Andema Farma has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.84M and a net result of €116k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 8657 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 09-09-2025, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
31 d early
2023
1 d early
2022
3 d early
2021
34 d early
2020
38 d early
2019
37 d early
← before the deadline
after the deadline →
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 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.84M▲ 6.8%
2024 · €1.72M
2019: €1.18M
2020: €1.30M
2021: €1.39M
2022: €1.49M
2023: €1.62M
2024: €1.72M
2019 → 2025
Total assets
€2.04M▲ 0.2%
2024 · €2.03M
2019: €2.07M
2020: €2.19M
2021: €2.03M
2022: €2.03M
2023: €2.03M
2024: €2.03M
2019 → 2025
Net result
€116k▲ 22.9%
2024 · €95k
2019: €154k
2020: €122k
2021: €94k
2022: €103k
2023: €124k
2024: €95k
2019 → 2025
Working capital
€-190k▲ 38.1%
2024 · €-306k
2019: €-373k
2020: €-376k
2021: €-405k
2022: €-430k
2023: €-387k
2024: €-306k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.39M-€1.49M▲ 7.4%€1.62M▲ 8.3%€1.72M▲ 6.3%€1.84M▲ 6.8%
Operating result€143k-€147k▲ 3.0%€166k▲ 13.3%€128k▼ 22.8%€163k▲ 26.8%
Net result€94k-€103k▲ 9.9%€124k▲ 20.0%€95k▼ 23.5%€116k▲ 22.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.04M
Fixed assets
€2.03M=
Current assets
€10k▲ 47.6%
Equity and liabilities €2.04M
Equity
€1.84M▲ 6.8%
Debt
€202k▼ 35.9%
The debt ratio falls from 15.5% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
90.1%▲
2024 · 84.5%
ROE
6.3%▲
2024 · 5.5%
ROA
5.7%▲
2024 · 4.6%
Debt
€202k▼
2024 · €315k
Debt ≤ 1 year
€199k▼
2024 · €313k
Income taxes
€45k▲
2024 · €30k
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€2.03M€2.04M▲
Fixed assets21/28€2.03M€2.03M=
Financial fixed assets28€2.03M€2.03M=
Current assets29/58€6k€10k▲
Cash at bank and in hand54/58€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.04M▲
Equity10/15€1.72M€1.84M▲
Contributions10/11€696k€696k=
Reserves13€1.02M€1.14M▲
Distributable reserves133€1.02M€1.14M▲
Amounts payable17/49€315k€202k▼
Amounts payable within one year42/48€313k€199k▼
Current portion of amounts payable after more than one year42€22k-
Financial debts43€10k€18k▲
Credit institutions430/8€10k€18k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€3k€13k▲
Taxes450/3€3k€13k▲
Other amounts payable47/48€277k€166k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Other operating charges640/8€960€968▲
Gross operating margin9900€129k€164k▲
Operating profit (loss)9901€128k€163k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€125k€162k▲
Income taxes67/77€30k€45k▲
Profit (loss) for the period9904€95k€116k▲
Profit (loss) for the period to be appropriated9905€95k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€95k€116k▲
Transfer to equity691/2€95k€116k▲
To other reserves6921€95k€116k▲
The notes to these accounts (4 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
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €94k ▼23.4%
Net result drops to €94k, the lowest in the series; recovery starts the following year.
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Huldenberg · 1 establishment unit since 2008
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.
R. Borremansstraat 133040 HuldenbergGround area
815 m²
Building footprint
217 m²
Volume, LiDAR
884 m³
Parcel 24045B0277/00Y000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Andema Farma
since 20082.173.796.229
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24045B0277/00Y000 | Flanders | 815 m² | 1 · 217 m² | 7.0 m · 1 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 82,569 companies in sector 70200 we hold annual accounts for 52,573. 21,155 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2008
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.