 12% |
| Profit after taxes | € 13,836 | € -37,221 | € 4,835 | € -22,932 | ▼ € 27,767 |
| Equity | € 335,643 | € 294,652 | € 296,440 | € 273,508 | ▼ 8% |
| Total debts | € 1,050,680 | € 1,060,198 | € 1,088,075 | € 1,073,741 | ▼ 1% |
| Cash | € 10,009 | € 732 | € 7,259 | € 19,635 | ▲ 170% |
| Retained profit | € 288,926 | € 251,705 | € 256,540 | € 233,608 | ▼ 9% |
| Bank debt | € 469,641 | € 324,450 | € 246,108 | € 159,393 | ▼ 35% |
| Balance sheet total | € 1,386,324 | € 1,354,850 | € 1,384,515 | € 1,347,249 | ▼ 3% |
| Employees (FTE) | 1 | 1 | 1.9 | 1.4 | ▼ 0.5 |
Key figures of ARDEN'FOREST, 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 ARDEN'FOREST?
What happened at ARDEN'FOREST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,932 (▼ € 27,767 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Herbeumont. KBO
- Pascal Limonier became a director. NBB
In short
From € 13,836 profit in 2022 to € 22,932 loss in 2025.
Paid € 14,322 in corporate taxes since 2022.
Best year ever: 2022, with € 13,836 profit.
On average € 139,200 of value added per employee in 2025.
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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
Behind ARDEN'FOREST are Cathy Pinon and Pascal Limonier. Pascal Limonier is also behind LES PIQUETS D'ARDENNE.
Directors
According to the 2025 annual accounts
Cathy Pinon
Administrator-manager
since 2004
Establishments
Establishment units
Physical locations of this company
Les Hauts de Lambermont, Muno 1
6820 Florenville
Place de Gribomont, St-Médard 5
6887 Herbeumont
Active since 26 August 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.195.539
- VAT number
- BE 0867.195.539
- Registered office
- Les Hauts de Lambermont, Muno 1, 6820 Florenville
- Names & denominations
- ARDEN'FOREST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2004
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
Exploitatie van bossen