Skip to content

ANDEL

Active
Public limited companyfounded 1987active for 38 yearsAvenue Herbert Hoover 20, 1332 Rixensart, BelgiumKBO/BCE: BE 0432.489.841
Summary

ANDEL has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13.1m and a net result of -€384,216. Equity is growing by about 2.6% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow ReportCompare
ANDELActiveChecked score 82/100
Risk analysis ReportCompare

History

ANDEL was incorporated on 23 October 1987.1 Between 2012 and 2022 the capital was increased 7 times, most recently to €20.9m.234 The board currently has 23 members; Anthony R. Martin has served longest, since 2010.5 Total assets rose from €20.0m in 2018 to €23.1m in 2024.6

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2Belgian Official Gazette, 01-08-2012
  3. 3Belgian Official Gazette, 27-06-2022
  4. 4Belgian Official Gazette, 27-07-2022
  5. 5Belgian Official Gazette, 29-06-2023
  6. 6National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2026
16-09
Gazette deed Permanent representative: Olivier Peeters
Appointments: Frédéric Muzard, SRL CERVO HOSPITALITY and SRL GOSTART · Reappointments: SRL GOSTART, John C. Martin and 13 others · Resignation: SCS VANDER PUTTEN PHILIPPE (director)20 facts ▸
  • Permanent representative, Olivier Peeters
  • Director appointment, Frédéric Muzard (director)
  • Director appointment, SRL CERVO HOSPITALITY (director)
  • Director reappointment, SRL GOSTART (director)
  • Director reappointment, John C. Martin (director)
  • Director reappointment, Anthony R. Martin (director)
  • Director reappointment, SRL CERVO HOSPITALITY (director)
  • Director reappointment, Alexia Martin (director)
  • Director reappointment, Frédéric Muzard (director)
  • Director reappointment, SRL WENMAR (director)
  • Director reappointment, SA JOHN MARTIN (director)
  • Director reappointment, SA HOLMAR (director)
  • +8 further facts in this act
16-09
Gazette deed Resignation: SRL NOLICIS ENTERPRISE (director)
Appointment: SRL CERVO HOSPITALITY (director) · Permanent representative: John Gabriel MARTIN19 facts ▸
  • Board meeting, 13-03-2026
  • Director resignation, SRL NOLICIS ENTERPRISE (director)
  • Other statement, “sans effet sur les autres mandats et missions de la SRL NOLICIS ENTERPRISE au sein de la société et du groupe, mandats” (deed in French)
  • Director appointment, SRL CERVO HOSPITALITY (director)
  • Permanent representative, John Gabriel MARTIN
  • Board composition, SRL GOSTART (director)
  • Board composition, John C. Martin (director)
  • Board composition, Anthony R. Martin (director)
  • Board composition, Alexia Martin (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, SRL CERVO HOSPITALITY (director)
  • Board composition, Frédéric Muzard (director)
  • +7 further facts in this act
16-09
Gazette deed Resignation: Jacques Muzard (director)
Appointment: Frédéric Muzard (director)2 facts ▸
  • Director resignation, Jacques Muzard (director)
  • Director appointment, Frédéric Muzard (director)
2025
01-12
Gazette deed Permanent representatives: Olivier Peeters and Frédéric Adriaens
3 facts ▸
  • Board meeting, 06-10-2025
  • Permanent representative, Olivier Peeters
  • Permanent representative, Frédéric Adriaens
03-07
NBB filing Annual accounts filed
financial year 2024 · full format
03-07
NBB filing Annual accounts filed
financial year 2024 · consolidated
2024
20-06
NBB filing Annual accounts filed
financial year 2023 · full format
20-06
NBB filing Annual accounts filed
financial year 2023 · consolidated
17-06
Gazette deed Permanent representative: Frédéric Adriaens
Resignation: Serge De Milt (permanent representative)3 facts ▸
  • Board meeting, 26-03-2024
  • Permanent representative, Frédéric Adriaens
  • Director resignation, Serge De Milt (permanent representative)
2023
31-12
Financial Weakest financial yearnet -€3.4m
Net result drops to -€3.4m, the lowest in the series; recovery starts the following year.
29-06
Gazette deed Reappointments: John C. Martin, Alexia Martin and 12 others
Permanent representatives: Francis Pennequin, Brigitte Gouder de Beauregard and 8 others · Appointments: WENMAR, SPARAXIS and 2 others44 facts ▸
  • General meeting, 31-05-2023
  • Director reappointment, John C. Martin (director)
  • Director reappointment, Alexia Martin (director)
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, NOLICIS ENTERPRISE (director)
  • Permanent representative, Francis Pennequin
  • Director reappointment, RE-INVEST (director)
  • Permanent representative, Brigitte Gouder de Beauregard
  • Director reappointment, Anthony R. Martin (director)
  • Director reappointment, JOHN MARTIN (director)
  • Permanent representative, Serge De Milt
  • Director reappointment, HOLMAR (director)
  • +32 further facts in this act
28-06
NBB filing Annual accounts filed
financial year 2022 · full format
Show earlier events
28-06
NBB filing Annual accounts filed
financial year 2022 · consolidated
2022
28-11
Gazette deed Permanent representatives: Nicolas Lemaire and Philippe Vander Putten
Appointment: SCS Vander Putten Philippe (independent director) · Resignation: Michaël Jacques de Dixmude (director)19 facts ▸
  • General meeting, 28-09-2022
  • Permanent representative, Nicolas Lemaire
  • Director appointment, SCS Vander Putten Philippe (independent director)
  • Permanent representative, Philippe Vander Putten
  • Board composition, John C. Martin (director)
  • Board composition, Anthony R. Martin (director)
  • Board composition, Jacques Muzard (director)
  • Board composition, Alexia Martin (director)
  • Board composition, Jonathan Martin (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, Adeline Simont (director)
  • Board composition, SRL GOSTART (director)
  • +7 further facts in this act
27-07
Gazette deed Capital & shares
Share issue · Capital increase · Amendment of the articles5 facts ▸
  • General meeting, 20-07-2022
  • Share issue, 147638, 1.500.002,08 €
  • Share issue, 98425, 999.998,00 €
  • Capital increase, €2,500,000.08
  • Amendment of the articles
27-06
Gazette deed Permanent representatives: PENNEQUIN Francis, JACQUES de DIXMUDE Michaël and 4 others
Capital increase · Power of attorney23 facts ▸
  • General meeting, 22-06-2022
  • Capital increase, €2,500,000.08
  • Power of attorney, MARTIN John
  • Power of attorney, MARTIN Anthony R.
  • Board composition, MARTIN John (director)
  • Board composition, MARTIN Anthony R. (director)
  • Board composition, NOLICIS ENTERPRISE (director)
  • Permanent representative, PENNEQUIN Francis
  • Board composition, HOLMAR (director)
  • Permanent representative, JACQUES de DIXMUDE Michaël
  • Board composition, GOSTART (director)
  • Permanent representative, de GOUSSENCOURT Christian
  • +11 further facts in this act
10-06
NBB filing Annual accounts filed
financial year 2021 · full format
10-06
NBB filing Annual accounts filed
financial year 2021 · consolidated
24-05
Gazette deed Miscellaneous
Capital increase · Share issue · Power of attorney9 facts ▸
  • General meeting, 20-05-2022
  • Capital increase, €2,500,000.08
  • Share issue, 246063, 10.16
  • Power of attorney, MARTIN John
  • Power of attorney, PENNEQUIN Francis
  • Bank account, “BE48 0882 9389 3827” (deed in French)
  • Subscription period, “2022-06-19T16:00, préférentielle” (deed in French)
  • Subscription period, “2022-06-27T16:00, non-préférentielle” (deed in French)
  • Share participation, “à partir de l'exercice social débutant le 1er janvier 2022” (deed in French)
2021
25-06
Gazette deed Resignation: Brigitte Gouder de Beauregard (director)
Appointment: RE-INVEST (director) · Permanent representative: Brigitte Gouder de Beauregard4 facts ▸
  • General meeting, 26-05-2021
  • Director resignation, Brigitte Gouder de Beauregard (director)
  • Director appointment, RE-INVEST (director)
  • Permanent representative, Brigitte Gouder de Beauregard
14-06
NBB filing Annual accounts filed
financial year 2020 · full format
14-06
NBB filing Annual accounts filed
financial year 2020 · consolidated
06-01
Gazette deed Capital & shares · Miscellaneous
Capital increase · Share issue · Capital5 facts ▸
  • General meeting, 29-12-2020
  • Capital increase, €18,417,055.60
  • Share issue, 1750269, 148917
  • Capital, €18,417,055.60
  • Amendment of the articles
2020
31-12
Financial Liquidity more than 522 timescurrent ratio 21.40
Current ratio from 0.04 to 21.40.
15-12
Gazette deed Permanent representatives: PENNEQUIN Francis, JACQUES de DIXMUDE Michaël and de GOUSSENCOURT Christian
Capital increase · Power of attorney · Subscription period extension10 facts ▸
  • General meeting, 10-12-2020
  • Capital increase, €3,750,003.30
  • Power of attorney, MARTIN John
  • Power of attorney, NOLICIS ENTERPRISE
  • Power of attorney, HOLMAR
  • Power of attorney, GOSTART
  • Permanent representative, PENNEQUIN Francis
  • Permanent representative, JACQUES de DIXMUDE Michaël
  • Permanent representative, de GOUSSENCOURT Christian
  • Subscription period extension, “non-préférentielle, 2021-01-29T16:00” (deed in French)
19-11
Gazette deed Capital & shares · Amendment of the articles
Capital increase · Capital · Power of attorney10 facts ▸
  • General meeting, 12-11-2020
  • Capital increase, €749,996.30
  • Capital increase, €3,750,003.30
  • Capital, €14,667,052.30
  • Amendment of the articles
  • Power of attorney, MARTIN John Charles
  • Power of attorney, PENNEQUIN Francis
  • Subscription period, “2020-12-18T16:00, 2020-11-13T12:00” (deed in French)
  • Share structure
  • Share category rule, “Les actions nouvelles créées seront de catégorie A si elles sont souscrites par des actionnaires détenant des actions de catégorie A, et de catégorie B si elles…” (deed in French)
17-07
Gazette deed Reappointments: John C. Martin, Alexia Martin and 13 others
Permanent representatives: Francis PENNEQUIN, Serge De Milt and 5 others · Appointments: GOSTART (chair of the board) and John C. Martin (administrateur délégué, chargé de la gestion journalière)39 facts ▸
  • General meeting, 27-05-2020
  • Director reappointment, John C. Martin (director)
  • Director reappointment, Alexia Martin (director)
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, NOLICIS ENTERPRISE (director)
  • Permanent representative, Francis PENNEQUIN
  • Director reappointment, Brigitte Gouder de Beauregard (director)
  • Director reappointment, Anthony R. Martin (director)
  • Director reappointment, Jonathan Martin (director)
  • Director reappointment, JOHN MARTIN (director)
  • Permanent representative, Serge De Milt
  • Director reappointment, HOLMAR (director)
  • +27 further facts in this act
07-01
Gazette deed Resignation: SA OPTIMMO (director)
Appointment: Brigitte Gouder de Beauregard (administrateur non exécutif)3 facts ▸
  • Board meeting, 28-11-2019
  • Director resignation, SA OPTIMMO (director)
  • Director appointment, Brigitte Gouder de Beauregard (administrateur non exécutif)
2019
22-07
Gazette deed Resignation: Daniel Samson (director)
Appointments: Serge De Milt (director) and John C. Martin (managing director) · Permanent representatives: Christian de Goussencourt, Isabelle Devos and 4 others23 facts ▸
  • General meeting, 29-05-2019
  • Director resignation, Daniel Samson (director)
  • Director appointment, Serge De Milt (director)
  • Board composition, SPRL GOSTART (director)
  • Permanent representative, Christian de Goussencourt
  • Board composition, John C. Martin (director)
  • Board composition, Anthony R. Martin (director)
  • Board composition, Jacques Muzard (director)
  • Board composition, Jonathan Martin (director)
  • Board composition, Alexia Martin (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, Adeline Simont (director)
  • +11 further facts in this act
2018
22-06
Gazette deed Appointments: Jonathan MARTIN (director) and Alexia MARTIN (director)
Permanent representatives: Christian de Goussencourt, Isabelle Devos and 4 others22 facts ▸
  • General meeting, 30-05-2018
  • Director appointment, Jonathan MARTIN (director)
  • Director appointment, Alexia MARTIN (director)
  • Board composition, SPRL GOSTART (director)
  • Permanent representative, Christian de Goussencourt
  • Board composition, John C. Martin (director)
  • Board composition, Anthony R. Martin (director)
  • Board composition, Jacques Muzard (director)
  • Board composition, Jonathan MARTIN (director)
  • Board composition, Alexia MARTIN (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, Adeline Simont (director)
  • +10 further facts in this act
2017
18-07
Gazette deed Reappointments: John C. MARTIN, Anthony R. MARTIN and 11 others
Permanent representatives: Christian de Goussencourt, Isabelle Devos and 6 others · Appointments: SPRL GOSTART (chair of the board) and John C. MARTIN (administrateur délégué, chargé de la gestion journalière)36 facts ▸
  • General meeting, 31-05-2017
  • Director reappointment, John C. MARTIN (director)
  • Director reappointment, Anthony R. MARTIN (director)
  • Director reappointment, Jacques MUZARD (director)
  • Director reappointment, Alain PRIGOGINE (director)
  • Director reappointment, Adeline SIMONT (director)
  • Director reappointment, Daniel SAMSON (director)
  • Director reappointment, SPRL GOSTART (director)
  • Permanent representative, Christian de Goussencourt
  • Director reappointment, S.A. SOGEPA (director)
  • Permanent representative, Isabelle Devos
  • Director reappointment, S.PRL NOLICIS ENTERPRISE (director)
  • +24 further facts in this act
2014
30-06
Gazette deed Resignation: Christian de Goussencourt (director)
Appointments: SPRL GOSTART (director) and John C. Martin (administrateur délégué, chargé de la gestion journalière) · Permanent representatives: Christian de Goussencourt, Isabelle Devos and 6 others · Reappointments: John C. Martin, Anthony R. Martin and 10 others37 facts ▸
  • General meeting, 28-05-2014
  • Director resignation, Christian de Goussencourt (director)
  • Director appointment, SPRL GOSTART (director)
  • Permanent representative, Christian de Goussencourt
  • Director reappointment, John C. Martin (director)
  • Director reappointment, Anthony R. Martin (director)
  • Director reappointment, Jacques MUZARD (director)
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, Adeline Simont (director)
  • Director reappointment, Daniel SAMSON (director)
  • Director reappointment, S.A. SOGEPA (director)
  • Permanent representative, Isabelle Devos
  • +25 further facts in this act
2013
08-07
Gazette deed Resignations: Louis van der Taelen, Thierry Vivario and Baudouin de Ribaucourt
Appointments: John C. Martin, Anthony R. Martin and 9 others · Permanent representatives: Sophie Trinon, Francis Pennequin and 3 others34 facts ▸
  • General meeting, 29-05-2013
  • Director resignation, Louis van der Taelen (director)
  • Director resignation, Thierry Vivario (director)
  • Director resignation, Baudouin de Ribaucourt (director)
  • Director appointment, John C. Martin (director)
  • Director appointment, Anthony R. Martin (director)
  • Director appointment, Alain Prigogine (director)
  • Director appointment, Adeline Simont (director)
  • Director appointment, SOGEPA (director)
  • Permanent representative, Sophie Trinon
  • Director appointment, Jacques Muzard (director)
  • Director appointment, Daniel Samson (director)
  • +22 further facts in this act
29-01
Gazette deed Appointments: Baudouin de Ribaucourt (chair of the board) and John C. MARTIN (administrateur délégué, chargé de la gestion journalière de la société)
3 facts ▸
  • Board meeting, 26-06-2012
  • Director appointment, Baudouin de Ribaucourt (chair of the board)
  • Director appointment, John C. MARTIN (administrateur délégué, chargé de la gestion journalière de la société)
2012
01-08
Gazette deed Capital & shares
Share issue · Capital increase · Bank account5 facts ▸
  • General meeting, 11-07-2012
  • Share issue, 160200, EUR
  • Capital increase, €1,500,000
  • Bank account, “Degroof”, 676-1148020-88 (deed in French)
  • Power of attorney, ANDEL
16-07
Gazette deed Reappointments: John C. Martin, Anthony R. Martin and 6 others
Permanent representatives: Sophie Trinon, Francis Pennequin and 2 others · Appointments: Jacques Muzard, Daniel Samson and 4 others · Resignation: Peter Hartim (director)33 facts ▸
  • General meeting, 26-06-2012
  • Director reappointment, John C. Martin (director)
  • Director reappointment, Anthony R. Martin (director)
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, Louis van der Taelen (director)
  • Director reappointment, Adeline Simont (director)
  • Director reappointment, Thierry Vivario (director)
  • Director reappointment, Baudouin de Ribaucourt (director)
  • Director reappointment, SOGEPA (director)
  • Permanent representative, Sophie Trinon
  • Director appointment, Jacques Muzard (director)
  • Director appointment, Daniel Samson (director)
  • +21 further facts in this act
06-01
Gazette deed Capital & shares
Account holder designation1 fact ▸
  • Account holder designation, “erkende rekeninghouder” (deed in Dutch)
2011
15-06
Gazette deed Reappointments: John C. Martin, Peter Martin and 10 others
Permanent representatives: Pierre Paraire, Bruno Van Den Bosch and André François · Appointment: John C. Martin (administrateur délégué, chargé de la gestion journalière)29 facts ▸
  • General meeting, 25-05-2011
  • Director reappointment, John C. Martin (director)
  • Director reappointment, Peter Martin (director)
  • Director reappointment, Anthony R. Martin (director)
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, Diana Martin (director)
  • Director reappointment, Louis van der Taelen (director)
  • Director reappointment, Adeline Simont (director)
  • Director reappointment, Thierry Vivario (director)
  • Director reappointment, Baudouin de Ribaucourt (director)
  • Director reappointment, SOGEPA (director)
  • Permanent representative, Pierre Paraire
  • +17 further facts in this act
2010
16-04
Gazette deed Appointment: Anthony R. Martin (director)
Permanent representative: Pierre Paraire13 facts ▸
  • General meeting, 10-03-2010
  • Director appointment, Anthony R. Martin (director)
  • Board composition, John C. Martin (director)
  • Board composition, Anthony R. Martin (director)
  • Board composition, Peter Martin (director)
  • Board composition, Diana Martin (director)
  • Board composition, Adeline Simont (director)
  • Board composition, SOGEPA (director)
  • Permanent representative, Pierre Paraire
  • Board composition, Baudouin de Ribaucourt (director)
  • Board composition, Louis Van Der Taelen (director)
  • Board composition, Thierry Vivario (director)
  • +1 further fact in this act
2006
13-03
Gazette deed Capital & shares
Amendment of the articles · Capital decrease · Share cancellation12 facts ▸
  • General meeting, 22-02-2006
  • Amendment of the articles (2 times)
  • Capital decrease, €11,687,926.23
  • Share cancellation, 80645, “destruction immédiate” (deed in French)
  • Share buyback, 80645, “présentées au rachat” (deed in French)
  • Capital decrease, €743,679
  • Bond issuance, 80645, 743679.00
  • Capital increase
  • Bank account, “DEGROOF”, 676-1148020-88 (deed in French)
  • Filing document, “quatre procurations” (deed in French)
  • Subscription period, 30-05-2006, 12-05-2006
  • Bank account, “Degroof”, 676-0751201-96 (deed in French)
2004
06-08
Gazette deed Resignation: Anthony R. MARTIN (director)
Appointments: Louis Van Der Taelen, B ST Réviseurs d'Entreprises and Thierry Vivario · Reappointment: Louis Van Der Taelen (director) · Permanent representative: Pierre Paraire19 facts ▸
  • Board meeting, 22-04-2004
  • Director resignation, Anthony R. MARTIN (director)
  • Director appointment, Louis Van Der Taelen (director)
  • General meeting, 26-05-2004
  • Auditor appointment, B ST Réviseurs d'Entreprises
  • Director reappointment, Louis Van Der Taelen (director)
  • Director appointment, Thierry Vivario (director)
  • Permanent representative, Pierre Paraire
  • Board composition, John C. Martin (director)
  • Board composition, Peter Martin (director)
  • Board composition, Baudouin de Ribaucourt (director)
  • Board composition, Fernand David (director)
  • +7 further facts in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 55 annual accounts filed, the latest 10 are here; all are under Financials.An act published in both Dutch and French appears here once.
30 of 30 deeds read

We would like to set cookies. That happens only with your consent. What we measure