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 4502 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
15 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 close15-09-2026 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.
Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 1985
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brasschaatsteenweg (Ab) 2922920 KalmthoutGround 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 16,178 EUR awarded · 16,178 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 16,178 EUR |
| 2022 | 1 | 16,178 EUR | 0 EUR |
Schemes
Call groene stroom (stopgezet)
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 2,179 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 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.