Andira Electronics
ActiveSummary
The annual accounts of Andira Electronics for fiscal year 2024 show a net loss of 70% of total assets. The 2024 annual accounts show equity of €22,592 and a net result of -€17,179. Equity is shrinking by ~9.6% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 10.96 against 6.47 in 2023; short-term debt: 7.5% and cash: 33.4% of total assets), and 7.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.5%
Return on assets
-70.4%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
35 d early
2023
30 d early
2022
24 d late
2021
41 d early
2020
72 d early
2019
86 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€22,592▼ 43.2%
2023 · €39,772
Total assets
€24,418▼ 46.4%
2023 · €45,550
Net result
-€17,179▲ 43.4%
2023 · -€30,356
Working capital
€18,192▼ 42.5%
2023 · €31,614
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€24,646▲ 73.1%€7,176▼ 70.9%€17,972▲ 150%-€30,405-€17,524▲ 42.4%
Net result€18,458within the sector's middle half▲ 65.0%€1,553within the sector's middle half▼ 91.6%€12,538within the sector's middle half▲ 707%-€30,356below the sector's middle half-€17,179below the sector's middle half▲ 43.4%
Equity€71,036within the sector's middle half▼ 8.0%€72,590within the sector's middle half▲ 2.2%€85,127within the sector's middle half▲ 17.3%€39,772within the sector's middle half▼ 53.3%€22,592within the sector's middle half▼ 43.2%
Total assets€79,567within the sector's middle half▲ 1.1%€93,100within the sector's middle half▲ 17.0%€87,868within the sector's middle half▼ 5.6%€45,550below the sector's middle half▼ 48.2%€24,418below the sector's middle half▼ 46.4%
Debt€8,531▲ 465%€20,510▲ 140%€2,741▼ 86.6%€5,779▲ 111%€1,826▼ 68.4%
Working capital€49,485within the sector's middle half▼ 3.9%€54,750within the sector's middle half▲ 10.6%€70,144within the sector's middle half▲ 28.1%€31,614within the sector's middle half▼ 54.9%€18,192within the sector's middle half▼ 42.5%
Solvency89.3%above the sector's middle half▼ 8.8pp78.0%above the sector's middle half▼ 11.3pp96.9%above the sector's middle half▲ 18.9pp87.3%above the sector's middle half▼ 9.6pp92.5%above the sector's middle half▲ 5.2pp
Current ratio6.80above the sector's middle half▼ 28.313.67above the sector's middle half▼ 3.1326.59above the sector's middle half▲ 22.926.47above the sector's middle half▼ 20.1210.96above the sector's middle half▲ 4.49
Return on assets (ROA)23.2%above the sector's middle half▲ 9.0pp1.7%within the sector's middle half▼ 21.5pp14.3%above the sector's middle half▲ 12.6pp-66.6%below the sector's middle half▼ 80.9pp-70.4%below the sector's middle half▼ 3.7pp
above
within
below
the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17,524 in 2024 against €30,405 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24,418
Fixed assets
€4,401 ▼ 46.1%
Current assets
€20,017 ▼ 46.5%
Equity and liabilities €24,418
Equity
€22,592 ▼ 43.2%
Debt
€1,826 ▼ 68.4%
Debt's share of the balance-sheet total falls from 12.7% to 7.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€13,767▲
2023 · -€26,660
Cash flow
-€13,422▲
2023 · -€26,611
Debt to equity
0.08▼
2023 · 0.15
ROE
-76.0%▲
2023 · -76.3%
Interest coverage
-28.34▲
2023 · -59.92
Debt ≤ 1 year
€1,826▼
2023 · €5,779
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,649 | €8,340 | €9,269 | €3,745 | €3,757 | ▲ 0.3% |
| Other operating charges640/8 | - | €248 | €103 | €109 | €658 | ▲ 501% |
| Gross operating margin9900 | €34,430 | €15,764 | €27,344 | -€26,551 | -€13,109 | ▲ 50.6% |
| Operating profit (loss)9901 | €24,646 | €7,176 | €17,972 | -€30,405 | -€17,524 | ▲ 42.4% |
| Financial income75/76B | - | - | €1 | €284 | €831 | ▲ 193% |
| Recurring financial income75 | - | - | €1 | €284 | €831 | ▲ 193% |
| Financial charges65/66B | - | €452 | €419 | €445 | €486 | ▲ 9.2% |
| Recurring financial charges65 | €408 | €452 | €419 | €445 | €486 | ▲ 9.2% |
| Profit (loss) for the period before taxes9903 | €24,238 | €6,724 | €17,554 | -€30,566 | -€17,179 | ▲ 43.8% |
| Income taxes67/77 | €5,780 | €5,171 | €5,017 | -€211 | - | - |
| Profit (loss) for the period9904 | €18,458 | €1,553 | €12,538 | -€30,356 | -€17,179 | ▲ 43.4% |
| Transfer from tax-exempt reserves789 | - | €21,765 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €18,458 | €23,318 | €12,538 | -€30,356 | -€17,179 | ▲ 43.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,567 | €93,100 | €87,868 | €45,550 | €24,418 | ▼ 46.4% |
| Fixed assets21/28 | €21,551 | €17,840 | €14,983 | €8,158 | €4,401 | ▼ 46.1% |
| Tangible fixed assets22/27 | €21,551 | €17,840 | €14,983 | €8,158 | €4,401 | ▼ 46.1% |
| Plant, machinery and equipment23 | - | €10,592 | €11,688 | €6,585 | €3,834 | ▼ 41.8% |
| Furniture and vehicles24 | - | €7,248 | €3,295 | €1,573 | €567 | ▼ 63.9% |
| Current assets29/58 | €58,016 | €75,260 | €72,885 | €37,392 | €20,017 | ▼ 46.5% |
| Stocks and contracts in progress3 | €5,616 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €9,799 | €22,891 | €295 | €3,148 | €11,854 | ▲ 277% |
| Trade receivables40 | - | - | - | €3,075 | €2,575 | ▼ 16.3% |
| Other amounts receivable41 | - | €22,891 | €295 | €72 | €9,279 | ▲ 12,714% |
| Cash at bank and in hand54/58 | €42,101 | €51,869 | €72,589 | €34,245 | €8,163 | ▼ 76.2% |
| Deferred charges and accrued income490/1 | - | €500 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,567 | €93,100 | €87,868 | €45,550 | €24,418 | ▼ 46.4% |
| Equity10/15 | €71,036 | €72,590 | €85,127 | €39,772 | €22,592 | ▼ 43.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Reserves13 | €64,836 | €66,390 | €78,927 | €63,927 | €16,392 | ▼ 74.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €64,530 | €77,067 | €62,067 | €14,532 | ▼ 76.6% |
| Profit (loss) carried forward14 | -€3,775 | - | - | -€30,356 | - | - |
| Amounts payable17/49 | €8,531 | €20,510 | €2,741 | €5,779 | €1,826 | ▼ 68.4% |
| Amounts payable within one year42/48 | €8,531 | €20,510 | €2,741 | €5,779 | €1,826 | ▼ 68.4% |
| Trade debts44 | €365 | €1,138 | €27 | €1,217 | €1,691 | ▲ 38.9% |
| Suppliers440/4 | - | €1,138 | €27 | €1,217 | €1,691 | ▲ 38.9% |
| Taxes, remuneration and social security45 | - | €1,788 | €2,587 | €1,767 | €135 | ▼ 92.4% |
| Taxes450/3 | - | €1,788 | €2,587 | €67 | €135 | ▲ 100% |
| Remuneration and social security454/9 | - | - | - | €1,700 | - | - |
| Other amounts payable47/48 | - | €17,584 | €127 | €2,794 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,458 | €1,553 | €12,538 | -€30,356 | -€17,179 | ▲ 43.4% |
| + Depreciation and write-downs630 | €9,649 | €8,340 | €9,269 | €3,745 | €3,757 | ▲ 0.3% |
| Operating cash flow (approximation) | €28,107 | €9,893 | €21,807 | -€26,611 | -€13,422 | ▲ 49.6% |
| Investment in fixed assets (approximation) | - | -€4,629 | -€6,412 | €3,081 | €0 | ▼ 100% |
| Change in cash | - | €9,768 | €20,720 | -€38,345 | -€26,081 | ▲ 32.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€30,356
Net result drops to -€30,356, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Liquidity times 7current ratio 26.59
Current ratio from 3.67 to 26.59; short-term debt falls from €20,510 to €2,741.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €18,458 ▲65%
Operating result €24,646, net result €18,458, both a record.
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 35.11
Current ratio from 11.98 to 35.11; short-term debt falls from €3,397 to €1,510.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Duffel · 1 establishment unit since 2009
Ground area
1,747 m²
Building footprint
779 m²
Volume, LiDAR
4,562 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Andira Electronics
since 20092.178.666.025
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0067/00D003 | Flanders | 1,234 m² | 1 · 662 m² | 11.3 m · 1 fl. |
| 12302D0620/00Y000 | Flanders | 513 m² | 1 · 117 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 35 companies in sector 27330 we hold annual accounts for 20. 4 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
27330Manufacture of electrical equipment
26110Manufacture of computer, electronic and optical products
27120Manufacture of electrical equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811942656
Registered
05-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.