ARDA
ActiveARDA has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.42M and a net result of €388k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 4486 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-1
Solvency100=
Growth70▲+2
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 11.63 against 13.6 in 2024), and 11.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.4%
Return on assets
4.6%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
11 d early
2023
6 d early
2022
4 d early
2021
3 d early
2020
12 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close11-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€682k▲ 13.1%
2024 · €603k
2019: €477k
2020: €398k
2021: €477k
2022: €477k
2023: €529k
2024: €603k
2019 → 2025
EBIT margin
64.4%▲ 0.1pp
2024 · 64.3%
2019: 63.5%
2020: 53.1%
2021: 62.9%
2022: 57.4%
2023: 65.2%
2024: 64.3%
2019 → 2025
Net result
€388k▼ 5.5%
2024 · €411k
2019: €240k
2020: €179k
2021: €509k
2022: €1.65M
2023: €310k
2024: €411k
2019 → 2025
Working capital
€3.98M▲ 7.1%
2024 · €3.71M
2019: €3.05M
2020: €3.29M
2021: €3.86M
2022: €5.29M
2023: €5.54M
2024: €3.71M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€477k-€477k▲ 0.1%€529k▲ 10.8%€603k▲ 14.1%€682k▲ 13.1%
Equity€6.22M-€7.87M▲ 26.6%€8.18M▲ 3.9%€7.19M▼ 12.1%€7.42M▲ 3.2%
Operating result€300k-€274k▼ 8.6%€345k▲ 25.8%€388k▲ 12.6%€440k▲ 13.4%
Net result€509k-€1.65M▲ 225%€310k▼ 81.2%€411k▲ 32.5%€388k▼ 5.5%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 13% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.39M
Fixed assets
€4.04M▼ 3.4%
Current assets
€4.35M▲ 8.6%
Equity and liabilities €8.39M
Equity
€7.42M▲ 3.2%
Provisions
€41k▼ 8.9%
Debt
€930k▼ 2.4%
The debt ratio falls from 11.6% to 11.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€582k▲
2024 · €529k
Cash flow
€530k▼
2024 · €553k
Solvency
88.4%▲
2024 · 87.8%
Current ratio
11.63▼
2024 · 13.60
Quick ratio
11.63▼
2024 · 13.60
Debt / equity
0.13▼
2024 · 0.13
ROE
5.2%▼
2024 · 5.7%
ROA
4.6%▼
2024 · 5.0%
Interest coverage
23.11▼
2024 · 49.10
Debt
€930k▼
2024 · €954k
Debt ≤ 1 year
€374k▲
2024 · €295k
Debt > 1 year
€555k▼
2024 · €659k
Income taxes
€134k▲
2024 · €130k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.19M€8.39M▲
Fixed assets21/28€4.18M€4.04M▼
Tangible fixed assets22/27€2.61M€2.47M▼
Land and buildings22€2.30M€2.18M▼
Plant, machinery and equipment23€309k€286k▼
Financial fixed assets28€1.58M€1.58M=
Affiliated companies280/1€1.58M€1.58M=
Participating interests280€1.58M€1.58M=
Current assets29/58€4.01M€4.35M▲
Amounts receivable after more than one year29€132k€40k▼
Other amounts receivable291€132k€40k▼
Amounts receivable within one year40/41€3.46M€2.92M▼
Trade receivables40€127k€150k▲
Other amounts receivable41€3.33M€2.77M▼
Current investments50/53-€803k
Other investments51/53-€803k
Cash at bank and in hand54/58€418k€567k▲
Deferred charges and accrued income490/1€1k€20k▲
Equity and liabilities
Total equity and liabilities10/49€8.19M€8.39M▲
Equity10/15€7.19M€7.42M▲
Contributions10/11€328k€328k=
Capital10€328k-
Issued capital100€328k-
Reserves13€6.87M€7.09M▲
Non-distributable reserves130/1€33k-
Legal reserve130€33k-
Tax-exempt reserves132€135k€123k▼
Distributable reserves133€6.70M€6.97M▲
Provisions and deferred taxes16€45k€41k▼
Deferred taxes168€45k€41k▼
Amounts payable17/49€954k€930k▼
Amounts payable after more than one year17€659k€555k▼
Financial debts170/4€659k€555k▼
Credit institutions173€659k€555k▼
Amounts payable within one year42/48€295k€374k▲
Current portion of amounts payable after more than one year42€100k€104k▲
Trade debts44€42k€10k▼
Suppliers440/4€42k€10k▼
Taxes, remuneration and social security45€8k-
Taxes450/3€8k-
Other amounts payable47/48€146k€260k▲
Accrued charges and deferred income492/3€250€1k▲
Income statement
Code20242025
Operating income70/76A€607k€683k▲
Turnover70€603k€682k▲
Other operating income74€3k€787▼
Operating charges60/66A€219k€243k▲
Services and other goods61€40k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€142k▲
Other operating charges640/8€37k€38k▲
Operating profit (loss)9901€388k€440k▲
Financial income75/76B€162k€104k▼
Recurring financial income75€162k€104k▼
Income from current assets751€161k€104k▼
Other financial income752/9€502€140▼
Financial charges65/66B€12k€26k▲
Recurring financial charges65€12k€26k▲
Debt charges650€11k€25k▲
Other financial charges652/9€2k€767▼
Profit (loss) for the period before taxes9903€537k€518k▼
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€130k€134k▲
Taxes670/3€130k€134k▲
Profit (loss) for the period9904€411k€388k▼
Transfer from tax-exempt reserves789€12k€12k=
Profit (loss) for the period to be appropriated9905€423k€401k▼
Appropriation of the result
Profit (loss) to be appropriated9906€423k€401k▼
Transfer from equity791/2€1.40M-
From reserves792€1.40M-
Transfer to equity691/2€423k€240k▼
To other reserves6921€423k€240k▼
Profit to be distributed694/7€1.40M€160k▼
Return on contributions (dividend)694€1.40M€160k▼
The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Highest result since 2019net €1.65M ▲225%
Net result €1.65M, the highest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Liquidity times 6current ratio 119.43
Current ratio from 20.10 to 119.43; short-term debt falls from €172k to €33k.
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Weakest financial yearnet €179k ▼25.2%
Net result drops to €179k, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2025
KODOMA
CurrentDirector · since 10-07-2025 · Private limited company
MASAMO
CurrentDirector · since 10-07-2025 · Private limited company
10-07-2025
KODOMA: Resigned as Director
10-07-2025
KODOMA: Appointed as Director
10-07-2025
MASAMO: Resigned as Director
10-07-2025
MASAMO: Appointed as Director
Not every act has been read: a resignation may be missing here
12 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 1985
Ground area
3,277 m²
Building footprint
7,293 m²
Volume, LiDAR
54,400 m³
Parcel 11662E0576/00W016, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brasschaatsteenweg (C) 292, 2920 Kalmthout
since 19852.028.298.506
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0576/00W016 | Flanders | 3,277 m² | 1 · 7,293 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,971 companies in sector 68203 we hold annual accounts for 5,946. 2,178 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-1985
Fiscal year end30-06
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.