Equity
€101,198 ▲ 53.3%
Andes has made a profit without a break since 2022.
Andes
Lifetime
5 annual accounts with figures on one time axispeak €70,888 (2024)
€54,286▼ 23.4%
lowest -€46,531 (2021)
€35,202▼ 28.9%
peak €101,198 (2025)
€101,198▲ 53.3%
€46,392▲ 0.8%
Board1 name since 2020
1 director
Documentsfilings and deeds
13-05-202679 days before the deadline
2025micro format
Gross margin from €70,888 to €54,286Result from €49,527 to €35,202Equity from €65,995 to €101,198Investments €8,761Cash from €3,548 to €63,599
Key points
from the 2025 annual accountsTurnover
≈ €160,000 estimated
The micro format states no turnover.
Investments
€8,761 2.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
2.54 was 1.89 in 2024
Short-term debts rose from €46,029 to €46,392.
Filings
5 annual accounts 2 late
The 2021 accounts came latest: 23 days after the end of the period.
Position in the sector
€35,202
Higher net result than 91% of companies in beverages. Sector median -€2,066 · 380 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as Andes has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Andes. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0754602095
Incorporation
Founding capital of €25,000 · Founder: (sole founder) · Appointment: (director) · published on 22-09-2020 · Gazette deed
First establishment
Turfkuilen 15, Herentals
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Andes Herentals | €147,590 | €54,286 | 68.6% | - |
| TAKE AWAY COCKTAILS Aarschot | €122,802 | €56,846 | 74.2% | - |
| GAB & OS Nivelles | €129,124 | €78,136 | 33.0% | - |
| LA DISTILLERIE DU FAYS Verlaine | €143,548 | €81,595 | 37.0% | 0.2 |
| B.art Sint-Niklaas | €88,680 | €45,141 | 55.0% | - |
| D&V Solutions Nazareth-De Pinte | €145,132 | €47,613 | 76.3% | - |
| Streat Beringen | €316,806 | €41,418 | 17.7% | - |
These companies have the same main activity as Andes: manufacture of beverages (NACE 11010). They are comparable in size and age: total assets between €88,700 and €317,000, founded between 2017 and 2022.
Official details
Source: KBO- Status
- Active since 18-09-2020Normal situation
- Activity
- Manufacture of beveragesNACE 11010and 2 others
- Establishment unit
- 2.307.346.8192200 Herentals, since 18-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 27-08-2025
Annual accounts 2025
- €147,590▲ 31.7%
- Filing
- Filed on 13-05-2026, 79 days before the end of the filing period
Insights on Andes
Andes files the micro format. That format states no turnover. The gross margin rose from -€45,175 in 2021 to €54,286 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Andes
- What is the company number of Andes?
- The company number of Andes is 0754.602.095. The VAT number is the same number with BE in front: BE 0754.602.095.
- Where is Andes based?
- The registered office is at Turfkuilen 15, 2200 Herentals.Company details
- What does Andes do?
- According to the KBO register, the main activity is manufacture of beverages (NACE 11010).
- What is the legal form of Andes?
- Andes is a private limited company (BV).
- When was Andes founded?
- Andes was founded on 18-09-2020.
- Is Andes still active?
- Yes, Andes is an active enterprise in the KBO register.
- What is the turnover of Andes?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €54,286 and 2,667 comparable companies of the same size. It probably lies between €110,000 and €280,000. It is a rough estimate.Financials
- Is Andes profitable?
- In financial year 2025, Andes made a profit of €35,202.
- Where can I find the annual accounts of Andes?
- Andes filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Andes due?
- Andes must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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