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Andev Services

Active Private limited companyfounded 2019active for 7 yearsTremelobaan 22, 3140 KeerbergenKBO/BCE: BE 0724.869.419

Lifetime

7 annual accounts with figures on one time axis
peak €2.3m (2025)
€2.3m▲ 14.7%
lowest -€13,232 (2023)
€56,911▲ €61,423
peak €194,866 (2025)
€194,866▲ 41.3%
€193,457▼ 2.2%
peak 39.9 FTE (2022)
-not published
Board2 names since 2019
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €2.0m to €2.3mBack to profit: €56,911Equity from €137,955 to €194,866Investments €49,874

Key points

from the 2025 annual accounts

Result

€56,911 €56,911
-€4,5102024€56,9002025

Back in profit in 2025, after a loss of €4,512 in 2024.

Turnover

≈ €4.2m estimated

The accounts state no turnover.

Investments

€43,874 1.8 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 166.4% higher than in 2024.

Filings

7 annual accounts 8 filings, 7 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 156 days after the end of the period.

Position in the sector

€56,911

Higher net result than 93% of companies in personal services. Sector median €2,797 · 5,760 companies.

Public support

€5.2m awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Dienstencheques.

Checked score

85
Excellent
Financially stronger than 74% of micro companies in personal services (NACE 96)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.3% 01-2025: 3.2%▼ -0.1 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.4%▲ +0.2 percentage points vs 03-2025 05-2025: 3.6%▲ +0.2 percentage points vs 04-2025 06-2025: 3.5%▼ -0.1 percentage points vs 05-2025 07-2025: 2.9%▼ -0.6 percentage points vs 06-2025 08-2025: 3.9%▲ +1.0 percentage point vs 07-2025 09-2025: 4.4%▲ +0.5 percentage points vs 08-2025highest value 10-2025: 1.2%▼ -3.2 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 0.7%▼ -0.5 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 0.5%▼ -0.6 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026lowest value

Financial strength
Strong

75+9equity 50.2% of total assets
71+10short-term debt 49.8% · cash 36.3%
87+20return on assets 14.7%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Founded in 2019
lowers risk
Liquidity: current ratio 1.42, cash €141,001
Equity €194,866 (50.2% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 68% of them on solvency, 75% on liquidity, 76% on profitability and 79% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Andev Services 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
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Andev Services itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 Andev Services. 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

Credit of up to €16,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.42 (1.23 in 2024), below the usual 1.5. Short-term debt is 49.8% and cash 36.3% of total assets. 49.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.42, cash €141,001
NBB · annual accounts
lowers risk · Equity €194,866 (50.2% of total assets)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filings
Deviation from the deadline
2025
31 days late
2024
31 days late
2023
31 days late
2022
74 days late
2021
78 days late
2020
38 days late
2019
156 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 63 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KA
Director, since 19-10-2023
  • Khurshudyan Armenuhi 100 sharesdeed of 27-09-2019
  • Goroneskul Aleksandrdeed of 27-09-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0724869419
Registered office moved from Bonheiden to Keerbergen New registered office: 3140 Keerbergen – Tremelobaan 22 bus 4 · Previous registered office: Mechelsesteenweg 352, 2820 Bonheiden · Change of role: KHURSHUDYAN Armenuhi, from manager to director · General meeting of 19-10-2023 · Gazette deed
Registered office moved from Mechelen to Bonheiden New registered office: Mechelsesteenweg 352, 2820 Bonheiden · Previous registered office: Grootbrug 1, 2800 Mechelen · Board meeting of 25-02-2022 · Gazette deed
Registered office moved within Mechelen Transfer of 20 shares from Goroneskul Aleksandr to Khurshudyan Armenuhi · New registered office: Grootbrug 1, 2800 Mechelen · Previous registered office: Zeevaartstraat 31, 2800 Mechelen · General meeting of 02-09-2019 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
Andev Services Keerbergen €388,323 €2.3m 50.2% -
ASK services Ixelles €455,113 €2.0m 71.1% -
CLEAN & COSY Wavre €590,183 €2.7m 8.6% -
EKOSERVICES JURBISE Jurbise €656,441 €3.0m 42.8% 107
MAISON BRILLANTE Chaumont-Gistoux €619,319 €3.0m 36.4% 79.1
DNA Hamme (Vl.) €654,422 €3.1m -54.7% 84.5
TERNOSVIT Herzele €614,425 €1.6m 19.3% 38.4

These companies have the same main activity as Andev Services: personal service activities (NACE 96910). They are comparable in size and age: total assets between €455,000 and €656,000, founded between 2018 and 2019.

Official details

Source: KBO
Status
Active since 12-04-2019Normal situation
Activity
Personal service activitiesNACE 96910
Establishment unit
2.291.113.9672820 Bonheiden, since 01-07-2019
Financial year end
31 December
Peppol
Reachable since 10-01-2026
Company details

Annual accounts 2025

€388,323▲ 15.6%
Filing
Filed on 31-08-2026
Financials

Insights on Andev Services

Andev Services files the micro format. That format states no turnover. The gross margin rose from €100,261 in 2019 to €2.3m 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 Andev Services

What is the company number of Andev Services?
The company number of Andev Services is 0724.869.419. The VAT number is the same number with BE in front: BE 0724.869.419.
Where is Andev Services based?
The registered office is at Tremelobaan 22, 3140 Keerbergen.Company details
What does Andev Services do?
According to the KBO register, the main activity is personal service activities (NACE 96910).
What is the legal form of Andev Services?
Andev Services is a private limited company (BV).
When was Andev Services founded?
Andev Services was founded on 12-04-2019.
Is Andev Services still active?
Yes, Andev Services is an active enterprise in the KBO register.
How many employees does Andev Services have?
Andev Services had an average of 39.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of Andev Services?
The turnover in financial year 2025 is ≈ €4.2m. This figure is estimated from the gross margin of €2.3m and 55 comparable companies of the same size. It probably lies between €2.6m and €5.5m. It is a rough estimate.
Is Andev Services profitable?
In financial year 2025, Andev Services made a profit of €56,911.
Where can I find the annual accounts of Andev Services?
Andev Services filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Andev Services due?
Andev Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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