ANDALIGHT
ActiveSummary
ANDALIGHT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €-28k. Equity is shrinking by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
short-term debt: 0.9% and cash: 37.1% of total assets, and 0.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.1%
Return on assets
-44.4%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-28k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
13 d early
2023
on the day
2022
on the day
2021
1 d late
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▼ 30.9%
2024 · €89k
Total assets
€62k▼ 33.5%
2024 · €94k
Net result
€-28k▼ 38.3%
2024 · €-20k
Working capital
€60k▼ 31.8%
2024 · €88k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-33k€-18k▲ 45.5%€-14k▲ 20.6%€-20k▼ 38.0%€-30k▼ 50.5%
Net result€-31k€-18k▲ 41.3%€-14k▲ 23.5%€-20k▼ 41.3%€-28k▼ 38.3%
Equity€142k▼ 18.2%€123k▼ 13.0%€109k▼ 11.5%€89k▼ 18.3%€62k▼ 30.9%
Total assets€143k▼ 19.6%€125k▼ 12.4%€116k▼ 7.1%€94k▼ 19.5%€62k▼ 33.5%
Debt€1k▼ 77.2%€2k▲ 79.3%€7k▲ 289%€4k▼ 38.9%€535▼ 87.5%
Working capital€136k▼ 16.7%€121k▼ 10.7%€108k▼ 11.3%€88k▼ 18.2%€60k▼ 31.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30k in 2025 against €20k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€1k ▲ 40.1%
Current assets
€61k ▼ 34.4%
Equity and liabilities €62k
Equity
€62k ▼ 30.9%
Debt
€535 ▼ 87.5%
Debt's share of the balance-sheet total falls from 4.6% to 0.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-30k▼
2024 · €-20k
Cash flow
€-27k▼
2024 · €-20k
Debt to equity
0.01▼
2024 · 0.05
ROE
-44.8%▼
2024 · -22.4%
ROA
-44.4%▼
2024 · -21.4%
Interest coverage
-399.23▼
2024 · -273.57
Debt ≤ 1 year
€535▼
2024 · €4k
Income taxes
€107▼
2024 · €332
A ratio outside any meaningful range has been withheld (balance sheet total €62k, equity €62k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €4k | €456 | €394 | €353 | ▼ 10.5% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €2k | ▲ 4.5% |
| Non-recurring operating charges66A | - | €129 | €84 | - | - | - |
| Gross operating margin9900 | €-27k | €-12k | €-12k | €-18k | €-28k | ▼ 55.5% |
| Operating profit (loss)9901 | €-33k | €-18k | €-14k | €-20k | €-30k | ▼ 50.5% |
| Financial income75/76B | - | €91 | €773 | €352 | €3k | ▲ 624% |
| Recurring financial income75 | €2k | €91 | €773 | €352 | €3k | ▲ 624% |
| Financial charges65/66B | - | €84 | €144 | €71 | €74 | ▲ 4.0% |
| Recurring financial charges65 | €83 | €84 | €144 | €71 | €74 | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | €-31k | €-18k | €-14k | €-20k | €-28k | ▼ 40.1% |
| Income taxes67/77 | €258 | €309 | €323 | €332 | €107 | ▼ 67.8% |
| Profit (loss) for the period9904 | €-31k | €-18k | €-14k | €-20k | €-28k | ▼ 38.3% |
| Profit (loss) for the period to be appropriated9905 | €-31k | €-18k | €-14k | €-20k | €-28k | ▼ 38.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143k | €125k | €116k | €94k | €62k | ▼ 33.5% |
| Fixed assets21/28 | €6k | €2k | €1k | €1k | €1k | ▲ 40.1% |
| Tangible fixed assets22/27 | €6k | €2k | €1k | €1k | €1k | ▲ 40.1% |
| Plant, machinery and equipment23 | - | €2k | €1k | €1k | €1k | ▲ 48.3% |
| Furniture and vehicles24 | - | €387 | €223 | €60 | - | - |
| Current assets29/58 | €137k | €123k | €115k | €92k | €61k | ▼ 34.4% |
| Stocks and contracts in progress3 | €651 | €936 | €475 | €512 | €521 | ▲ 1.9% |
| Stocks30/36 | - | €936 | €475 | €512 | €521 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €32k | €41k | €47k | €39k | €35k | ▼ 9.2% |
| Trade receivables40 | - | €13k | €13k | €2k | €365 | ▼ 84.0% |
| Other amounts receivable41 | - | €29k | €33k | €36k | €35k | ▼ 4.5% |
| Current investments50/53 | €60k | €60k | €60k | €23k | - | - |
| Cash at bank and in hand54/58 | €44k | €21k | €7k | €30k | €23k | ▼ 22.0% |
| Deferred charges and accrued income490/1 | - | - | - | €576 | €2k | ▲ 234% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143k | €125k | €116k | €94k | €62k | ▼ 33.5% |
| Equity10/15 | €142k | €123k | €109k | €89k | €62k | ▼ 30.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Reserves13 | €22k | €22k | €22k | €22k | €22k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €20k | €20k | €22k | €22k | = |
| Profit (loss) carried forward14 | €101k | €83k | €69k | €49k | €21k | ▼ 56.6% |
| Amounts payable17/49 | €1k | €2k | €7k | €4k | €535 | ▼ 87.5% |
| Amounts payable within one year42/48 | €1k | €2k | €7k | €4k | €535 | ▼ 87.5% |
| Trade debts44 | €686 | €1k | €5k | €900 | €535 | ▼ 40.6% |
| Suppliers440/4 | - | €1k | €5k | €900 | €535 | ▼ 40.6% |
| Taxes, remuneration and social security45 | - | €372 | €2k | €3k | - | - |
| Taxes450/3 | - | €372 | €323 | €262 | - | - |
| Remuneration and social security454/9 | - | - | €2k | €3k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-31k | €-18k | €-14k | €-20k | €-28k | ▼ 38.3% |
| + Depreciation and write-downs630 | €5k | €4k | €456 | €394 | €353 | ▼ 10.5% |
| Operating cash flow (approximation) | €-27k | €-14k | €-14k | €-20k | €-27k | ▼ 39.3% |
| Investment in fixed assets (approximation) | - | €-491 | €0 | €0 | €-781 | - |
| Change in cash | - | €-23k | €-14k | €22k | €-6k | ▼ 129% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity times 5current ratio 113.43
Current ratio from 21.56 to 113.43; short-term debt falls from €4k to €535.
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
31-03
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity quadruplescurrent ratio 136.12
Current ratio from 37.93 to 136.12; short-term debt falls from €4k to €1k.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
31-03
Financial
Liquidity doublescurrent ratio 37.93
Current ratio from 17.77 to 37.93; short-term debt falls from €9k to €4k.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Izegem · 1 establishment unit since 1994
Ground area
2,871 m²
Building footprint
207 m²
Volume, LiDAR
1,305 m³
Parcel 36494D0216/00F003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vuurkruiserslaan 1, 8870 Izegem
since 19942.069.350.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0216/00F003 | Flanders | 2,871 m² | 1 · 207 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TIA Solutions
BE 1022.801.949
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VOCHT IN UW WONING
BE 0552.902.671
Pajottegem · Eq €61,573
Macovei Brothers Construct
BE 0794.753.959
Andenne · Eq €61,680
MATTHIAS PERSYN
BE 0806.745.931
Ichtegem · Eq €61,717
Etech elektriciteitswerken
BE 0763.662.093
Diest · Eq €61,534
Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,706 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-12-1994
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.