ANDEK

Active

Private limited company (pre-2019)founded 2007active for 18 yearsGelijkheidstraat 181, 8400 Oostende, BelgiumKBO/BCE: BE 0893.457.694

Summary

The computed 12-month bankruptcy probability of ANDEK is 5.2% (elevated). For ANDEK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €346,362 and a net result of €38,033. Equity is growing by about 6.5% per year across the filed financial years. Its solvency ranks better than 88% of 18,150 sector peers (NACE 68, financial year 2023). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ANDEKActive

Risk analysis Report Compare

Activity

Buying and selling of own real estate

NACE 68110

1 site

Size

€411,232total assets 2023

Equity: €346,362
Profit: €38,033

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 5.2%

2023 figures too old to score

Structure

2024 accounts not filed, 453 days past the deadline5 deeds in the Belgian Official Gazette

Signalsraises riskFigures for financial year 2023 (filed 04-10-2024)2 financial years not filed after the legal deadline; last filed accounts filed 62 days late; 2 of the last 3 lateLiquidity: current ratio 5.99, cash €3,388Size: total assets €411,232Two or more financial years not filed2023 accounts filed 62 days lateShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Strong

Solvency 100=

equity 84.2% of total assets

Liquidity 47+3

short-term debt 15.8% · cash 0.8%

Profitability 80-1

return on assets 9.2%

Bankruptcy probability, 12 months

5.2% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,614 companies, NACE 68, micro)

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.6%▲ +0.1 percentage points vs 01-2025 03-2025: 0.5%▼ -0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.3%▲ +0.3 percentage points vs 09-2025 11-2025: 1.4%▲ +0.1 percentage points vs 10-2025 12-2025: 1.7%▲ +0.3 percentage points vs 11-2025 01-2026: 3.3%▲ +1.6 percentage points vs 12-2025 02-2026: 3.4%▲ +0.1 percentage points vs 01-2026 03-2026: 3.6%▲ +0.2 percentage points vs 02-2026 04-2026: 3.3%▼ -0.3 percentage points vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.3%● unchanged vs 05-2026 07-2026: 3.3%● unchanged vs 06-2026 08-2026: 4.5%▲ +1.2 percentage points vs 07-2026 09-2026: 4.5%● unchanged vs 08-2026 10-2026: 5.2%▲ +0.7 percentage points vs 09-2026highest value

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

raises risk

Figures for financial year 2023 (filed 04-10-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline; last filed accounts filed 62 days late; 2 of the last 3 late

NBB · filings

Liquidity: current ratio 5.99, cash €3,388

NBB · annual accounts

Size: total assets €411,232

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline27-10-2026 today

2023 accounts filed 62 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-10-2024, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

62 days late

2022

17 days late

2021

31 days late

2020

60 days late

2019

115 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 57 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-10-2024 Annual accounts filedfinancial year 2023 · micro…
17-08-2023 Annual accounts filedfinancial year 2022 · micro…
31-08-2022 Annual accounts filedfinancial year 2021 · micro…

Key points

Risk: 2024 accounts not fileddeadline was 31-07-2025 453 days past the deadline View
Positive: Among the best 13% on solvencysector median 31.2% · 18,150 companies 84.2% View
Positive: 6 profitable years in a rowprofit 2023: €38,033 6 years View

By topic

Financials

Financial year: 2023
Total assets: €411,232
Profit: €38,033
Solvency: 84.2%

Total assets▼ 0.7%

Net result

20182023

Go to Financials

Timeline

Events: 18
Since: 2009

29-09-2021Annual accounts filed
31-12-2020Liquidity more than triples
23-11-2020Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Buying and selling of own real estateNACE 68110
Founded: 13-11-2007
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Key facts about ANDEK

What is the company number of ANDEK?: 0893.457.694. In Belgium the VAT number is the company number with BE in front: BE 0893.457.694.
Where is ANDEK based?: The registered office is at Gelijkheidstraat 181, 8400 Oostende.Company details
What does ANDEK do?: According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of ANDEK?: Private limited company (pre-2019) (BVBA).
When was ANDEK founded?: On 13-11-2007.
Is ANDEK still active?: Yes, ANDEK is an active enterprise in the KBO register.
What is the turnover of ANDEK?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ANDEK profitable?: In financial year 2023, ANDEK made a profit of €38,033.
Where can I find the annual accounts of ANDEK?: ANDEK filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2023.